Sadhana Nitro Chem Ltd

Sadhana Nitro Chem Ltd

₹ 67.0 -0.79%
04 Jul 4:01 p.m.
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 1,653 Cr.
  • Current Price 67.0
  • High / Low 114 / 49.0
  • Stock P/E 405
  • Book Value 9.17
  • Dividend Yield 0.22 %
  • ROCE 7.31 %
  • ROE 1.80 %
  • Face Value 1.00

Pros

  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 77.8%
  • Company's median sales growth is 27.8% of last 10 years

Cons

  • Stock is trading at 7.30 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 2.50% over last 3 years.
  • Company has high debtors of 242 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

Consolidated Figures in Rs. Crores / View Standalone

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
39.47 28.48 31.60 31.82 39.82 27.44 36.53 31.20 48.16 39.41 42.01 44.08 64.55
22.27 23.75 28.25 28.19 36.91 24.87 32.31 26.48 38.46 31.56 29.48 32.68 55.26
Operating Profit 17.20 4.73 3.35 3.63 2.91 2.57 4.22 4.72 9.70 7.85 12.53 11.40 9.29
OPM % 43.58% 16.61% 10.60% 11.41% 7.31% 9.37% 11.55% 15.13% 20.14% 19.92% 29.83% 25.86% 14.39%
-1.32 0.53 1.14 1.69 1.60 1.27 0.36 -0.16 0.32 0.73 -0.01 0.77 2.47
Interest 1.11 0.82 0.96 1.53 1.26 1.27 2.29 1.93 4.27 4.32 4.49 4.36 4.12
Depreciation 1.54 1.50 1.50 1.51 1.59 1.58 1.67 1.68 2.68 3.79 3.82 3.83 3.47
Profit before tax 13.23 2.94 2.03 2.28 1.66 0.99 0.62 0.95 3.07 0.47 4.21 3.98 4.17
Tax % 13.53% 20.75% 20.20% 28.51% 61.45% -3.03% 159.68% 21.05% 42.67% 87.23% 38.95% 76.63% 87.53%
11.44 2.33 1.62 1.63 0.64 1.02 -0.37 0.75 1.76 0.06 2.57 0.93 0.52
EPS in Rs 0.48 0.10 0.07 0.07 0.03 0.04 -0.02 0.03 0.07 0.00 0.10 0.04 0.02
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Jun 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
72 32 48 36 55 114 267 106 103 132 143 190
66 34 52 34 47 79 147 77 80 117 122 149
Operating Profit 6 -2 -4 2 8 35 120 29 23 15 21 41
OPM % 8% -7% -8% 5% 15% 31% 45% 27% 23% 11% 15% 22%
15 12 14 0 0 0 1 2 5 5 2 4
Interest 10 6 5 5 6 5 12 3 3 5 10 17
Depreciation 4 2 2 2 2 2 3 6 6 6 8 15
Profit before tax 6 1 3 -5 1 28 107 22 19 9 6 13
Tax % 35% 148% -35% 0% 0% -11% 29% 34% 15% 30% 44% 68%
4 -1 4 -5 1 31 76 15 16 6 3 4
EPS in Rs 0.18 -0.03 0.17 -0.21 0.02 1.30 3.17 0.61 0.67 0.26 0.13 0.17
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 47% 95% 91%
Compounded Sales Growth
10 Years: 19%
5 Years: -7%
3 Years: 23%
TTM: 33%
Compounded Profit Growth
10 Years: 9%
5 Years: -44%
3 Years: -36%
TTM: 28%
Stock Price CAGR
10 Years: 65%
5 Years: 41%
3 Years: 18%
1 Year: -39%
Return on Equity
10 Years: 16%
5 Years: 6%
3 Years: 3%
Last Year: 2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 1 37 96 107 116 116 206 202
Preference Capital 2 2 10 10 0 4 0 0 0 0 0
52 40 27 34 36 11 8 46 83 116 139 233
21 24 36 37 37 82 64 53 91 135 102 73
Total Liabilities 72 62 66 68 83 139 177 216 304 386 466 532
28 26 31 29 37 50 76 84 78 75 144 156
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
36 28 26 30 37 78 94 111 197 236 288 317
Total Assets 72 62 66 68 83 139 177 216 304 386 466 532

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

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 6 9 -1 9 35 53 -17 1 -5 -38 -2
-2 11 -0 -0 -1 -6 -25 -22 -23 -39 -53 -65
-4 -18 -9 2 -25 -13 -23 30 30 46 72 41
Net Cash Flow 0 -1 0 1 -16 16 5 -9 7 2 -19 -26

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 60 68 56 131 68 49 21 100 173 113 167 242
Inventory Days 114 214 102 176 222 184 217 641 600 495
Days Payable 134 253 226 395 350 195 64 272 234 143
Cash Conversion Cycle 39 30 -68 -88 -59 37 174 469 539 113 167 594
Working Capital Days 52 -39 -7 23 -12 -81 30 218 291 279 402 376
ROCE % 5% -13% 0% 16% 62% 136% 18% 12% 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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