Gujarat Alkalies & Chemicals Ltd

About [ edit ]

Gujarat Alkalies & Chemicals is a multi-product chemical manufacturing Company, having various products in its basket and is one of the leading manufacturer of Caustic Soda Lye.

  • Market Cap 2,979 Cr.
  • Current Price 406
  • High / Low 469 / 302
  • Stock P/E 20.9
  • Book Value 659
  • Dividend Yield 1.97 %
  • ROCE 10.8 %
  • ROE 7.47 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.62 times its book value

Cons

  • Company has a low return on equity of 12.59% for last 3 years.
  • Dividend payout has been low at 11.71% of profits over last 3 years
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
753 772 816 821 749 699 656 622 470 638 650
465 494 540 547 497 547 561 542 391 534 572
Operating Profit 287 278 276 273 252 151 94 79 78 104 78
OPM % 38% 36% 34% 33% 34% 22% 14% 13% 17% 16% 12%
Other Income 9 15 24 15 17 37 18 18 13 28 17
Interest 4 4 9 4 4 3 4 3 3 2 2
Depreciation 33 36 37 35 37 38 39 48 42 43 45
Profit before tax 259 253 255 249 228 147 70 47 46 87 49
Tax % 29% 31% 36% 32% 30% 30% 14% 76% 31% 25% 32%
Net Profit 183 175 163 169 159 102 60 11 32 66 33
EPS in Rs 24.95 23.83 22.20 23.00 21.62 13.93 8.11 1.55 4.33 8.99 4.52

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
1,995 2,070 2,455 3,161 2,725 2,380
1,660 1,622 1,669 2,046 2,148 2,039
Operating Profit 335 448 786 1,115 577 340
OPM % 17% 22% 32% 35% 21% 14%
Other Income 45 56 106 62 90 77
Interest 10 13 15 21 14 10
Depreciation 107 111 127 140 162 178
Profit before tax 262 381 749 1,016 491 229
Tax % 16% 19% 29% 32% 32%
Net Profit 220 307 534 690 332 142
EPS in Rs 29.90 41.85 72.78 93.98 45.22 19.39
Dividend Payout % 15% 12% 9% 9% 18%
Compounded Sales Growth
10 Years:%
5 Years:%
3 Years:10%
TTM:-19%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:3%
TTM:-71%
Stock Price CAGR
10 Years:11%
5 Years:17%
3 Years:-19%
1 Year:24%
Return on Equity
10 Years:%
5 Years:%
3 Years:13%
Last Year:7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
73 73 73 73 73 73
Reserves 2,854 3,282 3,748 4,222 4,522 4,768
Borrowings 295 353 291 247 205 110
671 726 859 988 1,090 1,295
Total Liabilities 3,894 4,435 4,970 5,531 5,891 6,247
1,821 2,073 2,104 2,300 2,610 2,617
CWIP 83 151 252 307 445 562
Investments 854 1,016 1,145 1,065 1,242 1,469
1,136 1,196 1,469 1,858 1,594 1,599
Total Assets 3,894 4,435 4,970 5,531 5,891 6,247

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
201 502 514 838 630
-352 -467 -395 -581 -634
84 13 -116 -136 -146
Net Cash Flow -67 49 3 122 -150

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 11% 18% 24% 11%
Debtor Days 60 58 60 56 50
Inventory Turnover 6.44 5.42 5.96 6.48

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
46.28 46.28 46.28 46.28 46.28 46.28 46.28 46.28 46.28 46.28 46.28 46.28
3.79 3.53 3.24 2.61 2.25 1.94 1.85 2.02 1.38 1.48 1.33 1.36
5.82 6.13 6.52 6.83 7.61 7.72 7.68 6.97 7.14 5.66 5.21 4.01
44.11 44.06 43.97 44.28 43.86 44.06 44.19 44.73 45.20 46.58 47.18 48.35

Documents