Southern Petrochemicals Industries Corporation Ltd

Southern Petrochemicals Industries Corporation Ltd

₹ 79.7 0.26%
14 Jun - 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 1,623 Cr.
  • Current Price 79.7
  • High / Low 108 / 62.0
  • Stock P/E 11.2
  • Book Value 52.8
  • Dividend Yield 1.88 %
  • ROCE 17.5 %
  • ROE 14.1 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 18.2% CAGR over last 5 years

Cons

  • The company has delivered a poor sales growth of -5.59% over past five years.

* 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

Consolidated Figures in Rs. Crores / View Standalone

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
351 499 616 492 268 751 708 699 672 569 744 506 125
329 456 541 429 274 668 586 601 620 487 659 450 98
Operating Profit 22 43 75 63 -5 83 122 97 51 82 85 56 27
OPM % 6% 9% 12% 13% -2% 11% 17% 14% 8% 14% 11% 11% 22%
38 13 12 16 15 9 11 14 7 11 12 14 -36
Interest 1 3 8 2 1 7 7 11 7 5 8 8 21
Depreciation 10 13 14 15 2 12 11 11 10 10 10 9 9
Profit before tax 48 40 64 62 7 73 116 90 41 78 80 52 -40
Tax % -1% 8% 4% 4% 25% 2% 2% 1% 39% 34% 34% 36% 39%
49 37 62 60 5 72 114 90 25 51 53 33 -24
EPS in Rs 2.39 1.82 3.02 2.93 0.25 3.53 5.59 4.40 1.25 2.52 2.58 1.63 -1.19
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
2,344 1,574 2,237 1,931 1,499 1,994 2,592 2,079 1,527 1,875 2,829 1,944
2,311 1,662 2,174 1,891 1,445 1,883 2,492 1,966 1,456 1,699 2,474 1,694
Operating Profit 33 -88 63 40 54 111 100 113 71 176 354 249
OPM % 1% -6% 3% 2% 4% 6% 4% 5% 5% 9% 13% 13%
1,177 215 11 38 50 20 34 24 58 56 41 -3
Interest 55 31 32 15 11 41 36 34 14 14 31 38
Depreciation 62 60 34 32 31 40 32 32 38 44 44 38
Profit before tax 1,094 37 8 31 63 50 66 70 77 174 321 170
Tax % -0% -9% -37% 0% 9% 9% 4% 4% 4% 6% 6% 34%
1,098 39 10 31 57 45 63 67 74 163 301 113
EPS in Rs 54.00 1.91 0.51 1.52 2.81 2.23 3.09 3.31 3.64 8.02 14.77 5.55
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 6% 10% 27%
Compounded Sales Growth
10 Years: 2%
5 Years: -6%
3 Years: 8%
TTM: -31%
Compounded Profit Growth
10 Years: 18%
5 Years: 18%
3 Years: 25%
TTM: -52%
Stock Price CAGR
10 Years: 15%
5 Years: 29%
3 Years: 20%
1 Year: 19%
Return on Equity
10 Years: 19%
5 Years: 22%
3 Years: 25%
Last Year: 14%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 204 204 204 204 204 204 204 204 204 204 204 204
Reserves 7 34 42 73 96 141 167 231 312 490 782 872
Preference Capital 12 12 12 12 0 0 0 0 0 0 0
236 490 137 130 536 263 400 408 104 305 401 471
527 810 1,046 1,241 415 867 1,264 1,251 1,100 693 816 216
Total Liabilities 973 1,537 1,429 1,648 1,250 1,475 2,035 2,093 1,720 1,692 2,202 1,763
587 360 344 324 263 247 233 353 525 682 657 652
CWIP 23 26 33 27 23 35 69 26 18 2 1 34
Investments 12 11 10 10 66 74 88 98 114 174 192 36
352 1,140 1,042 1,286 898 1,119 1,645 1,616 1,062 834 1,352 1,041
Total Assets 973 1,537 1,429 1,648 1,250 1,475 2,035 2,093 1,720 1,692 2,202 1,763

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
101 -323 394 43 -348 330 67 136 361 -106 -31 227
8 6 -6 -13 -20 -40 -101 -151 -159 -156 -16 -175
-78 292 -394 -18 360 -290 102 6 -188 189 58 0
Net Cash Flow 32 -25 -6 12 -8 -0 69 -8 14 -73 11 53

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 6 7 5 13 22 9 2 2 2 0 1 3
Inventory Days 30 83 39 33 106 65 43 42 160 138 40 27
Days Payable 59 259 248 373 171 254 276 364 425 150 108 17
Cash Conversion Cycle -23 -170 -204 -327 -43 -180 -231 -321 -263 -12 -67 13
Working Capital Days -16 62 -4 -46 72 21 21 1 -66 -6 38 42
ROCE % -3% -3% 7% 7% 7% 12% 15% 13% 13% 23% 30%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
52.79% 53.27% 53.27% 53.27% 53.27% 53.28% 53.38% 53.38% 53.38% 53.38% 53.38% 53.38%
0.00% 0.00% 0.00% 0.00% 0.00% 0.45% 0.14% 0.28% 0.21% 0.42% 0.50% 0.38%
3.06% 2.54% 2.89% 3.35% 3.00% 2.37% 2.39% 2.37% 2.37% 2.09% 1.68% 1.68%
0.09% 0.09% 0.09% 0.09% 0.09% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
44.06% 44.09% 43.73% 43.28% 43.62% 43.90% 44.09% 43.97% 44.04% 44.10% 44.44% 44.56%
No. of Shareholders 81,14490,10190,72591,25493,90994,42195,82999,1141,00,1441,03,3201,05,8991,24,430

* 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.

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