India Gelatine & Chemicals Ltd

India Gelatine Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

India Gelatine & Chemicals Ltd

₹ 431 2.29%
26 Apr - close price
indiagelatine.com BSE: 531253
About

Incorporated in 1973, India Gelatine & Chemicals Ltd is engaged in manufacturing and export of Ossein, Di-Calcium Phosphate (DCP)& Gelatine.

Key Points

Product Portfolio:[1]
a) Edible Gelatine: Being odorless & tasteless, Company's Gelatine can be mixed in any foodstuff.
b) Photographic Gelatine: This kind of gelatine has an ability to form a solution when heated and then come back to jelly form when cooled and to remain durable after water has been removed making it very useful for photographic industry.
c) Technical Gelatine: It is a good clarifying agent used in metal electrolysis. Gelatine strengthens nails and promotes hair growth therefore it is used in cosmetic industry. Also, match box industry utilizes its thickening & foaming properties to make match heads.
d) Pharmaceutical Gelatine: It is ideal for manufacture of hard & soft shell gelatine capsules. It is also used to treat wounds & as life saving blood plasma substitute.

Website BSE
  • Market Cap ₹ 306 Cr.
  • Current Price ₹ 431
  • High / Low ₹ 514 / 236
  • Stock P/E 9.35
  • Book Value ₹ 214
  • Dividend Yield 2.32 %
  • ROCE 24.4 %
  • ROE 18.5 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 59.4% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 22.3%

Cons

  • Company has a low return on equity of 9.86% over last 3 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

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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
42.31 35.51 30.37 33.33 43.77 52.37 44.92 47.33 56.39 56.55 58.04 48.73 47.85
39.36 34.30 29.78 33.10 42.07 47.55 40.45 41.62 46.11 43.59 45.64 41.15 40.27
Operating Profit 2.95 1.21 0.59 0.23 1.70 4.82 4.47 5.71 10.28 12.96 12.40 7.58 7.58
OPM % 6.97% 3.41% 1.94% 0.69% 3.88% 9.20% 9.95% 12.06% 18.23% 22.92% 21.36% 15.56% 15.84%
1.33 1.21 1.09 1.10 0.93 0.68 0.53 0.53 1.19 0.90 2.14 1.91 2.54
Interest 0.02 0.03 0.02 0.02 0.02 0.14 0.05 0.07 0.26 0.27 0.12 0.20 0.13
Depreciation 0.92 0.93 0.86 0.86 0.95 0.92 0.92 0.93 1.03 0.97 1.17 1.19 1.18
Profit before tax 3.34 1.46 0.80 0.45 1.66 4.44 4.03 5.24 10.18 12.62 13.25 8.10 8.81
Tax % 26.65% 14.38% 5.00% -22.22% 35.54% 27.25% 28.54% 22.71% 24.66% 26.23% 24.30% 31.85% 11.46%
2.45 1.26 0.76 0.54 1.07 3.23 2.88 4.04 7.67 9.31 10.04 5.52 7.81
EPS in Rs 3.45 1.78 1.07 0.76 1.51 4.55 4.06 5.70 10.81 13.13 14.16 7.78 11.01
Raw PDF
Upcoming result date: 30 April 2024

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
103 116 120 115 93 74 98 112 132 144 160 205 211
92 97 105 109 89 74 96 107 124 135 152 172 171
Operating Profit 11 19 15 6 4 1 2 5 7 9 8 33 41
OPM % 10% 16% 13% 5% 5% 1% 2% 5% 6% 6% 5% 16% 19%
4 3 3 7 5 6 4 4 3 4 4 3 7
Interest 0 0 0 0 0 0 0 0 0 0 0 1 1
Depreciation 4 5 5 5 5 3 3 3 3 4 4 4 5
Profit before tax 10 17 12 7 5 3 3 6 6 9 7 32 43
Tax % 27% 33% 35% 14% 23% -5% 16% -1% 16% 23% 24% 25%
7 11 8 6 4 3 2 6 5 7 6 24 33
EPS in Rs 7.52 12.13 8.57 6.62 3.89 3.37 3.19 8.11 7.56 10.02 7.91 33.70 46.08
Dividend Payout % 33% 25% 21% 23% 23% 27% 63% 43% 20% 25% 32% 10%
Compounded Sales Growth
10 Years: 6%
5 Years: 16%
3 Years: 16%
TTM: 5%
Compounded Profit Growth
10 Years: 7%
5 Years: 59%
3 Years: 58%
TTM: 83%
Stock Price CAGR
10 Years: 20%
5 Years: 37%
3 Years: 67%
1 Year: 51%
Return on Equity
10 Years: 6%
5 Years: 8%
3 Years: 10%
Last Year: 19%

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 9 9 9 9 9 9 7 7 7 7 7 7 7
Reserves 91 99 105 109 112 115 92 95 97 103 108 129 145
0 0 0 0 0 0 0 0 0 0 0 10 9
36 41 34 35 35 17 17 14 19 17 22 33 32
Total Liabilities 137 150 148 154 157 141 115 116 124 127 136 180 193
45 52 49 47 45 44 42 42 43 40 41 60 63
CWIP 2 2 0 1 0 1 0 0 0 0 1 4 6
Investments 14 14 13 13 7 36 30 30 28 34 33 43 52
76 82 85 93 104 60 43 44 53 52 62 73 72
Total Assets 137 150 148 154 157 141 115 116 124 127 136 180 193

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 5 -1 17 4 -4 15 5 7 6 9 18
8 -10 2 3 8 -27 -19 -1 -3 -6 -8 -21
-2 -3 -3 -2 -2 -1 -1 -2 -3 -1 -2 7
Net Cash Flow 15 -7 -2 18 10 -32 -5 2 1 -1 -1 3

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 30 24 19 12 24 22 17 17 18 24 26 25
Inventory Days 130 186 208 198 187 365 209 180 178 129 130 176
Days Payable 42 38 29 19 22 54 48 23 52 25 36 60
Cash Conversion Cycle 118 173 198 191 189 333 178 175 144 127 120 140
Working Capital Days 73 107 149 111 139 206 112 102 90 95 95 70
ROCE % 8% 16% 11% 3% 2% 1% 2% 6% 7% 7% 6% 24%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
61.38% 61.38% 61.38% 61.38% 61.38% 61.38% 61.42% 61.43% 61.43% 61.43% 61.43% 61.43%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
38.61% 38.61% 38.61% 38.61% 38.61% 38.61% 38.56% 38.54% 38.56% 38.54% 38.56% 38.56%
No. of Shareholders 4,3344,8694,8434,7624,7655,0855,0375,0975,4995,7426,2337,150

* 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

Announcements

Annual reports