Bodal Chemicals Ltd
Bodal Chemicals Limited is one of India’s leading integrated Dyestuff companies and is the largest domestic manufacturer of Dye Intermediates. It offers a wide range of Dyestuffs, Dye Intermediates, Basic Chemicals, and its variants to diverse customers across India and the world. [1]
- Market Cap ₹ 1,006 Cr.
- Current Price ₹ 80.0
- High / Low ₹ 101 / 64.0
- Stock P/E 139
- Book Value ₹ 85.3
- Dividend Yield 0.13 %
- ROCE 5.08 %
- ROE 3.50 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 0.94 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 6.63% over past five years.
- Company has a low return on equity of 6.20% over last 3 years.
- Company might be capitalizing the interest cost
- Dividend payout has been low at 12.0% of profits 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: Dyes And Pigments
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
614 | 527 | 960 | 1,043 | 908 | 1,233 | 1,142 | 1,424 | 1,375 | 1,226 | 2,055 | 1,574 | 1,391 | |
610 | 508 | 770 | 859 | 758 | 1,007 | 946 | 1,187 | 1,237 | 1,140 | 1,835 | 1,441 | 1,294 | |
Operating Profit | 4 | 20 | 189 | 184 | 150 | 226 | 196 | 236 | 138 | 87 | 220 | 133 | 96 |
OPM % | 1% | 4% | 20% | 18% | 16% | 18% | 17% | 17% | 10% | 7% | 11% | 8% | 7% |
6 | 4 | -70 | 5 | 19 | 15 | 8 | 13 | 10 | 16 | -2 | 12 | 23 | |
Interest | 35 | 40 | 47 | 27 | 12 | 9 | 5 | 9 | 19 | 17 | 29 | 41 | 50 |
Depreciation | 16 | 16 | 25 | 22 | 26 | 29 | 12 | 21 | 28 | 30 | 47 | 53 | 58 |
Profit before tax | -41 | -33 | 47 | 139 | 131 | 204 | 186 | 219 | 101 | 55 | 142 | 51 | 11 |
Tax % | 27% | 30% | 35% | 34% | 34% | 35% | 33% | 35% | 15% | 28% | 31% | 25% | |
-30 | -23 | 30 | 92 | 86 | 133 | 122 | 141 | 86 | 40 | 99 | 38 | 7 | |
EPS in Rs | -2.73 | -2.12 | 2.76 | 8.41 | 7.88 | 12.18 | 10.03 | 11.72 | 7.12 | 3.43 | 8.51 | 3.03 | 0.58 |
Dividend Payout % | 0% | 0% | 0% | 0% | 8% | 7% | 8% | 7% | 11% | 23% | 9% | 3% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 7% |
3 Years: | 5% |
TTM: | -22% |
Compounded Profit Growth | |
---|---|
10 Years: | 14% |
5 Years: | -21% |
3 Years: | -24% |
TTM: | -89% |
Stock Price CAGR | |
---|---|
10 Years: | 8% |
5 Years: | -9% |
3 Years: | -5% |
1 Year: | 15% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 9% |
3 Years: | 6% |
Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 22 | 22 | 22 | 22 | 22 | 22 | 24 | 24 | 24 | 24 | 24 | 25 | 25 |
Reserves | 36 | 13 | 43 | 135 | 213 | 341 | 673 | 805 | 907 | 957 | 1,028 | 1,053 | 1,047 |
Preference Capital | 0 | 16 | 25 | 25 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | |
345 | 348 | 372 | 209 | 143 | 151 | 181 | 171 | 257 | 454 | 676 | 760 | 769 | |
172 | 90 | 156 | 169 | 132 | 193 | 194 | 290 | 267 | 314 | 385 | 283 | 337 | |
Total Liabilities | 575 | 473 | 593 | 534 | 510 | 707 | 1,072 | 1,290 | 1,455 | 1,749 | 2,113 | 2,120 | 2,178 |
279 | 265 | 168 | 190 | 192 | 222 | 437 | 609 | 656 | 804 | 817 | 967 | 938 | |
CWIP | 2 | 0 | 9 | 3 | 0 | 9 | 19 | 26 | 7 | 14 | 70 | 193 | 362 |
Investments | 0 | 1 | 1 | 2 | 2 | 17 | 17 | 6 | 3 | 6 | 0 | 0 | 0 |
294 | 207 | 415 | 339 | 316 | 459 | 599 | 650 | 789 | 924 | 1,227 | 960 | 878 | |
Total Assets | 575 | 473 | 593 | 534 | 510 | 707 | 1,072 | 1,290 | 1,455 | 1,749 | 2,113 | 2,120 | 2,178 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | 14 | 49 | 198 | 131 | 104 | 7 | 186 | 10 | -13 | -14 | 285 | |
-18 | -2 | -17 | -35 | -23 | -67 | -256 | -128 | -79 | -168 | -170 | -310 | |
18 | -13 | -32 | -162 | -109 | -23 | 236 | -51 | 76 | 178 | 181 | 33 | |
Net Cash Flow | 1 | -1 | 1 | 0 | -1 | 14 | -13 | 7 | 7 | -3 | -3 | 8 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 91 | 61 | 86 | 69 | 67 | 56 | 91 | 85 | 121 | 139 | 105 | 97 |
Inventory Days | 64 | 60 | 72 | 43 | 57 | 60 | 59 | 86 | 91 | 141 | 141 | 118 |
Days Payable | 95 | 67 | 66 | 62 | 67 | 73 | 79 | 91 | 87 | 102 | 81 | 76 |
Cash Conversion Cycle | 60 | 55 | 92 | 50 | 58 | 43 | 71 | 79 | 124 | 178 | 165 | 139 |
Working Capital Days | 58 | 72 | 89 | 66 | 75 | 63 | 115 | 90 | 133 | 176 | 137 | 141 |
ROCE % | -3% | 2% | 39% | 39% | 35% | 46% | 27% | 24% | 11% | 5% | 12% | 5% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 15h
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Announcement under Regulation 30 (LODR)-Meeting Updates
22 Apr - Chemicals Ltd herewith submit outcome of Committee meeting held on 22nd April 2024
- Shareholder Meeting / Postal Ballot-Outcome of EGM 16 Apr
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Compliances - PCS Certificate For Transfer / Transmission / Transportation
9 Apr - Chemicals Ltd herewith submit PCS certificate for Transfer/ Transmission / Transposition for March 2024
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Apr - Bodal Chemicals Limited herewith submit Certificate under Reg 74(5) of SEBI (DP) Regulations
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2019
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Concalls
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Market Share
India: 20% in Dye Intermediates and 13% in Dyestuffs
Global: 6% in Dye Intermediates and 3% in Dyestuffs. [1]