Prima Plastics Ltd.

BSE: 530589 SECTOR: Plastic Products  8065   21   1

155.00
+7.30 (4.94%)
BSE: Today, 02:30 PM

Price Summary

Today's High

₹ 159.95

Today's Low

₹ 147

52 Week High

₹ 149

52 Week Low

₹ 0

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationAttractive
The stock is considerably attractive based on intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

170.51 Cr.

Enterprise Value

218.74 Cr.

No. of Shares

1.1 Cr.

P/E

38.33

P/B

2.39

Face Value

₹ 10

Div. Yield

1.01 %

Book Value (TTM)

₹  64.98

CASH

2.04 Cr.

DEBT

50.27 Cr.

Promoter Holding

58.33 %

EPS (TTM)

₹  4.04

Sales Growth

20.96%

ROE

-2.5 %

ROCE

0.47%

Profit Growth

-139.62 %

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

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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

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* 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 Year20.96%
3 Year-0.21%
5 Year5.6%

Profit Growth

1 Year-139.62%
3 Year-167.99%
5 Year-170.55%

ROE%

1 Year-2.5%
3 Year2.29%
5 Year5.5%

ROCE %

1 Year0.47%
3 Year4.12%
5 Year7.52%

Debt/Equity

0.7499

Price to Cash Flow

-24.28

Interest Cover Ratio

0.226194869902196

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2023 58.33 0
Dec 2022 58.33 0
Sep 2022 58.36 0
Jun 2022 58.4 0
Mar 2022 58.41 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has a high promoter holding of 58.33%.

 Limitations

  • The company has shown a poor profit growth of -167.991255036244% for the Past 3 years.
  • The company has shown a poor revenue growth of -0.208965476576917% for the Past 3 years.
  • Company has a poor ROE of 2.28551345876097% over the past 3 years.
  • Company has a poor ROCE of 4.11757405204597% over the past 3 years
  • Company has low Interest coverage ratio of 0.226194869902196.
  • Company has negative cash flow from operations of -7.0222.
  • Tax rate is low at -2.42651880999225.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Net Sales 33.02 22.7 36.08 43.12 36.9
Total Expenditure 31.72 23.48 32.76 38.65 32.54
Operating Profit 1.3 -0.78 3.32 4.48 4.37
Other Income 0.14 0.14 0.13 0.23 2.49
Interest 0.8 0.81 1.09 1.14 1.26
Depreciation 0.84 1.01 1.12 1.17 2.16
Exceptional Items 0 0 0 0 0
Profit Before Tax -0.19 -2.46 1.24 2.39 3.45
Tax 0.12 0.09 -0.72 0.84 -0.04
Profit After Tax -0.31 -2.55 1.96 1.55 3.49
Adjusted EPS (Rs) -0.28 -2.31 1.78 1.41 3.17

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

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 94.13 111.4 98.73 91.52 110.7
Total Expenditure 84.54 104.82 92.42 85.46 107.42
Operating Profit 9.58 6.58 6.3 6.06 3.29
Other Income 3.9 4.78 1.03 3.81 0.52
Interest 1.55 2.48 1.83 1.05 2.17
Depreciation 1.47 2.01 3.19 3.33 3.32
Exceptional Items 0 0 0 0 0
Profit Before Tax 10.46 6.87 2.32 5.48 -1.68
Tax 2.92 1.41 0.33 1.15 0.04
Net Profit 7.54 5.47 1.98 4.34 -1.72
Adjusted EPS (Rs.) 6.85 4.97 1.8 3.94 -1.56

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 11 11 11 11 11
Total Reserves 52.84 55.62 54.99 59.23 56.04
Borrowings 3.6 3.56 2.35 0.55 10.78
Other N/C liabilities 2.58 2.46 2.63 3.24 2.73
Current liabilities 29.3 31.49 23.61 25.95 47.83
Total Liabilities 99.33 104.14 94.58 99.98 128.37
Assets
Net Block 25.01 24.93 25.42 24.77 26.95
Capital WIP 0.06 0.12 0.11 3.27 16.48
Intangible WIP 0 0 0 0 0
Investments 4.22 4.22 4.22 4.22 4.22
Loans & Advances 15.7 16.36 9.7 9.55 3.32
Other N/C Assets 0.13 0.25 0.11 0.16 0.09
Current Assets 54.21 58.25 55.02 58.02 77.32
Total Assets 99.33 104.14 94.58 99.98 128.37
* 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 10.46 6.87 2.32 5.48 -1.68
Adjustment -0.77 0.64 5.3 1.09 4.81
Changes in Assets & Liabilities -23.47 -6.76 12.16 -2.91 -9.9
Tax Paid -3.32 -1.24 -0.67 -1.08 -0.26
Operating Cash Flow -17.11 -0.49 19.12 2.59 -7.02
Investing Cash Flow -3.31 2.98 -0.53 -3.3 -17.8
Financing Cash Flow 19.38 -3.41 -16.06 -1.99 25.14
Net Cash Flow -1.04 -0.91 2.54 -2.69 0.31

