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Last Updated on: 24 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Phyto Chem (India) Ltd

About the Company - Phyto Chem (India) Ltd

Phyto Chem (India) Ltd. is a Public Limited Listed company incorporated on 11/01/1989 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L24110TG1989PLC009500 and registration number is 009500. Currently Company is involved in the business activities of Manufacture of insecticides, rodenticides, fungicides, herbicides. Company’s Total Operating Revenue is Rs. 23.12 Cr. and Equity Capital is Rs. 4.30 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Agro Chemicals/PesticidesSurvey No.628, Temple Street, Sangareddy Dist. Telangana 502313investorsrelations@phytochemindia.com
http://www.phytochemindia.com
Management
NamePosition Held
Dr. P SreemannarayanaChairman
Mr. Y NayudammaManaging Director
Mr. Y Janaki RamaiahExecutive Director
Mr. P AnjaneyuluDirector
Dr. Y VenkateswarluDirector
Mr. S Y Sampath KumarIndependent Director
Dr. G S R AnjaneyuluIndependent Director
Dr. M Sreerama MurthyIndependent Director
Mrs. G VijithaIndependent Director
Mr. N Nagendra NaiduIndependent Director
Mr. K Srinivasa RaoAlternate Director

Phyto Chem (India) Ltd. Share Price Update

Share PriceValue
Today₹40.80
Previous Day₹39.60

Basic Stock Data of Phyto Chem (India) Ltd

Market Cap 16.8 Cr.
Current Price 39.0
High / Low55.6/25.8
Stock P/E
Book Value 20.2
Dividend Yield0.00 %
ROCE7.55 %
ROE1.90 %
Face Value 10.0

Data Source: screener.in

Competitors of Phyto Chem (India) Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Adarsh Plant Protect Ltd 28.6 Cr. 28.933.5/15.289.4 1.080.00 %5.44 %15.6 % 10.0
3B Blackbio DX Ltd 683 Cr. 910924/38624.6 2780.27 %19.1 %16.0 % 10.0
Punjab Chemicals & Crop Protection Ltd 1,318 Cr. 1,0751,392/72224.2 2580.29 %30.9 %24.2 % 10.0
Meghmani Organics Ltd 2,522 Cr. 99.2102/71.7 62.31.41 %16.1 %14.2 % 1.00
UPL Ltd 36,847 Cr. 491760/452 3852.02 %14.3 %13.4 % 2.00
Industry Average150.12 Cr306.0227.64196.880.8%17.17%16.68%6.6

Phyto Chem (India) Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales17.505.866.441.6810.377.633.441.4112.477.885.000.647.21
Expenses15.685.276.353.369.006.442.922.239.977.604.361.916.67
Operating Profit1.820.590.09-1.681.371.190.52-0.822.500.280.64-1.270.54
OPM %10.40%10.07%1.40%-100.00%13.21%15.60%15.12%-58.16%20.05%3.55%12.80%-198.44%7.49%
Other Income0.200.230.370.810.310.050.130.000.030.060.070.150.01
Interest0.570.390.570.500.450.560.590.500.460.480.660.560.63
Depreciation0.120.100.100.100.100.100.100.100.100.100.100.080.08
Profit before tax1.330.33-0.21-1.471.130.58-0.04-1.421.97-0.24-0.05-1.76-0.16
Tax %6.02%-24.24%14.29%1.36%0.88%10.34%225.00%-10.56%0.00%-29.17%360.00%0.00%0.00%
Net Profit1.250.40-0.19-1.451.120.520.05-1.571.98-0.310.12-1.76-0.16
EPS in Rs2.910.93-0.44-3.372.601.210.12-3.654.60-0.720.28-4.09-0.37

