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Laffans Petrochemicals Ltd. Stock Analysis

Small Cap
Evaluated by 81 users | BSE: 524522 | NSE: |
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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...

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
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 8.84%9.64%0.24%1.26%-5.59%-3.02%-2.65%-1.48%-2.06%-2.53%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 2072550.95.7440.70.421.63.8
Y-o-Y Gr. Rt.-23.4%-99.7%565.1%668.7%-98.5%-36.9%382.9%-21.7%143.2%
Adjusted EPS (Rs.) 4.124.990.170.79-3.76-2.02-1.78-1.11-1.61-2
Y-o-Y Gr. Rt.-21.1%-96.6%364.7%-576%NANANANANA
Book Value per Share (Rs.) 57.1162.158.4967.4867.046767.2375.9876.8275.76
Adjusted Net Profit 3.340.10.6-3-1.6-1.4-0.9-1.3-1.6
Net Op. Cash Flow (Rs. Cr.) -1.56.350.3-7.2-6.2-1.2-1.1-2.7-1.66.5
Debt to Cash Flow from Ops -18.893.74000000-0.280
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.
Laffans Petrochemicals Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -35.9%-38.8%109.5%143.2%
Adjusted EPS -192.3%NANANA
Book Value per Share 3.22.54.1-1.4
Share Price -0.4% 7.1% -16.9% 43.4%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 7.488.370.291.25-5.6-3.02-2.66-1.55-2.11-2.62
Operating Profit Margin (%) 4.663.86-180.03-24.87-10.5-414.06-663.49-151.74-162.25-57.03
Net Profit Margin (%) 1.591.5716.0911.04-6.85-248.58-352.28-44.92-83.25-42.34
Debt to Equity 0.610.480000000.010
Working Capital Days 998613,9875771419,67514,5742,1722,056914
Cash Conversion Cycle 53488,095109332,2502,61929315965
Entity Percentage Holding
Promoters 54.62%
Institutions 0.13%
Non-Institutions 45.25%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Laffans Petrochemicals Ltd.'s performance infers:

Laffans Petrochemicals Ltd. earnings have grown by 0%, whereas share price has appreciated 7.1% 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 Laffans Petrochemicals Ltd. share prices over the last 10 years. Here is what we found out:

Laffans Petrochemicals Ltd. share price has appreciated -8.8% annually over the past ten years.

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

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.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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