BODAL CHEMICALS chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 167.41
Dividend & Yield0.80₹ (0.85%)
Beta 1.02
Market capitalization 11.7B
Operating cash flow -135.2M
ESG Scores unknown

Company description

Bodal Chemicals Limited manufactures and sells dyestuffs, dyes intermediates, and other chemicals in India. The company's dye intermediates primarily include vinyl sulphone ester, ortho anisidine vinyl sulphone, meta ureido aniline, H. acid, Bronner's vinyl sulphone, vinyl sulphone paracresidine base, 6-nitro 1-diazo-2naphthol 4-sulphonic acid, sulpho para vinyl sulphone, sulpho tobias acid, vinyl sulphone ester of 2:5 di methoxy aniline, sulpho ortho anisidine vinyl sulphone, F.C. acid, 1:2:4 diazo, K–acid, benzedine di sulphonic acid, benzanilide vinyl sulphone, and gamma acid. It also provides reactive, acid, and direct dyes for textile, leather, and paper industries; and sulphuric acid, chloro sulphonic acid, liquid SO3, oleums, beta napthol, linear alkyl benzene sulphonic acid, and acetanilide that are used as raw materials for the production of dye intermediates. Bodal Chemicals Limited also exports its products. The company was formerly known as Dintex Dyechem Limited and changed its name to Bodal Chemicals Limited in May 2006. Bodal Chemicals Limited was incorporated in 1986 and is headquartered in Ahmedabad, India.

Sector: Basic Materials - Industry: Specialty Chemicals

Financial Ratios
Quick Ratio0.85
Working Capital0.33
Return On Equity0.1
Debt To Equity0.2
Fixed Asset Ratio0.01
Fixed Interest Cover5.87

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 690.31M -298.66M 124.42M 317.28M
Total Cashflows From Investing Activities -1.28B -805.05M -1.68B -1.7B
Net Borrowings -303.53M 745.22M 1.95B 2.2B
Total Cash From Financing Activities -512.13M 759.05M 1.78B 1.81B
Change To Operating Activities 124.8M -63.53M -88.4M 496.26M
Issuance Of Stock 438.32M 438.32M 1.52M 1.52M
Net Income 1.43B 871.64M 419.82M 1.08B
Change In Cash 66.1M 66.79M -25.51M -26.14M
Effect Of Exchange Rate
Total Cash From Operating Activities 1.86B 95.59M -130.17M -135.2M
Depreciation 212.19M 282.63M 303.17M 466.17M
Change To Account Receivables 176.25M -889.72M -124.87M -1.2B
Other Cashflows From Financing Activities -110.84M -229.73M -166.2M -295.03M
Change To Netincome 79.02M 170.23M 115.59M 83.23M
Capital Expenditures -1.48B -520.98M -1.78B -1.59B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 2.18B 1.01B 553.84M 1.42B
Net Income 1.43B 871.64M 419.82M 1.08B
Selling General Administrative 656.57M 890.79M 789.98M 1.1B
Gross Profit 5.08B 4.63B 4.01B 8.98B
Ebit 2.17B 1.21B 776.92M 1.73B
Operating Income 2.17B 1.21B 776.92M 1.73B
Interest Expense -68.3M -172.26M -143.3M -294.77M
Income Tax Expense 769.87M 146.02M 156.17M 433.82M
Total Revenue 14.24B 13.75B 12.26B 20.51B
Cost Of Revenue 9.15B 9.12B 8.25B 11.53B
Total Other Income ExpenseNet 8.32M -204.06M -223.08M -309.24M
Net Income From Continuing Ops 1.41B 860.34M 397.67M 986.63M
Net Income Applicable To Common Shares 1.43B 871.64M 419.82M 1.08B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 4.68B 5.33B 7.68B 10.7B
Total Stockholder Equity 8.29B 9.31B 9.75B 10.56B
Other Current Liabilities 180.58M 195.36M 312.9M 874.36M
Total Assets 12.99B 14.71B 17.48B 21.22B
Common Stock 244.38M 244.66M 244.66M 244.96M
Other Current Assets 303.29M 280.12M 441.72M 756.08M
Retained Earnings 5.28B 5.87B 6.29B
Treasury Stock 384.03M 790.35M 810.87M 10.31B
Cash 77.86M 144.65M 119.14M 151.48M
Total Current Liabilities 4.11B 4.95B 6.1B 8.04B
Other Stockholder Equity 384.03M 790.35M 810.87M 10.31B
Property, Plant, and Equipment 6.31B 6.45B 7.95B 8.71B
Total Current Assets 6.16B 7.58B 8.71B 11.31B
Net Tangible Assets 8.26B 9.14B 9.59B 10.4B
Net Receivables 3.47B 4.64B 4.72B 5.95B
Accounts Payable 2.22B 2.1B 2.22B 2.54B


Insider Transactions

Here are the insider transactions of stock shares related to BODAL CHEMICALS:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Samyaktva Construction L.L.P.D2021-07-14Institution- Corporation300k
Samyaktva Construction L.L.P.D2021-07-13Institution- Corporation450k
Patel (Shakuntala J)Other at price 0.00 per share.D2020-11-13Promoter880k
Patel (Ramesh D)D2020-03-23Promoter20k
Patel (Ramesh D)D2020-03-03Promoter9.45k
Patel (Ramesh D)D2020-02-28Promoter20k
Patel (Ramesh D)I2020-02-28Promoter
Patel (Bhavin Suresh)D2019-03-29Director (Executive)230.64k
Patel (Bhavin Suresh)D2019-03-29Director (Executive)36.29k
Patel (Bhavin Suresh)D2019-03-25Director (Executive)500k
Patel (Bhavin Suresh)D2019-03-22Director (Executive)1.06M
Patel (Shakuntala J)D2019-02-21Promoter3.5M
Patel (Ramesh D)D2019-02-12Promoter15k
Patel (Ramesh D)D2019-02-11Promoter34.75k
Patel (Ramesh D)D2019-01-21Promoter1.04k
Patel (Ramesh D)D2018-11-28Promoter43.12k
Patel (Ankit Sureshbhai)D2018-10-05Director (Executive)137.16k
Patel (Ankit Sureshbhai)D2018-10-05Director (Executive)91.71k
Patel (Rakeshbhai Ravjibhai)D2018-10-05Promoter3.87k
Patel (Rakeshbhai Ravjibhai)D2018-10-05Promoter8.89k
Patel (Sureshbhai Jayantibhai)D2018-10-05Executive Chairman285k
Patel (Sureshbhai Jayantibhai)D2018-10-05Executive Chairman85k
Patel (Ankit Sureshbhai)D2018-10-04Director (Executive)180.85k
Patel (Sureshbhai Jayantibhai)D2018-10-04Executive Chairman189.55k
Patel (Sureshbhai Jayantibhai)D2018-10-04Executive Chairman566.7k
Patel (Ramesh D)D2018-10-03Promoter5.8k
Patel (Ramesh D)D2018-10-03Promoter240
Patel (Sureshbhai Jayantibhai)D2018-10-03Executive Chairman319.55k
Patel (Sureshbhai Jayantibhai)D2018-10-03Executive Chairman56k
Patel (Sureshbhai Jayantibhai)D2018-10-01Executive Chairman244.26k
Patel (Sureshbhai Jayantibhai)D2018-10-01Executive Chairman15.53k
Patel (Sureshbhai Jayantibhai)D2018-05-16Executive Chairman130.33k
Patel (Sureshbhai Jayantibhai)D2018-05-16Executive Chairman66.17k
Patel (Sureshbhai Jayantibhai)D2018-05-15Executive Chairman342.18k
Patel (Sureshbhai Jayantibhai)D2018-05-15Executive Chairman41.12k
Patel (Sureshbhai Jayantibhai)D2018-05-14Executive Chairman297.43k
Patel (Sureshbhai Jayantibhai)D2018-05-14Executive Chairman266.06k
Patel (Ankit Sureshbhai)D2018-05-11Director (Executive)314.8k
Patel (Sureshbhai Jayantibhai)D2018-05-11Executive Chairman110.08k
Patel (Sureshbhai Jayantibhai)D2018-05-09Executive Chairman35.5k
Patel (Sureshbhai Jayantibhai)D2018-05-08Executive Chairman5k
Patel (Ramesh D)D2018-03-23Promoter140k
Patel (Sureshbhai Jayantibhai)D2018-03-23Executive Chairman140k
Patel (Bansi M)D2017-07-18Promoter200k
Patel (Rakeshbhai Ravjibhai)D2017-07-18Promoter200k
Patel (Rakeshbhai Ravjibhai)D2017-07-11Promoter2.35M
Patel (Rakeshbhai Ravjibhai)D2017-04-18Promoter1.15M
Patel (Rakeshbhai Ravjibhai)D2017-02-20Promoter1M
Patel (Rakeshbhai Ravjibhai)D2017-02-20Promoter1M
Patel (Sureshbhai Jayantibhai)D2016-10-28Executive Chairman1.35M
Patel (Ramesh Prabodchandra)D2016-10-26Promoter1.35M

