Shivam Chemicals Ltd
Incorporated in 2012, Shivam Chemicals Ltd is in the business of wholesale sale of feed ingredients[1]
- Market Cap ₹ 84.9 Cr.
- Current Price ₹ 50.0
- High / Low ₹ 63.0 / 45.1
- Stock P/E 65.3
- Book Value ₹ 19.8
- Dividend Yield 0.00 %
- ROCE 9.25 %
- ROE 8.16 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 2.53 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.1.22 Cr.
- Debtor days have increased from 36.9 to 45.6 days.
* 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.
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|
| 157 | 147 | 177 | |
| 151 | 143 | 174 | |
| Operating Profit | 5 | 3 | 3 |
| OPM % | 3% | 2% | 2% |
| 0 | 1 | 1 | |
| Interest | 0 | 1 | 1 |
| Depreciation | 0 | 1 | 1 |
| Profit before tax | 5 | 2 | 2 |
| Tax % | 27% | 41% | |
| 4 | 1 | 1 | |
| EPS in Rs | 93.25 | 0.98 | 0.92 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
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| TTM: | -6% |
| Compounded Profit Growth | |
|---|---|
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| 5 Years: | % |
| 3 Years: | % |
| TTM: | -68% |
| Stock Price CAGR | |
|---|---|
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| Return on Equity | |
|---|---|
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| Last Year: | 8% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|
| Equity Capital | 0.40 | 12 | 17 |
| Reserves | 13 | 3 | 17 |
| 14 | 17 | 19 | |
| 4 | 9 | 4 | |
| Total Liabilities | 31 | 41 | 57 |
| 4 | 16 | 16 | |
| CWIP | 10 | 0 | 0 |
| Investments | 0 | 0 | 0 |
| 17 | 25 | 41 | |
| Total Assets | 31 | 41 | 57 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| 9 | 5 | |
| -14 | -2 | |
| 5 | -2 | |
| Net Cash Flow | 0 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| Debtor Days | 28 | 46 |
| Inventory Days | 0 | 1 |
| Days Payable | 21 | |
| Cash Conversion Cycle | 28 | 26 |
| Working Capital Days | 29 | 38 |
| ROCE % | 9% |
Documents
Announcements
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Updated Financial Result
8 Dec - Updated financial results for half year ended September 30, 2024.
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Compliances- Statement Of Deviation And Variation In The Use Of Proceeds Of The Initial Public Offering.
13 Nov - No deviation in IPO fund utilization reported.
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Financial Result For Half Year Ended September 2024
13 Nov - Board approved unaudited financial results for H1 2024.
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Board Meeting Outcome for Financial Result For Half Year September 2024
13 Nov - Approved unaudited financial results for H1 2024.
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Board Meeting Intimation for Approval Of Unaudited Financial Result Of The Company For The Half Year Ended On 30Th September, 2024.
5 Nov - Board meeting scheduled for financial results approval.
Business Overview:[1]
SCL manufactures Hydrated Lime (Calcium Hydroxide) and distributes various products like Poultry Feed Supplement (MBM), Di-Calcium Phosphate (Feed Grade), Magnesium Oxide, and Limestone Powder. With a marketing network across India, SCL distributes animal feed products for multiple manufacturers and has supplied over 2.50 lakh metric tons of various products valued at Rs. 750 Crs.