Kemistar Corporation Ltd

Kemistar Corporation Ltd

₹ 83.5 -4.34%
22 Nov - close price
About

Incorporated in 1994, Kemistar Corporation Ltd deals in various chemical based & allied products

Key Points

Business Overview:[1]
Company is in the business of Colors, Agro Chemicals and Specialty Chemicals, raw
materials and chemical intermediate like PNTOSA, DNSDA, DASDA and allied products. Currently, company is dealing in 50+ variants of chemical products.

  • Market Cap 89.8 Cr.
  • Current Price 83.5
  • High / Low 116 / 36.3
  • Stock P/E 152
  • Book Value 16.7
  • Dividend Yield 0.60 %
  • ROCE 4.34 %
  • ROE 2.70 %
  • Face Value 10.0

Pros

  • Company has been maintaining a healthy dividend payout of 40.9%

Cons

  • Stock is trading at 4.99 times its book value
  • The company has delivered a poor sales growth of 1.91% over past five years.
  • Company has a low return on equity of 4.04% over last 3 years.
  • Company might be capitalizing the interest cost
  • Working capital days have increased from 52.3 days to 74.2 days

* 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

Consolidated Figures in Rs. Crores / View Standalone

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
4.07 2.35 11.26 5.76 3.65 5.53 3.23 2.09 3.07 1.72 4.19 3.62 3.77
3.68 2.10 10.66 5.11 3.40 5.22 2.98 1.88 2.79 1.49 3.57 3.29 3.38
Operating Profit 0.39 0.25 0.60 0.65 0.25 0.31 0.25 0.21 0.28 0.23 0.62 0.33 0.39
OPM % 9.58% 10.64% 5.33% 11.28% 6.85% 5.61% 7.74% 10.05% 9.12% 13.37% 14.80% 9.12% 10.34%
0.01 0.01 0.03 0.03 0.08 0.10 -0.04 0.01 0.04 0.02 0.01 0.03 0.02
Interest 0.07 0.00 0.07 0.06 0.04 0.03 -0.08 0.05 0.07 0.08 0.10 0.14 0.15
Depreciation 0.13 0.13 0.14 0.11 0.11 0.11 0.13 0.10 0.10 0.01 0.19 0.09 0.12
Profit before tax 0.20 0.13 0.42 0.51 0.18 0.27 0.16 0.07 0.15 0.16 0.34 0.13 0.14
Tax % 20.00% 15.38% 30.95% 13.73% 27.78% 22.22% 81.25% 0.00% 13.33% 12.50% 47.06% 0.00% 7.14%
0.16 0.11 0.29 0.43 0.13 0.21 0.04 0.07 0.13 0.14 0.19 0.13 0.13
EPS in Rs 0.15 0.10 0.27 0.40 0.12 0.20 0.04 0.07 0.12 0.13 0.18 0.12 0.12
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
10.07 14.12 14.03 20.92 18.17 11.07 13.30
9.62 13.80 13.09 19.25 16.68 9.71 11.73
Operating Profit 0.45 0.32 0.94 1.67 1.49 1.36 1.57
OPM % 4.47% 2.27% 6.70% 7.98% 8.20% 12.29% 11.80%
0.19 0.34 0.07 0.05 0.17 0.08 0.08
Interest 0.19 -0.01 0.12 0.15 0.06 0.32 0.47
Depreciation 0.09 0.09 0.30 0.49 0.46 0.39 0.41
Profit before tax 0.36 0.58 0.59 1.08 1.14 0.73 0.77
Tax % 25.00% 25.86% 23.73% 22.22% 27.19% 27.40%
0.27 0.43 0.44 0.84 0.84 0.53 0.59
EPS in Rs 0.25 0.40 0.41 0.78 0.78 0.49 0.55
Dividend Payout % 0.00% 0.00% 0.00% 51.24% 51.24% 20.30%
Compounded Sales Growth
10 Years: %
5 Years: 2%
3 Years: -8%
TTM: -4%
Compounded Profit Growth
10 Years: %
5 Years: 30%
3 Years: 7%
TTM: 31%
Stock Price CAGR
10 Years: 32%
5 Years: 11%
3 Years: 30%
1 Year: 91%
Return on Equity
10 Years: %
5 Years: 3%
3 Years: 4%
Last Year: 3%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 10.76 10.76 10.76 10.76 10.76 10.76 10.76
Reserves 4.28 4.71 5.15 6.03 6.77 7.20 7.25
2.05 2.17 2.30 3.12 2.78 6.92 8.38
3.23 4.47 5.51 5.01 3.82 3.80 3.81
Total Liabilities 20.32 22.11 23.72 24.92 24.13 28.68 30.20
11.95 14.23 15.21 14.85 14.46 14.18 21.45
CWIP 0.17 0.17 0.00 0.00 2.25 6.37 0.07
Investments 3.34 1.20 1.14 1.24 1.41 1.17 1.06
4.86 6.51 7.37 8.83 6.01 6.96 7.62
Total Assets 20.32 22.11 23.72 24.92 24.13 28.68 30.20

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.79 0.19 1.00 -0.04 2.97 0.60
-10.99 -0.24 -1.16 -0.10 -2.50 -4.15
11.65 0.09 0.18 0.18 -0.46 3.57
Net Cash Flow -0.14 0.05 0.01 0.05 0.01 0.02

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 68.51 131.83 152.97 76.59 56.25 80.45
Inventory Days 83.95 9.58 15.68 51.15 50.06 145.11
Days Payable 125.26 122.76 161.49 95.14 88.68 146.59
Cash Conversion Cycle 27.20 18.65 7.16 32.60 17.63 78.98
Working Capital Days 36.97 32.57 27.06 53.39 29.33 74.19
ROCE % 2.13% 3.57% 6.24% 5.52% 4.34%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
74.78% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.80% 74.80%
25.22% 25.02% 25.02% 25.01% 25.01% 25.03% 25.03% 25.01% 25.02% 25.02% 25.21% 25.22%
No. of Shareholders 1,8141,8351,8678489099321,0151,1461,1721,2601,3561,563

Documents

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