Company Overview

Quality Foils (India) Limited was originally established as a Partnership Firm under the Partnership Act 1932 on October 3, 1989. The company transitioned from a Partnership Firm to a Private Company as "Quality Foils (India) Private Limited" on May 8, 1990, and subsequently converted to a Public Limited company with its current name on November 25, 2022.

The company is a manufacturer and exporter of Cold Rolled Stainless Steel Strips/Coils and Stainless Steel Flexible Hose Pipes. Quality Foils is an ISO 9001:2000 certified manufacturer, demonstrating its commitment to quality standards in its manufacturing processes. It belongs to the Materials sector & Metals - Diversified sub-sector, positioning itself as a specialized player in the stainless steel manufacturing industry. The company's focus on cold rolling processes and flexible hose pipe manufacturing demonstrates its technical expertise in metal fabrication.

Financial Performance and Market Position

As per the latest available data, Quality Foils has generated revenue of ₹151 Crores with a profit of ₹1.42 Crores. The company's market capitalization stands at ₹20.78 Crores as of May 6, 2025. The company's TTM (trailing twelve months) profit after tax was ₹1 Crore.

The company's P/E ratio is 15.62 and P/B ratio is 0.72. The total asset value stood at ₹69 Crores as of March 31, 2024. However, the company has delivered a poor sales growth of -0.10% over the past five years, indicating challenges in revenue expansion.

Key Financial Metrics

- Revenue: ₹151 Crores

- Profit: ₹1.42 Crores

- TTM Profit After Tax: ₹1 Crore

- Market Capitalization: ₹20.78 Crores (as of May 6, 2025)

- Total Assets: ₹69 Crores (as of March 31, 2024)

- P/E Ratio: 15.62

- P/B Ratio: 0.72

- Sales Growth (5-Year): -0.10%

- Promoter Holding: 53.57% (as of March 2024)

- Return on Equity (3-Year Avg): 4.38%

Business Operations and Products

Quality Foils (India) Limited is a manufacturer and exporter of cold rolled stainless steel strips/coils and stainless-steel flexible hose pipes. The company's two primary product categories are:

1. Cold Rolled Stainless Steel Coils/Strips: Manufactured using premium quality raw materials, primarily Hot Rolled Stainless Steel Coils/Strips sourced from Jindal Stainless Hissar Limited, Hissar.

2. Stainless Steel Flexible Hose Pipes: A key product line for various industrial applications.

The company operates in the competitive stainless steel industry, serving both domestic and international markets through its manufacturing and export capabilities. Its established presence since 1989 and ISO certification provide it with credibility in the market.

Stock Performance and Trading Information

The stock's 52-week high is ₹126 and the 52-week low is ₹67.10, showing significant price volatility over the year. Over the past 6 months, the share price has decreased by 25.47% and in the last one year, it has decreased by 22.35%.

The stock trades on NSE under the symbol QFIL and is part of the small-cap segment. The company's shares exhibit typical small-cap characteristics with higher volatility compared to large-cap stocks.

Management and Leadership

- Chairman: Kuldip Bhargava

- Managing Director: Tejasvi Bhargava

Promoter holding in Quality Foils has increased by 1.71% over the last quarter, with the current promoter holding at 53.57% as of March 2024. The increasing promoter holding typically indicates management's confidence in the company's future prospects.

Corporate Governance and Recent Developments

The company approved its audited FY25 financial results with an unmodified audit opinion and made new auditor appointments for FY26. This demonstrates the company's commitment to transparent financial reporting and good corporate governance practices.

Despite reporting repeated profits, the company is not paying out dividends, which suggests management is retaining earnings for business growth and expansion activities. The company has shown a low return on equity of 4.38% over the last 3 years, indicating room for improvement in shareholder value creation.

Quality Foils faces challenges in terms of growth momentum and profitability optimization while operating in a competitive market.