Past 10 year’s financial track record analysis by Moneyworks4me indicates that Mysore Petro Chemicals Ltd is a below average quality company.
The key valuation ratios of Mysore Petro 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 Weak which suggest that the price of Mysore Petro Chemicals Ltd is likely to Fall 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 % ⓘ | 37.1% | 12% | 10.9% | 113.6% | 5.4% | 5.2% | 0.2% | 11.9% | 5.3% | 11.2% | - |
| Value Creation Index ⓘ | 1.7 | -0.1 | -0.2 | 7.1 | -0.6 | -0.6 | -1.0 | -0.2 | -0.6 | -0.2 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 32.9 | 23.3 | 30.3 | 6.2 | 32.6 | 13 | 22.8 | 20.9 | 18.4 | 25.8 | 36 |
| Sales YoY Gr. | - | -29.2% | 30.1% | -79.4% | 423% | -60.2% | 76% | -8.5% | -11.9% | 40.1% | - |
| Adj EPS ⓘ | 10.6 | 2.9 | 3.2 | 10.7 | 5.2 | 5.9 | -1.6 | 11.6 | 5.5 | 10.4 | 25.1 |
| YoY Gr. | - | -72.3% | 8.8% | 232.8% | -51.4% | 13.9% | -126.3% | NA | -52.7% | 89.6% | - |
| BVPS (₹) ⓘ | 44.5 | 46.2 | 49.2 | 129.6 | 133.3 | 137.1 | 133.5 | 144.9 | 148.6 | 160.1 | 173.8 |
| Adj Net Profit ⓘ | 7 | 1.9 | 2.1 | 7 | 3.4 | 3.9 | -1 | 7.6 | 3.6 | 6.9 | 16 |
| Cash Flow from Ops. ⓘ | 11.4 | 5.1 | 5.3 | -24.5 | -1.6 | -2 | -5 | -1.7 | -2.9 | -5.7 | - |
| Debt/CF from Ops. ⓘ | 0.6 | 1.3 | 1.2 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | -2.7% | -4.6% | 4.2% | 40.1% | ||||
| Adj EPS ⓘ | -0.2% | 15% | NA | 89.6% | ||||
| BVPSⓘ | 15.3% | 3.7% | 6.2% | 7.7% | ||||
| Share Price | 11.1% | 31.1% | 19.1% | 23.8% | ||||
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 % ⓘ | 23.8 | 6.5 | 6.7 | 11.9 | 3.9 | 4.4 | -1.2 | 8.3 | 3.7 | 6.8 | 15 |
| Op. Profit Mgn % ⓘ | 47.1 | 26.4 | 19.1 | -56.5 | -8 | -19.1 | -9.4 | -13.2 | -20.2 | -17.1 | -14.4 |
| Net Profit Mgn % ⓘ | 21.3 | 8.3 | 7 | 112.6 | 10.5 | 29.9 | -4.5 | 36.6 | 19.7 | 26.6 | 45.4 |
| Debt to Equity ⓘ | 0.2 | 0.2 | 0.2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| Working Cap Days ⓘ | 219 | 203 | 74 | 1,725 | 535 | 1,148 | 573 | 319 | 115 | 199 | 172 |
| Cash Conv. Cycle ⓘ | 27 | 27 | 13 | 37 | -21 | -46 | 20 | 43 | 61 | 79 | 131 |
Return on Equity has increased versus last 3 years average to 15.00%
Sales growth is good in last 4 quarters at 62.69%
Sales growth has been subdued in last 3 years 4.15%
Net Profit has been subdued in last 3 years 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 25.1 | 17.8 |
| TTM Sales (₹ Cr.) | 36.3 | 41.9 |
| BVPS (₹.) ⓘ | 173.8 | 340.8 |
| Reserves (₹ Cr.) ⓘ | 108 | 218 |
| P/BV ⓘ | 1.08 | 0.55 |
| PE ⓘ | 7.50 | 10.54 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 144.00 / 261.90 |
| All Time Low / High (₹) | 1.15 / 261.90 |
| Market Cap (₹ Cr.) | 124 |
| Equity (₹ Cr.) | 6.6 |
| 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 | 33 | 23 | 30 | 6 | 33 | 13 | 23 | 21 | 18 | 26 |
| Operating Expenses ⓘ | 17 | 17 | 25 | 10 | 36 | 16 | 25 | 24 | 26 | 30 |
