Parker Agrochem Exports Ltd

Parker Agrochem Exports Ltd

₹ 27.2 1.83%
26 Apr - close price
About

Incorporated in 1993, Parker Agrochem Exports Ltd is engaged in the business of providing Storage Tanks on Hire and Trading
of Commodities.

Key Points

Business Profile:[1]
Company has developed petroleum and edible oil storage tanks with connecting pipelines with Port / Jetty for directly loading & unloading on ships. These storage tanks are rented and the rental income forms a major portion of company’s total income. Company is an owner of 14 storage tanks. Company was involved in the business of trading in commodities including bullions, futures, currencies etc. but it was closed down. Company continues to carry on the business of renting of storage tank, trading in commodities including gold and silver and also shares and securities.

  • Market Cap 13.0 Cr.
  • Current Price 27.2
  • High / Low 29.1 / 6.81
  • Stock P/E 5.18
  • Book Value 9.06
  • Dividend Yield 0.00 %
  • ROCE 22.7 %
  • ROE 24.1 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 3.00 times its book value
  • The company has delivered a poor sales growth of -10.9% over past five years.
  • Company has a low return on equity of -25.6% over last 3 years.
  • Debtor days have increased from 67.5 to 104 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Miscellaneous Industry: Miscellaneous

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Quarterly Results

Figures in Rs. Crores

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
0.56 0.55 0.29 0.83 0.66 6.53 0.94 1.04 0.96 1.38 1.01 2.15 1.61
0.76 0.86 0.74 0.95 0.75 6.47 0.90 0.72 1.46 0.50 0.87 0.93 1.46
Operating Profit -0.20 -0.31 -0.45 -0.12 -0.09 0.06 0.04 0.32 -0.50 0.88 0.14 1.22 0.15
OPM % -35.71% -56.36% -155.17% -14.46% -13.64% 0.92% 4.26% 30.77% -52.08% 63.77% 13.86% 56.74% 9.32%
0.03 0.05 0.02 0.02 0.10 0.03 0.01 0.01 0.01 0.02 0.01 0.01 0.01
Interest 0.00 0.00 0.00 0.02 0.03 0.00 0.00 0.00 0.00 0.03 0.01 0.01 0.02
Depreciation 0.11 0.11 0.11 0.11 0.10 0.09 0.11 0.11 0.11 -0.24 0.03 0.03 0.04
Profit before tax -0.28 -0.37 -0.54 -0.23 -0.12 0.00 -0.06 0.22 -0.60 1.11 0.11 1.19 0.10
Tax % 0.00% -243.24% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-0.28 -1.27 -0.54 -0.24 -0.12 0.00 -0.06 0.21 -0.61 1.11 0.11 1.20 0.09
EPS in Rs -0.59 -2.66 -1.13 -0.50 -0.25 0.00 -0.13 0.44 -1.28 2.32 0.23 2.51 0.19
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
8.75 137.46 190.07 255.52 87.84 10.20 7.68 3.37 9.81 2.21 8.31 4.31 6.15
10.31 143.06 199.03 265.07 96.66 9.78 7.27 3.64 10.16 3.17 8.91 3.57 3.76
Operating Profit -1.56 -5.60 -8.96 -9.55 -8.82 0.42 0.41 -0.27 -0.35 -0.96 -0.60 0.74 2.39
OPM % -17.83% -4.07% -4.71% -3.74% -10.04% 4.12% 5.34% -8.01% -3.57% -43.44% -7.22% 17.17% 38.86%
1.64 6.27 9.77 10.51 9.51 0.18 0.07 0.18 0.15 0.13 0.17 0.05 0.05
Interest 0.00 0.00 0.02 0.01 0.05 0.03 0.00 0.10 0.10 0.00 0.05 0.03 0.07
Depreciation 0.34 0.34 0.37 0.49 0.44 0.46 0.48 0.48 0.46 0.46 0.42 0.10 -0.14
Profit before tax -0.26 0.33 0.42 0.46 0.20 0.11 0.00 -0.67 -0.76 -1.29 -0.90 0.66 2.51
Tax % 0.00% 30.30% 28.57% 8.70% 25.00% 27.27% 8.96% 9.21% -69.77% 0.00% 0.00%
-0.27 0.23 0.31 0.43 0.16 0.07 0.05 -0.60 -0.69 -2.19 -0.90 0.65 2.51
EPS in Rs -0.56 0.48 0.65 0.90 0.33 0.15 0.10 -1.26 -1.44 -4.58 -1.88 1.36 5.25
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -29%
5 Years: -11%
3 Years: -24%
TTM: -35%
Compounded Profit Growth
10 Years: 11%
5 Years: 67%
3 Years: 42%
TTM: 646%
Stock Price CAGR
10 Years: 15%
5 Years: 16%
3 Years: 54%
1 Year: 253%
Return on Equity
10 Years: -5%
5 Years: -18%
3 Years: -26%
Last Year: 24%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 4.78 4.78 4.78 4.78 4.78 4.78 4.78 4.78 4.78 4.78 4.78 4.78 4.78
Reserves 0.73 0.95 1.26 1.68 1.85 1.92 1.97 1.36 0.68 -1.51 -2.41 -1.76 -0.45
0.11 0.23 0.17 0.11 0.05 0.05 0.05 0.00 0.02 0.44 0.12 0.58 0.49
0.81 1.07 1.05 1.12 1.13 0.77 0.69 0.93 0.90 1.01 2.01 1.26 0.58
Total Liabilities 6.43 7.03 7.26 7.69 7.81 7.52 7.49 7.07 6.38 4.72 4.50 4.86 5.40
5.13 5.18 4.84 3.97 3.58 3.51 3.53 3.10 2.64 2.19 1.77 1.66 1.61
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.01 0.01 0.73 1.90 2.64 2.40 1.71 1.11 0.01 0.01 0.01 0.01 0.01
1.29 1.84 1.69 1.82 1.59 1.61 2.25 2.86 3.73 2.52 2.72 3.19 3.78
Total Assets 6.43 7.03 7.26 7.69 7.81 7.52 7.49 7.07 6.38 4.72 4.50 4.86 5.40

