Sunshield Chemicals Ltd - Stock Valuation and Financial Performance

BSE: 530845 | NSE: | Chemicals | Small Cap

Sunshield Chemicals Share Price

799 -1.20 -0.15%
as on 19-Mar'24 13:21

DeciZen - make an informed investing decision on Sunshield Chemicals

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Sunshield Chemicals stock performance -

mw4me loader
P/E Ratio (SA):
36.32
Market Cap:
588.4 Cr.
52-wk low:
512
52-wk high:
1,048

Is Sunshield Chemicals Ltd an attractive stock to invest in?

1. Is Sunshield Chemicals Ltd a good quality company?

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

2. Is Sunshield Chemicals Ltd undervalued or overvalued?

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

3. Is Sunshield Chemicals Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Sunshield 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 Sunshield Chemicals:

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.
Sunshield 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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 3.5%-0.3%5%0.7%6.4%6.8%6.6%17%14.8%13.2%-
Value Creation
Index
-0.8-1.0-0.6-1.0-0.6-0.5-0.50.20.1-0.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 134119150166183190181199244245264
Sales YoY Gr.--11%26.2%10.3%10.7%3.5%-4.5%9.7%22.8%0.3%-
Adj EPS -0-3.6-3.1-7.90.80.71.220.220.217.622
YoY Gr.-NANANANA-1.3%58.1%1623.1%0.2%-13.1%-
BVPS (₹) 28.62422.913.415.115.316.135.67389.8105.3
Adj Net
Profit
0-2.7-2.3-5.80.60.50.914.814.912.916
Cash Flow from Ops. -6.512.90.711.62.114.519.434.63314.1-
Debt/CF from Ops. -8.65.8148.98.651.67.35.62.52.45.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 7%6%10.6%0.3%
Adj EPS NA87.9%146.6%-13.1%
BVPS13.5%42.9%77.4%23%
Share Price 22.6% 37.1% 57.2% 44.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-0.1-13.8-13.4-43.35.34.97.478.137.221.622.6
Op. Profit
Mgn %
8.62.46.55.18.58.69.415.412.81313.5
Net Profit
Mgn %
-0-2.2-1.5-3.50.30.30.57.56.15.36.1
Debt to
Equity
2.74.2610.19.99.49.33.41.51.2-
Working Cap
Days
12916213913814415315413612815865
Cash Conv.
Cycle
6264434959626354476215

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 10.57%

Net Profit is growing at healthy rate in last 3 years 146.62%

Debt to equity has declined versus last 3 years average to 1.17

Return on Equity has declined versus last 3 years average to 22.60%

Sales growth is not so good in last 4 quarters at 8.92%

Latest Financials - Sunshield Chemicals Ltd.

Standalone Consolidated
TTM EPS (₹) 22 -
TTM Sales (₹ Cr.) 264 -
BVPS (₹.) 105.3 -
Reserves (₹ Cr.) 70 -
P/BV 7.60 -
PE 36.32 -
From the Market
52 Week Low / High (₹) 512.00 / 1048.00
All Time Low / High (₹) 0.79 / 1048.00
Market Cap (₹ Cr.) 588
Equity (₹ Cr.) 7.4
Face Value (₹) 10
Industry PE 46.7

Management X-Ray of Sunshield Chemicals:

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

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Sunshield Chemicals

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales134119150166183190181199244245
Operating Expenses 123117140159168173164169213214
Manufacturing Costs14151922262526252527
Material Costs938396108118125114120164160
Employee Cost 56777678913
Other Costs 11131822171718171513
Operating Profit 112107161617303131
Operating Profit Margin (%) 8.1%1.8%6.5%4.3%8.5%8.6%9.4%14.9%12.8%12.7%
Other Income 0130221012
Interest 43119101110757
Depreciation 2356666666
Exceptional Items 00000-2-10180
Profit Before Tax 5-4-3-8201173919
Tax 6-1-3-10012125
Profit After Tax 0-3-1-7101142714
PAT Margin (%) -0.3%-2.7%-0.6%-4.0%0.7%0.1%0.4%7.1%11.3%5.6%
Adjusted EPS (₹)-0.6-4.3-1.2-9.11.60.30.919.337.418.6
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%5%11%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 21181710111112265466
Share Capital 7777777777
Reserves 141092444194659
Minority Interest0000000000
Debt56741018210584109887967
Long Term Debt22426041371750503541
Short Term Debt34324141686759384426
Trade Payables15172521242022213324
Others Liabilities 8238291834581937
Total Liabilities 100131151142159150149142185193

