Allied Resins & Chemicals Ltd - Stock Valuation and Financial Performance

BSE: 524538 | NSE: ALLIEDRES | Chemicals | Small Cap

BSE Share Price
Not Listed

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Allied Resins & Chemicals stock performance -

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P/E Ratio (SA):
0.04
Market Cap:
0.9 Cr.
52-wk low:
0
52-wk high:
0

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of Allied Resins:

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'01Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10TTM
ROCE % -20.2%-22.2%-22.3%-29.3%-35%-44.5%247.8%497.4%204.6%83%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 19.719.225.42632.447.273.180.669.666.773
Sales YoY Gr.--2.5%32%2.6%24.4%45.8%55.1%10.2%-13.7%-4.1%-
Adj EPS -43.1-47.9-52.3-63.6-74.4-88.4126.6213.183.62625.6
YoY Gr.-NANANANANANA68.4%-60.8%-68.9%-
BVPS (₹) -105.3-153.6-206.3-276.9-351.3-439.7-313.1-100.1-15.110.9-105.3
Adj Net
Profit
-36.7-40.7-44.5-54.1-63.2-75.110818171.122.122
Cash Flow from Ops. -0.3-1.5-1.51-0.24.312618075.431.5-
Debt/CF from Ops. -665.4-136.1-164.1285.4-213997.22.40.70.50.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 14.5%15.6%-3%-4.1%
Adj EPS NANA-41%-68.9%
BVPSNANANANA
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'01Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10TTM
Return on
Equity %
51.73729.126.724.222.7-34.1-105.9-158.81046.6-54.2
Op. Profit
Mgn %
-24.5-18.1-3-8.1-4.5-8.9-355.4513.312.2
Net Profit
Mgn %
-186.1-212.1-175.4-207.9-195.4-159.3147.1224.8102.133.229.8
Debt to
Equity
-1.9-1.6-1.4-1.3-1.2-1.1-1.1-1.4-3.11-
Working Cap
Days
19216795654753504953490
Cash Conv.
Cycle
-143-169-147-130-120-96-51-142-160

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

Net Profit has been subdued in last 3 years %

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

Latest Financials - Allied Resins & Chemicals Ltd.

Standalone Consolidated
TTM EPS (₹) 25.6 -
TTM Sales (₹ Cr.) 73 -
BVPS (₹.) -105.3 -
Reserves (₹ Cr.) -98 -
P/BV -0.01 -
PE 0.04 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) 1.00 / 17.00
Market Cap (₹ Cr.) 0.9
Equity (₹ Cr.) 8.5
Face Value (₹) 10
Industry PE 49.7

Management X-Ray of Allied Resins:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.0019.6519.659.489.489.489.47
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Allied Resins

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'01Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10
Sales19.7119.2125.3526.0132.3547.1573.1480.5869.5866.72
Operating Expenses 24.5422.7026.1228.1233.8051.3498.7476.2166.0957.85
Manufacturing Costs3.182.863.213.403.284.124.824.976.847.25
Material Costs17.3716.4118.9121.2726.9342.3864.1965.0554.3444.69
Employee Cost 1.651.401.381.411.521.821.942.032.143.19
Other Costs 2.352.022.612.042.063.0327.784.162.762.73
Operating Profit -4.83-3.48-0.76-2.11-1.45-4.19-25.604.373.498.87
Operating Profit Margin (%) -24.5%-18.1%-3.0%-8.1%-4.5%-8.9%-35.0%5.4%5.0%13.3%
Other Income 0.300.620.991.181.524.74137.70181.2973.3017.94
Interest 27.7233.4540.2848.6958.8871.240.020.030.020.05
Depreciation 4.424.434.434.434.404.444.454.484.564.60
Exceptional Items 0000000000
Profit Before Tax -36.67-40.74-44.48-54.06-63.21-75.13107.63181.1472.2122.16
Tax 0000000.050.030.030
Profit After Tax -36.67-40.74-44.48-54.06-63.21-75.13107.58181.1172.1922.16
PAT Margin (%) -186.0%-212.0%-175.0%-207.0%-195.0%-159.0%147.1%224.7%103.8%33.2%
Adjusted EPS (₹)-43.1-47.9-52.3-63.6-74.4-88.4126.6213.184.926.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'01Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10

Equity and Liabilities

Shareholders Fund -89.47-130.54-175.34-229.72-293.25-368.71-261.45-80.67-8.8013.03
Share Capital 8.508.508.508.508.508.508.508.508.508.50
Reserves -97.97-139.04-183.84-238.22-301.75-377.21-269.95-89.17-17.304.53
Minority Interest0000000000
Debt171.11205.17246.84294.50354.21421.30295.70119.2539.709.50
Long Term Debt171.11205.17246.84294.50354.21421.30295.70119.2539.709.50
Short Term Debt0000000000
Trade Payables18.7116.9613.2713.2914.3822.5614.157.635.958.86
Others Liabilities 1.101.101.101.101.101.240.690.721.851.84
Total Liabilities 101.4492.6985.8679.1776.4376.3849.0946.9438.6933.22

