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Aksharchem (I) share price

Aksharchem (India) Ltd.

NSE: AKSHARCHEM BSE: 524598 SECTOR: Dyes & Pigments  14k   30   4

275.90
-2.45 (-0.88%)
NSE: 12 Apr 04:05 PM

Price Summary

Today's High

₹ 281.85

Today's Low

₹ 274

52 Week High

₹ 365.5

52 Week Low

₹ 220.05

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationAttractive
The stock is considerably attractive based on intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

221.63 Cr.

Enterprise Value

244.52 Cr.

No. of Shares

0.8 Cr.

P/E

0

P/B

0.83

Face Value

₹ 10

Div. Yield

0.18 %

Book Value (TTM)

₹  330.78

CASH

1.74 Cr.

DEBT

24.63 Cr.

Promoter Holding

62.7 %

EPS (TTM)

₹  -18.2

Sales Growth

-12.01%

ROE

-0.34 %

ROCE

0.86%

Profit Growth

-105.92 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-12.01%
3 Year8.76%
5 Year4.84%

Profit Growth

1 Year-105.92%
3 Year-139.13%
5 Year-149.86%

ROE%

1 Year-0.34%
3 Year3.32%
5 Year5.02%

ROCE %

1 Year0.86%
3 Year4.54%
5 Year6.91%

Debt/Equity

0.0885

Price to Cash Flow

5.84

Interest Cover Ratio

0.844790046656299

CFO/PAT (5 Yr. Avg.)

1.65761608128198

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 62.7 0
Dec 2023 62.7 0
Sep 2023 62.7 0
Jun 2023 62.7 0
Mar 2023 62.7 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has significantly decreased its debt by 25.6478 Cr.
  • Company is virtually debt free.
  • The company has an efficient Cash Conversion Cycle of 46.5187036583563 days.
  • Company has a healthy liquidity position with current ratio of 2.24903447784831.
  • The company has a high promoter holding of 62.7%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 3.17659190831118.

 Limitations

  • The company has shown a poor profit growth of -139.13121133214% for the Past 3 years.
  • The company has shown a poor revenue growth of 8.76031467228924% for the Past 3 years.
  • Company has a poor ROE of 3.31924111228831% over the past 3 years.
  • Company has a poor ROCE of 4.53857669892816% over the past 3 years
  • The company is trading at a high EV/EBITDA of 81.8133.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 64.91 64.74 71.68 73.3 75.28
Total Expenditure 62.9 63.05 72.35 76.5 70.34
Operating Profit 2 1.69 -0.67 -3.2 4.94
Other Income 0.02 0.07 0.04 0.02 0.28
Interest 0.74 0.68 0.8 0.88 0.98
Depreciation 3.24 3.17 3.35 3.49 3.47
Exceptional Items 0 0 0 0 0
Profit Before Tax -1.96 -2.08 -4.78 -7.55 0.77
Tax -0.54 -0.12 0.6 0.06 0.44
Profit After Tax -1.42 -1.97 -5.38 -7.61 0.33
Adjusted EPS (Rs) -1.77 -2.45 -6.7 -9.47 0.41

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 322.88 260.15 246.48 380.34 334.68
Total Expenditure 288.4 234.25 222.58 348.63 319.27
Operating Profit 34.49 25.89 23.91 31.72 15.41
Other Income 5.35 1.05 1.13 0.65 0.15
Interest 0.92 1.11 0.69 2.21 3.22
Depreciation 5.51 6.73 7.05 12.22 12.85
Exceptional Items 0 0 0 0 0
Profit Before Tax 33.41 19.11 17.3 17.95 -0.5
Tax 10.82 3.39 4.8 2.03 0.44
Net Profit 22.59 15.72 12.5 15.91 -0.94
Adjusted EPS (Rs.) 27.54 19.17 15.24 19.81 -1.17

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 8.2 8.2 8.2 8.03 8.03
Total Reserves 249 257.11 270.52 271.69 270.33
Borrowings 0 0 0 22.5 16.5
Other N/C liabilities 15.16 13.69 16.56 18.1 18.42
Current liabilities 43.65 43.93 60.21 85.65 51.97
Total Liabilities 316.02 322.93 355.5 405.97 365.25
Assets
Net Block 126.07 128.3 228.74 231.23 225.43
Capital WIP 30.82 61.72 5.68 16 17.44
Intangible WIP 0.22 0.35 0.41 0 0
Investments 20.98 1.09 0.25 0 0
Loans & Advances 16.8 11.47 6.25 6.06 5.5
Other N/C Assets 0 0 0 0.08 0
Current Assets 121.12 120.02 114.17 152.59 116.87
Total Assets 316.02 322.93 355.5 405.97 365.25
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 33.41 19.11 17.3 17.95 -0.5
Adjustment 1.12 7.35 6.66 13.84 15.96
Changes in Assets & Liabilities -34.28 3.89 26.63 -23.15 23.91
Tax Paid -9.03 -4.02 -1.31 -4.33 -1.45
Operating Cash Flow -8.78 26.32 49.27 4.31 37.92
Investing Cash Flow -1.96 -19.8 -49.36 -23.78 -8.4
Financing Cash Flow 7.15 -6.55 1.31 18.18 -29.51
Net Cash Flow -3.59 -0.03 1.22 -1.3 0.01

