Mewar Polytex Ltd

Mewar Polytex Ltd

₹ 71.0 0.00%
29 Dec 2016
About

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.

Peer comparison

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Quarterly Results

Figures in Rs. Crores

Sep 2013 Dec 2013 Mar 2014 Jun 2014 Sep 2014 Dec 2014 Mar 2015 Jun 2015 Sep 2015 Dec 2015 Mar 2016 Jun 2016 Sep 2016
11.38 14.64 12.71 10.99 12.11 16.11 16.42 18.74 18.68 13.58 17.16 16.92 16.67
10.90 14.05 12.14 10.83 11.49 15.38 14.71 18.08 17.50 12.57 15.36 15.87 15.33
Operating Profit 0.48 0.59 0.57 0.16 0.62 0.73 1.71 0.66 1.18 1.01 1.80 1.05 1.34
OPM % 4.22% 4.03% 4.48% 1.46% 5.12% 4.53% 10.41% 3.52% 6.32% 7.44% 10.49% 6.21% 8.04%
0.24 -0.01 0.02 0.70 0.11 0.34 0.09 0.44 0.46 0.39 0.21 0.63 0.34
Interest 0.07 0.20 0.24 0.15 0.20 0.12 0.10 0.10 0.04 0.06 0.10 0.03 0.04
Depreciation 0.20 0.26 0.24 0.26 0.26 0.36 0.24 0.27 0.34 0.29 0.36 0.44 0.44
Profit before tax 0.45 0.12 0.11 0.45 0.27 0.59 1.46 0.73 1.26 1.05 1.55 1.21 1.20
Tax % 28.89% 58.33% 200.00% 31.11% 33.33% 32.20% 30.82% 23.29% 39.68% 34.29% 43.87% 30.58% 39.17%
0.32 0.05 -0.12 0.31 0.17 0.40 1.01 0.55 0.76 0.70 0.87 0.84 0.73
EPS in Rs 0.99 0.15 -0.37 0.96 0.53 1.24 3.13 1.70 2.35 2.17 2.69 2.60 2.26
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

Jun 2016Sep 2016
70.87% 70.87%
29.13% 29.13%
No. of Shareholders 449421

Documents