Ishan Dyes & chemicals Ltd

Ishan Dyes & Ch. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Ishan Dyes & chemicals Ltd

₹ 54.0 1.46%
22 Jul 12:26 p.m.
ishandyes.com BSE: 531109
About

Ishan Dyes and Chemicals Ltd is engaged into the business of manufacturing copper phthalocyanine crude Blue (CPC Blue) and pigment blues. The products of the company are well established in the domestic and international markets.[1]

Key Points

Product Portfolio
The company's product portfolio includes Piothalocyanlne Blue Range products like CPC Blue. Pigment Alpha Blue and Pigment Beta Blue. [1]

Website BSE
  • Market Cap ₹ 113 Cr.
  • Current Price ₹ 54.0
  • High / Low ₹ 71.8 / 44.6
  • Stock P/E 755
  • Book Value ₹ 49.0
  • Dividend Yield 0.00 %
  • ROCE 2.32 %
  • ROE 0.15 %
  • Face Value ₹ 10.0
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Pros

  • Stock is trading at 1.09 times its book value
  • Company is expected to give good quarter

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 2.79% over past five years.
  • Company has a low return on equity of 3.37% over last 3 years.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.2.81 Cr.
  • Promoter holding has decreased over last 3 years: -11.3%

* 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

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
27.54 21.52 18.01 15.16 32.72 24.60 15.55 10.30 14.26 12.04 23.54 14.53 26.56
22.44 16.87 13.43 8.32 33.64 24.42 14.84 7.06 17.28 13.17 22.85 15.35 22.08
Operating Profit 5.10 4.65 4.58 6.84 -0.92 0.18 0.71 3.24 -3.02 -1.13 0.69 -0.82 4.48
OPM % 18.52% 21.61% 25.43% 45.12% -2.81% 0.73% 4.57% 31.46% -21.18% -9.39% 2.93% -5.64% 16.87%
0.60 0.60 0.63 0.70 0.68 0.40 0.35 0.73 0.53 0.71 0.63 0.87 0.60
Interest 0.40 0.58 0.41 0.25 0.53 0.23 0.29 0.55 0.55 0.61 0.68 0.62 0.83
Depreciation 0.51 0.54 0.55 0.55 0.59 0.68 0.68 0.68 0.70 0.70 0.70 0.70 0.71
Profit before tax 4.79 4.13 4.25 6.74 -1.36 -0.33 0.09 2.74 -3.74 -1.73 -0.06 -1.27 3.54
Tax % 27.14% 25.18% 25.18% 25.22% -11.76% 18.18% 122.22% 19.34% -19.79% 2.31% 433.33% 15.75% -3.95%
3.49 3.09 3.19 5.04 -1.21 -0.39 -0.02 2.21 -3.01 -1.77 -0.32 -1.47 3.68
EPS in Rs 2.19 1.94 2.00 3.16 -0.71 -0.21 -0.01 1.20 -1.44 -0.84 -0.15 -0.70 1.76
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
72.00 74.68 49.91 61.42 66.60 72.15 66.81 80.15 81.75 87.40 64.68 76.67
65.43 65.66 47.42 55.07 55.55 66.72 59.15 69.59 64.03 72.25 63.54 73.44
Operating Profit 6.57 9.02 2.49 6.35 11.05 5.43 7.66 10.56 17.72 15.15 1.14 3.23
OPM % 9.12% 12.08% 4.99% 10.34% 16.59% 7.53% 11.47% 13.18% 21.68% 17.33% 1.76% 4.21%
-3.09 0.62 0.53 1.18 1.14 2.14 1.26 2.35 2.24 2.60 2.01 2.81
Interest 1.26 0.52 0.48 0.91 0.82 0.80 1.06 0.90 0.72 1.77 1.64 2.74
Depreciation 2.29 2.08 1.07 1.41 1.55 0.84 1.27 1.78 2.02 2.22 2.74 2.82
Profit before tax -0.07 7.04 1.47 5.21 9.82 5.93 6.59 10.23 17.22 13.76 -1.23 0.48
Tax % -1,271.43% 9.23% -46.94% 25.53% 42.97% 43.17% 34.29% 19.84% 25.61% 26.53% -2.44% 77.08%
0.83 6.40 2.17 3.88 5.60 3.36 4.33 8.21 12.81 10.11 -1.20 0.12
EPS in Rs 0.50 3.88 1.32 2.35 3.41 2.05 2.64 5.14 8.02 5.96 -0.57 0.06
Dividend Payout % 0.00% 0.00% 0.00% 9.68% 0.00% 25.13% 0.00% 19.45% 15.58% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 0%
5 Years: 3%
3 Years: -2%
TTM: 19%
Compounded Profit Growth
10 Years: -31%
5 Years: -49%
3 Years: -77%
TTM: 112%
Stock Price CAGR
10 Years: 12%
5 Years: 15%
3 Years: -12%
1 Year: 2%
Return on Equity
10 Years: 10%
5 Years: 8%
3 Years: 3%
Last Year: 0%

