Hindustan Organic Chemicals Financial Statements

Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar Mar-2020 Mar-2018 Mar-2017 Mar-2016
Growth matrix (%)        
Revenue growth 18.70 57.60 22.70 (19)
Op profit growth (68) 15.40 31 (5.60)
EBIT growth (67) (24) 28 (2.90)
Net profit growth (52) (22) 43 (16)
Profitability ratios (%)        
OPM (18) (66) (90) (84)
EBIT margin (12) (44) (91) (88)
Net profit margin (29) (72) (146) (125)
RoCE (5.30) (14) (61) 48.80
RoNW (89) (65) 19.40 6.53
RoA (3.20) (5.90) (24) 17.40
Per share ratios ()        
EPS -- -- -- --
Dividend per share -- -- -- --
Cash EPS (15) (31) (40) (28)
Book value per share 2.94 5.12 17.70 (117)
Valuation ratios        
P/E -- -- -- --
P/CEPS (0.70) (0.80) (0.60) (0.60)
P/B 3.38 4.53 1.39 (0.10)
EV/EBIDTA (13) (5.60) (5) (4.60)
Payout (%)        
Dividend payout -- -- -- --
Tax payout -- -- -- --
Liquidity ratios        
Debtor days 11.30 11.20 18.20 42.60
Inventory days 66.80 80.90 106 135
Creditor days (102) (138) (171) (182)
Leverage ratios        
Interest coverage 0.70 1.60 1.66 1.84
Net debt / equity 21.10 14.60 5.02 (0.50)
Net debt / op. profit (7.10) (2.70) (3.80) (3.50)
Cost breakup ()        
Material costs (64) (49) (37) (50)
Employee costs (20) (67) (75) (76)
Other costs (35) (49) (77) (57)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2020 Mar-2018 Mar-2017 Mar-2016
Revenue 331 279 177 144
yoy growth (%) 18.70 57.60 22.70 (19)
Raw materials (211) (138) (66) (73)
As % of sales 63.60 49.30 37.10 50.30
Employee costs (65) (188) (134) (110)
As % of sales 19.50 67.40 75.50 76.20
Other costs (114) (137) (137) (83)
As % of sales 34.50 49 77.20 57.50
Operating profit (59) (183) (159) (121)
OPM (18) (66) (90) (84)
Depreciation (2.80) (5.80) (9) (9.90)
Interest expense (58) (77) (97) (69)
Other income 21.40 66 6.11 4.86
Profit before tax (98) (200) (259) (195)
Taxes -- -- -- --
Tax rate -- -- -- --
Minorities and other 1.58 0.34 1.68 4.84
Adj. profit (96) (200) (258) (191)
Exceptional items -- -- -- 10.40
Net profit (96) (200) (258) (180)
yoy growth (%) (52) (22) 43 (16)
NPM (29) (72) (146) (125)
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2020 Mar-2018 Mar-2017 Mar-2016
Profit before tax (98) (200) (259) (195)
Depreciation (2.80) (5.80) (9) (9.90)
Tax paid -- -- -- --
Working capital 709 929 (366) 366
Other operating items -- -- -- --
Operating cashflow 608 723 (634) 161
Capital expenditure (252) (254) 1,394 (1,394)
Free cash flow 357 469 759 (1,233)
Equity raised (928) (1,036) (1,081) (619)
Investments -- -- -- --
Debt financing/disposal 588 868 905 946
Dividends paid -- -- -- --
Other items -- -- -- --
Net in cash 16.90 302 583 (906)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar ( In .Cr) Mar-2020 Mar-2019 Mar-2018 Mar-2017
Equity capital 67.30 67.30 67.30 67.30
Preference capital -- -- -- --
Reserves (48) 43.50 (33) 51.90
Net worth 19.80 111 34.40 119
Minority interest
Debt 521 607 609 603
Deferred tax liabilities (net) 159 211 200 172
Total liabilities 679 910 827 879
Fixed assets 174 170 154 1,694
Intangible assets
Investments 0.05 0.05 0.05 0.05
Deferred tax asset (net) 7.43 22.90 -- --
Net working capital 394 646 563 (820)
Inventories 54.90 56.50 66.40 57.40
Inventory Days 60.40 -- 86.80 118
Sundry debtors 12.40 22.80 8.09 8.99
Debtor days 13.70 -- 10.60 18.50
Other current assets 1,033 1,235 1,324 59.80
Sundry creditors (38) (102) (180) (169)
Creditor days 41.70 -- 235 349
Other current liabilities (669) (566) (655) (776)
Cash 104 70.40 109 4.76
Total assets 679 910 827 879
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Mar-2020 Mar-2019 Mar-2018 Mar-2017 Mar-2016
Gross Sales 331 511 279 177 144
Excise Duty -- -- -- -- --
Net Sales 331 511 279 177 144
Other Operating Income -- -- -- -- --
Other Income 21.40 117 66.10 6.11 4.86
Total Income 353 628 345 183 149
Total Expenditure ** 390 484 446 331 240
PBIDT (37) 145 (101) (148) (90)
Interest 57.60 68.20 77.80 97.50 68.90
PBDT (95) 76.50 (179) (245) (159)
Depreciation 2.77 3.26 8.25 14.10 25.90
Minority Interest Before NP -- -- -- -- --
Tax -- -- -- -- --
Deferred Tax -- -- -- -- --
Reported Profit After Tax (98) 73.20 (187) (259) (185)
Minority Interest After NP (1.60) 0.74 -- -- (4.80)
Net Profit after Minority Interest (96) 72.50 (187) (259) (180)
Extra-ordinary Items -- -- -- -- --
Adjusted Profit After Extra-ordinary item (96) 72.50 (187) (259) (180)
EPS (Unit Curr.) (15) 10.90 (28) (39) (28)
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) -- -- -- -- --
Equity 67.30 67.30 67.30 67.30 67.30
Public Shareholding (Number) -- -- -- 27,691,600 27,691,600
Public Shareholding (%) -- -- -- 41.20 41.20
Pledged/Encumbered - No. of Shares -- -- -- -- --
Pledged/Encumbered - % in Total Promoters Holding -- -- -- -- --
Pledged/Encumbered - % in Total Equity -- -- -- -- --
Non Encumbered - No. of Shares -- -- -- 39,481,500 39,481,500
Non Encumbered - % in Total Promoters Holding -- -- -- 100 100
Non Encumbered - % in Total Equity -- -- -- 58.80 58.80
PBIDTM(%) (11) 28.30 (36) (83) (62)
PBDTM(%) (29) 15 (64) (138) (110)
PATM(%) (29) 14.30 (67) (146) (128)