Deepak Chemtex Ltd - Stock Valuation and Financial Performance

BSE: 544036 | NSE: | Chemicals | Small Cap

Deepak Chemtex Share Price

78.50 0.00 0.00%
as on 10-Apr'24 16:01

DeciZen - make an informed investing decision on Deepak Chemtex

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Deepak Chemtex stock performance -

mw4me loader
P/E Ratio (SA):
14.14
Market Cap:
86.9 Cr.
52-wk low:
65
52-wk high:
159.6

Is Deepak Chemtex Ltd an attractive stock to invest in?

1. Is Deepak Chemtex Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Deepak Chemtex Ltd is a average quality company.

2. Is Deepak Chemtex Ltd undervalued or overvalued?

The key valuation ratios of Deepak Chemtex Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Deepak Chemtex Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Deepak Chemtex 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 Deepak Chemtex:

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.
Deepak Chemtex Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'21Mar'22Mar'23TTM
ROCE % 39.3%45.9%41.3%-
Value Creation
Index
1.82.32.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 29.654.146.747
Sales YoY Gr.-83.1%-13.7%-
Adj EPS 3.25.27.45.7
YoY Gr.-60.5%41.5%-
BVPS (₹) 6.51219.742.6
Adj Net
Profit
2.64.25.96
Cash Flow from Ops. 0.81.22.5-
Debt/CF from Ops. 2.11.80.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANA-13.7%
Adj EPS NANANA41.5%
BVPSNANANA64.2%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'21Mar'22Mar'23TTM
Return on
Equity %
50.156.446.518.2
Op. Profit
Mgn %
14.11116.7NAN
Net Profit
Mgn %
8.87.712.613.2
Debt to
Equity
0.30.20.1-
Working Cap
Days
0741290
Cash Conv.
Cycle
034660

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 18.20%

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Deepak Chemtex Ltd.

Standalone Consolidated
TTM EPS (₹) 5.7 5.8
TTM Sales (₹ Cr.) 46.7 46.7
BVPS (₹.) 42.6 42.6
Reserves (₹ Cr.) 35 35
P/BV 1.88 1.88
PE 14.14 13.77
From the Market
52 Week Low / High (₹) 65.00 / 159.60
All Time Low / High (₹) 65.00 / 159.60
Market Cap (₹ Cr.) 86.9
Equity (₹ Cr.) 10.9
Face Value (₹) 10
Industry PE 49.3

Management X-Ray of Deepak Chemtex:

Shareholding Pattern

No Data To Display

Promoter's Holding & Share Pledging

Event Update

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Analyst's Notes

Key Ratios of Deepak Chemtex

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23
Sales29.5654.1146.70
Operating Expenses 25.4048.1338.90
Manufacturing Costs3.065.394.17
Material Costs18.2737.3229
Employee Cost 1.361.682.26
Other Costs 2.703.753.47
Operating Profit 4.165.987.80
Operating Profit Margin (%) 14.1%11.0%16.7%
Other Income 0.170.331.13
Interest 0.100.100.08
Depreciation 0.570.540.66
Exceptional Items 000
Profit Before Tax 3.665.678.20
Tax 1.031.442.05
Profit After Tax 2.634.226.15
PAT Margin (%) 8.9%7.8%13.2%
Adjusted EPS (₹)3.35.37.7
Dividend Payout Ratio (%)0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 5.179.5715.72
Share Capital 0.500.500.50
Reserves 4.679.0715.22
Minority Interest000
Debt1.521.981.35
Long Term Debt0.310.490.04
Short Term Debt1.211.491.31
Trade Payables3.243.814.26
Others Liabilities 1.141.842.36
Total Liabilities 11.0717.2023.69

Fixed Assets

Gross Block5.926.948.01
Accumulated Depreciation3.283.824.48
Net Fixed Assets2.653.123.53
CWIP 000
Investments 00.090.09
Inventories2.182.154.29
Trade Receivables5.188.4411.14
Cash Equivalents 0.170.160.99
Others Assets0.893.233.65
Total Assets 11.0717.2023.69

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23
Cash Flow From Operating Activity 0.771.152.46
PBT 3.665.678.20
Adjustment 0.450.640.67
Changes in Working Capital -2.2-3.67-4.24
Tax Paid -1.15-1.48-2.17
Cash Flow From Investing Activity -0.71-1.30-1.73
Capex -0.65-1.02-1.07
Net Investments 0-0.090
Others -0.06-0.19-0.66
Cash Flow From Financing Activity 00.14-0.76
Net Proceeds from Shares 000
Net Proceeds from Borrowing -0.32-0.03-0.45
Interest Paid -0.08-0.09-0.07
Dividend Paid 000
Others 0.400.27-0.24
Net Cash Flow 0.050-0.03
PARTICULARSMar'21Mar'22Mar'23
Ratios
ROE (%)51.0157.3348.62
ROCE (%)55.7262.6957.64
Asset Turnover Ratio2.673.832.28
PAT to CFO Conversion(x)0.290.270.4
Working Capital Days
Receivable Days644677
Inventory Days271525
Payable Days653451

