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Southern Petrochemicals Industries Corporation Ltd dividend

Southern Petrochemicals Industries Corporation Ltd dividend

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₹ 1.0 Cr

Volume transacted

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114.1 K

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Last Updated time: 17 Jul 15:30 PM

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Southern Petrochemicals Industries Corporation Ltd

NSE: SPIC

DPS

1.5

Last updated : FY 2023

Key Highlights

    The Dividend per Share of Southern Petrochemicals Industries Corporation Ltd is ₹ 1.5 as of 2023 .a1#The Dividend Payout of Southern Petrochemicals Industries Corporation Ltd changed from 7.25 % on March 2019 to 10.74 % on March 2023 . This represents a CAGR of 21.71% over 2 years. a1#The Latest Trading Price of Southern Petrochemicals Industries Corporation Ltd is ₹ 86.51 as of 16 Jul 15:30 .a1#The Market Cap of Southern Petrochemicals Industries Corporation Ltd changed from ₹ 518.26 crore on March 2019 to ₹ 1151 crore on March 2023 . This represents a CAGR of 17.32% over 5 years. a1#The Revenue of Southern Petrochemicals Industries Corporation Ltd changed from ₹ 759.71 crore to ₹ 137.18 crore over 8 quarters. This represents a CAGR of -57.51% a1#The EBITDA of Southern Petrochemicals Industries Corporation Ltd changed from ₹ 92.02 crore to ₹ -9.46 crore over 8 quarters. This represents a CAGR of NaN% a1#The Net Pr of Southern Petrochemicals Industries Corporation Ltd changed from ₹ 71.81 crore to ₹ -24.23 crore over 8 quarters. This represents a CAGR of NaN% a1#

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Company Fundamentals For Southern Petrochemicals Industries Corporation Ltd

Market Cap

1,761 Cr

EPS

7.1

P/E Ratio (TTM) *

12.1

P/B Ratio (TTM) *

1.6

DTE *

0.4

ROE *

13.5

ROCE *

16.2

Dividend Yield *

2.65

DPS *

1.5

Dividend Payout *

10.74

Ann.Dividend % *

15

* All values are consolidated

Last Updated time: 17 Jul 15:30 PM

* All values are consolidated

Last Updated time: 17 Jul 15:30 PM

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Historical Dividend Payout of Southern Petrochemicals Industries Corporation Ltd

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Historical Dividend Payout of Southern Petrochemicals Industries Corporation Ltd

Period
Mar '190
Mar '200
Mar '210
Mar '227
Mar '2311

* All values are a in %

Dividend per Share (DPS) Over Time

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DIVIDENDYIELD

Dividend Yield is a financial ratio that shows the annual dividend income relative to the market price of a share. It is calculated by dividing the dividend per share by the current market price per share, expressed as a percentage.

Dividend Yield Comparison With Top Peers

1M

1Y

3Y

5Y

* All values are in %

Net Profit Vs Dividend Per Share

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Southern Petrochemicals Industries Corporation Ltd

NSE: SPIC

PRICE

86.51

-0.76 (-0.87%)

stock direction

Last updated : 16 Jul 15:30

SWOT Analysis Of Southern Petrochemicals Industries Corporation Ltd

Strength

3

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

Overview of Dividend

Types of Dividend


Special Dividend

A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.


Preferred Dividend

A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.


Interim Dividend

Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.


Final Dividend

A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:


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Historical Market Cap of Southern Petrochemicals Industries Corporation Ltd

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Historical Market Cap of Southern Petrochemicals Industries Corporation Ltd

Period
Mar '19518
Mar '20241
Mar '21596
Mar '221458
Mar '231152

* All values are a in crore

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Historical Revenue of Southern Petrochemicals Industries Corporation Ltd

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Historical Revenue of Southern Petrochemicals Industries Corporation Ltd

Period
Jun '22760
Sep '22719
Dec '22713
Mar '23679
Jun '23579
Sep '23756
Dec '23520
Mar '24137

* All values are a in crore

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Historical EBITDA of Southern Petrochemicals Industries Corporation Ltd

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

Historical EBITDA of Southern Petrochemicals Industries Corporation Ltd

Period
Jun '2292
Sep '22133
Dec '22112
Mar '2359
Jun '2392
Sep '2397
Dec '2370
Mar '24-9

* All values are a in crore

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Historical Net Profit of Southern Petrochemicals Industries Corporation Ltd

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Historical Net Profit of Southern Petrochemicals Industries Corporation Ltd

Period
Jun '2272
Sep '22114
Dec '2290
Mar '2325
Jun '2351
Sep '2353
Dec '2333
Mar '24-24

