Pondy Oxides & Chemicals Ltd - Stock Valuation and Financial Performance

BSE: 532626 | NSE: POCL | Metal - Non Ferrous | Small Cap

Pondy Oxides & Chem. Share Price

661 -11.20 -1.67%
as on 18-Apr'24 16:01

DeciZen - make an informed investing decision on Pondy Oxides & Chem.

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Pondy Oxides & Chemicals stock performance -

mw4me loader
P/E Ratio (SA):
18.85
Market Cap:
781.4 Cr.
52-wk low:
323.8
52-wk high:
905.9

Is Pondy Oxides & Chemicals Ltd an attractive stock to invest in?

1. Is Pondy Oxides & Chemicals Ltd a good quality company?

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

2. Is Pondy Oxides & Chemicals Ltd undervalued or overvalued?

The key valuation ratios of Pondy Oxides & Chemicals Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Pondy Oxides & Chemicals Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Pondy Oxides & 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 Pondy Oxides & Chem.:

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.
Pondy Oxides & 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 % 9.2%11.3%15.2%22.7%17.2%15.6%9.9%5.4%17.2%14.8%-
Value Creation
Index
-0.4-0.20.10.60.20.1-0.3-0.60.20.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 4483734667599401,0491,2201,0041,4551,4721,603
Sales YoY Gr.--16.8%24.9%62.9%23.8%11.6%16.3%-17.7%44.9%1.2%-
Adj EPS 25.99.724.925.528.914.18.740.740.335.7
YoY Gr.-188.2%64.3%158.1%2.3%13.3%-51.3%-38.3%368.7%-1.1%-
BVPS (₹) 17.228.435.964.188.5116.9129.4138.8179.1218.6237
Adj Net
Profit
4.66.610.827.828.432.216.410.147.446.841
Cash Flow from Ops. 8.344.9-10-7.2-19.523.3135-90.663.264.7-
Debt/CF from Ops. 9.11.3-8.3-15.2-7.56.10.4-1.61.72.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 14.1%9.4%6.5%1.2%
Adj EPS 39.3%9.6%42%-1.1%
BVPS32.6%19.8%19.1%22.1%
Share Price 48.1% 30.8% 81% 98.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
1218.63049.833.428.111.76.525.620.315.7
Op. Profit
Mgn %
3.54.75.97.46.16.23.22.55.45.54.9
Net Profit
Mgn %
11.82.33.733.11.313.33.22.6
Debt to
Equity
21.82.11.51.51.10.40.90.50.6-
Working Cap
Days
7683736371795874656832
Cash Conv.
Cycle
5151444660664863565812

Recent Performance Summary

Net Profit is growing at healthy rate in last 3 years 41.96%

Debt to equity has declined versus last 3 years average to 0.56

Sales growth is good in last 4 quarters at 12.58%

Return on Equity has declined versus last 3 years average to 15.60%

Sales growth has been subdued in last 3 years 6.45%

Latest Financials - Pondy Oxides & Chemicals Ltd.

Standalone Consolidated
TTM EPS (₹) 35.7 52.8
TTM Sales (₹ Cr.) 1,603 1,616
BVPS (₹.) 237 239.9
Reserves (₹ Cr.) 264 267
P/BV 2.84 2.80
PE 18.85 12.74
From the Market
52 Week Low / High (₹) 323.75 / 905.90
All Time Low / High (₹) 4.55 / 905.90
Market Cap (₹ Cr.) 781
Equity (₹ Cr.) 11.6
Face Value (₹) 10
Industry PE 14.8

Management X-Ray of Pondy Oxides & Chem.:

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 Pondy Oxides & Chem.

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
Sales4483734667599401,0491,2201,0041,4551,472
Operating Expenses 4353564397058829841,1849801,3771,392
Manufacturing Costs177711152118174252
Material Costs3973394186758459341,1299321,2951,299
Employee Cost 8468121519162022
Other Costs 12681191318142019
Operating Profit 13172754586536247780
Operating Profit Margin (%) 3.0%4.5%5.7%7.1%6.2%6.2%3.0%2.4%5.3%5.4%
Other Income 1211244354
Interest 87810121211598
Depreciation 22444588910
Exceptional Items 0003000000
Profit Before Tax 4101644445221146466
Tax 136161518531617
Profit After Tax 371028293416114849
PAT Margin (%) 0.6%1.8%2.2%3.7%3.1%3.2%1.3%1.1%3.3%3.3%
Adjusted EPS (₹)1.36.09.125.426.230.214.19.341.542.3
Dividend Payout Ratio (%)40%17%11%6%6%7%11%13%6%12%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 3932407199130150161208254
Share Capital 116666666612
Reserves 2726356693125145156202243
Minority Interest0000000000
Debt74578010614214051144107142
Long Term Debt101216158472096
Short Term Debt644563911351364412498136
Trade Payables1515174345888
Others Liabilities 108151067135628
Total Liabilities 137112152192251281219318328432

