A-1 Acid Ltd
Incorporated in 2004, A-1 Acid Ltd
is in the wholesale trading of Acid
& Chemicals and also in transportation business[1]
- Market Cap ₹ 396 Cr.
- Current Price ₹ 344
- High / Low ₹ 440 / 295
- Stock P/E 279
- Book Value ₹ 40.7
- Dividend Yield 0.44 %
- ROCE 9.79 %
- ROE 7.63 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has been maintaining a healthy dividend payout of 25.0%
- Debtor days have improved from 62.6 to 42.1 days.
- Company's working capital requirements have reduced from 66.6 days to 41.6 days
Cons
- Stock is trading at 8.45 times its book value
- Company has a low return on equity of 9.82% over last 3 years.
- Earnings include an other income of Rs.7.45 Cr.
- Company's cost of borrowing seems high
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
97 | 85 | 106 | 100 | 141 | 116 | 145 | 310 | 331 | 217 | |
93 | 82 | 99 | 104 | 143 | 112 | 141 | 301 | 326 | 218 | |
Operating Profit | 3 | 3 | 7 | -4 | -2 | 4 | 4 | 9 | 4 | -1 |
OPM % | 4% | 4% | 6% | -4% | -2% | 3% | 3% | 3% | 1% | -0% |
0 | 0 | 0 | 11 | 9 | 4 | 4 | 4 | 6 | 7 | |
Interest | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 2 | 1 |
Depreciation | 2 | 1 | 1 | 2 | 0 | 3 | 3 | 3 | 4 | 4 |
Profit before tax | 0 | 1 | 4 | 4 | 6 | 4 | 4 | 8 | 5 | 2 |
Tax % | 25% | 26% | 33% | 49% | 25% | 24% | 34% | 26% | 24% | |
0 | 1 | 3 | 2 | 4 | 3 | 3 | 6 | 4 | 1 | |
EPS in Rs | 1.08 | 7.67 | 25.00 | 2.37 | 3.63 | 2.77 | 2.37 | 5.49 | 3.14 | 1.24 |
Dividend Payout % | 0% | 16% | 0% | 0% | 0% | 0% | 0% | 27% | 48% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 27% |
3 Years: | 42% |
TTM: | -42% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 5% |
TTM: | -72% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 46% |
3 Years: | 60% |
1 Year: | 3% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 10% |
Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1 | 1 | 1 | 7 | 10 | 10 | 10 | 12 | 12 | 12 |
Reserves | 7 | 7 | 10 | 7 | 25 | 27 | 30 | 35 | 37 | 35 |
13 | 12 | 19 | 16 | 15 | 6 | 17 | 26 | 14 | 6 | |
3 | 6 | 8 | 8 | 4 | 4 | 4 | 7 | 5 | 4 | |
Total Liabilities | 24 | 26 | 38 | 39 | 53 | 48 | 61 | 80 | 68 | 57 |
4 | 3 | 11 | 9 | 14 | 11 | 14 | 17 | 16 | 15 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 3 | 4 |
20 | 23 | 26 | 30 | 38 | 37 | 47 | 60 | 48 | 39 | |
Total Assets | 24 | 26 | 38 | 39 | 53 | 48 | 61 | 80 | 68 | 57 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|
3 | -6 | 8 | -4 | -0 | 19 | ||||
0 | -7 | -0 | -6 | -9 | -4 | ||||
-4 | 14 | -7 | 9 | 9 | -15 | ||||
Net Cash Flow | -1 | 0 | 0 | -0 | -0 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 69 | 87 | 76 | 89 | 70 | 78 | 91 | 54 | 42 |
Inventory Days | 3 | 7 | 2 | 4 | 2 | 4 | 6 | 3 | 2 |
Days Payable | 3 | 8 | 5 | 14 | 4 | 1 | 4 | 4 | 1 |
Cash Conversion Cycle | 70 | 86 | 73 | 80 | 68 | 81 | 93 | 54 | 43 |
Working Capital Days | 61 | 68 | 55 | 70 | 79 | 86 | 101 | 57 | 42 |
ROCE % | 13% | 23% | 18% | 17% | 11% | 9% | 15% | 10% |
Documents
Announcements
- Update Regarding Application Of Acquisition Of Plot Subject To Allocation 28 Feb
- Announcement under Regulation 30 (LODR)-Newspaper Publication 13 Feb
- Board Meeting Outcome for Outcome Of Board Meeting Of 12.02.2024 12 Feb
- Board Meeting Intimation for Quarterly Results, Appointment Of Secretarial Auditors 5 Feb
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 12 Jan
Product Profile:[1]
a) Nitric Acid
b) Sulphuric Acid
c) Hydrochloric Acid
d) Ethyl Acetate
e) Technical Grade Urea
d) Acetic Acid
e) Methanol
f) Calcium Carobonate
g) Methyl Formate
h) Formic Acid
i) Toluene Di - Isocyanate
j) Hydro Fluoro Sulphasilicic Acid
k) Nitro Benzene
l) Sodium Hypo Chlorite
m) Stable Bleaching Powder
n) Poly Aluminium Chloride
o) Oleum 23% & 65%
p) Formal Dehyde