Standard Surfactants Ltd

Standard Surfactants Ltd

₹ 61.5 2.55%
30 Apr - close price
About

Incorporated in 1989, Standard Surfactants Ltd does manufacturing of Surface Active Agents and is a Consignment Stockiest of Indian Oil Corporation Limited

Key Points

Product Profile:[1][2]
Company is into manufacturing of Detergents and Surfactants and trading of high density Polyethylene, Linear Low Density Polyethylene (LDP), Polypropylene (PP), Paraffin wax and other petroleum products
a) LABSA 96%
b) Agdet 4060
c) Agdet 4061
d) Agdet 6041

  • Market Cap 50.8 Cr.
  • Current Price 61.5
  • High / Low 92.4 / 51.0
  • Stock P/E 33.4
  • Book Value 32.7
  • Dividend Yield 0.00 %
  • ROCE 7.31 %
  • ROE 7.12 %
  • Face Value 10.0

Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 10.8% over last 3 years.
  • 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: FMCG Industry: Detergents / Intermediates

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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
26.84 23.77 33.15 32.48 29.01 29.91 43.04 41.95 33.78 33.65 29.52 31.70 32.41
26.30 23.12 31.24 31.60 28.40 29.33 41.86 41.25 33.47 32.83 28.70 30.35 32.06
Operating Profit 0.54 0.65 1.91 0.88 0.61 0.58 1.18 0.70 0.31 0.82 0.82 1.35 0.35
OPM % 2.01% 2.73% 5.76% 2.71% 2.10% 1.94% 2.74% 1.67% 0.92% 2.44% 2.78% 4.26% 1.08%
0.96 -0.06 0.09 0.09 0.24 0.18 0.16 0.21 0.17 0.17 0.10 0.07 0.11
Interest 0.68 -0.08 0.35 -0.03 0.19 0.44 0.31 0.30 0.17 0.42 0.39 0.91 -0.09
Depreciation 0.10 0.10 0.10 0.11 0.11 0.11 0.11 0.11 0.11 0.11 0.09 0.09 0.10
Profit before tax 0.72 0.57 1.55 0.89 0.55 0.21 0.92 0.50 0.20 0.46 0.44 0.42 0.45
Tax % 50.00% 10.53% 26.45% 21.35% 25.45% 4.76% 29.35% 14.00% 30.00% 30.43% -2.27% 30.95% -2.22%
0.36 0.50 1.14 0.70 0.42 0.20 0.66 0.44 0.14 0.32 0.45 0.29 0.46
EPS in Rs 0.50 0.70 1.59 0.98 0.59 0.28 0.92 0.62 0.20 0.42 0.54 0.35 0.56
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
45 52 52 53 44 55 87 117 83 92 125 152 127
42 49 49 50 42 52 84 114 81 88 121 149 124
Operating Profit 2 3 3 3 2 2 2 3 2 4 4 3 3
OPM % 6% 5% 5% 6% 5% 4% 3% 2% 2% 4% 3% 2% 3%
0 0 0 0 1 1 0 0 0 0 1 1 0
Interest 2 2 2 2 2 2 1 1 1 1 1 1 2
Depreciation 1 1 1 1 1 0 0 0 0 0 0 0 0
Profit before tax 0 0 1 1 1 1 1 1 1 3 3 2 2
Tax % -18% 18% 29% 33% 33% 34% 3% 32% -5% 30% 23% 25%
0 0 0 0 0 0 1 1 1 2 2 2 2
EPS in Rs 0.36 0.43 0.57 0.64 0.60 0.60 1.34 1.16 1.26 3.04 3.44 2.04 1.87
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 11%
5 Years: 12%
3 Years: 23%
TTM: -14%
Compounded Profit Growth
10 Years: 17%
5 Years: 10%
3 Years: 27%
TTM: 6%
Stock Price CAGR
10 Years: %
5 Years: 26%
3 Years: 27%
1 Year: -11%
Return on Equity
10 Years: 7%
5 Years: 9%
3 Years: 11%
Last Year: 7%

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 7 7 7 7 7 7 7 7 7 7 7 8 8
Reserves 7 7 8 5 5 6 7 7 8 10 13 16 19
12 12 10 8 10 15 17 18 19 22 21 26 30
4 4 5 8 6 4 8 9 7 8 11 14 11
Total Liabilities 30 30 29 28 29 32 38 41 41 47 51 64 68
11 11 11 8 8 7 7 7 7 6 7 7 6
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 2
Investments 0 0 1 1 1 1 1 1 0 0 0 0 0
19 18 18 19 20 24 31 33 35 41 45 57 60
Total Assets 30 30 29 28 29 32 38 41 41 47 51 64 68

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 2 4 5 3 -0 -1 2 4 -4 1 0
-1 -1 -1 -0 0 1 0 -0 -6 2 -0 -4
-3 -1 -3 -4 -3 -1 1 -0 1 1 -2 6
Net Cash Flow 0 -0 -0 1 0 -0 0 2 -2 -0 -1 1

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 82 72 66 67 78 95 87 66 75 77 71 66
Inventory Days 39 35 28 22 35 19 21 17 17 37 25 21
Days Payable 18 13 16 16 27 4 25 23 22 18 24 27
Cash Conversion Cycle 103 94 77 73 86 110 83 61 70 96 72 60
Working Capital Days 104 96 85 70 110 118 87 67 85 101 85 72
ROCE % 8% 8% 9% 11% 10% 9% 8% 8% 5% 11% 10% 7%

Shareholding Pattern

Numbers in percentages

6 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
57.26% 57.26% 57.26% 57.26% 57.26% 57.26% 57.26% 60.14% 63.02% 63.02% 63.02% 62.89%
0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.11% 0.11% 0.11% 0.11% 0.11%
42.62% 42.62% 42.62% 42.62% 42.62% 42.61% 42.62% 39.74% 36.88% 36.87% 36.87% 37.01%
No. of Shareholders 14,54915,57115,52215,43215,36715,29615,18115,10415,03014,95614,79414,681

* 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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