Dai Ichi Karkaria Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 26, 2024, 8:59 pm

Market Cap	288 Cr.
Current Price	386
High / Low	799/365
Stock P/E	120
Book Value	241
Dividend Yield	0.52 %
ROCE	0.25 %
ROE	1.43 %
Face Value	10.0
PEG Ratio	-6.18

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Dai Ichi Karkaria Ltd

Competitors of Dai Ichi Karkaria Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
HP Adhesives Ltd	717 Cr.	78.1	131/75.0	34.8	19.2	0.38 %	17.7 %	12.6 %	2.00
Haryana Leather Chemicals Ltd	43.7 Cr.	89.0	124/56.8	9.67	87.2	1.12 %	8.96 %	7.25 %	10.0
Hardcastle & Waud Mfg Co Ltd	58.6 Cr.	861	1,355/451	30.7	663	0.00 %	7.00 %	5.98 %	10.0
Grauer & Weil (India) Ltd	4,502 Cr.	99.3	120/64.9	28.1	19.2	0.50 %	26.1 %	19.6 %	1.00
DMCC Speciality Chemicals Ltd	906 Cr.	365	453/245	68.3	85.4	0.27 %	10.8 %	5.68 %	10.0
Industry Average	12,833.74 Cr	928.37		57.57	173.84	0.31%	14.09%	10.82%	6.44

All Competitor Stocks of Dai Ichi Karkaria Ltd

Quarterly Result

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Sales	25.76	30.15	31.27	38.28	54.32	48.88	42.46	27.86	35.05	35.27	33.40	33.86	36.75
Expenses	31.25	34.24	36.03	39.43	48.98	42.25	37.38	28.44	33.42	32.82	30.61	31.92	35.04
Operating Profit	-5.49	-4.09	-4.76	-1.15	5.34	6.63	5.08	-0.58	1.63	2.45	2.79	1.94	1.71
OPM %	-21.31%	-13.57%	-15.22%	-3.00%	9.83%	13.56%	11.96%	-2.08%	4.65%	6.95%	8.35%	5.73%	4.65%
Other Income	1.13	1.38	4.91	1.27	9.28	4.85	1.32	0.98	21.47	0.66	1.26	0.66	1.12
Interest	0.27	0.76	0.23	0.67	0.68	0.63	1.06	1.18	0.97	0.47	0.44	0.47	0.50
Depreciation	1.68	1.71	1.74	1.71	1.73	1.85	2.16	2.29	2.30	2.35	2.29	2.49	2.58
Profit before tax	-6.31	-5.18	-1.82	-2.26	12.21	9.00	3.18	-3.07	19.83	0.29	1.32	-0.36	-0.25
Tax %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	114.47%	-4.89%	25.26%	-103.45%	24.24%	-25.00%	48.00%
Net Profit	-6.51	-4.92	-1.38	-1.93	12.28	9.18	0.57	-2.90	14.60	1.11	1.09	0.43	-0.23
EPS in Rs	-8.74	-6.60	-1.85	-2.59	16.48	12.32	0.76	-3.89	19.59	1.49	1.46	0.58	-0.31

Last Updated: November 6, 2024, 6:57 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	102	147	181	194	126	147	92	107	97	122	184	132	138
Expenses	96	134	159	161	109	132	103	112	111	140	168	125	129
Operating Profit	6	13	22	32	17	15	-11	-5	-14	-18	16	6	9
OPM %	6%	9%	12%	17%	14%	10%	-12%	-5%	-14%	-15%	9%	5%	6%
Other Income	5	10	15	4	12	6	2	-0	87	8	17	24	24
Interest	0	1	0	1	0	0	7	10	9	1	3	3	2
Depreciation	2	2	5	2	2	4	8	9	9	7	7	9	9
Profit before tax	9	20	32	34	27	16	-24	-25	56	-18	22	18	21
Tax %	27%	24%	28%	35%	24%	27%	-48%	0%	13%	0%	16%	27%
Net Profit	7	16	23	22	25	14	-13	-23	51	-18	20	14	17
EPS in Rs	8.83	20.94	31.24	29.34	33.43	18.32	-16.92	-30.76	68.02	-24.20	26.94	18.65	23.12
Dividend Payout %	28%	12%	10%	10%	9%	14%	-15%	-8%	4%	0%	15%	11%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	128.57%	43.75%	-4.35%	13.64%	-44.00%	-192.86%	-76.92%	321.74%	-135.29%	211.11%	-30.00%
Change in YoY Net Profit Growth (%)	0.00%	-84.82%	-48.10%	17.98%	-57.64%	-148.86%	115.93%	398.66%	-457.03%	346.41%	-241.11%

Dai Ichi Karkaria Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	-1%
5 Years:	7%
3 Years:	11%
TTM:	-10%

