Nifty

:

16266.15

Sensex

:

54326.39

456.75 (2.89%)
1534.16 (2.91%)

Login

Nifty
Sensex

:
:

16266.15
54326.39

456.75 (2.89%)
1534.16 (2.91%)

Dharamsi Morarji Chemical Company Ltd.

Chemicals

Rating :

58/99

BSE: 506405 | NSE: DHARAMSI

Watchlist

NSE BSE

355.25

20-May-2022

Open
High
Low
Previous Close

344.05
360.00
343.60
342.00

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

13605
48.18
479.45
294.55

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

883.25
31.53
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

912.88
0.56%
4.71

Chart

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

Revenue CAGR (%)

10 Years
5 Years
3 Years

9.42
2.70
-4.19

EBITDA CAGR (%)

10 Years
5 Years
3 Years

32.92
3.65
-7.88

PAT CAGR (%)

10 Years
5 Years
3 Years

-
13.83
-10.95

P:E (Median)

8 Years
5 Years
3 Years

7.86
20.91
12.90

P:BV (Average)

8 Years
5 Years
3 Years

2.57
3.94
3.53

EV:EBITDA (Average)

8 Years
5 Years
3 Years

8.66
13.33
13.37

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Dec 21 Dec 20 Var% Sep 21 Sep 20 Var% Jun 21 Jun 20 Var% Mar 21 Mar 20 Var%
Net Sales 81.48 47.32 72.19% 72.53 49.77 45.73% 70.65 39.14 80.51% 63.87 46.54 37.24%
Expenses 70.01 39.29 78.19% 65.45 40.44 61.84% 59.65 31.40 89.97% 53.48 43.06 24.20%
EBITDA 11.47 8.03 42.84% 7.08 9.33 -24.12% 11.00 7.75 41.94% 10.39 3.48 198.56%
EBIDTM 14.08% 16.98% 9.76% 18.74% 15.57% 19.79% 16.27% 7.49%
Other Income 0.24 0.88 -72.73% 0.85 6.11 -86.09% 1.79 0.37 383.78% 0.38 5.54 -93.14%
Interest 0.83 0.87 -4.60% 0.73 0.73 0.00% 0.49 0.43 13.95% 0.37 0.40 -7.50%
Depreciation 1.83 1.71 7.02% 1.81 1.72 5.23% 1.79 1.63 9.82% 1.76 1.68 4.76%
PBT 9.05 6.34 42.74% 5.39 12.98 -58.47% 10.52 6.06 73.60% 8.64 6.95 24.32%
Tax 2.59 1.64 57.93% 1.73 1.30 33.08% 3.00 0.63 376.19% -2.11 0.12 -
PAT 6.46 4.70 37.45% 3.66 11.68 -68.66% 7.52 5.43 38.49% 10.75 6.83 57.39%
PATM 7.93% 9.92% 5.05% 23.48% 10.64% 13.88% 16.83% 14.67%
EPS 2.59 1.89 37.04% 1.47 4.69 -68.66% 3.02 2.18 38.53% 4.32 2.74 57.66%

