Is Manali Petrochemicals a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Manali Petrochemicals Ltd is a good quality company .

Is Manali Petrochemicals undervalued or overvalued?

The key valuation ratios of Manali Petrochemicals Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Manali Petrochemicals share price return in the past 10 years?

Manali Petrochemicals Ltd share price has appreciated 21.9% annually (CAGR) over the past ten years.

Is Manali Petrochemicals a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Manali Petrochemicals Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

What is the P/E ratio of Manali Petrochemicals?

The latest standalone P/E ratio of Manali Petrochemicals as of 30-May-2024 is 0.00.

What is the P/B ratio of Manali Petrochemicals?

The latest standalone P/B ratio of Manali Petrochemicals as of 30-May-2024 is 1.42.

What is the 52-week high and low of Manali Petrochemicals?

The 52-week high of Manali Petrochemicals is Rs. 87.15 and the 52-week low is Rs. 55.90.

Manali Petrochemicals Ltd - Stock Valuation and Financial Performance

Name: Manali Petrochemicals
Brand: Manali Petrochemicals

BSE: 500268 | NSE: MANALIPETC | Chemicals | Small Cap

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Manali Petro Share Price

₹80.30 -2.66 -3.21%
as on 30-May'24 16:01

DeciZen - make an informed investing decision on Manali Petro

Based on:

Data

Overall Rating ⓘ
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1. Quality

2. Valuation ⓘ

3. Price Trend

Manali Petrochemicals stock performance -

PE Chart Key Ratios

P/E Ratio (SA):

0.00

Market Cap:

1,381.7 Cr.

52-wk low:

55.9

52-wk high:

87.2

Is Manali Petrochemicals Ltd an attractive stock to invest in?

10 Year X-Ray of Manali Petro: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	15%	19.9%	18.9%	11.8%	15%	13%	10.6%	37.6%	46.9%	5.6%	-
Value Creation Index ⓘ	0.1	0.4	0.4	-0.2	0.1	-0.1	-0.3	1.7	2.4	-0.6	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	554	733	579	583	645	702	677	922	1,444	1,033	798
Sales YoY Gr.	-	32.2%	-21%	0.7%	10.7%	8.8%	-3.6%	36.3%	56.5%	-28.4%	-
Adj EPS ⓘ	1.7	2.6	2.8	2.2	3.2	3.2	2.6	12	22.2	2.9	-0.5
YoY Gr.	-	50.6%	9.8%	-23.5%	49.8%	-1.9%	-17.7%	361.9%	84.5%	-86.7%	-
BVPS (₹) ⓘ	12.3	14.2	16.4	19.9	22.4	25.7	26.6	37	57.3	57.8	56.5
Adj Net Profit ⓘ	29.2	44	48.3	37.1	55.4	54.4	44.7	206	381	50.6	-9
Cash Flow from Ops. ⓘ	45.4	78.4	-5.5	92	69.2	18.6	83.8	201	385	44.2	-
Debt/CF from Ops. ⓘ	0.1	0	-0.4	0.3	0.3	0.8	0.1	0.1	0	0.2	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	7.2%	9.9%	15.2%	-28.4%
Adj EPS ⓘ	6.3%	-1.8%	4.2%	-86.7%
BVPSⓘ	18.8%	20.8%	29.6%	0.9%
Share Price	21.9%	26%	-0.6%	21%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	14.5	19.3	18.3	11.9	15.2	13.2	9.9	37.8	47	5.1	-0.9
Op. Profit Mgn % ⓘ	8.6	9.6	11.3	10.7	14.6	13.4	9.5	31.5	36.2	7.2	0.4
Net Profit Mgn % ⓘ	5.3	6	8.3	6.4	8.6	7.8	6.6	22.4	26.4	4.9	-1.2
Debt to Equity ⓘ	0	0	0	0.1	0	0	0	0	0	0	0
Working Cap Days ⓘ	100	81	143	153	102	104	113	84	61	81	104
Cash Conv. Cycle ⓘ	33	29	34	32	33	43	50	38	27	49	76

Recent Performance Summary

Latest Financials - Manali Petrochemicals Ltd.

