Polysil Irrigation Systems Ltd
Polysil Irrigation Systems Limited manufactures and distributes HDPE pipes, fittings, and micro irrigation systems, such as drip irrigation systems and sprinkler irrigation systems as well as their components, accessories, and related products.[1]
- Market Cap ₹ 40.0 Cr.
- Current Price ₹ 35.3
- High / Low ₹ 58.8 / 29.2
- Stock P/E 19.3
- Book Value ₹ 22.0
- Dividend Yield 0.00 %
- ROCE 16.0 %
- ROE 13.5 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -2.62%
- Promoter holding is low: 31.2%
- Company has a low return on equity of 8.17% over last 3 years.
- Company has high debtors of 231 days.
* 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
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
39.39 | 54.19 | 37.61 | 43.87 | 44.46 | |
36.60 | 51.13 | 34.76 | 39.25 | 38.90 | |
Operating Profit | 2.79 | 3.06 | 2.85 | 4.62 | 5.56 |
OPM % | 7.08% | 5.65% | 7.58% | 10.53% | 12.51% |
0.06 | 0.13 | 0.05 | 0.05 | 0.10 | |
Interest | 0.83 | 1.14 | 1.49 | 1.49 | 1.92 |
Depreciation | 1.20 | 1.01 | 0.73 | 0.53 | 0.72 |
Profit before tax | 0.82 | 1.04 | 0.68 | 2.65 | 3.02 |
Tax % | 39.02% | 37.50% | 50.00% | 57.36% | 31.46% |
0.50 | 0.65 | 0.34 | 1.14 | 2.07 | |
EPS in Rs | 111.11 | 142.86 | 74.73 | 1.15 | 1.83 |
Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -6% |
TTM: | 1% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 47% |
TTM: | 82% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 8% |
Last Year: | 13% |
Balance Sheet
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Equity Capital | 0.45 | 0.46 | 0.46 | 9.90 | 11.34 |
Reserves | 12.23 | 12.93 | 13.27 | 5.46 | 13.63 |
12.36 | 11.05 | 14.95 | 15.47 | 16.71 | |
13.67 | 17.51 | 17.59 | 24.49 | 36.80 | |
Total Liabilities | 38.71 | 41.95 | 46.27 | 55.32 | 78.48 |
7.21 | 6.80 | 8.26 | 9.35 | 8.70 | |
CWIP | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
Investments | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
31.50 | 35.15 | 38.01 | 45.97 | 69.78 | |
Total Assets | 38.71 | 41.95 | 46.27 | 55.32 | 78.48 |
Cash Flows
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
0.99 | -0.42 | -0.41 | 2.00 | -6.25 | |
-0.37 | -0.92 | -2.28 | -1.61 | -0.65 | |
-0.47 | 1.49 | 2.41 | -0.47 | 6.85 | |
Net Cash Flow | 0.15 | 0.15 | -0.28 | -0.08 | -0.06 |
Ratios
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 114.16 | 122.12 | 210.60 | 233.88 | |
Inventory Days | 208.57 | 146.65 | 239.83 | 200.71 | |
Days Payable | 154.19 | 110.55 | 179.63 | 193.66 | |
Cash Conversion Cycle | 168.54 | 158.21 | 270.80 | 240.93 | |
Working Capital Days | 160.49 | 122.32 | 215.06 | 198.02 | |
ROCE % | 8.81% | 8.17% | 13.91% |
Documents
Announcements
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
20 July 2024 - Polysil Irrigation Systems Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018
-
Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
17 June 2024 - POLYSIL IRRIGATION SYSTEMS LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
-
Resignation
17 June 2024 - Polysil Irrigation Systems Limited has informed regarding Resignation of Mr Aman Malpani as Chief Financial Officer of the company w.e.f. Jun 17, 2024.
-
Appointment
17 June 2024 - Polysil Irrigation Systems Limited has informed regarding Appointment of Mr Het Bharatbhai Savani as Chief Financial Officer of the company w.e.f. Jun 17, 2024.
-
Change in Company Secretary/Compliance Officer
17 June 2024 - Polysil Irrigation Systems Limited has informed about Change in Company Secretary/Compliance Officer
Annual reports
No data available.
Product Portfolio[1] HDPE pipes, pipe fittings, irrigation equipment, including disc filters, screen filters, hydrocyclone filters, sand filters (gravel), compression fittings, valves (electrical and mechanical), fertilizer tanks, digital controllers, pressure gages, etc.