Description Dec 21 Dec 20 Var% Sep 21 Sep 20 Var% Jun 21 Jun 20 Var% Mar 21 Mar 20 Var%
Net Sales 81.48 47.33 72.15% 72.53 49.77 45.73% 70.65 39.16 80.41% 63.89 46.54 37.28%
Expenses 70.05 39.29 78.29% 65.46 40.45 61.83% 59.66 31.42 89.88% 53.50 43.07 24.22%
EBITDA 11.44 8.04 42.29% 7.07 9.32 -24.14% 10.98 7.74 41.86% 10.39 3.47 199.42%
EBIDTM 14.03% 16.99% 9.75% 18.73% 15.55% 19.77% 16.26% 7.46%
Other Income 0.26 0.90 -71.11% 0.86 6.11 -85.92% 1.81 0.37 389.19% 0.40 5.54 -92.78%
Interest 0.83 0.87 -4.60% 0.73 0.73 0.00% 0.49 0.43 13.95% 0.37 0.40 -7.50%
Depreciation 1.83 1.71 7.02% 1.81 1.73 4.62% 1.79 1.64 9.15% 1.76 1.68 4.76%
PBT 9.03 6.36 41.98% 5.39 12.98 -58.47% 10.52 6.05 73.88% 8.65 6.94 24.64%
Tax 2.59 1.64 57.93% 1.73 1.30 33.08% 3.00 0.63 376.19% -2.10 0.12 -
PAT 6.44 4.72 36.44% 3.66 11.68 -68.66% 7.52 5.43 38.49% 10.76 6.82 57.77%
PATM 7.91% 9.97% 5.05% 23.46% 10.64% 13.85% 16.84% 14.66%
EPS 2.58 1.89 36.51% 1.47 4.68 -68.59% 3.01 2.18 38.07% 4.31 2.74 57.30%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description TTM Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12
Net Sales 288.53 200.10 187.65 227.47 177.85 175.12 107.60 120.06 101.31 85.59 81.33 Net Sales Growth 57.87% 6.63% -17.51% 27.90% 1.56% 62.75% -10.38% 18.51% 18.37% 5.24% Cost Of Goods Sold 164.80 90.02 89.46 113.65 103.00 100.58 53.57 71.36 56.76 54.25 55.69 Gross Profit 123.73 110.08 98.19 113.82 74.85 74.54 54.04 48.70 44.55 31.34 25.64 GP Margin 42.88% 55.01% 52.33% 50.04% 42.09% 42.57% 50.22% 40.56% 43.97% 36.62% 31.53% Total Expenditure 248.59 164.63 159.80 174.07 155.17 145.52 92.02 101.54 87.21 103.27 79.27 Power & Fuel Cost - 13.99 13.65 11.22 9.11 7.61 5.32 5.40 6.74 6.47 5.79 % Of Sales - 6.99% 7.27% 4.93% 5.12% 4.35% 4.94% 4.50% 6.65% 7.56% 7.12% Employee Cost - 16.51 16.67 12.76 14.32 12.90 7.84 6.35 6.55 5.54 5.63 % Of Sales - 8.25% 8.88% 5.61% 8.05% 7.37% 7.29% 5.29% 6.47% 6.47% 6.92% Manufacturing Exp. - 16.89 13.89 15.91 9.87 8.95 8.95 7.71 7.33 5.65 4.36 % Of Sales - 8.44% 7.40% 6.99% 5.55% 5.11% 8.32% 6.42% 7.24% 6.60% 5.36% General & Admin Exp. - 2.10 2.85 1.32 0.77 0.69 1.03 0.35 0.34 0.31 0.35 % Of Sales - 1.05% 1.52% 0.58% 0.43% 0.39% 0.96% 0.29% 0.34% 0.36% 0.43% Selling & Distn. Exp. - 9.31 6.56 5.74 4.91 4.03 3.58 5.44 5.05 3.75 2.92 % Of Sales - 4.65% 3.50% 2.52% 2.76% 2.30% 3.33% 4.53% 4.98% 4.38% 3.59% Miscellaneous Exp. - 15.82 16.73 13.47 13.18 10.76 11.74 4.94 4.46 27.29 2.92 % Of Sales - 7.91% 8.92% 5.92% 7.41% 6.14% 10.91% 4.11% 4.40% 31.88% 5.57% EBITDA 39.94 35.47 27.85 53.40 22.68 29.60 15.58 18.52 14.10 -17.68 2.06 EBITDA Margin 13.84% 17.73% 14.84% 23.48% 12.75% 16.90% 14.48% 15.43% 13.92% -20.66% 2.53% Other Income 3.26 7.77 6.23 0.98 1.06 0.57 0.98 1.17 1.69 58.54 1.24 Interest 2.42 2.40 2.03 2.77 3.97 5.02 1.16 1.85 2.38 2.51 2.42 Depreciation 7.19 6.82 6.16 4.51 4.19 3.72 2.26 2.44 3.47 5.10 4.86 PBT 33.60 34.02 25.89 47.10 15.58 21.44 13.15 15.41 9.93 33.25 -3.98 Tax 5.21 1.46 -5.60 1.05 3.32 4.42 1.17 0.00 0.00 0.00 0.00 Tax Rate 15.51% 4.29% -21.63% 2.23% 21.31% 20.62% 8.90% 0.00% 0.00% 0.00% 0.00% PAT 28.39 32.56 31.49 46.06 12.26 17.02 11.97 13.98 16.06 33.25 -3.98 PAT before Minority Interest 28.39 32.56 31.49 46.06 12.26 17.02 11.97 13.98 16.06 33.25 -3.98 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 9.84% 16.27% 16.78% 20.25% 6.89% 9.72% 11.12% 11.64% 15.85% 38.85% -4.89% PAT Growth -0.87% 3.40% -31.63% 275.69% -27.97% 42.19% -14.38% -12.95% -51.70% - EPS 11.40 13.08 12.65 18.50 4.92 6.84 4.81 5.61 6.45 13.35 -1.60

