Alkali Metals

₹120.4 1.4 | 1.2%

WEBSITE BSE:533029 NSE : ALKALI 18 May, 12:50

Market Cap ₹123 Cr.

Stock P/E 79.0

P/B 2.4

Current Price ₹120.4

Book Value ₹ 49.4

Face Value 10

52W High ₹163.2

Dividend Yield 1.66%

52W Low ₹ 94.1

Edit Ratio

Alkali Metals Research see more...

Overview Inc. Year: 1968Industry: Chemicals

Alkali Metals Share Price

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Price: NSE50 DMA200 DMAVolume

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Peer Comparison

Alkali Metals Quarterly Results

#(Fig in Cr.)	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Net Sales	25	22	30	22	21	19	27	17	17	25
Other Income	0	0	0	0	0	0	0	0	0	0
Total Income	25	22	30	22	21	19	27	17	17	25
Total Expenditure	21	20	26	19	18	17	24	15	15	22
Operating Profit	5	2	4	3	3	2	4	2	2	3
Interest	1	1	1	0	0	1	1	1	1	1
Depreciation	1	1	1	1	1	1	1	1	1	1
Exceptional Income / Expenses	0	0	-0	0	0	0	-0	0	0	0
Profit Before Tax	3	1	2	1	1	0	1	0	0	1
Provision for Tax	0	0	2	0	0	0	0	0	0	1
Profit After Tax	3	1	0	1	0	0	1	0	0	0
Adjustments	0	0	0	0	-0	-0	-0	0	-0	0
Profit After Adjustments	3	1	0	1	0	0	1	0	0	0
Adjusted Earnings Per Share	3.1	0.7	0.3	1.2	0.5	0.2	1	0.1	0.1	0.4

Alkali Metals Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	62	66	68	73	58	65	72	71	55	91	88	86
Other Income	1	0	1	0	0	1	1	0	0	0	1	0
Total Income	63	66	69	74	58	66	72	71	56	91	89	86
Total Expenditure	56	63	59	63	51	58	64	64	49	80	79	76
Operating Profit	7	4	10	10	7	8	8	7	6	12	11	11
Interest	3	3	5	3	3	3	3	2	3	3	3	4
Depreciation	3	4	4	4	4	3	3	3	3	4	4	4
Exceptional Income / Expenses	0	0	-1	-0	-0	-0	0	-0	-0	-0	-0	0
Profit Before Tax	0	-3	0	3	0	1	2	1	0	5	4	2
Provision for Tax	-4	-1	0	1	0	0	0	-0	1	2	1	1
Profit After Tax	5	-2	0	2	0	1	2	1	-1	3	3	1
Adjustments	0	0	0	0	0	0	0	0	0	0	-0	0
Profit After Adjustments	5	-2	0	2	0	1	2	1	-1	4	3	1
Adjusted Earnings Per Share	4.7	-1.9	0.3	2.2	0.4	1.4	1.8	0.9	-1.2	3.4	2.9	1.6

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	-3%	7%	6%	4%
Operating Profit CAGR	-8%	16%	7%	5%
PAT CAGR	0%	44%	25%	-5%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	22%	29%	25%	21%
ROE Average	6%	3%	3%	3%
ROCE Average	9%	8%	7%	6%

Alkali Metals Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	53	51	49	50	51	51	52	50	49	52	53
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	13	16	10	2	2	1	1	2	4	2	1
Other Non-Current Liabilities	1	1	1	1	-1	-1	-0	0	3	3	4
Total Current Liabilities	34	33	34	33	35	35	35	31	37	38	42
Total Liabilities	101	101	95	87	87	86	87	83	94	95	100
Fixed Assets	57	61	57	54	50	47	45	45	47	46	49
Other Non-Current Assets	6	4	3	4	2	2	4	4	2	2	3
Total Current Assets	38	36	35	30	35	37	39	34	45	47	48
Total Assets	101	101	95	87	87	86	87	83	94	95	100

Alkali Metals Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	1	1	2	3	0	0	0	0	3	0	2
Cash Flow from Operating Activities	7	1	9	8	4	4	7	9	1	11	11
Cash Flow from Investing Activities	-2	-3	-2	-0	-1	-0	-3	-4	-4	-3	-3
Cash Flow from Financing Activities	-4	2	-6	-10	-3	-4	-4	-3	0	-7	-9
Net Cash Inflow / Outflow	0	0	2	-2	-0	0	0	3	-2	2	-1
Closing Cash & Cash Equivalent	1	2	3	1	0	0	0	3	0	2	1

