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Chembond Chemicals Ltd Stock Analysis

Small Cap
Evaluated by 275 users | BSE: 530871 | NSE: CHEMBOND |
Chemicals
Chembond Chemicals, incorporated in 1975, is engaged in specialty chemicals business and offers a range of products for industrial applications It is listed on the Bombay Stock Exchange (BSE) and Ahmedabad Stock Exchange since 1995.The company has been growing continuously in sale as well as...

Analysis of Financial Track Record

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
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 16.51%14.67%8.19%8.58%10.01%28.83%6.58%3.87%2.19%2.36%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 13215217420421721621923215658.5
Y-o-Y Gr. Rt.-14.9%14.8%16.7%6.5%-0.5%1.4%6.2%-32.7%-62.5%
Adjusted EPS (Rs.) 5.165.222.543.034.1229.4110.116.233.64.01
Y-o-Y Gr. Rt.-1.2%-51.3%19.3%36%613.8%-65.6%-38.4%-42.2%11.4%
Book Value per Share (Rs.) 26.5730.8134.7736.2338.87146.82159.41167.9170.69170.76
Adjusted Net Profit 6.66.63.445.539.413.68.44.85.4
Net Op. Cash Flow (Rs. Cr.) 6.911.3-3.511.98.8-27.8-3.18.3-15.92
Debt to Cash Flow from Ops 2.371.9-6.612.092.48-0.3-2.350.5600
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Chembond Chemicals Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -8.7%-23%-35.5%-62.5%
Adjusted EPS -2.8%-0.5%-26.5%11.4%
Book Value per Share 2334.52.30
Share Price 9.1% -2.3% -17.8% 19.9%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 20.5717.577.688.4110.8431.646.613.812.132.35
Operating Profit Margin (%) 3.292.47-0.241.632.02-2.120.061.231.132.99
Net Profit Margin (%) 4.964.371.941.982.5318.276.223.613.19.21
Debt to Equity 0.480.550.50.510.420.040.030.0200
Working Capital Days 10595981029712312597133302
Cash Conversion Cycle 433328242120212557152
Entity Percentage Holding
Promoters 65.88%
Institutions 0.35%
Non-Institutions 33.76%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Chembond Chemicals Ltd's performance infers:

Chembond Chemicals Ltd earnings have declined by -0.5%, whereas share price has depreciated -2.3% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Chembond Chemicals Ltd share prices over the last 10 years. Here is what we found out:

Chembond Chemicals Ltd share price has depreciated 7.3% annually over the past ten years.

Chembond Chemicals, incorporated in 1975, is engaged in specialty chemicals business and offers a range of products for industrial applications It is listed on the Bombay Stock Exchange (BSE) and Ahmedabad Stock Exchange since 1995.

The company has been growing continuously in sale as well as profits and distributing profits without exception by way of dividend since its inception.

The company offers products for applications in the areas of construction chemicals, industrial coatings

Chembond Chemicals, incorporated in 1975, is engaged in specialty chemicals business and offers a range of products for industrial applications It is listed on the Bombay Stock Exchange (BSE) and Ahmedabad Stock Exchange since 1995.

The company has been growing continuously in sale as well as profits and distributing profits without exception by way of dividend since its inception.

The company offers products for applications in the areas of construction chemicals, industrial coatings and chemical trading. It deals in specialty chemical products like water treatment chemicals, industrial enzymes, metal surface treatment chemicals, and in applications solutions for infrastructure.

In 2010 the company formed a joint venture with H2O Innovation Inc, Canada offering equipment solutions for water treatment.

Products:

All Chembond products are tested by experts with several years of industry experience and manufactured at its modern, well equipped plant to exacting quality standards. The company’s product portfolio is as below:

a) Speciality Chemicals Trading –

The list includes:

  • Sodium Gluconate 
  • Sodium Lignosulphonate 
  • Dimethyl Lauryl Amine 
  • Dimenthyl Co-Co Amine
  • Dimethyl Palmityl Amine 
  • Quarternary Amonium Compounds
  • Sulphonated Melamine Formaldehyde 
  • 1,2,3 Benzotriazole Tolyl Triazole   

b) Anti Corrosive Coatings - Chembond's high performance coatings are formulated to suit tropical and industrial conditions offering the very best in corrosion protection as well as appearance.

c) Construction Chemicals - Introduced in 1994, the construction chemicals range covers a wide spectrum of performance enhancing products adapted to the Indian climatic conditions. These products have been used at a number of large infrastructure projects already.

d) Online Instrumentation - Chembond started out with manufacturing instruments in 1998. It has developed pH and Conductivity meters for lab use. These units are portable and ready for field use also. 

Since 1999 it has been associated with WTW for distribution and back-up of their range of on-line instrumentation products. 

e) Water Treatment Equipment

f) Flocculants

Subsidiary:

Chembond Ashland Water Technologies is a wholly owned subsidiary of Chembond Chemicals

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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