Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 21 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 500012 | NSE: ANDHRAPET

Andhra Petrochemicals Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 1:27 am

Market Cap 657 Cr.
Current Price 77.3
High / Low 127/70.2
Stock P/E9.95
Book Value 64.8
Dividend Yield2.59 %
ROCE15.4 %
ROE11.9 %
Face Value 10.0
PEG Ratio22.59

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Andhra Petrochemicals Ltd 657 Cr. 77.3 127/70.29.95 64.82.59 %15.4 %11.9 % 10.0
Amines & Plasticizers Ltd 1,421 Cr. 258 360/14634.4 42.90.19 %23.3 %19.8 % 2.00
Industry Average1,039.00 Cr167.6522.1853.851.39%19.35%15.85%6.00

All Competitor Stocks of

Quarterly Result

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales24424324123824692182162191181139278130
Expenses144141164208205111179154189169126220110
Operating Profit100102773041-1949112135819
OPM %41%42%32%13%17%-20%2%5%1%6%9%21%15%
Other Income2435454666678
Interest2222222222222
Depreciation3444444444444
Profit before tax97101752939-2028112135921
Tax %35%14%26%24%25%-21%48%28%20%31%25%26%25%
Net Profit6386552229-161618104416
EPS in Rs7.3810.186.512.613.44-1.860.110.710.141.001.165.171.87

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales563259140334329520666456566965683789728
Expenses535275170345316453557423429656648705626
Operating Profit28-16-30-111366109321373093584102
OPM %5%-6%-21%-3%4%13%16%7%24%32%5%11%14%
Other Income-15181233415192527
Interest96101316126299999
Depreciation14139109910131414151515
Profit before tax5-30-47-26-114795211183012986106
Tax %33%-15%-6%-10%-32%2%26%35%35%25%30%26%
Net Profit3-26-45-24-746701476227206378
EPS in Rs0.37-3.02-5.24-2.79-0.875.478.221.639.0026.682.407.469.20
Dividend Payout %0%0%0%0%0%0%18%0%17%11%62%27%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-966.67%-73.08%46.67%70.83%757.14%52.17%-80.00%442.86%198.68%-91.19%215.00%
Change in YoY Net Profit Growth (%)0.00%893.59%119.74%24.17%686.31%-704.97%-132.17%522.86%-244.17%-289.87%306.19%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:12%
5 Years:3%
3 Years:12%
TTM:-9%
Compounded Profit Growth
10 Years:16%
5 Years:-2%
3 Years:-6%
TTM:297%
Stock Price CAGR
10 Years:20%
5 Years:21%
3 Years:-15%
1 Year:-3%
Return on Equity
10 Years:16%
5 Years:21%
3 Years:22%
Last Year:12%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 5:53 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital85858585858585858585858585
Reserves13110559322873142138219419420471466
Borrowings634877791117114857988888478
Other Liabilities51544446401820296451435740
Total Liabilities331292265243264247261337446642636696669
Fixed Assets224212200192184181172247235224221209202
CWIP0000010007011
Investments5151514852132150118456443
Other Assets1016549367359685861294370422422
Total Assets331292265243264247261337446642636696669

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +1413-32-17-1460794112517716103
Cash from Investing Activity +2-101-112-8-15-15-112-1672-72
Cash from Financing Activity +-5-1534162-52-63-24-7-17-21-26
Net Cash Flow10-122-2-01116-7-35

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-35.00-64.00-107.00-90.00-98.00-5.0095.00-53.0058.00221.00-53.000.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days422424242053112
Inventory Days466675285216153834394524
Days Payable7332658641017534
Cash Conversion Cycle423551276834313320364222
Working Capital Days303939-017-421219233915
ROCE %6%-9%-16%-10%3%26%43%8%37%63%6%15%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters45.04%45.04%45.04%45.04%45.04%45.04%45.04%45.04%45.04%45.04%45.04%45.04%
FIIs0.30%0.19%0.53%0.35%0.35%0.35%0.35%0.35%0.32%0.32%0.74%1.23%
DIIs0.03%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%
Public54.62%54.74%54.40%54.58%54.58%54.56%54.59%54.57%54.60%54.61%54.18%53.68%
No. of Shareholders63,02268,37469,52071,64673,80075,32574,67473,71771,16369,06767,77576,520

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)7.462.4026.689.001.60
Diluted EPS (Rs.)7.462.4026.689.001.60
Cash EPS (Rs.)9.214.2128.3510.653.11
Book Value[Excl.RevalReserv]/Share (Rs.)65.4059.4659.2735.7426.30
Book Value[Incl.RevalReserv]/Share (Rs.)65.4059.4659.2735.7426.30
Dividend / Share (Rs.)2.001.503.001.500.00
Revenue From Operations / Share (Rs.)92.8280.38113.6166.6253.66
PBDIT / Share (Rs.)12.906.2738.1116.614.16
PBIT / Share (Rs.)11.154.4636.4514.952.65
PBT / Share (Rs.)10.133.4435.4313.882.47
Net Profit / Share (Rs.)7.462.4026.689.001.60
PBDIT Margin (%)13.897.8033.5424.927.75
PBIT Margin (%)12.015.5532.0722.444.94
PBT Margin (%)10.914.2831.1820.834.61
Net Profit Margin (%)8.032.9823.4813.502.98
Return on Networth / Equity (%)11.414.0345.0125.176.08
Return on Capital Employeed (%)14.496.2751.2831.287.35
Return On Assets (%)9.103.2035.2917.124.02
Total Debt / Equity (X)0.000.010.010.000.00
Asset Turnover Ratio (%)1.181.071.771.441.52
Current Ratio (X)10.4412.7210.134.962.65
Quick Ratio (X)9.5310.698.604.151.51
Inventory Turnover Ratio (X)10.708.7512.4510.0212.84
Dividend Payout Ratio (NP) (%)20.1062.450.000.000.00
Dividend Payout Ratio (CP) (%)16.2935.600.000.000.00
Earning Retention Ratio (%)79.9037.550.000.000.00
Cash Earning Retention Ratio (%)83.7164.400.000.000.00
Interest Coverage Ratio (X)12.656.1737.6315.4623.24
Interest Coverage Ratio (Post Tax) (X)8.323.3627.359.389.93
Enterprise Value (Cr.)406.35147.46600.41514.30136.46
EV / Net Operating Revenue (X)0.510.210.620.900.29
EV / EBITDA (X)3.712.771.853.643.86
MarketCap / Net Operating Revenue (X)0.910.600.810.920.30
Retention Ratios (%)79.8937.540.000.000.00
Price / BV (X)1.300.821.561.730.62
Price / Net Operating Revenue (X)0.910.610.810.920.30
EarningsYield0.080.040.280.140.09

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 21, 2024 is: 78.71

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 21, 2024, is Undervalued by 1.82% compared to the current share price 77.30

Intrinsic Value of as of December 21, 2024 is: 79.06

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 21, 2024, is Undervalued by 2.28% compared to the current share price 77.30

Last 5 Year EPS CAGR: 0.44%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of 20.75, which is a positive sign.
  2. The company has higher reserves (207.92 cr) compared to borrowings (74.23 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (538.31 cr) and profit (53.38 cr) over the years.
  1. The stock has a low average ROCE of 14.33%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 36.75, which may not be favorable.
  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
    1. Net Profit Margin: 8.03%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 14.49% (Industry Average ROCE: 19.35%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 11.41% (Industry Average ROE: 15.85%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 8.32
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 9.53
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 9.95 (Industry average Stock P/E: 22.18)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Andhra Petrochemicals Ltd. is a Public Limited Listed company incorporated on 18/04/1984 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L23209AP1984PLC004635 and registration number is 004635. Currently Company is involved in the business activities of Manufacture of basic chemical elements. Company’s Total Operating Revenue is Rs. 965.38 Cr. and Equity Capital is Rs. 84.97 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Chemicals - Speciality - PlasticizersVenkatarayapuram, Tanuku, West Godavari Dist. Andhra Pradesh 534215investors@theandhrapetrochemicals.com
http://www.theandhrapetrochemicals.com
Management
NamePosition Held
Dr. Pamidi KotaiahChairman
Mr. P Narendranath ChowdaryManaging Director
Mr. Ravi PendyalaDirector
Dr. V N RaoDirector
Mr. P Venkateswara RaoDirector
Mr. M GopalakrishnaDirector
Mr. G S V PrasadDirector
Mr. M S R V K Ranga RaoDirector
Mr. V RaghunathNominee Director
Mr. Y S S SureshNominee Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 21 December 2024 is ₹78.71, which is 1.82% higher than the current market price of ₹77.30. The stock has a market capitalization of 657 Cr. and recorded a high/low of 127/70.2 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹466 Cr and total liabilities of ₹669 Cr.

What is the Market Cap of ?

The Market Cap of is 657 Cr..

What is the current Stock Price of as on 21 December 2024?

The current stock price of as on 21 December 2024 is 77.3.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 127/70.2.

What is the Stock P/E of ?

The Stock P/E of is 9.95.

What is the Book Value of ?

The Book Value of is 64.8.

What is the Dividend Yield of ?

The Dividend Yield of is 2.59 %.

What is the ROCE of ?

The ROCE of is 15.4 %.

What is the ROE of ?

The ROE of is 11.9 %.

What is the Face Value of ?

The Face Value of is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in . Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE