Is Reliance Chemotex Industries a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Reliance Chemotex Industries Ltd is a average quality company .

Is Reliance Chemotex Industries undervalued or overvalued?

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

What is Reliance Chemotex Industries share price return in the past 10 years?

Reliance Chemotex Industries Ltd share price has appreciated 20.7% annually (CAGR) over the past ten years.

Is Reliance Chemotex Industries a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Reliance Chemotex Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of Reliance Chemotex Industries?

The latest standalone P/E ratio of Reliance Chemotex Industries as of 19-Sep-2024 is 106.44.

What is the P/B ratio of Reliance Chemotex Industries?

The latest standalone P/B ratio of Reliance Chemotex Industries as of 19-Sep-2024 is 1.25.

What is the 52-week high and low of Reliance Chemotex Industries?

The 52-week high of Reliance Chemotex Industries is Rs. 350.50 and the 52-week low is Rs. 181.05.

Reliance Chemotex Industries Ltd - Stock Valuation and Financial Performance

Name: Reliance Chemotex Industries
Brand: Reliance Chemotex Industries

BSE: 503162 | NSE: RELCHEMQ | Textile - Spinning | Small Cap

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Reliance Chemotex Share Price

₹221.80 -5.00 -2.20%
as on 19-Sep'24 16:01

10 Year X-Ray of Reliance Chemotex:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	16.6%	10.2%	12.2%	8.1%	13.5%	14.2%	11%	17.7%	10.7%	6.8%	-
Value Creation Index ⓘ	0.2	-0.3	-0.1	-0.4	0.0	0.0	-0.2	0.3	-0.2	-0.5	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	235	257	291	285	323	300	256	362	365	367	370
Sales YoY Gr.	-	9.6%	13.2%	-2.2%	13.6%	-7.2%	-14.7%	41.5%	0.9%	0.6%	-
Adj EPS ⓘ	-8	5.3	12.4	6.5	7.2	15.1	7	25.3	16.9	4.3	2.1
YoY Gr.	-	NA	132.6%	-47.5%	11.6%	108.2%	-53.8%	263.1%	-33%	-74.4%	-
BVPS (₹) ⓘ	80.7	79.5	152.1	157.6	149.7	130.1	138.4	160.9	175	177.2	177.9
Adj Net Profit ⓘ	-3.6	2.4	5.6	2.9	3.2	11.4	5.3	19.1	12.8	3.3	2
Cash Flow from Ops. ⓘ	0.1	12.3	31.9	10.7	25.8	21.6	27.2	59.4	0	18	-
Debt/CF from Ops. ⓘ	1274.1	7.3	3	8.7	3.2	3	3.6	2.1	-5071.2	15.5	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	5.1%	2.6%	12.8%	0.6%
Adj EPS ⓘ	NA	-9.7%	-14.6%	-74.4%
BVPSⓘ	9.1%	3.4%	8.6%	1.3%
Share Price	20.7%	29.5%	12.2%	12.9%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	-6.4	4.1	8.8	4.2	4.7	13.8	5.2	16.9	10.1	2.5	1.2
Op. Profit Mgn % ⓘ	4.4	7.2	7.6	6.9	7.9	10.5	9.1	12.7	9.5	8.5	7.6
Net Profit Mgn % ⓘ	-1.5	0.9	1.9	1	1	3.8	2.1	5.3	3.5	0.9	0.4
Debt to Equity ⓘ	1.4	1.5	1.4	1.3	1.2	0.7	0.9	1	1.5	2.1	-
Working Cap Days ⓘ	105	112	98	97	88	97	118	86	96	106	75
Cash Conv. Cycle ⓘ	32	30	27	26	20	19	39	27	28	39	-2

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 12.83%

Return on Equity has declined versus last 3 years average to 1.20%

Net Profit has been subdued in last 3 years -14.57%

Debt to equity has increased versus last 3 years average to 2.09

Sales growth is not so good in last 4 quarters at 5.14%

Latest Financials - Reliance Chemotex Industries Ltd.

