Mysore Petro Chemicals Ltd
Incorporated in 1969, Mysore Petro Chemicals Ltd is engaged in trading of Phthalic Anhydride, Maleic Anhydride and other chemicals.
- Market Cap ₹ 83.6 Cr.
- Current Price ₹ 127
- High / Low ₹ 262 / 117
- Stock P/E 6.03
- Book Value ₹ 335
- Dividend Yield 1.97 %
- ROCE 7.90 %
- ROE 6.29 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.38 times its book value
- Company has been maintaining a healthy dividend payout of 24.4%
Cons
- Company has a low return on equity of 6.02% over last 3 years.
- Contingent liabilities of Rs.38.0 Cr.
- Earnings include an other income of Rs.13.4 Cr.
- Working capital days have increased from 64.4 days to 163 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
Commodities Chemicals Chemicals & Petrochemicals Trading - Chemicals
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
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 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
30.30 | 6.23 | 32.58 | 12.98 | 22.84 | 20.90 | 18.41 | 28.05 | 33.48 | |
24.60 | 9.79 | 35.95 | 15.53 | 24.98 | 23.65 | 25.55 | 34.90 | 39.07 | |
Operating Profit | 5.70 | -3.56 | -3.37 | -2.55 | -2.14 | -2.75 | -7.14 | -6.85 | -5.59 |
OPM % | 18.81% | -57.14% | -10.34% | -19.65% | -9.37% | -13.16% | -38.78% | -24.42% | -16.70% |
13.98 | 93.03 | 22.59 | 8.64 | 27.00 | 46.19 | 35.05 | 17.28 | 13.39 | |
Interest | 1.20 | 0.07 | 0.04 | 0.06 | 0.34 | 0.26 | 0.58 | 0.29 | 0.07 |
Depreciation | 2.93 | 0.78 | 0.68 | 0.63 | 0.60 | 0.59 | 0.43 | 0.80 | 0.37 |
Profit before tax | 15.55 | 88.62 | 18.50 | 5.40 | 23.92 | 42.59 | 26.90 | 9.34 | 7.36 |
Tax % | 5.59% | 19.15% | 4.00% | 10.00% | 109.32% | 23.24% | 22.97% | 26.66% | 58.70% |
14.68 | 71.65 | 17.76 | 4.86 | -2.24 | 32.69 | 20.72 | 6.85 | 3.04 | |
EPS in Rs | 22.30 | 108.83 | 26.98 | 7.38 | -3.40 | 49.65 | 31.47 | 11.35 | 4.62 |
Dividend Payout % | 4.49% | 1.84% | 7.42% | 27.12% | -58.84% | 5.04% | 7.95% | 22.05% | 43.36% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 21% |
3 Years: | 17% |
TTM: | 19% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 25% |
3 Years: | -24% |
TTM: | 134% |
Stock Price CAGR | |
---|---|
10 Years: | 9% |
5 Years: | 25% |
3 Years: | 8% |
1 Year: | -25% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 7% |
3 Years: | 6% |
Last Year: | 6% |
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 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 6.59 | 6.59 | 6.59 | 6.59 | 6.59 | 6.59 | 6.59 | 6.59 | 6.59 |
Reserves | 69.65 | 140.67 | 156.89 | 160.12 | 156.67 | 187.98 | 207.09 | 213.66 | 214.10 |
6.17 | 0.32 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 20.31 | 0.22 | |
10.47 | 4.66 | 5.97 | 6.11 | 30.88 | 39.59 | 44.64 | 63.60 | 52.03 | |
Total Liabilities | 92.88 | 152.24 | 169.45 | 172.82 | 194.14 | 234.16 | 258.32 | 304.16 | 272.94 |
32.50 | 18.83 | 16.30 | 15.67 | 15.07 | 15.77 | 15.34 | 47.51 | 14.50 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.30 | 2.02 | 0.00 |
Investments | 53.95 | 79.42 | 107.18 | 115.48 | 144.94 | 213.33 | 227.90 | 231.64 | 241.54 |
6.43 | 53.99 | 45.97 | 41.67 | 34.13 | 5.06 | 14.78 | 22.99 | 16.90 | |
Total Assets | 92.88 | 152.24 | 169.45 | 172.82 | 194.14 | 234.16 | 258.32 | 304.16 | 272.94 |
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 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
5.25 | -24.50 | -1.56 | -2.02 | -4.97 | -1.67 | -2.93 | -16.57 | -7.37 | |
-3.08 | 25.30 | 6.29 | 2.11 | 5.72 | 2.11 | 11.57 | 23.39 | 9.77 | |
-2.64 | -0.84 | -1.87 | -1.56 | -1.29 | -1.32 | -2.24 | -7.83 | -1.54 | |
Net Cash Flow | -0.47 | -0.05 | 2.86 | -1.46 | -0.54 | -0.88 | 6.40 | -1.01 | 0.86 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 19.76 | 0.00 | 4.37 | 20.53 | 77.67 | 29.34 | 104.09 | 126.74 | 86.45 |
Inventory Days | 146.83 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 24.93 | 0.00 |
Days Payable | 149.60 | 24.12 | |||||||
Cash Conversion Cycle | 16.99 | 0.00 | 4.37 | 20.53 | 77.67 | 29.34 | 104.09 | 127.56 | 86.45 |
Working Capital Days | -45.66 | 642.12 | 138.92 | 410.84 | 290.37 | -6.46 | 81.88 | -51.40 | 162.88 |
ROCE % | 20.91% | 11.47% | 3.12% | 18.92% | 23.58% | 12.26% | 3.67% | 7.90% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Management
24 May - Independent Director Smt. Uma Acharya's tenure ends on 24 May 2025; she ceases as director.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
24 May - Annual Secretarial Compliance Report for FY ended 31 March 2025 submitted.
- Corporate Action - Fixes Record Date For Dividend And Annual General Meeting 22 May
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Corporate Action - Fixes Book Closure For Dividend And AGM
21 May - 55th AGM on 14 Aug 2025; book closure 8-12 Aug; dividend payment post 21 Aug.
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Integrated Filing (Financial)
21 May - Audited FY25 results; 20% dividend recommended; impairment loss on subsidiary; unmodified audit opinion.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1]
Company used to manufacture Phthalic Anhydride (PA) at its plant at Raichur in Karnataka with a capacity of 12000 MTPA. However, due to economic unviability, the Plant was closed from July 2013 till April 2017. Company has transferred its MA business by way of “Slump Sale” to I G Petrochemicals Limited and is now involved in trading of organic & inorganic chemicals.