Polymac Thermoformers Ltd

Polymac Thermof. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Polymac Thermoformers Ltd

₹ 18.0 -1.85%
06 Oct - close price
polymacthermoformers.com BSE - SME: 537573
About

Incorporated in 1999, Polymac Thermoformers Ltd manufactures disposable plastic glasses, cups, and bowls, etc.[1]

Key Points

Business Overview:[1][2]
PTFL is engaged in the commercial and agro business. It is also diversifying into other business activities. The company manufactures disposable plastic glasses, cups, bowls, etc. These are fast replacing conventional glasses, cups, etc., and are manufactured by the thermoforming technique.

Website BSE
  • Market Cap ₹ 8.60 Cr.
  • Current Price ₹ 18.0
  • High / Low ₹ 24.2 / 11.2
  • Stock P/E 215
  • Book Value ₹ 22.2
  • Dividend Yield 0.00 %
  • ROCE 1.97 %
  • ROE 0.38 %
  • Face Value ₹ 10.0
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Pros

  • Stock is trading at 0.81 times its book value
  • Debtor days have improved from 29.6 to 17.5 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 10.3% over past five years.
  • Promoter holding is low: 25.2%
  • Company has a low return on equity of 2.53% over last 3 years.
  • Working capital days have increased from 190 days to 341 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

Industrials Capital Goods Industrial Products Plastic Products - Industrial

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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025
2.94 2.30 1.30 4.84 3.10 4.08 3.61 5.19 8.37 6.18 3.87 4.70
3.34 2.43 1.71 4.84 3.17 4.04 3.65 6.04 8.16 6.27 4.18 6.30
Operating Profit -0.40 -0.13 -0.41 0.00 -0.07 0.04 -0.04 -0.85 0.21 -0.09 -0.31 -1.60
OPM % -13.61% -5.65% -31.54% 0.00% -2.26% 0.98% -1.11% -16.38% 2.51% -1.46% -8.01% -34.04%
0.26 0.29 0.15 0.64 0.35 0.71 1.08 0.73 0.00 0.67 0.00 0.63
Interest 0.04 0.07 0.05 0.05 0.05 0.20 0.07 0.07 0.07 0.10 0.08 -0.11
Depreciation 0.05 0.07 0.05 0.05 0.05 0.08 0.09 0.09 0.10 0.10 0.09 0.11
Profit before tax -0.23 0.02 -0.36 0.54 0.18 0.47 0.88 -0.28 0.04 0.38 -0.48 -0.97
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 31.91% 0.00% 57.14% 0.00% 28.95% 0.00% 3.09%
-0.24 0.02 -0.36 0.54 0.18 0.32 0.88 -0.43 0.04 0.27 -0.49 -1.00
EPS in Rs -0.50 0.04 -0.75 1.13 0.38 0.67 1.84 -0.90 0.08 0.56 -1.02 -2.09
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
0.44 1.47 1.48 2.63 3.91 6.73 5.24 6.14 7.18 8.80 14.54 8.55
0.86 7.22 2.89 7.00 4.16 6.74 5.76 6.55 7.21 9.69 14.44 8.74
Operating Profit -0.42 -5.75 -1.41 -4.37 -0.25 -0.01 -0.52 -0.41 -0.03 -0.89 0.10 -0.19
OPM % -95.45% -391.16% -95.27% -166.16% -6.39% -0.15% -9.92% -6.68% -0.42% -10.11% 0.69% -2.22%
0.64 6.04 1.62 4.94 0.28 0.29 0.54 0.81 1.06 1.81 0.67 0.63
Interest 0.05 0.05 0.05 0.06 0.04 0.06 0.12 0.10 0.25 0.14 0.16 0.17
Depreciation 0.16 0.15 0.14 0.20 0.09 0.09 0.12 0.10 0.13 0.17 0.19 0.20
Profit before tax 0.01 0.09 0.02 0.31 -0.10 0.13 -0.22 0.20 0.65 0.61 0.42 0.07
Tax % 100.00% 22.22% 0.00% 25.81% 0.00% 15.38% 13.64% 45.00% 23.08% 26.23% 26.19% 42.86%
0.00 0.07 0.02 0.23 -0.10 0.11 -0.24 0.11 0.50 0.45 0.31 0.04
EPS in Rs 0.00 0.15 0.04 0.48 -0.21 0.23 -0.50 0.23 1.05 0.94 0.65 0.08
Dividend Payout % 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: 10%
3 Years: 6%
TTM: -41%
Compounded Profit Growth
10 Years: -5%
5 Years: 17%
3 Years: -57%
TTM: -87%
Stock Price CAGR
10 Years: -2%
5 Years: %
3 Years: -21%
1 Year: -12%
Return on Equity
10 Years: 1%
5 Years: 3%
3 Years: 3%
Last Year: 0%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 4.78 4.78 4.78 4.78 4.78 4.78 4.78 4.78 4.78 4.78 4.78 4.78
Reserves 5.59 5.66 5.63 5.86 5.76 5.87 5.63 5.74 6.24 5.48 5.79 5.84
3.63 0.78 1.28 1.41 0.52 1.28 1.28 1.56 28.71 6.87 1.53 1.67
0.14 1.78 1.87 2.82 0.80 0.56 0.64 0.64 1.08 1.14 6.81 6.24
Total Liabilities 14.14 13.00 13.56 14.87 11.86 12.49 12.33 12.72 40.81 18.27 18.91 18.53
1.03 1.10 0.99 1.03 0.94 1.06 1.20 1.20 2.00 2.04 2.23 2.69
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 2.58 0.63 0.54 1.62 1.00 0.05 0.22 0.88 1.03 0.69 0.77 0.78
10.53 11.27 12.03 12.22 9.92 11.38 10.91 10.64 37.78 15.54 15.91 15.06
Total Assets 14.14 13.00 13.56 14.87 11.86 12.49 12.33 12.72 40.81 18.27 18.91 18.53

