WEBSITE BSE:537326 NSE : CHEMTECH IND 18 May, 12:50
Market Cap ₹255 Cr.
Stock P/E 66.4
P/B 7.9
Current Price ₹174.2
Book Value ₹ 21.9
Face Value 10
52W High ₹174.2
Dividend Yield 0%
52W Low ₹ 31
Chemtech Industrial Valves Limited, is a publicly listed company specializing in the manufacture of a wide range of industrial valves. Founded in 1997, portfolio includes customized valves, control valves, fabricated valves, high-pressure valves, and actuator-operated valves, among others. The company has made significant strides in the industry, securing large value EPC project orders from notable entities like SAIL and the ESSAR Group of Companies and has also executed export orders for prestigious projects in Qatar.The company’s leadership includes directors such as Hemant Goyal and Harsh Pradeep Badkur, who have been pivotal in guiding Chemtech towards its current market position2. As for the promoters, the Badkur family holds a significant portion of the company’s shares, with Harsh Pradeep Badkur holding 15.28%, Puneet Pradeep Badkur with 10.42%, and other family members also contributing to the promoter shareholding.
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Jun 2022 | Sep 2022 | Dec 2022 | Jun 2023 | Sep 2023 | Dec 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 4 | 2 | 3 | 3 | 4 | 4 | 4 | 6 | 5 | 11 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Income | 4 | 2 | 3 | 3 | 4 | 4 | 4 | 6 | 5 | 11 |
| Total Expenditure | 3 | 2 | 2 | 2 | 3 | 4 | 4 | 4 | 4 | 9 |
| Operating Profit | 1 | 0 | 0 | 1 | 1 | 0 | 0 | 2 | 1 | 2 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 0 | -1 | -0 | 0 | 0 | -0 | -0 | 2 | 0 | 1 |
| Provision for Tax | -0 | -0 | -0 | -0 | 0 | -0 | -0 | 0 | -0 | -0 |
| Profit After Tax | 0 | -1 | -0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 0 | -1 | -0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Adjusted Earnings Per Share | 0.1 | -0.5 | -0.3 | 0.1 | 0.3 | 0 | 0 | 1.2 | 0.5 | 0.9 |
| #(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 | 23 | 30 | 33 | 39 | 47 | 48 | 17 | 20 | 14 | 11 | 20 | 26 |
| Other Income | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Total Income | 23 | 31 | 34 | 39 | 47 | 48 | 17 | 20 | 14 | 12 | 21 | 26 |
| Total Expenditure | 19 | 29 | 34 | 39 | 44 | 45 | 14 | 17 | 11 | 10 | 17 | 21 |
| Operating Profit | 3 | 2 | -0 | 1 | 3 | 3 | 3 | 3 | 3 | 2 | 5 | 5 |
| Interest | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| Exceptional Income / Expenses | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 1 | -1 | -4 | -3 | 0 | 0 | 0 | 1 | 1 | -1 | 3 | 3 |
| Provision for Tax | 0 | 0 | 0 | 0 | 0 | 0 | -0 | -0 | -0 | -0 | -0 | 0 |
| Profit After Tax | 1 | -2 | -4 | -3 | 0 | 0 | 0 | 1 | 1 | -1 | 3 | 3 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 1 | -2 | -4 | -3 | 0 | 0 | 0 | 1 | 1 | -1 | 3 | 3 |
