Financials Sudarshan Chemical Industries Limited

Equities

SUDARSCHEM

INE659A01023

Specialty Chemicals

Delayed Bombay S.E. 08:24:32 06/05/2024 BST 5-day change 1st Jan Change
758 INR +2.88% Intraday chart for Sudarshan Chemical Industries Limited +6.65% +38.14%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 23,880 25,898 35,922 36,012 27,009 51,010 - -
Enterprise Value (EV) 1 23,880 30,254 35,922 36,012 27,009 56,187 51,010 51,010
P/E ratio - 17.9 x 25.4 x 27.8 x 60 x 52.8 x 30.5 x 22.5 x
Yield 1.74% 1.55% 1.16% 0.96% 0.38% 0.47% 0.64% 0.84%
Capitalization / Revenue 1.62 x 1.52 x 1.93 x 1.64 x 1.17 x 2.07 x 1.83 x 1.64 x
EV / Revenue 1.62 x 1.77 x 1.93 x 1.64 x 1.17 x 2.28 x 1.83 x 1.64 x
EV / EBITDA 11.3 x 12.3 x 12.5 x 13.1 x 12.8 x 19.7 x 13.5 x 11.1 x
EV / FCF - 418 x -34.4 x -27.3 x 28.5 x 13.5 x 26.2 x 22.3 x
FCF Yield - 0.24% -2.91% -3.67% 3.5% 7.4% 3.81% 4.49%
Price to Book - 4.31 x 4.83 x 4.32 x 3.26 x 4.52 x 4.04 x 3.49 x
Nbr of stocks (in thousands) 69,227 69,227 69,227 69,227 69,227 69,227 - -
Reference price 2 345.0 374.1 518.9 520.2 390.2 736.8 736.8 736.8
Announcement Date 24/05/19 22/06/20 28/05/21 26/05/22 23/05/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 14,765 17,082 18,641 22,008 23,017 24,637 27,816 31,118
EBITDA 1 2,108 2,463 2,878 2,748 2,106 2,852 3,789 4,596
EBIT 1 - 1,728 2,012 1,855 964.2 1,529 2,514 3,316
Operating Margin - 10.12% 10.8% 8.43% 4.19% 6.2% 9.04% 10.66%
Earnings before Tax (EBT) 1 - 1,804 1,904 1,711 597.4 3,308 2,282 3,114
Net income 1 - 1,445 1,411 1,300 447.7 2,676 1,673 2,271
Net margin - 8.46% 7.57% 5.91% 1.95% 10.86% 6.02% 7.3%
EPS 2 - 20.90 20.40 18.70 6.500 13.95 24.17 32.80
Free Cash Flow 1 - 72.41 -1,044 -1,321 946.5 4,155 1,944 2,289
FCF margin - 0.42% -5.6% -6% 4.11% 16.87% 6.99% 7.36%
FCF Conversion (EBITDA) - 2.94% - - 44.93% 145.72% 51.32% 49.81%
FCF Conversion (Net income) - 5.01% - - 211.41% 155.31% 116.21% 100.82%
Dividend per Share 2 6.000 5.800 6.000 5.000 1.500 3.460 4.680 6.200
Announcement Date 24/05/19 22/06/20 28/05/21 26/05/22 23/05/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2024 S2
Net sales 1 7,812 5,064 5,765 4,739 4,980 6,018 6,272 5,542 5,284 5,280 6,912 6,081 5,903 6,036 6,368 -
EBITDA 1 1,207 796.4 874.6 619.9 528.6 738.8 860.8 414.2 428.7 416.4 847.2 698.7 653.5 685.8 802.4 1,410
EBIT 1 - - - - - - 612.8 156.2 159.2 107.3 - 352.7 374 401 449 -
Operating Margin - - - - - - 9.77% 2.82% 3.01% 2.03% - 5.8% 6.34% 6.64% 7.05% -
Earnings before Tax (EBT) 1 - - - - - - 575.3 104 79.98 6.99 - 3,442 - - - -
Net income 1 - - 534.2 261.6 227.6 363.8 446.6 70.77 45.38 5.84 - 2,670 198 213.3 285 -
Net margin - - 9.27% 5.52% 4.57% 6.05% 7.12% 1.28% 0.86% 0.11% - 43.9% 3.35% 3.53% 4.48% -
EPS 2 - - 7.700 3.800 3.200 5.200 6.400 - 0.7000 0.1000 - 38.50 - 3.350 4.700 -
Dividend per Share - - - - - - - - - - - - - - - -
Announcement Date 23/10/20 28/01/21 28/05/21 06/08/21 28/10/21 25/01/22 26/05/22 05/08/22 09/11/22 09/02/23 23/05/23 08/08/23 - - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 4,356 - - - 5,177 - -
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - 1.768 x - - - 1.815 x - -
Free Cash Flow 1 - 72.4 -1,044 -1,321 946 4,155 1,945 2,289
ROE (net income / shareholders' equity) - 24.7% 21% 16.5% 5.39% 8.97% 14.1% 17.7%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 - 86.80 107.0 120.0 120.0 163.0 182.0 211.0
Cash Flow per Share - - - - - - - -
Capex 1 1,016 2,554 2,696 3,102 1,924 815 815 1,065
Capex / Sales 6.88% 14.95% 14.46% 14.1% 8.36% 3.31% 2.93% 3.42%
Announcement Date 24/05/19 22/06/20 28/05/21 26/05/22 23/05/23 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
736.8 INR
Average target price
673.6 INR
Spread / Average Target
-8.59%
Consensus
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  4. Financials Sudarshan Chemical Industries Limited