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Chromatic India

NSEI:CHROMATIC
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CHROMATIC
NSEI
₹63M
Market Cap
  1. Home
  2. IN
  3. Materials
Company description

Chromatic India Limited manufactures, trades in, and exports synthetic organic dyestuff and dyes intermediates primarily to textiles industries in India, Europe, Southeast Asia, and the United States. The last earnings update was 5 days ago. More info.


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CHROMATIC Share Price and Events
7 Day Returns
5.6%
NSEI:CHROMATIC
4.7%
IN Chemicals
4.9%
IN Market
1 Year Returns
-34.5%
NSEI:CHROMATIC
0.4%
IN Chemicals
0.8%
IN Market
CHROMATIC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Chromatic India (CHROMATIC) 5.6% -5% 5.6% -34.5% -70.3% -83.2%
IN Chemicals 4.7% -2.3% 9% 0.4% 57% 164%
IN Market 4.9% -1.6% 9.4% 0.8% 39.5% 45.6%
1 Year Return vs Industry and Market
  • CHROMATIC underperformed the Chemicals industry which returned 0.4% over the past year.
  • CHROMATIC underperformed the Market in India which returned 0.8% over the past year.
Price Volatility
CHROMATIC
Industry
5yr Volatility vs Market
Related Companies

CHROMATIC Value

 Is Chromatic India undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Chromatic India. This is due to cash flow or dividend data being unavailable. The share price is ₹0.95.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Chromatic India's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Chromatic India's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:CHROMATIC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in INR ₹-0.01
BSE:530191 Share Price ** BSE (2019-05-21) in INR ₹0.93
India Chemicals Industry PE Ratio Median Figure of 232 Publicly-Listed Chemicals Companies 14.9x
India Market PE Ratio Median Figure of 2,757 Publicly-Listed Companies 15.52x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Chromatic India.

NSEI:CHROMATIC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:530191 Share Price ÷ EPS (both in INR)

= 0.93 ÷ -0.01

-93x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chromatic India is loss making, we can't compare its value to the IN Chemicals industry average.
  • Chromatic India is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does Chromatic India's expected growth come at a high price?
Raw Data
NSEI:CHROMATIC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -93x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
India Chemicals Industry PEG Ratio Median Figure of 53 Publicly-Listed Chemicals Companies 1.31x
India Market PEG Ratio Median Figure of 561 Publicly-Listed Companies 1.3x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Chromatic India, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Chromatic India's assets?
Raw Data
NSEI:CHROMATIC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in INR ₹46.66
BSE:530191 Share Price * BSE (2019-05-21) in INR ₹0.93
India Chemicals Industry PB Ratio Median Figure of 268 Publicly-Listed Chemicals Companies 1.41x
India Market PB Ratio Median Figure of 3,638 Publicly-Listed Companies 1.05x
NSEI:CHROMATIC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:530191 Share Price ÷ Book Value per Share (both in INR)

= 0.93 ÷ 46.66

0.02x

* Primary Listing of Chromatic India.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Chromatic India is good value based on assets compared to the IN Chemicals industry average.
X
Value checks
We assess Chromatic India's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Chemicals industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Chemicals industry average (and greater than 0)? (1 check)
  5. Chromatic India has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CHROMATIC Future Performance

 How is Chromatic India expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Chromatic 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
18.6%
Expected Chemicals industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Chromatic India expected to grow at an attractive rate?
  • Unable to compare Chromatic India's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Chromatic India's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Chromatic India's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:CHROMATIC Future Growth Rates Data Sources
Data Point Source Value (per year)
India Chemicals Industry Earnings Growth Rate Market Cap Weighted Average 18.6%
India Chemicals Industry Revenue Growth Rate Market Cap Weighted Average 13.5%
India Market Earnings Growth Rate Market Cap Weighted Average 16.9%
India Market Revenue Growth Rate Market Cap Weighted Average 10.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:CHROMATIC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:CHROMATIC Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-03-31 81 -4
2018-03-31 430 3 -3
2017-03-31 357 13 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Chromatic India is high growth as no earnings estimate data is available.
  • Unable to determine if Chromatic India is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:CHROMATIC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Chromatic India Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:CHROMATIC Past Financials Data
Date (Data in INR Millions) EPS *
2019-03-31 -0.01
2018-03-31 -0.04
2017-03-31 0.00

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Chromatic India will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Chromatic India's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Chromatic India's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Chromatic India's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Chromatic India's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Chromatic India has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CHROMATIC Past Performance

  How has Chromatic India performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Chromatic India's growth in the last year to its industry (Chemicals).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Chromatic India does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Chromatic India's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Chromatic India's 1-year growth to the IN Chemicals industry average as it is not currently profitable.
Earnings and Revenue History
Chromatic India's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Chromatic India Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:CHROMATIC Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 81.24 -4.19 16.62
2018-03-31 430.25 -2.75 18.06
2017-03-31 357.28 0.01 14.16
2016-03-31 289.42 -1.11 16.13
2015-03-31 408.67 0.20 14.68
2014-03-31 274.05 -0.18 22.53
2013-03-31 925.01 1.82 24.32

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Chromatic India has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Chromatic India has efficiently used its assets last year compared to the IN Chemicals industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Chromatic India improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Chromatic India's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Chemicals industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Chromatic India has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CHROMATIC Health

 How is Chromatic India's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Chromatic India's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Chromatic India is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Chromatic India's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Chromatic India's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 22x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Chromatic India Company Filings, last reported 1 month ago.

