Centak Chemicals Ltd - Stock Valuation and Financial Performance

BSE: 500082 | NSE: CENTAKCHEM | Chemicals | Small Cap

BSE Share Price
Not Listed

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Centak Chemicals stock performance -

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P/E Ratio (SA):
7.53
Market Cap:
95.6 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 Centak 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.

Value Creation

Value Creation Index Colour Code Guide

Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08TTM
ROCE % 14%13.1%13.1%12.5%19.6%16.2%12.8%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 18.222.225.239.251.248.150.450
Sales YoY Gr.-22.2%13.3%55.7%30.6%-6%4.8%-
Adj EPS 12.713.615.516.329.829.526.825.9
YoY Gr.-6.8%14.4%4.6%83.3%-1%-9.1%-
BVPS (₹) 82.5105.8121.9137.7167.1196.4222.110
Adj Net
Profit
6.26.77.6814.614.513.113
Cash Flow from Ops. 8.700008.92-
Debt/CF from Ops. 0.5000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA17.8%8.8%4.8%
Adj EPS NA14.6%18.1%-9.1%
BVPSNA16%17.3%13.1%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08TTM
Return on
Equity %
15.414.413.712.519.616.212.822.3
Op. Profit
Mgn %
33.92722.331.336.135.131.531.9
Net Profit
Mgn %
34.33030.320.328.53026.125.2
Debt to
Equity
0.10.100000-
Working Cap
Days
05206715065066206590
Cash Conv.
Cycle
0-30-6533432480

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 - Centak Chemicals Ltd.

Standalone Consolidated
TTM EPS (₹) 25.9 -
TTM Sales (₹ Cr.) 50.4 -
BVPS (₹.) 10 -
Reserves (₹ Cr.) - -
P/BV 19.50 -
PE 7.53 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) 83.05 / 279.80
Market Cap (₹ Cr.) 95.6
Equity (₹ Cr.) 4.9
Face Value (₹) 10
Industry PE 47

Management X-Ray of Centak Chemicals:

Shareholding Pattern

No Data To Display

Promoter's Holding & Share Pledging

Event Update

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Analyst's Notes

Key Ratios of Centak Chemicals

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08
Sales18.1822.2225.1739.1851.1848.1050.39
Operating Expenses 13.9916.2819.7627.2533.0231.3635.20
Manufacturing Costs2.833.283.303.734.394.605.23
Material Costs4.346.1210.2916.2521.0720.3522.35
Employee Cost 1.771.491.851.951.561.771.91
Other Costs 5.055.394.335.316.014.635.70
Operating Profit 4.195.945.4211.9418.1516.7415.19
Operating Profit Margin (%) 23.1%26.7%21.5%30.5%35.5%34.8%30.1%
Other Income 4.4410.116.273.774.935.965.74
Interest 0.12000000
Depreciation 1.351.260.813.431.271.091.41
Exceptional Items 0000000
Profit Before Tax 7.1714.7910.8812.2821.8221.6219.52
Tax 1.563.3734.537.427.266.83
Profit After Tax 5.6011.427.887.7514.4014.3612.69
PAT Margin (%) 30.8%51.4%31.3%19.8%28.1%29.9%25.2%
Adjusted EPS (₹)11.423.316.115.829.429.325.9
Dividend Payout Ratio (%)0%0%0%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 40.4051.8259.7067.4681.8596.21108.81
Share Capital 4.904.904.904.904.904.904.90
Reserves 35.5046.9254.8062.5676.9591.31103.91
Minority Interest0000000
Debt4.674.6700000
Long Term Debt4.674.6700000
Short Term Debt0000000
Trade Payables2.816.828.313.324.504.015.84
Others Liabilities 11.0414.434.8012.9619.366.897.15
Total Liabilities 58.9377.7472.8183.74105.71107.12121.80

Fixed Assets

Gross Block20.3320.5419.7120.6420.4920.1620.90
Accumulated Depreciation10.9212.1810.0713.3713.9714.3214.68
Net Fixed Assets9.418.379.647.276.525.846.22
CWIP 0.210.170.150.0100.080.09
Investments 29.8313.7310000
Inventories2.893.193.974.926.717.5312.69
Trade Receivables2.723.603.547.815.744.947.18
Cash Equivalents 0.841.759.624.4710.794.655.67
Others Assets13.0446.9444.8859.2575.9484.0989.95
Total Assets 58.9377.7472.8183.74105.71107.12121.80

