A-1 Acid Ltd

A-1 Acid Ltd

₹ 343 -0.54%
16 Jul - close price
About

Incorporated in 2004, A-1 Acid Ltd
is in the wholesale trading of Acid
& Chemicals and also in transportation business[1]

Key Points

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

  • Market Cap 394 Cr.
  • Current Price 343
  • High / Low 440 / 313
  • Stock P/E 359
  • Book Value 41.5
  • Dividend Yield 0.44 %
  • ROCE 4.71 %
  • ROE 2.29 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company has been maintaining a healthy dividend payout of 77.3%

Cons

  • Stock is trading at 8.26 times its book value
  • Company has a low return on equity of 7.95% over last 3 years.
  • Earnings include an other income of Rs.6.36 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

Sector: Trading Industry: Trading

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
49.71 62.41 84.79 113.44 93.84 86.11 79.03 71.62 58.97 47.20 39.55 60.43
49.17 60.75 81.36 111.14 91.32 85.09 77.95 71.93 59.09 47.20 39.64 60.15
Operating Profit 0.54 1.66 3.43 2.30 2.52 1.02 1.08 -0.31 -0.12 0.00 -0.09 0.28
OPM % 1.09% 2.66% 4.05% 2.03% 2.69% 1.18% 1.37% -0.43% -0.20% 0.00% -0.23% 0.46%
0.52 1.11 1.36 2.01 2.11 0.47 0.81 2.96 1.61 1.15 1.73 1.88
Interest 0.25 0.31 0.31 0.34 0.47 0.35 0.54 0.47 0.22 0.15 0.13 0.25
Depreciation 0.85 0.82 0.81 0.84 1.05 0.96 1.03 0.96 0.89 0.90 0.90 0.90
Profit before tax -0.04 1.64 3.67 3.13 3.11 0.18 0.32 1.22 0.38 0.10 0.61 1.01
Tax % 25.00% 13.41% 28.61% 27.48% 27.01% 55.56% 40.62% 6.56% 28.95% 30.00% 52.46% 15.84%
-0.03 1.38 2.61 2.48 2.34 0.02 0.19 1.07 0.18 -0.04 0.21 0.75
EPS in Rs -0.03 1.20 2.27 2.16 2.03 0.02 0.17 0.93 0.16 -0.03 0.18 0.65
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
145 310 331 206
141 301 326 206
Operating Profit 4 9 4 0
OPM % 3% 3% 1% 0%
4 4 6 6
Interest 1 1 2 1
Depreciation 3 3 4 4
Profit before tax 4 9 5 2
Tax % 34% 25% 24% 30%
3 6 4 1
EPS in Rs 2.37 5.49 3.14 0.96
Dividend Payout % 0% 27% 48% 157%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 12%
TTM: -38%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -26%
TTM: -69%
Stock Price CAGR
10 Years: %
5 Years: 45%
3 Years: 36%
1 Year: -3%
Return on Equity
10 Years: %
5 Years: %
3 Years: 8%
Last Year: 2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 10 12 12 12
Reserves 30 35 37 36
17 26 14 11
4 7 5 5
Total Liabilities 61 80 68 64
14 17 16 13
CWIP 0 0 0 0
Investments 0 2 3 5
47 60 48 45
Total Assets 61 80 68 64

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
-4 -0 19 11
-6 -9 -4 -3
9 9 -15 -6
Net Cash Flow -0 -0 -0 2

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 91 54 42 55
Inventory Days 6 3 2 4
Days Payable 4 4 1 6
Cash Conversion Cycle 93 54 43 53
Working Capital Days 101 57 42 57
ROCE % 15% 10% 5%

Shareholding Pattern

Numbers in percentages

Sep 2020Mar 2021Sep 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
70.00% 70.00% 70.00% 70.00% 70.00% 70.00% 70.00% 70.03% 70.03% 70.03% 70.03% 70.03%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 2.85% 2.85% 2.85% 2.85% 2.90% 2.90%
30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 27.14% 27.12% 27.11% 27.11% 27.06% 27.07%
No. of Shareholders 1922702663153279801,3391,9612,1062,0852,0712,028

* 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.

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