Is Cochin Minerals & Rutile a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Cochin Minerals & Rutile Ltd is a average quality company .

Is Cochin Minerals & Rutile undervalued or overvalued?

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

What is Cochin Minerals & Rutile share price return in the past 10 years?

Cochin Minerals & Rutile Ltd share price has appreciated 10.7% annually (CAGR) over the past ten years.

Is Cochin Minerals & Rutile a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Cochin Minerals & Rutile Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of Cochin Minerals & Rutile?

The latest standalone P/E ratio of Cochin Minerals & Rutile as of 04-Oct-2024 is 19.85.

What is the P/B ratio of Cochin Minerals & Rutile?

The latest standalone P/B ratio of Cochin Minerals & Rutile as of 04-Oct-2024 is 1.58.

Cochin Minerals & Rutile Ltd - Stock Valuation and Financial Performance

Name: Cochin Minerals & Rutile
Brand: Cochin Minerals & Rutile

BSE: 513353 | NSE: | Chemicals | Small Cap

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Cochin Minerals&Ruti Share Price

₹311 -1.20 -0.38%
as on 04-Oct'24 16:01

10 Year X-Ray of Cochin Minerals&Ruti:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	-16.1%	-11.4%	-0.7%	8.5%	15.7%	24.3%	22.7%	9.1%	62%	26.6%	-
Value Creation Index ⓘ	-2.2	-1.8	-1.1	-0.4	0.1	0.7	0.6	-0.4	3.4	0.9	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	116	158	149	164	223	263	239	290	444	300	322
Sales YoY Gr.	-	36.5%	-5.8%	10.1%	36.3%	17.8%	-9.2%	21.2%	53.2%	-32.3%	-
Adj EPS ⓘ	-27.7	-16.8	-7.5	1.4	5.5	7.3	10.6	8.8	75.9	11.3	15.7
YoY Gr.	-	NA	NA	NA	292.9%	33.5%	44%	-16.4%	758.4%	-85.1%	-
BVPS (₹) ⓘ	110.2	92.3	85.7	86.6	93.6	98.7	109	116.9	186.9	189.6	197.2
Adj Net Profit ⓘ	-21.7	-13.1	-5.8	1.1	4.3	5.8	8.3	6.9	59.4	8.9	12
Cash Flow from Ops. ⓘ	-3.4	5.8	12.6	8.7	12.6	36.1	-9.1	7.9	-3.8	6.1	-
Debt/CF from Ops. ⓘ	-15	8.9	3.7	4.4	3	0	-1	0	-1.3	0.9	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	11.2%	6.1%	7.9%	-32.3%
Adj EPS ⓘ	NA	15.5%	2.3%	-85.1%
BVPSⓘ	6.2%	15.2%	20.3%	1.5%
Share Price	10.7%	13.7%	33.7%	25.3%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	-22.1	-16.6	-8.4	1.6	6.1	7.6	10.2	7.8	50	6	8.1
Op. Profit Mgn % ⓘ	-18.5	-7.5	-0.2	5.5	7	8.4	8.6	3.5	17.3	13	13.6
Net Profit Mgn % ⓘ	-18.7	-8.3	-3.9	0.7	1.9	2.2	3.5	2.4	13.4	3	3.8
Debt to Equity ⓘ	0.6	0.7	0.7	0.6	0.5	0	0.1	0	0	0	-
Working Cap Days ⓘ	362	237	198	183	158	136	137	122	92	182	148
Cash Conv. Cycle ⓘ	251	140	108	103	71	20	22	21	9	72	75

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 8.10%

Sales growth has been subdued in last 3 years 7.90%

Net Profit has been subdued in last 3 years 2.31%

Sales growth is not so good in last 4 quarters at -15.55%

Latest Financials - Cochin Minerals & Rutile Ltd.

