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Southern Petrochemicals Industries Corporation Ltd (SPIC)

₹84.441.78%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹84.18
    ₹86
  • 52 Week's Low

    52 Week's High

    ₹62
    ₹107.5
1 Month Return+ 1.09 %
3 Month Return+ 6 %
1 Year Return+ 29.28 %
Previous Close₹85.97
Open₹86.00
Volume10.49L
Upper Circuit-
Lower Circuit-
Market Cap₹1,750.69Cr

Key Statistics

P/E Ratio14.02
PEG Ratio-1.61
Market Cap₹1,750.69 Cr
P/B Ratio1.3
EPS3.09

Company Information

Southern Petrochemical Industries Corporation Ltd (SPIC) is one of India’s leading fertilizer manufacturers, with seven production plants located in Tamil Nadu. SPIC has a portfolio of businesses in fertilizer, engineering, pharmaceuticals, biotech, and construction services. SPIC’s fertilizer division manufactures nitrogenous and phosphatic fertilizers, and the pharmaceutical division manufactures penicillinG drugs and other formulations, while the engineering division offers specialized and turnkey project-based solutions and agribusiness includes tissue culture plants hybrid seeds biofertilisers, among others. SPIC was established in 1969 in Chennai and in 1979 installed a Pure Gas Hydrogen Recovery Unit to increase Ammonia Production. Subsidiaries are spread across different sectors, like Orchard Microsystems Ltd, IndoJordan Chemicals Company Ltd, SPEL Semiconductor Ltd, and SPIC Fertilizers and Chemicals Ltd Mauritius.In the year 2021, SPIC made an arrangement with Indian Oil Corporation Ltd for using their tank farm facility at Tuticorin Port premises for handling a part of its imported Naphtha shipments. 25.33 MW DC/22.0 MW AC Floating Solar Project was also commissioned on 7th March 2022 by Greenam, an Associate Company. SPIC continues to diversify and develop its different production initiatives, with a focus on offering quality services to its customers across India.

Share Price: ₹84.44 per share as on 25 Jul, 2024 04:01 PM
Market Capitalisation: ₹1,750.69Cr as of today
Revenue: ₹120.05Cr as on March 2024 (Q1 24)
Net Profit: ₹-24.23Cr as on March 2024 (Q1 24)
Listing date: 03 Nov, 1994
Chairperson Name: Ashwin C Muthiah
OrganisationSouthern Petrochemicals Industries Corporation Ltd
Headquarters
IndustryFertilizers
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Key events for Southern Petrochemicals Industries Corporation Ltd

  • India Supports Strengthening Quality Standards for Spices at Global Meet - 03 Jul, 2024

    India has supported the advancement of quality standards for various spices, including small cardamom, turmeric, and vanilla, at a global meet in Rome. This initiative is significant for India as it would facilitate smoother international trade, being a major producer and exporter of these spices.

  • Food Regulator Cancels Licenses of 111 Spice Makers Due to Pesticide Contamination - 01 Jul, 2024

    India's food regulator, FSSAI, has cancelled the manufacturing licenses of 111 spice makers due to excessive levels of ethylene oxide, a cancer-causing pesticide. The samples include those from big names such as Everest, MDH, Catch, and Badshah, among many others.

  • India's Spices Exports Reach Record High of $4.46 Billion in FY24 - 18 Jun, 2024

    India's spices and spice products exports reached an all-time high of $4.46 billion in FY23-24, with red chilli exports up by 15% to a record $1.5 billion driven by robust demand from China and Bangladesh. The surge in exports reflects the growing recognition and preference for Indian spices worldwide.

  • Spices Board Imposes Restrictions on Cardamom Repooling at Auctions - 07 Jun, 2024

    The Spices Board has imposed restrictions on the re-pooling of cardamom at auction platforms to reduce re-pooling. Licensed dealers can only pool up to 25% of the total quantity put to auction, and no dealer is allowed to purchase the same lot they pooled in any auction. These new rules aim to prevent vendor groups from flooding auctions with large quantities of cardamom.

