Punjab Chemicals & Crop Protection Ltd

Punjab Chemicals Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Punjab Chemicals & Crop Protection Ltd

₹ 1,004 2.70%
11 Apr - close price
punjabchemicals.com BSE: 506618 NSE: PUNJABCHEM
About

Started in 1975 as Punjab United Pesticides & Chemicals Limited (PUPCL) has now evolved as Punjab Chemicals and Crop Protection Limited (Punjab Chemicals), uniting all its divisions – Agro-technicals, Pharmaceuticals, Intermediates, Chemicals & International Trading, under one roof. The business of the Company is Performance Chemicals, which includes Agro Chemicals, Specialty Chemicals and other chemicals. The Company is also in contract manufacturing business producing products for Indian and multinational companies. [1][2]

Key Points

Business Segments FY23

Website BSE NSE
  • Market Cap ₹ 1,231 Cr.
  • Current Price ₹ 1,004
  • High / Low ₹ 1,575 / 662
  • Stock P/E 34.6
  • Book Value ₹ 302
  • Dividend Yield 0.30 %
  • ROCE 21.3 %
  • ROE 16.6 %
  • Face Value ₹ 10.0
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    Pros

    • Company has a good return on equity (ROE) track record: 3 Years ROE 24.6%

    Cons

    • The company has delivered a poor sales growth of 7.76% over past five years.
    • Debtor days have increased from 59.1 to 81.3 days.

    * 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: Agro Chemicals Industry: Pesticides / Agrochemicals - Indian

    Part of BSE Allcap BSE Commodities BSE SmallCap

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      Quarterly Results

      Standalone Figures in Rs. Crores / View Consolidated

      Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
      255.04 258.68 271.73 277.84 259.52 194.64 280.33 241.10 213.02 196.10 241.79 241.54 213.58
      217.74 223.94 235.62 246.11 226.79 173.65 242.87 206.24 187.77 182.28 213.99 216.00 194.02
      Operating Profit 37.30 34.74 36.11 31.73 32.73 20.99 37.46 34.86 25.25 13.82 27.80 25.54 19.56
      OPM % 14.63% 13.43% 13.29% 11.42% 12.61% 10.78% 13.36% 14.46% 11.85% 7.05% 11.50% 10.57% 9.16%
      0.18 0.14 0.15 2.11 1.06 0.65 0.26 1.55 1.09 0.78 0.29 1.54 0.33
      Interest 3.03 3.83 3.38 3.92 4.03 6.47 3.51 6.52 5.00 4.17 4.04 4.58 4.46
      Depreciation 4.27 4.28 4.56 4.73 4.76 4.96 5.14 5.52 5.47 6.03 5.86 6.14 6.38
      Profit before tax 30.18 26.77 28.32 25.19 25.00 10.21 29.07 24.37 15.87 4.40 18.19 16.36 9.05
      Tax % 25.61% 30.59% 25.81% 25.96% 26.64% 71.20% 25.83% 26.63% 26.02% 25.68% 25.78% 25.67% 26.52%
      22.45 18.58 21.01 18.65 18.34 2.94 21.56 17.88 11.74 3.27 13.50 12.16 6.65
      EPS in Rs 18.31 15.15 17.13 15.21 14.96 2.40 17.58 14.58 9.57 2.67 11.01 9.92 5.42
      Raw PDF

      Profit & Loss

      Standalone Figures in Rs. Crores / View Consolidated

      Mar 2013 6m Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
      200 416 409 356 411 488 640 548 676 931 1,004 931 893
      189 381 365 331 405 454 574 506 582 792 882 818 806
      Operating Profit 11 36 44 26 5 34 66 41 94 139 122 112 87
      OPM % 6% 9% 11% 7% 1% 7% 10% 8% 14% 15% 12% 12% 10%
      11 13 8 47 29 15 2 19 1 0 4 3 3
      Interest 17 32 32 21 22 18 17 18 12 12 18 19 17
      Depreciation 7 15 18 15 14 14 19 15 15 17 19 22 24
      Profit before tax -2 1 4 36 -1 17 32 27 68 110 89 74 48
      Tax % 0% 0% 0% 0% 53% 40% 37% 42% 26% 27% 31% 26%
      -2 1 4 36 -2 10 20 16 51 81 61 54 36
      EPS in Rs -1.69 0.96 2.90 29.05 -1.71 8.48 16.51 12.87 41.22 65.91 49.70 44.40 29.02
      Dividend Payout % 0% 0% 0% 0% 0% 0% 9% 12% 5% 5% 6% 7%
      Compounded Sales Growth
      10 Years: 8%
      5 Years: 8%
      3 Years: 11%
      TTM: -4%
      Compounded Profit Growth
      10 Years: 28%
      5 Years: 16%
      3 Years: 2%
      TTM: -34%
      Stock Price CAGR
      10 Years: 16%
      5 Years: 21%
      3 Years: -12%
      1 Year: -4%
      Return on Equity
      10 Years: 23%
      5 Years: 25%
      3 Years: 25%
      Last Year: 17%

      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 12 12 12 12 12 12 12 12 12 12 12 12 12
      Reserves 5 7 7 42 60 70 89 102 152 229 286 336 358
      309 323 282 170 143 117 91 99 88 93 94 123 123
      113 128 119 135 142 169 192 200 219 239 242 197 235
      Total Liabilities 439 470 420 359 357 368 384 413 470 574 634 669 729
      244 234 221 175 169 177 180 168 189 212 222 236 243
      CWIP 8 1 7 4 6 4 7 15 16 7 20 12 13
      Investments 3 3 4 4 5 1 1 1 1 1 2 8 6
      183 232 190 176 177 186 197 230 265 354 390 413 467
      Total Assets 439 470 420 359 357 368 384 413 470 574 634 669 729

      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
      24 36 48 81 48 58 69 32 47 32 57 29
      -5 -2 -0 12 -8 -15 -21 -14 -14 -27 -36 -36
      -50 -15 -65 -97 -40 -43 -4 -19 -23 -9 -20 5
      Net Cash Flow -30 19 -17 -5 0 1 45 0 10 -4 1 -1

      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 125 60 52 57 43 31 35 32 45 44 52 81
      Inventory Days 156 104 87 82 83 83 75 97 91 99 97 85
      Days Payable 203 112 92 101 122 131 103 100 102 84 79 75
      Cash Conversion Cycle 79 52 48 38 4 -17 7 29 35 58 70 91
      Working Capital Days 3 7 -30 -5 -7 -0 8 19 23 45 56 84
      ROCE % 11% 12% 8% 10% 15% 30% 22% 34% 42% 29% 21%

      Shareholding Pattern

      Numbers in percentages

      Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
      39.22% 39.22% 39.22% 39.22% 39.22% 39.22% 39.22% 39.22% 39.22% 39.22% 39.22% 39.22%
      2.99% 2.99% 3.05% 2.99% 2.99% 2.97% 2.99% 2.98% 3.00% 3.02% 2.97% 2.94%
      1.07% 0.75% 0.80% 1.02% 0.98% 0.20% 0.15% 0.15% 0.42% 0.42% 0.39% 0.50%
      1.00% 1.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
      55.73% 56.04% 56.94% 56.79% 56.82% 57.60% 57.65% 57.65% 57.36% 57.34% 57.42% 57.33%
      No. of Shareholders 19,41919,96220,50421,23921,02921,94622,16821,18321,33620,68521,30221,267

      * 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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