Shree Pushkar Chemicals & Fertilizers Ltd

Shree Pushkar Chemicals & Fertilizers Ltd

₹ 183 -0.78%
26 Apr - close price
About

Shree Pushkar Chemicals & Fertilisers Ltd is engaged in the business of manufacturing and trading of chemicals, dyes and dyes intermediate, cattle feeds, fertilizers and soil conditioner.

Key Points

Integrated Chemical Manufacturer
The Co. was incorporated in 1993 and commenced trading of Dye and intermediaries. In 2001, the Co. started manufacturing Dyes and later started manufacturing inhouse raw materials and soon moved up in the value chain and started manufacturing acids and fertilizers with a portfolio of over 25 products. [1]

  • Market Cap 580 Cr.
  • Current Price 183
  • High / Low 242 / 155
  • Stock P/E 15.8
  • Book Value 144
  • Dividend Yield 0.82 %
  • ROCE 11.6 %
  • ROE 8.91 %
  • Face Value 10.0

Pros

Cons

  • Company has a low return on equity of 10.8% over last 3 years.
  • Dividend payout has been low at 11.6% 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: Dyes And Pigments

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
95.57 113.53 118.52 136.05 137.34 192.09 168.76 181.29 153.67 180.31 175.53 185.22 174.64
82.10 99.42 100.08 113.73 117.69 172.83 147.60 167.60 140.54 159.90 161.50 171.26 160.69
Operating Profit 13.47 14.11 18.44 22.32 19.65 19.26 21.16 13.69 13.13 20.41 14.03 13.96 13.95
OPM % 14.09% 12.43% 15.56% 16.41% 14.31% 10.03% 12.54% 7.55% 8.54% 11.32% 7.99% 7.54% 7.99%
2.05 2.01 1.98 2.30 1.62 1.29 0.92 2.62 2.37 2.02 1.90 2.86 3.34
Interest 0.28 0.20 0.76 0.57 0.49 0.14 0.27 0.55 0.44 0.96 0.50 0.23 0.61
Depreciation 3.03 3.60 3.48 3.44 3.60 3.62 3.89 4.81 4.87 4.95 5.42 5.43 5.48
Profit before tax 12.21 12.32 16.18 20.61 17.18 16.79 17.92 10.95 10.19 16.52 10.01 11.16 11.20
Tax % 26.13% 15.34% 17.18% 23.58% 27.88% 16.50% 19.48% 55.53% 49.85% 22.40% 21.28% 24.19% 31.88%
9.02 10.43 13.39 15.75 12.38 14.03 14.43 4.87 5.12 12.81 7.89 8.45 7.63
EPS in Rs 2.93 3.38 4.34 5.11 4.01 4.55 4.56 1.54 1.62 4.05 2.49 2.67 2.41
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 TTM
306 395 452 346 355 584 684 716
254 334 385 296 312 504 615 653
Operating Profit 52 61 67 50 43 80 69 62
OPM % 17% 15% 15% 15% 12% 14% 10% 9%
2 2 2 3 7 7 8 10
Interest 3 3 4 2 1 2 2 2
Depreciation 5 8 10 11 13 14 19 21
Profit before tax 46 52 56 40 36 71 56 49
Tax % 34% 30% 27% 11% 20% 22% 33%
30 37 41 36 29 56 37 37
EPS in Rs 10.00 12.09 13.30 11.58 9.26 18.01 11.77 11.62
Dividend Payout % 15% 0% 11% 0% 11% 11% 13%
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: 3%
3 Years: 7%
1 Year: 11%
Return on Equity
10 Years: %
5 Years: 12%
3 Years: 11%
Last Year: 9%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 30 30 31 31 31 31 32 32
Reserves 163 207 254 275 308 365 406 422
15 65 47 51 58 94 70 125
52 78 77 80 89 134 149 134
Total Liabilities 260 380 408 437 486 624 657 713
123 166 172 164 175 195 313 305
CWIP 0 3 10 52 81 110 0 7
Investments 0 0 0 59 65 77 95 113
137 210 226 163 165 243 249 287
Total Assets 260 380 408 437 486 624 657 713

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
17 -5 56 76 41 42 50
-12 -50 -40 -61 -33 -63 -38
-5 55 -15 -14 -7 31 -22
Net Cash Flow 0 -0 0 0 2 10 -9

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 73 79 79 81 79 59 68
Inventory Days 55 110 75 106 95 94 70
Days Payable 39 68 54 91 85 87 81
Cash Conversion Cycle 89 122 100 96 89 66 57
Working Capital Days 71 108 94 96 87 65 65
ROCE % 22% 19% 12% 10% 16% 12%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
67.03% 67.03% 67.03% 67.61% 68.42% 68.42% 68.42% 68.60% 68.61% 68.60% 68.60% 68.60%
0.40% 1.33% 1.44% 1.28% 1.34% 1.40% 1.34% 1.33% 1.37% 1.35% 1.35% 1.39%
2.52% 1.25% 1.25% 1.25% 1.22% 1.14% 1.14% 1.14% 1.06% 1.04% 0.75% 0.00%
30.06% 30.40% 30.28% 29.86% 29.03% 29.05% 29.10% 28.92% 28.96% 29.01% 29.30% 30.02%
No. of Shareholders 17,92920,06619,80418,01718,01319,10019,23418,68918,44919,15919,63819,090

* 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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Documents

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