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
0.00 0.33 -0.38 0.68 -0.60 -1.94 0.65 -0.60 -25.49 25.34 -1.45 0.02
0.00 2.25 -0.33 -0.57 -5.89 1.43 -0.68 0.46 -0.03 1.92 0.18 -0.04
0.00 -2.44 0.56 -0.07 6.49 0.64 -0.11 0.19 26.91 -21.97 -5.49 -0.03
Net Cash Flow 0.00 0.14 -0.15 0.04 0.00 0.13 -0.14 0.05 1.39 5.29 -6.76 -0.06

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 66.36 17.38 -91.25 83.27 53.21 80.81 36.22 52.91 74.73 32.77 38.41 17.50
Inventory Days 763.80 323.42 420.97 213.66 200.69 196.36 223.98 255.67 242.58 183.67 217.29 340.08
Days Payable 0.00 48.51 109.50 83.09 69.24 20.02 39.63 24.39 48.36 16.33 152.25 235.03
Cash Conversion Cycle 830.16 292.29 220.22 213.84 184.66 257.15 220.56 284.19 268.94 200.11 103.44 122.56
Working Capital Days 7,739.66 2,073.30 2,042.03 997.85 687.06 424.66 516.85 387.00 249.60 16.18 212.62 340.67
ROCE % 0.67% 1.11% 0.61% 3.20% -0.61% 1.65% -0.76% 2.36% 3.47% 2.64% 3.97% 1.97%

Shareholding Pattern

Numbers in percentages

Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025
22.38% 22.38% 22.38% 22.38% 22.38% 22.38% 22.38% 22.38% 22.38% 22.38% 25.20% 25.20%
77.62% 77.62% 77.62% 77.62% 77.62% 77.62% 77.62% 77.62% 77.62% 77.62% 74.79% 74.80%
No. of Shareholders 306300301301307257251247256285389377

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