Is Paradeep Phosphates a good quality company?

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

Is Paradeep Phosphates undervalued or overvalued?

The key valuation ratios of Paradeep Phosphates Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is Paradeep Phosphates share price return in the past 10 years?

Data is not available for this company

Is Paradeep Phosphates a good buy now?

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

Paradeep Phosphates Ltd - Stock Valuation and Financial Performance

Name: Paradeep Phosphates
Brand: Paradeep Phosphates

BSE: 543530 | NSE: PARADEEP | Fertilizers | Small Cap

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Paradeep Phosphates Share Price

₹108.05 -4.25 -3.78%
as on 20-Dec'24 16:59

10 Year X-Ray of Paradeep Phosphates:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	6.6%	7.7%	9.6%	10.8%	10.5%	9.9%	13.7%	15%	10.8%	6.5%	-
Value Creation Index ⓘ	-0.5	-0.4	-0.3	-0.2	-0.2	-0.3	0.0	0.1	-0.2	-0.5	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	4,159	4,782	3,620	3,791	4,358	4,193	5,165	7,859	13,341	11,575	11,059
Sales YoY Gr.	-	15%	-24.3%	4.7%	15%	-3.8%	23.2%	52.2%	69.8%	-13.2%	-
Adj EPS ⓘ	0.5	1.8	2.3	3.4	3.4	4.1	3.9	7.7	4.6	1.6	4.5
YoY Gr.	-	231.5%	30.7%	44.4%	0.3%	20.4%	-3.9%	95.2%	-40%	-65.4%	-
BVPS (₹) ⓘ	17.4	19.4	21.7	24.3	25.8	27.9	31.8	38.7	43	43.7	46.1
Adj Net Profit ⓘ	31.2	103	135	194	195	235	226	440	374	130	363
Cash Flow from Ops. ⓘ	532	-552	701	804	-920	1,270	1,501	-43.9	-2,377	1,437	-
Debt/CF from Ops. ⓘ	3.7	-5.2	3.7	2.3	-3.4	1.8	0.8	-67.3	-2	2.8	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	12.1%	21.6%	30.9%	-13.2%
Adj EPS ⓘ	12.8%	-14.1%	-26%	-65.4%
BVPSⓘ	10.8%	11.2%	11.2%	1.6%
Share Price	-	-	-	60.6%

Key Financial Parameters ⓘ

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	9.4	11.3	14.7	13.6	15.2	13.1	21.7	13	3.7	9.9
Op. Profit Mgn % ⓘ	4.1	6.1	12.8	12.9	11.3	12.4	10.6	9.4	6.8	6	9.1
Net Profit Mgn % ⓘ	0.8	2.2	3.7	5.1	4.5	5.6	4.4	5.6	2.8	1.1	3.3
Debt to Equity ⓘ	2	2.6	2.1	1.3	2.1	1.4	0.7	1.3	1.3	1.1	0.2
Working Cap Days ⓘ	241	238	350	300	302	338	222	181	165	196	100
Cash Conv. Cycle ⓘ	167	157	262	252	248	272	166	96	106	147	9

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 30.87%

Return on Equity has declined versus last 3 years average to 9.90%

Net Profit has been subdued in last 3 years -25.98%

Debt to equity has increased versus last 3 years average to 1.12

Sales growth is not so good in last 4 quarters at -24.31%

Latest Financials - Paradeep Phosphates Ltd.

	Standalone	Consolidated
TTM EPS (₹)	4.5	4.5
TTM Sales (₹ Cr.)	11,059	11,059
BVPS (₹.) ⓘ	46.1	46.1
Reserves (₹ Cr.) ⓘ	2,980	2,944
P/BV ⓘ	2.34	2.34
PE ⓘ	24.26	24.24

From the Market
52 Week Low / High (₹)	62.10 / 119.50
All Time Low / High (₹)	37.45 / 119.50
Market Cap (₹ Cr.)	8,808
Equity (₹ Cr.)	815.2
Face Value (₹)	10
Industry PE ⓘ	18.3

Management X-Ray of Paradeep Phosphates:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Paradeep Phosphates

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Price to Earnings

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Price to Book-Value

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Dividend History

Analyst's Notes

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Key Ratios of Paradeep Phosphates

