BSE:526821

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Dai-ichi Karkaria

Executive Summary

Dai-ichi Karkaria Limited, together with its subsidiary, manufactures and sells specialty chemicals in India and internationally.


Snowflake Analysis

Worrying balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Dai-ichi Karkaria's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 526821's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-4.4%

526821

5.1%

IN Chemicals

1.7%

IN Market


1 Year Return

-18.3%

526821

-5.3%

IN Chemicals

-24.0%

IN Market

Return vs Industry: 526821 underperformed the Indian Chemicals industry which returned -5.5% over the past year.

Return vs Market: 526821 exceeded the Indian Market which returned -23.7% over the past year.


Shareholder returns

526821IndustryMarket
7 Day-4.4%5.1%1.7%
30 Day-3.8%-3.1%-0.7%
90 Day-36.0%-15.7%-21.4%
1 Year-18.3%-18.3%-1.3%-5.3%-22.5%-24.0%
3 Year-54.7%-55.4%16.8%9.8%-12.2%-16.9%
5 Year-12.4%-15.0%91.7%75.2%6.6%-3.9%

Price Volatility Vs. Market

How volatile is Dai-ichi Karkaria's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Dai-ichi Karkaria undervalued compared to its fair value and its price relative to the market?

1.09x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 526821's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 526821's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 526821 is unprofitable, so we can't compare its PE Ratio to the Chemicals industry average.

PE vs Market: 526821 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 526821's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 526821 is overvalued based on its PB Ratio (1.1x) compared to the IN Chemicals industry average (0.9x).


Next Steps

Future Growth

How is Dai-ichi Karkaria forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.4%

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 Dai-ichi Karkaria 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.


Next Steps

Past Performance

How has Dai-ichi Karkaria performed over the past 5 years?

-56.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 526821 is currently unprofitable.

Growing Profit Margin: 526821 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 526821 is unprofitable, and losses have increased over the past 5 years at a rate of -56.3% per year.

Accelerating Growth: Unable to compare 526821's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 526821 is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (11.6%).


Return on Equity

High ROE: 526821 has a negative Return on Equity (-13.98%), as it is currently unprofitable.


Next Steps

Financial Health

How is Dai-ichi Karkaria's financial position?


Financial Position Analysis

Short Term Liabilities: 526821's short term assets (₹744.7M) do not cover its short term liabilities (₹786.5M).

Long Term Liabilities: 526821's short term assets (₹744.7M) exceed its long term liabilities (₹655.4M).


Debt to Equity History and Analysis

Debt Level: 526821's debt to equity ratio (65.6%) is considered high.

Reducing Debt: 526821's debt to equity ratio has increased from 1.1% to 65.6% over the past 5 years.

Debt Coverage: 526821's debt is not well covered by operating cash flow (7.7%).

Interest Coverage: Insufficient data to determine if 526821's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Dai-ichi Karkaria's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 526821's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 526821's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 526821's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 526821's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 526821 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 526821's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

4.8yrs

Average management tenure


CEO

Shernaz Vakil (68yo)

9.92yrs

Tenure

₹16,693,977

Compensation

Mrs. Shernaz Firoze Vakil has been Chairperson at Dai-Ichi Karkaria Limited since June 24, 2013 and its Managing Director since June 1, 2010. Mrs. Vakil served as Executive Vice Chairperson of Dai-Ichi Kar ...


CEO Compensation Analysis

Compensation vs Market: Shernaz's total compensation ($USD219.66K) is above average for companies of similar size in the Indian market ($USD50.17K).

Compensation vs Earnings: Shernaz's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Shernaz Vakil
Chairperson & MD9.92yrs₹16.69m51.61% 743.1m
Meher Vakil
Wholetime Director & COO1.08yrs₹7.95mno data
Kavita Thadeshwar
Compliance Officer & Company Secretaryno data₹3.02mno data
Shailesh Chauhan
Chief Financial Officer0.50yrno datano data

4.8yrs

Average Tenure

Experienced Management: 526821's management team is considered experienced (4.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Shernaz Vakil
Chairperson & MD9.92yrs₹16.69m51.61% 743.1m
Meher Vakil
Wholetime Director & COO1.08yrs₹7.95mno data
Keki Elavia
Independent & Non Executive Director9.25yrs₹330.00kno data
Anil Naik
Independent & Non Executive Directorno data₹320.00kno data
Adi Jehangir
Non-Executive Director34.25yrs₹210.00k0.0013% 19.3k
Kavas Patel
Independent & Non Executive Director19.08yrs₹320.00kno data
Behram Sorabji
Independent Director1yrno datano data

8.1yrs

Average Tenure

72yo

Average Age

Experienced Board: 526821's board of directors are considered experienced (8.1 years average tenure).


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

Dai-ichi Karkaria Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Dai-ichi Karkaria Limited
  • Ticker: 526821
  • Exchange: BSE
  • Founded: 1960
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: ₹1.440b
  • Shares outstanding: 7.45m
  • Website: https://www.dai-ichiindia.com

Number of Employees


Location

  • Dai-ichi Karkaria Limited
  • Liberty Building
  • 3rd Floor
  • Mumbai
  • Maharashtra
  • 400020
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
526821BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2001

Biography

Dai-ichi Karkaria Limited, together with its subsidiary, manufactures and sells specialty chemicals in India and internationally. It offers anionic and nonionic surfactants, and synthetic alcohol ethoxylate based phosphate ester for paints, coatings, and pigments applications; pour point depressants, demulsifiers, and imidazolines for oil field chemicals/petroleum industry; and additives and surfactants for industrial, and home and personal care applications. The company also provides surface-active products for use in formulating pesticides, insecticides, weedicides, and herbicides; and admixtures and surfactants for the construction industry; and fiber and fabric processing chemicals for wetting and scouring, mercerizing wetting, chelating and dispersing, peroxide stabilization, dyeing, and dye fixing and finishing applications. In addition, it offers polyacrylamide based paper and pulp processing chemicals for use in wet processing, and in sizing applications; nontoxic coagulants and polyacrylamide flocculants for potable water treatment applications; color precipitants and mud settling flocculants for sugar manufacturing industry; flocculants for mining, mineral processing, and metallurgy applications; and polyacrylamide based specialty chemicals for use in various end applications. Dai-ichi Karkaria Limited was incorporated in 1960 and is based in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/27 12:41
End of Day Share Price2020/05/27 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.