Compounded Profit Growth
10 Years:	%
5 Years:	12%
3 Years:	24%
TTM:	-21%

Stock Price CAGR
10 Years:	10%
5 Years:	5%
3 Years:	1%
1 Year:	3%

Return on Equity
10 Years:	0%
5 Years:	-7%
3 Years:	-3%
Last Year:	-1%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 4:42 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	7	7	7	7	7	7	7	7	7	7	7	7	7
Reserves	67	80	101	119	142	151	135	112	163	142	162	173	172
Borrowings	1	1	1	1	4	77	104	108	20	22	38	19	19
Other Liabilities	22	31	38	31	25	41	35	42	48	43	39	23	28
Total Liabilities	97	119	147	159	179	276	281	270	239	214	247	222	227
Fixed Assets	17	17	16	17	20	94	164	153	105	105	139	132	131
CWIP	6	7	6	14	32	43	5	3	0	2	0	2	0
Investments	20	31	42	40	64	41	24	23	27	21	23	21	22
Other Assets	55	65	83	88	62	98	88	92	107	86	85	67	74
Total Assets	97	119	147	159	179	276	281	270	239	214	247	222	227

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-4	4	5	11	3	-8	6	1	-22	-3	23	10
Cash from Investing Activity +	9	-3	-0	-8	-7	-57	-21	1	130	-4	-33	16
Cash from Financing Activity +	-2	-3	-3	-6	2	66	16	-6	-97	-2	13	-25
Net Cash Flow	4	-2	3	-3	-2	2	1	-4	11	-10	4	1

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	5.00	12.00	21.00	31.00	13.00	-62.00	-115.00	-113.00	-34.00	-40.00	-22.00	-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

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	72	75	76	70	59	75	65	70	89	53	53	62
Inventory Days	63	51	53	51	78	74	98	104	133	93	59	77
Days Payable	70	76	94	82	68	83	128	146	210	122	87	74
Cash Conversion Cycle	65	50	34	39	70	66	36	28	11	24	25	65
Working Capital Days	55	45	43	52	67	79	47	42	103	66	46	70
ROCE %	12%	17%	23%	28%	17%	8%	-7%	-4%	-8%	-12%	8%	0%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	63.88%	63.88%	63.88%	63.88%	63.88%	63.88%	63.88%	63.88%	63.88%	63.88%	63.88%	63.88%
DIIs	0.44%	0.44%	0.44%	0.44%	0.44%	0.35%	0.35%	0.35%	0.00%	0.00%	0.00%	0.00%
Public	35.69%	35.69%	35.69%	35.69%	35.68%	35.76%	35.78%	35.78%	36.12%	36.11%	36.11%	36.12%
No. of Shareholders	5,429	5,843	5,914	5,578	5,634	5,389	5,203	5,395	5,555	5,085	5,521	5,918

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	18.65	26.94	-24.20	68.03	-30.75
Diluted EPS (Rs.)	18.65	26.94	-24.20	68.03	-30.75
Cash EPS (Rs.)	30.50	34.79	-20.44	76.44	-20.78
Book Value[Excl.RevalReserv]/Share (Rs.)	242.63	228.05	201.21	199.42	160.60
Book Value[Incl.RevalReserv]/Share (Rs.)	242.63	228.05	201.21	199.42	160.60
Revenue From Operations / Share (Rs.)	176.62	246.90	163.54	130.76	143.85
PBDIT / Share (Rs.)	13.53	29.97	-18.77	-11.56	-1.66
PBIT / Share (Rs.)	1.14	19.97	-27.89	-22.98	-14.36
PBT / Share (Rs.)	24.66	29.68	-29.57	74.94	-33.48
Net Profit / Share (Rs.)	18.11	24.79	-29.57	65.02	-33.48
NP After MI And SOA / Share (Rs.)	18.66	26.94	-24.20	68.03	-30.77
PBDIT Margin (%)	7.66	12.13	-11.47	-8.83	-1.15
PBIT Margin (%)	0.64	8.08	-17.05	-17.57	-9.98
PBT Margin (%)	13.96	12.02	-18.08	57.30	-23.27
Net Profit Margin (%)	10.25	10.04	-18.08	49.72	-23.27
NP After MI And SOA Margin (%)	10.56	10.91	-14.79	52.02	-21.38
Return on Networth / Equity (%)	7.68	11.81	-12.02	34.11	-19.15
Return on Capital Employeed (%)	0.46	7.84	-13.26	-11.34	-5.63
Return On Assets (%)	6.25	8.11	-8.41	23.34	-8.47
Long Term Debt / Equity (X)	0.01	0.10	0.02	0.00	0.56
Total Debt / Equity (X)	0.10	0.22	0.14	0.13	0.76
Asset Turnover Ratio (%)	0.56	0.83	0.59	0.39	0.40
Current Ratio (X)	1.37	1.19	1.18	1.40	0.91
Quick Ratio (X)	0.93	0.85	0.78	1.03	0.66
Inventory Turnover Ratio (X)	4.43	5.51	3.62	3.13	3.98
Dividend Payout Ratio (NP) (%)	21.43	0.00	-12.42	0.00	0.00
Dividend Payout Ratio (CP) (%)	12.88	0.00	-19.94	0.00	0.00
Earning Retention Ratio (%)	78.57	0.00	112.42	0.00	0.00
Cash Earning Retention Ratio (%)	87.12	0.00	119.94	0.00	0.00
Interest Coverage Ratio (X)	3.29	7.35	-9.38	-0.93	-0.12
Interest Coverage Ratio (Post Tax) (X)	-1.32	3.70	-13.95	-2.66	-1.04
Enterprise Value (Cr.)	392.80	299.51	288.20	226.70	218.01
EV / Net Operating Revenue (X)	2.99	1.63	2.37	2.33	2.03
EV / EBITDA (X)	38.97	13.41	-20.62	-26.33	-175.82
MarketCap / Net Operating Revenue (X)	2.89	1.47	2.24	2.28	1.22
Retention Ratios (%)	78.56	0.00	112.42	0.00	0.00
Price / BV (X)	2.10	1.59	1.82	1.49	1.09
Price / Net Operating Revenue (X)	2.89	1.47	2.24	2.28	1.22
EarningsYield	0.03	0.07	-0.06	0.22	-0.17

