Pacific Industries Ltd

Pacific Industries Ltd

₹ 203 3.18%
21 May 2:14 p.m.
About

Incorporated in 1989, Pacific Industries Ltd exports, manufactures & trades Granite tiles & slabs, Quartz Slabs and other goods and commission activities[1]

Key Points

Business Overview:[1][2]
Company is a 100% export oriented unit for quarry and does production and export of polished granite slabs, polished granite tiles and polished natural stones. It also trades and exports granite/ rough marble slabs, tiles and other varieties of stones in 40+ countries. It manufactures 1.2 Lac sq. mt. of polished granite slabs at Udaipur with technical collaboration with the Breton SPA of Italy.

  • Market Cap 140 Cr.
  • Current Price 203
  • High / Low 225 / 115
  • Stock P/E 18.0
  • Book Value 234
  • Dividend Yield 0.00 %
  • ROCE 3.83 %
  • ROE 0.71 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Stock is trading at 0.86 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 5.50% over last 3 years.
  • Earnings include an other income of Rs.12.5 Cr.
  • Promoter holding has decreased over last 3 years: -6.83%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Miscellaneous Industry: Miscellaneous

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
41.90 69.33 101.16 65.43 61.23 54.21 61.49 60.00 22.17 37.52 48.84 35.26 44.88
38.98 63.96 88.94 57.94 56.72 51.96 56.16 55.83 20.01 38.28 46.11 30.78 39.83
Operating Profit 2.92 5.37 12.22 7.49 4.51 2.25 5.33 4.17 2.16 -0.76 2.73 4.48 5.05
OPM % 6.97% 7.75% 12.08% 11.45% 7.37% 4.15% 8.67% 6.95% 9.74% -2.03% 5.59% 12.71% 11.25%
0.26 3.02 0.78 1.29 1.34 0.82 0.54 1.13 1.12 6.51 1.56 2.22 2.18
Interest 1.08 1.51 1.88 1.17 1.85 1.73 2.04 2.32 2.23 1.42 1.10 1.11 0.94
Depreciation 2.02 2.74 2.07 2.09 2.55 4.18 2.86 2.84 2.83 2.81 2.64 2.69 2.71
Profit before tax 0.08 4.14 9.05 5.52 1.45 -2.84 0.97 0.14 -1.78 1.52 0.55 2.90 3.58
Tax % 12.50% 58.70% 26.74% 23.37% 28.97% 13.38% 15.46% 85.71% 37.64% 13.82% -254.55% 14.14% 43.30%
0.07 1.72 6.63 4.24 1.03 -2.45 0.83 0.02 -1.10 1.30 1.95 2.50 2.03
EPS in Rs 0.10 2.49 9.61 6.14 1.49 -3.55 1.20 0.03 -1.59 1.89 2.83 3.63 2.95
Raw PDF
Upcoming result date: 25 May 2024

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
58 88 79 58 61 66 67 100 97 177 284 181 166
53 77 70 56 57 61 61 94 91 156 256 170 155
Operating Profit 5 11 10 2 3 5 6 7 6 21 28 11 12
OPM % 9% 13% 12% 3% 5% 7% 9% 7% 6% 12% 10% 6% 7%
3 3 3 11 6 2 2 3 7 5 3 9 12
Interest 0 0 1 2 3 2 4 4 6 6 7 8 5
Depreciation 3 3 3 6 6 4 3 4 7 8 11 11 11
Profit before tax 6 11 9 4 1 0 1 2 0 11 13 1 9
Tax % 20% 21% 21% 20% 19% 13% 19% 17% -58% 32% 28% -24%
4 9 7 3 1 0 1 1 0 8 9 1 8
EPS in Rs 6.52 12.54 10.83 4.57 1.30 0.49 1.20 1.88 0.28 11.25 13.70 1.51 11.30
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 7%
5 Years: 22%
3 Years: 23%
TTM: -16%
Compounded Profit Growth
10 Years: -20%
5 Years: 4%
3 Years: 99%
TTM: 388%
Stock Price CAGR
10 Years: 7%
5 Years: 20%
3 Years: 13%
1 Year: 59%
Return on Equity
10 Years: 4%
5 Years: 4%
3 Years: 6%
Last Year: 1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 1 1 1 1 1 1 1 1 3 3 3 7 7
Reserves 40 49 56 59 60 60 62 63 86 95 105 150 155
14 10 16 34 41 47 61 87 92 117 128 67 63
30 38 38 24 20 20 25 53 33 72 67 38 52
Total Liabilities 86 98 112 119 123 129 149 204 214 288 303 261 276
17 18 29 27 30 27 28 35 89 90 116 105 113
CWIP 0 0 2 9 0 4 9 48 0 24 6 12 0
Investments 0 0 0 0 0 0 1 2 1 9 10 10 13
69 80 81 83 92 97 111 120 125 165 172 135 150
Total Assets 86 98 112 119 123 129 149 204 214 288 303 261 276

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-3 15 10 -3 -4 -1 3 31 -15 27 18 26
-1 -4 -12 -12 -1 -4 -14 -53 -9 -39 -31 -4
4 -5 0 15 5 4 11 22 25 20 5 -22
Net Cash Flow 0 6 -2 -0 1 -1 0 -0 0 8 -8 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 109 83 87 103 141 114 163 118 107 84 56 94
Inventory Days 483 312 560 1,091 857 849 812 303 418 292 167 157
Days Payable 238 205 271 292 198 181 185 102 153 161 104 55
Cash Conversion Cycle 354 190 376 902 800 781 790 319 372 215 119 196
Working Capital Days 233 138 179 339 402 397 402 194 286 135 110 155
ROCE % 11% 20% 15% 8% 4% 2% 4% 4% 3% 9% 9% 4%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
73.99% 73.99% 73.99% 73.99% 73.99% 73.99% 73.99% 67.14% 67.16% 67.16% 67.13% 67.16%
0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.07% 0.07% 0.07% 0.07% 0.07%
0.00% 0.00% 0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
25.88% 25.88% 25.88% 25.87% 25.88% 25.87% 25.87% 32.79% 32.78% 32.78% 32.80% 32.77%
No. of Shareholders 16,29116,66916,85816,92516,89716,88816,79717,36917,29317,38517,35717,294

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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