Diamines & Chemicals

₹535.8 -3.7 | 0.7%

WEBSITE BSE:500120 NSE : DIAMINES&CHM 10 May, 16:01

Market Cap ₹524 Cr.

Stock P/E 23.0

P/B 3.6

Current Price ₹535.8

Book Value ₹ 149.2

Face Value 10

52W High ₹686.8

Dividend Yield 1.12%

52W Low ₹ 446

Edit Ratio

Diamines & Chemicals Research see more...

Overview Inc. Year: 1976Industry: Chemicals

Diamines and Chemicals Ltd manufactures and sells organic chemical compounds in India. The company operates thru two segments, Speciality Chemicals and Power Generation. Its merchandise consist of piperazine anhydrous, ethylenediamine, diethylenetriamine, aminoethylpiperazine, triethylenetetramine, tetraethylenepentamine, polyethylene polyamine-mix, monoethanol amine, triethylenediamine, diaminopropane, dipropylene triamine, diacetyl ethylenediamine, tetracetyl ethylenediamine, tetra methyl ethylenediamine, and amine combination, in addition to piperazine solutions The organization exports its chemical merchandise. The agency changed into incorporated in 1976 and is primarily based in Vadodara, India.

Diamines & Chemicals Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Diamines & Chemicals 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	14	17	20	23	27	25	36	32	20	23
Other Income	0	0	1	1	1	1	1	1	1	1
Total Income	15	17	21	24	28	25	37	32	21	24
Total Expenditure	10	13	11	8	11	13	23	22	15	18
Operating Profit	5	4	10	15	17	13	13	10	6	5
Interest	0	0	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	1	1
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	5	3	10	15	17	12	13	10	5	4
Provision for Tax	1	1	3	4	4	3	3	3	1	1
Profit After Tax	3	2	7	11	12	9	10	7	4	3
Adjustments	-0	0	0	-0	0	0	0	0	-0	-0
Profit After Adjustments	3	2	7	11	12	9	10	7	3	3
Adjusted Earnings Per Share	3.4	2.5	7.3	11.3	12.6	9.1	9.8	7.2	3.5	2.9

Diamines & Chemicals Profit & Loss

#(Fig in Cr.)	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	67	57	44	39	36	63	66	111	111
Other Income	0	0	0	0	0	3	2	3	4
Total Income	67	58	44	39	36	65	68	113	114
Total Expenditure	57	50	38	34	31	38	44	55	78
Operating Profit	11	8	6	5	5	28	24	58	34
Interest	4	4	3	3	3	0	0	0	0
Depreciation	2	2	2	2	2	2	2	2	2
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0
Profit Before Tax	5	2	0	-0	0	26	22	56	32
Provision for Tax	1	0	0	1	-0	5	5	14	8
Profit After Tax	4	1	0	-2	0	21	17	42	24
Adjustments	0	0	0	0	0	0	0	-0	0
Profit After Adjustments	4	1	0	-2	0	21	17	42	23
Adjusted Earnings Per Share	3.6	1.4	0.4	-1.6	0.3	21.5	17.1	42.8	23.4

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	68%	0%	23%	0%
Operating Profit CAGR	142%	0%	63%	0%
PAT CAGR	147%	0%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	2%	17%	36%	36%
ROE Average	36%	34%	21%	13%
ROCE Average	48%	44%	28%	20%

Diamines & Chemicals Balance Sheet

#(Fig in Cr.)	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	33	34	34	33	33	85	100	135
Minority's Interest	0	0	0	0	0	0	0	0
Borrowings	5	3	5	7	4	0	0	0
Other Non-Current Liabilities	7	7	6	6	7	4	4	4
Total Current Liabilities	33	26	22	19	16	6	6	13
Total Liabilities	78	71	67	65	59	95	111	151
Fixed Assets	35	33	32	29	27	22	38	40
Other Non-Current Assets	9	11	12	12	13	16	19	42
Total Current Assets	35	26	24	23	19	56	54	69
Total Assets	78	71	67	65	59	95	111	151

Diamines & Chemicals Cash Flow

#(Fig in Cr.)	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	1	0	0	0	0	4	0	1
Cash Flow from Operating Activities	-1	16	3	2	7	15	27	16
Cash Flow from Investing Activities	-5	-5	1	1	0	-15	-21	-9
Cash Flow from Financing Activities	5	-11	-4	-3	-7	-4	-5	-6
Net Cash Inflow / Outflow	-0	-0	-0	-0	-0	-3	1	2
Closing Cash & Cash Equivalent	0	0	0	0	0	0	1	3