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 7.51 7.51 7.51 7.51 11.26 11.26 11.26 15.97 15.97 16.97 20.97 20.97
Reserves 1.80 8.05 10.22 13.65 15.50 17.86 22.19 38.18 49.32 62.57 81.80 81.84
4.79 3.38 4.65 8.56 7.08 9.30 12.10 2.41 9.68 18.79 22.43 59.44
16.67 6.02 11.50 6.67 9.84 9.63 9.26 9.96 15.20 16.04 5.67 17.01
Total Liabilities 30.77 24.96 33.88 36.39 43.68 48.05 54.81 66.52 90.17 114.37 130.87 179.26
8.28 7.07 12.30 12.72 12.48 19.79 26.12 28.97 30.67 36.76 62.34 64.70
CWIP 0.07 1.87 0.00 0.00 0.44 0.78 0.00 0.64 0.84 0.43 0.96 29.13
Investments 0.00 0.00 0.00 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02
22.42 16.02 21.58 23.65 30.74 27.46 28.67 36.89 58.64 77.16 67.55 85.41
Total Assets 30.77 24.96 33.88 36.39 43.68 48.05 54.81 66.52 90.17 114.37 130.87 179.26

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
2.86 4.88 3.99 -1.09 3.98 7.20 4.98 2.65 -2.32 -8.52 20.21 -9.26
-1.75 -2.74 -4.40 -1.79 -1.69 -7.90 -6.80 -4.65 -3.26 -8.00 -40.54 -25.12
-1.30 -1.67 0.06 3.11 -2.14 0.44 1.77 2.91 4.82 16.41 20.33 34.26
Net Cash Flow -0.19 0.47 -0.35 0.23 0.16 -0.26 -0.04 0.92 -0.77 -0.12 0.00 -0.11

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 64.69 12.07 61.14 45.58 61.05 82.31 67.36 85.89 118.72 145.37 71.89 117.68
Inventory Days 51.75 52.71 79.17 44.37 123.85 49.38 90.38 72.72 128.80 187.16 210.96 193.75
Days Payable 112.32 27.48 123.89 41.64 48.85 62.34 63.43 51.13 101.12 48.06 26.72 98.82
Cash Conversion Cycle 4.12 37.30 16.42 48.32 136.05 69.35 94.31 107.48 146.40 284.48 256.13 212.61
Working Capital Days 17.54 35.87 34.23 80.40 107.64 86.71 102.87 112.57 185.92 275.88 335.99 302.25
ROCE % 31.49% 45.76% 9.54% 23.53% 33.48% 17.10% 18.22% 21.68% 27.28% 17.92% 0.29% 2.32%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
58.52% 58.52% 43.29% 39.77% 39.77% 39.77% 46.95% 46.95% 46.95% 47.19% 47.19% 47.19%
41.48% 41.48% 56.71% 60.23% 60.23% 60.22% 53.06% 53.05% 53.05% 52.82% 52.81% 52.82%
No. of Shareholders 5,7976,43410,71811,24011,28210,70610,2759,8749,4589,3599,7499,481

Documents

Announcements

Annual reports