X

Pratiksha Chemicals Ltd. Stock Analysis

Small Cap
Evaluated by 58 users | BSE: 531257 | NSE: |
Dyes & Pigments
Pratiksha Chemicals, a Dhara Group company, was formed as Pratiksha Chemicals Pvt. Ltd. in the year 1991 and started the commercial production of Phthalocyanine Pigment Green 7 with the manufacturing capacity of 110 metric tonnes per annum. In the year 1994, Pratiksha Chemicals Pvt. Ltd. was...

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 3.81%4.44%6.06%3.03%2.67%1.87%3.07%4.82%2.4%2.78%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 68.211.15.76.510.21112.710.911.6
Y-o-Y Gr. Rt.-36.9%36.4%-48.6%13.6%56.3%8.7%15.3%-14.5%6.4%
Adjusted EPS (Rs.) 0.020.130.20.020.02-0.090.030.230.030.01
Y-o-Y Gr. Rt.-550%53.9%-90%0%-550%NA666.7%-87%-66.7%
Book Value per Share (Rs.) 4.144.264.474.664.684.724.755.215.265.28
Adjusted Net Profit 00.10.100-0.100.100
Net Op. Cash Flow (Rs. Cr.) 0.30.30.70.10.50.30.21.20.7-0.4
Debt to Cash Flow from Ops 11.3914.994.7649.327.0410.4510.381.562.76-5.02
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.
Pratiksha Chemicals Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 7.7%12.3%1.6%6.4%
Adjusted EPS -7.4%-12.9%-30.7%-66.7%
Book Value per Share 2.72.43.60.4
Share Price 12.7% 37.8% 13.8% 276.9%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 0.422.874.420.520.38-1.850.714.680.660.16
Operating Profit Margin (%) 4.557.766.899.58.74.864.772.334.354.72
Net Profit Margin (%) 0.170.8510.240.15-0.480.171.020.180.04
Debt to Equity 1.441.611.271.31.221.110.930.630.650.72
Working Capital Days 308250186340335217178145168183
Cash Conversion Cycle 10210354311358475546159
Entity Percentage Holding
Promoters 41.09%
Non-Institutions 58.91%
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 Pratiksha Chemicals's performance infers:

Pratiksha Chemicals earnings have declined by -12.9%, whereas share price has appreciated 37.8% 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 Pratiksha Chemicals share prices over the last 10 years. Here is what we found out:

Pratiksha Chemicals share price has appreciated 7.6% annually over the past ten years.

Pratiksha Chemicals, a Dhara Group company, was formed as Pratiksha Chemicals Pvt. Ltd. in the year 1991 and started the commercial production of Phthalocyanine Pigment Green 7 with the manufacturing capacity of 110 metric tonnes per annum.

In the year 1994, Pratiksha Chemicals Pvt. Ltd. was changed to a public company and was christened as Pratiksha Chemicals Limited. Soon the manufacturing capacity was also increased to 480 metric tonnes per annum.

Today, Pratiksha has a wide

Pratiksha Chemicals, a Dhara Group company, was formed as Pratiksha Chemicals Pvt. Ltd. in the year 1991 and started the commercial production of Phthalocyanine Pigment Green 7 with the manufacturing capacity of 110 metric tonnes per annum.

In the year 1994, Pratiksha Chemicals Pvt. Ltd. was changed to a public company and was christened as Pratiksha Chemicals Limited. Soon the manufacturing capacity was also increased to 480 metric tonnes per annum.

Today, Pratiksha has a wide customer base in USA, Europe, Middle East, Far East and Africa besides the local Indian market dealt by the merchant exporters and also by direct exports. It proudly claims 95% of its sale from repeat orders, which is the result of its determination to give its customers the high quality cost effective product.

The manufacturing facility of the Pratiksha group is located at Sanand, in the suburbs of Ahmedabad. 90% of the yield is exported to the customers spanning across the globe.

The current range of the products manufactured by Pratiksha includes:

  • Pigment Green 7 (C. I. No. 74260) - powder form
  • Pigment Green 7 (C. I. No. 74260) - presscake form
  • Copper Phthalocyanine Green Crude - presscake form
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

Callback