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Last Updated on: 25 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Fundamental Analysis of Kothari Petrochemicals Ltd

About the Company - Kothari Petrochemicals Ltd

Kothari Petrochemicals Ltd. is a Public Limited Listed company incorporated on 28/04/1989 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L11101TN1989PLC017347 and registration number is 017347. Currently Company is involved in the business activities of Manufacture of polymer/ synthetic / pvc water storage tanks. Company’s Total Operating Revenue is Rs. 381.53 Cr. and Equity Capital is Rs. 59.19 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Petrochemicals - PolymersKothari Buildings, Chennai (Madras) Tamil Nadu 600034secdept@hckgroup.com
http://www.kotharipetrochemicals.com
Management
NamePosition Held
Mrs. Nina B KothariChairperson
Mr. Arjun B KothariManaging Director
Mr. S SundarramanIndependent Director
Mr. V V Surya RauIndependent Director
Mr. M RajavelWhole Time Director
Mr. Brij Mohan BansalIndependent Director
Mr. Gautam RoyIndependent Director

Basic Stock Data of Kothari Petrochemicals Ltd

Last Updated: July 24, 2024, 11:02 pm

Market Cap 937 Cr.
Current Price 159
High / Low170/93.0
Stock P/E14.6
Book Value 41.9
Dividend Yield1.10 %
ROCE41.9 %
ROE29.2 %
Face Value 10.0
PEG Ratio0.53

Data Source: screener.in

Competitors of Kothari Petrochemicals Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
AVI Polymers Ltd 4.67 Cr. 11.414.2/9.45234 11.90.00 %0.57 %0.41 % 10.0
Supreme Petrochem Ltd 16,695 Cr. 888927/40941.8 1071.01 %22.5 %16.8 % 2.00
Signet Industries Ltd 230 Cr. 78.097.4/42.514.9 74.80.64 %14.8 %7.24 % 10.0
Sheela Foam Ltd 11,055 Cr. 1,0161,297/85480.3 2690.00 %7.97 %6.09 % 5.00
NOCIL Ltd 4,945 Cr. 296320/20942.2 1021.01 %9.78 %7.21 % 10.0
Industry Average6,377.33 Cr361.9472.5694.770.88%12.06%8.28%6.14

Kothari Petrochemicals Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales6370749110611174130142137149162125
Expenses51606476929969116122118126134105
Operating Profit1110111513114142019222720
OPM %18%14%14%16%13%10%6%11%14%14%15%17%16%
Other Income111-0112222222
Interest0000000111100
Depreciation1111112222222
Profit before tax119101313104131919222720
Tax %26%33%27%26%31%30%28%29%29%29%29%31%30%
Net Profit86710973101313161914
EPS in Rs1.351.091.241.631.541.190.511.622.292.242.663.152.45

Last Updated: July 11, 2024, 8:36 am

Kothari Petrochemicals Ltd Quarterly Chart

Kothari Petrochemicals Ltd Profit & Loss

Last Updated: July 10, 2024, 7:05 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales161237334277212219195300273227382482572
Expenses153229321259196207177279246193332425483
Operating Profit981218151218212834505789
OPM %5%3%4%7%7%5%9%7%10%15%13%12%16%
Other Income1333332244278
Interest1112121321132
Depreciation2223334566677
Profit before tax771216141014162431465588
Tax %34%30%34%31%36%42%34%24%25%28%29%29%
Net Profit458119610121823333962
EPS in Rs0.730.891.341.921.560.991.632.073.113.835.596.6610.50
Dividend Payout %69%85%75%52%64%51%46%24%-0%-0%-0%19%

Kothari Petrochemicals Ltd Profit & Loss Yearly Chart

Kothari Petrochemicals Ltd Growth

Compounded Sales Growth
10 Years:6%
5 Years:15%
3 Years:39%
TTM:25%
Compounded Profit Growth
10 Years:23%
5 Years:39%
3 Years:41%
TTM:66%
Stock Price CAGR
10 Years:32%
5 Years:58%
3 Years:59%
1 Year:90%
Return on Equity
10 Years:20%
5 Years:24%
3 Years:25%
Last Year:29%

Last Updated: July 25, 2024, 5:33 am

Kothari Petrochemicals Ltd Balance Sheet

Last Updated: July 10, 2024, 7:05 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital59595959595959595959595959
Reserves11258121926416497133162
Borrowings1081823183434278412230
Other Liabilities22283131262831373844555571
Total Liabilities9297111118110133144150146171223270292
Fixed Assets6048475253639599999693121129
CWIP00622601031832
Investments1311126000415334155
Other Assets3145475350644850435779105107
Total Assets9297111118110133144150146171223270292

Kothari Petrochemicals Ltd Reserves and Borrowings Chart

Kothari Petrochemicals Ltd Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 0141416416282630192672
Cash from Investing Activity 9-12-34-8-29-8-4-14-32-26-44
Cash from Financing Activity -82-4-1313-8-14-11-485-33
Net Cash Flow14779-2251213-65-6

Kothari Petrochemicals Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days243334312833412728302836
Inventory Days22208172224331723503838
Days Payable322819223639584053804940
Cash Conversion Cycle152523261518164-201734
Working Capital Days192520231926285581833
ROCE %11%11%18%22%18%12%15%17%23%28%33%29%

Kothari Petrochemicals Ltd Financial Efficiency Indicators Chart

No data available for the Shareholding

No data available for the Shareholding Pattern chart.

