Heubach Colorants India Ltd Stock Analysis

BSE: 506390 | NSE: HEUBACHIND | Chemicals | Small Cap

BSE Share Price 29-Sep-2023 11:57
461.70 -0.10 (-0.02%)

DeciZen - Make an Informed Decision on Heubach Colorants(I)

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

Heubach Colorants(I) Price Chart

P/E Ratio (SA):
44.01
Market Cap:
1,065.9 Cr.
52-wk low:
258
52-wk high:
538.8
Bole Toh?

1. Is Heubach Colorants India Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Heubach Colorants India Ltd is a below average quality company.

2. Is Heubach Colorants India Ltd undervalued or overvalued?

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

3. Is Heubach Colorants India Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Heubach Colorants India Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Heubach Colorants(I):

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.
Heubach Colorants India 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

Dec'13Dec'14Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 16.2%11.6%5.1%3.6%1.5%2.6%7.9%8.5%9.3%4.9%-
Value Creation Index 0.2-0.2-0.6-0.7-0.9-0.8-0.4-0.4-0.3-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,2481,0469129811,0141,0291,093731840766756
YoY Gr. Rt. %--16.2%-12.8%7.6%3.3%1.5%6.3%-33.2%14.9%-8.7%-
Adj EPS 32.242.918.310.43.96.920.418.816.5910.5
YoY Gr. Rt. %-33.3%-57.3%-43.4%-62.3%75.5%197.4%-8.1%-12.3%-45.5%-
BVPS (₹) 215.4523.6232291.5270.6267.1282.2176.4179.3187.3194.3
Adj Net Profit 85.811442.223.9915.847.143.33820.724
Cash Flow from Ops. -31.8-59.7-11981.6-1.129.410156.713.136.3-
Debt/CF from Ops. 0-0.200000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -5.3%-5.4%-11.2%-8.7%
Adj EPS -13.2%18%-24%-45.5%
BVPS-1.5%-7.1%-12.8%4.5%
Share Price -0.6% 2.1% 11.3% 11.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Dec'13Dec'14Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on Equity % 15.911.65.13.61.42.67.48.29.34.95.5
Op. Profit Mgn % 9.82.55.96.84.64.88.811.87.389.2
Net Profit Mgn % 6.910.94.62.40.91.54.35.94.52.73.2
Debt to Equity 0000000000-
Working Cap Days 1131431311491641791862621972200
Cash Conv. Cycle 284743444918175253660

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 5.50%

Sales growth has been subdued in last 3 years -11.17%

Net Profit has been subdued in last 3 years -23.99%

Sales growth is not so good in last 4 quarters at -10.58%

Latest Financials - Heubach Colorants India Ltd.

Standalone Consolidated
TTM EPS (₹) 10.5 131.9
TTM Sales (₹ Cr.) 756 962
BVPS (₹.) 194.3 0
Reserves (₹ Cr.) 425 459
P/BV 2.38 0.00
PE 44.01 3.50
From the Market
52 Week Low / High (₹) 258.00 / 538.80
All Time Low / High (₹) 35.90 / 1185.00
Market Cap (₹ Cr.) 1,066
Equity (₹ Cr.) 23.1
Face Value (₹) 10
Industry PE 38

Management X-Ray of Heubach Colorants(I) :

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 Heubach Colorants(I)

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

News

Heubach Colorants India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Heubach Colorants(I) on 29-Sep-2023 11:57 is : 461.7.
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 29-Sep-2023 11:57 the market cap of Heubach Colorants(I) stood at ₹ 1,065.9.
The latest PE ratio of Heubach Colorants(I) as of 29-Sep-2023 11:57 is 44.01.
The latest PB ratio of Heubach Colorants(I) as of 29-Sep-2023 11:57 is 2.38
The 52-week high of Heubach Colorants(I) is ₹ 538.8 and the 52-week low is ₹ 258.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Heubach Colorants(I) is ₹ 755.7 ( Cr.) .

