Is Indo Amines a good quality company?

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

Is Indo Amines undervalued or overvalued?

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

What is Indo Amines share price return in the past 10 years?

Indo Amines Ltd share price has appreciated 34.4% annually (CAGR) over the past ten years.

Is Indo Amines a good buy now?

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

Indo Amines Ltd - Stock Valuation and Financial Performance

Name: Indo Amines
Brand: Indo Amines

BSE: 524648 | NSE: INDOAMIN | Chemicals | Small Cap

Place order

Indo Amines Share Price

₹142.20 4.70 3.42%
as on 24-Apr'24 16:01

10 Year X-Ray of Indo Amines:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	9.9%	8.9%	11.9%	16.3%	12.1%	13.6%	6.8%	12%	9%	12.1%	-
Value Creation Index ⓘ	-0.3	-0.4	-0.2	0.2	-0.1	0.0	-0.5	-0.2	-0.4	-0.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	217	215	243	278	347	527	472	539	780	922	913
Sales YoY Gr.	-	-0.8%	12.7%	14.6%	24.8%	51.8%	-10.4%	14.2%	44.7%	18.2%	-
Adj EPS ⓘ	0.9	0.7	1.3	2.2	1.8	3	1.5	4.1	3.1	5.5	7.3
YoY Gr.	-	-25.5%	85.7%	65.4%	-14.4%	64.7%	-51.5%	181%	-24%	75.2%	-
BVPS (₹) ⓘ	6.5	6.7	7.4	10	11.4	17.2	18.5	22.5	25.7	30.5	34.9
Adj Net Profit ⓘ	5.9	4.6	8.6	14.4	12.3	21.4	10.4	29.2	22.2	38.9	52
Cash Flow from Ops. ⓘ	20.3	22.1	19.2	12.7	10.5	18.6	37.5	53.3	-7.4	20.6	-
Debt/CF from Ops. ⓘ	2.6	2.2	2.5	4.8	8.3	7	3.8	3	-27.8	11.1	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	17.4%	21.6%	25%	18.2%
Adj EPS ⓘ	21.7%	24.5%	55.2%	75.2%
BVPSⓘ	18.9%	21.9%	18.1%	18.9%
Share Price	34.4%	26.2%	48%	58.4%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	15.6	10.9	18.5	24.9	17	21.4	8.2	19.9	12.9	19.4	22.3
Op. Profit Mgn % ⓘ	8.4	9.6	11.7	12.2	11	10.2	9	10.4	6.7	9.2	10.3
Net Profit Mgn % ⓘ	2.7	2.1	3.5	5.2	3.5	4.1	2.2	5.4	2.9	4.2	5.7
Debt to Equity ⓘ	1.3	1.1	1	0.9	1.1	1.1	1.1	1	1.1	1.1	-
Working Cap Days ⓘ	145	146	130	138	138	112	140	147	108	107	74
Cash Conv. Cycle ⓘ	38	43	41	45	43	39	56	58	40	45	13

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 22.30%

Sales growth is growing at healthy rate in last 3 years 24.98%

Net Profit is growing at healthy rate in last 3 years 55.24%

Debt to equity has increased versus last 3 years average to 1.06

Sales growth is not so good in last 4 quarters at 0.58%

Latest Financials - Indo Amines Ltd.

	Standalone	Consolidated
TTM EPS (₹)	7.3	7.2
TTM Sales (₹ Cr.)	913	925
BVPS (₹.) ⓘ	34.9	36
Reserves (₹ Cr.) ⓘ	212	219
P/BV ⓘ	4.05	3.92
PE ⓘ	19.38	19.65

From the Market
52 Week Low / High (₹)	85.55 / 184.75
All Time Low / High (₹)	0.08 / 187.03
Market Cap (₹ Cr.)	999
Equity (₹ Cr.)	35.4
Face Value (₹)	5
Industry PE ⓘ	49.6

Management X-Ray of Indo Amines:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Indo Amines

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

This is a premium feature, Please click here to check our solutions.

Key Ratios of Indo Amines

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	217	215	243	278	347	527	472	539	780	922
Operating Expenses ⓘ	199	195	214	244	309	473	430	483	728	839
Manufacturing Costs	36	36	41	34	53	74	76	81	109	121
Material Costs	136	132	142	179	216	342	293	332	507	611
Employee Cost	8	9	10	12	14	21	23	23	27	32
Other Costs ⓘ	19	19	21	19	26	37	38	47	84	75
Operating Profit ⓘ	18	21	28	34	38	54	42	56	53	83
Operating Profit Margin (%)	8.4%	9.6%	11.7%	12.2%	11.0%	10.2%	9.0%	10.4%	6.7%	9.0%
Other Income ⓘ	1	2	1	5	4	7	6	7	10	4
Interest ⓘ	4	5	4	6	8	10	11	9	14	17
Depreciation ⓘ	6	10	12	12	12	15	19	11	14	17
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	9	7	14	21	23	36	19	43	35	53
Tax ⓘ	3	2	5	6	9	12	5	10	10	15
Profit After Tax	6	5	9	15	14	24	14	33	25	38
PAT Margin (%)	2.7%	2.1%	3.5%	5.4%	4.1%	4.6%	2.9%	6.1%	3.2%	4.1%
Adjusted EPS (₹)	0.9	0.7	1.3	2.3	2.1	3.4	2.0	4.7	3.5	5.4
Dividend Payout Ratio (%)	26%	36%	38%	22%	23%	15%	26%	12%	14%	9%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	40	44	49	67	77	123	132	161	183	217
Share Capital ⓘ	31	33	33	33	33	35	35	35	35	35
Reserves ⓘ	9	11	16	33	44	88	97	125	148	182
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	47	44	44	55	78	120	128	147	187	210
Long Term Debt	5	7	13	14	19	26	35	53	50	57
Short Term Debt	42	37	31	41	60	94	92	94	137	154
Trade Payables	37	30	29	38	63	77	76	98	124	106
Others Liabilities ⓘ	28	31	38	42	17	22	27	32	44	49
Total Liabilities ⓘ	151	149	160	202	235	342	363	438	537	583
Fixed Assets
Gross Block	65	94	104	127	145	213	232	251	322	352
Accumulated Depreciation	35	46	57	70	81	98	117	128	142	158
Net Fixed Assetsⓘ	30	48	46	58	64	115	115	123	180	194
CWIP ⓘ	12	1	0	2	5	8	24	54	20	18
Investmentsⓘ	5	5	5	5	5	1	1	3	3	3
Inventories	23	26	26	31	48	62	76	77	98	114
Trade Receivables	48	38	45	60	72	117	107	133	185	202
Cash Equivalents	4	4	5	3	7	7	5	11	19	13
Others Assetsⓘ	29	27	33	42	34	32	35	38	33	39
Total Assets ⓘ	151	149	160	202	235	342	363	438	537	583

