More about Sumitomo Chemical India Limited
Fundamentals for Sumitomo Chemical India Limited
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Fundamentals for Sumitomo Chemical India Limited
Business Operations:
Sector: Basic MaterialsIndustry: Agricultural Inputs
Sumitomo Chemical India Limited engages in the manufacture and sale of household and public health insecticides, agricultural pesticides, and animal nutrition products in India and internationally. It also offers crop protection products, such as insecticides, herbicides, fungicides, and miticides; animal nutrition and plant growth regulators; fumigants and rodenticides; weedicides; and biological products. The company exports its products. Sumitomo Chemical India Limited was incorporated in 2000 and is headquartered in Mumbai, India. The company is a subsidiary of Sumitomo Chemical Company Limited.
Revenue projections:
The projected decline in Sumitomo Chemical India Limited's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.
Financial Ratios:
| currentRatio | 3.121000 |
|---|---|
| forwardPE | 30.672152 |
| debtToEquity | 1.820000 |
| earningsGrowth | -0.075000 |
| revenueGrowth | -0.059000 |
| grossMargins | 0.400940 |
| operatingMargins | 0.216470 |
| trailingEps | 10.890000 |
| forwardEps | 13.655710 |
SUMICHEM's current ratio being 3.121 suggests that the company has no issue servicing its short-term debt. Its strong liquidity position, supported by sufficient cash reserves and current assets, ensures that SUMICHEM can meet its financial obligations with ease.
Sumitomo Chemical India Limited's low growth in both earnings and revenue signals a potential profit decline. This could be a sign of financial trouble, suggesting that the company's profitability might shrink in the near future.
Sumitomo Chemical India Limited's positive gross and operating margins reflect strong financial performance. These metrics indicate that the company is efficiently managing its operations and generating healthy profits, contributing to a solid financial position.
With a forward EPS greater than its trailing EPS, SUMICHEM is expected to see higher profitability this year. The forecasted increase in earnings reflects optimism about the company's financial growth and potential for improved performance over the prior year.
Price projections:
SUMICHEM's price projections have steadily declined, indicating that analysts are revising their outlook on the company. This downward trend reflects a more cautious perspective on SUMICHEM's future growth prospects.
Recommendation changes over time:
Analysts' buy bias toward SUMICHEM suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, SUMICHEM is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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