Alkali Metals Ltd - Stock Valuation and Financial Performance

BSE: 533029 | NSE: ALKALI | Chemicals | Small Cap

Alkali Metals Share Price

115.15 -0.05 -0.04%
as on 26-Apr'24 15:17

DeciZen - make an informed investing decision on Alkali Metals

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Semi Strong

Alkali Metals stock performance -

mw4me loader
P/E Ratio (SA):
75.91
Market Cap:
117.8 Cr.
52-wk low:
94.1
52-wk high:
163.2

Is Alkali Metals Ltd an attractive stock to invest in?

1. Is Alkali Metals Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Alkali Metals Ltd is a average quality company.

2. Is Alkali Metals Ltd undervalued or overvalued?

The key valuation ratios of Alkali Metals Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Alkali Metals Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Alkali Metals Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Alkali Metals:

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.
Alkali Metals Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 0.3%5.1%6.1%3.9%4.8%5.2%3.7%1%7.6%6.1%-
Value Creation
Index
-1.0-0.6-0.6-0.7-0.7-0.6-0.7-0.9-0.5-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 66.168.473.358.164.971.670.955.49188.285
Sales YoY Gr.-3.6%7.1%-20.8%11.8%10.2%-1%-21.8%64.4%-3.1%-
Adj EPS -2.11.12.20.71.61.70.9-1.13.42.41.5
YoY Gr.-NA94.7%-67.1%115.1%8.9%-50.3%-228.2%NA-31.3%-
BVPS (₹) 4947.748.448.849.650.348.647.750.351.149.4
Adj Net
Profit
-2.21.22.30.71.61.70.9-1.13.52.42
Cash Flow from Ops. 1.29.28.34.24.56.99.41.311.211.2-
Debt/CF from Ops. 30.53.62.65.142.62.116.61.51.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 3.3%6.3%7.6%-3.1%
Adj EPS NA8.4%40.4%-31.3%
BVPS0.5%0.6%1.7%1.5%
Share Price 19.7% 21.2% 29.1% 15.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-4.22.34.61.53.13.41.7-2.26.94.63
Op. Profit
Mgn %
5.114.113.612.210.710.49.41112.51111.2
Net Profit
Mgn %
-3.31.73.11.32.52.41.2-23.82.71.8
Debt to
Equity
0.70.70.40.40.40.40.40.50.30.4-
Working Cap
Days
204185157197197194188261183194103
Cash Conv.
Cycle
74585266797780114768411

Recent Performance Summary

Net Profit is growing at healthy rate in last 3 years 40.35%

Return on Equity has declined versus last 3 years average to 3.00%

Sales growth has been subdued in last 3 years 7.59%

Sales growth is not so good in last 4 quarters at -5.00%

Latest Financials - Alkali Metals Ltd.

Standalone Consolidated
TTM EPS (₹) 1.5 -
TTM Sales (₹ Cr.) 85.3 -
BVPS (₹.) 49.4 -
Reserves (₹ Cr.) 40 -
P/BV 2.34 -
PE 75.91 -
From the Market
52 Week Low / High (₹) 94.10 / 163.15
All Time Low / High (₹) 13.15 / 399.40
Market Cap (₹ Cr.) 118
Equity (₹ Cr.) 10.2
Face Value (₹) 10
Industry PE 49.7

Management X-Ray of Alkali Metals:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *30.0430.0630.0630.0630.0630.0630.0630.0630.0630.06
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Alkali Metals

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales66687358657271559188
Operating Expenses 63596351586464498079
Manufacturing Costs17131211121514121919
Material Costs35343927323434213837
Employee Cost 66789910101213
Other Costs 55555666109
Operating Profit 3910777761110
Operating Profit Margin (%) 5.1%13.8%13.5%11.8%10.5%10.4%9.4%11.0%12.5%11.0%
Other Income 0100110001
Interest 3533332333
Depreciation 4444333344
Exceptional Items 0-100000000
Profit Before Tax -3030121054
Tax -1010000121
Profit After Tax -2020121-133
PAT Margin (%) -3.0%0.4%3.1%0.6%2.3%2.6%1.3%-2.2%3.8%3.3%
Adjusted EPS (₹)-1.90.32.20.41.41.90.9-1.23.42.9
Dividend Payout Ratio (%)0%0%54%138%69%65%107%-67%59%70%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 51495051515250495253
Share Capital 10101010101010101010
Reserves 41394040414240394243
Minority Interest0000000000
Debt34282020171818191617
Long Term Debt161022112421
Short Term Debt18191818161716161416
Trade Payables13101214151611181718
Others Liabilities 464321471012
Total Liabilities 1019587878687839495100

