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Kothari Petrochemicals Ltd - Stock Valuation and Financial Performance

BSE: 532096 | NSE: KOTHARIPET | Petrochemicals | Small Cap

BSE Share Price
Not Listed

Kothari Petrochemicals Ltd - Stock Valuation and Financial Performance

BSE: 532096 | NSE: KOTHARIPET | Petrochemicals | Small Cap

DeciZen - make an informed investing decision on Kothari Petrochem

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

Kothari Petrochemicals stock performance -

mw4me loader
P/E Ratio (SA):
15.89
Market Cap:
1,045.6 Cr.
52-wk low:
0
52-wk high:
0

Is Kothari Petrochemicals Ltd an attractive stock to invest in?

1. Is Kothari Petrochemicals Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Kothari Petrochemicals Ltd is a good quality company.

2. Is Kothari Petrochemicals Ltd undervalued or overvalued?

The key valuation ratios of Kothari Petrochemicals Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Kothari Petrochemicals Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Kothari Petrochemicals Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Kothari 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.
Kothari Petrochemicals Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 22.6%17.8%12.1%14.6%16.9%24.1%28%32%30.3%41.8%-
Value Creation
Index
0.60.3NANANANANANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 279214219195300273227382482596577
Sales YoY Gr.--23.5%2.8%-11.3%54%-8.9%-17%68.2%26.4%23.6%-
Adj EPS 1.81.40.91.522.93.75.76.310.311.2
YoY Gr.--20%-38.2%71.9%32.7%40.4%30.5%52.7%10.4%64.6%-
BVPS (₹) 10.911.31213.314.51720.926.432.641.852
Adj Net
Profit
10.68.55.291216.821.933.536.960.766
Cash Flow from Ops. 14.415.83.515.727.526.530.318.526.271.5-
Debt/CF from Ops. 1.61.19.72.110.20.10.60.90-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 8.8%14.7%38%23.6%
Adj EPS 21.4%38.4%40.5%64.6%
BVPS16.1%23.7%26.1%28.4%
Share Price - 62.4% 30.6% 15.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
16.812.97.61214.618.119.62421.227.723.8
Op. Profit
Mgn %
6.67.15.59.17.110.11513.111.816.113.2
Net Profit
Mgn %
3.842.44.646.19.78.87.710.211.4
Debt to
Equity
0.40.30.50.40.30.100.10.100
Working Cap
Days
5360557954556653605942
Cash Conv.
Cycle
23211420116511222228

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 37.98%

Net Profit is growing at healthy rate in last 3 years 40.51%

Return on Equity has declined versus last 3 years average to 23.80%

Sales growth is not so good in last 4 quarters at 1.33%

Latest Financials - Kothari Petrochemicals Ltd.

Standalone Consolidated
TTM EPS (₹) 11.2 1.6
TTM Sales (₹ Cr.) 577 214
BVPS (₹.) 52 0
Reserves (₹ Cr.) 247 9
P/BV 3.42 0.00
PE 15.89 109.58
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) 0.65 / 9.50
Market Cap (₹ Cr.) 1,046
Equity (₹ Cr.) 58.9
Face Value (₹) 10
Industry PE 38.3

Management X-Ray of Kothari 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

No data found!

Key Ratios of Kothari Petrochem

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales214219195300273227382482596577
Operating Expenses 198208177279246193332425500497
Manufacturing Costs21243534393651646564
Material Costs154159120216172129247318376372
Employee Cost 10121212131516172729
Other Costs 13121016221318273232
Operating Profit 15121821283450579680
Operating Profit Margin (%) 7.1%5.5%9.1%7.1%10.1%15.0%13.0%11.8%16.1%13.9%
Other Income 33223456812
Interest 1213211311
Depreciation 3345666788
Exceptional Items 000010-2100
Profit Before Tax 14101416243146559582
Tax 54546913163116
Profit After Tax 961012182333396466
PAT Margin (%) 4.3%2.6%4.9%4.1%6.7%9.9%8.6%8.1%10.7%11.4%
Adjusted EPS (₹)1.61.01.62.13.13.85.66.710.811.2
Dividend Payout Ratio (%)64%25%46%24%0%0%0%19%16%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 67717985100123156192247306
Share Capital 59595959595959595959
Reserves 8121926416497133187247
Minority Interest0000000000
Debt183428220181500
Long Term Debt091050181500
Short Term Debt18251817000000
Trade Payables15171924252833354345
Others Liabilities 11111818201826282928
Total Liabilities 110133144150146171223270319378

Fixed Assets

Gross Block6949859397117100134148236
Accumulated Depreciation173610152123283340
Net Fixed Assets53477983839677106115195
CWIP 26010318312
Investments 6161617201533417440
Inventories9111110111826333141
Trade Receivables16202222211929475952
Cash Equivalents 1624282159151217
Others Assets71014108531252831
Total Assets 110133144150146171223270319378

