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Last Updated on: 27 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Gujarat Alkalies & Chemicals Ltd

About the Company - Gujarat Alkalies & Chemicals Ltd

Gujarat Alkalies & Chemicals Ltd. is a Public Limited Listed company incorporated on 29/03/1973 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L24110GJ1973PLC002247 and registration number is 002247. Currently company belongs to the Industry of Chemicals - Inorganic - Caustic Soda/Soda Ash. Company’s Total Operating Revenue is Rs. 3758.74 Cr. and Equity Capital is Rs. 73.44 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Chemicals - Inorganic - Caustic Soda/Soda AshP.O. : Ranoli Vadodra District Gujarat 391350investor_relations@gacl.co.in
http://www.gacl.com
Management
NamePosition Held
Dr. Hasmukh AdhiaChairman
Mr. P SwaroopManaging Director
Mr. Rajiv Lochan JainIndependent Director
Mr. S B DangayachIndependent Director
Mr. Nitin ShuklaIndependent Director
Mr. Shridevi ShuklaIndependent Director
Mr. M K DasDirector
Mr. J P GuptaDirector

Gujarat Alkalies & Chemicals Ltd. Share Price Update

Share PriceValue
Today₹812.45
Previous Day₹820.25

Basic Stock Data of Gujarat Alkalies & Chemicals Ltd

Market Cap 5,946 Cr.
Current Price 810
High / Low870/556
Stock P/E
Book Value 817
Dividend Yield2.87 %
ROCE10.8 %
ROE6.81 %
Face Value 10.0

Data Source: screener.in

Competitors of Gujarat Alkalies & Chemicals Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Tata Chemicals Ltd 24,877 Cr. 9761,141/92214.4 8401.79 %11.6 %12.0 % 10.0
Standard Industries Ltd 151 Cr. 23.432.6/21.0 20.74.48 %13.2 %10.1 % 5.00
Industry Average12,514.00 Cr499.707.20430.353.14%12.40%11.05%7.50

Gujarat Alkalies & Chemicals Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales6386506717168261,0751,1411,1281,1271,1231,138913971
Expenses534572575590684709792778969885936882955
Operating Profit10478961271423663493511592382023116
OPM %16%12%14%18%17%34%31%31%14%21%18%3%2%
Other Income28179152237622681271
Interest229211123881011
Depreciation43454447495052506079888995
Profit before tax87495293113317303305118157115-57-18
Tax %25%32%34%32%34%37%27%37%49%44%38%0%0%
Net Profit6633356375201221191618771-57-18
EPS in Rs8.994.524.728.6010.1527.4230.0525.998.2411.879.67-7.78-2.50

Gujarat Alkalies & Chemicals Ltd Quarterly Chart

Gujarat Alkalies & Chemicals Ltd Profit & Loss

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1,9952,0702,4553,1612,7252,4293,7594,5164,145
Expenses1,6601,6221,6692,0462,1482,0722,7743,5683,658
Operating Profit3354487861,115577357984949487
OPM %17%22%32%35%21%15%26%21%12%
Other Income4556106629067464297
Interest10131521141561937
Depreciation107111127140162174198276351
Profit before tax2623817491,016491235826695196
Tax %16%19%29%32%32%29%32%41%
Net Profit22030753469033216656041083
EPS in Rs29.9041.8572.7893.9845.2222.5776.2255.7811.26
Dividend Payout %15%12%9%9%18%35%13%42%

Gujarat Alkalies & Chemicals Ltd Profit & Loss Yearly Chart

Gujarat Alkalies & Chemicals Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:13%
3 Years:18%
TTM:-13%
Compounded Profit Growth
10 Years:%
5 Years:-4%
3 Years:7%
TTM:-121%
Stock Price CAGR
10 Years:15%
5 Years:10%
3 Years:34%
1 Year:20%
Return on Equity
10 Years:%
5 Years:9%
3 Years:7%
Last Year:7%

Gujarat Alkalies & Chemicals Ltd Balance Sheet

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital737373737373737373
Reserves2,8543,2823,7484,2224,5225,3015,8266,0665,926
Borrowings295353291247205498594597535
Other Liabilities6717268599881,0901,2821,4841,5991,692
Total Liabilities3,8944,4354,9705,5315,8917,1547,9778,3358,227
Fixed Assets1,8212,0732,1042,3002,6102,5872,7024,2504,698
CWIP831512523074451,1091,78754439
Investments8541,0161,1451,0651,2422,0922,1101,8311,888
Other Assets1,1361,1961,4691,8581,5941,3661,3791,7101,602
Total Assets3,8944,4354,9705,5315,8917,1547,9778,3358,227

Gujarat Alkalies & Chemicals Ltd Reserves and Borrowings Chart

Gujarat Alkalies & Chemicals Ltd Cash Flow

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 201502514838630421735960
Cash from Investing Activity -352-467-395-581-634-334-804-662
Cash from Financing Activity 8413-116-136-14622612-140
Net Cash Flow-67493122-150313-58158

Gujarat Alkalies & Chemicals Ltd Financial Efficiency Indicators

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days6058605650432923
Inventory Days9994147999288101111
Days Payable99125154134126111101119
Cash Conversion Cycle6027532217212915
Working Capital Days9083999610720816
ROCE %11%18%24%11%5%13%11%

