Oriental Carbon & Chemicals Ltd // Commodity Chemicals

to
987.75
Pros:
Company has been maintaining a healthy dividend payout of 17.96%
Cons:
Promoter's stake has decreased
The company has delivered a poor growth of 8.05% over past five years.

Peer Comparison

S.No. Name CMP Rs. P/E Mar Cap Rs.Cr. Div Yld % NP Qtr Rs.Cr. Qtr Profit Var % Sales Qtr Rs.Cr. Qtr Sales Var % ROCE %
1. Tata Chemicals 660.15 6.27 16817.98 3.33 1210.19 251.61 2555.08 1.71 2.08
2. Godrej Inds. 591.85 31.97 19908.70 0.30 277.09 191.98 2316.91 17.43 0.45
3. Guj Alkalies 443.30 6.08 3255.60 1.13 221.06 153.80 697.32 31.26 14.89
4. Polyplex Corpn 434.15 4.20 1388.41 1.67 104.89 40.83 979.69 18.94 4.67
5. Aarti Inds. 1215.45 31.23 9881.61 0.08 84.70 13.95 1029.39 23.38 23.25
6. GHCL 238.25 8.71 2335.05 2.09 61.59 -60.98 754.59 1.25 18.23
7. Jindal Poly Film 209.15 3.87 915.79 0.48 -57.43 9283.19 791.07 -57.77 9.52
8. Oriental Carbon 987.75 17.92 1016.99 1.02 14.49 45.77 89.82 9.42 21.12

Quarterly Results Standalone Figures in Rs. Crores / View Consolidated

Jun 2015 Sep 2015 Dec 2015 Mar 2016 Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018
72.11 70.67 62.57 69.37 75.50 69.62 70.21 82.09 77.43 74.72 86.25 89.82
50.85 47.69 44.80 50.30 53.34 48.43 50.91 56.64 51.98 52.10 60.17 65.70
Operating Profit 21.26 22.98 17.77 19.07 22.16 21.19 19.30 25.45 25.45 22.62 26.08 24.12
OPM % 29.48% 32.52% 28.4% 27.49% 29.35% 30.44% 27.49% 31.0% 32.87% 30.27% 30.24% 26.85%
Other Income 1.46 0.75 2.76 0.71 1.17 2.05 2.01 1.55 1.13 1.38 1.37 1.66
Depreciation 4.73 4.18 3.37 3.38 3.74 3.52 3.41 4.49 4.13 4.08 4.06 4.07
Interest 1.53 1.44 1.62 1.76 1.05 1.06 0.91 1.99 1.94 1.99 2.06 1.86
Profit before tax 16.47 18.11 15.53 14.64 18.53 18.67 17.00 20.52 20.51 17.93 21.34 19.86
Tax 2.12 5.18 1.85 2.62 4.00 3.79 2.17 10.58 5.95 5.50 6.06 5.37
Net Profit 14.35 12.94 13.68 12.02 14.53 14.87 14.83 9.94 14.56 12.42 15.28 14.49

Profit & Loss Standalone Figures in Rs. Crores / View Consolidated

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
64 89 121 125 159 217 225 261 282 274 310 332
54 81 108 87 114 167 169 194 211 195 225 235
Operating Profit 9 7 12 37 47 55 57 68 71 81 88 98
OPM % 15.48% 8.85% 10.64% 30.2% 30.05% 25.59% 25.53% 26.04% 25.23% 29.51% 28.37% 29.6%
Other Income 1 2 3 3 3 4 4 3 12 5 6 5
Interest 2 3 3 2 2 8 12 11 8 6 5 7
Depreciation 4 4 4 4 5 7 9 10 13 15 15 16
Profit before tax 4 2 8 34 43 44 40 50 62 64 74 79
Tax 1 0 0 4 6 13 12 9 11 11 20 22
Net Profit 2 1 7 29 37 31 27 40 51 52 54 56
EPS (unadj) 2.98 1.56 7.15 27.90 35.61 29.70 25.72 38.03 48.05 49.66 52.54 55.04
Dividend Payout % 31.82% 30.31% 20.31% 14.03% 11.05% 16.42% 18.86% 17.88% 17.11% 16.57% 19.07% 18.2%
Compounded Sales Growth
10 Years:11.78%
5 Years:8.05%
3 Years:5.52%
TTM:10.36%
Compounded Profit Growth
10 Years:23.62%
5 Years:15.89%
3 Years:2.88%
TTM:4.76%
Return on Equity
10 Years:21.01%
5 Years:19.10%
3 Years:17.50%
TTM:15.58%

Balance Sheet Standalone Figures in Rs. Crores / View Consolidated

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
9 9 10 10 10 10 10 10 10 10 10 10
Reserves 47 49 56 81 113 139 160 192 233 275 332 377
26 25 22 18 54 116 118 103 90 72 102 117
Other Liabilities 18 26 21 22 31 39 45 50 57 59 79 85
Total Liabilities 101 110 110 132 209 305 334 356 391 417 525 590
55 53 52 65 67 140 187 193 187 182 306 308
CWIP 0 0 4 8 50 44 3 2 4 39 2 40
Investments 0 0 0 0 5 14 19 25 41 30 52 75
44 55 53 58 85 106 123 135 158 165 163 166
Total Assets 101 110 110 132 209 305 334 356 391 417 525 590

Cash Flows Standalone Figures in Rs. Crores / View Consolidated

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
7 5 17 36 29 30 46 51 69 68 77 86
1 -1 -11 -19 -63 -77 -26 -23 -31 -42 -83 -71
-6 -3 -5 -11 31 50 -19 -31 -31 -35 4 -7
Net Cash Flow 1 1 0 5 -2 3 0 -3 7 -8 -2 7