Phyto Chem (India) Ltd

Phyto Chem (India) Ltd

₹ 34.3 -4.75%
18 Apr - close price
About

Incorporated in 1989, Phyto Chem Ltd is engaged in manufacturing of Pesticides[1]

Key Points

Business Overview:[1]
Company is in the business of manufacturing & marketing of pesticides for agriculture sector. It works in 3 segments i.e. Pesticides Formulations, Food Division and Real Estate Activities. Company has a marketing network in Telangana, Andhra Pradesh, Maharashtra and Karnataka and their products are marketed with its own brands through dealers & distributors network.
In FY22, company started marketing of Food products and is continuing Real Estate activity in a small way in Bengaluru for the last few years

  • Market Cap 14.7 Cr.
  • Current Price 34.3
  • High / Low 55.6 / 29.5
  • Stock P/E
  • Book Value 20.2
  • Dividend Yield 0.00 %
  • ROCE 7.55 %
  • ROE 1.90 %
  • Face Value 10.0

Pros

  • Company has reduced debt.

Cons

  • 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 -14.6% over past five years.
  • Company has a low return on equity of 2.33% over last 3 years.
  • Company has high debtors of 276 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.

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Quarterly Results

Figures in Rs. Crores

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
5.86 6.44 1.68 10.37 7.63 3.44 1.41 12.47 7.88 5.00 0.64 7.21 6.52
5.27 6.35 3.36 9.00 6.44 2.92 2.23 9.97 7.60 4.36 1.91 6.67 5.76
Operating Profit 0.59 0.09 -1.68 1.37 1.19 0.52 -0.82 2.50 0.28 0.64 -1.27 0.54 0.76
OPM % 10.07% 1.40% -100.00% 13.21% 15.60% 15.12% -58.16% 20.05% 3.55% 12.80% -198.44% 7.49% 11.66%
0.23 0.37 0.81 0.31 0.05 0.13 0.00 0.03 0.06 0.07 0.15 0.01 0.06
Interest 0.39 0.57 0.50 0.45 0.56 0.59 0.50 0.46 0.48 0.66 0.56 0.63 0.44
Depreciation 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.08 0.08 0.10
Profit before tax 0.33 -0.21 -1.47 1.13 0.58 -0.04 -1.42 1.97 -0.24 -0.05 -1.76 -0.16 0.28
Tax % -24.24% 14.29% 1.36% 0.88% 10.34% 225.00% -10.56% 0.00% -29.17% 360.00% 0.00% 0.00% 0.00%
0.40 -0.19 -1.45 1.12 0.52 0.05 -1.57 1.98 -0.31 0.12 -1.76 -0.16 0.29
EPS in Rs 0.93 -0.44 -3.37 2.60 1.21 0.12 -3.65 4.60 -0.72 0.28 -4.09 -0.37 0.67
Raw PDF

Profit & Loss

Figures in Rs. Crores

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
25.62 31.29 29.29 40.92 21.77 44.45 58.90 59.11 44.22 44.49 23.12 26.76 19.37
23.33 28.97 26.32 38.27 20.24 41.58 56.75 56.68 42.30 42.28 21.70 24.16 18.70
Operating Profit 2.29 2.32 2.97 2.65 1.53 2.87 2.15 2.43 1.92 2.21 1.42 2.60 0.67
OPM % 8.94% 7.41% 10.14% 6.48% 7.03% 6.46% 3.65% 4.11% 4.34% 4.97% 6.14% 9.72% 3.46%
0.23 0.51 -0.06 0.12 0.68 0.27 1.55 0.98 1.38 0.80 1.29 0.16 0.29
Interest 0.75 1.56 1.63 1.64 1.72 1.67 2.13 2.10 2.47 2.12 2.10 2.10 2.29
Depreciation 0.24 0.30 0.35 0.32 0.31 0.31 0.36 0.40 0.41 0.43 0.41 0.40 0.36
Profit before tax 1.53 0.97 0.93 0.81 0.18 1.16 1.21 0.91 0.42 0.46 0.20 0.26 -1.69
Tax % 37.25% 34.02% 34.41% 34.57% 38.89% 26.72% 23.97% 19.78% -4.76% -6.52% -15.00% 15.38%
0.95 0.64 0.61 0.54 0.12 0.85 0.92 0.73 0.45 0.49 0.23 0.22 -1.51
EPS in Rs 2.21 1.49 1.42 1.26 0.28 1.98 2.14 1.70 1.05 1.14 0.53 0.51 -3.51
Dividend Payout % 0.00% 67.19% 70.49% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -2%
5 Years: -15%
3 Years: -15%
TTM: -23%
Compounded Profit Growth
10 Years: -11%
5 Years: -26%
3 Years: -24%
TTM: -1107%
Stock Price CAGR
10 Years: 11%
5 Years: 4%
3 Years: 21%
1 Year: -31%
Return on Equity
10 Years: 6%
5 Years: 4%
3 Years: 2%
Last Year: 2%

