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Last Updated on: 30 May, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Chemfab Alkalis Ltd

About the Company - Chemfab Alkalis Ltd

Chemfab Alkalis Ltd. is a Public Limited Listed company incorporated on 06/05/2009 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L24290TN2009PLC071563 and registration number is 071563. Currently company belongs to the Industry of Chemicals - Inorganic - Caustic Soda/Soda Ash. Company’s Total Operating Revenue is Rs. 271.59 Cr. and Equity Capital is Rs. 14.13 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Chemicals - Inorganic - Caustic Soda/Soda AshTeam House, GST Salai, Chennai (Madras) Tamil Nadu 600048cosecy@drraoholdings.com
http://www.chemfabalkalis.com
Management
NamePosition Held
Mr. Suresh Krishnamurthi RaoChairman & Non-Exe.Director
Mr. C S RameshNon Executive Director
Mr. R MahendranNon Executive Director
Mrs. Sujatha JayarajanIndependent Director
Mr. A JanakiramanIndependent Director
Mrs. Drushti DesaiIndependent Director
Mr. T RamabadhranIndependent Director
Mr. Nitin S CowlagiNon Executive Director

Basic Stock Data of Chemfab Alkalis Ltd

Last Updated: May 30, 2024, 5:52 am

Market Cap 776 Cr.
Current Price 546
High / Low744/283
Stock P/E19.8
Book Value 265
Dividend Yield0.23 %
ROCE28.2 %
ROE20.7 %
Face Value 10.0
PEG Ratio1.59

Chemfab Alkalis Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales46.2751.3847.0458.7177.7488.1098.1176.0183.9473.3079.0879.5886.33
Expenses40.2248.0338.6052.2655.3868.6362.5849.9858.4048.1963.1467.4469.94
Operating Profit6.053.358.446.4522.3619.4735.5326.0325.5425.1115.9412.1416.39
OPM %13.08%6.52%17.94%10.99%28.76%22.10%36.21%34.25%30.43%34.26%20.16%15.26%18.99%
Other Income0.270.571.790.390.542.970.64-2.252.101.453.581.191.25
Interest0.560.560.520.330.090.070.120.040.040.040.040.060.43
Depreciation5.075.075.305.345.735.855.895.855.715.445.395.595.40
Profit before tax0.69-1.714.411.1717.0816.5230.1617.8921.8921.0814.097.6811.81
Tax %-88.41%-581.87%30.61%29.91%29.45%21.91%28.88%26.05%28.32%24.86%29.67%30.34%30.91%
Net Profit1.30-11.663.060.8312.0512.9021.4613.2315.6815.849.915.358.16
EPS in Rs0.93-8.292.170.598.569.1315.189.3611.0911.176.983.775.74

Last Updated: May 11, 2024, 11:57 am

Chemfab Alkalis Ltd Quarterly Chart

Chemfab Alkalis Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales410213025140180193205181272331316
Expenses513232918108128133149157215219237
Operating Profit-1-4-30732526156245711279
OPM %-13%-37%-13%1%27%23%29%31%27%13%21%34%25%
Other Income-0033024-15-01628
Interest1787354243110
Depreciation033441312152520222322
Profit before tax-2-14-10-70164028272399165
Tax %0%0%0%0%0%6%36%41%5%479%26%27%
Net Profit-2-14-10-7016251726-8296647
EPS in Rs18.4212.0718.36-5.7220.4046.6933.01
Dividend Payout %0%0%0%0%0%11%7%10%7%0%6%3%

Chemfab Alkalis Ltd Profit & Loss Yearly Chart

Chemfab Alkalis Ltd Growth

Compounded Sales Growth
10 Years:32%
5 Years:11%
3 Years:22%
TTM:-1%
Compounded Profit Growth
10 Years:17%
5 Years:1%
3 Years:79%
TTM:-56%
Stock Price CAGR
10 Years:%
5 Years:28%
3 Years:58%
1 Year:86%
Return on Equity
10 Years:%
5 Years:10%
3 Years:13%
Last Year:8%

Last Updated: May 14, 2024, 6:13 am

Chemfab Alkalis Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital555571414141414141414
Reserves8-6-17-24-17201222237262254284349363
Preference Capital000030000000
Borrowings536976826416233443319220
Other Liabilities1281010174439363036454850
Total Liabilities7876757370275298321348335352413447
Fixed Assets6968646157164173194195202194191186
CWIP000011121035371416
Investments000000008314211091
Other Assets98101212991241171109810998155
Total Assets7876757370275298321348335352413447

Chemfab Alkalis Ltd Reserves and Borrowings Chart

Chemfab Alkalis Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 35-14-0-138444154465597
Cash from Investing Activity -662-1-1-9-30-47-58-7-21-52
Cash from Financing Activity 331010-30-1363-16-25-9
Net Cash Flow2-2-0-2-110-123936

Chemfab Alkalis Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days4484942922353117312924
Inventory Days8225034132020315284795489
Days Payable22323206454622516415692145
Cash Conversion Cycle6426670298-3342235-43-63-47-9-32
Working Capital Days-925-355-177-166-329-24-3102330158
ROCE %-10%-4%-0%6%15%17%18%11%2%13%28%

Chemfab Alkalis Ltd Financial Efficiency Indicators Chart

Chemfab Alkalis Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters73.70%73.70%73.70%73.36%73.35%73.34%73.30%73.11%73.11%72.99%72.88%72.88%
FIIs0.00%0.00%0.04%0.02%0.00%0.38%0.31%0.39%0.28%0.24%0.29%0.35%
DIIs0.09%0.08%0.08%0.07%0.08%0.07%0.07%0.07%0.07%0.07%0.07%0.07%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.03%0.03%
Public26.22%26.23%26.19%26.55%26.58%26.21%26.31%26.43%26.54%26.71%26.73%26.65%
No. of Shareholders7,1066,7077,1947,4877,5608,7489,5629,85611,09812,13611,74512,624