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'02Mar'07Mar'08
Cash Flow From Operating Activity 8.738.932.03
PBT 7.1721.6219.52
Adjustment 2.10-3.39-3.83
Changes in Working Capital 1.1-2.2-5.82
Tax Paid -1.64-7.10-7.84
Cash Flow From Investing Activity -8.14-15.12-0.99
Capex -1.23-0.49-1.75
Net Investments -7.1800
Others 0.28-14.630.76
Cash Flow From Financing Activity -2.7900
Net Proceeds from Shares 000
Net Proceeds from Borrowing -2.4500
Interest Paid -0.3400
Dividend Paid 000
Others 000
Net Cash Flow -2.21-6.191.04
PARTICULARSMar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08
Ratios
ROE (%)13.8724.7714.1412.1919.2916.1312.38
ROCE (%)16.1629.1318.7319.3129.2224.2819.04
Asset Turnover Ratio0.360.370.380.570.610.510.5
PAT to CFO Conversion(x)1.560.780.260000
Working Capital Days
Receivable Days47454546433639
Inventory Days50444536374865
Payable Days237287268131687680

Centak Chemicals Ltd Stock News

Centak Chemicals Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Centak Chemicals 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 Centak Chemicals stood at ₹95.55.
The latest P/E ratio of Centak Chemicals as of 01-Jan-1970 05:30 is 7.53.
The latest P/B ratio of Centak Chemicals as of 01-Jan-1970 05:30 is 19.50.
The 52-week high of Centak Chemicals is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Centak Chemicals is ₹50.39 ( Cr.) .

About Centak Chemicals Ltd

Akzo Nobel Chemicals (India) Ltd, an ISO 9001:2000 certified company, is a major supplier to the Indian polymer chemicals industry for the last decade, is a joint venture between Akzo Nobel chemicals of the Netherlands and the B.K. Birla Group’s Century Enka Limited and Century Textiles and Industries Limited.

Akzo Nobel N.V. of Netherlands, a leading player in the global specialty chemicals industry, held 40 per cent of the company’s equity capital. The B.K. Birla group holds and owns 35 per cent of the company’s equity. Formerly known as Centak Chemicals, the name was changed with the acquisition of 95.85 per cent of its shares by Akzo Nobel, making it a subsidiary company of Akzo Nobel Chemicals International B V of the Netherlands.

The parent company, Akzo Nobel Chemicals, Netherlands, is the world’s leading player in the chemicals (surfactants, polymerisation chemicals, and paper chemicals), coatings (strengthened by the acquisition of Courtaulds plc), and healthcare businesses (reinforced by the acquisition of veterinary business of Hoechst AG).

The company has a comprehensive range of 100 per cent active additives compatible with many differing polymer types and suitable for use in food contact applications.

Akzo Nobel is the world`s largest supplier of process chemicals for the viscose industry and, during the 1970s, its products were used throughout the entire Indian viscose industry. But then import restrictions and sky-high customs tariffs made selling to and setting up shop in India virtually impossibility. However, India`s economic development has recently picked up steam-especially concerning foreign trade-and customs tariffs are down considerably from just a few years ago.

The securities of Centak Chemicals (now known as Akzo Nobel) have been struck-off (delisted) from the list of Officially Quoted Securities with effect from November 8, 2002. The acquirers, Akzo Noble Chemicals, Netherlands, have provided an exit option to the existing shareholders at Rs 200 per share at any time during one year from the date of delisting. The shareholders who desire to opt for the exit option will have to send their shares.

Akzo Nobel divested its fibre business to Acordis, a new entity. It has also discontinued manufacturing of viscose chemicals on job contract basis. Recently, Akzo Nobel has divested its fibre business to Acordis, a new entity. . It has also discontinued manufacturing of viscose chemicals on job contract basis.

Future Plans

Akzo Nobel`s management foresees business growth on the back of significant expansion plans by major viscose producers.

The company plans to introduce new products and increase revenues from agency business. And it is also planning to deploy additional surplus funds in profitable investment avenues and undertaking various steps to reduce its interest outgo to further improve its profitability.

The strong technical support and higher operating efficiency is likely to enable the company to maintain its operating margins in the future. The company is all set to take advantage of the demand for PVC, as the demand for PVC is expected to grow moderately over the medium term future. Most of the increase in domestic demand is likely to be met through increased domestic production, leading to higher demand for organic-peroxides.

 

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