Phyto Chem (India) Ltd Quarterly Chart

Phyto Chem (India) Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales25.6231.2929.2940.9221.7744.4558.9059.1144.2244.4923.1226.7620.73
Expenses23.3328.9726.3238.2720.2441.5856.7556.6842.3042.2821.7024.1620.54
Operating Profit2.292.322.972.651.532.872.152.431.922.211.422.600.19
OPM %8.94%7.41%10.14%6.48%7.03%6.46%3.65%4.11%4.34%4.97%6.14%9.72%0.92%
Other Income0.230.51-0.060.120.680.271.550.981.380.801.290.160.29
Interest0.751.561.631.641.721.672.132.102.472.122.102.102.33
Depreciation0.240.300.350.320.310.310.360.400.410.430.410.400.36
Profit before tax1.530.970.930.810.181.161.210.910.420.460.200.26-2.21
Tax %37.25%34.02%34.41%34.57%38.89%26.72%23.97%19.78%-4.76%-6.52%-15.00%15.38%
Net Profit0.950.640.610.540.120.850.920.730.450.490.230.22-2.11
EPS in Rs2.211.491.421.260.281.982.141.701.051.140.530.51-4.90
Dividend Payout %-0.00%67.19%70.49%-0.00%-0.00%-0.00%-0.00%-0.00%-0.00%-0.00%-0.00%-0.00%

Phyto Chem (India) Ltd Profit & Loss Yearly Chart

Phyto Chem (India) Ltd Growth

Compounded Sales Growth
10 Years:-2%
5 Years:-15%
3 Years:-15%
TTM:-17%
Compounded Profit Growth
10 Years:-11%
5 Years:-26%
3 Years:-24%
TTM:-315%
Stock Price CAGR
10 Years:13%
5 Years:0%
3 Years:18%
1 Year:-31%
Return on Equity
10 Years:6%
5 Years:4%
3 Years:2%
Last Year:2%

Phyto Chem (India) Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital4.304.304.304.304.304.304.304.304.304.304.304.304.30
Reserves2.873.003.123.483.604.004.525.125.555.886.156.314.41
Borrowings10.1411.9514.2216.0016.0418.4618.5522.0822.9821.3721.2319.4716.38
Other Liabilities9.107.9310.5311.925.6315.2430.3141.4634.8713.916.789.9513.39
Total Liabilities26.4127.1832.1735.7029.5742.0057.6872.9667.7045.4638.4640.0338.48
Fixed Assets2.273.834.213.683.503.254.104.184.673.433.132.752.60
CWIP0.680.000.000.000.000.000.090.450.000.000.000.000.00
Investments0.320.320.320.320.320.240.250.120.110.160.170.070.09
Other Assets23.1423.0327.6431.7025.7538.5153.2468.2162.9241.8735.1637.2135.79
Total Assets26.4127.1832.1735.7029.5742.0057.6872.9667.7045.4638.4640.0338.48

Phyto Chem (India) Ltd Reserves and Borrowings Chart

Phyto Chem (India) Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -1.21-1.78-1.71-2.13-0.341.530.761.951.49-0.713.411.42
Cash from Investing Activity -0.83-0.65-0.710.320.600.160.240.26-0.391.060.050.21
Cash from Financing Activity 2.412.382.431.79-0.48-1.76-1.02-2.19-1.10-0.40-3.45-1.70
Net Cash Flow0.37-0.050.01-0.02-0.23-0.06-0.010.02-0.01-0.050.01-0.07

Phyto Chem (India) Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days171.96157.25209.73155.83247.97212.84234.37306.89360.30182.87317.01275.66
Inventory Days207.62133.97167.93159.73260.64133.35115.59128.58182.77172.49342.41314.83
Days Payable135.1876.5899.24113.4386.08135.72176.25283.01338.07110.3241.10122.87
Cash Conversion Cycle244.40214.64278.42202.12422.53210.47173.71152.46205.00245.04618.32467.62
Working Capital Days191.76174.28211.60173.04340.19192.81140.42165.18226.08213.39452.62377.55
ROCE %15.49%13.89%13.06%12.02%7.75%11.16%12.34%10.16%8.98%6.96%7.28%7.55%

Phyto Chem (India) Ltd Financial Efficiency Indicators Chart

Phyto Chem (India) Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters40.40%40.40%40.40%40.40%40.40%40.40%40.40%40.40%40.40%40.40%40.40%40.40%
DIIs0.19%0.19%0.19%0.19%0.19%0.19%0.19%0.19%0.19%0.19%0.19%0.19%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%4.63%4.63%4.63%
Public59.41%59.41%59.41%59.41%59.41%59.41%59.41%59.40%59.41%54.79%54.78%54.79%
No. of Shareholders6,8836,9826,9706,9737,0807,0977,0697,0927,0327,0937,0997,066

