Diamines & Chemicals Ltd

Diamines & Chemicals Ltd

₹ 500 0.66%
20 Dec 12:55 p.m.
About

Incorporated in 1976, Diamines and Chemicals Ltd is in the business of manufacturing and marketing of organic chemicals compounds[1]

Key Points

Business Overview:[1]
DCL is an ISO 9001:2015, ISO 9001:2015, ISO 14001:2015 & ISO 45001:2018, and DSIR-certified sole manufacturer of ethylene amines in India. It also manufactures Piperazine Anhydrous and Piperazine Solutions.

  • Market Cap 489 Cr.
  • Current Price 500
  • High / Low 693 / 446
  • Stock P/E 58.6
  • Book Value 170
  • Dividend Yield 0.50 %
  • ROCE 16.9 %
  • ROE 12.4 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 21.7%

Cons

* 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: Chemicals Industry: Chemicals

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
14.12 16.86 20.30 23.02 26.98 24.87 35.69 31.70 19.92 23.03 29.38 16.83 19.15
9.52 13.40 10.73 8.33 10.61 12.74 23.12 22.03 14.71 18.01 25.09 17.92 15.40
Operating Profit 4.60 3.46 9.57 14.69 16.37 12.13 12.57 9.67 5.21 5.02 4.29 -1.09 3.75
OPM % 32.58% 20.52% 47.14% 63.81% 60.67% 48.77% 35.22% 30.50% 26.15% 21.80% 14.60% -6.48% 19.58%
0.39 0.39 0.55 0.56 0.66 0.54 0.99 0.71 0.63 0.63 0.76 0.79 0.95
Interest 0.03 0.03 0.02 0.04 0.02 0.04 0.05 0.04 0.04 0.07 0.04 0.01 0.04
Depreciation 0.42 0.45 0.38 0.42 0.44 0.41 0.43 0.46 0.65 0.89 0.67 0.78 0.80
Profit before tax 4.54 3.37 9.72 14.79 16.57 12.22 13.08 9.88 5.15 4.69 4.34 -1.09 3.86
Tax % 25.77% 26.41% 26.23% 25.49% 25.29% 26.43% 24.85% 27.83% 22.33% 27.51% 25.58% 10.09% 24.61%
3.36 2.48 7.16 11.03 12.38 8.98 9.83 7.14 4.00 3.40 3.23 -1.19 2.91
EPS in Rs 3.43 2.53 7.32 11.27 12.65 9.18 10.05 7.30 4.09 3.48 3.30 -1.22 2.97
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
57.40 43.94 39.09 35.58 34.78 38.51 47.32 69.30 62.82 65.97 110.34 103.98 88.39
49.28 38.04 34.12 31.12 25.44 26.92 28.38 34.07 37.66 43.89 54.48 79.79 76.42
Operating Profit 8.12 5.90 4.97 4.46 9.34 11.59 18.94 35.23 25.16 22.08 55.86 24.19 11.97
OPM % 14.15% 13.43% 12.71% 12.54% 26.85% 30.10% 40.03% 50.84% 40.05% 33.47% 50.63% 23.26% 13.54%
0.23 0.30 0.18 0.36 0.07 -1.08 0.96 2.09 2.55 1.79 2.65 2.73 3.13
Interest 3.81 2.98 3.41 2.75 1.73 0.32 0.07 0.08 0.08 0.09 0.14 0.19 0.16
Depreciation 2.39 2.43 2.03 1.99 1.95 1.95 2.01 2.06 1.79 1.67 1.71 2.66 3.14
Profit before tax 2.15 0.79 -0.29 0.08 5.73 8.24 17.82 35.18 25.84 22.11 56.66 24.07 11.80
Tax % 20.93% 5.06% 431.03% -212.50% 16.40% 13.96% 26.32% 31.81% 18.61% 24.33% 25.50% 26.17%
1.70 0.75 -1.55 0.25 4.80 7.09 13.13 23.99 21.03 16.72 42.22 17.77 8.35
EPS in Rs 1.74 0.77 -1.58 0.26 4.91 7.25 13.42 24.52 21.50 17.09 43.16 18.16 8.53
Dividend Payout % 28.76% 0.00% 0.00% 0.00% 30.56% 34.49% 37.24% 32.61% 23.25% 17.55% 6.95% 13.76%
Compounded Sales Growth
10 Years: 9%
5 Years: 17%
3 Years: 18%
TTM: -21%
Compounded Profit Growth
10 Years: 37%
5 Years: 6%
3 Years: -6%
TTM: -72%
Stock Price CAGR
10 Years: 31%
5 Years: 34%
3 Years: 27%
1 Year: -11%
Return on Equity
10 Years: 22%
5 Years: 25%
3 Years: 22%
Last Year: 12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 9.78 9.78 9.78 9.78 9.78 9.78 9.78 9.78 9.78 9.78 9.78 9.78 9.78
Reserves 24.68 25.33 23.58 23.84 27.79 32.83 39.03 55.40 75.24 90.46 125.10 140.99 156.68
19.53 19.75 20.10 15.56 6.96 0.00 1.99 0.00 0.30 0.00 0.00 0.00 4.43
11.91 10.35 10.04 8.64 9.47 10.04 11.14 11.16 9.49 10.35 16.56 14.41 17.38
Total Liabilities 65.90 65.21 63.50 57.82 54.00 52.65 61.94 76.34 94.81 110.59 151.44 165.18 188.27
33.23 31.51 29.30 27.33 25.45 24.14 24.45 20.41 22.47 37.55 26.89 50.38 49.60
CWIP 0.42 0.00 0.00 0.00 0.21 0.52 0.79 1.16 0.15 1.88 21.39 0.83 1.48
Investments 0.15 0.15 0.15 0.13 0.93 0.66 0.25 2.07 5.99 12.87 26.76 29.63 34.16
32.10 33.55 34.05 30.36 27.41 27.33 36.45 52.70 66.20 58.29 76.40 84.34 103.03
Total Assets 65.90 65.21 63.50 57.82 54.00 52.65 61.94 76.34 94.81 110.59 151.44 165.18 188.27

