Chambal Fertilisers & Chemicals Ltd
Chambal Fertilisers & Chemicals Ltd is engaged in production of Urea from its own manufacturing plants. It also markets/ deals in other fertilisers and agri-inputs. It also has a Joint Venture for manufacture of Phospohric Acid in Morocco.
The company was also engaged in Software business, However, in FY21, it sold assets and transferred certain liabilities of the business to cease the operations of the software business.[1]
- Market Cap ₹ 11,685 Cr.
- Current Price ₹ 281
- High / Low ₹ 368 / 248
- Stock P/E 11.3
- Book Value ₹ 170
- Dividend Yield 2.67 %
- ROCE 16.4 %
- ROE 15.3 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 23.0%
- Debtor days have improved from 35.2 to 23.1 days.
Cons
- Promoters have pledged 26.3% of their holding.
* 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: Fertilizers Industry: Fertilizers
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
7,537 | 8,198 | 8,906 | 9,733 | 9,008 | 7,553 | 7,541 | 10,095 | 12,206 | 12,719 | 16,069 | 27,773 | |
6,707 | 7,512 | 8,229 | 8,996 | 8,354 | 6,795 | 6,730 | 8,894 | 10,281 | 10,249 | 13,804 | 25,953 | |
Operating Profit | 830 | 686 | 677 | 737 | 654 | 759 | 811 | 1,200 | 1,925 | 2,470 | 2,265 | 1,819 |
OPM % | 11% | 8% | 8% | 8% | 7% | 10% | 11% | 12% | 16% | 19% | 14% | 7% |
72 | 93 | 103 | 103 | 32 | 133 | 172 | -2 | 192 | 470 | 374 | 225 | |
Interest | 130 | 140 | 209 | 164 | 267 | 255 | 157 | 247 | 504 | 291 | 109 | 320 |
Depreciation | 308 | 267 | 282 | 216 | 111 | 92 | 85 | 119 | 287 | 289 | 300 | 308 |
Profit before tax | 464 | 372 | 289 | 459 | 308 | 544 | 740 | 832 | 1,327 | 2,360 | 2,231 | 1,416 |
Tax % | 72% | 43% | 19% | 39% | 52% | 34% | 33% | 30% | 8% | 26% | 30% | 27% |
Net Profit | 129 | 212 | 235 | 280 | 147 | 359 | 495 | 585 | 1,226 | 1,748 | 1,566 | 1,034 |
EPS in Rs | 3.80 | 5.73 | 5.87 | 7.08 | 5.31 | 8.70 | 11.99 | 14.18 | 29.46 | 39.76 | 37.62 | 24.85 |
Dividend Payout % | 50% | 33% | 32% | 27% | 36% | 22% | 16% | 14% | 14% | 19% | 20% | 30% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 30% |
3 Years: | 32% |
TTM: | 73% |
Compounded Profit Growth | |
---|---|
10 Years: | 18% |
5 Years: | 16% |
3 Years: | -3% |
TTM: | -34% |
Stock Price CAGR | |
---|---|
10 Years: | 20% |
5 Years: | 12% |
3 Years: | 28% |
1 Year: | -20% |
Return on Equity | |
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10 Years: | 21% |
5 Years: | 24% |
3 Years: | 23% |
Last Year: | 15% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
416 | 416 | 414 | 414 | 416 | 416 | 776 | 798 | 834 | 487 | 489 | 416 | |
Reserves | 1,285 | 1,436 | 1,642 | 1,837 | 1,451 | 1,707 | 2,089 | 2,467 | 3,123 | 4,833 | 5,983 | 6,652 |
3,672 | 5,241 | 4,684 | 4,089 | 5,317 | 4,619 | 5,720 | 8,664 | 9,696 | 3,866 | 4,264 | 3,358 | |
1,420 | 1,598 | 1,301 | 1,298 | 939 | 1,315 | 1,237 | 2,378 | 1,298 | 1,132 | 2,626 | 2,344 | |
Total Liabilities | 6,793 | 8,692 | 8,041 | 7,638 | 8,123 | 8,057 | 9,462 | 13,925 | 14,533 | 10,247 | 13,289 | 12,770 |
3,019 | 2,970 | 3,033 | 2,948 | 1,793 | 1,162 | 1,234 | 6,905 | 6,701 | 6,480 | 6,358 | 6,263 | |
CWIP | 64 | 58 | 51 | 119 | 639 | 1,712 | 4,135 | 121 | 85 | 161 | 157 | 102 |
Investments | 0 | 0 | 0 | 30 | 211 | 174 | 207 | 300 | 217 | 298 | 559 | 2,377 |
3,710 | 5,664 | 4,957 | 4,541 | 5,480 | 5,009 | 3,886 | 6,598 | 7,529 | 3,308 | 6,215 | 4,028 | |
Total Assets | 6,793 | 8,692 | 8,041 | 7,638 | 8,123 | 8,057 | 9,462 | 13,925 | 14,533 | 10,247 | 13,289 | 12,770 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-563 | -1,316 | 847 | 1,064 | -27 | 1,280 | 1,172 | -1,130 | 827 | 6,944 | -24 | 3,239 | |
-74 | 44 | -85 | -149 | -348 | -703 | -1,784 | -1,132 | -462 | -195 | -119 | -1,873 | |
655 | 1,266 | -971 | -937 | 362 | -500 | 564 | 2,263 | -283 | -6,007 | -213 | -1,862 | |
Net Cash Flow | 18 | -7 | -209 | -22 | -12 | 76 | -49 | 2 | 82 | 742 | -356 | -496 |
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 | 107 | 160 | 146 | 119 | 156 | 147 | 123 | 175 | 166 | 34 | 49 | 23 |
Inventory Days | 50 | 98 | 50 | 48 | 55 | 65 | 63 | 79 | 60 | 39 | 119 | 25 |
