Past 10 year's financial track record analysis by Moneyworks4me indicates that Diamines & Chemicals Ltd is a good quality company.
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.
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.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | -0.6 | 0.2 | 0.4 | 1.7 | 3.3 | 1.5 | 0.7 | 2.5 | 0.2 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 39.1 | 35.6 | 34.8 | 38.5 | 47.3 | 69.3 | 62.8 | 66.1 | 111 | 104 | 88 |
| Sales YoY Gr. | - | -9% | -2.3% | 10.7% | 22.9% | 46.5% | -9.4% | 5.2% | 67.2% | -5.9% | - |
| Adj EPS ⓘ | -1.3 | 0.3 | 4.9 | 8.3 | 13.4 | 27.7 | 21.5 | 17.1 | 43 | 18.1 | 8.5 |
| YoY Gr. | - | NA | 1856% | 68.7% | 62.4% | 106.7% | -22.5% | -20.4% | 151.6% | -58% | - |
| BVPS (₹) ⓘ | 31.2 | 31.5 | 38.4 | 43.6 | 49.9 | 66.6 | 86.9 | 102.5 | 137.8 | 154.1 | 170.1 |
| Adj Net Profit ⓘ | -1.3 | 0.3 | 4.8 | 8.1 | 13.1 | 27.1 | 21 | 16.7 | 42.1 | 17.7 | 8 |
| Cash Flow from Ops. ⓘ | 4.7 | 7.3 | 8.9 | 9.9 | 12.5 | 26 | 15.4 | 27.3 | 16.3 | 19.7 | - |
| Debt/CF from Ops. ⓘ | 4.3 | 2.1 | 0.8 | 0 | 0.2 | 0 | 0 | 0 | 0 | 0 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 11.5% | 17.1% | 18.3% | -5.9% | ||||
| Adj EPS ⓘ | NA | 6.1% | -5.6% | -58% | ||||
| BVPSⓘ | 19.4% | 25.3% | 21% | 11.8% | ||||
| Share Price | 29.8% | 34.3% | 29.5% | 14.5% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | -3.8 | 0.7 | 13.5 | 20.1 | 28.7 | 47.5 | 28 | 18.1 | 35.8 | 12.4 | 5.3 |
| Op. Profit Mgn % ⓘ | 13.6 | 13 | 26.2 | 30.1 | 40.1 | 57.4 | 40 | 33.4 | 50.5 | 23.3 | 13.6 |
| Net Profit Mgn % ⓘ | -3.3 | 0.7 | 13.8 | 21 | 27.7 | 39.1 | 33.4 | 25.3 | 38.1 | 17 | 9.4 |
| Debt to Equity ⓘ | 0.7 | 0.5 | 0.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Working Cap Days ⓘ | 301 | 314 | 278 | 200 | 138 | 108 | 161 | 142 | 111 | 168 | 175 |
| Cash Conv. Cycle ⓘ | 127 | 136 | 124 | 103 | 74 | 51 | 90 | 71 | 52 | 100 | 148 |
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%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 8.5 | 5.9 |
| TTM Sales (₹ Cr.) | 88.4 | 88.4 |
| BVPS (₹.) ⓘ | 170.1 | 166.4 |
| Reserves (₹ Cr.) ⓘ | 157 | 153 |
| P/BV ⓘ | 3.11 | 3.18 |
| PE ⓘ | 62.04 | 89.84 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 445.95 / 690.00 |
| All Time Low / High (₹) | 0.60 / 690.00 |
| Market Cap (₹ Cr.) | 518 |
| Equity (₹ Cr.) | 9.8 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 55.9 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 39 | 36 | 35 | 39 | 47 | 69 | 63 | 66 | 111 | 104 |
| Operating Expenses ⓘ | 34 | 31 | 26 | 27 | 28 | 34 | 38 | 44 | 55 | 80 |
| Manufacturing Costs | 5 | 5 | 5 | 7 | 10 | 8 | 8 | 10 | 12 | 13 |
| Material Costs | 23 | 21 | 14 | 13 | 11 | 13 | 16 | 19 | 26 | 47 |
| Employee Cost | 4 | 4 | 3 | 4 | 4 | 5 | 7 | 8 | 10 | 12 |
| Other Costs ⓘ | 3 | 2 | 3 | 3 | 3 | 8 | 6 | 6 | 7 | 8 |
| Operating Profit ⓘ | 5 | 4 | 9 | 12 | 19 | 35 | 25 | 22 | 56 | 24 |
| 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 ⓘ | 0 | 0 | 0 | 0 | 1 | 2 | 3 | 2 | 3 | 3 |
| Interest ⓘ | 3 | 3 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation ⓘ | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 |
| Exceptional Items ⓘ | 0 | 0 | 0 | -2 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 0 | 0 | 6 | 8 | 18 | 35 | 26 | 22 | 57 | 24 |
| Tax ⓘ | 1 | 0 | 1 | 1 | 5 | 11 | 5 | 5 | 14 | 6 |
| Profit After Tax | -2 | 0 | 5 | 7 | 13 | 24 | 21 | 17 | 42 | 18 |