	Standalone	Consolidated
TTM EPS (₹)	15.7	-
TTM Sales (₹ Cr.)	322	-
BVPS (₹.) ⓘ	197.2	-
Reserves (₹ Cr.) ⓘ	147	-
P/BV ⓘ	1.58	-
PE ⓘ	19.85	-

From the Market
52 Week Low / High (₹)	239.00 / 361.30
All Time Low / High (₹)	2.00 / 405.00
Market Cap (₹ Cr.)	244
Equity (₹ Cr.)	7.8
Face Value (₹)	10
Industry PE ⓘ	59.6

Management X-Ray of Cochin Minerals&Ruti:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Cochin Minerals&Ruti

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Cochin Minerals&Ruti

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	116	158	149	164	223	263	239	290	444	300
Operating Expenses ⓘ	137	171	149	155	208	241	219	281	372	262
Manufacturing Costs	42	53	25	28	31	32	32	41	47	43
Material Costs	70	89	74	66	116	140	114	162	219	127
Employee Cost	15	16	19	20	19	23	21	22	31	28
Other Costs ⓘ	11	13	31	40	42	45	52	55	75	64
Operating Profit ⓘ	-21	-13	0	9	16	22	20	9	72	39
Operating Profit Margin (%)	-18.5%	-8.4%	-0.3%	5.5%	7.0%	8.4%	8.5%	3.1%	16.3%	12.9%
Other Income ⓘ	0	0	1	1	2	1	0	0	4	3
Interest ⓘ	8	6	7	7	6	3	2	1	2	2
Depreciation ⓘ	4	2	1	1	1	1	1	1	1	1
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	-33	-21	-8	2	11	20	18	8	73	39
Tax ⓘ	-11	-7	-2	1	6	14	10	1	17	30
Profit After Tax	-22	-14	-6	1	5	6	8	6	56	9
PAT Margin (%)	-18.6%	-8.9%	-3.8%	0.8%	2.4%	2.3%	3.4%	2.1%	12.7%	2.9%
Adjusted EPS (₹)	-27.5	-17.9	-7.3	1.7	7.0	7.7	10.4	7.9	72.1	11.0
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	26%	0%	19%	11%	73%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	86	72	67	68	73	77	85	92	146	148
Share Capital ⓘ	8	8	8	8	8	8	8	8	8	8
Reserves ⓘ	78	64	59	60	65	69	78	84	138	141
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	45	46	41	33	33	0	7	0	5	6
Long Term Debt	21	15	10	5	0	0	0	0	3	3
Short Term Debt	25	31	30	28	33	0	7	0	2	2
Trade Payables	26	32	12	30	36	71	16	80	13	73
Others Liabilities ⓘ	-3	-10	-12	7	-3	-2	8	7	31	24
Total Liabilities ⓘ	154	140	108	138	139	146	116	178	194	251
Fixed Assets
Gross Block	69	70	72	70	70	74	75	75	76	76
Accumulated Depreciation	52	54	55	55	56	56	57	58	59	59
Net Fixed Assetsⓘ	17	16	17	14	14	18	18	17	17	17
CWIP ⓘ	10	10	10	9	9	5	5	5	5	5
Investmentsⓘ	14	14	14	14	14	14	14	14	14	15
Inventories	86	75	42	69	71	64	26	51	37	114
Trade Receivables	12	8	8	14	7	16	26	30	24	35
Cash Equivalents	4	4	2	1	8	7	1	25	50	23
Others Assetsⓘ	12	14	15	17	16	23	26	36	47	42
Total Assets ⓘ	154	140	108	138	139	146	116	178	194	251

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	-3	6	13	9	13	36	-9	8	-4	6
PBT ⓘ	-33	-21	-8	2	11	20	18	8	73	39
Adjustment ⓘ	12	8	7	6	5	2	2	1	0	0
Changes in Working Capital ⓘ	18	19	13	0	-1	29	-27	2	-65	2
Tax Paid ⓘ	0	0	0	0	-3	-15	-2	-3	-12	-35
Cash Flow From Investing Activity ⓘ	-4	-1	-1	4	-3	-1	-1	0	1	0
Capex	-4	-1	-3	2	0	-1	-1	0	0	-2
Net Investments	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0	0	2	2	-3	0	0	0	2	2
Cash Flow From Financing Activityⓘ	-19	-5	-12	-13	-5	-36	7	-9	2	-6
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-6	-5	-5	0	0	0	0	0	0	0
Interest Paid ⓘ	-8	-6	-6	-6	-5	-2	-1	0	-1	-1
Dividend Paid ⓘ	-1	0	0	0	0	-2	0	0	-1	-6
Others ⓘ	-5	6	0	-7	-1	-33	9	-9	5	1
Net Cash Flow ⓘ	-27	0	0	0	4	-1	-2	-1	0	0

