Caprolactam Chemicals Ltd

Caprolactam Chemicals Ltd

₹ 62.6 3.62%
24 Jun - close price
About

Caprolactam Chemicals Limited was promoted as Vamotiwala Chemicals Industries Limited as a small scale industry in the year 1992. The company specializes in the manufacturing of industrial chemicals like Glycol Ethers and Ethylene Oxide Condensate Emulsifiers. Caprolactam Chemicals has customer base only in India.

Key Points

Business Overview [1]
Caprolactam Chemicals is engaged in manufacturing of chemicals and provides Job work services as per customers requirement.
Caprolactam offers ready to use facilities for Contract Manufacturing to the industries like Flavors & Fragrance, Aroma, Pharma & Agro-Chemicals.
Company did 6.5 Cr turnover in FY20 which was jobwork income.

  • Market Cap 28.8 Cr.
  • Current Price 62.6
  • High / Low 73.2 / 44.2
  • Stock P/E 144
  • Book Value 12.1
  • Dividend Yield 0.00 %
  • ROCE 6.86 %
  • ROE 3.67 %
  • Face Value 10.0

Pros

  • Promoter holding has increased by 1.37% over last quarter.

Cons

  • Stock is trading at 5.19 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 6.04% over past five years.
  • Company has a low return on equity of 11.4% 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

Figures in Rs. Crores

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
1.60 0.91 0.38 0.16 0.63 2.75 2.51 2.37 2.22 2.06 1.97 1.49 1.44
1.30 0.82 0.67 0.60 0.55 1.15 1.24 1.28 1.51 1.30 1.52 1.20 0.77
Operating Profit 0.30 0.09 -0.29 -0.44 0.08 1.60 1.27 1.09 0.71 0.76 0.45 0.29 0.67
OPM % 18.75% 9.89% -76.32% -275.00% 12.70% 58.18% 50.60% 45.99% 31.98% 36.89% 22.84% 19.46% 46.53%
0.04 0.00 0.22 0.02 0.16 0.01 0.01 0.00 -0.01 0.15 0.00 0.00 0.03
Interest 0.07 0.06 0.08 0.08 0.06 0.13 0.14 0.14 0.15 0.14 0.13 0.11 0.12
Depreciation 0.36 0.23 0.25 0.26 0.31 0.22 0.22 0.33 0.39 0.37 0.39 0.40 0.42
Profit before tax -0.09 -0.20 -0.40 -0.76 -0.13 1.26 0.92 0.62 0.16 0.40 -0.07 -0.22 0.16
Tax % -266.67% 25.00% 12.50% -6.58% 107.69% 24.60% 25.00% -17.74% 0.00% 25.00% 28.57% 31.82% 31.25%
-0.33 -0.14 -0.34 -0.81 0.02 0.95 0.69 0.74 0.17 0.30 -0.06 -0.16 0.12
EPS in Rs -0.72 -0.30 -0.74 -1.76 0.04 2.07 1.50 1.61 0.37 0.65 -0.13 -0.35 0.26
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
3.38 3.92 2.85 4.88 3.23 4.07 5.19 6.51 6.31 2.07 9.84 6.96
2.71 4.03 2.46 4.05 2.76 3.18 3.31 3.99 4.14 2.64 5.17 4.79
Operating Profit 0.67 -0.11 0.39 0.83 0.47 0.89 1.88 2.52 2.17 -0.57 4.67 2.17
OPM % 19.82% -2.81% 13.68% 17.01% 14.55% 21.87% 36.22% 38.71% 34.39% -27.54% 47.46% 31.18%
0.05 0.01 -0.15 0.40 0.01 0.07 0.07 0.06 0.09 0.41 0.02 0.18
Interest 0.00 0.00 0.06 0.11 0.12 0.19 0.34 0.30 0.30 0.28 0.57 0.50
Depreciation 0.22 0.19 0.23 0.51 0.47 0.57 0.97 1.02 1.07 1.03 1.15 1.58
Profit before tax 0.50 -0.29 -0.05 0.61 -0.11 0.20 0.64 1.26 0.89 -1.47 2.97 0.27
Tax % 16.00% 6.90% 0.00% 14.75% 0.00% 15.00% 23.44% 24.60% 26.97% 12.93% 14.14% 29.63%
0.42 -0.27 -0.06 0.52 -0.12 0.17 0.50 0.95 0.65 -1.28 2.55 0.20
EPS in Rs 0.91 -0.59 -0.13 1.13 -0.26 0.37 1.09 2.07 1.41 -2.78 5.54 0.43
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: 6%
5 Years: 6%
3 Years: 3%
TTM: -29%
Compounded Profit Growth
10 Years: 11%
5 Years: -17%
3 Years: -32%
TTM: -92%
Stock Price CAGR
10 Years: 23%
5 Years: 47%
3 Years: -11%
1 Year: 8%
Return on Equity
10 Years: 15%
5 Years: 16%
3 Years: 11%
Last Year: 4%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 4.59 4.59 4.59 4.59 4.59 4.59 4.60 4.60 4.60 4.60 4.60 4.60
Reserves -2.81 -3.08 -3.13 -2.61 -2.73 -2.56 -2.06 -1.10 -0.52 -1.80 0.74 0.95
0.02 0.09 0.82 0.95 1.37 1.89 3.58 2.45 2.15 3.76 5.69 5.86
0.40 0.52 1.15 0.98 1.10 2.35 1.29 1.16 0.97 3.77 0.49 0.24
Total Liabilities 2.20 2.12 3.43 3.91 4.33 6.27 7.41 7.11 7.20 10.33 11.52 11.65
1.38 1.19 2.92 2.96 3.38 3.56 6.37 6.07 5.50 5.26 10.22 10.29
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.96 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.82 0.93 0.51 0.95 0.95 2.71 1.04 1.04 1.70 1.11 1.30 1.36
Total Assets 2.20 2.12 3.43 3.91 4.33 6.27 7.41 7.11 7.20 10.33 11.52 11.65