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to BODAL CHEMICALS. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on BODAL CHEMICALS

Here is the result of two systematic investment strategies applied to BODAL CHEMICALS. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on BODAL CHEMICALS

The following chart shows the equity curve of the two systematic investment strategies applied to BODAL CHEMICALS:

BODAL CHEMICALS automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 17.39% on the backtest period.

Performance at glance

Performance

17.39 %

Latent gain

439.0 ₹

Invested capital

2525.0 ₹

Annualized return

4.14 %
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Momentum strategy results on BODAL CHEMICALS

This is the result of two momentum investment strategies applied to BODAL CHEMICALS. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on BODAL CHEMICALS

The following chart shows all the entries opened by the momentum investment system on BODAL CHEMICALS:

BODAL CHEMICALS momentum entries
  • The first momentum investment strategy would give 18.33% of return on BODAL CHEMICALS. That represents 856.95₹ of latent gain with 4675.85₹ of employed capital.
  • The second momentum investment strategy would give 16.37% of return on BODAL CHEMICALS. That represents 528.25₹ of latent gain with 3226.15₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

18.33 %

Latent gain

856.95 ₹

Invested capital

4675.85 ₹

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

16.37 %

Latent gain

528.25 ₹

Invested capital

3226.15 ₹

Annualized return

4.4 %

Momentum equity curve on BODAL CHEMICALS

The following chart shows the equity curve of the two momentum strategies applied to BODAL CHEMICALS:

BODAL CHEMICALS momentum equity

Note: the dividends potentially given by BODAL CHEMICALS are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on BODAL CHEMICALS

The following chart shows the employed capital evolution of the two momentum strategies on BODAL CHEMICALS since the beginning:

BODAL CHEMICALS

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on BODAL CHEMICALS

Buy the dip entry openings on BODAL CHEMICALS

BODAL CHEMICALS

The performance achieved by the robo-advisor on BODAL CHEMICALS is 0%. That represents 0.0$ of latent gain with 0.0₹ of employed capital. The following chart shows BODAL CHEMICALS stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of BODAL CHEMICALS, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

0.0 %

Equity curve of the strategy applied to BODAL CHEMICALS

The following chart shows the result of the investment strategy applied to BODAL CHEMICALS:

BODAL CHEMICALS

Note: the dividends potentially given by BODAL CHEMICALS are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on BODAL CHEMICALS

The following chart shows the employed capital evolution since the beginning of the investment strategy on BODAL CHEMICALS:

BODAL CHEMICALS

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on BODAL CHEMICALS

In this section, I will compare the three previous investment strategies applied to BODAL CHEMICALS.

Equity curve comparison on BODAL CHEMICALS

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

BODAL CHEMICALS investment strategy comparison

Employed capital comparison on BODAL CHEMICALS

BODAL CHEMICALS investment comparison

Performance comparison on BODAL CHEMICALS

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 17.39% 439.0₹ 2525.0₹ 4.14%
Momentum 1 quarter 18.33% 856.95₹ 4675.85₹ 4.63%
Momentum 2 quarters 16.37% 528.25₹ 3226.15₹ 4.4%
Non-directional 0% 0.0₹ 0.0₹ 0.0%
Annualized return comparison

Automatic investment

4.14 %

Momentum 1Q

4.4 %

Momentum 2Q

4.4 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with BODAL CHEMICALS:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between BODAL CHEMICALS and the other stocks. There may be false positives or some missing correlated stocks. If the price of BODAL CHEMICALS does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name BODAL CHEMICALS
Country India
City Ahmedabad
Address Plot No. 123-124
Phone 91 99 0995 0856
Website www.bodal.com
FullTime employees
Industry Specialty Chemicals
Sector Basic Materials
Exchange XNSE
Ticker BODALCHEM.XNSE
Market

BODAL CHEMICALS ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown