India Gelatine & Chemicals Ltd Stock Analysis

BSE: 531253 | NSE: | Chemicals | Small Cap

BSE Share Price Jan 17, 13:43
149.00 2.25 (1.53%)

DeciZen - Make an Informed Decision on India Gelatine &Chem

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

1. Quality

2. Valuation

Overvalued
P/E P/S EV/EBITDA

3. Price Trend

Semi Strong

10 Year X-Ray:

Analysis of Financial Track Record

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'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 5.7%10.9%7.2%2.9%1.8%1.7%1.9%5.3%5.4%5.1%-
Value Creation Index -0.6-0.2-0.5-0.8-0.9-0.9-0.9-0.6-0.6-0.6-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 10311712111594.374.497.8112132144142
YoY Gr. Rt. %-13.4%3.3%-4.5%-18.4%-21.1%31.4%14.6%17.8%9.1%-
Adj EPS 5.812.18.53.52.32.32.97.57.87.67.1
YoY Gr. Rt. %-107%-29.2%-58.6%-36%-0.4%29.3%159.1%2.9%-2.5%-
BVPS (₹) 106.6115.2121.7126.1128.9132139.1144.2146.9155.2155.4
Adj Net Profit 5.511.383.32.12.12.15.45.55.45
Cash Flow from Ops. 9.45.4-0.8173.8-4.314.74.97.56.1-
Debt/CF from Ops. 00-00000000-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales 3.8%8.8%13.8%9.1%
Adj EPS 3%27.4%37.5%-2.5%
BVPS 4.33.83.75.7
Share Price 17.1% 16.3% 12.8% 55%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 5.610.97.22.91.81.71.95.35.354.6
Op. Profit Mgn % 10.416.312.64.94.70.82.556.263.5
Net Profit Mgn % 5.39.76.62.92.32.82.14.84.23.73.5
Debt to Equity 00000000000
Working Cap Days 180187208211240276169127116116193
Cash Conv. Cycle 67678394107140102817373158

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 13.75%

Net Profit is growing at healthy rate in last 3 years 37.53%

Return on Equity has declined versus last 3 years average to 4.60%

Sales growth is not so good in last 4 quarters at 4.33%

Latest Financials - India Gelatine & Chemicals Ltd.

Standalone Consolidated
TTM EPS (₹) 7.1 -
TTM Sales (₹ Cr.) 142 -
BVPS (₹.) 155.4 -
Reserves (₹ Cr.) 103 -
P/BV 0.94 -
PE 20.76 -
From the Market
52 Week Low / High (₹) 84.00 / 184.40
All Time Low / High (₹) 7.65 / 184.40
Market Cap (₹ Cr.) 104
Equity (₹ Cr.) 7.1
Face Value (₹) 10
Industry PE 45.3

Management X-Ray:

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

Analyst's Notes

News

About India Gelatine & Chemicals Ltd

India Gelatine & Chemicals Ltd. (IGC) was incorporated in 1973 and started its production in 1975 with the technical collaboration & know-how from Konica Gelatine Corporation, Japan. The Financial collaboration came from Nichimen Corporation, Japan. The company is engaged in the manufacturing of chemical products.

In the year 1975, the company started its production of Ossein, the raw material for Gelatine, which was exported to Japan. Within two decades, the company expanded & installed modern equipment imported from countries like Japan, Holland, USA, UK & Germany. From the year 1997, the company commenced the manufacture of Gelatine with the continued support of M/s. Konica Gelatine Corporation, Japan. IGCL is listed on both the Bombay Stock Exchange & Ahmedabad Stock Exchange. Befitting true market leader, IGCL recognises the importance of research. The company's future plans are based on the findings of research & development activities.

The pilot plan setup to augment the research & development activities of IGCL continuously tests & develops its upgradation of processes & products. Gelatine, known for centuries for its high nutritional value is a highly versatile product. Compared to all the usual hydrocolloids, Gelatine offers a unique combination of neutral taste, easy digestibility, brilliant clarity & reversible setting capacity.

Gelatine is accepted as a foodstuff & not just as a food additive, this biological product consists almost all 18 amino acids essential for human nutrition. 

Product range of the company includes:

  • Photographic Gelatine
  • Pharmaceutical Gelatine 
  • Edible Gelatine
  • Technical Gelatine. 

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