Deep Polymers Ltd

Deep Polymers Ltd

₹ 97.1 -1.26%
12 Apr - close price
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 235 Cr.
  • Current Price 97.1
  • High / Low 120 / 80.0
  • Stock P/E 26.6
  • Book Value 29.1
  • Dividend Yield 0.00 %
  • ROCE 13.9 %
  • ROE 14.8 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 34.5% CAGR over last 5 years
  • Debtor days have improved from 127 to 94.6 days.
  • Promoter holding has increased by 1.79% over last quarter.

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 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
13.12 11.45 7.66 42.69 35.85 34.66 35.58 29.28 27.41 28.18 29.75 26.15 23.34
13.11 11.49 6.81 38.74 31.90 29.80 30.93 26.35 24.34 23.72 27.59 23.63 18.97
Operating Profit 0.01 -0.04 0.85 3.95 3.95 4.86 4.65 2.93 3.07 4.46 2.16 2.52 4.37
OPM % 0.08% -0.35% 11.10% 9.25% 11.02% 14.02% 13.07% 10.01% 11.20% 15.83% 7.26% 9.64% 18.72%
0.15 0.19 0.10 0.51 0.54 0.41 0.31 0.52 0.38 0.73 0.41 0.43 0.51
Interest 0.00 0.00 0.00 0.00 0.00 0.61 0.65 0.55 0.10 0.59 0.27 0.34 0.24
Depreciation 0.09 0.09 0.08 0.46 0.46 0.72 0.55 0.36 0.58 0.34 0.42 0.42 0.89
Profit before tax 0.07 0.06 0.87 4.00 4.03 3.94 3.76 2.54 2.77 4.26 1.88 2.19 3.75
Tax % 0.00% 1,000.00% 25.29% 25.00% 25.06% 24.87% 25.00% 18.50% 18.41% 33.10% -1.60% 44.75% 25.07%
0.06 -0.53 0.72 3.14 3.11 2.96 2.88 2.13 2.27 2.87 2.01 1.14 2.81
EPS in Rs 0.03 -0.25 0.35 1.51 1.47 1.29 1.25 0.92 0.99 1.25 0.87 0.49 1.16
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
40 40 33 40 138 120 107
37 37 31 37 119 105 94
Operating Profit 3 4 2 2 18 16 14
OPM % 7% 9% 6% 6% 13% 13% 13%
1 2 1 1 2 2 2
Interest 1 0 0 0 3 2 1
Depreciation 1 1 0 0 2 2 2
Profit before tax 3 5 2 2 15 13 12
Tax % 27% 26% 28% 25% 27% 30%
2 3 2 2 11 9 9
EPS in Rs 1.16 1.62 0.73 0.88 4.82 4.04 3.77
Dividend Payout % 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 25%
3 Years: 54%
TTM: -15%
Compounded Profit Growth
10 Years: %
5 Years: 35%
3 Years: 83%
TTM: -14%
Stock Price CAGR
10 Years: %
5 Years: 25%
3 Years: 33%
1 Year: 15%
Return on Equity
10 Years: %
5 Years: 15%
3 Years: 17%
Last Year: 15%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 11 12 12 12 23 23 23
Reserves 7 12 14 15 35 44 47
10 5 1 0 47 51 48
3 2 2 4 10 14 17
Total Liabilities 31 31 28 32 115 133 135
5 3 3 3 13 27 15
CWIP 0 0 0 0 0 0 31
Investments 3 0 0 0 21 21 0
24 28 25 29 82 85 89
Total Assets 31 31 28 32 115 133 135

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
1 -6 -0 2 -3 13
-0 1 -1 -0 -12 -14
-0 5 1 -0 16 -0
Net Cash Flow 0 0 -0 1 2 -1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 187 183 212 166 120 95
Inventory Days 27 58 62 38 91 134
Days Payable 33 18 13 43 26 39
Cash Conversion Cycle 181 224 261 161 184 189
Working Capital Days 182 227 249 162 180 205
ROCE % 18% 9% 9% 27% 14%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
64.76% 64.76% 67.91% 62.77% 62.77% 62.80% 62.80% 62.80% 62.80% 62.81% 64.59% 64.59%
35.24% 35.24% 32.09% 37.23% 37.23% 37.20% 37.22% 37.20% 37.21% 37.20% 35.42% 35.42%
No. of Shareholders 3701,4035,5638,4098,9309,6329,4799,53310,0009,8939,6529,652

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