Indo Amines Ltd

Indo Amines Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Indo Amines Ltd

₹ 137 0.92%
23 Apr - close price
indoaminesltd.com BSE: 524648 NSE : INDOAMIN
About

Promoted in 1979, as Techno Chemical Industries, the company was incorporated in 1994 as Indo Amines Limited. The company is a world-wide manufacturer, developer and supplier of fine and specialty chemicals, performance chemicals, perfumery chemicals and active pharmaceutical ingredients.
The company has five manufacturing units in Gujarat and Maharashtra.

Key Points

Business Overview:
The products manufactured by the company have applications in several industries- Fertilizer, Agrochemicals, Pharmaceuticals, High-Performance Polymers, Paints, Pigments, Printing Inks, Rubber Chemicals, Additives, Surfactants, Dyes & Intermediates, Road Construction, Flavors & Fragrances, Home & Personal Care usage, Petrochemicals, Pesticides, and Perfumery. [1]

Website BSE NSE
  • Market Cap ₹ 971 Cr.
  • Current Price ₹ 137
  • High / Low ₹ 185 / 86.1
  • Stock P/E 18.8
  • Book Value ₹ 33.9
  • Dividend Yield 0.36 %
  • ROCE 16.6 %
  • ROE 19.0 %
  • Face Value ₹ 5.00
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Pros

  • Company has delivered good profit growth of 20.9% CAGR over last 5 years

Cons

  • Company might be capitalizing the interest cost

* 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

Standalone Figures in Rs. Crores / View Consolidated

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
140.99 155.64 182.71 180.57 195.49 221.42 251.93 229.42 206.41 234.30 242.36 225.73 210.32
125.11 144.11 168.31 171.07 185.06 203.17 230.00 213.86 191.92 203.16 219.34 204.65 191.71
Operating Profit 15.88 11.53 14.40 9.50 10.43 18.25 21.93 15.56 14.49 31.14 23.02 21.08 18.61
OPM % 11.26% 7.41% 7.88% 5.26% 5.34% 8.24% 8.70% 6.78% 7.02% 13.29% 9.50% 9.34% 8.85%
3.14 2.11 3.96 1.95 3.04 1.34 0.58 0.66 0.62 1.76 3.39 5.35 2.10
Interest 2.13 2.35 3.21 3.25 3.61 3.66 3.42 3.88 4.57 5.13 5.56 5.61 5.53
Depreciation 6.17 -7.36 3.10 3.41 3.57 3.88 3.97 4.29 4.48 4.38 3.52 3.40 3.83
Profit before tax 10.72 18.65 12.05 4.79 6.29 12.05 15.12 8.05 6.06 23.39 17.33 17.42 11.35
Tax % 20.71% 22.25% 29.63% 24.84% 30.37% 29.96% 27.45% 30.31% 28.88% 26.89% 25.04% 25.89% 24.93%
8.50 14.50 8.48 3.61 4.38 8.43 10.97 5.61 4.31 17.10 12.99 12.91 8.52
EPS in Rs 1.20 2.05 1.20 0.51 0.62 1.19 1.55 0.79 0.61 2.42 1.84 1.83 1.21
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
217 200 217 215 243 277 347 527 472 539 780 922 913
204 185 199 195 214 243 308 473 430 483 728 839 819
Operating Profit 13 15 18 21 28 34 39 54 42 56 53 83 94
OPM % 6% 7% 8% 10% 12% 12% 11% 10% 9% 10% 7% 9% 10%
2 2 1 2 1 3 4 7 6 7 10 4 13
Interest 4 4 4 5 4 4 8 10 11 9 14 17 22
Depreciation 3 3 6 10 12 12 12 15 19 11 14 17 15
Profit before tax 7 9 9 7 14 22 23 36 19 43 35 53 69
Tax % 43% 33% 36% 35% 38% 30% 37% 33% 26% 23% 29% 28%
4 6 6 5 9 15 15 24 14 33 25 38 52
EPS in Rs 1.01 1.18 0.95 0.70 1.31 2.30 2.20 3.63 2.07 4.67 3.52 5.37 7.30
Dividend Payout % 31% 21% 26% 36% 38% 22% 23% 14% 24% 12% 14% 9%
Compounded Sales Growth
10 Years: 17%
5 Years: 22%
3 Years: 25%
TTM: 0%
Compounded Profit Growth
10 Years: 20%
5 Years: 21%
3 Years: 40%
TTM: 76%
Stock Price CAGR
10 Years: 34%
5 Years: 25%
3 Years: 46%
1 Year: 60%
Return on Equity
10 Years: 18%
5 Years: 18%
3 Years: 18%
Last Year: 19%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 12 13 31 33 33 33 33 33 33 35 35 35 35
Reserves 15 20 9 11 16 34 44 90 99 125 148 182 204
46 46 52 49 48 61 87 131 142 158 206 230 251
42 53 60 57 65 78 74 90 91 122 148 136 132
Total Liabilities 115 133 152 150 162 206 238 343 365 441 537 583 623
20 26 30 48 46 58 64 115 115 123 180 194 202
CWIP 3 7 12 1 0 2 5 8 24 54 20 18 14
Investments 0 0 5 5 5 5 5 1 1 3 3 3 3
93 101 104 96 110 141 164 220 225 262 335 368 404
Total Assets 115 133 152 150 162 206 238 343 365 441 537 583 623

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-3 28 20 22 19 13 10 19 37 53 -7 21
-10 -16 -23 -13 -10 -22 -21 -40 -35 -50 -36 -30
14 -11 3 -9 -8 7 14 21 -4 2 51 3
Net Cash Flow 2 0 1 -0 1 -2 4 -1 -1 6 8 -6

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 75 88 80 65 67 79 75 81 83 90 87 80
Inventory Days 65 53 54 62 60 64 78 64 92 82 68 66
Days Payable 73 87 84 71 67 78 102 80 92 104 86 62
Cash Conversion Cycle 67 55 50 55 59 65 52 65 83 68 69 85
Working Capital Days 43 67 59 49 51 18 69 71 84 82 76 86
ROCE % 18% 18% 15% 13% 19% 22% 21% 22% 11% 18% 14% 17%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
69.34% 69.33% 69.32% 69.33% 69.33% 69.03% 68.34% 67.39% 67.37% 66.87% 66.76% 66.76%
0.00% 0.00% 0.00% 0.00% 0.01% 0.06% 0.17% 0.06% 0.00% 0.00% 0.10% 0.05%
30.66% 30.67% 30.68% 30.67% 30.66% 30.90% 31.48% 32.56% 32.63% 33.13% 33.14% 33.20%
No. of Shareholders 14,99918,28118,36620,79720,81725,06626,32126,75926,05927,98027,48826,487

* 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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