Nifty

:

10853.55

Sensex

:

36565.56

35.95 (0.33%)
84.47 (0.23%)

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Nifty
Sensex

:
:

10853.55
36565.56

35.95 (0.33%)
84.47 (0.23%)

Shivalik Rasayan Ltd.

Pesticides & Agrochemicals

Rating :

61/99

BSE: 539148 | NSE: Not Listed

Watchlist

NSE BSE

205.90

17-Sep-2019

Open
High
Low
Previous Close

219.00
219.00
197.00
202.15

Volume
Traded Value (lacs)
52 Week High
52 Week Low

222
8.99
390.00
174.30

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

283.71
17.92
5

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

279.67
0.19%
1.68

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales

Revenue CAGR (%)

10 Years
5 Years
3 Years

9.22
4.23
12.19

EBITDA CAGR (%)

10 Years
5 Years
3 Years

34.76
28.83
18.33

PAT CAGR (%)

10 Years
5 Years
3 Years

40.59
34.17
42.37

P:E (Median)

8 Years
5 Years
3 Years

-
-
59.46

P:BV (Average)

8 Years
5 Years
3 Years

-
-
5.34

EV:EBITDA (Average)

8 Years
5 Years
3 Years

-
-
33.68

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Jun 19 Jun 18 Var% Mar 19 Mar 18 Var% Dec 18 Dec 17 Var% Sep 18 Sep 17 Var%
Net Sales 14.52 12.82 13.26% 11.45 11.73 -2.39% 12.51 10.10 23.86% 11.16 10.17 9.73%
Expenses 12.66 10.66 18.76% 9.93 9.58 3.65% 11.35 8.14 39.43% 9.75 8.84 10.29%
EBITDA 1.86 2.16 -13.89% 1.52 2.15 -29.30% 1.16 1.96 -40.82% 1.42 1.32 7.58%
EBIDTM 12.81% 16.88% 13.30% 18.35% 9.26% 19.42% 12.69% 13.02%
Other Income 0.44 0.02 2,100.00% 4.17 0.11 3,690.91% 0.12 0.03 300.00% 0.03 0.57 -94.74%
Interest 0.21 0.27 -22.22% 0.28 0.49 -42.86% 0.31 0.22 40.91% 0.25 0.25 0.00%
Depreciation 0.18 0.09 100.00% 0.18 0.08 125.00% 0.23 0.09 155.56% 0.32 0.09 255.56%
PBT 1.91 1.82 4.95% 5.23 1.69 209.47% 0.74 1.69 -56.21% 0.88 1.56 -43.59%
Tax -0.09 0.26 - -0.40 -0.39 - -0.02 0.59 - -0.09 0.51 -
PAT 2.01 1.56 28.85% 5.63 2.08 170.67% 0.76 1.10 -30.91% 0.97 1.05 -7.62%
PATM 13.82% 12.18% 49.15% 17.70% 6.07% 10.89% 8.71% 10.34%
EPS 1.46 1.48 -1.35% 4.08 1.97 107.11% 0.55 1.05 -47.62% 0.92 1.23 -25.20%

