Standard Surfactants Ltd

Standard Surfactants Ltd

₹ 56.9 -3.49%
22 Nov - close price
About

Incorporated in 1989, Standard Surfactants Ltd does manufacturing of Surface Active Agents and is a Consignment Stockiest of Indian Oil Corporation Limited

Key Points

Product Profile:[1][2]
Company is into manufacturing of Detergents and Surfactants and trading of high density Polyethylene, Linear Low Density Polyethylene (LDP), Polypropylene (PP), Paraffin wax and other petroleum products
a) LABSA 96%
b) Agdet 4060
c) Agdet 4061
d) Agdet 6041

  • Market Cap 47.0 Cr.
  • Current Price 56.9
  • High / Low 92.4 / 49.0
  • Stock P/E 58.0
  • Book Value 33.7
  • Dividend Yield 0.00 %
  • ROCE 5.43 %
  • ROE 5.70 %
  • Face Value 10.0

Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 2.24% over past five years.
  • Company has a low return on equity of 8.24% over last 3 years.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.0.69 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: FMCG Industry: Detergents / Intermediates

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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
32.48 29.01 29.91 43.04 41.95 33.78 33.65 29.52 31.70 32.41 37.37 35.93 45.44
31.60 28.40 29.33 41.86 41.25 33.47 32.83 28.70 30.35 32.06 36.87 35.34 45.39
Operating Profit 0.88 0.61 0.58 1.18 0.70 0.31 0.82 0.82 1.35 0.35 0.50 0.59 0.05
OPM % 2.71% 2.10% 1.94% 2.74% 1.67% 0.92% 2.44% 2.78% 4.26% 1.08% 1.34% 1.64% 0.11%
0.09 0.24 0.18 0.16 0.21 0.17 0.17 0.10 0.07 0.11 0.09 0.14 0.35
Interest -0.03 0.19 0.44 0.31 0.30 0.17 0.42 0.39 0.91 -0.09 -0.06 0.28 0.43
Depreciation 0.11 0.11 0.11 0.11 0.11 0.11 0.11 0.09 0.09 0.10 0.10 0.12 0.24
Profit before tax 0.89 0.55 0.21 0.92 0.50 0.20 0.46 0.44 0.42 0.45 0.55 0.33 -0.27
Tax % 21.35% 25.45% 4.76% 29.35% 14.00% 30.00% 30.43% -2.27% 30.95% -2.22% 47.27% 0.00% -3.70%
0.70 0.42 0.20 0.66 0.44 0.14 0.32 0.45 0.29 0.46 0.29 0.32 -0.26
EPS in Rs 0.98 0.59 0.28 0.92 0.62 0.20 0.42 0.54 0.35 0.56 0.35 0.39 -0.31
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
52 52 53 44 55 87 117 83 92 125 152 131 151
49 49 50 42 52 84 114 81 88 121 149 128 150
Operating Profit 3 3 3 2 2 2 3 2 4 4 3 3 1
OPM % 5% 5% 6% 5% 4% 3% 2% 2% 4% 3% 2% 2% 1%
0 0 0 1 1 0 0 0 0 1 1 0 1
Interest 2 2 2 2 2 1 1 1 1 1 1 1 1
Depreciation 1 1 1 1 0 0 0 0 0 0 0 0 1
Profit before tax 0 1 1 1 1 1 1 1 3 3 2 2 1
Tax % 18% 29% 33% 33% 34% 3% 32% -5% 30% 23% 25% 20%
0 0 0 0 0 1 1 1 2 2 2 1 1
EPS in Rs 0.43 0.57 0.64 0.60 0.60 1.34 1.16 1.26 3.04 3.44 2.04 1.79 0.99
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 10%
5 Years: 2%
3 Years: 12%
TTM: 17%
Compounded Profit Growth
10 Years: 14%
5 Years: 11%
3 Years: -12%
TTM: -33%
Stock Price CAGR
10 Years: %
5 Years: 41%
3 Years: -18%
1 Year: -6%
Return on Equity
10 Years: 7%
5 Years: 9%
3 Years: 8%
Last Year: 6%

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 7 7 7 7 7 7 7 7 7 7 8 8 8
Reserves 7 8 5 5 6 7 7 8 10 13 16 20 20
12 10 8 10 15 17 18 19 22 21 26 33 47
4 5 8 6 4 8 9 7 8 11 14 12 15
Total Liabilities 30 29 28 29 32 38 41 41 47 51 64 72 90
11 11 8 8 7 7 7 7 6 7 7 6 31
CWIP 0 0 0 0 0 0 0 0 0 0 0 16 2
Investments 0 1 1 1 1 1 1 0 0 0 0 0 0
18 18 19 20 24 31 33 35 41 45 57 50 57
Total Assets 30 29 28 29 32 38 41 41 47 51 64 72 90

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
2 4 5 3 -0 -1 2 4 -4 1 0 -2
-1 -1 -0 0 1 0 -0 -6 2 -0 -4 -7
-1 -3 -4 -3 -1 1 -0 1 1 -2 6 8
Net Cash Flow -0 -0 1 0 -0 0 2 -2 -0 -1 1 -1

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 72 66 67 78 95 87 66 75 77 71 66 79
Inventory Days 35 28 22 35 19 21 17 17 37 25 21 21
Days Payable 13 16 16 27 4 25 23 22 18 24 28 29
Cash Conversion Cycle 94 77 73 86 110 83 61 70 96 72 59 71
Working Capital Days 96 85 70 110 118 87 67 85 101 85 72 99
ROCE % 8% 9% 11% 10% 9% 8% 8% 5% 11% 10% 7% 5%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
57.26% 57.26% 57.26% 57.26% 57.26% 60.14% 63.02% 63.02% 63.02% 62.89% 62.62% 62.50%
0.12% 0.12% 0.12% 0.12% 0.12% 0.11% 0.11% 0.11% 0.11% 0.11% 0.11% 0.11%
42.62% 42.62% 42.62% 42.61% 42.62% 39.74% 36.88% 36.87% 36.87% 37.01% 37.27% 37.39%
No. of Shareholders 15,52215,43215,36715,29615,18115,10415,03014,95614,79414,68114,72214,791

* 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.

Click on the line-items to see the names of individual entities.

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