ScoreWhy is Southern Petrochemical Industries Corporation Ltd. ?
1
Strong ability to service debt as the company has a low Debt to EBITDA ratio of 0.60 times
2
Healthy long term growth as Operating profit has grown by an annual rate 36.33%
3
Positive results in Sep 25
- NET SALES(9M) At Rs 2,352.29 cr has Grown at 43.54%
- DEBTORS TURNOVER RATIO(HY) Highest at 335.36 times
- OPERATING PROFIT TO INTEREST(Q) Highest at 11.06 times
4
With ROE of 14.3, it has a Very Attractive valuation with a 1.3 Price to Book Value
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 4.09%, its profits have risen by 19.6% ; the PEG ratio of the company is 0.5
5
Falling Participation by Institutional Investors
- Institutional investors have decreased their stake by -0.59% over the previous quarter and collectively hold 6.23% of the company
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to SPIC should be less than 10%
- Overall Portfolio exposure to Fertilizers should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Fertilizers)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is SPIC for you?
High Risk, Medium Return
Absolute
Risk Adjusted
Volatility
SPIC
4.21%
0.09
43.78%
Sensex
4.37%
0.37
11.83%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
14.00%
EBIT Growth (5y)
36.33%
EBIT to Interest (avg)
7.45
Debt to EBITDA (avg)
1.60
Net Debt to Equity (avg)
0.06
Sales to Capital Employed (avg)
1.85
Tax Ratio
34.64%
Dividend Payout Ratio
26.17%
Pledged Shares
0
Institutional Holding
6.23%
ROCE (avg)
16.55%
ROE (avg)
20.32%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
9
Industry P/E
24
Price to Book Value
1.28
EV to EBIT
7.17
EV to EBITDA
6.10
EV to Capital Employed
1.27
EV to Sales
0.55
PEG Ratio
0.46
Dividend Yield
2.44%
ROCE (Latest)
17.67%
ROE (Latest)
14.30%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend18What is working for the Company
NET SALES(9M)
At Rs 2,352.29 cr has Grown at 43.54%
DEBTORS TURNOVER RATIO(HY)
Highest at 335.36 times
OPERATING PROFIT TO INTEREST(Q)
Highest at 11.06 times
PAT(Q)
At Rs 61.22 cr has Grown at 53.2% (vs previous 4Q average
CASH AND CASH EQUIVALENTS(HY)
Highest at Rs 325.14 cr
DEBT-EQUITY RATIO(HY)
Lowest at 0.35 times
PBT LESS OI(Q)
At Rs 66.69 cr has Grown at 23.8% (vs previous 4Q average
-2What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...
Here's what is working for SPIC
Net Sales - Nine Monthly
At Rs 2,352.29 cr has Grown at 43.54%
Year on Year (YoY)MOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Operating Profit to Interest - Quarterly
Highest at 11.06 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Profit After Tax (PAT) - Quarterly
At Rs 61.22 cr has Grown at 53.2% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 39.96 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Debtors Turnover Ratio- Half Yearly
Highest at 335.36 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
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 66.69 cr has Grown at 23.8% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 53.89 CrMOJO Watch
Near term PBT trend is positive
PBT less Other Income (Rs Cr)
Cash and Cash Equivalents - Half Yearly
Highest at Rs 325.14 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debt-Equity Ratio - Half Yearly
Lowest at 0.35 times
in the last five half yearly periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Here's what is not working for SPIC
Non Operating Income - Quarterly
Highest at Rs 25.53 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income
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