Polycon International Ltd

Polycon International Ltd

₹ 15.8 0.00%
18 Apr - close price
About

Incorporated in 1991, Polycon International Ltd is engaged in manufacturing and trading of Polyethylene Terephthalate (PET) Items.

Key Points

Product Profile:[1]
a) CPR- Open Top Rectangular Tanks[2]
b) CPVC-Industrial Buckets & Vats[3]
c) PHD - House Hold Drums[4]
d) PRLFT-Loft Tanks[5]
e) PS- Stool[6]
f) Pet Bottles[7]
g) Water Tanks[8]

  • Market Cap 7.70 Cr.
  • Current Price 15.8
  • High / Low 20.2 / 12.5
  • Stock P/E
  • Book Value 6.84
  • Dividend Yield 0.00 %
  • ROCE 6.26 %
  • ROE 1.60 %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -5.94% over past five years.
  • Company has a low return on equity of -2.87% over last 3 years.
  • Company might be capitalizing the interest cost

* 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

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

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
6.85 7.02 6.70 7.80 7.73 8.32 7.83 6.62 6.51 5.25 6.07 5.31 6.06
6.04 5.88 5.88 6.92 6.99 7.31 7.13 5.66 6.19 4.17 5.78 4.50 5.36
Operating Profit 0.81 1.14 0.82 0.88 0.74 1.01 0.70 0.96 0.32 1.08 0.29 0.81 0.70
OPM % 11.82% 16.24% 12.24% 11.28% 9.57% 12.14% 8.94% 14.50% 4.92% 20.57% 4.78% 15.25% 11.55%
0.01 0.02 0.02 0.01 0.01 0.05 0.00 0.01 0.44 -0.42 0.00 0.00 0.00
Interest 0.48 0.61 0.52 0.52 0.41 0.68 0.55 0.47 0.47 0.37 0.51 0.51 0.50
Depreciation 0.31 0.31 0.31 0.29 0.35 0.31 0.28 0.29 0.27 0.26 0.25 0.25 0.26
Profit before tax 0.03 0.24 0.01 0.08 -0.01 0.07 -0.13 0.21 0.02 0.03 -0.47 0.05 -0.06
Tax % 0.00% 12.50% -100.00% 50.00% 100.00% 14.29% -23.08% 0.00% 0.00% 166.67% 0.00% 40.00% 0.00%
0.04 0.20 0.03 0.03 0.01 0.07 -0.16 0.21 0.03 -0.02 -0.47 0.04 -0.07
EPS in Rs 0.08 0.41 0.06 0.06 0.02 0.14 -0.33 0.43 0.06 -0.04 -0.96 0.08 -0.14
Raw PDF