| Adjusted Earnings Per Share | 0 | -1.4 | -3.3 | -2.5 | 0.1 | 0.3 | 0.2 | 0.8 | 0.6 | -0.5 | 2.4 | 2.6 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 82% | 0% | -16% | -1% |
| Operating Profit CAGR | 150% | 19% | 11% | 5% |
| PAT CAGR | 0% | 44% | 0% | 12% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 338% | 157% | 79% | 28% |
| ROE Average | 27% | 9% | 9% | -1% |
| ROCE Average | 18% | 10% | 10% | 7% |
| #(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 | 5 | 14 | 10 | 7 | 7 | 8 | 8 | 9 | 10 | 9 | 12 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 10 | 10 | 9 | 10 | 10 | 9 | 9 | 8 | 11 | 10 | 9 |
| Other Non-Current Liabilities | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Total Current Liabilities | 13 | 11 | 8 | 31 | 16 | 7 | 7 | 6 | 6 | 7 | 7 |
| Total Liabilities | 28 | 35 | 28 | 49 | 34 | 25 | 25 | 24 | 27 | 27 | 28 |
| Fixed Assets | 16 | 16 | 18 | 17 | 16 | 15 | 14 | 13 | 12 | 12 | 12 |
| Other Non-Current Assets | 0 | 1 | 0 | 0 | 3 | 2 | 3 | 2 | 3 | 3 | 2 |
| Total Current Assets | 12 | 18 | 10 | 32 | 16 | 8 | 7 | 9 | 12 | 12 | 14 |
| Total Assets | 28 | 35 | 28 | 49 | 34 | 25 | 25 | 24 | 27 | 27 | 28 |
| #(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 | 0 | 1 | 7 | 2 | 2 | 2 | 1 | 0 | 1 | 2 | 3 |
| Cash Flow from Operating Activities | 4 | 2 | 2 | 0 | 3 | 4 | 2 | 2 | 1 | 2 | 2 |
| Cash Flow from Investing Activities | -6 | -1 | -3 | 0 | 0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Cash Flow from Financing Activities | 2 | 6 | -3 | -0 | -3 | -6 | -3 | -1 | -1 | -0 | -2 |
| Net Cash Inflow / Outflow | 0 | 6 | -4 | -0 | 0 | -2 | -0 | 1 | 0 | 1 | -1 |
| Closing Cash & Cash Equivalent | 1 | 7 | 2 | 2 | 2 | 1 | 0 | 1 | 2 | 3 | 2 |
| # | 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) | 0 | -1.45 | -3.29 | -2.45 | 0.1 | 0.28 | 0.2 | 0.85 | 0.6 | -0.49 | 2.43 |
| CEPS(Rs) | 3.35 | -0.73 | -2.17 | -1.38 | 1.12 | 1.23 | 1.13 | 1.73 | 1.45 | 0.39 | 3.28 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 0 | 11.57 | 8.31 | 5.87 | 6.11 | 6.42 | 6.66 | 7.54 | 8.2 | 7.77 | 10.22 |
| Core EBITDA Margin(%) | 14.2 | 2.91 | -2.22 | 1.36 | 6.75 | 6.76 | 13.97 | 15.52 | 19.73 | 13.82 | 18.99 |
| EBIT Margin(%) | 12.39 | 2.67 | -4.81 | -1.38 | 4.81 | 4.81 | 8.83 | 11.57 | 14.47 | 6.6 | 19.15 |
| Pre Tax Margin(%) | 4.73 | -4.4 | -10.59 | -6.74 | 0.69 | 0.87 | 0.04 | 4.82 | 4.72 | -5.25 | 13.6 |
| PAT Margin (%) | 3.4 | -5.3 | -11.15 | -7.05 | 0.24 | 0.67 | 1.4 | 4.97 | 4.91 | -4.88 | 13.66 |
| Cash Profit Margin (%) | 5.69 | -2.67 | -7.36 | -3.98 | 2.67 | 2.92 | 7.76 | 10.14 | 12.01 | 3.92 | 18.45 |
| ROA(%) | 3.02 | -5.26 | -11.91 | -7.27 | 0.28 | 1.09 | 0.94 | 3.97 | 2.67 | -2.09 | 10.12 |
