Prime Industries Ltd

Prime Industries Ltd

₹ 150 -2.00%
28 Sep - close price
About

Incorporated in 2006, Prime Industries Ltd manufactures and sells packaging material[1]

Key Points

Services Offered:[1][2]
Company used to manufacture Vanaspati Ghee and at present is engaged in manufacturing of all types of packaging material which includes HDPE/ PP bags, non-woven PP bags for packaging edible items, BOPP laminated multi colour printed bags amongst others

  • Market Cap 236 Cr.
  • Current Price 150
  • High / Low 163 / 5.00
  • Stock P/E 18.4
  • Book Value 12.9
  • Dividend Yield 0.00 %
  • ROCE 6.60 %
  • ROE 7.62 %
  • Face Value 5.00

Pros

  • Company has reduced debt.
  • Company has delivered good profit growth of 81.4% CAGR over last 5 years

Cons

  • Stock is trading at 11.6 times its book value
  • Promoter holding has decreased over last quarter: -0.60%
  • Company has a low return on equity of 3.43% 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: Finance Industry: Finance & Investments

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Quarterly Results

Figures in Rs. Crores

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023
0 0 0 7 0 0 0 1 0 1 0 6 11
0 0 0 7 0 0 0 0 0 0 0 6 0
Operating Profit 0 0 0 0 0 0 -0 0 0 1 0 1 11
OPM % 0% 38% 46% 4% 12% 29% -34% 34% 8% 85% 83% 14% 99%
0 0 0 0 0 0 0 0 0 0 0 0 0
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax -0 -0 -0 0 0 0 -0 0 -0 1 0 1 11
Tax % 0% 0% 0% 0% 0% 50% 0% 0% 0% 0% 0%
-0 -0 -0 0 0 0 -0 0 -0 1 0 1 11
EPS in Rs -0.02 -0.01 -0.02 0.16 0.00 0.00 -0.11 0.01 -0.05 0.35 0.16 0.53 7.09
Raw PDF

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
2 0 0 0 1 0 1 8 13 8 2 8 19
2 0 0 0 0 0 0 8 12 8 1 6 6
Operating Profit 0 0 0 0 0 0 1 0 1 0 0 2 13
OPM % 3% 42% 31% 57% 77% 45% 72% 5% 9% 5% 15% 23% 69%
-0 0 0 0 0 0 0 0 0 0 0 0 0
Interest 0 0 0 0 0 0 1 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax -0 -0 0 0 0 0 0 0 1 0 -0 2 13
Tax % 17% 50% 12% 0% 0% 20% 9% 0% 0% -6% 0%
-0 -0 0 0 0 0 0 0 1 0 -0 2 13
EPS in Rs -0.03 -0.01 0.01 0.04 0.01 0.01 0.05 0.06 0.47 0.11 -0.11 0.99 8.13
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 32%
5 Years: 46%
3 Years: -16%
TTM: 1212%
Compounded Profit Growth
10 Years: 66%
5 Years: 81%
3 Years: 28%
TTM: 5240%
Stock Price CAGR
10 Years: 51%
5 Years: 205%
3 Years: 436%
1 Year: 2300%
Return on Equity
10 Years: 3%
5 Years: 4%
3 Years: 3%
Last Year: 8%

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
8 8 8 8 8 8 8 8 8 8 8 8
Reserves -0 -7 -4 -1 -1 -2 2 -1 -1 3 13 13
0 0 0 0 1 11 1 0 0 0 10 3
23 19 13 10 6 3 5 1 1 1 1 4
Total Liabilities 31 20 17 17 14 20 15 8 8 13 32 27
1 1 1 0 0 3 3 3 3 3 3 3
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 13 10 9 7 8 8 6 3 2 6 15 13
17 9 7 9 6 9 6 2 3 4 13 11
Total Assets 31 20 17 17 14 20 15 8 8 13 32 27

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 -3 -2 -2 1 5 -5 0 1 -0 1 4
-0 3 2 2 -0 -5 6 0 1 0 0 1
-0 -0 -0 -0 -0 -0 -1 -0 -0 -0 9 -8
Net Cash Flow 0 -0 0 -0 0 0 0 -0 2 -0 10 -3

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 2 46 0 0 0 0 0 0 0 0 0 0
Inventory Days 59 33 49 359 48
Days Payable 0 0 0 0 0
Cash Conversion Cycle 2 46 0 0 0 0 0 59 33 49 359 48
Working Capital Days -1,502 -8,327 -13,688 -876 -152 4,795 308 28 20 69 256 -73
ROCE % 0% 3% 1% 3% 6% 2% 6% 5% 17% 4% 1% 7%

Shareholding Pattern

Numbers in percentages

3 Recently
Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Jul 2023
57.00% 57.00% 56.98% 56.98% 56.98% 56.98% 56.98% 56.98% 56.98% 56.98% 56.38% 56.38%
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%
42.98% 42.98% 42.99% 42.99% 42.99% 42.99% 42.99% 42.99% 42.99% 42.99% 43.60% 43.60%
No. of Shareholders 3,2953,2954,0174,3534,6684,8724,8654,8574,8224,7354,8794,884

* 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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