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	4,159	4,782	3,620	3,791	4,358	4,193	5,165	7,859	13,341	11,575
Operating Expenses ⓘ	4,008	4,524	3,180	3,313	3,916	3,734	4,622	7,188	12,540	10,927
Manufacturing Costs	227	219	222	233	235	227	226	281	942	876
Material Costs	3,231	3,683	2,493	2,602	3,124	2,944	3,871	6,281	10,613	8,998
Employee Cost	108	118	113	119	131	131	139	139	213	230
Other Costs ⓘ	443	504	352	359	427	432	387	487	771	823
Operating Profit ⓘ	150	257	440	478	442	459	542	671	801	648
Operating Profit Margin (%)	3.6%	5.4%	12.1%	12.6%	10.1%	11.0%	10.5%	8.5%	6.0%	5.6%
Other Income ⓘ	87	44	53	20	39	36	19	39	91	69
Interest ⓘ	164	193	242	159	159	192	111	86	291	366
Depreciation ⓘ	34	28	58	62	70	72	83	90	175	211
Exceptional Items ⓘ	0	-7	-61	-54	0	0	0	0	0	0
Profit Before Tax ⓘ	40	74	131	224	251	230	367	534	426	140
Tax ⓘ	-3	-3	44	73	92	36	143	137	122	41
Profit After Tax	43	77	87	151	159	194	223	398	304	99
PAT Margin (%)	1.0%	1.6%	2.4%	4.0%	3.6%	4.6%	4.3%	5.1%	2.3%	0.9%
Adjusted EPS (₹)	0.8	1.3	1.5	2.6	2.8	3.4	3.9	6.9	3.7	1.2
Dividend Payout Ratio (%)	0%	0%	0%	0%	36%	0%	0%	0%	13%	41%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

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	1,059	1,136	1,246	1,395	1,483	1,604	1,828	2,226	3,503	3,561
Share Capital ⓘ	575	575	575	575	575	575	575	575	814	815
Reserves ⓘ	484	561	671	820	907	1,029	1,253	1,650	2,689	2,747
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	1,900	2,753	2,511	1,802	3,054	2,218	1,175	2,787	4,272	3,612
Long Term Debt	398	384	347	288	219	139	113	528	612	677
Short Term Debt	1,502	2,369	2,165	1,513	2,835	2,079	1,062	2,258	3,660	2,936
Trade Payables	330	466	530	625	708	806	940	2,273	1,912	1,488
Others Liabilities ⓘ	291	411	264	302	383	382	481	643	970	1,000
Total Liabilities ⓘ	3,581	4,766	4,551	4,124	5,628	5,011	4,424	7,929	10,658	9,662
Fixed Assets
Gross Block	1,026	1,579	1,018	1,154	1,238	1,496	1,589	1,710	3,490	4,249
Accumulated Depreciation	662	644	86	146	213	282	362	449	618	818
Net Fixed Assetsⓘ	364	935	932	1,008	1,024	1,214	1,226	1,261	2,872	3,431
CWIP ⓘ	467	139	243	215	255	149	220	336	697	372
Investmentsⓘ	0	0	0	0	0	4	126	554	4	4
Inventories	769	715	724	660	1,422	1,079	899	2,293	2,238	1,831
Trade Receivables	1,286	2,233	2,232	1,915	2,342	2,149	1,156	902	3,690	2,720
Cash Equivalents	48	36	15	30	20	6	93	598	110	118
Others Assetsⓘ	647	708	404	296	564	411	704	1,985	1,048	1,185
Total Assets ⓘ	3,581	4,766	4,551	4,124	5,628	5,011	4,424	7,929	10,658	9,662

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

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 ⓘ	532	-552	701	804	-920	1,270	1,501	-44	-2,377	1,437
PBT ⓘ	40	74	131	224	251	230	367	534	426	140
Adjustment ⓘ	-77	9	-16	225	170	290	219	198	401	521
Changes in Working Capital ⓘ	453	-740	615	410	-1305	778	993	-691	-3066	834
Tax Paid ⓘ	-1	-24	-29	-54	-36	-29	-77	-86	-137	-58
Cash Flow From Investing Activity ⓘ	-124	-207	-132	73	-103	-143	-289	-1,099	-419	-367
Capex	-157	-240	-165	-78	-126	-139	-169	-620	-436	-411
Net Investments	0	0	0	142	5	-6	-121	-482	8	41
Others ⓘ	33	33	33	9	18	1	1	3	9	4
Cash Flow From Financing Activityⓘ	-404	747	-589	-868	1,018	-1,141	-1,124	1,589	2,301	-1,022
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	975	3
Net Proceeds from Borrowing ⓘ	0	0	0	0	-59	-69	-30	506	257	88
Interest Paid ⓘ	-132	-150	-200	-164	-165	-209	-118	-40	-217	-330
Dividend Paid ⓘ	0	0	0	0	-69	-69	0	0	0	-41
Others ⓘ	-272	897	-388	-704	1,312	-794	-976	1,122	1,286	-743
Net Cash Flow ⓘ	4	-13	-20	9	-5	-15	87	446	-495	48

