Phillips Carbon Black Financial Statements

Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar Mar-2020 Mar-2017 Mar-2016 Mar-2015
Growth matrix (%)        
Revenue growth 68.30 1.73 (23) 8.46
Op profit growth 79.80 56.30 9.36 523
EBIT growth 85.40 80.90 11.80 (1,471)
Net profit growth 314 324 53.20 (112)
Profitability ratios (%)        
OPM 14.30 13.40 8.72 6.11
EBIT margin 12.40 11.20 6.31 4.33
Net profit margin 8.83 3.60 0.86 0.43
RoCE 17 9.72 5.71 6.01
RoNW 5.06 1.59 0.53 0.53
RoA 3.03 0.78 0.19 0.15
Per share ratios ()        
EPS 16.70 19.90 4.62 2.80
Dividend per share 7 6 2.50 1
Cash EPS 11.30 2.51 (13) (14)
Book value per share 98.60 328 303 147
Valuation ratios        
P/E 3.77 3.31 4.13 9.36
P/CEPS 5.58 26.30 (1.40) (1.90)
P/B 0.64 0.20 0.06 0.18
EV/EBIDTA 3.14 6.76 7.15 10
Payout (%)        
Dividend payout 50.80 29.80 52.80 38.90
Tax payout (19) (58) (66) (14)
Liquidity ratios        
Debtor days 59.30 85.60 92.50 76.70
Inventory days 32.10 46.20 52.10 53.60
Creditor days (57) (77) (46) (48)
Leverage ratios        
Interest coverage (8.70) (4.20) (1.70) (1.10)
Net debt / equity 0.27 0.65 0.93 2.38
Net debt / op. profit 1 2.84 5.87 7.99
Cost breakup ()        
Material costs (68) (64) (71) (79)
Employee costs (4.10) (4.30) (3.80) (2.80)
Other costs (14) (18) (16) (12)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2020 Mar-2017 Mar-2016 Mar-2015
Revenue 3,244 1,927 1,894 2,470
yoy growth (%) 68.30 1.73 (23) 8.46
Raw materials (2,190) (1,237) (1,345) (1,940)
As % of sales 67.50 64.20 71 78.60
Employee costs (135) (82) (73) (70)
As % of sales 4.15 4.25 3.84 2.85
Other costs (455) (350) (312) (308)
As % of sales 14 18.20 16.50 12.50
Operating profit 464 258 165 151
OPM 14.30 13.40 8.72 6.11
Depreciation (92) (61) (62) (58)
Interest expense (46) (51) (72) (95)
Other income 29 18.60 16.50 14.20
Profit before tax 355 165 47.40 12.10
Taxes (67) (96) (31) (1.70)
Tax rate (19) (58) (66) (14)
Minorities and other (1) 0.60 0.41 0.29
Adj. profit 287 69.30 16.30 10.70
Exceptional items -- -- -- --
Net profit 287 69.30 16.30 10.70
yoy growth (%) 314 324 53.20 (112)
NPM 8.83 3.60 0.86 0.43
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2020 Mar-2017 Mar-2016 Mar-2015
Profit before tax 355 165 47.40 12.10
Depreciation (92) (61) (62) (58)
Tax paid (67) (96) (31) (1.70)
Working capital 351 (109) 32.60 128
Other operating items -- -- -- --
Operating cashflow 546 (101) (14) 79.80
Capital expenditure 966 452 330 19.60
Free cash flow 1,512 351 317 99.50
Equity raised 1,982 1,620 1,553 932
Investments 117 253 190 47.40
Debt financing/disposal 220 376 355 655
Dividends paid 121 20.70 8.62 3.45
Other items -- -- -- --
Net in cash 3,951 2,621 2,425 1,738
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 34.50 34.50 34.50 34.50
Preference capital -- -- -- --
Reserves 1,665 1,615 1,343 1,096
Net worth 1,699 1,650 1,378 1,131
Minority interest
Debt 617 793 717 758
Deferred tax liabilities (net) 294 298 297 211
Total liabilities 2,617 2,748 2,398 2,105
Fixed assets 1,946 1,675 1,466 1,467
Intangible assets
Investments 155 362 316 291
Deferred tax asset (net) 39 41.70 69.30 6.04
Net working capital 326 553 374 317
Inventories 326 460 310 244
Inventory Days 36.70 -- -- 46.10
Sundry debtors 588 653 522 466
Debtor days 66.20 -- -- 88.20
Other current assets 140 121 85.20 88.40
Sundry creditors (450) (535) (412) (424)
Creditor days 50.70 -- -- 80.30
Other current liabilities (279) (146) (131) (57)
Cash 152 115 173 24.50
Total assets 2,617 2,748 2,398 2,105
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Mar-2020 Mar-2019 Mar-2018 Mar-2017 Mar-2016
Gross Sales 3,244 3,529 2,611 2,131 2,115
Excise Duty -- -- 53.30 204 221
Net Sales 3,244 3,529 2,558 1,927 1,894
Other Operating Income -- -- -- -- 16.50
Other Income 29 19.90 28.80 18.60 --
Total Income 3,273 3,548 2,587 1,946 1,911
Total Expenditure ** 2,779 2,912 2,181 1,669 1,729
PBIDT 493 636 406 277 182
Interest 45.90 36.80 41.40 51.50 72.10
PBDT 447 599 364 225 110
Depreciation 92.40 66.40 60.50 60.60 62.20
Minority Interest Before NP -- -- -- -- --
Tax 57.30 151 91.80 36.10 13.20
Deferred Tax 10 (0.60) (18) 59.90 18.30
Reported Profit After Tax 288 383 230 68.70 15.90
Minority Interest After NP 0.95 (1) -- -- (0.40)
Net Profit after Minority Interest 287 384 230 68.70 16.30
Extra-ordinary Items -- -- -- -- --
Adjusted Profit After Extra-ordinary item 287 384 230 68.70 16.30
EPS (Unit Curr.) 16.70 22.20 66.60 19.90 4.62
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) 350 175 120 60 25
Equity 34.50 34.50 34.50 34.50 34.50
Public Shareholding (Number) -- -- -- -- --
Public Shareholding (%) -- -- -- -- --
Pledged/Encumbered - No. of Shares -- -- -- -- --
Pledged/Encumbered - % in Total Promoters Holding -- -- -- -- --
Pledged/Encumbered - % in Total Equity -- -- -- -- --
Non Encumbered - No. of Shares -- -- -- -- --
Non Encumbered - % in Total Promoters Holding -- -- -- -- --
Non Encumbered - % in Total Equity -- -- -- -- --
PBIDTM(%) 15.20 18 15.90 14.40 9.59
PBDTM(%) 13.80 17 14.20 11.70 5.78
PATM(%) 8.86 10.80 8.98 3.56 0.84