Southern Petrochemicals Industries Corporation Ltd
Southern Petrochemicals Industries Corporation Ltd is engaged in manufacturing and selling Urea and Nitrogenous chemical fertilizer. [1]
- Market Cap ₹ 1,341 Cr.
- Current Price ₹ 65.8
- High / Low ₹ 92.0 / 40.8
- Stock P/E 4.48
- Book Value ₹ 48.4
- Dividend Yield 0.00 %
- ROCE 29.5 %
- ROE 35.8 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 47.4% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.1%
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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2,713 | 2,344 | 1,574 | 2,237 | 1,931 | 1,499 | 1,994 | 2,592 | 2,079 | 1,527 | 1,875 | 2,829 | |
2,600 | 2,311 | 1,662 | 2,174 | 1,891 | 1,445 | 1,883 | 2,492 | 1,966 | 1,456 | 1,699 | 2,475 | |
Operating Profit | 113 | 33 | -88 | 63 | 40 | 54 | 111 | 100 | 113 | 71 | 176 | 354 |
OPM % | 4% | 1% | -6% | 3% | 2% | 4% | 6% | 4% | 5% | 5% | 9% | 13% |
60 | 1,177 | 215 | 11 | 38 | 50 | 20 | 34 | 24 | 58 | 56 | 42 | |
Interest | 88 | 55 | 31 | 32 | 15 | 11 | 41 | 36 | 34 | 14 | 14 | 31 |
Depreciation | 60 | 62 | 60 | 34 | 32 | 31 | 40 | 32 | 32 | 38 | 44 | 44 |
Profit before tax | 25 | 1,094 | 37 | 8 | 31 | 63 | 50 | 66 | 70 | 77 | 174 | 321 |
Tax % | 106% | -0% | -9% | -37% | 0% | 9% | 9% | 4% | 4% | 4% | 6% | 6% |
Net Profit | -2 | 1,098 | 39 | 10 | 31 | 57 | 45 | 63 | 67 | 74 | 163 | 301 |
EPS in Rs | -0.13 | 54.00 | 1.91 | 0.51 | 1.52 | 2.81 | 2.23 | 3.09 | 3.31 | 3.64 | 8.02 | 14.77 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 6% | 10% |
Compounded Sales Growth | |
---|---|
10 Years: | 2% |
5 Years: | 7% |
3 Years: | 11% |
TTM: | 51% |
Compounded Profit Growth | |
---|---|
10 Years: | 21% |
5 Years: | 47% |
3 Years: | 65% |
TTM: | 84% |
Stock Price CAGR | |
---|---|
10 Years: | 18% |
5 Years: | 17% |
3 Years: | 57% |
1 Year: | 18% |
Return on Equity | |
---|---|
10 Years: | 18% |
5 Years: | 25% |
3 Years: | 28% |
Last Year: | 36% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | -1,119 | 7 | 34 | 42 | 73 | 96 | 141 | 167 | 231 | 312 | 490 | 782 |
1,252 | 236 | 490 | 137 | 130 | 536 | 263 | 400 | 408 | 104 | 305 | 401 | |
782 | 527 | 810 | 1,046 | 1,241 | 415 | 867 | 1,264 | 1,251 | 1,100 | 693 | 815 | |
Total Liabilities | 1,082 | 973 | 1,537 | 1,429 | 1,648 | 1,250 | 1,475 | 2,035 | 2,093 | 1,720 | 1,692 | 2,202 |
631 | 587 | 360 | 344 | 324 | 263 | 247 | 233 | 353 | 525 | 682 | 657 | |
CWIP | 34 | 23 | 26 | 33 | 27 | 23 | 35 | 69 | 26 | 18 | 2 | 1 |
Investments | 3 | 12 | 11 | 10 | 10 | 66 | 74 | 88 | 98 | 114 | 174 | 192 |
414 | 352 | 1,140 | 1,042 | 1,286 | 898 | 1,119 | 1,645 | 1,616 | 1,062 | 834 | 1,352 | |
Total Assets | 1,082 | 973 | 1,537 | 1,429 | 1,648 | 1,250 | 1,475 | 2,035 | 2,093 | 1,720 | 1,692 | 2,202 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
65 | 101 | -323 | 394 | 43 | -348 | 330 | 67 | 136 | 361 | -113 | -31 | |
374 | 8 | 6 | -6 | -13 | -20 | -40 | -101 | -151 | -159 | -149 | -16 | |
-475 | -78 | 292 | -394 | -18 | 360 | -290 | 102 | 6 | -188 | 189 | 58 | |
Net Cash Flow | -37 | 32 | -25 | -6 | 12 | -8 | -0 | 69 | -8 | 14 | -73 | 11 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 4 | 6 | 7 | 5 | 13 | 22 | 9 | 2 | 2 | 2 | 0 | 1 |
Inventory Days | 31 | 30 | 83 | 39 | 33 | 106 | 65 | 43 | 42 | 160 | 138 | 40 |
Days Payable | 70 | 59 | 259 | 248 | 373 | 171 | 254 | 276 | 364 | 425 | 150 | 108 |
Cash Conversion Cycle | -34 | -23 | -170 | -204 | -327 | -43 | -180 | -231 | -321 | -263 | -12 | -67 |
Working Capital Days | -83 | -16 | 62 | -4 | -46 | 72 | 21 | 21 | 1 | -66 | -6 | 41 |
ROCE % | 18% | -3% | -3% | 7% | 7% | 7% | 12% | 15% | 13% | 13% | 23% | 30% |
Documents
Announcements
-
Appointment of Director
29 May - Petrochemicals Industries Corporation Ltd has informed BSE regarding "Appointment of Director".
- Board recommends Dividend 26 May
- Standalone & Consolidated Financial Results, Auditors Report for March 31, 2023 26 May
-
Appointment of Director
31 Mar - Petrochemicals Industries Corporation Ltd has informed BSE regarding "Appointment of Director".
- Standalone & Consolidated Financial Results, Limited Review Report for December 31, 2022 13 Feb
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]