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Last Updated on: 19 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Shree Pushkar Chemicals & Fertilizers Ltd

Basic Stock Data

Last Updated: June 19, 2024, 2:23 pm

Market Cap 677 Cr.
Current Price 214
High / Low242/155
Stock P/E18.3
Book Value 150
Dividend Yield0.67 %
ROCE9.15 %
ROE8.13 %
Face Value 10.0
PEG Ratio76.05

Competitors of Shree Pushkar Chemicals & Fertilizers Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
S H Kelkar & Company Ltd (SHK) 2,808 Cr. 203232/11122.9 87.60.99 %12.4 %10.8 % 10.0
Andhra Sugars Ltd 1,701 Cr. 126129/92.021.5 1171.59 %5.73 %5.06 % 2.00
Hindcon Chemicals Ltd 272 Cr. 53.069.7/17.443.9 9.760.17 %17.9 %13.4 % 2.00
Deco-Mica Ltd 44.3 Cr. 105122/57.419.2 59.50.00 %13.4 %9.67 % 10.0
SRF Ltd 71,395 Cr. 2,4092,697/2,04053.6 3870.30 %12.7 %12.2 % 10.0
Industry Average10,839.94 Cr919.0833.14155.490.57%15.41%10.30%7.33

Quarterly Result

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales114119136137192169181154180176185175191
Expenses99100114118173148168141160162171161172
Operating Profit14182220192114132014141419
OPM %12%16%16%14%10%13%8%9%11%8%8%8%10%
Other Income2222113222333
Interest0110001010010
Depreciation4334445555555
Profit before tax12162117171811101710111116
Tax %15%17%24%28%16%19%56%50%22%21%24%32%18%
Net Profit101316121414551388813
EPS in Rs3.384.345.114.014.554.561.541.624.052.492.672.414.14

Last Updated: June 10, 2024, 12:37 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: May 26, 2024, 12:45 pm

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Sales306395452346355584684726
Expenses254334385296312504615665
Operating Profit5261675043806961
OPM %17%15%15%15%12%14%10%8%
Other Income222377811
Interest33421222
Depreciation58101113141922
Profit before tax4652564036715648
Tax %34%30%27%11%20%22%33%23%
Net Profit3037413629563737
EPS in Rs10.0012.0913.3011.589.2618.0111.7711.72
Dividend Payout %15%0%11%0%11%11%13%13%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)23.33%10.81%-12.20%-19.44%93.10%-33.93%0.00%
Change in YoY Net Profit Growth (%)0.00%-12.52%-23.01%-7.25%112.55%-127.03%33.93%

Growth

Compounded Sales Growth
10 Years:%
5 Years:12%
3 Years:25%
TTM:3%
Compounded Profit Growth
10 Years:%
5 Years:0%
3 Years:2%
TTM:-4%
Stock Price CAGR
10 Years:%
5 Years:1%
3 Years:7%
1 Year:8%
Return on Equity
10 Years:%
5 Years:12%
3 Years:11%
Last Year:9%

Last Updated: April 13, 2024, 9:24 am

Shree Pushkar Chemicals & Fertilizers Ltd Balance Sheet

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital3030313131313232
Reserves163207254275308365406422
Borrowings15654751589470125
Other Liabilities5278778089134149134
Total Liabilities260380408437486624657713
Fixed Assets123166172164175195313305
CWIP0310528111007
Investments00059657795113
Other Assets137210226163165243249287
Total Assets260380408437486624657713

Reserves and Borrowings Chart

Shree Pushkar Chemicals & Fertilizers Ltd Cash Flow

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 17-55676414250
Cash from Investing Activity -12-50-40-61-33-63-38
Cash from Financing Activity -555-15-14-731-22
Net Cash Flow0-000210-9

Free Cash Flow

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow37.00-4.0020.00-1.00-15.00-14.00-1.00-47.00

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

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days73797981795968
Inventory Days5511075106959470
Days Payable39685491858781
Cash Conversion Cycle8912210096896657
Working Capital Days711089496876565
ROCE %22%19%12%10%16%12%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters67.03%67.03%67.03%67.61%68.42%68.42%68.42%68.60%68.61%68.60%68.60%68.60%
FIIs0.40%1.33%1.44%1.28%1.34%1.40%1.34%1.33%1.37%1.35%1.35%1.39%
DIIs2.52%1.25%1.25%1.25%1.22%1.14%1.14%1.14%1.06%1.04%0.75%0.00%
Public30.06%30.40%30.28%29.86%29.03%29.05%29.10%28.92%28.96%29.01%29.30%30.02%
No. of Shareholders17,92920,06619,80418,01718,01319,10019,23418,68918,44919,15919,63819,090

