Dynemic Products Ltd

Dynemic Products Ltd

₹ 429 -1.74%
12 Dec 3:40 p.m.
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 516 Cr.
  • Current Price 429
  • High / Low 492 / 235
  • Stock P/E 43.2
  • Book Value 174
  • Dividend Yield 0.00 %
  • ROCE 4.94 %
  • ROE 1.89 %
  • Face Value 10.0

Pros

  • Company has reduced debt.

Cons

  • Stock is trading at 2.53 times its book value
  • The company has delivered a poor sales growth of 11.2% over past five years.
  • Promoter holding is low: 29.4%
  • Company has a low return on equity of 2.84% 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
57.95 63.44 71.77 65.24 84.41 73.84 72.43 68.16 65.39 71.55 78.95 80.05 97.85
49.47 51.58 62.56 64.98 74.75 65.61 61.83 58.75 61.10 63.66 68.54 70.04 85.35
Operating Profit 8.48 11.86 9.21 0.26 9.66 8.23 10.60 9.41 4.29 7.89 10.41 10.01 12.50
OPM % 14.63% 18.69% 12.83% 0.40% 11.44% 11.15% 14.63% 13.81% 6.56% 11.03% 13.19% 12.50% 12.77%
0.04 0.03 0.19 0.05 0.05 0.06 0.24 0.05 0.06 0.07 0.51 0.05 0.06
Interest 1.87 2.14 3.76 4.29 4.52 3.71 3.59 2.56 3.93 2.76 3.64 2.26 3.23
Depreciation 2.77 3.67 3.98 4.17 4.22 4.23 4.14 4.19 4.22 4.18 4.10 4.09 4.13
Profit before tax 3.88 6.08 1.66 -8.15 0.97 0.35 3.11 2.71 -3.80 1.02 3.18 3.71 5.20
Tax % -35.57% 15.95% 384.94% 0.25% 1.03% 5.71% -27.01% 29.15% -5.53% -20.59% -27.67% 25.34% 25.19%
5.25 5.11 -4.72 -8.17 0.97 0.32 3.94 1.91 -3.59 1.23 4.06 2.78 3.89
EPS in Rs 4.41 4.29 -3.97 -6.87 0.82 0.27 3.37 1.64 -2.98 1.02 3.38 2.31 3.23
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
86 117 129 130 129 164 167 182 206 252 296 284 328
77 98 111 113 104 133 137 146 162 209 267 252 288
Operating Profit 10 19 18 17 25 31 30 36 43 43 29 32 41
OPM % 11% 16% 14% 13% 20% 19% 18% 20% 21% 17% 10% 11% 12%
1 1 0 0 0 0 0 1 1 0 0 1 1
Interest 2 1 2 2 2 1 1 2 2 8 16 13 12
Depreciation 2 2 3 3 3 3 3 3 3 11 17 17 16
Profit before tax 7 16 13 12 21 27 25 32 38 23 -4 3 13
Tax % 35% 35% 27% 34% 34% 35% 29% 25% 26% 39% -21% -16%
4 10 9 8 14 18 18 24 28 14 -3 4 12
EPS in Rs 3.70 8.72 7.94 6.37 11.39 14.76 15.11 20.31 23.94 12.02 -2.52 3.01 9.94
Dividend Payout % 33% 16% 0% 22% 13% 10% 9% 7% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 9%
5 Years: 11%
3 Years: 11%
TTM: 17%
Compounded Profit Growth
10 Years: -10%
5 Years: -27%
3 Years: -50%
TTM: 364%
Stock Price CAGR
10 Years: 17%
5 Years: 27%
3 Years: -11%
1 Year: 44%
Return on Equity
10 Years: 12%
5 Years: 9%
3 Years: 3%
Last Year: 2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 11 11 11 11 11 11 11 11 11 11 12 12 12
Reserves 30 38 47 53 66 81 97 117 145 159 171 191 197
22 28 36 33 25 25 31 101 153 174 148 115 106
15 21 18 15 17 22 19 22 42 70 81 83 108
Total Liabilities 77 98 112 111 120 140 158 251 351 415 412 400 423
32 32 35 34 35 35 38 36 34 272 259 245 238
CWIP 0 9 9 9 10 14 25 71 194 0 0 0 0
Investments 4 3 1 1 1 1 1 1 1 1 1 1 1
41 54 67 66 74 90 94 143 121 142 152 154 184
Total Assets 77 98 112 111 120 140 158 251 351 415 412 400 423

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
5 8 1 10 12 10 13 7 48 40 25 30
-2 -10 -4 -3 -3 -7 -17 -70 -98 -52 2 -0
-3 2 3 -7 -9 -4 3 64 49 12 -26 -30
Net Cash Flow -0 1 0 1 -0 -0 -0 1 -0 -0 0 -1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 58 62 62 73 79 72 91 64 73 68 63 72
Inventory Days 115 91 117 96 113 105 134 118 144 153 168
Days Payable 40 43 41 22 24 19 28 78 145 146 171
Cash Conversion Cycle 134 110 137 147 79 161 177 170 113 67 70 69
Working Capital Days 121 105 137 138 159 145 159 183 131 93 76 78
ROCE % 14% 25% 18% 14% 22% 26% 21% 18% 15% 10% 4% 5%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
29.75% 29.75% 30.26% 30.26% 30.26% 30.27% 30.31% 29.42% 29.42% 29.42% 29.42% 29.42%
0.27% 0.16% 0.11% 0.25% 0.13% 0.02% 0.13% 0.05% 0.00% 0.07% 0.15% 0.01%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.09% 0.08% 0.00% 0.00% 0.00% 0.25%
69.98% 70.09% 69.64% 69.50% 69.61% 69.70% 69.47% 70.46% 70.57% 70.51% 70.44% 70.32%
No. of Shareholders 17,22518,17418,98818,47716,70816,25115,75816,04316,55015,53515,04114,119

* 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.

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