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Balaji Phosphates Ltd (BALAJIPHOS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: BALAJIPHOS Fertilizers | Small Cap | Balaji Phosphates Share Price

BSE Share Price
Not Listed

Balaji Phosphates Ltd (BALAJIPHOS)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: BALAJIPHOS Fertilizers | Small Cap | Balaji Phosphates Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹233 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹4
TTM Sales
₹135 Cr.
Book Value per Share
₹32.8
P/E Ratio
24.69
Lower than its 5-year historical median
Industry PE
14.5
Price to Book (P/B)
2.99
Lower than its 5-year historical median
Price to Sales (P/S)
1.72
Lower than its 5-year historical median
EV/EBITDA
14.60
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
13.10%
Outperforms industry median
Return on Capital Employed (ROCE)
15.74%
Outperforms industry median
Return on Assets (ROA)
7.26%
Operating Profit Margin
12.6%
Net Profit Margin
7.39%
Gross Profit Margin
10.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-16.47%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
11.78%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
40.38%
Asset Quality
Promoter Holding
69.90%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹54 Cr.
Equity
₹23.8 Cr.
Face Value
₹10
All Time Low / High
- / -

Balaji Phosphates stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Balaji Phosphates Ltd a good quality company?
Balaji Phosphates Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

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We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

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How does Balaji Phosphates Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Balaji Phosphates Ltd vs industry peers?
Balaji Phosphates Ltd revenue CAGR is 2.01%, compared to the industry median CAGR of 1.18%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Balaji Phosphates Ltd?
Promoters hold 69.90% of the Balaji Phosphates Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Balaji Phosphates Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of -31.43% based on the current price.
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10 Year X-Ray : Login to view analysis.

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.
Balaji Phosphates Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation ⓘ

Mar'22Mar'23Mar'24Mar'25TTM
ROCE % ⓘ16.3%21.8%17.3%15.7%-
Value Creation
Index ⓘ		0.20.60.20.1-

Growth Parameters ⓘ
Sales ⓘ9311211898.7135
Sales YoY Gr.-20.3%5.6%-16.5%-
Adj EPS ⓘ1.53.32.93.14
YoY Gr.-120.7%-11.8%5.1%-
BVPS (₹) ⓘ12.915.918.832.832.8
Adj Net
Profit ⓘ		2.75.95.27.39
Cash Flow from Ops. ⓘ2.1-2.32.6-34.2-
Debt/CF from Ops. ⓘ9.5-11.212.8-0.8-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘNANA2%-16.5%
Adj EPS ⓘNANA27%5.1%
BVPSⓘNANA36.5%74.5%
Share Price - - - -30.5%

Key Financial Parameters ⓘ

Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity % ⓘ		11.72316.913.112.1
Op. Profit
Mgn % ⓘ		7.910.29.412.6NAN
Net Profit
Mgn % ⓘ		2.95.34.47.47
Debt to
Equity ⓘ		0.90.910.4-
Working Cap
Days ⓘ		02262223150
Cash Conv.
Cycle ⓘ		01281442140

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Sales9311211899
Operating Expenses ⓘ + 8610110786
Manufacturing Costs51087
Material Costs66788667
Employee Cost 3113
Other Costs ⓘ 12111110
Operating Profit ⓘ 7111112
Operating Profit Margin (%) 7.9%10.1%9.4%12.6%
Other Income ⓘ + 1002
Exceptional Items ⓘ 0000
Interest ⓘ 3334
Depreciation ⓘ 1111
Profit Before Tax ⓘ 48710
Tax ⓘ 1222
Profit After Tax 3657
PAT Margin (%) 3.1%5.2%4.4%7.4%
Adjusted EPS (₹)1.63.32.93.1
Dividend Payout Ratio (%)0%0%0%0%

Valuation of Balaji Phosphates - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 23283478
Share Capital ⓘ 691824
Reserves ⓘ 17191654
Debt +18243025
Long Term Debt8875
Short Term Debt10152419
Minority Interest0000
Trade Payables131896
Others Liabilities ⓘ 2322109
Total Liabilities ⓘ 779283118

Fixed Assets

Net Fixed Assets ⓘ +7666
Gross Block7788
Accumulated Depreciation0122
CWIP ⓘ 0001
Investments ⓘ 8888
Inventories21392835
Trade Receivables26262842
Cash Equivalents 0211
Others Assets ⓘ 16101226
Total Assets ⓘ 779283118