Insights on Southern Petrochemicals Industries Corporation Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, SPIC stock has moved up by 1.6%

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 48.98% to 53.38% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 40.78% to 44.56% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Fertilizers & Chemicals Travancore Ltd has given 649.2% return, outperforming this stock by 615.6%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Fertilizers & Chemicals Travancore Ltd has given 114.9% return, outperforming this stock by 85.6%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 756.14 Cr → 137.18 Cr (in ₹), with an average decrease of 52.4% per quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 52.63 Cr → -24.23 Cr (in ₹), with an average decrease of 104.8% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.45% to 0.38% in Mar 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹120.05Cr
↓76.20%
Net Income
-₹24.23Cr
↓172.81%
Net Profit Margin
-20.18%
↓405.76%
2023Y/Y Change
Revenue
₹2,828.82Cr
↑50.88%
Net Income
₹300.71Cr
↑84.10%
Net Profit Margin
10.63%
↑22.04%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹2,119.09Cr
↑31.16%
Total Liabilities
₹1,233.07Cr
↑23.15%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
-₹30.66Cr
↓71.06%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
53.38%
0.00
Foreign Institutions
0.38%
0.00
Mutual Funds
0.01%
0.00
Retail Investors
44.56%
0.00
Others
1.67%
0.00

Key Indicators

Southern Petrochemicals Industries Corporation Ltd Valuation

Southern Petrochemicals Industries Corporation Ltd in the last 5 years

  • Overview

  • Trends

Lowest (3.52x)

April 1, 2020

Today (14.02x)

July 24, 2024

Industry (29.45x)

July 24, 2024

Highest (15.22x)

June 20, 2024

LowHigh

Earnings and Dividends

  • Southern Petrochemicals Industries Corporation Ltd Earnings Results

    Southern Petrochemicals Industries Corporation Ltd’s net profit fell -195.13% since last year same period to ₹-24.23Cr in the Q4 2023-2024. On a quarterly growth basis, Southern Petrochemicals Industries Corporation Ltd has generated -172.81% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Southern Petrochemicals Industries Corporation Ltd Dividends May,2023

    In the quarter ending March 2023, Southern Petrochemicals Industries Corporation Ltd has declared dividend of ₹1.50 - translating a dividend yield of 1.74%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Southern Petrochemicals Industries Corporation Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Southern Petrochemicals Industries Corporation Ltd (SPIC) share price today is ₹84.44

Southern Petrochemicals Industries Corporation Ltd is listed on NSE

Southern Petrochemicals Industries Corporation Ltd is listed on BSE

  • Today’s highest price of Southern Petrochemicals Industries Corporation Ltd is ₹86.
  • Today’s lowest price of Southern Petrochemicals Industries Corporation Ltd is ₹84.18.

PE Ratio of Southern Petrochemicals Industries Corporation Ltd is 14.02

PE ratio = Southern Petrochemicals Industries Corporation Ltd Market price per share / Southern Petrochemicals Industries Corporation Ltd Earnings per share

Today’s traded volume of Southern Petrochemicals Industries Corporation Ltd(SPIC) is 10.49L.

Today’s market capitalisation of Southern Petrochemicals Industries Corporation Ltd(SPIC) is ₹1750.69Cr.

Southern Petrochemicals Industries Corporation Ltd(SPICPrice
52 Week High
₹107.5
52 Week Low
₹62

Southern Petrochemicals Industries Corporation Ltd(SPIC) share price is ₹84.44. It is down -21.45% from its 52 Week High price of ₹107.5

Southern Petrochemicals Industries Corporation Ltd(SPIC) share price is ₹84.44. It is up 36.19% from its 52 Week Low price of ₹62

Southern Petrochemicals Industries Corporation Ltd(SPICReturns
1 Day Returns
-1.53%
1 Month Returns
1.09%
3 Month Returns
6%
1 Year Returns
29.28%