Why is India Glycols Ltd ?
1
Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 8.55%
- Poor long term growth as Net Sales has grown by an annual rate of 7.92% and Operating profit at 16.92% over the last 5 years
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.21 times
2
Despite the size of the company, domestic mutual funds hold only 0.68% of the company
- Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Commodity Chemicals)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is India Glycols for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
India Glycols
44.93%
1.05
42.44%
Sensex
7.97%
0.69
11.53%
Quality key factors
Factor
Value
Sales Growth (5y)
7.92%
EBIT Growth (5y)
16.92%
EBIT to Interest (avg)
2.39
Debt to EBITDA (avg)
3.59
Net Debt to Equity (avg)
0.82
Sales to Capital Employed (avg)
0.95
Tax Ratio
20.84%
Dividend Payout Ratio
13.41%
Pledged Shares
0
Institutional Holding
7.65%
ROCE (avg)
8.33%
ROE (avg)
9.08%
Valuation Key Factors 
Factor
Value
P/E Ratio
23
Industry P/E
39
Price to Book Value
2.49
EV to EBIT
17.84
EV to EBITDA
13.73
EV to Capital Employed
1.82
EV to Sales
1.99
PEG Ratio
0.98
Dividend Yield
0.52%
ROCE (Latest)
10.20%
ROE (Latest)
10.83%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
Technical Movement
11What is working for the Company
PAT(Latest six months)
At Rs 138.31 cr has Grown at 25.63%
ROCE(HY)
Highest at 11.46%
DEBTORS TURNOVER RATIO(HY)
Highest at 30.92 times
PBDIT(Q)
Highest at Rs 157.64 cr.
NET SALES(Q)
Highest at Rs 1,092.20 cr
-3What is not working for the Company
DEBT-EQUITY RATIO(HY)
Highest at 0.86 times
INTEREST(Q)
Highest at Rs 49.28 cr
Loading Valuation Snapshot...
Here's what is working for India Glycols
Operating Profit (PBDIT) - Quarterly
Highest at Rs 157.64 cr. and Grown
each quarter in the last five quartersMOJO Watch
Near term Operating Profit trend is quite positive
Operating Profit (Rs Cr)
Profit After Tax (PAT) - Latest six months
At Rs 138.31 cr has Grown at 25.63%
Year on Year (YoY)MOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Debtors Turnover Ratio- Half Yearly
Highest at 30.92 times and Grown
each half year in the last five half yearly periodsMOJO Watch
Company has been able to settle its Debtors faster
Debtors Turnover Ratio
Net Sales - Quarterly
Highest at Rs 1,092.20 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Here's what is not working for India Glycols
Debt-Equity Ratio - Half Yearly
Highest at 0.86 times and Grown
each half year in the last five half yearly periodsMOJO Watch
The company is borrowing more to fund its operations; it's liquidity situation may be stressed
Debt-Equity Ratio
Interest - Quarterly
Highest at Rs 49.28 cr
in the last five quarters and Increased by 10.30 % (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (Rs cr)