Diamines & Chemicals Ratios

#	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	3.6	1.38	0.4	-1.63	0.25	0	21.46	17.08	42.83
CEPS(Rs)	5.81	3.82	2.88	0.45	2.28	0	23.29	18.79	44.66
DPS(Rs)	1	0.5	0	0	0	0	5	3	6
Book NAV/Share(Rs)	30.86	31.65	32.05	30.31	30.64	0	86.87	102.41	137.43
Core EBITDA Margin(%)	14.23	12.16	11.84	11.38	11.29	0	39.98	33.32	50.23
EBIT Margin(%)	11.78	8.78	7.52	7.1	7.17	0	41.2	33.56	51.1
Pre Tax Margin(%)	6.83	2.81	0.88	-0.78	0.2	0	41.08	33.43	50.97
PAT Margin (%)	4.86	2.11	0.79	-3.69	0.63	0	33.42	25.28	37.9
Cash Profit Margin (%)	7.83	5.85	5.73	1.02	5.66	0	36.26	27.81	39.52
ROA(%)	4.49	1.81	0.56	-2.41	0.4	0	44.3	16.28	32.04
ROE(%)	11.67	4.41	1.25	-5.23	0.83	0	49.41	18.05	35.72
ROCE(%)	15.1	10.48	7.28	6.08	5.94	0	60.69	23.92	48.14
Receivable days	52.07	59.11	68.34	66.99	70.12	0	54.81	53.69	54.32
Inventory Days	95.9	87.57	89.09	103.47	98.31	0	72.87	40.97	31.58
Payable days	73.23	69.43	74.52	63.14	48.41	0	64.79	49.41	69.01
PER(x)	11.26	17.86	52.7	0	132.58	0	12.31	15.91	9.38
Price/Book(x)	1.31	0.78	0.65	0.9	1.1	0	3.04	2.65	2.92
Dividend Yield(%)	2.47	2.03	0	0	0	0	1.89	1.1	1.49
EV/Net Sales(x)	0.96	0.72	0.89	1.18	1.35	0	3.6	3.41	3.31
EV/Core EBITDA(x)	5.98	5.19	6.42	9.06	9.94	0	8.17	9.45	6.28
Net Sales Growth(%)	0	-14.15	-23.46	-11.03	-9	-100	0	5.24	67.24
EBIT Growth(%)	0	-34.32	-34.1	-17.02	-7.69	-100	0	-14.29	154.68
PAT Growth(%)	0	-61.74	-71.15	-510.02	115.57	-100	0	-20.39	150.74
EPS Growth(%)	0	-61.74	-71.15	-509.99	115.57	-100	8355.56	-20.39	150.72
Debt/Equity(x)	0.87	0.63	0.63	0.68	0.52	0	0	0	0
Current Ratio(x)	1.05	1	1.1	1.2	1.19	0	9.6	8.43	5.44
Quick Ratio(x)	0.48	0.56	0.54	0.58	0.62	0	7.46	8.07	4.11
Interest Cover(x)	2.38	1.47	1.13	0.9	1.03	0	343.24	259.45	390.43
Total Debt/Mcap(x)	0.66	0.81	0.96	0.76	0.47	0	0	0	0

Diamines & Chemicals Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	54.37	54.44	54.56	54.56	54.56	54.63	54.63	54.63	54.63	54.87
FII	0	0	0	0.11	0.11	0.11	0	0	0	0.04
DII	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04
Public	45.6	45.52	45.41	45.3	45.3	45.22	45.33	45.33	45.33	45.06
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	0.53	0.53	0.53	0.53	0.53	0.53	0.53	0.53	0.53	0.54
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	0.45	0.45	0.44	0.44	0.44	0.44	0.44	0.44	0.44	0.44
Others	0	0	0	0	0	0	0	0	0	0
Total	0.98	0.98	0.98	0.98	0.98	0.98	0.98	0.98	0.98	0.98

Pros

Company has a good return on equity (ROE) track record: 3 Years ROE 34%
Company is almost debt free.

Cons

Debtor days have increased from 49.41 to 69.01days.
Stock is trading at 3.6 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.