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Last Updated on: 24 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 537536 | NSE: DENISCHEM

Denis Chem Lab Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 23, 2024, 9:26 pm

Market Cap 258 Cr.
Current Price 186
High / Low 233/114
Stock P/E22.4
Book Value 59.4
Dividend Yield1.34 %
ROCE20.1 %
ROE14.6 %
Face Value 10.0
PEG Ratio0.62

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

View Share Price Target for Denis Chem Lab Ltd

Competitors of

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Gujarat Metallic Coal & Coke Ltd 5.94 Cr. 30.0 32.8/19.9 77.60.00 %0.37 %2.00 % 100
Gensol Engineering Ltd 2,837 Cr. 748 1,377/72534.8 1550.00 %14.3 %20.1 % 10.0
Gagan Polycot India Ltd 0.86 Cr. 0.86/ 4.080.00 %81.2 %81.2 % 10.0
Fusion Micro Finance Ltd 1,745 Cr. 174 675/161 2510.00 %14.1 %19.6 % 10.0
Five X Tradecom Ltd 0.99 Cr. 0.48/ 9.350.00 %0.00 %0.00 % 10.0
Industry Average5,477.21 Cr261.97227.85108.750.25%21.46%71.78%9.42

All Competitor Stocks of

Quarterly Result

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales33.1631.7633.8637.7739.2944.5137.3339.7342.4845.4340.0639.8541.26
Expenses29.3526.7530.4935.6134.9938.7433.3834.9937.4540.2934.0734.7736.91
Operating Profit3.815.013.372.164.305.773.954.745.035.145.995.084.35
OPM %11.49%15.77%9.95%5.72%10.94%12.96%10.58%11.93%11.84%11.31%14.95%12.75%10.54%
Other Income0.070.010.040.930.080.110.070.340.010.520.260.590.32
Interest0.240.200.210.110.170.080.120.260.090.090.130.230.12
Depreciation1.401.411.481.471.361.371.373.721.591.761.841.751.63
Profit before tax2.243.411.721.512.854.432.531.103.363.814.283.692.92
Tax %28.57%26.39%30.23%37.09%24.91%29.80%28.06%29.09%20.24%33.07%25.23%26.02%28.77%
Net Profit1.612.511.200.942.153.111.830.782.682.543.202.732.08
EPS in Rs1.161.810.860.681.552.241.320.561.931.832.311.971.50

Last Updated: October 7, 2024, 8:14 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales55677598112107123135109136161167167
Expenses49606689989511012099122142146146
Operating Profit6698141214151014192121
OPM %11%9%12%9%12%11%11%11%9%11%12%13%12%
Other Income0000112001112
Interest2357653321111
Depreciation1146766766877
Profit before tax320-3226639111515
Tax %34%41%78%30%37%-5%-7%26%27%30%28%26%
Net Profit210-412642681111
EPS in Rs3.111.170.07-4.160.891.544.583.031.634.515.668.047.61
Dividend Payout %18%0%0%0%0%0%22%0%46%33%35%31%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-50.00%-100.00%125.00%100.00%200.00%-33.33%-50.00%200.00%33.33%37.50%
Change in YoY Net Profit Growth (%)0.00%-50.00%225.00%-25.00%100.00%-233.33%-16.67%250.00%-166.67%4.17%

Denis Chem Lab 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:10%
5 Years:6%
3 Years:15%
TTM:2%
Compounded Profit Growth
10 Years:24%
5 Years:15%
3 Years:70%
TTM:47%
Stock Price CAGR
10 Years:18%
5 Years:39%
3 Years:36%
1 Year:59%
Return on Equity
10 Years:8%
5 Years:10%
3 Years:12%
Last Year:15%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 1:52 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital2399121414141414141414
Reserves7687183643454853586669
Borrowings173148443725231493214
Other Liabilities10121724272626252227252831
Total Liabilities355281859410110697929699109118
Fixed Assets1094240444050464142353836
CWIP09010150000200
Investments0000000000000
Other Assets25343935495655525155627281
Total Assets355281859410110697929699109118

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +-1-214217118138171618
Cash from Investing Activity +-1-9-28-13-1-16-2-2-1-10-11-15
Cash from Financing Activity +41213-7-01-5-14-6-7-4-4
Net Cash Flow10-115-41-31-01-1

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-11.00-25.00-39.00-36.00-23.00-13.00-9.001.001.0011.0017.0020.00

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 Days111911238510410510694110857169
Inventory Days403740393552505160503943
Days Payable605381119136150102108103997990
Cash Conversion Cycle907581438553767363122
Working Capital Days671006143947595581544439
ROCE %22%16%11%5%13%9%11%11%6%14%16%20%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters38.98%38.98%38.98%38.98%38.98%38.98%38.98%38.98%38.98%38.98%38.98%38.98%
Public61.02%61.02%61.02%61.02%61.02%61.03%61.03%61.02%61.02%61.01%61.02%61.01%
No. of Shareholders3,0593,2283,2953,3623,4323,4933,7234,6354,7944,8346,0216,857

