Daikaffil Chemicals India Ltd

Daikaffil Chemicals India Ltd

₹ 218 -1.98%
22 Nov 11:56 a.m.
About

Established in 1992, Daikaffil Chemicals Pvt. Ltd. is engaged in manufacturing of organic chemicals and intermediaries and trading of chemicals.

Key Points

Product Profile:
Company's main products are various types of:
a) Optical Brighteners:[1]
Also known as fluorescent whitening agents, these are used to make paper, textiles, plastics, fibers, coatings, inks, detergents, etc.
b) Stilbene Derivatives:[2]
Company provides products like Paranitro Toluene Ortho -Sulfonic Acid, Diamino Stilbene 2.2' -Disulfonic Acid, etc. in wet and dry form.
c) Dye Intermediates:[3]
Company has 12 products under this category which are used for manufacture of direct dyes, acid dyes, pigments, dyestuffs, etc.
d) Naphthol:[4]
It is an organic compound used to manufacture organic Pigments/Master batch. Pigments are used for colouring paint, ink, plastic, fabric, cosmetics, foods and other materials.

  • Market Cap 131 Cr.
  • Current Price 218
  • High / Low 261 / 66.8
  • Stock P/E 55.1
  • Book Value 42.6
  • Dividend Yield 0.00 %
  • ROCE 12.5 %
  • ROE 9.50 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 33.5%
  • Promoter holding has increased by 0.95% over last quarter.

Cons

  • Company has a low return on equity of 12.5% over last 3 years.

* 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: Dyes And Pigments

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Jun 2015 Sep 2015 Dec 2015 Mar 2016 Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018
8.49 6.17 7.73 6.14 7.41 5.83 8.01 7.73 6.34 6.89 4.66 6.06 5.85
7.74 5.73 6.69 5.35 6.57 4.87 6.33 6.53 5.54 6.32 4.21 4.79 4.95
Operating Profit 0.75 0.44 1.04 0.79 0.84 0.96 1.68 1.20 0.80 0.57 0.45 1.27 0.90
OPM % 8.83% 7.13% 13.45% 12.87% 11.34% 16.47% 20.97% 15.52% 12.62% 8.27% 9.66% 20.96% 15.38%
-0.29 0.14 0.15 0.13 0.15 0.12 0.14 0.13 0.16 0.29 0.17 0.14 0.26
Interest 0.05 0.04 0.03 0.01 0.01 0.01 0.00 0.01 0.01 0.00 0.01 0.00 0.01
Depreciation 0.11 0.10 0.10 0.10 0.09 0.11 0.34 0.34 0.47 0.10 0.31 0.21 0.34
Profit before tax 0.30 0.44 1.06 0.81 0.89 0.96 1.48 0.98 0.48 0.76 0.30 1.20 0.81
Tax % 20.00% 31.82% 27.36% 30.86% 44.94% 32.29% 36.49% 38.78% 0.00% 25.00% 66.67% 35.00% -9.88%
0.24 0.30 0.77 0.56 0.49 0.65 0.94 0.60 0.47 0.57 0.10 0.80 0.89
EPS in Rs 0.40 0.50 1.28 0.93 0.82 1.08 1.57 1.00 0.78 0.95 0.17 1.33 1.48
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018
34.43 27.41 26.44 22.82
31.45 24.25 21.77 19.56
Operating Profit 2.98 3.16 4.67 3.26
OPM % 8.66% 11.53% 17.66% 14.29%
-0.16 0.56 0.56 0.86
Interest 0.26 0.14 0.07 0.05
Depreciation 0.42 0.40 1.48 0.97
Profit before tax 2.14 3.18 3.68 3.10
Tax % 28.04% 33.65% 33.42% 23.55%
1.54 2.11 2.45 2.37
EPS in Rs 2.58 3.50 4.07 3.98
Dividend Payout % 30.97% 28.57% 41.80% 30.13%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: -13%
TTM: -14%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 15%
TTM: -3%
Stock Price CAGR
10 Years: 22%
5 Years: 61%
3 Years: 104%
1 Year: 239%
Return on Equity
10 Years: %
5 Years: %
3 Years: 12%
Last Year: 10%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018
Equity Capital 6.00 6.00 6.00 6.00
Reserves 5.22 6.60 18.38 19.54
1.89 0.71 0.00 0.00
7.03 5.74 3.51 4.88
Total Liabilities 20.14 19.05 27.89 30.42
5.37 5.34 15.14 14.69
CWIP 0.00 0.04 0.09 0.01
Investments 0.04 0.19 0.22 2.22
14.73 13.48 12.44 13.50
Total Assets 20.14 19.05 27.89 30.42

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018
1.71 0.70 5.04 2.64
-0.51 -0.46 -0.92 -2.69
-0.59 -0.58 -0.72 -1.23
Net Cash Flow 0.60 -0.33 3.39 -1.28

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018
Debtor Days 72.51 93.88 40.03 74.22
Inventory Days 70.55 81.88 82.17 84.50
Days Payable 85.49 69.66 34.20 80.96
Cash Conversion Cycle 57.58 106.10 88.00 77.76
Working Capital Days 67.95 93.48 77.03 94.85
ROCE % 24.73% 19.71% 12.53%

Shareholding Pattern

Numbers in percentages

7 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
31.25% 31.19% 31.19% 31.19% 31.19% 31.19% 31.19% 31.19% 31.19% 48.48% 48.48% 49.43%
0.13% 0.13% 0.13% 0.13% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
68.61% 68.67% 68.67% 68.69% 68.82% 68.81% 68.83% 68.82% 68.80% 51.52% 51.52% 50.55%
No. of Shareholders 3,5213,6323,5993,6463,7353,5983,5393,4463,1233,0663,1243,315

* 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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