Alkali Metals Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	4.67	-1.93	0.28	2.21	0.36	1.44	1.85	0.94	-1.19	3.42	2.86
CEPS(Rs)	8.09	1.53	4.48	5.9	3.92	4.86	5.2	4.32	2.1	7.21	7.08
DPS(Rs)	1	0	0	1.2	0.5	1	1.2	1	0.8	2	2
Book NAV/Share(Rs)	50.93	49	47.67	48.44	48.8	49.64	50.28	48.56	47.67	50.33	51.1
Core EBITDA Margin(%)	9.47	4.85	13.15	12.93	11.21	10.35	10.37	9.42	10.95	12.51	10.97
EBIT Margin(%)	5.36	0.46	6.7	8.37	5.51	6.07	6.41	4.63	4.99	8.42	7.29
Pre Tax Margin(%)	0.6	-4.54	0.42	3.89	0.65	2.24	2.63	1.15	0.4	5.53	4.27
PAT Margin (%)	7.27	-2.81	0.4	2.94	0.6	2.23	2.63	1.34	-2.18	3.82	3.3
Cash Profit Margin (%)	12.59	2.23	6.35	7.83	6.52	7.52	7.4	6.21	3.87	8.06	8.17
ROA(%)	4.66	-1.94	0.29	2.48	0.42	1.7	2.17	1.11	-1.36	3.69	2.98
ROE(%)	9.56	-3.86	0.58	4.61	0.74	2.93	3.7	1.89	-2.46	6.98	5.64
ROCE(%)	4.17	0.37	5.75	8.45	4.74	5.72	6.66	4.74	3.96	11.03	9.25
Receivable days	69.95	71.17	56.14	47.21	64.42	67.63	63.35	44.08	60.5	50.9	56.03
Inventory Days	75.37	72.64	75.64	69.07	94.1	100.18	101.6	113.26	163.1	107.99	111.53
Payable days	144.21	131.45	124.42	107.85	173.82	160.85	163.56	147.54	256.54	169.41	175.13
PER(x)	3.64	0	115.49	18.53	207.21	39.03	22.25	26.78	0	22.88	32.02
Price/Book(x)	0.33	0.33	0.68	0.85	1.53	1.14	0.82	0.52	1.04	1.55	1.79
Dividend Yield(%)	5.88	0	0	2.92	0.67	1.77	2.92	3.99	1.61	2.56	2.18
EV/Net Sales(x)	0.79	0.77	0.91	0.85	1.66	1.15	0.82	0.6	1.29	1.04	1.25
EV/Core EBITDA(x)	6.99	13.22	6.15	6.11	13.28	9.93	7.34	6.09	11.46	8.08	10.22
Net Sales Growth(%)	4.5	6.66	3.62	7.08	-20.77	11.82	10.21	-0.99	-21.83	64.36	-3.06
EBIT Growth(%)	137.94	-90.9	1404.83	33.69	-47.61	18.73	14.9	-28.56	-15.77	177.53	-16.08
PAT Growth(%)	129.09	-141.26	114.47	694.41	-83.69	299.65	27.92	-49.36	-226.74	388.38	-16.32
EPS Growth(%)	129.09	-141.26	114.47	694.41	-83.69	299.65	27.92	-49.36	-226.74	388.38	-16.32
Debt/Equity(x)	0.63	0.72	0.67	0.43	0.43	0.36	0.35	0.4	0.45	0.34	0.36
Current Ratio(x)	1.12	1.08	1.02	0.89	0.99	1.06	1.11	1.12	1.22	1.23	1.14
Quick Ratio(x)	0.69	0.68	0.54	0.51	0.45	0.57	0.47	0.43	0.46	0.56	0.47
Interest Cover(x)	1.13	0.09	1.07	1.87	1.14	1.58	1.69	1.33	1.09	2.91	2.41
Total Debt/Mcap(x)	1.89	2.2	1	0.51	0.28	0.32	0.43	0.77	0.43	0.22	0.2

Alkali Metals Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	69.64	69.59	69.59	69.59	69.59	69.59	69.59	69.59	69.59	69.59
FII	0.08	0.55	0.55	0.55	0.55	0.51	0.44	0.41	0.12	0.16
DII	0	0	0	0	0	0	0	0	0	0
Public	30.28	29.86	29.86	29.86	29.86	29.91	29.97	30	30.29	30.25
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	0.71	0.71	0.71	0.71	0.71	0.71	0.71	0.71	0.71	0.71
FII	0	0.01	0.01	0.01	0.01	0.01	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	0.31	0.3	0.3	0.3	0.3	0.3	0.31	0.31	0.31	0.31
Others	0	0	0	0	0	0	0	0	0	0
Total	1.02	1.02	1.02	1.02	1.02	1.02	1.02	1.02	1.02	1.02

Pros

Company has delivered good profit growth of 24% CAGR over last 5 years
Company has reduced debt.
Company is almost debt free.

Cons

Company has a low return on equity of 3% over the last 3 years.
Debtor days have increased from 169.41 to 175.13days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.