Clean Science And Technology Ltd - Stock Valuation and Financial Performance

BSE: 543318 | NSE: CLEAN | Chemicals | Small Cap

Clean Science Share Price

1,279.30 -11.15 -0.86%
as on 21-Nov'24 16:00

DeciZen - make an informed investing decision on Clean Science

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat Undervalued

3. Price Trend

Clean Science And Technology stock performance -

mw4me loader
P/E Ratio (SA):
49.54
Market Cap:
13,712.9 Cr.
52-wk low:
1,244.5
52-wk high:
1,690

Is Clean Science And Technology Ltd an attractive stock to invest in?

1. Is Clean Science And Technology Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Clean Science And Technology Ltd is a good quality company.

2. Is Clean Science And Technology Ltd undervalued or overvalued?

The key valuation ratios of Clean Science And Technology Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Clean Science And Technology Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Clean Science And Technology Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Clean Science:

Analysis of Financial Track Record

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Clean Science And Technology Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 37.5%59.2%58.9%60.5%46.6%45.4%29.7%-
Value Creation
Index
1.83.43.43.52.52.41.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 241393419512685936789866
Sales YoY Gr.-63.1%6.6%22.2%33.7%36.6%-15.6%-
Adj EPS 4.18.1131820.628.222.626.1
YoY Gr.-97.6%60%38.5%14.8%37%-19.9%-
BVPS (₹) 16.624.132.250.872.395.8114.2124.7
Adj Net
Profit
46.491.7138191219300240277
Cash Flow from Ops. 4584.7160193127299277-
Debt/CF from Ops. 0000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA15%15.5%-15.6%
Adj EPS NA22.8%8%-19.9%
BVPSNA36.6%31%19.2%
Share Price - - -15.7% -4.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
24.739.944.843.233.433.621.521.8
Op. Profit
Mgn %
30.734.844.350.643.943.142.843.6
Net Profit
Mgn %
19.223.332.837.231.932.130.532
Debt to
Equity
00000000
Working Cap
Days
092101103125114134117
Cash Conv.
Cycle
043431623385692

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 15.49%

Return on Equity has declined versus last 3 years average to 21.80%

Net Profit has been subdued in last 3 years 8.01%

Sales growth is not so good in last 4 quarters at 6.86%

Latest Financials - Clean Science And Technology Ltd.

Standalone Consolidated
TTM EPS (₹) 26.1 24.2
TTM Sales (₹ Cr.) 866 884
BVPS (₹.) 124.7 122.1
Reserves (₹ Cr.) 1,314 1,287
P/BV 10.35 10.57
PE 49.54 53.24
From the Market
52 Week Low / High (₹) 1244.45 / 1690.00
All Time Low / High (₹) 1227.45 / 2698.25
Market Cap (₹ Cr.) 13,713
Equity (₹ Cr.) 10.6
Face Value (₹) 1
Industry PE 56.1

Management X-Ray of Clean Science:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Clean Science

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales241393419512685936789
Operating Expenses 168257234253385533452
Manufacturing Costs304955629112297
Material Costs113171129124225326275
Employee Cost 16253144354547
Other Costs 9121824344033
Operating Profit 73137186259300403338
Operating Profit Margin (%) 30.4%34.8%44.3%50.6%43.8%43.1%42.8%
Other Income 5111126303938
Interest 1000011
Depreciation 8111417253644
Exceptional Items 0000000
Profit Before Tax 70137182267305405331
Tax 213943697610283
Profit After Tax 4998140198229304248
PAT Margin (%) 20.2%24.9%33.3%38.7%33.4%32.4%31.4%
Adjusted EPS (₹)4.38.613.118.721.528.623.3
Dividend Payout Ratio (%)9%11%9%13%15%18%21%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 1882723425407681,0181,213
Share Capital 11111111111
Reserves 1862713415297581,0071,203
Minority Interest0000000
Debt0330000
Long Term Debt0000000
Short Term Debt0220000
Trade Payables262236611028094
Others Liabilities 22304959546164
Total Liabilities 2363284306609251,1591,371

Fixed Assets

Gross Block136171225261395561579
Accumulated Depreciation3545597599135178
Net Fixed Assets101126166186296427401
CWIP 143554442
Investments 1876134233247428666
Inventories2937355388109110
Trade Receivables40607074154148162
Cash Equivalents 29981629129
Others Assets16151544673120
Total Assets 2363284306609251,1591,371

