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

COMMON STOCK | Specialty Chemicals | NSE

Last Closing Price

INR 260.00

Change

+1.60 (+0.62)%

Market Cap

INR 2.12B

Volume

0.01M

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. Address: Akshar House, Mehsana, India, 382715

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-05-10 )

Largest Industry Peers for Specialty Chemicals

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

+5.30 (+0.21%)

INR2,447.39B 89.05 51.87
PIDILITIND:NSE Pidilite Industries Limited

+30.65 (+1.69%)

INR922.91B 94.00 57.63
BERGEPAINT:NSE Berger Paints India Limited

+7.70 (+1.08%)

INR694.67B 113.73 63.02
SRF:NSE SRF Limited

+20.25 (+0.32%)

INR372.01B 30.55 23.07
KANSAINER:NSE Kansai Nerolac Paints Limited

-25.10 (-4.25%)

INR318.47B 60.15 38.65
AARTIIND:NSE Aarti Industries Limited

+41.05 (+2.42%)

INR295.54B 59.35 35.44
ATUL:NSE Atul Ltd

-89.85 (-1.08%)

INR245.93B 37.58 22.92
VINATIORGA:NSE Vinati Organics Limited

-4.60 (-0.27%)

INR175.91B 64.40 43.92
ALKYLAMINE:NSE Alkyl Amines Chemicals Limited

+105.80 (+1.29%)

INR167.03B 66.38 46.50
LINDEINDIA:NSE Linde India Limited

-2.25 (-0.13%)

INR152.38B 100.76 36.86

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 -1.53% 26% F 33% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -1.53% 25% F 33% F
Trailing 12 Months  
Capital Gain 39.00% 20% F 24% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 39.00% 20% F 23% F
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 -20.98% 4% F 10% F
Dividend Return 0.27% 15% F 20% F
Total Return -20.70% 4% F 10% F
Risk Return Profile  
Volatility (Standard Deviation) 26.38% 76% C 84% B
Risk Adjusted Return -78.49% 2% F 5% F
Market Capitalization 2.12B 23% F 33% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-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 16.64 65% D 59% F
Price/Book Ratio 0.79 88% B+ 74% C
Price / Cash Flow Ratio 8.07 66% D 43% F
EV/EBITDA 7.70 75% C 72% C-
Management Effectiveness  
Return on Equity 4.36% 34% F 46% F
Return on Invested Capital 5.78% 37% F 52% F
Return on Assets 3.38% 38% F 60% D-
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 1.36 28% F 26% 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:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

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.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow 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.

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 risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

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.