Dynemic Products Ltd

Dynemic Products Ltd

₹ 428 -2.37%
22 Nov - close price
About

Incorporated in 1990, Dynemic Products is in the business of manufacturing and selling of Dyes & Dye Intermediates[1]

Key Points

Business Overview:[1]
DPL is an ISO 9001, ISO 14001, FSSC 22000 & GMP Certified manufacturer and exporter of food colours, offering complete range of Food Colours, Lake Colours, Blended Colours, FD&C Colours & Dye Intermediates

  • Market Cap 514 Cr.
  • Current Price 428
  • High / Low 492 / 235
  • Stock P/E 41.0
  • Book Value 173
  • Dividend Yield 0.00 %
  • ROCE 4.98 %
  • ROE 2.16 %
  • Face Value 10.0

Pros

  • Company has reduced debt.

Cons

  • The company has delivered a poor sales growth of 11.2% over past five years.
  • Promoter holding is low: 29.4%
  • Company has a low return on equity of 2.83% 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

Standalone Figures in Rs. Crores / View Consolidated

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
57.95 63.44 71.77 64.98 84.27 73.74 72.42 68.02 65.35 71.55 78.87 80.05 97.84
49.47 51.58 62.55 64.80 74.63 65.60 61.81 58.72 61.10 63.67 68.37 70.03 85.32
Operating Profit 8.48 11.86 9.22 0.18 9.64 8.14 10.61 9.30 4.25 7.88 10.50 10.02 12.52
OPM % 14.63% 18.69% 12.85% 0.28% 11.44% 11.04% 14.65% 13.67% 6.50% 11.01% 13.31% 12.52% 12.80%
0.03 0.04 0.19 0.04 0.04 0.05 0.22 0.04 0.05 0.05 0.50 0.05 0.06
Interest 1.87 2.14 3.76 4.29 4.52 3.71 3.59 2.56 3.93 2.76 3.63 2.26 3.23
Depreciation 2.77 3.67 3.98 4.17 4.22 4.23 4.14 4.19 4.22 4.18 4.10 4.09 4.13
Profit before tax 3.87 6.09 1.67 -8.24 0.94 0.25 3.10 2.59 -3.85 0.99 3.27 3.72 5.22
Tax % -35.66% 15.93% 382.63% 0.00% 0.00% 0.00% -10.65% 29.73% -5.71% -22.22% -42.20% 25.27% 25.10%
5.25 5.12 -4.72 -8.24 0.95 0.25 3.43 1.83 -3.63 1.21 4.65 2.79 3.91
EPS in Rs 4.41 4.30 -3.97 -6.92 0.80 0.21 2.94 1.57 -3.02 1.01 3.87 2.32 3.25
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
86 116 128 129 129 164 167 182 206 252 295 284 328
76 97 111 112 103 133 137 146 162 209 267 252 287
Operating Profit 9 19 18 17 25 31 30 36 43 43 29 32 41
OPM % 11% 16% 14% 13% 20% 19% 18% 20% 21% 17% 10% 11% 12%
1 0 0 -0 0 0 0 1 1 0 0 1 1
Interest 2 1 2 2 2 1 1 2 2 8 16 13 12
Depreciation 2 2 3 3 3 3 3 3 3 11 17 17 16
Profit before tax 7 16 13 11 21 27 25 32 38 23 -4 3 13
Tax % 35% 35% 27% 34% 35% 35% 29% 25% 26% 39% -8% -35%
4 10 9 8 13 18 18 24 28 14 -4 4 13
EPS in Rs 3.64 8.60 7.85 6.32 11.34 14.71 15.09 20.28 23.94 12.02 -3.09 3.38 10.45
Dividend Payout % 34% 17% 0% 23% 13% 10% 9% 7% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 9%
5 Years: 11%
3 Years: 11%
TTM: 17%
Compounded Profit Growth
10 Years: -9%
5 Years: -26%
3 Years: -48%
TTM: 568%
Stock Price CAGR
10 Years: 16%
5 Years: 27%
3 Years: -6%
1 Year: 57%
Return on Equity
10 Years: 12%
5 Years: 9%
3 Years: 3%
Last Year: 2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 11 11 11 11 11 11 11 11 11 11 12 12 12
Reserves 29 38 47 52 65 80 96 116 144 158 170 184 196
22 28 36 33 25 25 31 101 153 174 148 115 105
15 21 18 14 17 22 19 22 42 70 82 88 109
Total Liabilities 77 98 111 110 119 139 158 250 350 414 411 399 422
32 31 34 34 34 35 38 36 34 272 259 244 238
CWIP 0 9 9 9 10 14 25 71 194 0 0 0 0
Investments 4 4 2 1 1 1 1 1 1 1 1 1 1
41 53 66 66 73 89 93 142 120 141 151 153 183
Total Assets 77 98 111 110 119 139 158 250 350 414 411 399 422

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
6 8 1 10 12 10 13 7 48 40 25 31
-2 -10 -4 -3 -3 -7 -17 -70 -98 -52 2 -1
-3 2 3 -7 -9 -4 3 64 49 12 -26 -30
Net Cash Flow 0 0 0 1 -0 -0 -0 1 -0 -0 0 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 57 62 62 73 79 72 91 64 73 68 63 71
Inventory Days 116 91 118 97 125 113 105 134 118 144 153 168
Days Payable 40 43 41 22 19 24 19 28 78 145 146 171
Cash Conversion Cycle 133 111 138 148 185 161 177 170 113 67 70 68
Working Capital Days 121 105 137 138 160 145 159 183 131 93 76 77
ROCE % 14% 25% 18% 14% 23% 26% 21% 18% 15% 10% 4% 5%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
29.75% 29.75% 30.26% 30.26% 30.26% 30.27% 30.31% 29.42% 29.42% 29.42% 29.42% 29.42%
0.27% 0.16% 0.11% 0.25% 0.13% 0.02% 0.13% 0.05% 0.00% 0.07% 0.15% 0.01%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.09% 0.08% 0.00% 0.00% 0.00% 0.25%
69.98% 70.09% 69.64% 69.50% 69.61% 69.70% 69.47% 70.46% 70.57% 70.51% 70.44% 70.32%
No. of Shareholders 17,22518,17418,98818,47716,70816,25115,75816,04316,55015,53515,04114,119

* 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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