Financials GHCL Limited

Equities

GHCL

INE539A01019

Commodity Chemicals

Market Closed - NSE India S.E. Other stock markets 03:10:02 2024-05-18 am EDT			5-day change	1st Jan Change
501.5 ^INR	+0.21%		+1.83%	-13.68%

May. 07	Transcript : GHCL Limited, Q4 2024 Earnings Call, May 07, 2024
May. 06	GHCL Limited Reports Earnings Results for the Full Year Ended March 31, 2024	CI

Valuation

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	24,130	8,470	21,806	52,209	48,132	47,920	-	-
Enterprise Value (EV) ¹	24,130	8,470	21,806	52,209	48,132	42,430	47,920	47,920
P/E ratio	6.93 x	2.2 x	6.7 x	8.09 x	4.19 x	5.32 x	7 x	6.45 x
Yield	2.03%	-	-	-	-	-	-	-
Capitalization / Revenue	0.72 x	0.26 x	0.75 x	1.38 x	1.06 x	1.23 x	1.33 x	1.23 x
EV / Revenue	0.72 x	0.26 x	0.75 x	1.38 x	1.06 x	1.23 x	1.33 x	1.23 x
EV / EBITDA	3.18 x	1.16 x	3.43 x	5.33 x	3.25 x	5.01 x	4.67 x	4.19 x
EV / FCF	9,756,454 x	-	-	-	-	-	-	-
FCF Yield	0%	-	-	-	-	-	-	-
Price to Book	1.25 x	-	-	-	-	-	-	-
Nbr of stocks (in thousands)	98,028	95,013	95,013	95,351	95,586	95,755	-	-
Reference price ²	246.2	89.15	229.5	547.6	503.6	500.4	500.4	500.4
Announcement Date	4/25/19	5/20/20	5/25/21	4/30/22	4/29/23	5/6/24	-	-

¹INR in Million²INR

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	33,413	33,051	29,001	37,784	45,454	34,465	36,163	38,861
EBITDA ¹	7,594	7,280	6,361	9,790	14,810	8,475	10,269	11,427
EBIT	6,425	-	-	-	-	-	-	-
Operating Margin	19.23%	-	-	-	-	-	-	-
Earnings before Tax (EBT) ¹	5,306	4,946	4,386	8,108	14,630	9,915	9,125	9,902
Net income ¹	3,506	3,966	3,261	6,467	11,416	7,939	6,844	7,427
Net margin	10.49%	12%	11.25%	17.12%	25.11%	23.03%	18.93%	19.11%
EPS ²	35.50	40.50	34.23	67.68	120.1	83.33	71.50	77.60
Free Cash Flow	2,473	-	-	-	-	-	-	-
FCF margin	7.4%	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	32.57%	-	-	-	-	-	-	-
FCF Conversion (Net income)	70.55%	-	-	-	-	-	-	-
Dividend per Share	5.000	-	-	-	-	-	-	-
Announcement Date	4/25/19	5/20/20	5/25/21	4/30/22	4/29/23	5/6/24	-	-

¹INR in Million²INR

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March	2023 Q1	2023 Q2
Net sales ¹	-	13,811
EBITDA ¹	-	4,423
EBIT	-	-
Operating Margin	-	-
Earnings before Tax (EBT) ¹	-	3,997
Net income ¹	3,552	2,926
Net margin	-	21.18%
EPS ²	37.18	31.41
Dividend per Share	-	-
Announcement Date	7/28/22	10/31/22

¹INR in Million²INR

Estimates

Balance Sheet Analysis

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	2,473	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	19.8%	20.4%	14.1%	23.2%	33.1%	18.3%	19.6%	18.3%
ROA (Net income/ Total Assets)	9.2%	9.72%	8.01%	14.4%	22.5%	14.7%	15.2%	13.8%
Assets ¹	38,115	40,821	40,714	44,871	50,644	54,197	45,026	53,819
Book Value Per Share	196.0	-	-	-	-	-	-	-
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex	2,828	2,157	1,119	3,375	3,576	-	1,958	4,696
Capex / Sales	8.46%	6.53%	3.86%	8.93%	7.87%	-	5.41%	12.08%
Announcement Date	4/25/19	5/20/20	5/25/21	4/30/22	4/29/23	5/6/24	-	-

¹INR in Million

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Ratings for GHCL Limited

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

500.4 INR

Average target price

543 INR

Spread / Average Target

+8.50%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

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