Laffans Petrochemicals Ltd
₹ 40.4
0.25%
03 Jul
2:56 p.m.
About
Incorporated in 1994, Laffans Petrochemicals Limited is presently engaged in the business of trading in chemicals and API and in commodities arbitrage.
Key Points
- Market Cap ₹ 32.3 Cr.
- Current Price ₹ 40.4
- High / Low ₹ 58.7 / 36.0
- Stock P/E 47.5
- Book Value ₹ 77.0
- Dividend Yield 0.00 %
- ROCE 1.74 %
- ROE 1.13 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.52 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -2.50%
- The company has delivered a poor sales growth of 9.96% over past five years.
- Company has a low return on equity of -2.71% over last 3 years.
- Earnings include an other income of Rs.8.08 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.
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5.72 | 43.97 | 0.65 | 0.41 | 1.98 | 1.57 | 3.77 | 12.18 | 16.80 | 21.94 | 16.66 | 6.06 | |
7.15 | 48.59 | 3.36 | 3.11 | 4.98 | 4.09 | 6.01 | 18.02 | 18.02 | 27.78 | 18.82 | 9.78 | |
Operating Profit | -1.43 | -4.62 | -2.71 | -2.70 | -3.00 | -2.52 | -2.24 | -5.84 | -1.22 | -5.84 | -2.16 | -3.72 |
OPM % | -25.00% | -10.51% | -416.92% | -658.54% | -151.52% | -160.51% | -59.42% | -47.95% | -7.26% | -26.62% | -12.97% | -61.39% |
10.08 | 3.93 | 2.83 | 3.04 | 6.59 | 3.24 | 1.56 | 2.33 | 7.41 | 4.36 | 4.10 | 8.08 | |
Interest | 0.01 | 0.01 | 0.00 | 0.00 | 0.06 | 0.03 | 0.07 | 0.07 | 0.12 | 0.13 | 0.10 | 0.06 |
Depreciation | 0.09 | 0.09 | 0.12 | 0.14 | 0.14 | 0.19 | 0.34 | 0.37 | 0.45 | 0.47 | 0.47 | 0.51 |
Profit before tax | 8.55 | -0.79 | 0.00 | 0.20 | 3.39 | 0.50 | -1.09 | -3.95 | 5.62 | -2.08 | 1.37 | 3.79 |
Tax % | 15.79% | 55.70% | 5.00% | -1.47% | -36.00% | 22.02% | 0.00% | 40.57% | 15.87% | 41.61% | 31.40% | |
7.20 | -0.35 | -0.04 | 0.19 | 3.44 | 0.68 | -0.85 | -3.96 | 3.33 | -1.75 | 0.79 | 2.60 | |
EPS in Rs | 9.00 | -0.44 | -0.05 | 0.24 | 4.30 | 0.85 | -1.06 | -4.95 | 4.16 | -2.19 | 0.99 | 3.25 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -18% |
5 Years: | 10% |
3 Years: | -29% |
TTM: | -64% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | 21% |
3 Years: | -34% |
TTM: | 8% |
Stock Price CAGR | |
---|---|
10 Years: | 14% |
5 Years: | 23% |
3 Years: | 19% |
1 Year: | 2% |
Return on Equity | |
---|---|
10 Years: | -2% |
5 Years: | -2% |
3 Years: | -3% |
Last Year: | 1% |
Balance Sheet
Figures in Rs. Crores
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 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 |
Reserves | 45.98 | 45.63 | 45.60 | 45.79 | 52.78 | 53.46 | 52.60 | 48.64 | 51.98 | 50.22 | 51.02 | 53.62 |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.45 | 0.00 | 0.00 | 0.00 | 0.00 | 0.55 | 0.38 | |
1.55 | 1.74 | 1.42 | 1.65 | 1.54 | 1.78 | 1.43 | 4.08 | 8.13 | 4.11 | 2.52 | 3.61 | |
Total Liabilities | 55.53 | 55.37 | 55.02 | 55.44 | 62.32 | 63.69 | 62.03 | 60.72 | 68.11 | 62.33 | 62.09 | 65.61 |
