Pyramid Technoplast Ltd

Pyramid Technoplast Ltd

₹ 160 -3.68%
26 Apr - close price
About

Incorporated in 1997, Pyramid Technoplast Limited manufactures polymer-based molded products (Polymer Drums) used by chemical, agrochemical, specialty chemical, and pharmaceutical companies for their packaging requirements.[1]

Key Points

Business Profile[1] It is one of the leading manufacturers of rigid Intermediate bulk containers (IBC) in India, manufacturing 1,000-litre capacity IBC. IBCs are industrial-grade containers engineered for mass handling, transport, and storage of liquids, semi-solids, pastes, or solids. It also manufactures MS Drums made of mild steel (MS) used in the packaging and transport of chemicals, agrochemicals, and specialty chemicals.

  • Market Cap 588 Cr.
  • Current Price 160
  • High / Low 239 / 140
  • Stock P/E 19.4
  • Book Value 56.6
  • Dividend Yield 0.00 %
  • ROCE 30.9 %
  • ROE 34.9 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 38.7%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend

* 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: Packaging Industry: Packaging

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Quarterly Results

Figures in Rs. Crores

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
126.69 109.56 120.65 123.12 138.52 131.93 128.32
113.67 96.90 108.85 110.80 126.91 120.60 119.05
Operating Profit 13.02 12.66 11.80 12.32 11.61 11.33 9.27
OPM % 10.28% 11.56% 9.78% 10.01% 8.38% 8.59% 7.22%
0.36 0.25 0.07 1.32 0.96 1.52 1.39
Interest 0.98 1.02 0.97 1.08 0.88 0.73 0.31
Depreciation 1.10 1.15 1.32 1.36 1.37 1.49 1.70
Profit before tax 11.30 10.74 9.58 11.20 10.32 10.63 8.65
Tax % 25.49% 31.75% 19.00% 26.34% 25.00% 26.25% 25.55%
8.41 7.34 7.76 8.25 7.76 7.85 6.44
EPS in Rs 2.69 2.35 2.48 2.64 2.48 2.13 1.75
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
259 314 400 480 522
241 284 358 430 477
Operating Profit 18 30 42 50 45
OPM % 7% 10% 11% 10% 9%
1 3 2 2 5
Interest 7 5 5 4 3
Depreciation 4 4 4 5 6
Profit before tax 8 23 35 43 41
Tax % 30% 26% 26% 26%
6 17 26 32 30
EPS in Rs 14.19 43.45 66.87 10.15 9.00
Dividend Payout % 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 23%
TTM: 20%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 79%
TTM: 22%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 39%
Last Year: 35%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 4 4 4 31 37
Reserves 28 45 71 76 171
48 52 66 56 5
45 52 43 63 72
Total Liabilities 125 153 184 226 285
50 52 50 65 91
CWIP 0 0 2 7 0
Investments 0 0 0 0 6
75 101 131 154 188
Total Assets 125 153 184 226 285

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023
12 8 -6 39
-7 -7 -4 -24
-6 0 9 -13
Net Cash Flow -0 2 -1 2

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 69 75 68 59
Inventory Days 27 34 46 46
Days Payable 68 66 39 50
Cash Conversion Cycle 28 43 76 55
Working Capital Days 43 53 80 68
ROCE % 31% 33% 31%

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024
74.94% 74.94% 74.94%
2.44% 1.37% 0.89%
3.58% 3.18% 2.77%
19.05% 20.51% 21.40%
No. of Shareholders 32,31631,22735,520

* 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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