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 1641628263019267259
PBT 14101416243146559582
Adjustment 1245545431
Changes in Working Capital 5-611033-20-200-5
Tax Paid -4-2-3-4-6-8-13-13-27-19
Cash Flow From Investing Activity 4-8-29-8-4-14-32-26-44-43
Capex 000-10-2-5-20-20-15-86
Net Investments 660-1-4-11-17-7-2937
Others -1-14-292235005
Cash Flow From Financing Activity -1313-8-14-11-485-33-7
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 091-5-5-3911-220
Interest Paid -1-1-1-3-200-2-1-1
Dividend Paid -7-1-1-4-300-3-9-6
Others -57-7-2-1-1-1-10-1
Net Cash Flow 79-2251113-65-68
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)14.068.4912.8714.9119.8120.2523.6422.5729.1323.85
ROCE (%)17.8312.114.6316.924.132831.9630.341.7630.15
Asset Turnover Ratio2.042.011.442.041.851.431.941.952.021.66
PAT to CFO Conversion(x)1.780.671.62.331.441.30.580.671.130.89
Working Capital Days
Receivable Days32273827293223293235
Inventory Days15152013142321222023
Payable Days33365436527545393843

Kothari Petrochemicals Ltd Stock News

Kothari Petrochemicals Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Kothari 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 Kothari Petrochem stood at ₹1,045.6.
The latest P/E ratio of Kothari Petrochem as of 01-Jan-1970 05:30 is 15.89.
The latest P/B ratio of Kothari Petrochem as of 01-Jan-1970 05:30 is 3.42.
The 52-week high of Kothari Petrochem is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kothari Petrochem is ₹577.3 ( Cr.) .

About Kothari Petrochemicals Ltd

Kothari Petrochemicals Ltd. is a part of the renowned HC Kothari Group, the largest producer of premium quality Polybutene in India. Since their founding in 1990, the company has enjoyed a strong market position in India with a rapidly growing brand across the globe that represents quality, customer responsiveness, dependability and a commitment to the environment.

In the financial year 2007-2008, Kothari Petrochemicals commissioned a second plant in Manali that doubled their production capacity to 22,000 MT per annum in order to supply Polybutene worldwide. They have offices in Chennai, Manali, Mumbai and Belgium, and supply to customers in 20 countries around the world. In the year 2007-2008, the company undertook aggressive restructuring of its leadership team, business processes and culture to strengthen its position as a trusted brand worldwide. The restructuring actions have resulted in improved operating efficiency, superior global consistency, and strengthened financial performances. They have metamorphosed from a regional company to a global business and continue to implement best practices that are shared and implemented globally. Innovation and technology improvements remain the industry’s most critical competitive factor. Continued investment and acceleration in them have resulted in high quality levels of their products that are unmatched in India, and at parity with the leading global suppliers of polybutene. An ISO 9000 and ISO 14000 certification only adds value to their statement. The company's products have been tested and certified by major customers, such as Infineum, Lubrizol, Shell and Exxon, and are used across a wide range of industries worldwide.  

With every industry, requirements and needs change. Their Polybutene works for various applications in multitudinous industries across the globe. Marketed worldwide under the KVIS brand name, their product has time and again delivered the goods and exceeded their clients’ expectations to no measure.   Kothari Petrochemicals Health, Safety and Environment strategy is based on active involvement of every employee. As part of the HC Kothari Group, which has significant interests in green energy research and development, they are committed to being an environmentally friendly producer of products, which in turn are cleaner and non-toxic.   The versatile applications of the Polybutene (special grades) have incited a potent demand for its derivatives across Asia Pacific, Middle East, Far Eastern Countries and USA. The strongest growth in Polybutene demand is in Asia, a region in which Kothari has grown as a trusted supplier to many large companies, such as Exxon Mobil, Infineum, Chevron, BP Castrol and Lubrizol.

Product range of the company includes:

KVIS is the trade name of polybutene produced by Kothari Petrochemicals. KVIS is a linear polymer of isobutylene of different molecular weights, and possesses excellent resistance to oxidative and thermal degradation. Polybutene is chemically inert, hydrophobic and impermeable to water vapour or gas.

The KVIS is a synthetic liquid polymer, which is a straight chain hydrocarbon structure of polybutene that is produced in a variety of grades through a rigid low temperature polymerization process. It is derived from raw material consisting of mainly Isobutylene. The compact straight chain structure results in brilliant moisture and barrier properties and is soluble in a wide range of organic solvents.

  • KVIS-10
  • KVIS-30
  • KVIS-100
  • KVIS-200

All KVIS grades are colourless (water white), non-staining and have little or no odour and are mostly used in applications where low temperature flexibility is a requirement.

Achievements/ recognition:

  • Quality Management System (ISO 9001:2000)
  • Environmental Management System (ISO 14001: 2004)
  • Kothari Petrochemicals’ “KVIS” brand polybutene products have undergone quality testing and have been approved by numerous international and Indian organizations.
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