AKSHARCHEM:NSE-AksharChem (India) Limited (INR)

COMMON STOCK | Specialty Chemicals | NSE

Last Closing Price

INR 225.95

Change

+3.90 (+1.76)%

Market Cap

INR 1.83B

Volume

9.55K

Average Target Price

N/A
Average Analyst Rating

N/A

Fundamental Analysis

Verdict

About

AksharChem (India) Limited engages in the manufacture and sale of dyes and pigments in India. The company offers vinyl sulphone, sulpho para vinyl sulphone, ortho anicidine vinyl sulphone, and h-acid for use in the textile industry; and CPC green for printing ink, rubber, plastic, paint, and leather industries. It also exports its products to Europe, the Far East, South East Asia, China, the United States, and internationally. The company was formerly known as Audichem (India) Limited and changed its name to AksharChem (India) Limited in March 2003. AksharChem (India) Limited was founded in 1989 and is headquartered in Mehsana, India.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-09-30 )

Largest Industry Peers for Specialty Chemicals

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
ASIANPAINT:NSE Asian Paints Limited

+26.45 (+1.35%)

INR1,880.46B 82.20 49.15
PIDILITIND:NSE Pidilite Industries Limited

+6.10 (+0.43%)

INR722.54B 84.88 55.68
BERGEPAINT:NSE Berger Paints India Limited

+6.30 (+1.09%)

INR558.74B 112.48 63.29
KANSAINER:NSE Kansai Nerolac Paints Limited

+1.60 (+0.32%)

INR267.10B 63.23 39.20
SRF:NSE SRF Limited

-5.35 (-0.13%)

INR237.71B 25.10 18.18
ATUL:NSE Atul Ltd

-28.75 (-0.47%)

INR182.15B 28.06 18.55
AARTIIND:NSE Aarti Industries Limited

+0.55 (+0.05%)

INR177.55B 36.10 21.14
VINATIORGA:NSE Vinati Organics Limited

-22.45 (-1.65%)

INR139.64B 36.89 26.94
CASTROLIND:NSE Castrol India Limited

-0.50 (-0.46%)

INR108.75B 16.96 10.80
AKZOINDIA:NSE Akzo Nobel India Limited

+82.90 (+3.98%)

INR95.59B 57.74 30.53

ETFs Containing AKSHARCHEM

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Specialty Chemicals)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -10.50% 27% F 43% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -10.50% 25% F 43% F
Trailing 12 Months  
Capital Gain 8.68% 39% F 61% D-
Dividend Return N/A N/A N/A N/A N/A
Total Return 8.68% 39% F 61% D-
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -26.85% N/A N/A 10% F
Dividend Return 0.30% N/A N/A 23% F
Total Return -26.55% N/A N/A 10% F
Risk Return Profile  
Volatility (Standard Deviation) 22.45% N/A N/A 86% B
Risk Adjusted Return -118.23% N/A N/A 5% F
Market Capitalization 1.83B 27% F 36% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Specialty Chemicals)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 15.14 55% F 51% F
Price/Book Ratio 0.68 83% B 65% D
Price / Cash Flow Ratio 6.94 54% F 38% F
EV/EBITDA 7.90 65% D 64% D
Management Effectiveness  
Return on Equity 6.02% 32% F 45% F
Return on Invested Capital 5.77% 34% F 49% F
Return on Assets 3.75% 36% F 56% F
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Short Ratio N/A N/A N/A N/A N/A
Short Percent N/A N/A N/A N/A N/A
Beta 1.24 30% F 25% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (INR)

Quarterly Financials (INR)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.