Shivam Chemicals Ltd - Stock Valuation and Financial Performance

BSE: 544165 | NSE: | Chemicals | Small Cap

Shivam Chemicals Share Price

51.15 -1.72 -3.25%
as on 10-May'24 13:31

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Shivam Chemicals stock performance -

mw4me loader
P/E Ratio (SA):
23.77
Market Cap:
89.8 Cr.
52-wk low:
45.6
52-wk high:
59.9

Is Shivam Chemicals Ltd an attractive stock to invest in?

1. Is Shivam Chemicals Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Shivam Chemicals Ltd is a below average quality company.

2. Is Shivam Chemicals Ltd undervalued or overvalued?

The key valuation ratios of Shivam Chemicals Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Shivam Chemicals Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Shivam Chemicals Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Shivam Chemicals:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Shivam Chemicals Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'21Mar'22Mar'23TTM
ROCE % 16.1%42.6%22.7%-
Value Creation
Index
0.22.10.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 95.5178157157
Sales YoY Gr.-86.3%-12%-
Adj EPS 0.73.632.2
YoY Gr.-415.9%-15.2%-
BVPS (₹) 4.37.811.227.1
Adj Net
Profit
0.94.43.74
Cash Flow from Ops. 1.5-30-
Debt/CF from Ops. 1-1.70-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANA-12%
Adj EPS NANANA-15.2%
BVPSNANANA42.7%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'21Mar'22Mar'23TTM
Return on
Equity %
16.358.831.811.6
Op. Profit
Mgn %
1.73.63.2NAN
Net Profit
Mgn %
0.92.52.42.4
Debt to
Equity
0.30.50.5-
Working Cap
Days
033520
Cash Conv.
Cycle
013210

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 11.60%

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Shivam Chemicals Ltd.

Standalone Consolidated
TTM EPS (₹) 2.2 2.1
TTM Sales (₹ Cr.) 157 157
BVPS (₹.) 27.1 26.8
Reserves (₹ Cr.) 29 29
P/BV 1.95 1.97
PE 23.77 24.68
From the Market
52 Week Low / High (₹) 45.60 / 59.87
All Time Low / High (₹) 45.60 / 59.87
Market Cap (₹ Cr.) 89.8
Equity (₹ Cr.) 17
Face Value (₹) 10
Industry PE 48.7

Management X-Ray of Shivam Chemicals:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Shivam Chemicals

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23
Sales95.50177.94156.52
Operating Expenses 93.85171.62151.44
Manufacturing Costs000.63
Material Costs83.81157.54140.67
Employee Cost 1.401.421.14
Other Costs 8.6412.669
Operating Profit 1.646.325.08
Operating Profit Margin (%) 1.7%3.6%3.2%
Other Income 0.080.050.48
Interest 0.340.280.39
Depreciation 0.100.100.09
Exceptional Items 000
Profit Before Tax 1.285.995.08
Tax 0.421.551.30
Profit After Tax 0.874.443.78
PAT Margin (%) 0.9%2.5%2.4%
Adjusted EPS (₹)0.73.63.1
Dividend Payout Ratio (%)0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 5.289.7113.85
Share Capital 0.400.400.40
Reserves 4.889.3113.45
Minority Interest000
Debt1.465.016.74
Long Term Debt0.140.060.06
Short Term Debt1.314.956.68
Trade Payables2.036.401.56
Others Liabilities 1.172.561.66
Total Liabilities 9.9423.6923.81

Fixed Assets

Gross Block0.710.790.80
Accumulated Depreciation0.260.340.43
Net Fixed Assets0.460.450.37
CWIP 000
Investments 001.50
Inventories0.080.050
Trade Receivables7.1814.0512.08
Cash Equivalents 0.070.270.14
Others Assets2.148.879.72
Total Assets 9.9423.6923.81

