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5062

INEOS Styrolution India BSE:506222 Stock Report

Last Price

₹828.40

Market Cap

₹14.5b

7D

1.2%

1Y

-41.5%

Updated

12 Aug, 2022

Data

Company Financials
506222 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends5/6

506222 Stock Overview

INEOS Styrolution India Limited engages in the manufacture, trading, and sale of engineering thermoplastics in India and internationally.

INEOS Styrolution India Competitors

Price History & Performance

Summary of all time highs, changes and price drops for INEOS Styrolution India
Historical stock prices
Current Share Price₹828.40
52 Week High₹1,886.80
52 Week Low₹706.70
Beta0.81
1 Month Change-3.51%
3 Month Change12.43%
1 Year Change-41.54%
3 Year Change113.29%
5 Year Change-5.83%
Change since IPO1,034.80%

Recent News & Updates

Shareholder Returns

506222IN ChemicalsIN Market
7D1.2%1.0%1.1%
1Y-41.5%9.8%8.5%

Return vs Industry: 506222 underperformed the Indian Chemicals industry which returned 9.8% over the past year.

Return vs Market: 506222 underperformed the Indian Market which returned 8.5% over the past year.

Price Volatility

Is 506222's price volatile compared to industry and market?
506222 volatility
506222 Average Weekly Movement7.7%
Chemicals Industry Average Movement6.4%
Market Average Movement6.4%
10% most volatile stocks in IN Market9.1%
10% least volatile stocks in IN Market4.2%

Stable Share Price: 506222 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 506222's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1973479Sanjiv Vasudevahttps://www.ineosstyrolutionindia.com

INEOS Styrolution India Limited engages in the manufacture, trading, and sale of engineering thermoplastics in India and internationally. It operates in Specialties and Polystyrene segments. The company’s products include Absolac, a plastic resin that is used for manufacturing of home appliances, automobile interiors and exteriors, consumer durables, business machines, and office equipment; Absolan, a polymerized plastic resin, which is primarily used in lightings, stationeries, novelties, refrigerators, cosmetic packing, industrial goods, electrical appliances, cosmetic jars, and household applications; and Luran, an acrylonitrile styrene acrylate polymer that is used for automobile interiors and exteriors, PVC cap stocks, and household applications.

INEOS Styrolution India Fundamentals Summary

How do INEOS Styrolution India's earnings and revenue compare to its market cap?
506222 fundamental statistics
Market Cap₹14.50b
Earnings (TTM)₹3.23b
Revenue (TTM)₹23.74b

4.5x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
506222 income statement (TTM)
Revenue₹23.74b
Cost of Revenue₹15.73b
Gross Profit₹8.01b
Other Expenses₹4.78b
Earnings₹3.23b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)183.84
Gross Margin33.74%
Net Profit Margin13.62%
Debt/Equity Ratio6.1%

How did 506222 perform over the long term?

See historical performance and comparison

Dividends

12.7%

Current Dividend Yield

57%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 506222 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 506222?

Other financial metrics that can be useful for relative valuation.

506222 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.6x
Enterprise Value/EBITDA2.7x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 506222's PE Ratio compare to its peers?

506222 PE Ratio vs Peers
The above table shows the PE ratio for 506222 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average13.5x
506480 GOCL
8.4xn/a₹14.1b
522249 Mayur Uniquoters
19x33.2%₹20.8b
500136 Ester Industries
7.8xn/a₹11.4b
516072 Vishnu Chemicals
19.8xn/a₹19.6b
506222 INEOS Styrolution India
4.5xn/a₹14.5b

Price-To-Earnings vs Peers: 506222 is good value based on its Price-To-Earnings Ratio (4.5x) compared to the peer average (13.8x).


Price to Earnings Ratio vs Industry

How does 506222's PE Ratio compare vs other companies in the IN Chemicals Industry?

Price-To-Earnings vs Industry: 506222 is good value based on its Price-To-Earnings Ratio (4.5x) compared to the Indian Chemicals industry average (18.5x)


Price to Earnings Ratio vs Fair Ratio

What is 506222's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

506222 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio4.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 506222's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 506222 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 506222 (₹828.4) is trading below our estimate of fair value (₹3364.17)

Significantly Below Fair Value: 506222 is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is INEOS Styrolution India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


16.6%

Forecasted Materials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as INEOS Styrolution India has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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  • Examine whether INEOS Styrolution India is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • INEOS Styrolution India competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has INEOS Styrolution India performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


52.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 506222 has high quality earnings.

Growing Profit Margin: 506222's current net profit margins (13.6%) are lower than last year (19.6%).


Past Earnings Growth Analysis

Earnings Trend: 506222's earnings have grown significantly by 52% per year over the past 5 years.

Accelerating Growth: 506222's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 506222 had negative earnings growth (-16.3%) over the past year, making it difficult to compare to the Chemicals industry average (21.8%).


Return on Equity

High ROE: 506222's Return on Equity (37.7%) is considered high.


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Financial Health

How is INEOS Styrolution India's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 506222's short term assets (₹8.6B) exceed its short term liabilities (₹2.9B).

Long Term Liabilities: 506222's short term assets (₹8.6B) exceed its long term liabilities (₹845.8M).


Debt to Equity History and Analysis

Debt Level: 506222 has more cash than its total debt.

Reducing Debt: 506222's debt to equity ratio has reduced from 35.6% to 6.1% over the past 5 years.

Debt Coverage: 506222's debt is well covered by operating cash flow (681.9%).

Interest Coverage: 506222 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is INEOS Styrolution India current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


12.68%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 506222's dividend (12.68%) is higher than the bottom 25% of dividend payers in the Indian market (0.39%).

High Dividend: 506222's dividend (12.68%) is in the top 25% of dividend payers in the Indian market (1.72%)


Stability and Growth of Payments

Stable Dividend: 506222's dividend payments have been volatile in the past 10 years.

Growing Dividend: 506222's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (57.1%), 506222's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (54%), 506222's dividend payments are covered by cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?

3.8yrs

Average management tenure


CEO

Sanjiv Vasudeva (54 yo)

6yrs

Tenure

₹36,542,000

Compensation

Mr. Sanjiv Vasudeva has been the has been Chief Executive Officer of INEOS Styrolution India Limited since August 18, 2016. Mr. Vasudeva has been Managing Director and Director of INEOS Styrolution India L...


CEO Compensation Analysis

Compensation vs Market: Sanjiv's total compensation ($USD459.11K) is above average for companies of similar size in the Indian market ($USD194.77K).

Compensation vs Earnings: Sanjiv's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 506222's management team is considered experienced (3.8 years average tenure).


Board Members

Experienced Board: 506222's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

INEOS Styrolution India Limited's employee growth, exchange listings and data sources


Key Information

  • Name: INEOS Styrolution India Limited
  • Ticker: 506222
  • Exchange: BSE
  • Founded: 1973
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Implied Market Cap: ₹14.501b
  • Shares outstanding: 17.59m
  • Website: https://www.ineosstyrolutionindia.com

Number of Employees


Location

  • INEOS Styrolution India Limited
  • Ohm House-II
  • 5th Floor
  • Vadodara
  • Gujarat
  • 390023
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/12 00:00
End of Day Share Price2022/08/12 00:00
Earnings2022/06/30
Annual Earnings2022/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.