* All values are a in crore

About Southern Petrochemicals Industries Corporation Ltd

About Southern Petrochemicals Industries Corporation Ltd

    Southern Petrochemical Industries Corporation Ltd is one of largest Indian fertilizer manufacturers. The company is engaged in the manufacture/ import and sale of nitrogenous and phosphatic fertilizers, besides business interests in engineering, biotech and pharmaceuticals. They have seven manufacturing units spread across Tamil Nadu. Their subsidiaries include Orchard Microsystems Ltd, SPIC Petrochemicals Ltd, SPEL Semiconductor Ltd, Indo-Jordan Chemicals Company Ltd, Ind-Ital Chemicals Ltd and SPIC Fertilizers and Chemicals Ltd, Mauritius. The company operates in four divisions, namely fertilisers, pharmaceuticals, engineering & construction services and agri-business divisions. Their fertilisers division manufactures fertilisers and intermediates; the pharmaceuticals division manufactures penicillin-G and other formulations. The engineering division offers specialized and turnkey project-based solutions and agri-business includes tissue culture plants, hybrid seeds, bio-fertilisers etc. The pharmaceuticals division consists of four strategic sub-divisions, namely penicillin-G, APIs, finished dosage products and industrial enzymes. Southern Petrochemical Industries Corporation Ltd was incorporated in the year 1969 at Chennai. In the year 1979, the company installed a pure Gas Hydrogen Recovery Unit to increase Ammonia Production. In the year 1983, they acquired two chemicals tankers, namely 'Spic Pearl' and 'Spic Emerald' for regular delivery of phosphoric acid from overseas supplies to their plants. During the year, they promoted Tamilnadu Petroproducts Ltd in the joint sector along with TIDCO, SPIC Electronics & Systems Ltd for manufacture of IC Chips and Manali Petrochemical Ltd for manufacture of Propylene Oxide Propylene Glycol & Polycol. In February 1992, the company came out with a Zero bond rights issue to part-finance their project of gas, fertilisers, chemicals and drugs. During the year, they co-promoted National Aromatics and Petrochemicals, to manufacture value-added products and import substitutes. In the year 1995, the company signed an MoU with Gelman Sciences of USA for manufacturing membrane filters for industrial health care operations. In July 1995, their Penicillin-G plant at Cuddalore started their commercial production. In the year 1996, the company with Israeli technical collaboration commissioned Floriculture EOU for Rose cut flowers. The Heavy Chemicals Division entered into an agreement with Chlorine Engineers Corporation, Japan for the supply of technical know-how and basic engineering for putting up Membrane Cell Conversion Project at their existing plant in Manali. During the year 1996-97, the pharmaceutical division commenced commercial production of several ethical formulations at its plant at Maraimalai Nagar. In the year 1997, the company signed an agreement with M W Kellogg, UK for their USD 160 million fertiliser complex in Dubai through their wholly owned subsidiary company named SPIC Fertilisers and Chemicals FZE. In addition, they signed an agreement with Universal Investments, New Zealand for forming a joint venture company that would process foods and export them. During the year 1997-97, they increased the installed capacity of Caustic Soda to 82,500 MT and Liquid Chlorine to 50,000 MT. In the year 1998, they diversified into hospitality sector and entered into a marketing tie-up with Radisson Hotels International Inc of USA. During the year 2000-2001, as a measure of consolidation, the company sold the Chlor Alkali division to Tamilnadu Petroproducts Ltd. In addition, they divested their stake in SPIC PHI Seeds Ltd. The company also launched Biodart enzyme formulations for textile and poultry feed. In the year 2002, the company sold their 49 per cent share in Caltex-Spic to their joint venture partner Caltex oil corporation. In September 2002, they commissioned 18.6 MW captive power plant. During the year 2003-04, the company commissioned the facility for the manufacture of complex fertiliser. The Agro Biotech division commissioned a turnkey project for neem-based biopesticide plant in Malaysia. In addition, the division launched two new hybrids in corn and one new hybrid in sunflower. During the year, Spic Petrochemicals Ltd became a wholly owned subsidiary of the company. During the year 2004-05, the company increased the production capacity of Penicillin-G by 1000 tonnes to 2000 tonnes. The Engineering/ Construction Services Division completed two major projects and commissioned during the year. During the year 2005-06, as per the scheme of amalgamation, the assets and liabilities of the erstwhile subsidiaries, SPIC Holdings and Investments Ltd, SPIC Biotechnologies Ltd and Mitocon Biotec Ltd were transferred to and vested in the Company with effect from March 31, 2006. SPEL Semiconductor Ltd, a subsidiary company incorporated a wholly owned subsidiary company, SPEL America Inc in USA to concentrate on marketing services for SPEL. During the year 2007-08, the company increased the production capacity of Urea by 108,400 tonnes to 620,400 tonnes. They also increased the production capacity of aluminium fluoride by 7,440 tonnes to 10,000 tonnes. The Agri-business division launched new hybrids in tomato and okra for commercial marketing. EDAC Engineering Ltd (formerly known as SPIC JEL Engineering Construction Ltd) ceased to be a joint venture with effect from October 23, 2007, pursuant to the sale of investment by the joint venture partner. The bio-mass fired 4.2 MW co-generation captive power plant was commissioned and integrated with the existing plants in 2008-09. Two major rural electrification works launched under the aegis of the Ministry of Power for Power Grid Corporation of India , in Jhalawar Dist. of Rajasthan and in Mau, Ballia and Azamgarh districts of Uttar Pradesh and the 400 kV double circuit Neyveli-Perambalur transmission line Project in Tamil Nadu were completed during the year 2009-10. During August 2010, the Company commissioned Single Super Phosphate Plant with a capacity of 350 MT per day. The production of Urea was recommenced from Oct'10. The execution of Supply Agreement during April '10 with Indian Oil Corporation Ltd. to source naphtha and furnace oil resulted in the recommencement of operations of its nitrogenous fertiliser plants from Oct 10. SPIC ABC signed MOU with ICAR-CPCRI, Kasargod, Kerala for technology transfer and started production in businesses of Production of Arecanut plants through Tissue Culture Technology, Vermi Compost Production from fallen coconut leaves and production of Vermi Compost from waste coir pith during 2017-18. Conversion of Ammonia plant Centum XL DCS to latest state of art technology Centum VP DCS and August PLC system to Pro safe PLC system was completed. Erection of NG lines to reformer, boiler & dual burner for auxiliary boiler north got completed. During 2021, the Company made an arrangement with Indian Oil Corporation for using their tank farm facility at Tuticorin Port premises for handling a part of SPIC's Imported Naphtha shipments. Supply of High pressure Natural Gas commenced from 2nd Aug 2021. In line with the Plants to be gas based, NG conversion and improvement in activities was completed in March 2022. 25.33 MW DC / 22.0 MW AC Floating Solar Project was commissioned on 7th March 2022 by Greenam an Associate of Company.

