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Last Updated on: 25 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Fertilizers & Chemicals Travancore Ltd

About the Company - Fertilizers & Chemicals Travancore Ltd

The Fertilisers and Chemicals Travancore Ltd. is a Public Limited Listed company incorporated on 22/09/1943 and has its registered office in the State of Kerala, India. Company’s Corporate Identification Number(CIN) is L24129KL1943GOI000371 and registration number is 000371. Currently Company is involved in the business activities of Manufacture of associated nitrogen products (nitric and sulphonitric acids, ammonia, ammonium chloride, ammonium carbonate, nitrites and nitrates of potassium). Company’s Total Operating Revenue is Rs. 4424.80 Cr. and Equity Capital is Rs. 647.07 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
FertilisersEloor, Udyogamandal, Ernakulam District Kerala 683501investors@factltd.com
http://www.fact.co.in
Management
NamePosition Held
Mr. Kishor RungtaChairman & Managing Director
Mr. Anupam MisraDirector - Marketing
Mr. S SakthimaniDirector - Finance
Ms. Anjula MurmuIndependent Director
Ms. Aparna S SharmaGovernment Nominee Director
Mr. Krishnanunni JayachandranDirector
Mr. Taranjit SinghGovernment Nominee Director
Mr. M ChandranIndependent Director
Mr. Keda Tanaji AherIndependent Director

Basic Stock Data of Fertilizers & Chemicals Travancore Ltd

Last Updated: June 17, 2024, 8:34 pm

Market Cap 50,465 Cr.
Current Price 780
High / Low909/374
Stock P/E129
Book Value 21.3
Dividend Yield0.13 %
ROCE17.0 %
ROE29.6 %
Face Value 10.0
PEG Ratio-10.56

Competitors of Fertilizers & Chemicals Travancore Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Nagarjuna Fertilizers & Chemicals Ltd 773 Cr. 12.915.8/7.81 50.20.00 %106 %% 1.00
Sikko Industries Ltd 176 Cr. 105118/54.643.4 16.60.14 %20.6 %15.7 % 10.0
Deepak Fertilisers & Petrochemicals Corp Ltd 8,659 Cr. 686750/45019.6 4281.46 %11.6 %8.45 % 10.0
Gujarat Narmada Valley Fertilizers & Chemicals Ltd 10,345 Cr. 704815/53221.3 5584.27 %7.72 %5.64 % 10.0
Bharat Agri Fert & Realty Ltd 512 Cr. 96.8135/77.0 9.970.00 %6.14 %14.8 % 1.00
Industry Average4,513.53 Cr231.3827.59150.111.21%17.36%8.61%7.94

Fertilizers & Chemicals Travancore Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales8398217427821,2081,6931,2921,9351,7221,2491,2331,6631,097
Expenses6546256586771,0981,3961,1101,6981,5231,0651,0861,5311,054
Operating Profit1851968510511029718323719918414713243
OPM %22%24%11%13%9%18%14%12%12%15%12%8%4%
Other Income182224-33-223-233652-73954
Interest61626162626062626261636162
Depreciation5884797779555
Profit before tax1371484036442271371451661667210530
Tax %0%0%0%0%0%0%0%0%0%0%0%0%0%
Net Profit1371484036442271371451661667210530
EPS in Rs2.112.290.620.560.673.502.122.232.562.561.111.630.47

Last Updated: June 11, 2024, 2:40 am

Fertilizers & Chemicals Travancore Ltd Quarterly Chart

Fertilizers & Chemicals Travancore Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales2,8762,3162,2091,9791,7361,8671,9271,9552,7703,2594,4256,1985,867
Expenses2,7142,4882,3552,1571,9591,8211,7591,9452,4912,7083,8295,4435,204
Operating Profit162-172-146-178-2234516810279551596755663
OPM %6%-7%-7%-9%-13%2%9%0%10%17%13%12%11%
Other Income3719118-64118424571,0046822136120
Interest137155192196252305321281289245244247247
Depreciation43464520182117231823273027
Profit before tax20-354-265-400-452-263-129163976350346613508
Tax %0%0%0%0%0%0%0%0%0%0%0%0%
Net Profit20-354-265-400-452-263-129163976350346613508
EPS in Rs0.31-5.47-4.09-6.18-6.99-4.06-1.992.5115.085.425.359.477.86
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%11%

Fertilizers & Chemicals Travancore Ltd Profit & Loss Yearly Chart

Fertilizers & Chemicals Travancore Ltd Growth

Compounded Sales Growth
10 Years:9%
5 Years:21%
3 Years:16%
TTM:-18%
Compounded Profit Growth
10 Years:12%
5 Years:28%
3 Years:4%
TTM:-35%
Stock Price CAGR
10 Years:38%
5 Years:90%
3 Years:95%
1 Year:139%
Return on Equity
10 Years:%
5 Years:%
3 Years:57%
Last Year:30%

