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Last Updated on: 28 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Clean Science & Technology Ltd

About the Company - Clean Science & Technology Ltd

Clean Science & Technology Ltd. is a Public Limited Listed company incorporated on 07/11/2003 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L24114PN2003PLC018532 and registration number is 018532. Currently Company is involved in the business activities of Manufacture of various other chemical products(antiknock preparations, anti-freeze preparations, liquids for hydraulic transmission, composite diagnostic or laboratory reagents, writing or drawing ink, chemical substance used in manufacturing of pesticides and other chemical products). Company’s Total Operating Revenue is Rs. 684.89 Cr. and Equity Capital is Rs. 10.62 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Chemicals - Speciality - OthersOffice No. 503, Pentagon Tower P-4, Pune Maharashtra 411013compliance@cleanscience.co.in
http://www.cleanscience.co.in
Management
NamePosition Held
Mr. Pradeep Ramwilas RathiChairman & Non-Exe.Director
Mr. Ashok Ramnarayan BoobManaging Director
Mr. Siddhartha Ashok SikchiExecutive Director
Mr. Krishnakumar Ramnarayan BoobExecutive Director
Mr. Sanjay KothariNon Executive Director
Prof. Ganapati Dadasaheb YadavInd. Non-Executive Director
Mr. Keval Navinchandra DoshiInd. Non-Executive Director
Ms. Madhu DubhashiInd. Non-Executive Director

Clean Science & Technology Ltd. Share Price Update

Share PriceValue
Today₹1,451.95
Previous Day₹1,468.35

Basic Stock Data of Clean Science & Technology Ltd

Market Cap 14,822 Cr.
Current Price 1,395
High / Low1,622/1,227
Stock P/E58.3
Book Value 103
Dividend Yield0.35 %
ROCE44.5 %
ROE33.2 %
Face Value 1.00

Data Source: screener.in

Competitors of Clean Science & Technology Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Savita Oil Technologies Ltd 3,124 Cr. 452485/23215.0 2210.85 %24.2 %16.1 % 2.00
Neogen Chemicals Ltd 3,617 Cr. 1,3711,859/1,24388.9 1880.22 %13.2 %10.9 % 10.0
Aether Industries Ltd 11,524 Cr. 8691,211/77889.0 1540.00 %18.4 %15.9 % 10.0
Aarti Surfactants Ltd 518 Cr. 684854/41724.3 2090.00 %10.6 %8.36 % 10.0
Thirumalai Chemicals Ltd 2,581 Cr. 252269/168 1180.58 %10.9 %7.88 % 1.00
Industry Average4,272.80 Cr725.6043.44178.000.33%15.46%11.83%6.60

Clean Science & Technology Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales125134146153181205234248237217188181195
Expenses63647584105121143150129112112106108
Operating Profit6370716976849197108105767587
OPM %50%52%49%45%42%41%39%39%46%48%40%41%44%
Other Income7679772313131368
Interest0000000000000
Depreciation54666789910111111
Profit before tax6571727178848592112108796983
Tax %24%26%24%25%25%26%26%26%25%25%25%25%25%
Net Profit49535554586263688481595263
EPS in Rs369.595.005.145.045.465.875.926.407.897.585.554.915.89

Clean Science & Technology Ltd Quarterly Chart

Clean Science & Technology Ltd Profit & Loss

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales241393419512685936823
Expenses167257234253385533459
Operating Profit74137186260300403364
OPM %31%35%44%51%44%43%44%
Other Income5111125303045
Interest1000010
Depreciation8111417253641
Profit before tax70137182267305396367
Tax %30%28%23%26%25%25%
Net Profit4998140198228295275
EPS in Rs345.41689.841,051.6718.6821.5127.7825.93
Dividend Payout %12%15%2%134%15%18%

Clean Science & Technology Ltd Profit & Loss Yearly Chart

YoY Net Profit Growth
Year2018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)100.00%42.86%41.43%15.15%29.39%
Change in YoY Net Profit Growth (%)0.00%-57.14%-1.43%-26.28%14.23%

Clean Science & Technology Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:31%
3 Years:31%
TTM:-15%
Compounded Profit Growth
10 Years:%
5 Years:43%
3 Years:28%
TTM:-8%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:%
1 Year:6%
Return on Equity
10 Years:%
5 Years:38%
3 Years:36%
Last Year:33%

Clean Science & Technology Ltd Balance Sheet

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital11111111111
Reserves1862713415297589991,080
Borrowings1330023
Other Liabilities485385120156140137
Total Liabilities2363274306609251,1521,231
Fixed Assets102127166186296460452
CWIP243554420139
Investments1875133232191353343
Other Assets114121128187394318297
Total Assets2363274306609251,1521,231

Clean Science & Technology Ltd Reserves and Borrowings Chart

Aether Industries Ltd Cash Flow

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 4585160193127279
Cash from Investing Activity -17-94-105-187-79-270
Cash from Financing Activity -5-11-55-6-0-55
Net Cash Flow23-20-0049-45

Clean Science & Technology Ltd Financial Efficiency Indicators

MonthMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days605561538257
Inventory Days937998156143122
Days Payable854810118016690
Cash Conversion Cycle698758295989
Working Capital Days606435329068
ROCE %59%59%61%47%44%