	Standalone	Consolidated
TTM EPS (₹)	2.1	-
TTM Sales (₹ Cr.)	370	-
BVPS (₹.) ⓘ	177.9	-
Reserves (₹ Cr.) ⓘ	127	-
P/BV ⓘ	1.25	-
PE ⓘ	106.44	-

From the Market
52 Week Low / High (₹)	181.05 / 350.50
All Time Low / High (₹)	3.48 / 360.00
Market Cap (₹ Cr.)	167
Equity (₹ Cr.)	7.5
Face Value (₹)	10
Industry PE ⓘ	28.2

Management X-Ray of Reliance Chemotex:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Reliance Chemotex

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Reliance Chemotex

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	235	257	291	285	323	300	256	362	365	367
Operating Expenses ⓘ	224	239	269	265	298	271	233	320	331	336
Manufacturing Costs	37	43	48	51	50	49	44	49	52	60
Material Costs	136	141	163	155	187	156	124	178	190	188
Employee Cost	31	32	35	37	38	39	42	46	50	58
Other Costs ⓘ	20	22	22	22	23	27	23	47	38	30
Operating Profit ⓘ	10	18	22	19	26	28	23	41	34	31
Operating Profit Margin (%)	4.4%	7.2%	7.6%	6.7%	7.9%	9.5%	9.0%	11.5%	9.4%	8.5%
Other Income ⓘ	17	3	4	1	2	1	4	7	6	4
Interest ⓘ	13	13	14	12	13	11	10	12	14	20
Depreciation ⓘ	6	7	7	7	7	7	8	9	10	10
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	9	2	5	1	8	11	10	27	17	6
Tax ⓘ	3	-1	-2	-2	4	1	3	9	4	2
Profit After Tax	7	3	6	3	4	9	7	18	12	3
PAT Margin (%)	2.8%	1.0%	2.2%	0.9%	1.3%	3.1%	2.7%	5.0%	3.4%	0.9%
Adjusted EPS (₹)	9.9	0.5	14.5	5.8	9.2	12.4	9.2	24.0	16.5	4.3
Dividend Payout Ratio (%)	9%	179%	6%	15%	15%	8%	22%	10%	15%	24%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	59	59	68	70	67	98	104	121	132	134
Share Capital ⓘ	27	27	4	4	4	8	8	8	8	8
Reserves ⓘ	32	32	64	66	63	91	97	114	124	126
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	74	74	81	83	74	60	87	117	187	258
Long Term Debt	63	51	60	52	50	29	34	47	66	150
Short Term Debt	10	24	21	31	24	32	53	70	121	108
Trade Payables	26	32	35	36	36	28	20	28	14	17
Others Liabilities ⓘ	33	36	44	40	44	43	53	72	65	72
Total Liabilities ⓘ	191	201	229	229	220	230	264	338	398	481
Fixed Assets
Gross Block	150	158	158	157	158	158	175	212	234	367
Accumulated Depreciation	43	49	7	14	20	24	27	33	41	51
Net Fixed Assetsⓘ	107	109	152	143	137	134	148	179	194	316
CWIP ⓘ	2	1	0	0	0	6	1	10	39	1
Investmentsⓘ	3	0	0	2	2	2	0	0	0	0
Inventories	34	39	38	41	38	35	47	44	45	54
Trade Receivables	13	21	18	17	18	13	11	5	7	6
Cash Equivalents	4	5	5	4	4	5	33	58	62	51
Others Assetsⓘ	27	26	16	20	21	34	25	41	51	54
Total Assets ⓘ	191	201	229	229	220	230	264	338	398	481

