Technopack Polymers Ltd
Incorporated in 2018, Technopack Polymers Limited manufactures high-quality PET preform on 48-cavity Milacron Machine and ACME Mould with the "TECHNOPET" brand name. The Company also manufactures high-quality CCM CAP.[1]
- Market Cap ₹ 42.6 Cr.
- Current Price ₹ 78.9
- High / Low ₹ 114 / 68.0
- Stock P/E 19.7
- Book Value ₹ 33.5
- Dividend Yield 0.00 %
- ROCE 25.5 %
- ROE 22.8 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 33.8%
- Debtor days have improved from 59.9 to 35.2 days.
Cons
- Company might be capitalizing the interest cost
- Working capital days have increased from 215 days to 338 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
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|
| 3.20 | 5.78 | 9.98 | 11.52 | 12.41 | |
| 2.93 | 5.22 | 6.28 | 7.87 | 8.86 | |
| Operating Profit | 0.27 | 0.56 | 3.70 | 3.65 | 3.55 |
| OPM % | 8.44% | 9.69% | 37.07% | 31.68% | 28.61% |
| 0.36 | 0.38 | 0.05 | 0.20 | 0.32 | |
| Interest | 0.26 | 0.33 | 0.25 | 0.23 | 0.37 |
| Depreciation | 0.34 | 0.59 | 0.52 | 0.39 | 0.56 |
| Profit before tax | 0.03 | 0.02 | 2.98 | 3.23 | 2.94 |
| Tax % | 0.00% | 0.00% | 29.19% | 26.63% | |
| 0.04 | 0.02 | 2.11 | 2.37 | 2.16 | |
| EPS in Rs | 0.40 | 0.20 | 21.10 | 4.39 | 4.00 |
| Dividend Payout % | 0.00% | 0.00% | 4.74% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 53% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 285% |
| TTM: | -1% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -12% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 34% |
| Last Year: | 23% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|
| Equity Capital | 1.00 | 1.00 | 1.00 | 5.40 | 5.40 |
| Reserves | -0.02 | 0.00 | 2.00 | 11.69 | 12.68 |
| 2.57 | 4.49 | 3.89 | 2.31 | 7.01 | |
| 0.03 | 0.37 | 2.38 | 1.02 | 0.39 | |
| Total Liabilities | 3.58 | 5.86 | 9.27 | 20.42 | 25.48 |
| 1.54 | 2.86 | 2.13 | 1.78 | 10.16 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.04 | 0.00 | 0.22 | 0.23 | 0.00 |
| 2.00 | 3.00 | 6.92 | 18.41 | 15.32 | |
| Total Assets | 3.58 | 5.86 | 9.27 | 20.42 | 25.48 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 0.05 | 0.54 | 0.72 | -0.72 | |
| -0.30 | -2.05 | 0.25 | -4.20 | |
| 0.16 | 1.59 | -0.95 | 9.38 | |
| Net Cash Flow | -0.09 | 0.08 | 0.01 | 4.45 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Debtor Days | 11.41 | 64.41 | 80.10 | 35.17 |
| Inventory Days | 161.08 | 106.46 | 287.37 | 491.96 |
| Days Payable | 0.00 | 28.73 | 93.29 | 8.55 |
| Cash Conversion Cycle | 172.49 | 142.14 | 274.17 | 518.58 |
| Working Capital Days | 213.30 | 149.03 | 156.17 | 338.39 |
| ROCE % | 7.74% | 52.02% | 25.48% |
Documents
Announcements
- CERTIFICATE UNDER REGULATION 40(9) OF SEBI (LODR) REGULATIONS, 2015 FOR THE YEAR ENDED 31ST MARCH, 2024 16 Apr
- Non Applicability Of Related Party Disclosure Under Regulation 23(9) Of SEBI (LODR) Regulation, 2015 16 Apr
-
Non-Applicability Of Regulation 15(2) Of SEBI (LODR) Regulations, 2015
16 Apr - Our company is a listed entity on SME Platform of BSE. As per Reg 15(2)(b) of SEBI(LODR) Regualtions, 2015, the compliance with the corporate governance …
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Apr - DP) Regulations, 2018, we herewith submit the confirmation certificate, as received from the RTA for the quarter ended 31 March, 2024
- Clarification To -Proceedings Of The 5Th Annual General Meeting Of Shareholders Held On September 11, 2023 10 Apr
Business Area[1] Technopack is one of the leading Manufacturers and Suppliers of Paper and Plastic products for FMCG Packaging and has 1000+ Clients across 7 states and processes over 10000 tons of plastics and paper annually.