Premco Global Ltd
Premco Global is engaged in the business of Manufacturing of Woven & Knitted Elastic Tapes.
- Market Cap ₹ 146 Cr.
- Current Price ₹ 443
- High / Low ₹ 567 / 291
- Stock P/E 11.7
- Book Value ₹ 293
- Dividend Yield 3.39 %
- ROCE 23.2 %
- ROE 16.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is providing a good dividend yield of 3.39%.
- Company has been maintaining a healthy dividend payout of 21.1%
Cons
- Company has a low return on equity of 13.7% for 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: Textiles Industry: Textiles - Processing
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|
74 | 74 | 78 | 70 | 76 | 100 | 128 | 120 | |
53 | 57 | 70 | 64 | 68 | 77 | 102 | 99 | |
Operating Profit | 20 | 17 | 8 | 6 | 8 | 22 | 26 | 21 |
OPM % | 27% | 23% | 10% | 9% | 11% | 22% | 20% | 18% |
3 | 3 | 3 | 1 | 4 | 2 | 4 | 4 | |
Interest | 1 | 2 | 1 | 2 | 2 | 2 | 2 | 2 |
Depreciation | 2 | 3 | 3 | 3 | 5 | 5 | 5 | 5 |
Profit before tax | 19 | 16 | 7 | 3 | 5 | 18 | 23 | 18 |
Tax % | 35% | 37% | 25% | -13% | -11% | 12% | 24% | |
Net Profit | 13 | 10 | 5 | 3 | 5 | 14 | 17 | 13 |
EPS in Rs | 38.19 | 30.99 | 15.92 | 7.90 | 13.89 | 42.09 | 50.08 | 38.62 |
Dividend Payout % | 8% | 10% | 19% | 25% | 14% | 19% | 30% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | 22% |
TTM: | -3% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 78% |
TTM: | -40% |
Stock Price CAGR | |
---|---|
10 Years: | 34% |
5 Years: | 0% |
3 Years: | 69% |
1 Year: | -11% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 14% |
Last Year: | 17% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|
3 | 3 | 3 | 3 | 3 | 3 | 3 | |
Reserves | 47 | 58 | 62 | 65 | 69 | 82 | 94 |
4 | 12 | 5 | 3 | 7 | 14 | 9 | |
8 | 12 | 12 | 10 | 21 | 17 | 19 | |
Total Liabilities | 63 | 85 | 82 | 82 | 100 | 115 | 125 |
10 | 17 | 17 | 17 | 24 | 22 | 24 | |
CWIP | 4 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 19 | 25 | 21 | 12 | 22 | 27 | 24 |
31 | 43 | 44 | 53 | 54 | 66 | 77 | |
Total Assets | 63 | 85 | 82 | 82 | 100 | 115 | 125 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|
16 | 4 | 3 | -2 | 32 | 6 | 25 | |
-14 | -7 | 3 | 7 | -21 | -4 | -1 | |
-1 | 5 | -10 | -3 | 1 | -2 | -12 | |
Net Cash Flow | 1 | 2 | -3 | 2 | 13 | 0 | 12 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|
Debtor Days | 45 | 61 | 85 | 99 | 35 | 59 | 45 |
Inventory Days | 181 | 294 | 155 | 277 | 230 | 202 | 137 |
Days Payable | 32 | 53 | 41 | 40 | 44 | 38 | 34 |
Cash Conversion Cycle | 195 | 302 | 199 | 336 | 221 | 223 | 149 |
Working Capital Days | 103 | 138 | 151 | 220 | 129 | 146 | 105 |
ROCE % | 23% | 9% | 6% | 9% | 21% | 23% |
Documents
Announcements
- Un-Audited Financial Results (Standalone And Consolidated) Of The Company For The First Quarter And Three Months Ended On 30Th June 2022 1d
- Corporate Action-Board approves Dividend 1d
- Board Meeting Outcome for Outcome Of Board Meeting Held On 12Th August 2022. 1d
- Intimation Of Record Date For 1St Interim Dividend For FY 2022-2023 2 Aug
- Corporate Action-Board to consider Dividend 2 Aug
Annual reports
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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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Capacity: [1]
Premco has a capacity of over 300 million metres per year in knitted and woven tapes.
Specialists in the production of jacquard elastics.
It has 4 manufacturing units in India- Mumbai, Dadra, Palgarh & Vapi and one foreign manufacturing unit in Vietnam.
As of FY20, Dadra & Vietnam units are the biggest contributor to overall sales. [2]