Clean Science & Technology Ltd Financial Efficiency Indicators Chart

Clean Science & Technology Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters94.65%78.51%78.51%78.51%78.51%78.50%78.50%78.50%74.98%74.98%74.98%
FIIs0.00%3.88%5.05%5.18%4.43%4.43%3.99%3.99%5.84%6.01%5.92%
DIIs0.77%4.73%4.28%4.02%4.51%4.48%4.65%4.76%6.41%5.23%5.13%
Public4.58%12.88%12.16%12.29%12.55%12.58%12.86%12.74%12.78%13.79%13.98%
No. of Shareholders312,44,3362,42,6422,63,5932,70,4462,70,6162,75,1022,70,8232,66,9712,85,2592,78,653

Clean Science & Technology Ltd Shareholding Pattern Chart

No. of Clean Science & Technology Ltd Shareholders

Clean Science & Technology Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
Axis ELSS Tax Saver Fund8784700.4136.08
Axis Growth Opportunities Fund7785351.12120.6
Axis Flexi Cap Fund4564340.6170.71
PGIM India Midcap Opportunities Fund4556120.770.58
Aditya Birla Sun Life Equity Hybrid 95 Fund3122090.6548.36
Aditya Birla Sun Life Equity Advantage Fund2857140.844.26
Invesco India ELSS Tax Saver Fund2623141.6540.64
Nippon India Retirement Fund - Wealth Creation Scheme1700000.9126.33
Invesco India Growth Opportunities Fund1366590.4621.17
Aditya Birla Sun Life Small Cap Fund1218510.3618.88

Clean Science & Technology Ltd ROCE Trend

Clean Science & Technology Ltd EPS Trend

Clean Science & Technology Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue1.001.001.0010.0010.00
Basic EPS (Rs.)27.7921.5118.6813.159.19
Diluted EPS (Rs.)27.7821.5118.6813.159.19
Cash EPS (Rs.)31.1823.8620.301154.71767.59
Book Value[Excl.RevalReserv]/Share (Rs.)95.0772.3450.812576.031921.31
Book Value[Incl.RevalReserv]/Share (Rs.)95.0772.3450.812576.031921.31
Revenue From Operations / Share (Rs.)88.0864.4848.243157.382777.33
PBDIT / Share (Rs.)40.6631.0526.791477.041042.39
PBIT / Share (Rs.)37.2628.7125.171373.77964.47
PBT / Share (Rs.)37.2428.6925.161372.86964.24
Net Profit / Share (Rs.)27.7821.5118.681051.44689.67
NP After MI And SOA / Share (Rs.)27.7821.5118.681051.44689.67
PBDIT Margin (%)46.1548.1655.5346.7837.53
PBIT Margin (%)42.2944.5252.1843.5034.72
PBT Margin (%)42.2744.5052.1643.4834.71
Net Profit Margin (%)31.5433.3638.7133.3024.83
NP After MI And SOA Margin (%)31.5433.3638.7133.3024.83
Return on Networth / Equity (%)29.2229.7336.7540.8135.89
Return on Capital Employeed (%)38.1938.6147.9251.6947.69
Return On Assets (%)25.6224.7130.0632.4829.82
Total Debt / Equity (X)0.000.000.000.010.01
Asset Turnover Ratio (%)0.890.860.941.110.00
Current Ratio (X)5.464.233.873.344.68
Quick Ratio (X)4.513.573.362.893.78
Inventory Turnover Ratio (X)3.443.483.153.570.00
Dividend Payout Ratio (NP) (%)18.890.000.002.535.07
Dividend Payout Ratio (CP) (%)16.830.000.002.304.55
Earning Retention Ratio (%)81.110.000.0097.4794.93
Cash Earning Retention Ratio (%)83.170.000.0097.7095.45
Interest Coverage Ratio (X)2214.972243.953127.441621.084472.79
Interest Coverage Ratio (Post Tax) (X)1514.721555.392181.001154.982960.33
Enterprise Value (Cr.)13420.0321095.820.000.000.00
EV / Net Operating Revenue (X)14.3430.800.000.000.00
EV / EBITDA (X)31.0763.950.000.000.00
MarketCap / Net Operating Revenue (X)14.3530.910.000.000.00
Retention Ratios (%)81.100.000.0097.4694.92
Price / BV (X)13.3027.550.000.000.00
Price / Net Operating Revenue (X)14.3530.910.000.000.00
EarningsYield0.020.010.000.000.00

Clean Science & Technology Ltd Profitability Ratios (%)

Clean Science & Technology Ltd Liquidity Ratios

Clean Science & Technology Ltd Liquidity Ratios (%)

Clean Science & Technology Ltd Interest Coverage Ratios (X)

Clean Science & Technology Ltd Valuation Ratios

Fair Value / Intrinsic Value of Clean Science & Technology Ltd

Fair Value: ₹2000.60

The stock is undervalued by 43.41% compared to the current price ₹1395

*Investments are subject to market risks

Strength and Weakness of Clean Science & Technology Ltd

StrengthWeakness
  1. The stock has a high average ROCE of 45.00%, which is a positive sign.
  2. The company has higher reserves (594.86 cr) compared to borrowings (1.71 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (572.71 cr) and profit (246.29 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 485.88 and average Dividend Yield of 43.44%.
  2. The stock has a high average Working Capital Days of 58.17, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 65.17, which may not be favorable.

Should I Buy Aether Industries Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Clean Science & Technology Ltd:
    1. Net Profit Margin: 31.54%
      • 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: 38.19% (Industry Average ROCE: 27.66%)
      • 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. Interest Coverage Ratio (Post Tax): 1514.72
      • 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.
    4. Quick Ratio: 4.51
      • 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.
    5. ✗ Stock P/E: 58.3 (Industry average Stock P/E: 33.54)
      • 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.
    6. ✓ Total Debt / Equity: 0.00
      • 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 suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

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 Clean Science & Technology 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