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 62.70 62.70 62.70 62.70 62.70
chelsea marketing llp 3.95 3.95 3.95 3.95 3.95
mrugesh jaykrishna family... 38.87 38.87 38.87 38.87 38.87
munjal m. jaykrishna fami... 19.87 19.87 19.87 19.87 19.87
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 37.30 37.30 37.30 37.30 37.30
dic corporation 2.07 2.07 2.07 2.07 2.07
investor education and pr... 1.50 1.50 1.50 1.50 1.50
llp 0.01 0.01 0.01 0.01 0.01
pravinaben vora 1.26 1.26 1.26 1.26 1.46
tarak v vora 1.72 1.72 1.72 1.72 2.23

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Aksharchem (India) informs about disclosure 2 Apr 2024, 12:20PM Aksharchem (India) informs about closure of trading window27 Mar 2024, 2:55PM Aksharchem (I) - Quaterly Results30 Jan 2024, 3:46PM Aksharchem (I) - Quaterly Results30 Jan 2024, 3:46PM Aksharchem (I) - Quaterly Results30 Jan 2024, 3:46PM Aksharchem (India) informs about board meeting22 Jan 2024, 12:56PM Aksharchem recognized as Three Star Export House23 Dec 2023, 12:57PM Aksharchem (I) - Quaterly Results7 Nov 2023, 3:01PM Aksharchem (I) - Quaterly Results7 Nov 2023, 3:01PM Aksharchem (India) informs about details of loss of certificate 12 Oct 2023, 12:17PM Aksharchem (I) - Quaterly Results10 Aug 2023, 3:11PM Aksharchem (I) - Quaterly Results10 Aug 2023, 3:11PM Aksharchem (I) - Quaterly Results10 Aug 2023, 3:11PM Aksharchem (I) - Quaterly Results9 Feb 2023, 1:22PM Aksharchem (I) - Quaterly Results9 Feb 2023, 1:22PM Aksharchem (I) - Quaterly Results9 Feb 2023, 1:22PM Aksharchem (India) informs about loss of share certificates28 Nov 2022, 4:36PM Aksharchem (I) - Quaterly Results11 Nov 2022, 12:31PM Aksharchem (India) informs about outcome of AGM28 Sep 2022, 3:56PM Aksharchem (India) informs about details of loss of certificate 16 Sep 2022, 3:10PM Aksharchem (I) - Quaterly Results9 Aug 2022, 3:11PM Aksharchem (I) - Quaterly Results9 Aug 2022, 3:11PM Aksharchem (I) - Quaterly Results9 Aug 2022, 3:11PM AksharChem (India) to stop production of H-Acid plant24 May 2022, 2:59PM Aksharchem (I) - Quaterly Results20 May 2022, 2:19PM Aksharchem (I) - Quaterly Results20 May 2022, 2:19PM Aksharchem (I) - Quaterly Results20 May 2022, 2:19PM Aksharchem (India) informs about board meeting17 Jan 2022, 4:55PM Aksharchem (India) informs about loss of share certificates4 Jan 2022, 4:03PM Aksharchem (India) informs about trading window closure1 Jan 2022, 3:40PM AksharChem India informs about loss of share certificate29 Nov 2021, 12:21PM Aksharchem (India) informs about loss of share certificates21 Sep 2021, 3:33PM Aksharchem (India) informs about 32nd AGM6 Sep 2021, 1:59PM Aksharchem (India) fixes book closure for AGM and dividend6 Sep 2021, 1:50PM AksharChem commences commercial production of Precipitated Silica8 Jul 2021, 3:38PM AksharChem to temporarily shutdown H-acid plant7 Jul 2021, 3:55PM Aksharchem (India) informs about shutdown of plant7 Jul 2021, 3:22PM Aksharchem (India) informs about loss of share certificate 11 Sep 2020, 4:45PM Aksharchem (India) informs about disclosure 4 Jul 2020, 2:26PM

Aksharchem (I) Stock Price Analysis and Quick Research Report. Is Aksharchem (I) an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Aksharchem (I) has a PE ratio of -15.1554268952523 which is low and comparatively undervalued .

  • Share Price: - The current share price of Aksharchem (I) is Rs 275.9. One can use valuation calculators of ticker to know if Aksharchem (I) share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Aksharchem (I) has ROA of -0.244313221427107 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Aksharchem (I) has a Current ratio of 2.24903447784831 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Aksharchem (I) has a ROE of -0.337619244977864 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Aksharchem (I) has a D/E ratio of 0.0885 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Aksharchem (I) has an Inventory turnover ratio of 5.07783142858227 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Aksharchem (I) has reported revenue growth of -12.0064341686114 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Aksharchem (I) for the current financial year is 4.60522423602825 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Aksharchem (I) is Rs 0.5 and the yield is 0.1786 %.

Last Updated on:
Brief about Aksharchem (I)
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