Axel Polymers Ltd
Incorporated in 1992, Axel Polymers Ltd is a manufacturer of Compounds, Blends, Alloys of Engineering, Specialty and commodity Polymers
- Market Cap ₹ 52.8 Cr.
- Current Price ₹ 62.0
- High / Low ₹ 76.0 / 40.1
- Stock P/E 24.0
- Book Value ₹ 17.1
- Dividend Yield 0.00 %
- ROCE 12.6 %
- ROE 9.13 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Debtor days have improved from 63.3 to 32.9 days.
- Company's median sales growth is 16.8% of last 10 years
- Company's working capital requirements have reduced from 145 days to 110 days
Cons
- Stock is trading at 3.60 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -0.46%
- Company has a low return on equity of 8.76% 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: Plastic products Industry: Plastics Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
9 | 7 | 6 | 16 | 19 | 22 | 27 | 24 | 23 | 48 | 73 | 85 | 123 | |
8 | 7 | 6 | 15 | 17 | 21 | 26 | 23 | 22 | 44 | 69 | 80 | 116 | |
Operating Profit | 1 | 1 | -0 | 1 | 1 | 1 | 1 | 2 | 1 | 4 | 4 | 5 | 6 |
OPM % | 10% | 9% | -9% | 9% | 6% | 5% | 5% | 7% | 6% | 8% | 6% | 6% | 5% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | |
Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 3 | 3 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
Profit before tax | 0 | -0 | -2 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 3 |
Tax % | 14% | 0% | 0% | 0% | 0% | 15% | 17% | -7% | -12% | -16% | 31% | 31% | |
0 | -0 | -2 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | |
EPS in Rs | 0.14 | -0.93 | -4.14 | 0.28 | 0.35 | 0.51 | 0.53 | 1.09 | 0.21 | 1.53 | 1.08 | 1.39 | 2.59 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 28% |
5 Years: | 26% |
3 Years: | 55% |
TTM: | 49% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | 39% |
3 Years: | 136% |
TTM: | 114% |
Stock Price CAGR | |
---|---|
10 Years: | 32% |
5 Years: | 37% |
3 Years: | 71% |
1 Year: | 47% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 9% |
3 Years: | 9% |
Last Year: | 9% |
Balance Sheet
Figures in Rs. Crores
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 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 9 | 9 | 9 | 9 |
Reserves | -1 | -2 | -3 | -3 | -3 | -3 | -3 | -2 | -2 | 3 | 4 | 5 | 6 |
6 | 6 | 5 | 4 | 5 | 6 | 7 | 8 | 7 | 26 | 26 | 25 | 26 | |
2 | 4 | 4 | 10 | 7 | 7 | 6 | 5 | 7 | 14 | 17 | 17 | 21 | |
Total Liabilities | 12 | 12 | 10 | 15 | 13 | 14 | 15 | 15 | 16 | 52 | 55 | 56 | 62 |
5 | 4 | 4 | 3 | 3 | 4 | 4 | 4 | 4 | 8 | 8 | 9 | 10 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
7 | 8 | 6 | 12 | 10 | 10 | 12 | 11 | 13 | 44 | 48 | 47 | 52 | |
Total Assets | 12 | 12 | 10 | 15 | 13 | 14 | 15 | 15 | 16 | 52 | 55 | 56 | 62 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1 | 0 | 1 | 0 | -2 | 1 | -1 | 1 | 1 | -2 | 3 | 6 | |
-0 | -0 | -0 | -0 | 0 | -1 | -0 | -1 | -0 | -0 | -0 | -2 | |
2 | -0 | -1 | -0 | 1 | -1 | 1 | -1 | -1 | 1 | -3 | -4 | |
Net Cash Flow | 0 | 0 | 0 | -0 | -0 | -0 | 0 | 0 | 0 | -0 | 0 | 0 |
Ratios
Figures in Rs. Crores
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 | 103 | 135 | 159 | 123 | 86 | 34 | 37 | 26 | 33 | 100 | 57 | 33 |
Inventory Days | 125 | 216 | 130 | 127 | 103 | 123 | 113 | 146 | 184 | 219 | 167 | 163 |
Days Payable | 122 | 188 | 181 | 176 | 39 | 37 | 19 | 20 | 62 | 126 | 95 | 77 |
Cash Conversion Cycle | 105 | 163 | 109 | 74 | 150 | 121 | 130 | 152 | 155 | 193 | 128 | 118 |
Working Capital Days | 114 | 160 | 79 | 89 | 142 | 97 | 114 | 118 | 130 | 192 | 133 | 110 |
ROCE % | 8% | 4% | -12% | 18% | 17% | 17% | 14% | 15% | 11% | 17% | 11% | 13% |
Documents
Announcements
- CERTIFICATE UNDER REGULATION 40(9) & (10) OF SEBI (LODR) REGULATIONS, 2015 FOR THE YEAR ENDED MARCH 31, 2024 12 Apr
- Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations, 2015 9 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 5 Apr
- Closure of Trading Window 1 Apr
- Disclosure Under Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015 26 Mar
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Product Profile:
a) Dplen - PBT Compounds[1]
b) Dplon - Polycarbonate Compounds[2]
c) Dpnor - mPPE Compounds[3]
d) Dpnyl - Nylon Compounds[4]
e) Dprex - Styrene Compounds[5]
f) Dpron - Polypropylene Compounds[6]
g) Utility Compounds[7]