Rashtriya Chemicals & Fertilizers Ltd

Rashtriya Chemicals & Fertilizers Ltd

₹ 234 0.44%
16 Jul 12:14 p.m.
About

Rashtriya Chemicals & Fertilizers is a public sector undertaking (PSU) with 75% stake owned by GOI. Company is engaged in manufacturing and marketing of fertilizers and industrial chemicals.[1]

Key Points

Business Division [1]
Co. operates in two business divisions- Industrial and Fertilizers

  • Market Cap 12,899 Cr.
  • Current Price 234
  • High / Low 245 / 105
  • Stock P/E 65.3
  • Book Value 83.7
  • Dividend Yield 2.27 %
  • ROCE 6.21 %
  • ROE 4.29 %
  • Face Value 10.0

Pros

  • Company has been maintaining a healthy dividend payout of 30.1%

Cons

  • Stock is trading at 2.79 times its book value
  • Company has a low return on equity of 13.6% over last 3 years.
  • Earnings include an other income of Rs.206 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: Fertilizers Industry: Fertilizers

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
2,295 2,391 2,612 3,699 4,110 4,957 5,576 6,235 4,684 4,043 4,155 4,904 3,880
2,043 2,184 2,427 3,472 3,736 4,523 5,171 5,797 4,487 3,914 4,049 4,819 3,684
Operating Profit 252 207 185 227 374 433 405 438 197 129 106 84 195
OPM % 11% 9% 7% 6% 9% 9% 7% 7% 4% 3% 3% 2% 5%
46 154 36 39 31 61 22 38 116 58 67 37 44
Interest 36 31 17 27 52 50 59 70 44 39 44 48 52
Depreciation 46 45 46 45 47 45 56 51 59 56 56 56 64
Profit before tax 216 285 158 194 306 399 311 355 209 92 73 17 122
Tax % 26% 25% 27% 27% 24% 26% 17% 32% 18% 26% 29% 36% 20%
161 213 116 142 234 295 257 243 171 68 52 10 98
EPS in Rs 2.92 3.86 2.11 2.57 4.23 5.35 4.67 4.41 3.11 1.23 0.94 0.19 1.77
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
6,751 6,559 7,691 8,099 7,099 7,255 8,885 9,698 8,281 12,812 21,452 16,981
6,161 5,990 6,871 7,624 6,680 6,986 8,442 9,110 7,527 11,818 19,967 16,467
Operating Profit 590 570 820 475 419 268 443 588 754 994 1,484 515
OPM % 9% 9% 11% 6% 6% 4% 5% 6% 9% 8% 7% 3%
93 72 66 84 66 61 104 26 131 263 236 206
Interest 129 133 118 147 96 64 157 239 181 130 234 184
Depreciation 173 142 258 148 141 137 156 171 175 184 212 233
Profit before tax 380 367 510 265 249 128 235 203 528 944 1,274 304
Tax % 26% 32% 37% 35% 28% 39% 41% -3% 28% 25% 24% 25%
281 250 322 173 179 79 139 208 382 704 967 228
EPS in Rs 5.09 4.53 5.84 3.13 3.25 1.43 2.52 3.77 6.92 12.77 17.53 4.13
Dividend Payout % 29% 33% 31% 35% 34% 42% 31% 75% 43% 30% 30% 30%
Compounded Sales Growth
10 Years: 10%
5 Years: 14%
3 Years: 27%
TTM: -21%
Compounded Profit Growth
10 Years: -2%
5 Years: 9%
3 Years: -19%
TTM: -78%
Stock Price CAGR
10 Years: 16%
5 Years: 33%
3 Years: 41%
1 Year: 104%
Return on Equity
10 Years: 10%
5 Years: 12%
3 Years: 14%
Last Year: 4%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 552 552 552 552 552 552 552 552 552 552 552 552
Reserves 1,804 1,957 2,159 2,265 2,373 2,378 2,483 2,635 2,805 3,338 4,047 4,065
1,726 1,739 1,956 2,997 1,769 1,331 3,462 4,814 2,079 2,979 1,877 3,297
1,747 1,372 1,564 1,858 1,866 2,087 2,452 2,316 2,240 3,698 3,267 3,553
Total Liabilities 5,829 5,620 6,230 7,672 6,559 6,348 8,948 10,317 7,675 10,566 9,742 11,466
1,417 1,620 1,500 1,507 1,547 1,910 1,950 2,130 2,182 2,134 2,543 2,558
CWIP 184 77 61 150 107 152 276 433 406 513 211 431
Investments 18 18 0 49 45 62 86 263 650 942 1,002 1,002
4,210 3,905 4,669 5,966 4,860 4,223 6,636 7,490 4,437 6,977 5,986 7,475
Total Assets 5,829 5,620 6,230 7,672 6,559 6,348 8,948 10,317 7,675 10,566 9,742 11,466

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-549 314 227 -633 1,595 1,078 -1,636 -522 5,211 -592 787 -422
229 -82 -216 -259 -180 -496 -310 -531 -610 -379 -316 -464
268 -208 4 811 -1,406 -588 1,945 1,052 -3,131 599 -1,560 1,032
Net Cash Flow -52 24 15 -82 9 -5 -2 -1 1,470 -372 -1,088 145

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 139 154 156 195 187 144 187 171 64 86 44 76
Inventory Days 130 94 101 122 97 90 139 78 82 138 80 93
Days Payable 80 58 60 63 75 82 106 80 91 137 61 70
Cash Conversion Cycle 190 191 198 254 209 151 220 170 55 87 63 100
Working Capital Days 134 147 150 185 163 126 185 207 52 69 49 80
ROCE % 14% 12% 14% 8% 7% 4% 7% 8% 10% 15% 21% 6%

Shareholding Pattern

Numbers in percentages

32 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
1.04% 1.20% 1.57% 2.95% 3.07% 2.97% 2.37% 2.27% 2.55% 2.92% 2.58% 2.40%
0.30% 0.31% 0.30% 0.30% 0.66% 1.13% 1.17% 0.35% 0.34% 0.35% 0.34% 0.35%
23.66% 23.49% 23.12% 21.75% 21.27% 20.88% 21.46% 22.37% 22.10% 21.74% 22.08% 22.25%
No. of Shareholders 2,35,2302,34,7512,25,8072,35,5192,23,0872,15,6492,33,5732,40,8782,40,2982,60,1822,93,1603,18,133

* 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.

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