A-1 Acid Ltd

A-1 Acid Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

A-1 Acid Ltd

₹ 385 3.67%
01 Dec - close price
a1acid.com BSE: 542012
About

A-1 Acid Limited is engaged in the wholesale trading of Acid & Chemicals and is also in the transportation business. [1]

Key Points

Product Portfolio
The Co deals in a number of acids and chemicals manufactured by leading companies. It currently trades in Nitric Acid, Hydrochloric Acid, Sulphuric Acid, Methanol, Ethyl Acetate, Formic Acid, Calcium Carbonate, Technical grade Urea, Oleum, etc. [1]

Website BSE
  • Market Cap ₹ 443 Cr.
  • Current Price ₹ 385
  • High / Low ₹ 425 / 277
  • Stock P/E 316
  • Book Value ₹ 40.7
  • Dividend Yield 0.39 %
  • ROCE 9.79 %
  • ROE 7.63 %
  • Face Value ₹ 10.0
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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 9.46 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.6.52 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.

Peer comparison

Sector: Trading Industry: Trading

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023
49.71 62.41 84.79 113.44 93.84 86.11 79.03 71.62 58.97 47.20
49.17 60.79 81.36 111.14 91.32 85.10 77.95 71.99 59.18 47.31
Operating Profit 0.54 1.62 3.43 2.30 2.52 1.01 1.08 -0.37 -0.21 -0.11
OPM % 1.09% 2.60% 4.05% 2.03% 2.69% 1.17% 1.37% -0.52% -0.36% -0.23%
0.52 1.11 1.36 2.21 2.18 0.41 0.80 2.96 1.61 1.15
Interest 0.25 0.31 0.31 0.34 0.47 0.35 0.54 0.47 0.22 0.15
Depreciation 0.85 0.82 0.81 0.84 1.05 0.96 1.03 0.96 0.89 0.90
Profit before tax -0.04 1.60 3.67 3.33 3.18 0.11 0.31 1.16 0.29 -0.01
Tax % 25.00% 13.75% 28.61% 25.83% 26.42% 90.91% 41.94% 6.90% 37.93% -300.00%
-0.03 1.38 2.61 2.48 2.34 0.02 0.19 1.07 0.18 -0.04
EPS in Rs -0.03 1.20 2.27 2.16 2.03 0.02 0.17 0.93 0.16 -0.03
Raw PDF

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 85 106 100 141 116 145 310 331 257
93 82 99 104 143 112 141 301 326 256
Operating Profit 3 3 7 -4 -2 4 4 9 4 0
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 1.23
Dividend Payout % 0% 16% 0% 0% 0% 0% 0% 27% 48%
Compounded Sales Growth
10 Years: %
5 Years: 27%
3 Years: 42%
TTM: -32%
Compounded Profit Growth
10 Years: %
5 Years: 13%
3 Years: 5%
TTM: -81%
Stock Price CAGR
10 Years: %
5 Years: 48%
3 Years: 85%
1 Year: 27%
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%

Shareholding Pattern

Numbers in percentages

Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
70.00% 70.00% 70.00% 70.00% 70.00% 70.00% 70.00% 70.00% 70.00% 70.03% 70.03% 70.03%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.85% 2.85% 2.85% 2.85%
30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 27.14% 27.12% 27.11% 27.11%
No. of Shareholders 1831911922702663153279801,3391,9612,1062,085

* 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.

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Documents

Announcements

Annual reports

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