Refnol Resins & Chemicals Ltd Stock Analysis

BSE: 530815 | NSE: | Chemicals | Small Cap

BSE Share Price 07-Feb-2023 18:01
93.05 -0.50 (-0.53%)

DeciZen - Make an Informed Decision on Refnol Resins & Chem

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Refnol Resins & Chem Price Chart

P/E Ratio ( SA) :
218.99
Market Cap :
28.9 Cr.
52-wk low :
32.8
52-wk high :
112.3
Bole Toh?

1. Is Refnol Resins & Chemicals Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Refnol Resins & Chemicals Ltd is a average quality company.

2. Is Refnol Resins & Chemicals Ltd undervalued or overvalued?

The key valuation ratios of Refnol Resins & Chemicals Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Refnol Resins & Chemicals Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Refnol Resins & Chemicals 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 Refnol Resins & Chem:

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.
Refnol Resins & Chemicals 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'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 0.2%-8.8%3.3%23.9%11.9%5.2%8%6.1%1.4%2.3%-
Value Creation Index NANANA0.7-0.2-0.6-0.4-0.6-0.9-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1915.720.322.724.327.931.6261934.840
YoY Gr. Rt. %--17.3%29.1%11.7%7.1%15.2%13%-17.6%-26.9%83%-
Adj EPS -2.8-4.7-1.52.62.40.72.11.7-1.3-0.40.4
YoY Gr. Rt. %-NANANA-9.1%-71.6%210.3%-21.3%-179.5%NA-
BVPS (₹) -3-9-10.6-7.837.938.941.74241.140.640.5
Adj Net Profit -0.9-1.4-0.50.80.70.20.70.5-0.4-0.10
Cash Flow from Ops. 0.51.71.50.70.20.320.71.41.5-
Debt/CF from Ops. 10.72.836.422.921.72.99.44.33.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 7%7.5%3.3%83%
Adj EPS NA-171.3%-159.3%NA
BVPS 01.4-0.9-1.3
Share Price 28.9% 19.6% 57.8% 90.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % -19.7-53.3-35.359.510.81.75.23.9-3.1-1.11.1
Op. Profit Mgn % 2.7-0.32.37.46.54.26.96.24.93.43.5
Net Profit Mgn % -4.5-9.2-2.33.63.10.82.12-2.1-0.40.3
Debt to Equity -7.3-1.8-1.4-2.10.40.50.40.50.50.50
Working Cap Days 158188154147146148143165216140147
Cash Conv. Cycle 1301561281269051426291570

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 1.10%

Sales growth is good in last 4 quarters at 56.43%

Sales growth has been subdued in last 3 years 3.32%

Latest Financials - Refnol Resins & Chemicals Ltd.

Standalone Consolidated
TTM EPS (₹) 0.4 -2.3
TTM Sales (₹ Cr.) 39.7 59.2
BVPS (₹.) 40.5 63.1
Reserves (₹ Cr.) 9 16
P/BV 2.31 1.48
PE 218.99 0.00
From the Market
52 Week Low / High (₹) 32.80 / 112.25
All Time Low / High (₹) 0.50 / 112.25
Market Cap (₹ Cr.) 28.9
Equity (₹ Cr.) 3.1
Face Value (₹) 10
Industry PE 31.5

Management X-Ray of Refnol Resins & Chem :

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 Refnol Resins & Chem

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

News

Refnol Resins & Chemicals Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Refnol Resins & Chem on 07-Feb-2023 18:01 is : 93.05.
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 07-Feb-2023 18:01 the market cap of Refnol Resins & Chem stood at ₹ 28.91.
The latest PE ratio of Refnol Resins & Chem as of 07-Feb-2023 18:01 is 219.0.
The latest PB ratio of Refnol Resins & Chem as of 07-Feb-2023 18:01 is 2.31
The 52-week high of Refnol Resins & Chem is ₹ 112.2 and the 52-week low is ₹ 32.80.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Refnol Resins & Chem is ₹ 39.71 ( Cr.) .

About Refnol Resins & Chemicals Ltd

Refnol Resins & Chemicals was incorporated in 1980 as Refnol Oil Refineries Private Limited. Promoted by Khatau Group of Bombay, company was set up with an objective to re-refine waste lubricating oils.

The re-refining business was shut down in 1986 and started manufacturing range of textile sizing chemicals.

Today company operates five business divisions which are as follows:

Textile Sizing Chemicals- The division was started in 1986 and into manufacturing and marketing a comprehensive range of performance chemicals for the sizing of warp yarns. The company markets this product successfully in India and overseas.

Unsaturated & Saturated Polyester Resins - Started in 1989, the division is into manufacturing of unsaturated polyester resins for composite applications of all kinds such as chemical equipments, transportation and marine, construction and architecture.

Today it is India’s first and the largest exporter of such resins delivering successfully to major customers in the Middle East, Europe and South Asia. It also manufactures saturated polyester resins for coil coatings, stoving enamels and special applications.

Garment Wash Chemicals and Textile Enzymes - The company started operation of garment wash chemicals and textile enzymes in 1994 in collaboration with AB Enzymes Finland Oy. The company markets this product in India, Bangladesh, Gulf Cooperation Council countries and Kenya. A full range of garment finishing chemicals and auxiliaries are manufactured and sold together with the enzyme formulations to the garment manufacturing industry in these countries.

Laundry & Cleaning Chemicals - Company commenced manufacturing of laundry and cleaning chemicals in 2002 which was primarily aimed at institutional & industrial users.

Textile Auxiliaries - Started in 2003, this division manufactures full range of chemicals for the textile and fabric manufacturing process, pre-treatment, dyeing & printing, finishing & special applications.

Company’s manufacturing unit is located at Plot No. 23, Phase - III, GIDC Industrial Estate, Naroda, Ahmedabad - 382330, India. It also operates subsidiary under the name Refnol Overseas.

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