Days Payable | 42 | 48 | 22 | 23 | 28 | 18 | 24 | 59 | 29 | 19 | 57 | 22 |
Cash Conversion Cycle | 116 | 209 | 174 | 144 | 183 | 193 | 161 | 195 | 198 | 54 | 111 | 26 |
Working Capital Days | 98 | 167 | 145 | 118 | 167 | 171 | 143 | 150 | 164 | 43 | 81 | 52 |
ROCE % | 13% | 8% | 7% | 9% | 10% | 11% | 12% | 12% | 14% | 20% | 23% | 16% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
2d - In continuation to our letter dated May 22, 2023 and pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we are enclosing herewith the transcript …
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 31 May
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
29 May - In continuation to our letter dated May 22, 2023 and pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, the audio recording of Analysts / …
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Compliances-Reg.24(A)-Annual Secretarial Compliance
29 May - In pursuance of Regulation 24A of the SEBI (LODR) Regulations, 2015 read with SEBI circular No.CIR/CFD/CMD1/27/2019 dated February 8, 2019 and circulars dated March 16, …
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Announcement under Regulation 30 (LODR)-Newspaper Publication
27 May - Copies of audited financial results for the quarter and year ended March 31, 2023 published on May 27, 2023 in English and Hindi newspapers - …
Annual reports
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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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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Financial Year 2010
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Financial Year 2010
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Concalls
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Jun 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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Jan 2022TranscriptNotesPPT
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Jan 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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May 2021TranscriptNotesPPT
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Feb 2021Transcript PPT
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Nov 2020Transcript PPT
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Sep 2020TranscriptNotesPPT
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Jul 2020Transcript PPT
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May 2020Transcript PPT
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Feb 2020TranscriptNotesPPT
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Nov 2019Transcript PPT
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Aug 2019Transcript PPT
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May 2019Transcript PPT
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Feb 2019TranscriptNotesPPT
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Oct 2018TranscriptNotesPPT
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Jul 2018TranscriptNotesPPT
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May 2018Transcript PPT
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Feb 2018Transcript PPT
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Oct 2017Transcript PPT
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Aug 2017TranscriptNotesPPT
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May 2017TranscriptNotesPPT
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Nov 2016TranscriptNotesPPT
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May 2016TranscriptNotesPPT
Product Portfolio
The company's product portfolio includes fertilisers and agri-inputs such as Urea, Di-ammonium Phosphate (DAP), Muriate of Potash (MOP), Ammonium Phosphate Sulphate (APS), different grades of NPK fertilisers, Sulphur, Micronutrients and Agrochemicals.[1] It only manufactures Urea from its production plants and markets/ trades other fertilisers and agri-inputs through its distribution network.[2]