Apt Packaging Ltd

Apt Packaging Ltd

₹ 38.9 -4.98%
28 May - close price
About

Incorporated in 1980, APT Packaging Ltd is a manufacturer and exporter of Co-extruded and Seamless Plastic tubes

Key Points

Product Profile:[1]
a) Diameters[2]
b) Layers[3]
c) Decorations[4]
d) Colors[5]
e) Types[6]
f) Caps[7]
g) Tampered Proof Sealing[8]

  • Market Cap 20.5 Cr.
  • Current Price 38.9
  • High / Low 52.8 / 25.0
  • Stock P/E
  • Book Value 9.42
  • Dividend Yield 0.00 %
  • ROCE -3.30 %
  • ROE -66.8 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 4.13 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 8.82% over past five years.
  • Company has a low return on equity of -31.9% over last 3 years.
  • Contingent liabilities of Rs.10.2 Cr.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.1.70 Cr.

* 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: Plastic products Industry: Plastics Products

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011
13.19 15.91 21.35 17.35 19.20 20.13
15.74 13.68 30.49 24.04 18.64 19.77
Operating Profit -2.55 2.23 -9.14 -6.69 0.56 0.36
OPM % -19.33% 14.02% -42.81% -38.56% 2.92% 1.79%
55.77 0.71 25.89 19.70 0.49 1.70
Interest 0.00 0.36 0.49 0.95 0.92 2.09
Depreciation 1.89 1.92 2.04 1.91 1.80 2.63
Profit before tax 51.33 0.66 14.22 10.15 -1.67 -2.66
Tax % 0.00% 7.58% 0.42% 0.59% 0.00% -6.02%
51.33 0.61 14.16 10.09 -1.67 -2.82
EPS in Rs 58.06 0.69 20.50 36.51 -6.04 -5.36
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 9%
3 Years: -2%
TTM: 5%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -105%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 34%
Return on Equity
10 Years: %
5 Years: %
3 Years: -32%
Last Year: -67%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011
Equity Capital 7.45 7.45 3.99 3.30 3.30 5.80
Reserves -24.07 -23.46 -5.85 3.65 1.98 -0.84
40.27 43.15 29.72 17.79 30.55 33.04
6.91 4.42 3.80 3.31 4.61 3.66
Total Liabilities 30.56 31.56 31.66 28.05 40.44 41.66
20.92 21.50 20.40 18.04 30.55 30.65
CWIP 0.01 0.05 0.13 0.84 1.54 1.82
Investments 0.53 0.01 0.01 0.01 0.01 0.03
9.10 10.00 11.12 9.16 8.34 9.16
Total Assets 30.56 31.56 31.66 28.05 40.44 41.66

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011
3.97 2.59 15.21 13.01 3.68 -1.97
-0.93 -2.10 -1.60 -1.42 -16.35 -3.01
-3.05 -0.44 -13.40 -11.93 12.76 4.99
Net Cash Flow -0.01 0.05 0.21 -0.34 0.09 0.01

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011
Debtor Days 122.87 103.24 71.46 43.76 60.07 57.66
Inventory Days 138.32 176.68 112.84 124.22 147.00 149.71
Days Payable 268.18 139.79 59.87 69.52 129.80 89.74
Cash Conversion Cycle -7.00 140.13 124.43 98.46 77.27 117.63
Working Capital Days 52.30 119.75 115.57 118.44 65.02 93.92
ROCE % 4.25% 7.02% 6.46% -2.48% -3.30%

Shareholding Pattern

Numbers in percentages

Dec 2017Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
72.55% 72.58% 72.58% 72.58% 72.58% 72.72% 72.72% 72.72%
0.02% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25%
27.43% 27.17% 27.17% 27.17% 27.17% 27.04% 27.04% 27.04%
No. of Shareholders 10,16310,41410,39310,38210,39610,35410,35710,365

* 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.

Documents