Dashboard/SHREEPUSHK

SHREEPUSHK

OVERVALUED

Shree Pushkar Chemicals & Fertilisers Limited

Chemicals · NSE

↓ 63.5% vs fair value

52W Low

₹221

+47.0% from low

52W High

₹476

-31.9% from high

News sentiment (1 articles)

0 bull0 neutral1 bear

✦

Analyst Note

Today

Shree Pushkar Chemicals is trading at ₹324.2, representing a 56.5% premium to its fair value of ₹198.28, signaling overvaluation with medium confidence. While the company has delivered 14.6% revenue growth and maintains a healthy debt-to-equity of 0.27, deteriorating returns (ROCE at 12.1%) and negative free cash flow of ₹9 Cr are concerning red flags. Sentiment remains consistently bearish, and earnings quality shows paper profits rather than cash conversion. This profile suits defensive investors seeking value, though near-term momentum headwinds appear pronounced.

Valuation Gauge

OVERVALUED-63.5% Margin of Safety

OVERVALUEDFAIRLY VALUEDUNDERVALUED

Current Price

₹324

Fair Value

₹198

Fair Value Analysis

₹198

Based on free cash flow projections and balance sheet strength analysis and earnings growth potential for Chemicals sector companies | Sector-cheap: P/E at 21th percentile vs sector peers. | CAUTION: ROCE declining (latest 13.1%) — returns on capital are falling; verify this isn't a value trap.

Medium confidence

Cash Flow Analysis

50% weight

₹22

Balance Sheet Value

30% weight

₹304

Growth Valuation

20% weight

₹481

Price vs Market

SHREEPUSHK

Nifty 50

Shareholding Pattern

Stock Health Score

Solid Fundamentals

6.2 / 10

Profitability

8/10

ROE of 12.8% is acceptable for Chemicals sector (benchmark: 15%)

Debt & Leverage

10/10

D/E ratio of 0.3x is well within the Chemicals sector norm of 0.8x — strong balance sheet

Valuation vs Peers

10/10

P/E of 13.6x trades at a 79% discount to Chemicals sector median (64x) — attractively valued

Cash Flow

1/10

Negative FCF of ₹-9 Cr — company is consuming more cash than it generates

Earnings Growth

4/10

5yr EPS CAGR of 1.8% is well below Chemicals sector average of 14.1%

Dividend

6/10

Dividend yield of 0.6% provides moderate shareholder returns

Sentiment Trend — Last 30 Days

Historical Returns

Key Ratios & Growth

FCF Yield

0.3%

Free cash flow / market cap

Revenue Growth (YoY)

+14.8%

Year-on-year revenue change

Profit Growth (YoY)

+12.5%

Year-on-year PAT change

Operating Cash Flow

₹38 Cr

TTM cash from operations

Key Financials

EPS (TTM)

₹22.8

P/E Ratio

13.6x

P/B Ratio

1.7x

ROE

12.8%

ROCE

12.1%

Debt / Equity

0.27x

Beta

-0.04

Div Yield

0.6%

FCF (Cr)

₹-9 Cr

Revenue (Cr)

₹803 Cr

EPS Growth 5Y

1.8%

Mkt Cap (Cr)

₹1,007 Cr

52W High

₹476

52W Low

₹220.5

Book Value/Share

₹179.5

Financial History

Period	Revenue	Op Profit	OPM%	PAT	EPS
TTM	₹978 Cr	₹102 Cr	10.0%	₹74 Cr	₹22.81
2025-03-31	₹806 Cr	₹84 Cr	10.0%	₹59 Cr	₹18.13
2024-03-31	₹726 Cr	₹61 Cr	8.0%	₹37 Cr	₹11.72
2023-03-31	₹684 Cr	₹69 Cr	10.0%	₹37 Cr	₹11.77
2022-03-31	₹584 Cr	₹80 Cr	14.0%	₹56 Cr	₹18.01
2021-03-31	₹355 Cr	₹43 Cr	12.0%	₹29 Cr	₹9.26
2020-03-31	₹346 Cr	₹50 Cr	15.0%	₹36 Cr	₹11.58
2019-03-31	₹452 Cr	₹67 Cr	15.0%	₹41 Cr	₹13.30
2018-03-31	₹395 Cr	₹61 Cr	15.0%	₹37 Cr	₹12.09
2017-03-31	₹306 Cr	₹52 Cr	17.0%	₹30 Cr	₹10.00

Compounded Growth Rates

Sales Growth

3Y+12.7%

5Y+22.5%

10Y—

Profit Growth

3Y+26.0%

5Y+20.6%

10Y—

EPS Growth

3Y+24.7%

5Y+19.8%

10Y—

Peer Comparison

Chemicals

Stock	Price	Fair Value	MoS%	P/E	ROE	Signal
MADRASFERT Madras Fertilizers Limited	₹60	₹246.1	+75.6%	130.7	451.3%	UNDERVALUED
OSWALSEEDS ShreeOswal Seeds And Chemicals Limited	₹10.8	₹41.2	+73.8%	26.9	11.8%	UNDERVALUED
KOTHARIPET Kothari Petrochemicals Limited	₹117.5	₹310.2	+62.1%	9	86.4%	UNDERVALUED
KOTARISUG Kothari Sugars And Chemicals Limited	₹24.1	₹45.6	+47.0%	37.2	12.9%	UNDERVALUED
AGROPHOS Agro Phos India Limited	₹31	₹54.2	+42.8%	11.2	13.9%	UNDERVALUED
ARIES Aries Agro Limited	₹358.4	₹620.4	+42.2%	10.3	9.9%	UNDERVALUED
EPIGRAL Epigral Limited	₹905	₹1,514.2	+40.2%	11.3	14.8%	UNDERVALUED
DEEPAKFERT Deepak Fertilizers and Petrochemicals Corporation Limited	₹982.5	₹1,402	+29.9%	14.3	13.5%	UNDERVALUED