| Manufacturing Costs | 2 | 3 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Material Costs | 1 | 1 | 5 | 6 | 32 | 12 | 22 | 20 | 18 | 25 |
| Employee Cost | 10 | 9 | 11 | 2 | 2 | 2 | 2 | 2 | 3 | 3 |
| Other Costs ⓘ | 4 | 4 | 4 | 2 | 2 | 1 | 1 | 1 | 5 | 3 |
| Operating Profit ⓘ | 15 | 6 | 6 | -4 | -3 | -3 | -2 | -3 | -7 | -4 |
| Operating Profit Margin (%) | 47.1% | 26.3% | 18.8% | -57.2% | -10.3% | -19.6% | -9.4% | -13.2% | -38.8% | -17.3% |
| Other Income ⓘ | 1 | 1 | 1 | 10 | 9 | 8 | 10 | 14 | 13 | 16 |
| Interest ⓘ | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Depreciation ⓘ | 3 | 3 | 3 | 1 | 1 | 1 | 1 | 1 | 0 | 0 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 65 | 0 | 0 | -7 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 12 | 4 | 3 | 71 | 5 | 5 | 0 | 11 | 5 | 11 |
| Tax ⓘ | 5 | 2 | 1 | 17 | 1 | 1 | 1 | 2 | 0 | 2 |
| Profit After Tax | 7 | 2 | 2 | 54 | 4 | 4 | -1 | 9 | 4 | 9 |
| PAT Margin (%) | 22.0% | 8.3% | 6.8% | 859.5% | 12.1% | 31.3% | -4.5% | 41.9% | 22.2% | 35.5% |
| Adjusted EPS (₹) | 11.0 | 2.9 | 3.1 | 81.3 | 6.0 | 6.2 | -1.6 | 13.3 | 6.2 | 13.9 |
| Dividend Payout Ratio (%) | 18% | 34% | 32% | 2% | 34% | 32% | -129% | 19% | 40% | 18% |
| 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 | 29 | 30 | 32 | 85 | 88 | 90 | 88 | 95 | 98 | 105 |
| Share Capital ⓘ | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Reserves ⓘ | 23 | 24 | 26 | 79 | 81 | 84 | 81 | 89 | 91 | 99 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 6 | 6 | 6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long Term Debt | 6 | 6 | 6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Payables | 2 | 3 | 2 | 1 | 3 | 2 | 1 | 1 | 0 | 1 |
| Others Liabilities ⓘ | 13 | 11 | 9 | 4 | 3 | 4 | 4 | 6 | 5 | 20 |
| Total Liabilities ⓘ | 51 | 50 | 49 | 90 | 94 | 96 | 94 | 102 | 103 | 127 |
Fixed Assets | ||||||||||
| Gross Block | 113 | 127 | 116 | 25 | 6 | 6 | 5 | 5 | 5 | 5 |
| Accumulated Depreciation | 91 | 94 | 97 | 20 | 3 | 3 | 3 | 4 | 3 | 3 |
| Net Fixed Assetsⓘ | 21 | 33 | 19 | 5 | 3 | 2 | 2 | 2 | 1 | 1 |
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| Investmentsⓘ | 9 | 9 | 24 | 31 | 45 | 52 | 44 | 81 | 73 | 85 |
| Inventories | 2 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Receivables | 4 | 3 | 2 | 0 | 0 | 1 | 5 | 2 | 5 | 7 |
| Cash Equivalents | 1 | 1 | 1 | 1 | 4 | 2 | 2 | 1 | 7 | 4 |
| Others Assetsⓘ | 15 | 3 | 2 | 53 | 42 | 39 | 41 | 17 | 16 | 27 |
| Total Assets ⓘ | 51 | 50 | 49 | 90 | 94 | 96 | 94 | 102 | 103 | 127 |
| 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 ⓘ | 11 | 5 | 5 | -25 | -2 | -2 | -5 | -2 | -3 | -6 |
| PBT ⓘ | 12 | 4 | 3 | 71 | 5 | 5 | 0 | 11 | 5 | 11 |
| Adjustment ⓘ | 4 | 3 | 4 | -9 | -6 | -5 | 0 | -11 | -5 | -13 |
| Changes in Working Capital ⓘ | -1 | -0 | -0 | -4 | 1 | -1 | -5 | -1 | -3 | -3 |
| Tax Paid ⓘ | -4 | -1 | -1 | -18 | -1 | 0 | 0 | 0 | 1 | -1 |
| Cash Flow From Investing Activity ⓘ | 0 | -1 | -3 | 25 | 6 | 2 | 6 | 2 | 12 | 4 |
