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Last Updated on: 22 April, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Chembond Chemicals Ltd

About the Company - Chembond Chemicals Ltd

Chembond Chemicals Ltd. is a Public Limited Listed company incorporated on 22/03/1975 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L24100MH1975PLC018235 and registration number is 018235. Currently Company is involved in the business activities of Manufacture of other chemical products. Company’s Total Operating Revenue is Rs. 46.17 Cr. and Equity Capital is Rs. 6.72 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Chemicals - Speciality - OthersChembond Centre, EL71, MIDC Mahape, New Mumbai Maharashtra 400710info@chembondindia.com
http://www.chembondindia.com
Management
NamePosition Held
Mr. Sameer V ShahChairman & Managing Director
Mr. Nirmal V ShahVice Chairperson & M.D
Mr. Ashwin R NagarwadiaNon Executive Director
Mr. Mahendra K GhelaniIndependent Director
Dr. Prakash D TrivediIndependent Director
Mrs. Saraswati SankarIndependent Director
Mr. Sushil U LakhaniIndependent Director

Chembond Chemicals Ltd. Share Price Update

Share PriceValue
Today₹509.50
Previous Day₹517.30

Basic Stock Data of Chembond Chemicals Ltd

Last Updated: April 21, 2024, 12:43 pm

Market Cap 686 Cr.
Current Price 510
High / Low640/261
Stock P/E14.4
Book Value 255
Dividend Yield0.59 %
ROCE10.9 %
ROE7.89 %
Face Value 5.00

Data Source: screener.in

Competitors of Chembond Chemicals Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Apar Industries Ltd 28,515 Cr. 7,0997,400/2,50134.2 6130.57 %51.1 %32.3 % 10.0
Lasa Supergenerics Ltd 122 Cr. 24.441.2/20.1 22.60.00 %11.9 %14.0 % 10.0
Clean Science & Technology Ltd 13,789 Cr. 1,2981,622/1,27754.2 1030.39 %44.5 %33.2 % 1.00
Savita Oil Technologies Ltd 4,092 Cr. 592602/26619.7 2210.68 %24.2 %16.1 % 2.00
Vadivarhe Speciality Chemicals Ltd 52.4 Cr. 41.055.0/27.4 2.090.00 %7.61 %13.5 % 10.0
Industry Average9,314.08 Cr1,810.8821.62192.340.33%27.86%21.82%6.60

Chembond Chemicals Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales75827884939498110111122114112115
Expenses697772808991971019910910598100
Operating Profit75645319111391514
OPM %9%6%7%5%5%3%1%8%10%11%8%13%12%
Other Income6243110112394
Interest0000000000000
Depreciation1111111111111
Profit before tax1168643091113112216
Tax %23%28%38%22%40%24%770%14%27%22%17%30%16%
Net Profit945522-1881091513
EPS in Rs6.283.763.563.491.751.55-1.025.756.147.586.5111.4810.04

Last Updated: April 6, 2024, 9:35 am

Chembond Chemicals Ltd Quarterly Chart

Chembond Chemicals Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales228262274299270291327301268274349440462
Expenses206243253273259274304275258256332405411
Operating Profit22182126111723261018173551
OPM %10%7%8%9%4%6%7%8%4%7%5%8%11%
Other Income4511189181143159518
Interest4544211110112
Depreciation2334444445455
Profit before tax21161520195302824829213462
Tax %33%50%40%28%20%24%16%19%61%28%32%26%
Net Profit148914156232420320142548
EPS in Rs9.875.475.809.31114.6614.3716.3412.881.3915.1210.3518.3635.61
Dividend Payout %12%26%26%16%4%11%11%16%144%15%48%16%

Chembond Chemicals Ltd Profit & Loss Yearly Chart

Chembond Chemicals Ltd Growth

Compounded Sales Growth
10 Years:5%
5 Years:6%
3 Years:18%
TTM:12%
Compounded Profit Growth
10 Years:13%
5 Years:2%
3 Years:138%
TTM:186%
Stock Price CAGR
10 Years:22%
5 Years:10%
3 Years:40%
1 Year:85%
Return on Equity
10 Years:8%
5 Years:6%
3 Years:7%
Last Year:8%

Last Updated: April 17, 2024, 3:02 am

Balance Sheet

Last Updated: April 1, 2024, 11:04 am

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital6777777777777
Reserves66758089200223242255262286297315336
Borrowings372933251199732279
Other Liabilities67718683728268545059567378
Total Liabilities175182205203289321325322322354361402430
Fixed Assets414754514749108109124122121116116
CWIP653322120011218
Investments11118815076585173756577
Other Assets127130148147152120140153147160165208219
Total Assets175182205203289321325322322354361402430

Chembond Chemicals Ltd Reserves and Borrowings Chart

Chembond Chemicals Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 1971024-275-12-122425-102
Cash from Investing Activity -16-7-6-352-01914-12-11-20
Cash from Financing Activity 6-8-4-18-24-3-4-6-11-2-4-2
Net Cash Flow9-8-03123-5112-160

Chembond Chemicals Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days1011001161057884901101121119496
Inventory Days866974604659465877826753
Days Payable103951139686959684961207681
Cash Conversion Cycle847477703849408494738467
Working Capital Days72758169104535389102857975
ROCE %23%17%15%18%22%12%11%9%3%10%7%11%

