Polycon International Ltd
Incorporated in 1991, Polycon International Ltd is engaged in manufacturing and trading of Polyethylene Terephthalate (PET) Items.
- Market Cap ₹ 13.9 Cr.
- Current Price ₹ 28.4
- High / Low ₹ 33.8 / 11.5
- Stock P/E 69.3
- Book Value ₹ 7.84
- Dividend Yield 0.00 %
- ROCE 6.08 %
- ROE 1.57 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.62 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -9.31% over past five years.
- Company has a low return on equity of 0.18% 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
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
39.47 | 44.06 | 38.37 | 36.76 | 39.56 | 35.61 | 37.53 | 30.02 | 27.61 | 30.55 | 26.22 | 23.02 | 22.78 | |
36.29 | 40.14 | 34.68 | 33.56 | 36.47 | 33.38 | 34.38 | 27.93 | 24.54 | 27.25 | 23.16 | 19.89 | 19.44 | |
Operating Profit | 3.18 | 3.92 | 3.69 | 3.20 | 3.09 | 2.23 | 3.15 | 2.09 | 3.07 | 3.30 | 3.06 | 3.13 | 3.34 |
OPM % | 8.06% | 8.90% | 9.62% | 8.71% | 7.81% | 6.26% | 8.39% | 6.96% | 11.12% | 10.80% | 11.67% | 13.60% | 14.66% |
0.05 | 0.04 | 0.23 | 0.08 | 0.04 | 0.55 | 0.05 | -1.69 | 0.04 | 0.08 | 0.03 | 0.03 | 0.03 | |
Interest | 1.85 | 2.49 | 2.37 | 1.91 | 1.81 | 1.40 | 2.00 | 2.17 | 2.20 | 2.21 | 1.86 | 2.07 | 2.09 |
Depreciation | 1.23 | 1.09 | 1.21 | 0.98 | 0.98 | 1.01 | 1.00 | 1.05 | 1.20 | 1.26 | 1.08 | 1.04 | 1.11 |
Profit before tax | 0.15 | 0.38 | 0.34 | 0.39 | 0.34 | 0.37 | 0.20 | -2.82 | -0.29 | -0.09 | 0.15 | 0.05 | 0.17 |
Tax % | 40.00% | 31.58% | 32.35% | 30.77% | 29.41% | 18.92% | 25.00% | 2.13% | 3.45% | 22.22% | 53.33% | -20.00% | |
0.09 | 0.27 | 0.25 | 0.27 | 0.24 | 0.30 | 0.15 | -2.88 | -0.30 | -0.10 | 0.06 | 0.06 | 0.20 | |
EPS in Rs | 0.18 | 0.55 | 0.51 | 0.55 | 0.49 | 0.61 | 0.31 | -5.88 | -0.61 | -0.20 | 0.12 | 0.12 | 0.41 |
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: | -6% |
5 Years: | -9% |
3 Years: | -6% |
TTM: | -7% |
Compounded Profit Growth | |
---|---|
10 Years: | -14% |
5 Years: | -16% |
3 Years: | 30% |
TTM: | 180% |
Stock Price CAGR | |
---|---|
10 Years: | 12% |
5 Years: | 31% |
3 Years: | 26% |
1 Year: | 77% |
Return on Equity | |
---|---|
10 Years: | -1% |
5 Years: | -6% |
3 Years: | 0% |
Last Year: | 2% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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 |
Reserves | 0.82 | 1.09 | 1.31 | 1.58 | 1.78 | 2.09 | 2.24 | -0.62 | -1.62 | -1.72 | -1.66 | -1.60 |
21.10 | 25.59 | 20.39 | 20.26 | 21.55 | 21.59 | 22.75 | 21.94 | 24.51 | 27.42 | 29.34 | 32.77 | |
2.42 | 2.91 | 2.88 | 2.66 | 2.84 | 3.39 | 4.30 | 4.56 | 4.64 | 5.86 | 4.31 | 5.44 | |
Total Liabilities | 29.78 | 35.03 | 30.02 | 29.94 | 31.61 | 32.51 | 34.73 | 31.32 | 32.97 | 37.00 | 37.43 | 42.05 |