Fixed Assets

Gross Block52531078083869595106120
Accumulated Depreciation1922276121824293440
Net Fixed Assets34317974716971667179
CWIP 34823330171
Investments 0000000000
Inventories14202822312829262936
Trade Receivables33122627302728294140
Cash Equivalents 3021321462
Others Assets14211514212220163035
Total Assets 100131151142159150149142185193

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -71311221519353314
PBT 5-4-3-8201173919
Adjustment 661717151615141014
Changes in Working Capital -1711-132-14-146-8-16
Tax Paid 0-100000-2-8-4
Cash Flow From Investing Activity -3-31-17-3-4-2-7-4-17-9
Capex -4-31-17-3-4-2-7-3-16-8
Net Investments 0000000-1-10
Others 0000000000
Cash Flow From Financing Activity 121518-83-30-24-7-9-11
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 4201600001511844
Interest Paid -4-3-7-8-7-9-17-7-5-7
Dividend Paid 000000000-1
Others 11-19011-21-7-15-121-46
Net Cash Flow 2-3211-18-11237-5
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-1.9-16.45-4.91-50.0811.511.995.5774.7268.8522.83
ROCE (%)12.57-0.56.991.229.729.179.420.4135.7219.27
Asset Turnover Ratio1.571.11.121.191.231.231.211.361.491.29
PAT to CFO Conversion(x)INFN/AN/AN/A2INF192.51.221
Working Capital Days
Receivable Days71644355565455525261
Inventory Days33495552535757504249
Payable Days55697978696568656065

Sunshield Chemicals Ltd Stock News

Sunshield Chemicals Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Sunshield Chemicals on 19-Mar-2024 13:21 is ₹799.0.
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 19-Mar-2024 13:21 the market cap of Sunshield Chemicals stood at ₹588.4.
The latest P/E ratio of Sunshield Chemicals as of 19-Mar-2024 13:21 is 36.32.
The latest P/B ratio of Sunshield Chemicals as of 19-Mar-2024 13:21 is 7.60.
The 52-week high of Sunshield Chemicals is ₹1,048 and the 52-week low is ₹512.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sunshield Chemicals is ₹264.3 ( Cr.) .

About Sunshield Chemicals Ltd

Sunshield Chemicals Ltd., (SCL) was incorporated in 1986, as private limited company and then became public. Satish Kelkar, the managing director, along with his close friends and relatives, started the business. This family business was later turned into a listed company and in April 2005, Amit C Choksey, from the family of founder promoters of Asian Paints, and Chairman of Mazda Colours, a prime Pthalocyanine blue & green manufacturer co- promoted Sunshield’s business in the field of Antioxidants and specialities for prime global customers. 

Spread over more than 7.5 acres of land, Sunshield has its modern plant situated at Rasal, around 100 km from Mumbai, and just 60 km from the JNPT sea port convenient for making exports and imports.

With close inter user co-ordination, the company has developed many niche speciality products with unique applications for MNCs and large Indian corporates. It has a wide range of surfactants based on ethylene oxide condensates, propylene oxide condensates ,esters, amides and their blends that find application as emulsifiers and dispersants for agrochemicals, emulsifiers for textile auxilaries; as mineral oil emulsifiers for coning oils, orchard or tree spray oils; as viscosity builders in the manufacture of toilet cleaning preparations; as anti foaming agents for paints and lubricants; in metal treatment as cleaning and corrosion inhibitors and many more.

Product range of the company includes:

  • Plastic / Polymers / Rubber / Latex
  • Lubes, Oil
  • Wire Enamels
  • Paints, Coatings, Insulation Enamels, Inks
  • Glass Fibre
  • Cosmetics & Toiletries
  • Agro Chemicals
  • Other Specialities
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.