Mewar Polytex Ltd
Mewar Polytex Limited was originally incorporated in 1979 as private limited company and subsequently converted in to public limited company in 1994 is listed on Bombay Stock Exchange (BSE). The Company was promoted by Mr. B.H. Bapna an engineer from University of California, to manufacture light weight PP bags for packing minerals and chemical during a period when HDPE bags were predominately used.
- Market Cap ₹ 22.9 Cr.
- Current Price ₹ 71.0
- High / Low ₹ /
- Stock P/E 6.78
- Book Value ₹ 86.5
- Dividend Yield %
- ROCE 13.3 %
- ROE 12.9 %
- Face Value ₹
Pros
- Stock is trading at 0.82 times its book value
Cons
- Company has a low return on equity of 13.1% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.4.12 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.
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
23 | 23 | 25 | 30 | 37 | 45 | 49 | 56 | 68 | 66 | 76 | 108 | |
22 | 21 | 21 | 27 | 34 | 43 | 48 | 53 | 63 | 62 | 72 | 104 | |
Operating Profit | 1 | 2 | 4 | 3 | 3 | 2 | 1 | 3 | 5 | 5 | 4 | 4 |
OPM % | 4% | 7% | 15% | 10% | 8% | 4% | 3% | 6% | 7% | 7% | 5% | 4% |
1 | 0 | 0 | 0 | 0 | 2 | 1 | 1 | 1 | 2 | 3 | 4 | |
Interest | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 1 | 0 | 0 | 0 | 1 |
Depreciation | 0 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 |
Profit before tax | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 5 | 5 | 5 | 5 |
Tax % | 27% | 31% | 39% | 31% | 32% | 19% | 30% | 32% | 37% | 41% | 37% | 30% |
1 | 1 | 1 | 1 | 1 | 2 | 1 | 2 | 3 | 3 | 3 | 3 | |
EPS in Rs | 3.03 | 2.14 | 2.20 | 2.29 | 2.48 | 5.57 | 3.31 | 5.85 | 8.95 | 8.92 | 8.85 | 10.65 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 17% |
5 Years: | 17% |
3 Years: | 17% |
TTM: | 42% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | 37% |
3 Years: | 2% |
TTM: | 19% |
Stock Price CAGR | |
---|---|
10 Years: | 9% |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 14% |
3 Years: | 13% |
Last Year: | 13% |
Balance Sheet
Figures in Rs. Crores
Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Reserves | 5 | 6 | 6 | 7 | 8 | 10 | 11 | 13 | 16 | 18 | 21 | 25 |
3 | 5 | 6 | 7 | 10 | 5 | 7 | 7 | 5 | 9 | 13 | 20 | |
1 | 1 | 1 | 0 | 1 | 1 | 2 | 6 | 5 | 7 | 12 | 11 | |
Total Liabilities | 12 | 14 | 17 | 18 | 23 | 19 | 23 | 29 | 29 | 37 | 50 | 59 |
4 | 6 | 6 | 5 | 6 | 4 | 6 | 5 | 13 | 15 | 15 | 21 | |
CWIP | 0 | 0 | 0 | 1 | 2 | 0 | 0 | 3 | 0 | 0 | 2 | 8 |
Investments | 0 | 1 | 4 | 3 | 3 | 2 | 0 | 0 | 0 | 0 | 0 | 0 |
8 | 7 | 6 | 9 | 11 | 13 | 17 | 20 | 16 | 22 | 33 | 29 | |
Total Assets | 12 | 14 | 17 | 18 | 23 | 19 | 23 | 29 | 29 | 37 | 50 | 59 |
Cash Flows
Figures in Rs. Crores
Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | 3 | 3 | -1 | 1 | 1 | 0 | 4 | 7 | 1 | 0 | 8 | |
-0 | -3 | -5 | 0 | -3 | 6 | 0 | -4 | -10 | -3 | -4 | -15 | |
-1 | 2 | 1 | 1 | 3 | -6 | 0 | 4 | -0 | 2 | 3 | 8 | |
Net Cash Flow | -1 | 2 | -1 | -0 | 0 | 0 | 0 | 4 | -4 | 0 | -0 | 0 |
Ratios
Figures in Rs. Crores
Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 41 | 32 | 17 | 29 | 45 | 35 | 58 | 54 | 51 | 48 | 82 | 55 |
Inventory Days | 80 | 38 | 53 | 68 | 55 | 64 | 41 | 20 | 20 | 75 | 59 | 37 |
Days Payable | 8 | 6 | 8 | 0 | 9 | 0 | 9 | 2 | 2 | 16 | 55 | 11 |
Cash Conversion Cycle | 114 | 64 | 62 | 97 | 91 | 99 | 90 | 72 | 69 | 107 | 86 | 81 |
Working Capital Days | 104 | 70 | 61 | 81 | 79 | 81 | 90 | 69 | 60 | 82 | 98 | 74 |
ROCE % | 10% | 10% | 12% | 11% | 10% | 11% | 7% | 14% | 23% | 19% | 14% | 13% |
Documents
Announcements
- Standalone Financial Results, Limited Review Report for September 30, 2016 14 Nov 2016
- Board Meeting Intimation for Results & Closure of Trading Window 5 Nov 2016
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 19 Oct 2016
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 19 Oct 2016
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 19 Oct 2016