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity ⓘ + 2-23-34
PBT ⓘ 48710
Adjustment ⓘ 1443
Changes in Working Capital ⓘ -5-13-6-42
Tax Paid ⓘ 2-1-2-5
Cash Flow From Investing Activity ⓘ + -00-75
Capex -00-1-2
Net Investments 00-01
Others ⓘ 00-67
Cash Flow From Financing Activity ⓘ + -23429
Net Proceeds from Shares ⓘ 00042
Net Proceeds from Borrowing ⓘ 100-1
Interest Paid ⓘ -3-3-3-3
Dividend Paid ⓘ 0000
Others ⓘ 067-8
Net Cash Flow ⓘ -01-10

Financial Ratio

PARTICULARSMar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)12.5722.5916.8313.1
ROCE (%)16.2921.7517.2815.74
Asset Turnover Ratio1.21.321.350.98
PAT to CFO Conversion(x)0.67-0.330.6-4.86
Working Capital Days
Receivable Days101.2085.2084.70130.10
Inventory Days81.8098.30104.10115.70
Payable Days73.4072.1055.7040.70

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Balaji Phosphates Ltd FAQs

The current trading price of Balaji Phosphates on 01-Jan-1970 05:30 is ₹0.00.

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 31-Dec-1969 the market cap of Balaji Phosphates stood at ₹233.0 Cr

The latest P/E ratio of Balaji Phosphates as of 31-Dec-1969 is 24.69.

The latest P/B ratio of Balaji Phosphates as of 31-Dec-1969 is 2.99.

The 52-week high of Balaji Phosphates is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Balaji Phosphates is ₹135 ( Cr.) .

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

The key valuation ratios of Balaji Phosphates Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Balaji Phosphates Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Balaji Phosphates Ltd

Balaji Phosphates Limited was originally incorporated as Balaji Phosphates Private Limited on April 4, 1996, through a Certificate of Incorporation issued by the Registrar of Companies, Kanpur, under the provisions of the Companies Act, 1956. Pawan Kumar Agrawal and Sushil Kumar Agrawal were the initial subscribers to the company. In 2014, control of the company was transferred to its current promoters, Mohit Airen and Alok Gupta. Following a Special Resolution passed at an Extraordinary General Meeting (EGM) on September 7, 2023, the company was converted from a private limited company to a public limited company. Concurrently, the company's name was changed to ‘Balaji Phosphates Limited’. Upon this conversion, a new Certificate of Incorporation was issued by the Registrar of Companies, Gwalior, dated September 18, 2023.

The company is engaged in the manufacture and supply of Single Super Phosphate (SSP) in powder and granulated forms, Nitrogen-Phosphorous-Potassium (NPK) Granulated and Mixed Fertilizers and Zinc Sulphate, all conforming to the standards of Fertilizer Control Order of India. It sells its products under the brand names of ‘RATNAM’ and ‘BPPL’ to a diverse range of customers, including retailers, wholesalers and state-owned cooperatives with farmers being the end users of the products. 

Its range of phosphate fertilizers comprising SSP, zinc sulfate, and NPK Granulated & Mix fertilizers - are used in agricultural soils to enhance plant growth and development. SSP addresses phosphorus deficiencies, especially in acidic soils, promoting robust root development and seedling establishment. Zinc sulfate corrects zinc deficiencies in alkaline and sandy soils, enhancing plant health and crop yield. Its NPK fertilizers provide a balanced blend of nitrogen, phosphorus, and potassium for optimal crop growth and improved productivity. In line with the initiatives of the Department of Fertilizers, Government of India, it offers value-added, fortified SSP with zinc and boron to tackle soil deficiencies. Its products cater to farmers in Madhya Pradesh, Chhattisgarh, Maharashtra, Telangana, and Andhra Pradesh, supporting local agricultural growth.

Business area of the company

The company is principally engaged in manufacturing of single super phosphates fertilizers.

Products of the company 

  • Single super phosphates (SSP)
  • Zinc Sulfate
  • NPK granulated and mix fertilizer

History and milestones

  • April 4, 1996: Incorporation of company.
  • March 31, 2014: Change in the Management / promoters of the company.
  • October 05, 2020: Jyoti Weighing Systems Private Limited becomes the company’s subsidiary.
  • September 18, 2023: The company was converted into Public Limited Company vide a fresh certificate of incorporation issued by Registrar of Companies, Gwalior consequent upon conversion from Private Limited to Public Company dated September 18, 2023, in the name of ‘Balaji Phosphates Limited’.

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