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.56 -0.13 1.44 0.58 0.54 1.10 2.96 2.18 1.25 3.05 0.86 1.82
0.00 0.00 -2.16 -0.56 -0.89 -0.75 -3.78 -0.73 -0.48 -4.75 -2.14 -1.64
-0.52 0.07 0.68 0.02 0.30 0.33 0.35 -1.43 -0.59 1.33 1.37 -0.32
Net Cash Flow 0.04 -0.06 -0.05 0.05 -0.05 0.68 -0.47 0.02 0.18 -0.37 0.08 -0.14

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 32.40 25.14 1.28 38.89 40.68 69.05 2.81 16.82 27.19 5.29 25.22 33.56
Inventory Days 104.29 304.17 88.78 82.64 53.85 52.14
Days Payable 43.45 861.81 799.05 344.34 173.52 111.73
Cash Conversion Cycle 32.40 85.97 1.28 38.89 40.68 -488.58 -707.46 16.82 27.19 -256.41 -94.45 -26.03
Working Capital Days 38.88 28.86 -84.53 -0.75 -14.69 -62.78 -22.50 -20.75 17.93 -513.12 17.80 40.38
ROCE % 27.10% -17.06% 11.34% 27.64% 0.32% 10.91% 19.52% 25.85% 19.54% -18.61% 40.25%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
50.26% 50.26% 50.26% 50.26% 50.26% 52.37% 52.60% 52.60% 52.60% 52.60% 52.60% 53.97%
49.74% 49.74% 49.74% 49.74% 49.74% 47.63% 47.40% 47.39% 47.40% 47.40% 47.40% 46.03%
No. of Shareholders 7,8267,8557,9007,9217,9397,9287,9027,9007,9247,9598,0168,087

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