Is Chemplast Sanmar a good quality company?

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

Is Chemplast Sanmar undervalued or overvalued?

The key valuation ratios of Chemplast Sanmar Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is Chemplast Sanmar share price return in the past 10 years?

Data is not available for this company

Is Chemplast Sanmar a good buy now?

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

Chemplast Sanmar Ltd - Stock Valuation and Financial Performance

Name: Chemplast Sanmar
Brand: Chemplast Sanmar

BSE: 543336 | NSE: CHEMPLASTS | Chemicals | Small Cap

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Chemplast Sanmar Share Price

₹493.45 -14.70 -2.89%
as on 26-Dec'24 15:13

10 Year X-Ray of Chemplast Sanmar:

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'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	0%	0%	0%	45.3%	17.7%	8.8%	82.4%	183.5%	28.5%	-3%	-
Value Creation Index ⓘ	NA	NA	NA	2.2	0.3	-0.4	4.9	12.6	1.1	-1.2	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	0	0	0	3,030	1,254	1,258	3,799	5,892	4,941	3,923	4,076
Sales YoY Gr.	-	NA	NA	NA	-58.6%	0.3%	202.1%	55.1%	-16.1%	-20.6%	-
Adj EPS ⓘ	0	0	0	18.7	9.2	3.7	34.3	43	15.5	-9.3	-8.1
YoY Gr.	-	NA	NA	NA	-50.9%	-59.2%	816.3%	25.4%	-63.8%	-160%	-
BVPS (₹) ⓘ	0	0	0	34.1	57.7	63.1	-141.7	4.5	17	9.8	14.4
Adj Net Profit ⓘ	0	0	0	298	123	50.2	459	679	246	-147	-128
Cash Flow from Ops. ⓘ	0	0	0	445	234	166	1,076	901	355	-245	-
Debt/CF from Ops. ⓘ	0	0	0	1.2	3.8	7.8	2	1	2.9	-6.4	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	NA	25.6%	1.1%	-20.6%
Adj EPS ⓘ	NA	-200.4%	-164.8%	-160%
BVPSⓘ	NA	-29.8%	NA	-42%
Share Price	-	-	-3.6%	-1.7%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	54.7	10.2	2.7	60.1	105.6	14.1	-8.5	-66.7
Op. Profit Mgn % ⓘ	19.4	26.1	25.3	26.8	21.4	10.5	1.5	4
Net Profit Mgn % ⓘ	9.9	9.8	4	12.1	11.5	5	-3.8	-3.1
Debt to Equity ⓘ	1	1.2	1.5	-1.1	12.6	3.9	10.1	0.6
Working Cap Days ⓘ	0	118	104	48	53	79	102	81
Cash Conv. Cycle ⓘ	0	-132	-8	-87	-96	-93	-97	-31

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years 1.08%

Debt to equity has increased versus last 3 years average to 10.14

Sales growth is not so good in last 4 quarters at -4.56%

Latest Financials - Chemplast Sanmar Ltd.

	Standalone	Consolidated
TTM EPS (₹)	-6.3	-8.1
TTM Sales (₹ Cr.)	2,031	4,076
BVPS (₹.) ⓘ	176.6	14.4
Reserves (₹ Cr.) ⓘ	2,712	149
P/BV ⓘ	2.88	35.23
PE ⓘ	0.00	0.00

From the Market
52 Week Low / High (₹)	413.75 / 633.00
All Time Low / High (₹)	6.42 / 826.35
Market Cap (₹ Cr.)	8,034
Equity (₹ Cr.)	79.1
Face Value (₹)	5
Industry PE ⓘ	57.5

Management X-Ray of Chemplast Sanmar:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Chemplast Sanmar

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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 Chemplast Sanmar

