Diamines & Chemicals Ltd - Stock Valuation and Financial Performance

BSE: 500120 | NSE: DIAMINESQ | Chemicals | Small Cap

Diamines & Chemicals Share Price

500 3.30 0.66%
as on 20-Dec'24 16:59

DeciZen - make an informed investing decision on Diamines & Chemicals

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Semi Strong

Diamines & Chemicals stock performance -

mw4me loader
P/E Ratio (SA):
58.61
Market Cap:
489.2 Cr.
52-wk low:
446
52-wk high:
690

Is Diamines & Chemicals Ltd an attractive stock to invest in?

1. Is Diamines & Chemicals Ltd a good quality company?

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

2. Is Diamines & Chemicals Ltd undervalued or overvalued?

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

3. Is Diamines & Chemicals Ltd a good buy now?

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

10 Year X-Ray of Diamines & Chemicals:

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.
Diamines & Chemicals 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'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 6.1%5.9%16.4%19.6%38.3%60.8%34.4%23.9%48.3%17%-
Value Creation
Index
-0.6-0.60.20.41.73.31.50.72.50.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 39.135.634.838.547.369.362.866.111110488
Sales YoY Gr.--9%-2.3%10.7%22.9%46.5%-9.4%5.2%67.2%-5.9%-
Adj EPS -1.30.34.98.313.427.721.517.14318.18.5
YoY Gr.-NA1856%68.7%62.4%106.7%-22.5%-20.4%151.6%-58%-
BVPS (₹) 31.231.538.443.649.966.686.9102.5137.8154.1170.1
Adj Net
Profit
-1.30.34.88.113.127.12116.742.117.78
Cash Flow from Ops. 4.77.38.99.912.52615.427.316.319.7-
Debt/CF from Ops. 4.32.10.800.200000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 11.5%17.1%18.3%-5.9%
Adj EPS NA6.1%-5.6%-58%
BVPS19.4%25.3%21%11.8%
Share Price 31.9% 33.7% 26.9% -10.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
-3.80.713.520.128.747.52818.135.812.45.3
Op. Profit
Mgn %
13.61326.230.140.157.44033.450.523.313.6
Net Profit
Mgn %
-3.30.713.82127.739.133.425.338.1179.4
Debt to
Equity
0.70.50.200000000
Working Cap
Days
301314278200138108161142111168175
Cash Conv.
Cycle
1271361241037451907152100148

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 18.31%

Return on Equity has declined versus last 3 years average to 5.30%

Net Profit has been subdued in last 3 years -5.62%

Sales growth is not so good in last 4 quarters at -18.97%

Latest Financials - Diamines & Chemicals Ltd.

Standalone Consolidated
TTM EPS (₹) 8.5 5.9
TTM Sales (₹ Cr.) 88.4 88.4
BVPS (₹.) 170.1 166.4
Reserves (₹ Cr.) 143 153
P/BV 2.94 3.00
PE 58.61 84.89
From the Market
52 Week Low / High (₹) 445.95 / 690.00
All Time Low / High (₹) 0.60 / 690.00
Market Cap (₹ Cr.) 489
Equity (₹ Cr.) 9.8
Face Value (₹) 10
Industry PE 57.2

Management X-Ray of Diamines & Chemicals:

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

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Diamines & Chemicals

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales3936353947696366111104
Operating Expenses 34312627283438445580
Manufacturing Costs55571088101213
Material Costs23211413111316192647
Employee Cost 443445781012
Other Costs 3233386678
Operating Profit 54912193525225624
Operating Profit Margin (%) 12.7%12.5%26.2%30.1%40.0%50.8%40.0%33.3%50.4%23.3%
Other Income 0000123233
Interest 3320000000
Depreciation 2222222223
Exceptional Items 000-2000000
Profit Before Tax 0068183526225724
Tax 101151155146
Profit After Tax -2057132421174218
PAT Margin (%) -4.0%0.7%13.8%18.4%27.8%34.6%33.5%25.3%38.2%17.1%
Adjusted EPS (₹)-1.60.34.97.313.424.521.517.143.218.2
Dividend Payout Ratio (%)0%0%31%35%15%16%23%18%14%14%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 33343843496585100135151
Share Capital 10101010101010101010
Reserves 2424283339557590125141
Minority Interest0000000000
Debt171240200000
Long Term Debt7410000000
Short Term Debt10930200000
Trade Payables3224433285
Others Liabilities 1212106787899
Total Liabilities 66605453627695111151165