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)11.7211.8318.019.2511.60
Diluted EPS (Rs.)11.6911.7717.689.2511.61
Cash EPS (Rs.)18.5517.6322.609.7215.30
Book Value[Excl.RevalReserv]/Share (Rs.)149.75138.37128.27112.02101.39
Book Value[Incl.RevalReserv]/Share (Rs.)149.75138.37128.27112.02101.39
Revenue From Operations / Share (Rs.)229.61216.29189.38115.10112.31
PBDIT / Share (Rs.)22.5824.1328.1716.2017.37
PBIT / Share (Rs.)15.7518.2723.5815.7313.66
PBT / Share (Rs.)15.2517.5722.9511.6312.97
Net Profit / Share (Rs.)11.7211.7718.019.2511.58
NP After MI And SOA / Share (Rs.)11.7211.7718.019.2511.58
PBDIT Margin (%)9.8311.1514.8714.0715.46
PBIT Margin (%)6.858.4412.4513.6612.16
PBT Margin (%)6.648.1212.1110.1011.54
Net Profit Margin (%)5.105.449.518.0410.31
NP After MI And SOA Margin (%)5.105.449.518.0410.31
Return on Networth / Equity (%)7.828.5014.048.2611.42
Return on Capital Employeed (%)9.6812.1516.7813.0812.78
Return On Assets (%)5.225.668.895.878.16
Long Term Debt / Equity (X)0.000.000.010.020.01
Total Debt / Equity (X)0.220.140.220.150.15
Asset Turnover Ratio (%)1.061.070.720.600.71
Current Ratio (X)1.801.831.561.361.43
Quick Ratio (X)1.481.381.080.880.86
Inventory Turnover Ratio (X)6.374.944.072.923.31
Dividend Payout Ratio (NP) (%)0.0016.985.550.0017.22
Dividend Payout Ratio (CP) (%)0.0011.344.420.0013.04
Earning Retention Ratio (%)0.0083.0294.450.0082.78
Cash Earning Retention Ratio (%)0.0088.6695.580.0086.96
Interest Coverage Ratio (X)45.7234.4844.313.9525.16
Interest Coverage Ratio (Post Tax) (X)24.7217.8229.343.2617.77
Enterprise Value (Cr.)610.81527.53937.02472.34275.70
EV / Net Operating Revenue (X)0.840.771.601.330.79
EV / EBITDA (X)8.556.9110.799.465.15
MarketCap / Net Operating Revenue (X)0.690.681.481.190.65
Retention Ratios (%)0.0083.0194.440.0082.77
Price / BV (X)1.061.072.181.220.72
Price / Net Operating Revenue (X)0.690.681.481.190.65
EarningsYield0.070.070.060.060.15

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: 224.66

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: 4.98% compared to the current price 214

Intrinsic Value: 225.20

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: 5.24% compared to the current price ₹214

Last 5 Year EPS CAGR: 0.24%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (302.50 cr) compared to borrowings (63.50 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (481.00 cr) and profit (50.63 cr) over the years.
  1. The stock has a low average ROCE of 13.00%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 83.71, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 88.43, which may not be favorable.

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 Shree Pushkar Chemicals & Fertilizers Ltd:
    1. Net Profit Margin: 5.10%
      • 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: 9.68% (Industry Average ROCE: %)
      • 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%: 7.82% (Industry Average ROE: %)
      • 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): 24.72
      • 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: 1.48
      • 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: 18.3 (Industry average Stock P/E: )
      • 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: 0.22
      • 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

No data availabale for About the Company
INDUSTRYADDRESSCONTACT
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Management Data not Available

FAQ

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

The latest fair value of Shree Pushkar Chemicals & Fertilizers Ltd is ₹224.66.

What is the Market Cap of Shree Pushkar Chemicals & Fertilizers Ltd?

The Market Cap of Shree Pushkar Chemicals & Fertilizers Ltd is 677 Cr..

What is the current Stock Price of Shree Pushkar Chemicals & Fertilizers Ltd as on 19 June 2024?

The current stock price of Shree Pushkar Chemicals & Fertilizers Ltd as on 19 June 2024 is ₹214.

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

In FY 2024, the High / Low of Shree Pushkar Chemicals & Fertilizers Ltd stocks is 242/155.

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

The Stock P/E of Shree Pushkar Chemicals & Fertilizers Ltd is 18.3.

What is the Book Value of Shree Pushkar Chemicals & Fertilizers Ltd?

The Book Value of Shree Pushkar Chemicals & Fertilizers Ltd is 150.

What is the Dividend Yield of Shree Pushkar Chemicals & Fertilizers Ltd?

The Dividend Yield of Shree Pushkar Chemicals & Fertilizers Ltd is 0.67 %.

What is the ROCE of Shree Pushkar Chemicals & Fertilizers Ltd?

The ROCE of Shree Pushkar Chemicals & Fertilizers Ltd is 9.15 %.

What is the ROE of Shree Pushkar Chemicals & Fertilizers Ltd?

The ROE of Shree Pushkar Chemicals & Fertilizers Ltd is 8.13 %.

What is the Face Value of Shree Pushkar Chemicals & Fertilizers Ltd?

The Face Value of Shree Pushkar Chemicals & Fertilizers 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 Shree Pushkar Chemicals & Fertilizers 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