Gujarat Alkalies & Chemicals Ltd

₹ 809 0.94%

24 Apr 10:25 a.m.

About

Gujarat Alkalies and Chemicals Ltd is a multi-product chemical manufacturing company and is one of the leading manufacturers of Caustic Soda Lye.^[1] Its manufacturing facilities are located at Dahej and Vadodara in Gujarat.^[2]

Key Points

Product Offerings
The Company’s products basket comprises 36+ products including Caustic Soda (Lye, Flakes & Prills), Liquid Chlorine, Chloromethanes, Hydrogen Peroxide, Caustic Potash (Lye & Flakes), Aluminium Chloride, Phosphoric Acid, etc. ^[1]

Website BSE NSE

Market Cap ₹ 5,942 Cr.
Current Price ₹ 809
High / Low ₹ 870 / 615
Stock P/E
Book Value ₹ 817
Dividend Yield 2.91 %
ROCE 10.8 %
ROE 6.81 %
Face Value ₹ 10.0

Add ratio to table

Edit ratios

Pros

Company is almost debt free.
Stock is trading at 0.98 times its book value
Company has been maintaining a healthy dividend payout of 30.3%
Debtor days have improved from 31.9 to 23.0 days.

Cons

Company has low interest coverage ratio.
Company has a low return on equity of 6.82% over last 3 years.
Earnings include an other income of Rs.95.7 Cr.

* 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: Chlor Alkali / Soda Ash

Edit Columns

Loading peers table ...

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	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
	650	671	716	826	1,075	1,141	1,128	1,127	1,123	1,138	913	971	921
	572	575	590	684	709	792	778	969	885	936	882	955	941
Operating Profit	78	96	127	142	366	349	351	159	238	202	31	16	-20
OPM %	12%	14%	18%	17%	34%	31%	31%	14%	21%	18%	3%	2%	-2%
	17	9	15	22	3	7	6	22	6	8	12	71	5
Interest	2	9	2	1	1	1	2	3	8	8	10	11	11
Depreciation	45	44	47	49	50	52	50	60	79	88	89	95	96
Profit before tax	49	52	93	113	317	303	305	118	157	115	-57	-18	-123
Tax %	32%	34%	32%	34%	37%	27%	37%	49%	44%	38%	0%	0%	6%
	33	35	63	75	201	221	191	61	87	71	-57	-18	-115
EPS in Rs	4.52	4.72	8.60	10.15	27.42	30.05	25.99	8.24	11.87	9.67	-7.78	-2.50	-15.68
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
	1,995	2,070	2,455	3,161	2,725	2,429	3,759	4,516	3,943
	1,660	1,622	1,669	2,046	2,148	2,072	2,774	3,568	3,714
Operating Profit	335	448	786	1,115	577	357	984	949	229
OPM %	17%	22%	32%	35%	21%	15%	26%	21%	6%
	45	56	106	62	90	67	46	42	96
Interest	10	13	15	21	14	15	6	19	40
Depreciation	107	111	127	140	162	174	198	276	368
Profit before tax	262	381	749	1,016	491	235	826	695	-84
Tax %	16%	19%	29%	32%	32%	29%	32%	41%
	220	307	534	690	332	166	560	410	-120
EPS in Rs	29.90	41.85	72.78	93.98	45.22	22.57	76.22	55.78	-16.29
Dividend Payout %	15%	12%	9%	9%	18%	35%	13%	42%

Compounded Sales Growth
10 Years:	%
5 Years:	13%
3 Years:	18%
TTM:	-13%

Compounded Profit Growth
10 Years:	%
5 Years:	-4%
3 Years:	7%
TTM:	-121%

Stock Price CAGR
10 Years:	16%
5 Years:	10%
3 Years:	25%
1 Year:	28%

Return on Equity
10 Years:	%
5 Years:	9%
3 Years:	7%
Last Year:	7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
Equity Capital	73	73	73	73	73	73	73	73	73
Reserves	2,854	3,282	3,748	4,222	4,522	5,301	5,826	6,066	5,926
	295	353	291	247	205	498	594	597	535
	671	726	859	988	1,090	1,282	1,484	1,599	1,692
Total Liabilities	3,894	4,435	4,970	5,531	5,891	7,154	7,977	8,335	8,227
	1,821	2,073	2,104	2,300	2,610	2,587	2,702	4,250	4,698
CWIP	83	151	252	307	445	1,109	1,787	544	39
Investments	854	1,016	1,145	1,065	1,242	2,092	2,110	1,831	1,888
	1,136	1,196	1,469	1,858	1,594	1,366	1,379	1,710	1,602
Total Assets	3,894	4,435	4,970	5,531	5,891	7,154	7,977	8,335	8,227

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
	201	502	514	838	630	421	735	960
	-352	-467	-395	-581	-634	-334	-804	-662
	84	13	-116	-136	-146	226	12	-140
Net Cash Flow	-67	49	3	122	-150	313	-58	158

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Debtor Days	60	58	60	56	50	43	29	23
Inventory Days	99	94	147	99	92	88	101	111
Days Payable	99	125	154	134	126	111	101	119
Cash Conversion Cycle	60	27	53	22	17	21	29	15
Working Capital Days	90	83	99	96	107	20	8	16
ROCE %		11%	18%	24%	11%	5%	13%	11%

Shareholding Pattern

Numbers in percentages

	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
	46.28%	46.28%	46.28%	46.28%	46.28%	46.28%	46.28%	46.28%	46.28%	46.28%	46.28%	46.28%
	1.36%	1.48%	1.52%	1.82%	2.05%	1.98%	2.07%	2.07%	1.98%	1.88%	2.07%	2.10%
	2.39%	1.66%	1.63%	1.68%	1.63%	1.47%	1.45%	1.51%	1.51%	1.96%	2.17%	3.13%
	49.97%	50.58%	50.58%	50.22%	50.04%	50.27%	50.19%	50.13%	50.22%	49.88%	49.49%	48.48%
No. of Shareholders	77,198	77,227	81,474	77,773	87,428	87,083	85,354	84,097	85,393	88,020	86,698	82,719

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
	46.28%	46.28%	46.28%	46.28%	46.28%	46.28%	46.28%	46.28%
	4.08%	4.04%	2.61%	2.02%	1.36%	1.82%	2.07%	2.10%
	4.05%	5.75%	6.83%	6.97%	4.01%	1.68%	1.51%	3.13%
	0.00%	0.25%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
	45.59%	43.68%	44.28%	44.73%	48.35%	50.22%	50.13%	48.48%
No. of Shareholders	57,142	50,385	57,005	57,582	64,304	77,773	84,097	82,719

* 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

Announcements

All

Annual reports

DRHP

Credit ratings

Concalls

Nov 2023

Transcript

Notes
PPT
Jun 2023

Transcript

Notes
PPT
Feb 2023

Transcript

Notes
PPT
Nov 2022

Transcript

Notes
PPT
Aug 2022

Transcript

Notes
PPT
Jun 2022

Transcript

Notes
PPT
Feb 2022

Transcript

Notes
PPT
Nov 2021

Transcript

Notes
PPT
Aug 2021

Transcript

Notes
PPT
May 2021

Transcript

Notes
PPT
Feb 2021

Transcript

Notes
PPT
Dec 2020

Transcript

Notes
PPT
Aug 2020

Transcript

Notes
PPT
Jun 2020

Transcript

Notes
PPT
Feb 2020

Transcript

Notes
PPT
Nov 2019

Transcript

Notes
PPT
Jun 2019

Transcript

Notes
PPT
Mar 2017

Transcript

Notes
PPT
May 2016
Transcript
PPT