B & A Packaging India Ltd

B & A Packaging India Ltd

₹ 223 -5.50%
24 May - close price
About

Incorporated in 1986, B&A Packaging India Ltd manufactures and sells Paper-sack and Flexi-pack[1]

Key Points

Business Overview:[1]
Company is a part of B&A Group[2] which is into tea broking, heritage tourism including a golf resort. Company deals in Paper sacks, Multiwall sacks and Flexible laminates manufacturing business

  • Market Cap 111 Cr.
  • Current Price 223
  • High / Low 275 / 170
  • Stock P/E 9.67
  • Book Value 149
  • Dividend Yield 0.67 %
  • ROCE 20.4 %
  • ROE 16.7 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

* 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

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
21.63 29.55 35.83 31.47 31.13 37.49 36.94 30.37 26.72 31.13 35.52 33.31 28.83
20.45 25.11 29.49 29.61 27.98 32.41 32.37 26.78 24.07 28.50 28.72 30.17 25.25
Operating Profit 1.18 4.44 6.34 1.86 3.15 5.08 4.57 3.59 2.65 2.63 6.80 3.14 3.58
OPM % 5.46% 15.03% 17.69% 5.91% 10.12% 13.55% 12.37% 11.82% 9.92% 8.45% 19.14% 9.43% 12.42%
1.65 0.04 0.29 0.14 0.49 0.39 0.53 0.01 0.26 0.37 0.21 0.20 0.32
Interest 0.24 0.35 0.44 0.30 0.22 0.45 0.33 0.40 0.24 0.44 0.20 0.13 0.01
Depreciation 0.32 0.33 0.38 0.36 0.37 0.34 0.41 0.40 0.90 0.46 0.45 0.46 0.48
Profit before tax 2.27 3.80 5.81 1.34 3.05 4.68 4.36 2.80 1.77 2.10 6.36 2.75 3.41
Tax % 68.28% 29.21% 29.09% 70.15% 37.05% 29.06% 37.84% 28.93% 75.71% 29.05% 29.09% 29.09% -2.93%
0.72 2.69 4.11 0.40 1.91 3.32 2.71 1.98 0.42 1.49 4.50 1.95 3.51
EPS in Rs 1.45 5.42 8.29 0.81 3.85 6.69 5.46 3.99 0.85 3.00 9.07 3.93 7.08
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
30 40 45 47 53 68 71 75 97 128 131 129
27 34 39 40 45 57 62 63 81 112 115 113
Operating Profit 3 5 6 7 8 10 10 12 17 16 16 16
OPM % 10% 13% 13% 15% 15% 15% 14% 16% 17% 12% 12% 13%
0 0 1 1 0 0 1 1 2 1 1 1
Interest 2 2 2 2 2 2 2 1 1 1 1 1
Depreciation 1 1 1 1 1 1 1 1 1 1 2 2
Profit before tax 0 2 4 5 6 8 7 10 16 14 14 15
Tax % 98% 39% 33% 36% 31% 37% 33% 23% 35% 35% 38% 22%
0 2 2 3 4 5 5 8 11 9 8 11
EPS in Rs 0.02 3.02 4.94 6.29 7.58 9.68 9.68 15.18 21.21 18.39 16.99 23.08
Dividend Payout % 0% 8% 10% 8% 7% 5% 5% 0% 0% 8% 9% 0%
Compounded Sales Growth
10 Years: 13%
5 Years: 13%
3 Years: 10%
TTM: -2%
Compounded Profit Growth
10 Years: 23%
5 Years: 19%
3 Years: 3%
TTM: 36%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 74%
1 Year: 24%
Return on Equity
10 Years: 19%
5 Years: 19%
3 Years: 16%
Last Year: 17%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 5 5 5 5 5 5 5 5 5 5 5 5
Reserves 5 6 8 11 15 19 24 31 42 51 58 69
17 16 15 13 12 12 12 6 13 13 11 3
7 8 10 9 11 18 18 14 16 18 21 15
Total Liabilities 34 35 38 39 43 54 59 56 75 86 95 92
14 15 15 16 16 16 17 17 19 19 25 25
CWIP 0 0 0 0 1 1 1 0 0 2 0 1
Investments 0 0 0 0 0 0 0 0 0 0 0 0
19 21 23 23 26 37 41 39 57 65 70 66
Total Assets 34 35 38 39 43 54 59 56 75 86 95 92

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0 1 2 3 4 5 3 8 0 9 11 22
-1 -1 -1 -2 -2 -2 -2 -1 -4 -10 -5 -14
2 -1 -1 -2 -2 -2 -2 -2 -1 -1 -3 -3
Net Cash Flow 0 0 0 -0 0 1 -1 6 -4 -2 3 5

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 87 84 71 84 76 76 70 82 83 67 61 64
Inventory Days 147 109 124 109 134 151 185 143 157 120 160 117
Days Payable 102 83 85 72 75 97 82 62 60 47 59 37
Cash Conversion Cycle 132 110 111 122 136 130 173 163 180 140 162 144
Working Capital Days 119 100 92 95 102 99 121 121 142 129 134 117
ROCE % 10% 17% 22% 24% 25% 28% 24% 27% 34% 24% 21%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.39% 74.39% 74.39% 74.39% 74.39% 74.39% 74.39% 74.39% 74.39% 74.39% 72.37% 72.37%
6.05% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
19.56% 25.61% 25.61% 25.61% 25.61% 25.61% 25.61% 25.60% 25.61% 25.61% 27.63% 27.64%
No. of Shareholders 2,5594,1354,2564,6234,6244,5244,3514,2874,2114,1242,9412,873

* 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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