About Heubach Colorants India Ltd

Clariant Chemicals (India) is one of India's leading specialty chemicals companies and is the No. 1 player in pigments, textile chemicals and leather chemicals. The company combines leading edge technology and innovations with superior applications and customer service skills. Clariant is committed to sustainable growth in India. Their 1,200 employees generate sales of Rs 950 crore through four business divisions - Textile, Leather and Paper Chemicals, Pigments and Additives, Functional Chemicals and Masterbatches.

Their innovative products play a key role in their customers' manufacturing and treatment processes and add value to their end products. Their success is based on the knowhow of their people and their ability to identify new customer needs at an early stage and to work together with customers to develop innovative, efficient solutions. Clariant's presence in India through its affiliates goes back to more than five decades. Its journey began in 1947 with the founding of Sandoz Products . The acquisition of the Hoechst specialty chemicals business in 1997 brought Colour-Chem and its subsidiaries Vanavil Dyes and Chemicals and Kundalika Investments into its fold. Thereafter, the acquisition of BTP plc in 2000 led to the integration of a fourth company BTP India into the group's operations in India. In 2006, four of the affiliates were integrated into Colour-Chem and the company was subsequently renamed Clariant Chemicals (India).

Clariant Chemicals (India) represents a valuable repository of manufacturing and marketing experience. Its constituents were all well respected companies who played an invaluable role in the development of the textiles, leather, paints, plastics, printing inks and agrochemicals industries in India.

Divisions:

Textile, Leather and Paper Chemicals-

The division is one of India's leading suppliers of specialty chemicals and dyes for the textile, leather and paper industries. The textile business provides complete solutions from fiber to fabric, through a wide range of chemicals for pre-treatment, dyeing and finishing and also dyes for various substrates and applications. With a state-of-the-art Technical Service center in Thane and four regional laboratories in Surat, Panipat, Tirupur and Bangalore, it ensures quality and speedy service that meets the specific requirements of its customers.

Pigments and Additives-

Clariant Chemicals (India) is India's leading manufacturer and supplier of pigments and their preparations. The company pioneered the manufacture of pigments in India. The division develops and produces pigments for paints, plastics, inks, cosmetics, detergents and special applications like viscose, latex etc. The product range includes high-performance pigments to meet the exacting demands of the automotive, coil coating industries. Printing pigments are supplied to the printing ink industry and, increasingly, for non impact printing, ink jet and laser printing.

Functional Chemicals-

The Functional Chemicals Division is the newest division in Clariant Chemicals (India) . Currently, its activity consists mainly of supplying products from Clariant associate companies - both through indents and through stock and sale - for the Indian Detergents, Crop Protection, Personal Care, Performance Chemicals and Metalworking and Oilfields markets.

Masterbatches-

Clariant Chemicals (India) (then Sandoz) started its Masterbatches business in the nineties with Masterbatches for Plastics and Fibres. As Sandoz, it was the first company in India to bring the concept of Masterbatches to India. The division supplies coloured concentrates, additives and special mixtures of these components.

Milestones:

  • 1947 -Sandoz Products begain operations in India.
  • 1961 -The company's name was changed to Sandoz (India)
  • 1962 -Manufacture of dyes and chemicals commenced at Kolshet
  • 1996 -The company's name was changed to Clariant (India)
  • 1999 -Company achieved Trading House status 
  • 2001 -Manufacture of Masterbatches commenced at Kolshet

Awards
2010
-Clariant Chemicals (India) Limited’s Roha site won the ‘Vasundhara Award - 2009
-Clariant Chemicals (India) Limited’s Industrial & Consumer Specialties Business was awarded with the Frost & Sullivan 2010 India Excellence Award.
2011
-Clariant Chemicals (India) Limited has been honored by the Dyestuffs Manufacturers Association of India (DMAI) with two Awards: One for‘Excellent Performance in the field of Pollution Control by a large Scale Unit for the year 2010-2011 and the other for Excellent Performance in the field of Safety & Hazards Control by a Large Scale Unit for the year 2010-11.
2012
-Clariant Chemicals (India) Limited wins National Safety Council Award in Maharashtra.

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