Past 10 year's financial track record analysis by Moneyworks4me indicates that Unilex Colours And Chemicals Ltd is a good quality company.
The key valuation ratios of Unilex Colours And Chemicals Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Unilex Colours And 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 % ⓘ | 23.8% | 22% | 20.4% | 21.7% | 17.1% | 13.9% | 26.1% | 24.7% | 17.8% | 18.2% | - |
| Value Creation Index ⓘ | 0.7 | 0.6 | 0.5 | 0.6 | 0.2 | -0 | 0.9 | 0.8 | 0.3 | 0.3 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 47.9 | 43.6 | 51.3 | 62.9 | 74.2 | 81.4 | 90.2 | 145 | 139 | 144 | 144 |
| Sales YoY Gr. | - | -9.1% | 17.8% | 22.6% | 18% | 9.7% | 10.8% | 61.1% | -4.1% | 3.2% | - |
| Adj EPS ⓘ | 1.8 | 1.7 | 1.8 | 2.5 | 2.8 | 2.2 | 5.1 | 2.9 | 3.4 | 4.2 | 4.5 |
| YoY Gr. | - | -8.2% | 8.4% | 36.5% | 13.8% | -21% | 127.5% | -42.2% | 15.1% | 25% | - |
| BVPS (₹) ⓘ | 8.1 | 9.8 | 11.6 | 14.1 | 16.9 | 19.1 | 24.1 | 28 | 32 | 36.8 | 50.1 |
| Adj Net Profit ⓘ | 1.8 | 1.7 | 1.8 | 2.5 | 2.8 | 2.2 | 5.1 | 2.9 | 3.4 | 4.2 | 6 |
| Cash Flow from Ops. ⓘ | 4 | 0.1 | -0.5 | 3.2 | 0.4 | 6.2 | 1.2 | -5.5 | 2.3 | -4.1 | - |
| Debt/CF from Ops. ⓘ | 1.2 | 48 | -13 | 2.5 | 19.2 | 0.7 | 5.5 | -2.1 | 5 | -5.3 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 13% | 14.1% | 16.9% | 3.2% | ||||
| Adj EPS ⓘ | 9.7% | 8.4% | -6% | 25% | ||||
| BVPSⓘ | 18.3% | 16.9% | 15.1% | 15.1% | ||||
| Share Price | - | - | - | - | ||||
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 % ⓘ | 25.3 | 18.7 | 16.9 | 19.3 | 18.2 | 12.3 | 23.4 | 11.2 | 11.2 | 12.2 | 10.4 |
| Op. Profit Mgn % ⓘ | 3.8 | 5.1 | 3 | 3.8 | 3.4 | 0.9 | 6.4 | 0.9 | 2.1 | 3.1 | NAN |
| Net Profit Mgn % ⓘ | 3.8 | 3.8 | 3.5 | 3.9 | 3.8 | 2.7 | 5.6 | 2 | 2.4 | 2.9 | 4.3 |
| Debt to Equity ⓘ | 0.6 | 0.5 | 0.5 | 0.6 | 0.4 | 0.2 | 0.3 | 0.4 | 0.4 | 0.6 | - |
| Working Cap Days ⓘ | 120 | 137 | 134 | 121 | 137 | 147 | 145 | 140 | 161 | 169 | 0 |
| Cash Conv. Cycle ⓘ | 30 | 33 | 29 | 25 | 25 | 16 | 8 | 41 | 52 | 72 | 0 |
Sales growth is growing at healthy rate in last 3 years 16.85%
Return on Equity has declined versus last 3 years average to 10.40%
Net Profit has been subdued in last 3 years -5.96%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 4.5 | - |
| TTM Sales (₹ Cr.) | 144 | - |
| BVPS (₹.) ⓘ | 50.1 | - |
| Reserves (₹ Cr.) ⓘ | 55 | - |
| P/BV ⓘ | 1.43 | - |
| PE ⓘ | 15.79 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 97.4 |
| Equity (₹ Cr.) | 13.6 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 55.9 |
| Pledged * | 0.00 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 47.92 | 43.57 | 51.33 | 62.91 | 74.24 | 81.41 | 90.16 | 145.27 | 139.39 | 143.85 |
| Operating Expenses ⓘ | 46.10 | 41.33 | 49.81 | 60.49 | 71.74 | 80.68 | 84.41 | 144.01 | 136.47 | 139.43 |
| Manufacturing Costs | 4.71 | 4.05 | 4.79 | 4.83 | 5.02 | 5.07 | 4.33 | 2.37 | 2.98 | 2.17 |
| Material Costs | 38.60 | 33.05 | 40.90 | 51.39 | 61.03 | 68.12 | 73.50 | 133.44 | 124.59 | 127.18 |
| Employee Cost | 1.71 | 2.10 | 2.31 | 2.64 | 3.01 | 3.65 | 3.48 | 3.82 | 4.33 | 4.19 |
| Other Costs ⓘ | 1.08 | 2.14 | 1.80 | 1.63 | 2.68 | 3.84 | 3.10 | 4.39 | 4.57 | 5.89 |
| Operating Profit ⓘ | 1.82 | 2.24 | 1.52 | 2.41 | 2.51 | 0.72 | 5.75 | 1.26 | 2.92 | 4.42 |
| Operating Profit Margin (%) | 3.8% | 5.1% | 3.0% | 3.8% | 3.4% | 0.9% | 6.4% | 0.9% | 2.1% | 3.1% |
| Other Income ⓘ | 1.69 | 1.23 | 2.22 | 2.45 | 2.02 | 3.09 | 1.85 | 6.29 | 5.03 | 5.48 |
| Interest ⓘ | 0.44 | 0.32 | 0.38 | 0.48 | 0.49 | 0.41 | 0.42 | 0.68 | 0.80 | 1.01 |
| Depreciation ⓘ | 0.37 | 0.48 | 0.49 | 0.55 | 0.54 | 0.47 | 0.49 | 0.53 | 0.57 | 0.60 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 2.71 | 2.66 | 2.88 | 3.83 | 3.50 | 2.94 | 6.70 | 6.35 | 6.58 | 8.28 |
| Tax ⓘ | 0.88 | 0.99 | 1.06 | 1.36 | 0.68 | 0.72 | 1.64 | 1.64 | 1.61 | 2.12 |
| Profit After Tax | 1.83 | 1.67 | 1.81 | 2.48 | 2.81 | 2.22 | 5.06 | 4.71 | 4.97 | 6.17 |
| PAT Margin (%) | 3.8% | 3.8% | 3.5% | 3.9% | 3.8% | 2.7% | 5.6% | 3.2% | 3.6% | 4.3% |
| Adjusted EPS (₹) | 1.8 | 1.7 | 1.8 | 2.5 | 2.8 | 2.2 | 5.1 | 4.7 | 5.0 | 6.2 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 21% | 27% | 49% |
| 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 | 8.13 | 9.80 | 11.62 | 14.09 | 16.91 | 19.13 | 24.18 | 28.06 | 32.03 | 36.86 |
| Share Capital ⓘ | 3.34 | 3.34 | 3.34 | 3.34 | 3.34 | 3.34 | 3.34 | 3.34 | 3.34 | 10.02 |
| Reserves ⓘ | 4.79 | 6.46 | 8.28 | 10.75 | 13.57 | 15.79 | 20.84 | 24.72 | 28.69 | 26.84 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 4.67 | 4.55 | 5.97 | 8.06 | 7.45 | 4.55 | 6.75 | 11.28 | 11.65 | 21.59 |
| Long Term Debt | 0.60 | 0.51 | 0.39 | 0.27 | 0.14 | 0.27 | 0.18 | 0 | 0.17 | 0.15 |
| Short Term Debt | 4.07 | 4.04 | 5.58 | 7.79 | 7.31 | 4.28 | 6.57 | 11.28 | 11.47 | 21.44 |
| Trade Payables | 5.27 | 9.23 | 7.96 | 12.18 | 21.77 | 25.61 | 27.51 | 33.91 | 24.58 | 27.96 |
| Others Liabilities ⓘ | 1.38 | 1.45 | 1.44 | 2.33 | 2.15 | 1.74 | 2.68 | 3.45 | 2.46 | 4.27 |
| Total Liabilities ⓘ | 19.45 | 25.03 | 26.99 | 36.66 | 48.28 | 51.02 | 61.12 | 76.70 | 70.72 | 90.68 |
Fixed Assets | ||||||||||
| Gross Block | 5.91 | 6.50 | 7.49 | 7.91 | 8.60 | 14.57 | 15.61 | 16.52 | 17.15 | 17.70 |
| Accumulated Depreciation | 1.71 | 2.19 | 2.69 | 3.24 | 3.77 | 4.24 | 4.72 | 5.25 | 5.82 | 6.42 |