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'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	3,030	1,254	1,258	3,799	5,892	4,941	3,923
Operating Expenses ⓘ	2,506	933	945	2,837	4,695	4,473	3,897
Manufacturing Costs	417	396	363	432	657	878	815
Material Costs	1,842	400	421	2,122	3,715	3,212	2,708
Employee Cost	93	78	83	114	120	147	170
Other Costs ⓘ	154	59	78	170	203	236	203
Operating Profit ⓘ	523	321	312	961	1,197	468	26
Operating Profit Margin (%)	17.3%	25.6%	24.8%	25.3%	20.3%	9.5%	0.7%
Other Income ⓘ	27	12	8	16	57	80	80
Interest ⓘ	77	48	95	433	322	154	181
Depreciation ⓘ	75	56	87	131	137	142	151
Exceptional Items ⓘ	-13	0	0	-16	0	-81	0
Profit Before Tax ⓘ	408	193	72	547	796	172	-226
Tax ⓘ	159	75	26	137	147	19	-67
Profit After Tax	249	118	46	410	649	152	-158
PAT Margin (%)	8.2%	9.4%	3.7%	10.8%	11.0%	3.1%	-4.0%
Adjusted EPS (₹)	15.5	8.8	3.4	30.6	41.0	9.6	-10.0
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	545	1,862	1,913	-384	1,671	1,824	1,666
Share Capital ⓘ	80	67	67	67	79	79	79
Reserves ⓘ	465	1,795	1,845	-451	1,592	1,745	1,587
Minority Interest	0	0	0	0	0	0	0
Debt	460	830	1,254	2,059	833	964	1,395
Long Term Debt	170	677	1,207	2,059	833	964	1,136
Short Term Debt	290	153	48	0	0	0	258
Trade Payables	960	220	216	1,656	1,928	1,862	1,746
Others Liabilities ⓘ	661	889	725	1,155	1,170	1,187	1,224
Total Liabilities ⓘ	2,626	3,802	4,108	4,487	5,602	5,837	6,030
Fixed Assets
Gross Block	1,159	2,136	2,288	3,413	3,335	3,386	4,254
Accumulated Depreciation	142	28	114	265	76	200	347
Net Fixed Assetsⓘ	1,016	2,108	2,174	3,148	3,259	3,186	3,907
CWIP ⓘ	82	117	8	25	34	402	190
Investmentsⓘ	919	1,159	1,458	0	0	0	0
Inventories	313	200	182	407	711	643	569
Trade Receivables	60	67	48	74	190	143	190
Cash Equivalents	157	52	113	651	1,229	1,192	801
Others Assetsⓘ	78	98	125	181	179	271	374
Total Assets ⓘ	2,626	3,802	4,108	4,487	5,602	5,837	6,030

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	445	234	166	1,076	901	355	-245
PBT ⓘ	385	229	137	563	796	172	-226
Adjustment ⓘ	89	100	179	526	420	290	247
Changes in Working Capital ⓘ	39	-39	-112	48	-138	-12	-247
Tax Paid ⓘ	-69	-55	-39	-61	-177	-93	-20
Cash Flow From Investing Activity ⓘ	-370	-311	-438	2,152	108	-217	-524
Capex	-62	-60	-50	-55	-52	-420	-588
Net Investments	-321	-261	-391	2,496	129	137	4
Others ⓘ	12	10	3	-289	31	65	60
Cash Flow From Financing Activityⓘ	16	-3	298	-3,017	-313	-27	382
Net Proceeds from Shares ⓘ	0	0	0	-2,455	1,300	0	0
Net Proceeds from Borrowing ⓘ	-62	-58	-99	-23	-52	152	319
Interest Paid ⓘ	-76	-47	-122	-390	-301	-164	-187
Dividend Paid ⓘ	0	0	0	0	0	0	0
Others ⓘ	155	102	519	-149	-1,261	-15	251
Net Cash Flow ⓘ	91	-80	26	211	696	111	-387

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	45.6	17.96	5.69	N/A	0	89.68	-74.76
ROCE (%)	45.3	17.67	8.8	N/A	183.45	28.51	-2.96
Asset Turnover Ratio	1.21	0.39	0.32	0.88	1.17	0.86	0.66
PAT to CFO Conversion(x)	1.79	1.98	3.61	2.62	1.39	2.34	N/A
Working Capital Days
Receivable Days	7	18	17	6	8	12	15
Inventory Days	36	74	55	28	35	50	56
Payable Days	190	538	189	161	176	215	243

Chemplast Sanmar Ltd Stock News

Chemplast Sanmar Ltd FAQs

What is the share price of Chemplast Sanmar?

Company share prices are keep on changing according to the market conditions. The closing price of Chemplast Sanmar on 26-Dec-2024 15:13 is ₹493.4.

What is the market cap of Chemplast Sanmar?

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 26-Dec-2024 15:13 the market cap of Chemplast Sanmar stood at ₹8,034.3.

What is the P/E ratio of Chemplast Sanmar?

The latest P/E ratio of Chemplast Sanmar as of 26-Dec-2024 15:13 is 0.00.

What is the P/B ratio of Chemplast Sanmar?

The latest P/B ratio of Chemplast Sanmar as of 26-Dec-2024 15:13 is 2.88.

What is the 52-week high and low of Chemplast Sanmar?

The 52-week high of Chemplast Sanmar is ₹633.0 and the 52-week low is ₹413.8.

What is the TTM revenue of Chemplast Sanmar?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Chemplast Sanmar is ₹2,031 ( Cr.) .

About Chemplast Sanmar Ltd

Chemplast Sanmar (CSL) is a specialty chemicals manufacturer in India with focus on specialty paste PVC resin and custom manufacturing of starting materials and intermediates for pharmaceutical, agro-chemical and fine chemicals sectors. CSL is one of India’s leading manufacturers of specialty paste PVC resin on the basis of installed production capacity, as of December 31, 2020. In addition, CSL is also the third largest manufacturer of caustic soda and the largest manufacturer of hydrogen peroxide in the South India region, on the basis of installed production capacity as of December 31, 2020 and one of the oldest manufacturers in the chloromethanes market in India. Pursuant to the CCVL Acquisition, it acquired 100.0% equity interest in CCVL that is the second largest manufacturer of suspension PVC resin in India and the largest manufacturer in the South India region, on the basis of installed production capacity as of December 31, 2020.

