Pacific Industries Ltd

Pacific Industries Ltd

₹ 312 0.31%
13 Dec - close price
About

Incorporated in 1989, Pacific Industries Ltd exports, manufactures & trades Granite tiles & slabs, Quartz Slabs and other goods and commission activities[1]

Key Points

Business Overview:[1][2]
Company is a 100% export oriented unit for quarry and does production and export of polished granite slabs, polished granite tiles and polished natural stones. It also trades and exports granite/ rough marble slabs, tiles and other varieties of stones in 40+ countries. It manufactures 1.2 Lac sq. mt. of polished granite slabs at Udaipur with technical collaboration with the Breton SPA of Italy.

  • Market Cap 215 Cr.
  • Current Price 312
  • High / Low 411 / 147
  • Stock P/E 18.3
  • Book Value 635
  • Dividend Yield 0.00 %
  • ROCE 3.51 %
  • ROE 2.71 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.49 times its book value
  • Company is expected to give good quarter
  • Promoter holding has increased by 4.44% over last quarter.
  • Company's working capital requirements have reduced from 150 days to 115 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 2.87% over last 3 years.
  • Earnings include an other income of Rs.15.6 Cr.

* 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: Miscellaneous Industry: Miscellaneous

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
67.71 61.74 53.52 63.13 61.00 22.82 40.47 50.31 35.26 44.88 59.55 59.09 62.53
60.34 57.23 51.63 58.41 57.44 21.49 43.02 48.87 35.10 41.16 54.21 54.99 60.62
Operating Profit 7.37 4.51 1.89 4.72 3.56 1.33 -2.55 1.44 0.16 3.72 5.34 4.10 1.91
OPM % 10.88% 7.30% 3.53% 7.48% 5.84% 5.83% -6.30% 2.86% 0.45% 8.29% 8.97% 6.94% 3.05%
2.54 2.62 2.62 2.22 2.77 3.42 8.02 3.69 5.06 4.75 3.23 2.78 4.83
Interest 0.56 0.95 1.13 1.06 1.18 1.05 0.60 0.97 0.97 0.84 0.51 1.72 1.36
Depreciation 2.10 2.56 4.05 2.87 2.86 2.85 2.83 2.65 2.70 2.72 2.72 2.65 2.44
Profit before tax 7.25 3.62 -0.67 3.01 2.29 0.85 2.04 1.51 1.55 4.91 5.34 2.51 2.94
Tax % 23.03% 30.11% -17.91% 21.59% 24.89% 10.59% 19.12% -76.16% 5.16% 38.70% 11.61% 31.47% 22.11%
5.58 2.52 -0.55 2.36 1.73 0.78 1.65 2.66 1.47 3.03 4.72 1.73 2.29
EPS in Rs 8.09 3.65 -0.80 3.42 2.51 1.13 2.39 3.86 2.13 4.40 6.85 2.51 3.32
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
95 67 97 96 178 283 187 190 226
93 65 97 95 159 257 180 178 211
Operating Profit 2 2 -0 1 19 26 7 11 15
OPM % 2% 2% -0% 1% 11% 9% 4% 6% 7%
4 5 6 10 8 10 16 17 16
Interest 1 3 1 3 3 4 4 4 4
Depreciation 4 3 4 7 8 11 11 11 11
Profit before tax 1 1 0 1 15 22 8 13 16
Tax % 21% 45% 155% 27% 31% 26% 21% 11%
1 0 -0 0 10 16 7 12 12
EPS in Rs 0.77 0.51 -0.17 0.65 15.09 23.07 9.44 17.24 17.08
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 14%
3 Years: 2%
TTM: 52%
Compounded Profit Growth
10 Years: %
5 Years: 160%
3 Years: 4%
TTM: 79%
Stock Price CAGR
10 Years: 13%
5 Years: 41%
3 Years: -5%
1 Year: 105%
Return on Equity
10 Years: %
5 Years: 2%
3 Years: 3%
Last Year: 3%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 1 1 1 3 3 3 7 7 7
Reserves 314 314 314 337 348 364 414 427 431
39 44 38 42 50 73 56 50 80
53 66 78 42 74 71 41 70 86
Total Liabilities 407 425 431 423 475 511 518 554 604
27 28 36 88 89 115 104 115 110
CWIP 4 9 47 0 24 6 12 0 0
Investments 57 77 116 146 95 101 104 115 133
319 311 232 189 267 289 299 323 361
Total Assets 407 425 431 423 475 511 518 554 604

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-125 59 87 -7 25 6 10 36
124 -64 -79 -14 -20 -41 -38 -29
3 3 -8 22 4 27 27 -9
Net Cash Flow 2 -2 -0 1 9 -8 -0 -1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 183 309 200 149 84 56 93 96
Inventory Days 366 800 296 420 294 170 152 167
Days Payable 267 688 248 216 163 108 55 179
Cash Conversion Cycle 282 421 248 352 215 118 190 84
Working Capital Days 858 920 320 362 230 157 177 115
ROCE % 1% 0% 1% 5% 6% 3% 4%

Shareholding Pattern

Numbers in percentages

8 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
73.99% 73.99% 73.99% 73.99% 73.99% 67.14% 67.16% 67.16% 67.13% 67.16% 67.16% 71.60%
0.13% 0.13% 0.13% 0.13% 0.13% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.07%
0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
25.88% 25.87% 25.88% 25.87% 25.87% 32.79% 32.78% 32.78% 32.80% 32.77% 32.78% 28.33%
No. of Shareholders 16,85816,92516,89716,88816,79717,36917,29317,38517,35717,29417,16417,279

* 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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