Past 10 year’s financial track record analysis by Moneyworks4me indicates that Yash Chemex Ltd is a below average quality company.
The key valuation ratios of Yash Chemex 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 Yash Chemex 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 % ⓘ | 6.9% | 7.6% | 9% | 16.7% | 16.9% | 13.1% | 9.6% | 9.5% | 4.2% | -2.6% | - |
| Value Creation Index ⓘ | -0.5 | -0.5 | -0.4 | 0.2 | 0.2 | -0.1 | -0.3 | -0.3 | -0.7 | -1.2 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 73 | 71.4 | 78.1 | 83 | 92.3 | 66.5 | 44.8 | 77.3 | 54.5 | 61.4 | 52 |
| Sales YoY Gr. | - | -2.3% | 9.4% | 6.3% | 11.1% | -27.9% | -32.6% | 72.6% | -29.6% | 12.6% | - |
| Adj EPS ⓘ | 0.3 | 0.4 | 0.5 | 1.6 | 1.9 | 1.8 | 1.2 | 1.5 | 0.4 | -0.9 | -0.8 |
| YoY Gr. | - | 38.5% | 30.6% | 231.9% | 19.9% | -3.2% | -32% | 19.5% | -72.1% | -314.6% | - |
| BVPS (₹) ⓘ | 21.2 | 13.4 | 12.9 | 13.4 | 16.2 | 19.1 | 20.4 | 22.3 | 23.4 | 23.1 | 23.6 |
| Adj Net Profit ⓘ | 0.1 | 0.3 | 0.5 | 1.6 | 1.9 | 1.9 | 1.3 | 1.5 | 0.4 | -0.9 | -1 |
| Cash Flow from Ops. ⓘ | 0.7 | -2.4 | -2.2 | 4.5 | 4.6 | 0.7 | -1.7 | -2.8 | 4.8 | 0 | - |
| Debt/CF from Ops. ⓘ | 10.6 | -1.6 | -1.4 | 0.4 | 0.3 | 2.4 | -2 | -2.6 | 1.5 | -296.9 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | -1.9% | -7.8% | 11% | 12.6% | ||||
| Adj EPS ⓘ | -214.5% | -186% | -189.4% | -314.6% | ||||
| BVPSⓘ | 0.9% | 7.3% | 4.3% | -1.5% | ||||
| Share Price | - | -10.3% | 11.4% | -18.5% | ||||
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 % ⓘ | 1.2 | 3.1 | 4.1 | 11.9 | 12.6 | 10.3 | 6.2 | 6.9 | 1.8 | -3.8 | -3.5 |
| Op. Profit Mgn % ⓘ | 0.1 | 0.8 | 1 | 1.5 | 2.9 | 2.1 | 2.4 | 2.4 | -1 | -2.7 | -2.1 |
| Net Profit Mgn % ⓘ | 0.1 | 0.4 | 0.6 | 1.9 | 2.1 | 2.8 | 2.8 | 1.9 | 0.8 | -1.5 | -1.6 |
| Debt to Equity ⓘ | 1 | 0.4 | 0.2 | 0.1 | 0.1 | 0.1 | 0.2 | 0.3 | 0.3 | 0.2 | 0 |
| Working Cap Days ⓘ | 149 | 188 | 185 | 159 | 129 | 169 | 238 | 152 | 213 | 156 | 93 |
| Cash Conv. Cycle ⓘ | 51 | 50 | 30 | 56 | 42 | 37 | 79 | 71 | 109 | 84 | 36 |
Sales growth is growing at healthy rate in last 3 years 11.04%
Return on Equity is Poor
Sales growth is not so good in last 4 quarters at -33.85%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | -0.8 | -0.5 |
| TTM Sales (₹ Cr.) | 52.2 | 81.9 |
| BVPS (₹.) ⓘ | 23.6 | 36 |
| Reserves (₹ Cr.) ⓘ | 14 | 27 |
| P/BV ⓘ | 2.40 | 1.57 |
| PE ⓘ | 0.00 | 0.00 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 39.20 / 82.39 |
| All Time Low / High (₹) | 9.22 / 116.95 |
| Market Cap (₹ Cr.) | 57.9 |
| Equity (₹ Cr.) | 10.2 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 69 |
| 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 | 73.04 | 71.38 | 78.11 | 83.02 | 92.25 | 66.52 | 44.81 | 77.33 | 54.48 | 61.35 |
| Operating Expenses ⓘ | 73 | 70.82 | 77.45 | 81.80 | 89.60 | 65.20 | 43.72 | 75.56 | 55.03 | 63 |
| Manufacturing Costs | 0.99 | 1.05 | 1.06 | 0.77 | 0.42 | 0.34 | 0.15 | 0.22 | 0.15 | 0.19 |
| Material Costs | 71.50 | 69.40 | 75.46 | 80.37 | 87.70 | 63.31 | 42.77 | 74.03 | 54.21 | 60.96 |
| Employee Cost | 0.15 | 0.09 | 0.15 | 0.17 | 0.32 | 0.24 | 0.22 | 0.19 | 0.17 | 0.18 |
| Other Costs ⓘ | 0.36 | 0.28 | 0.78 | 0.49 | 1.16 | 1.31 | 0.58 | 1.12 | 0.51 | 1.67 |
| Operating Profit ⓘ | 0.04 | 0.56 | 0.67 | 1.23 | 2.65 | 1.33 | 1.09 | 1.76 | -0.56 | -1.65 |
