Sunshield Chemicals Ltd

Sunshield Chemicals Ltd

₹ 773 -1.87%
19 Apr - close price
About

Sunshield Chemicals Ltd is engaged in the manufacture and sale of Speciality Chemicals in the domestic and international markets. [1]

Key Points

Product
The product portfolio of the co includes Amines, Antioxidants, and Stabilizers, Barium and Strontium Derivatives, Calcium and Magnesium Derivatives, Composites, Flavors and Fragrances, Fluorine Derivatives, Lithium Derivatives, etc. [1]

  • Market Cap 568 Cr.
  • Current Price 773
  • High / Low 1,048 / 521
  • Stock P/E 35.1
  • Book Value 98.4
  • Dividend Yield 0.26 %
  • ROCE 19.3 %
  • ROE 22.8 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 62.6% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 36.1%

Cons

  • Stock is trading at 7.86 times its book value
  • The company has delivered a poor sales growth of 5.95% over past five years.

* 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

Loading peers table ...

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
53.97 51.70 60.62 58.66 57.99 66.74 62.69 64.37 51.24 66.46 66.68 65.98 65.19
45.36 44.32 53.34 49.71 49.85 59.88 54.22 53.60 46.65 59.14 58.01 57.05 54.52
Operating Profit 8.61 7.38 7.28 8.95 8.14 6.86 8.47 10.77 4.59 7.32 8.67 8.93 10.67
OPM % 15.95% 14.27% 12.01% 15.26% 14.04% 10.28% 13.51% 16.73% 8.96% 11.01% 13.00% 13.53% 16.37%
0.08 0.14 17.87 0.14 0.01 0.51 0.18 0.28 0.61 0.75 0.48 0.27 0.38
Interest 1.79 1.42 1.17 1.11 1.12 1.38 2.10 1.53 1.88 1.93 1.91 1.88 1.90
Depreciation 1.46 1.42 1.44 1.43 1.43 1.51 1.52 1.72 1.57 1.64 1.83 1.85 1.86
Profit before tax 5.44 4.68 22.54 6.55 5.60 4.48 5.03 7.80 1.75 4.50 5.41 5.47 7.29
Tax % 27.57% 29.49% 27.60% 30.08% 32.32% 37.72% 24.06% 29.62% 42.86% 25.56% 29.02% 29.07% 29.63%
3.94 3.30 16.32 4.58 3.79 2.79 3.82 5.49 1.00 3.35 3.84 3.88 5.13
EPS in Rs 5.36 4.49 22.19 6.23 5.15 3.79 5.20 7.47 1.36 4.56 5.22 5.28 6.98
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
94 105 134 119 150 166 183 190 181 199 244 245 264
87 97 122 117 140 157 168 173 164 169 213 214 229
Operating Profit 8 8 11 2 10 9 16 16 17 30 31 31 36
OPM % 8% 8% 8% 2% 7% 5% 8% 9% 9% 15% 13% 13% 13%
1 0 -0 1 3 -2 2 1 0 0 19 2 2
Interest 6 5 4 3 11 9 10 11 10 7 5 7 8
Depreciation 2 2 2 3 5 6 6 6 6 6 6 6 7
Profit before tax 1 1 5 -4 -3 -8 2 0 1 17 39 19 23
Tax % -17% 18% 107% 19% 75% 16% 20% 0% 46% 15% 30% 28%
1 1 -0 -3 -1 -7 1 0 1 14 27 14 16
EPS in Rs 1.32 1.14 -0.54 -4.32 -1.16 -9.07 1.63 0.30 0.87 19.28 37.37 18.58 22.04
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 5% 11%
Compounded Sales Growth
10 Years: 9%
5 Years: 6%
3 Years: 11%
TTM: 8%
Compounded Profit Growth
10 Years: 32%
5 Years: 63%
3 Years: 125%
TTM: 24%
Stock Price CAGR
10 Years: 15%
5 Years: 39%
3 Years: 46%
1 Year: 27%
Return on Equity
10 Years: 17%
5 Years: 33%
3 Years: 36%
Last Year: 23%

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 7 7 7 7 7 7 7 7 7 7 7 7 7
Reserves 13 14 14 10 9 2 4 4 4 19 46 59 65
42 44 56 75 101 100 110 106 109 88 79 77 79
15 16 23 39 33 31 36 31 26 24 41 34 44
Total Liabilities 78 81 100 131 151 141 157 148 147 138 173 177 196
36 36 34 31 79 74 71 69 71 66 71 79 76
CWIP 0 0 3 48 2 3 3 3 0 1 7 1 14
Investments 4 4 0 0 0 0 0 0 0 0 0 0 0
37 41 63 53 70 64 83 76 76 71 95 97 105
Total Assets 78 81 100 131 151 141 157 148 147 138 173 177 196

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
9 15 -7 13 1 12 2 15 19 35 33 14
-7 -1 -3 -31 -17 -3 -4 -2 -7 -4 -17 -9
-2 -14 12 15 18 -8 3 -30 -24 -7 -9 -11
Net Cash Flow 0 -0 2 -3 2 1 1 -18 -11 23 7 -5

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 74 76 90 36 62 60 59 51 57 53 62 60
Inventory Days 56 57 52 86 100 76 91 81 92 79 66 83
Days Payable 69 66 55 70 91 71 70 60 72 63 74 54
Cash Conversion Cycle 61 67 87 52 72 65 80 72 77 69 53 89
Working Capital Days 56 28 103 30 80 34 84 38 93 72 73 96
ROCE % 11% 10% 13% -1% 7% 3% 10% 11% 10% 20% 21% 19%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
62.36% 62.36% 62.36% 62.36% 62.36% 62.36% 62.36% 62.36% 62.36% 62.36% 62.36% 62.36%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.32% 1.67% 3.50% 5.01% 5.01% 5.01%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
37.63% 37.63% 37.63% 37.63% 37.63% 37.62% 37.31% 35.95% 34.14% 32.61% 32.61% 32.62%
No. of Shareholders 4,2015,3894,9555,0705,3215,1955,0124,7624,5754,6084,6934,617

* 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.

Documents