Manali Petrochemicals Ltd
Incorporated in 1986, Manali Petrochemicals Limited manufactures and sells Propylene Oxide (PO), Propylene Glycol (PG) and Polyols (PY), which are used as industrial raw materials. Located in Chennai, the company is the only domestic manufacturer of Propylene Glycol. Also, it is the first and largest Indian manufacturer of Propylene Oxide which is the input material for the aforesaid derivative products.
- Market Cap ₹ 1,618 Cr.
- Current Price ₹ 94.1
- High / Low ₹ 99.3 / 55.9
- Stock P/E
- Book Value ₹ 56.5
- Dividend Yield 0.79 %
- ROCE 0.58 %
- ROE -0.50 %
- Face Value ₹ 5.00
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 2.58% over past five years.
- Earnings include an other income of Rs.18.9 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.
Peer comparison
Sector: Petrochemicals Industry: Petrochemicals
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
515 | 554 | 733 | 579 | 583 | 645 | 702 | 677 | 922 | 1,444 | 1,033 | 798 | |
478 | 508 | 663 | 511 | 521 | 552 | 610 | 613 | 632 | 921 | 959 | 795 | |
Operating Profit | 37 | 47 | 70 | 68 | 62 | 93 | 93 | 64 | 290 | 522 | 75 | 3 |
OPM % | 7% | 8% | 10% | 12% | 11% | 14% | 13% | 9% | 31% | 36% | 7% | 0% |
7 | 6 | 7 | 9 | 11 | 2 | 22 | 1 | -8 | 10 | 23 | 19 | |
Interest | 2 | 2 | 2 | 3 | 2 | 3 | 2 | 6 | 4 | 9 | 8 | 8 |
Depreciation | 6 | 7 | 6 | 6 | 9 | 8 | 10 | 14 | 20 | 19 | 22 | 21 |
Profit before tax | 35 | 45 | 70 | 69 | 62 | 84 | 103 | 45 | 257 | 505 | 67 | -8 |
Tax % | 23% | 35% | 37% | 30% | 32% | 35% | 36% | 14% | 25% | 25% | 24% | -22% |
27 | 29 | 44 | 48 | 42 | 55 | 65 | 39 | 193 | 377 | 51 | -9 | |
EPS in Rs | 1.59 | 1.69 | 2.56 | 2.80 | 2.46 | 3.19 | 3.80 | 2.25 | 11.20 | 21.90 | 2.95 | -0.54 |
Dividend Payout % | 31% | 30% | 20% | 18% | 20% | 16% | 20% | 33% | 13% | 11% | 25% | -140% |
Compounded Sales Growth | |
---|---|
10 Years: | 4% |
5 Years: | 3% |
3 Years: | -5% |
TTM: | -23% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -110% |
Stock Price CAGR | |
---|---|
10 Years: | 22% |
5 Years: | 33% |
3 Years: | 6% |
1 Year: | 43% |
Return on Equity | |
---|---|
10 Years: | 17% |
5 Years: | 18% |
3 Years: | 15% |
Last Year: | -1% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 86 | 86 | 86 | 86 | 86 | 86 | 86 | 86 | 86 | 86 | 86 | 86 |
Reserves | 106 | 125 | 159 | 197 | 256 | 300 | 356 | 371 | 550 | 900 | 909 | 886 |
2 | 2 | 1 | 2 | 23 | 17 | 14 | 9 | 13 | 16 | 7 | 95 | |
85 | 98 | 162 | 215 | 176 | 116 | 145 | 141 | 175 | 199 | 171 | 109 | |
Total Liabilities | 279 | 312 | 408 | 500 | 541 | 519 | 601 | 607 | 825 | 1,201 | 1,173 | 1,176 |
103 | 104 | 105 | 105 | 142 | 171 | 183 | 200 | 181 | 236 | 247 | 267 | |
CWIP | 4 | 3 | 6 | 16 | 28 | 12 | 6 | 26 | 28 | 14 | 23 | 17 |
Investments | 6 | 19 | 82 | 74 | 126 | 167 | 110 | 151 | 110 | 110 | 399 | 427 |
166 | 187 | 215 | 305 | 244 | 168 | 301 | 229 | 504 | 842 | 504 | 465 | |
Total Assets | 279 | 312 | 408 | 500 | 541 | 519 | 601 | 607 | 825 | 1,201 | 1,173 | 1,176 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2 | 45 | 78 | -6 | 92 | 69 | 19 | 84 | 201 | 385 | 44 | 23 | |
-4 | -2 | -6 | -12 | -137 | -15 | -17 | -22 | -16 | -12 | -311 | -84 | |
-13 | -12 | -14 | -11 | 3 | -19 | -15 | -26 | -12 | -27 | -61 | -5 | |
Net Cash Flow | -16 | 31 | 58 | -29 | -42 | 35 | -14 | 36 | 172 | 346 | -328 | -67 |
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 | 28 | 35 | 40 | 57 | 43 | 43 | 43 | 42 | 59 | 34 | 38 | 33 |
Inventory Days | 58 | 60 | 56 | 96 | 102 | 49 | 81 | 58 | 45 | 34 | 38 | 52 |
Days Payable | 43 | 50 | 74 | 124 | 95 | 39 | 64 | 35 | 50 | 28 | 21 | 25 |
Cash Conversion Cycle | 43 | 44 | 22 | 29 | 51 | 53 | 60 | 65 | 54 | 41 | 55 | 60 |
Working Capital Days | 55 | 44 | 9 | 44 | 25 | 26 | 57 | 40 | 37 | 22 | 37 | 46 |
ROCE % | 20% | 23% | 31% | 28% | 20% | 23% | 21% | 13% | 51% | 63% | 8% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 28 Jun
- Closure of Trading Window 27 Jun
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 26 Jun
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
20 Jun - Of details of dematerialized share certificates for the period from 01-05-2024 to 15-05-2024
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 20 Jun
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
from nse
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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Dec 2022Transcript PPT
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May 2022TranscriptNotesPPT
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May 2022TranscriptNotesPPT
Leadership[1]
Sole manufacturer of Propylene Glycol (PG) and Polyol in India.