Amal

₹389.9 11.5 | 3%

WEBSITE BSE:506597 NSE : AMAL PRODUCT 18 May, 12:50

Market Cap ₹482 Cr.

Stock P/E 282.7

P/B 6.9

Current Price ₹389.9

Book Value ₹ 56.5

Face Value 10

52W High ₹488.8

Dividend Yield 0%

52W Low ₹ 236

Edit Ratio

Amal Research see more...

Overview Inc. Year: 1974Industry: Chemicals

Amal Ltd is an primarily India-based organization engaged in imparting basic chemicals. The Company is engaged in production and advertising bulk chemical compounds, inclusive of sulfuric acid and oleum and their downstream merchandise, which include sulfur dioxide and sulfur trioxide. The plant is positioned in Ankleshwar, Gujarat, India. It has an set up capability of 140 metric ton/day. The Company sells those chemical substances regionally. The Company gives merchandise to the dyes, fertilizer, private care, petrochemical, pharmaceutical and textile industries.

Amal Share Price

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Peer Comparison

Amal Quarterly Results

#(Fig in Cr.)	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Net Sales	16	14	11	15	18	17	17	22	26	21
Other Income	0	0	0	0	0	1	0	0	0	0
Total Income	16	14	11	15	18	18	17	22	26	21
Total Expenditure	12	12	13	18	19	18	17	17	20	17
Operating Profit	4	1	-2	-3	-1	0	0	5	6	4
Interest	0	1	0	1	1	2	1	1	1	1
Depreciation	0	0	0	2	2	2	2	2	2	2
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	4	0	-2	-6	-4	-3	-3	2	3	1
Provision for Tax	1	0	-1	-0	0	1	-0	0	1	1
Profit After Tax	3	0	-2	-6	-4	-4	-3	2	2	0
Adjustments	0	0	0	0	-0	0	-0	0	0	0
Profit After Adjustments	3	0	-2	-6	-4	-4	-3	2	2	0
Adjusted Earnings Per Share	2.8	0.1	-1.7	-5.8	-4.2	-3.2	-2.1	1.4	1.8	0.3

Amal Profit & Loss

#(Fig in Cr.)	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	33	30	43	61	86
Other Income	2	1	0	1	0
Total Income	34	32	44	62	86
Total Expenditure	19	19	40	67	71
Operating Profit	16	13	4	-5	15
Interest	2	1	1	4	4
Depreciation	1	1	2	7	8
Exceptional Income / Expenses	0	0	0	0	0
Profit Before Tax	13	11	2	-16	3
Provision for Tax	4	2	1	0	2
Profit After Tax	9	9	1	-16	1
Adjustments	0	0	0	0	0
Profit After Adjustments	9	9	1	-16	1
Adjusted Earnings Per Share	8.9	8.5	1.1	-13	1.4

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	42%	23%	0%	0%
Operating Profit CAGR	-225%	NAN%	0%	0%
PAT CAGR	-1700%	NAN%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	61%	8%	30%	35%
ROE Average	-31%	1%	9%	9%
ROCE Average	-12%	8%	19%	19%

Amal Balance Sheet

#(Fig in Cr.)	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	26	34	35	68
Minority's Interest	0	0	0	0
Borrowings	3	4	42	24
Other Non-Current Liabilities	5	3	1	4
Total Current Liabilities	4	9	23	25
Total Liabilities	38	51	101	122
Fixed Assets	9	9	14	90
Other Non-Current Assets	5	14	69	10
Total Current Assets	24	27	17	21
Total Assets	38	51	101	122

Amal Cash Flow

#(Fig in Cr.)	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	0	1	1	0
Cash Flow from Operating Activities	14	10	-1	-10
Cash Flow from Investing Activities	-5	-11	-43	-16
Cash Flow from Financing Activities	-9	0	44	29
Net Cash Inflow / Outflow	0	0	-0	3
Closing Cash & Cash Equivalent	1	1	0	3

Amal Ratios

#	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	8.85	8.47	1.07	-13.03
CEPS(Rs)	9.67	9.39	2.7	-7.61
DPS(Rs)	0	0	0	0
Book NAV/Share(Rs)	24.58	32.99	34.04	55.31
Core EBITDA Margin(%)	42.66	37	9.03	-8.95
EBIT Margin(%)	45.37	37.95	5.87	-18.32
Pre Tax Margin(%)	38.93	35.54	3.7	-25.07
PAT Margin (%)	28.19	28.92	2.53	-25.74
Cash Profit Margin (%)	30.81	32.06	6.41	-15.04
ROA(%)	24.03	19.77	1.46	-14.47
ROE(%)	36.01	29.43	3.19	-31.05
ROCE(%)	49.28	33.02	4.07	-12.1
Receivable days	79.9	71.73	25.69	16.21
Inventory Days	10.46	13.87	16.42	17.5
Payable days	97.04	105.77	41.96	27.4
PER(x)	9.85	40.96	349.98	0
Price/Book(x)	3.55	10.52	10.98	3.28
Dividend Yield(%)	0	0	0	0
EV/Net Sales(x)	2.9	12.01	10.1	4.18
EV/Core EBITDA(x)	6.04	29.24	102.89	-53.74
Net Sales Growth(%)	0	-6.69	42.93	41.02
EBIT Growth(%)	0	-21.95	-77.74	-546.05
PAT Growth(%)	0	-4.29	-87.39	-1551.69
EPS Growth(%)	0	-4.29	-87.39	-1319.31
Debt/Equity(x)	0.18	0.17	1.44	0.51
Current Ratio(x)	5.67	3.11	0.74	0.84
Quick Ratio(x)	5.45	2.95	0.63	0.7
Interest Cover(x)	7.04	15.74	2.7	-2.71
Total Debt/Mcap(x)	0.05	0.02	0.13	0.16

Amal Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	66.82	66.86	66.86	66.86	66.86	71.33	71.33	71.33	71.33	71.33
FII	0	0	0	0	0	0	0	0	0	0
DII	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.02
Public	33.15	33.12	33.12	33.12	33.12	28.65	28.65	28.65	28.65	28.65
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	0.63	0.63	0.63	0.63	0.63	0.88	0.88	0.88	0.88	0.88
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	0.31	0.31	0.31	0.31	0.31	0.35	0.35	0.35	0.35	0.35
Others	0	0	0	0	0	0	0	0	0	0
Total	0.94	0.94	0.94	0.94	0.94	1.24	1.24	1.24	1.24	1.24

Pros

Debtor days have improved from 41.96 to 27.4days.
Company has reduced debt.

Cons

Company has a low return on equity of 1% over the last 3 years.
Stock is trading at 6.9 times its book value.

* 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.