Chemplast Sanmar

₹489.5 4.8 | 1%

WEBSITE BSE:543336 NSE : CHEMPLASTS 08 Nov, 16:01

Market Cap ₹7739 Cr.

Stock P/E -48.8

P/B 2.8

Current Price ₹489.5

Book Value ₹ 176.6

Face Value 5

52W High ₹633

Dividend Yield 0%

52W Low ₹ 413.8

Edit Ratio

Chemplast Sanmar Research see more...

Overview Inc. Year: 1985Industry: Chemicals

Chemplast Sanmar Ltd manufactures and markets speciality chemical compounds in India. The company offers speciality paste PVC resin; custom manufactured chemicals, consisting of natural chemical compounds, and phyto chemical compounds comprising colchicine and thiocolchicoside; chlorochemicals, together with caustic chlor, solvents, and refrigerant gas; and hydrogen peroxide. It offers strong point paste PVC resin and custom synthetic chemical compounds for agro-chemical, pharmaceutical, and high-quality chemicals sectors. The organisation was previously referred to as Chemicals and Plastics India Ltd and changed its name to Chemplast Sanmar Ltd in September 1995. The business enterprise was established in 1967 and is primarily based in Chennai, India. Chemplast Sanmar Ltd is a subsidiary of Sanmar Holdings Ltd.

Chemplast Sanmar Share Price

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Peer Comparison

Chemplast Sanmar Quarterly Results

#(Fig in Cr.)	Jun 2010	Sep 2010	Dec 2010	Mar 2011	Jun 2011	Sep 2011	Dec 2011	Mar 2012
Net Sales	405	498	444	576	519	561	518	533
Other Income	0	0	0	5	0	0	0	6
Total Income	405	498	444	581	519	561	518	539
Total Expenditure	377	449	401	519	452	514	480	510
Operating Profit	27	50	44	62	67	48	38	29
Interest	40	39	40	38	42	43	37	37
Depreciation	23	23	23	23	23	23	23	24
Exceptional Income / Expenses	0	0	0	11	0	0	0	0
Profit Before Tax	-36	-12	-19	11	2	-18	-22	-31
Provision for Tax	-14	0	-5	5	0	-5	-8	-6
Profit After Tax	-22	-13	-14	6	2	-13	-15	-26
Adjustments	22	13	14	-6	-2	13	15	26
Profit After Adjustments	0	0	0	0	0	0	0	0
Adjusted Earnings Per Share	-1.4	-0.8	-0.9	0.4	0.1	-0.8	-0.9	-1.6

Chemplast Sanmar Profit & Loss

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Net Sales	2645	2643	2493	2903	3030	1253	1259	1289	2012	2197	1656	2131
Other Income	32	27	20	29	22	17	8	6	33	26	42	6
Total Income	2678	2670	2513	2932	3052	1270	1267	1295	2045	2222	1697	2137
Total Expenditure	2428	2485	2143	2424	2506	935	945	898	1385	1891	1714	1956
Operating Profit	249	185	370	508	546	334	322	397	660	332	-17	182
Interest	167	163	163	73	77	47	95	254	136	23	33	159
Depreciation	91	57	65	69	75	55	87	88	91	92	107	93
Exceptional Income / Expenses	0	0	0	-49	-28	15	0	-16	0	-50	0	0
Profit Before Tax	-9	-35	143	318	366	248	139	40	434	167	-156	-69
Provision for Tax	-2	-10	61	168	187	60	40	-4	54	21	-52	-19
Profit After Tax	-8	-25	82	150	179	187	99	44	379	146	-104	-52
Adjustments	0	0	0	0	0	0	0	0	0	0	0	52
Profit After Adjustments	-8	-25	82	150	179	187	99	44	379	146	-104	0
Adjusted Earnings Per Share	-0.5	-1.6	5.1	9.4	11.2	14	7.4	3.3	24	9.2	-6.6	-3.2

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	-25%	9%	6%	-5%
Operating Profit CAGR	-105%	NAN%	NAN%	NAN%
PAT CAGR	-171%	NAN%	NAN%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	10%	-9%	NA%	NA%
ROE Average	-4%	7%	8%	18%
ROCE Average	-4%	9%	10%	21%

Chemplast Sanmar Balance Sheet

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Shareholder's Funds	252	224	306	317	496	1879	1977	2021	3797	3944	3840
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	172	379	299	232	170	677	1207	1184	0	204	499
Other Non-Current Liabilities	-45	-68	-12	136	336	574	595	582	612	584	528
Total Current Liabilities	1394	1417	1326	1587	1629	690	428	497	544	763	962
Total Liabilities	1773	1953	1918	2272	2631	3820	4206	4284	4954	5494	5830
Fixed Assets	1206	1154	1107	1067	1016	2087	2175	2103	2233	2200	2929
Other Non-Current Assets	26	36	32	55	110	159	1589	1605	1625	2014	1793
Total Current Assets	540	760	777	1150	1505	1574	443	556	1097	1280	1108
Total Assets	1773	1953	1918	2272	2631	3820	4206	4284	4954	5494	5830