Fixed Assets

Gross Block94.2794.3394.3694.3895.0795.2595.4796.6798.0898.64
Accumulated Depreciation31.4236.1740.9345.6850.4155.1759.9464.7469.6374.56
Net Fixed Assets62.8558.1553.4348.7044.6640.0835.5331.9328.4524.08
CWIP 26.4826.4826.4826.4826.4826.481.661.6600.74
Investments 0.040.040.040.040.040.040.042.1100
Inventories3.722.081.091.082.126.314.066.914.804.15
Trade Receivables1.911.901.660.140.160.025.241.691.760.94
Cash Equivalents 1.080.170.040.050.040.060.050.160.090.04
Others Assets5.373.873.122.682.933.392.512.483.593.27
Total Assets 101.4492.6985.8679.1776.4376.3849.0946.9438.6933.22

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'01Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10
Cash Flow From Operating Activity -0.26-1.51-1.501.03-0.174.33125.80179.8775.4431.48
PBT -36.67-40.74-44.48-54.06-63.21-75.13107.63181.1472.2122.16
Adjustment 32.1137.8444.7053.1063.2675.6529.274.524.294.63
Changes in Working Capital 4.311.4-1.722-0.213.81-11.09-5.79-1.064.69
Tax Paid -0.0100-0.01000000
Cash Flow From Investing Activity -0.06-0.03-0.02-0.01-0.68-0.17-0.20-3.292.38-1.27
Capex -0.08-0.06-0.03-0.02-0.69-0.18-0.22-1.20-1.41-1.30
Net Investments 0000000-2.112.110
Others 0.020.030.010.010.020.020.020.021.680.02
Cash Flow From Financing Activity 1.200.621.40-1.020.84-4.15-125.61-176.46-77.89-30.25
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 28.9034.0641.6747.6659.7167.08-125.60-176.4500
Interest Paid -27.70-33.44-40.27-48.68-58.87-71.23-0.01-0.02-0.01-0.05
Dividend Paid 0000000000
Others 00000000-77.88-30.20
Net Cash Flow 0.88-0.91-0.12000.02-0.010.11-0.07-0.05
PARTICULARSMar'01Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09Mar'10
Ratios
ROE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/A0
ROCE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/A97.34
Asset Turnover Ratio0.20.210.30.330.450.681.251.781.721.93
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/A1.170.991.051.42
Working Capital Days
Receivable Days2734251221121597
Inventory Days56522214173024232923
Payable Days351397292228188159104614660

Allied Resins & Chemicals Ltd Stock News

Allied Resins & Chemicals Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Allied Resins on 01-Jan-1970 05:30 is ₹0.00.
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 01-Jan-1970 05:30 the market cap of Allied Resins stood at ₹0.85.
The latest P/E ratio of Allied Resins as of 01-Jan-1970 05:30 is 0.04.
The latest P/B ratio of Allied Resins as of 01-Jan-1970 05:30 is -0.01.
The 52-week high of Allied Resins is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Allied Resins is ₹72.97 ( Cr.) .

About Allied Resins & Chemicals Ltd

Allied Resins & Chemicals Limited (ARCL) was promoted in 1959 as a Private limited company. It became a Public Limited Company in 1967.The company is the largest and oldest wood adhesive manufacturer in India.

ARCL brought in rare technologies from the world to make chemicals like Paraformaldehyde, first time in India and speciality resins like Phenol Formaldehyde Spray Dried Powder first time in Asia. As a result it not only has an edge over its competitors in India, but is also growing fast in exports. Though there are 35 Formaldehyde plants in country today.

The products of the company can be grouped under three heads:

  • Base Resin & Additive-These produts find use in plywood, particle board, MDF, decorative veneer lamination, lamination glazing, HMV, LFE, High GSS, High IBS etc.
  • One Shot Resin Sysetm-These products find use in solid wood, joinery, finger jointing, bonding of veneer and surface splicing veneer.
  • HARDENER-These produts find use in plywood, particle board, MDF, decorative venner lamination, lamination glazing, HMV, LFE, High GSS, High IBS etc.

ARCL’s Rampur factory is the largest Formaldehyde based chemical and Resin complex in India .The plant was set up in technical collabortion with Borden (UK) and was a pioneering venture.  Over the next two decades, the company has diversified its activities to become a multi-product chemical enterprise. The company is currently engaged in the manufacture of Formaldehyde, pentaerythitol, Hexamine, UF Resins and PF Resins (Liquid) which are mainly used in plywood, leather, paints and explosive industries.

It serves to industries like paints, textile, foundry, explosives, electrical, plastics, resins, paper, drugs, leather, moulding, insulation, furniture, rubber, breaklining, etc.

The company is making all efforts to tap the growing export market. It has established itself in South Asia, Southern & Northern parts of Africa, some countries of Middle & Far East. Presently we are breaking into the Chinese market and are also exploring opportunities in rest of the world. We are targeting Europe & America.

It is exporting successfully to Australia, Ethiopia, Italy, Russia, France, Bangladesh, Bhutan, Madagascar, Phillipines, Nepal, U.S.A, and many more countries.

With a brand image since 48 years, ARCL can boast of a very extensive marketing network in India ranging from Jammu in the North to Kanyakumari in the South, Assam in the East to Gujarat in the West. Its products are widely accepted and favored in the Indian market. All-India network enables the company to remain close to the customers.

The company had entered into Chinese joint venture in Formaldehyde and Para formaldehyde and its products are British Standard(BIS) approved.

Future plans

The company is developing High Moisture Veneer Gluing concept and Low molar ratio powder resin as LFE.

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