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	4.35	7.3	7.36	11.4	11.05	12.57	13.02	19.63	10.6	2.81
ROCE (%)	6.6	7.66	9.57	10.84	10.45	9.92	13.7	15.01	10.77	6.45
Asset Turnover Ratio	1.16	1.15	0.78	0.88	0.89	0.81	1.11	1.29	1.45	1.17
PAT to CFO Conversion(x)	12.37	-7.17	8.06	5.32	-5.79	6.55	6.73	-0.11	-7.82	14.52
Working Capital Days
Receivable Days	133	133	223	199	178	191	115	47	62	99
Inventory Days	57	56	72	67	87	106	69	73	61	63
Payable Days	28	39	42	17	25	29	20	29	21	18

Paradeep Phosphates Ltd Stock News

Paradeep Phosphates Ltd FAQs

What is the share price of Paradeep Phosphates?

Company share prices are keep on changing according to the market conditions. The closing price of Paradeep Phosphates on 20-Dec-2024 16:59 is ₹108.0.

What is the market cap of Paradeep Phosphates?

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 Paradeep Phosphates stood at ₹8,808.4.

What is the P/E ratio of Paradeep Phosphates?

The latest P/E ratio of Paradeep Phosphates as of 20-Dec-2024 16:59 is 24.26.

What is the P/B ratio of Paradeep Phosphates?

The latest P/B ratio of Paradeep Phosphates as of 20-Dec-2024 16:59 is 2.34.

What is the 52-week high and low of Paradeep Phosphates?

The 52-week high of Paradeep Phosphates is ₹119.5 and the 52-week low is ₹62.10.

What is the TTM revenue of Paradeep Phosphates?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Paradeep Phosphates is ₹11,059 ( Cr.) .

About Paradeep Phosphates Ltd

The company was initially incorporated as “Paradeep Phosphates Limited” a private limited company, in Odisha, under the Companies Act, 1956, pursuant to a certificate of incorporation dated December 24, 1981, granted by the Registrar of Companies, Odisha at Cuttack. The Company was granted an exemption under Section 620 of the Companies Act, 1956 from using the term ‘private’ as part of its name. The Company was thereafter converted to a public company pursuant to a special resolution passed by our Shareholders on April 29, 2002.

Paradeep Phosphates (PPL) is India's third-largest producer of non-urea fertilizer and the second-largest producer of Di-Ammonium Phosphate (DAP). It is primarily engaged in manufacturing, trading, distribution and sales of a variety of complex fertilizers such as DAP, three grades of Nitrogen-Phosphorus-Potassium (NPK) (namely NPK-10, NPK-12 and NP-20), Zypmite, Phospho-gypsum and Hydroflorosilicic Acid (HFSA). It is also engaged in the trading, distribution and sales of Muriate of Potash (MOP), Ammonia, Speciality Plant Nutrients (SPN) and City compost. Its fertilizers are marketed under some of the key brand names in the market ‘Jai Kisaan – Navratna’ and ‘Navratna’.

The company’s manufacturing facility is located in Paradeep, Odisha and includes a DAP and NPK production facility, a Sulphuric acid production plant and a Phosphoric acid production plant. It utilize Sulphuric and Phosphoric acids for manufacturing DAP and NPK. Its integrated business model has been critical to its success and a differentiating factor from its competitors. The company has established an extensive sales and distribution network, with a strong presence in the eastern part of India. The company’s primary raw materials include Phosphate Rock, Phosphoric acid, Sulphur, Ammonia and MOP. It source its raw materials locally as well as from various other countries such as Morocco, Jordan, Qatar and Saudi Arabia. For several of its raw materials, such as Phosphate Rock, Ammonia and Sulphur, it benefit from long-term supply agreements.

