Dynemic Products Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 16, 2025, 11:11 pm

Market Cap	379 Cr.
Current Price	310
High / Low	492/235
Stock P/E	25.1
Book Value	174
Dividend Yield	0.00 %
ROCE	4.94 %
ROE	1.89 %
Face Value	10.0
PEG Ratio	-2.08

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Dynemic Products Ltd

Competitors of Dynemic Products Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Dynamic Industries Ltd	29.7 Cr.	98.1	124/65.0	29.4	157	0.51 %	0.04 %	0.49 %	10.0
Daikaffil Chemicals India Ltd	112 Cr.	187	281/83.9		16.1	0.00 %	12.2 %	12.2 %	10.0
Amal Ltd	797 Cr.	645	830/296	34.8	61.4	0.00 %	6.58 %	2.42 %	10.0
Vidhi Specialty Food Ingredients Ltd	2,123 Cr.	425	572/382	50.4	58.0	0.82 %	17.3 %	13.8 %	1.00
Ushanti Colour Chem Ltd	57.9 Cr.	51.5	68.4/47.2		38.6	0.00 %	0.21 %	5.88 %	10.0
Industry Average	1,468.46 Cr	332.14		43.85	163.11	0.30%	6.86%	5.77%	8.13

All Competitor Stocks of Dynemic Products Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	63.44	71.77	65.24	84.41	73.84	72.43	68.16	65.39	71.55	78.95	80.05	97.85	95.54
Expenses	51.58	62.56	64.98	74.75	65.61	61.83	58.75	61.10	63.66	68.54	70.04	85.35	82.64
Operating Profit	11.86	9.21	0.26	9.66	8.23	10.60	9.41	4.29	7.89	10.41	10.01	12.50	12.90
OPM %	18.69%	12.83%	0.40%	11.44%	11.15%	14.63%	13.81%	6.56%	11.03%	13.19%	12.50%	12.77%	13.50%
Other Income	0.03	0.19	0.05	0.05	0.06	0.24	0.05	0.06	0.07	0.51	0.05	0.06	0.05
Interest	2.14	3.76	4.29	4.52	3.71	3.59	2.56	3.93	2.76	3.64	2.26	3.23	2.93
Depreciation	3.67	3.98	4.17	4.22	4.23	4.14	4.19	4.22	4.18	4.10	4.09	4.13	4.15
Profit before tax	6.08	1.66	-8.15	0.97	0.35	3.11	2.71	-3.80	1.02	3.18	3.71	5.20	5.87
Tax %	15.95%	384.94%	0.25%	1.03%	5.71%	-27.01%	29.15%	-5.53%	-20.59%	-27.67%	25.34%	25.19%	25.21%
Net Profit	5.11	-4.72	-8.17	0.97	0.32	3.94	1.91	-3.59	1.23	4.06	2.78	3.89	4.39
EPS in Rs	4.29	-3.97	-6.87	0.82	0.27	3.37	1.64	-2.98	1.02	3.38	2.31	3.23	3.65

