Pratiksha Chemicals Ltd - Stock Valuation and Financial Performance

BSE: 531257 | NSE: | Dyes & Pigments | Small Cap

Pratiksha Chemicals Share Price

20.14 -0.60 -2.89%
as on 21-Nov'24 16:59

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Pratiksha Chemicals stock performance -

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P/E Ratio (SA):
0.00
Market Cap:
11.2 Cr.
52-wk low:
19.2
52-wk high:
44

Is Pratiksha Chemicals Ltd an attractive stock to invest in?

1. Is Pratiksha Chemicals Ltd a good quality company?

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

2. Is Pratiksha Chemicals Ltd undervalued or overvalued?

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

3. Is Pratiksha Chemicals Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Pratiksha Chemicals 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 Pratiksha 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.
Pratiksha Chemicals Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 4.3%4.4%4.3%5.7%5.5%6.7%13.9%16.6%5.5%6.2%-
Value Creation
Index
-0.7-0.7-0.7-0.6-0.6-0.50.00.2-0.6-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 10.21112.710.911.616.111.416.49.710.311
Sales YoY Gr.-8.7%15.3%-14.5%6.4%38.7%-29.4%44.8%-40.8%5.9%-
Adj EPS -0.100.200-0.30.80.90.20.1-0.3
YoY Gr.-NA666.7%-87%-66.7%-3100%NA4.8%-82.8%-46.7%-
BVPS (₹) 4.74.85.25.35.355.86.36.46.56.2
Adj Net
Profit
-0.100.100-0.20.50.50.10.10
Cash Flow from Ops. 0.30.21.20.7-0.420.70.6-1.6-0.1-
Debt/CF from Ops. 10.510.41.62.8-50.20.41.2-2.2-33-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 0.2%-2.3%-3.2%5.9%
Adj EPS NA51.6%-54.2%-46.7%
BVPS3.7%4.3%3.8%1.6%
Share Price 17.5% 57.2% 0.8% -4.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
-1.90.74.70.70.2-5.815.414.32.41.3-4.9
Op. Profit
Mgn %
4.94.82.34.44.73.16.55.64.46.85.1
Net Profit
Mgn %
-0.50.210.20-14.12.90.90.4-1.6
Debt to
Equity
1.10.90.60.70.70.10.10.2111
Working Cap
Days
217178145168183124137106256353187
Cash Conv.
Cycle
84755461674232289313587

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 0.95

Sales growth is good in last 4 quarters at 46.59%

Return on Equity is Poor

Sales growth has been subdued in last 3 years -3.18%

Latest Financials - Pratiksha Chemicals Ltd.

Standalone Consolidated
TTM EPS (₹) -0.3 -
TTM Sales (₹ Cr.) 10.7 -
BVPS (₹.) 6.2 -
Reserves (₹ Cr.) -2 -
P/BV 3.25 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 19.15 / 44.00
All Time Low / High (₹) 0.78 / 44.35
Market Cap (₹ Cr.) 11.2
Equity (₹ Cr.) 5.6
Face Value (₹) 10
Industry PE 39.8

Management X-Ray of Pratiksha 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

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Analyst's Notes

Key Ratios of Pratiksha 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
Sales10.1611.0412.7310.8911.5916.0711.3516.439.7310.30
Operating Expenses 9.6710.5112.4310.4211.0415.5710.6215.519.309.60
Manufacturing Costs0.590.760.780.780.820.870.731.040.910.76
Material Costs8.038.5210.298.138.9213.268.2012.686.457.06
Employee Cost 0.540.610.830.900.750.840.971.021.111.11
Other Costs 0.510.630.530.610.540.600.720.760.830.68
Operating Profit 0.490.530.300.470.550.500.730.920.430.70
Operating Profit Margin (%) 4.9%4.8%2.3%4.4%4.7%3.1%6.5%5.6%4.4%6.8%
Other Income 0.120.020.200.080.020.030.010.080.240.05
Interest 0.220.210.150.140.190.160.040.020.190.32
Depreciation 0.370.310.290.280.290.260.280.360.360.31
Exceptional Items 0000000000
Profit Before Tax 0.020.030.060.140.080.110.430.610.120.11
Tax 00.01-0.100.110.070.27-0.040.090.030.06
Profit After Tax 0.020.020.150.030.01-0.160.470.520.090.05
PAT Margin (%) 0.2%0.2%1.2%0.3%0.1%-1.0%4.1%3.2%0.9%0.5%
Adjusted EPS (₹)0.00.00.30.10.0-0.30.80.90.20.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%53%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 2.632.652.902.932.942.783.253.503.583.63
Share Capital 5.575.575.575.575.575.575.575.575.575.57
Reserves -2.94-2.92-2.67-2.64-2.63-2.79-2.32-2.07-1.99-1.94
Minority Interest0000000000
Debt2.932.451.841.912.120.340.270.693.423.45
Long Term Debt1.170.991.841.912.090.200.270.693.423.45
Short Term Debt1.761.46000.030.150000
Trade Payables2.332.542.782.643.532.692.632.913.585.82
Others Liabilities -0.08-0.03-0.24-0.14-0.080.180.130.180.130.23
Total Liabilities 7.807.617.297.358.5166.287.2810.7113.12

