Punjab Chemicals & Crop Protection Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 2, 2025, 9:16 pm

Market Cap	1,231 Cr.
Current Price	1,000
High / Low	1,575/662
Stock P/E	35.9
Book Value	287
Dividend Yield	0.30 %
ROCE	22.5 %
ROE	17.3 %
Face Value	10.0
PEG Ratio	-5.19

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Punjab Chemicals & Crop Protection Ltd

Competitors of Punjab Chemicals & Crop Protection Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Epigral Ltd	8,393 Cr.	1,947	2,408/1,107	24.2	324	0.26 %	17.5 %	16.9 %	10.0
Dharmaj Crop Guard Ltd	662 Cr.	195	390/165	19.5	117	0.00 %	14.5 %	13.2 %	10.0
Bhaskar Agrochemicals Ltd	37.4 Cr.	71.7	122/46.1	16.5	29.2	0.00 %	14.7 %	13.4 %	10.0
Bhagiradha Chemicals & Industries Ltd	3,774 Cr.	292	448/161	124	51.0	0.03 %	8.71 %	5.55 %	1.00
Best Agrolife Ltd	635 Cr.	268	756/244	32.9	320	1.12 %	16.5 %	18.1 %	10.0
Industry Average	10,945.25 Cr	1,515.91		36.12	421.93	0.40%	13.25%	14.87%	7.25

All Competitor Stocks of Punjab Chemicals & Crop Protection 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	255.04	258.68	272.12	278.60	260.45	195.04	281.36	242.18	214.16	196.53	242.22	242.13	213.89
Expenses	218.34	224.48	236.70	247.53	225.52	173.89	243.54	206.78	188.13	183.30	214.70	216.53	194.63
Operating Profit	36.70	34.20	35.42	31.07	34.93	21.15	37.82	35.40	26.03	13.23	27.52	25.60	19.26
OPM %	14.39%	13.22%	13.02%	11.15%	13.41%	10.84%	13.44%	14.62%	12.15%	6.73%	11.36%	10.57%	9.00%
Other Income	0.21	0.35	0.15	1.70	0.58	0.92	0.26	1.55	1.30	0.50	0.51	1.69	0.18
Interest	3.03	4.18	3.44	3.92	4.03	6.64	3.57	6.58	6.53	4.16	4.04	4.58	4.46
Depreciation	4.27	4.28	4.56	4.73	4.76	4.96	5.14	5.52	5.47	6.03	5.86	6.14	6.51
Profit before tax	29.61	26.09	27.57	24.12	26.72	10.47	29.37	24.85	15.33	3.54	18.13	16.57	8.47
Tax %	26.11%	25.83%	26.51%	27.11%	24.93%	69.44%	25.57%	27.08%	26.94%	31.92%	25.87%	25.35%	28.34%
Net Profit	21.88	19.35	20.26	17.58	20.06	3.20	21.86	18.12	11.20	2.41	13.44	12.37	6.07
EPS in Rs	17.84	15.78	16.52	14.34	16.36	2.61	17.83	14.78	9.13	1.97	10.96	10.09	4.95

Last Updated: February 28, 2025, 5:38 pm

Below is a detailed analysis of the quarterly data for Punjab Chemicals & Crop Protection 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 ₹213.89 Cr.. The value appears to be declining and may need further review. It has decreased from 242.13 Cr. (Sep 2024) to ₹213.89 Cr., marking a decrease of 28.24 Cr..
For Expenses, as of Dec 2024, the value is ₹194.63 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 216.53 Cr. (Sep 2024) to ₹194.63 Cr., marking a decrease of 21.90 Cr..
For Operating Profit, as of Dec 2024, the value is ₹19.26 Cr.. The value appears to be declining and may need further review. It has decreased from 25.60 Cr. (Sep 2024) to ₹19.26 Cr., marking a decrease of 6.34 Cr..
For OPM %, as of Dec 2024, the value is 9.00%. The value appears to be declining and may need further review. It has decreased from 10.57% (Sep 2024) to 9.00%, marking a decrease of 1.57%.
For Other Income, as of Dec 2024, the value is ₹0.18 Cr.. The value appears to be declining and may need further review. It has decreased from 1.69 Cr. (Sep 2024) to ₹0.18 Cr., marking a decrease of 1.51 Cr..
For Interest, as of Dec 2024, the value is ₹4.46 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 4.58 Cr. (Sep 2024) to ₹4.46 Cr., marking a decrease of 0.12 Cr..
For Depreciation, as of Dec 2024, the value is ₹6.51 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 6.14 Cr. (Sep 2024) to ₹6.51 Cr., marking an increase of 0.37 Cr..
For Profit before tax, as of Dec 2024, the value is ₹8.47 Cr.. The value appears to be declining and may need further review. It has decreased from 16.57 Cr. (Sep 2024) to ₹8.47 Cr., marking a decrease of 8.10 Cr..
For Tax %, as of Dec 2024, the value is 28.34%. The value appears to be increasing, which may not be favorable. It has increased from 25.35% (Sep 2024) to 28.34%, marking an increase of 2.99%.
For Net Profit, as of Dec 2024, the value is ₹6.07 Cr.. The value appears to be declining and may need further review. It has decreased from 12.37 Cr. (Sep 2024) to ₹6.07 Cr., marking a decrease of 6.30 Cr..
For EPS in Rs, as of Dec 2024, the value is 4.95. The value appears to be declining and may need further review. It has decreased from 10.09 (Sep 2024) to 4.95, marking a decrease of 5.14.

