Archean Chemical Industries Ltd

Archean Chemical Industries Ltd

₹ 711 3.94%
22 Jul 2:50 p.m.
About

Archean Chemical Industries Limited is India's largest exporter of bromine and industrial salt in Fiscal 2021. The company is the leading specialty marine chemical manufacturer in India and is focused on producing and exporting bromine, industrial salt, and sulphate of potash to customers around the world.[1]

Key Points

Business Area[1] Archean is a leading specialty marine chemical manufacturer in India focused on producing and exporting bromine, industrial salt, and sulphate of potash across the world. Archean is the largest exporter of bromine and industrial salt in India and has amongst the lowest cost of production globally in both bromine and industrial salt.

  • Market Cap 8,777 Cr.
  • Current Price 711
  • High / Low 838 / 494
  • Stock P/E 29.0
  • Book Value 138
  • Dividend Yield 0.45 %
  • ROCE 25.0 %
  • ROE 19.3 %
  • Face Value 2.00

Pros

  • Company is almost debt free.

Cons

* 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: Chemicals

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
307 373 400 293 365 382 343 290 413 284
190 213 239 175 205 188 208 195 267 197
Operating Profit 117 160 161 119 160 194 135 95 145 87
OPM % 38% 43% 40% 40% 44% 51% 39% 33% 35% 31%
6 4 9 19 7 8 11 11 9 12
Interest 41 39 39 35 19 3 3 2 2 2
Depreciation 17 17 18 17 17 17 18 18 18 18
Profit before tax 66 107 113 86 131 182 125 87 135 80
Tax % 26% 24% 25% 26% 25% 25% 25% 24% 25% 28%
49 82 84 64 98 137 94 66 102 58
EPS in Rs 5.09 8.47 8.76 6.60 7.97 11.09 7.63 5.36 8.23 4.67
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2022 Mar 2023 Mar 2024
608 1,130 1,441 1,330
460 663 807 867
Operating Profit 148 467 634 463
OPM % 24% 41% 44% 35%
9 12 43 43
Interest 122 162 97 8
Depreciation 52 67 69 70
Profit before tax -17 251 512 427
Tax % 117% 25% 25% 25%
-36 188 383 319
EPS in Rs -18.81 19.54 31.09 25.85
Dividend Payout % 0% 0% 8% 12%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -8%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -21%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 29%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 19%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2022 Mar 2023 Mar 2024
Equity Capital 19 25 25
Reserves 243 1,406 1,677
897 69 98
372 255 255
Total Liabilities 1,531 1,755 2,055
1,086 1,110 1,160
CWIP 17 36 48
Investments 11 210 350
417 399 497
Total Assets 1,531 1,755 2,055

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2022 Mar 2023 Mar 2024
315 496 379
-110 -290 -307
-224 -212 -33
Net Cash Flow -19 -6 40

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2022 Mar 2023 Mar 2024
Debtor Days 49 30 43
Inventory Days 530
Days Payable 416
Cash Conversion Cycle 49 30 157
Working Capital Days 52 49 56
ROCE % 45% 25%

Shareholding Pattern

Numbers in percentages

9 Recently
Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
53.60% 53.60% 53.60% 53.60% 53.46% 53.46% 53.46%
6.03% 5.47% 4.06% 2.92% 4.15% 5.86% 9.53%
29.80% 30.25% 30.78% 30.38% 28.69% 27.13% 21.04%
0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.00%
10.56% 10.67% 11.55% 13.08% 13.71% 13.54% 15.96%
No. of Shareholders 49,60648,50762,54873,82192,5711,06,78898,762

* 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.

Documents