Chemfab Alkalis Ltd Shareholding Pattern Chart

No. of Chemfab Alkalis Ltd Shareholders

This stock is not held by any mutual fund

Chemfab Alkalis Ltd ROCE Trend

Chemfab Alkalis Ltd EPS Trend

Chemfab Alkalis Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.00
Basic EPS (Rs.)45.6120.36-5.8118.27
Diluted EPS (Rs.)45.1420.36-5.8118.16
Cash EPS (Rs.)61.7136.068.6036.27
Book Value[Excl.RevalReserv]/Share (Rs.)254.72210.84190.09197.67
Book Value[Incl.RevalReserv]/Share (Rs.)254.72210.84190.09197.67
Revenue From Operations / Share (Rs.)233.65192.16128.60146.77
PBDIT / Share (Rs.)81.7944.1017.5741.74
PBIT / Share (Rs.)65.6228.383.1823.73
PBT / Share (Rs.)63.0627.661.4419.17
Net Profit / Share (Rs.)45.5420.34-5.7818.26
NP After MI And SOA / Share (Rs.)45.5420.34-5.7818.26
PBDIT Margin (%)35.0022.9513.6528.43
PBIT Margin (%)28.0814.772.4716.17
PBT Margin (%)26.9914.391.1213.06
Net Profit Margin (%)19.4910.58-4.4912.44
NP After MI And SOA Margin (%)19.4910.58-4.4912.44
Return on Networth / Equity (%)17.879.64-3.049.23
Return on Capital Employeed (%)25.4113.301.5211.04
Return On Assets (%)15.678.16-2.427.30
Long Term Debt / Equity (X)0.000.000.080.07
Total Debt / Equity (X)0.000.020.110.15
Asset Turnover Ratio (%)0.860.790.520.00
Current Ratio (X)2.711.821.831.04
Quick Ratio (X)2.341.581.600.86
Inventory Turnover Ratio (X)3.364.622.850.00
Dividend Payout Ratio (NP) (%)2.730.000.006.84
Dividend Payout Ratio (CP) (%)2.010.000.003.44
Earning Retention Ratio (%)97.270.000.0093.16
Cash Earning Retention Ratio (%)97.990.000.0096.56
Interest Coverage Ratio (X)473.8361.5410.0718.46
Interest Coverage Ratio (Post Tax) (X)278.6329.38-2.3210.10
Enterprise Value (Cr.)314.58353.32204.65169.20
EV / Net Operating Revenue (X)0.941.301.130.82
EV / EBITDA (X)2.715.678.292.91
MarketCap / Net Operating Revenue (X)0.961.300.970.63
Retention Ratios (%)97.260.000.0093.15
Price / BV (X)0.881.190.660.47
Price / Net Operating Revenue (X)0.961.300.970.63
EarningsYield0.200.08-0.040.19

Chemfab Alkalis Ltd Profitability Ratios (%)

Chemfab Alkalis Ltd Liquidity Ratios

Chemfab Alkalis Ltd Liquidity Ratios (%)

Chemfab Alkalis Ltd Interest Coverage Ratios (%)

Chemfab Alkalis Ltd Valuation Ratios

Fair Value

Fair Value: ₹1,088.63

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.

Undervalued: 99.38% compared to the current price ₹546

Intrinsic Value: ₹1,224.15

Calculation basis:

  • Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 124.20% compared to the current price ₹546

Last 5 Year EPS CAGR: 12.45%

*Investments are subject to market risks

Strength and Weakness of Chemfab Alkalis Ltd Stock

StrengthWeakness
  1. The stock has a low average Working Capital Days of -157.75, which is a positive sign.
  2. The company has higher reserves (162.77 cr) compared to borrowings (0.23 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (146.77 cr) and profit (21.15 cr) over the years.
  1. The stock has a low average ROCE of 8.00%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 18.92, which may not be favorable.

FAQ

What is the latest fair value of Chemfab Alkalis Ltd?

The latest fair value of Chemfab Alkalis Ltd is ₹1088.63.

What is the Market Cap of Chemfab Alkalis Ltd?

The Market Cap of Chemfab Alkalis Ltd is 776 Cr..

What is the current Stock Price of Chemfab Alkalis Ltd as on 19 May 2024?

The current stock price of Chemfab Alkalis Ltd as on 19 May 2024 is 546.

What is the High / Low of Chemfab Alkalis Ltd stocks in FY 2024?

In FY 2024, the High / Low of Chemfab Alkalis Ltd stocks is ₹744/283.

What is the Stock P/E of Chemfab Alkalis Ltd?

The Stock P/E of Chemfab Alkalis Ltd is 19.8.

What is the Book Value of Chemfab Alkalis Ltd?

The Book Value of Chemfab Alkalis Ltd is 265.

What is the Dividend Yield of Chemfab Alkalis Ltd?

The Dividend Yield of Chemfab Alkalis Ltd is 0.23 %.

What is the ROCE of Chemfab Alkalis Ltd?

The ROCE of Chemfab Alkalis Ltd is 28.2 %.

What is the ROE of Chemfab Alkalis Ltd?

The ROE of Chemfab Alkalis Ltd is 20.7 %.

What is the Face Value of Chemfab Alkalis Ltd?

The Face Value of Chemfab Alkalis 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 Chemfab Alkalis 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