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 7, 2025, 7:06 pm

Metric	Mar 2013n n 6m	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	245	514	564	537	525	493	643	550	678	933	1,006	934	895
Expenses	242	473	517	497	509	450	576	507	583	793	883	821	809
Operating Profit	4	41	47	41	16	44	67	42	96	140	123	113	86
OPM %	1%	8%	8%	8%	3%	9%	10%	8%	14%	15%	12%	12%	10%
Other Income	11	15	21	40	12	12	-2	13	2	1	3	3	3
Interest	19	35	35	50	31	18	17	18	13	12	18	21	17
Depreciation	8	16	19	17	16	14	19	15	15	17	19	22	25
Profit before tax	-13	4	14	14	-19	24	29	22	69	112	89	73	47
Tax %	0%	0%	4%	4%	4%	29%	42%	51%	29%	25%	31%	27%
Net Profit	-13	1	14	13	-20	17	17	11	49	83	61	54	34
EPS in Rs	-10.30	0.78	11.58	10.83	-16.25	14.01	13.70	8.77	40.03	68.06	49.83	43.70	27.97
Dividend Payout %	0%	0%	0%	0%	0%	11%	11%	17%	5%	4%	6%	7%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	1300.00%	-7.14%	-253.85%	185.00%	0.00%	-35.29%	345.45%	69.39%	-26.51%	-11.48%
Change in YoY Net Profit Growth (%)	0.00%	-1307.14%	-246.70%	438.85%	-185.00%	-35.29%	380.75%	-276.07%	-95.89%	15.03%

Punjab Chemicals & Crop Protection Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2014-2015 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	6%
5 Years:	8%
3 Years:	11%
TTM:	-4%

Compounded Profit Growth
10 Years:	29%
5 Years:	19%
3 Years:	3%
TTM:	-37%

Stock Price CAGR
10 Years:	17%
5 Years:	21%
3 Years:	-12%
1 Year:	-3%

Return on Equity
10 Years:	%
5 Years:	27%
3 Years:	27%
Last Year:	17%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:49 pm

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	12	12	12	12	12	12	12	12	12	12	12	12	12
Reserves	-50	-46	-47	49	46	62	79	85	132	213	268	318	339
Borrowings	356	365	321	191	151	117	91	99	88	93	94	123	123
Other Liabilities	163	164	196	205	229	165	189	197	219	238	241	187	220
Total Liabilities	482	496	482	457	439	356	371	394	451	557	616	640	695
Fixed Assets	258	242	232	235	224	177	180	168	189	212	222	236	243
CWIP	10	3	7	4	6	4	7	15	16	7	20	12	13
Investments	6	4	0	0	1	1	1	1	1	1	2	8	6
Other Assets	207	247	243	219	207	174	184	210	245	337	372	384	433
Total Assets	482	496	482	457	439	356	371	394	451	557	616	640	695

