Chemfab Alkalis
Chemfab Alkalis
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Key Insights
Weaknesses
4- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 11.5% over past five years.
- Company has a low return on equity of 1.02% over last 3 years.
- Earnings include an other income of Rs.9.41 Cr.
Growth Rate
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 79.08 | 79.58 | 86.33 | 82.31 | 76.53 | 81.9 | 83.62 | 92.32 | 91.54 | 76.56 | 68.14 | 74.78 | 73.16 |
| Expenses | 63.59 | 68.7 | 71.13 | 69.98 | 68.2 | 71.75 | 71.71 | 78.98 | 80.24 | 71.1 | 66.21 | 66.26 | 63.03 |
| Operating Profit | 15.49 | 10.88 | 15.2 | 12.33 | 8.33 | 10.15 | 11.91 | 13.34 | 11.3 | 5.46 | 1.93 | 8.52 | 10.13 |
| OPM % | 19.59% | 13.67% | 17.61% | 14.98% | 10.88% | 12.39% | 14.24% | 14.45% | 12.34% | 7.13% | 2.83% | 11.39% | 13.85% |
| Other Income | 3.68 | 1.46 | 1.51 | 1.9 | 2.59 | 0.6 | 2.55 | -8.51 | 1.36 | 1.76 | 2.77 | 2.8 | 2.08 |
| Interest | 0.05 | 0.06 | 0.43 | 0.41 | 0.94 | 1.22 | 1.2 | 1.57 | 1.57 | 1.94 | 2.03 | 2.14 | 2.21 |
| Depreciation | 5.42 | 5.62 | 5.45 | 5.86 | 7.31 | 8.8 | 9.62 | 10.61 | 6.39 | 6.61 | 7.47 | 7.95 | 7.78 |
| PBT | 13.7 | 6.66 | 10.83 | 7.96 | 2.67 | 0.73 | 3.64 | -7.35 | 4.7 | -1.33 | -4.8 | 1.23 | 2.22 |
| Tax % | 30.58% | 35.44% | 34.35% | 32.04% | 66.67% | 172.6% | 48.08% | 25.03% | 45.74% | 51.13% | -7.08% | 60.16% | -158.11% |
| Net Profit | 9.51 | 4.3 | 7.1 | 5.41 | 0.9 | -0.53 | 1.88 | -9.19 | 2.55 | -2.01 | -4.45 | 0.48 | 5.73 |
| EPS in Rs | 6.7 | 3.03 | 4.99 | 3.8 | 0.63 | -0.37 | 1.32 | -6.4 | 1.78 | -1.4 | -3.1 | 0.33 | 3.99 |
Profit & Loss
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales | 205 | 181 | 272 | 331 | 327 | 334 | 311 | 293 |
| Expenses | 149 | 157 | 215 | 221 | 273 | 290 | 284 | 267 |
| Operating Profit | 55 | 24 | 57 | 111 | 55 | 44 | 27 | 26 |
| OPM % | 27% | 13% | 21% | 33% | 17% | 13% | 9% | 9% |
| Other Income | 0 | 1 | 6 | 2 | 9 | -3 | 9 | 9 |
| Interest | 4 | 3 | 1 | 1 | 2 | 6 | 8 | 8 |
| Depreciation | 25 | 20 | 22 | 23 | 22 | 36 | 28 | 30 |
| PBT | 27 | 2 | 39 | 89 | 39 | 0 | 0 | -3 |
| Tax % | 5% | 500% | 26% | 28% | 33% | 2210% | 1615% | — |
| Net Profit | 25 | -8 | 29 | 65 | 26 | -7 | -3 | 0 |
| EPS in Rs | 18.26 | -5.78 | 20.34 | 45.54 | 18.5 | -4.83 | -2.39 | -0.18 |
| Div. Payout % | 7% | 0% | 6% | 3% | 7% | -26% | -52% | — |
Balance Sheet
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Equity Capital | 14 | 14 | 14 | 14 | 14 | 14 | 14 |
| Reserves | 262 | 253 | 284 | 347 | 373 | 366 | 361 |
| Borrowings | 43 | 32 | 9 | 2 | 20 | 84 | 126 |
| Other Liabilities | 30 | 36 | 46 | 48 | 93 | 57 | 76 |
| Total Liabilities | 348 | 335 | 352 | 412 | 500 | 522 | 577 |
| Fixed Assets | 195 | 202 | 194 | 192 | 247 | 317 | 387 |
| CWIP | 35 | 3 | 8 | 31 | 74 | 36 | 31 |
| Investments | 1 | 24 | 31 | 68 | 5 | 16 | 14 |
| Other Assets | 118 | 105 | 119 | 121 | 174 | 152 | 146 |
| Total Assets | 348 | 335 | 352 | 412 | 500 | 522 | 577 |
Cash Flow
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Operating | 54 | 45 | 55 | 93 | 31 | 40 | 38 |
| Investing | -58 | -6 | -21 | -48 | -110 | -86 | -81 |
| Financing | 3 | -16 | -25 | -9 | 16 | 59 | 31 |
| Net Cash Flow | -1 | 23 | 9 | 36 | -62 | 13 | -12 |
| Free Cash Flow | -4 | 38 | 35 | 40 | -60 | -71 | -38 |
| CFO/OP | 110 | 157 | 107 | 97 | 74 | 104 | 142 |
Ratios
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Debtor Days | 17 | 31 | 29 | 24 | 24 | 23 | 28 |
| Inventory Days | 84 | 79 | 54 | 89 | 60 | 100 | 92 |
| Days Payable | 165 | 154 | 92 | 145 | 101 | 118 | 111 |
| Cash Conversion Cycle | -63 | -45 | -9 | -32 | -18 | 4 | 9 |
| Working Capital Days | -2 | 15 | 5 | 7 | -24 | 28 | -1 |
| ROCE % | — | 2% | 13% | 28% | 10% | 3% | 1% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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Company Information
Incorproated in 2009, Chemfab Alkalis Ltd manufactures basic inorganic chemicals and PVCO pipes[1]
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