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Last Updated on: 05 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 543497 | NSE: BCCL

Bhatia Colour Chem Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: December 4, 2024, 8:52 pm

Market Cap 243 Cr.
Current Price 199
High / Low199/44.5
Stock P/E60.2
Book Value 52.8
Dividend Yield0.00 %
ROCE8.22 %
ROE5.70 %
Face Value 10.0
PEG Ratio1.08

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

View Share Price Target for Bhatia Colour Chem Ltd

Competitors of Bhatia Colour Chem Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
HP Adhesives Ltd 775 Cr. 84.1131/75.037.7 19.20.36 %17.7 %12.6 % 2.00
Haryana Leather Chemicals Ltd 43.9 Cr. 89.4124/55.59.71 87.21.12 %8.96 %7.25 % 10.0
Hardcastle & Waud Mfg Co Ltd 61.6 Cr. 9061,355/44832.2 6630.00 %7.00 %5.98 % 10.0
Grauer & Weil (India) Ltd 4,725 Cr. 104120/60.129.5 19.20.48 %26.1 %19.6 % 1.00
DMCC Speciality Chemicals Ltd 976 Cr. 393403/24573.6 85.40.25 %10.8 %5.68 % 10.0
Industry Average13,076.20 Cr966.4759.59181.120.31%13.11%9.99%6.77

All Competitor Stocks of Bhatia Colour Chem Ltd

Quarterly Result

MonthSep 2022Mar 2023Sep 2023Mar 2024Sep 2024
Sales5061546159
Expenses4657515756
Operating Profit44344
OPM %7%6%6%6%6%
Other Income-0-00-0-0
Interest21111
Depreciation00000
Profit before tax12233
Tax %26%28%26%27%26%
Net Profit12122
EPS in Rs0.861.381.211.611.66

Last Updated: November 6, 2024, 7:10 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthFeb 2022Mar 2022Mar 2023Mar 2024
Sales514110114
Expenses513103108
Operating Profit1177
OPM %10%6%7%6%
Other Income000-0
Interest0032
Depreciation0000
Profit before tax1145
Tax %31%27%27%27%
Net Profit0133
EPS in Rs0.480.432.242.82
Dividend Payout %0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2022-20232023-2024
YoY Net Profit Growth (%)200.00%0.00%
Change in YoY Net Profit Growth (%)0.00%-200.00%

Bhatia Colour Chem Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 2 years from 2022-2023 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:%
TTM:5%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:26%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:%
1 Year:270%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:6%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 5:41 pm

MonthFeb 2022Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital712121212
Reserves944475052
Borrowings06420208
Other Liabilities2027342029
Total Liabilities37148113102101
Fixed Assets00111
CWIP00000
Investments00000
Other Assets37148112101100
Total Assets37148113102101

Reserves and Borrowings Chart

Cash Flow

MonthFeb 2022Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +-14-851418
Cash from Investing Activity +-0-0-0-1
Cash from Financing Activity +16120-48-2
Net Cash Flow234-3415

Free Cash Flow

MonthFeb 2022Mar 2022Mar 2023Mar 2024
Free Cash Flow1.00-63.00-13.00-13.00

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

MonthFeb 2022Mar 2022Mar 2023Mar 2024
Debtor Days2,1262,220309217
Inventory Days3908136759
Days Payable2,01787212871
Cash Conversion Cycle4982,162247205
Working Capital Days9922,227258211
ROCE %7%8%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024
Promoters44.14%44.14%45.85%45.85%45.85%45.85%
Public55.86%55.85%54.15%54.15%54.16%54.14%
No. of Shareholders231283380449443506

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 222202
FaceValue10.0010.0010.0010.00
Basic EPS (Rs.)2.822.240.420.49
Diluted EPS (Rs.)2.822.240.420.49
Cash EPS (Rs.)3.102.390.450.49
Book Value[Excl.RevalReserv]/Share (Rs.)51.1848.3646.1223.04
Book Value[Incl.RevalReserv]/Share (Rs.)51.1848.3646.1223.04
Revenue From Operations / Share (Rs.)93.5890.0911.557.35
PBDIT / Share (Rs.)5.696.060.730.74
PBIT / Share (Rs.)5.425.900.690.73
PBT / Share (Rs.)3.873.080.580.71
Net Profit / Share (Rs.)2.822.240.420.48
PBDIT Margin (%)6.086.726.3310.11
PBIT Margin (%)5.796.556.0110.01
PBT Margin (%)4.133.425.049.76
Net Profit Margin (%)3.012.483.666.63
Return on Networth / Equity (%)5.514.620.912.11
Return on Capital Employeed (%)8.079.191.103.16
Return On Assets (%)3.372.420.340.94
Long Term Debt / Equity (X)0.300.320.350.01
Total Debt / Equity (X)0.310.331.140.01
Asset Turnover Ratio (%)1.060.840.000.00
Current Ratio (X)4.983.262.061.81
Quick Ratio (X)4.242.771.711.62
Inventory Turnover Ratio (X)5.764.450.000.00
Interest Coverage Ratio (X)3.672.156.5143.38
Interest Coverage Ratio (Post Tax) (X)2.831.804.7729.53
Enterprise Value (Cr.)65.8671.5382.560.00
EV / Net Operating Revenue (X)0.570.645.840.00
EV / EBITDA (X)9.459.6592.270.00
MarketCap / Net Operating Revenue (X)0.530.473.700.00
Price / BV (X)0.970.870.920.00
Price / Net Operating Revenue (X)0.530.473.700.00
EarningsYield0.050.050.010.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Bhatia Colour Chem Ltd as of December 5, 2024 is: 184.80

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 5, 2024, Bhatia Colour Chem Ltd is Overvalued by 7.14% compared to the current share price 199.00

Intrinsic Value of Bhatia Colour Chem Ltd as of December 5, 2024 is: 287.71

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 5, 2024, Bhatia Colour Chem Ltd is Undervalued by 44.58% compared to the current share price 199.00

Last 5 Year EPS CAGR: 55.69%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (40.40 cr) compared to borrowings (22.40 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (60.75 cr) and profit (2.75 cr) over the years.
  1. The stock has a low average ROCE of 3.75%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 365.75, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 238.00, which may not be favorable.

Stock Analysis

  • 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 Bhatia Colour Chem Ltd:
    1. Net Profit Margin: 3.01%
      • 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: 8.07% (Industry Average ROCE: 13.11%)
      • 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%: 5.51% (Industry Average ROE: 9.66%)
      • 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): 2.83
      • 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: 4.24
      • 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: 60.2 (Industry average Stock P/E: 49.66)
      • 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: 0.31
      • 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

Bhatia Colour Chem Ltd. is a Public Limited Listed company incorporated on 10/12/2021 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L24290GJ2021PLC127878 and registration number is 127878. Currently company belongs to the Industry of Chemicals - Speciality - Others. Company’s Total Operating Revenue is Rs. 14.12 Cr. and Equity Capital is Rs. 12.23 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Chemicals - Speciality - OthersPlot No. A/2/12, Road No. 1, Surat Gujarat 394210cs@bccindia.com
https://www.bccl.info
Management
NamePosition Held
Mr. Bharat Brijlal BhatiaManaging Director
Mr. Rameshchand Chanduram BhatiaWhole Time Director
Mr. Ravi Ashokkumar BhatiaWhole Time Director
Mr. Nevil Prameshkumar SoniIndependent Director
Ms. Rutu Milindbhai SanghviIndependent Director
Ms. Insiya Qaidjohar NalawalaIndependent Director

FAQ

What is the latest intrinsic value of Bhatia Colour Chem Ltd?

The latest intrinsic value of Bhatia Colour Chem Ltd as on 05 December 2024 is ₹184.80, which is 7.14% lower than the current market price of ₹199.00. The stock has a market capitalization of 243 Cr. and recorded a high/low of ₹199/44.5 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹52 Cr and total liabilities of ₹101 Cr.

What is the Market Cap of Bhatia Colour Chem Ltd?

The Market Cap of Bhatia Colour Chem Ltd is 243 Cr..

What is the current Stock Price of Bhatia Colour Chem Ltd as on 05 December 2024?

The current stock price of Bhatia Colour Chem Ltd as on 05 December 2024 is 199.

What is the High / Low of Bhatia Colour Chem Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Bhatia Colour Chem Ltd stocks is 199/44.5.

What is the Stock P/E of Bhatia Colour Chem Ltd?

The Stock P/E of Bhatia Colour Chem Ltd is 60.2.

What is the Book Value of Bhatia Colour Chem Ltd?

The Book Value of Bhatia Colour Chem Ltd is 52.8.

What is the Dividend Yield of Bhatia Colour Chem Ltd?

The Dividend Yield of Bhatia Colour Chem Ltd is 0.00 %.

What is the ROCE of Bhatia Colour Chem Ltd?

The ROCE of Bhatia Colour Chem Ltd is 8.22 %.

What is the ROE of Bhatia Colour Chem Ltd?

The ROE of Bhatia Colour Chem Ltd is 5.70 %.

What is the Face Value of Bhatia Colour Chem Ltd?

The Face Value of Bhatia Colour Chem Ltd 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 Bhatia Colour Chem Ltd. 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