Chemfab Alkalis Ltd. - (Amalgamated) - Stock Valuation and Financial Performance

BSE: 506894 | NSE: CHEMFALKAL | Chemicals | Small Cap

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Chemfab Alkalis Ltd. - (Amalgamated) stock performance -

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P/E Ratio (SA):
16.62
Market Cap:
239.8 Cr.
52-wk low:
260
52-wk high:
278.2

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10 Year X-Ray of Chemf Alkalies:

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'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17TTM
ROCE % 20.9%12.1%9.4%10.6%9.9%23.5%13.1%6.4%-3.7%14.5%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 10089.987.38078.711611311024.8140167
Sales YoY Gr.--10.5%-2.9%-8.4%-1.6%47.2%-2.8%-2%-77.5%466%-
Adj EPS 14.78.97.38.78.924.917.49.9-8.1214.515.7
YoY Gr.--39.5%-18.1%19.3%2.6%178.6%-30.2%-43.3%-182.3%NA-
BVPS (₹) 66.575.18087.695.8115.6132.1141.3-13.81,949.4159
Adj Net
Profit
13.58.26.788.222.815.99-5.915.614
Cash Flow from Ops. 22.915.317.810.85.731.116.320-0.737.9-
Debt/CF from Ops. 0.50.300001.51.2-85.40.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 3.8%12.3%7.6%466%
Adj EPS 34.7%88.8%131.2%NA
BVPS45.5%82.7%145.3%NA
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17TTM
Return on
Equity %
2512.69.410.49.723.5147.2-9.719.91.5
Op. Profit
Mgn %
27.122.918.418.722.532.724.120.1-9.421.317.6
Net Profit
Mgn %
13.59.17.71010.419.714.18.2-23.811.18.7
Debt to
Equity
0.20.100000.20.2-8.50.10.1
Working Cap
Days
611181831982292152481813478524
Cash Conv.
Cycle
21171417180-9-710-110

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 - Chemfab Alkalis Ltd. - (Amalgamated)

Standalone Consolidated
TTM EPS (₹) 15.7 -
TTM Sales (₹ Cr.) 167 -
BVPS (₹.) 159 -
Reserves (₹ Cr.) 141 -
P/BV 1.64 -
PE 16.62 -
From the Market
52 Week Low / High (₹) 260.00 / 278.15
All Time Low / High (₹) 1.15 / 360.00
Market Cap (₹ Cr.) 240
Equity (₹ Cr.) 4.6
Face Value (₹) 5
Industry PE 49.6

Management X-Ray of Chemf Alkalies:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Chemf Alkalies

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17
Sales100.4089.9087.298078.74115.93112.66110.3924.81140.43
Operating Expenses 73.2169.7473.0765.3762.0378.0585.5488.6227.15111.03
Manufacturing Costs42.9940.3440.8137.3735.6453.5561.3262.8921.3373.92
Material Costs11.0911.0211.7112.0110.055.945.825.6636.89
Employee Cost 7.378.086.986.816.967.8199.711.6314.32
Other Costs 11.7610.3113.579.189.3810.759.4010.371.1815.90
Operating Profit 27.1920.1614.2214.6316.7137.8827.1221.77-2.3429.41
Operating Profit Margin (%) 27.1%22.4%16.3%18.3%21.2%32.7%24.1%19.7%-9.4%20.9%
Other Income 2.211.864.642.562.113.634.734.960.221.84
Interest 1.350.880.330.230.1700.830.712.932.72
Depreciation 6.679.177.977.526.816.686.2710.153.5913.05
Exceptional Items 0002.7800009.080
Profit Before Tax 21.3911.9610.5612.2311.8534.8324.7515.860.4415.47
Tax 7.334.123.342.554.3811.358.305.6300
Profit After Tax 14.057.847.229.677.4723.4816.4510.230.4415.47
PAT Margin (%) 14.0%8.7%8.3%12.1%9.5%20.3%14.6%9.3%1.8%11.0%
Adjusted EPS (₹)15.38.67.910.68.225.617.911.20.6198.6
Dividend Payout Ratio (%)0%0%32%24%0%20%7%11%412%1%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17

Equity and Liabilities

Shareholders Fund 61.0168.8573.3880.3887.86106.01121.12129.57-7.47151.53
Share Capital 4.594.594.594.594.594.594.594.599.8810.33
Reserves 56.4264.2668.8075.8083.27101.43116.53124.99-17.35141.20
Minority Interest0000000000
Debt11.444.40000024.1923.8147.5720.78
Long Term Debt11.444.4000000047.5720.46
Short Term Debt00000024.1923.8100.32
Trade Payables5.409.166.011.846.0612.1612.6810.074.4812.90
Others Liabilities 25.7951.1856.1755.0656.5869.5262.9123.7725.4254.09
Total Liabilities 103.65133.60135.56137.28150.51187.70220.89187.2270239.29

Fixed Assets

Gross Block138.33157.15151.55145.35142.75143.37153.58195.4871.23273.50
Accumulated Depreciation63.9772.9874.6078.2383.2277.4581.7983.8013.90109.16
Net Fixed Assets74.3684.1776.9567.1259.5365.9271.79111.6857.33164.34
CWIP 3.571.130.931.371.782.0159.5320.750.9611.36
Investments 1.580.567.0321.8223.9226.337.1810.960.020.26
Inventories5.364.614.474.234.412.962.792.561.674.31
Trade Receivables9.939.608.261.379.0314.3410.5910.510.628.54
Cash Equivalents 4.892.142.560.743.072.801.902.380.081.86
Others Assets3.9631.3935.3740.6348.7673.3567.1128.389.3348.62
Total Assets 103.65133.60135.56137.28150.51187.70220.89187.2270239.29

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17
Cash Flow From Operating Activity 22.9115.3017.7810.805.6831.1216.2520.02-0.7437.91
PBT 21.3911.9610.5612.2311.8534.8324.7515.860.4415.47
Adjustment 7.3610.517.774.226.103.252.628.26-2.6919.23
Changes in Working Capital 0.23-2.82.71-1.06-8.146.761.150.011.511.79
Tax Paid -6.06-4.38-3.25-4.58-4.13-13.73-12.26-4.1101.41
Cash Flow From Investing Activity -12.24-11.60-12.22-3.543.04-23.70-61.26-12.99-0.94-8.72
Capex -11.74-12.79-8.130.091.67-15.90-62.07-13.42-1.09-7.77
Net Investments -1.051.09-4.3701.670000.02-0.18
Others 0.550.100.29-3.63-0.31-7.800.810.430.14-0.77
Cash Flow From Financing Activity -8.82-7.96-4.815.33-2.67-5.3324.13-1.970.14-30.22
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -1.42-0.92-0.37-0.0200-0.06-0.25-2.93-1.69
Dividend Paid 0.050-0.03-2.67-2.67-5.330-1.340-1.38
Others -7.45-7.04-4.408.020024.19-0.383.07-27.15
Net Cash Flow 1.86-4.260.7612.606.042.08-20.875.06-1.54-1.04
PARTICULARSMar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17
Ratios
ROE (%)26.0312.0710.1512.588.8824.2214.488.16N/A23.47
ROCE (%)32.8717.6414.8516.214.2935.9320.3611.1N/A15.06
Asset Turnover Ratio1.160.840.70.640.60.770.620.60.221.01
PAT to CFO Conversion(x)1.631.952.461.120.761.330.991.96-1.682.45
Working Capital Days
Receivable Days33363520223336317311
Inventory Days16181818181088287
Payable Days184241236119143560779734884461

Chemfab Alkalis Ltd. - (Amalgamated) Stock News

Chemfab Alkalis Ltd. - (Amalgamated) FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Chemf Alkalies 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 Chemf Alkalies stood at ₹239.8.
The latest P/E ratio of Chemf Alkalies as of 01-Jan-1970 05:30 is 16.62.
The latest P/B ratio of Chemf Alkalies as of 01-Jan-1970 05:30 is 1.64.
The 52-week high of Chemf Alkalies is ₹278.1 and the 52-week low is ₹260.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Chemf Alkalies is ₹166.8 ( Cr.) .

About Chemfab Alkalis Ltd. - (Amalgamated)

Established in June 1983 Chemfab Alkalis (CAL) is promoted by Titanium Equipment and Anode Manufacturing Company. The Chairman of the company,Dr C H Krishnamurthi Rao, is a self-made entrepreneur.

It is the first company in India to introduce the Membrane Cell Technology in 1985. CAL set up the First Membranecell Caustic Soda Plant in the Union Territory of Pondicherry. Besides, it is also the first in the company in the country to introduce Pollution-free Membrane Cell Technology which became the trendsetter in the Chlor-Alkali Industry.

CAL started with 25 TPD capacity in 1985, expanded its capacity in two phases in 1988 and 1996 and today the present installed capacity is 106 tonnes Caustic Soda production per day. The investment for the project is in the order of about Rs 70 crore.

The company's success story in technological dynamism and commercial affordability made the Government of India to take a policy decision that only Membrane Cell Technology will be adopted in the country after the success of Chemfab Alkalis.

It made outstanding contribution in the field of Environmental protection and energy Conservation and the company has to its credit awards given by distinguished institutions, Government of India and others for its contribution in the field of environmental protection, energy conservation.

CAL, is also the first in the country to manufacture Barium Sulphate from solid waste and they hold a patent for manufacture of the same.

The company also created corporate history by bringing out the Audited Results of 31st March every year on 1st April. The financial performance of the Company from 1985 to 1997 was excellent.

CAL obtained OHSAS 18001 Certification from British Standards Institution, UK in 2002 for Occupational Health and Safety Assessment System.

Its plant is located on the ECR about 500m from seashore at Kalapet in Pondicherry. Since the location of CAL is 500m from seashore, it offers great potential for desalination.

Products:

Chemfab Alkalis manufacture the following products:

  • Caustic Soda Lye in two grades (33% and 48%),
  • Liquid Chlorine,
  • Hydrogen Gas filled in specially designed manifold trucks,
  • Hydrochloric Acid ,
  • Sodium Hypochlorite or Bleach Liquor,
  • Barium Sulphate

Achievements/ Recognitions:

1988 - Prestigious Federation of Indian Chambers of Commerce and Industry (FICCI)

            for outstanding achievement in Environmental Protection and Pollution Control. 

1989 - Patented process for recovery of Barium Sulphate from solid waste.

1990 - Excellence in Plant operation Award by M/s Du Pont, USA

1992 - ICMA Award for Environment Control strategies and safety in Chemical Plant. 

1994 - National Energy Conservation Award by Ministry of Power Special Award 

1995 - National Energy Conservation Award by Ministry of Power Special Award 

1996 - National Energy Conservation Award by Ministry of Power Special Award 

1997 - National Energy Conservation Award by Ministry of Power Special Award 

1998 - Certified to ISO 14001 by LRQA for Environmental Management Systems 

2002 - Certified to OHSAS 18001 by BSI for Occupational Health and Safety

             Management System. 

2002 - Greenest Caustic-Chlorine Company as rated by Centre for Science and

             Environment. 

2003 - ICMA award for Water Resource Management in Chemical Industry for the year 2002-03. 

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