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 ₹ 359 Cr.
- Current Price ₹ 338
- High / Low ₹ 409 / 246
- Stock P/E 13.0
- Book Value ₹ 277
- Dividend Yield 1.04 %
- ROCE 12.2 %
- ROE 8.94 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- The company has delivered a poor sales growth of 0.39% over past five years.
- Company has a low return on equity of 8.79% over last 3 years.
- Dividend payout has been low at 12.4% 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: Chemicals Industry: Dyes And Pigments
Quarterly Results
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
220 | 273 | 313 | 318 | 326 | 329 | 334 | 357 | 357 | 261 | 296 | 341 | 358 | |
200 | 253 | 291 | 295 | 302 | 301 | 309 | 334 | 329 | 231 | 269 | 303 | 320 | |
Operating Profit | 20 | 20 | 23 | 23 | 24 | 27 | 25 | 23 | 28 | 30 | 27 | 38 | 37 |
OPM % | 9% | 7% | 7% | 7% | 7% | 8% | 7% | 7% | 8% | 11% | 9% | 11% | 10% |
-1 | 2 | 1 | 3 | 4 | 4 | 7 | 4 | 4 | 4 | 5 | 6 | 6 | |
Interest | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 0 | 0 |
Depreciation | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 2 | 6 | 6 |
Profit before tax | 14 | 18 | 19 | 22 | 25 | 28 | 28 | 24 | 29 | 31 | 29 | 37 | 37 |
Tax % | 32% | 27% | 30% | 26% | 27% | 28% | 33% | 30% | 26% | 24% | 26% | 26% | |
10 | 13 | 13 | 16 | 18 | 20 | 19 | 17 | 21 | 24 | 21 | 27 | 28 | |
EPS in Rs | 9.27 | 12.05 | 12.70 | 15.37 | 17.29 | 19.10 | 18.01 | 15.59 | 20.03 | 22.30 | 20.03 | 25.77 | 25.95 |
Dividend Payout % | 22% | 17% | 18% | 16% | 14% | 18% | 19% | 19% | 0% | 11% | 12% | 14% |
Compounded Sales Growth | |
---|---|
10 Years: | 2% |
5 Years: | 0% |
3 Years: | -2% |
TTM: | 6% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | 9% |
3 Years: | 9% |
TTM: | 9% |
Stock Price CAGR | |
---|---|
10 Years: | 22% |
5 Years: | 14% |
3 Years: | 22% |
1 Year: | 36% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 9% |
3 Years: | 9% |
Last Year: | 9% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 11 |
Reserves | 50 | 61 | 71 | 84 | 99 | 150 | 187 | 208 | 178 | 232 | 307 | 283 |
22 | 15 | 6 | 1 | 3 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | |
21 | 28 | 32 | 28 | 24 | 27 | 24 | 27 | 33 | 24 | 35 | 38 | |
Total Liabilities | 103 | 114 | 121 | 123 | 137 | 189 | 222 | 246 | 221 | 267 | 353 | 332 |
32 | 30 | 28 | 26 | 25 | 27 | 26 | 38 | 36 | 35 | 98 | 101 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 36 | 7 | 0 |
Investments | 4 | 4 | 0 | 6 | 12 | 56 | 82 | 87 | 50 | 91 | 122 | 70 |
68 | 80 | 93 | 91 | 100 | 105 | 115 | 120 | 127 | 105 | 125 | 160 | |
Total Assets | 103 | 114 | 121 | 123 | 137 | 189 | 222 | 246 | 221 | 267 | 353 | 332 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
19 | 10 | 14 | 19 | 4 | 27 | 7 | 22 | 31 | 24 | -3 | 16 | |
-3 | -1 | 2 | -7 | -8 | -14 | -6 | -16 | -26 | -26 | -1 | -0 | |
-15 | -11 | -12 | -9 | -1 | -5 | -3 | -5 | -4 | -0 | -3 | -7 | |
Net Cash Flow | 1 | -2 | 4 | 3 | -5 | 8 | -2 | 2 | 0 | -3 | -7 | 8 |
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 | 48 | 52 | 49 | 39 | 57 | 57 | 52 | 48 | 42 | 57 | 65 | 57 |
Inventory Days | 63 | 58 | 55 | 57 | 53 | 47 | 67 | 64 | 69 | 87 | 110 | 97 |
Days Payable | 20 | 25 | 28 | 22 | 17 | 22 | 19 | 19 | 23 | 24 | 26 | 33 |
Cash Conversion Cycle | 91 | 86 | 77 | 74 | 93 | 82 | 101 | 94 | 88 | 120 | 148 | 121 |
Working Capital Days | 66 | 67 | 68 | 67 | 85 | 78 | 93 | 82 | 72 | 98 | 119 | 97 |
ROCE % | 23% | 23% | 25% | 25% | 24% | 21% | 15% | 12% | 14% | 14% | 10% | 12% |
Documents
Announcements
- Closure of Trading Window 15h
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 21 Mar
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 20 Mar
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 14 Mar
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 13 Mar
Annual reports
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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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Financial Year 2009
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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