Chambal Fertilisers & Chemicals Ltd

About [ edit ]

Chambal Fertilisers & Chemicals is engaged in the business of production of urea and has three urea plants. Apart from manufacture of Urea, the Company also deals in other fertilisers and Agri-inputs.

  • Market Cap 9,598 Cr.
  • Current Price 231
  • High / Low 267 / 125
  • Stock P/E 6.77
  • Book Value 126
  • Dividend Yield 1.73 %
  • ROCE 20.8 %
  • ROE 30.8 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company has delivered good profit growth of 45.03% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 28.61%
  • Debtor days have improved from 124.87 to 33.71 days.

Cons

  • Company might be capitalizing the interest cost

Peer comparison

Sector: Fertilizers Industry: Fertilizers

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
2,211 2,508 2,807 2,611 2,855 3,550 3,832 1,969 3,219 3,987 3,873 1,641
1,977 2,295 2,453 2,202 2,413 3,000 3,153 1,770 2,629 3,245 3,075 1,307
Operating Profit 234 213 354 409 442 550 679 199 590 742 797 334
OPM % 11% 9% 13% 16% 15% 16% 18% 10% 18% 19% 21% 20%
Other Income 57 114 -65 -108 30 57 12 147 39 74 9 343
Interest 42 49 38 119 132 147 110 113 98 82 53 48
Depreciation 21 22 17 69 69 72 73 72 71 72 72 75
Profit before tax 228 257 234 114 271 388 508 161 460 662 682 555
Tax % 32% 29% 32% 22% 39% 2% 6% -25% 35% 34% 31% 2%
Net Profit 156 181 161 92 166 383 480 198 299 437 471 448
EPS in Rs 3.74 4.36 3.87 2.21 3.98 9.19 11.54 4.75 7.18 10.50 11.32 10.76

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
4,125 5,684 7,537 8,198 8,906 9,733 9,008 7,553 7,541 10,095 12,206 12,719
3,458 4,981 6,707 7,512 8,231 8,998 8,354 6,801 6,743 8,919 10,395 10,256
Operating Profit 667 703 830 686 675 735 654 752 798 1,175 1,811 2,463
OPM % 16% 12% 11% 8% 8% 8% 7% 10% 11% 12% 15% 19%
Other Income 70 90 72 93 105 105 32 140 184 23 307 465
Interest 97 127 130 140 209 164 267 255 157 247 504 279
Depreciation 319 323 308 267 282 216 111 92 85 119 287 289
Profit before tax 321 343 464 372 289 459 308 544 740 832 1,327 2,360
Tax % 36% 37% 72% 43% 19% 39% 52% 34% 33% 30% 8% 26%
Net Profit 217 241 158 239 244 295 221 362 499 590 1,226 1,655
EPS in Rs 5.22 5.78 3.80 5.73 5.87 7.08 5.31 8.70 11.99 14.18 29.46 39.76
Dividend Payout % 36% 33% 50% 33% 32% 27% 36% 22% 16% 14% 14% 19%
Compounded Sales Growth
10 Years:8%
5 Years:7%
3 Years:19%
TTM:4%
Compounded Profit Growth
10 Years:19%
5 Years:45%
3 Years:42%
TTM:16%
Stock Price CAGR
10 Years:11%
5 Years:28%
3 Years:10%
1 Year:80%
Return on Equity
10 Years:21%
5 Years:26%
3 Years:29%
Last Year:31%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
416 416 416 416 414 414 416 416 776 798 834 416
Reserves 1,017 1,160 1,285 1,436 1,642 1,837 1,451 1,725 2,104 2,478 3,131 4,833
Borrowings 2,741 2,580 3,672 5,241 4,684 4,089 5,317 4,619 5,720 8,664 9,696 3,165
952 1,092 1,420 1,598 1,301 1,298 939 1,297 1,222 2,367 1,290 1,833
Total Liabilities 5,126 5,248 6,793 8,692 8,041 7,638 8,123 8,057 9,462 13,925 14,533 10,247
3,340 3,040 3,019 2,970 3,033 2,948 1,793 1,162 1,234 6,905 6,701 6,480
CWIP 49 67 64 58 51 119 639 1,712 4,135 121 85 161
Investments 63 0 0 0 0 30 211 174 207 300 217 298
1,674 2,141 3,710 5,664 4,957 4,541 5,480 5,009 3,886 6,598 7,529 3,308
Total Assets 5,126 5,248 6,793 8,692 8,041 7,638 8,123 8,057 9,462 13,925 14,533 10,247

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
-228 610 -563 -1,316 847 1,064 -27 1,280 1,172 -1,130 827 6,944
-58 -157 -74 44 -85 -149 -348 -703 -1,784 -1,132 -462 -196
225 -308 655 1,266 -971 -937 362 -500 564 2,263 -283 -6,007
Net Cash Flow -60 144 18 -7 -209 -22 -12 76 -49 2 82 740

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
ROCE % 10% 11% 13% 8% 7% 9% 10% 11% 12% 12% 14% 21%
Debtor Days 58 44 107 160 146 119 156 147 123 175 166 34
Inventory Turnover 7.63 10.97 10.83 6.29 6.49 9.88 8.79 6.66 6.97 7.41 7.32 7.63

Shareholding Pattern

Numbers in percentages

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
58.53 58.65 58.72 58.77 58.77 58.89 59.01 59.80 59.92 60.34 60.38 60.38
6.44 6.53 6.45 6.48 6.83 6.48 6.65 6.50 5.25 5.37 6.65 7.05
14.61 14.70 15.27 15.79 16.34 17.06 16.67 16.85 17.08 16.85 15.79 15.53
20.08 19.80 19.23 18.64 17.78 17.31 17.42 16.63 17.55 17.26 17.03 16.90
0.34 0.33 0.33 0.32 0.29 0.26 0.25 0.22 0.20 0.18 0.14 0.14

Documents