Bisil Plast Ltd

Bisil Plast Ltd

₹ 2.08 4.52%
27 May 12:18 p.m.
About

Incorporated in 1986, Bisil Plast Ltd manufactures PET bottles, jars and ancillary products[1]

Key Points

Business Overview:[1][2]
Company is in the business of dealing in PET bottles, Jars and its ancillary product through wholesale supply to Pharmaceutical companies, FMCG Companies, bottling companies, etc.
Company has identified supplier of PET bottles and Jars manufacturers and have initiated the process and executed agreement to acquire PET bottles and Jars

  • Market Cap 11.2 Cr.
  • Current Price 2.08
  • High / Low 3.19 / 1.43
  • Stock P/E 56.2
  • Book Value 0.19
  • Dividend Yield 0.00 %
  • ROCE 21.4 %
  • ROE 21.4 %
  • Face Value 1.00

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 10.8 times its book value
  • Promoter holding is low: 0.04%
  • Company has high debtors of 249 days.
  • Working capital days have increased from 32.3 days to 61.6 days

* 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

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Quarterly Results

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
0.11 0.36 0.57 0.13 0.46 0.72 1.07 1.87 0.38 0.88 0.73 1.02 1.40
0.12 0.39 0.52 0.14 0.46 0.71 1.05 1.72 0.39 0.84 0.68 0.94 1.34
Operating Profit -0.01 -0.03 0.05 -0.01 0.00 0.01 0.02 0.15 -0.01 0.04 0.05 0.08 0.06
OPM % -9.09% -8.33% 8.77% -7.69% 0.00% 1.39% 1.87% 8.02% -2.63% 4.55% 6.85% 7.84% 4.29%
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
Interest 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
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03
Profit before tax -0.01 -0.03 0.05 -0.01 0.00 0.01 0.02 0.15 -0.01 0.04 0.05 0.08 0.03
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-0.01 -0.03 0.05 -0.01 0.00 0.01 0.02 0.15 -0.01 0.04 0.05 0.08 0.04
EPS in Rs -0.00 -0.01 0.01 -0.00 0.00 0.00 0.00 0.03 -0.00 0.01 0.01 0.01 0.01
Raw PDF

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
0.00 0.00 0.00 0.00 0.00 0.00 0.06 1.24 0.98 1.51 4.03 4.03
0.20 0.06 0.06 0.11 0.08 0.10 0.17 1.28 1.01 1.49 3.85 3.80
Operating Profit -0.20 -0.06 -0.06 -0.11 -0.08 -0.10 -0.11 -0.04 -0.03 0.02 0.18 0.23
OPM % -183.33% -3.23% -3.06% 1.32% 4.47% 5.71%
0.00 0.00 0.00 0.00 0.06 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.08 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.03 0.03 0.03 0.03 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03
Profit before tax -0.31 -0.09 -0.09 -0.14 -0.02 -0.10 -0.11 -0.04 -0.03 0.02 0.18 0.20
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-0.31 -0.09 -0.09 -0.14 -0.02 -0.10 -0.11 -0.04 -0.03 0.02 0.18 0.20
EPS in Rs -0.06 -0.02 -0.02 -0.03 -0.00 -0.02 -0.02 -0.01 -0.01 0.00 0.03 0.04
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 Years: 132%
3 Years: 60%
TTM: 0%
Compounded Profit Growth
10 Years: 15%
5 Years: 31%
3 Years: 105%
TTM: 11%
Stock Price CAGR
10 Years: 14%
5 Years: %
3 Years: %
1 Year: -36%
Return on Equity
10 Years: -2%
5 Years: 9%
3 Years: 17%
Last Year: 21%

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 5.26 5.26 5.26 5.26 5.26 5.26 5.40 5.40 5.40 5.40 5.40 5.40
Reserves -4.15 -4.23 -4.32 -4.46 -4.48 -4.58 -4.68 -4.73 -4.76 -4.74 -4.57 -4.36
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 -0.01 0.00 0.00 0.00 0.01 0.03 0.37 0.25 0.51 0.56 2.52
Total Liabilities 1.11 1.02 0.94 0.80 0.78 0.69 0.75 1.04 0.89 1.17 1.39 3.56
0.45 0.42 0.39 0.37 0.00 0.00 0.00 0.00 0.00 0.00 0.27 0.25
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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
0.66 0.60 0.55 0.43 0.78 0.69 0.75 1.04 0.89 1.17 1.12 3.31
Total Assets 1.11 1.02 0.94 0.80 0.78 0.69 0.75 1.04 0.89 1.17 1.39 3.56

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
0.04 0.00 -0.06 -0.11 -0.02 -0.09 -0.10 0.00 -0.09 0.04 -0.31 0.01
0.19 0.00 0.00 0.09 0.03 0.09 0.08 0.00 0.00 0.00 -0.28 0.00
-0.83 0.00 0.08 0.00 0.00 0.00 0.15 0.00 0.00 0.22 0.38 0.00
Net Cash Flow -0.60 0.00 0.02 -0.02 0.00 0.00 0.13 0.00 -0.09 0.26 -0.21 0.01

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 121.67 88.31 89.39 113.61 86.04 249.07
Inventory Days 0.00 0.00 0.00 0.00 4.93 38.89
Days Payable 53.27 237.35
Cash Conversion Cycle 121.67 88.31 89.39 113.61 37.70 50.61
Working Capital Days 3,528.33 -17.66 0.00 -7.25 42.57 61.59
ROCE % -14.02% -8.41% -9.14% -16.09% -2.53% -13.70% -15.71% -5.76% -4.58% 3.08% 24.16%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04%
99.96% 99.96% 99.96% 99.96% 99.96% 99.95% 99.96% 99.96% 99.96% 99.96% 99.95% 99.95%
No. of Shareholders 17,74617,74817,74817,74217,73917,73617,73217,63219,43820,60922,73226,895

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