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Indian Emulsifiers Ltd (IEML)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: IEML Chemicals | Small Cap | Indian Emulsifiers Share Price

BSE Share Price
Not Listed

Indian Emulsifiers Ltd (IEML)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: IEML Chemicals | Small Cap | Indian Emulsifiers Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹84 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹8.8
TTM Sales
₹160 Cr.
Book Value per Share
₹48.1
P/E Ratio
5.19
Lower than its 5-year historical median
Industry PE
52.2
Price to Book (P/B)
0.95
Lower than its 5-year historical median
Price to Sales (P/S)
0.53
Lower than its 5-year historical median
EV/EBITDA
4.19
Lower than its 5-year historical median
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
24.08%
Outperforms industry median
Return on Capital Employed (ROCE)
23.58%
Outperforms industry median
Return on Assets (ROA)
14.67%
Operating Profit Margin
19.4%
Net Profit Margin
13.14%
Gross Profit Margin
18.4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
51.81%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
32.66%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
50.79%
Asset Quality
Promoter Holding
32.64%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹70 Cr.
Equity
₹18.3 Cr.
Face Value
₹10
All Time Low / High
- / -

Indian Emulsifiers stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Indian Emulsifiers Ltd a good quality company?
Indian Emulsifiers Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Indian Emulsifiers Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Indian Emulsifiers Ltd vs industry peers?
Indian Emulsifiers Ltd revenue CAGR is 78.90%, compared to the industry median CAGR of 4.7%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Indian Emulsifiers Ltd?
Promoters hold 32.64% of the Indian Emulsifiers Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Indian Emulsifiers Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of -67.15% based on the current price.

10 Year X-Ray : Login to view analysis.

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.
Indian Emulsifiers Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % -0.6%6%26.1%31.1%23.6%-
Value Creation
Index
-1.0-0.60.91.20.7-

Growth Parameters

Sales 017.741.266.7101160
Sales YoY Gr.-NA132.9%61.9%51.8%-
Adj EPS -3.70.16.59.810.98.8
YoY Gr.-NA9157.1%51.1%11.1%-
BVPS (₹) 6.310.116.531.667.148.1
Adj Net
Profit
-003.98.813.316
Cash Flow from Ops. 0-5.80.20.4-16.6-
Debt/CF from Ops. 22.8-1.9107.266.8-1.6-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANA78.9%51.8%
Adj EPS NANA437.7%11.1%
BVPSNANA88.2%112.7%
Share Price - - - -67.8%

Key Financial Parameters

Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-58.71.138.643.624.115.4
Op. Profit
Mgn %
04.519.122.219.4NAN
Net Profit
Mgn %
00.29.513.213.110.1
Debt to
Equity
93.51.31.70.80.3-
Working Cap
Days
01011361792180
Cash Conv.
Cycle
042881231590

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Sales017.6841.1866.68101.23
Operating Expenses + 016.8933.3251.8981.61
Manufacturing Costs01.662.243.085.11
Material Costs013.6330.1447.2971.87
Employee Cost 00.970.330.360.24
Other Costs 00.630.601.154.38
Operating Profit -00.797.8614.7919.62
Operating Profit Margin (%) -4.5%19.1%22.2%19.4%
Other Income + 0000.041.43
Exceptional Items 00000
Interest 00.472.052.322.41
Depreciation 00.211.181.692.23
Profit Before Tax -00.124.6410.8216.41
Tax 00.080.7423.11
Profit After Tax -00.043.898.8213.30
PAT Margin (%) -0.2%9.5%13.2%13.1%
Adjusted EPS (₹)-3.70.16.59.810.9
Dividend Payout Ratio (%)0%0%0%0%0%

Valuation of Indian Emulsifiers - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 0.018.1512.0428.4482.03
Share Capital 0.018.118.119.0112.22
Reserves -00.043.9319.4369.81
Debt +0.5910.6920.3022.2024.11
Long Term Debt07.7011.6313.246.74
Short Term Debt0.592.998.688.9617.36
Minority Interest00000
Trade Payables00.010.918.936.41
Others Liabilities 00.261.074.314.86
Total Liabilities 0.6019.1034.3263.87117.41

Fixed Assets

Net Fixed Assets +09.7912.7217.2218.98
Gross Block01014.1120.2924.28
Accumulated Depreciation00.211.393.085.30
CWIP 0002.7621.39
Investments 00.050.0500.01
Inventories01.208.7520.9936.41
Trade Receivables02.928.0518.5330.61
Cash Equivalents 0.040.030.030.090.07
Others Assets 0.565.124.724.299.94
Total Assets 0.6019.1034.3263.87117.41