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Promoters 58.41 58.40 58.36 58.33 58.33
dilip manharlal pa... 23.78 23.78 23.78 23.78 23.78
bhaskar manharlal ... 23.20 23.20 23.20 23.20 23.20
shashikala manhar ... 4.42 4.42 4.42 4.42 4.42
madhavi dilip pare... 3.70 3.70 3.70 3.70 3.70
chhaya bhaskar par... 1.97 1.97 1.97 1.97 1.97
pratik bhaskar par... 1.05 1.05 1.05 1.05 1.05
nitika b tolia - - 0.25 0.22 0.22
nitika bharat tolia 0.30 0.29 - - -
PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Investors 41.59 41.60 41.64 41.67 41.67
seetha kumari . - - - - 3.83
investor education... 2.08 - 2.08 2.18 2.35
alka jain 2.34 2.15 2.16 2.16 -
iepf - 2.08 - - -
dheeraj kumar lohia 1.93 1.93 1.93 1.93 1.93
ashok kumar jain 1.69 1.78 1.78 1.86 1.01
sangeetha s 1.72 1.72 1.72 1.72 1.72
sunil agarwal 1.02 1.02 1.02 1.02 1.02

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Prima Plastics informs about press release1 Jun 2023, 3:17PM Prima Plastics informs about secretarial compliance report16 May 2023, 10:35AM Prima Plastics informs about disclosure 21 Feb 2023, 12:21PM Prima Plastics informs about newspaper publication16 Feb 2023, 5:08PM Prima Plastics informs about closure of trading window31 Dec 2022, 11:42AM Prima Plastics informs about newspaper advertisement27 Dec 2022, 12:51PM Prima Plastics informs about updates 28 Nov 2022, 10:25AM Prima Plastics - Quaterly Results14 Nov 2022, 6:35PM Prima Plastics informs about transcript of proceedings AGM29 Aug 2022, 1:00PM Prima Plastics informs about correction of inadvertent error in AGM proceedings 18 Aug 2022, 4:02PM Prima Plastics informs about outcome of AGM18 Aug 2022, 3:14PM Prima Plastics - Quaterly Results9 Aug 2022, 7:30PM Prima Plastics - Quaterly Results9 Aug 2022, 7:30PM Prima Plastics informs about compliance certificate8 Jul 2022, 3:22PM Prima Plastics informs about newspaper advertisement4 Jul 2022, 5:01PM Prima Plastics - Quaterly Results20 May 2022, 8:03PM Prima Plastics - Quaterly Results20 May 2022, 8:03PM Prima Plastics informs about company updates20 Apr 2022, 2:32PM Prima Plastics commences commercial production at Madhya Pradesh plant20 Apr 2022, 2:29PM Prima Plastics informs about loss of share certificate1 Apr 2022, 3:12PM Prima Plastics informs about newspaper publications 10 Feb 2022, 4:20PM Prima Plastics - Quaterly Results8 Feb 2022, 7:01PM Prima Plastics - Quaterly Results8 Feb 2022, 7:01PM Prima Plastics informs about transfer of shares 24 Nov 2021, 4:29PM Prima Plastics informs about board meeting31 Jul 2021, 12:44PM Prima Plastics informs about newspaper advertisement3 Jul 2021, 3:15PM Prima Plastics start construction of new manufacturing unit in Madhya Pradesh3 Jul 2021, 9:32AM Prima Plastics informs about loss of share certificate4 Jun 2021, 3:56PM Prima Plastics informs about board meeting21 May 2021, 3:05PM Prima Plastics informs about clarification on price movement5 May 2021, 3:36PM Prima Plastics’ arm increases commercial production capacity by 30%20 Feb 2021, 10:17AM Prima Plastics informs about board meeting5 Feb 2021, 11:00AM Prima Plastics informs about loss of share certificates7 Aug 2020, 4:58PM Prima Plastics informs about clarification on price movements14 Jul 2020, 3:11PM

Prima Plastics Stock Price Analysis and Quick Research Report. Is Prima Plastics 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). Prima Plastics has a PE ratio of 37.047112649932 which is high and comparatively overvalued .

  • 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. Prima Plastics has ROA of -1.50473470292219 % which is a bad 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. Prima Plastics has a Current ratio of 1.61669095615556 .

  • 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. Prima Plastics has a ROE of -2.5029812138002 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Prima Plastics has a D/E ratio of 0.7499 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. Prima Plastics has an Inventory turnover ratio of 4.39397031684964 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Prima Plastics has reported revenue growth of 20.9575381710667 % 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 Prima Plastics for the current financial year is 2.9684832389366 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Prima Plastics is Rs 0 and the yield is 1.0156 %.

Brief about Prima Plastics

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