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	-21.95	-17.71	-8.22	1.98	7.75	7.95	9.97	7.02	47.45	5.83
ROCE (%)	-16.08	-11.43	-0.71	8.51	15.72	24.3	22.69	9.08	61.97	26.62
Asset Turnover Ratio	0.67	1.08	1.2	1.33	1.61	1.85	1.83	1.97	2.38	1.35
PAT to CFO Conversion(x)	N/A	N/A	N/A	9	2.6	6	-1.13	1.33	-0.07	0.67
Working Capital Days
Receivable Days	46	24	20	25	17	16	32	35	22	36
Inventory Days	274	185	143	123	114	93	68	48	36	92
Payable Days	128	118	109	116	105	139	138	108	77	124

Cochin Minerals & Rutile Ltd Stock News

Cochin Minerals & Rutile Ltd FAQs

What is the share price of Cochin Minerals&Ruti?

Company share prices are keep on changing according to the market conditions. The closing price of Cochin Minerals&Ruti on 04-Oct-2024 16:01 is ₹311.0.

What is the market cap of Cochin Minerals&Ruti?

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 04-Oct-2024 16:01 the market cap of Cochin Minerals&Ruti stood at ₹243.7.

What is the P/E ratio of Cochin Minerals&Ruti?

The latest P/E ratio of Cochin Minerals&Ruti as of 04-Oct-2024 16:01 is 19.85.

What is the P/B ratio of Cochin Minerals&Ruti?

The latest P/B ratio of Cochin Minerals&Ruti as of 04-Oct-2024 16:01 is 1.58.

What is the 52-week high and low of Cochin Minerals&Ruti?

The 52-week high of Cochin Minerals&Ruti is ₹361.3 and the 52-week low is ₹239.0.

What is the TTM revenue of Cochin Minerals&Ruti?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Cochin Minerals&Ruti is ₹322.0 ( Cr.) .

About Cochin Minerals & Rutile Ltd

Cochin Minerals & Rutile (CMRL) manufactures the best quality Synthetic Rutile across the world. CMRL is India's largest manufacturer of Aqua Ferric Chloride, which conforms to all major international standards.

CMRL's plant is ideally located at Edayar Industrial Development area, hardly 15 kilometerâ€™s from Cochin Port and 100 kilometerâ€™s from the Ilmenite deposits.

The company started production with a modest capacity of 10,000 tonnes per annum (TPA) of Synthetic Rutile and 12,500 TPA of Ferric Chloride. Subsequent through innovations and debottle-necking, the company enhanced its production capacity of Synthetic Rutile to 36,000 TPA, Ferric Chloride to 15,000 TPA and Ferrous Chloride to 18,000 TPA.

Steady Research and Development efforts helped CMRL to retain its leadership in quality. It is the policy of the company to continuously improve the product quality to the total satisfaction of the customers by the contribution of skills, talents and innovation of its employees.

Objectives of CMRL:

To give prime importance to customer requirements and satisfaction
Focusing on result oriented work culture
Continuous improvement of product and process
Conformance to documented quality system
Employee Development

Products :

a) Beneficiated Ilmenite (Synthetic Rutile) -- Uses of this product are:

Flux component in Welding Electrodes
Feed stock for Titanium Sponge
Ingredients of Special Abrasives

b) Ferric Chloride -- Used in:

In Desalination plants
In water and sewage treatment
In etching Printed Circuit Boards
In the manufacture of several iron compounds
In the pharmaceutical preparations
In inks and pigments
In pickling of stainless steel and high nickel alloys
In textile mordanting
In the petrochemical Industry - ETP Treatment

c) Ferrous Chloride â€“ Some of the uses of Ferrous Chloride are:

For treatment of effluent from paper mill to reduce colour, COD, BOD and AOX
Cost effective solution for lignin separation from black liquor generated in paper mill.
It is the best reagent to reduce Hexavalent Chromium to Trivalent and make it insoluble in wate

Achievements:

The quality management system of CMRL is ISO 9001:2000 certified by Bureau Veritas and accredited by UKAS (UK), ANAB (USA) and NABCB (India).