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Last Updated on: 18 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: 513005 | NSE: CHROME

Chrome Silicon Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 15, 2024, 5:37 pm

Market Cap 69.0 Cr.
Current Price 42.1
High / Low52.3/32.2
Stock P/E
Book Value 63.7
Dividend Yield0.00 %
ROCE16.2 %
ROE21.6 %
Face Value 10.0
PEG Ratio0.00

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

View Share Price Target for Chrome Silicon Ltd

Competitors of Chrome Silicon Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Facor Alloys Ltd 116 Cr. 5.9512.2/5.40 6.790.00 %11.8 %8.52 % 1.00
Chrome Silicon Ltd 69.0 Cr. 42.152.3/32.2 63.70.00 %16.2 %21.6 % 10.0
Shyam Century Ferrous Ltd 307 Cr. 14.532.4/14.2 7.700.00 %0.98 %0.45 % 1.00
Maithan Alloys Ltd 3,141 Cr. 1,0791,359/9553.80 1,2800.56 %11.7 %9.06 % 10.0
Industry Average1,188.00 Cr285.393.80339.550.14%10.17%9.91%5.50

All Competitor Stocks of Chrome Silicon Ltd

Quarterly Result

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales0.330.0913.5278.5255.7135.9837.4446.5410.0813.3929.1137.2335.09
Expenses0.500.2911.4982.7350.2035.1443.9145.418.5411.6927.2462.1441.04
Operating Profit-0.17-0.202.03-4.215.510.84-6.471.131.541.701.87-24.91-5.95
OPM %-51.52%-222.22%15.01%-5.36%9.89%2.33%-17.28%2.43%15.28%12.70%6.42%-66.91%-16.96%
Other Income-0.000.190.024.440.771.102.412.570.420.160.0326.821.16
Interest0.010.010.080.010.040.010.010.010.010.020.010.010.03
Depreciation1.601.601.601.621.781.781.781.781.791.791.791.801.75
Profit before tax-1.78-1.620.37-1.404.460.15-5.851.910.160.050.100.10-6.57
Tax %-0.00%-0.00%-0.00%2.86%16.59%13.33%-9.06%-120.42%-0.00%-0.00%-0.00%-0.00%-0.00%
Net Profit-1.79-1.630.36-1.433.720.12-5.324.210.160.050.100.10-6.57
EPS in Rs-1.09-0.990.22-0.872.270.07-3.252.570.100.030.060.06-4.01

Last Updated: October 7, 2024, 8:22 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: October 23, 2024, 2:50 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales2913000044229217690115
Expenses3728409511556090175109142
Operating Profit-8-15-4-0-9-5-7-12-5821-19-27
OPM %-29%-123%-169%-29%-3,320%2%1%-22%-24%
Other Income112012-13-135-220572728
Interest3554332110000
Depreciation1111116776777
Profit before tax-11-20-8-5-1-22-150-22-46010-6
Tax %3%-1%-8%0%0%0%0%1%0%17%-314%0%
Net Profit-12-20-7-5-1-22-150-22-46030-6
EPS in Rs-26.72-44.72-16.32-11.97-2.48-49.65-123.19-13.68-27.820.121.670.26-3.86
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222023-2024
YoY Net Profit Growth (%)-66.67%65.00%28.57%80.00%-2100.00%-581.82%85.33%-109.09%100.00%-100.00%
Change in YoY Net Profit Growth (%)0.00%131.67%-36.43%51.43%-2180.00%1518.18%667.15%-194.42%209.09%-200.00%

Chrome Silicon Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:22%
5 Years:85%
3 Years:271%
TTM:4%
Compounded Profit Growth
10 Years:-3%
5 Years:%
3 Years:17%
TTM:-3653%
Stock Price CAGR
10 Years:-5%
5 Years:13%
3 Years:30%
1 Year:4%
Return on Equity
10 Years:-12%
5 Years:-17%
3 Years:-7%
Last Year:-22%

Last Updated: Unknown

Balance Sheet

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital444444121616161616
Reserves13511510710210483152145999910297
Borrowings444037393343191718245122
Other Liabilities52465055506574921111209997
Total Liabilities236206199200191196257271244260269232
Fixed Assets1514121297193178138143136129
CWIP121212121314161719003
Investments158158155155158159161616161614
Other Assets52232021121632607110211786
Total Assets236206199200191196257271244260269232

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +3-2-0-2-3-15-16-12-51-17-28-28
Cash from Investing Activity +-512-0117-355112-054
Cash from Financing Activity +3-4-33-981970727-26
Net Cash Flow2-5-11-000-002-20

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-52.00-55.00-41.00-39.00-42.00-48.00-26.00-29.00-76.00-22.00-50.00-41.00

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 Days20231981109154
Inventory Days7337085,7651911486,089228122775
Days Payable1,3328648,49586054657,029415172357
Cash Conversion Cycle-579-133198-387-50,940-178-36422
Working Capital Days-297-71516022-11,201-6118131
ROCE %-4%-9%-2%-1%-5%-4%-3%-10%-42%-3%0%-16%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters40.36%40.36%40.36%40.36%40.36%40.36%40.36%40.36%40.36%40.36%40.36%40.36%
DIIs0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%
Government0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.04%0.04%
Public59.60%59.60%59.60%59.61%59.60%59.60%59.61%59.60%59.60%59.60%59.60%59.59%
No. of Shareholders6,7096,7616,7116,6516,5826,5336,4866,4366,4506,5826,6346,669

