Poddar Pigments Ltd
Incorporated in 1991, Poddar Pigments is a manufacturer of Color & Additive Master batches for dope dyeing of man-made fibers, various plastic applications[1]
- Market Cap ₹ 329 Cr.
- Current Price ₹ 310
- High / Low ₹ 476 / 271
- Stock P/E 14.4
- Book Value ₹ 343
- Dividend Yield 1.29 %
- ROCE 8.54 %
- ROE 6.41 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.90 times its book value
Cons
- The company has delivered a poor sales growth of 0.65% over past five years.
- Company has a low return on equity of 8.03% 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: Chemicals Industry: Dyes And Pigments
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
313 | 318 | 326 | 329 | 334 | 357 | 357 | 261 | 296 | 341 | 369 | 368 | |
291 | 295 | 302 | 301 | 309 | 334 | 329 | 231 | 269 | 303 | 329 | 337 | |
Operating Profit | 23 | 23 | 24 | 27 | 25 | 23 | 28 | 30 | 27 | 38 | 40 | 32 |
OPM % | 7% | 7% | 7% | 8% | 7% | 7% | 8% | 11% | 9% | 11% | 11% | 9% |
1 | 3 | 4 | 4 | 7 | 4 | 4 | 4 | 5 | 6 | 7 | 7 | |
Interest | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 0 | 0 | 1 |
Depreciation | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 6 | 7 | 8 |
Profit before tax | 19 | 22 | 25 | 28 | 28 | 24 | 29 | 31 | 29 | 37 | 39 | 30 |
Tax % | 30% | 26% | 27% | 28% | 33% | 30% | 26% | 24% | 26% | 26% | 26% | 25% |
13 | 16 | 18 | 20 | 19 | 17 | 21 | 24 | 21 | 27 | 29 | 23 | |
EPS in Rs | 12.70 | 15.37 | 17.29 | 19.10 | 18.01 | 15.59 | 20.03 | 22.30 | 20.03 | 25.77 | 27.16 | 21.51 |
Dividend Payout % | 18% | 16% | 14% | 18% | 19% | 19% | 0% | 11% | 12% | 14% | 15% | 19% |
Compounded Sales Growth | |
---|---|
10 Years: | 1% |
5 Years: | 1% |
3 Years: | 8% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | 3% |
5 Years: | 2% |
3 Years: | 4% |
TTM: | -21% |
Stock Price CAGR | |
---|---|
10 Years: | 9% |
5 Years: | 19% |
3 Years: | 4% |
1 Year: | -25% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 8% |
3 Years: | 8% |
Last Year: | 6% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
Reserves | 71 | 84 | 99 | 150 | 187 | 208 | 178 | 232 | 307 | 283 | 338 | 353 |
6 | 1 | 3 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 12 | |
32 | 28 | 24 | 27 | 24 | 27 | 33 | 24 | 35 | 38 | 40 | 38 | |
Total Liabilities | 121 | 123 | 137 | 189 | 222 | 246 | 221 | 267 | 353 | 332 | 388 | 414 |
28 | 26 | 25 | 27 | 26 | 38 | 36 | 35 | 98 | 101 | 121 | 123 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 36 | 7 | 0 | 0 | 3 |
Investments | 0 | 6 | 12 | 56 | 82 | 87 | 50 | 91 | 122 | 70 | 100 | 100 |
93 | 91 | 100 | 105 | 115 | 120 | 127 | 105 | 125 | 160 | 168 | 188 | |
Total Assets | 121 | 123 | 137 | 189 | 222 | 246 | 221 | 267 | 353 | 332 | 388 | 414 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
14 | 19 | 4 | 27 | 7 | 22 | 31 | 24 | -3 | 16 | 21 | 12 | |
2 | -7 | -8 | -14 | -6 | -16 | -26 | -26 | -1 | -0 | -24 | -25 | |
-12 | -9 | -1 | -5 | -3 | -5 | -4 | -0 | -3 | -7 | -0 | 7 | |
Net Cash Flow | 4 | 3 | -5 | 8 | -2 | 2 | 0 | -3 | -7 | 8 | -3 | -6 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 49 | 39 | 57 | 57 | 52 | 48 | 42 | 57 | 65 | 57 | 67 | 64 |
Inventory Days | 55 | 57 | 53 | 47 | 67 | 64 | 69 | 87 | 110 | 97 | 82 | 94 |
Days Payable | 28 | 22 | 17 | 22 | 19 | 19 | 23 | 24 | 26 | 33 | 27 | 23 |
Cash Conversion Cycle | 77 | 74 | 93 | 82 | 101 | 94 | 88 | 120 | 148 | 121 | 122 | 136 |
Working Capital Days | 68 | 67 | 85 | 78 | 93 | 82 | 72 | 98 | 119 | 97 | 105 | 128 |
ROCE % | 25% | 25% | 24% | 21% | 15% | 12% | 14% | 14% | 10% | 12% | 12% | 9% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations, 2015
11h - Amended insider trading and fair disclosure code approved by Poddar Pigments' board on 20 May 2025.
-
Disclosure Under Regulation 30(5) Of SEBI (LODR), Regulations
11h - Change in KMP authorized for disclosures under SEBI Listing Regulations from June 1, 2025.
-
Announcement under Regulation 30 (LODR)-Change in Management
12h - Appointment of Shri Yug Mahesshwari as CFO effective 1st June 2025, with 21+ years experience.
-
Announcement under Regulation 30 (LODR)-Dividend Updates
12h - Approved audited FY25 results, recommended 40% final dividend, appointed new CFO from June 1, 2025.
- Financial Results For The Quarter And Year Ended 31.03.2025 12h
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1][2]
PPL is an ISO 9001:2015 Quality Management System certified manufacturer of Color and Additive Masterbatches for dope-dyeing of man-made fibres (MMF), various polymer applications and engineering plastics and compounds. It is the first Indian company to manufacture Masterbatches for dope-dyeing of Polypropylene, Nylon, and Polyester Multi-filament Yarn /Fibers. Company also produces a range of smart products, which impart various forms of functionality to the end products,
be it textiles or plastics