Last Updated: March 3, 2025, 4:41 pm

Below is a detailed analysis of the quarterly data for Dynemic Products Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is 95.54 Cr.. The value appears to be declining and may need further review. It has decreased from 97.85 Cr. (Sep 2024) to 95.54 Cr., marking a decrease of 2.31 Cr..
For Expenses, as of Dec 2024, the value is 82.64 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 85.35 Cr. (Sep 2024) to 82.64 Cr., marking a decrease of 2.71 Cr..
For Operating Profit, as of Dec 2024, the value is 12.90 Cr.. The value appears strong and on an upward trend. It has increased from 12.50 Cr. (Sep 2024) to 12.90 Cr., marking an increase of 0.40 Cr..
For OPM %, as of Dec 2024, the value is 13.50%. The value appears strong and on an upward trend. It has increased from 12.77% (Sep 2024) to 13.50%, marking an increase of 0.73%.
For Other Income, as of Dec 2024, the value is 0.05 Cr.. The value appears to be declining and may need further review. It has decreased from 0.06 Cr. (Sep 2024) to 0.05 Cr., marking a decrease of 0.01 Cr..
For Interest, as of Dec 2024, the value is 2.93 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 3.23 Cr. (Sep 2024) to 2.93 Cr., marking a decrease of 0.30 Cr..
For Depreciation, as of Dec 2024, the value is 4.15 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4.13 Cr. (Sep 2024) to 4.15 Cr., marking an increase of 0.02 Cr..
For Profit before tax, as of Dec 2024, the value is 5.87 Cr.. The value appears strong and on an upward trend. It has increased from 5.20 Cr. (Sep 2024) to 5.87 Cr., marking an increase of 0.67 Cr..
For Tax %, as of Dec 2024, the value is 25.21%. The value appears to be increasing, which may not be favorable. It has increased from 25.19% (Sep 2024) to 25.21%, marking an increase of 0.02%.
For Net Profit, as of Dec 2024, the value is 4.39 Cr.. The value appears strong and on an upward trend. It has increased from 3.89 Cr. (Sep 2024) to 4.39 Cr., marking an increase of 0.50 Cr..
For EPS in Rs, as of Dec 2024, the value is 3.65. The value appears strong and on an upward trend. It has increased from 3.23 (Sep 2024) to 3.65, marking an increase of 0.42.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 4:25 pm

Metric	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	86	117	129	130	129	164	167	182	206	252	296	284	352
Expenses	77	98	111	113	104	133	137	146	162	209	267	252	307
Operating Profit	10	19	18	17	25	31	30	36	43	43	29	32	46
OPM %	11%	16%	14%	13%	20%	19%	18%	20%	21%	17%	10%	11%	13%
Other Income	1	1	0	0	0	0	0	1	1	0	0	1	1
Interest	2	1	2	2	2	1	1	2	2	8	16	13	12
Depreciation	2	2	3	3	3	3	3	3	3	11	17	17	16
Profit before tax	7	16	13	12	21	27	25	32	38	23	-4	3	18
Tax %	35%	35%	27%	34%	34%	35%	29%	25%	26%	39%	-21%	-16%
Net Profit	4	10	9	8	14	18	18	24	28	14	-3	4	15
EPS in Rs	3.70	8.72	7.94	6.37	11.39	14.76	15.11	20.31	23.94	12.02	-2.52	3.01	12.57
Dividend Payout %	33%	16%	0%	22%	13%	10%	9%	7%	0%	0%	0%	0%

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 (%)	150.00%	-10.00%	-11.11%	75.00%	28.57%	0.00%	33.33%	16.67%	-50.00%	-121.43%	233.33%
Change in YoY Net Profit Growth (%)	0.00%	-160.00%	-1.11%	86.11%	-46.43%	-28.57%	33.33%	-16.67%	-66.67%	-71.43%	354.76%

Dynemic Products 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:	9%
5 Years:	11%
3 Years:	11%
TTM:	27%

Compounded Profit Growth
10 Years:	-10%
5 Years:	-27%
3 Years:	-50%
TTM:	333%

Stock Price CAGR
10 Years:	18%
5 Years:	20%
3 Years:	-24%
1 Year:	4%

Return on Equity
10 Years:	12%
5 Years:	9%
3 Years:	3%
Last Year:	2%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 12:35 am

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	11	11	11	11	11	11	11	11	11	11	12	12	12
Reserves	30	38	47	53	66	81	97	117	145	159	171	191	197
Borrowings	22	28	36	33	25	25	31	101	153	174	148	115	106
Other Liabilities	15	21	18	15	17	22	19	22	42	70	81	83	108
Total Liabilities	77	98	112	111	120	140	158	251	351	415	412	400	423
Fixed Assets	32	32	35	34	35	35	38	36	34	272	259	245	238
CWIP	0	9	9	9	10	14	25	71	194	0	0	0	0
Investments	4	3	1	1	1	1	1	1	1	1	1	1	1
Other Assets	41	54	67	66	74	90	94	143	121	142	152	154	184
Total Assets	77	98	112	111	120	140	158	251	351	415	412	400	423