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 18Mar 17Mar 16
FaceValue10.0010.0010.00
Basic EPS (Rs.)-49.66-2.48-11.95
Diluted EPS (Rs.)-49.66-2.48-11.95
Cash EPS (Rs.)-48.32-1.20-10.68
Book Value[Excl.RevalReserv]/Share (Rs.)-125.87-79.03-83.02
Book Value[Incl.RevalReserv]/Share (Rs.)-125.87-79.03-83.02
PBDIT / Share (Rs.)7.225.03-0.77
PBIT / Share (Rs.)5.893.75-2.06
PBT / Share (Rs.)-49.65-2.48-11.96
Net Profit / Share (Rs.)-49.65-2.48-11.96
NP After MI And SOA / Share (Rs.)-49.65-2.48-11.96
Return on Capital Employeed (%)-15.18140.2934.78
Return On Assets (%)-40.95-2.25-9.18
Long Term Debt / Equity (X)-0.63-0.94-0.83
Total Debt / Equity (X)-0.78-0.94-1.07
Current Ratio (X)0.220.260.27
Quick Ratio (X)0.140.160.04
Inventory Turnover Ratio (X)0.000.970.00
Interest Coverage Ratio (X)1.040.80-0.07
Interest Coverage Ratio (Post Tax) (X)0.840.60-0.20
Enterprise Value (Cr.)58.4254.2359.86
EV / EBITDA (X)18.4124.53-175.18
Price / BV (X)-0.29-0.65-0.60
EarningsYield-1.34-0.04-0.23

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Chrome Silicon Ltd as of November 18, 2024 is: 210.52

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 November 18, 2024, Chrome Silicon Ltd is Undervalued by 400.05% compared to the current share price 42.10

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of Chrome Silicon Ltd as of November 18, 2024 is: 400.63

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 November 18, 2024, Chrome Silicon Ltd is Undervalued by 851.62% compared to the current share price 42.10

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: 90.30%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of -62.75, which is a positive sign.
  2. The stock has a low average Cash Conversion Cycle of -61.92, which is a positive sign.
  3. The company has higher reserves (111.67 cr) compared to borrowings (32.25 cr), indicating strong financial stability.
  1. The stock has a low average ROCE of -8.25%, which may not be favorable.
  2. The company has not shown consistent growth in sales (43.31) and profit (-22.31).

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 Chrome Silicon Ltd:
    1. Net Profit Margin: 0%
      • 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: -15.18% (Industry Average ROCE: 10.17%)
      • 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%: 0% (Industry Average ROE: 9.91%)
      • 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): 0.84
      • 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: 0.14
      • 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: 0 (Industry average Stock P/E: 0.95)
      • 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: -0.78
      • 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

VBC Ferro Alloys Ltd. is a Public Limited Listed company incorporated on 03/10/1981 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L27101TG1981PLC003223 and registration number is 003223. Currently company belongs to the Industry of Ferro Alloys. Company’s Total Operating Revenue is Rs. 92.47 Cr. and Equity Capital is Rs. 16.39 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Ferro Alloys6-2-913/914, Third Floor, Hyderabad Telangana 500004info@vbcfal.in
http://www.vbcfal.in
Management
NamePosition Held
Mr. Indoori Narsing RaoChairman
Mr. P V RaoWhole Time Director
Ms. M PriyankaDirector
Mr. P RajuDirector
Mrs. M Sri ManiDirector
Mr. Hirak Kumar BasuDirector

FAQ

What is the latest intrinsic value of Chrome Silicon Ltd?

The latest intrinsic value of Chrome Silicon Ltd as on 18 November 2024 is ₹210.52, which is 400.05% higher than the current market price of ₹42.10.

What is the Market Cap of Chrome Silicon Ltd?

The Market Cap of Chrome Silicon Ltd is 69.0 Cr..

What is the current Stock Price of Chrome Silicon Ltd as on 18 November 2024?

The current stock price of Chrome Silicon Ltd as on 18 November 2024 is ₹42.1.

What is the High / Low of Chrome Silicon Ltd stocks in FY 2024?

In FY 2024, the High / Low of Chrome Silicon Ltd stocks is 52.3/32.2.

What is the Stock P/E of Chrome Silicon Ltd?

The Stock P/E of Chrome Silicon Ltd is .

What is the Book Value of Chrome Silicon Ltd?

The Book Value of Chrome Silicon Ltd is 63.7.

What is the Dividend Yield of Chrome Silicon Ltd?

The Dividend Yield of Chrome Silicon Ltd is 0.00 %.

What is the ROCE of Chrome Silicon Ltd?

The ROCE of Chrome Silicon Ltd is 16.2 %.

What is the ROE of Chrome Silicon Ltd?

The ROE of Chrome Silicon Ltd is 21.6 %.

What is the Face Value of Chrome Silicon Ltd?

The Face Value of Chrome Silicon 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 Chrome Silicon 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