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
15.32 5.60 4.66 7.27 8.88 9.92 12.50 25.95 15.37 27.31 16.31 19.73
-4.61 -2.29 -1.65 -0.06 0.65 -2.91 -8.51 -13.04 -14.98 -21.64 -8.57 -16.65
-10.78 -3.33 -3.06 -7.29 -9.55 -6.54 -4.57 -9.17 -3.69 -5.28 -6.01 -3.13
Net Cash Flow -0.07 -0.02 -0.06 -0.08 -0.02 0.47 -0.59 3.75 -3.29 0.39 1.73 -0.05

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 65.75 67.04 72.74 75.71 86.58 74.88 59.01 65.78 54.79 55.44 75.72 58.62
Inventory Days 122.26 184.13 192.70 155.05 195.07 185.25 301.04 197.45 283.59 43.30 233.57 135.03
Days Payable 58.39 66.67 54.67 34.46 48.26 100.47 131.14 80.67 64.90 44.80 104.92 40.17
Cash Conversion Cycle 129.62 184.50 210.77 196.31 233.39 159.66 228.91 182.56 273.47 53.93 204.37 153.48
Working Capital Days 85.40 110.81 129.79 115.20 199.71 88.43 86.39 75.63 104.53 39.61 97.09 108.08
ROCE % 10.48% 6.93% 5.76% 5.14% 15.92% 23.16% 38.28% 60.68% 34.45% 23.96% 48.40% 16.92%

Shareholding Pattern

Numbers in percentages

4 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
54.37% 54.44% 54.56% 54.56% 54.56% 54.64% 54.64% 54.64% 54.64% 54.87% 54.87% 54.87%
0.00% 0.00% 0.00% 0.11% 0.11% 0.11% 0.00% 0.00% 0.00% 0.04% 0.00% 0.00%
0.04% 0.04% 0.04% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03%
45.60% 45.52% 45.41% 45.30% 45.29% 45.21% 45.33% 45.34% 45.34% 45.07% 45.10% 45.11%
No. of Shareholders 13,50812,85512,45013,19113,18213,08314,37815,80916,09415,48115,17514,478

* 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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