Dynamic Industries Ltd

Dynamic Industries Ltd

₹ 72.9 3.32%
19 Apr 10:53 a.m.
About

Incorporated in 1989, Dynamic Industries Ltd is engaged in manufacturing, trading and exporting of Dyes, Chemicals and Pigments.

Key Points

Product Profile:[1]
a) Acid Dyes: Available in colors like Red, Violet, Brown, Black, Blue, Yellow, Green, Orange, etc.
b) Direct Dyes: Available in colors like Red, Violet, Black, Blue

  • Market Cap 22.1 Cr.
  • Current Price 72.9
  • High / Low 84.0 / 52.0
  • Stock P/E
  • Book Value 154
  • Dividend Yield 1.38 %
  • ROCE 3.27 %
  • ROE 2.26 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.46 times its book value
  • Company has been maintaining a healthy dividend payout of 41.9%
  • Debtor days have improved from 97.8 to 75.4 days.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -4.82% over past five years.
  • Company has a low return on equity of 2.02% over last 3 years.
  • Promoter holding has decreased over last 3 years: -3.85%

* 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: Dyes And Pigments

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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
8.32 12.84 11.61 13.85 15.28 13.04 14.14 12.07 11.44 7.99 7.37 8.98 8.85
7.97 12.16 11.27 13.14 14.31 12.70 13.85 11.61 11.08 7.58 7.36 8.87 8.67
Operating Profit 0.35 0.68 0.34 0.71 0.97 0.34 0.29 0.46 0.36 0.41 0.01 0.11 0.18
OPM % 4.21% 5.30% 2.93% 5.13% 6.35% 2.61% 2.05% 3.81% 3.15% 5.13% 0.14% 1.22% 2.03%
0.09 0.24 0.12 0.02 0.19 0.44 0.84 0.29 0.29 -0.33 0.07 0.07 0.03
Interest 0.06 0.08 0.05 0.06 0.05 0.09 0.02 0.05 0.05 0.03 0.05 0.06 0.05
Depreciation 0.20 0.38 0.24 0.25 0.25 0.23 0.24 0.22 0.22 0.22 0.27 0.29 0.28
Profit before tax 0.18 0.46 0.17 0.42 0.86 0.46 0.87 0.48 0.38 -0.17 -0.24 -0.17 -0.12
Tax % 77.78% -2.17% -11.76% 40.48% 32.56% 17.39% 13.79% 25.00% 36.84% -23.53% 25.00% 11.76% 58.33%
0.03 0.48 0.19 0.26 0.59 0.38 0.76 0.35 0.24 -0.21 -0.18 -0.15 -0.06
EPS in Rs 0.10 1.58 0.63 0.86 1.95 1.25 2.51 1.16 0.79 -0.69 -0.59 -0.50 -0.20
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
41.08 42.89 101.95 67.64 35.96 46.27 58.43 65.29 56.29 35.19 53.77 45.63 33.19
37.56 40.12 93.84 60.87 33.10 42.53 53.02 58.71 54.01 33.91 51.38 43.97 32.48
Operating Profit 3.52 2.77 8.11 6.77 2.86 3.74 5.41 6.58 2.28 1.28 2.39 1.66 0.71
OPM % 8.57% 6.46% 7.95% 10.01% 7.95% 8.08% 9.26% 10.08% 4.05% 3.64% 4.44% 3.64% 2.14%
0.73 0.77 0.13 -0.05 0.55 0.15 0.53 0.90 0.67 0.50 0.77 0.98 -0.16
Interest 1.80 1.56 1.77 1.79 0.47 0.48 0.66 0.74 0.42 0.32 0.28 0.18 0.19
Depreciation 0.64 0.65 0.69 0.99 0.88 0.86 1.00 1.08 1.02 1.01 0.97 0.90 1.06
Profit before tax 1.81 1.33 5.78 3.94 2.06 2.55 4.28 5.66 1.51 0.45 1.91 1.56 -0.70
Tax % 25.41% 36.09% 30.97% 42.89% 37.86% 30.59% 29.91% 28.09% 32.45% 11.11% 26.18% 26.92%
1.35 0.85 4.00 2.25 1.28 1.77 3.00 4.07 1.01 0.39 1.41 1.14 -0.60
EPS in Rs 4.46 2.81 13.21 7.43 4.23 5.84 9.91 13.44 3.33 1.29 4.66 3.76 -1.98
Dividend Payout % 0.00% 0.00% 7.58% 13.47% 23.67% 17.12% 15.15% 11.17% 45.00% 77.69% 21.49% 26.58%
Compounded Sales Growth
10 Years: 1%
5 Years: -5%
3 Years: -7%
TTM: -35%
Compounded Profit Growth
10 Years: 2%
5 Years: -19%
3 Years: 2%
TTM: -135%
Stock Price CAGR
10 Years: 15%
5 Years: -2%
3 Years: 15%
1 Year: 17%
Return on Equity
10 Years: 5%
5 Years: 3%
3 Years: 2%
Last Year: 2%