Balance Sheet

Figures in Rs. Crores

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 4.30 4.30 4.30 4.30 4.30 4.30 4.30 4.30 4.30 4.30 4.30 4.30 4.30
Reserves 2.87 3.00 3.12 3.48 3.60 4.00 4.52 5.12 5.55 5.88 6.15 6.31 4.41
10.14 11.95 14.22 16.00 16.04 18.46 18.55 22.08 22.98 21.37 21.23 19.47 16.38
9.10 7.93 10.53 11.92 5.63 15.24 30.31 41.46 34.87 13.91 6.78 9.95 13.39
Total Liabilities 26.41 27.18 32.17 35.70 29.57 42.00 57.68 72.96 67.70 45.46 38.46 40.03 38.48
2.27 3.83 4.21 3.68 3.50 3.25 4.10 4.18 4.67 3.43 3.13 2.75 2.60
CWIP 0.68 0.00 0.00 0.00 0.00 0.00 0.09 0.45 0.00 0.00 0.00 0.00 0.00
Investments 0.32 0.32 0.32 0.32 0.32 0.24 0.25 0.12 0.11 0.16 0.17 0.07 0.09
23.14 23.03 27.64 31.70 25.75 38.51 53.24 68.21 62.92 41.87 35.16 37.21 35.79
Total Assets 26.41 27.18 32.17 35.70 29.57 42.00 57.68 72.96 67.70 45.46 38.46 40.03 38.48

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-1.21 -1.78 -1.71 -2.13 -0.34 1.53 0.76 1.95 1.49 -0.71 3.41 1.42
-0.83 -0.65 -0.71 0.32 0.60 0.16 0.24 0.26 -0.39 1.06 0.05 0.21
2.41 2.38 2.43 1.79 -0.48 -1.76 -1.02 -2.19 -1.10 -0.40 -3.45 -1.70
Net Cash Flow 0.37 -0.05 0.01 -0.02 -0.23 -0.06 -0.01 0.02 -0.01 -0.05 0.01 -0.07

Ratios

Figures in Rs. Crores

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 171.96 157.25 209.73 155.83 247.97 212.84 234.37 306.89 360.30 182.87 317.01 275.66
Inventory Days 207.62 133.97 167.93 159.73 260.64 133.35 115.59 128.58 182.77 172.49 342.41 314.83
Days Payable 135.18 76.58 99.24 113.43 86.08 135.72 176.25 283.01 338.07 110.32 41.10 122.87
Cash Conversion Cycle 244.40 214.64 278.42 202.12 422.53 210.47 173.71 152.46 205.00 245.04 618.32 467.62
Working Capital Days 191.76 174.28 211.60 173.04 340.19 192.81 140.42 165.18 226.08 213.39 452.62 377.55
ROCE % 15.49% 13.89% 13.06% 12.02% 7.75% 11.16% 12.34% 10.16% 8.98% 6.96% 7.28% 7.55%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
40.40% 40.40% 40.40% 40.40% 40.40% 40.40% 40.40% 40.40% 40.40% 40.40% 40.40% 40.40%
0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.63% 4.63% 4.63% 4.63% 4.63%
59.41% 59.41% 59.41% 59.41% 59.41% 59.40% 59.41% 54.79% 54.78% 54.79% 54.79% 54.79%
No. of Shareholders 6,9706,9737,0807,0977,0697,0927,0327,0937,0997,0667,0287,031

* 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.

Click on the line-items to see the names of individual entities.

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