Last Updated: June 18, 2024, 10:13 am

Fertilizers & Chemicals Travancore Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital647647647647647647647647647647647647647
Reserves-485-839-1,104-1,504-1,956-2,159-2,286-2,119-1,139-82715627764
Borrowings7629911,1111,0741,8112,4022,2782,2741,8211,8221,8381,8421,818
Other Liabilities1,0139371,2611,4491,1677151,2151,5471,3171,7562,2762,3792,563
Total Liabilities1,9371,7371,9151,6671,6681,6051,8542,3482,6463,3994,7755,4945,792
Fixed Assets278243276282270297295296258286816814804
CWIP2553242522251818395543105142
Investments18212144465969788698113130
Other Assets1,6161,4191,5941,3571,3731,2381,4821,9662,2712,9723,8194,4634,716
Total Assets1,9371,7371,9151,6671,6681,6051,8542,3482,6463,3994,7755,4945,792

Fertilizers & Chemicals Travancore Ltd Reserves and Borrowings Chart

Fertilizers & Chemicals Travancore Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 149-10261192-20631224-4102141,021152555
Cash from Investing Activity 105-43-50-9-375-3416336-854-157-683
Cash from Financing Activity -257123-16-180224-94-207-45-508-368-4
Net Cash Flow-3-22-53151214-40421303-132

Fertilizers & Chemicals Travancore Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days1122199697651121428
Inventory Days15716015314612315818419713811293103
Days Payable1067212418016610915012049767737
Cash Conversion Cycle528931-32-41148102152141473094
Working Capital Days839362-116512376102-57-28-11-9
ROCE %16%-23%-24%-41%-61%6%25%1%27%40%33%30%

Fertilizers & Chemicals Travancore Ltd Financial Efficiency Indicators Chart

Fertilizers & Chemicals Travancore Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters90.00%90.00%90.00%90.00%90.00%90.00%90.00%90.00%90.00%90.00%90.00%90.00%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.05%0.07%0.11%0.11%
DIIs8.56%8.56%8.57%8.57%8.57%8.57%8.57%8.57%0.01%8.58%8.59%8.61%
Government0.40%0.40%0.40%0.40%0.40%0.40%0.40%0.40%8.96%0.40%0.40%0.40%
Public1.04%1.04%1.04%1.03%1.03%1.03%1.03%1.03%0.97%0.95%0.90%0.89%
No. of Shareholders33,08232,15230,64033,31034,15534,42839,39445,30044,50354,76961,55658,568

Fertilizers & Chemicals Travancore Ltd Shareholding Pattern Chart

No. of Fertilizers & Chemicals Travancore Ltd Shareholders

Fertilizers & Chemicals Travancore Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Motilal Oswal Nifty Midcap 150 Index Fund31,0110.192.211,3642024-06-24172.89%
Nippon India ETF Nifty Midcap 15027,4560.191.9511,3642024-06-24141.61%
Nippon India Nifty Midcap 150 Index Fund25,8670.191.8311,3642024-06-24127.62%
Mirae Asset Nifty Midcap 150 ETF15,3380.191.0911,3642024-06-2434.97%
Motilal Oswal Nifty Midcap 100 ETF11,3640.240.8111,3642024-06-240%
ICICI Prudential Nifty Midcap 150 Index Fund6,7260.190.4811,3642024-06-24-40.81%
ICICI Prudential Nifty Midcap 150 ETF6,4360.190.4611,3642024-06-24-43.37%
SBI Nifty Midcap 150 Index Fund6,2170.190.4411,3642024-06-24-45.29%
Aditya Birla Sun Life Nifty Midcap 150 Index Fund3,6850.190.2611,3642024-06-24-67.57%
Shriram ELSS Tax Saver Fund2,8740.490.211,3642024-06-24-74.71%

