Standard Surfactants Ltd
Incorporated in 1989, Standard Surfactants Ltd does manufacturing of Surface Active Agents and is a Consignment Stockiest of Indian Oil Corporation Limited
- Market Cap ₹ 42.1 Cr.
- Current Price ₹ 51.0
- High / Low ₹ 69.0 / 38.0
- Stock P/E 108
- Book Value ₹ 20.0
- Dividend Yield 0.00 %
- ROCE 8.14 %
- ROE 6.12 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 82.8 to 66.0 days.
- Company's working capital requirements have reduced from 19.9 days to 12.1 days
Cons
- Stock is trading at 2.55 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 5.18% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.1.56 Cr.
* 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
Commodities Chemicals Chemicals & Petrochemicals Commodity Chemicals
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | TTM | |
|---|---|---|---|---|---|---|
| 52.95 | 43.81 | 54.59 | 86.97 | 117.23 | 93.37 | |
| 49.98 | 41.82 | 52.73 | 84.48 | 114.52 | 91.94 | |
| Operating Profit | 2.97 | 1.99 | 1.86 | 2.49 | 2.71 | 1.43 |
| OPM % | 5.61% | 4.54% | 3.41% | 2.86% | 2.31% | 1.53% |
| 0.17 | 0.79 | 0.67 | 0.19 | 0.27 | 1.56 | |
| Interest | 1.59 | 1.50 | 1.62 | 1.21 | 1.29 | 1.68 |
| Depreciation | 0.86 | 0.64 | 0.50 | 0.47 | 0.45 | 0.43 |
| Profit before tax | 0.69 | 0.64 | 0.41 | 1.00 | 1.24 | 0.88 |
| Tax % | 33.33% | 32.81% | 53.66% | 3.00% | 32.26% | |
| 0.47 | 0.44 | 0.19 | 0.97 | 0.83 | 0.77 | |
| EPS in Rs | 0.66 | 0.62 | 0.27 | 1.36 | 1.16 | 1.08 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 39% |
| TTM: | -22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 25% |
| TTM: | -73% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | -3% |
| 1 Year: | 16% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 5% |
| 3 Years: | 5% |
| Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|
| Equity Capital | 7.11 | 7.11 | 7.11 | 7.11 | 7.11 |
| Reserves | 5.02 | 5.46 | 5.40 | 6.36 | 7.19 |
| 7.95 | 10.19 | 15.05 | 17.00 | 17.88 | |
| 7.86 | 5.86 | 4.11 | 7.58 | 8.63 | |
| Total Liabilities | 27.94 | 28.62 | 31.67 | 38.05 | 40.81 |
| 8.43 | 7.55 | 6.92 | 6.71 | 6.65 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.67 | 0.67 | 0.43 | 0.43 | 0.72 |
| 18.84 | 20.40 | 24.32 | 30.91 | 33.44 | |
| Total Assets | 27.94 | 28.62 | 31.67 | 38.05 | 40.81 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|
| 4.56 | 3.21 | -0.02 | 0.00 | 0.00 | |
| -0.01 | 0.03 | 0.54 | 0.00 | 0.00 | |
| -3.73 | -3.06 | -0.77 | 0.00 | 0.00 | |
| Net Cash Flow | 0.82 | 0.18 | -0.25 | 0.00 | 0.00 |
| Free Cash Flow | 4.38 | 3.18 | -0.14 | 0.00 | 0.00 |
| CFO/OP | 166% | 173% | -5% | 0% | 0% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|
| Debtor Days | 47.01 | 78.23 | 95.35 | 87.08 | 66.01 |
| Inventory Days | 22.50 | 35.32 | 19.23 | 20.66 | 17.22 |
| Days Payable | 16.34 | 27.26 | 4.25 | 24.69 | 22.53 |
| Cash Conversion Cycle | 53.17 | 86.29 | 110.33 | 83.05 | 60.70 |
| Working Capital Days | 19.09 | 27.66 | 25.61 | 21.99 | 12.08 |
| ROCE % | 9.99% | 8.43% | 7.62% | 8.14% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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| Electricity Consumption Units ・Standalone data |
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| Number of Plants Number ・Standalone data |
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Documents
Announcements
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Announcement Under Regulation 30
1d - BSE approved 8,00,000 warrants convertible into equity at >=Rs.58 to promoters (in-principle approval March 30, 2026)
- Closure of Trading Window 1d
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Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
17 Mar - Approved preferential issuance of convertible warrants to promoters; e-voting ended 16 Mar 2026, 3,425 for, 20 against.
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Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
17 Mar - Special resolution passed to issue convertible warrants preferentially to promoter/promoter group; 3,425 for, 20 against (16 Mar 2026).
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 17 Mar
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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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