Fertilizers & Chemicals Travancore Ltd

₹ 114 -2.56%
23 Sep - close price
About

Fertilizers & Chemicals Travancore Ltd (FACT), incorporated in the year 1943, is the first large-scale fertiliser plant in India at Udyogamandal, Kochi, Kerala. The company is engaged in the manufacturing and selling of fertilizers, its by-products and Caprolactam. It is under the administrative control of the Department of Fertilizers, Ministry of Chemicals & Fertilizers, Government of India.[1]

Key Points

Products
The company produces a wide range of fertilisers like Complex fertilisers (Factamfos), Straight fertilisers (Ammonium Sulphate), Organic fertilisers, Biofertilisers and Imported fertilisers (Muriate of Potash). The company also produces bagged gypsum and Caprolactam which is used in manufacturing Nylon Tyre cord, Nylon filament yarn, Engineering plastics, etc. [1][2][3]

  • Market Cap 7,402 Cr.
  • Current Price 114
  • High / Low 160 / 82.4
  • Stock P/E 13.7
  • Book Value 2.93
  • Dividend Yield 0.00 %
  • ROCE 37.4 %
  • ROE 9,432 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 29.8% CAGR over last 5 years

Cons

  • Stock is trading at 39.1 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Tax rate seems low

* 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
351 931 779 708 552 1,047 839 821 742 782 1,208 1,693 1,292
362 855 684 590 517 911 654 625 658 677 1,098 1,395 1,110
Operating Profit -11 76 96 119 34 136 185 196 85 105 110 297 183
OPM % -3% 8% 12% 17% 6% 13% 22% 24% 11% 13% 9% 18% 14%
6 4 979 15 14 14 18 22 24 -3 3 5 23
Interest 71 69 87 62 61 61 61 62 61 62 62 60 62
Depreciation 4 4 4 5 5 5 5 8 8 4 7 9 7
Profit before tax -80 6 983 66 -18 83 137 148 40 36 44 233 137
Tax % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Net Profit -80 6 983 66 -18 83 137 148 40 36 44 233 137
EPS in Rs -1.24 0.10 15.19 1.03 -0.27 1.28 2.11 2.29 0.62 0.56 0.67 3.61 2.12
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
1,981 1,746 1,867 1,927 1,955 2,770 3,259 4,425 4,975
2,155 1,966 1,821 1,759 1,945 2,491 2,708 3,829 4,281
Operating Profit -174 -220 45 168 10 279 551 596 694
OPM % -9% -13% 2% 9% 0% 10% 17% 13% 14%
27 41 18 42 457 1,004 68 29 27
Interest 201 257 305 321 281 289 245 244 245
Depreciation 25 23 21 17 23 18 23 27 26
Profit before tax -373 -459 -263 -129 163 976 350 353 450
Tax % 0% 0% 0% 0% 0% 0% 0% 0%
Net Profit -373 -459 -263 -129 163 976 350 353 450
EPS in Rs -5.76 -7.09 -4.06 -1.99 2.51 15.08 5.42 5.46 6.96
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 19%
3 Years: 31%
TTM: 44%
Compounded Profit Growth
10 Years: %
5 Years: 30%
3 Years: 54%
TTM: 32%
Stock Price CAGR
10 Years: 14%
5 Years: 24%
3 Years: 40%
1 Year: -14%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 9432%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
647 647 647 647 647 647 647 647
Reserves -1,499 -1,957 -2,159 -2,286 -2,119 -1,138 -827 -458
1,119 1,856 2,402 2,278 2,274 1,821 1,822 1,838
1,451 1,174 715 1,215 1,547 1,316 1,756 2,269
Total Liabilities 1,718 1,720 1,605 1,854 2,348 2,646 3,399 4,296
330 314 297 295 296 299 286 335
CWIP 25 22 25 18 18 39 55 44
Investments 4 4 46 59 69 78 86 98
1,359 1,381 1,238 1,482 1,966 2,229 2,972 3,819
Total Assets 1,718 1,720 1,605 1,854 2,348 2,646 3,399 4,296

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
192 -237 31 224 -410 256 1,021 152
-9 -4 75 -3 416 289 -854 -158
-181 224 -94 -207 -45 -504 -36 8
Net Cash Flow 2 -17 12 14 -40 42 130 3

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 2 2 99 69 76 51 12 14
Inventory Days 147 124 158 184 197 138 112 93
Days Payable 181 167 109 150 120 49 76 77
Cash Conversion Cycle -32 -41 148 102 152 141 47 30
Working Capital Days -12 63 123 76 102 -63 -28 -7
ROCE % -55% 6% 25% 1% 27% 40% 37%

Shareholding Pattern

Numbers in percentages

Shareholding pattern is currently not available for this company.

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