Punjab Chemicals & Crop Protection Ltd
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]
- Market Cap ₹ 1,220 Cr.
- Current Price ₹ 995
- High / Low ₹ 1,575 / 900
- Stock P/E 30.9
- Book Value ₹ 287
- Dividend Yield 0.30 %
- ROCE 22.5 %
- ROE 17.3 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.6%
Cons
- The company has delivered a poor sales growth of 7.76% over past five years.
- Debtor days have increased from 57.6 to 77.1 days.
- Working capital days have increased from 54.2 days to 75.9 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 SmallCap BSE Allcap BSE Commodities
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
245 | 514 | 564 | 537 | 525 | 493 | 643 | 550 | 678 | 933 | 1,006 | 934 | 895 | |
242 | 473 | 517 | 497 | 509 | 450 | 576 | 507 | 583 | 793 | 883 | 821 | 803 | |
Operating Profit | 4 | 41 | 47 | 41 | 16 | 44 | 67 | 42 | 96 | 140 | 123 | 113 | 92 |
OPM % | 1% | 8% | 8% | 8% | 3% | 9% | 10% | 8% | 14% | 15% | 12% | 12% | 10% |
11 | 15 | 21 | 40 | 12 | 12 | -2 | 13 | 2 | 1 | 3 | 3 | 4 | |
Interest | 19 | 35 | 35 | 50 | 31 | 18 | 17 | 18 | 13 | 12 | 18 | 21 | 19 |
Depreciation | 8 | 16 | 19 | 17 | 16 | 14 | 19 | 15 | 15 | 17 | 19 | 22 | 24 |
Profit before tax | -13 | 4 | 14 | 14 | -19 | 24 | 29 | 22 | 69 | 112 | 89 | 73 | 54 |
Tax % | 0% | 0% | 4% | 4% | 4% | 29% | 42% | 51% | 29% | 25% | 31% | 27% | |
-13 | 1 | 14 | 13 | -20 | 17 | 17 | 11 | 49 | 83 | 61 | 54 | 39 | |
EPS in Rs | -10.30 | 0.78 | 11.58 | 10.83 | -16.25 | 14.01 | 13.70 | 8.77 | 40.03 | 68.06 | 49.83 | 43.70 | 32.15 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 11% | 11% | 17% | 5% | 4% | 6% | 7% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 8% |
3 Years: | 11% |
TTM: | -9% |
Compounded Profit Growth | |
---|---|
10 Years: | 29% |
5 Years: | 19% |
3 Years: | 3% |
TTM: | -38% |
Stock Price CAGR | |
---|---|
10 Years: | 25% |
5 Years: | 15% |
3 Years: | -12% |
1 Year: | -15% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 27% |
3 Years: | 27% |
Last Year: | 17% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | -50 | -46 | -47 | 49 | 46 | 62 | 79 | 85 | 132 | 213 | 268 | 318 | 339 |
356 | 365 | 321 | 191 | 151 | 117 | 91 | 99 | 88 | 93 | 94 | 123 | 123 | |
163 | 164 | 196 | 205 | 229 | 165 | 189 | 197 | 219 | 238 | 241 | 187 | 220 | |
Total Liabilities | 482 | 496 | 482 | 457 | 439 | 356 | 371 | 394 | 451 | 557 | 616 | 640 | 695 |
258 | 242 | 232 | 235 | 224 | 177 | 180 | 168 | 189 | 212 | 222 | 236 | 243 | |
CWIP | 10 | 3 | 7 | 4 | 6 | 4 | 7 | 15 | 16 | 7 | 20 | 12 | 13 |
Investments | 6 | 4 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 8 | 6 |
207 | 247 | 243 | 219 | 207 | 174 | 184 | 210 | 245 | 337 | 372 | 384 | 433 | |
Total Assets | 482 | 496 | 482 | 457 | 439 | 356 | 371 | 394 | 451 | 557 | 616 | 640 | 695 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
23 | 38 | 57 | 105 | 62 | 61 | 68 | 34 | 43 | 34 | 58 | 30 | |
-3 | -1 | -0 | 28 | -5 | -18 | -20 | -15 | -9 | -27 | -38 | -36 | |
-54 | -20 | -72 | -141 | -61 | -43 | -4 | -19 | -24 | -11 | -20 | 4 | |
Net Cash Flow | -34 | 17 | -14 | -8 | -4 | 1 | 45 | 1 | 10 | -3 | 0 | -2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 104 | 51 | 48 | 52 | 44 | 31 | 36 | 32 | 45 | 44 | 52 | 77 |
Inventory Days | 186 | 108 | 95 | 78 | 85 | 83 | 75 | 97 | 91 | 99 | 97 | 85 |
Days Payable | 308 | 94 | 78 | 76 | 148 | 133 | 103 | 100 | 102 | 85 | 80 | 75 |
Cash Conversion Cycle | -18 | 64 | 64 | 54 | -19 | -19 | 7 | 28 | 34 | 58 | 69 | 86 |
Working Capital Days | -61 | 10 | -24 | -3 | -48 | -6 | 2 | 8 | 13 | 38 | 49 | 76 |
ROCE % | 13% | 13% | 14% | 5% | 20% | 29% | 17% | 38% | 45% | 31% | 22% |
Documents
Announcements
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 19 Nov
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
6 Nov - Transcript of Earnings call Q2 & H1 of FY25
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
29 Oct - Audio recording of the Earnings Call- Q2 $ H1 of FY25
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Announcement under Regulation 30 (LODR)-Newspaper Publication
29 Oct - Newspaper Clippings in respect of Unaudited (Standalone and Consolidated) Financial Results for the quarter and half year ended September 30, 2024.
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Announcement under Regulation 30 (LODR)-Investor Presentation
28 Oct - Investor Presentation-Financial Overview-Q2 & H1 of FY25
Annual reports
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Financial Year 2024
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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
from nse
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Financial Year 2013
from bse
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Financial Year 2012
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Financial Year 2011
from bse
Concalls
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Oct 2024Transcript PPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT REC
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Feb 2024Transcript PPT REC
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Nov 2023Transcript PPT REC
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Aug 2023Transcript PPT REC
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May 2023Transcript PPT REC
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May 2023TranscriptNotesPPT
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Feb 2023Transcript PPT REC
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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May 2022TranscriptNotesPPT
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Feb 2022Transcript PPT
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Nov 2021Transcript PPT
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Aug 2021Transcript PPT
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Jun 2021TranscriptNotesPPT
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Jan 2021TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
Business Segments FY23