9.73 | 10.90 | 10.83 | 10.67 | 11.43 | 11.89 | 11.51 | 10.34 | 9.72 | 9.86 | 8.79 | 8.93 | |
CWIP | 0.00 | 0.61 | 0.41 | 0.68 | 0.21 | 0.21 | 2.36 | 0.00 | 0.00 | 0.00 | 1.12 | 1.24 |
Investments | 0.06 | 0.06 | 0.06 | 0.02 | 0.01 | 0.02 | 0.02 | 0.01 | 0.02 | 0.03 | 0.03 | 0.03 |
19.99 | 23.46 | 18.72 | 18.57 | 19.96 | 20.39 | 20.84 | 20.97 | 23.23 | 27.11 | 27.49 | 31.85 | |
Total Assets | 29.78 | 35.03 | 30.02 | 29.94 | 31.61 | 32.51 | 34.73 | 31.32 | 32.97 | 37.00 | 37.43 | 42.05 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.21 | 0.91 | 7.90 | 1.25 | 2.66 | 1.81 | 4.35 | 0.77 | -0.07 | 2.26 | -0.01 | -0.61 | |
-2.49 | -2.82 | -0.73 | -0.95 | -1.30 | -0.76 | -2.76 | 0.69 | -0.52 | -1.36 | -1.20 | -1.34 | |
2.63 | 2.08 | -7.58 | 0.07 | -0.90 | -1.93 | -1.38 | -1.46 | 0.37 | -0.87 | 1.31 | 1.88 | |
Net Cash Flow | -0.07 | 0.17 | -0.41 | 0.37 | 0.46 | -0.88 | 0.21 | 0.00 | -0.22 | 0.03 | 0.10 | -0.07 |
Ratios
Figures in Rs. Crores
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 | 85.35 | 92.70 | 105.30 | 95.02 | 99.37 | 123.20 | 106.79 | 127.06 | 142.11 | 130.23 | 121.39 | 138.42 |
Inventory Days | 61.81 | 57.17 | 56.56 | 73.61 | 67.41 | 84.88 | 112.97 | 166.43 | 248.67 | 300.71 | 393.00 | 613.16 |
Days Payable | 18.36 | 11.69 | 12.20 | 20.88 | 15.03 | 24.92 | 20.32 | 56.54 | 55.86 | 80.25 | 60.88 | 95.27 |
Cash Conversion Cycle | 128.81 | 138.18 | 149.66 | 147.76 | 151.75 | 183.16 | 199.44 | 236.94 | 334.92 | 350.69 | 453.51 | 656.31 |
Working Capital Days | 133.90 | 114.98 | 89.23 | 111.01 | 112.19 | 135.91 | 120.89 | 159.89 | 200.41 | 199.05 | 292.47 | 392.11 |
ROCE % | 7.94% | 9.65% | 9.15% | 8.38% | 7.64% | 4.87% | 7.32% | 3.92% | 6.93% | 7.13% | 6.26% | 6.08% |
Documents
Announcements
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Board Meeting Intimation for Approval Of Unaudited Financial Results Of The Company For The Quarter/Half Year Ended On 30.09.2024
31 Oct - Board meeting scheduled for financial results on November 14, 2024.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
30 Oct - Appointment of Mrs. Archana Sharma and Mr. Vinod Sacheti as independent directors.
-
Board Meeting Outcome for Appointment Of Independent Directors And Re-Constitution Of Statutory Committees
30 Oct - Appointment of independent directors and reconstitution of committees.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Oct - Company has submitted Certificate under Regulation 74(5) of SEBI ( DP ) Regulations,2018 for the Quarter ended on 30.09.2024 received from RTA.
- Scrutinizer''s Report 27 Sep
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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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]