Parker Agrochem Exports Ltd

Parker Agrochem Exports Ltd

₹ 18.3 3.04%
26 Jul - 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 8.74 Cr.
  • Current Price 18.3
  • High / Low 29.1 / 9.10
  • Stock P/E 8.17
  • Book Value 8.54
  • Dividend Yield 0.00 %
  • ROCE 25.5 %
  • ROE 30.1 %
  • Face Value 10.0

Pros

  • Debtor days have improved from 57.0 to 39.4 days.

Cons

  • Company has a low return on equity of 8.16% 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: Miscellaneous Industry: Miscellaneous

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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
0.55 0.29 0.83 0.66 6.53 0.94 1.04 0.96 1.38 1.01 2.15 1.61 0.68
0.86 0.74 0.95 0.75 6.47 0.90 0.72 1.46 0.50 0.87 0.93 1.46 0.97
Operating Profit -0.31 -0.45 -0.12 -0.09 0.06 0.04 0.32 -0.50 0.88 0.14 1.22 0.15 -0.29
OPM % -56.36% -155.17% -14.46% -13.64% 0.92% 4.26% 30.77% -52.08% 63.77% 13.86% 56.74% 9.32% -42.65%
0.05 0.02 0.02 0.10 0.03 0.01 0.01 0.01 0.02 0.01 0.01 0.01 0.03
Interest 0.00 0.00 0.02 0.03 0.00 0.00 0.00 0.00 0.03 0.01 0.01 0.02 0.03
Depreciation 0.11 0.11 0.11 0.10 0.09 0.11 0.11 0.11 -0.24 0.03 0.03 0.04 0.10
Profit before tax -0.37 -0.54 -0.23 -0.12 0.00 -0.06 0.22 -0.60 1.11 0.11 1.19 0.10 -0.39
Tax % 243.24% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -12.82%
-1.27 -0.54 -0.24 -0.12 0.00 -0.06 0.21 -0.61 1.11 0.11 1.20 0.09 -0.34
EPS in Rs -2.66 -1.13 -0.50 -0.25 0.00 -0.13 0.44 -1.28 2.32 0.23 2.51 0.19 -0.71
Raw PDF
Upcoming result date: 9 August 2024

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
137.46 190.07 255.52 87.84 10.20 7.68 3.37 9.81 2.21 8.31 4.31 5.46
143.06 199.03 265.07 96.66 9.78 7.27 3.64 10.16 3.17 8.91 3.57 4.24
Operating Profit -5.60 -8.96 -9.55 -8.82 0.42 0.41 -0.27 -0.35 -0.96 -0.60 0.74 1.22
OPM % -4.07% -4.71% -3.74% -10.04% 4.12% 5.34% -8.01% -3.57% -43.44% -7.22% 17.17% 22.34%
6.27 9.77 10.51 9.51 0.18 0.07 0.18 0.15 0.13 0.17 0.05 0.06
Interest 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 0.37 0.49 0.44 0.46 0.48 0.48 0.46 0.46 0.42 0.10 0.19
Profit before tax 0.33 0.42 0.46 0.20 0.11 0.00 -0.67 -0.76 -1.29 -0.90 0.66 1.02
Tax % 30.30% 28.57% 8.70% 25.00% 27.27% -8.96% -9.21% 69.77% 0.00% 0.00% -4.90%
0.23 0.31 0.43 0.16 0.07 0.05 -0.60 -0.69 -2.19 -0.90 0.65 1.07
EPS in Rs 0.48 0.65 0.90 0.33 0.15 0.10 -1.26 -1.44 -4.58 -1.88 1.36 2.24
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: -30%
5 Years: 10%
3 Years: 35%
TTM: 27%
Compounded Profit Growth
10 Years: 13%
5 Years: 29%
3 Years: 35%
TTM: 65%
Stock Price CAGR
10 Years: 9%
5 Years: %
3 Years: 50%
1 Year: 66%
Return on Equity
10 Years: -4%
5 Years: -12%
3 Years: 8%
Last Year: 30%

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 4.78 4.78 4.78 4.78 4.78 4.78 4.78 4.78 4.78 4.78 4.78 4.78
Reserves 0.95 1.26 1.68 1.85 1.92 1.97 1.36 0.68 -1.51 -2.41 -1.76 -0.70
0.23 0.17 0.11 0.05 0.05 0.05 0.00 0.02 0.44 0.12 0.58 0.86
1.07 1.05 1.12 1.13 0.77 0.69 0.93 0.90 1.01 2.01 1.26 0.40
Total Liabilities 7.03 7.26 7.69 7.81 7.52 7.49 7.07 6.38 4.72 4.50 4.86 5.34
5.18 4.84 3.97 3.58 3.51 3.53 3.10 2.64 2.19 1.77 1.66 2.39
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
Investments 0.01 0.73 1.90 2.64 2.40 1.71 1.11 0.01 0.01 0.01 0.01 0.01
1.84 1.69 1.82 1.59 1.61 2.25 2.86 3.73 2.52 2.72 3.19 2.94
Total Assets 7.03 7.26 7.69 7.81 7.52 7.49 7.07 6.38 4.72 4.50 4.86 5.34

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
0.39 0.72 0.88 0.22 0.20 0.16 0.48 -1.10 -0.28 0.34 -0.70 0.84
-0.40 -1.13 -0.89 -0.24 -0.12 -0.14 -0.52 1.19 0.03 0.09 0.00 -0.92
0.22 -0.06 -0.07 -0.06 0.00 0.00 -0.05 -0.06 0.42 -0.34 0.43 0.21
Net Cash Flow 0.21 -0.47 -0.07 -0.09 0.08 0.01 -0.08 0.04 0.17 0.09 -0.27 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 0.69 0.25 0.56 2.62 18.97 33.74 35.74 29.02 71.02 27.23 104.16 39.44
Inventory Days 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable
Cash Conversion Cycle 0.69 0.25 0.56 2.62 18.97 33.74 35.74 29.02 71.02 27.23 104.16 39.44
Working Capital Days 0.27 0.25 0.37 1.87 18.25 30.89 64.99 23.44 -67.71 -48.32 41.50 54.15
ROCE % 5.70% 7.23% 7.67% 4.53% 1.94% 0.00% -10.05% -12.74% -28.29% -30.00% 22.66% 25.53%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 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% 45.78% 45.77% 45.77% 45.77% 45.78%
No. of Shareholders 4,1314,1444,2224,2224,2514,2614,2614,2624,3094,3614,5114,553

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