MarketFriction

Excel Crop Care Ltd(Merged)

NSE EXCELCROP · BSE 532511
₹3,194.20 -0.21%
NSE close2019-08-28
Market cap₹3,514 Cr.
P/E48.4
Merged or delisted Delivery 43.1%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019
Sales267178236296385259207400409232273379
Expenses227171227257312237202337340225261338
Operating Profit40793972215626871241
OPM %15%4.0%3.7%13%19%8%2.3%16%17%2.9%4.3%11%
Other Income213111111000
Interest000000110011
Depreciation545444545455
Profit before tax3747366917059643735
Tax %27%30%16%33%34%25%447%34%35%4%27%33%
Net Profit2736244513-138422524
EPS in Rs24.472.445.4521.7441.0511.71-0.4735.0037.982.244.3021.45
Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018TTM
Sales4796786147206727559529948629461,1471,293
Expenses4436405646336237058498917708481,0101,165
Operating Profit3639508749511031039298137128
OPM %8%6%8%12%7%7%11%10%11%10%12%10%
Other Income172924-3161211101531
Interest10159101413563122
Depreciation789131414141718171720
Profit before tax36445762223097918295122108
Tax %36%37%34%29%28%29%30%29%27%26%33%
Net Profit232837441621676460708173
EPS in Rs21.2925.2734.0439.7214.1919.4761.1458.6254.1664.0473.9265.97
Dividend Payout %23%20%18%9%14%15%20%21%23%18%12%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth9%9%5%3%
Compounded Profit Growth13%31%11%-24%
Stock Price CAGR9%%%%
Return on Equity17%18%16%17%
Mar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Equity Capital666666666666
Reserves98113134164203216233284331374430515
Borrowings12212414814512313175427119010
Other Liabilities92122139167158218194298236243294382
Total Liabilities317365427482488571507629643642729912
Fixed Assets8090101108114130129136153171188202
CWIP1122346677116
Investments7633755591112
Other Assets229268321369364431367482473453529702
Total Assets317365427482488571507629643642729912
Mar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Cash from Operating Activity112527356859725535946617
Cash from Investing Activity-15-18-20-17-30-481-14-35-34-10-28
Cash from Financing Activity9-9-8-19-41-13-69-428-72-528
Net Cash Flow5-2-1-1-2-24-09-114-3
Free Cash Flow-4751842306030-35835-12
CFO/OP94%99%69%114%101%136%157%85%58%127%88%41%
Mar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Debtor Days1078771987689695766698379
Inventory Days116124117153142165112145132148178196
Days Payable108113821281021439913696116162174
Cash Conversion Cycle11698106123117110816610210199101
Working Capital Days128110991211031058070869393105
ROCE %16%20%22%22%25%12%13%29%24%19%20%26%
Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019
Promoters24.72%64.97%64.97%64.97%64.97%64.97%64.97%64.97%64.97%64.97%64.97%64.97%
FIIs0.09%0.19%0.18%0.18%0.20%0.20%0.23%0.26%0.23%0.26%0.26%0.26%
DIIs9.49%9.48%9.49%9.49%9.48%7.82%6.65%6.72%6.67%6.65%6.67%6.68%
Government0.00%0.00%0.00%0.00%0.00%0.51%0.00%0.00%0.00%0.00%0.00%0.00%
Public65.70%25.37%25.36%25.36%25.35%26.50%28.15%28.05%28.13%28.12%28.11%28.10%
No. of Shareholders10,79010,80410,78610,71310,62910,68811,44311,30911,40511,47011,56011,537

