Financials Sharda Cropchem Limited Bombay S.E.

Equities

SHARDACROP

INE221J01015

Agricultural Chemicals

Market Closed - Bombay S.E. 06:00:49 2024-04-26 am EDT 5-day change 1st Jan Change
379.2 INR +1.07% Intraday chart for Sharda Cropchem Limited +6.13% -16.31%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 33,377 9,681 25,875 55,486 44,181 34,207 - -
Enterprise Value (EV) 1 32,871 6,879 22,954 52,862 44,181 22,971 18,534 13,317
P/E ratio 18.9 x 5.88 x 11.3 x 15.9 x 12.9 x 176 x 13.1 x 10.7 x
Yield 1.08% 3.73% 1.74% 0.98% 1.23% 1.25% 1.42% 1.57%
Capitalization / Revenue 1.67 x 0.48 x 1.08 x 1.55 x 1.09 x 1 x 0.83 x 0.73 x
EV / Revenue 1.64 x 0.34 x 0.96 x 1.48 x 1.09 x 0.67 x 0.45 x 0.28 x
EV / EBITDA 10.1 x 2.44 x 7.21 x 7.74 x 6.87 x 5.81 x 2.83 x 1.65 x
EV / FCF 7.95 x -23.2 x 151 x 159 x 52.5 x 41.8 x 17.4 x 6.48 x
FCF Yield 12.6% -4.32% 0.66% 0.63% 1.91% 2.39% 5.76% 15.4%
Price to Book 2.6 x 0.69 x 1.6 x 2.9 x 1.98 x 1.57 x 1.41 x 1.28 x
Nbr of stocks (in thousands) 90,220 90,220 90,220 90,220 90,220 90,220 - -
Reference price 2 370.0 107.3 286.8 615.0 489.7 379.2 379.2 379.2
Announcement Date 5/14/19 6/24/20 5/26/21 5/13/22 5/12/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 20,011 20,030 23,956 35,798 40,452 34,159 41,367 46,748
EBITDA 1 3,249 2,818 3,185 6,829 6,431 3,955 6,540 8,062
EBIT 1 2,255 1,447 2,663 4,376 3,950 73 2,588 3,384
Operating Margin 11.27% 7.22% 11.12% 12.22% 9.76% 0.21% 6.25% 7.24%
Earnings before Tax (EBT) 1 2,350 1,849 3,095 4,642 4,307 2,710 4,228 5,080
Net income 1 1,763 1,647 2,292 3,493 3,420 339 2,610 3,263
Net margin 8.81% 8.22% 9.57% 9.76% 8.45% 0.99% 6.31% 6.98%
EPS 2 19.55 18.25 25.40 38.71 37.90 2.150 28.94 35.50
Free Cash Flow 1 4,133 -297 151.7 333.1 842 550 1,067 2,057
FCF margin 20.65% -1.48% 0.63% 0.93% 2.08% 1.61% 2.58% 4.4%
FCF Conversion (EBITDA) 127.21% - 4.76% 4.88% 13.09% 13.91% 16.32% 25.51%
FCF Conversion (Net income) 234.36% - 6.62% 9.54% 24.62% 162.24% 40.88% 63.03%
Dividend per Share 2 4.000 4.000 5.000 6.000 6.000 4.740 5.400 5.960
Announcement Date 5/14/19 6/24/20 5/26/21 5/13/22 5/12/23 - - -
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
Net sales 1 8,137 4,938 10,881 6,227 6,428 8,798 14,345 8,245 7,215 10,173 14,818 6,378 6,664 8,424 10,465
EBITDA 1 1,248 962.3 2,032 1,145 897.4 1,939 2,903 961.2 1,037 1,945 3,182 -592.6 488.2 885.5 1,464
EBIT - - - - - - - - - - - - - - -
Operating Margin - - - - - - - - - - - - - - -
Earnings before Tax (EBT) 1 - 776.2 1,669 664.7 415.1 1,358 2,205 176.4 145.4 - 2,551 -1,048 260 94 851
Net income 1 - 483.1 1,339 380.6 320.2 1,022 1,770 226.4 120.9 1,084 1,988 -886.4 169.3 338.8 681
Net margin - 9.78% 12.31% 6.11% 4.98% 11.62% 12.34% 2.75% 1.68% 10.65% 13.42% -13.9% 2.54% 4.02% 6.51%
EPS - 5.350 14.84 4.220 3.550 11.33 - - - - - - 1.300 - -
Dividend per Share - - - - - - - - - - - - - - -
Announcement Date 10/28/20 1/25/21 5/26/21 7/27/21 10/26/21 1/22/22 5/13/22 7/25/22 10/21/22 1/24/23 5/12/23 7/24/23 - - -
1INR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 506 2,802 2,922 2,624 - 11,236 15,673 20,890
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 4,133 -297 152 333 842 550 1,067 2,057
ROE (net income / shareholders' equity) 14.6% 12.3% 15.2% 19.8% 16.5% 4.35% 11.3% 12.3%
ROA (Net income/ Total Assets) 7.96% 7.24% - - - - - -
Assets 1 22,148 22,753 - - - - - -
Book Value Per Share 2 142.0 155.0 179.0 212.0 247.0 242.0 270.0 296.0
Cash Flow per Share - - - - - - - -
Capex 1 1,430 1,760 2,335 2,338 2,441 3,737 3,979 4,000
Capex / Sales 7.15% 8.79% 9.75% 6.53% 6.03% 10.94% 9.62% 8.56%
Announcement Date 5/14/19 6/24/20 5/26/21 5/13/22 5/12/23 - - -
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
D+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
379.2 INR
Average target price
442 INR
Spread / Average Target
+16.58%
Consensus