| Capex | -1 | -2 | -2 | 23 | 3 | 0 | 0 | -1 | 0 | 13 |
| Net Investments | 0 | 0 | -1 | -6 | -14 | -8 | -10 | -31 | 7 | 3 |
| Others ⓘ | 0 | 1 | 1 | 8 | 18 | 10 | 15 | 34 | 5 | -12 |
| Cash Flow From Financing Activityⓘ | -11 | -3 | -3 | -1 | -2 | -2 | -1 | -1 | -2 | -2 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | -8 | 0 | -1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Paid ⓘ | -2 | -2 | -1 | 0 | 0 | 0 | 0 | 0 | -1 | 0 |
| Dividend Paid ⓘ | -1 | -2 | -1 | -1 | -2 | -2 | -1 | -1 | -2 | -2 |
| Others ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow ⓘ | 0 | 1 | 0 | 0 | 3 | -1 | -1 | -1 | 6 | -4 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 27.17 | 6.45 | 6.57 | 90.94 | 4.54 | 4.56 | -1.15 | 9.55 | 4.23 | 9.02 |
| ROCE (%) | 37.05 | 12.03 | 10.94 | 113.61 | 5.43 | 5.23 | 0.21 | 11.9 | 5.28 | 11.19 |
| Asset Turnover Ratio | 0.66 | 0.52 | 0.67 | 0.09 | 0.35 | 0.14 | 0.24 | 0.21 | 0.18 | 0.22 |
| PAT to CFO Conversion(x) | 1.57 | 2.5 | 2.5 | -0.46 | -0.5 | -0.5 | N/A | -0.22 | -0.75 | -0.67 | Working Capital Days |
| Receivable Days | 50 | 47 | 24 | 0 | 4 | 16 | 45 | 57 | 69 | 87 |
| Inventory Days | 24 | 32 | 25 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable Days | 606 | 741 | 166 | 113 | 25 | 78 | 28 | 17 | 10 | 9 |
Mysore Petro Chemicals, incorporated on June 9, 1969, is engaged in the manufacturing and sale of chemicals. The company earlier known as Premier Petro Chemicals, it got its present name on September 3, 1970. The company is part of the M M Dhanuka group, which has promoted IG Petrochemicals and associate companies.
In the year 1969, the company entered into an agreement with Chemische Fabrik Von-Heyden GmbH, West Germany (Heyen) for the supply of know-how and catalyst for the manufacture of phthalic anhydride based on partial catalytic oxidation of orthoxylene. The overseas company also agreed to guarantee the performance.
The company also entered into an agreement with Lurgir Mineraloeltechnik GmbH, West Germany (Lurgi) for supply of basic engineering and special equipment for the battery limits plant from West Germany.
Mysore Petro Chemicals is located at Raichur in Karnataka and Taloja in Maharashtra. The manufacturing units have installed capacities of 12,000 MTPA phthalic anhydride and 5,400 MTPA maleic anhydride. The process know-how for the anhydride plant was supplied by Chemische Fabrik Von-Heyden GmbH, West Germany. The products find application in paints, plasticizers, polyvinyl compounds, alkyd resins, dyes and pigments and unsaturated polyester resins among other products.
The registered office of the company is at D/4, Jyothi Complex, 134/1, Infantry Road, Kumara Park, Bangalore-560001, Karnataka.
Business area of the company
The company is engaged in the manufacture and sale of chemicals. Its products include phthalicanhydride and maleicanhydride.
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
