Indian Phosphate Ltd
Established in 1998, Indian Phosphate Limited, produces Linear Alkyl Benzene Sulfonic Acid (LABSA 90%), an anionic surfactant used in various washing powders, cakes, toilet cleaners, and liquid detergents.[1]
- Market Cap ₹ 203 Cr.
- Current Price ₹ 81.4
- High / Low ₹ 198 / 77.5
- Stock P/E 15.1
- Book Value ₹ 57.7
- Dividend Yield 0.00 %
- ROCE 23.2 %
- ROE 18.1 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.2%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Contingent liabilities of Rs.116 Cr.
* 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.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 379 | 404 | 557 | 765 | 702 | |
| 374 | 395 | 533 | 739 | 679 | |
| Operating Profit | 5 | 9 | 24 | 25 | 23 |
| OPM % | 1% | 2% | 4% | 3% | 3% |
| 0 | 0 | 1 | 2 | 2 | |
| Interest | 2 | 2 | 3 | 4 | 5 |
| Depreciation | 0 | 0 | 1 | 1 | 1 |
| Profit before tax | 3 | 7 | 22 | 22 | 19 |
| Tax % | 27% | 25% | 26% | 26% | 29% |
| 2 | 5 | 16 | 17 | 13 | |
| EPS in Rs | 7.22 | 19.31 | 59.61 | 61.16 | 7.41 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 20% |
| TTM: | -8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 37% |
| TTM: | -19% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 26% |
| Last Year: | 18% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 18 | 25 |
| Reserves | 27 | 32 | 48 | 65 | 63 | 119 |
| 13 | 4 | 18 | 15 | 40 | 16 | |
| 31 | 24 | 39 | 91 | 42 | 58 | |
| Total Liabilities | 74 | 63 | 108 | 174 | 163 | 218 |
| 7 | 7 | 8 | 19 | 24 | 23 | |
| CWIP | 1 | 1 | 3 | 0 | 4 | 9 |
| Investments | 0 | 0 | 0 | 0 | 8 | 8 |
| 66 | 55 | 96 | 155 | 127 | 178 | |
| Total Assets | 74 | 63 | 108 | 174 | 163 | 218 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 12 | -5 | 17 | -2 | ||
| -1 | -4 | -11 | -18 | ||
| -11 | 11 | -7 | 20 | ||
| Net Cash Flow | -0 | 1 | -0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 31 | 26 | 34 | 41 | 29 |
| Inventory Days | 14 | 12 | 13 | 26 | 29 |
| Days Payable | 22 | 10 | 9 | 37 | 17 |
| Cash Conversion Cycle | 22 | 29 | 37 | 30 | 42 |
| Working Capital Days | 32 | 26 | 33 | 27 | 40 |
| ROCE % | 22% | 45% | 35% | 23% |
Documents
Announcements
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Reply to Clarification- Financial results
20 December 2024 - Exchange had sought clarification from Indian Phosphate Limited for the quarter ended 30-Sep-2024 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …
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Clarification - Financial Results
10 December 2024 - Exchange has sought clarification from Indian Phosphate Limited for the quarter ended 30-Sep-2024 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …
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Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
13 November 2024 - INDIAN PHOSPHATE LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
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Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
13 November 2024 - INDIAN PHOSPHATE LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
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Financial Result Updates
12 November 2024 - Phosphate Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
Annual reports
No data available.
Business Verticals[1]
**Manufacture of Linear Alkyl Benzene Sulfonic Acid LABSA **
LABSA is an anionic surfactant used to formulate various detergent powders, cakes, toilet cleaners, and liquid detergents. It serves as the active matter in these products, enhancing their cleaning effectiveness. LABSA is also used in pesticides to improve spray quality. Its high activity, low salt content, and quick miscibility with water make it suitable for a wide range of formulations.