Deepak Chemtex Ltd Stock News

Deepak Chemtex Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Deepak Chemtex on 10-Apr-2024 16:01 is ₹78.50.
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 10-Apr-2024 16:01 the market cap of Deepak Chemtex stood at ₹86.91.
The latest P/E ratio of Deepak Chemtex as of 10-Apr-2024 16:01 is 14.14.
The latest P/B ratio of Deepak Chemtex as of 10-Apr-2024 16:01 is 1.88.
The 52-week high of Deepak Chemtex is ₹159.6 and the 52-week low is ₹65.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Deepak Chemtex is ₹46.70 ( Cr.) .

About Deepak Chemtex Ltd

Deepak Chemtex was originally incorporated as a private limited Company under the name of ‘Deepak Chemtex Private Limited’ on June 10, 1997 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Maharashtra, Mumbai. Thereafter, the company has shifted its registered office from Mumbai to Pune effective from May 01, 2022. The company was converted from private limited to public limited and the name of the company was changed from ‘Deepak Chemtex Private Limited’ to ‘Deepak Chemtex Limited’ vide fresh certificate of incorporation dated September 04, 2023, issued by the Registrar of Companies, Pune, Maharashtra.

The company is primarily engaged in the business of manufacturing of colorants finding its application in Food, Drug, Cosmetics, Cleaning compounds, Agriculture and other industries. Colorants are formulations of chemical intermediates, pigments or dyes and additives used to add colour to various consumables. It commenced its business in 1997 and has over the years evolved into manufacturing of a complete range of FD&C (Food, Drug and Cosmetic) colours used in the confectionary, bakery, desserts, beverages, dairy products, seasonings, pet foods, pharmaceutical products, cosmetics & personal care products. it also manufacture salt free dyes used in inkjet industry, pond dyes used in in ponds, lakes, swimming pools etc and other colorants used in car wash products, portable sanitation cleaners, detergent & soap, fuel, oil & lubricants, smoke, seed treatment, crop protection, fertilizer indicators, floral dyes etc.

Its manufacturing facility is situated at Ratnagiri District in Maharashtra and is equipped with glass lined reactors, boilers and stainless steel equipments and gets audited on a regular basis by its clients. It uses various production processes like: Sulphonation, Condensation, Bromination, Oxidation, Reduction, High pressure reactions, Purification etc which enables it to cater to niche and advanced requirements of a wider range of end-products and applications. It manufactures colorants from unwanted salts and isomers. The quality framework at its organization comprises of quality checks focused on shade testing, heavy metals detection, microbiological contamination tests and particle size analysis done by its in-house team. 

Its manufacturing facility is accredited with ISO 9001:2015 for quality management system for the manufacture and supply of chemical intermediates & dyes stuff. To ensure quality standards its manufacturing unit has also received HALAL certificate which guarantee that the food is prepared in accordance with Islamic law and is unadulterated and KOSHER certificate that a particular food item or product has been prepared in accordance with the Dietary Laws of Judaism.

Business area of the company

The company is primarily engaged in the business of manufacturing of colorants finding its application in Food, Drug, Cosmetics, Cleaning compounds, Agriculture and other industries.

Products of the company

  • Lake colours
  • Pond Dyes
  • Car wash
  • Portable sanitation cleaners
  • Detergent and soap
  • Fuel, oil and lubricants
  • Ink and toner
  • Smoke
  • Floral dyes

History and milestones

  • 1997: Incorporation of the company as ‘Deepak Chemtex Private Limited’ under the Companies Act, 1956.
  • 1998: Land Acquired in Village Awashi, Taluka Khed, District Ratnagiri, Maharashtra for Factory.
  • 2000: Received Import Export code.
  • 2019: Received ISO 9001:2015.
  • 2020-21: Crossed turnover of Rs 25 crore.
  • 2021: Incorporated a subsidiary named as DCPL Speciality Chemicals Private Limited.
  • 2021-22: Crossed revenue of Rs 50 crore.
  • 2022: Registered office of company shifted from Mumbai to Ratnagiri at Factory’s address.
  • 2023: Incorporated a Wholly Owned subsidiary company at New Jersey, USA named as ‘South West Chemicals Corporation’ situated at 1 Auer CT, 2nd Floor, East Brunswick NJ 08816 with Entity ID: 0450954889.
  • 2023: Conversion of the company from Private Limited to Public Limited company.
  • 2023: Received HALAL - certificate of Compliance in accordance with GACB Board guidelines for ‘manufacturing and exports of dyes and Chemicals’.
  • 2023: Received KOSHER - certificate of Compliance for ‘manufacturing and exports of dyes and Chemicals’.


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