Polyplex Corporation Ltd.

NSE: POLYPLEX BSE: 524051 SECTOR: Plastic Products  118k   1k   160

1135.70
+13.30 (1.18%)
NSE: 29 Mar 4:00 PM

Price Summary

Today's High

₹ 1157

Today's Low

₹ 1115

52 Week High

₹ 2870

52 Week Low

₹ 1101

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

3565.24 Cr.

Enterprise Value

3629.92 Cr.

No. of Shares

3.14 Cr.

P/E

7.28

P/B

3.67

Face Value

₹ 10

Div. Yield

9.14 %

Book Value (TTM)

₹  309.45

CASH

23.17 Cr.

DEBT

87.86 Cr.

Promoter Holding

50.97 %

EPS (TTM)

₹  156.02

Sales Growth

37.4%

ROE

76.34 %

ROCE

72.4%

Profit Growth

8.4 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

Please login to Add & View your own added ratios.

Login

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year37.4%
3 Year9.82%
5 Year13.6%

Profit Growth

1 Year8.4%
3 Year29.16%
5 Year60.79%

ROE%

1 Year76.34%
3 Year64.32%
5 Year50.07%

ROCE %

1 Year72.4%
3 Year59.95%
5 Year46.8%

Debt/Equity

0.12

Price to Cash Flow

25.08

Interest Cover Ratio

251.511971449223

CFO/PAT (5 Yr. Avg.)

0.34128269202153

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2022 50.97 0
Sep 2022 50.97 0
Jun 2022 50.97 0
Mar 2022 50.97 0
Dec 2021 50.97 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 29.1609341678692% for the Past 3 years.
  • The company has significantly decreased its debt by 73.417 Cr.
  • Company has been maintaining healthy ROE of 64.3208648173546% over the past 3 years.
  • Company has been maintaining healthy ROCE of 59.9459223844431% over the past 3 years.
  • Company has a healthy Interest coverage ratio of 251.511971449223.
  • Company’s PEG ratio is 0.867017529139429.
  • The company has an efficient Cash Conversion Cycle of 58.2039624381675 days.
  • The company has a high promoter holding of 50.97%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 9.15380107460985.

 Limitations

  • The company has shown a poor revenue growth of 9.81665651377037% for the Past 3 years.
  • Tax rate is low at 11.3740870025299.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
Net Sales 467.28 514.6 476.93 467.89 369.55
Total Expenditure 386.45 411.07 403.75 430.39 362.52
Operating Profit 80.83 103.53 73.18 37.5 7.03
Other Income 47.79 119.61 77.7 21.47 153.47
Interest 0.56 0.49 0.28 0.18 0.14
Depreciation 13.07 13.5 11.31 11.88 12.33
Exceptional Items 0 0 0 0 0
Profit Before Tax 114.99 209.15 139.29 46.91 148.03
Tax 17.87 25.3 19.23 8.55 0.52
Profit After Tax 97.12 183.85 120.06 38.36 147.51
Adjusted EPS (Rs) 30.94 58.57 38.25 12.22 46.99

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 1088.67 1347.66 1272.78 1298.95 1784.78
Total Expenditure 1009.95 1202.52 1122.55 1078.39 1513.8
Operating Profit 78.72 145.14 150.23 220.55 270.98
Other Income 63.98 191.91 220.09 338.59 336.97
Interest 15.84 4.85 2.76 2.87 2.21
Depreciation 47.51 45.07 54.51 57.39 51.2
Exceptional Items 0 0 0 0 0
Profit Before Tax 79.35 287.13 313.05 498.88 554.53
Tax 20.45 59.04 83.23 45.49 63.07
Net Profit 58.9 228.08 229.82 453.39 491.46
Adjusted EPS (Rs.) 18.41 71.31 71.85 144.43 156.55

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 32.56 32.56 32.56 31.97 31.97
Total Reserves 438.77 523.07 583.83 524.8 700.04
Borrowings 46.01 117.07 83.31 47.21 14.23
Other N/C liabilities -14.78 -15.97 7.58 1.93 0.63
Current liabilities 263.78 254.48 301.99 220.34 398.2
Total Liabilities 766.33 911.22 1009.27 826.25 1145.07
Assets
Net Block 316.23 327.02 357.47 324.39 311.56
Capital WIP 2.2 3.67 5.4 5.41 6.6
Intangible WIP 0 0 0 0 0
Investments 46.99 46.99 46.99 46.99 46.99
Loans & Advances 21.6 21.07 13.01 19.43 10.44
Other N/C Assets 6.72 6.6 2.97 2.94 2.84
Current Assets 372.58 505.88 583.43 427.09 766.64
Total Assets 766.33 911.22 1009.27 826.25 1145.07
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 79.35 287.13 313.05 498.88 554.53
Adjustment 18.99 -128.17 -133.42 -267.08 -269.75
Changes in Assets & Liabilities -71.06 -64.64 33.32 -31.57 -75.48
Tax Paid -15.18 -61.81 -58.18 -42.93 -67.15
Operating Cash Flow 12.1 32.51 154.77 157.3 142.16
Investing Cash Flow 21.85 111.38 67.68 350.57 270.53
Financing Cash Flow -32.58 -144.36 -220.85 -497.59 -410.41
Net Cash Flow 1.37 -0.48 1.61 10.29 2.28

