Emmbi Industries Ltd

Emmbi Industries Ltd

₹ 103 -1.24%
16 Apr - close price
About

Incorporated in 1994, Emmbi Industries Ltd manufactures HDPE & PP - Woven Polymer based products[1]

Key Points

Business Overview:[1]
EIL is a manufacturer of woven polymer based products. It does designing and manufacturing of Flexible Intermediate Bulk Containers (FIBCs). Company’s Woven Sacks and Liners are used in containers, irrigation canals, man made water bodies, flexible tanks, car covers, furniture covers etc.

  • Market Cap 183 Cr.
  • Current Price 103
  • High / Low 139 / 79.2
  • Stock P/E 25.6
  • Book Value 92.2
  • Dividend Yield 0.29 %
  • ROCE 9.16 %
  • ROE 5.27 %
  • Face Value 10.0

Pros

  • Stock is trading at 1.12 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 7.91% over past five years.
  • Company has a low return on equity of 8.08% over last 3 years.
  • Dividend payout has been low at 7.07% of profits over last 3 years

* 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: Packaging Industry: Packaging

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Quarterly Results

Figures in Rs. Crores

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
73.56 92.54 104.16 112.77 109.60 109.09 105.82 88.52 76.55 100.19 86.18 95.03 90.37
65.97 83.83 93.05 100.26 96.92 96.27 95.23 78.74 68.51 91.13 77.55 85.55 80.87
Operating Profit 7.59 8.71 11.11 12.51 12.68 12.82 10.59 9.78 8.04 9.06 8.63 9.48 9.50
OPM % 10.32% 9.41% 10.67% 11.09% 11.57% 11.75% 10.01% 11.05% 10.50% 9.04% 10.01% 9.98% 10.51%
0.02 0.11 0.01 0.03 0.04 0.02 0.02 0.02 0.03 0.06 0.04 0.03 0.05
Interest 2.73 2.92 3.33 3.72 3.73 3.89 3.82 3.80 3.95 4.14 3.99 4.25 4.33
Depreciation 1.87 1.86 2.08 2.16 2.22 2.27 2.44 2.50 2.51 2.45 2.61 2.69 2.81
Profit before tax 3.01 4.04 5.71 6.66 6.77 6.68 4.35 3.50 1.61 2.53 2.07 2.57 2.41
Tax % 22.26% 24.26% 21.72% 26.28% 25.26% 31.14% 30.34% 29.71% 34.78% 31.62% 29.47% 37.35% 1.24%
2.35 3.06 4.47 4.91 5.06 4.59 3.03 2.46 1.05 1.72 1.45 1.61 2.37
EPS in Rs 1.33 1.73 2.53 2.78 2.86 2.59 1.71 1.39 0.59 0.97 0.82 0.91 1.34
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
102 140 158 183 208 229 254 288 303 274 436 371 372
92 127 143 164 182 199 218 247 266 246 387 334 335
Operating Profit 10 13 15 20 26 30 35 41 37 28 49 37 37
OPM % 10% 9% 10% 11% 12% 13% 14% 14% 12% 10% 11% 10% 10%
0 0 0 1 1 -0 0 0 0 0 0 0 0
Interest 3 5 6 9 9 8 9 11 12 11 15 16 17
Depreciation 2 2 3 3 4 4 5 6 7 7 9 10 11
Profit before tax 5 5 6 8 14 17 21 24 19 10 26 12 10
Tax % 34% 33% 30% 28% 26% 28% 26% 26% 22% 24% 26% 31%
3 3 4 6 11 12 15 18 15 8 19 8 7
EPS in Rs 2.01 1.83 2.45 3.37 5.99 7.03 8.63 10.06 8.27 4.34 10.76 4.67 4.04
Dividend Payout % 15% 14% 10% 9% 8% 7% 6% 5% 5% 9% 6% 6%
Compounded Sales Growth
10 Years: 10%
5 Years: 8%
3 Years: 7%
TTM: -2%
Compounded Profit Growth
10 Years: 10%
5 Years: -12%
3 Years: -17%
TTM: -36%
Stock Price CAGR
10 Years: 26%
5 Years: -4%
3 Years: 10%
1 Year: 22%
Return on Equity
10 Years: 11%
5 Years: 10%
3 Years: 8%
Last Year: 5%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 16 18 18 18 18 18 18 18 18 18 18 18 18
Reserves 33 37 40 46 55 67 81 97 111 117 136 143 145
46 59 69 80 62 79 97 104 116 136 144 147 155
11 13 13 12 30 36 50 51 52 55 57 59 58
Total Liabilities 106 127 141 156 165 199 245 270 296 326 355 366 376
39 47 52 55 62 80 107 117 126 137 152 162 172
CWIP 4 0 0 0 1 5 4 4 6 4 0 5 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
63 79 89 100 102 113 135 149 165 185 203 200 204
Total Assets 106 127 141 156 165 199 245 270 296 326 355 366 376

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-5 -7 4 8 37 20 30 26 20 4 27 38
-11 -3 -8 -6 -11 -27 -31 -17 -19 -15 -20 -24
14 9 3 2 -28 7 3 -9 -2 11 -8 -14
Net Cash Flow -2 -0 -0 3 -2 -1 2 0 -1 -1 0 0

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 73 67 72 67 56 61 53 57 63 85 64 68
Inventory Days 152 148 160 153 149 148 150 142 144 191 129 161
Days Payable 9 11 8 5 40 50 52 53 48 55 41 54
Cash Conversion Cycle 216 203 224 215 166 159 151 146 158 221 151 175
Working Capital Days 161 173 175 173 133 131 133 122 132 185 131 150
ROCE % 10% 10% 10% 13% 17% 17% 17% 17% 13% 8% 14% 9%

Shareholding Pattern

Numbers in percentages

6 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
58.28% 58.30% 58.31% 58.31% 58.31% 58.31% 58.38% 58.38% 58.37% 58.90% 58.90% 59.23%
6.91% 6.92% 7.11% 7.16% 7.12% 7.11% 7.04% 7.04% 0.16% 0.26% 0.25% 0.16%
2.73% 1.87% 1.87% 1.88% 1.87% 1.88% 1.88% 1.88% 1.88% 1.88% 1.88% 1.21%
32.08% 32.91% 32.71% 32.65% 32.70% 32.70% 32.70% 32.69% 39.58% 38.97% 38.98% 39.39%
No. of Shareholders 10,25912,99912,02611,96611,90811,82911,36310,97511,32112,97512,72114,091

* 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.

Documents

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