Profit & Loss

Figures in Rs. Crores

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
39.67 39.47 44.06 38.37 36.76 39.56 35.61 37.53 30.02 27.61 30.55 26.22 22.69
36.28 36.29 40.14 34.68 33.56 36.47 33.38 34.38 27.93 24.54 27.25 23.16 19.81
Operating Profit 3.39 3.18 3.92 3.69 3.20 3.09 2.23 3.15 2.09 3.07 3.30 3.06 2.88
OPM % 8.55% 8.06% 8.90% 9.62% 8.71% 7.81% 6.26% 8.39% 6.96% 11.12% 10.80% 11.67% 12.69%
0.06 0.05 0.04 0.23 0.08 0.04 0.55 0.05 -1.69 0.04 0.08 0.03 -0.42
Interest 1.55 1.85 2.49 2.37 1.91 1.81 1.40 2.00 2.17 2.20 2.21 1.86 1.89
Depreciation 1.47 1.23 1.09 1.21 0.98 0.98 1.01 1.00 1.05 1.20 1.26 1.08 1.02
Profit before tax 0.43 0.15 0.38 0.34 0.39 0.34 0.37 0.20 -2.82 -0.29 -0.09 0.15 -0.45
Tax % 30.23% 40.00% 31.58% 32.35% 30.77% 29.41% 18.92% 25.00% -2.13% -3.45% -22.22% 53.33%
0.30 0.09 0.27 0.25 0.27 0.24 0.30 0.15 -2.88 -0.30 -0.10 0.06 -0.52
EPS in Rs 0.61 0.18 0.55 0.51 0.55 0.49 0.61 0.31 -5.88 -0.61 -0.20 0.12 -1.06
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -4%
5 Years: -6%
3 Years: -4%
TTM: -23%
Compounded Profit Growth
10 Years: -4%
5 Years: 25%
3 Years: 27%
TTM: -447%
Stock Price CAGR
10 Years: 4%
5 Years: 12%
3 Years: 53%
1 Year: 15%
Return on Equity
10 Years: -1%
5 Years: -5%
3 Years: -3%
Last Year: 2%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 5.44 5.44 5.44 5.44 5.44 5.44 5.44 5.44 5.44 5.44 5.44 5.44 5.44
Reserves 0.73 0.82 1.09 1.31 1.58 1.78 2.09 2.24 -0.62 -1.62 -1.72 -1.66 -2.09
16.61 21.10 25.59 20.39 20.26 21.55 21.59 22.75 21.94 24.51 27.42 29.34 31.42
1.93 2.42 2.91 2.88 2.66 2.84 3.39 4.30 4.56 4.64 5.86 4.31 5.67
Total Liabilities 24.71 29.78 35.03 30.02 29.94 31.61 32.51 34.73 31.32 32.97 37.00 37.43 40.44
8.38 9.73 10.90 10.83 10.67 11.43 11.89 11.51 10.34 9.72 9.86 8.79 8.28
CWIP 0.04 0.00 0.61 0.41 0.68 0.21 0.21 2.36 0.00 0.00 0.00 1.12 1.73
Investments 0.06 0.06 0.06 0.06 0.02 0.01 0.02 0.02 0.01 0.02 0.03 0.03 0.03
16.23 19.99 23.46 18.72 18.57 19.96 20.39 20.84 20.97 23.23 27.11 27.49 30.40
Total Assets 24.71 29.78 35.03 30.02 29.94 31.61 32.51 34.73 31.32 32.97 37.00 37.43 40.44

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
1.32 -0.21 0.91 7.90 1.25 2.66 1.81 4.35 0.77 -0.07 2.26 -0.01
-1.74 -2.49 -2.82 -0.73 -0.95 -1.30 -0.76 -2.76 0.69 -0.52 -1.36 -1.20
0.81 2.63 2.08 -7.58 0.07 -0.90 -1.93 -1.38 -1.46 0.37 -0.87 1.31
Net Cash Flow 0.39 -0.07 0.17 -0.41 0.37 0.46 -0.88 0.21 0.00 -0.22 0.03 0.10

Ratios

Figures in Rs. Crores

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 74.53 85.35 92.70 105.30 95.02 99.37 123.20 106.79 127.06 142.11 130.23 121.39
Inventory Days 56.43 61.81 57.17 56.56 73.61 67.41 84.88 112.97 166.43 248.67 300.71 393.00
Days Payable 14.33 18.36 11.69 12.20 20.88 15.03 24.92 20.32 56.54 55.86 80.25 60.88
Cash Conversion Cycle 116.63 128.81 138.18 149.66 147.76 151.75 183.16 199.44 236.94 334.92 350.69 453.51
Working Capital Days 105.53 133.90 114.98 89.23 111.01 112.19 135.91 120.89 159.89 200.41 199.05 292.47
ROCE % 9.23% 7.94% 9.65% 9.15% 8.38% 7.64% 4.87% 7.32% 3.92% 6.93% 7.13% 6.26%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
49.81% 49.81% 49.81% 49.81% 49.81% 49.61% 49.61% 49.61% 49.61% 49.61% 49.61% 49.61%
50.19% 50.19% 50.19% 50.19% 50.19% 50.39% 50.39% 50.39% 50.38% 50.38% 50.39% 50.39%
No. of Shareholders 746746834834820816818816816856876900

Documents