Fixed Assets

Gross Block65652728303338514269
Accumulated Depreciation363824681091013
Net Fixed Assets29272524242528423256
CWIP 00011102211
Investments 0011026132730
Inventories12987971321717
Trade Receivables87888129102317
Cash Equivalents 01111173133402738
Others Assets16161122-26157
Total Assets 66605453627695111151165

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 57910122615271620
PBT 0068183526225724
Adjustment 5433151101
Changes in Working Capital -0310-3-3-511-251
Tax Paid 00-1-2-3-11-6-6-15-7
Cash Flow From Investing Activity -201-3-9-13-15-22-9-17
Capex 00-97-3-3-11-13-10-6
Net Investments 00000-2-1-3-3-2
Others -2010-9-6-8-3-64-8
Cash Flow From Financing Activity -3-7-10-7-5-9-4-5-6-3
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 2-3-3-1000000
Interest Paid -3-3-20000000
Dividend Paid 000-2-6-7-4-5-6-3
Others -1-2-5-32-20000
Net Cash Flow 0000-14-3020
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)-4.960.8314.0317.6828.7342.0828.0118.0535.9212.45
ROCE (%)6.065.8516.4219.6438.3160.7934.4423.9248.3216.99
Asset Turnover Ratio0.650.630.680.740.8310.730.640.840.66
PAT to CFO Conversion(x)N/AN/A1.81.430.921.080.711.590.381.11
Working Capital Days
Receivable Days67707474605364545469
Inventory Days103987967624357413260
Payable Days634850761249865496950

Diamines & Chemicals Ltd Stock News

Diamines & Chemicals Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Diamines & Chemicals on 20-Dec-2024 16:59 is ₹500.0.
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 20-Dec-2024 16:59 the market cap of Diamines & Chemicals stood at ₹489.2.
The latest P/E ratio of Diamines & Chemicals as of 20-Dec-2024 16:59 is 58.61.
The latest P/B ratio of Diamines & Chemicals as of 20-Dec-2024 16:59 is 2.94.
The 52-week high of Diamines & Chemicals is ₹690.0 and the 52-week low is ₹445.9.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Diamines & Chemicals is ₹88.39 ( Cr.) .

About Diamines & Chemicals Ltd

Diamines & Chemicals Company (DACL) was incorporated in the year 1976 and commenced its production in 1982. The company has been the sole manufacturer of ethylene amines in Indian subcontinent for more than two decades. This plant has been set up with total indigenous R&D and expertise and is placed among the select band of 6 to 8 companies which have proprietary technology for the manufacture of ethylene amines. With the addition of new facilities during the year 1999-2000. The company is augmenting facilities for ethyleneamines homologues.  Diamines And Chemicals (DACL) has been the pioneer and the only one in manufacturing of a range of ethyleneamines (EAs) in India. DAC has evolved products manufactured 'first time' in India and also pioneered to 'develop' a market for the same. Over the years, the company has established its own presence in the market and is successfully catering to the needs of Industries.

Total customer satisfaction has been the company's motto. DAC's commitment to customer satisfaction lies in delivering quality products and services, which has helped the company to emerge as a major supplier of ethyleneamines. The customer's convenience is their comfort and hence they offer a range of packaging, starting from 25 kg fiber drums to customized packing to bulk packing in ISO containers.

DACL is located at Vadodara, one of the leading chemical business centers in western part of India, having a large presence of diverse chemical industries, including a large integrated petrochemical complex as well as numerous ancillaries, spread their wings to consume basic inputs from neighboring giants. India's commercial capital, Mumbai is just 400 kms away from Vadodara, while the Inland Container Depot (ICD) facility is located in the vicinity of the manufacturing site of DAC.

Product range of the company includes:

  • Piperazine Anhydrous
  • Piperazine 68% (PIP-68)
  • Ethylenediamine (EDA)
  • Diethylenetriamine (DETA)
  • Amino Ethyl Piperazine (AEP)
  • Polyamines Mix (PA MIX)
  • Monoethanolamine (MEA)
  • Triethylenediamine (100%)
  • Triethylenediamine (33% in PG)
  • Riethylenediamine (33% in DPG)
  • Triethylenediamine (33% in MEG)
  • Bitumen Emulsifier For Rs/Ms Grade ( DIA MUL)
  • Acid Corrosion Inhibitor (ACI)
  • Anti Stripping Agents (DIA BOND)
  • Ethylene Diamine Acid Phosphate (EDAP)
  • Rust Inhibitor (DIA RUST IN)
  • Triethylene Tetramine (TETA)
  • Tetraethylene Pentamine (TEPA)  
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.