No data available for the No. of Shareholders chart.

This stock is not held by any mutual fund

Kothari Petrochemicals Ltd ROCE Trend

Kothari Petrochemicals Ltd EPS Trend

Kothari Petrochemicals Ltd Key Financial Ratios

MonthMar 16Mar 15Mar 14Mar 13
FaceValue10.0010.0010.0010.00
Basic EPS (Rs.)1.622.031.340.88
Diluted EPS (Rs.)1.622.031.340.88
Cash EPS (Rs.)2.072.451.671.30
Book Value[Excl.RevalReserv]/Share (Rs.)11.5311.0410.3910.24
Book Value[Incl.RevalReserv]/Share (Rs.)11.5311.0410.3910.24
Revenue From Operations / Share (Rs.)36.2047.3456.9540.21
PBDIT / Share (Rs.)3.133.722.571.74
PBIT / Share (Rs.)2.673.292.231.32
PBT / Share (Rs.)2.472.872.021.25
Net Profit / Share (Rs.)1.612.021.330.87
NP After MI And SOA / Share (Rs.)1.612.021.330.87
PBDIT Margin (%)8.667.854.504.32
PBIT Margin (%)7.386.953.913.27
PBT Margin (%)6.816.063.543.10
Net Profit Margin (%)4.454.252.342.18
NP After MI And SOA Margin (%)4.454.252.342.18
Return on Networth / Equity (%)13.9818.2512.848.58
Return on Capital Employeed (%)21.5727.7220.0212.08
Return On Assets (%)8.5310.007.135.38
Long Term Debt / Equity (X)0.000.000.000.05
Total Debt / Equity (X)0.260.340.280.18
Asset Turnover Ratio (%)1.862.440.000.00
Current Ratio (X)1.481.331.291.50
Quick Ratio (X)1.241.131.161.17
Inventory Turnover Ratio (X)15.9627.090.000.00
Dividend Payout Ratio (NP) (%)61.6749.3074.490.00
Dividend Payout Ratio (CP) (%)47.9240.6459.490.00
Earning Retention Ratio (%)38.3350.7025.510.00
Cash Earning Retention Ratio (%)52.0859.3640.510.00
Interest Coverage Ratio (X)15.358.8812.187.93
Interest Coverage Ratio (Post Tax) (X)8.895.817.334.33
Enterprise Value (Cr.)9.1622.2721.1616.76
EV / Net Operating Revenue (X)0.040.070.060.07
EV / EBITDA (X)0.491.011.391.63
MarketCap / Net Operating Revenue (X)0.040.030.020.04
Retention Ratios (%)38.3250.6925.500.00
Price / BV (X)0.140.150.160.16
Price / Net Operating Revenue (X)0.040.030.020.04
EarningsYield0.941.190.780.51

Kothari Petrochemicals Ltd Profitability Ratios (%)

Kothari Petrochemicals Ltd Liquidity Ratios

Kothari Petrochemicals Ltd Liquidity Ratios (%)

Kothari Petrochemicals Ltd Interest Coverage Ratios (%)

Kothari Petrochemicals Ltd Valuation Ratios

Fair Value

Fair Value: 180.59

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: 13.58% compared to the current price 159

Intrinsic Value: 230.35

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.

Undervalued: 44.87% compared to the current price 159

Last 5 Year EPS CAGR: 27.55%

*Investments are subject to market risks

Strength and Weakness of Kothari Petrochemicals Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 19.75%, which is a positive sign.
  2. The stock has a low average Working Capital Days of 19.08, which is a positive sign.
  3. The company has higher reserves (49.58 cr) compared to borrowings (17.42 cr), indicating strong financial stability.
  4. The company has shown consistent growth in sales (297.77 cr) and profit (26.15 cr) over the years.
  1. The stock has a high average Cash Conversion Cycle of 15.92, which may not be favorable.

FAQ

What is the latest fair value of Kothari Petrochemicals Ltd?

The latest fair value of Kothari Petrochemicals Ltd is ₹180.59.

What is the Market Cap of Kothari Petrochemicals Ltd?

The Market Cap of Kothari Petrochemicals Ltd is 937 Cr..

What is the current Stock Price of Kothari Petrochemicals Ltd as on 25 July 2024?

The current stock price of Kothari Petrochemicals Ltd as on 25 July 2024 is 159.

What is the High / Low of Kothari Petrochemicals Ltd stocks in FY 2024?

In FY 2024, the High / Low of Kothari Petrochemicals Ltd stocks is 170/93.0.

What is the Stock P/E of Kothari Petrochemicals Ltd?

The Stock P/E of Kothari Petrochemicals Ltd is 14.6.

What is the Book Value of Kothari Petrochemicals Ltd?

The Book Value of Kothari Petrochemicals Ltd is 41.9.

What is the Dividend Yield of Kothari Petrochemicals Ltd?

The Dividend Yield of Kothari Petrochemicals Ltd is 1.10 %.

What is the ROCE of Kothari Petrochemicals Ltd?

The ROCE of Kothari Petrochemicals Ltd is 41.9 %.

What is the ROE of Kothari Petrochemicals Ltd?

The ROE of Kothari Petrochemicals Ltd is 29.2 %.

What is the Face Value of Kothari Petrochemicals Ltd?

The Face Value of Kothari Petrochemicals 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 Kothari Petrochemicals 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