Clean Science & Technology Ltd
Incorporated in 2003, Clean Science and Technology Ltd is one of the leading chemical manufacturers globally. It manufactures functionally critical specialty chemicals such as Performance Chemicals (MEHQ, BHA, and AP), Pharmaceutical Intermediates (Guaiacol and DCC), and FMCG Chemicals (4-MAP and Anisole). [1]
- Market Cap ₹ 14,582 Cr.
- Current Price ₹ 1,372
- High / Low ₹ 1,690 / 1,243
- Stock P/E 52.7
- Book Value ₹ 125
- Dividend Yield 0.36 %
- ROCE 29.7 %
- ROE 22.2 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.3%
- Company has been maintaining a healthy dividend payout of 18.0%
Cons
- Stock is trading at 11.0 times its book value
* 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
Part of BSE 250 SmallCap Index Nifty MidSmallcap 400 BSE 500 Nifty 500 BSE MidCap
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
140 | 191 | 241 | 393 | 419 | 512 | 685 | 936 | 789 | 866 | |
92 | 118 | 168 | 256 | 234 | 253 | 385 | 533 | 452 | 488 | |
Operating Profit | 48 | 72 | 73 | 137 | 186 | 260 | 300 | 403 | 338 | 378 |
OPM % | 34% | 38% | 30% | 35% | 44% | 51% | 44% | 43% | 43% | 44% |
2 | 4 | 5 | 11 | 11 | 25 | 30 | 39 | 38 | 41 | |
Interest | 3 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
Depreciation | 6 | 6 | 8 | 11 | 14 | 17 | 25 | 36 | 44 | 44 |
Profit before tax | 41 | 70 | 70 | 137 | 182 | 267 | 305 | 405 | 331 | 373 |
Tax % | 34% | 33% | 30% | 28% | 23% | 26% | 25% | 25% | 25% | |
27 | 47 | 49 | 98 | 140 | 198 | 229 | 304 | 248 | 277 | |
EPS in Rs | 192.41 | 330.79 | 343.72 | 690.82 | 1,051.82 | 18.68 | 21.52 | 28.57 | 23.31 | 26.05 |
Dividend Payout % | 13% | 12% | 12% | 15% | 2% | 134% | 15% | 18% | 21% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 15% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 20% |
3 Years: | 8% |
TTM: | 1% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -19% |
1 Year: | -9% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 33% |
3 Years: | 29% |
Last Year: | 22% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1 | 1 | 1 | 1 | 1 | 11 | 11 | 11 | 11 | 11 |
Reserves | 99 | 143 | 186 | 271 | 341 | 529 | 758 | 1,008 | 1,205 | 1,314 |
12 | 0 | 1 | 3 | 3 | 0 | 0 | 1 | 1 | 1 | |
27 | 35 | 48 | 53 | 85 | 120 | 156 | 139 | 154 | 175 | |
Total Liabilities | 139 | 179 | 236 | 328 | 430 | 660 | 925 | 1,159 | 1,371 | 1,501 |
64 | 77 | 101 | 126 | 166 | 186 | 296 | 427 | 401 | 382 | |
CWIP | 0 | 2 | 1 | 4 | 3 | 55 | 44 | 4 | 2 | 3 |
Investments | 1 | 32 | 18 | 76 | 134 | 233 | 247 | 428 | 666 | 790 |
75 | 68 | 115 | 122 | 127 | 187 | 338 | 300 | 302 | 326 | |
Total Assets | 139 | 179 | 236 | 328 | 430 | 660 | 925 | 1,159 | 1,371 | 1,501 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
69 | 45 | 85 | 160 | 193 | 127 | 299 | 277 | ||
-52 | -17 | -94 | -106 | -186 | -124 | -245 | -228 | ||
-15 | -5 | -11 | -55 | -6 | -0 | -55 | -53 | ||
Net Cash Flow | 2 | 23 | -20 | -1 | 1 | 4 | -0 | -3 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 68 | 41 | 60 | 55 | 61 | 53 | 82 | 58 | 75 |
Inventory Days | 246 | 165 | 93 | 79 | 98 | 156 | 143 | 122 | 146 |
Days Payable | 79 | 73 | 85 | 48 | 101 | 180 | 166 | 90 | 124 |
Cash Conversion Cycle | 235 | 134 | 69 | 87 | 58 | 29 | 59 | 89 | 97 |
Working Capital Days | 131 | 64 | 61 | 65 | 35 | 32 | 90 | 66 | 78 |
ROCE % | 55% | 42% | 59% | 59% | 61% | 47% | 45% | 30% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Jan - Confirmation of no securities for dematerialization received.
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Intimation Regarding The Change Of Name Of Registrar And Transfer Agent ('RTA') From 'Link Intime India Private Limited' To 'MUFG Intime India Private Limited'
6 Jan - Change of RTA name to MUFG Intime India.
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Commencement Of Commercial Production Of 2,5-Dihydroxy-1,4-Dithiane (DHDT) By Clean Fino-Chem Limited, Wholly Owned Subsidiary Of The Company.
30 Dec - Commencement of commercial production of DHDT by Clean Fino-Chem.
- Closure of Trading Window 27 Dec
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
18 Dec - Allotment of 2001 Equity Shares under CSTL ESOS 2021 of the Company on 18th December, 2024.
Annual reports
Concalls
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Nov 2024Transcript PPT REC
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Aug 2024Transcript PPT
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May 2024Transcript PPT REC
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Feb 2024Transcript PPT REC
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Jan 2024TranscriptNotesPPTREC
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Nov 2023Transcript PPT REC
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Aug 2023Transcript PPT REC
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May 2023Transcript PPT REC
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Feb 2023Transcript PPT REC
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Oct 2022Transcript PPT
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Aug 2022Transcript PPT
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Jun 2022Transcript PPT
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Feb 2022Transcript PPT
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Nov 2021Transcript PPT
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Aug 2021Transcript PPT
Product Portfolio[1]
Company has the largest capacity in the world for their flagship products.
Performance Chemicals
1. MEHQ No.1 in world.
Used as polymerization inhibitor in acrylic acids, acrylic esters, super absorbent polymers (diapers and sanitary pads),Pre-cursor for agrochemical industry.
2. BHA No.1 in world
Used as anti-oxidant in food and feed industry
3. AP No.1 in world
Used in infant food formulations, breakfast cereals and cosmetics
4. TBHQ No.2 in World
Stabilizer in oil industry
5. HALS No.1 in India
HALS 701 is used in water treatment
HALS 770 is used for UV stabilization in a variety of polymers
Pharma & agro Intermediates
1. Guaiacol : No.1 in India & No.2 in World
Pre-cursor to manufacture APIs for cough syrup
Key raw material to produce Vanillin
2. DCC (Dicyclohexyl Carbodiimide) No.1 in India & No.2 in World
Used as reagent in anti-retroviral
3. p-BQ (Para Benzoquinone) No.1 in India & No.2 in World
Intermediate in agrochemical industry
FMCG Chemicals
1. 4-MAP No.1 in world
Used in UV blocker in sunscreens
2. Anisole : No.1 in world
Precursor to perfumes, insect pheromones, pharmaceuticals
Majority of Anisole produced is used for captive consumption