X

Shree Hari Chemicals Export Ltd. Stock Analysis

Small Cap
Evaluated by 302 users | BSE: 524336 | NSE: |
Chemicals
Shree Hari Chemicals (India) was incorporated on October 9, 1987 and changed the name as Shree Hari Chemicals Export (SHCEL) on April 16,1992. Factory of Shree Hari Chemicals Export (SHCEL), is located at Mahad, Raigad District of Maharashtra, India; one of the Largest Manufacturing...

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
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 7.59%7.63%-3.04%-37.64%86.43%88.78%1.95%-3.67%-19.37%-9.83%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 69.273.270.315.561.813110111554.650.5
Y-o-Y Gr. Rt.-5.8%-3.9%-78%299.4%111.9%-22.9%13.6%-52.4%-7.5%
Adjusted EPS (Rs.) 1.921.59-4.53-11.0830.3372.092.11-4.6-20.17-8.85
Y-o-Y Gr. Rt.--17.2%-384.9%NANA137.7%-97.1%-318%NANA
Book Value per Share (Rs.) 33.1133.7829.0117.7346.92116.04117.37113.7392.8884.67
Adjusted Net Profit 0.90.7-2-4.913.532.10.9-2.1-9-3.9
Net Op. Cash Flow (Rs. Cr.) 2.34.74.1-0.27.326.965.54-5.4
Debt to Cash Flow from Ops 7.623.540.11-17.72000.06000
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Shree Hari Chemicals Export Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -3.4%-4%-20.6%-7.5%
Adjusted EPS -218.5%-178.2%-261.3%NA
Book Value per Share 1112.5-10.3-8.8
Share Price 4.4% -25.6% -27.3% 40.5%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 5.854.76-14.43-47.4293.8488.481.81-3.98-19.52-9.97
Operating Profit Margin (%) 7.898.222.35-19.2429.3537.951.41-0.96-17.67-5.42
Net Profit Margin (%) 1.230.97-2.87-31.8321.8124.470.93-1.78-16.41-7.79
Debt to Equity 1.21.10.040.41000.01000
Working Capital Days 129135100280111106186151219134
Cash Conversion Cycle 48704368132242338153
Entity Percentage Holding
Promoters 48.18%
Non-Institutions 51.82%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Shree Hari Chemicals Export Ltd.'s performance infers:

Shree Hari Chemicals Export Ltd. earnings have declined by -178.2%, whereas share price has depreciated -25.6% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Shree Hari Chemicals Export Ltd. share prices over the last 10 years. Here is what we found out:

Shree Hari Chemicals Export Ltd. share price has depreciated 0.7% annually over the past ten years.

Shree Hari Chemicals (India) was incorporated on October 9, 1987 and changed the name as Shree Hari Chemicals Export (SHCEL) on April 16,1992. Factory of Shree Hari Chemicals Export (SHCEL), is located at Mahad, Raigad District of Maharashtra, India; one of the Largest Manufacturing unit of H-Acid in India . Through Innovation, dedication & customer satisfaction, they have succeeded in winning customers worldwide.

The company went for public issue in 1992.In appreciation

Shree Hari Chemicals (India) was incorporated on October 9, 1987 and changed the name as Shree Hari Chemicals Export (SHCEL) on April 16,1992. Factory of Shree Hari Chemicals Export (SHCEL), is located at Mahad, Raigad District of Maharashtra, India; one of the Largest Manufacturing unit of H-Acid in India . Through Innovation, dedication & customer satisfaction, they have succeeded in winning customers worldwide.

The company went for public issue in 1992.In appreciation of valuable contribution towards the success of Convention on Colorants - 2007.

Shree Hari Chemicals Export is a customer driven company with the vision to become one of the largest maufacturer of H-Acid in the world.

The main plant of the company is situated at the premier industrial estate Mahad, about 175 Km from mumbai, on Mumbai - Goa highway. It is in proximity to the main market of Mumbai, as well as to ports (Mumbai & Nhava Sheva). Apart from that SHCEL is having production facilities at their associates in Gujrat.

The research centre of SHCEL has been playing a crucial role in marketing the company, the leader of its field, with its pioneering accomplishment in technological innovation and research ever since its foundation in the year 1987. They continuously analyse the environmental impacts of their products and seriously take into account the possible danger to the natural environment.

SHCEL has customer base in India & in international market like Singapore, Korea, Malaysia, Thailand, Turkey, Taiwan, Bangladesh, USA, Canada, Australia, Newzealand, Italy, Dubai UK, France etc.

SHCEL is the key supplier of H-Acid across the world. Over 60 % of H-Acid produced by the company is exported to world market and the rest is supplied in domestic market. The customers of SHCEL can always expect, not only the commitment of supplies on time but also consistent quality and services.They have been credited with various export awards & certificates.

State-of-the art-facilities, supported by product innovation, R & D and an efficient services network have made it the number one choice among its ever-expanding customer base.

The company has installed the latest world class solvent plant system, enabling them to adhere to the highest quality standards. The ever growing list of customers in India and worldwide is the biggest testimonial of their infrastructure and product performance.

Product range of the company includes:

  • Acid Dye
  • Direct Dye 
  • Dye Intermediates
  • Reactive Dyes
  • H-Acid 

SHCEL has customer base in India & International market like Singapore, Korea, Malaysia, Thailand, Turkey, Taiwan, Bangladesh, USA, Canada, Australia, Newzealand, Italy, Dubai UK, France etc.

Achievements/ recognition:

  • ISO 9001:2000 Certified by Swisso Switzerlang from 03.03.2006.
  • Certificate of Merit in recognition of excellent performance in export of dyes intermediates by a largde scale unit for 2006-2007 by DMAI ( The Dyestuff Manufacturing Association of India )
  • SHCEL has registered a phenomenal export growth of 40%, since the last year. 
  • The turnover of the company has taken a huge leap as compare to the previous year. 
  • Shree Hari Chemicals Export Limited is one of the largest Producer of H-Acid.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

Callback