Laffans Petrochemicals Ltd

Laffans Petroch Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Laffans Petrochemicals Ltd

₹ 49.7 2.16%
14 Jan - close price
laffanspetrochemicals.com BSE: 524522
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

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.

Website BSE
  • Market Cap ₹ 39.8 Cr.
  • Current Price ₹ 49.7
  • High / Low ₹ 81.8 / 36.0
  • Stock P/E 6.47
  • Book Value ₹ 85.3
  • Dividend Yield 0.00 %
  • ROCE 1.74 %
  • ROE 1.13 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.58 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • 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.12.3 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: Trading Industry: Trading

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Quarterly Results

Figures in Rs. Crores

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
4.28 7.47 2.64 11.52 2.00 2.42 0.73 0.00 0.91 3.24 1.91 1.20 4.58
4.56 7.78 7.61 12.05 2.77 2.92 1.10 0.69 1.49 3.96 3.63 1.86 5.45
Operating Profit -0.28 -0.31 -4.97 -0.53 -0.77 -0.50 -0.37 -0.69 -0.58 -0.72 -1.72 -0.66 -0.87
OPM % -6.54% -4.15% -188.26% -4.60% -38.50% -20.66% -50.68% -63.74% -22.22% -90.05% -55.00% -19.00%
1.01 0.30 1.95 -0.93 1.57 1.43 2.01 2.86 1.89 3.29 0.04 6.43 2.57
Interest 0.03 0.04 0.02 0.03 0.03 0.01 0.02 0.02 0.02 0.01 0.01 0.03 0.03
Depreciation 0.12 0.12 0.12 0.11 0.11 0.13 0.12 0.13 0.13 0.13 0.13 0.16 0.16
Profit before tax 0.58 -0.17 -3.16 -1.60 0.66 0.79 1.50 2.02 1.16 2.43 -1.82 5.58 1.51
Tax % 25.86% -252.94% -3.48% -6.88% 71.21% -13.92% 21.33% -0.50% 22.41% 10.29% 38.46% 3.94% 25.83%
0.43 0.26 -3.05 -1.50 0.18 0.91 1.18 2.03 0.91 2.18 -2.51 5.36 1.12
EPS in Rs 0.54 0.32 -3.81 -1.88 0.22 1.14 1.48 2.54 1.14 2.72 -3.14 6.70 1.40
Raw PDF

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 TTM
5.72 43.97 0.65 0.41 1.98 1.57 3.77 12.18 16.80 21.94 16.66 6.06 10.93
7.15 48.59 3.36 3.11 4.98 4.09 6.01 18.02 18.02 27.78 18.82 9.78 14.90
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 -3.97
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% -36.32%
10.08 3.93 2.83 3.04 6.59 3.24 1.56 2.33 7.41 4.36 4.10 8.08 12.33
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 0.08
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 0.58
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 7.70
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 6.15
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 7.68
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: 169%
Compounded Profit Growth
10 Years: 8%
5 Years: 21%
3 Years: -34%
TTM: 22%
Stock Price CAGR
10 Years: 17%
5 Years: 25%
3 Years: 7%
1 Year: 6%
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 Sep 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 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 60.27
0.00 0.00 0.00 0.00 0.00 0.45 0.00 0.00 0.00 0.00 0.55 0.38 0.25
1.55 1.74 1.42 1.65 1.54 1.78 1.43 4.08 8.13 4.11 2.52 3.61 7.66
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 76.18
1.37 1.31 1.38 1.26 1.21 1.77 8.02 7.78 7.44 7.04 7.42 6.96 11.93
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 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 58.57
9.54 13.95 12.90 12.29 8.05 10.29 9.79 10.22 12.11 4.33 3.43 8.45 5.68
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 76.18

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%

Shareholding Pattern

Numbers in percentages

5 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
55.09% 55.34% 55.37% 58.30% 58.82% 59.14% 59.79% 59.87% 60.35% 57.85% 57.85% 57.85%
0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13%
44.78% 44.53% 44.50% 41.58% 41.06% 40.72% 40.09% 40.00% 39.53% 42.04% 42.02% 42.03%
No. of Shareholders 4,0023,9064,0193,9843,9063,8383,8123,8143,8604,7124,7094,746

* 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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