Deep Polymers Ltd

Deep Polymers Ltd

₹ 45.6 -2.35%
02 May 1:16 p.m.
About

Incorporated in 2005, Deep Polymers Ltd manufactures Masterbatch and Polymer[1]

Key Points

Business overview:[1]
DPL is a ISO 9001:2015 certified company. It does manufacturing of Master batches including Filler Master batches, Additive Filler Master batches, and Anti fab Filler Master batches

  • Market Cap 110 Cr.
  • Current Price 45.6
  • High / Low 94.5 / 35.7
  • Stock P/E 18.4
  • Book Value 36.7
  • Dividend Yield 0.00 %
  • ROCE 9.27 %
  • ROE 9.35 %
  • Face Value 10.0

Pros

  • Company has reduced debt.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
35.85 34.66 35.58 29.28 27.41 28.18 29.75 26.15 23.34 26.04 27.68 24.95 22.54
31.90 29.80 30.93 26.35 24.34 23.72 27.59 23.63 18.97 22.59 24.40 21.36 19.56
Operating Profit 3.95 4.86 4.65 2.93 3.07 4.46 2.16 2.52 4.37 3.45 3.28 3.59 2.98
OPM % 11.02% 14.02% 13.07% 10.01% 11.20% 15.83% 7.26% 9.64% 18.72% 13.25% 11.85% 14.39% 13.22%
0.54 0.41 0.31 0.52 0.38 0.73 0.41 0.43 0.51 0.75 0.59 0.82 0.76
Interest 0.00 0.61 0.65 0.55 0.10 0.59 0.27 0.34 0.24 2.02 0.21 0.17 0.17
Depreciation 0.46 0.72 0.55 0.36 0.58 0.34 0.42 0.42 0.89 1.80 1.41 1.50 1.68
Profit before tax 4.03 3.94 3.76 2.54 2.77 4.26 1.88 2.19 3.75 0.38 2.25 2.74 1.89
Tax % 25.06% 24.87% 25.00% 18.50% 18.41% 33.10% -1.60% 44.75% 25.07% -213.16% 32.44% 31.02% 26.46%
3.11 2.96 2.88 2.13 2.27 2.87 2.01 1.14 2.81 1.18 1.53 1.88 1.39
EPS in Rs 1.47 1.29 1.25 0.92 0.99 1.25 0.87 0.49 1.16 0.49 0.63 0.78 0.57
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
40 40 33 40 138 120 105 101
37 37 31 37 119 105 93 88
Operating Profit 3 4 2 2 18 16 12 13
OPM % 7% 9% 6% 6% 13% 13% 12% 13%
1 2 1 1 2 2 2 3
Interest 1 0 0 0 3 2 3 3
Depreciation 1 1 0 0 2 2 4 6
Profit before tax 3 5 2 2 15 13 8 7
Tax % 27% 26% 28% 25% 27% 30% 13%
2 3 2 2 11 9 7 6
EPS in Rs 1.16 1.62 0.73 0.88 4.82 4.10 2.95 2.47
Dividend Payout % 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 21%
3 Years: 38%
TTM: -6%
Compounded Profit Growth
10 Years: %
5 Years: 16%
3 Years: 58%
TTM: -32%
Stock Price CAGR
10 Years: %
5 Years: -1%
3 Years: -40%
1 Year: -50%
Return on Equity
10 Years: %
5 Years: 13%
3 Years: 15%
Last Year: 9%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 11 12 12 12 23 23 24 24
Reserves 7 12 14 15 35 44 61 65
10 5 1 0 47 51 36 33
3 2 2 4 10 13 13 11
Total Liabilities 31 31 28 32 115 132 134 133
5 3 3 3 13 17 44 47
CWIP 0 0 0 0 0 10 2 2
Investments 3 0 0 0 21 3 3 3
24 28 25 29 82 101 85 82
Total Assets 31 31 28 32 115 132 134 133

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1 -6 -0 2 -3 12 35
-0 1 -1 -0 -12 -13 -24
-0 5 1 -0 16 -0 -7
Net Cash Flow 0 0 -0 1 2 -1 4

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 187 183 212 166 120 95 96
Inventory Days 27 58 62 38 91 131 105
Days Payable 33 18 13 43 26 43 52
Cash Conversion Cycle 181 224 261 161 184 183 149
Working Capital Days 182 227 249 162 180 197 139
ROCE % 18% 9% 9% 27% 14% 9%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
62.77% 62.80% 62.80% 62.80% 62.80% 62.81% 64.59% 64.59% 64.59% 64.59% 64.59% 64.59%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.03% 0.03% 0.03% 0.03%
37.23% 37.20% 37.22% 37.20% 37.21% 37.20% 35.42% 35.39% 35.36% 35.36% 35.36% 35.36%
No. of Shareholders 8,9309,6329,4799,53310,0009,8939,65212,84911,72510,94310,90110,901

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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