Assam Petrochemicals
Assam Petrochemicals
CommoditiesTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Stock is trading at 0.75 times its book value
Weaknesses
4- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 2.95% over past five years.
- Tax rate seems low
- Company has a low return on equity of 8.00% over last 3 years.
Growth Rate
Quarterly Results
| Particulars | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 18.19 | 29.46 | 30.28 | 23.99 | 20.59 | 19.45 | 19.18 | 22.61 | 15.52 | 17.2 | 16.98 | 17.68 | 16.15 |
| Expenses | 21.16 | 22.24 | 28.69 | 22.73 | 22.77 | 24.71 | 24.83 | 28.32 | 24.11 | 23.93 | 20.68 | 20.51 | 20.21 |
| Operating Profit | -2.97 | 7.22 | 1.59 | 1.26 | -2.18 | -5.26 | -5.65 | -5.71 | -8.59 | -6.73 | -3.7 | -2.83 | -4.06 |
| OPM % | -16.33% | 24.51% | 5.25% | 5.25% | -10.59% | -27.04% | -29.46% | -25.25% | -55.35% | -39.13% | -21.79% | -16.01% | -25.14% |
| Other Income | 1.42 | 1.25 | 3.08 | 1.48 | 1.52 | 1.72 | 2.7 | 1.35 | 1.15 | 1.04 | 0.93 | 0.85 | 0.74 |
| Interest | 0 | 0 | 0.21 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 | 0 | 0 |
| Depreciation | 0.47 | 0.47 | 0.95 | 0.55 | 0.55 | 0.55 | -0.14 | 0.26 | 0.35 | 0.39 | 0.29 | 0.29 | 0.29 |
| PBT | -2.02 | 8 | 3.51 | 2.19 | -1.21 | -4.09 | -2.81 | -4.62 | -7.79 | -6.08 | -3.08 | -2.27 | -3.61 |
| Tax % | -34.16% | 32.38% | -13.39% | 32.42% | -32.23% | -7.82% | 20.28% | 0% | 0.64% | -0.49% | 19.48% | 0% | 1.39% |
| Net Profit | -1.33 | 5.4 | 3.98 | 1.48 | -0.82 | -3.77 | -3.38 | -4.62 | -7.84 | -6.05 | -3.67 | -2.27 | -3.66 |
Profit & Loss
| Particulars | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 58 | 50 | 51 | 35 | 62 | 81 | 96 | 83 | 74 | 86 | 95 | 112 |
| Expenses | 47 | 49 | 49 | 48 | 61 | 72 | 89 | 95 | 99 | 85 | 86 | 102 |
| Operating Profit | 11 | 1 | 1 | -13 | 1 | 9 | 7 | -12 | -25 | 1 | 9 | 9 |
| OPM % | 20% | 2.4% | 2.5% | -38% | 1.6% | 11% | 7% | -14% | -33% | 1.5% | 10% | 8% |
| Other Income | 5 | 11 | 5 | 4 | 0 | -1 | 7 | 7 | 4 | 3 | -2 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 2 |
| PBT | 15 | 11 | 5 | -11 | -1 | 5 | 12 | -6 | -22 | 3 | 5 | 7 |
| Tax % | 39% | 53% | 45% | -1% | -4% | 14% | 19% | 10% | 3% | 7% | -1% | -5% |
| Net Profit | 9 | 5 | 3 | -11 | -1 | 4 | 9 | -6 | -22 | 3 | 5 | 7 |
| EPS in Rs | — | — | — | — | — | — | — | — | — | — | — | 0.16 |
| Div. Payout % | 10% | 17% | 33% | 0% | 0% | 23% | 12% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 431 |
| Reserves | 69 | 73 | 75 | 65 | 64 | 84 | 75 | 68 | 46 | 49 | 54 | 20 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 53 |
| Other Liabilities | 23 | 22 | 25 | 21 | 22 | 25 | 38 | 32 | 49 | 51 | 109 | 29 |
| Total Liabilities | 101 | 105 | 109 | 95 | 95 | 118 | 122 | 109 | 104 | 109 | 173 | 533 |
| Fixed Assets | 13 | 13 | 12 | 10 | 15 | 17 | 15 | 14 | 14 | 14 | 13 | 16 |
| CWIP | 0 | 1 | 1 | 3 | 3 | 1 | 4 | 6 | 17 | 28 | 76 | 300 |
| Investments | 2 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 86 | 90 | 95 | 81 | 76 | 101 | 103 | 90 | 73 | 67 | 83 | 216 |
| Total Assets | 101 | 105 | 109 | 95 | 95 | 118 | 122 | 109 | 104 | 109 | 173 | 533 |
Cash Flow
| Particulars | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 6 | 1 | 2 | — | -3 | 3 | 3 | -17 | -23 | 4 | 8 | -96 |
| Investing | 0 | -1 | -1 | — | -3 | 4 | 3 | 4 | -8 | -10 | -45 | -220 |
| Financing | 2 | 0 | 1 | — | 0 | 17 | -1 | -1 | 20 | 0 | 51 | 434 |
| Net Cash Flow | 8 | 0 | 2 | — | -7 | 24 | 5 | -14 | -11 | -6 | 14 | 118 |
| Free Cash Flow | 6 | 0 | 1 | — | -10 | 2 | 0 | -19 | -35 | -9 | -40 | -323 |
| CFO/OP | 54 | 102 | 186 | — | 222 | 61 | 100 | 135 | 90 | 209 | 78 | -1,034 |
Ratios
| Particulars | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 6 | 14 | 17 | 17 | 41 | 35 | 17 | 15 | 16 | 28 | 20 | 24 |
| Inventory Days | 212 | 285 | 257 | 205 | 139 | 111 | 115 | 93 | 85 | 120 | 112 | 95 |
| Days Payable | 52 | 78 | 66 | 93 | 92 | 76 | 51 | 51 | 49 | 65 | 67 | 82 |
| Cash Conversion Cycle | 165 | 221 | 207 | 128 | 88 | 70 | 81 | 58 | 52 | 84 | 65 | 38 |
| Working Capital Days | 54 | 92 | 92 | 103 | -6 | -10 | -5 | 21 | 36 | 30 | 6 | 30 |
| ROCE % | 20% | 10% | 6% | -14% | 5% | 15% | 13% | -7% | -32% | 6% | 20% | 5% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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48 extracted metrics + investor summaries across FY08–FY19.
Documents
Frequently Asked Questions about Assam Petrochemicals
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Company Information
Assam Petrochemicals is engaged in Business of Methanol and formaldehyde.
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