Aarti Surfactants Ltd - Stock Valuation and Financial Performance

BSE: 543210 | NSE: AARTISURF | Household & Personal Products | Small Cap

AARTISURF Share Price

641 -8.95 -1.38%
as on 22-Nov'24 09:17

DeciZen - make an informed investing decision on AARTISURF

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat Undervalued

3. Price Trend

Aarti Surfactants stock performance -

mw4me loader
P/E Ratio (SA):
33.22
Market Cap:
549 Cr.
52-wk low:
542.7
52-wk high:
918.7

Is Aarti Surfactants Ltd an attractive stock to invest in?

1. Is Aarti Surfactants Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Aarti Surfactants Ltd is a below average quality company.

2. Is Aarti Surfactants Ltd undervalued or overvalued?

The key valuation ratios of Aarti Surfactants Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is Aarti Surfactants Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Aarti Surfactants 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 AARTISURF:

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.
Aarti Surfactants Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % -1.5%5.9%13.2%6.9%10.6%14.9%-
Value Creation
Index
-1.1-0.6-0.1-0.5-0.20.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 264326466576601590592
Sales YoY Gr.-23.3%42.9%23.6%4.5%-1.9%-
Adj EPS -1,278.62.628.17.11526.319.5
YoY Gr.-NA984.9%-74.6%109.5%75.6%-
BVPS (₹) 25,077.2144.1172.3176.5211.7259264.2
Adj Net
Profit
-6.5221.65.512.722.317
Cash Flow from Ops. -12.718.135.523.424.352-
Debt/CF from Ops. -7.664.36.96.11.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA17.4%8.2%-1.9%
Adj EPS NANA-2.2%75.6%
BVPSNA-59.9%14.6%22.3%
Share Price - - -16.6% 1.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
-4.81.617.84.18.311.57.5
Op. Profit
Mgn %
27.29.85.67.910.77.7
Net Profit
Mgn %
-2.50.64.712.13.82.8
Debt to
Equity
0.811.21.20.90.40.2
Working Cap
Days
011410611211011862
Cash Conv.
Cycle
0553833415419

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 0.44

Return on Equity has declined versus last 3 years average to 7.50%

Sales growth has been subdued in last 3 years 8.19%

Net Profit has been subdued in last 3 years -2.22%

Sales growth is not so good in last 4 quarters at 1.41%

Latest Financials - Aarti Surfactants Ltd.

Standalone Consolidated
TTM EPS (₹) 19.5 18.2
TTM Sales (₹ Cr.) 592 592
BVPS (₹.) 264.2 262.6
Reserves (₹ Cr.) 215 214
P/BV 2.46 2.47
PE 33.22 35.73
From the Market
52 Week Low / High (₹) 542.65 / 918.70
All Time Low / High (₹) 219.15 / 1856.65
Market Cap (₹ Cr.) 549
Equity (₹ Cr.) 8.5
Face Value (₹) 10
Industry PE 61.4

Management X-Ray of AARTISURF:

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 AARTISURF

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales264326466576601590
Operating Expenses 259302420543554527
Manufacturing Costs453337343437
Material Costs197247351456474447
Employee Cost 111416181718
Other Costs 6816362825
Operating Profit 52446324863
Operating Profit Margin (%) 2.0%7.2%9.8%5.6%7.9%10.7%
Other Income 000000
Interest 21010111514
Depreciation 91112121516
Exceptional Items 000000
Profit Before Tax -632391833
Tax 0114511
Profit After Tax -622261322
PAT Margin (%) -2.5%0.6%4.6%1.0%2.1%3.8%
Adjusted EPS (₹)-1,276.42.728.17.116.026.3
Dividend Payout Ratio (%)0%0%11%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 127111133136168219
Share Capital 088888
Reserves 127103125128160211
Minority Interest000000
Debt9710914615512371
Long Term Debt3049801057348
Short Term Debt676065505023
Trade Payables381978705767
Others Liabilities 182330415566
Total Liabilities 280262387402404423

Fixed Assets

Gross Block197221268248294312
Accumulated Depreciation5969817590106
Net Fixed Assets138151187173204206
CWIP 414204877
Investments 3100055
Inventories535673757799
Trade Receivables311854546570
Cash Equivalents 007186
Others Assets232246513830
Total Assets 280262387402404423

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity -131836232452
PBT -632391833
Adjustment 112122232929
Changes in Working Capital -18-6-10-7-20-4
Tax Paid 000-2-2-7
Cash Flow From Investing Activity -28-2-60-23-11-16
Capex -28-25-60-18-11-16
Net Investments 0230000
Others 000-500
Cash Flow From Financing Activity 41-1632-6-8-37
Net Proceeds from Shares 00001929
Net Proceeds from Borrowing 3003724-13-26
Interest Paid -2-10-10-13-14-13
Dividend Paid 000-200
Others 13-65-150-27
Net Cash Flow 007-56-1
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)-5.091.7617.774.18.3611.5
ROCE (%)-1.535.8513.236.8710.614.88
Asset Turnover Ratio1.111.21.441.461.491.43
PAT to CFO Conversion(x)N/A91.643.831.852.36
Working Capital Days
Receivable Days362728353642
Inventory Days626151474655
Payable Days714351594951

Aarti Surfactants Ltd Stock News

Aarti Surfactants Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of AARTISURF on 22-Nov-2024 09:17 is ₹641.0.
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 22-Nov-2024 09:17 the market cap of AARTISURF stood at ₹549.0.
The latest P/E ratio of AARTISURF as of 22-Nov-2024 09:17 is 33.22.
The latest P/B ratio of AARTISURF as of 22-Nov-2024 09:17 is 2.46.
The 52-week high of AARTISURF is ₹918.7 and the 52-week low is ₹542.6.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of AARTISURF is ₹591.5 ( Cr.) .

About Aarti Surfactants Ltd

Aarti Surfactants Limited is a renowned supplier of innovative and high-quality specialty surfactants. The company produces both ionic as well as anionic specialty surfactants that find applications in industries such as Home & Personal Care, Agro and Oil industries, and Industrial Applications, among others. It has created a distinctive identity for itself in the global markets backed by its diversified product portfolio customised as per its clients’ needs

The company has established two state-of-the-art manufacturing facilities - one situated at Pithampur, Madhya Pradesh, and the other at Silvassa, Dadra and Nagar Haveli.

Business area of the company

The company is one of the leading producers of ionic and non-ionic surfactants and specialty products, serving Home & Personal Care, Industrial Applications, Agro and Oil industries in India and overseas and meeting the ever-changing market dynamics.

Product Group
  • Surfactant
  • Pearlizing Agents
  • Blends
  • Preservatives
  • Mild Surfactants
  • Sun Care
Market Segments
  • Baby Care
  • Oral Care
  • Hair Care
  • Home Care
  • Industrial Application
  • Skin and Personal Care
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