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23
Cash Flow From Operating Activity 1.50-30
PBT 1.285.990
Adjustment 0.430.380
Changes in Working Capital 0.21-7.810
Tax Paid -0.42-1.550
Cash Flow From Investing Activity 0.44-0.080
Capex 0.43-0.090
Net Investments 000
Others 0.0100
Cash Flow From Financing Activity -2.013.280
Net Proceeds from Shares 000
Net Proceeds from Borrowing -2.77-0.080
Interest Paid -0.34-0.280
Dividend Paid 000
Others 1.103.650
Net Cash Flow -0.060.190
PARTICULARSMar'21Mar'22Mar'23
Ratios
ROE (%)16.3959.1932.08
ROCE (%)23.8458.0230.9
Asset Turnover Ratio9.6110.586.59
PAT to CFO Conversion(x)1.72-0.680
Working Capital Days
Receivable Days272230
Inventory Days000
Payable Days91010

Shivam Chemicals Ltd Stock News

Shivam Chemicals Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Shivam Chemicals on 10-May-2024 13:31 is ₹51.15.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 10-May-2024 13:31 the market cap of Shivam Chemicals stood at ₹89.81.
The latest P/E ratio of Shivam Chemicals as of 10-May-2024 13:31 is 23.77.
The latest P/B ratio of Shivam Chemicals as of 10-May-2024 13:31 is 1.95.
The 52-week high of Shivam Chemicals is ₹59.87 and the 52-week low is ₹45.60.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shivam Chemicals is ₹156.5 ( Cr.) .

About Shivam Chemicals Ltd

Shivam Chemicals Limited was incorporated as Sun Organosys Private Limited on October 12, 2010 under the provisions of Companies Act, 1956 with the Registrar of Companies, Mumbai. The name of the Company was changed to Shivam Chemicals Private Limited vide Ordinary Resolution dated January 17, 2012 and a fresh certificate of incorporation was issued on January 30, 2012 by the Registrar of Companies, Mumbai. Thereafter, the status of the Company was changed to Public Limited and the name of the Company was changed to Shivam Chemicals Limited vide Special Resolution dated November 04, 2023 and a fresh certificate of incorporation consequent to conversion was issued on November 21, 2023 by the Registrar of Companies, Mumbai.

The company is a manufacturer of Hydrated Lime (Calcium Hydroxide) & a distributor of various products such as Poultry feed supplement (MBM), Di-Calcium Phosphate (Feed Grade), Magnesium Oxide, Limestone Powder, etc. With rich experience and knowledge it has built a well-established marketing network across India and it distributes animal feed products for various well renowned manufacture over the years. The Company is engaged in the business of wholesale sale of feed ingredient such as Di Calcium Phosphate and Mono Calcium Phosphate and Chemical Product such as Hydrated Lime (Calcium Hydroxide) and Quick lime (Calcium oxide). The company offers wide range of high-quality feed products. It consists of poultry feed, cattle feed and specialised chemical. The manufacturing activity is carried out by its wholly owned subsidiary Shivam Chemicals and Minerals Private Limited and is located at Dahej Gujarat. 

Business area of the company

The company is engaged in the business of wholesale sale of feed ingredient such as Di Calcium Phosphate and Mono Calcium Phosphate and Chemical Product such as Hydrated Lime (Calcium Hydroxide) and Quick lime (Calcium oxide).

Products of the company 

  • Poultry feed supplement (MBM)
  • Di -Calcium Phosphate (Feed Grade) 
  • Magnesium Oxide
  • Limestone Powder
  • Hydrated Lime (Calcium Hydroxide)

History and milestones

  • 2010: The Company was incorporated as Private Company in the name of Sun Organosys Private Limited
  • 2012: Change of Name of the company from Sun Organosys Private Limited to Shivam Chemicals Private Limited. 
  • 2018 Awarded as Platinum Supplier of DCP by Godrej Agrovet. 
  • 2020: Awarded as Platinum Supplier of DCP by Godrej Agrovet. 
  • 2022: Awarded as Elite Supplier? of Di-Calcium Phosphate by Godrej Agrovet. 
  • 2022: The Company acquired entire shares of Shivam Chemicals & Minerals Pvt. Ltd.
  • 2023: Conversion of company from Private Limited Company to Public Limited Company vide Special Resolution passed at General Meeting dated November 04, 2023.

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