| Operating Profit Margin (%) | 0.1% | 0.8% | 0.9% | 1.5% | 2.9% | 2.0% | 2.4% | 2.3% | -1.0% | -2.7% |
| Other Income ⓘ | 1.04 | 0.60 | 0.72 | 1.45 | 0.20 | 1.27 | 1.12 | 0.84 | 1.85 | 0.87 |
| Interest ⓘ | 0.89 | 0.67 | 0.44 | 0.28 | 0.07 | 0.14 | 0.40 | 0.51 | 0.77 | 0.77 |
| Depreciation ⓘ | 0.07 | 0.06 | 0.04 | 0.03 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 0.12 | 0.43 | 0.91 | 2.37 | 2.75 | 2.43 | 1.79 | 2.08 | 0.51 | -1.56 |
| Tax ⓘ | 0.04 | 0.15 | 0.29 | 0.74 | 0.80 | 0.65 | 0.53 | 0.62 | 0.12 | -0.65 |
| Profit After Tax | 0.08 | 0.28 | 0.62 | 1.63 | 1.95 | 1.79 | 1.26 | 1.46 | 0.39 | -0.91 |
| PAT Margin (%) | 0.1% | 0.4% | 0.8% | 2.0% | 2.1% | 2.7% | 2.8% | 1.9% | 0.7% | -1.5% |
| Adjusted EPS (₹) | 0.2 | 0.4 | 0.6 | 1.6 | 1.9 | 1.8 | 1.2 | 1.4 | 0.4 | -0.9 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 22% | 16% | 0% | 0% | 0% | 0% | 0% |
| 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 | 7.47 | 10.10 | 13.23 | 13.67 | 16.62 | 19.56 | 20.85 | 22.84 | 23.98 | 23.62 |
| Share Capital ⓘ | 1.41 | 3.01 | 4.10 | 10.24 | 10.24 | 10.24 | 10.24 | 10.24 | 10.24 | 10.24 |
| Reserves ⓘ | 6.06 | 7.09 | 9.13 | 3.43 | 6.38 | 9.32 | 10.60 | 12.60 | 13.74 | 13.38 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 7.67 | 3.82 | 2.95 | 1.94 | 1.28 | 0.72 | 2.85 | 6.66 | 6.78 | 4.79 |
| Long Term Debt | 0 | 0 | 0 | 0 | 0 | 0.72 | 0.72 | 0.22 | 0.14 | 0.04 |
| Short Term Debt | 7.67 | 3.82 | 2.95 | 1.94 | 1.28 | 0 | 2.13 | 6.44 | 6.64 | 4.76 |
| Trade Payables | 20.88 | 30.98 | 25.57 | 19.51 | 21.36 | 16.88 | 16.64 | 15.24 | 14.04 | 8.96 |
| Others Liabilities ⓘ | 0.61 | 0.32 | 0.54 | 0.39 | 2.38 | 2.14 | 1.63 | 1.80 | 3.61 | 2.83 |
| Total Liabilities ⓘ | 36.63 | 45.22 | 42.28 | 35.51 | 41.65 | 39.30 | 41.96 | 46.55 | 48.41 | 40.20 |
Fixed Assets | ||||||||||
| Gross Block | 0.57 | 0.56 | 0.56 | 0.35 | 0.35 | 0.36 | 0.36 | 0.36 | 3.68 | 3.95 |
| Accumulated Depreciation | 0.14 | 0.18 | 0.22 | 0.03 | 0.05 | 0.07 | 0.09 | 0.10 | 0.35 | 0.36 |
| Net Fixed Assetsⓘ | 0.43 | 0.38 | 0.34 | 0.32 | 0.30 | 0.28 | 0.27 | 0.25 | 3.33 | 3.59 |
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investmentsⓘ | 0.11 | 0 | 0 | 2.89 | 8.22 | 10.52 | 10.54 | 10.97 | 14.71 | 12.20 |
| Inventories | 9.04 | 11.49 | 2.93 | 3.14 | 6.06 | 2.95 | 3.90 | 5.29 | 5.65 | 6.56 |
| Trade Receivables | 23.97 | 31.95 | 38.31 | 28.31 | 25.07 | 21.06 | 25.14 | 28.06 | 22.55 | 16.19 |
| Cash Equivalents | 0.27 | 0.14 | 0.15 | 0.11 | 0.14 | 0.08 | 1.08 | 1.01 | 1.24 | 1.14 |
| Others Assetsⓘ | 2.81 | 1.27 | 0.55 | 0.74 | 1.86 | 4.41 | 1.04 | 0.96 | 0.92 | 0.51 |
| Total Assets ⓘ | 36.63 | 45.22 | 42.28 | 35.51 | 41.65 | 39.30 | 41.96 | 46.55 | 48.41 | 40.20 |
| 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 ⓘ | 0.72 | -2.44 | -2.19 | 4.47 | 4.61 | 0.72 | -1.69 | -2.81 | 4.80 | -0.02 |
| PBT ⓘ | 0.12 | 0.43 | 0.91 | 2.37 | 2.75 | 2.43 | 1.79 | 2.08 | 0.51 | -1.56 |
| Adjustment ⓘ | 0.94 | 0.47 | 0.44 | -1.06 | 0.05 | -0.39 | 0.34 | 0.43 | 0.80 | 0.66 |
| Changes in Working Capital ⓘ | -0.3 | -3.19 | -3.25 | 3.66 | 2.64 | -1.01 | -3.3 | -4.56 | 3.71 | 1.11 |
| Tax Paid ⓘ | -0.04 | -0.15 | -0.29 | -0.50 | -0.83 | -0.32 | -0.52 | -0.76 | -0.22 | -0.22 |
| Cash Flow From Investing Activity ⓘ | 0.03 | 0.38 | 0.10 | -3.14 | -3.67 | -0.07 | 0.04 | -0.58 | -5.98 | 2.83 |