| ROE(%) | 21.04 | -19.06 | -33.11 | -34.56 | 1.68 | 4.46 | 3.1 | 11.91 | 7.56 | -6.11 | 27 |
| ROCE(%) | 13.91 | 3.2 | -6.09 | -2.32 | 10.07 | 10.95 | 7.64 | 11.71 | 9.74 | 3.58 | 18.13 |
| Receivable days | 85.89 | 63.15 | 60.58 | 141.92 | 141.22 | 56.07 | 86.87 | 54.46 | 100.3 | 121.87 | 79.32 |
| Inventory Days | 93.03 | 62.34 | 37.28 | 27.07 | 19.89 | 17.32 | 59.86 | 69.64 | 89.98 | 97.69 | 54.38 |
| Payable days | 81.19 | 50.91 | 38.97 | 138.45 | 152.01 | 46.63 | 84.27 | 87.49 | 122.17 | 203.55 | 126.83 |
| PER(x) | 0 | 0 | 0 | 0 | 153.51 | 54.52 | 41.89 | 10.64 | 11.98 | 0 | 6.63 |
| Price/Book(x) | 0 | 0 | 0 | 3.85 | 2.53 | 2.37 | 1.28 | 1.19 | 0.87 | 1.96 | 1.58 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 0.83 | 0.68 | 0.72 | 1.03 | 0.66 | 0.61 | 1.23 | 1.03 | 1.35 | 2.3 | 1.33 |
| EV/Core EBITDA(x) | 5.65 | 12.45 | -86.21 | 59.79 | 8.92 | 8.54 | 8.1 | 6.17 | 6.26 | 14.93 | 5.54 |
| Net Sales Growth(%) | 36.22 | 33.54 | 10.48 | 16.71 | 20.06 | 2.45 | -65.31 | 17.32 | -28.84 | -17.41 | 77.66 |
| EBIT Growth(%) | 43.47 | -70.18 | -294.43 | 66.19 | 518.89 | 0.44 | -36.55 | 53.74 | -11.05 | -62.3 | 415.17 |
| PAT Growth(%) | 7.43 | -315.59 | -127.16 | 25.54 | 104.11 | 177.55 | -27.46 | 316.72 | -29.59 | -182 | 597.44 |
| EPS Growth(%) | 0 | 0 | -127.16 | 25.54 | 104.11 | 177.55 | -27.46 | 316.76 | -29.6 | -181.99 | 597.48 |
| Debt/Equity(x) | 4.55 | 1.2 | 1.55 | 2.43 | 2.24 | 1.66 | 1.47 | 1.28 | 1.29 | 1.33 | 0.9 |
| Current Ratio(x) | 0.9 | 1.7 | 1.15 | 1.05 | 1 | 1.2 | 1.05 | 1.52 | 2.13 | 1.86 | 2.2 |
| Quick Ratio(x) | 0.38 | 1.34 | 0.79 | 0.95 | 0.85 | 0.86 | 0.6 | 0.8 | 1.66 | 1.32 | 1.81 |
| Interest Cover(x) | 1.62 | 0.38 | -0.83 | -0.26 | 1.17 | 1.22 | 1.01 | 1.71 | 1.48 | 0.56 | 3.45 |
| Total Debt/Mcap(x) | 0 | 0 | 0 | 0.63 | 0.88 | 0.7 | 1.15 | 1.07 | 1.49 | 0.68 | 0.57 |
| # | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 70.1 | 70.1 | 70.1 | 70.1 | 70.1 | 73.78 | 69.43 | 69.43 | 60.72 | 47.65 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 29.9 | 29.9 | 29.9 | 29.9 | 29.9 | 26.22 | 30.57 | 30.57 | 39.28 | 52.35 |
| 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 | 0.81 | 0.81 | 0.81 | 0.81 | 0.81 | 0.85 | 0.8 | 0.8 | 0.7 | 0.7 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.3 | 0.35 | 0.35 | 0.45 | 0.77 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1.15 | 1.15 | 1.15 | 1.15 | 1.15 | 1.15 | 1.15 | 1.15 | 1.15 | 1.46 |
Pros
Cons
* 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.
Sell or Purchase Share (Tentative Price)
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
| Companies | Open Date | Close Date | Issue Price | Cost of 1 Lot | GMP | Expected Listing | Listing Gain(%) | Listing Price | Current Price | Type | Exchange |
|---|
You May Also Know About