Gujarat Alkalies & Chemicals Ltd Financial Efficiency Indicators Chart

Gujarat Alkalies & Chemicals Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters46.28%46.28%46.28%46.28%46.28%46.28%46.28%46.28%46.28%46.28%46.28%46.28%
FIIs1.33%1.36%1.36%1.48%1.52%1.82%2.05%1.98%2.07%2.07%1.98%1.88%
DIIs5.21%4.01%2.39%1.66%1.63%1.68%1.63%1.47%1.45%1.51%1.51%1.96%
Public47.18%48.35%49.97%50.58%50.58%50.22%50.04%50.27%50.19%50.13%50.22%49.88%
No. of Shareholders64,29864,30477,19877,22781,47477,77387,42887,08385,35484,09785,39388,020

Gujarat Alkalies & Chemicals Ltd Shareholding Pattern Chart

No. of Gujarat Alkalies & Chemicals Ltd Shareholders

Gujarat Alkalies & Chemicals Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)
ICICI Prudential PSU Equity Fund1315400.589.45
ICICI Prudential Manufacturing Fund809540.325.81
Aditya Birla Sun Life PSU Equity Fund792490.385.69
ICICI Prudential Regular Savings Fund718220.165.16
Nippon India Nifty Smallcap 250 Index Fund112040.10.8
Motilal Oswal Nifty Smallcap 250 Index Fund68450.10.49
SBI Nifty Smallcap 250 Index Fund53540.10.38
ICICI Prudential Nifty Smallcap 250 Index Fund28220.10.2
HDFC NIFTY Smallcap 250 ETF14370.10.1
HDFC Nifty Smallcap 250 Index Fund11820.10.08

Gujarat Alkalies & Chemicals Ltd ROCE Trend

Gujarat Alkalies & Chemicals Ltd EPS Trend

Gujarat Alkalies & Chemicals Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)55.7876.2222.5745.2293.98
Diluted EPS (Rs.)55.7876.2222.5745.2293.98
Cash EPS (Rs.)115.99103.4646.4667.36112.87
Book Value[Excl.RevalReserv]/Share (Rs.)835.97803.30731.86625.79584.92
Book Value[Incl.RevalReserv]/Share (Rs.)835.97803.30731.86625.79584.92
Revenue From Operations / Share (Rs.)615.01511.82330.82371.00430.48
PBDIT / Share (Rs.)157.51140.6057.9690.89160.12
PBIT / Share (Rs.)119.92113.6734.2168.86141.07
PBT / Share (Rs.)117.27112.8332.1166.94138.21
Net Profit / Share (Rs.)78.3976.5222.7245.3293.81
NP After MI And SOA / Share (Rs.)55.7876.2222.5745.2293.98
PBDIT Margin (%)25.6127.4717.5124.4937.19
PBIT Margin (%)19.4922.2010.3418.5532.76
PBT Margin (%)19.0622.049.7018.0432.10
Net Profit Margin (%)12.7414.956.8612.2121.79
NP After MI And SOA Margin (%)9.0614.896.8212.1821.83
Return on Networth / Equity (%)6.679.483.087.2216.06
Return on Capital Employeed (%)11.7511.523.849.4220.62
Return On Assets (%)4.917.012.315.6312.47
Long Term Debt / Equity (X)0.070.090.080.020.04
Total Debt / Equity (X)0.090.100.080.030.04
Asset Turnover Ratio (%)0.550.490.370.470.60
Current Ratio (X)1.681.491.782.603.17
Quick Ratio (X)1.131.011.412.152.71
Inventory Turnover Ratio (X)6.456.976.166.406.00
Dividend Payout Ratio (NP) (%)17.9210.4935.4417.696.91
Dividend Payout Ratio (CP) (%)10.707.7517.2711.895.75
Earning Retention Ratio (%)82.0889.5164.5682.3193.09
Cash Earning Retention Ratio (%)89.3092.2582.7388.1194.25
Interest Coverage Ratio (X)59.43168.0027.5347.5456.15
Interest Coverage Ratio (Post Tax) (X)30.5892.4311.7924.7133.90
Enterprise Value (Cr.)4435.116873.062607.271735.823542.16
EV / Net Operating Revenue (X)0.981.831.070.631.12
EV / EBITDA (X)3.836.666.132.603.01
MarketCap / Net Operating Revenue (X)0.951.751.040.601.15
Retention Ratios (%)82.0789.5064.5582.3093.08
Price / BV (X)0.701.120.470.350.84
Price / Net Operating Revenue (X)0.951.751.040.601.15
EarningsYield0.090.080.060.200.19

Gujarat Alkalies & Chemicals Ltd Profitability Ratios (%)

Gujarat Alkalies & Chemicals Ltd Liquidity Ratios

Gujarat Alkalies & Chemicals Ltd Liquidity Ratios (%)

Gujarat Alkalies & Chemicals Ltd Interest Coverage Ratios (%)

Gujarat Alkalies & Chemicals Ltd Valuation Ratios

Fair Value of Gujarat Alkalies & Chemicals Ltd Stock

Fair Value: ₹858.52

The stock is undervalued by 5.99% compared to the current price ₹810

*Investments are subject to market risks

Strength and Weakness of Gujarat Alkalies & Chemicals Ltd Stock

StrengthWeakness
  1. The company has higher reserves (4,638.56 cr) compared to borrowings (401.67 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (2.56 cr) and profit (426.22 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 95.55 and average Dividend Yield of 20.67%.
  2. The stock has a low average ROCE of 11.63%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 64.88, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 30.50, which may not be favorable.

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 Gujarat Alkalies & Chemicals 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