Polymechplast Machines Ltd

Polymechplast Machines Ltd

₹ 45.0 0.72%
28 Mar - close price
About

Incorporated in 1978, Polymechplast Machines Ltd is a manufacturer, supplier and exporter of Gold Coin brand Plastic Processing Injection Molding and Blow Molding Machines.

Key Points

Product Profile:
a) Single Color Thermoplastic Injection Molding: NP Series[1], Leo Series[2], HG Series[3]
b) Thin wall molding Series: TW Series (TW-200)[4], TW Eco Series[5]
c) Multi Color Marble Effect: NP D Series-Double Color[6], PML TC Series-Triple Color[7]
d) PET Preform: PET Series[8]
e) Extrusion Blow Molding: PBM Series[9], PBM Pneumatic Series[10]
f) Injection Blow: IBM Series[11]
g) Insert Molding: VP Series[12]

  • Market Cap 25.2 Cr.
  • Current Price 45.0
  • High / Low 78.8 / 42.8
  • Stock P/E 49.4
  • Book Value 45.0
  • Dividend Yield 2.22 %
  • ROCE 8.59 %
  • ROE 6.28 %
  • Face Value 10.0

Pros

  • Stock is trading at 1.00 times its book value
  • Company has been maintaining a healthy dividend payout of 23.2%

Cons

  • Promoter holding is low: 36.5%
  • Company has a low return on equity of 13.0% over last 3 years.
  • Earnings include an other income of Rs.0.59 Cr.
  • Promoter holding has decreased over last 3 years: -6.26%

* 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

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
17.15 22.29 13.10 21.21 22.55 26.58 14.40 20.52 14.81 19.48 12.26 15.68 13.31
15.96 20.99 12.35 19.47 20.98 25.15 13.70 19.08 14.48 19.12 12.82 14.55 12.84
Operating Profit 1.19 1.30 0.75 1.74 1.57 1.43 0.70 1.44 0.33 0.36 -0.56 1.13 0.47
OPM % 6.94% 5.83% 5.73% 8.20% 6.96% 5.38% 4.86% 7.02% 2.23% 1.85% -4.57% 7.21% 3.53%
0.16 0.25 0.09 0.08 0.15 0.17 0.14 0.16 0.16 0.17 0.18 0.14 0.10
Interest 0.08 0.08 0.12 0.12 0.11 0.09 0.09 0.13 0.13 0.12 0.11 0.12 0.12
Depreciation 0.15 0.16 0.18 0.18 0.21 0.23 0.23 0.22 0.24 0.23 0.23 0.23 0.25
Profit before tax 1.12 1.31 0.54 1.52 1.40 1.28 0.52 1.25 0.12 0.18 -0.72 0.92 0.20
Tax % 28.57% 22.90% 25.93% 24.34% 22.86% 35.16% 26.92% 31.20% 25.00% -22.22% 25.00% 26.09% 30.00%
0.81 1.01 0.40 1.15 1.08 0.84 0.38 0.86 0.09 0.22 -0.54 0.69 0.14
EPS in Rs 1.69 2.11 0.84 2.41 1.93 1.50 0.68 1.54 0.16 0.39 -0.96 1.23 0.25
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
24.62 20.85 23.55 23.33 34.56 33.72 47.24 54.51 43.91 60.89 83.44 69.22 60.73
23.35 20.36 22.60 23.47 32.90 31.73 44.51 50.90 41.08 56.98 77.96 66.41 59.33
Operating Profit 1.27 0.49 0.95 -0.14 1.66 1.99 2.73 3.61 2.83 3.91 5.48 2.81 1.40
OPM % 5.16% 2.35% 4.03% -0.60% 4.80% 5.90% 5.78% 6.62% 6.45% 6.42% 6.57% 4.06% 2.31%
0.10 0.63 0.01 1.74 0.16 0.20 0.24 0.30 0.29 0.53 0.49 0.63 0.59
Interest 0.46 0.58 0.54 0.61 0.56 0.50 0.40 0.45 0.45 0.33 0.43 0.46 0.47
Depreciation 0.22 0.24 0.22 0.29 0.29 0.31 0.37 0.38 0.31 0.46 0.80 0.92 0.94
Profit before tax 0.69 0.30 0.20 0.70 0.97 1.38 2.20 3.08 2.36 3.65 4.74 2.06 0.58
Tax % 31.88% 26.67% 25.00% 18.57% 22.68% 21.74% 44.09% 28.90% 26.69% 23.84% 27.00% 25.24%
0.47 0.22 0.14 0.57 0.75 1.09 1.24 2.19 1.72 2.78 3.47 1.55 0.51
EPS in Rs 0.81 0.38 0.24 0.99 1.30 1.89 2.59 4.58 3.60 5.81 6.19 2.77 0.91
Dividend Payout % -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% -0.00% 17.46% 22.23% 17.19% 16.14% 36.13%
Compounded Sales Growth
10 Years: 13%
5 Years: 8%
3 Years: 16%
TTM: -20%
Compounded Profit Growth
10 Years: 23%
5 Years: 5%
3 Years: -3%
TTM: -77%
Stock Price CAGR
10 Years: 20%
5 Years: 7%
3 Years: 14%
1 Year: -19%
Return on Equity
10 Years: 11%
5 Years: 14%
3 Years: 13%
Last Year: 6%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity Capital 5.16 5.28 5.28 5.28 5.28 5.28 4.78 4.78 4.78 4.78 5.60 5.60
Reserves 1.75 1.97 2.12 2.62 3.38 4.36 6.05 7.79 9.03 11.42 18.58 19.62
4.44 5.09 4.29 4.86 5.67 5.47 6.13 6.31 6.40 5.38 5.07 4.21
4.63 5.42 8.08 6.65 5.39 4.95 8.13 9.90 10.26 15.38 15.88 13.84
Total Liabilities 15.98 17.76 19.77 19.41 19.72 20.06 25.09 28.78 30.47 36.96 45.13 43.27
7.20 7.01 6.89 6.66 6.94 6.82 6.68 6.77 6.49 13.61 16.83 16.44
CWIP -0.00 -0.00 0.03 0.03 -0.00 0.03 1.19 2.81 5.06 0.23 -0.00 -0.00
Investments -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 -0.00 0.02 0.06 0.06
8.78 10.75 12.85 12.72 12.78 13.21 17.22 19.20 18.92 23.10 28.24 26.77
Total Assets 15.98 17.76 19.77 19.41 19.72 20.06 25.09 28.78 30.47 36.96 45.13 43.27

