Dai-Ichi Karkaria Ltd Stock Analysis

BSE: 526821 | NSE: DAICHIKARK | Chemicals | Small Cap

BSE Share Price 24-Mar-2023 18:03
358.30 -13.20 (-3.55%)

DeciZen - Make an Informed Decision on Dai-Ichi Karkaria

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation

Overvalued

3. Price Trend

Dai-Ichi Karkaria Price Chart

P/E Ratio ( SA) :
15.59
Market Cap :
267 Cr.
52-wk low :
255
52-wk high :
448
Bole Toh?

1. Is Dai-Ichi Karkaria Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Dai-Ichi Karkaria Ltd is a below average quality company.

2. Is Dai-Ichi Karkaria Ltd undervalued or overvalued?

The key valuation ratios of Dai-Ichi Karkaria Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Dai-Ichi Karkaria Ltd a good buy now?

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

10 Year X-Ray of Dai-Ichi Karkaria:

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.
Dai-Ichi Karkaria Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 5.5%10.8%8.9%15.4%11.4%6.5%-3%-7.1%-0.8%-11.9%-
Value Creation Index -0.6-0.2-0.40.1-0.2-0.5-1.2-1.5-1.1-1.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 80.810810211612614792.410797.4122173
YoY Gr. Rt. %-33.4%-5.1%13.8%8.3%16.6%-37.1%16.1%-9.1%25.1%-
Adj EPS 4.710.29.819.518.115-15.7-30.2-10.7-2723
YoY Gr. Rt. %-119.6%-3.6%97.9%-6.9%-17.3%-204.5%NANANA-
BVPS (₹) 85.599.3116.1133.4173.9186.4166132.4199.4173.8199
Adj Net Profit 3.57.67.314.513.511.2-11.7-22.5-8-20.117
Cash Flow from Ops. -2.11.61.56.72.6-7.76.21-21.5-3.1-
Debt/CF from Ops. -0.60.70.70.21.5-9.916.7112.8-0.9-7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.7%-0.7%9.7%25.1%
Adj EPS -221.6%-208.3%NANA
BVPS 8.201.5-12.9
Share Price 24.7% -1.9% 28.5% -1.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 5.210.58.81511.68.3-8.9-20.3-6.5-14.512.3
Op. Profit Mgn % 2.978.212.813.910.4-10.6-4.3-13.9-15.13.5
Net Profit Mgn % 4.37.17.212.510.77.6-12.6-21-8.2-16.59.9
Debt to Equity 000000.60.81.10.10.2-
Working Cap Days 1311121601851712264553694422880
Cash Conv. Cycle 565765515056854757390

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 12.30%

Sales growth is good in last 4 quarters at 45.30%

Sales growth has been subdued in last 3 years 9.68%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Dai-Ichi Karkaria Ltd.

Standalone Consolidated
TTM EPS (₹) 23 24.4
TTM Sales (₹ Cr.) 173 173
BVPS (₹.) 199 227
Reserves (₹ Cr.) 141 162
P/BV 1.80 1.58
PE 15.59 14.70
From the Market
52 Week Low / High (₹) 255.00 / 448.00
All Time Low / High (₹) 5.50 / 625.00
Market Cap (₹ Cr.) 267
Equity (₹ Cr.) 7.5
Face Value (₹) 10
Industry PE 30.2

Management X-Ray of Dai-Ichi Karkaria :

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 Dai-Ichi Karkaria

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Dai-Ichi Karkaria Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Dai-Ichi Karkaria on 24-Mar-2023 18:03 is : 358.3.
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 24-Mar-2023 18:03 the market cap of Dai-Ichi Karkaria stood at ₹ 267.0.
The latest PE ratio of Dai-Ichi Karkaria as of 24-Mar-2023 18:03 is 15.59.
The latest PB ratio of Dai-Ichi Karkaria as of 24-Mar-2023 18:03 is 1.80
The 52-week high of Dai-Ichi Karkaria is ₹ 448.0 and the 52-week low is ₹ 255.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Dai-Ichi Karkaria is ₹ 172.8 ( Cr.) .

About Dai-Ichi Karkaria Ltd

Dai-Ichi Karkaria Ltd. (DIKL) was set up in 1960 as a private limited company for the manufacture of speciality chemicals and commenced its commercial production in 1963, in technical collaboration with the world renowned Dai-Ichi Kogyo Seiyaku Co. Ltd., Japan.

The company has access to relevant and innovative technology, together with 42 years of experience in the development and manufacture of high performance specialty chemicals for different applications.

The company has built a reputation on innovation & quality. Consistent quality standards are maintained and upgraded continuously in line with customer expectations. Continuing the tradition established by its Chairman Dhunjishaw Neterwala, the company promotes and supports the highest standards of integrity and social responsibility to their employees and the environment.Dai-Ichi's integrated Research & Development and marketing teams work across multiple industrial applications, bringing the strength of the company's technical resources, to deliver performance solutions to its clients.

The company's experience backed by a wide knowledge of chemistry and various applications, allows it to resolve various process problems through innovative solutions. Dai-Ichi's reputation, built on batch-to-batch consistencies in quality, is maintained through standards that are never lowered. A strong alliance with the world-renowned Dai-Ichi Kogyo Seiyaku Co. Ltd., Japan has equipped the company with complementary skills in technology & product development, giving it a competitive edge over the others.

Dai-Ichi is committed to contribute to the specialty chemicals industry as a long-term player and pioneer of value-added technologies in the country.

The company has partnerships &  alliances with :

  • Dai-Ichi Kogyo Seiyaku Co. Ltd., Japan
  • Matsumoto Yushi Seiyaku Co. Ltd., Japan
  • Baker Petrolite, USA
  • Inogent Laboratories Pvt. Ltd., India (The GVK Group)

Product range of the company includes:

  • Leather Chemicals
  • Oilfield Chemicals
  • Non-ionic, Anionic, Cationic polyelectrolytes for use as Flocculants and in agricultural applications.
  • Spin Finishes, Additives for the Rayon industry
  • Selected Polymers for the Oil industry like Pour Point Depressants.
  • Flocculants and Chelating agents used in water treatment and related industries.
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