Assam Petrochemicals Ltd - Stock Valuation and Financial Performance

BSE: 506267 | NSE: | Petrochemicals | Small Cap

BSE Share Price
Not Listed

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Assam Petrochemicals stock performance -

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P/E Ratio (SA):
0.32
Market Cap:
7.2 Cr.
52-wk low:
7.9
52-wk high:
7.9

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of Assam Petrochem:

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 10.8%-8.1%-33.5%5.1%16.9%4.3%-2.2%0.7%1.6%-4.5%-
Value Creation
Index
-0.2-1.6-3.4-0.60.2-0.7-1.2-1.0-0.9-1.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 99.385.774.486.395.311283.192.5126104126
Sales YoY Gr.--13.7%-13.1%15.9%10.5%17.1%-25.6%11.4%36.2%-17.4%-
Adj EPS 10.3-7.1-24.33.111.20.3-0.30.10.4-1.124.9
YoY Gr.--169.2%NANA257%-97.4%-206.9%NA207.1%-348.8%-
BVPS (₹) 90.9846063.267.710.51010.110.59.387.4
Adj Net
Profit
9.4-6.5-22.22.910.212.3-15.3721.2-66.623
Cash Flow from Ops. 3.2-17.7-234.18.1-96.1-68.8-29.7263.6-
Debt/CF from Ops. 00000-0.6-5.9-23.3450.914.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 0.5%1.8%7.8%-17.4%
Adj EPS -177.8%-162.5%NA-348.8%
BVPS-22.3%-32.7%-2.1%-11.3%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
10.6-8.1-33.55.116.94.8-3.21.44.1-12.151.4
Op. Profit
Mgn %
7.3-13.8-33.41.19.68.3-27.61.813.8-67.4-33.4
Net Profit
Mgn %
9.5-7.6-29.83.310.711-18.47.616.8-64.118
Debt to
Equity
000000.10.81.41.71.60
Working Cap
Days
961081139091104366546441538177
Cash Conv.
Cycle
535560585850818766-54133

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

Net Profit has been subdued in last 3 years %

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

Latest Financials - Assam Petrochemicals Ltd.

Standalone Consolidated
TTM EPS (₹) 24.9 -
TTM Sales (₹ Cr.) 126 -
BVPS (₹.) 87.4 -
Reserves (₹ Cr.) 71 -
P/BV 0.09 -
PE 0.32 -
From the Market
52 Week Low / High (₹) 7.86 / 7.86
All Time Low / High (₹) 5.10 / 7.86
Market Cap (₹ Cr.) 7.2
Equity (₹ Cr.) 9.1
Face Value (₹) 10
Industry PE 38

Management X-Ray of Assam Petrochem:

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

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Analyst's Notes

Key Ratios of Assam Petrochem

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
Sales99.2785.6574.4286.2695.29111.5783.0592.48125.93104.06
Operating Expenses 92.0697.4999.2885.3086.11102.27105.9990.79108.52175.20
Manufacturing Costs13.9213.7815.2814.1917.7417.1017.2815.2518.4422.22
Material Costs32.2843.6043.9130.5827.6936.6937.2625.9129.0793.22
Employee Cost 37.0131.7933.2232.8735.5540.6343.9643.3152.2744.90
Other Costs 8.848.336.877.665.137.867.486.318.7414.86
Operating Profit 7.21-11.85-24.860.969.189.30-22.931.6917.41-71.14
Operating Profit Margin (%) 7.3%-13.8%-33.4%1.1%9.6%8.3%-27.6%1.8%13.8%-68.4%
Other Income 6.907.434.603.484.487.058.176.614.574.08
Interest 0.2100.020.0100.020000
Depreciation 2.401.501.291.361.472.102.241.802.201.94
Exceptional Items 0.010.0100-6.83-7.515.681.742.130
Profit Before Tax 11.51-5.91-21.573.075.366.72-11.318.2421.91-69.01
Tax 2.130.570.620.21-0.08-0.310.02-0.02-0.77-1.64
Profit After Tax 9.38-6.48-22.192.865.447.03-11.338.2622.68-67.36
PAT Margin (%) 9.5%-7.6%-29.8%3.3%5.7%6.3%-13.6%8.9%18.0%-64.7%
Adjusted EPS (₹)10.3-7.1-24.33.16.00.2-0.20.20.5-1.1
Dividend Payout Ratio (%)12%0%0%0%0%0%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 83.8777.2855.0957.9563.39451.42495.16501.08523.76579.26
Share Capital 9.139.139.139.139.13431.17497.17497.17497.17620.03
Reserves 74.7468.1645.9648.8254.2620.26-23.9226.59-40.77
Minority Interest0000000000
Debt0000052.56408.40692.48901.82866.97
Long Term Debt0000052.56386.16691.36866.50862.73
Short Term Debt00000022.241.1135.324.23
Trade Payables4.506.055.515.285.065.9916.984.836.74127.85
Others Liabilities 33.5326.1043.3846.14104.0822.6059.3071.2054.18117.71
Total Liabilities 121.89109.43103.98109.37172.52532.57979.851,269.581,486.501,691.79