Below is a detailed analysis of the balance sheet data for Dynemic Products Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹12.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 12.00 Cr..
For Reserves, as of Sep 2024, the value is ₹197.00 Cr.. The value appears strong and on an upward trend. It has increased from 191.00 Cr. (Mar 2024) to ₹197.00 Cr., marking an increase of 6.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹106.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 115.00 Cr. (Mar 2024) to ₹106.00 Cr., marking a decrease of 9.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹108.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 83.00 Cr. (Mar 2024) to ₹108.00 Cr., marking an increase of 25.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹423.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 400.00 Cr. (Mar 2024) to ₹423.00 Cr., marking an increase of 23.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹238.00 Cr.. The value appears to be declining and may need further review. It has decreased from 245.00 Cr. (Mar 2024) to ₹238.00 Cr., marking a decrease of 7.00 Cr..
For CWIP, as of Sep 2024, the value is ₹0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Investments, as of Sep 2024, the value is ₹1.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 1.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹184.00 Cr.. The value appears strong and on an upward trend. It has increased from 154.00 Cr. (Mar 2024) to ₹184.00 Cr., marking an increase of 30.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹423.00 Cr.. The value appears strong and on an upward trend. It has increased from 400.00 Cr. (Mar 2024) to ₹423.00 Cr., marking an increase of 23.00 Cr..

Notably, the Reserves (197.00 Cr.) exceed the Borrowings (106.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

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 +	5	8	1	10	12	10	13	7	48	40	25	30
Cash from Investing Activity +	-2	-10	-4	-3	-3	-7	-17	-70	-98	-52	2	-0
Cash from Financing Activity +	-3	2	3	-7	-9	-4	3	64	49	12	-26	-30
Net Cash Flow	-0	1	0	1	-0	-0	-0	1	-0	-0	0	-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	-12.00	-9.00	-18.00	-16.00	0.00	6.00	-1.00	-65.00	-110.00	-131.00	-119.00	-83.00

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	58	62	62	73	79	72	91	64	73	68	63	72
Inventory Days	115	91	117	96		113	105	134	118	144	153	168
Days Payable	40	43	41	22		24	19	28	78	145	146	171
Cash Conversion Cycle	134	110	137	147	79	161	177	170	113	67	70	69
Working Capital Days	121	105	137	138	159	145	159	183	131	93	76	78
ROCE %	14%	25%	18%	14%	22%	26%	21%	18%	15%	10%	4%	5%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	29.75%	30.26%	30.26%	30.26%	30.27%	30.31%	29.42%	29.42%	29.42%	29.42%	29.42%	29.42%
FIIs	0.16%	0.11%	0.25%	0.13%	0.02%	0.13%	0.05%	0.00%	0.07%	0.15%	0.01%	0.26%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.09%	0.08%	0.00%	0.00%	0.00%	0.25%	0.28%
Public	70.09%	69.64%	69.50%	69.61%	69.70%	69.47%	70.46%	70.57%	70.51%	70.44%	70.32%	70.05%
No. of Shareholders	18,174	18,988	18,477	16,708	16,251	15,758	16,043	16,550	15,535	15,041	14,119	13,028

