Kothari Petrochemicals Ltd

Kothari Petrochemicals Ltd

₹ 192 -3.60%
20 Dec - close price
About

Incorporated in 1990, Kothari Petrochemicals Ltd is the manufacturer of PolyIso Butylene[1]

Key Points

Business Overview:[1][2][3]
KPL, part of the HC Kothari Group, is India's largest producer of various grades of Polyisobutylene (PIB), used in lube oil, plastic, paint, and rubber industries. With offices in Chennai, Manali, and Mumbai, KPL supplies to customers in 20 countries. The company focuses on Low Molecular Weight PIB products.

  • Market Cap 1,131 Cr.
  • Current Price 192
  • High / Low 267 / 108
  • Stock P/E 119
  • Book Value 11.6
  • Dividend Yield 0.91 %
  • ROCE 18.0 %
  • ROE 14.2 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company has been maintaining a healthy dividend payout of 62.2%

Cons

  • Stock is trading at 16.6 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: Petrochemicals Industry: Petrochemicals

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016
237 334 278 212
229 321 260 197
Operating Profit 8 12 19 15
OPM % 3% 4% 7% 7%
3 3 3 3
Interest 1 1 2 1
Depreciation 2 2 3 3
Profit before tax 7 12 17 15
Tax % 30% 34% 30% 35%
5 8 12 10
EPS in Rs 0.89 1.34 2.03 1.62
Dividend Payout % 85% 75% 50% 62%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: -4%
TTM: -24%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 27%
TTM: -19%
Stock Price CAGR
10 Years: 29%
5 Years: 65%
3 Years: 42%
1 Year: 30%
Return on Equity
10 Years: %
5 Years: %
3 Years: 15%
Last Year: 14%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016
Equity Capital 59 59 59 59
Reserves 1 2 6 9
8 18 23 18
28 31 31 26
Total Liabilities 97 111 119 112
48 47 52 53
CWIP 0 6 2 2
Investments 3 6 11 5
45 52 54 52
Total Assets 97 111 119 112

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016
0 15 15 16
9 -8 -7 5
-8 2 -4 -13
Net Cash Flow 1 9 4 8

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016
Debtor Days 33 34 31 28
Inventory Days 20 8 17 22
Days Payable 28 19 22 34
Cash Conversion Cycle 25 23 26 16
Working Capital Days 25 20 23 21
ROCE % 18% 23% 18%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
70.98% 70.98% 70.98% 70.98% 70.98% 70.98% 70.98% 70.98% 70.98% 70.98% 70.98% 70.98%
0.00% 0.00% 0.00% 0.13% 0.07% 0.07% 0.00% 0.00% 0.00% 0.01% 0.02% 0.34%
0.23% 0.16% 0.24% 0.09% 0.09% 0.09% 0.09% 0.09% 0.09% 0.09% 0.12% 0.09%
28.77% 28.85% 28.77% 28.79% 28.85% 28.85% 28.93% 28.93% 28.92% 28.91% 28.87% 28.59%
No. of Shareholders 22,56642,68241,87140,18238,80237,15536,27036,45936,50137,19836,58940,872

* 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.

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