	Standalone	Consolidated
TTM EPS (₹)	-0.5	1.1
TTM Sales (₹ Cr.)	798	1,032
BVPS (₹.) ⓘ	56.5	61.7
Reserves (₹ Cr.) ⓘ	886	976
P/BV ⓘ	1.42	1.30
PE ⓘ	0.00	71.92

From the Market
52 Week Low / High (₹)	55.90 / 87.15
All Time Low / High (₹)	0.80 / 149.50
Market Cap (₹ Cr.)	1,382
Equity (₹ Cr.)	86
Face Value (₹)	5
Industry PE ⓘ	49.4

Management X-Ray of Manali Petro:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Manali Petro

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Manali Petro

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	554	733	579	583	645	702	677	922	1,444	1,033
Operating Expenses ⓘ	508	663	515	522	552	611	613	632	921	959
Manufacturing Costs	90	99	73	64	91	108	95	90	125	143
Material Costs	383	495	393	416	418	451	468	490	731	744
Employee Cost	18	27	21	22	22	26	25	26	31	35
Other Costs ⓘ	17	42	27	20	21	26	25	26	34	36
Operating Profit ⓘ	47	70	64	61	93	91	64	290	522	75
Operating Profit Margin (%)	8.5%	9.6%	11.1%	10.5%	14.4%	13.0%	9.4%	31.5%	36.2%	7.2%
Other Income ⓘ	6	7	14	12	2	7	9	13	17	23
Interest ⓘ	2	2	3	2	3	2	6	4	9	8
Depreciation ⓘ	7	6	6	9	8	10	14	20	19	22
Exceptional Items ⓘ	0	0	0	0	0	17	-8	-21	-7	0
Profit Before Tax ⓘ	45	70	69	62	84	103	45	257	505	67
Tax ⓘ	16	26	21	20	29	37	6	64	128	16
Profit After Tax	29	44	48	42	55	65	39	193	377	51
PAT Margin (%)	5.2%	6.0%	8.3%	7.3%	8.5%	9.3%	5.7%	20.9%	26.1%	4.9%
Adjusted EPS (₹)	1.7	2.6	2.8	2.5	3.2	3.8	2.3	11.2	21.9	3.0
Dividend Payout Ratio (%)	30%	20%	18%	20%	16%	20%	33%	13%	11%	25%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	211	245	283	342	386	442	457	636	986	995
Share Capital ⓘ	86	86	86	86	86	86	86	86	86	86
Reserves ⓘ	125	159	197	256	300	356	371	550	900	909
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	2	1	2	23	17	14	9	13	16	7
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	2	1	2	23	17	14	9	13	16	7
Trade Payables	53	100	135	108	45	79	45	67	56	44
Others Liabilities ⓘ	60	62	102	68	70	66	95	108	144	128
Total Liabilities ⓘ	326	408	522	541	519	601	607	825	1,201	1,173
Fixed Assets
Gross Block	291	299	301	151	189	210	239	217	287	320
Accumulated Depreciation	187	193	196	9	17	27	39	35	51	73
Net Fixed Assetsⓘ	104	105	105	142	171	183	200	181	236	247
CWIP ⓘ	3	6	16	28	12	6	26	28	14	23
Investmentsⓘ	19	82	74	126	167	110	151	110	110	399
Inventories	63	76	104	116	57	100	75	60	69	78
Trade Receivables	53	80	90	69	76	82	78	149	134	107
Cash Equivalents	26	22	6	22	7	52	46	258	604	276
Others Assetsⓘ	60	37	127	37	28	67	31	37	35	42
Total Assets ⓘ	326	408	522	541	519	601	607	825	1,201	1,173