Business area of the company

The company is primarily engaged in manufacturing, distribution, trading and sales of a variety of complex fertilizers such as DAP, several grades of NPK, Zypmite and its by-product, Phospho-gypsum and HFSA. It is also engaged in distribution, trading and sales of MOP, Ammonia, City compost and P2O5-HSS.

Awards and Accreditations

2018

Awarded the FAI Award, 2018 for the best production performance of an operating fertiliser unit for complex fertilisers by the Fertiliser Association of India.
Awarded the Kalinga Safety Award (Gold) for the performance year 2017 at the Odisha State Safety Conclave, 2018.
Awarded the Prime Minister’s Shram Vir Award for the year 2016 by Ministry of Labour and Employment, Government of India.
Awarded the 17th Annual Greentech Safety Award, 2018 by Greentech Foundation.

2019

Awarded the 18th Annual Greentech Safety Award, 2019 by Greentech Foundation.
Awarded the Kalinga Safety Excellence Award (Silver) for the performance year 2018 at the Odisha State Safety Conclave, 2019.
Awarded the FAI Environmental Protection Award, 2019 by the Fertiliser Association of India.
Awarded the FAI Award, 2019 for the best production performance of an operating phosphoric acid plant by the Fertiliser Association of India.
Awarded the IconSWM Excellence Award, 2019 for implementing effective waste management and resource recovery towards environmental protection by the IconSWM.
Awarded the Smart Exporter – Gypsum at the Smart Logistics Award, 2019 by Maritime Gateway.
Awarded the Brand Leadership Award at the Bhubaneswar Brand Leadership Awards, 2019.

2020

Awarded the 19th Annual Greentech Safety Award, 2020 by Greentech Foundation Certified as a Premium Member of the British Safety Council.
Awarded for commendable contribution in the field of Corporate Social Responsibility at the Samaya Conclave – 2020.
Awarded the HR Best Practices - Union Management Relationship by NHRDN, Odisha chapter.
Awarded the Brands of Odisha: Pride of India award at the Sambad Corporate Excellence Awards, 2020 by Eastern Media Limited.

2021

Awarded the Best Brand Platinum Award 2021 in the category of Corporate Excellence.
Awarded the 3rd prize in the CII-HR-Industrial Relations Management Contest by the Confederation of Indian Industries.
Awarded the Best Productivity Excellence Award for overall production achievement in financial year 2020-21 by Orissa State Productivity Council.
Awarded the Kalinga Safety Excellence Award (Gold) for the performance year 2019 at the Odisha State Safety Conclave, 2021.
Awarded the Kalinga Safety Excellence Award (Platinum) for the performance year 2020 at the Odisha State Safety Conclave, 2021.
Awarded ISO/IEC 17025:2017 certification for our facilities at Jagatsinghapur, Odisha in the field of testing by the National Accreditation Board for Testing and Calibration Laboratories.
Received certificate for recognition of excellence in energy conservation in the large scale category for Energy Conservation Award (ENCON 2021), Confederation of Indian Industries, Eastern Region.

Major events and milestones:

1981: Incorporation of Company.
1986: Commissioning of di-ammonium phosphate plant (Phase I).
1992: Commissioning of sulphuric acid plant, phosphoric acid plant and captive power plant (Phase II).
2002: Disinvestment by GoI; Acquisition by ZMPPL (a joint venture between ZACL and Maroc Phosphore S.A.) of 74% of the paid-up equity share capital of Company.
2002-2003: Rights issue entirely subscribed by ZMPPL, increasing its stake to 80.45% of the paid-up equity share capital of Company.
2009 : Obtained the ISO 14001:2004 and ISO 9001:2008 certifications.
2010: Obtained the BS OHSAS 18001:2007 certification.
2018: Incorporation of joint venture, Zuari Yoma Agri Solutions Limited.
2019: Obtained the ISO/IEC 27001:2013 certification.
2020: Obtained Product Steward Excellence Certificate under IFA Protect and Sustain Product Stewardship Programme.
2019: Obtained ISO: 9001:2015, ISO: 14001:2015 and ISO: 45001:2018 certifications.
2021: Obtained ISO: 50001:2018 certification.