| Capex | -0.01 | 0 | 0 | -0.01 | 0 | 0 | 0 | 0 | -3.10 | -0.27 |
| Net Investments | 0 | 0.11 | 0 | -3.13 | -3.68 | -0.09 | 0 | -0.66 | -2.97 | 3.04 |
| Others ⓘ | 0.05 | 0.26 | 0.10 | 0 | 0 | 0.02 | 0.04 | 0.08 | 0.08 | 0.06 |
| Cash Flow From Financing Activityⓘ | -0.88 | 1.93 | 2.10 | -1.37 | -0.92 | -0.70 | 1.73 | 3.28 | 1.17 | -2.76 |
| Net Proceeds from Shares ⓘ | 0 | 2.35 | 2.51 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | 0 | 0 | 0.72 | 0 | 0 | 0 | 0 |
| Interest Paid ⓘ | -0.89 | -0.43 | -0.44 | -0.28 | -0.07 | -0.14 | -0.40 | -0.51 | -0.77 | -0.77 |
| Dividend Paid ⓘ | 0 | 0 | 0 | -0.14 | -0.15 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0.02 | 0.01 | 0.03 | -0.94 | -0.69 | -1.28 | 2.13 | 3.79 | 1.94 | -1.99 |
| Net Cash Flow ⓘ | -0.12 | -0.13 | 0.01 | -0.04 | 0.02 | -0.06 | 0.08 | -0.12 | -0.01 | 0.05 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 1.12 | 3.21 | 5.34 | 12.11 | 12.88 | 9.89 | 6.24 | 6.67 | 1.66 | -3.83 |
| ROCE (%) | 6.86 | 7.59 | 8.98 | 16.67 | 16.85 | 13.13 | 9.63 | 9.54 | 4.19 | -2.64 |
| Asset Turnover Ratio | 2.38 | 1.91 | 1.95 | 2.18 | 2.39 | 1.64 | 1.1 | 1.75 | 1.15 | 1.38 |
| PAT to CFO Conversion(x) | 9 | -8.71 | -3.53 | 2.74 | 2.36 | 0.4 | -1.34 | -1.92 | 12.31 | N/A | Working Capital Days |
| Receivable Days | 107 | 131 | 150 | 144 | 106 | 127 | 188 | 126 | 170 | 115 |
| Inventory Days | 30 | 48 | 31 | 13 | 18 | 25 | 28 | 22 | 37 | 36 |
| Payable Days | 93 | 136 | 137 | 102 | 85 | 110 | 143 | 79 | 99 | 69 |
The company was originally incorporated on June 03, 2016 at Ahmadabad as Yash Chemex Private Limited under the provisions of the companies Act, 1956 with the Registrar of companies, Gujarat Dadra and Nagar Havelli. The company was converted into a Public Limited Company and the name was from Yash Chemex Private Limited to Yash Chemex Limited. A fresh Certificate of Incorporation consequent upon conversion to public limited company was issued by the RoC on February 15, 2016.
The company is a SMERA rated company engaged in importing and trading of dyes, chemicals and intermediaries for Textile and Garment Industry, Water Treatment Industry, Laminate Industry Agrochemicals, Adhesives, Metal Industry among others. The company focuses on basic Chemicals such as Tobias Acid, Beta Nephthol, Sulpho Tobias Acid, J Acid, H Acid, Bon Acid and Melamine which together contributed to more than 90% of sales in financial year 2014-15.
The company have diverse product portfolio of different varieties of Chemical and Acid. The company has requisite infrastructure to accommodate stock of every component. They supply product across various industries such as Medicine manufacturing company, Oil paint producing company, plastic products company among others.
Business area of the company
The company is a chemicals and dyes trading and distribution company with a descriptive product portfolio. The company’s major selling products are Tobias Acid, Beta Nepthol and Melamine and has requisite infrastructure to accommodate stock of every component.
Milestones of the company
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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.
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