PTL Enterprises Ltd
Incorporated in 1959, PTL Enterprises
Ltd provides manufactuing facility on
lease basis[1]
- Market Cap ₹ 562 Cr.
- Current Price ₹ 42.4
- High / Low ₹ 54.1 / 32.1
- Stock P/E 27.5
- Book Value ₹ 55.6
- Dividend Yield 4.12 %
- ROCE 8.83 %
- ROE 3.63 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.76 times its book value
- Stock is providing a good dividend yield of 4.12%.
- Company has been maintaining a healthy dividend payout of 75.7%
Cons
- The company has delivered a poor sales growth of 1.32% over past five years.
- Company has a low return on equity of 5.84% over last 3 years.
* 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
40 | 40 | 40 | 40 | 46 | 53 | 60 | 63 | 63 | 63 | 63 | 64 | 64 | |
2 | 5 | 5 | 9 | 4 | 5 | 4 | 5 | 5 | 6 | 6 | 6 | 9 | |
Operating Profit | 38 | 35 | 35 | 31 | 42 | 48 | 57 | 58 | 58 | 57 | 57 | 58 | 55 |
OPM % | 94% | 88% | 88% | 77% | 91% | 91% | 94% | 93% | 91% | 91% | 90% | 90% | 86% |
1 | 2 | 1 | 2 | 1 | 2 | 11 | 3 | 4 | 37 | 4 | 4 | 6 | |
Interest | 12 | 12 | 9 | 8 | 5 | 3 | 6 | 2 | 2 | 7 | 7 | 7 | 6 |
Depreciation | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 |
Profit before tax | 27 | 25 | 27 | 23 | 38 | 47 | 61 | 58 | 58 | 86 | 52 | 53 | 53 |
Tax % | 34% | 33% | 34% | 35% | 36% | 35% | 24% | 32% | 24% | 18% | 37% | 56% | |
17 | 17 | 18 | 15 | 24 | 30 | 46 | 40 | 44 | 70 | 33 | 23 | 20 | |
EPS in Rs | 1.32 | 1.27 | 1.33 | 1.14 | 1.83 | 2.29 | 3.46 | 3.01 | 3.32 | 5.29 | 2.49 | 1.76 | 1.55 |
Dividend Payout % | 38% | 39% | 38% | 44% | 27% | 27% | 29% | 42% | 38% | 47% | 80% | 100% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 1% |
3 Years: | 1% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | -13% |
3 Years: | -19% |
TTM: | -15% |
Stock Price CAGR | |
---|---|
10 Years: | 23% |
5 Years: | 16% |
3 Years: | 33% |
1 Year: | 29% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 7% |
3 Years: | 6% |
Last Year: | 4% |
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 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
Reserves | 49 | 58 | 68 | 75 | 668 | 423 | 459 | 475 | 434 | 582 | 569 | 686 | 722 |
76 | 76 | 59 | 49 | 0 | 0 | 0 | 0 | 0 | 48 | 49 | 28 | 24 | |
56 | 57 | 76 | 81 | 96 | 195 | 198 | 203 | 201 | 215 | 210 | 238 | 252 | |
Total Liabilities | 194 | 203 | 217 | 218 | 777 | 630 | 670 | 691 | 648 | 858 | 841 | 966 | 1,012 |
12 | 17 | 16 | 16 | 593 | 599 | 595 | 594 | 600 | 610 | 612 | 612 | 611 | |
CWIP | 1 | 1 | 1 | 1 | 3 | 0 | 0 | 3 | 4 | 0 | 1 | 0 | 0 |
Investments | 158 | 158 | 158 | 158 | 160 | 0 | 43 | 77 | 27 | 186 | 202 | 344 | 396 |
22 | 27 | 41 | 42 | 21 | 31 | 33 | 18 | 17 | 63 | 27 | 10 | 5 | |
Total Assets | 194 | 203 | 217 | 218 | 777 | 630 | 670 | 691 | 648 | 858 | 841 | 966 | 1,012 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
66 | 20 | 32 | 26 | 65 | 25 | 48 | 42 | 46 | 40 | 41 | 43 | |
-48 | -4 | -0 | 0 | -5 | -6 | -35 | -43 | -7 | -68 | -14 | 4 | |
-18 | -20 | -33 | -26 | -62 | -5 | -10 | -16 | -40 | 28 | -20 | -52 | |
Net Cash Flow | 1 | -3 | -1 | 0 | -2 | 14 | 2 | -17 | -0 | -0 | 6 | -5 |
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 | 0 | 3 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 0 | 3 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Working Capital Days | -382 | -430 | -232 | -269 | -131 | -32 | -81 | -95 | -107 | -91 | -130 | -199 |
ROCE % | 29% | 25% | 25% | 22% | 10% | 9% | 15% | 12% | 13% | 12% | 9% | 9% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 25 Apr
- Compliance Certificate For The Period Ended On 31St March, 2024. 15 Apr
- Compliance Certificate Under Regulation 40(10) Of SEBI (LODR), Regulations, 2015 15 Apr
- Closure of Trading Window 27 Mar
- Announcement Under Regulation 30 (LODR) - Updates - Income Tax Assessment Order. 26 Mar
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2010
from nse
Business Overview:[1][2][3][4]
PTL, a subsidiary of Apollo Tyres Ltd (ATL),
and its holding company is Sunrays Properties & Investment Co. Pvt Ltd. It leases its tire manufacturing facility to ATL under a fixed-income lease rental agreement. PTL produces truck-bus cross-ply tires, branded as Apollo, which are primarily distributed by ATL. ATL also markets products under the Apollo and Vredestein brands, with plans to expand into ASEAN and North America.