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    Cochin Minerals

    Kerala-based chemical manufacturer of synthetic rutile (a titanium feedstock) along with water-purifying chemicals like ferric and ferrous chloride.

    Chemicals
    Commodities

    Overview

    Price

    Market Cap

    ₹198 Cr

    Sector

    Chemicals

    Commodities

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital88888888
    Reserves697884138141158158164
    Borrowings090561126
    Other Liabilities7622873286893070
    Total Liabilities154116179183240265198248
    AssetsFixed Assets1818171717181923
    CWIP55555670
    Investments1414141415141515
    Other Assets11679142147203227158210
    Total Assets154116179183240265198248

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating1336-98-46129
    Cash from Investing-3-1-10100-3
    Cash from Financing-5-367-92-6-1-11
    SummaryCapital Expenditure
    Free Cash Flow1235-108-44-223
    FCF Margin

    Valuation

    Assumptions

    Current — 513353
    Price
    ₹250
    EPS (TTM)
    ₹15.99
    PE (TTM)
    15.6
    Profit growth
    -39.5%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (12.6×) and current (15.6×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹250
    vs
    Fair value · 15% return
    ₹6
    98%Overvalued

    At -39.5% growth and a 13× exit, ₹250 only delivers your return if you pay ₹6. The price is currently baking in 22% growth.

    EPS grows -39.5%/yr for 5 years, then fades to 6% over 2, exits at 13×.

    YearGrowthEPS (₹)
    FY27-39.5%9.67
    FY28-39.5%5.85
    FY29-39.5%3.54
    FY30-39.5%2.14
    FY31-39.5%1.30
    FY32-16.8% ·fade1.08
    FY336.0% ·fade1.14

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Cochin Minerals

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