Prima Plastics Ltd
Incorporated in 1993, Prima Plastics Ltd manufactures and sells Plastic Articles and related products[1]
- Market Cap ₹ 180 Cr.
- Current Price ₹ 164
- High / Low ₹ 254 / 140
- Stock P/E 56.4
- Book Value ₹ 63.3
- Dividend Yield 1.21 %
- ROCE 6.94 %
- ROE 5.35 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 46.0%
- Debtor days have improved from 86.8 to 68.5 days.
Cons
- Stock is trading at 2.56 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 1.37% over past five years.
- Tax rate seems low
- Company has a low return on equity of 3.23% over last 3 years.
- Earnings include an other income of Rs.4.55 Cr.
* 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: Plastic products Industry: Plastics Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
69 | 76 | 84 | 90 | 84 | 94 | 111 | 99 | 92 | 111 | 139 | 119 | 121 | |
68 | 70 | 79 | 79 | 75 | 85 | 105 | 92 | 85 | 107 | 127 | 111 | 114 | |
Operating Profit | 1 | 6 | 4 | 10 | 9 | 10 | 7 | 6 | 6 | 3 | 12 | 8 | 7 |
OPM % | 2% | 8% | 5% | 12% | 11% | 10% | 6% | 7% | 7% | 3% | 8% | 7% | 6% |
5 | 1 | 2 | 4 | 6 | 4 | 5 | 1 | 4 | 0 | 3 | 4 | 5 | |
Interest | 1 | 1 | 1 | 0 | 1 | 1 | 2 | 2 | 1 | 2 | 4 | 4 | 3 |
Depreciation | 2 | 2 | 1 | 2 | 1 | 1 | 2 | 3 | 3 | 3 | 5 | 5 | 4 |
Profit before tax | 3 | 4 | 4 | 12 | 14 | 10 | 7 | 2 | 5 | -2 | 5 | 4 | 3 |
Tax % | 22% | 22% | 20% | 20% | 28% | 28% | 20% | 14% | 21% | 2% | 4% | 7% | |
3 | 3 | 3 | 10 | 10 | 8 | 5 | 2 | 4 | -2 | 4 | 4 | 3 | |
EPS in Rs | 2.39 | 2.90 | 3.13 | 8.75 | 8.94 | 6.85 | 4.97 | 1.80 | 3.95 | -1.56 | 4.05 | 3.46 | 2.90 |
Dividend Payout % | 42% | 34% | 48% | 23% | 22% | 29% | 20% | 56% | 38% | 0% | 37% | 101% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 1% |
3 Years: | 9% |
TTM: | -12% |
Compounded Profit Growth | |
---|---|
10 Years: | 2% |
5 Years: | -7% |
3 Years: | -4% |
TTM: | -20% |
Stock Price CAGR | |
---|---|
10 Years: | 12% |
5 Years: | 27% |
3 Years: | 19% |
1 Year: | -6% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 4% |
3 Years: | 3% |
Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
Reserves | 30 | 32 | 31 | 38 | 48 | 53 | 56 | 55 | 59 | 56 | 60 | 60 | 59 |
5 | 10 | 4 | 1 | 5 | 28 | 31 | 21 | 23 | 52 | 42 | 35 | 40 | |
12 | 9 | 8 | 7 | 6 | 7 | 7 | 8 | 7 | 9 | 15 | 15 | 17 | |
Total Liabilities | 57 | 61 | 54 | 57 | 70 | 99 | 104 | 95 | 100 | 128 | 129 | 121 | 127 |
13 | 12 | 11 | 10 | 20 | 25 | 25 | 25 | 25 | 27 | 49 | 46 | 46 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 16 | 0 | 1 | 1 |
Investments | 2 | 2 | 2 | 2 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
43 | 47 | 41 | 45 | 47 | 70 | 75 | 65 | 68 | 80 | 75 | 69 | 76 | |
Total Assets | 57 | 61 | 54 | 57 | 70 | 99 | 104 | 95 | 100 | 128 | 129 | 121 | 127 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | -3 | 7 | 7 | -1 | -17 | -0 | 19 | 3 | -8 | 21 | 16 | |
3 | 0 | 2 | 3 | -7 | -3 | 3 | -1 | -3 | -17 | -8 | -4 | |
-5 | 3 | -9 | -5 | 4 | 19 | -3 | -16 | -2 | 25 | -14 | -13 | |
Net Cash Flow | -0 | 1 | 0 | 4 | -4 | -1 | -1 | 3 | -3 | 0 | -0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 73 | 79 | 60 | 61 | 61 | 82 | 86 | 75 | 77 | 121 | 71 | 69 |
Inventory Days | 129 | 137 | 114 | 100 | 115 | 139 | 117 | 143 | 183 | 116 | 120 | 132 |
Days Payable | 62 | 28 | 7 | 7 | 7 | 11 | 8 | 12 | 16 | 25 | 19 | 17 |
Cash Conversion Cycle | 140 | 188 | 167 | 154 | 169 | 209 | 195 | 206 | 244 | 212 | 172 | 184 |
Working Capital Days | 130 | 152 | 132 | 126 | 131 | 181 | 167 | 161 | 205 | 224 | 159 | 166 |
ROCE % | 10% | 11% | 11% | 25% | 24% | 15% | 10% | 5% | 7% | 0% | 8% | 7% |
Documents
Announcements
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Transfer Of Shares To Investor Education And Protection Fund Pursuant To Section 124(6) Of The Companies Act, 2013
2 Dec - Transfer of shares to Investor Education and Protection Fund.
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
26 Nov - Intimation of loss of share certificate by shareholder.
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
26 Nov - Intimation of loss of share certificate by shareholder.
-
Announcement under Regulation 30 (LODR)-Credit Rating
22 Nov - CRISIL revises credit ratings for Prima Plastics.
-
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
19 Nov - Intimation of loss of share certificate by shareholder.
Annual reports
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Financial Year 2024
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Financial Year 2023
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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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Business Overview:[1]
PPL is a manufacturer & exporters of Plastic Products. It is certified with ISO 9001, ISO 14001 and OHSAS 18001 and is titled as One Star Export House by Ministry of commerce and industry DGFT Govt. Of India. Company
is one of the largest supplier of Waste Management Products under the Swachh Bharat Abhiyan to various municipal bodies in India