The company has four manufacturing facilities, of which three are located in Tamil Nadu at Mettur, Berigai and Cuddalore and one is located in Puducherry at Karaikal. Its integrated business model for production of specialty paste PVC resin and chloromethanes has been critical to its success. It has also leased a salt field from the Government of Tamil Nadu at Vedaranyam, Tamil Nadu. It has a strong focus on sustainability in all aspects of its operations. Its manufacturing facilities are certified ISO 9001:2015 for quality management systems and ISO 45001:2018 for occupational health and safety management systems, to the extent required. In addition, it has received the Indian Chemical Council certification ‘Responsible Care’ for maintaining best practices in its operations.

Business area of the company

The company is a leading specialty chemical manufacturer in India. The company is engaged in the manufacturing of specialty paste PVC resin, starting materials, and intermediates for agro-chemical, pharmaceuticals, agro-chemical, and fine chemical sectors. It also produces other types of chemicals such as Caustic Soda, Chlorochemicals, Hydrogen Peroxide, Refrigerant gas, and Industrial Salt.

Key awards, accreditations or recognitions

2017-18: Star Award from National Safety Council, Tamil Nadu Chapter, for promoting safety, health and management practices to the Company’s facilities at Mettur Facility II and Mettur Facility III.
2017-18: FICCI Sustainability Award for Excellence in Safety (Petrochemicals).
2017-18: Chemplast Sanmar, Karaikal won the Indian Chemical Council (“ICC”) award for Excellence in Management of Health and Safety 2017.
2019-20: British Safety Council’s Occupational Health and Safety Audit Five Star grading for CCVL.
2019-20: Indian Chemical Council ‘Certificate of Merit for Social Responsibility’ for 2018.
2019-20: ‘First price in manufacturing (large sector) at 8th FICCI Safety Systems Excellence Awards or Industry, 2019 (Mettur Plant III).
2019-20: Safety Award from the Directorate of Industrial Safety and Health, Government of Tamil Nadu for achieving lowest weighted injury accident frequency rate at the Mettur Facility and achieving the longest injury free working at the Mettur Facility.
2019-20: Silver EcoVadis Medal from EcoVadis and the result places the Company among the top 25% of companies accessed by EcoVadis (Mettur Facility III).

Major events and milestones

1962: Incorporation of erstwhile Chemicals and Plastics India Limited.
1967: Commencement of manufacture of PVC resins at Mettur Facility.
1984: Investment in acquisition of shares of The Mettur Chemical and Industrial Corporation Limited (“MCIC”).
1988: Amalgamation of MCIC with the erstwhile Chemicals and Plastics India Limited pursuant to a scheme of amalgamation approved by the High Court of Madras by way of order dated November 27, 1989, effective from April 1, 1988.
1991: Erstwhile Chemicals and Plastics India Limited merged with Urethanes India Limited, pursuant to the CPIL Scheme of Amalgamation. As a part of the CPIL Scheme of Amalgamation, the name of the merged entity was changed from “Urethanes India Limited” to “Chemicals and Plastics India Limited”.
1992: The equity shares of Company were listed on BSE and Madras Stock Exchange Limited.
1995: The name of our Company was changed from “Chemicals and Plastics India Limited” to “Chemplast Sanmar Limited”.
1995: The equity shares of our Company were listed on NSE.
1997: Expansion of production capacity of PVC Resins to 60,000 TPA.
2003: Acquisition of Caustic Soda facility at Karaikal, Puducherry from Kothari Petrochemicals Limited.
2007: Commissioning of the marine terminal facility and the EDC Plant at Karaikkal, Puducherry.
2007: Commissioning of the project for conversion of the manufacturing process of Caustic Soda at Mettur Dam from Mercury to membrane.
2009: Greenfield suspension PVC facility commissioned at Cuddalore, Tamil Nadu along with a captive marine terminal facility (“S-PVC Undertaking”).
2012: Delisting of equity shares of the Company from Madras Stock Exchange Limited, BSE and NSE.
2013: Expanded capacities at (i) Mettur, Tamil Nadu, of Paste PVC resin to 66,000 TPA, and (ii) Cuddalore, Tamil Nadu, of S-PVC to Cuddalore 300,000 TPA.
2017: Purchase of Hydrogen Peroxide plant and machinery from Asian Peroxides Limited.
2019: Commissioning of Hydrogen Peroxide plant at Mettur, Tamil Nadu.
2019: Demerger of S-PVC Undertaking of the Company at Cuddalore, Tamil Nadu and vesting of such undertaking in CCVL pursuant to the Composite Scheme of Arrangement.
2019: Amalgamation of Sanmar Speciality Chemicals Limited with Company pursuant to the Composite Scheme of Arrangement.
2021: CCVL became a wholly owned subsidiary of Company pursuant to the CCVL Acquisition.