Chembond Chemicals Ltd Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters65.66%65.88%65.90%66.00%66.05%66.28%66.28%67.49%67.55%67.55%67.54%67.54%
FIIs0.00%0.00%0.00%0.28%0.56%0.69%0.57%0.57%0.57%0.58%0.57%0.59%
DIIs0.35%0.35%0.67%0.67%0.83%0.83%0.83%0.83%0.83%0.69%0.69%0.69%
Public33.99%33.76%33.42%33.05%32.56%32.20%32.32%31.10%31.05%31.18%31.20%31.18%
No. of Shareholders5,1625,9567,4548,44310,00210,44010,55811,08610,0369,4839,4589,480

Chembond Chemicals Ltd Shareholding Pattern Chart

No. of Chembond Chemicals Ltd Shareholders

This stock is not held by any mutual fund

Chembond Chemicals Ltd ROCE Trend

Chembond Chemicals Ltd EPS Trend

Chembond Chemicals Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue5.005.005.005.005.00
Basic EPS (Rs.)18.3610.3515.131.3912.88
Diluted EPS (Rs.)18.3610.3515.131.3912.88
Cash EPS (Rs.)21.7713.7318.565.5317.90
Book Value[Excl.RevalReserv]/Share (Rs.)240.37226.99218.95203.69197.42
Book Value[Incl.RevalReserv]/Share (Rs.)240.37226.99218.95203.69197.42
Revenue From Operations / Share (Rs.)327.51259.82204.08199.32224.05
PBDIT / Share (Rs.)29.1619.1124.919.6821.88
PBIT / Share (Rs.)25.8115.7821.536.4518.73
PBT / Share (Rs.)25.0415.2721.215.8718.15
Net Profit / Share (Rs.)18.4210.4015.182.2914.75
NP After MI And SOA / Share (Rs.)18.4110.3515.131.3912.88
PBDIT Margin (%)8.907.3512.204.859.76
PBIT Margin (%)7.886.0710.543.238.35
PBT Margin (%)7.645.8710.392.948.09
Net Profit Margin (%)5.624.007.431.156.58
NP After MI And SOA Margin (%)5.623.987.410.695.74
Return on Networth / Equity (%)7.694.576.930.696.62
Return on Capital Employeed (%)10.686.919.763.149.42
Return On Assets (%)6.163.855.740.585.37
Total Debt / Equity (X)0.020.000.010.010.02
Asset Turnover Ratio (%)0.160.150.140.200.54
Current Ratio (X)2.733.593.173.503.08
Quick Ratio (X)2.292.962.662.912.63
Inventory Turnover Ratio (X)0.961.131.041.926.07
Dividend Payout Ratio (NP) (%)27.150.000.00287.2114.36
Dividend Payout Ratio (CP) (%)22.970.000.0086.4711.53
Earning Retention Ratio (%)72.850.000.00-187.2185.64
Cash Earning Retention Ratio (%)77.030.000.0013.5388.47
Interest Coverage Ratio (X)37.6637.3079.4216.6337.63
Interest Coverage Ratio (Post Tax) (X)24.7921.3049.374.9426.37
Enterprise Value (Cr.)328.75224.11233.11193.26427.72
EV / Net Operating Revenue (X)0.740.640.840.721.42
EV / EBITDA (X)8.388.726.9614.8414.53
MarketCap / Net Operating Revenue (X)0.770.680.930.731.43
Retention Ratios (%)72.840.000.00-187.2185.63
Price / BV (X)1.060.790.870.731.64
Price / Net Operating Revenue (X)0.770.680.930.731.43
EarningsYield0.070.050.070.010.04

Chembond Chemicals Ltd Profitability Ratios (%)

Chembond Chemicals Ltd Liquidity Ratios

Chembond Chemicals Ltd Liquidity Ratios (%)

Chembond Chemicals Ltd Interest Coverage Ratios (%)

Chembond Chemicals Ltd Valuation Ratios

Fair Value of Chembond Chemicals Ltd Stock

Fair Value: 291.43

The stock is overvalued by 42.86% compared to the current price ₹510

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.

*Investments are subject to market risks

Strength and Weakness of Chembond Chemicals Ltd Stock

StrengthWeakness
  1. The company has higher reserves (209.69 cr) compared to borrowings (14.08 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (311.15 cr) and profit (38.69 cr) over the years.
  1. The stock has a low average ROCE of 13.17%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 78.08, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 69.50, which may not be favorable.

FAQ

What is the latest fair value of Chembond Chemicals Ltd?

The latest fair value of Chembond Chemicals Ltd is 291.43.

What is the Market Cap of Chembond Chemicals Ltd?

The Market Cap of Chembond Chemicals Ltd is 686 Cr..

What is the current Stock Price of Chembond Chemicals Ltd as on 22 April 2024?

The current stock price of Chembond Chemicals Ltd as on 22 April 2024 is 510.

What is the High / Low of Chembond Chemicals Ltd stocks in FY 2024?

In FY 2024, the High / Low of Chembond Chemicals Ltd stocks is ₹640/261.

What is the Stock P/E of Chembond Chemicals Ltd?

The Stock P/E of Chembond Chemicals Ltd is 14.4.

What is the Book Value of Chembond Chemicals Ltd?

The Book Value of Chembond Chemicals Ltd is 255.

What is the Dividend Yield of Chembond Chemicals Ltd?

The Dividend Yield of Chembond Chemicals Ltd is 0.59 %.

What is the ROCE of Chembond Chemicals Ltd?

The ROCE of Chembond Chemicals Ltd is 10.9 %.

What is the ROE of Chembond Chemicals Ltd?

The ROE of Chembond Chemicals Ltd is 7.89 %.

What is the Face Value of Chembond Chemicals Ltd?

The Face Value of Chembond Chemicals Ltd is 5.00.

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 Chembond Chemicals 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