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Fundamentals for Chemplast Sanmar Limited
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Fundamentals for Chemplast Sanmar Limited
Business Operations:
Sector: Basic MaterialsIndustry: Chemicals
Chemplast Sanmar Limited engages in manufacturing and selling of specialty chemicals in India. The company offers specialty paste PVC resins; custom manufactured chemicals, such as organic chemicals, and phyto chemicals comprising colchicine and thiocolchicoside; hydrogen peroxide; and industrial salt. It also provides chlorochemicals, such as caustic chlor products, including caustic soda lye and flakes, chlorine, hydrochloric acid, and hydrogen; refrigerant gas, that includes hydrochlorofluorocarbons under brand name Mettron; and solvents comprising chloromethanes products, such as methyl chloride, methylene dichloride, chloroform, and carbon tetrachloride. The company offers its products for agrochemical, pharmaceutical, fine chemicals, pulp and paper, textile, water treatment, chemical synthesis, sterilisation, bleaching, and effluent treatment. It also exports its products. The company was formerly known as Chemicals and Plastics India Limited and changed its name to Chemplast Sanmar Limited in September 1995. Chemplast Sanmar Limited was incorporated in 1962 and is based in Chennai, India. Chemplast Sanmar Limited is a subsidiary of Sanmar Holdings Limited.
Revenue projections:
With CHEMPLASTS's revenue expected to be lower than the previous year, investors may become cautious. Declining revenues often negatively impact the bottom line, reducing profitability and raising concerns among investors about the company's ability to maintain strong financial performance moving forward.
Financial Ratios:
| currentRatio | 0.504000 |
|---|---|
| forwardPE | 23.573626 |
| debtToEquity | 111.239000 |
| earningsGrowth | 0.000000 |
| revenueGrowth | 0.091000 |
| grossMargins | 0.367040 |
| operatingMargins | 0.111310 |
| trailingEps | -17.710000 |
| forwardEps | 9.100000 |
CHEMPLASTS's current ratio being 0.504 suggests that the company's current assets and cash reserves may not be enough to meet its short-term debt obligations. This points to possible liquidity challenges, signaling the need for additional funding.
Chemplast Sanmar Limited's Forward PE is positioned well, reflecting a favorable balance between stock price and earnings. The stock isn't overpriced, offering room for growth and making it a potentially rewarding investment as its value has room to rise further.
Chemplast Sanmar Limited's high debt-to-equity ratio shows the company is significantly leveraged, relying heavily on debt financing. This raises the potential for increased financial risk, especially if the company's earnings or cash flow are negatively impacted.
Price projections:
Chemplast Sanmar Limited's price projections have gradually decreased, reflecting a less optimistic view of the company's future performance. Analysts are adjusting their expectations, suggesting potential concerns about Chemplast Sanmar Limited's ability to meet previous growth targets.
Recommendation changes over time:
Analysts have shown a buy bias for Chemplast Sanmar Limited, signaling it as a strong investment choice. This positive outlook could motivate investors to allocate funds to Chemplast Sanmar Limited, seeing it as a reliable and potentially profitable option, especially in an environment where the stock market is highly scrutinized.
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