Polymac Thermoformers Ltd
Incorporated in 1999, Polymac Thermoformers Ltd is engaged in commercial and agro business.
- Market Cap ₹ 19.6 Cr.
- Current Price ₹ 40.9
- High / Low ₹ 45.0 / 29.7
- Stock P/E
- Book Value ₹ 21.5
- Dividend Yield 0.00 %
- ROCE 2.64 %
- ROE 4.23 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Debtor days have improved from 53.5 to 32.8 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding is low: 22.4%
- Company has a low return on equity of 3.29% over last 3 years.
- Company might be capitalizing the interest cost
* 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
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1.85 | 0.39 | 0.44 | 1.47 | 1.48 | 2.63 | 3.91 | 6.73 | 5.24 | 6.14 | 7.18 | 8.80 | 13.56 | |
1.58 | 1.28 | 0.86 | 7.22 | 2.89 | 7.00 | 4.16 | 6.74 | 5.76 | 6.55 | 7.21 | 9.69 | 14.20 | |
Operating Profit | 0.27 | -0.89 | -0.42 | -5.75 | -1.41 | -4.37 | -0.25 | -0.01 | -0.52 | -0.41 | -0.03 | -0.89 | -0.64 |
OPM % | 14.59% | -228.21% | -95.45% | -391.16% | -95.27% | -166.16% | -6.39% | -0.15% | -9.92% | -6.68% | -0.42% | -10.11% | -4.72% |
0.00 | 1.14 | 0.64 | 6.04 | 1.62 | 4.94 | 0.28 | 0.29 | 0.54 | 0.81 | 1.06 | 1.81 | 0.73 | |
Interest | 0.06 | 0.06 | 0.05 | 0.05 | 0.05 | 0.06 | 0.04 | 0.06 | 0.12 | 0.10 | 0.25 | 0.14 | 0.14 |
Depreciation | 0.19 | 0.19 | 0.16 | 0.15 | 0.14 | 0.20 | 0.09 | 0.09 | 0.12 | 0.10 | 0.13 | 0.17 | 0.19 |
Profit before tax | 0.02 | 0.00 | 0.01 | 0.09 | 0.02 | 0.31 | -0.10 | 0.13 | -0.22 | 0.20 | 0.65 | 0.61 | -0.24 |
Tax % | 50.00% | 100.00% | 22.22% | 0.00% | 25.81% | 0.00% | 15.38% | -13.64% | 45.00% | 23.08% | 26.23% | ||
0.02 | 0.00 | 0.00 | 0.07 | 0.02 | 0.23 | -0.10 | 0.11 | -0.24 | 0.11 | 0.50 | 0.45 | -0.39 | |
EPS in Rs | 0.70 | 0.00 | 0.00 | 0.15 | 0.04 | 0.48 | -0.21 | 0.23 | -0.50 | 0.23 | 1.05 | 0.94 | -0.82 |
Dividend Payout % | 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: | 37% |
5 Years: | 18% |
3 Years: | 19% |
TTM: | 76% |
Compounded Profit Growth | |
---|---|
10 Years: | 11% |
5 Years: | 44% |
3 Years: | 58% |
TTM: | -133% |
Stock Price CAGR | |
---|---|
10 Years: | 0% |
5 Years: | 29% |
3 Years: | 63% |
1 Year: | 18% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | 2% |
3 Years: | 3% |
Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 0.52 | 0.29 | 4.78 | 4.78 | 4.78 | 4.78 | 4.78 | 4.78 | 4.78 | 4.78 | 4.78 | 4.78 | 4.78 |
Reserves | 2.15 | 2.15 | 5.59 | 5.66 | 5.63 | 5.86 | 5.76 | 5.87 | 5.63 | 5.74 | 6.24 | 5.48 | 5.52 |
Preference Capital | 0.00 | 0.23 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
