Captain Polyplast Ltd

Captain Polyplast Ltd

₹ 50.7 1.99%
24 Jun - close price
About

Incorporated in 1997, Captain Polyplast Ltd
does manufacturing of forged and machined bearing rings and automotive components[1]

Key Points

Business Overview:[1]
CPL does manufacturing of advanced
micro irrigation technologies which include
drip irrigation systems and sprinkler irrigation systems that are produced in German
and Israel technology. It has a marketing
and distribution network across
** 16 states of India with 750+ dealers**

  • Market Cap 281 Cr.
  • Current Price 50.7
  • High / Low 69.8 / 19.2
  • Stock P/E 16.9
  • Book Value 17.5
  • Dividend Yield 0.00 %
  • ROCE 18.9 %
  • ROE 20.4 %
  • Face Value 2.00

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 18.2% CAGR over last 5 years
  • Promoter holding has increased by 3.03% over last quarter.

Cons

  • Stock is trading at 2.90 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 11.7% over last 3 years.
  • Company has high debtors of 219 days.
  • Promoter holding has decreased over last 3 years: -5.40%

* 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

Standalone Figures in Rs. Crores / View Consolidated

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
64.34 38.70 44.01 43.60 58.86 40.68 35.57 71.63 76.72 72.62 70.33 82.60 68.77
56.92 34.40 40.66 40.32 54.34 38.22 34.54 68.59 66.37 65.28 63.34 73.77 60.14
Operating Profit 7.42 4.30 3.35 3.28 4.52 2.46 1.03 3.04 10.35 7.34 6.99 8.83 8.63
OPM % 11.53% 11.11% 7.61% 7.52% 7.68% 6.05% 2.90% 4.24% 13.49% 10.11% 9.94% 10.69% 12.55%
0.48 0.06 0.77 0.40 0.77 0.82 1.90 2.90 -2.74 0.80 0.69 0.86 1.02
Interest 2.96 2.40 2.57 2.38 2.63 2.20 2.12 2.41 2.66 2.53 2.65 2.84 2.93
Depreciation 1.18 1.03 1.06 0.81 0.77 0.65 0.48 0.89 0.69 0.58 0.59 0.61 0.62
Profit before tax 3.76 0.93 0.49 0.49 1.89 0.43 0.33 2.64 4.26 5.03 4.44 6.24 6.10
Tax % 31.12% 26.88% 30.61% 22.45% 28.57% 32.56% 72.73% 3.79% 39.44% 26.24% 20.72% 25.80% 22.13%
2.59 0.68 0.34 0.38 1.35 0.30 0.09 2.54 2.58 3.70 3.52 4.63 4.75
EPS in Rs 0.51 0.13 0.07 0.08 0.27 0.06 0.02 0.50 0.51 0.73 0.70 0.92 0.90
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
63 81 89 119 115 125 149 186 178 185 225 294
55 73 77 105 99 110 131 158 152 170 208 263
Operating Profit 8 9 12 14 16 15 18 28 26 15 17 32
OPM % 13% 11% 14% 12% 14% 12% 12% 15% 14% 8% 8% 11%
0 1 0 1 0 2 1 3 1 2 3 3
Interest 4 5 6 7 6 6 7 10 10 10 9 11
Depreciation 1 2 3 3 2 2 2 4 4 4 3 2
Profit before tax 4 3 3 6 8 8 10 17 12 4 8 22
Tax % 33% 34% 34% 33% 35% 34% 27% 27% 27% 28% 28% 24%
3 2 2 4 5 6 7 13 9 3 6 17
EPS in Rs 1.73 0.42 0.45 0.76 0.98 1.09 1.43 2.50 1.80 0.55 1.09 3.14
Dividend Payout % 0% 0% 0% 10% 8% 4% 3% 2% 2% 0% 0% 0%
Compounded Sales Growth
10 Years: 14%
5 Years: 15%
3 Years: 18%
TTM: 31%
Compounded Profit Growth
10 Years: 23%
5 Years: 18%
3 Years: 22%
TTM: 202%
Stock Price CAGR
10 Years: 17%
5 Years: 14%
3 Years: 10%
1 Year: 154%
Return on Equity
10 Years: 15%
5 Years: 15%
3 Years: 12%
Last Year: 20%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 2 7 9 10 10 10 10 10 10 10 10 11
Reserves 9 11 12 14 19 24 31 43 52 55 60 82
17 25 22 25 24 34 63 74 86 85 82 103
24 29 36 47 49 41 75 84 62 60 75 69
Total Liabilities 52 73 79 96 101 110 179 212 211 210 227 264
6 12 14 12 11 11 11 19 18 15 14 15
CWIP 4 3 0 0 0 0 7 0 0 0 0 0
Investments 1 1 2 2 5 5 5 5 5 2 2 2
41 57 63 82 85 94 155 188 187 193 211 247
Total Assets 52 73 79 96 101 110 179 212 211 210 227 264

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
3 -0 11 6 10 -8 -6 -0 0 12 11 -14
-5 -7 -3 -0 -4 -1 -8 1 -1 4 2 -2
4 8 -8 -4 -8 6 15 0 0 -14 -13 16
Net Cash Flow 1 1 -1 1 -1 -3 0 2 -1 2 -0 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 170 174 160 158 163 152 221 186 230 214 192 219
Inventory Days 46 53 100 100 111 95 112 105 106 100 96 61
Days Payable 164 154 187 188 187 127 176 215 122 105 122 87
Cash Conversion Cycle 52 73 73 70 87 120 158 76 214 209 166 193
Working Capital Days 74 95 86 81 88 135 164 185 245 241 204 206
ROCE % 38% 22% 22% 26% 27% 24% 20% 24% 16% 9% 11%

Shareholding Pattern

Numbers in percentages

1 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Apr 2024
71.55% 66.79% 66.50% 66.50% 66.50% 66.50% 66.50% 66.50% 66.50% 66.50% 68.08% 69.52%
28.45% 33.21% 33.50% 33.50% 33.50% 33.51% 33.50% 33.49% 33.50% 33.50% 31.92% 30.47%
No. of Shareholders 21,38321,60424,74723,96323,15722,20721,08220,23519,38818,37418,27018,270

Documents

Concalls