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.)	3.49	-2.57	12.47	25.06	21.10
Diluted EPS (Rs.)	3.49	-2.57	12.47	25.06	21.10
Cash EPS (Rs.)	16.87	11.81	22.57	28.19	24.32
Book Value[Excl.RevalReserv]/Share (Rs.)	168.52	156.57	150.55	138.07	113.02
Book Value[Incl.RevalReserv]/Share (Rs.)	168.52	156.57	150.55	138.07	113.02
Revenue From Operations / Share (Rs.)	236.15	253.21	222.38	181.48	160.90
PBDIT / Share (Rs.)	27.17	24.93	37.95	38.85	32.76
PBIT / Share (Rs.)	13.30	10.60	28.00	35.81	29.75
PBT / Share (Rs.)	2.58	-3.18	20.55	33.81	28.37
Net Profit / Share (Rs.)	3.00	-2.52	12.62	25.15	21.32
NP After MI And SOA / Share (Rs.)	3.01	-2.52	12.62	25.15	21.34
PBDIT Margin (%)	11.50	9.84	17.06	21.40	20.36
PBIT Margin (%)	5.63	4.18	12.59	19.73	18.49
PBT Margin (%)	1.09	-1.25	9.23	18.62	17.63
Net Profit Margin (%)	1.27	-0.99	5.67	13.86	13.24
NP After MI And SOA Margin (%)	1.27	-0.99	5.67	13.85	13.26
Return on Networth / Equity (%)	1.78	-1.60	8.38	18.22	18.88
Return on Capital Employeed (%)	6.43	4.70	11.27	15.79	15.74
Return On Assets (%)	0.90	-0.71	3.44	8.11	9.63
Long Term Debt / Equity (X)	0.16	0.36	0.56	0.61	0.64
Total Debt / Equity (X)	0.56	0.80	1.02	0.88	0.78
Asset Turnover Ratio (%)	0.69	0.71	0.65	0.68	0.89
Current Ratio (X)	0.87	0.87	0.98	1.19	3.67
Quick Ratio (X)	0.44	0.43	0.59	0.81	2.68
Inventory Turnover Ratio (X)	2.07	2.75	2.98	2.74	3.07
Dividend Payout Ratio (NP) (%)	0.00	0.00	0.00	0.00	7.03
Dividend Payout Ratio (CP) (%)	0.00	0.00	0.00	0.00	6.16
Earning Retention Ratio (%)	0.00	0.00	0.00	0.00	92.97
Cash Earning Retention Ratio (%)	0.00	0.00	0.00	0.00	93.84
Interest Coverage Ratio (X)	2.53	1.81	5.09	19.32	23.61
Interest Coverage Ratio (Post Tax) (X)	1.28	0.81	2.69	13.51	16.36
Enterprise Value (Cr.)	425.34	420.67	831.14	728.67	205.04
EV / Net Operating Revenue (X)	1.50	1.42	3.30	3.54	1.12
EV / EBITDA (X)	13.02	14.44	19.33	16.56	5.52
MarketCap / Net Operating Revenue (X)	1.10	0.92	2.62	2.87	0.71
Retention Ratios (%)	0.00	0.00	0.00	0.00	92.96
Price / BV (X)	1.54	1.50	3.87	3.78	1.02
Price / Net Operating Revenue (X)	1.10	0.92	2.62	2.87	0.71
EarningsYield	0.01	-0.01	0.02	0.04	0.18

