Laffans Petrochemicals Ltd Stock Analysis

BSE: 524522 | NSE: | Trading | Small Cap

BSE Share Price Jan 18, 18:01
41.25 1.95 (4.96%)

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10 Year X-Ray of Laffans Petrochem:

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

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 0.2%1.3%-5.6%-3%-2.7%-1.5%-2.1%-2.5%-1.8%4.2%-
Value Creation Index -1.0-0.9-1.4-1.2-1.2-1.1-1.2-1.2-1.1-0.7-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 0.95.7440.70.421.63.812.216.822
YoY Gr. Rt. %-565.1%668.7%-98.5%-36.9%382.9%-21.7%143.2%223.1%37.9%-
Adj EPS 0.20.8-3.8-2-1.8-1.1-1.6-2-1.42.91.5
YoY Gr. Rt. %-364.7%-576%NANANANANANANA-
BVPS (₹) 58.567.5676767.27676.875.870.87576.3
Adj Net Profit 0.10.6-3-1.6-1.4-0.9-1.3-1.6-1.12.41
Cash Flow from Ops. 50.3-7.2-6.2-1.2-1.1-2.7-1.66.5-0.4-0.5-
Debt/CF from Ops. 000000-0.3000-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales 39.1%110.1%121.3%37.9%
Adj EPS 37.3%NANANA
BVPS 2.82.2-0.85.9
Share Price 13.6% 22.5% 22.2% 190.5%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 0.31.3-5.6-3-2.7-1.6-2.1-2.6-1.942
Op. Profit Mgn % -180-24.9-10.5-414.1-663.5-151.7-162.3-57-9.7-5.9-6.1
Net Profit Mgn % 16.111-6.9-248.6-352.3-44.9-83.3-42.3-8.9145.5
Debt to Equity 00000000000
Working Cap Days 13,9875771419,67514,5742,1722,056914272230103
Cash Conv. Cycle 8,095109332,2502,619293159711330

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 2.00%

Sales growth is growing at healthy rate in last 3 years 121.31%

Sales growth is good in last 4 quarters at 78.73%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Laffans Petrochemicals Ltd.

Standalone Consolidated
TTM EPS (₹) 1.5 -
TTM Sales (₹ Cr.) 21.7 -
BVPS (₹.) 76.3 -
Reserves (₹ Cr.) 53 -
P/BV 0.54 -
PE 27.71 -
From the Market
52 Week Low / High (₹) 13.02 / 47.90
All Time Low / High (₹) 2.00 / 54.00
Market Cap (₹ Cr.) 33
Equity (₹ Cr.) 8
Face Value (₹) 10
Industry PE 82.5

Management X-Ray of Laffans 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

Analyst's Notes

News

About Laffans Petrochemicals Ltd

Laffans Petrochemicals Limited was set up in 1994 to manufacture ethylene oxide derivatives such as Ethoxylates, Propoxylates, Glycol Ethers, Acetates, Ethanol Amine, and Brake fluids is located in Ankleshwar, Gujarat. Subsequently it entered into technical collaboration with Akzo Nobel for textiles spin finishes

The plant set up under technical assistance of Reliance Industries Ltd is in proximity to E.O supply from Reliance, Hazira. This ensures uninterrupted supply of its basic feedstock which cannot be imported due to its hazardous nature. LPL maintains its own fleet of specially fabricated E.O tankers, and is currently the largest buyer of Ethylene Oxide in the country.

The unit has commissioned India's largest loop reactor with state-of-the-art - controlled system from Rose Mount for consistent quality, This ensures a faster reaction rate and minimum residence time of un reacted EO, which results in high purity ethoxylates with low color, odor and aldehides. The minimum free EO and Dioxane content eliminates interface in the subsequent application.

This multipurpose unit is geared to produce Polyethylene Glycols and EO condensates of Alkyl Phenols, Fatty Alcohols, Fatty Acids and Natural Oils also manufacture Esters of stearates & oleates, EO PO Copolymers, Ethanol Amines such as MEA, DEA, TEA. The unit also produce APO free (Non Alkyl Phenol i.e. NP/OP free) ethoxylates as per international requirement. These are highly biodegradable, low foaming, high performance wetting agent cum detergent totally stable in hard water and mild to skin. This comprehensive range of Ethoxylates is widely used in agrochemicals, textiles, paints, lubricants, detergents, pharmaceuticals and personal care products.

The unit has expanded its Glycol Ethers and acetates capacity from 15,000 to 30,000 TPA. LPL is the only Butyl Glycol and Methyl Glycol manufacturer in India along with their respective acetates. LPL also produces 'THEIC'-(based on BASF process know how),-a unique Surfactant for the wire enameling industry. The unit has commenced the expansions of Ethanol Amines 10000 TPA.

Product range of the company includes:

  • Ethoxylates
  • Glycol Ethers 
  • Glycol Ether/ Acetates 
  • Agrochemical Emulsifiers
  • Phenoxy Ethanol 
  • Styrenated Phenol 
  • Poly Ethylene Glycol
  • Tri Ethanol Amine 
  • Brake Fluid 
  • THEIC 
  • TEA 
  • Textile Chemical
  • Ethanol Amines
  • Paint Applications
  • Propoxylates

Achievements/ recognition:

  • An ISO 9001:2000 company certified by TUV management service Gmbh.
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