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5900

Southern Petrochemical IndustriesBSE:590030 Stock Report

Market Cap

₹9.9b

7D

-7.0%

1Y

168.0%

Updated

22 Oct, 2021

Data

Company Financials
590030 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
Financial Health5/6
Dividends0/6

590030 Overview

Southern Petrochemical Industries Corporation Limited manufactures and sells fertilizers in India and internationally.

Southern Petrochemical Industries Competitors

Rio Tinto Group

LSE:RIO

UK£77.1b

Glencore

LSE:GLEN

UK£48.5b

Aluminum Corporation of China

SEHK:2600

HK$128.6b

United Company RUSAL International

SEHK:486

HK$126.7b

Price History & Performance

Summary of all time highs, changes and price drops for Southern Petrochemical Industries
Historical stock prices
Current Share Price₹48.10
52 Week High₹16.55
52 Week Low₹68.45
Beta1.16
1 Month Change-10.76%
3 Month Change-20.89%
1 Year Change167.97%
3 Year Change94.74%
5 Year Change90.87%
Change since IPO-46.56%

Recent News & Updates

Shareholder Returns

590030IN ChemicalsIN Market
7D-7.0%-7.2%-2.4%
1Y168.0%67.0%62.6%

Return vs Industry: 590030 exceeded the Indian Chemicals industry which returned 67% over the past year.

Return vs Market: 590030 exceeded the Indian Market which returned 62.6% over the past year.

Price Volatility

Is 590030's price volatile compared to industry and market?
590030 volatility
590030 Beta1.16
Industry Beta0.65
Market Beta1

Stable Share Price: 590030 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 590030's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1969636Silaipillayarputhur Ramakrishnanhttps://www.spic.in

Southern Petrochemical Industries Corporation Limited manufactures and sells fertilizers in India and internationally. The company operates through Agro inputs - Urea Operations and Others - Agri Business segments. It provides chemical fertilizers, such as urea, di-ammonium phosphate, ammonium phosphate sulphate, super phosphate, and ammonium chloride; secondary nutrients, water soluble fertilizers, organic and organic liquid fertilizers, micro nutrients, and bio pesticides and fertilizers; and industrial products, including gypsum, aluminum fluoride, and silica.

Southern Petrochemical Industries Fundamentals Summary

How do Southern Petrochemical Industries's earnings and revenue compare to its market cap?
590030 fundamental statistics
Market Cap₹9.92b
Earnings (TTM)₹1.06b
Revenue (TTM)₹17.06b

9.2x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
590030 income statement (TTM)
Revenue₹17.06b
Cost of Revenue₹13.20b
Gross Profit₹3.86b
Expenses₹2.80b
Earnings₹1.06b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)5.21
Gross Margin22.62%
Net Profit Margin6.22%
Debt/Equity Ratio23.0%

How did 590030 perform over the long term?

See historical performance and comparison

Valuation

Is Southern Petrochemical Industries undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 590030 (₹48.1) is trading below our estimate of fair value (₹224.85)

Significantly Below Fair Value: 590030 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 590030 is good value based on its PE Ratio (9.2x) compared to the Indian Chemicals industry average (19.2x).

PE vs Market: 590030 is good value based on its PE Ratio (9.2x) compared to the Indian market (21.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 590030's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 590030 is good value based on its PB Ratio (1.9x) compared to the IN Chemicals industry average (2.3x).


Future Growth

How is Southern Petrochemical Industries forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.9%

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 Southern Petrochemical Industries 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.


Past Performance

How has Southern Petrochemical Industries performed over the past 5 years?

16.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 590030 has a large one-off gain of ₹216.0M impacting its June 30 2021 financial results.

Growing Profit Margin: 590030's current net profit margins (6.2%) are higher than last year (2.9%).


Past Earnings Growth Analysis

Earnings Trend: 590030's earnings have grown by 16.9% per year over the past 5 years.

Accelerating Growth: 590030's earnings growth over the past year (94.5%) exceeds its 5-year average (16.9% per year).

Earnings vs Industry: 590030 earnings growth over the past year (94.5%) exceeded the Chemicals industry 44.3%.


Return on Equity

High ROE: 590030's Return on Equity (20.6%) is considered high.


Financial Health

How is Southern Petrochemical Industries's financial position?


Financial Position Analysis

Short Term Liabilities: 590030's short term assets (₹8.8B) do not cover its short term liabilities (₹11.6B).

Long Term Liabilities: 590030's short term assets (₹8.8B) exceed its long term liabilities (₹321.2M).


Debt to Equity History and Analysis

Debt Level: 590030's debt to equity ratio (23%) is considered satisfactory.

Reducing Debt: 590030's debt to equity ratio has reduced from 81.9% to 23% over the past 5 years.

Debt Coverage: 590030's debt is well covered by operating cash flow (283%).

Interest Coverage: 590030's interest payments on its debt are well covered by EBIT (4.2x coverage).


Balance Sheet


Dividend

What is Southern Petrochemical Industries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 590030's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 590030'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 590030's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 590030's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 590030'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?

3.7yrs

Average board tenure


CEO

Silaipillayarputhur Ramakrishnan (71 yo)

no data

Tenure

₹7,146,000

Compensation

Mr. Silaipillayarputhur Ramachandran Ramakrishnan has been a Whole-Time Director at Southern Petrochemical Industries Corporation Limited since July 30, 2014. He joined Southern Petrochemical Industries Co...


CEO Compensation Analysis

Compensation vs Market: Silaipillayarputhur's total compensation ($USD95.48K) is above average for companies of similar size in the Indian market ($USD38.95K).

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


Board Members

Experienced Board: 590030's board of directors are considered experienced (3.7 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Southern Petrochemical Industries Corporation Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Southern Petrochemical Industries Corporation Limited
  • Ticker: 590030
  • Exchange: BSE
  • Founded: 1969
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Market Cap: ₹9.917b
  • Shares outstanding: 203.64m
  • Website: https://www.spic.in

Number of Employees


Location

  • Southern Petrochemical Industries Corporation Limited
  • SPIC House
  • 88 Mount Road
  • Chennai
  • Tamil Nadu
  • 600032
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 15:32
End of Day Share Price2021/10/22 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.