Clara Industries Ltd

Clara Industries Ltd

₹ 185 0.11%
12 Apr - close price
About

Incorporated in 2014, Clara Industries Ltd manufactures industrial packaging products

Key Points

Business Overview:[1]
Company manufactures LDPE, HDPE, PP, BOPP, Adhesive tapes and its related products and activities, and also plastic bags, industrial packaging self adhesive tapes, printing and plain multi layered flexible packaging, PP plastic mats, twine and ropes

  • Market Cap 76.6 Cr.
  • Current Price 185
  • High / Low 253 / 142
  • Stock P/E 19.2
  • Book Value 93.8
  • Dividend Yield 0.00 %
  • ROCE 56.3 %
  • ROE 54.2 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -15.5%
  • Company has high debtors of 233 days.

* 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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Half Yearly Results

Figures in Rs. Crores

Mar 2022 Sep 2022 Sep 2023
3.62 5.22 4.21
2.39 2.42 1.66
Operating Profit 1.23 2.80 2.55
OPM % 33.98% 53.64% 60.57%
0.22 -0.00 0.05
Interest 0.04 0.03 0.03
Depreciation 0.02 0.05 0.09
Profit before tax 1.39 2.72 2.48
Tax % 25.90% 25.37% 27.42%
1.03 2.04 1.80
EPS in Rs 2.51 4.98 4.35
Raw PDF

Profit & Loss

Figures in Rs. Crores

Nov 2021 Mar 2022 Mar 2023
0.63 3.65 11.38
0.20 2.40 5.77
Operating Profit 0.43 1.25 5.61
OPM % 68.25% 34.25% 49.30%
-0.00 0.22 -0.06
Interest 0.02 0.04 0.07
Depreciation -0.00 0.02 0.10
Profit before tax 0.41 1.41 5.38
Tax % 26.83% 25.53% 26.77%
0.30 1.05 3.95
EPS in Rs 1.00 2.56 9.63
Dividend Payout % -0.00% -0.00% -0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 212%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 281%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -12%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 54%

Balance Sheet

Figures in Rs. Crores

Nov 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0.25 2.48 2.48 4.13
Reserves 1.63 2.92 6.87 34.63
0.85 0.74 4.11 0.62
1.95 0.82 2.27 2.93
Total Liabilities 4.68 6.96 15.73 42.31
0.22 0.50 0.44 5.02
CWIP -0.00 -0.00 -0.00 0.41
Investments -0.00 -0.00 -0.00 -0.00
4.46 6.46 15.29 36.88
Total Assets 4.68 6.96 15.73 42.31

Cash Flows

Figures in Rs. Crores

Nov 2021 Mar 2022 Mar 2023
-2.19 -4.05 -2.54
-0.22 -0.52 -0.03
2.42 5.04 3.31
Net Cash Flow 0.01 0.47 0.74

Ratios

Figures in Rs. Crores

Nov 2021 Mar 2022 Mar 2023
Debtor Days 590.95 261.00 232.54
Inventory Days 6,045.31 395.69 189.75
Days Payable 1,688.12 71.06 38.87
Cash Conversion Cycle 4,948.14 585.62 383.41
Working Capital Days 1,454.21 517.00 378.79
ROCE % 56.33%

Shareholding Pattern

Numbers in percentages

5 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Mar 2023Sep 2023
71.70% 71.70% 71.70% 71.70% 66.62% 51.14%
0.00% 0.00% 0.00% 0.00% 0.54% 3.33%
28.30% 28.30% 28.30% 28.30% 32.82% 45.54%
No. of Shareholders 89807686161479

* 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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