Fertilizers & Chemicals Travancore Ltd ROCE Trend

Fertilizers & Chemicals Travancore Ltd EPS Trend

Fertilizers & Chemicals Travancore Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)9.475.465.4415.082.52
Diluted EPS (Rs.)9.475.465.4415.082.52
Cash EPS (Rs.)9.945.885.7915.352.87
Book Value[Excl.RevalReserv]/Share (Rs.)19.692.93-2.70-7.60-22.53
Book Value[Incl.RevalReserv]/Share (Rs.)19.692.93-2.70-7.60-22.53
Revenue From Operations / Share (Rs.)95.7968.3850.3642.8130.21
PBDIT / Share (Rs.)13.7611.039.584.807.20
PBIT / Share (Rs.)13.3010.619.234.526.86
PBT / Share (Rs.)9.475.465.4415.072.52
Net Profit / Share (Rs.)9.475.465.4415.072.52
NP After MI And SOA / Share (Rs.)9.475.465.4415.072.52
PBDIT Margin (%)14.3616.1319.0211.2123.84
PBIT Margin (%)13.8815.5218.3210.5622.69
PBT Margin (%)9.887.9810.8035.218.34
Net Profit Margin (%)9.887.9810.8035.218.34
NP After MI And SOA Margin (%)9.887.9810.8035.218.34
Return on Networth / Equity (%)48.11186.55-201.15-198.30-11.19
Return on Capital Employeed (%)56.95155.53915.0947.7186.31
Return On Assets (%)11.278.2910.4537.337.00
Long Term Debt / Equity (X)0.000.05-0.08-1.84-1.23
Total Debt / Equity (X)1.429.53-0.08-1.89-1.56
Asset Turnover Ratio (%)1.281.161.091.120.94
Current Ratio (X)1.090.980.881.101.07
Quick Ratio (X)0.830.810.720.810.70
Inventory Turnover Ratio (X)5.104.712.582.512.42
Interest Coverage Ratio (X)3.602.922.531.071.66
Interest Coverage Ratio (Post Tax) (X)3.482.812.441.011.58
Enterprise Value (Cr.)12770.778408.635446.812335.674559.19
EV / Net Operating Revenue (X)2.061.901.670.842.33
EV / EBITDA (X)14.3411.788.797.529.78
MarketCap / Net Operating Revenue (X)2.141.922.180.751.21
Price / BV (X)10.4344.79-40.57-4.25-1.62
Price / Net Operating Revenue (X)2.141.922.180.751.21
EarningsYield0.040.040.040.460.06

Fertilizers & Chemicals Travancore Ltd Profitability Ratios (%)

Fertilizers & Chemicals Travancore Ltd Liquidity Ratios

Fertilizers & Chemicals Travancore Ltd Liquidity Ratios (%)

Fertilizers & Chemicals Travancore Ltd Interest Coverage Ratios (%)

Fertilizers & Chemicals Travancore Ltd Valuation Ratios

Fair Value

Fair Value: 814.38

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.

Undervalued: 4.41% compared to the current price 780

Intrinsic Value: 714.87

Calculation basis:

  • Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Overvalued: 8.35% compared to the current price ₹780

Last 5 Year EPS CAGR: -12.22%

*Investments are subject to market risks

Strength and Weakness of Fertilizers & Chemicals Travancore Ltd Stock

StrengthWeakness
  1. The company has shown consistent growth in sales (2.38 cr) and profit (85.62 cr) over the years.
  1. The stock has a low average ROCE of 2.42%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 40.67, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 67.75, which may not be favorable.
  4. The company has higher borrowings (1,680.31) compared to reserves (-1,000.92), which may suggest financial risk.

FAQ

What is the latest fair value of Fertilizers & Chemicals Travancore Ltd?

The latest fair value of Fertilizers & Chemicals Travancore Ltd is ₹814.38.

What is the Market Cap of Fertilizers & Chemicals Travancore Ltd?

The Market Cap of Fertilizers & Chemicals Travancore Ltd is 50,465 Cr..

What is the current Stock Price of Fertilizers & Chemicals Travancore Ltd as on 22 June 2024?

The current stock price of Fertilizers & Chemicals Travancore Ltd as on 22 June 2024 is ₹780.

What is the High / Low of Fertilizers & Chemicals Travancore Ltd stocks in FY 2024?

In FY 2024, the High / Low of Fertilizers & Chemicals Travancore Ltd stocks is 909/374.

What is the Stock P/E of Fertilizers & Chemicals Travancore Ltd?

The Stock P/E of Fertilizers & Chemicals Travancore Ltd is 129.

What is the Book Value of Fertilizers & Chemicals Travancore Ltd?

The Book Value of Fertilizers & Chemicals Travancore Ltd is 21.3.

What is the Dividend Yield of Fertilizers & Chemicals Travancore Ltd?

The Dividend Yield of Fertilizers & Chemicals Travancore Ltd is 0.13 %.

What is the ROCE of Fertilizers & Chemicals Travancore Ltd?

The ROCE of Fertilizers & Chemicals Travancore Ltd is 17.0 %.

What is the ROE of Fertilizers & Chemicals Travancore Ltd?

The ROE of Fertilizers & Chemicals Travancore Ltd is 29.6 %.

What is the Face Value of Fertilizers & Chemicals Travancore Ltd?

The Face Value of Fertilizers & Chemicals Travancore 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 Fertilizers & Chemicals Travancore 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