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Dai Ichi Karkaria Ltd as of December 27, 2024 is: 415.71

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 27, 2024, Dai Ichi Karkaria Ltd is Undervalued by 7.70% compared to the current share price 386.00

Intrinsic Value of Dai Ichi Karkaria Ltd as of December 27, 2024 is: 335.01

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 27, 2024, Dai Ichi Karkaria Ltd is Overvalued by 13.21% compared to the current share price 386.00

Last 5 Year EPS CAGR: -19.41%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (132.23 cr) compared to borrowings (31.92 cr), indicating strong financial stability. The company has shown consistent growth in sales (136.08 cr) and profit (14.46 cr) over the years.	The stock has a low average ROCE of 6.83%, which may not be favorable. The stock has a high average Working Capital Days of 59.58, which may not be favorable. The stock has a high average Cash Conversion Cycle of 42.75, 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 Dai Ichi Karkaria Ltd:
1. Net Profit Margin: 10.25%
  - 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: 0.46% (Industry Average ROCE: 14.09%)
  - 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%: 7.68% (Industry Average ROE: 10.48%)
  - 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): -1.32
  - 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: 0.93
  - 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: 120 (Industry average Stock P/E: 48.58)
  - 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: 0.1
  - 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

No data availabale for About the Company

INDUSTRY	ADDRESS	CONTACT
Industry not found	Address not found	Contact not found

Management Data not Available

FAQ

What is the latest intrinsic value of Dai Ichi Karkaria Ltd?

The latest intrinsic value of Dai Ichi Karkaria Ltd as on 27 December 2024 is ₹415.71, which is 7.70% higher than the current market price of ₹386.00. The stock has a market capitalization of 288 Cr. and recorded a high/low of 799/365 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹172 Cr and total liabilities of ₹227 Cr.

What is the Market Cap of Dai Ichi Karkaria Ltd?

The Market Cap of Dai Ichi Karkaria Ltd is 288 Cr..

What is the current Stock Price of Dai Ichi Karkaria Ltd as on 27 December 2024?

The current stock price of Dai Ichi Karkaria Ltd as on 27 December 2024 is 386.

What is the High / Low of Dai Ichi Karkaria Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Dai Ichi Karkaria Ltd stocks is 799/365.

What is the Stock P/E of Dai Ichi Karkaria Ltd?

The Stock P/E of Dai Ichi Karkaria Ltd is 120.

What is the Book Value of Dai Ichi Karkaria Ltd?

The Book Value of Dai Ichi Karkaria Ltd is 241.

What is the Dividend Yield of Dai Ichi Karkaria Ltd?

The Dividend Yield of Dai Ichi Karkaria Ltd is 0.52 %.

What is the ROCE of Dai Ichi Karkaria Ltd?

The ROCE of Dai Ichi Karkaria Ltd is 0.25 %.

What is the ROE of Dai Ichi Karkaria Ltd?

The ROE of Dai Ichi Karkaria Ltd is 1.43 %.

What is the Face Value of Dai Ichi Karkaria Ltd?

The Face Value of Dai Ichi Karkaria Ltd is 10.0.