Financials Khaitan Chemicals and Fertilizers Limited

Equities

KHAICHEM

INE745B01028

Agricultural Chemicals

Delayed Bombay S.E. 12:24:18 2024-05-22 am EDT 5-day change 1st Jan Change
70.64 INR -0.17% Intraday chart for Khaitan Chemicals and Fertilizers Limited +1.07% +1.59%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 1,246 781.7 531.5 2,134 12,221 6,497
Enterprise Value (EV) 1 3,262 2,149 1,932 2,921 13,170 8,781
P/E ratio 75.9 x 9.95 x 3.54 x 8.59 x 15.4 x 15.4 x
Yield 0.39% 0.62% 3.65% 1.14% 0.24% 0.45%
Capitalization / Revenue 0.35 x 0.21 x 0.12 x 0.44 x 1.48 x 0.73 x
EV / Revenue 0.92 x 0.58 x 0.44 x 0.6 x 1.6 x 0.99 x
EV / EBITDA 8.48 x 4.96 x 4 x 4.89 x 10.4 x 11.1 x
EV / FCF 7.87 x 3.35 x -49.7 x 4.86 x -131 x -6.21 x
FCF Yield 12.7% 29.8% -2.01% 20.6% -0.76% -16.1%
Price to Book 0.96 x 0.57 x 0.35 x 1.22 x 4.84 x 2.21 x
Nbr of stocks (in thousands) 96,989 96,989 96,989 96,989 96,989 96,989
Reference price 2 12.85 8.060 5.480 22.00 126.0 66.99
Announcement Date 5/19/18 6/19/19 7/8/20 6/8/21 5/26/22 7/5/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 3,532 3,726 4,371 4,872 8,238 8,878
EBITDA 1 384.5 433.2 482.7 596.8 1,265 788.9
EBIT 1 299.2 348 407.3 524.4 1,203 717.5
Operating Margin 8.47% 9.34% 9.32% 10.76% 14.6% 8.08%
Earnings before Tax (EBT) 1 24.2 125.7 215.6 385.7 1,029 510.3
Net income 1 16.42 78.97 150.8 248.7 795 421.3
Net margin 0.46% 2.12% 3.45% 5.1% 9.65% 4.74%
EPS 2 0.1693 0.8100 1.550 2.560 8.196 4.343
Free Cash Flow 1 414.6 640.8 -38.85 600.5 -100.5 -1,413
FCF margin 11.74% 17.2% -0.89% 12.33% -1.22% -15.92%
FCF Conversion (EBITDA) 107.85% 147.9% - 100.62% - -
FCF Conversion (Net income) 2,524.8% 811.39% - 241.47% - -
Dividend per Share 2 0.0500 0.0500 0.2000 0.2500 0.3000 0.3000
Announcement Date 5/19/18 6/19/19 7/8/20 6/8/21 5/26/22 7/5/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 2,016 1,367 1,400 787 949 2,284
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 5.242 x 3.156 x 2.901 x 1.319 x 0.7505 x 2.895 x
Free Cash Flow 1 415 641 -38.8 600 -101 -1,413
ROE (net income / shareholders' equity) 1.27% 5.88% 10.4% 15.2% 37.6% 13.7%
ROA (Net income/ Total Assets) 4.51% 5.85% 6.86% 8.8% 16.3% 7.02%
Assets 1 363.8 1,350 2,198 2,826 4,890 6,002
Book Value Per Share 2 13.40 14.20 15.80 18.00 26.00 30.30
Cash Flow per Share 2 0.0300 0.0300 0.0400 0.0300 4.870 0.0200
Capex 1 30.2 30.1 14.1 47.1 148 327
Capex / Sales 0.85% 0.81% 0.32% 0.97% 1.79% 3.68%
Announcement Date 5/19/18 6/19/19 7/8/20 6/8/21 5/26/22 7/5/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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