Below is a detailed analysis of the balance sheet data for Punjab Chemicals & Crop Protection 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 ₹339.00 Cr.. The value appears strong and on an upward trend. It has increased from 318.00 Cr. (Mar 2024) to ₹339.00 Cr., marking an increase of 21.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹123.00 Cr.. The value remains steady. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. There is no change compared to the previous period (Mar 2024) which recorded 123.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹220.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 187.00 Cr. (Mar 2024) to ₹220.00 Cr., marking an increase of 33.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹695.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 640.00 Cr. (Mar 2024) to ₹695.00 Cr., marking an increase of 55.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹243.00 Cr.. The value appears strong and on an upward trend. It has increased from 236.00 Cr. (Mar 2024) to ₹243.00 Cr., marking an increase of 7.00 Cr..
For CWIP, as of Sep 2024, the value is ₹13.00 Cr.. The value appears strong and on an upward trend. It has increased from 12.00 Cr. (Mar 2024) to ₹13.00 Cr., marking an increase of 1.00 Cr..
For Investments, as of Sep 2024, the value is ₹6.00 Cr.. The value appears to be declining and may need further review. It has decreased from 8.00 Cr. (Mar 2024) to ₹6.00 Cr., marking a decrease of 2.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹433.00 Cr.. The value appears strong and on an upward trend. It has increased from 384.00 Cr. (Mar 2024) to ₹433.00 Cr., marking an increase of 49.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹695.00 Cr.. The value appears strong and on an upward trend. It has increased from 640.00 Cr. (Mar 2024) to ₹695.00 Cr., marking an increase of 55.00 Cr..

Notably, the Reserves (₹339.00 Cr.) exceed the Borrowings (123.00 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 +	23	38	57	105	62	61	68	34	43	34	58	30
Cash from Investing Activity +	-3	-1	-0	28	-5	-18	-20	-15	-9	-27	-38	-36
Cash from Financing Activity +	-54	-20	-72	-141	-61	-43	-4	-19	-24	-11	-20	4
Net Cash Flow	-34	17	-14	-8	-4	1	45	1	10	-3	0	-2

Free Cash Flow

Month	Mar 2013n n 6m	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	4.00	-324.00	-274.00	-150.00	-135.00	-73.00	-24.00	-57.00	8.00	47.00	29.00	-10.00

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	104	51	48	52	44	31	36	32	45	44	52	77
Inventory Days	186	108	95	78	85	83	75	97	91	99	97	85
Days Payable	308	94	78	76	148	133	103	100	102	85	80	75
Cash Conversion Cycle	-18	64	64	54	-19	-19	7	28	34	58	69	86
Working Capital Days	-61	10	-24	-3	-48	-6	2	8	13	38	49	76
ROCE %		13%	13%	14%	5%	20%	29%	17%	38%	45%	31%	22%

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	39.22%	39.22%	39.22%	39.22%	39.22%	39.22%	39.22%	39.22%	39.22%	39.22%	39.22%	39.22%
FIIs	2.99%	2.99%	3.05%	2.99%	2.99%	2.97%	2.99%	2.98%	3.00%	3.02%	2.97%	2.94%
DIIs	1.07%	0.75%	0.80%	1.02%	0.98%	0.20%	0.15%	0.15%	0.42%	0.42%	0.39%	0.50%
Government	1.00%	1.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	55.73%	56.04%	56.94%	56.79%	56.82%	57.60%	57.65%	57.65%	57.36%	57.34%	57.42%	57.33%
No. of Shareholders	19,419	19,962	20,504	21,239	21,029	21,946	22,168	21,183	21,336	20,685	21,302	21,267

