Zuari Agro Chemicals Ltd

₹ 111 0.50%
Jan 25 9:42 a.m.
About

Zuari Agro Chemicals is engaged in the business of manufacturing, trading and marketing of chemical fertilizers, water soluble fertilizers, seeds, pesticides and fertilizer products.

  • Market Cap 469 Cr.
  • Current Price 111
  • High / Low 159 / 82.1
  • Stock P/E
  • Book Value -30.6
  • Dividend Yield 0.00 %
  • ROCE -9.27 %
  • ROE -5,821 %
  • Face Value 10.0

Pros

  • Debtor days have improved from 2060.95 to 33.18 days.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -88.41% over past five years.
  • Company has a low return on equity of -162.20% for last 3 years.
  • Contingent liabilities of Rs.169.89 Cr.
  • Promoters have pledged 29.96% of their holding.
  • Earnings include an other income of Rs.67.81 Cr.

* 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

Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021
908.14 1,333.04 1,059.29 404.40 150.47 1.52 0.11 0.00 0.00 0.00 0.00 31.95
899.69 1,356.67 1,072.88 543.24 310.76 171.38 83.64 36.94 34.09 10.10 2.33 34.10
Operating Profit 8.45 -23.63 -13.59 -138.84 -160.29 -169.86 -83.53 -36.94 -34.09 -10.10 -2.33 -2.15
OPM % 0.93% -1.77% -1.28% -34.33% -106.53% -11,175.00% -75,936.36% -6.73%
Other Income 34.71 -100.18 16.94 18.87 24.06 718.91 9.03 5.74 9.15 25.63 5.56 27.47
Interest 101.39 116.17 116.37 122.05 89.85 44.43 34.98 33.13 33.31 16.93 30.43 31.44
Depreciation 11.61 10.31 11.28 13.43 12.56 4.55 0.98 0.92 0.89 0.88 0.87 0.90
Profit before tax -69.84 -250.29 -124.30 -255.45 -238.64 500.07 -110.46 -65.25 -59.14 -2.28 -28.07 -7.02
Tax % 2.16% 1.37% 0.00% 0.00% 45.55% 36.02% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Profit -68.33 -246.86 -124.30 -255.45 -129.93 319.95 -110.46 -65.25 -59.14 -2.28 -28.07 -7.02
EPS in Rs -16.25 -58.70 -29.55 -60.74 -30.89 76.07 -26.26 -15.51 -14.06 -0.54 -6.67 -1.67

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 TTM
0 0 6,181 5,233 5,173 5,504 5,264 4,077 4,648 4,731 50 0 32
0 0 5,951 5,025 4,996 5,281 5,071 3,780 4,303 4,639 634 165 81
Operating Profit -0 0 229 208 177 223 193 296 344 92 -584 -165 -49
OPM % 4% 4% 3% 4% 4% 7% 7% 2% -1,162% -149,673% -152%
Other Income 0 0 55 57 125 49 103 -7 53 -23 758 50 68
Interest 0 0 116 210 260 233 301 330 316 377 157 118 112
Depreciation 0 0 18 24 21 18 32 39 43 43 8 4 4
Profit before tax -0 0 150 30 21 21 -37 -80 39 -351 10 -237 -97
Tax % 0% 31% 20% -26% 40% 75% 24% 22% 6% 2,090% 0%
Net Profit -0 0 103 24 26 12 -9 -60 30 -329 -189 -237 -97
EPS in Rs 0.00 81.78 5.81 6.22 2.94 -2.15 -14.35 7.21 -78.21 -45.00 -56.38 -22.94
Dividend Payout % 0% 4% 52% 48% 68% -93% -7% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: -88%
3 Years: -97%
TTM: -79%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 81%
Stock Price CAGR
10 Years: %
5 Years: -21%
3 Years: -20%
1 Year: 17%
Return on Equity
10 Years: -18%
5 Years: -53%
3 Years: -162%
Last Year: -5821%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Sep 2021
0 2 42 42 42 42 42 42 42 42 42 42 42
Reserves -0 -0 743 752 764 761 747 620 632 274 75 -151 -171
Borrowings 0 0 2,965 2,914 2,614 2,382 3,353 3,096 3,140 3,521 1,804 909 1,633
0 0 947 674 956 1,244 764 949 1,246 1,869 1,735 2,428 1,780
Total Liabilities 0 2 4,667 4,382 4,376 4,430 4,906 4,707 5,060 5,706 3,656 3,229 3,283
0 0 190 188 236 266 369 487 506 545 493 80 78
CWIP 0 0 20 81 78 98 89 129 114 119 121 0 0
Investments 0 0 198 198 329 329 371 911 886 751 1,175 1,184 1,544
0 2 4,260 3,916 3,733 3,737 4,078 3,180 3,554 4,291 1,868 1,965 1,661
Total Assets 0 2 4,667 4,382 4,376 4,430 4,906 4,707 5,060 5,706 3,656 3,229 3,283

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
0 -2 -1,540 103 357 639 -397 786 279 -76 2,065 525
0 0 -47 -106 -32 -237 -374 -2 -17 -39 56 -83
0 2 1,920 -173 -481 -403 773 -785 -235 89 -2,076 -437
Net Cash Flow 0 0 332 -176 -155 -1 2 -1 27 -26 45 4

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Debtor Days 174 207 202 176 188 198 173 186 5,964 33
Inventory Days 51 51 51 48 37 55 71 124 2,396 9,380
Days Payable 52 41 53 80 45 74 99 151 13,217 131,144
Cash Conversion Cycle 173 216 200 143 180 179 145 159 -4,857 -121,731
Working Capital Days 176 211 195 147 191 177 157 167 -608 -2,449,548
ROCE % 0% 14% 6% 6% 8% 8% 8% 10% 4% -19% -9%

Shareholding Pattern

Numbers in percentages

Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021
65.04 65.04 65.04 65.04 65.04 65.04 65.04 65.04 65.04 65.04 65.04 65.04
2.21 2.08 1.06 1.06 0.97 0.90 0.90 0.90 0.90 0.90 0.95 1.05
8.08 8.07 7.34 5.36 5.16 5.10 4.69 3.85 3.06 2.11 2.11 1.77
0.00 0.00 0.00 0.21 0.21 0.21 0.21 0.21 0.23 0.23 0.23 0.28
24.66 24.81 26.56 28.32 28.62 28.75 29.16 29.99 30.76 31.72 31.66 31.86

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