Dutron Polymers Ltd

Dutron Polymers Ltd

₹ 121 -0.99%
13 Aug - close price
About

Incorporated in 1981, Dutron Polymers Ltd manufactures Plastic Pipes and Fittings[1]

Key Points

Journey[1]
Incorporated in 1981, Co. had a Production Technology license from Wavin Overseas, Netherlands for the manufacture of HDPE, PVC pipes till 2006

  • Market Cap 72.4 Cr.
  • Current Price 121
  • High / Low 207 / 110
  • Stock P/E 34.8
  • Book Value 48.6
  • Dividend Yield 1.24 %
  • ROCE 12.4 %
  • ROE 9.79 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company has been maintaining a healthy dividend payout of 34.1%

Cons

  • The company has delivered a poor sales growth of 3.13% over past five years.
  • Company has a low return on equity of 10.0% 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.

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025
44.35 27.15 32.38 28.02 36.25 27.30 29.92 25.78 33.76 19.54 27.09 23.64 26.94
41.90 26.31 31.37 26.47 33.99 26.34 28.79 25.13 31.42 18.73 26.09 23.10 25.60
Operating Profit 2.45 0.84 1.01 1.55 2.26 0.96 1.13 0.65 2.34 0.81 1.00 0.54 1.34
OPM % 5.52% 3.09% 3.12% 5.53% 6.23% 3.52% 3.78% 2.52% 6.93% 4.15% 3.69% 2.28% 4.97%
0.12 0.02 0.09 -0.08 0.09 0.08 0.09 0.27 0.13 0.09 0.11 0.25 0.14
Interest 0.35 0.33 0.28 0.28 0.26 0.26 0.20 0.12 0.18 0.16 0.12 0.13 0.14
Depreciation 0.28 0.28 0.29 0.31 0.28 0.28 0.28 0.28 0.28 0.30 0.29 0.27 0.23
Profit before tax 1.94 0.25 0.53 0.88 1.81 0.50 0.74 0.52 2.01 0.44 0.70 0.39 1.11
Tax % 24.74% 80.00% 28.30% 20.45% 22.10% 22.00% 29.73% 76.92% 24.88% 25.00% 25.71% 7.69% 22.52%
1.46 0.04 0.38 0.71 1.41 0.40 0.51 0.12 1.50 0.33 0.53 0.36 0.86
EPS in Rs 2.43 0.07 0.63 1.18 2.35 0.67 0.85 0.20 2.50 0.55 0.88 0.60 1.43
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
82.23 88.00 104.73 87.38 97.03 106.36 89.18 94.38 124.55 131.91 119.24 104.03 97.21
78.33 84.24 99.33 81.82 91.78 101.46 84.52 89.26 119.07 126.04 114.21 99.36 93.52
Operating Profit 3.90 3.76 5.40 5.56 5.25 4.90 4.66 5.12 5.48 5.87 5.03 4.67 3.69
OPM % 4.74% 4.27% 5.16% 6.36% 5.41% 4.61% 5.23% 5.42% 4.40% 4.45% 4.22% 4.49% 3.80%
0.17 1.01 0.15 0.15 0.17 0.61 0.62 0.44 0.40 0.14 0.52 0.59 0.59
Interest 1.08 1.09 1.34 1.41 1.66 1.64 1.51 1.45 1.06 1.26 0.87 0.58 0.55
Depreciation 1.16 1.23 1.44 1.54 0.96 1.05 1.14 1.12 1.18 1.17 1.11 1.14 1.09
Profit before tax 1.83 2.45 2.77 2.76 2.80 2.82 2.63 2.99 3.64 3.58 3.57 3.54 2.64
Tax % 32.24% 31.02% 29.24% 33.33% 35.00% 25.53% 25.10% 23.75% 20.33% 27.93% 31.65% 23.16%
1.25 1.69 1.96 1.83 1.82 2.10 1.97 2.28 2.90 2.58 2.45 2.72 2.08
EPS in Rs 2.08 2.82 3.27 3.05 3.03 3.50 3.28 3.80 4.83 4.30 4.08 4.53 3.46
Dividend Payout % 67.20% 49.70% 42.86% 45.90% 46.15% 40.00% 36.55% 31.58% 28.97% 32.56% 36.73% 33.09%
Compounded Sales Growth
10 Years: 2%
5 Years: 3%
3 Years: -6%
TTM: -17%
Compounded Profit Growth
10 Years: 9%
5 Years: 10%
3 Years: -2%
TTM: -18%
Stock Price CAGR
10 Years: 6%
5 Years: -1%
3 Years: -3%
1 Year: -27%
Return on Equity
10 Years: 11%
5 Years: 11%
3 Years: 10%
Last Year: 10%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00 6.00
Reserves 8.31 8.55 9.51 10.26 11.07 10.97 13.24 14.98 17.04 18.88 20.43 23.15
10.71 13.58 15.12 15.66 22.67 16.59 14.51 13.25 13.36 9.64 6.25 4.71
6.81 5.75 4.62 6.13 7.98 5.07 4.55 4.52 5.96 5.17 3.58 6.83
Total Liabilities 31.83 33.88 35.25 38.05 47.72 38.63 38.30 38.75 42.36 39.69 36.26 40.69
7.27 6.70 8.51 8.80 8.12 8.74 8.97 8.66 8.17 7.68 7.10 6.99
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 1.76 2.07 2.33 2.49 0.00 0.00 0.00 0.00 0.00
24.56 27.18 26.74 27.49 37.53 27.56 26.84 30.09 34.19 32.01 29.16 33.70
Total Assets 31.83 33.88 35.25 38.05 47.72 38.63 38.30 38.75 42.36 39.69 36.26 40.69

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
0.85 -0.72 4.40 3.23 -4.95 8.22 3.36 6.26 1.50 7.94 4.95 5.34
-0.31 -0.28 -3.21 -1.83 -0.28 -1.23 -1.18 -0.73 -0.55 -0.50 -0.27 -0.66
-0.54 1.03 -1.40 -0.97 4.82 -6.71 -2.06 -2.99 -2.47 -7.19 -5.73 -2.12
Net Cash Flow 0.00 0.03 -0.21 0.43 -0.41 0.28 0.12 2.54 -1.53 0.25 -1.06 2.56

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 38.53 57.24 42.48 39.98 84.94 46.36 41.83 45.33 53.72 31.16 36.49 40.45
Inventory Days 85.69 64.93 53.92 81.49 61.99 50.41 72.40 58.91 38.27 42.99 38.54 46.47
Days Payable 25.54 17.41 11.20 14.04 15.96 0.08 6.89 4.89 10.22 7.55 0.04 13.23
Cash Conversion Cycle 98.68 104.76 85.20 107.42 130.97 96.69 107.33 99.34 81.76 66.60 74.99 73.70
Working Capital Days 55.09 62.46 48.30 58.69 108.22 75.09 91.88 81.91 71.97 59.41 63.06 64.63
ROCE % 11.64% 10.16% 13.99% 13.33% 12.45% 10.94% 11.26% 13.06% 13.20% 13.65% 13.21% 12.38%

Shareholding Pattern

Numbers in percentages

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
74.89% 74.89% 74.89% 74.89% 74.89% 74.89% 74.89% 74.89% 74.89% 74.89% 74.88% 74.88%
25.12% 25.12% 25.12% 25.12% 25.12% 25.13% 25.12% 25.13% 25.12% 25.12% 25.13% 25.13%
No. of Shareholders 1,4011,3901,3951,4481,4461,4751,4701,6361,4461,6001,6151,613

Documents