Description Jun 19 Jun 18 Var% Mar 19 Mar 18 Var% Dec 18 Dec 17 Var% Sep 18 Sep 17 Var%
Net Sales 45.64 45.58 0.13% 44.72 0.00 0.00 36.59 38.39 -4.69% 43.65 38.07 14.66%
Expenses 38.77 39.21 -1.12% 38.91 0.00 0.00 31.05 31.51 -1.46% 38.09 33.04 15.28%
EBITDA 6.87 6.38 7.68% 5.81 0.00 0.00 5.54 6.89 -19.59% 5.56 5.04 10.32%
EBIDTM 15.06% 13.99% 12.99% 0.00% 15.14% 17.94% 12.73% 13.23%
Other Income 0.48 1.18 -59.32% 4.66 0.00 0.00 0.32 -0.18 - 1.83 1.35 35.56%
Interest 0.37 0.63 -41.27% 0.18 0.00 0.00 0.64 0.96 -33.33% 0.60 0.87 -31.03%
Depreciation 0.75 0.57 31.58% 0.84 0.00 0.00 0.82 0.65 26.15% 0.80 0.60 33.33%
PBT 6.23 6.36 -2.04% 9.45 0.00 0.00 4.40 5.10 -13.73% 5.99 4.92 21.75%
Tax 0.95 1.57 -39.49% 0.98 0.00 0.00 1.23 1.16 6.03% 1.46 1.66 -12.05%
PAT 5.29 4.78 10.67% 8.47 0.00 0.00 3.16 3.94 -19.80% 4.53 3.26 38.96%
PATM 11.58% 10.49% 18.93% 0.00% 8.65% 10.26% 10.38% 8.56%
EPS 2.40 2.68 -10.45% 6.15 0.00 0.00 1.23 2.20 -44.09% 2.25 1.25 80.00%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description TTM Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12 Mar 11 Mar 09 Mar 08
Net Sales 49.64 43.63 40.94 42.59 41.30 35.46 28.84 25.94 25.04 18.07 14.60 Net Sales Growth 10.75% 6.57% -3.87% 3.12% 16.47% 22.95% 11.18% 3.59% 38.57% 23.77% Cost Of Goods Sold 28.99 26.37 23.26 25.93 28.01 25.01 19.55 17.23 17.96 14.33 11.09 Gross Profit 20.65 17.26 17.68 16.67 13.28 10.46 9.29 8.72 7.08 3.74 3.51 GP Margin 41.60% 39.56% 43.19% 39.14% 32.15% 29.50% 32.21% 33.62% 28.27% 20.70% 24.04% Total Expenditure 43.69 36.32 34.16 37.73 38.47 33.40 27.33 24.46 24.18 17.70 14.05 Power & Fuel Cost - 2.81 3.16 3.03 2.86 2.19 1.79 2.20 1.69 0.85 0.98 % Of Sales - 6.44% 7.72% 7.11% 6.92% 6.18% 6.21% 8.48% 6.75% 4.70% 6.71% Employee Cost - 2.55 2.71 2.89 2.33 2.29 2.08 1.82 1.57 0.75 0.81 % Of Sales - 5.84% 6.62% 6.79% 5.64% 6.46% 7.21% 7.02% 6.27% 4.15% 5.55% Manufacturing Exp. - 2.32 2.66 2.73 2.92 2.16 1.33 0.90 0.82 0.79 0.49 % Of Sales - 5.32% 6.50% 6.41% 7.07% 6.09% 4.61% 3.47% 3.27% 4.37% 3.36% General & Admin Exp. - 1.81 1.56 1.55 1.43 0.66 0.76 0.75 0.63 0.41 0.42 % Of Sales - 4.15% 3.81% 3.64% 3.46% 1.86% 2.64% 2.89% 2.52% 2.27% 2.88% Selling & Distn. Exp. - 0.38 0.75 1.44 0.77 0.96 0.13 0.11 0.04 0.56 0.26 % Of Sales - 0.87% 1.83% 3.38% 1.86% 2.71% 0.45% 0.42% 0.16% 3.10% 1.78% Miscellaneous Exp. - 0.08 0.07 0.17 0.13 0.13 1.69 1.45 1.46 0.00 0.26 % Of Sales - 0.18% 0.17% 0.40% 0.31% 0.37% 5.86% 5.59% 5.83% 0% 0% EBITDA 5.96 7.31 6.78 4.86 2.83 2.06 1.51 1.48 0.86 0.37 0.55 EBITDA Margin 12.01% 16.75% 16.56% 11.41% 6.85% 5.81% 5.24% 5.71% 3.43% 2.05% 3.77% Other Income 4.76 0.72 0.52 0.56 0.41 0.13 0.30 0.23 0.15 0.05 0.06 Interest 1.05 1.31 1.97 1.05 0.34 0.27 0.31 0.32 0.01 0.09 0.04 Depreciation 0.91 0.34 0.38 0.38 0.18 0.14 0.15 0.14 0.11 0.09 0.09 PBT 8.76 6.37 4.94 3.99 2.72 1.79 1.35 1.27 0.88 0.24 0.49 Tax -0.60 1.24 1.64 1.32 0.92 0.61 1.35 1.27 0.27 0.07 0.06 Tax Rate -6.85% 19.47% 33.20% 33.08% 33.82% 34.08% 100.00% 100.00% 30.68% 29.17% 12.24% PAT 9.37 5.13 3.30 2.67 1.81 1.18 0.00 0.00 0.61 0.17 0.43 PAT before Minority Interest 9.37 5.13 3.30 2.67 1.81 1.18 0.00 0.00 0.61 0.17 0.43 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 18.88% 11.76% 8.06% 6.27% 4.38% 3.33% 0% 0% 2.44% 0.94% 2.95% PAT Growth 61.83% 55.45% 23.60% 47.51% 53.39% 0.00 0.00 -100.00% 258.82% -60.47% Unadjusted EPS 7.01 13.60 9.65 7.80 5.28 3.51 0.00 0.00 2.00 0.97 6.07