Fundamentals

Market Cap₹ 3,514 Cr.
Current Price₹ 3,194
Stock P/E48.4
Book Value₹ 542
ROCE25.5 %
ROE17.0 %
Dividend Yield0.00 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)3%
Compounded Profit Growth (TTM)-24%
Standalone figures.
Valuation
Market capRs 3,515 Cr
Enterprise valueRs 3,517 Cr
P/E (TTM)48.45x
Price to book6.76x
Price to sales2.72x
EV / EBITDA27.17x
EV / EBIT32.04x
EV / sales2.72x
Price to cash flow211.77x
Earnings yield2.06%
Dividend yield0.27%
P/E, 3-year average29.92x
P/B, 3-year average4.73x
P/E, 5-year average22.45x
P/B, 5-year average3.77x
Profitability
Operating margin (excl. other income)11.97%
Operating margin (incl. other income)12.21%
EBITDA margin10.01%
Pre-tax margin8.35%
Net profit margin5.61%
Net margin, latest quarter6.23%
ROE17.02%
ROCE25.52%
ROA9.91%
ROE, 3-year average16.99%
ROCE, 3-year average23.20%
ROA, 3-year average9.82%
ROE, 5-year average19.41%
ROCE, 5-year average25.41%
ROA, 5-year average10.29%
ROIC (approx.)14.07%
Tax rate33.14%
Other income / net worth0.53%
Growth
Sales growth (latest year)21.31%
Profit growth (latest year)15.43%
Sales CAGR, 3 years4.90%
Sales CAGR, 5 years8.71%
Profit CAGR, 3 years8.04%
Profit CAGR, 5 years30.58%
Sales growth QoQ38.64%
Profit growth QoQ398.73%
Sales growth YoY (latest quarter)-5.23%
Profit growth YoY (latest quarter)-38.73%
Per share
EPS (TTM)Rs 65.93
EPS (latest year)Rs 73.88
EPS (latest quarter)Rs 21.43
EPS, 3-year averageRs 64.01
EPS, 5-year averageRs 62.34
Book value per shareRs 472.51
Sales per shareRs 1,174.64
Cash flow per shareRs 15.08
Free cash flow per shareRs -10.90
Dividend per share (latest year)Rs 8.74
Dividend per share, 3-year averageRs 10.91
Dividend per share, 5-year averageRs 11.54
Dividends
Dividend payout11.83%
Dividend payout, 3-year average17.62%
Dividend payout, 5-year average18.93%
Efficiency
Asset turnover1.26x
Fixed asset turnover5.68x
Inventory turnover2.47x
Inventory days148 days
Debtor days79 days
Debtors turnover4.63x
Creditor days174 days
Cash conversion cycle101 days
Working capital days105 days
Leverage
Total debtRs 10 Cr
Cash and bankRs 9 Cr
Net debtRs 1 Cr
Debt to equity0.02x
Net debt / EBITDA0.01x
Interest coverage60.98x
Owners' fund to total sources57.01%
Debt to assets1.11%
Cash flow
Cash from Operating Activity (latest year)Rs 17 Cr
Cash from Investing Activity (latest year)Rs -28 Cr
Cash from Financing Activity (latest year)Rs 8 Cr
Net Cash Flow (latest year)Rs -3 Cr
Free cash flow (latest year)Rs -12 Cr
Cash from ops / profit, 5 years0.78x
Sales to cash flow69.10x
Statement figures
Net sales (TTM)Rs 1,293 Cr
Net sales (latest year)Rs 1,147 Cr
Sales (latest quarter)Rs 379 Cr
Operating profit excl. other income (latest year)Rs 137 Cr
Operating profit (latest quarter)Rs 41 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 129 Cr
PBDT (TTM)Rs 128 Cr
Profit before tax (TTM)Rs 108 Cr
Tax (latest year)Rs 40 Cr
Net profit (TTM)Rs 73 Cr
Net profit (latest year)Rs 81 Cr
Net profit (latest quarter)Rs 24 Cr
Depreciation (TTM)Rs 20 Cr
Depreciation (latest quarter)Rs 5 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 836 Cr
Total expenditure (latest year)Rs 1,010 Cr
Total income (latest year)Rs 1,150 Cr
Share capitalRs 6 Cr
ReservesRs 515 Cr
Shareholders' fundsRs 520 Cr
Total assetsRs 912 Cr
Net blockRs 202 Cr
Capital work in progressRs 6 Cr
InvestmentsRs 2 Cr
ReceivablesRs 248 Cr
InventoryRs 339 Cr
Other liabilitiesRs 382 Cr
Shares outstanding (crore)1.10
Ownership
Promoter holding64.97% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 48.5 is at the 89th percentile of its own 2.9-year range (median 38.1, low 26.4, high 59.3).
P/B 6.76 is at the 54th percentile (median 6.56).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodEXCELCROPNifty 50Difference
1 week+27.1%-2.8% +29.9 pts
1 month+17.8%-6.8% +24.6 pts
3 months+4.5%-7.6% +12.1 pts
6 months+8.0%+0.4% +7.6 pts
1 year-28.6%-9.9% -18.7 pts
2 years+79.2%-13.6% +92.7 pts
3 years+154.8%+14.2% +140.6 pts
5 years+225.5%+27.9% +197.6 pts

Red flags

F-score 4 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2019
Sales ₹379 Cr -5.2% vs Jun 2018. Net profit ₹24 Cr -36.8%.

Activity

Compare
No listed peers in this industry.
No bulk or block deals on record.
Ex-dateActionFactor
2019-06-11 Interim Dividend - Rs 6.25 Per Share
2018-07-19 Annual General Meeting/Dividend- Rs 8.75 Per Share
2017-07-13 Annual General Meeting
2016-07-21 Annual General Meeting/ Dividend - Rs 12.50/- Per Share + Interim Dividend - Rs 11.50 Per Share (Purpose Revised)
2015-09-10 Annual General Meeting/ Dividend - Rs 12.50/- Per Share
2014-08-27Annual General Meeting / Dividend - Rs 12.50/- Per Share
2013-07-18Annual General Meeting And Dividend Rs.3/- Per Share
2012-07-12Annual General Meeting/ Dividend Rs.2 Per Share
2011-07-14Annual General Meeting And Dividend Rs.3.75 Per Share
2010-07-15Annual General Meeting / Dividend Rs 6.25 Per Share
2009-07-02Agm/Div-Rs.5/- Per Share
2008-07-03Agm/Dividend - 100%
2007-07-19Agm/Dividend-75%
2006-07-17Agm/Dividend-75%
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Excel Crop Care Ltd(Merged)?

Excel Crop Care Ltd(Merged) (EXCELCROP) has a market capitalisation of Rs 3,514 Cr. at the 2019-08-28 close.

What is the P/E ratio of Excel Crop Care Ltd(Merged)?

Excel Crop Care Ltd(Merged) trades at a P/E of 48.4 on trailing twelve-month profit, at the 2019-08-28 close.

What were Excel Crop Care Ltd(Merged)'s latest quarterly results?

In the Jun 2019 quarter, Excel Crop Care Ltd(Merged) sales was Rs 379 Cr (-5.2% vs Jun 2018) and net profit was Rs 24 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03