| Net Fixed Assetsⓘ | 4.21 | 4.31 | 4.81 | 4.67 | 4.83 | 10.33 | 10.89 | 11.26 | 11.33 | 11.28 |
| CWIP ⓘ | 0.21 | 0 | 0.10 | 0.28 | 0 | 0.25 | 0 | 0 | 0 | 0 |
| Investmentsⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventories | 3.37 | 4.43 | 4 | 7.21 | 11 | 9.97 | 12.48 | 19.56 | 14.53 | 17.59 |
| Trade Receivables | 6.46 | 10.69 | 10.05 | 13.63 | 22.47 | 23.63 | 27.48 | 33.24 | 33.88 | 44.42 |
| Cash Equivalents | 0.62 | 0.25 | 0.10 | 4.84 | 4.14 | 1.18 | 3.85 | 0.61 | 1.03 | 4.37 |
| Others Assetsⓘ | 4.59 | 5.36 | 7.94 | 6.03 | 5.83 | 5.66 | 6.42 | 12.03 | 9.96 | 13.03 |
| Total Assets ⓘ | 19.45 | 25.03 | 26.99 | 36.66 | 48.28 | 51.02 | 61.12 | 76.70 | 70.72 | 90.68 |
| 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 ⓘ | 4 | 0.09 | -0.46 | 3.24 | 0.39 | 6.16 | 1.23 | -5.53 | 2.34 | -4.08 |
| PBT ⓘ | 2.71 | 2.66 | 2.88 | 3.83 | 3.50 | 2.94 | 6.70 | 6.35 | 6.58 | 8.28 |
| Adjustment ⓘ | 0.37 | 0.48 | 0.49 | 0.93 | 0.89 | 0.72 | 0.77 | 1.10 | 1.17 | 1.24 |
| Changes in Working Capital ⓘ | 1.8 | -2.06 | -2.77 | 0.21 | -2.96 | 3.47 | -4.31 | -11.14 | -3.73 | -11.49 |
| Tax Paid ⓘ | -0.88 | -0.99 | -1.06 | -1.36 | -0.68 | -0.72 | -1.64 | -1.85 | -1.69 | -2.12 |
| Cash Flow From Investing Activity ⓘ | -1.13 | -0.38 | -1.09 | -0.60 | -0.41 | -6.22 | -0.79 | -0.89 | -0.61 | -0.30 |
| Capex | -1.13 | -0.38 | -1.09 | -0.60 | -0.41 | -6.22 | -0.79 | -0.90 | -0.63 | -0.55 |
| Net Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 | 0.02 | 0.26 |
| Cash Flow From Financing Activityⓘ | -2.61 | -0.10 | 1.40 | 2.11 | -0.68 | -2.91 | 2.23 | 3.19 | -1.31 | 7.71 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0.60 | -0.09 | -0.12 | -0.12 | -0.14 | 0.13 | -0.09 | -0.18 | 0.17 | -0.02 |
| Interest Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0.41 | -0.63 | -0.90 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 | -1 | -1.34 |
| Others ⓘ | -3.22 | 0 | 1.52 | 2.23 | -0.54 | -3.04 | 2.32 | 4.78 | 0.14 | 9.97 |
| Net Cash Flow ⓘ | 0.25 | -0.38 | -0.14 | 4.74 | -0.70 | -2.97 | 2.67 | -3.23 | 0.42 | 3.34 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 25.34 | 18.68 | 16.94 | 19.26 | 18.16 | 12.32 | 23.36 | 23.75 | 16.54 | 17.9 |
| ROCE (%) | 23.84 | 21.97 | 20.36 | 21.71 | 17.14 | 13.94 | 26.07 | 24.66 | 17.76 | 18.19 |
| Asset Turnover Ratio | 2.41 | 2.09 | 2.22 | 2.32 | 2.08 | 1.96 | 1.92 | 2.8 | 1.89 | 1.78 |
| PAT to CFO Conversion(x) | 2.19 | 0.05 | -0.25 | 1.31 | 0.14 | 2.77 | 0.24 | -1.17 | 0.47 | -0.66 | Working Capital Days |
| Receivable Days | 55 | 67 | 66 | 59 | 75 | 87 | 87 | 54 | 88 | 99 |