NSEI:CHROMATIC Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31
2018-03-31 3,314.79 31.70 13.03
2017-03-31 3,311.30 40.79 18.74
2016-03-31 3,575.13 57.26 22.74
2015-03-31 3,441.40 65.39 20.46
2014-03-31 3,349.79 118.60 8.69
2013-03-31 3,133.93 89.72 18.76
  • Chromatic India's level of debt (1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (2.9% vs 1% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Chromatic India has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Chromatic India has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 41.2% per year.
X
Financial health checks
We assess Chromatic India's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Chromatic India has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CHROMATIC Dividends

 What is Chromatic India's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Chromatic India dividends.
If you bought ₹2,000 of Chromatic India shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Chromatic India's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Chromatic India's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:CHROMATIC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Chemicals Industry Average Dividend Yield Market Cap Weighted Average of 163 Stocks 1%
India Market Average Dividend Yield Market Cap Weighted Average of 1401 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:CHROMATIC Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2014-09-08 0.000 0.000
2013-08-14 0.020 0.415
2013-05-29 0.020 0.467
2012-09-05 0.050 0.159
2012-06-11 0.050 0.059
2012-01-18 0.000 0.000
2011-08-12 0.000 0.000
2010-08-24 0.500 0.661

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Chromatic India has not reported any payouts.
  • Unable to verify if Chromatic India's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Chromatic India's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Chromatic India has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Chromatic India's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Chromatic India afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Chromatic India has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CHROMATIC Management

 What is the CEO of Chromatic India's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Vinod Kaushik
COMPENSATION ₹1,182,000
AGE 69
TENURE AS CEO 10.1 years
CEO Bio

Mr. Vinod Kumar Kaushik has been a Whole-Time Director of Chromatic India Ltd. since April 1, 2009. Mr. Kaushik has about 40 years experience in the field of education. He postgraduated in mathematics.

CEO Compensation
  • Vinod's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Vinod's remuneration is about average for companies of similar size in India.
Management Team

Vinod Kaushik

TITLE
Whole-Time Director
COMPENSATION
₹1M
AGE
69
TENURE
10.1 yrs

Roshni Shah

TITLE
Company Secretary & Compliance Officer
TENURE
0.1 yrs
Board of Directors Tenure

Average tenure and age of the Chromatic India board of directors in years:

3.5
Average Tenure
56.5
Average Age
  • The tenure for the Chromatic India board of directors is about average.
Board of Directors

Vinod Kaushik

TITLE
Whole-Time Director
COMPENSATION
₹1M
AGE
69
TENURE
10.1 yrs

Mayank Kotadia

TITLE
Independent Non Executive Director
COMPENSATION
₹8K
AGE
45
TENURE
2.4 yrs

Diana Joshi

TITLE
Non Executive Independent Director
COMPENSATION
₹8K
AGE
31
TENURE
4.7 yrs

Siraj Shaikh

TITLE
Non Executive & Independent Director
AGE
68
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Chromatic India's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Chromatic India has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CHROMATIC News

Simply Wall St News

What Kind Of Risk Should You Expect For Chromatic India Limited (NSE:CHROMATIC)?

Generally, an investor should consider two types of risk that impact the market value of CHROMATIC. … The first risk to think about is company-specific, which can be diversified away by investing in other companies in order to lower your exposure to one particular stock. … The second risk is market-wide, which arises from investing in the stock market.

Simply Wall St -

Should You Be Holding Chromatic India Limited (NSE:CHROMATIC) Right Now?

If you are looking to invest in Chromatic India Limited’s (NSEI:CHROMATIC), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … With a beta of 1.01, Chromatic India is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … However, this is the opposite to what CHROMATIC’s actual beta value suggests, which is higher stock volatility relative to the market.

Simply Wall St -

Who Are Chromatic India Limited's (NSE:CHROMATIC) Major Shareholders?

In this article, I will take a quick look at Chromatic India Limited’s (NSEI:CHROMATIC) recent ownership structure – an unconventional investing subject, but an important one. … Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: With a low level of institutional ownership, investors in CHROMATIC need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

Simply Wall St -

Will Chromatic India Limited (NSE:CHROMATIC) Continue To Underperform Its Industry?