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.)	43.70	49.84	68.07	40.03	8.77
Diluted EPS (Rs.)	43.70	49.84	68.07	40.03	8.77
Cash EPS (Rs.)	61.78	65.34	81.67	52.15	21.29
Book Value[Excl.RevalReserv]/Share (Rs.)	269.30	228.89	184.03	117.89	79.73
Book Value[Incl.RevalReserv]/Share (Rs.)	269.30	228.89	184.03	117.89	79.73
Revenue From Operations / Share (Rs.)	762.01	820.73	761.39	553.16	448.25
PBDIT / Share (Rs.)	94.68	102.71	114.70	79.39	45.33
PBIT / Share (Rs.)	76.61	87.20	101.10	67.27	32.81
PBT / Share (Rs.)	59.61	72.50	91.03	56.29	18.01
Net Profit / Share (Rs.)	43.70	49.84	68.08	40.03	8.77
NP After MI And SOA / Share (Rs.)	43.70	49.84	68.08	40.03	8.77
PBDIT Margin (%)	12.42	12.51	15.06	14.35	10.11
PBIT Margin (%)	10.05	10.62	13.27	12.16	7.31
PBT Margin (%)	7.82	8.83	11.95	10.17	4.01
Net Profit Margin (%)	5.73	6.07	8.94	7.23	1.95
NP After MI And SOA Margin (%)	5.73	6.07	8.94	7.23	1.95
Return on Networth / Equity (%)	16.22	21.77	36.99	33.95	10.99
Return on Capital Employeed (%)	23.29	28.80	40.29	34.71	24.13
Return On Assets (%)	8.37	9.91	14.97	10.88	2.72
Long Term Debt / Equity (X)	0.15	0.21	0.24	0.48	0.40
Total Debt / Equity (X)	0.36	0.31	0.38	0.51	0.90
Asset Turnover Ratio (%)	1.49	1.72	1.81	1.57	1.40
Current Ratio (X)	1.59	1.48	1.29	1.09	0.86
Quick Ratio (X)	1.03	0.79	0.67	0.61	0.48
Inventory Turnover Ratio (X)	3.67	4.07	4.56	4.21	3.81
Dividend Payout Ratio (NP) (%)	6.86	6.02	2.93	3.74	17.11
Dividend Payout Ratio (CP) (%)	4.85	4.59	2.44	2.87	7.04
Earning Retention Ratio (%)	93.14	93.98	97.07	96.26	82.89
Cash Earning Retention Ratio (%)	95.15	95.41	97.56	97.13	92.96
Interest Coverage Ratio (X)	5.57	6.98	11.40	7.23	3.06
Interest Coverage Ratio (Post Tax) (X)	3.57	4.39	7.76	4.65	1.59
Enterprise Value (Cr.)	1315.07	1092.44	1862.19	1133.61	452.95
EV / Net Operating Revenue (X)	1.41	1.09	1.99	1.67	0.82
EV / EBITDA (X)	11.33	8.68	13.24	11.65	8.15
MarketCap / Net Operating Revenue (X)	1.29	1.01	1.91	1.58	0.67
Retention Ratios (%)	93.13	93.97	97.06	96.25	82.88
Price / BV (X)	3.65	3.62	7.92	7.42	3.78
Price / Net Operating Revenue (X)	1.29	1.01	1.91	1.58	0.67
EarningsYield	0.04	0.06	0.04	0.04	0.02