Description TTM Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Net Sales 288.55 200.15 187.66 227.58 178.21 175.23 Net Sales Growth 57.85% 6.66% -17.54% 27.70% 1.70% Cost Of Goods Sold 164.80 90.02 89.46 113.65 103.23 100.58 Gross Profit 123.75 110.13 98.21 113.93 74.98 74.64 GP Margin 42.89% 55.02% 52.33% 50.06% 42.07% 42.60% Total Expenditure 248.67 164.68 159.85 174.12 155.46 145.58 Power & Fuel Cost - 13.99 13.65 11.22 9.11 7.61 % Of Sales - 6.99% 7.27% 4.93% 5.11% 4.34% Employee Cost - 16.51 16.67 12.76 14.32 12.90 % Of Sales - 8.25% 8.88% 5.61% 8.04% 7.36% Manufacturing Exp. - 16.89 13.89 15.91 9.87 8.95 % Of Sales - 8.44% 7.40% 6.99% 5.54% 5.11% General & Admin Exp. - 2.10 2.85 1.32 0.77 0.69 % Of Sales - 1.05% 1.52% 0.58% 0.43% 0.39% Selling & Distn. Exp. - 9.31 6.56 5.74 4.91 4.03 % Of Sales - 4.65% 3.50% 2.52% 2.76% 2.30% Miscellaneous Exp. - 15.86 16.78 13.52 13.25 10.82 % Of Sales - 7.92% 8.94% 5.94% 7.44% 6.17% EBITDA 39.88 35.47 27.81 53.46 22.75 29.65 EBITDA Margin 13.82% 17.72% 14.82% 23.49% 12.77% 16.92% Other Income 3.33 7.80 6.23 1.05 1.06 0.57 Interest 2.42 2.40 2.03 2.77 3.97 5.02 Depreciation 7.19 6.83 6.16 4.51 4.20 3.72 PBT 33.59 34.04 25.85 47.22 15.64 21.47 Tax 5.22 1.46 -5.61 1.08 3.34 4.43 Tax Rate 15.54% 4.29% -21.70% 2.29% 21.36% 20.63% PAT 28.38 32.58 31.46 46.14 12.30 17.05 PAT before Minority Interest 28.38 32.58 31.46 46.14 12.30 17.05 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 9.84% 16.28% 16.76% 20.27% 6.90% 9.73% PAT Growth -0.94% 3.56% -31.82% 275.12% -27.86% EPS 11.40 13.08 12.63 18.53 4.94 6.85

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12
Shareholder's Funds 172.88 144.62 115.52 72.58 59.71 42.65 30.68 17.10 1.04 -32.21 Share Capital 24.94 24.94 24.94 24.94 24.94 30.06 30.06 30.06 30.06 30.06 Total Reserves 147.94 119.68 90.58 47.65 34.77 12.59 0.62 -12.96 -29.02 -62.27 Non-Current Liabilities 21.85 20.22 19.53 24.20 18.40 -8.71 0.16 17.41 38.67 57.57 Secured Loans 16.30 14.40 9.87 9.63 1.72 4.14 4.46 4.48 2.35 3.20 Unsecured Loans 2.85 2.94 6.55 11.20 14.55 11.29 19.39 22.39 23.32 24.32 Long Term Provisions 1.88 2.50 2.56 2.72 1.49 1.74 2.13 2.32 2.40 2.48 Current Liabilities 68.16 46.70 52.82 59.49 70.72 33.81 30.99 37.48 43.75 57.35 Trade Payables 28.57 16.69 24.56 32.26 35.65 16.84 14.85 18.05 18.54 35.40 Other Current Liabilities 31.30 29.08 25.45 26.74 22.93 15.34 15.03 18.46 24.14 20.88 Short Term Borrowings 7.90 0.47 2.17 0.00 10.24 0.00 0.00 0.00 0.00 0.00 Short Term Provisions 0.39 0.47 0.63 0.49 1.89 1.63 1.11 0.97 1.07 1.07 Total Liabilities 262.89 211.54 187.87 156.27 148.83 67.75 61.83 71.99 83.46 82.71 Net Block 108.16 101.51 98.60 87.46 83.34 25.54 24.44 25.62 34.45 45.82 Gross Block 129.52 127.52 118.61 102.96 94.92 107.31 103.98 104.04 138.56 178.01 Accumulated Depreciation 21.36 26.01 20.01 15.50 11.58 74.48 72.25 71.13 96.82 124.89 Non Current Assets 148.58 112.59 101.74 92.27 89.17 32.60 26.99 28.69 37.09 49.32 Capital Work in Progress 38.01 8.73 0.84 2.65 3.00 5.02 0.59 0.86 0.55 0.21 Non Current Investment 0.56 0.56 0.56 0.56 0.56 0.38 0.34 0.27 0.02 0.02 Long Term Loans & Adv. 1.85 1.79 1.74 1.61 2.27 1.66 1.62 1.93 2.08 3.27 Other Non Current Assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Current Assets 114.31 98.95 86.13 64.00 59.66 35.15 34.83 43.30 46.37 33.39 Current Investments 0.04 2.41 2.31 3.18 1.56 0.00 0.00 0.00 0.00 0.00 Inventories 37.32 27.68 24.90 20.71 16.51 15.25 12.03 8.14 6.21 6.40 Sundry Debtors 31.85 24.74 30.11 21.98 21.38 12.97 14.33 17.06 11.62 20.53 Cash & Bank 4.61 8.89 4.45 4.41 4.90 3.35 3.39 1.79 1.70 1.29 Other Current Assets 40.49 8.80 10.03 8.04 15.31 3.57 5.08 16.31 26.85 5.17 Short Term Loans & Adv. 31.90 26.43 14.33 5.69 9.44 0.12 0.04 0.00 0.00 0.00 Net Current Assets 46.15 52.25 33.31 4.51 -11.06 1.34 3.84 5.83 2.62 -23.96 Total Assets 262.89 211.54 187.87 156.27 148.83 67.75 61.82 71.99 83.46 82.71

