Southern Petrochemicals Industries Corporation Ltd

Southern Petrochemicals Industries Corporation Ltd

₹ 71.8 -2.84%
04 Oct - close price
About

Southern Petrochemicals Industries Corporation Ltd is engaged in manufacturing and selling Urea and Nitrogenous chemical fertilizer. [1]

Key Points

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]

  • 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023
320 429 427 351 499 616 492 268 751 708 699 672 569
305 415 413 323 456 541 429 274 668 586 601 620 487
Operating Profit 15 14 13 28 43 75 63 -5 83 122 97 51 82
OPM % 5% 3% 3% 8% 9% 12% 13% -2% 11% 17% 14% 8% 14%
0 4 3 22 0 1 5 16 2 4 9 5 2
Interest 3 5 5 1 3 8 2 1 7 7 11 7 5
Depreciation 9 9 9 10 13 14 15 2 12 11 11 10 10
Profit before tax 3 4 2 37 28 54 51 8 67 109 85 39 69
Tax % 0% 0% 0% -14% 0% 0% 0% 0% 0% 0% 0% 39% 37%
3 4 2 42 28 54 51 8 67 109 85 24 44
EPS in Rs 0.14 0.20 0.12 2.09 1.36 2.63 2.53 0.38 3.28 5.35 4.18 1.16 2.16
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

Shareholding pattern is currently not available for this company.

Documents