Paul Merchants Ltd

Paul Merchants Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Paul Merchants Ltd

₹ 1,042 5.43%
23 Apr - close price
paulmerchants.net BSE: 539113
About

Incorporated in 1991, Paul Merchants Ltd is in money exchange and remittances business

Key Points

Registrations:[1]
Corporate Head office of company is in Chandigarh. Company holds licenses issued by Reserve Bank of India to act as Authorized Dealer Category II and is a prominent Sub-Agent of EBIX Money Express (P) Ltd for providing inbound International Money Transfer services. Further PML is an IATA accredited Travel Agency. Company is ISO 9001:2015 certified by United Registrar of Systems

Website BSE
  • Market Cap ₹ 321 Cr.
  • Current Price ₹ 1,042
  • High / Low ₹ 1,480 / 417
  • Stock P/E 10.8
  • Book Value ₹ 1,511
  • Dividend Yield 0.00 %
  • ROCE 7.96 %
  • ROE 5.94 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.
  • Stock is trading at 0.69 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 8.79% over past five years.
  • Company has a low return on equity of 4.70% over last 3 years.
  • Contingent liabilities of Rs.341 Cr.
  • Earnings include an other income of Rs.29.5 Cr.

* 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: Finance Industry: Finance & Investments

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
889.05 1,018.64 1,133.47 1,232.02 1,539.16 1,376.09 1,808.46 1,735.59 1,687.54 1,668.17 1,801.36 1,799.03 2,046.03
888.29 1,017.63 1,131.28 1,229.62 1,535.32 1,373.71 1,803.91 1,730.67 1,683.10 1,666.30 1,796.04 1,795.32 2,042.67
Operating Profit 0.76 1.01 2.19 2.40 3.84 2.38 4.55 4.92 4.44 1.87 5.32 3.71 3.36
OPM % 0.09% 0.10% 0.19% 0.19% 0.25% 0.17% 0.25% 0.28% 0.26% 0.11% 0.30% 0.21% 0.16%
2.03 5.74 4.17 4.13 4.66 5.91 3.55 5.20 5.92 7.27 6.70 7.35 8.16
Interest 0.07 0.10 0.09 0.09 0.10 0.16 0.19 0.29 0.26 0.30 0.46 0.45 0.39
Depreciation 0.56 0.55 0.43 0.46 0.48 0.48 0.40 0.42 0.44 0.45 0.41 0.67 0.76
Profit before tax 2.16 6.10 5.84 5.98 7.92 7.65 7.51 9.41 9.66 8.39 11.15 9.94 10.37
Tax % 5.09% 27.87% 28.77% 23.91% 24.62% 25.36% 23.30% 24.12% 31.16% 23.24% 27.09% 23.84% 26.33%
2.05 4.40 4.16 4.55 5.97 5.71 5.75 7.14 6.65 6.44 8.13 7.56 7.63
EPS in Rs 6.61 14.19 13.42 14.68 19.26 18.42 18.55 23.03 21.45 20.77 26.23 24.39 24.74
Raw PDF

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
1,527 1,613 2,003 2,165 2,465 2,894 4,542 4,910 5,370 2,982 5,299 6,921 7,315
1,499 1,584 1,976 2,136 2,431 2,881 4,525 4,893 5,350 2,965 5,271 6,884 7,300
Operating Profit 28 29 28 29 34 12 17 16 20 17 28 37 14
OPM % 2% 2% 1% 1% 1% 0% 0% 0% 0% 1% 1% 1% 0%
1 2 2 2 3 9 207 2 -0 2 1 1 29
Interest 4 3 3 4 3 2 1 0 0 0 0 1 2
Depreciation 2 2 2 3 3 3 3 3 3 2 2 2 2
Profit before tax 24 26 25 24 32 16 219 14 17 16 27 35 40
Tax % 33% 33% 34% 34% 35% 23% 3% -5% 28% 21% 26% 26%
16 17 16 16 20 13 213 15 12 13 20 26 30
EPS in Rs 51.87 55.23 53.16 51.16 65.87 40.97 687.39 48.55 38.39 40.90 65.77 83.81 96.13
Dividend Payout % 1% 1% 0% 0% 0% 0% 0% 0% 2% 0% 0% 0%
Compounded Sales Growth
10 Years: 16%
5 Years: 9%
3 Years: 9%
TTM: 11%
Compounded Profit Growth
10 Years: 4%
5 Years: -34%
3 Years: 27%
TTM: 18%
Stock Price CAGR
10 Years: %
5 Years: 11%
3 Years: 43%
1 Year: 138%
Return on Equity
10 Years: 13%
5 Years: 4%
3 Years: 5%
Last Year: 6%

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 1 1 1 1 1 1 1 1 1 1 1 1 1
Reserves 69 86 102 118 138 151 364 379 390 403 424 449 465
16 23 93 21 24 18 17 0 1 5 10 20 22
52 70 58 55 52 60 85 17 22 18 37 56 64
Total Liabilities 138 180 254 195 216 230 467 397 414 427 471 526 552
17 18 21 40 50 50 75 75 62 59 58 57 59
CWIP 0 0 0 2 1 1 0 0 0 0 0 0 0
Investments 4 5 6 4 9 11 190 259 223 203 196 190 189
116 157 227 150 155 167 201 63 129 165 217 279 304
Total Assets 138 180 254 195 216 230 467 397 414 427 471 526 552

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
7 -4 -54 108 23 19 -213 94 5 -5 22 20
-6 -2 -6 -22 -18 1 176 -95 -8 4 -22 -25
-4 4 66 -76 -2 -6 -2 -18 -0 4 4 9
Net Cash Flow -3 -3 6 11 2 14 -38 -19 -3 3 5 3

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 10 19 25 8 6 4 1 0 0 0 0 0
Inventory Days 1 1 0 1 1 1 0 0 0 1 0 0
Days Payable 8 12 7 7 5 3 1 0 0 0 0 0
Cash Conversion Cycle 3 8 18 2 2 2 1 0 0 1 0 0
Working Capital Days 5 9 18 3 3 2 0 3 7 17 11 11
ROCE % 35% 30% 18% 17% 23% 11% 80% 4% 5% 4% 7% 8%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
72.71% 72.71% 72.71% 72.71% 72.71% 72.71% 72.71% 72.71% 74.66% 74.66% 74.66% 74.66%
27.29% 27.29% 27.29% 27.29% 27.29% 27.29% 27.29% 27.30% 25.35% 25.35% 25.35% 25.35%
No. of Shareholders 1,6191,7361,7691,8992,0262,3672,5282,4842,4172,7583,4153,950

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