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	45	78	-6	92	69	19	84	201	385	44
PBT ⓘ	45	70	69	63	84	103	45	257	505	67
Adjustment ⓘ	3	3	-1	2	3	-7	17	32	7	7
Changes in Working Capital ⓘ	12	37	-44	38	8	-47	34	-21	1	-13
Tax Paid ⓘ	-15	-30	-30	-11	-25	-30	-13	-68	-128	-17
Cash Flow From Investing Activity ⓘ	-2	-6	-12	-137	-15	-17	-22	-16	-12	-311
Capex	-7	-11	-16	-30	-20	-20	-31	-27	-27	-43
Net Investments	0	0	-5	-109	0	0	0	0	0	-289
Others ⓘ	4	5	10	3	5	2	9	10	15	21
Cash Flow From Financing Activityⓘ	-12	-14	-11	3	-19	-15	-25	-12	-27	-61
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-2	-2	-3	-2	-3	-2	-5	-4	-4	-8
Dividend Paid ⓘ	-9	-9	-9	-9	-9	-9	-13	-13	-26	-43
Others ⓘ	-1	-3	0	14	-8	-5	-8	4	3	-10
Net Cash Flow ⓘ	31	58	-29	-42	35	-14	36	172	346	-328

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	14.39	19.28	18.28	13.54	15.08	15.81	8.6	35.23	46.45	5.13
ROCE (%)	22.86	31.36	27.07	19.8	22.57	24.31	10.99	46.89	62.21	7.55
Asset Turnover Ratio	2.04	2.25	1.41	1.22	1.29	1.29	1.15	1.3	1.44	0.88
PAT to CFO Conversion(x)	1.55	1.77	-0.13	2.19	1.25	0.29	2.15	1.04	1.02	0.86
Working Capital Days
Receivable Days	27	29	47	45	39	40	42	44	35	42
Inventory Days	36	31	50	62	46	40	46	26	16	26
Payable Days	39	39	79	95	67	50	48	42	31	24

Manali Petrochemicals Ltd Stock News

Manali Petrochemicals Ltd FAQs

What is the share price of Manali Petro?

Company share prices are keep on changing according to the market conditions. The closing price of Manali Petro on 30-May-2024 16:01 is ₹80.30.

What is the market cap of Manali Petro?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 30-May-2024 16:01 the market cap of Manali Petro stood at ₹1,381.7.

What is the P/E ratio of Manali Petro?

The latest P/E ratio of Manali Petro as of 30-May-2024 16:01 is 0.00.

What is the P/B ratio of Manali Petro?

The latest P/B ratio of Manali Petro as of 30-May-2024 16:01 is 1.42.

What is the 52-week high and low of Manali Petro?

The 52-week high of Manali Petro is ₹87.15 and the 52-week low is ₹55.90.

What is the TTM revenue of Manali Petro?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Manali Petro is ₹797.6 ( Cr.) .

About Manali Petrochemicals Ltd

Manali Petrochemical Ltd. (MPL) established in 1986, is a leader in the production and marketing of propylene glycol and polyols in India.

It is based in Chennai, India. Manali Petrochemical annually produces 27000 metric tonnes of propylene oxide, 14,000 metric tonnes of propylene glycol and 15,000 metric tonnes of polyether polyol and system polyol.

Manali Petrochemical Ltd Plant-I (originally built by SPIC) set up with the technology of Atochem for manufacture of PO and PG and that of Arco for manufacture of Polyuol acquired through Technip, France. Manali Petrochemical Ltd Plant-II (originally joint venture of UB and TIDCO) was merged with MPL later utilizes the technology of Enichem of Italy for the PO and PG and Press Industrial for manufacture of Polyol.

MPL operates two grass route production facilities at Manali near Chennai to manufacturer Propylene oxide (PO), Propylele Glycol (PG) and polyol. MPL markets its poolyols with isocyanate imported from Japan and TDI prepolymers produced at MPL for meeting the demand from polyurethane industry in India.

Product ranges of the company include: