Southern Petrochemicals Industries Corporation Ltd
Southern Petrochemicals Industries Corporation Ltd is engaged in manufacturing and selling Urea and Nitrogenous chemical fertilizer. [1]
- Market Cap ₹ 1,460 Cr.
- Current Price ₹ 71.8
- High / Low ₹ 92.0 / 51.4
- Stock P/E 5.58
- Book Value ₹ 43.5
- Dividend Yield 2.09 %
- ROCE 30.0 %
- ROE 38.0 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 52.3% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.8%
Cons
- The company has delivered a poor sales growth of 7.25% over past five years.
- Tax rate seems low
* 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2,412 | 2,046 | 1,332 | 2,076 | 1,812 | 1,499 | 1,994 | 2,592 | 2,079 | 1,527 | 1,875 | 2,829 | 2,647 | |
2,352 | 3,185 | 1,496 | 2,009 | 1,773 | 1,445 | 1,883 | 2,492 | 1,966 | 1,456 | 1,699 | 2,474 | 2,294 | |
Operating Profit | 60 | -1,139 | -164 | 68 | 39 | 54 | 111 | 100 | 113 | 71 | 176 | 354 | 353 |
OPM % | 2% | -56% | -12% | 3% | 2% | 4% | 6% | 4% | 5% | 5% | 9% | 13% | 13% |
84 | 2,331 | 294 | 9 | 27 | 14 | 7 | 21 | 10 | 28 | 23 | 20 | 20 | |
Interest | 80 | 44 | 21 | 28 | 12 | 11 | 41 | 36 | 34 | 14 | 14 | 31 | 29 |
Depreciation | 44 | 43 | 44 | 30 | 29 | 31 | 40 | 32 | 32 | 38 | 44 | 44 | 42 |
Profit before tax | 20 | 1,105 | 66 | 18 | 25 | 26 | 37 | 53 | 57 | 47 | 140 | 300 | 302 |
Tax % | 132% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -11% | 0% | 5% | |
-6 | 1,105 | 66 | 18 | 25 | 26 | 37 | 53 | 57 | 52 | 140 | 284 | 262 | |
EPS in Rs | -0.38 | 54.27 | 3.23 | 0.86 | 1.22 | 1.29 | 1.83 | 2.62 | 2.80 | 2.55 | 6.90 | 13.97 | 12.85 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 7% | 11% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | 7% |
3 Years: | 11% |
TTM: | 24% |
Compounded Profit Growth | |
---|---|
10 Years: | 22% |
5 Years: | 52% |
3 Years: | 71% |
TTM: | 46% |
Stock Price CAGR | |
---|---|
10 Years: | 23% |
5 Years: | 23% |
3 Years: | 54% |
1 Year: | 32% |
Return on Equity | |
---|---|
10 Years: | 18% |
5 Years: | 24% |
3 Years: | 28% |
Last Year: | 38% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
179 | 216 | 216 | 216 | 216 | 204 | 204 | 204 | 204 | 204 | 204 | 204 | |
Reserves | -1,211 | -78 | -12 | 5 | 30 | 65 | 102 | 144 | 197 | 256 | 411 | 682 |
1,188 | 172 | 468 | 120 | 120 | 536 | 263 | 400 | 408 | 104 | 305 | 401 | |
666 | 409 | 762 | 1,001 | 1,214 | 415 | 867 | 1,264 | 1,251 | 1,100 | 693 | 816 | |
Total Liabilities | 808 | 706 | 1,421 | 1,331 | 1,568 | 1,219 | 1,436 | 2,012 | 2,059 | 1,664 | 1,612 | 2,103 |
448 | 412 | 309 | 300 | 281 | 263 | 247 | 233 | 353 | 525 | 682 | 657 | |
CWIP | 1 | 4 | 7 | 13 | 12 | 23 | 35 | 69 | 26 | 18 | 2 | 1 |
Investments | 43 | 48 | 32 | 32 | 32 | 36 | 35 | 65 | 64 | 59 | 94 | 92 |
317 | 242 | 1,073 | 986 | 1,243 | 898 | 1,119 | 1,645 | 1,616 | 1,062 | 834 | 1,352 | |
Total Assets | 808 | 706 | 1,421 | 1,331 | 1,568 | 1,219 | 1,436 | 2,012 | 2,059 | 1,664 | 1,612 | 2,103 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
43 | 98 | -346 | 389 | 30 | -351 | 330 | 67 | 136 | 360 | -106 | -31 | |
397 | -7 | 14 | -14 | -16 | -17 | -40 | -101 | -151 | -158 | -156 | -16 | |
-475 | -67 | 308 | -381 | -9 | 360 | -290 | 102 | 6 | -188 | 189 | 58 | |
Net Cash Flow | -35 | 25 | -24 | -6 | 5 | -8 | -0 | 69 | -8 | 14 | -73 | 11 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 2 | 2 | 4 | 3 | 13 | 22 | 9 | 2 | 2 | 2 | 0 | 1 |
Inventory Days | 24 | 19 | 85 | 38 | 32 | 106 | 65 | 43 | 42 | 160 | 138 | 40 |
Days Payable | 70 | 54 | 292 | 263 | 394 | 171 | 254 | 276 | 364 | 425 | 150 | 108 |
Cash Conversion Cycle | -44 | -33 | -204 | -221 | -349 | -43 | -180 | -231 | -321 | -263 | -12 | -67 |
Working Capital Days | -97 | -23 | 70 | -4 | -50 | 72 | 21 | 21 | 1 | -66 | -6 | 38 |
ROCE % | 75% | -4% | -4% | 9% | 8% | 6% | 11% | 14% | 12% | 9% | 21% | 30% |
Documents
Announcements
- Intimation on Date of Annual General Meeting/Book Closure/Cut-off date on eligibility for E-Voting 17 Aug
- Record Date for payment of Equity dividend for 2022-23 17 Aug
- Standalone & Consolidated Financial Results, Limited Review Report for June 30, 2023 16 Aug
-
Appointment of Director
29 May - Petrochemicals Industries Corporation Ltd has informed BSE regarding "Appointment of Director".
- Board recommends Dividend 26 May
Annual reports
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2013
from nse
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Financial Year 2012
from bse
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Financial Year 2012
from nse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
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Financial Year 2010
from nse
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Financial Year 2009
from bse
Product Portfolio
The product offerings of the Co. include Primary nutrients, Secondary Nutrients, Water Soluble Fertilisers, Organic Fertilisers, Non-edible deoiled Cake Fertilisers, Bio Pesticides among other agricultural products.[1]