Financials Resonance Specialties Limited

Equities

RESONANCE6

INE486D01017

Specialty Chemicals

Market Closed - Bombay S.E. 06:00:55 2024-05-27 am EDT 5-day change 1st Jan Change
98.9 INR -3.61% Intraday chart for Resonance Specialties Limited -5.54% -11.57%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 326.7 234.3 291.5 1,448 2,036 895.2
Enterprise Value (EV) 1 360.7 224.4 272.2 1,395 1,956 878.9
P/E ratio -42.5 x 7.31 x 5.29 x 13.8 x 16.5 x 17.9 x
Yield - - 3.96% 0.8% 0.57% 1.29%
Capitalization / Revenue 0.89 x 0.55 x 0.51 x 2.04 x 2.69 x 1.52 x
EV / Revenue 0.98 x 0.53 x 0.47 x 1.97 x 2.58 x 1.49 x
EV / EBITDA 25.8 x 3.8 x 3 x 9.47 x 11.8 x 13.1 x
EV / FCF 59.7 x 6.02 x 16.1 x 92.1 x 201 x -12.5 x
FCF Yield 1.67% 16.6% 6.2% 1.09% 0.5% -7.97%
Price to Book 1.4 x 0.89 x 0.95 x 3.56 x 3.93 x 1.61 x
Nbr of stocks (in thousands) 11,544 11,544 11,544 11,544 11,544 11,544
Reference price 2 28.30 20.30 25.25 125.4 176.4 77.55
Announcement Date 5/30/18 9/3/19 8/24/20 8/2/21 7/16/22 7/8/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 367.1 426.3 575.2 709 757.6 588.1
EBITDA 1 13.99 58.97 90.86 147.4 166 67.03
EBIT 1 2.523 49.9 81.69 138.8 150 53.46
Operating Margin 0.69% 11.71% 14.2% 19.57% 19.8% 9.09%
Earnings before Tax (EBT) 1 0.3384 47.58 69.21 145.6 162.9 68.51
Net income 1 -7.681 32.05 55.08 105.2 123.6 50.01
Net margin -2.09% 7.52% 9.58% 14.84% 16.32% 8.5%
EPS 2 -0.6654 2.776 4.771 9.117 10.71 4.332
Free Cash Flow 1 6.04 37.29 16.88 15.16 9.706 -70.08
FCF margin 1.65% 8.75% 2.93% 2.14% 1.28% -11.92%
FCF Conversion (EBITDA) 43.19% 63.23% 18.58% 10.28% 5.85% -
FCF Conversion (Net income) - 116.35% 30.65% 14.4% 7.85% -
Dividend per Share - - 1.000 1.000 1.000 1.000
Announcement Date 5/30/18 9/3/19 8/24/20 8/2/21 7/16/22 7/8/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 34 - - - - -
Net Cash position 1 - 9.98 19.2 52.3 80.2 16.4
Leverage (Debt/EBITDA) 2.428 x - - - - -
Free Cash Flow 1 6.04 37.3 16.9 15.2 9.71 -70.1
ROE (net income / shareholders' equity) -3.25% 12.9% 19.3% 29.6% 26.7% 9.31%
ROA (Net income/ Total Assets) 0.41% 8.32% 12.8% 18.1% 16.8% 5.45%
Assets 1 -1,867 385.4 430.8 580.9 734.4 917.3
Book Value Per Share 2 20.20 22.90 26.40 35.20 44.90 48.20
Cash Flow per Share 2 0.0100 0.8700 1.670 4.500 1.960 0.6200
Capex 1 11.6 6.36 19.7 8.46 6.14 76
Capex / Sales 3.15% 1.49% 3.42% 1.19% 0.81% 12.93%
Announcement Date 5/30/18 9/3/19 8/24/20 8/2/21 7/16/22 7/8/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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