Polylink Polymers (India) Ltd
Incorporated in 1993, Polylink Polymers Ltd manufactures and sells polymeric compounds and color masterbatches
- Market Cap ₹ 62.5 Cr.
- Current Price ₹ 28.2
- High / Low ₹ 40.3 / 18.4
- Stock P/E 47.0
- Book Value ₹ 12.0
- Dividend Yield 0.00 %
- ROCE 4.04 %
- ROE 2.52 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Debtor days have improved from 64.7 to 47.0 days.
- Company's working capital requirements have reduced from 82.6 days to 64.6 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 7.88% over past five years.
- Company has a low return on equity of 3.66% over last 3 years.
* 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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
30.21 | 32.06 | 35.40 | 37.04 | 35.99 | 32.01 | 34.46 | 47.04 | 47.05 | 37.43 | 45.69 | 50.36 | 66.33 | |
27.63 | 29.38 | 32.36 | 34.24 | 33.24 | 30.03 | 31.62 | 44.79 | 45.11 | 35.54 | 43.70 | 48.62 | 63.69 | |
Operating Profit | 2.58 | 2.68 | 3.04 | 2.80 | 2.75 | 1.98 | 2.84 | 2.25 | 1.94 | 1.89 | 1.99 | 1.74 | 2.64 |
OPM % | 8.54% | 8.36% | 8.59% | 7.56% | 7.64% | 6.19% | 8.24% | 4.78% | 4.12% | 5.05% | 4.36% | 3.46% | 3.98% |
0.30 | 1.87 | 1.14 | 0.59 | 0.81 | 0.87 | 0.68 | 0.62 | 0.76 | 0.53 | 0.45 | 0.27 | 0.21 | |
Interest | 1.72 | 1.45 | 1.24 | 1.08 | 0.56 | 0.36 | 0.37 | 0.42 | 0.36 | 0.12 | 0.15 | 0.10 | 0.13 |
Depreciation | 1.67 | 1.72 | 1.41 | 1.40 | 0.54 | 0.75 | 0.90 | 0.87 | 0.90 | 0.82 | 0.89 | 0.94 | 0.94 |
Profit before tax | -0.51 | 1.38 | 1.53 | 0.91 | 2.46 | 1.74 | 2.25 | 1.58 | 1.44 | 1.48 | 1.40 | 0.97 | 1.78 |
Tax % | 913.73% | 28.99% | 32.03% | 57.14% | 25.20% | 33.91% | 33.78% | 29.75% | 26.39% | 19.59% | 36.43% | 32.99% | |
4.15 | 0.98 | 1.04 | 0.38 | 1.82 | 1.14 | 1.49 | 1.11 | 1.07 | 1.19 | 0.90 | 0.64 | 1.33 | |
EPS in Rs | 1.88 | 0.44 | 0.47 | 0.17 | 0.82 | 0.52 | 0.67 | 0.50 | 0.48 | 0.54 | 0.41 | 0.29 | 0.60 |
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: | 5% |
5 Years: | 8% |
3 Years: | 2% |
TTM: | 30% |
Compounded Profit Growth | |
---|---|
10 Years: | 18% |
5 Years: | -15% |
3 Years: | -15% |
TTM: | 53% |
Stock Price CAGR | |
---|---|
10 Years: | 26% |
5 Years: | 13% |
3 Years: | 24% |
1 Year: | 53% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 4% |
3 Years: | 4% |
Last Year: | 3% |
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 | 11.06 | 11.06 | 11.06 | 11.06 | 11.06 | 11.06 | 11.06 | 11.06 | 11.06 | 11.06 | 11.06 | 11.06 | 11.06 |
Reserves | -4.70 | -3.73 | -2.68 | -2.30 | -0.48 | 8.62 | 10.14 | 11.26 | 12.32 | 13.53 | 14.45 | 15.03 | 15.52 |
11.84 | 9.53 | 8.28 | 4.30 | 3.23 | 2.58 | 2.62 | 2.98 | 0.42 | 1.38 | 1.87 | 0.45 | 1.28 | |
2.82 | 2.80 | 2.57 | 2.11 | 2.76 | 3.51 | 3.37 | 3.77 | 4.39 | 3.42 | 3.69 | 3.55 | 4.16 | |
Total Liabilities | 21.02 | 19.66 | 19.23 | 15.17 | 16.57 | 25.77 | 27.19 | 29.07 | 28.19 | 29.39 | 31.07 | 30.09 | 32.02 |