Fixed Assets

Gross Block78.3978.3979.4480.3980.9685.3886.4096.0790.5088.69
Accumulated Depreciation63.1764.3565.4466.5867.6669.0470.7472.3366.7671.54
Net Fixed Assets15.2314.0414.0113.8213.3016.3415.6623.7423.7417.15
CWIP 3.645.6416.6228.5076.24300.097091,012.831,208.131,493.25
Investments 0000000000
Inventories10.1211.1010.2610.078.529.5712.2711.7814.2617.79
Trade Receivables4.563.493.226.685.137.407.7512.107.148.95
Cash Equivalents 73.8560.1649.4243.2357.61175.21128.2583.1199.9727.90
Others Assets14.501510.467.0811.7323.97106.93126.03133.26126.76
Total Assets 121.89109.43103.98109.37172.52532.57979.851,269.581,486.501,691.79

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 3.16-17.72-23.014.128.06-96.12-68.76-29.70263.64
PBT 11.51-5.91-21.573.075.366.72-10.095.9222.68-67.36
Adjustment -3.48-5.74-2.85-0.94-2.313.38-4.23-7.88-1.2110.24
Changes in Working Capital -0.8-5.162.280.614.12-106.22-54.35-27.73-19.47120.76
Tax Paid -4.07-0.91-0.871.380.880-0.09000
Cash Flow From Investing Activity 3.084.71-7.73-10.31-45.12-219.84-400.04-306.89-194.48-285.64
Capex 00.52000-3.040.69-2.30-2.21-2.10
Net Investments 0000000000
Others 3.084.19-7.73-10.31-45.12-216.80-400.73-304.59-192.27-283.54
Cash Flow From Financing Activity -1.06-0.6820051.44433.56421.84291.44209.34149.92
Net Proceeds from Shares 000051.443816600122.86
Net Proceeds from Borrowing 0000052.56355.84284.08209.3422.83
Interest Paid 0000000000
Dividend Paid -1.06-1.3300000000
Others 00.662000007.3604.23
Net Cash Flow 5.18-13.68-10.75-6.1914.38117.60-46.96-45.1416.86-72.07
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)11.93-8.12-33.785.099.112.75-2.41.664.43-12.22
ROCE (%)13.44-7.41-32.815.478.982.39-1.610.791.67-4.7
Asset Turnover Ratio0.930.830.80.90.680.320.110.080.090.07
PAT to CFO Conversion(x)0.34N/AN/A1.441.48-13.67N/A-3.60.09N/A
Working Capital Days
Receivable Days20151419232033392828
Inventory Days33404639363048473856
Payable Days000000000501

Assam Petrochemicals Ltd Stock News

Assam Petrochemicals Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Assam Petrochem 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 01-Jan-1970 05:30 the market cap of Assam Petrochem stood at ₹7.17.
The latest P/E ratio of Assam Petrochem as of 01-Jan-1970 05:30 is 0.32.
The latest P/B ratio of Assam Petrochem as of 01-Jan-1970 05:30 is 0.09.
The 52-week high of Assam Petrochem is ₹7.86 and the 52-week low is ₹7.86.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Assam Petrochem is ₹125.9 ( Cr.) .

About Assam Petrochemicals Ltd

Assam Petrochemicals, incorporated in 1971, is engaged in the business of manufacturing methanol and formalin. The company was set up with an objective of utilizing reserves of natural gas in the upper Assam oil fields and also to cater the requirement of methanol and formalin.

The company was set up by state government of Assam with joint participation of Assam Industrial Development Corporation (AIDC) and the public. Primarily, it started with manufacturing of petrochemicals using natural gas as a feedstock. The company started with a methanol plant with formaldehyde and a few urea formaldehyde resins.

For this company sourced technology from Mitsubishi Gas Chemicals Co Japan. Commercial production of plant started in 1976.

Later in 1989, the company established a methanol plant of 100TPD capacity to meet growing demand. For this company sourced technology from UK-based ICI. In the year 1989 the company set up a 100 TPD formaldehyde plant for which the technology was sourced from Derivados Forestales of Nederland.

The company is marketing it products in Bengal, Delhi, Haryana, Uttaranchal, Bihar, Nepal, Bhutan, etc. Assam Petrochemicals is the first company in the north eastern region to float a public issue. The company is listed on the Bombay Stock Exchange and the Guwahati Stock Exchange.

The company has a manufacturing capacity of 100 TPD of methanol and formalin each. Thus the annual production of these products is 33,000 tonnes each.

Products

Methanol- Methanol, or methyl alcohol, is a transparent liquid with typical smell of alcohol, highly inflammable and poisonous. This product can be converted into various industrial chemicals such as formaldehyde, DMT (polyester intermediary), fertilizers, pesticides, drugs, MTBE, paints, methylamine and bio diesel.

Formalin- This is a pungent smelling toxic liquid used by various plywood industries for making adhesive resins, laminate manufacturers, MDF making, destuff, pntaerythritol and hxamine.

Future Plans

Assam Petrochemicals plans to increase its production capacity of its methanol plant by 30%, which would require an investment of Rs 30 crore; and 25% of its formaldehyde plant with capital investment of Rs 4 crore.

The company plans to set up a captive power unit comprising two gas turbines of 3.5 MW each.

Assam Petrochemicals plans to set up a 500TPD methanol plant that is estimated to require an capital investment of Rs.600 crore.

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