After reviewing the key financial ratios for Punjab Chemicals & Crop Protection 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 43.70. This value is within the healthy range. It has decreased from 49.84 (Mar 23) to 43.70, marking a decrease of 6.14.
For Diluted EPS (Rs.), as of Mar 24, the value is 43.70. This value is within the healthy range. It has decreased from 49.84 (Mar 23) to 43.70, marking a decrease of 6.14.
For Cash EPS (Rs.), as of Mar 24, the value is 61.78. This value is within the healthy range. It has decreased from 65.34 (Mar 23) to 61.78, marking a decrease of 3.56.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 269.30. It has increased from 228.89 (Mar 23) to 269.30, marking an increase of 40.41.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 269.30. It has increased from 228.89 (Mar 23) to 269.30, marking an increase of 40.41.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 762.01. It has decreased from 820.73 (Mar 23) to 762.01, marking a decrease of 58.72.
For PBDIT / Share (Rs.), as of Mar 24, the value is 94.68. This value is within the healthy range. It has decreased from 102.71 (Mar 23) to 94.68, marking a decrease of 8.03.
For PBIT / Share (Rs.), as of Mar 24, the value is 76.61. This value is within the healthy range. It has decreased from 87.20 (Mar 23) to 76.61, marking a decrease of 10.59.
For PBT / Share (Rs.), as of Mar 24, the value is 59.61. This value is within the healthy range. It has decreased from 72.50 (Mar 23) to 59.61, marking a decrease of 12.89.
For Net Profit / Share (Rs.), as of Mar 24, the value is 43.70. This value is within the healthy range. It has decreased from 49.84 (Mar 23) to 43.70, marking a decrease of 6.14.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 43.70. This value is within the healthy range. It has decreased from 49.84 (Mar 23) to 43.70, marking a decrease of 6.14.
For PBDIT Margin (%), as of Mar 24, the value is 12.42. This value is within the healthy range. It has decreased from 12.51 (Mar 23) to 12.42, marking a decrease of 0.09.
For PBIT Margin (%), as of Mar 24, the value is 10.05. This value is within the healthy range. It has decreased from 10.62 (Mar 23) to 10.05, marking a decrease of 0.57.
For PBT Margin (%), as of Mar 24, the value is 7.82. This value is below the healthy minimum of 10. It has decreased from 8.83 (Mar 23) to 7.82, marking a decrease of 1.01.
For Net Profit Margin (%), as of Mar 24, the value is 5.73. This value is within the healthy range. It has decreased from 6.07 (Mar 23) to 5.73, marking a decrease of 0.34.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 5.73. This value is below the healthy minimum of 8. It has decreased from 6.07 (Mar 23) to 5.73, marking a decrease of 0.34.
For Return on Networth / Equity (%), as of Mar 24, the value is 16.22. This value is within the healthy range. It has decreased from 21.77 (Mar 23) to 16.22, marking a decrease of 5.55.
For Return on Capital Employeed (%), as of Mar 24, the value is 23.29. This value is within the healthy range. It has decreased from 28.80 (Mar 23) to 23.29, marking a decrease of 5.51.
For Return On Assets (%), as of Mar 24, the value is 8.37. This value is within the healthy range. It has decreased from 9.91 (Mar 23) to 8.37, marking a decrease of 1.54.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.15. This value is below the healthy minimum of 0.2. It has decreased from 0.21 (Mar 23) to 0.15, marking a decrease of 0.06.
For Total Debt / Equity (X), as of Mar 24, the value is 0.36. This value is within the healthy range. It has increased from 0.31 (Mar 23) to 0.36, marking an increase of 0.05.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.49. It has decreased from 1.72 (Mar 23) to 1.49, marking a decrease of 0.23.
For Current Ratio (X), as of Mar 24, the value is 1.59. This value is within the healthy range. It has increased from 1.48 (Mar 23) to 1.59, marking an increase of 0.11.
For Quick Ratio (X), as of Mar 24, the value is 1.03. This value is within the healthy range. It has increased from 0.79 (Mar 23) to 1.03, marking an increase of 0.24.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 3.67. This value is below the healthy minimum of 4. It has decreased from 4.07 (Mar 23) to 3.67, marking a decrease of 0.40.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 6.86. This value is below the healthy minimum of 20. It has increased from 6.02 (Mar 23) to 6.86, marking an increase of 0.84.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 4.85. This value is below the healthy minimum of 20. It has increased from 4.59 (Mar 23) to 4.85, marking an increase of 0.26.
For Earning Retention Ratio (%), as of Mar 24, the value is 93.14. This value exceeds the healthy maximum of 70. It has decreased from 93.98 (Mar 23) to 93.14, marking a decrease of 0.84.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 95.15. This value exceeds the healthy maximum of 70. It has decreased from 95.41 (Mar 23) to 95.15, marking a decrease of 0.26.
For Interest Coverage Ratio (X), as of Mar 24, the value is 5.57. This value is within the healthy range. It has decreased from 6.98 (Mar 23) to 5.57, marking a decrease of 1.41.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 3.57. This value is within the healthy range. It has decreased from 4.39 (Mar 23) to 3.57, marking a decrease of 0.82.
For Enterprise Value (Cr.), as of Mar 24, the value is 1,315.07. It has increased from 1,092.44 (Mar 23) to 1,315.07, marking an increase of 222.63.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 1.41. This value is within the healthy range. It has increased from 1.09 (Mar 23) to 1.41, marking an increase of 0.32.
For EV / EBITDA (X), as of Mar 24, the value is 11.33. This value is within the healthy range. It has increased from 8.68 (Mar 23) to 11.33, marking an increase of 2.65.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 1.29. This value is within the healthy range. It has increased from 1.01 (Mar 23) to 1.29, marking an increase of 0.28.
For Retention Ratios (%), as of Mar 24, the value is 93.13. This value exceeds the healthy maximum of 70. It has decreased from 93.97 (Mar 23) to 93.13, marking a decrease of 0.84.
For Price / BV (X), as of Mar 24, the value is 3.65. This value exceeds the healthy maximum of 3. It has increased from 3.62 (Mar 23) to 3.65, marking an increase of 0.03.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 1.29. This value is within the healthy range. It has increased from 1.01 (Mar 23) to 1.29, marking an increase of 0.28.
For EarningsYield, as of Mar 24, the value is 0.04. This value is below the healthy minimum of 5. It has decreased from 0.06 (Mar 23) to 0.04, marking a decrease 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 Punjab Chemicals & Crop Protection Ltd as of April 4, 2025 is: 1,430.25