1.00 | 1.26 | 3.63 | 0.78 | 1.28 | 1.41 | 0.52 | 1.28 | 1.28 | 1.56 | 28.71 | 6.87 | 7.46 | |
0.72 | 0.24 | 0.14 | 1.78 | 1.87 | 2.82 | 0.80 | 0.56 | 0.64 | 0.64 | 1.08 | 1.14 | 5.44 | |
Total Liabilities | 4.39 | 3.94 | 14.14 | 13.00 | 13.56 | 14.87 | 11.86 | 12.49 | 12.33 | 12.72 | 40.81 | 18.27 | 23.20 |
1.30 | 1.19 | 1.03 | 1.10 | 0.99 | 1.03 | 0.94 | 1.06 | 1.20 | 1.20 | 2.00 | 2.04 | 2.27 | |
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 | 0.00 |
Investments | 0.03 | 0.04 | 2.58 | 0.63 | 0.54 | 1.62 | 1.00 | 0.05 | 0.22 | 0.88 | 1.03 | 0.69 | 0.70 |
3.06 | 2.71 | 10.53 | 11.27 | 12.03 | 12.22 | 9.92 | 11.38 | 10.91 | 10.64 | 37.78 | 15.54 | 20.23 | |
Total Assets | 4.39 | 3.94 | 14.14 | 13.00 | 13.56 | 14.87 | 11.86 | 12.49 | 12.33 | 12.72 | 40.81 | 18.27 | 23.20 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.76 | 0.00 | 0.00 | 0.33 | -0.38 | 0.68 | -0.60 | -1.94 | 0.65 | -0.60 | -25.49 | 25.34 | |
-0.27 | 0.00 | 0.00 | 2.25 | -0.33 | -0.57 | -5.89 | 1.43 | -0.68 | 0.46 | -0.03 | 1.92 | |
-0.55 | 0.00 | 0.00 | -2.44 | 0.56 | -0.07 | 6.49 | 0.64 | -0.11 | 0.19 | 26.91 | -21.97 | |
Net Cash Flow | -0.06 | 0.00 | 0.00 | 0.14 | -0.15 | 0.04 | 0.00 | 0.13 | -0.14 | 0.05 | 1.39 | 5.29 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 132.19 | 327.56 | 66.36 | 17.38 | -91.25 | 83.27 | 53.21 | 80.81 | 36.22 | 52.91 | 74.73 | 32.77 |
Inventory Days | 602.43 | 958.12 | 763.80 | 323.42 | 420.97 | 213.66 | 200.69 | 196.36 | 223.98 | 255.67 | 242.58 | 183.67 |
Days Payable | 237.43 | 0.00 | 0.00 | 48.51 | 109.50 | 83.09 | 69.24 | 20.02 | 39.63 | 24.39 | 48.36 | 16.33 |
Cash Conversion Cycle | 497.19 | 1,285.69 | 830.16 | 292.29 | 220.22 | 213.84 | 184.66 | 257.15 | 220.56 | 284.19 | 268.94 | 200.11 |
Working Capital Days | 459.70 | 2,433.33 | 8,063.18 | 2,266.97 | 2,357.70 | 1,193.54 | 735.60 | 494.62 | 606.01 | 459.52 | 1,704.01 | 299.47 |
ROCE % | 2.05% | -12.89% | 0.67% | 1.11% | 0.61% | 3.20% | -0.61% | 1.65% | -0.76% | 2.36% | 3.47% | 2.64% |
Documents
Announcements
- Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015 For The Year Ended As On 31ST March, 2024 19 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
4 Apr - Certificate under Regulation 74(5) of SEBI (DP) Regulation, 2018 for the quarter ended 31st March, 2024
- Compliance-57 (5) : intimation after the end of quarter 4 Apr
- Closure of Trading Window 30 Mar
- Regulation 30 (Disclosure Of Event Or Information)-SEBI (LODR) Regulations, 2015 10 Jan
Product Profile:[1]
Company manufactures disposable plastic glasses, cups, bowls etc.