Description Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Shareholder's Funds 173.18 144.88 115.78 72.77 59.84 Share Capital 24.94 24.94 24.94 24.94 24.94 Total Reserves 148.25 119.94 90.84 47.83 34.90 Non-Current Liabilities 21.85 20.22 19.53 24.20 18.40 Secured Loans 16.30 14.40 9.87 9.63 1.72 Unsecured Loans 2.85 2.94 6.55 11.20 14.55 Long Term Provisions 1.88 2.50 2.56 2.72 1.49 Current Liabilities 69.81 46.78 52.96 59.79 70.81 Trade Payables 29.08 16.75 24.66 32.55 35.73 Other Current Liabilities 31.30 29.09 25.49 26.75 22.95 Short Term Borrowings 7.90 0.47 2.17 0.00 10.24 Short Term Provisions 1.53 0.47 0.63 0.49 1.89 Total Liabilities 264.84 211.88 188.27 156.76 149.05 Net Block 108.27 101.53 98.66 87.53 83.42 Gross Block 129.69 127.59 118.72 103.07 95.05 Accumulated Depreciation 21.41 26.06 20.06 15.55 11.62 Non Current Assets 148.56 112.48 101.63 92.18 89.08 Capital Work in Progress 38.05 8.77 0.84 2.65 3.00 Non Current Investment 0.39 0.39 0.39 0.39 0.39 Long Term Loans & Adv. 1.85 1.79 1.74 1.61 2.27 Other Non Current Assets 0.00 0.00 0.00 0.00 0.00 Current Assets 116.29 99.40 86.65 64.59 59.96 Current Investments 0.04 2.41 2.31 3.18 1.56 Inventories 37.32 27.68 24.95 20.71 16.51 Sundry Debtors 32.29 24.74 30.11 22.20 21.38 Cash & Bank 4.97 9.32 4.90 4.76 5.19 Other Current Assets 41.66 8.82 10.05 8.06 15.32 Short Term Loans & Adv. 33.04 26.43 14.33 5.69 9.44 Net Current Assets 46.47 52.63 33.69 4.80 -10.84 Total Assets 264.85 211.88 188.28 156.77 149.04

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12
Cash From Operating Activity 32.23 27.04 20.80 18.34 28.95 17.14 22.00 12.72 -20.22 6.40 PBT 34.02 25.89 47.10 15.58 21.44 13.15 13.98 16.06 33.25 -3.98 Adjustment 8.89 8.96 6.87 8.34 8.61 3.19 4.31 -0.29 -28.41 6.81 Changes in Working Capital -7.24 -2.18 -23.70 -2.44 4.05 1.98 3.71 -3.05 -25.07 3.57 Cash after chg. in Working capital 35.67 32.67 30.27 21.48 34.10 18.31 22.00 12.72 -20.22 6.40 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -3.44 -5.64 -9.47 -3.14 -5.15 -1.17 0.00 0.00 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 -39.55 -16.84 -12.75 -9.18 -8.30 -7.59 -1.49 10.94 41.95 -1.97 Net Fixed Assets -31.28 -16.80 -13.84 -7.69 14.41 -7.76 0.33 34.21 39.11 -1.34 Net Investments 2.37 -0.10 0.87 -1.62 -1.74 -0.04 -0.07 -0.25 0.00 0.00 Others -10.64 0.06 0.22 0.13 -20.97 0.21 -1.75 -23.02 2.84 -0.63 Cash from Financing Activity 3.00 -5.68 -8.13 -9.07 -18.72 -9.58 -18.91 -23.57 -21.32 -5.09 Net Cash Inflow / Outflow -4.32 4.52 -0.08 0.09 1.93 -0.03 1.60 0.09 0.41 -0.66 Opening Cash & Equivalents 7.88 3.37 3.44 3.36 1.43 3.39 1.79 1.70 1.29 1.95 Closing Cash & Equivalent 3.56 7.88 3.37 3.44 3.36 3.35 3.39 1.79 1.70 1.29