See our latest analysis for Chromatic India Peeling the layers of ROE – trisecting a company’s profitability Return on Equity (ROE) weighs Chromatic India’s profit against the level of its shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity ROE is measured against cost of equity in order to determine the efficiency of Chromatic India’s equity capital deployed. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity NSEI:CHROMATIC Last Perf Apr 28th 18 Essentially, profit margin shows how much money the company makes after paying for all its expenses.

Simply Wall St -

Chromatic India Limited (NSE:CHROMATIC): What Are Investors Earning On Their Capital?

To understand Chromatic India’s capital returns we will look at a useful metric called return on capital employed. … I have calculated Chromatic India’s ROCE for you below: ROCE Calculation for CHROMATIC Return on Capital Employed (ROCE) = Earnings Before Tax (EBT) ÷ (Capital Employed) Capital Employed = (Total Assets - Current Liabilities) ∴ ROCE = ₹370.88K ÷ (₹4.28B - ₹747.65M) = 0.011% CHROMATIC’s 0.011% ROCE means that for every ₹100 you invest, the company creates ₹0. … A good ROCE hurdle you should aim for in your investments is 15%, which CHROMATIC has missed by a wide margin, meaning the company creates a poor amount of earnings from capital employed.

Simply Wall St -

How Financially Strong Is Chromatic India Limited (NSE:CHROMATIC)?

With this reduction in debt, the current cash and short-term investment levels stands at ₹18.74M , ready to deploy into the business. … On top of this, CHROMATIC has produced ₹13.08M in operating cash flow in the last twelve months, resulting in an operating cash to total debt ratio of 32.06%, signalling that CHROMATIC’s operating cash is sufficient to cover its debt. … In CHROMATIC's, case, the ratio of 0.44x suggests that interest is not strongly covered, which means that lenders may be more reluctant to lend out more funding as CHROMATIC’s low interest coverage already puts the company at higher risk of default.Next Steps: CHROMATIC has demonstrated its ability to generate sufficient levels of cash flow, while its debt hovers at a safe level.

Simply Wall St -

What Kind Of Risk And Return Should You Expect For Chromatic India Limited (NSE:CHROMATIC)?

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … A market capitalisation of IN₨188.27M puts CHROMATIC in the category of small-cap stocks, which tends to possess higher beta than larger companies. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.

Simply Wall St -

Who Really Owns Chromatic India Limited (NSE:CHROMATIC)?

In this article, I'm going to take a look at Chromatic India Limited’s (NSEI:CHROMATIC) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … Private Company Ownership Another important group of owners for potential investors in CHROMATIC are private companies that hold a stake of 12.91% in CHROMATIC. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: Institutional ownership in CHROMATIC is not at a level that would concern investors.

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Chromatic India Limited (NSE:CHROMATIC) And The Basic Materials Industry Prospect For 2018

Chromatic India Limited (NSEI:CHROMATIC), a ₹190.40M small-cap, is a chemicals company operating in an industry which is sensitive to changes in the business cycle, as it supplies materials for construction activities. … View our latest analysis for Chromatic India What’s the catalyst for Chromatic India's sector growth? … The high growth prospect makes stocks such as Chromatic India a more appealing investment case, though the industry is trading relatively in-line with the rest of the wider market.

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Chromatic India Limited (NSE:CHROMATIC): Can It Deliver A Superior ROE To The Industry?

See our latest analysis for Chromatic India What you must know about ROE Firstly, Return on Equity, or ROE, is simply the percentage of last years’ earning against the book value of shareholders’ equity. … Since Chromatic India’s return does not cover its cost, with a difference of -13.40%, this means its current use of equity is not efficient and not sustainable. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity NSEI:CHROMATIC Last Perf Jan 22nd 18 Essentially, profit margin shows how much money the company makes after paying for all its expenses.

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CHROMATIC Company Info

Description

Chromatic India Limited manufactures, trades in, and exports synthetic organic dyestuff and dyes intermediates primarily to textiles industries in India, Europe, Southeast Asia, and the United States. The company offers reactive dyestuff based on vinyl sulphone and cyanuric chloride. It also trades in chemicals and building materials. Chromatic India Limited was founded in 1987 and is based in Mumbai, India.

Details
Name: Chromatic India Limited
CHROMATIC
Exchange: NSEI
Founded: 1987
₹63,231,029
71,046,100
Website: http://www.chromatic.in
Address: Chromatic India Limited
501, Maker Chamber V,
221, Nariman Point,
Mumbai,
Maharashtra, 400021,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 530191 Equity Shares Mumbai Stock Exchange IN INR 26. May 2005
NSEI CHROMATIC Equity Shares National Stock Exchange of India IN INR 26. May 2005
Number of employees
Current staff
Staff numbers
47
Chromatic India employees.
Industry
Specialty Chemicals
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/21 12:57
End of day share price update: 2019/05/21 00:00
Last earnings filing: 2019/05/16
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.