Mahickra Chemicals Ltd
Incorporated in 1997, Mahickra Chemicals Ltd manufacturers, trades & exports Dyes and Chemicals[1]
- Market Cap ₹ 95.0 Cr.
- Current Price ₹ 117
- High / Low ₹ 159 / 78.2
- Stock P/E 43.4
- Book Value ₹ 40.6
- Dividend Yield 0.56 %
- ROCE 13.7 %
- ROE 10.9 %
- Face Value ₹ 10.0
Pros
- Promoter holding has increased by 0.79% over last quarter.
Cons
- Stock is trading at 2.88 times its book value
- Company has a low return on equity of 11.6% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.2.02 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: Dyes And Pigments
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|
19.52 | 80.02 | 94.28 | 86.49 | 102.28 | 103.01 | 85.61 | |
18.75 | 78.98 | 93.70 | 84.38 | 100.53 | 100.52 | 83.01 | |
Operating Profit | 0.77 | 1.04 | 0.58 | 2.11 | 1.75 | 2.49 | 2.60 |
OPM % | 3.94% | 1.30% | 0.62% | 2.44% | 1.71% | 2.42% | 3.04% |
0.46 | 2.47 | 4.35 | 2.98 | 3.93 | 3.57 | 2.02 | |
Interest | 0.24 | 0.53 | 0.69 | 0.57 | 0.78 | 0.95 | 1.00 |
Depreciation | 0.05 | 0.07 | 0.10 | 0.12 | 0.25 | 0.55 | 0.59 |
Profit before tax | 0.94 | 2.91 | 4.14 | 4.40 | 4.65 | 4.56 | 3.03 |
Tax % | 21.28% | 29.90% | 27.54% | 29.55% | 27.74% | 28.07% | |
0.74 | 2.04 | 2.99 | 3.11 | 3.35 | 3.28 | 2.19 | |
EPS in Rs | 1.44 | 2.82 | 3.68 | 3.83 | 4.12 | 4.04 | 2.69 |
Dividend Payout % | 0.00% | 0.00% | 8.15% | 5.22% | 15.76% | 16.09% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 39% |
3 Years: | 3% |
TTM: | -25% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 36% |
3 Years: | 4% |
TTM: | -33% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 15% |
1 Year: | 25% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 12% |
Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|
Equity Capital | 5.13 | 7.23 | 8.12 | 8.12 | 8.12 | 8.12 | 8.12 |
Reserves | 2.64 | 7.84 | 15.86 | 18.81 | 21.63 | 24.37 | 24.86 |
6.34 | 4.80 | 5.55 | 10.56 | 10.02 | 10.08 | 14.49 | |
20.50 | 23.23 | 20.90 | 20.21 | 25.39 | 22.03 | 18.79 | |
Total Liabilities | 34.61 | 43.10 | 50.43 | 57.70 | 65.16 | 64.60 | 66.26 |
0.67 | 0.79 | 0.85 | 0.96 | 1.68 | 4.48 | 4.38 | |
CWIP | 0.00 | 0.00 | 2.15 | 2.56 | 2.93 | 0.43 | 0.61 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.05 |
33.94 | 42.31 | 47.43 | 54.18 | 60.55 | 59.64 | 61.22 | |
Total Assets | 34.61 | 43.10 | 50.43 | 57.70 | 65.16 | 64.60 | 66.26 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
-11.15 | -4.23 | -3.47 | -2.50 | 3.24 | 2.28 | |
-0.72 | -0.20 | -2.50 | -0.63 | -1.44 | -0.91 | |
13.14 | 3.22 | 5.99 | 3.13 | -1.82 | -1.36 | |
Net Cash Flow | 1.27 | -1.20 | 0.01 | 0.00 | -0.02 | 0.00 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|
Debtor Days | 312.83 | 107.69 | 106.04 | 142.94 | 135.96 | 130.25 |
Inventory Days | 212.44 | 42.23 | 48.98 | 70.98 | 72.06 | 77.95 |
Days Payable | 416.27 | 111.00 | 83.18 | 89.26 | 97.69 | 83.37 |
Cash Conversion Cycle | 109.00 | 38.93 | 71.84 | 124.65 | 110.34 | 124.83 |
Working Capital Days | 224.01 | 86.89 | 102.13 | 142.39 | 124.44 | 132.24 |
ROCE % | 20.25% | 19.55% | 14.83% | 14.06% | 13.72% |
Product Profile:[1]
a) Reactive Dyes
b) Direct Dyes
c) Acid Dyes
d) Synthetic Food Colors
e) Specialty Chemicals
f) Pigment Powder & Emulsion