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.74 0.39 0.72 0.88 0.22 0.20 0.16 0.48 -1.10 -0.28 0.34 -0.70
-0.50 -0.40 -1.13 -0.89 -0.24 -0.12 -0.14 -0.52 1.19 0.03 0.09 0.00
0.00 0.22 -0.06 -0.07 -0.06 0.00 0.00 -0.05 -0.06 0.42 -0.34 0.43
Net Cash Flow 0.24 0.21 -0.47 -0.07 -0.09 0.08 0.01 -0.08 0.04 0.17 0.09 -0.27

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 4.17 0.69 0.25 0.56 2.62 18.97 33.74 35.74 29.02 71.02 27.23 104.16
Inventory Days 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable
Cash Conversion Cycle 4.17 0.69 0.25 0.56 2.62 18.97 33.74 35.74 29.02 71.02 27.23 104.16
Working Capital Days 1.67 0.27 0.25 0.37 1.87 18.25 30.89 64.99 23.44 -67.71 -48.32 41.50
ROCE % -4.54% 5.70% 7.23% 7.67% 4.53% 1.94% 0.00% -10.05% -12.74% -28.29% -30.00% 22.66%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
54.23% 54.23% 54.23% 54.23% 54.23% 54.23% 54.23% 54.23% 54.23% 54.23% 54.23% 54.23%
45.77% 45.77% 45.77% 45.77% 45.77% 45.77% 45.77% 45.77% 45.78% 45.77% 45.77% 45.77%
No. of Shareholders 4,1294,1314,1444,2224,2224,2514,2614,2614,2624,3094,3614,511

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