Technopack Polymers Ltd

Technopack Polymers Ltd

₹ 76.9 -1.41%
16 Apr - close price
About

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]

Key Points

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.

  • Market Cap 41.5 Cr.
  • Current Price 76.9
  • High / Low 114 / 68.0
  • Stock P/E 19.2
  • 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

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Half Yearly Results

Figures in Rs. Crores

Mar 2022 Sep 2022 Mar 2023 Sep 2023
4.61 6.30 5.22 7.19
2.86 4.39 3.51 5.35
Operating Profit 1.75 1.91 1.71 1.84
OPM % 37.96% 30.32% 32.76% 25.59%
0.04 0.02 0.18 0.14
Interest 0.14 0.10 0.10 0.27
Depreciation 0.25 0.19 0.19 0.37
Profit before tax 1.40 1.64 1.60 1.34
Tax % 29.29% 26.83% 26.88% 26.12%
0.99 1.20 1.17 0.99
EPS in Rs 9.90 3.02 2.17 1.83
Raw PDF

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: -17%
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%

Shareholding Pattern

Numbers in percentages

Nov 2022Mar 2023Sep 2023
73.52% 73.52% 73.52%
26.49% 26.49% 26.48%
No. of Shareholders 425441472

Documents