CHAMBAL FERTILISERS has announced its results for the year ended March 2023. Let us have a look at the detailed performance review of the company during FY22-23.
No. of Mths Year Ending | 12 Mar-22* | 12 Mar-23* | % Change | |
---|---|---|---|---|
Net Sales | Rs m | 160,688 | 277,728 | 72.8% |
Other income | Rs m | 847 | 1,678 | 98.2% |
Total Revenues | Rs m | 161,535 | 279,406 | 73.0% |
Gross profit | Rs m | 25,715 | 18,769 | -27.0% |
Depreciation | Rs m | 2,997 | 3,083 | 2.9% |
Interest | Rs m | 1,255 | 3,200 | 154.9% |
Profit before tax | Rs m | 22,309 | 14,163 | -36.5% |
Tax | Rs m | 6,648 | 3,825 | -42.5% |
Profit after tax | Rs m | 15,661 | 10,338 | -34.0% |
Gross profit margin | % | 16.0 | 6.8 | |
Effective tax rate | % | 29.8 | 27.0 | |
Net profit margin | % | 9.7 | 3.7 |
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No. of Mths Year Ending | 12 Mar-22* | 12 Mar-23* | % Change | |
---|---|---|---|---|
Networth | Rs m | 63,969 | 70,655 | 10.5 |
Current Liabilities | Rs m | 38,018 | 31,521 | -17.1 |
Long-term Debt | Rs m | 24,712 | 18,204 | -26.3 |
Total Liabilities | Rs m | 132,890 | 127,701 | -3.9 |
Current assets | Rs m | 60,750 | 56,375 | -7.2 |
Fixed Assets | Rs m | 72,136 | 71,313 | -1.1 |
Total Assets | Rs m | 132,890 | 127,701 | -3.9 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Mar-22 | Mar-23 | ||
Cash Flow from Operating Activities | Rs m | -242 | 32,393 | - |
Cash Flow from Investing Activities | Rs m | -1,191 | -18,732 | - |
Cash Flow from Financing Activities | Rs m | -2,128 | -18,620 | - |
Net Cash Flow | Rs m | -3,559 | -4,951 | - |
No. of Mths Year Ending | 12 Mar-22* | 12 Mar-23* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 386.1 | 667.3 |
TTM Earnings per share | Rs | 37.6 | 24.8 |
Diluted earnings per share | Rs | 37.6 | 24.8 |
Price to Cash Flow | x | 9.4 | 11.9 |
TTM P/E ratio | x | 13.9 | 11.0 |
Price / Book Value ratio | x | 2.3 | 2.3 |
Market Cap | Rs m | 144,559 | 159,095 |
Dividends per share (Unadj.) | Rs | 7.5 | 7.5 |
Current Ratio: The company's current ratio improved and stood at 1.8x during FY23, from 1.6x during FY22. The current ratio measures the company's ability to pay short-term and long-term obligations.
Interest Coverage Ratio: The company's interest coverage ratio deteriorated and stood at 5.4x during FY23, from 18.8x during FY22. The interest coverage ratio of a company states how easily a company can pay its interest expense on outstanding debt. A higher ratio is preferable.
Return on Equity (ROE): The ROE for the company declined and down at 14.6% during FY23, from 24.5% during FY23. The ROE measures the ability of a firm to generate profits from its shareholders capital in the company.
Return on Capital Employed (ROCE): The ROCE for the company declined and down at 19.5% during FY23, from 26.6% during FY22. The ROCE measures the ability of a firm to generate profits from its total capital (shareholder capital plus debt capital) employed in the company.
Return on Assets (ROA): The ROA of the company declined and down at 10.6% during FY23, from 12.7% during FY22. The ROA measures how efficiently the company uses its assets to generate earnings.
No. of Mths Year Ending | 12 Mar-22* | 12 Mar-23* | |
---|---|---|---|
Current ratio | x | 1.6 | 1.8 |
Debtors’ Days | Days | 5 | 2 |
Interest coverage | x | 18.8 | 5.4 |
Debt to equity ratio | x | 0.4 | 0.3 |
Return on assets | % | 12.7 | 10.6 |
Return on equity | % | 24.5 | 14.6 |
Return on capital employed | % | 26.6 | 19.5 |
To see how CHAMBAL FERTILISERS has performed over the last 5 years, please visit here.
Over the last one year, CHAMBAL FERTILISERS share price has moved down from Rs 322.2 to Rs 264.0, registering a loss of Rs 58.2 or around 18.1%.
Overall, the S&P BSE SENSEX is up 8.2% over the year.
(To know more, check out historical annual results for CHAMBAL FERTILISERS and quarterly results for CHAMBAL FERTILISERS)
CHAMBAL FERTILISERS currently trades at Rs 415.3 per share. You can check out the latest share price performance of CHAMBAL FERTILISERS here...
The revenues of CHAMBAL FERTILISERS stood at Rs 279,406 m in FY23, which was up 73.0% compared to Rs 161,535 m reported in FY22.
CHAMBAL FERTILISERS' revenue has grown from Rs 101,976 m in FY19 to Rs 279,406 m in FY23.
Over the past 5 years, the revenue of CHAMBAL FERTILISERS has grown at a CAGR of 28.7%.
The net profit of CHAMBAL FERTILISERS stood at Rs 10,338 m in FY23, which was down -34.0% compared to Rs 15,661 m reported in FY22.
This compares to a net profit of Rs 17,476 m in FY21 and a net profit of Rs 12,266 m in FY20.
Over the past 5 years, CHAMBAL FERTILISERS net profit has grown at a CAGR of 14.6%.
The cash flow statement is the financial statement that presents the cash inflows and outflows of a company during a given period of time.
This statement is one of the most useful tools for judging a company's liquidity position. The ratios and parameters in this statement helps test a company's financial health.
The cash flow statement of CHAMBAL FERTILISERS reveals:
Here's the cash flow statement of CHAMBAL FERTILISERS for the past 5 years.
(Rs m) | FY19 | FY20 | FY21 | FY22 | FY23 |
---|---|---|---|---|---|
From Operations | -11,299 | 8,271 | 69,436 | -242 | 32,393 |
From Investments | -11,252 | -4,553 | -1,963 | -1,191 | -18,732 |
From Financial Activity | 22,630 | -2,832 | -60,069 | -2,128 | -18,620 |
Net Cashflow | 16 | 816 | 7,418 | -3,559 | -4,951 |
Be it the company's profitability, operations effectiveness or utilization of funds, ratio analysis is an important tool which helps in making investment decisions.
The ratio/financial analysis of CHAMBAL FERTILISERS reveals:
Here's the ratio/financial analysis of CHAMBAL FERTILISERS for the past 5 years.
FY19 | FY20 | FY21 | FY22 | FY23 | |
---|---|---|---|---|---|
Operating Profit Margin (%) | 11.0 | 16.5 | 22.7 | 16.0 | 6.8 |
Net Profit Margin (%) | 5.9 | 10.0 | 13.7 | 9.7 | 3.7 |
Debt to Equity Ratio (x) | 1.5 | 1.2 | 0.6 | 0.4 | 0.3 |
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