Chemplast Sanmar Cash Flow

#(Fig in Cr.)	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Opening Cash & Cash Equivalents	73	45	341	158	62	129	49	75	74	357	512
Cash Flow from Operating Activities	575	113	176	642	445	232	166	411	430	271	-98
Cash Flow from Investing Activities	-14	5	-247	-388	-370	-311	-438	-80	-51	-286	-537
Cash Flow from Financing Activities	-589	178	-113	-350	16	-1	298	-333	-96	171	406
Net Cash Inflow / Outflow	-27	296	-183	-96	91	-80	26	-1	283	155	-230
Closing Cash & Cash Equivalent	45	341	158	62	153	49	75	74	357	512	283

Chemplast Sanmar Ratios

#	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Earnings Per Share (Rs)	-0.49	-1.59	5.12	9.39	11.16	13.96	7.36	3.25	24	9.21	-6.57
CEPS(Rs)	0	0	9.18	13.68	15.87	18.06	13.88	9.8	29.74	15.05	0.18
DPS(Rs)	0	0	0	0	0	0	0	0	0	0	0
Book NAV/Share(Rs)	7.88	6	11.17	19.83	30.99	58.96	67.89	72.81	168.18	178.99	174.34
Core EBITDA Margin(%)	7.32	5.34	12.52	14.7	16.41	25.19	24.81	30.35	31.19	13.92	-3.53
EBIT Margin(%)	5.32	4.31	10.91	11.99	13.89	23.4	18.52	22.78	28.3	8.62	-7.46
Pre Tax Margin(%)	-0.32	-1.19	5.1	9.76	11.46	19.66	10.98	3.1	21.55	7.59	-9.43
PAT Margin (%)	-0.27	-0.86	2.93	4.61	5.6	14.87	7.8	3.39	18.86	6.63	-6.27
Cash Profit Margin (%)	2.82	1.07	5.25	6.71	7.96	19.23	14.71	10.19	23.37	10.83	0.17
ROA(%)	-0.44	-1.37	4.23	7.17	7.29	5.8	2.46	1.03	8.22	2.79	-1.83
ROE(%)	-6.08	-22.97	59.6	60.57	43.93	29.11	11.61	4.63	20.88	5.3	-3.72
ROCE(%)	19.6	17.09	31.48	43.96	50.21	21.82	12.08	13.38	23.49	6.65	-3.83
Receivable days	14.12	14.98	11.84	8.35	7.65	18.42	16.6	16.45	22.53	36.26	48.35
Inventory Days	23.12	21.69	21.84	28.36	36.78	74.42	55.1	59.35	52.99	61.44	85.35
Payable days	202.67	217.92	207.47	191.06	200.9	534.76	188.7	224.66	180.88	178.14	250.25
PER(x)	0	0	0	0	0	0	0	0	27.69	37.69	0
Price/Book(x)	0	0	0	0	0	0	0	0	3.95	1.94	2.56
Dividend Yield(%)	0	0	0	0	0	0	0	0	0	0	0
EV/Net Sales(x)	0.14	0.16	0.26	0.15	0.15	0.72	0.99	0.88	4.99	2.35	4.48
EV/Core EBITDA(x)	1.5	2.28	1.76	0.88	0.82	2.71	3.86	2.85	15.2	15.58	-443.25
Net Sales Growth(%)	17.92	-0.07	-5.69	16.45	4.37	-58.65	0.53	2.34	56.13	9.17	-24.63
EBIT Growth(%)	-2.48	-19.08	138.93	28.08	13.23	-33.48	-20.42	25.23	93.96	-66.75	-165.21
PAT Growth(%)	-165.86	-223.89	421.15	83.48	18.88	4.82	-47.26	-55.82	769.83	-61.64	-171.35
EPS Growth(%)	-165.84	-223.89	421.15	83.48	18.88	25.08	-47.26	-55.82	637.58	-61.64	-171.35
Debt/Equity(x)	2.7	7.12	4.09	1.35	1.06	1.13	1.42	1.24	0	0.07	0.24
Current Ratio(x)	0.39	0.54	0.59	0.72	0.92	2.28	1.03	1.12	2.01	1.68	1.15
Quick Ratio(x)	0.25	0.43	0.45	0.52	0.73	1.99	0.61	0.64	1.38	1.16	0.75
Interest Cover(x)	0.94	0.78	1.88	5.39	5.73	6.27	2.46	1.16	4.19	8.36	-3.78
Total Debt/Mcap(x)	0	0	0	0	0	0	0	0	0	0.04	0.09

Chemplast Sanmar Shareholding Pattern

#	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoter	54.99	54.99	54.99	54.99	54.99	54.99	54.99	54.99	54.99	54.99
FII	8.56	7.62	7.75	7.41	11.46	11.6	11.16	10.83	11.27	13.41
DII	26.98	26.46	26.81	27.81	26.64	26.93	27.51	28.15	28.39	25.74
Public	9.47	10.93	10.45	9.79	6.91	6.48	6.34	6.03	5.35	5.85
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoter	8.69	8.69	8.69	8.69	8.69	8.69	8.69	8.69	8.69	8.69
FII	1.35	1.2	1.23	1.17	1.81	1.83	1.76	1.71	1.78	2.12
DII	4.27	4.18	4.24	4.4	4.21	4.26	4.35	4.45	4.49	4.07
Public	1.5	1.73	1.65	1.55	1.09	1.02	1	0.95	0.85	0.93
Others	0	0	0	0	0	0	0	0	0	0
Total	15.81	15.81	15.81	15.81	15.81	15.81	15.81	15.81	15.81	15.81

Pros

Cons

Company has a low return on equity of 7% over the last 3 years.
Debtor days have increased from 178.14 to 250.25days.

* 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.