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 4, 2025, Punjab Chemicals & Crop Protection Ltd is Undervalued by 43.03% compared to the current share price 1,000.00

Intrinsic Value of Punjab Chemicals & Crop Protection Ltd as of April 4, 2025 is: 1,331.29

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 4, 2025, Punjab Chemicals & Crop Protection Ltd is Undervalued by 33.13% compared to the current share price 1,000.00

Last 5 Year EPS CAGR: -6.92%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 20.58%, which is a positive sign. The stock has a low average Working Capital Days of 4.50, which is a positive sign. The company has shown consistent growth in sales (577.85 cr) and profit (35.77 cr) over the years.	The stock has a high average Cash Conversion Cycle of 34.00, which may not be favorable. The company has higher borrowings (170.15) compared to reserves (111.38), which may suggest financial risk.

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 Punjab Chemicals & Crop Protection Ltd:
1. Net Profit Margin: 5.73%
  - 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: 23.29% (Industry Average ROCE: 13.25%)
  - 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%: 16.22% (Industry Average ROE: 14.87%)
  - 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): 3.57
  - 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: 1.03
  - 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: 35.9 (Industry average Stock P/E: 36.12)
  - 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: 0.36
  - 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

Punjab Chemicals and Crop Protection Ltd. is a Public Limited Listed company incorporated on 19/11/1975 and has its registered office in the State of Punjab, India. Company's Corporate Identification Number(CIN) is L24231PB1975PLC047063 and registration number is 003603. Currently Company is involved in the business activities of Manufacture of organic and inorganic chemical compounds. Company's Total Operating Revenue is Rs. 930.55 Cr. and Equity Capital is Rs. 12.26 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Agro Chemicals/Pesticides	Milestone 18, Ambala Kalka Road, Village & P.O Bhankharpur, Mohali Punjab 140201	info@punjabchemicals.com http://www.punjabchemicals.com

Management
Name	Position Held
Mr. Ghattu Ramanna Narayan	Chairman Emeritus
Mr. Mukesh Dahyabhai Patel	Chairman
Mr. Shalil Shashikumar Shroff	Managing Director
Capt.(Retd.) Surjit Singh Chopra	Director
Mr. Vijay Dilbagh Rai	Director
Mr. Sheo Parsad Singh	Director
Ms. Aruna Rajendra Bhinge	Director
Ms. Tara Subramaniam	Director
Mr. Shivshankar Shripal Tiwari	Director
Mr. Avtar Singh	Director

FAQ

What is the intrinsic value of Punjab Chemicals & Crop Protection Ltd?

Punjab Chemicals & Crop Protection Ltd's intrinsic value (as of 04 April 2025) is ₹1430.25 — 43.03% higher the current market price of ₹1,000.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 1,231 Cr. market cap, FY2025-2026 high/low of ₹1,575/662, reserves of 339 Cr, and liabilities of 695 Cr.

What is the Market Cap of Punjab Chemicals & Crop Protection Ltd?

The Market Cap of Punjab Chemicals & Crop Protection Ltd is 1,231 Cr..

What is the current Stock Price of Punjab Chemicals & Crop Protection Ltd as on 04 April 2025?

The current stock price of Punjab Chemicals & Crop Protection Ltd as on 04 April 2025 is 1,000.

What is the High / Low of Punjab Chemicals & Crop Protection Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Punjab Chemicals & Crop Protection Ltd stocks is ₹1,575/662.

What is the Stock P/E of Punjab Chemicals & Crop Protection Ltd?

The Stock P/E of Punjab Chemicals & Crop Protection Ltd is 35.9.

What is the Book Value of Punjab Chemicals & Crop Protection Ltd?

The Book Value of Punjab Chemicals & Crop Protection Ltd is 287.

What is the Dividend Yield of Punjab Chemicals & Crop Protection Ltd?

The Dividend Yield of Punjab Chemicals & Crop Protection Ltd is 0.30 %.

What is the ROCE of Punjab Chemicals & Crop Protection Ltd?

The ROCE of Punjab Chemicals & Crop Protection Ltd is 22.5 %.

What is the ROE of Punjab Chemicals & Crop Protection Ltd?

The ROE of Punjab Chemicals & Crop Protection Ltd is 17.3 %.

What is the Face Value of Punjab Chemicals & Crop Protection Ltd?

The Face Value of Punjab Chemicals & Crop Protection Ltd is 10.0.