Captain Pipes Ltd
₹ 23.8
0.59%
29 Sep
11:26 a.m.
About
Captain Pipes Ltd is engaged in the business of manufacturing and selling UPVC pipes and fittings. [1]
Key Points
- Market Cap ₹ 332 Cr.
- Current Price ₹ 23.8
- High / Low ₹ 35.8 / 9.00
- Stock P/E 184
- Book Value ₹ 1.44
- Dividend Yield 0.00 %
- ROCE 16.6 %
- ROE 10.6 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- Stock is trading at 16.5 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 6.44% over last 3 years.
- Company's cost of borrowing seems high
* 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
Profit & Loss
Figures in Rs. Crores
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 10.52 | 30.20 | 40.10 | 34.65 | 53.74 | 53.48 | 43.61 | 54.57 | 45.48 | 40.24 | 82.57 | 85.29 | |
| 10.48 | 28.89 | 38.05 | 31.29 | 49.86 | 50.23 | 43.03 | 51.88 | 42.93 | 37.82 | 79.81 | 81.29 | |
| Operating Profit | 0.04 | 1.31 | 2.05 | 3.36 | 3.88 | 3.25 | 0.58 | 2.69 | 2.55 | 2.42 | 2.76 | 4.00 |
| OPM % | 0.38% | 4.34% | 5.11% | 9.70% | 7.22% | 6.08% | 1.33% | 4.93% | 5.61% | 6.01% | 3.34% | 4.69% |
| 0.02 | 0.13 | 0.23 | 0.90 | 0.11 | 0.10 | 0.16 | 0.21 | 0.26 | 0.29 | 5.31 | 0.34 | |
| Interest | 0.80 | 0.88 | 1.43 | 2.01 | 2.79 | 2.02 | 2.02 | 1.63 | 1.47 | 1.39 | 1.14 | 0.87 |
| Depreciation | 0.53 | 0.54 | 0.71 | 0.60 | 0.71 | 0.86 | 0.86 | 0.88 | 0.89 | 0.88 | 0.91 | 0.98 |
| Profit before tax | -1.27 | 0.02 | 0.14 | 1.65 | 0.49 | 0.47 | -2.14 | 0.39 | 0.45 | 0.44 | 6.02 | 2.49 |
| Tax % | 33.07% | -100.00% | -35.71% | 30.91% | -6.12% | 29.79% | 29.91% | 28.21% | 15.56% | 38.64% | 14.62% | 27.31% |
| -0.85 | 0.04 | 0.19 | 1.14 | 0.53 | 0.32 | -1.50 | 0.28 | 0.38 | 0.28 | 5.13 | 1.81 | |
| EPS in Rs | -0.65 | 0.01 | 0.06 | 0.09 | 0.04 | 0.03 | -0.12 | 0.02 | 0.03 | 0.02 | 0.41 | 0.13 |
| 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: | 11% |
| 5 Years: | 14% |
| 3 Years: | 23% |
| TTM: | 3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 46% |
| 5 Years: | 26% |
| 3 Years: | 68% |
| TTM: | 432% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 85% |
| 3 Years: | 209% |
| 1 Year: | 145% |
| Return on Equity | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 6% |
| 3 Years: | 6% |
| Last Year: | 11% |
Balance Sheet
Figures in Rs. Crores
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.45 | 1.13 | 1.13 | 4.16 | 4.16 | 4.16 | 4.16 | 4.16 | 4.16 | 4.16 | 4.16 | 13.95 | |
| Reserves | 0.59 | 1.62 | 1.13 | 4.64 | 5.17 | 5.49 | 3.99 | 4.27 | 4.66 | 4.93 | 10.07 | 6.10 |
| 6.59 | 7.51 | 12.02 | 9.49 | 9.60 | 10.13 | 8.90 | 5.01 | 3.06 | 4.11 | 3.75 | 2.56 | |
| 2.45 | 4.88 | 4.79 | 9.35 | 16.05 | 16.09 | 16.20 | 16.22 | 15.26 | 13.17 | 16.98 | 10.72 | |
| Total Liabilities | 10.08 | 15.14 | 19.07 | 27.64 | 34.98 | 35.87 | 33.25 | 29.66 | 27.14 | 26.37 | 34.96 | 33.33 |
| 4.80 | 6.07 | 8.08 | 11.05 | 11.04 | 10.38 | 9.58 | 9.33 | 8.62 | 7.98 | 8.50 | 8.26 | |