After reviewing the key financial ratios for Dynemic Products Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 3.49. This value is below the healthy minimum of 5. It has increased from -2.57 (Mar 23) to 3.49, marking an increase of 6.06.
For Diluted EPS (Rs.), as of Mar 24, the value is 3.49. This value is below the healthy minimum of 5. It has increased from -2.57 (Mar 23) to 3.49, marking an increase of 6.06.
For Cash EPS (Rs.), as of Mar 24, the value is 16.87. This value is within the healthy range. It has increased from 11.81 (Mar 23) to 16.87, marking an increase of 5.06.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 168.52. It has increased from 156.57 (Mar 23) to 168.52, marking an increase of 11.95.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 168.52. It has increased from 156.57 (Mar 23) to 168.52, marking an increase of 11.95.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 236.15. It has decreased from 253.21 (Mar 23) to 236.15, marking a decrease of 17.06.
For PBDIT / Share (Rs.), as of Mar 24, the value is 27.17. This value is within the healthy range. It has increased from 24.93 (Mar 23) to 27.17, marking an increase of 2.24.
For PBIT / Share (Rs.), as of Mar 24, the value is 13.30. This value is within the healthy range. It has increased from 10.60 (Mar 23) to 13.30, marking an increase of 2.70.
For PBT / Share (Rs.), as of Mar 24, the value is 2.58. This value is within the healthy range. It has increased from -3.18 (Mar 23) to 2.58, marking an increase of 5.76.
For Net Profit / Share (Rs.), as of Mar 24, the value is 3.00. This value is within the healthy range. It has increased from -2.52 (Mar 23) to 3.00, marking an increase of 5.52.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 3.01. This value is within the healthy range. It has increased from -2.52 (Mar 23) to 3.01, marking an increase of 5.53.
For PBDIT Margin (%), as of Mar 24, the value is 11.50. This value is within the healthy range. It has increased from 9.84 (Mar 23) to 11.50, marking an increase of 1.66.
For PBIT Margin (%), as of Mar 24, the value is 5.63. This value is below the healthy minimum of 10. It has increased from 4.18 (Mar 23) to 5.63, marking an increase of 1.45.
For PBT Margin (%), as of Mar 24, the value is 1.09. This value is below the healthy minimum of 10. It has increased from -1.25 (Mar 23) to 1.09, marking an increase of 2.34.
For Net Profit Margin (%), as of Mar 24, the value is 1.27. This value is below the healthy minimum of 5. It has increased from -0.99 (Mar 23) to 1.27, marking an increase of 2.26.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 1.27. This value is below the healthy minimum of 8. It has increased from -0.99 (Mar 23) to 1.27, marking an increase of 2.26.
For Return on Networth / Equity (%), as of Mar 24, the value is 1.78. This value is below the healthy minimum of 15. It has increased from -1.60 (Mar 23) to 1.78, marking an increase of 3.38.
For Return on Capital Employeed (%), as of Mar 24, the value is 6.43. This value is below the healthy minimum of 10. It has increased from 4.70 (Mar 23) to 6.43, marking an increase of 1.73.
For Return On Assets (%), as of Mar 24, the value is 0.90. This value is below the healthy minimum of 5. It has increased from -0.71 (Mar 23) to 0.90, marking an increase of 1.61.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.16. This value is below the healthy minimum of 0.2. It has decreased from 0.36 (Mar 23) to 0.16, marking a decrease of 0.20.
For Total Debt / Equity (X), as of Mar 24, the value is 0.56. This value is within the healthy range. It has decreased from 0.80 (Mar 23) to 0.56, marking a decrease of 0.24.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.69. It has decreased from 0.71 (Mar 23) to 0.69, marking a decrease of 0.02.
For Current Ratio (X), as of Mar 24, the value is 0.87. This value is below the healthy minimum of 1.5. There is no change compared to the previous period (Mar 23) which recorded 0.87.
For Quick Ratio (X), as of Mar 24, the value is 0.44. This value is below the healthy minimum of 1. It has increased from 0.43 (Mar 23) to 0.44, marking an increase of 0.01.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 2.07. This value is below the healthy minimum of 4. It has decreased from 2.75 (Mar 23) to 2.07, marking a decrease of 0.68.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Interest Coverage Ratio (X), as of Mar 24, the value is 2.53. This value is below the healthy minimum of 3. It has increased from 1.81 (Mar 23) to 2.53, marking an increase of 0.72.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 1.28. This value is below the healthy minimum of 3. It has increased from 0.81 (Mar 23) to 1.28, marking an increase of 0.47.
For Enterprise Value (Cr.), as of Mar 24, the value is 425.34. It has increased from 420.67 (Mar 23) to 425.34, marking an increase of 4.67.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 1.50. This value is within the healthy range. It has increased from 1.42 (Mar 23) to 1.50, marking an increase of 0.08.
For EV / EBITDA (X), as of Mar 24, the value is 13.02. This value is within the healthy range. It has decreased from 14.44 (Mar 23) to 13.02, marking a decrease of 1.42.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 1.10. This value is within the healthy range. It has increased from 0.92 (Mar 23) to 1.10, marking an increase of 0.18.
For Retention Ratios (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 30. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Price / BV (X), as of Mar 24, the value is 1.54. This value is within the healthy range. It has increased from 1.50 (Mar 23) to 1.54, marking an increase of 0.04.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 1.10. This value is within the healthy range. It has increased from 0.92 (Mar 23) to 1.10, marking an increase of 0.18.
For EarningsYield, as of Mar 24, the value is 0.01. This value is below the healthy minimum of 5. It has increased from -0.01 (Mar 23) to 0.01, marking an increase of 0.02.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Dynemic Products Ltd as of April 17, 2025 is: 67.36

