GSM Foils Ltd.

GSM Foils Ltd.

GSMFOILS.NS
GSM Foils Ltd.IN flagNational Stock Exchange of India
248.30
INR
+2.10
- -
3.18BMarket Cap
GSM Foils Ltd.
GSMFOILS.NS
(National Stock Exchange of India)

Recent

price

248.30

P/E

ratio

- -

div

yld

- -

ROIC.AI

2021
2022
2023
2024
2025
2026
TTM
FRC
27.94
55.05
50.48
42.78
104.39
- -
199.04
Revenue per Share
0.26
0.49
1.1
1.43
7.53
- -
15.29
Basic EPS, GAAP
-0.77
-1.21
-0.08
-14.63
-15.03
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
5.04
5.05
6.4
11.26
10
- -
10.87
Book Value per Share
5.04
5.05
6.4
11.56
24.38
- -
57.41
Tangible Book Value per Share
13
13
13
10
13
- -
13
Basic Weighted Avg Shares
365
719
659
408
1,338
2,582
2,582
Sales/Revenue/Turnover
1.72
1.72
4.08
6.36
11.15
11.36
11.36
Operating Margin (%)
1
1
1
1
3
5
5
Depreciation Expense
3
6
14
14
97
198
198
Net Income, GAAP
33.27
33.61
38.25
26.16
29.18
25.68
25.68
Effective Tax Rate (%)
0.93
0.89
2.17
3.35
7.21
7.68
7.68
Profit Margin (%)
61
72
85
111
259
593
593
Working Capital
- -
11
11
9
- -
- -
- -
LT Debt
66
66
84
110
312
745
745
Total Equity
- -
10.37
16
13.3
31.9
25.95
25.95
Return on Invested Capital (%)
- -
10.19
16.87
12.14
45.22
49.52
49.52
Return on Capital (%)
- -
9.67
19.13
14.32
81.94
147.46
147.46
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
149
- -
444
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13
- -
- -
Market Capitalization
2,738
2,575
2,168

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
867
- -
1,498
Cash, Cash Equivalents & STI
2
- -
5
Accounts Receivable, Net
438
- -
943
Inventories
323
- -
470
Total Current Liabilities
328
- -
905
Payables & Accruals
- -
- -
- -
ST Debt
149
- -
444
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
76.11%
138.34%
Free Cash Flow
- -
2,539.49%
108.91%
Net Income, GAAP
- -
183.79%
105.54%
Sales/Revenue/Turnover
- -
74.27%
92.94%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
27
- -
- -
408
2025
210
312
360
456
1,338
2026
520
581
663
817
2,582

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.43
2025
1.07
1.66
2.12
2.67
7.53
2026
2.94
4.13
3.78
4.46
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
GSM Foils Ltd. (NSE: GSMFOILS) manufactures pharmaceutical packaging materials, specializing in blister foils and aluminum pharma foils; its product portfolio includes blister foils in 20-40 micron thicknesses with nitrocellulose and vinyl coatings for tear-open, peel-push, peel-open, and push-through packaging, aluminum strip pharma foils in 30-40 micron gauges with 150 GSM LDPE lamination for light- and moisture-sensitive drugs, printed aluminum pharma foils, and slitted blister foil reels, all noted for abrasion resistance, high tensile strength, bond strength, sealing strength, and durability. The company operates an ISO 9001:2015-certified manufacturing facility equipped with advanced machinery such as VMCH coating machines, poly lamination units, drum slitting machines, printing machines, foil washing systems, and in-house quality testing labs featuring bursting strength testers, peeling strength testers, sealing strength testers, bond strength testers, GSM calculators, viscosity cups, and pinhole detection boxes. Founded in 2019 and headquartered at Gala No. 06/106/206/306, Sapphire Building, Diamond Industrial Estate, Vasai East, Palghar, Maharashtra, India, GSM Foils serves pharmaceutical clients across India with a focus on the healthcare supplies segment. In a major milestone, the company converted from GSM Foils LLP to a public limited entity in 2023 (CIN: U43303MH2023PLC405459) and listed on the NSE Emerge SME platform in May 2024 following its IPO, enabling expanded operations in a 15,000 sq. ft. multi-level facility; it reported revenue from operations of Rs. 5,175 lakhs in FY24 (up from Rs. 6,589 lakhs in FY23, adjusted for pre-listing structure), profit of Rs. 188 lakhs, and plans backward integration into rolling mills, forward integration via distribution depots in Gujarat and Bangalore, potential acquisitions including LDPE plants, geographic expansion, food foil development, and targeting Tier-1 pharma clients. Promoter holding stands at 66.5%, with key management including Chairman and CFO Sagar Girish Bhanushali and Managing Director Mohansingh Laxmansingh Parmar.