Description Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Cash From Operating Activity 32.24 27.00 20.85 18.37 29.00 PBT 34.04 25.85 47.22 15.64 21.47 Adjustment 8.90 8.97 6.88 8.35 8.62 Changes in Working Capital -7.25 -2.20 -23.74 -2.47 4.06 Cash after chg. in Working capital 35.69 32.62 30.36 21.52 34.15 Interest Paid 0.00 0.00 0.00 0.00 0.00 Tax Paid -3.44 -5.63 -9.51 -3.16 -5.16 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -39.66 -16.84 -12.69 -9.18 -8.31 Net Fixed Assets -31.28 -16.80 -13.84 -7.69 Net Investments 2.37 -0.10 0.87 -1.62 Others -10.75 0.06 0.28 0.13 Cash from Financing Activity 3.02 -5.66 -8.13 -9.06 -18.72 Net Cash Inflow / Outflow -4.39 4.50 0.03 0.13 1.97 Opening Cash & Equivalents 8.31 3.82 3.79 3.65 1.69 Closing Cash & Equivalent 3.92 8.31 3.82 3.79 3.65

Financial Ratios

Standalone /

Consolidated

Right to Left

Description Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12
Book Value (Rs.) 69.32 57.99 46.32 29.10 23.94 15.92 10.29 3.90 -3.65 -19.29 ROA 13.73% 15.77% 26.77% 8.04% 15.72% 18.48% 20.90% 20.66% 40.02% -4.77% ROE 20.51% 24.21% 48.97% 18.53% 36.39% 42.97% 92.68% 5945.65% 0.00% 0.00% ROCE 19.32% 18.20% 42.53% 20.91% 35.19% 24.41% 30.92% 50.01% 298.11% 0.00% Fixed Asset Turnover 1.56 1.52 2.05 1.82 1.87 1.02 1.22 0.88 0.57 0.49 Receivable days 51.61 53.34 41.79 43.86 33.10 46.29 45.06 48.99 64.62 84.98 Inventory Days 59.29 51.14 36.59 37.65 30.61 46.28 28.97 24.52 25.34 29.36 Payable days 91.75 50.48 62.48 85.47 69.20 70.61 59.65 77.19 121.91 165.00 Cash Conversion Cycle 19.15 54.01 15.90 -3.96 -5.49 21.97 14.37 -3.68 -31.95 -50.66 Total Debt/Equity 0.20 0.17 0.19 0.34 0.50 0.42 0.84 1.69 25.73 -0.88 Interest Cover 15.18 13.75 18.00 4.93 5.27 12.33 8.57 7.74 14.27 -0.65

Description Mar 21 Mar 20 Mar 19 Mar 18 Mar 17
Book Value (Rs.) 69.44 58.09 46.43 29.18 23.99 ROA 13.67% 15.73% 26.74% 8.04% 11.44% ROE 20.49% 24.14% 48.94% 18.54% 28.49% ROCE 19.30% 18.15% 42.55% 20.93% 29.52% Fixed Asset Turnover 1.56 1.52 2.05 1.82 1.99 Receivable days 52.00 53.34 41.95 44.00 41.18 Inventory Days 59.27 51.18 36.61 37.58 31.81 Payable days 92.90 50.68 62.91 85.79 94.18 Cash Conversion Cycle 18.37 53.85 15.65 -4.21 -21.19 Total Debt/Equity 0.20 0.17 0.19 0.34 0.50 Interest Cover 15.18 13.73 18.04 4.94 5.27

Top Investors:

girish gulati huf

chetan jayantilal shah

jayantilal premji shah

kailash sahebrao katkar

Annual Reports:

News Update:

DharamsiMorarji Chem - Quarterly Results
11th Feb 2022, 15:12 PM

Read More

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.

Feedback