1.37 | 1.31 | 1.38 | 1.26 | 1.21 | 1.77 | 8.02 | 7.78 | 7.44 | 7.04 | 7.42 | 6.96 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 44.62 | 40.11 | 40.74 | 41.89 | 53.06 | 51.63 | 44.22 | 42.72 | 48.56 | 50.96 | 51.24 | 50.20 |
9.54 | 13.95 | 12.90 | 12.29 | 8.05 | 10.29 | 9.79 | 10.22 | 12.11 | 4.33 | 3.43 | 8.45 | |
Total Assets | 55.53 | 55.37 | 55.02 | 55.44 | 62.32 | 63.69 | 62.03 | 60.72 | 68.11 | 62.33 | 62.09 | 65.61 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-7.20 | -6.22 | -1.15 | -1.07 | -2.69 | -1.60 | 6.49 | -0.43 | -0.51 | -0.71 | 0.51 | -1.79 | |
0.37 | 8.28 | 1.45 | 1.32 | 0.39 | 1.17 | -5.92 | 0.53 | 0.12 | 0.56 | -0.29 | 0.97 | |
0.00 | 0.00 | 0.00 | 0.00 | -0.06 | 0.42 | -0.51 | -0.08 | 0.12 | 0.13 | 0.58 | -0.01 | |
Net Cash Flow | -6.83 | 2.06 | 0.29 | 0.25 | -2.36 | -0.01 | 0.05 | 0.03 | -0.27 | -0.02 | 0.81 | -0.83 |
Ratios
Figures in Rs. Crores
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 | 1.28 | 37.77 | 1,948.54 | 2,287.93 | 210.15 | 211.56 | 23.24 | 85.71 | 113.41 | 41.42 | 0.00 | 0.00 |
Inventory Days | 274.12 | 2.14 | 0.00 | 0.00 | 0.00 | 0.00 | 90.50 | 0.00 | 0.00 | 0.00 | 0.00 | 60.12 |
Days Payable | 11.73 | 2.48 | 20.11 | 2.43 | ||||||||
Cash Conversion Cycle | 263.67 | 37.43 | 1,948.54 | 2,287.93 | 210.15 | 211.56 | 93.62 | 85.71 | 113.41 | 41.42 | 0.00 | 57.70 |
Working Capital Days | 144.85 | 27.48 | 1,285.92 | 1,014.88 | -20.28 | 239.46 | 27.11 | 4.50 | -11.51 | -4.66 | -32.64 | 45.78 |
ROCE % | -1.63% | -8.51% | -4.22% | -3.93% | 2.72% | -0.59% | -2.14% | -7.56% | 7.03% | -10.71% | 2.04% | 1.74% |
Documents
Announcements
- Intimation Of Closure Of Trading Window For Quarter Ending June 2024 28 Jun
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
21 Jun - Submitting publication of newspaper of the notice convening the 31st Annual General Meeting.
- Notice Convening The 31St AGM Of Shareholders On Friday, 12Th July, 2024 At 03:00 P.M. At Golden Industrial Estate, Plot No 28/B, Asian Paints Jitali Road, Village:- Jitali, Taluka Ankleshwar, Dist:- Bharuch, Gujarat And The Integrated Annual Report 2023-24 21 Jun
-
Announcement under Regulation 30 (LODR)-Change in Management
19 Jun - The Board in its meeting held on 18 june 2024 has appointed Mr. Roshan Narayandas Chowdhry as additional independent director of the company. Your are …
- Board Meeting Outcome for Outcome Of Board Meeting Dated Tuesday, June 18, 2024 In Accordance With SEBI (LODR) Regulations, 2015 19 Jun
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
from bse
Business Overview:[1]
Company was engaged in manufacturing of petrochemicals products. In 2011, company sold its manufacturing unit, thereafter operating in the business of trading in specialty chemicals on whole sale basis through its various distributors.