The Dharamsi Morarji Chemical Company Limited, together with its subsidiary, manufactures and sells specialty and commodity chemicals in India and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹406.40|
|52 Week High||₹129.10|
|52 Week Low||₹434.35|
|1 Month Change||19.53%|
|3 Month Change||10.48%|
|1 Year Change||194.49%|
|3 Year Change||167.81%|
|5 Year Change||305.18%|
|Change since IPO||1,170.00%|
Recent News & Updates
|506405||IN Chemicals||IN Market|
Return vs Industry: 506405 exceeded the Indian Chemicals industry which returned 81.9% over the past year.
Return vs Market: 506405 exceeded the Indian Market which returned 68.3% over the past year.
Stable Share Price: 506405 is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 506405's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.
About the Company
The Dharamsi Morarji Chemical Company Limited, together with its subsidiary, manufactures and sells specialty and commodity chemicals in India and internationally. The company offers base, boron, functional, and life science chemicals. Its products are used in various applications in agro, construction, cosmetic, detergent, dye, electroplating, emulsion, fertilizer, fire retardant, ink, paper, pharmaceutical intermediate, pigment, polymer, textile processing, thermal paper coating, and water treatment markets.
Dharamsi Morarji Chemical Fundamentals Summary
|506405 fundamental statistics|
Is 506405 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|506405 income statement (TTM)|
|Cost of Revenue||₹1.44b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||13.90|
|Net Profit Margin||14.97%|
How did 506405 perform over the long term?See historical performance and comparison
0.5%Current Dividend Yield
Is Dharamsi Morarji Chemical undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 506405 (₹406.4) is trading above our estimate of fair value (₹61.03)
Significantly Below Fair Value: 506405 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 506405 is poor value based on its PE Ratio (29.2x) compared to the Indian Chemicals industry average (20x).
PE vs Market: 506405 is poor value based on its PE Ratio (29.2x) compared to the Indian market (22.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 506405's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 506405 is overvalued based on its PB Ratio (5.9x) compared to the IN Chemicals industry average (2.4x).
How is Dharamsi Morarji Chemical forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Dharamsi Morarji Chemical 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.
How has Dharamsi Morarji Chemical performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 506405 has high quality earnings.
Growing Profit Margin: 506405's current net profit margins (15%) are lower than last year (17.3%).
Past Earnings Growth Analysis
Earnings Trend: 506405's earnings have grown by 18.3% per year over the past 5 years.
Accelerating Growth: 506405's earnings growth over the past year (17.4%) is below its 5-year average (18.3% per year).
Earnings vs Industry: 506405 earnings growth over the past year (17.4%) underperformed the Chemicals industry 44.3%.
Return on Equity
High ROE: 506405's Return on Equity (20%) is considered high.
How is Dharamsi Morarji Chemical's financial position?
Financial Position Analysis
Short Term Liabilities: 506405's short term assets (₹1.2B) exceed its short term liabilities (₹686.7M).
Long Term Liabilities: 506405's short term assets (₹1.2B) exceed its long term liabilities (₹218.5M).
Debt to Equity History and Analysis
Debt Level: 506405's debt to equity ratio (15.9%) is considered satisfactory.
Reducing Debt: 506405's debt to equity ratio has reduced from 32.1% to 15.9% over the past 5 years.
Debt Coverage: 506405's debt is well covered by operating cash flow (117.1%).
Interest Coverage: 506405's interest payments on its debt are well covered by EBIT (16.6x coverage).
What is Dharamsi Morarji Chemical current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 506405's dividend (0.49%) is higher than the bottom 25% of dividend payers in the Indian market (0.33%).
High Dividend: 506405's dividend (0.49%) is low compared to the top 25% of dividend payers in the Indian market (1.35%).
Stability and Growth of Payments
Stable Dividend: 506405 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 506405's dividend payments have increased, but the company has only paid a dividend for 3 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (14.4%), 506405's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bimal Goculdas (53 yo)
Mr. Bimal Lalitsingh Goculdas has been the Chief Executive Officer of Dharamsi Morarji Chemical Company Limited since April 1, 2009 and served as its Manager until 2018. Mr. Goculdas serves as Managing Dir...
CEO Compensation Analysis
Compensation vs Market: Bimal's total compensation ($USD193.06K) is above average for companies of similar size in the Indian market ($USD38.75K).
Compensation vs Earnings: Bimal's compensation has been consistent with company performance over the past year.
Experienced Management: 506405's management team is considered experienced (2.5 years average tenure).
Experienced Board: 506405's board of directors are considered experienced (3.7 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The Dharamsi Morarji Chemical Company Limited's employee growth, exchange listings and data sources
- Name: The Dharamsi Morarji Chemical Company Limited
- Ticker: 506405
- Exchange: BSE
- Founded: 1919
- Industry: Diversified Chemicals
- Sector: Materials
- Market Cap: ₹10.136b
- Shares outstanding: 24.94m
- Website: https://www.dmcc.com
Number of Employees
- The Dharamsi Morarji Chemical Company Limited
- Prospect Chambers
- 317/321, Dr. Dadabhoy Naoroji Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/16 12:02|
|End of Day Share Price||2021/10/14 00:00|
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.