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	0	12	32	11	26	22	27	59	0	18
PBT ⓘ	9	2	5	1	8	11	10	27	17	6
Adjustment ⓘ	-4	13	18	19	20	18	16	18	18	26
Changes in Working Capital ⓘ	-3	-2	10	-8	-1	-5	1	18	-32	-12
Tax Paid ⓘ	-2	0	-2	-1	-1	-2	0	-4	-3	-1
Cash Flow From Investing Activity ⓘ	-27	-6	-2	0	0	-8	-43	-74	-51	-82
Capex	-30	-8	-3	-1	-1	-7	-15	-51	-54	-93
Net Investments	0	0	0	0	0	-1	-28	-25	0	7
Others ⓘ	3	1	2	1	1	1	1	2	3	4
Cash Flow From Financing Activityⓘ	28	-6	-30	-11	-26	-13	15	14	55	60
Net Proceeds from Shares ⓘ	3	0	0	0	0	23	0	0	0	0
Net Proceeds from Borrowing ⓘ	23	-8	-14	-9	-4	0	5	13	19	84
Interest Paid ⓘ	-8	-8	-11	-10	-10	-10	-10	-12	-14	-20
Dividend Paid ⓘ	-1	-3	-3	0	0	-2	-1	-2	-2	-2
Others ⓘ	11	12	-3	7	-11	-25	21	14	51	-3
Net Cash Flow ⓘ	1	0	0	-1	0	1	0	0	4	-4

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	18.96	7.06	12.5	3.75	5.96	11.31	6.85	16.06	9.8	2.42
ROCE (%)	16.59	10.17	12.15	8.07	13.49	14.19	11.01	17.68	10.67	6.8
Asset Turnover Ratio	1.39	1.33	1.37	1.25	1.44	1.33	1.03	1.2	0.99	0.84
PAT to CFO Conversion(x)	0	4	5.33	3.67	6.5	2.44	3.86	3.28	0	6
Working Capital Days
Receivable Days	24	24	24	23	20	19	17	8	6	7
Inventory Days	44	51	48	51	45	44	58	46	45	49
Payable Days	60	75	75	83	70	75	70	49	40	30

Reliance Chemotex Industries Ltd Stock News

Reliance Chemotex Industries Ltd FAQs

What is the share price of Reliance Chemotex?

Company share prices are keep on changing according to the market conditions. The closing price of Reliance Chemotex on 19-Sep-2024 16:01 is ₹221.8.

What is the market cap of Reliance Chemotex?

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 19-Sep-2024 16:01 the market cap of Reliance Chemotex stood at ₹167.3.

What is the P/E ratio of Reliance Chemotex?

The latest P/E ratio of Reliance Chemotex as of 19-Sep-2024 16:01 is 106.4.

What is the P/B ratio of Reliance Chemotex?

The latest P/B ratio of Reliance Chemotex as of 19-Sep-2024 16:01 is 1.25.

What is the 52-week high and low of Reliance Chemotex?

The 52-week high of Reliance Chemotex is ₹350.5 and the 52-week low is ₹181.1.

What is the TTM revenue of Reliance Chemotex?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Reliance Chemotex is ₹369.7 ( Cr.) .

About Reliance Chemotex Industries Ltd

Reliance Chemotex Industries, an export house recognized by the government of India, is a synthetic spinning unit set up at Udaipur, Rajasthan. It has maintained steady growth since that time under the leadership of Shanker Shroff as Chairman and Sanjiv Shroff as Managing Director.

At present, the plant has 21,120 spindles with state of the art machinery from the blow room to spinning and finishing. All yarn is auto coned, spliced, electronically cleared and TFO twisted. The company has its own HT/HP fibre-dyeing plant. It also has its own independent captive power generation plant.

The products are backed by ongoing research and development and the company is very quality conscious. The quality of yarn is well established and accepted in European markets and we export about 8000 tons per annum. The annual turnover is approximately Rs.130 crores ($ 32 million).

Expansion plans for doubling the production capacity by installing new machines are already underway and expected to be completed by the end of 2008.

Synonymous with quality and innovation, Reliance Chemotex Industries Ltd. continually seeks excellence in the process of spinning synthetic yarn.

Product range of the company includes:

Fiber- dyed and blended yarns of polyester, viscose, and acrylic.
Production of good quality ring spun
Fiber -dyed 100% viscose and 100% polyester yarn is the specialty of the company.