Dynemic Products Ltd

Dynemic Products Ltd

₹ 260 -0.02%
28 Mar - close price
About

Incorporated in 1990, Dynemic Products is in the business of manufacturing and selling of Dyes & Dye Intermediates[1]

Key Points

Business Overview:[1]
DPL is an ISO 9001, ISO 14001, FSSC 22000 & GMP Certified manufacturer and exporter of food colours, offering complete range of Food Colours, Lake Colours, Blended Colours, FD&C Colours & Dye Intermediates

  • Market Cap 313 Cr.
  • Current Price 260
  • High / Low 424 / 230
  • Stock P/E 110
  • Book Value 161
  • Dividend Yield 0.00 %
  • ROCE 3.62 %
  • ROE -2.06 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company's working capital requirements have reduced from 99.8 days to 75.9 days

Cons

  • Company has low interest coverage ratio.
  • Promoter holding is low: 29.4%
  • Company has a low return on equity of 8.20% over last 3 years.
  • Promoter holding has decreased over last 3 years: -6.39%

* 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

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
55.42 57.63 58.75 57.95 63.44 71.77 64.98 84.27 73.74 72.42 68.02 65.35 71.55
42.96 47.74 45.62 49.47 51.58 62.55 64.80 74.63 65.60 61.81 58.72 61.10 63.67
Operating Profit 12.46 9.89 13.13 8.48 11.86 9.22 0.18 9.64 8.14 10.61 9.30 4.25 7.88
OPM % 22.48% 17.16% 22.35% 14.63% 18.69% 12.85% 0.28% 11.44% 11.04% 14.65% 13.67% 6.50% 11.01%
-0.01 0.08 0.03 0.03 0.04 0.19 0.04 0.04 0.05 0.22 0.04 0.05 0.05
Interest 0.47 1.42 0.67 1.87 2.14 3.76 4.29 4.52 3.71 3.59 2.56 3.93 2.76
Depreciation 0.87 0.86 0.84 2.77 3.67 3.98 4.17 4.22 4.23 4.14 4.19 4.22 4.18
Profit before tax 11.11 7.69 11.65 3.87 6.09 1.67 -8.24 0.94 0.25 3.10 2.59 -3.85 0.99
Tax % 25.56% 24.71% 25.75% -35.66% 15.93% 382.63% 0.00% 0.00% 0.00% -10.65% 29.73% 5.71% -22.22%
8.27 5.80 8.65 5.25 5.12 -4.72 -8.24 0.95 0.25 3.43 1.83 -3.63 1.21
EPS in Rs 6.95 4.87 7.27 4.41 4.30 -3.97 -6.92 0.80 0.21 2.94 1.57 -3.02 1.01
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
83 86 116 128 129 129 164 167 182 206 252 295 277
72 76 97 111 112 103 133 137 146 162 209 267 245
Operating Profit 11 9 19 18 17 25 31 30 36 43 43 29 32
OPM % 13% 11% 16% 14% 13% 20% 19% 18% 20% 21% 17% 10% 12%
0 1 0 0 -0 0 0 0 1 1 0 0 0
Interest 2 2 1 2 2 2 1 1 2 2 8 16 13
Depreciation 2 2 2 3 3 3 3 3 3 3 11 17 17
Profit before tax 8 7 16 13 11 21 27 25 32 38 23 -4 3
Tax % 34% 35% 35% 27% 34% 35% 35% 29% 25% 26% 39% 8%
5 4 10 9 8 13 18 18 24 28 14 -4 3
EPS in Rs 4.45 3.64 8.60 7.85 6.32 11.34 14.71 15.09 20.28 23.94 12.02 -3.09 2.50
Dividend Payout % 28% 34% 17% 0% 23% 13% 10% 9% 7% 0% 0% 0%
Compounded Sales Growth
10 Years: 13%
5 Years: 12%
3 Years: 17%
TTM: -6%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 124%
Stock Price CAGR
10 Years: 25%
5 Years: 17%
3 Years: -21%
1 Year: 9%
Return on Equity
10 Years: 14%
5 Years: 12%
3 Years: 8%
Last Year: -2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 11 11 11 11 11 11 11 11 11 11 11 12 12
Reserves 27 29 38 47 52 65 80 96 116 144 158 170 181
22 22 28 36 33 25 25 31 101 153 174 148 134
16 15 21 18 14 17 22 19 22 42 70 82 69
Total Liabilities 75 77 98 111 110 119 139 158 250 350 414 411 396
32 32 31 34 34 34 35 38 36 34 272 259 252
CWIP 0 0 9 9 9 10 14 25 71 194 0 0 0
Investments 4 4 4 2 1 1 1 1 1 1 1 1 1
40 41 53 66 66 73 89 93 142 120 141 151 142
Total Assets 75 77 98 111 110 119 139 158 250 350 414 411 396

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

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 6 8 1 10 12 10 13 7 48 40 25
-2 -2 -10 -4 -3 -3 -7 -17 -70 -98 -52 2
1 -3 2 3 -7 -9 -4 3 64 49 12 -26
Net Cash Flow -0 0 0 0 1 -0 -0 -0 1 -0 -0 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 61 57 62 62 73 79 72 91 64 73 68 63
Inventory Days 110 116 91 118 97 125 113 105 134 118 144 153
Days Payable 50 40 43 41 22 19 24 19 28 78 145 146
Cash Conversion Cycle 121 133 111 138 148 185 161 177 170 113 67 70
Working Capital Days 116 121 105 137 138 160 145 159 183 131 93 76
ROCE % 18% 14% 25% 18% 14% 23% 26% 21% 18% 15% 10% 4%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
35.79% 29.69% 29.75% 29.75% 29.75% 30.26% 30.26% 30.26% 30.27% 30.31% 29.42% 29.42%
0.61% 0.48% 0.26% 0.27% 0.16% 0.11% 0.25% 0.13% 0.02% 0.13% 0.05% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.09% 0.08% 0.00%
63.60% 69.83% 69.99% 69.98% 70.09% 69.64% 69.50% 69.61% 69.70% 69.47% 70.46% 70.57%
No. of Shareholders 12,51716,08216,56717,22518,17418,98818,47716,70816,25115,75816,04316,550

* 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.

Documents

Concalls