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Sudarshan Chemical Industries Ltd. Stock Analysis

Small Cap
Evaluated by 1310 users | BSE: 506655 | NSE: SUDARSCHEM |
Dyes & Pigments
Sudarshan Chemical Industries company was incorporated on  February 19, 1951 at Pune as a private limited company and converted into a public limited company on December 31, 1974.Sudarshan Chemical Industries is owned by the Rathi group of companies and accounts for 70% of the Rathi group...
1. Right Stock
Very Good
2. Right Price
3. Right Time

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.
Sudarshan Chemical Industries Ltd. has performed well in majority of the past ten years indicating its past ten year financial track record is very good
Value Creation
Value Creation Index Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 14.91%10.08%6.93%9.69%10.67%13.1%14.97%12.6%11.03%14.22%
Value Creation Index 0.19-0.19-0.45-0.22-0.150.050.200.01-0.120.14
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 7248008731,1191,2181,4091,4991,6461,6741,709
Y-o-Y Gr. Rt.-10.5%9.1%28.2%8.9%15.7%6.4%9.8%1.7%2.1%
Adjusted EPS (Rs.) 5.934.62.665.486.749.9213.5312.1912.319.24
Y-o-Y Gr. Rt.--22.4%-42.2%106%23%47.2%36.4%-9.9%0.9%56.4%
Book Value per Share (Rs.) 24.9727.9929.5331.9437.9345.3555.0563.5682.0186.79
Adjusted Net Profit 41.131.818.43846.768.793.684.485.1133
Net Op. Cash Flow (Rs. Cr.) 251.525.548.311216416314871263
Debt to Cash Flow from Ops 101.525.6317.169.123.852.622.652.925.171.9
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.
Sudarshan Chemical Industries Ltd. should be analysed on a Consolidated basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 10%7%4.5%2.1%
Adjusted EPS 14%23.3%12.5%56.4%
Book Value per Share 14.91816.45.8
Share Price 27% 33% 8.8% 19.2%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 22.9813.657.3914.4617.4923.8126.9520.5616.8922.79
Operating Profit Margin (%) 11.9910.729.1112.1110.7312.0313.612.7212.7214.58
Net Profit Margin (%) 5.673.982.113.393.834.876.255.135.087.79
Debt to Equity 1.171.52.141.991.651.371.140.980.650.83
Working Capital Days 189219225197202193194195221249
Cash Conversion Cycle 991121141101089069617376
Corporate Governance What do we look at?
Corporate Governance
Board Credentials
Promoter's holding
Transparency
Integrity
Entity Percentage Holding
Promoters 42.66%
Institutions 12.38%
Non-Institutions 44.96%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

MoneyWorks4Me analysed the past 10-year performance of Sudarshan Chemical Industries Ltd. and arrived at the following conclusion:

Past 10 year's financial track record indicates that Sudarshan Chemical Industries Ltd. is a good quality company. However, for specific investment actions please connect with your investment advisor.

The 5-year analysis of Sudarshan Chemical Industries Ltd.'s performance infers:

Sudarshan Chemical Industries Ltd. earnings have grown by 23.3%, whereas share price has appreciated 33% 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 Sudarshan Chemical Industries Ltd. share prices over the last 10 years. Here is what we found out:

Sudarshan Chemical Industries Ltd. share price has appreciated 21.6% annually over the past ten years.

Sudarshan Chemical Industries company was incorporated on  February 19, 1951 at Pune as a private limited company and converted into a public limited company on December 31, 1974.

Sudarshan Chemical Industries is owned by the Rathi group of companies and accounts for 70% of the Rathi group sales revenue each year. Sudarshan’s color and effect pigment business is the flagship of the group, contributing 67% of Sudarshan’s group turnover, $85 million.

The company makes

Sudarshan Chemical Industries company was incorporated on  February 19, 1951 at Pune as a private limited company and converted into a public limited company on December 31, 1974.

Sudarshan Chemical Industries is owned by the Rathi group of companies and accounts for 70% of the Rathi group sales revenue each year. Sudarshan’s color and effect pigment business is the flagship of the group, contributing 67% of Sudarshan’s group turnover, $85 million.

The company makes all its products in-house on its own production plants in Roha and Mahad, in the Maharastra state of India.Its extensive range of products includes organic and inorganic pigments, mica-based effect pigments, chemical intermediates and pesticides.

They have a continuous R&D programme, with over 100 technologists working on new and customised solutions.

It was the first chemical company in India to be awarded the ISO 9001 certificate in 1993 and continuously evolve and improve itself throughout to maintain high quality standards at every level of the company. It is also accredited with ISO 14001, ISO 18000 and ISO 17025 international quality standards.

In order to improve the customer service, they have implemented many planning tools like SAP and CRM that connect our factories, branch offices and depots. Supply chain solutions are currently being implemented to further increase the value of their goods.

Product range of the company includes:Color product

  • Plastics
  • Industrial coatings
  • Decorative paints
  • Powder castings
  • Liquid inkss
  • Offset inks
  • Textile
  • Cosmetics

Effect product

  • Industrial coatings
  • Powder castings
  • Offset inks
  • Textile
  • Cosmetics
  • Architectural coatings
  • Automotive coatings
  • Leather coatings
  • Seed coatings
  • Bead coatings

Achievements/ recognition:

Certification:

  • ISO 9001
  • ISO 17025:2005
  • ISO 14001
  • ISO 18001: OHSAS
  • In 2012 Sudarshan got 5 Star safety ranking from British Safety Council
    Sudarshan got Award of Sword of Honour from British Safety Council
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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