Description TTM Mar 18 Mar 17 Mar 16 Mar 15
Net Sales 170.60 155.14 123.40 109.87 41.30 Net Sales Growth 39.79% 25.72% 12.31% 166.03% Cost Of Goods Sold 111.20 94.02 72.47 68.74 28.01 Gross Profit 59.40 61.11 50.93 41.13 13.28 GP Margin 34.82% 39.39% 41.27% 37.44% 32.15% Total Expenditure 146.82 131.04 105.04 99.48 38.47 Power & Fuel Cost - 5.58 5.49 5.79 2.86 % Of Sales - 3.60% 4.45% 5.27% 6.92% Employee Cost - 10.05 8.99 7.75 2.33 % Of Sales - 6.48% 7.29% 7.05% 5.64% Manufacturing Exp. - 12.20 8.38 7.52 2.92 % Of Sales - 7.86% 6.79% 6.84% 7.07% General & Admin Exp. - 7.11 6.17 5.11 1.43 % Of Sales - 4.58% 5.00% 4.65% 3.46% Selling & Distn. Exp. - 1.98 2.82 3.85 0.77 % Of Sales - 1.28% 2.29% 3.50% 1.86% Miscellaneous Exp. - 0.09 0.71 0.71 0.13 % Of Sales - 0.06% 0.58% 0.65% 0.31% EBITDA 23.78 24.10 18.36 10.39 2.83 EBITDA Margin 13.94% 15.53% 14.88% 9.46% 6.85% Other Income 7.29 2.60 0.83 1.26 0.41 Interest 1.79 4.02 5.58 4.68 0.34 Depreciation 3.21 2.40 2.30 2.27 0.18 PBT 26.07 20.27 11.30 4.70 2.72 Tax 4.62 5.02 2.84 1.55 0.92 Tax Rate 17.72% 24.77% 25.13% 32.98% 33.82% PAT 21.45 9.09 5.46 3.15 1.81 PAT before Minority Interest 15.82 15.25 8.46 3.15 1.81 Minority Interest -5.63 -6.16 -3.00 0.00 0.00 PAT Margin 12.57% 5.86% 4.42% 2.87% 4.38% PAT Growth 79.05% 66.48% 73.33% 74.03% Unadjusted EPS 12.03 24.06 15.98 9.21 5.28

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12 Mar 11 Mar 09 Mar 08
Shareholder's Funds 45.26 17.21 13.91 11.24 9.43 8.25 7.32 6.45 5.43 1.28 Share Capital 4.21 3.42 3.42 3.42 3.42 3.42 3.42 3.42 1.71 0.71 Total Reserves 41.05 13.79 10.49 7.82 6.01 4.83 3.90 3.03 3.72 0.57 Non-Current Liabilities 6.81 9.47 8.09 0.65 0.34 0.29 1.16 0.37 0.06 0.44 Secured Loans 6.42 9.11 7.76 0.24 0.00 0.00 0.02 0.00 0.01 0.04 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.04 0.00 0.37 Long Term Provisions 0.18 0.17 0.12 0.16 0.13 0.10 0.11 0.21 0.00 0.00 Current Liabilities 7.71 11.71 14.96 11.00 8.29 7.62 6.67 3.25 3.42 5.88 Trade Payables 4.74 4.82 9.81 9.64 7.05 6.02 3.40 2.73 2.74 5.18 Other Current Liabilities 1.49 4.97 2.64 0.27 0.30 0.99 0.94 0.14 0.27 0.38 Short Term Borrowings 0.00 0.00 0.90 0.00 0.00 0.02 1.82 0.02 0.00 0.00 Short Term Provisions 1.48 1.92 1.60 1.09 0.95 0.60 0.52 0.37 0.41 0.32 Total Liabilities 59.78 38.39 36.96 22.89 18.06 16.16 15.15 10.07 8.91 7.60 Net Block 15.01 8.44 8.24 6.96 6.37 6.60 6.50 2.09 1.55 1.55 Gross Block 20.19 13.28 12.70 11.05 10.28 10.25 10.00 5.45 4.70 4.62 Accumulated Depreciation 5.19 4.84 4.46 4.09 3.91 3.65 3.50 3.37 3.15 3.06 Non Current Assets 44.07 27.98 25.98 7.85 6.99 8.02 6.92 2.34 1.55 1.55 Capital Work in Progress 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Non Current Investment 26.71 17.65 16.16 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Loans & Adv. 2.02 1.51 1.32 0.89 0.62 0.57 0.42 0.26 0.00 0.00 Other Non Current Assets 0.33 0.38 0.27 0.00 0.00 0.85 0.01 0.00 0.00 0.00 Current Assets 14.59 9.51 10.08 14.13 10.19 8.15 8.23 7.73 7.34 6.04 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 2.60 1.37 0.97 0.42 0.53 1.73 1.97 0.89 1.40 2.16 Sundry Debtors 7.67 5.28 7.16 9.02 9.07 5.98 5.53 5.40 3.73 3.43 Cash & Bank 3.55 1.92 0.65 4.34 0.22 0.23 0.54 1.16 1.80 0.23 Other Current Assets 0.76 0.00 0.00 0.00 0.37 0.21 0.18 0.27 0.40 0.23 Short Term Loans & Adv. 0.76 0.93 1.30 0.36 0.36 0.18 0.16 0.18 0.39 0.22 Net Current Assets 6.87 -2.20 -4.88 3.13 1.90 0.52 1.56 4.48 3.92 0.17 Total Assets 59.78 38.40 36.96 22.88 18.06 16.17 15.15 10.07 8.90 7.59

