Sadhana Nitro Chem 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 (6.90) 107 54 (26)
Op profit growth (17) 322 327 (153)
EBIT growth (24) 386 4,369 (103)
Net profit growth (53) 6,020 (110) (225)
Profitability ratios (%)        
OPM 27.40 30.60 15 5.40
EBIT margin 23.70 29.10 12.40 0.43
Net profit margin 13.80 27.30 0.92 (14)
RoCE 22 60.50 15.30 0.36
RoNW 4.40 25.70 1.44 (13)
RoA 3.20 14.20 0.28 (2.90)
Per share ratios ()        
EPS 1.57 33.40 0.55 --
Dividend per share -- -- -- --
Cash EPS 0.95 31.30 (1.50) (7.50)
Book value per share 12.50 53.80 11.30 7.85
Valuation ratios        
P/E 9.53 0.44 5.09 --
P/CEPS 15.80 0.47 (1.80) (0.20)
P/B 1.20 0.30 0.25 (0.40)
EV/EBIDTA 8.22 5.90 8.40 22.60
Payout (%)        
Dividend payout -- -- -- --
Tax payout (34) 11 -- --
Liquidity ratios        
Debtor days 76.30 41 76.70 103
Inventory days 127 60.90 83.80 94.40
Creditor days (123) (118) (179) (222)
Leverage ratios        
Interest coverage (8.90) (6.40) (1.10) --
Net debt / equity 0.39 0.07 3.35 4.56
Net debt / op. profit 1.57 0.10 4.21 17
Cost breakup ()        
Material costs (30) (38) (48) (53)
Employee costs (15) (8.60) (14) (16)
Other costs (28) (23) (23) (26)
Switch to
Tabular Data
Graph
Switch to
Consolidated
Standalone
Y/e 31 Mar( In .Cr) Mar-2020 Mar-2018 Mar-2017 Mar-2016
Revenue 106 114 55.20 35.80
yoy growth (%) (6.90) 107 54 (26)
Raw materials (31) (43) (27) (19)
As % of sales 29.70 38.10 48.30 52.60
Employee costs (15) (9.70) (7.80) (5.70)
As % of sales 14.60 8.55 14.10 15.90
Other costs (30) (26) (13) (9.30)
As % of sales 28.40 22.80 22.70 26.10
Operating profit 29 34.80 8.26 1.93
OPM 27.40 30.60 15 5.40
Depreciation (5.80) (1.90) (1.90) (2)
Interest expense (2.80) (5.20) (6.30) (5.10)
Other income 1.96 0.29 0.49 0.22
Profit before tax 22.30 28 0.51 (4.90)
Taxes (7.70) 3.09 -- --
Tax rate (34) 11 -- --
Minorities and other -- -- -- --
Adj. profit 14.70 31.10 0.51 (4.90)
Exceptional items -- -- -- --
Net profit 14.70 31.10 0.51 (4.90)
yoy growth (%) (53) 6,020 (110) (225)
NPM 13.80 27.30 0.92 (14)
Switch to
Tabular Data
Graph
Y/e 31 Mar ( In .Cr) Mar-2020 Mar-2018 Mar-2017 Mar-2016
Profit before tax 22.30 28 0.51 (4.90)
Depreciation (5.80) (1.90) (1.90) (2)
Tax paid (7.70) 3.09 -- --
Working capital 54.70 (28) (16) (2.50)
Other operating items -- -- -- --
Operating cashflow 63.50 1.38 (17) (9.40)
Capital expenditure (2.90) (49) (55) 8.07
Free cash flow 60.60 (48) (72) (1.40)
Equity raised 80.10 (2.30) (11) (9.30)
Investments 5.50 -- -- --
Debt financing/disposal 29.70 24 25.90 36.80
Dividends paid -- -- -- --
Other items -- -- -- --
Net in cash 176 (26) (57) 26
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 9.32 9.32 9.32 9.20
Preference capital -- -- 4.30 --
Reserves 107 95.90 36.50 1.19
Net worth 116 105 50.20 10.40
Minority interest
Debt 46.30 8.12 11.40 35.60
Deferred tax liabilities (net) 2.75 1.59 2.26 --
Total liabilities 165 115 63.80 46
Fixed assets 99.40 77.80 61.10 45.70
Intangible assets
Investments 5.51 5.20 -- --
Deferred tax asset (net) -- -- 5.52 --
Net working capital 59.70 22.60 (11) (0.50)
Inventories 51.70 41.10 21.80 16.20
Inventory Days 178 -- 69.90 107
Sundry debtors 29 15.60 15.30 10.30
Debtor days 99.90 -- 49 68.20
Other current assets 29.20 27.90 29.80 9.82
Sundry creditors (26) (18) (26) (26)
Creditor days 90.50 -- 81.90 169
Other current liabilities (24) (44) (52) (11)
Cash 0.80 9.30 7.96 0.83
Total assets 165 115 63.80 46
Switch to
Consolidated
Standalone


Particulars ( Rupees In Crores.) Jun-2020 Mar-2020 Dec-2019 Sep-2019 Jun-2019
Gross Sales 16.60 26.30 28.20 34.20 17.40
Excise Duty -- -- -- -- --
Net Sales 16.60 26.30 28.20 34.20 17.40
Other Operating Income -- -- -- -- --
Other Income 0.83 0.26 0.64 0.82 0.23
Total Income 17.40 26.60 28.90 35 17.60
Total Expenditure ** 14.70 35.60 16.60 20.40 4.43
PBIDT 2.73 (9) 12.20 14.60 13.20
Interest 0.76 0.75 0.85 0.75 0.48
PBDT 1.97 (9.80) 11.40 13.90 12.70
Depreciation 1.54 1.62 1.46 1.39 1.34
Minority Interest Before NP -- -- -- -- --
Tax 0.08 (0.30) 1.60 2.15 3.13
Deferred Tax (0.30) (1.70) 0.90 0.95 0.96
Reported Profit After Tax 0.62 (9.40) 7.42 9.36 7.25
Minority Interest After NP -- -- -- -- --
Net Profit after Minority Interest 0.62 (9.40) 7.42 9.36 7.25
Extra-ordinary Items -- -- -- -- --
Adjusted Profit After Extra-ordinary item 0.62 (9.40) 7.42 9.36 7.25
EPS (Unit Curr.) 0.07 (1) 3.98 5.02 3.87
Book Value (Unit Curr.) -- -- -- -- --
Dividend (%) -- -- -- -- --
Equity 9.32 9.32 9.32 9.32 9.32
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(%) 16.50 (34) 43.30 42.70 75.80
PBDTM(%) 11.90 (37) 40.30 40.50 73
PATM(%) 3.74 (36) 26.30 27.40 41.80