Fixed Assets

Gross Block88848483838487909095
Accumulated Depreciation26273033363943434346
Net Fixed Assets61575450474545474649
CWIP 0002222011
Investments 0000000000
Inventories13161319172321282628
Trade Receivables149111014116121314
Cash Equivalents 2311113131
Others Assets12985566666
Total Assets 1019587878687839495100

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 198447911111
PBT -3031121154
Adjustment 7976666677
Changes in Working Capital 053-3-3-13-5-11
Tax Paid 00-10000010
Cash Flow From Investing Activity -3-20-10-3-4-4-3-3
Capex -3-2-1-10-3-4-4-3-3
Net Investments 0000000000
Others 0000000000
Cash Flow From Financing Activity 2-6-10-3-4-4-30-7-9
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 3000-1012-2-1
Interest Paid 000-3-3-3-2-3-3-2
Dividend Paid -10-10-1-1-30-1-2
Others 0-6-900011-2-4
Net Cash Flow 02-20003-22-1
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-3.860.584.610.742.933.71.89-2.466.985.64
ROCE (%)0.375.758.454.745.726.664.743.9611.039.25
Asset Turnover Ratio0.690.730.850.70.760.830.830.630.960.9
PAT to CFO Conversion(x)N/AN/A4N/A43.59N/A3.673.67
Working Capital Days
Receivable Days71564764686344615156
Inventory Days73766994100102113163108112
Payable Days131124108174161164148257169175

Alkali Metals Ltd Stock News

Alkali Metals Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Alkali Metals on 26-Apr-2024 15:17 is ₹115.2.
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 26-Apr-2024 15:17 the market cap of Alkali Metals stood at ₹117.8.
The latest P/E ratio of Alkali Metals as of 26-Apr-2024 15:17 is 75.91.
The latest P/B ratio of Alkali Metals as of 26-Apr-2024 15:17 is 2.34.
The 52-week high of Alkali Metals is ₹163.2 and the 52-week low is ₹94.10.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Alkali Metals is ₹85.34 ( Cr.) .

About Alkali Metals Ltd

Alkali Metals was incorporated on April 17, 1968 as a joint venture with APIDC.  The company commenced production of sodium metal, with an installed capacity of 125 MT. There were only a few manufacturers of sodium metal at that time and the technology was not available easily. Alkali Metals developed the technology for sodium metal based on in-house R&D capabilities and this was an achievement, considering various hazards in the development and manufacture of the same. It has a distinction of developing technology for the manufacture of sodium metal for usage in fast breeder nuclear reactors for power generation. It developed technologies for several derivatives based on sodium metal, picoline and various other cyclic compounds. In the year 1986, APIDC exited from the joint venture.

Y V S Murty and Y S R Venkata Rao are the main promoters of the company.

Currently, the company has two manufacturing facilities, unit I and II. Both the units are ISO 9001: 2000 and ISO 14001:2004 certified and have combined installed capacity of 4,400 MTPA. While unit I is engaged in the manufacture of sodium metals, organo alkali metallics, tetrazoles, amino pyridines and caters to the domestic market, unit II, a 100% EOU is engaged in the manufacture of pyridine derivatives, cyclic compounds and fine chemicals.

Business area of the company

The company is engaged in the business of manufacturing sodium derivatives, pyridine derivatives and a range of fine chemicals, based on related chemistry. 

Products

Sodium derivatives

  • Sodium Amide
  • Sodium Azide
  • Sodium Hydride
  • Sodium Methoxide
  • Sodium tertiary butoxide

Pyridine derivatives

  • Aminopyridine
  • Amino - 4 - Methylpyridine
  • Amino 6 - Methylpyridine
  • Diaminopyridine
  • Trichloropyridine

Fine chemicals

  • Phenyl - a – (2-Pyridyle) Acetonitrile
  • Phenyl Pyridyl Acetamide

Awards/ achievements

  • Best Export Performance Award” in the state for 2003-2004 from FAPCCI
  • Best technology development in research & development” in the state for 2001-2002 from FACCI
  • Certificate of Merit for the outstanding export performance” for 2001-2002 from (CHEMEXCIL) , Mumbai
  • Outstanding performance in the field of Technology” from Uppal Industries Association in 2003

Certification/ recognition

  • ISO 14001:2004 certified company
  • ISO 9001:2000 certified company
  • Export House certificate
  • In-house R&D centre recognized by Ministry of Science and Technology, Government of India
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