| Inventory Days | 34 | 31 | 27 | 28 | 38 | 39 | 38 | 30 | 45 | 41 |
| Payable Days | 69 | 80 | 77 | 72 | 102 | 127 | 132 | 57 | 86 | 75 |
Unilex Colours and Chemicals was originally incorporated as a Public Limited Company under the name of ‘Unilex Exports Limited’ on March 23, 2001 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Mumbai, Maharashtra. Further, pursuant to Special Resolution passed by the shareholders at the Extra Ordinary General Meeting held on March 26, 2012, the name of the Company was changed from ‘Unilex Exports Limited’ to ‘Unilex Colours and Chemicals Limited’ and a fresh certificate of incorporation consequent upon Change of Name was issued by the Registrar of Companies, Mumbai, Maharashtra
Unilex Colours and Chemicals is engaged in the business of manufacturing of Pigment, and the trading of chemicals and food colours. The pigments manufactured by the company finds diverse applications across various industries such as plastic, rubber, textiles, paper, printing inks, paints and coating. Within Pigments, it specializes in Pigment Blue 15:3 and 15:4. The company’s products are marketed under the registered brand name Unilex. The company caters to both domestic and international markets, providing a wide range of pigment solutions for various industries. Its manufacturing facility is equipped with various machines such as Ball Mill Machine, Root Blower, Silo, Reaction Steel Vessel, Brick Linned Vessel, Rubber Linned Vessel, Drowning Vessel, Spin Flash Dryer, Ribbon Blender, Air Classifier Mill Machine, Air Blender, Filter Press Machine etc.
The company’s products are manufactured from raw materials such as BM CPC, Caustic Soda Flakes, Gum Rosin, Hydrochloric Acid, Mix Xylene, Additive Monosulphonaled CPC Blue and Unisol SI-20 etc. Its products undergo through examination, testing and evaluation to ensure compliance with specified requirements. Its manufacturing facility holds ISO 9001:2015 certification for quality management in the manufacturing of pigments, food dyes, and drug intermediates. The company is exporting its products to countries including Vietnam, Brazil, Mexico, Nigeria, Russia, Turkey, Netherlands, Poland, China, Spain, Malaysia, Thailand, United Arab Emirates and Uzbekistan. It markets its products through direct marketing, which allows it to connect with potential customers on a personal level and tailor its messaging to their specific needs.
Business area of the company
Unilex Colours and Chemicals is engaged in the business of manufacturing and dealing in Dyes & Pigments and Food Colours.
History and milestones
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