Fixed Assets

Gross Block382539283845808196138
Accumulated Depreciation161013371219283642
Net Fixed Assets22152625303361546096
CWIP 31113212637
Investments 10022200040
Inventories393059719711071124146151
Trade Receivables483038639189571098799
Cash Equivalents 5626249120
Others Assets18192623264319262939
Total Assets 137112152192251281219318328432

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 845-10-7-1923135-916365
PBT 4101644445221146466
Adjustment 1281213151618131717
Changes in Working Capital -629-34-50-59-25100-115-31
Tax Paid -1-2-4-14-20-19-4-3-15-19
Cash Flow From Investing Activity -2-8-3-9-3-8-35-3-14-90
Capex -1-1-14-6-8-6-35-6-14-52
Net Investments 000-34-202-1-38
Others 0-7110110000
Cash Flow From Financing Activity -13-3691623-16-9588-4825
Net Proceeds from Shares 0000008000
Net Proceeds from Borrowing 2-55-2-7-4313-11-3
Interest Paid -8-7-8-9-11-11-10-5-8-7
Dividend Paid -1-1-1-1-2-2-50-1-3
Others -5-231428432-9280-2738
Net Cash Flow -61-40005-61-1
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)7.4819.1528.2550.7634.329.4511.646.9126.1221.29
ROCE (%)11.1116.4922.2635.6426.1724.5713.267.4723.4820.8
Asset Turnover Ratio3.583.273.844.744.313.954.883.744.53.87
PAT to CFO Conversion(x)2.676.43-1-0.25-0.660.688.44-8.271.311.33
Working Capital Days
Receivable Days38352523293122302523
Inventory Days25313229323627353437
Payable Days1316146211222

Pondy Oxides & Chemicals Ltd Stock News

Pondy Oxides & Chemicals Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Pondy Oxides & Chem. on 18-Apr-2024 16:01 is ₹661.0.
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 18-Apr-2024 16:01 the market cap of Pondy Oxides & Chem. stood at ₹781.4.
The latest P/E ratio of Pondy Oxides & Chem. as of 18-Apr-2024 16:01 is 18.85.
The latest P/B ratio of Pondy Oxides & Chem. as of 18-Apr-2024 16:01 is 2.84.
The 52-week high of Pondy Oxides & Chem. is ₹905.9 and the 52-week low is ₹323.8.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Pondy Oxides & Chem. is ₹1,603 ( Cr.) .

About Pondy Oxides & Chemicals Ltd

Incorporated in March 1995 as a public limited company by dynamic entrepreneurs with 30 years of experience, Pondy Oxides & Chemicals (POCL) is one of the India's leading metallic oxides and plastic additives producers.

POCL is a diversified company with its presence in the metals, metallic oxides, PVC stabilizers and lead acid batteries. POCL is headquartered in Chennai and listed on Bombay Stock Exchange (BSE), Madras Stock Exchange [MSE] and Coimbatore Stock Exchange (CSE)

POCL’s technology scenario is a rich blend of both self-developed and acquired knowhow. Keeping abreast of technological development thereby reaping the spin-off benefits of the blend with the ability to rapidly harness different technologies..

The company has also promoted a subsidiary company by the name Baschem Pharma at Maraimalai Nagar in Tamil Nadu to manufacture liquid stabilizers Epoxy oil and paint driers.

The company works under four different divisions:

  • Metallic Oxides Division
  • PVC Stabilisers Division
  • Smelter Division
  • Zinc Division

Product range of the company includes:

Metallic Oxides Division

  • Zinc Oxide
  • Litharge: Lead Monoxide
  • Lead sub oxide: (Grey Oxide)
  • Red lead

PVC Stabilisers Division

  • Lead Based Stabiliser
  • Liquid Stabiliser
  • Paint Driers
  • Metallic Stearates
  • Plasticiser and Lubricants
  • Process Adjuvant

Achievements/ recognition:

  • An ISO 9001-2000 certified company
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.