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 3.03 3.03 3.03 3.03 3.03 3.03 3.03 3.03 3.03 3.03 3.03 3.03 3.03
Reserves 27.08 27.76 31.23 32.95 33.86 35.62 38.28 41.80 42.25 42.22 43.41 44.24 43.61
12.28 14.94 15.50 6.62 2.44 4.58 10.20 3.32 2.69 2.57 3.54 2.44 8.32
7.87 15.80 36.94 7.39 8.67 7.82 11.51 8.04 7.67 6.21 12.32 8.28 11.16
Total Liabilities 50.26 61.53 86.70 49.99 48.00 51.05 63.02 56.19 55.64 54.03 62.30 57.99 66.12
24.77 24.43 24.89 23.70 22.88 22.15 24.40 23.42 22.72 21.88 21.40 26.11 27.08
CWIP 0.00 0.00 0.03 0.00 0.00 0.31 0.00 0.00 0.00 0.05 0.81 2.15 7.35
Investments 0.00 0.05 0.05 0.05 0.05 0.65 1.21 1.10 3.32 4.65 3.14 2.73 2.37
25.49 37.05 61.73 26.24 25.07 27.94 37.41 31.67 29.60 27.45 36.95 27.00 29.32
Total Assets 50.26 61.53 86.70 49.99 48.00 51.05 63.02 56.19 55.64 54.03 62.30 57.99 66.12

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
4.88 -2.08 2.32 11.70 5.53 -2.38 -1.19 8.66 2.97 2.33 -0.73 8.02
-1.23 -0.31 -1.25 0.10 0.08 -0.98 -3.33 0.30 -2.36 -1.24 0.59 -6.21
-3.45 2.21 -0.74 -10.87 -4.91 1.46 4.41 -8.03 -1.52 -0.83 0.42 -1.54
Net Cash Flow 0.20 -0.18 0.33 0.92 0.69 -1.90 -0.11 0.93 -0.91 0.25 0.29 0.26

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 96.49 145.69 115.85 48.78 92.67 101.45 112.88 64.63 81.12 117.83 100.26 75.43
Inventory Days 109.49 176.56 104.92 88.26 137.69 139.89 131.45 135.28 116.10 180.93 142.50 118.97
Days Payable 76.00 172.34 147.69 34.37 87.97 68.92 86.91 51.38 52.52 61.13 96.52 74.34
Cash Conversion Cycle 129.98 149.91 73.09 102.67 142.39 172.42 157.41 148.52 144.70 237.63 146.24 120.06
Working Capital Days 138.87 171.90 83.13 95.51 147.89 157.30 160.98 126.18 141.23 218.96 147.85 139.98
ROCE % 9.62% 6.56% 15.90% 15.57% 8.79% 7.32% 10.45% 12.84% 4.00% 1.57% 4.31% 3.27%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
51.72% 47.87% 47.87% 47.87% 47.87% 47.87% 47.87% 47.87% 47.87% 47.87% 47.87% 47.87%
48.28% 52.13% 52.13% 52.13% 52.13% 52.13% 52.14% 52.12% 52.12% 52.13% 52.12% 52.13%
No. of Shareholders 3,1292,9852,9743,1813,1813,2193,2013,2013,1853,1063,1433,049

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