Fixed Assets

Gross Block8.218.298.729.019.179.329.9010.2210.4910.50
Accumulated Depreciation6.196.506.787.067.367.617.908.268.618.92
Net Fixed Assets2.021.791.941.951.821.7121.961.881.57
CWIP 0000000000
Investments 0.020.0200000000
Inventories3.903.642.482.753.730.760.771.425.387.66
Trade Receivables1.211.662.471.762.633.113.113.091.952.80
Cash Equivalents 0.030.020.040.440.020.010.010.040.440.04
Others Assets0.610.480.360.440.310.410.390.771.071.05
Total Assets 7.807.617.297.358.5166.287.2810.7113.12

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 0.280.241.180.69-0.421.960.680.57-1.55-0.10
PBT 0.020.030.060.140.080.110.430.610.120.11
Adjustment 0.360.300.540.310.410.390.320.390.540.63
Changes in Working Capital -0.1-0.090.590.24-0.871.5-0.01-0.32-2.16-0.79
Tax Paid 0000-0.04-0.05-0.05-0.11-0.06-0.06
Cash Flow From Investing Activity -0.10-0.07-0.40-0.23-0.01-0.04-0.72-0.66-0.59-0.01
Capex -0.11-0.08-0.43-0.30-0.16-0.15-0.58-0.32-0.270
Net Investments 00-0.01-0.01000000
Others 0.010.010.050.080.150.11-0.14-0.34-0.310
Cash Flow From Financing Activity -0.16-0.18-0.76-0.070.02-1.930.040.122.54-0.29
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 00-0.610.070.21-1.770.070.422.730.03
Interest Paid 00-0.15-0.14-0.19-0.16-0.04-0.02-0.19-0.32
Dividend Paid 0000000-0.2800
Others -0.16-0.1800000000
Net Cash Flow 0.02-0.010.020.40-0.41-0.0100.030.40-0.40
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)0.710.755.480.980.24-5.5915.4815.52.491.47
ROCE (%)4.294.434.275.735.476.713.9116.565.56.17
Asset Turnover Ratio1.261.531.881.531.462.221.852.421.080.86
PAT to CFO Conversion(x)14127.8723-42N/A1.451.1-17.22-2
Working Capital Days
Receivable Days424554696965100699484
Inventory Days1451178086102512524127231
Payable Days124104941221268611980183243

Pratiksha Chemicals Ltd Stock News

Pratiksha Chemicals Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Pratiksha Chemicals on 21-Nov-2024 16:59 is ₹20.14.
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 16:59 the market cap of Pratiksha Chemicals stood at ₹11.22.
The latest P/E ratio of Pratiksha Chemicals as of 21-Nov-2024 16:59 is 0.00.
The latest P/B ratio of Pratiksha Chemicals as of 21-Nov-2024 16:59 is 3.25.
The 52-week high of Pratiksha Chemicals is ₹44.00 and the 52-week low is ₹19.15.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Pratiksha Chemicals is ₹10.65 ( Cr.) .

About Pratiksha Chemicals Ltd

Pratiksha Chemicals, a Dhara Group company, was formed as Pratiksha Chemicals Pvt. Ltd. in the year 1991 and started the commercial production of Phthalocyanine Pigment Green 7 with the manufacturing capacity of 110 metric tonnes per annum.

In the year 1994, Pratiksha Chemicals Pvt. Ltd. was changed to a public company and was christened as Pratiksha Chemicals Limited. Soon the manufacturing capacity was also increased to 480 metric tonnes per annum.

Today, Pratiksha has a wide customer base in USA, Europe, Middle East, Far East and Africa besides the local Indian market dealt by the merchant exporters and also by direct exports. It proudly claims 95% of its sale from repeat orders, which is the result of its determination to give its customers the high quality cost effective product.

The manufacturing facility of the Pratiksha group is located at Sanand, in the suburbs of Ahmedabad. 90% of the yield is exported to the customers spanning across the globe.

The current range of the products manufactured by Pratiksha includes:

  • Pigment Green 7 (C. I. No. 74260) - powder form
  • Pigment Green 7 (C. I. No. 74260) - presscake form
  • Copper Phthalocyanine Green Crude - presscake form
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