Sharda Cropchem Ltd Stock Analysis

BSE: 538666 | NSE: SHARDACROP | Pesticides & Agrochemicals | Small Cap

BSE Share Price 02-Dec-2022 18:01
433.25 15.40 (3.69%)

DeciZen - Make an Informed Decision on Sharda Cropchem

Overall Rating

1. Quality

2. Valuation

Somewhat Undervalued

3. Price Trend

Sharda Cropchem Price Chart

P/E Ratio (SA) :
20.72
Market Cap :
3,908.8 Cr.
52-wk low :
305.1
52-wk high :
767.7
Bole Toh?

1. Is Sharda Cropchem Ltd a good quality company?

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

2. Is Sharda Cropchem Ltd undervalued or overvalued?

The key valuation ratios of Sharda Cropchem Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Sharda Cropchem Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Sharda Cropchem 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 Sharda Cropchem:

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.
Sharda Cropchem 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'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 14.8%15.1%18.3%24.9%23.9%19.4%13.1%19.7%14.5%18.2%-
Value Creation Index 0.10.10.30.80.70.4-0.10.40.00.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 5555417699341,1291,4701,6041,6162,0332,9463,110
YoY Gr. Rt. %--2.5%42.3%21.5%20.8%30.2%9.1%0.8%25.8%45%-
Adj EPS 77.71118.320.921.816262232.620.9
YoY Gr. Rt. %-10.8%42.8%65.9%14.6%4.1%-26.6%62.6%-15.3%48.1%-
BVPS (₹) 50.157.365.181.798.6118.1130145.3166.6191.9187.1
Adj Net Profit 62.869.599.3165189196144234199294189
Cash Flow from Ops. 12214314.2142123-14.651353202277-
Debt/CF from Ops. 002.700-11.6000.30.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 20.4%21.1%22.5%45%
Adj EPS 18.7%9.3%26.9%48.1%
BVPS 16.114.213.915.2
Share Price - -1.5% 26.7% 39%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 14.914.41824.923.220.112.918.914.118.211
Op. Profit Mgn % 2224.521.925.424.724.120.118.218.32117.2
Net Profit Mgn % 11.312.912.917.616.713.4914.59.8106.1
Debt to Equity 000.1000.2000.100
Working Cap Days 284276249304336358361363347306310
Cash Conv. Cycle 11280767472125929310098125

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 22.48%

Net Profit is growing at healthy rate in last 3 years 26.85%

Sales growth is good in last 4 quarters at 35.40%

Return on Equity has declined versus last 3 years average to 11.00%

Latest Financials - Sharda Cropchem Ltd.

Standalone Consolidated
TTM EPS (₹) 20.9 34.8
TTM Sales (₹ Cr.) 3,110 3,860
BVPS (₹.) 187.1 214
Reserves (₹ Cr.) 1,597 1,840
P/BV 2.32 2.02
PE 20.72 12.45
From the Market
52 Week Low / High (₹) 305.05 / 767.70
All Time Low / High (₹) 99.00 / 767.70
Market Cap (₹ Cr.) 3,909
Equity (₹ Cr.) 90.2
Face Value (₹) 10
Industry PE 33.3

Management X-Ray of Sharda Cropchem :

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 Sharda Cropchem

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Sharda Cropchem Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Sharda Cropchem on 02-Dec-2022 18:01 is : 433.2.
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 02-Dec-2022 18:01 the market cap of Sharda Cropchem stood at ₹ 3,908.8.
The latest PE ratio of Sharda Cropchem as of 02-Dec-2022 18:01 is 20.72.
The latest PB ratio of Sharda Cropchem as of 02-Dec-2022 18:01 is 2.32
The 52-week high of Sharda Cropchem is ₹ 767.7 and the 52-week low is ₹ 305.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Sharda Cropchem is ₹ 3,110 ( Cr.) .

About Sharda Cropchem Ltd

Sharda Cropchem was incorporated as Sharda Worldwide Exports on March 12, 2004, in Mumbai, as a private limited company under the Companies Act, 1956. Initially the company began its operations through two sole proprietary firms, each set up by Ramprakash V. Bubna and Sharda R. Bubna. After incorporation as Sharda Worldwide Exports in 2004, the generic agrochemical business and non-agrochemical business conducted by both firms were transferred to the company. The company was converted into a public limited company and changed its name to Sharda Cropchem on September 18, 2013.

Sharda Cropchem is a crop protection chemical company engaged in the marketing and distribution of a wide range of formulations and generic active ingredients globally. It is also involved in order based procurement and supply of Belts, general chemicals, dyes and dye intermediates. It procures these non-agrochemical products, primarily, from the manufacturers in China or India and supplies them in over 35 countries across Australia, Asia, Europe, North America and Latin America. The company has recently entered into the biocide segment and has acquired several registrations from the existing registration holders, primarily, in Europe.

As of August 5, 2014, the company had over 180 Good Laboratory Practices (GLP) certified dossiers and as of July 15, 2014, it owned over 1,040 registrations for formulations and over 155 registrations for generic active ingredients across Europe, NAFTA, Latin America and Rest of the World.

The company’s library of dossiers gives it a competitive edge and facilitates in seeking registrations in different countries in a time efficient manner. This also fosters its ability to operate in and distribute diversified range of formulations and generic active ingredients globally including highly regulated markets, which would not be permitted without such registrations. As of August 5, 2014, it has filed over 500 applications for seeking registrations globally which are pending at different stages.

Milestones: In November 2011, the company acquired 76% stake in Axis Crop Science, which is a company focused on marketing and distribution of formulations in India.

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 | Register Now