Biopac India Corporation Ltd

Biopac India Corporation Ltd

₹ 1.99 3.65%
15 Jan 2021
About

Biopac India Corporation is engaged in the business Foam disposable food service product, Food Storage Containers.(Source : 201903 Annual Report Page No:24)

  • Market Cap 3.43 Cr.
  • Current Price 1.99
  • High / Low /
  • Stock P/E
  • Book Value -11.4
  • Dividend Yield 0.00 %
  • ROCE -54.1 %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -39.1% over past five 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

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Quarterly Results

Figures in Rs. Crores

Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020
12.23 12.60 11.08 9.70 4.60 4.08 3.03 2.65 0.81 0.87 0.58 0.00 0.00
9.78 9.60 11.93 12.33 9.89 8.48 3.88 5.26 4.34 1.73 0.96 0.80 0.45
Operating Profit 2.45 3.00 -0.85 -2.63 -5.29 -4.40 -0.85 -2.61 -3.53 -0.86 -0.38 -0.80 -0.45
OPM % 20.03% 23.81% -7.67% -27.11% -115.00% -107.84% -28.05% -98.49% -435.80% -98.85% -65.52%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.08 1.77 -0.55 -0.37 0.00 0.53
Interest 1.01 1.48 1.47 1.06 1.07 1.21 1.18 1.25 0.92 0.71 0.78 0.70 0.71
Depreciation 1.37 1.37 1.36 1.36 1.38 1.37 1.33 0.94 0.89 0.85 0.81 0.80 0.00
Profit before tax 0.07 0.15 -3.68 -5.05 -7.74 -6.98 -3.36 -2.72 -3.57 -2.97 -2.34 -2.30 -0.63
Tax % -57.14% 26.67% 10.60% 0.40% -0.39% -0.43% 1.49% -17.28% 28.57% 0.00% -0.85% 0.00% 0.00%
0.12 0.11 -3.28 -5.03 -7.77 -7.01 -3.31 -3.20 -2.56 -2.97 -2.37 -2.29 -0.63
EPS in Rs 0.07 0.06 -1.90 -2.92 -4.50 -4.06 -1.92 -1.86 -1.48 -1.72 -1.37 -1.33 -0.37
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
32.04 41.64 38.10 37.64 45.58 52.30 58.56 52.10 47.77 47.21 20.24 4.91 1.45
25.12 35.31 29.64 32.91 40.41 44.68 51.17 42.05 37.73 39.90 33.41 12.31 3.94
Operating Profit 6.92 6.33 8.46 4.73 5.17 7.62 7.39 10.05 10.04 7.31 -13.17 -7.40 -2.49
OPM % 21.60% 15.20% 22.20% 12.57% 11.34% 14.57% 12.62% 19.29% 21.02% 15.48% -65.07% -150.71% -171.72%
0.10 0.08 0.01 0.01 0.06 0.02 0.11 0.03 0.00 0.00 0.00 2.93 -0.39
Interest 2.49 2.24 0.73 0.60 0.77 1.70 1.74 3.89 4.27 4.87 4.52 3.65 2.90
Depreciation 4.02 4.01 4.52 4.10 4.17 4.85 4.93 5.44 5.49 5.46 5.44 3.49 2.46
Profit before tax 0.51 0.16 3.22 0.04 0.29 1.09 0.83 0.75 0.28 -3.02 -23.13 -11.61 -8.24
Tax % 41.18% 81.25% 51.55% -325.00% 34.48% 0.00% -4.82% 93.33% 64.29% 10.60% 0.04% 4.57%
0.30 0.03 1.56 0.17 0.20 1.08 0.88 0.05 0.10 -2.70 -23.12 -11.09 -8.26
EPS in Rs 0.17 0.02 0.90 0.10 0.12 0.63 0.51 0.03 0.06 -1.57 -13.40 -6.43 -4.79
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: -19%
5 Years: -39%
3 Years: -53%
TTM: -86%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 60%
Stock Price CAGR
10 Years: -9%
5 Years: -16%
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
Equity Capital 17.25 17.25 17.25 17.25 17.25 17.25 17.25 17.25 17.25 17.25 17.25 17.25 17.25
Reserves -1.09 -1.06 0.50 0.68 0.87 1.95 2.83 2.88 2.98 0.28 -22.84 -33.93 -36.85
18.09 10.80 5.33 1.95 12.25 18.92 27.25 32.42 29.46 34.86 32.78 29.74 30.93
8.33 5.56 4.13 5.34 8.13 7.79 18.00 8.96 10.25 12.70 16.68 10.88 11.46
Total Liabilities 42.58 32.55 27.21 25.22 38.50 45.91 65.33 61.51 59.94 65.09 43.87 23.94 22.79
23.41 23.84 21.96 18.32 28.14 29.99 25.17 50.50 46.51 41.62 36.37 23.31 22.30
CWIP 0.00 0.11 0.00 0.15 0.46 0.47 21.74 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 0.00
19.17 8.60 5.25 6.75 9.90 15.45 18.42 11.01 13.43 23.47 7.50 0.63 0.49
Total Assets 42.58 32.55 27.21 25.22 38.50 45.91 65.33 61.51 59.94 65.09 43.87 23.94 22.79

Cash Flows

Figures in Rs. Crores

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
7.07 13.20 9.12 4.73 4.76 1.22 14.81 10.63 7.58 -4.50 13.00 -5.88
-1.97 -4.67 -2.65 -0.60 -14.31 -6.71 -21.38 -8.99 -1.51 -0.57 -0.19 12.56
-5.31 -9.52 -6.11 -3.31 9.66 4.98 6.54 -1.80 -5.97 5.23 -13.12 -6.68
Net Cash Flow -0.21 -0.99 0.36 0.82 0.11 -0.51 -0.04 -0.16 0.11 0.16 -0.30 0.00

Ratios

Figures in Rs. Crores

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Debtor Days 9.68 14.73 9.87 22.40 11.37 21.63 16.58 18.99 23.53 57.29 15.51 0.00
Inventory Days 394.68 100.91 80.25 41.82 70.70 70.35 51.29 92.24 147.30 204.07 130.36 22.81
Days Payable 153.75 57.10 44.85 45.30 65.02 51.10 67.53 73.26 100.27 121.62 185.99 413.48
Cash Conversion Cycle 250.62 58.53 45.27 18.92 17.06 40.89 0.34 37.96 70.57 139.74 -40.12 -390.66
Working Capital Days 117.00 26.74 22.51 16.29 12.73 58.27 26.37 -33.42 -16.05 74.84 -298.82 -760.48
ROCE % 8.41% 7.84% 15.78% 2.98% 4.10% 8.15% 5.97% 9.29% 8.90% 3.62% -46.77%

Shareholding Pattern

Numbers in percentages

Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020
49.65% 49.65% 49.65% 49.65% 49.65% 49.65% 49.65% 49.65% 49.65% 49.65% 49.65% 49.65%
50.35% 50.35% 50.35% 50.35% 50.35% 50.35% 50.35% 50.35% 50.35% 50.35% 50.35% 50.35%
No. of Shareholders 5,3515,5445,5745,6945,5145,4755,4505,4515,4375,4335,4675,462

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