Southern Petrochemicals Industries Corporation Ltd News Hub

News

Board of Southern Petrochemicals Inds. Corpn. recommends final dividend

Southern Petrochemicals Inds. Corpn. announced that the Board of Directors of the Company ...

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17 May 202410:12

News

Southern Petrochemicals Inds. Corpn. to hold board meeting

Southern Petrochemicals Inds. Corpn. will hold a meeting of the Board of Directors of the ...

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11 May 202412:56

News

Southern Petrochemicals Inds. Corpn. to hold board meeting

Southern Petrochemicals Inds. Corpn. will hold a meeting of the Board of Directors of the ...

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08 Feb 202417:47

News

Southern Petrochemicals Industries Corporation restarts operationa at Tuticorin

Southern Petrochemicals Industries Corporation announced that the company's plants at Tuti...

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20 Dec 202318:53

News

Southern Petrochemicals Inds. Corpn. to hold AGM

Southern Petrochemicals Inds. Corpn. announced that the 52th Annual General Meeting (AGM) ...

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12 Aug 202317:05

News

Southern Petrochemicals Inds. Corpn. to discuss results

Southern Petrochemicals Inds. Corpn. will hold a meeting of the Board of Directors of the ...

Read more

08 Aug 202311:04

FAQs for dividends of Southern Petrochemicals Industries Corporation Ltd

What is the current market price of Southern Petrochemicals Industries Corporation Ltd Ltd as of July 17, 2024?

The current market price of Southern Petrochemicals Industries Corporation Ltd Ltd stands at 86.5 per share.

What dividend did Southern Petrochemicals Industries Corporation Ltd declare in the last fiscal year?

In the last fiscal year, Southern Petrochemicals Industries Corporation Ltd declared a dividend totaling ₹1.5.

What is the most recent dividend declared by Southern Petrochemicals Industries Corporation Ltd?

Southern Petrochemicals Industries Corporation Ltd recently declared a dividend of 0.0 in the latest quarter

How many times has Southern Petrochemicals Industries Corporation Ltd declared dividends in the current fiscal year

Southern Petrochemicals Industries Corporation Ltd has declared dividends 4 times totaling ₹0 in the current fiscal year (FY2023-2024).

How many times did Southern Petrochemicals Industries Corporation Ltd declare dividends in the previous fiscal year?

In the previous fiscal year (FY2022-2023), Southern Petrochemicals Industries Corporation Ltd declared dividends 4 times totaling ₹0.
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