---
title: "Govind Poy Oxygen Ltd (1268099) — Share Price, Financials & Analysis"
symbol: "1268099"
company: "Govind Poy Oxygen Ltd"
canonical: "https://tapetide.com/stocks/1268099"
sector: "Commodities"
industry: "Chemicals & Petrochemicals"
generated_at: "2026-09-13T18:22:58.601Z"
---

# Govind Poy Oxygen Ltd (1268099)

Canonical page: https://tapetide.com/stocks/1268099

## Company

- **Sector:** Commodities
- **Industry:** Chemicals & Petrochemicals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Govind Poy Oxygen is in the business of production and trading of Medical Oxygen, Industrial Oxygen, Argon, Nitrogen, Dissolved Acetylene, etc.

## Latest Price

## Key Insights

### Weaknesses

- The company has delivered a poor sales growth of 6.91% over past five years.
- Company has a low return on equity of -0.15% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 250% | 64% | 13% |
| revenue growth | 24% | 10% | 7% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1.9 | 1.86 | 2.96 | 2.26 | 2.21 | 2.12 | 2.21 | 2.45 | 2.56 | 2.97 | 2.59 | 3.01 |
| Expenses | 1.92 | 1.83 | 2.44 | 2.03 | 2.15 | 2.23 | 2.12 | 2.25 | 2.25 | 2.49 | 2.04 | 2.74 |
| Operating Profit | -0.02 | 0.03 | 0.52 | 0.23 | 0.06 | -0.11 | 0.09 | 0.2 | 0.31 | 0.48 | 0.55 | 0.27 |
| OPM % | -1.05 | 1.61 | 17.57 | 10.18 | 2.71 | -5.19 | 4.07 | 8.16 | 12.11 | 16.16 | 21.24 | 8.97 |
| Other Income | 0.03 | 0.07 | 0.02 | 0.02 | 0.12 | 0.05 | 0.01 | 0.05 | 0.04 | 0.04 | 0.01 | 0.06 |
| Interest | 0.04 | 0.04 | 0.03 | 0.02 | 0.02 | 0.02 | 0.04 | 0.04 | 0.03 | 0.05 | 0.03 | 0.02 |
| Depreciation | 0.06 | 0.06 | 0.06 | 0.07 | 0.06 | 0.44 | 0.13 | 0.13 | 0.16 | 0.15 | 0.15 | 0.17 |
| Profit before tax | -0.09 | 0 | 0.45 | 0.16 | 0.1 | -0.52 | -0.07 | 0.08 | 0.16 | 0.32 | 0.38 | 0.14 |
| Tax % | -11.11 | — | 0 | 100 | 10 | 3.85 | 0 | 0 | 6.25 | 6.25 | 44.74 | 92.86 |
| Net Profit | -0.08 | 0 | 0.44 | 0.01 | 0.09 | -0.54 | -0.07 | 0.08 | 0.14 | 0.29 | 0.21 | 0.02 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 6.92 | 6.71 | 6.7 | 7.29 | 8.15 | 7.56 | 6.45 | 9.55 | 10.18 | 11.13 |
| Expenses | 6.4 | 6.13 | 6.26 | 6.89 | 8.09 | 7.38 | 6.66 | 8.83 | 9.1 | 9.52 |
| Operating Profit | 0.52 | 0.58 | 0.44 | 0.4 | 0.06 | 0.18 | -0.21 | 0.72 | 1.08 | 1.61 |
| OPM % | 7.51 | 8.64 | 6.57 | 5.49 | 0.74 | 2.38 | -3.26 | 7.54 | 10.61 | 14.47 |
| Other Income | 0.11 | -0.09 | 0.1 | 0.1 | 0.09 | 0.12 | 0.11 | 0.2 | 0.13 | 0.15 |
| Interest | 0.14 | 0.07 | 0.02 | 0.01 | 0.08 | 0.17 | 0.17 | 0.1 | 0.16 | 0.13 |
| Depreciation | 0.31 | 0.29 | 0.13 | 0.14 | 0.15 | 0.23 | 0.25 | 0.63 | 0.58 | 0.63 |
| Profit before tax | 0.18 | 0.13 | 0.39 | 0.35 | -0.08 | -0.1 | -0.52 | 0.19 | 0.47 | 1 |
| Tax % | 61.11 | 115.38 | 41.03 | 34.29 | 37.5 | 10 | 0 | 10.53 | 10.64 | — |
| Net Profit | 0.07 | -0.03 | 0.22 | 0.22 | -0.1 | -0.12 | -0.52 | 0.16 | 0.42 | 0.66 |
| Dividend Payout % | 57.14 | -133.33 | 18.18 | 18.18 | -40 | -16.67 | -11.54 | 37.5 | 19.05 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 |
| Reserves | 2.3 | 2.22 | 2.49 | 2.72 | 2.35 | 1.56 | 1.76 | 1.75 | 2.2 | 2.85 |
| Borrowings | 0.87 | 0.13 | 0.13 | 0.19 | 1.64 | 1.62 | 1.7 | 1.21 | 1.08 | 1.38 |
| Other Liabilities | 2.61 | 2.76 | 2.86 | 2.99 | 3.25 | 3.52 | 3.62 | 4.17 | 4.48 | 4.79 |
| Total Liabilities | 6.18 | 5.51 | 5.88 | 6.3 | 7.64 | 7.1 | 7.48 | 7.53 | 8.16 | 9.42 |
| Fixed Assets | 1.51 | 1.43 | 1.78 | 1.85 | 2.76 | 3.29 | 3.08 | 2.71 | 3.04 | 3.06 |
| CWIP | 0.02 | 0.01 | 0.05 | 0.04 | 0.2 | 0.04 | 0.04 | 0.02 | 0.02 | 0.02 |
| Investments | 1.62 | 1.45 | 2.27 | 2.55 | 2.6 | 1.9 | 2.47 | 2.39 | 2.42 | 2.93 |
| Other Assets | 3.03 | 2.62 | 1.78 | 1.86 | 2.08 | 1.87 | 1.89 | 2.41 | 2.68 | 3.41 |
| Total Assets | 6.18 | 5.51 | 5.88 | 6.3 | 7.64 | 7.1 | 7.48 | 7.53 | 8.16 | 9.42 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.09 | 0.47 | 1.12 | 1.19 | 0.4 | 0.22 | 0.54 | 0.23 | 1.02 | 1.07 |
| Cash from Investing Activity | 0.34 | -0.28 | -0.22 | -1.24 | -0.39 | -1.31 | -0.28 | -0.1 | -0.08 | -0.86 |
| Cash from Financing Activity | -0.3 | -0.22 | -0.9 | -0.02 | 0 | 1.09 | -0.28 | -0.1 | -0.83 | -0.35 |
| Net Cash Flow | -0.05 | -0.03 | -0.01 | -0.07 | 0.01 | 0.01 | -0.01 | 0.03 | 0.11 | -0.14 |
| Free Cash Flow | -0.07 | -0.13 | 0.88 | 0.68 | 0.21 | -1 | -0.02 | 0.2 | 0.79 | 0.21 |
| CFO/OP | -35 | 90 | 174 | 261 | 102 | 400 | 311 | -105 | 153 | 105 |

### Ratios

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 100.5 | 92.3 | 74.52 | 49.57 | 49.57 | 47.47 | 48.28 | 54.33 | 38.98 | 44.1 |
| Inventory Days | 25.13 | 28.53 | 35.58 | 26.93 | 31.82 | 27.16 | 33.1 | 45.23 | 49.54 | 60.58 |
| Days Payable | 28.41 | 21.64 | 27.45 | 20.94 | 24.33 | 29.55 | 29.52 | 29.45 | 21.13 | 9.84 |
| Cash Conversion Cycle | 97.22 | 99.19 | 82.66 | 55.56 | 57.06 | 45.08 | 51.86 | 70.1 | 67.4 | 94.84 |
| Working Capital Days | 24.05 | 41.67 | 67.45 | -86.62 | -83.11 | -105.25 | -129.39 | -156.19 | -103.96 | -90.35 |
| ROCE % | -4.11 | 8.68 | 12.34 | 13.86 | 11.06 | 0 | 0.75 | -9.95 | 7.76 | 16.76 |

## Shareholding Pattern

### annual

| Category | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 55.81% | 55.91% | 56.35% | 57.19% | 57.2% | 57.2% | 57.2% | 57.2% | 56.31% |
| DIIs | 31.41% | 31.41% | 25.38% | 25.38% | 25.38% | 25.38% | 25.38% | 25.38% | 25.38% |
| Public | 12.78% | 12.68% | 18.27% | 17.44% | 17.43% | 17.43% | 17.43% | 17.43% | 18.32% |
| No. of Shareholders | 300 | 298 | 292 | 280 | 279 | 279 | 277 | 277 | 277 |

### Quarterly

| Category | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 57.2% | 57.2% | 57.2% | 57.2% | 57.2% | 57.2% | 57.2% | 57.2% | 57.2% | 57.2% | 56.31% | 56.31% |
| DIIs | 25.38% | 25.38% | 25.38% | 25.38% | 25.38% | 25.38% | 25.38% | 25.38% | 25.38% | 25.38% | 25.38% | 25.38% |
| Public | 17.43% | 17.43% | 17.43% | 17.43% | 17.43% | 17.43% | 17.43% | 17.43% | 17.43% | 17.43% | 18.32% | 18.32% |
| No. of Shareholders | 279 | 279 | 279 | 277 | 277 | 277 | 277 | 277 | 277 | 277 | 277 | 277 |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:22:58.601Z.