Sadhana Nitro Chem Ltd

Sadhana Nitro Chem Ltd

₹ 67.5 0.52%
05 Jul - close price
About

Sadhana Nitro Chem Ltd is engaged in manufacturing of chemical intermediates, heavy organic chemicals and performance chemicals and wireless network equipment and services.[1]

Key Points

Product Portfolio & Applications
The company's products include 12 chemical intermediates like Nitrobenzene, Meta Amino phenol, Metanilic acid, Aniline Oil, Ortho Aminophenol, Para Amino Phenol, Ammonium Sulfate, Diethyl Keto Acid, Aniline 2,5 Disulphonic Acid, ODB2 etc. The chemicals are used in Agro Chemicals, Aramid Fibre, Pharma, Developers, Hair Colors, Dyes, Specialized Resins, Performance Chemicals etc. [1]

  • Market Cap 1,667 Cr.
  • Current Price 67.5
  • High / Low 113 / 49.0
  • Stock P/E 225
  • Book Value 9.40
  • Dividend Yield 0.22 %
  • ROCE 8.02 %
  • ROE 3.22 %
  • Face Value 1.00

Pros

  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 55.6%
  • Company's median sales growth is 29.5% of last 10 years

Cons

  • Stock is trading at 7.17 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 3.23% over last 3 years.
  • Company has high debtors of 282 days.
  • Promoter holding has decreased over last 3 years: -8.37%

* 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: Chemicals Industry: Chemicals

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
26.99 24.86 28.48 30.67 36.73 24.34 40.10 30.95 50.46 43.13 41.44 49.20 55.09
15.70 21.06 25.73 26.16 33.95 22.32 34.94 26.06 39.84 34.12 28.63 37.25 44.57
Operating Profit 11.29 3.80 2.75 4.51 2.78 2.02 5.16 4.89 10.62 9.01 12.81 11.95 10.52
OPM % 41.83% 15.29% 9.66% 14.70% 7.57% 8.30% 12.87% 15.80% 21.05% 20.89% 30.91% 24.29% 19.10%
0.27 0.75 1.24 0.60 2.32 1.14 0.99 -0.66 0.25 0.72 0.05 0.65 2.58
Interest 1.11 0.81 0.96 1.53 1.25 1.26 2.29 1.93 4.26 4.32 4.48 4.35 4.11
Depreciation 1.42 1.41 1.41 1.41 1.51 1.50 1.60 1.83 2.68 3.79 3.82 3.83 3.46
Profit before tax 9.03 2.33 1.62 2.17 2.34 0.40 2.26 0.47 3.93 1.62 4.56 4.42 5.53
Tax % 19.82% 25.75% 25.93% 30.41% 42.31% -7.50% 43.81% 42.55% 33.33% 24.69% 36.18% 68.55% 65.82%
7.24 1.73 1.20 1.51 1.35 0.43 1.27 0.27 2.62 1.22 2.91 1.39 1.89
EPS in Rs 0.30 0.07 0.05 0.06 0.06 0.02 0.05 0.01 0.11 0.05 0.12 0.06 0.08
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Jun 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
68 33 48 35 57 110 267 120 90 121 146 189
63 35 51 33 49 76 147 83 72 107 123 145
Operating Profit 5 -2 -3 2 9 35 120 37 18 14 23 44
OPM % 8% -6% -7% 6% 15% 32% 45% 31% 20% 11% 16% 23%
9 12 13 0 0 0 1 2 4 5 2 4
Interest 10 6 5 5 6 5 12 3 3 5 10 17
Depreciation 4 2 2 2 2 2 3 5 6 6 8 15
Profit before tax 0 2 3 -5 1 28 106 31 13 8 7 16
Tax % 487% 137% -33% 0% 0% -11% 29% 25% 21% 32% 35% 54%
-2 -1 4 -5 1 31 75 24 10 6 5 7
EPS in Rs -0.08 -0.02 0.18 -0.21 0.04 1.31 3.14 0.98 0.43 0.24 0.19 0.30
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 51% 66% 50%
Compounded Sales Growth
10 Years: 19%
5 Years: -7%
3 Years: 28%
TTM: 29%
Compounded Profit Growth
10 Years: 11%
5 Years: -37%
3 Years: -10%
TTM: 62%
Stock Price CAGR
10 Years: 65%
5 Years: 42%
3 Years: 17%
1 Year: -39%
Return on Equity
10 Years: 16%
5 Years: 6%
3 Years: 3%
Last Year: 3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Jun 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 9 9 9 9 9 9 9 9 14 20 20 25
Reserves -10 -11 -7 -12 2 37 95 114 119 120 208 208
Preference Capital 2 2 10 10 0 4 0 0 0 0 0
52 37 27 33 36 11 8 46 83 116 139 233
21 23 36 38 37 59 66 49 90 124 101 71
Total Liabilities 72 59 66 68 83 116 179 218 306 380 468 536
28 26 31 29 37 39 67 76 70 67 144 156
CWIP 9 9 9 9 9 11 2 15 23 68 28 53
Investments 0 0 0 0 0 0 5 6 6 7 6 6
35 24 26 30 37 66 105 122 207 238 290 321
Total Assets 72 59 66 68 83 116 179 218 306 380 468 536

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Jun 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
6 10 6 -1 10 44 52 -11 1 -4 -38 -2
-0 11 -0 -0 -1 -14 -25 -28 -23 -40 -53 -65
-6 -21 -6 2 -6 -14 -23 30 30 46 72 41
Net Cash Flow 0 -0 0 0 4 16 4 -8 7 2 -19 -26

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Jun 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 63 45 58 135 83 25 46 156 236 121 200 282
Inventory Days 115 180 99 177 174 192 197 374 641 446
Days Payable 136 231 220 401 321 122 141 197 273 141
Cash Conversion Cycle 41 -6 -63 -89 -64 95 103 333 604 121 200 586
Working Capital Days 54 -72 -7 10 -10 -45 41 218 345 312 401 395
ROCE % 5% -13% 1% 17% 62% 135% 24% 8% 6% 5%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.02% 74.02% 74.02% 74.02% 74.02% 74.02% 74.02% 74.02% 71.68% 71.12% 65.81% 65.64%
0.21% 0.21% 0.21% 0.21% 0.21% 0.08% 0.00% 0.00% 0.00% 0.00% 0.00% 0.05%
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.05% 0.02%
25.76% 25.75% 25.76% 25.76% 25.76% 25.89% 25.97% 25.97% 28.31% 28.86% 34.15% 34.30%
No. of Shareholders 11,47319,67619,97024,60225,79226,42526,62524,71026,26829,53736,52043,366

* 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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Documents

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