| 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 | 0.07 | 0.81 | 0.81 | 0.81 | 0.81 | 0.81 | 0.81 | 0.81 | 0.81 | 0.81 | 0.43 | 0.43 |
| 5.21 | 8.26 | 10.18 | 15.78 | 23.13 | 24.68 | 22.86 | 19.52 | 17.71 | 17.58 | 26.03 | 24.64 | |
| Total Assets | 10.08 | 15.14 | 19.07 | 27.64 | 34.98 | 35.87 | 33.25 | 29.66 | 27.14 | 26.37 | 34.96 | 33.33 |
Cash Flows
Figures in Rs. Crores
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1.12 | 1.66 | 0.68 | 2.72 | 3.99 | 2.34 | 4.28 | 3.18 | 3.59 | 1.43 | -4.66 | 2.60 | |
| -0.64 | -2.53 | -2.76 | -3.57 | -0.20 | -0.24 | 0.03 | -0.40 | -0.26 | -1.15 | 4.02 | -0.60 | |
| 1.79 | 0.99 | 2.10 | 0.88 | -3.28 | -1.90 | -4.28 | -3.41 | -3.44 | -0.35 | 0.63 | 0.59 | |
| Net Cash Flow | 0.03 | 0.12 | 0.02 | 0.03 | 0.52 | 0.20 | 0.02 | -0.63 | -0.12 | -0.07 | -0.01 | 2.59 |
Ratios
Figures in Rs. Crores
| 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 | 46.15 | 44.72 | 30.22 | 81.11 | 76.82 | 51.53 | 53.57 | 42.27 | 42.21 | 52.52 | 50.79 | 40.70 |
| Inventory Days | 116.95 | 46.08 | 48.78 | 80.75 | 79.98 | 121.25 | 133.67 | 90.59 | 100.71 | 95.13 | 53.58 | 48.24 |
| Days Payable | 100.72 | 67.16 | 47.41 | 111.80 | 113.66 | 113.57 | 138.44 | 110.43 | 124.79 | 121.09 | 63.81 | 43.16 |
| Cash Conversion Cycle | 62.38 | 23.64 | 31.59 | 50.06 | 43.14 | 59.21 | 48.80 | 22.43 | 18.14 | 26.56 | 40.56 | 45.78 |
| Working Capital Days | 72.17 | 30.58 | 31.86 | 51.30 | 32.47 | 39.45 | 17.33 | 11.77 | 9.23 | 29.93 | 43.63 | 45.53 |
| ROCE % | -6.96% | 10.06% | 11.41% | 17.38% | 17.62% | 12.86% | -0.65% | 13.25% | 15.17% | 14.59% | 13.53% | 16.56% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
21 Sep - The management of Captain Pipes has scheduled one on one/group meeting virtually with analyst Ventura Securities Ltd.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
18 Sep - Press release for setting up a greenfield plant near Ahmedabad
- Board Meeting Outcome for Board At Its Meeting Held Today (Start Time: 4:00 P.M.) (End Time : 5:40 P.M. ) Have Considered And Approved Plan For Setting Up A Greenfield Plant Near Ahmedabad 18 Sep
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 18 Sep
-
Announcement under Regulation 30 (LODR)-Allotment
15 Sep - Allotment of 27,50,000 equity shares of Rs.1/- each upon conversion of warrant and allotment of 55,00,000 equity shares of Rs.1/-each as bonus entitlement for equity …
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
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Financial Year 2014
from bse
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Financial Year 2013
from bse
Product Portfolio
The company's product portfolio include uPVC column pipes, uPVC pressure pipes, uPVC plumbing pipes and fittings, cPVC pressure pipes and fittings, SWR pipes and fittings, uPVC casing pipes, PVC solvent cement, garden hose pipes, suction hose pipes, HDPE pipes and irrigation equipments.[1]