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 0.03-5.760.190.35-16.55
PBT -00.124.6510.8216.45
Adjustment 00.211.183.975.33
Changes in Working Capital 0.03-6.09-5.61-13.66-36.31
Tax Paid 00-0.04-0.78-2.01
Cash Flow From Investing Activity + 0-2.35-0.19-7.90-23.82
Capex 0-10-4.12-8.94-22.62
Net Investments 0-0.05-00.05-0.01
Others 07.703.930.98-1.19
Cash Flow From Financing Activity + 0.018.1007.6140.35
Net Proceeds from Shares 0007.5740.27
Net Proceeds from Borrowing 00000
Interest Paid 0000.040.08
Dividend Paid 00000
Others 0.018.100-0-0
Net Cash Flow 0.04-0.0100.06-0.02

Financial Ratio

PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-58.731.4248.745.9824.08
ROCE (%)-0.626.0426.1231.1423.58
Asset Turnover Ratio01.81.541.361.12
PAT to CFO Conversion(x)N/A-1440.050.04-1.24
Working Capital Days
Receivable Days060.2048.6072.7088.60
Inventory Days024.8044.1081.40103.50
Payable Days00.105.503838.90

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Indian Emulsifiers Ltd FAQs

The current trading price of Indian Emulsifiers on 01-Jan-1970 05:30 is ₹0.00.

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 31-Dec-1969 the market cap of Indian Emulsifiers stood at ₹84.06 Cr

The latest P/E ratio of Indian Emulsifiers as of 31-Dec-1969 is 5.19.

The latest P/B ratio of Indian Emulsifiers as of 31-Dec-1969 is 0.95.

The 52-week high of Indian Emulsifiers is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Indian Emulsifiers is ₹160 ( Cr.) .

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

The key valuation ratios of Indian Emulsifiers Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

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

About Indian Emulsifiers Ltd

The company was originally incorporated on December 05, 2020, as a Private Limited Company under the name and style of Indian Emulsifiers Private Limited under the provisions of Companies Act, 2013 with the Registrar of Companies, Mumbai, Maharashtra. Thereafter, the company was converted from Private Limited to Public Limited and the name of the company was changed from “Indian Emulsifiers Private Limited” to “Indian Emulsifiers Limited” vide fresh Certificate of Incorporation dated January 05, 2024 issued by the Registrar of Companies Mumbai, Maharashtra. 

The company was incorporated with the objective of Manufacturing and Supplying of Specialty Chemicals i.e., Esters, Amphoterics, Phosphate Esters, Imidazolines, Wax Emulsions, SMO & PIBSA Emulsifiers. The company has its manufacturing plant at Plot No. E-10 MIDC, Lote Parshuram, Tal. Khed, Ratnagiri, Maharashtra, India since inception. The facility equipped with process control, innovative R&D centre, Quality Control and Application Laboratories. The company was formed with a vision to become a pioneer specialty chemicals manufacturer. The company got ISO Certified in the year 2021 as ISO 9001:2015. It is manufacturing the Specialty chemicals industry, with a focus on Esters, Phosphate Esters, Imidazolines, Succinimides, Sulfosuccinates, Specialty Emulsifiers and formulated products. The company serve specialty chemicals to wide range of industries such as Mining, Textile, Cleaning Industry, PVC (Poly Vinyl Chloride)/ Rubber, Personal Care, Food and Other Industries. Operations at the facility are managed by an able and motivated team of highly qualified technical personnel, having expertise in their individual fields. Multipurpose facility designed to have a high degree of flexibility to meet customer needs. The facility can carry out reactions at temperatures ranging from 10 C to 250 C and pressure 5 kg to 8kg/cm, the reactors are equipped with condenser, vacuum arrangement and receiver and high speed stirred reactor.

Business area of the company

Indian Emulsifiers manufactures, supplies and markets a diverse range of speciality chemicals to industries such as Food, Cosmetic, Pharmaceutical, Personal care, Home care, Institutional & Industrial Cleaning, Metal Cleaning, Metal Working, Lubricants, Textiles, Mining, Oilfields, Agriculture and Paint & Pigments.

Major events

  • 2020: Incorporation of the company viz. ‘M/s Indian Emulsifier Private Limited’.
  • 2021: ISO 9001:2015 in accordance with Quality Research Organization.
  • 2024: Conversion of the company from Private Limited to Public Limited Company.


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