Financials Sumitomo Chemical India Limited

Equities

SUMICHEM

INE258G01013

Agricultural Chemicals

End-of-day quote NSE India S.E. 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
401.3 INR -0.73% Intraday chart for Sumitomo Chemical India Limited -1.69% -0.68%

Valuation

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 92,192 145,102 223,867 212,686 200,307 - -
Enterprise Value (EV) 1 91,039 139,991 219,891 212,686 200,307 200,307 200,307
P/E ratio 45 x 42 x 52.8 x 42.4 x 58.9 x 41.7 x 34.2 x
Yield 0.3% 0.28% 0.22% 0.28% 0.25% 0.32% 0.34%
Capitalization / Revenue 3.8 x 5.49 x 7.3 x 6.06 x 7.05 x 5.93 x 5.11 x
EV / Revenue 3.8 x 5.49 x 7.3 x 6.06 x 7.05 x 5.93 x 5.11 x
EV / EBITDA 27.7 x 29.8 x 37.3 x 31.9 x 47.7 x 33 x 26.9 x
EV / FCF 50.3 x 38 x 207 x 78.9 x 40.8 x 63.3 x 43.1 x
FCF Yield 1.99% 2.63% 0.48% 1.27% 2.45% 1.58% 2.32%
Price to Book 7.55 x 9.41 x 11.6 x 8.93 x 7.51 x 6.52 x 5.62 x
Nbr of stocks (in thousands) 499,146 499,146 499,146 499,146 499,146 - -
Reference price 2 184.7 290.7 448.5 426.1 401.3 401.3 401.3
Announcement Date 6/5/20 5/28/21 5/27/22 5/18/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026
Net sales 1 24,247 26,449 30,646 35,110 28,417 33,786 39,231
EBITDA 1 3,332 4,869 5,999 6,666 4,198 6,078 7,438
EBIT 1 2,922 4,403 5,551 6,147 3,586 5,371 6,590
Operating Margin 12.05% 16.65% 18.11% 17.51% 12.62% 15.9% 16.8%
Earnings before Tax (EBT) 1 2,665 4,533 5,757 6,542 4,442 6,283 7,701
Net income 1 2,047 3,454 4,236 5,022 3,374 4,696 5,740
Net margin 8.44% 13.06% 13.82% 14.3% 11.87% 13.9% 14.63%
EPS 2 4.100 6.920 8.490 10.06 6.810 9.613 11.72
Free Cash Flow 1 1,834 3,822 1,083 2,695 4,910 3,164 4,650
FCF margin 7.56% 14.45% 3.53% 7.68% 17.28% 9.36% 11.85%
FCF Conversion (EBITDA) 55.04% 78.49% 18.05% 40.43% 116.97% 52.06% 62.51%
FCF Conversion (Net income) 89.6% 110.64% 25.56% 53.66% 145.54% 67.37% 81.01%
Dividend per Share 2 0.5500 0.8000 1.000 1.200 1.000 1.267 1.367
Announcement Date 6/5/20 5/28/21 5/27/22 5/18/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 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 5,609 5,343 7,820 9,104 7,072 6,651 9,855 11,217 7,537 6,516 7,242 10,687 6,025 6,396
EBITDA 1 780.2 713.3 1,498 2,147 1,265 1,089 1,876 2,780 1,204 805.7 806.3 2,302 947 914.3
EBIT - - - - - - - - - - - - 574 708.9
Operating Margin - - - - - - - - - - - - 9.53% 11.08%
Earnings before Tax (EBT) 1 709.2 - 1,423 - - 1,041 1,797 2,720 1,209 816.2 833 2,422 921 892
Net income 1 541.5 541 1,057 - - 746.6 1,381 2,015 904.8 721.3 616.8 1,815 659 754.2
Net margin 9.65% 10.13% 13.52% - - 11.23% 14.02% 17.96% 12.01% 11.07% 8.52% 16.98% 10.94% 11.79%
EPS - - - - - - - - - - - - 1.100 1.500
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 2/5/21 5/28/21 8/4/21 10/29/21 2/3/22 5/27/22 8/9/22 10/28/22 2/3/23 5/18/23 7/31/23 - - -
1INR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - -
Net Cash position 1,153 5,110 3,976 - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 1,834 3,822 1,083 2,695 4,910 3,164 4,650
ROE (net income / shareholders' equity) 18% 25% 24.4% 23.3% 13.2% 16.5% 17.5%
ROA (Net income/ Total Assets) 10.3% 14.5% 14.9% - - - -
Assets 1 19,831 23,881 28,408 - - - -
Book Value Per Share 2 24.50 30.90 38.60 47.70 53.40 61.60 71.40
Cash Flow per Share - 8.520 - - - - -
Capex 1 380 433 1,135 1,199 1,800 2,000 1,800
Capex / Sales 1.57% 1.64% 3.7% 3.41% 6.33% 5.92% 4.59%
Announcement Date 6/5/20 5/28/21 5/27/22 5/18/23 - - -
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
7
Last Close Price
401.3 INR
Average target price
427 INR
Spread / Average Target
+6.40%
Consensus

Quarterly revenue - Rate of surprise

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