9.21 | 7.39 | 5.71 | 4.78 | 5.35 | 15.49 | 15.86 | 15.90 | 15.75 | 15.25 | 16.33 | 15.79 | 15.76 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.20 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
11.81 | 12.27 | 13.52 | 10.39 | 11.22 | 10.28 | 11.33 | 13.17 | 12.44 | 12.94 | 14.74 | 14.30 | 16.26 | |
Total Assets | 21.02 | 19.66 | 19.23 | 15.17 | 16.57 | 25.77 | 27.19 | 29.07 | 28.19 | 29.39 | 31.07 | 30.09 | 32.02 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2.61 | 1.25 | -0.14 | 5.46 | 2.55 | 1.24 | 1.88 | 0.39 | 3.80 | 0.28 | 0.48 | 4.13 | |
-0.13 | 1.29 | 0.99 | -0.43 | -0.69 | -0.44 | -1.55 | -0.41 | -0.77 | -1.18 | -0.87 | -0.52 | |
-2.45 | -2.15 | -1.24 | -5.01 | -1.58 | -0.96 | -0.33 | -0.03 | -2.94 | 0.71 | 0.36 | -1.49 | |
Net Cash Flow | 0.03 | 0.39 | -0.39 | 0.02 | 0.29 | -0.16 | -0.01 | -0.05 | 0.09 | -0.19 | -0.03 | 2.12 |
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 | 39.39 | 42.24 | 46.81 | 40.50 | 40.16 | 60.32 | 68.32 | 66.03 | 56.40 | 72.84 | 74.21 | 46.97 |
Inventory Days | 44.19 | 28.99 | 43.70 | 17.40 | 30.87 | 51.14 | 57.68 | 42.34 | 43.73 | 60.72 | 51.20 | 48.21 |
Days Payable | 35.93 | 31.43 | 19.66 | 20.28 | 23.23 | 42.02 | 34.42 | 24.00 | 29.71 | 30.63 | 26.29 | 19.90 |
Cash Conversion Cycle | 47.65 | 39.79 | 70.84 | 37.62 | 47.81 | 69.44 | 91.58 | 84.37 | 70.42 | 102.93 | 99.12 | 75.27 |
Working Capital Days | 19.33 | 36.66 | 65.47 | 42.27 | 48.58 | 69.21 | 76.47 | 72.01 | 61.83 | 92.35 | 90.75 | 64.65 |
ROCE % | 7.12% | 9.24% | 13.90% | 14.06% | 22.48% | 11.64% | 11.37% | 8.14% | 7.33% | 6.43% | 5.81% | 4.04% |
Documents
Announcements
- Certificate Under Regulation 40 (9) Of SEBI (Listing Obligation And Disclosure Requirement) Regulations, 2015 For The Year Ended March 31, 2024 12 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 9 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
2 Apr - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulation, 2018 for the quarter ended 31st March, 2024
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Compliance Certificate For The Year Ended 31St March, 2024
2 Apr - Compliance Certificate under Regulation 7(3) of SEBI (LODR) Regulations, 2015
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Announcement under Regulation 30 (LODR)-Newspaper Publication
6 Feb - Pursuant to Regulation 47 of SEBI (LODR) Regulations, 2015, please find attached copies of newspaper publication of unaudited financial results for the quarter ended and …
Annual reports
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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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Financial Year 2009
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Business Overview:[1]
Company manufactures various compounds of Power cable, Telephone cable and Engineering Plastics. Company also started production of Black, Color Master Batch and pigments