Phyto Chem (India) Ltd Shareholding Pattern Chart

No. of Phyto Chem (India) Ltd Shareholders

This stock is not held by any mutual fund

Phyto Chem (India) Ltd ROCE Trend

Phyto Chem (India) Ltd EPS Trend

Phyto Chem (India) Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)0.520.531.151.041.69
Diluted EPS (Rs.)0.520.531.151.041.69
Cash EPS (Rs.)1.441.492.141.992.63
Book Value[Excl.RevalReserv]/Share (Rs.)24.6824.3123.6822.9021.91
Book Value[Incl.RevalReserv]/Share (Rs.)24.6824.3123.6822.9021.91
Revenue From Operations / Share (Rs.)62.2353.76103.46102.84137.45
PBDIT / Share (Rs.)6.426.287.007.687.92
PBIT / Share (Rs.)5.505.336.016.726.98
PBT / Share (Rs.)0.610.451.080.982.10
Net Profit / Share (Rs.)0.510.531.151.041.69
PBDIT Margin (%)10.3111.686.767.465.76
PBIT Margin (%)8.839.915.806.535.08
PBT Margin (%)0.980.851.040.951.52
Net Profit Margin (%)0.830.991.101.001.22
Return on Networth / Equity (%)2.092.194.844.527.71
Return on Capital Employeed (%)16.0616.8317.5720.4923.24
Return On Assets (%)0.550.601.090.650.99
Long Term Debt / Equity (X)0.260.220.350.310.25
Total Debt / Equity (X)1.831.881.892.241.91
Asset Turnover Ratio (%)0.680.550.780.620.90
Current Ratio (X)1.441.401.351.161.12
Quick Ratio (X)0.850.880.810.840.84
Inventory Turnover Ratio (X)1.310.942.242.053.32
Interest Coverage Ratio (X)1.311.291.421.341.62
Interest Coverage Ratio (Post Tax) (X)1.111.111.231.181.35
Enterprise Value (Cr.)33.5128.1826.5029.6330.28
EV / Net Operating Revenue (X)1.251.220.590.660.51
EV / EBITDA (X)12.1410.438.818.978.88
MarketCap / Net Operating Revenue (X)0.520.370.160.170.21
Price / BV (X)1.330.830.720.781.32
Price / Net Operating Revenue (X)0.520.370.160.170.21
EarningsYield0.010.020.060.050.05

Phyto Chem (India) Ltd Profitability Ratios (%)

Phyto Chem (India) Ltd Liquidity Ratios

Phyto Chem (India) Ltd Liquidity Ratios (%)

Phyto Chem (India) Ltd Interest Coverage Ratios (%)

Phyto Chem (India) Ltd Valuation Ratios

Fair Value / Intrinsic Value of Phyto Chem (India) Ltd

Fair Value: ₹5.87

The stock is overvalued by 84.94% compared to the current price ₹39

*Investments are subject to market risks

Strength and Weakness of Phyto Chem (India) Ltd

StrengthWeakness
  1. The company has shown consistent growth in sales (36.21 cr) and profit (0.53 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 6.11 and average Dividend Yield of 1.07%.
  2. The stock has a low average ROCE of 10.55%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 238.24, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 286.23, which may not be favorable.
  5. The company has higher borrowings (17.61) compared to reserves (4.46), which may suggest financial risk.

Should I Buy Phyto Chem (India) Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Phyto Chem (India) Ltd:
    1. Net Profit Margin: 0.83%
      • 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: 16.06% (Industry Average ROCE: 13.06%)
      • 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. Interest Coverage Ratio (Post Tax): 1.11
      • 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.
    4. Quick Ratio: 0.85
      • 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.
    5. ✓ Stock P/E of N/A (Industry average Stock P/E: 34.06)
      • 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.
    6. ✗ Total Debt / Equity: 1.83
      • 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 suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

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 Phyto Chem (India) 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