Description Mar 18 Mar 17 Mar 16 Mar 15
Shareholder's Funds 47.67 10.79 14.39 11.24 Share Capital 4.21 3.42 3.42 3.42 Total Reserves 43.46 7.37 10.97 7.82 Non-Current Liabilities 8.54 13.43 12.96 0.65 Secured Loans 6.57 11.58 11.27 0.24 Unsecured Loans 0.00 0.00 0.00 0.00 Long Term Provisions 1.36 1.01 0.73 0.16 Current Liabilities 48.92 54.38 52.20 11.00 Trade Payables 25.84 26.64 27.85 9.64 Other Current Liabilities 3.06 10.27 6.56 0.27 Short Term Borrowings 14.24 14.09 15.66 0.00 Short Term Provisions 5.78 3.38 2.13 1.09 Total Liabilities 150.61 94.15 80.82 22.89 Net Block 40.34 27.49 27.34 6.96 Gross Block 65.98 50.94 48.49 26.15 Accumulated Depreciation 25.63 23.45 21.15 19.19 Non Current Assets 43.82 30.35 29.25 7.85 Capital Work in Progress 0.28 0.45 0.00 0.00 Non Current Investment 0.00 0.00 0.00 0.00 Long Term Loans & Adv. 2.59 2.03 1.64 0.89 Other Non Current Assets 0.61 0.38 0.27 0.00 Current Assets 105.57 62.89 50.67 14.13 Current Investments 0.07 0.07 0.02 0.00 Inventories 16.84 15.16 12.11 0.42 Sundry Debtors 46.09 30.97 23.26 9.02 Cash & Bank 26.21 4.88 3.36 4.34 Other Current Assets 16.36 2.19 2.18 0.03 Short Term Loans & Adv. 13.61 9.61 9.75 0.33 Net Current Assets 56.65 8.51 -1.53 3.13 Total Assets 150.61 94.15 80.82 22.88