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 April 17, 2025, Dynemic Products Ltd is Overvalued by 78.27% compared to the current share price 310.00

Intrinsic Value of Dynemic Products Ltd as of April 17, 2025 is: 59.22

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 April 17, 2025, Dynemic Products Ltd is Overvalued by 80.90% compared to the current share price 310.00

Last 5 Year EPS CAGR: -12.09%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 16.00%, which is a positive sign. The company has higher reserves (107.08 cr) compared to borrowings (76.69 cr), indicating strong financial stability. The company has shown consistent growth in sales (191.85 cr) and profit (17.77 cr) over the years.	The stock has a high average Working Capital Days of 127.08, which may not be favorable. The stock has a high average Cash Conversion Cycle of 119.50, 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 Dynemic Products Ltd:
1. Net Profit Margin: 1.27%
  - 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: 6.43% (Industry Average ROCE: 6.86%)
  - 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%: 1.78% (Industry Average ROE: 5.77%)
  - 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): 1.28
  - 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: 0.44
  - 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: 25.1 (Industry average Stock P/E: 35.63)
  - 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: 0.56
  - 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

Dynemic Products Ltd. is a Public Limited Listed company incorporated on 14/06/1990 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L24100GJ1990PLC013886 and registration number is 013886. Currently Company is involved in the business activities of Manufacture of organic and inorganic chemical compounds. Company's Total Operating Revenue is Rs. 283.78 Cr. and Equity Capital is Rs. 12.03 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Dyes & Pigments	B- 301, Satyamev Complex-1, Ahmedabad Gujarat 380060	cs@dynemic.com http://www.dynemic.com

Management
Name	Position Held
Mr. Bhagwandas K Patel	Managing Director
Mr. Dixit B Patel	Whole Time Director
Mr. Rameshbhai B Patel	Whole Time Director
Ms. Rashmi K Otavani	Independent Director
Mr. Jagdishbhai S Shah	Independent Director
Mr. Shankarlal B Mundra	Independent Director

FAQ

What is the intrinsic value of Dynemic Products Ltd?

Dynemic Products Ltd's intrinsic value (as of 17 April 2025) is ₹67.36 — 78.27% lower the current market price of 310.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 379 Cr. market cap, FY2025-2026 high/low of ₹492/235, reserves of 197 Cr, and liabilities of 423 Cr.

What is the Market Cap of Dynemic Products Ltd?

The Market Cap of Dynemic Products Ltd is 379 Cr..

What is the current Stock Price of Dynemic Products Ltd as on 17 April 2025?

The current stock price of Dynemic Products Ltd as on 17 April 2025 is 310.

What is the High / Low of Dynemic Products Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Dynemic Products Ltd stocks is ₹492/235.

What is the Stock P/E of Dynemic Products Ltd?

The Stock P/E of Dynemic Products Ltd is 25.1.

What is the Book Value of Dynemic Products Ltd?

The Book Value of Dynemic Products Ltd is 174.

What is the Dividend Yield of Dynemic Products Ltd?

The Dividend Yield of Dynemic Products Ltd is 0.00 %.

What is the ROCE of Dynemic Products Ltd?

The ROCE of Dynemic Products Ltd is 4.94 %.

What is the ROE of Dynemic Products Ltd?

The ROE of Dynemic Products Ltd is 1.89 %.

What is the Face Value of Dynemic Products Ltd?

The Face Value of Dynemic Products Ltd is 10.0.