Sudarshan Chemical Industries Ltd

About [ edit ]

Sudarshan Chemical Industries is manufactures and sells a wide range of Organic and Inorganic Pigments, Effect Pigments. The Group also manufactures Pollution Control Equipment, Size Reduction Equipment and Grinding Equipments for industrial applications.(Source : 202003 Annual Report Page No:203)

  • Market Cap 3,624 Cr.
  • Current Price 523
  • High / Low 562 / 286
  • Stock P/E 31.5
  • Book Value 93.6
  • Dividend Yield 1.11 %
  • ROCE 17.6 %
  • ROE 22.3 %
  • Face Value 2.00

Pros

  • Company has been maintaining a healthy dividend payout of 29.85%

Cons

  • Promoter holding has decreased by -2.63% over last quarter
  • The company has delivered a poor sales growth of 7.22% over past five years.
  • Company might be capitalizing the interest cost

Peer comparison

Sector: Chemicals Industry: Dyes And Pigments

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2008 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
121 360 363 391 430 411 425 424 449 352 429 506
118 311 316 351 366 348 359 361 395 299 361 427
Operating Profit 3 49 46 40 64 63 66 63 54 53 68 80
OPM % 2% 14% 13% 10% 15% 15% 16% 15% 12% 15% 16% 16%
Other Income 1 72 7 2 4 20 1 -1 1 0 2 3
Interest 0 4 3 5 5 4 4 4 3 4 5 5
Depreciation 0 16 16 17 17 17 17 18 22 22 22 22
Profit before tax 3 102 35 21 46 62 47 41 30 28 42 56
Tax % 0% 34% 31% 13% 43% 31% 2% 30% 10% 35% 29% 30%
Net Profit 3 67 25 18 26 43 46 28 27 18 30 39
EPS in Rs 0.51 9.64 3.55 2.59 3.73 6.17 6.68 4.09 3.94 2.63 4.38 5.66
Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
451 579 715 791 863 1,106 1,205 1,401 1,282 1,329 1,593 1,708 1,737
404 504 628 706 784 974 1,075 1,232 1,093 1,139 1,387 1,460 1,482
Operating Profit 47 75 87 86 80 133 131 170 189 191 206 248 254
OPM % 10% 13% 12% 11% 9% 12% 11% 12% 15% 14% 13% 15% 15%
Other Income 4 11 13 4 7 2 23 14 25 15 82 22 6
Interest 16 11 13 24 34 43 41 37 30 25 19 16 17
Depreciation 14 14 14 18 26 37 42 48 49 58 66 74 87
Profit before tax 22 61 72 48 26 55 72 99 136 123 203 180 157
Tax % 44% 33% 33% 29% 15% 37% 24% 29% 25% 31% 33% 20%
Net Profit 12 41 48 34 22 35 54 70 101 85 135 145 115
EPS in Rs 1.73 5.96 6.99 4.86 3.19 5.08 7.86 10.10 14.64 12.24 19.52 20.88 16.61
Dividend Payout % 46% 21% 18% 26% 39% 30% 22% 30% 24% 29% 31% 30%
Compounded Sales Growth
10 Years:11%
5 Years:7%
3 Years:10%
TTM:3%
Compounded Profit Growth
10 Years:12%
5 Years:19%
3 Years:8%
TTM:-12%
Stock Price CAGR
10 Years:22%
5 Years:43%
3 Years:6%
1 Year:13%
Return on Equity
10 Years:20%
5 Years:22%
3 Years:20%
Last Year:22%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
7 7 7 7 7 7 14 14 14 14 14 14 14
Reserves 97 128 216 237 247 264 249 300 367 426 554 587 634
Borrowings 93 116 203 290 437 440 433 430 433 431 367 501 505
78 112 139 185 189 217 317 346 379 433 424 523 542
Total Liabilities 275 362 565 719 880 929 1,012 1,090 1,193 1,304 1,358 1,624 1,695
91 99 145 229 319 327 333 358 452 475 465 627 617
CWIP 5 11 31 17 23 7 8 15 8 6 24 48 126
Investments 0 2 0 0 0 0 0 0 0 0 0 1 1
179 250 388 473 538 594 671 716 733 822 869 948 951
Total Assets 275 362 565 719 880 929 1,012 1,090 1,193 1,304 1,358 1,624 1,695

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
49 25 2 52 25 48 112 164 163 148 71 263
-20 -30 -70 -87 -120 -28 -61 -83 -135 -87 -27 -220
-29 7 72 59 101 -48 -43 -81 -38 -62 -48 -39
Net Cash Flow 0 1 4 23 7 -27 8 -0 -10 -2 -3 3

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 20% 33% 22% 15% 10% 14% 16% 19% 22% 18% 17% 18%
Debtor Days 62 86 87 89 89 85 96 92 98 92 79 78
Inventory Turnover 3.83 4.44 3.54 2.80 2.63 2.98 3.16 3.57 3.06 3.18 3.52 2.94

Shareholding Pattern

Numbers in percentages

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
52.89 52.89 52.89 52.89 52.89 52.89 52.89 52.32 42.66 42.66 42.66 40.03
5.90 5.93 6.07 6.16 6.18 6.18 8.20 8.33 8.20 8.34 8.14 9.31
3.21 3.46 3.50 3.56 3.68 3.72 1.71 1.62 3.62 3.20 4.24 6.74
37.99 37.71 37.54 37.39 37.25 37.21 37.19 37.74 45.53 45.81 44.96 43.91

Documents

Add document