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
1.56 -0.38 0.78 0.03 2.22 1.02 3.99 1.30 2.56 8.70 2.60 1.13
-1.58 0.57 -0.09 -0.08 -0.40 -0.42 -1.02 -2.10 -2.55 -5.10 -8.50 -0.24
0.50 -0.43 -0.56 -0.50 -0.45 -0.61 0.21 -0.73 -0.82 -1.33 3.75 -1.89
Net Cash Flow 0.48 -0.24 0.13 -0.55 1.37 -0.01 3.17 -1.52 -0.81 2.27 -2.16 -1.00

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 23.28 42.71 42.62 43.34 26.93 33.12 24.57 20.02 13.05 8.87 12.12 8.38
Inventory Days 115.70 169.85 184.13 153.11 111.62 110.13 76.40 103.92 135.71 91.62 75.26 95.49
Days Payable 40.27 49.34 91.30 54.14 22.20 20.52 24.22 51.15 53.39 53.23 37.75 46.72
Cash Conversion Cycle 98.70 163.22 135.44 142.31 116.34 122.73 76.74 72.79 95.36 47.27 49.63 57.16
Working Capital Days 33.51 71.25 54.71 78.07 50.27 56.83 26.89 31.47 35.00 -6.83 3.72 12.34
ROCE % 10.96% 2.62% 6.49% -2.70% 11.30% 12.70% 16.21% 19.70% 14.38% 19.00% 20.34% 8.59%

Shareholding Pattern

Numbers in percentages

1 Recently
Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
42.75% 42.75% 42.75% 36.49% 36.49% 36.49% 36.49% 36.49% 36.49% 36.49% 36.49% 36.49%
57.25% 57.25% 57.25% 63.51% 63.51% 63.51% 63.51% 63.50% 63.51% 63.50% 63.50% 63.52%
No. of Shareholders 5,4806,3506,2986,5026,5946,5316,5286,5416,4736,4596,5826,726

Documents