Corporate Actions

Investors Details

PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Promoters 50.97 50.97 50.97 50.97 50.97
mahalaxmi trading ... - - 23.83 - 23.83
mahalaxmi trading ... 23.83 23.83 - - -
mahalaxmi trading ... - - - 23.83 -
secure investments... 17.31 17.31 17.31 - 17.31
secure investments... - - - 17.31 -
sanjiv sarita cons... 4.35 4.35 4.35 4.35 4.35
sakhi saraf 0.77 0.77 0.77 0.77 0.77
bhilangana hydro p... 0.65 0.65 0.65 0.65 0.65
utkarsh trading & ... 1.29 1.29 1.29 1.29 1.29
m/s utkarsh tradin... - - - - -
utkarsh trading & ... - - - - -
sanjiv saraf 1.02 1.02 1.02 1.02 1.02
amla saraf 0.81 0.81 0.81 0.81 0.81
sanjiv chadha 0.01 0.01 0.01 0.01 0.01
PARTICULARS Dec 2021% Mar 2022% Jun 2022% Sep 2022% Dec 2022%
Investors 49.03 49.03 49.03 49.03 49.03
il and fs trust co... 7.99 6.51 5.45 - -
reliance capital t... - - - - 5.57
reliance capital t... - - 4.79 - -
reliance capital t... 4.59 4.79 - 4.79 -
reliance capital t... - - - - -
keswani haresh - - - - -
haresh tikamdas k... - - - - -
ricky ishwardas ki... 2.80 2.85 2.85 2.36 2.07
keshwani haresh 3.47 3.44 - - -
haresh tikamdas ke... - - 3.44 3.44 3.39
il and fs trust co... - - - 2.49 1.17
dsp blackrock smal... - - - - -
akash bhanshali - - - - 1.64
finquest securitie... - - 1.29 - -
finquest securitie... 1.06 1.01 - - -
soyus trading comp... - 1.01 - - -
soyuz trading comp... - - 1.01 - 1.01
soyuz trading comp... - - - 1.01 -
iepf 0.66 0.66 0.66 0.66 0.69
investor education... - - - - -
foregin financial ... - - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

  • PresentationQ2FY21 3 Sep 2020
  • PresentationQ4FY21 27 May 2021
  • PresentationQ2FY22 22 Nov 2021
  • PresentationQ4FY22 21 Jun 2022
  • PresentationQ1FY21 18 Aug 2020
  • PresentationQ3FY22 17 Feb 2022
  • PresentationQ3FY21 11 Feb 2021

Company News

Polyplex Corporation informs about loss of shares certificate25 Mar 2023, 12:10PM Polyplex Corporation informs about issuance of letter of confirmation25 Mar 2023, 12:01PM Polyplex Corporation - Quaterly Results13 Feb 2023, 9:20PM Polyplex Corporation - Quaterly Results13 Feb 2023, 9:20PM Polyplex Corporation informs about loss of share ceritificate14 Dec 2022, 5:05PM Polyplex Corporation informs about loss of shares certificates2 Dec 2022, 5:18PM Polyplex Corporation - Quaterly Results14 Nov 2022, 9:05PM Polyplex Corporation - Quaterly Results14 Nov 2022, 9:05PM Polyplex Corporation - Quaterly Results12 Aug 2022, 5:20PM Polyplex Corporation - Quaterly Results12 Aug 2022, 5:20PM Polyplex Corporation - Quaterly Results12 Aug 2022, 5:20PM Polyplex Corporation - Quaterly Results25 May 2022, 8:30PM Polyplex Corporation - Quaterly Results25 May 2022, 8:30PM Polyplex Corporation informs about change in name of RTA19 Mar 2022, 3:15PM Polyplex Corporation informs about credit rating8 Mar 2022, 4:53PM Polyplex Corporation - Quaterly Results14 Feb 2022, 8:10PM Polyplex Corporation - Quaterly Results14 Feb 2022, 8:10PM Polyplex Corporation informs about trading window closure27 Dec 2021, 1:22PM Polyplex Corporation informs about loss of share certificates23 Dec 2021, 5:14PM Polyplex Corporation informs about loss of shares certificate25 Nov 2021, 4:38PM Polyplex Corporation informs about outcome of board meeting15 Nov 2021, 10:04AM Polyplex Corporation - Quaterly Results14 Nov 2021, 8:08PM Polyplex Corporation - Quaterly Results14 Nov 2021, 8:08PM Polyplex Corporation informs about disclosure15 Sep 2021, 4:25PM Polyplex Corporation informs about board meeting updates11 Aug 2021, 4:26PM Polyplex Corporation board recommends final dividend26 May 2021, 9:35AM Polyplex Corporation informs about issuance of duplicate shares certificate12 May 2021, 4:25PM Polyplex Corporation informs about disclosure29 Apr 2021, 3:41PM

Polyplex Corporation Stock Price Analysis and Quick Research Report. Is Polyplex Corporation an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Polyplex Corporation has a PE ratio of 7.26581433075479 which is low and comparatively undervalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Polyplex Corporation has ROA of 49.8610498929372 % which is a good sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Polyplex Corporation has a Current ratio of 1.92524791462415 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Polyplex Corporation has a ROE of 76.3362053499937 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Polyplex Corporation has a D/E ratio of 0.12 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Polyplex Corporation has an Inventory turnover ratio of 10.5884374468527 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Polyplex Corporation has reported revenue growth of 37.4018482835734 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Polyplex Corporation for the current financial year is 15.1826722847032 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Polyplex Corporation is Rs 104 and the yield is 9.1388 %.

Brief about Polyplex Corporation

X