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Sudarshan Chemical IndustriesBSE:506655 Stock Report

Market Cap

₹42.3b

7D

-7.5%

1Y

30.1%

Updated

25 Oct, 2021

Data

Company Financials +
506655 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance5/6
Financial Health5/6
Dividends5/6

506655 Overview

Sudarshan Chemical Industries Limited, together with its subsidiaries, manufactures and sells organic, inorganic, effect pigments, and dispersions in India, the United States, Europe, China, Mexico, Japan, and internationally.

Sudarshan Chemical Industries Competitors

Atul

BSE:500027

₹270.4b

Aarti Industries

BSE:524208

₹362.5b

Vinati Organics

BSE:524200

₹199.8b

Fine Organic Industries

NSEI:FINEORG

₹98.1b

Price History & Performance

Summary of all time highs, changes and price drops for Sudarshan Chemical Industries
Historical stock prices
Current Share Price₹611.75
52 Week High₹431.05
52 Week Low₹791.95
Beta0.73
1 Month Change-8.61%
3 Month Change-18.35%
1 Year Change30.10%
3 Year Change57.02%
5 Year Change51.42%
Change since IPO2,138.11%

Recent News & Updates

Shareholder Returns

506655IN ChemicalsIN Market
7D-7.5%-10.1%-4.6%
1Y30.1%63.2%61.7%

Return vs Industry: 506655 underperformed the Indian Chemicals industry which returned 63.6% over the past year.

Return vs Market: 506655 underperformed the Indian Market which returned 61% over the past year.

Price Volatility

Is 506655's price volatile compared to industry and market?
506655 volatility
506655 Beta0.73
Industry Beta0.65
Market Beta1

Stable Share Price: 506655 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 506655's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19511,159Rajesh Rathihttps://www.sudarshan.com

Sudarshan Chemical Industries Limited, together with its subsidiaries, manufactures and sells organic, inorganic, effect pigments, and dispersions in India, the United States, Europe, China, Mexico, Japan, and internationally. It operates in two segments, Pigments and Others. The company offers its pigment products under the Sudaperm, Sudafast, Sudacolor, Sudadur, Sudafine, Sudatex, Sumica, Sumica NXR, Sumicos, and Prestige brands that are used in paints, plastics, inks, cosmetics, textile, and other applications.

Sudarshan Chemical Industries Fundamentals Summary

How do Sudarshan Chemical Industries's earnings and revenue compare to its market cap?
506655 fundamental statistics
Market Cap₹42.35b
Earnings (TTM)₹1.49b
Revenue (TTM)₹19.86b

28.4x

P/E Ratio

2.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
506655 income statement (TTM)
Revenue₹19.86b
Cost of Revenue₹11.47b
Gross Profit₹8.39b
Expenses₹6.90b
Earnings₹1.49b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Oct 28, 2021

Earnings per share (EPS)21.53
Gross Margin42.25%
Net Profit Margin7.51%
Debt/Equity Ratio83.5%

How did 506655 perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

28%

Payout Ratio

Valuation

Is Sudarshan Chemical Industries undervalued compared to its fair value and its price relative to the market?

28.41x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 506655 (₹611.75) is trading above our estimate of fair value (₹232.68)

Significantly Below Fair Value: 506655 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 506655 is poor value based on its PE Ratio (28.4x) compared to the Indian Chemicals industry average (18.6x).

PE vs Market: 506655 is poor value based on its PE Ratio (28.4x) compared to the Indian market (21.2x).


Price to Earnings Growth Ratio

PEG Ratio: 506655 is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: 506655 is overvalued based on its PB Ratio (5.7x) compared to the IN Chemicals industry average (2.3x).


Future Growth

How is Sudarshan Chemical Industries forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

26.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 506655's forecast earnings growth (26.6% per year) is above the savings rate (6.7%).

Earnings vs Market: 506655's earnings (26.6% per year) are forecast to grow faster than the Indian market (19.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 506655's revenue (15.2% per year) is forecast to grow faster than the Indian market (13.1% per year).

High Growth Revenue: 506655's revenue (15.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 506655's Return on Equity is forecast to be high in 3 years time (22.6%)


Past Performance

How has Sudarshan Chemical Industries performed over the past 5 years?

9.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 506655 has high quality earnings.

Growing Profit Margin: 506655's current net profit margins (7.5%) are higher than last year (7.3%).


Past Earnings Growth Analysis

Earnings Trend: 506655's earnings have grown by 9.9% per year over the past 5 years.

Accelerating Growth: 506655's earnings growth over the past year (24.2%) exceeds its 5-year average (9.9% per year).

Earnings vs Industry: 506655 earnings growth over the past year (24.2%) underperformed the Chemicals industry 45.2%.


Return on Equity

High ROE: 506655's Return on Equity (20%) is considered high.


Financial Health

How is Sudarshan Chemical Industries's financial position?


Financial Position Analysis

Short Term Liabilities: 506655's short term assets (₹10.3B) exceed its short term liabilities (₹8.6B).

Long Term Liabilities: 506655's short term assets (₹10.3B) exceed its long term liabilities (₹4.0B).


Debt to Equity History and Analysis

Debt Level: 506655's debt to equity ratio (83.5%) is considered high.

Reducing Debt: 506655's debt to equity ratio has reduced from 130.1% to 83.5% over the past 5 years.

Debt Coverage: 506655's debt is well covered by operating cash flow (26.6%).

Interest Coverage: 506655's interest payments on its debt are well covered by EBIT (13.5x coverage).


Balance Sheet


Dividend

What is Sudarshan Chemical Industries's current dividend yield, its reliability and sustainability?

0.98%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 506655's dividend (0.98%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).

High Dividend: 506655's dividend (0.98%) is low compared to the top 25% of dividend payers in the Indian market (1.41%).


Stability and Growth of Payments

Stable Dividend: 506655's dividends per share have been stable in the past 10 years.

Growing Dividend: 506655's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (27.7%), 506655's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 506655's dividends in 3 years are forecast to be well covered by earnings (22.4% payout ratio).


Next Steps

Management

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

3.2yrs

Average management tenure


CEO

Rajesh Rathi (52 yo)

3.33yrs

Tenure

₹63,447,381

Compensation

Mr. Rajesh Balakrishna Rathi has been Managing Director at Sudarshan Chemical Industries Limited since June 1, 2018 and served as its BR Head. Mr. Rathi served as the Vice President of Pigment Division at...


CEO Compensation Analysis

Compensation vs Market: Rajesh's total compensation ($USD845.57K) is above average for companies of similar size in the Indian market ($USD303.12K).

Compensation vs Earnings: Rajesh's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: 506655's management team is considered experienced (3.2 years average tenure).


Board Members

Experienced Board: 506655's board of directors are considered experienced (6.7 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: 506655 insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Sudarshan Chemical Industries Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Sudarshan Chemical Industries Limited
  • Ticker: 506655
  • Exchange: BSE
  • Founded: 1951
  • Industry: Diversified Chemicals
  • Sector: Materials
  • Market Cap: ₹42.350b
  • Shares outstanding: 69.23m
  • Website: https://www.sudarshan.com

Number of Employees


Location

  • Sudarshan Chemical Industries Limited
  • 162 Wellesley Road
  • Pune
  • Maharashtra
  • 411001
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:39
End of Day Share Price2021/10/25 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.