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 4585160193127299277
PBT 70137182267305405331
Adjustment 6575132417
Changes in Working Capital -9-2113-14-121-365
Tax Paid -22-36-42-66-69-94-75
Cash Flow From Investing Activity -18-95-107-186-124-245-228
Capex -32-39-51-84-130-125-13
Net Investments 14-58-56-10758-61-2
Others 0105-52-59-212
Cash Flow From Financing Activity -5-11-55-60-55-53
Net Proceeds from Shares 0000011
Net Proceeds from Borrowing 0000000
Interest Paid 000000-1
Dividend Paid -4-11-13-30-56-53
Others -10-43-3000
Net Cash Flow 22-21-3140-3
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)25.9542.5345.4344.9634.9433.9922.21
ROCE (%)37.4559.1858.9460.4546.6345.4129.73
Asset Turnover Ratio1.031.41.110.940.860.90.62
PAT to CFO Conversion(x)0.920.871.140.970.550.981.12
Working Capital Days
Receivable Days60465651615972
Inventory Days44313131383851
Payable Days855282143132102115

Clean Science And Technology Ltd Stock News

Clean Science And Technology Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Clean Science on 21-Nov-2024 16:00 is ₹1,279.3.
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 21-Nov-2024 16:00 the market cap of Clean Science stood at ₹13,712.9.
The latest P/E ratio of Clean Science as of 21-Nov-2024 16:00 is 49.54.
The latest P/B ratio of Clean Science as of 21-Nov-2024 16:00 is 10.35.
The 52-week high of Clean Science is ₹1,690 and the 52-week low is ₹1,244.5.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Clean Science is ₹865.6 ( Cr.) .

About Clean Science And Technology Ltd

Clean Science and Technology is among the few companies globally focused entirely on developing newer technologies using in-house catalytic processes, which are eco-friendly and cost competitive. This has enabled company to emerge as the largest manufacturer globally of certain specialty chemicals in terms of installed manufacturing capacities as of March 31, 2021. The company’s continued focus on product identification, process innovation, catalyst development, significant scale of operations as well as its measures towards strategic backward integration have all contributed to its success as one of the fastest growing and among the most profitable specialty chemical companies globally.

The company manufactures functionally critical specialty chemicals such as Performance Chemicals (i.e. MEHQ, BHA and AP), Pharmaceutical Intermediates (i.e. Guaiacol and DCC), and FMCG Chemicals (i.e. 4-MAP and Anisole). The company’s specialty chemicals have a wide range of applications that cater to a diverse base of customers across industries. Its customers include manufacturers and distributors in India as well as other regulated international markets including China, Europe, the United States of America, Taiwan, Korea, and Japan. In Fiscal 2021, revenue from operations for sales outside India represented 67.86% of its total revenue from operations, respectively. It has two certified production facilities in India strategically located at Kurkumbh (Maharashtra), in close proximity to the JNPT port from where it exports majority of its products.

Business area of the company

The company is among the leading companies in India to have commercialized use of environment-friendly processes to manufacture certain specialty chemicals, at global capacities.

Awards, accreditations and recognitions

  • 2018: First award in L-I - Basic Chemicals, Pharmaceuticals and Cosmetic Products category for export performance in the year 2015-16 and felicitation with memento and certificate of honour by the Directorate of Industries, Government of Maharashtra.
  • 2019: Winner of SME Elite Jury Round conducted by the ICICI Bank.
  • 2019: Felicitated with memento and certificate of honour in LSI- Basic Chemicals, Pharmaceuticals and Cosmetic Products category for export performance in the year 2016-17 by the Directorate of Industries, Government of Maharashtra.
  • 2019: Felicitated with the Company of the Year - Chemical award by Zee Business Dare to Dream Awards, Season 2.

Major events and milestones

  • 2009: Commenced manufacturing MEHQ and Guaiacol.
  • 2010: Commenced original cycle start date for Quality Management System and Environmental Management System for ISO certification.
  • 2011: Commenced manufacturing 4 MAP.
  • 2014: Commenced manufacturing BHA.
  • 2016: Entered into a memorandum of understanding with the Government of Maharashtra whereby the Government of Maharashtra will facilitate in obtaining necessary permissions/ registrations/ approvals/ clearances/ fiscal incentives from the concerned departments to enable investment of Rs 807.40 million in Maharashtra in a time bound manner.
  • 2017: Commenced manufacturing Anisole.
  • 2019: Commenced manufacturing AP.
  • 2020: Commenced manufacturing DCC.
  • 2021: Allotment of land admeasuring 67,053 sq mts in the ADDL Kurkumbh (Patas) Industrial Area.
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