Pearl Polymers Ltd

Pearl Polymers Ltd

₹ 36.2 0.95%
06 Nov 4:01 p.m.
About

Incorporated in 1984, Pearl Polymers Ltd manufactures and trades PET Jars and Bottles

Key Points

Business Overview:[1][2]
Company is a manufacturer of PET bottles, jars and containers which are used as storage and packaging solutions in households, offices, food processing and packaging industry. Company makes transparent, unbreakable, odorless plastic jars & bottles and is expanding its range to include trendy steel, glass, biodegradable and other products

  • Market Cap 61.1 Cr.
  • Current Price 36.2
  • High / Low 48.4 / 25.6
  • Stock P/E 40.5
  • Book Value 22.9
  • Dividend Yield 0.00 %
  • ROCE -2.60 %
  • ROE -1.91 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company's working capital requirements have reduced from 59.6 days to 46.1 days

Cons

  • The company has delivered a poor sales growth of -38.0% over past five years.
  • Company has a low return on equity of 11.0% over last 3 years.
  • Earnings include an other income of Rs.8.03 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: Plastic products Industry: Plastics Products

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Quarterly Results

Figures in Rs. Crores

Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
4.34 2.70 2.45 4.51 4.79 3.89 3.58 4.86 3.58 3.87 3.77 5.18 5.33
16.34 45.33 4.52 9.75 8.29 4.39 5.96 8.24 6.04 5.00 5.44 6.90 7.03
Operating Profit -12.00 -42.63 -2.07 -5.24 -3.50 -0.50 -2.38 -3.38 -2.46 -1.13 -1.67 -1.72 -1.70
OPM % -276.50% -1,578.89% -84.49% -116.19% -73.07% -12.85% -66.48% -69.55% -68.72% -29.20% -44.30% -33.20% -31.89%
46.77 41.89 0.78 1.34 0.49 0.54 0.72 0.62 3.05 1.29 2.43 1.19 3.12
Interest 0.15 0.04 0.04 0.02 0.02 0.02 0.02 0.01 0.02 0.01 0.01 0.01 0.01
Depreciation 0.31 0.10 0.17 0.16 0.14 0.14 0.14 0.14 0.14 0.14 0.16 0.16 0.12
Profit before tax 34.31 -0.88 -1.50 -4.08 -3.17 -0.12 -1.82 -2.91 0.43 0.01 0.59 -0.70 1.29
Tax % 10.99% -17.05% -17.33% 65.44% 0.00% 0.00% 0.00% 4.81% 0.00% -1,200.00% 0.00% -30.00% 0.00%
30.55 -0.73 -1.23 -6.74 -3.17 -0.12 -1.82 -3.06 0.43 0.13 0.59 -0.50 1.29
EPS in Rs 18.15 -0.43 -0.73 -4.00 -1.88 -0.07 -1.08 -1.82 0.26 0.08 0.35 -0.30 0.77
Raw PDF
Upcoming result date: 12 November 2024

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
218.06 224.74 198.20 176.53 173.96 180.98 178.68 139.44 111.58 13.96 17.12 16.40 18.15
211.14 210.39 190.18 166.00 164.26 176.68 175.92 143.85 115.74 75.90 25.48 23.38 24.37
Operating Profit 6.92 14.35 8.02 10.53 9.70 4.30 2.76 -4.41 -4.16 -61.94 -8.36 -6.98 -6.22
OPM % 3.17% 6.39% 4.05% 5.96% 5.58% 2.38% 1.54% -3.16% -3.73% -443.70% -48.83% -42.56% -34.27%
26.84 1.18 2.82 1.01 1.46 1.79 2.17 2.50 3.61 90.78 0.96 7.96 8.03
Interest 8.44 7.79 6.22 5.39 4.50 4.57 4.95 4.18 4.10 0.25 0.07 0.05 0.04
Depreciation 8.84 7.22 6.53 6.54 6.31 5.90 6.29 6.37 5.92 0.73 0.57 0.60 0.58
Profit before tax 16.48 0.52 -1.91 -0.39 0.35 -4.38 -6.31 -12.46 -10.57 27.86 -8.04 0.33 1.19
Tax % 13.77% -3.85% 30.89% -220.51% 280.00% -39.73% -22.98% -10.59% 0.00% 21.64% 1.74% -100.00%
14.21 0.54 -2.51 0.46 -0.64 -2.63 -4.86 -11.15 -10.58 21.84 -8.17 0.65 1.51
EPS in Rs 8.44 0.32 -1.49 0.27 -0.38 -1.56 -2.89 -6.62 -6.28 12.97 -4.85 0.39 0.90
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -23%
5 Years: -38%
3 Years: -47%
TTM: 14%
Compounded Profit Growth
10 Years: %
5 Years: 13%
3 Years: 25%
TTM: 133%
Stock Price CAGR
10 Years: 8%
5 Years: 30%
3 Years: 34%
1 Year: 32%
Return on Equity
10 Years: -5%
5 Years: -7%
3 Years: 11%
Last Year: -2%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 16.83 16.83 16.83 16.83 16.83 16.83 16.83 16.83 16.83 16.83 16.83 16.83
Reserves 44.64 45.18 35.56 36.02 35.67 33.46 28.59 17.76 7.21 29.26 21.21 21.73
46.35 38.29 29.37 28.49 28.38 29.62 26.62 26.37 28.32 0.42 0.23 0.10
45.94 47.23 51.24 42.33 47.78 56.87 54.14 44.58 38.77 9.83 6.97 6.52
Total Liabilities 153.76 147.53 133.00 123.67 128.66 136.78 126.18 105.54 91.13 56.34 45.24 45.18
66.31 66.65 56.66 52.81 52.18 54.68 49.78 44.77 39.02 4.72 4.79 4.67
CWIP 0.00 0.00 0.00 0.00 0.02 0.11 0.00 0.00 0.03 0.00 0.00 0.00
Investments 1.79 1.91 2.22 2.10 2.13 2.15 2.11 2.10 2.12 30.58 31.87 30.20
85.66 78.97 74.12 68.76 74.33 79.84 74.29 58.67 49.96 21.04 8.58 10.31
Total Assets 153.76 147.53 133.00 123.67 128.66 136.78 126.18 105.54 91.13 56.34 45.24 45.18

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-11.02 21.44 18.94 10.47 10.60 11.53 7.42 4.03 2.33 28.90 -4.78 -7.09
31.67 -7.19 -6.93 -2.24 -4.86 -8.01 -0.27 0.32 1.79 5.13 -1.41 8.38
-19.56 -15.93 -12.63 -8.36 -5.53 -3.42 -7.95 -4.35 -2.28 -28.22 -0.26 -0.18
Net Cash Flow 1.09 -1.68 -0.63 -0.14 0.21 0.11 -0.80 0.01 1.84 5.81 -6.45 1.11

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 75.34 64.27 75.14 76.30 90.47 96.42 88.88 79.63 86.88 58.57 43.71 38.95
Inventory Days 52.23 55.78 64.29 78.48 97.12 82.32 81.59 93.19 99.57 101.50 52.75 77.63
Days Payable 69.46 62.17 83.52 91.84 132.47 159.65 151.50 153.90 162.80 138.20 122.67 156.75
Cash Conversion Cycle 58.11 57.87 55.91 62.93 55.12 19.09 18.96 18.92 23.65 21.87 -26.22 -40.17
Working Capital Days 62.59 56.40 51.99 58.43 62.63 48.42 42.57 34.11 29.93 108.24 24.52 46.07
ROCE % 0.74% 7.91% 5.04% 6.24% 5.55% 0.11% -2.66% -14.30% -14.60% 54.74% -17.43% -2.60%

Shareholding Pattern

Numbers in percentages

20 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
55.58% 55.58% 55.58% 55.58% 55.58% 55.58% 55.58% 55.58% 55.58% 55.58% 55.58% 55.58%
0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.06% 0.10% 0.05% 0.05%
0.13% 0.04% 0.04% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.03%
44.25% 44.33% 44.33% 44.33% 44.33% 44.32% 44.33% 44.32% 44.31% 44.28% 44.32% 44.33%
No. of Shareholders 12,75912,98215,06615,00215,93915,71315,39916,46016,82117,20216,72717,053

* 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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