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	20	22	19	13	11	19	37	53	-7	21
PBT ⓘ	9	7	14	21	23	36	19	43	35	53
Adjustment ⓘ	8	16	15	14	19	24	27	17	27	35
Changes in Working Capital ⓘ	6	3	-4	-16	-19	-28	-2	4	-61	-57
Tax Paid ⓘ	-2	-4	-5	-6	-13	-14	-6	-11	-9	-10
Cash Flow From Investing Activity ⓘ	-23	-13	-10	-22	-21	-40	-35	-50	-36	-30
Capex	-18	-17	-10	-16	-21	-45	-35	-49	-37	-29
Net Investments	-1	0	0	-6	0	4	0	-2	0	0
Others ⓘ	-4	3	0	0	0	0	0	1	1	-1
Cash Flow From Financing Activityⓘ	3	-9	-8	7	14	21	-4	2	51	3
Net Proceeds from Shares ⓘ	3	1	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	9	13	15	6	7
Interest Paid ⓘ	-4	-5	-4	-4	-8	-10	-11	-9	-14	-17
Dividend Paid ⓘ	-1	-2	-3	-2	-3	-4	-3	-5	-2	-4
Others ⓘ	5	-4	-1	12	26	25	-2	2	62	17
Net Cash Flow ⓘ	1	0	1	-2	4	-1	-1	6	8	-6

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	15.97	10.98	18.54	26.11	20.05	24.52	10.92	22.72	14.61	19.11
ROCE (%)	15.08	13.31	18.77	24.11	21.2	22.27	11.17	17.66	13.86	16.7
Asset Turnover Ratio	1.74	1.59	1.77	1.73	1.74	2.06	1.59	1.45	1.95	2.05
PAT to CFO Conversion(x)	3.33	4.4	2.11	0.87	0.79	0.79	2.64	1.61	-0.28	0.55
Working Capital Days
Receivable Days	71	66	55	61	63	58	73	76	61	62
Inventory Days	34	38	34	33	38	34	45	48	34	34
Payable Days	98	92	75	68	85	75	96	96	80	69

Indo Amines Ltd Stock News

Indo Amines Ltd FAQs

What is the share price of Indo Amines?

Company share prices are keep on changing according to the market conditions. The closing price of Indo Amines on 24-Apr-2024 16:01 is ₹142.2.

What is the market cap of Indo Amines?

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-Apr-2024 16:01 the market cap of Indo Amines stood at ₹998.6.

What is the P/E ratio of Indo Amines?

The latest P/E ratio of Indo Amines as of 24-Apr-2024 16:01 is 19.38.

What is the P/B ratio of Indo Amines?

The latest P/B ratio of Indo Amines as of 24-Apr-2024 16:01 is 4.05.

What is the 52-week high and low of Indo Amines?

The 52-week high of Indo Amines is ₹184.8 and the 52-week low is ₹85.55.

What is the TTM revenue of Indo Amines?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Indo Amines is ₹912.7 ( Cr.) .

About Indo Amines Ltd

Indo Amines Ltd. was established in 1979 as Techno Chemical Industries. The major focus of the company was to provide India with import substitues, providing the support & service of just in time supplies of chemicals. Focusing on core chemistries of high pressure hydrogenation, Indo Amines Ltd diversified into fine & speciality chemicals , a growing opportunity to expand.

The company is one of the Indiaâ€™s largest independent manufacturers of fine, specialty and performance chemicals providing a comprehensive package of products and technical services for Indian global markets.

In 1994 Techno Chemical Industries went public to emerge as Indo Amines which had two manufacturing sites focusing on fine & specialty to become one of India's leading manufacturer.

In 2001, Indo Amines had a focus on exports with the expanding market & opportunities which we could foresee for growth.In 2003 , Research & Development took a major lead role. Continuous efforts were being made to bring in Product & Internationally recognized Quality standards.

Indo Amines has developed emulsifiers for obtaining stable emulsion applicable for various industries including petroleum and agrochemicals. These formulations are quaternary ammonium compounds blended with other additives based on the application and the result desired.

Product range of the company includes:

Indo Amines Ltd manufactures various types of fatty amines, amine derivatives that are used by various industries for direct application. Its products also have specialized process application for various industries and their processes.

Fine chemicals