Hindustan
Fluorocarbons Limited
Q1 RESULTS REVIEW
Hindustan
Fluorocarbons Limited (HFL) was incorporated on 14th July, 1983 as a subsidiary
company of Hindustan Organic Chemicals Limited (HOCL), a CPSE under the
administrative control of the Department of Chemicals and Petrochemicals.
It
is located at Rudraram, District Sangareddy, in Telangana.
The
company started commercial production in the year 1987 and is engaged in the
manufacture of Poly Tetra Fluoro Ethylene (PTFE) at 500 tons p.a. and of Chloro
Di Fluoro Methane (CFM-22). PTFE is extensively used in chemical, mechanical,
electrical and electronic industries and has strategic applications in defence
and aerospace sectors. CFM-22 is used as pure or in mixture for refrigeration.
The raw materials used by HFL are Chloroform and Anhydrous Hydrofluoric Acid
(AHF) which are sourced from public / private firms in the country.
HIFLON
MM2 powder is excellent lubricant additive for specialized oils and greases
designed for conditions / systems where conventional additives such as graphite
molybdenum disulphide are unsuitable. Other applications include lubrication at
low temperatures in corrosive conditions where cleanliness is demanded and
non-stick properties are required.
The
technology for manufacture of PTFE was sourced from M/s Atochem, France, one of
the world leaders in Fluorocarbons and Fluoropolymers.
HFL
has the rare distinction of owning PTFE know-how, which is available to a
select few companies in the world. Rightly, HFL is synthesizing the skills of
its expertise with tomorrow's technologies to build on its core competencies.
HFL is marketing PTFE resin under the
brand name of HIFLON.
The
Strength of HFL lies in its knowledge base acquired over the last 25 years by
its team of highly skilled and dedicated Engineers, who have been trained at M/s Atochem, France in manufacture of
PTFE.
Its
continuous R&D, and interactions with customers is the driving force behind
its achievements, marketing and supporting systems. The highly motivated work
force of HFL is forging ahead with a single minded purpose.
Business
The
main products manufactured by HFL are CFM-22 (chloro Fluoro Methane Gas
(R-22)), TFE (Tetra Fluoro Ethylene),
PTFE (Poly Tetra Fluoro Ethylene). The
major raw materials consumed are Chloroform
& AHF (Anhydro Fluoric
Acid).
CFM-22(R-22)
is mainly used as refrigerant gas.
PTFE
is a versatile engineering plastic PTFE is having outstanding properties such
as chemical stability inertness along with low coefficient of fraction and
outstanding electrical insulating and dio electrical properties, hence used for
automobile industries, mechanical seal, packing for hydrolic pump spares and
etc.
TFE
is used as a main precursor to manufacture of series of fluoro Speciality
chemicals.
Board of Directors
|
1
|
Shri. S B Bhide
|
Chairman
|
|
2
|
Shri. T S Gaikwad
|
Managing Director (HFL)
|
|
3
|
Shri. D K Madan
|
Govt. Nominee Director
|
|
HIND FLOURO
|
Jun '18
|
Mar '18
|
Dec '17
|
Sep '17
|
Jun '17
|
YOY
|
QOQ
|
|
Net Sales
|
13.76
|
10.86
|
9.32
|
8.91
|
8.88
|
54.95
|
26.7
|
|
Consumption of Raw Materials
|
4.88
|
4.09
|
3.21
|
2.87
|
3.51
|
39.03
|
19.32
|
|
Net Profit/(Loss) For the Period
|
1.73
|
0.24
|
-0.39
|
0.19
|
-1.04
|
-266.35
|
620.83
|
|
Equity Share Capital
|
19.61
|
19.61
|
19.6
|
19.61
|
19.61
|
0
|
0
|
|
Basic EPS
|
0.67
|
-1.95
|
-0.2
|
0.09
|
-0.53
|
-226.42
|
-134.36
|
|
Diluted EPS
|
0.67
|
-1.95
|
-0.2
|
0.09
|
-0.53
|
-226.42
|
-134.36
|
|
MP
|
21.6
|
||||||
|
PE
|
8.06
|
||||||
|
FV
|
10
|
||||||
|
VOLUME
|
2550
|
||||||
|
PRICE TREND
|
|||||||
|
06.09.18
|
1 week
|
2 week
|
1 month
|
3 month
|
6 month
|
9 month
|
1 year
|
|
Price
|
19.25
|
15.1
|
10.35
|
13.19
|
11.47
|
9.55
|
11.9
|
|
Gain / Loss
|
12.21%
|
43.05%
|
108.70%
|
63.76%
|
88.32%
|
126.18%
|
81.51%
|