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12 Mar 11 Mar 09 Mar 08
Cash From Operating Activity -0.80 4.50 6.21 3.81 -0.64 -3.00 6.31 -0.35 -1.92 0.06 PBT 6.37 4.94 2.67 1.81 1.79 1.35 1.27 0.68 0.17 0.43 Adjustment 1.39 1.99 2.29 1.05 0.30 0.18 0.88 0.02 0.17 0.11 Changes in Working Capital -7.01 -1.08 2.40 1.70 -2.24 -3.78 4.62 -0.90 -2.18 -0.44 Cash after chg. in Working capital 0.75 5.86 7.36 4.56 -0.15 -2.25 6.77 -0.20 -1.84 0.09 Interest Paid 0.00 0.00 0.00 0.00 0.00 -0.31 -0.16 0.00 -0.09 -0.03 Tax Paid -1.55 -1.36 -1.15 -0.75 -0.49 -0.44 -0.30 -0.15 0.00 0.00 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -17.21 -1.72 -17.26 -0.44 0.08 0.02 -4.33 -0.56 -0.08 -0.23 Net Fixed Assets -6.91 -0.58 -1.65 -0.77 -0.03 -0.25 -4.55 -0.75 -0.08 -0.24 Net Investments -9.06 -1.49 -16.16 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Others -1.24 0.35 0.55 0.33 0.11 0.27 0.22 0.19 0.00 0.01 Cash from Financing Activity 19.64 -1.51 7.37 0.75 0.24 2.67 -2.59 0.00 3.59 0.10 Net Cash Inflow / Outflow 1.63 1.27 -3.69 4.11 -0.32 -0.31 -0.62 -0.91 1.58 -0.07 Opening Cash & Equivalents 1.92 0.65 4.34 0.22 0.54 0.54 1.16 1.80 0.23 0.29 Closing Cash & Equivalent 3.55 1.92 0.65 4.34 0.22 0.23 0.54 1.16 1.80 0.23

Description Mar 18 Mar 17 Mar 16
Cash From Operating Activity -7.02 8.09 12.41 PBT 20.29 11.30 3.15 Adjustment 5.68 6.87 7.41 Changes in Working Capital -31.43 -8.72 3.00 Cash after chg. in Working capital -5.47 9.45 13.56 Interest Paid 0.00 0.00 0.00 Tax Paid -1.55 -1.36 -1.15 Other Direct Exp. Paid 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 Cash From Investing Activity -23.72 -4.01 -18.32 Net Fixed Assets -6.91 -0.58 Net Investments -9.06 -1.49 Others -7.75 -1.94 Cash from Financing Activity 52.06 -2.55 2.64 Net Cash Inflow / Outflow 21.33 1.52 -3.27 Opening Cash & Equivalents 4.88 3.36 6.63 Closing Cash & Equivalent 26.21 4.88 3.36

Financial Ratios

Standalone /

Consolidated

Right to Left

Description Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12 Mar 11 Mar 09 Mar 08
Book Value (Rs.) 41.96 19.07 15.21 12.09 10.01 9.65 8.57 7.55 6.33 3.60 ROA 10.46% 8.76% 8.92% 8.83% 6.89% 0.00% 0.00% 6.41% 2.01% 6.59% ROE 16.99% 22.52% 22.87% 19.13% 14.04% 0.00% 0.00% 10.25% 4.96% 39.41% ROCE 18.72% 25.44% 28.94% 31.79% 24.42% 19.11% 20.18% 15.00% 9.23% 36.10% Fixed Asset Turnover 2.69 3.54 4.04 4.35 3.88 2.85 3.36 5.44 4.33 3.77 Receivable days 52.43 49.31 61.63 71.12 68.91 72.84 76.92 60.34 64.81 65.74 Inventory Days 16.10 9.28 5.27 3.73 10.37 23.40 20.11 15.17 32.29 32.85 Payable days 49.48 79.73 96.86 81.50 73.17 70.03 48.17 46.16 82.96 110.66 Cash Conversion Cycle 19.05 -21.15 -29.96 -6.65 6.10 26.21 48.86 29.35 14.14 -12.07 Total Debt/Equity 0.17 0.86 0.85 0.04 0.00 0.00 0.25 0.01 0.00 0.32 Interest Cover 5.86 3.51 4.78 8.92 7.74 5.35 5.00 66.88 3.59 13.06

Description Mar 18 Mar 17 Mar 16 Mar 15
Book Value (Rs.) 44.15 11.56 15.78 12.09 ROA 12.46% 9.67% 6.07% 7.89% ROE 54.13% 72.40% 26.44% 17.48% ROCE 44.15% 39.50% 34.23% 28.55% Fixed Asset Turnover 2.68 2.59 3.09 1.77 Receivable days 89.81 77.00 51.11 70.92 Inventory Days 37.30 38.72 19.83 3.28 Payable days 74.50 98.24 71.60 94.15 Cash Conversion Cycle 52.61 17.48 -0.66 -19.94 Total Debt/Equity 0.48 3.19 2.27 0.04 Interest Cover 6.04 3.03 2.01 8.92

Top Investors:

kim ginnerup aps

Annual Reports:

News Update:

Shivalik Rasayan - Quarterly Results
14th Aug 2019, 16:27 PM

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Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

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