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)8.045.664.511.633.03
Diluted EPS (Rs.)8.045.664.511.633.03
Cash EPS (Rs.)13.0411.308.665.927.84
Book Value[Excl.RevalReserv]/Share (Rs.)57.9152.0847.8944.3242.58
Book Value[Incl.RevalReserv]/Share (Rs.)57.9152.0847.8944.3242.58
Dividend / Share (Rs.)2.502.001.500.750.00
Revenue From Operations / Share (Rs.)120.94115.9198.4178.7898.11
PBDIT / Share (Rs.)16.3013.9611.107.6411.01
PBIT / Share (Rs.)11.308.336.953.346.21
PBT / Share (Rs.)10.907.876.402.224.13
Net Profit / Share (Rs.)8.045.664.511.633.04
PBDIT Margin (%)13.4712.0411.279.6911.22
PBIT Margin (%)9.347.187.054.246.33
PBT Margin (%)9.016.786.502.824.20
Net Profit Margin (%)6.644.884.582.073.09
Return on Networth / Equity (%)13.8810.879.423.687.13
Return on Capital Employeed (%)19.0815.3313.566.8113.66
Return On Assets (%)10.207.906.492.454.32
Long Term Debt / Equity (X)0.010.010.030.070.03
Total Debt / Equity (X)0.010.020.040.140.17
Asset Turnover Ratio (%)1.611.641.451.151.34
Current Ratio (X)2.552.462.112.011.46
Quick Ratio (X)2.182.081.721.631.21
Inventory Turnover Ratio (X)8.287.877.196.337.42
Dividend Payout Ratio (NP) (%)24.8726.4816.610.0032.92
Dividend Payout Ratio (CP) (%)15.3313.278.650.0012.75
Earning Retention Ratio (%)75.1373.5283.390.0067.08
Cash Earning Retention Ratio (%)84.6786.7391.350.0087.25
Interest Coverage Ratio (X)41.6430.2120.366.825.28
Interest Coverage Ratio (Post Tax) (X)21.5413.269.282.462.46
Enterprise Value (Cr.)185.7073.5188.5756.4348.49
EV / Net Operating Revenue (X)1.110.450.640.510.35
EV / EBITDA (X)8.213.795.755.323.17
MarketCap / Net Operating Revenue (X)1.250.550.690.470.30
Retention Ratios (%)75.1273.5183.380.0067.07
Price / BV (X)2.601.221.420.840.69
Price / Net Operating Revenue (X)1.250.550.690.470.30
EarningsYield0.050.080.060.040.10

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Denis Chem Lab Ltd as of December 24, 2024 is: 196.86

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 24, 2024, Denis Chem Lab Ltd is Undervalued by 5.84% compared to the current share price 186.00

Intrinsic Value of Denis Chem Lab Ltd as of December 24, 2024 is: 267.91

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 24, 2024, Denis Chem Lab Ltd is Undervalued by 44.04% compared to the current share price 186.00

Last 5 Year EPS CAGR: 36.09%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (35.69 cr) compared to borrowings (19.85 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (116.31 cr) and profit (5.46 cr) over the years.
  1. The stock has a low average ROCE of 12.83%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 54.17, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 42.42, 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 Denis Chem Lab Ltd:
    1. Net Profit Margin: 6.64%
      • 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: 19.08% (Industry Average ROCE: 21.46%)
      • 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%: 13.88% (Industry Average ROE: 71.78%)
      • 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): 21.54
      • 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: 2.18
      • 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: 22.4 (Industry average Stock P/E: 227.85)
      • 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: 0.01
      • 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

Denis Chem Lab Ltd. is a Public Limited Listed company incorporated on 15/07/1980 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L24230GJ1980PLC003843 and registration number is 003843. Currently Company is involved in the business activities of Manufacture of allopathic pharmaceutical preparations. Company’s Total Operating Revenue is Rs. 136.56 Cr. and Equity Capital is Rs. 13.88 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Medical Equipment & AccessoriesBlock No. 457, Village : Chhatral, Gandhi Nagar Dist. Gujarat 382729denischem401@gmail.com
http://www.denischemlab.com
Management
NamePosition Held
Mr. Dinesh B PatelChairman
Dr. Himanshu C PatelManaging Director
Dr. Gaurang K DalalIndependent Director
Dr. Gauri S TrivediIndependent Director
Mr. Hemendrakumar C ShahIndependent Director
Ms. Anar H PatelDirector

FAQ

What is the latest intrinsic value of Denis Chem Lab Ltd?

The latest intrinsic value of Denis Chem Lab Ltd as on 23 December 2024 is ₹196.86, which is 5.84% higher than the current market price of ₹186.00. The stock has a market capitalization of 258 Cr. and recorded a high/low of 233/114 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹69 Cr and total liabilities of ₹118 Cr.

What is the Market Cap of Denis Chem Lab Ltd?

The Market Cap of Denis Chem Lab Ltd is 258 Cr..

What is the current Stock Price of Denis Chem Lab Ltd as on 23 December 2024?

The current stock price of Denis Chem Lab Ltd as on 23 December 2024 is 186.

What is the High / Low of Denis Chem Lab Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Denis Chem Lab Ltd stocks is 233/114.

What is the Stock P/E of Denis Chem Lab Ltd?

The Stock P/E of Denis Chem Lab Ltd is 22.4.

What is the Book Value of Denis Chem Lab Ltd?

The Book Value of Denis Chem Lab Ltd is 59.4.

What is the Dividend Yield of Denis Chem Lab Ltd?

The Dividend Yield of Denis Chem Lab Ltd is 1.34 %.

What is the ROCE of Denis Chem Lab Ltd?

The ROCE of Denis Chem Lab Ltd is 20.1 %.

What is the ROE of Denis Chem Lab Ltd?

The ROE of Denis Chem Lab Ltd is 14.6 %.

What is the Face Value of Denis Chem Lab Ltd?

The Face Value of Denis Chem Lab 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 Denis Chem Lab 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