Polyspin Exports Ltd
Incorporated in 1972, Polyspin Exports Ltd manufactures FIBC products and OE Yarns
- Market Cap ₹ 51.2 Cr.
- Current Price ₹ 51.2
- High / Low ₹ 70.6 / 45.0
- Stock P/E
- Book Value ₹ 54.5
- Dividend Yield 0.00 %
- ROCE 4.00 %
- ROE 1.71 %
- Face Value ₹ 5.00
Pros
- Stock is trading at 0.94 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 5.95% over past five years.
- Company has a low return on equity of 12.0% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.2.44 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.
Quarterly 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
58 | 82 | 119 | 144 | 136 | 155 | 181 | 212 | 166 | 235 | 277 | 241 | 209 | |
51 | 76 | 109 | 132 | 125 | 143 | 165 | 195 | 156 | 218 | 260 | 237 | 207 | |
Operating Profit | 6 | 7 | 11 | 12 | 10 | 13 | 15 | 17 | 10 | 16 | 17 | 5 | 2 |
OPM % | 11% | 8% | 9% | 8% | 8% | 8% | 9% | 8% | 6% | 7% | 6% | 2% | 1% |
0 | 0 | 0 | 0 | 1 | 0 | 0 | 2 | 6 | 4 | 6 | 4 | 2 | |
Interest | 3 | 4 | 4 | 5 | 4 | 5 | 5 | 6 | 5 | 6 | 5 | 4 | 4 |
Depreciation | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 |
Profit before tax | 2 | 2 | 5 | 5 | 4 | 5 | 8 | 11 | 7 | 11 | 13 | 1 | -3 |
Tax % | 33% | 34% | 31% | 35% | 35% | 37% | 34% | 33% | 29% | 31% | 32% | 32% | |
2 | 1 | 3 | 3 | 3 | 3 | 5 | 7 | 5 | 8 | 9 | 1 | -3 | |
EPS in Rs | 1.59 | 1.01 | 3.15 | 3.34 | 2.91 | 3.17 | 5.02 | 7.31 | 5.27 | 7.50 | 9.00 | 0.91 | -3.24 |
Dividend Payout % | 25% | 40% | 15% | 14% | 16% | 15% | 10% | 7% | 5% | 8% | 7% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 6% |
3 Years: | 13% |
TTM: | -13% |
Compounded Profit Growth | |
---|---|
10 Years: | -1% |
5 Years: | -29% |
3 Years: | -44% |
TTM: | -148% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 0% |
3 Years: | 1% |
1 Year: | -7% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 15% |
3 Years: | 12% |
Last Year: | 2% |
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 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 |
Reserves | 5 | 6 | 8 | 11 | 14 | 17 | 22 | 29 | 34 | 41 | 49 | 48 | 50 |
30 | 38 | 43 | 37 | 50 | 49 | 53 | 61 | 61 | 79 | 78 | 70 | 65 | |
7 | 8 | 9 | 14 | 21 | 24 | 25 | 26 | 19 | 23 | 22 | 32 | 34 | |
Total Liabilities | 46 | 55 | 65 | 66 | 88 | 95 | 104 | 120 | 118 | 148 | 155 | 155 | 154 |
21 | 23 | 26 | 27 | 38 | 40 | 38 | 38 | 45 | 46 | 43 | 43 | 37 | |
CWIP | 2 | 2 | 0 | 0 | 2 | 0 | 0 | 7 | 2 | 0 | 0 | 7 | 10 |
Investments | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
22 | 29 | 38 | 39 | 48 | 54 | 65 | 75 | 70 | 101 | 110 | 105 | 105 | |
Total Assets | 46 | 55 | 65 | 66 | 88 | 95 | 104 | 120 | 118 | 148 | 155 | 155 | 154 |
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 | 0 | 1 | 10 | 0 | 4 | 3 | 15 | 11 | -9 | 13 | 11 | |
-11 | -7 | -5 | -3 | 0 | -3 | -2 | -15 | -10 | -1 | -0 | -8 | |
10 | 8 | 5 | -7 | 0 | -1 | -0 | 1 | -3 | 13 | -6 | -12 | |
Net Cash Flow | -0 | 1 | 1 | 1 | 0 | -0 | 0 | 1 | -2 | 2 | 6 | -9 |
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 | 40 | 33 | 46 | 35 | 38 | 42 | 50 | 36 | 53 | 40 | 53 | 49 |
Inventory Days | 90 | 72 | 61 | 56 | 84 | 84 | 84 | 76 | 94 | 123 | 64 | 119 |
Days Payable | 20 | 18 | 11 | 25 | 50 | 59 | 54 | 45 | 38 | 27 | 18 | 52 |
Cash Conversion Cycle | 110 | 87 | 96 | 66 | 71 | 67 | 79 | 68 | 109 | 136 | 100 | 116 |
Working Capital Days | 93 | 87 | 81 | 47 | 57 | 54 | 68 | 59 | 82 | 103 | 92 | 96 |
ROCE % | 15% | 12% | 17% | 19% | 15% | 15% | 17% | 20% | 13% | 15% | 14% | 4% |
Documents
Announcements
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 2d
- Intimation Of The Commissioning Of 1.304 MW Roof Top Solar Power Plant For Captive Consumption 13 Apr
-
Certificate Under Regulation 40(10) Of SEBI (LODR) Regulations, 2015
10 Apr - In compliance with Regulation 40(10) of SEBI ( LODR), 2015, we hereby enclose the certificate issused by Shri B.Subramanian, Practising Company Secretary for the financial …
-
Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations,2015
3 Apr - With reference to the above, we hereby enclose the Compliance Certificate under Regulation 7 (3) of SEBI (LODR) Regulations,2015 for the period April1, 2023 to …
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
2 Apr - With reference to the above, we hereby enclose the Certificate issued under Regulation74(5) of SEBI(Depositories and Participants) Regulations, 2018 by M/s.Integrated Registry Management Services Private …
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
-
Financial Year 2008
from bse
Business Divisions:[1]
Company has 2 divisions viz., FIBC division which produces products such as FIBC bags, PP woven bags and Spinning division which produces open-ended yarn through 2400 rotors. Company’s products are primarily used in fertilizers, building materials, chemical and cement industries