| PAT Margin (%) | -4.0% | 0.7% | 13.8% | 18.4% | 27.8% | 34.6% | 33.5% | 25.3% | 38.2% | 17.1% |
| Adjusted EPS (₹) | -1.6 | 0.3 | 4.9 | 7.3 | 13.4 | 24.5 | 21.5 | 17.1 | 43.2 | 18.2 |
| Dividend Payout Ratio (%) | 0% | 0% | 31% | 35% | 15% | 16% | 23% | 18% | 14% | 14% |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 33 | 34 | 38 | 43 | 49 | 65 | 85 | 100 | 135 | 151 |
| Share Capital ⓘ | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves ⓘ | 24 | 24 | 28 | 33 | 39 | 55 | 75 | 90 | 125 | 141 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 17 | 12 | 4 | 0 | 2 | 0 | 0 | 0 | 0 | 0 |
| Long Term Debt | 7 | 4 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short Term Debt | 10 | 9 | 3 | 0 | 2 | 0 | 0 | 0 | 0 | 0 |
| Trade Payables | 3 | 2 | 2 | 4 | 4 | 3 | 3 | 2 | 8 | 5 |
| Others Liabilities ⓘ | 12 | 12 | 10 | 6 | 7 | 8 | 7 | 8 | 9 | 9 |
| Total Liabilities ⓘ | 66 | 60 | 54 | 53 | 62 | 76 | 95 | 111 | 151 | 165 |
Fixed Assets | ||||||||||
| Gross Block | 65 | 65 | 27 | 28 | 30 | 33 | 38 | 51 | 42 | 69 |
| Accumulated Depreciation | 36 | 38 | 2 | 4 | 6 | 8 | 10 | 9 | 10 | 13 |
| Net Fixed Assetsⓘ | 29 | 27 | 25 | 24 | 24 | 25 | 28 | 42 | 32 | 56 |
| CWIP ⓘ | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 2 | 21 | 1 |
| Investmentsⓘ | 0 | 0 | 1 | 1 | 0 | 2 | 6 | 13 | 27 | 30 |
| Inventories | 12 | 9 | 8 | 7 | 9 | 7 | 13 | 2 | 17 | 17 |
| Trade Receivables | 8 | 7 | 8 | 8 | 8 | 12 | 9 | 10 | 23 | 17 |
| Cash Equivalents | 0 | 1 | 1 | 11 | 17 | 31 | 33 | 40 | 27 | 38 |
| Others Assetsⓘ | 16 | 16 | 11 | 2 | 2 | -2 | 6 | 1 | 5 | 7 |
| Total Assets ⓘ | 66 | 60 | 54 | 53 | 62 | 76 | 95 | 111 | 151 | 165 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 5 | 7 | 9 | 10 | 12 | 26 | 15 | 27 | 16 | 20 |
| PBT ⓘ | 0 | 0 | 6 | 8 | 18 | 35 | 26 | 22 | 57 | 24 |
| Adjustment ⓘ | 5 | 4 | 3 | 3 | 1 | 5 | 1 | 1 | 0 | 1 |
| Changes in Working Capital ⓘ | -0 | 3 | 1 | 0 | -3 | -3 | -5 | 11 | -25 | 1 |
| Tax Paid ⓘ | 0 | 0 | -1 | -2 | -3 | -11 | -6 | -6 | -15 | -7 |
| Cash Flow From Investing Activity ⓘ | -2 | 0 | 1 | -3 | -9 | -13 | -15 | -22 | -9 | -17 |
| Capex | 0 | 0 | -9 | 7 | -3 | -3 | -11 | -13 | -10 | -6 |
| Net Investments | 0 | 0 | 0 | 0 | 0 | -2 | -1 | -3 | -3 | -2 |
| Others ⓘ | -2 | 0 | 10 | -9 | -6 | -8 | -3 | -6 | 4 | -8 |
| Cash Flow From Financing Activityⓘ | -3 | -7 | -10 | -7 | -5 | -9 | -4 | -5 | -6 | -3 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 2 | -3 | -3 | -1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Paid ⓘ | -3 | -3 | -2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Paid ⓘ | 0 | 0 | 0 | -2 | -6 | -7 | -4 | -5 | -6 | -3 |
| Others ⓘ | -1 | -2 | -5 | -3 | 2 | -2 | 0 | 0 | 0 | 0 |
| Net Cash Flow ⓘ | 0 | 0 | 0 | 0 | -1 | 4 | -3 | 0 | 2 | 0 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | -4.96 | 0.83 | 14.03 | 17.68 | 28.73 | 42.08 | 28.01 | 18.05 | 35.92 | 12.45 |
| ROCE (%) | 6.06 | 5.85 | 16.42 | 19.64 | 38.31 | 60.79 | 34.44 | 23.92 | 48.32 | 16.99 |
| Asset Turnover Ratio | 0.65 | 0.63 | 0.68 | 0.74 | 0.83 | 1 | 0.73 | 0.64 | 0.84 | 0.66 |
| PAT to CFO Conversion(x) | N/A | N/A | 1.8 | 1.43 | 0.92 | 1.08 | 0.71 | 1.59 | 0.38 | 1.11 | Working Capital Days |
| Receivable Days | 67 | 70 | 74 | 74 | 60 | 53 | 64 | 54 | 54 | 69 |
| Inventory Days | 103 | 98 | 79 | 67 | 62 | 43 | 57 | 41 | 32 | 60 |
| Payable Days | 63 | 48 | 50 | 76 | 124 | 98 | 65 | 49 | 69 | 50 |
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:
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
