Privi Speciality Chemicals Ltd

Privi Speciality Chemicals Ltd

₹ 1,105 -0.50%
24 May - close price
About

Incorporated in 1985, Privi Speciality Chemicals Ltd (Formerly known as Privi Speciality Ltd.) is primarily engaged in the manufacturing, supply and exports of aroma and fragrance chemicals used in soaps, detergents, shampoos, and other fine fragrances. [1]

Key Points

Privi Speciality Chemicals Limited (formerly known as Fairchem Speciality Limited) is a manufacturer, supplier, and exporter of aroma and fragrance chemicals and a supplier of bulk aroma chemicals. [1]

  • Market Cap 4,316 Cr.
  • Current Price 1,105
  • High / Low 1,374 / 975
  • Stock P/E 45.5
  • Book Value 236
  • Dividend Yield 0.00 %
  • ROCE 11.8 %
  • ROE 10.8 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 4.67 times its book value
  • The company has delivered a poor sales growth of 5.49% over past five years.
  • Company has a low return on equity of 8.52% over last 3 years.
  • Dividend payout has been low at 5.42% of profits over last 3 years

* 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: Chemicals Industry: Chemicals

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
353 332 300 395 377 389 400 420 399 409 455 404 484
281 274 262 345 329 330 357 368 367 354 366 314 393
Operating Profit 73 59 38 50 48 59 43 52 32 55 89 90 91
OPM % 21% 18% 13% 13% 13% 15% 11% 12% 8% 13% 20% 22% 19%
27 4 4 9 21 4 9 6 3 6 7 6 8
Interest 2 5 5 6 8 10 15 20 23 24 25 24 25
Depreciation 18 19 18 18 20 22 26 30 31 31 31 32 30
Profit before tax 81 40 19 34 41 30 11 8 -19 6 40 39 44
Tax % 26% 26% 29% 26% 26% 26% 30% 31% 21% 30% 25% 26% 28%
60 29 13 25 30 22 8 6 -15 5 30 29 32
EPS in Rs 15.31 7.48 3.39 6.38 7.65 5.72 2.02 1.44 -3.50 1.18 7.80 7.36 7.93
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
597 1,024 1,341 1,324 1,277 1,404 1,608 1,752
525 894 1,128 1,104 1,067 1,209 1,420 1,427
Operating Profit 72 130 213 221 210 195 188 325
OPM % 12% 13% 16% 17% 16% 14% 12% 19%
10 16 14 66 43 38 21 26
Interest 20 24 29 38 24 25 70 98
Depreciation 27 43 47 57 71 75 108 123
Profit before tax 36 79 152 193 158 133 31 130
Tax % 24% 32% 38% 24% 26% 27% 31% 27%
27 53 94 146 117 97 21 95
EPS in Rs 7.21 14.19 24.10 37.35 29.90 24.91 5.68 24.27
Dividend Payout % 14% 11% 10% 4% 7% 8% 0% 8%
Compounded Sales Growth
10 Years: %
5 Years: 5%
3 Years: 11%
TTM: 9%
Compounded Profit Growth
10 Years: %
5 Years: 1%
3 Years: -2%
TTM: 338%
Stock Price CAGR
10 Years: 24%
5 Years: 20%
3 Years: 0%
1 Year: 0%
Return on Equity
10 Years: %
5 Years: 11%
3 Years: 9%
Last Year: 11%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 38 38 39 39 39 39 39 39
Reserves 406 451 537 573 683 773 790 885
321 330 491 510 538 933 1,079 1,008
174 235 359 262 280 431 483 410
Total Liabilities 939 1,053 1,426 1,384 1,540 2,176 2,391 2,343
388 437 498 598 598 704 1,017 1,044
CWIP 24 49 95 30 175 373 100 89
Investments 1 3 0 1 0 12 7 40
527 564 833 754 768 1,087 1,268 1,169
Total Assets 939 1,053 1,426 1,384 1,540 2,176 2,391 2,343

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
17 107 21 216 149 5 49 354
80 -81 -139 -176 -242 -321 -133 -180
-89 -20 122 28 23 333 72 -171
Net Cash Flow 7 5 4 68 -69 17 -12 4

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 106 82 90 63 68 69 67 72
Inventory Days 236 132 162 152 170 279 311 238
Days Payable 115 85 95 69 83 138 114 102
Cash Conversion Cycle 227 129 157 146 155 209 264 209
Working Capital Days 162 97 117 105 123 159 166 159
ROCE % 13% 18% 17% 13% 10% 6%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.06% 74.06% 74.06% 74.05% 74.05% 74.05% 74.05% 74.05% 74.05% 74.05% 74.05% 74.05%
0.47% 0.27% 0.24% 0.51% 0.53% 0.46% 0.57% 0.90% 0.99% 0.97% 0.96% 0.62%
2.13% 2.86% 3.40% 3.65% 3.55% 3.61% 3.60% 3.75% 3.53% 3.37% 3.39% 3.37%
23.34% 22.81% 22.30% 21.79% 21.87% 21.88% 21.79% 21.32% 21.43% 21.62% 21.59% 21.95%
No. of Shareholders 17,43525,89424,85625,38121,77121,18720,60119,97719,43718,22417,70216,821

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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