Pramara Promotions Ltd
Incorporated in 2006, Pramara Promotions Ltd
is in the business of promotional merchandise[1]
- Market Cap ₹ 480 Cr.
- Current Price ₹ 344
- High / Low ₹ 375 / 114
- Stock P/E 50.7
- Book Value ₹ 83.3
- Dividend Yield 0.00 %
- ROCE 14.9 %
- ROE 11.5 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 32.5% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -11.2%
- Promoter holding is low: 39.4%
- Company has a low return on equity of 13.3% over last 3 years.
- Promoters have pledged 30.4% of their holding.
- Company's cost of borrowing seems high
- Working capital days have increased from 217 days to 309 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.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 72 | 64 | 41 | 49 | 49 | 56 | 77 | 101 | |
| 66 | 58 | 37 | 43 | 43 | 46 | 64 | 86 | |
| Operating Profit | 5 | 6 | 4 | 6 | 6 | 10 | 12 | 15 |
| OPM % | 8% | 9% | 9% | 13% | 13% | 17% | 16% | 15% |
| 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | |
| Interest | 3 | 3 | 3 | 4 | 4 | 5 | 6 | 6 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 2 | 2 | 0 | 2 | 3 | 5 | 6 | 10 |
| Tax % | 14% | 14% | 26% | 24% | 19% | 21% | 16% | |
| 2 | 1 | 0 | 1 | 2 | 4 | 5 | 9 | |
| EPS in Rs | 2.31 | 2.03 | 0.53 | 2.25 | 3.10 | 4.10 | 4.99 | 7.45 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | 16% |
| TTM: | 63% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 32% |
| 3 Years: | 54% |
| TTM: | 89% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 184% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 12% |
| 3 Years: | 13% |
| Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 1 | 7 | 9 | 11 | 14 |
| Reserves | 8 | 9 | 10 | 11 | 8 | 23 | 52 | 102 |
| 24 | 24 | 30 | 31 | 33 | 34 | 34 | 30 | |
| 21 | 15 | 6 | 16 | 12 | 4 | 4 | 4 | |
| Total Liabilities | 54 | 49 | 48 | 60 | 59 | 70 | 102 | 150 |
| 6 | 6 | 5 | 8 | 6 | 7 | 8 | 8 | |
| CWIP | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
| Investments | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 46 | 41 | 41 | 51 | 51 | 62 | 93 | 141 | |
| Total Assets | 54 | 49 | 48 | 60 | 59 | 70 | 102 | 150 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 13 | 1 | -7 | 6 | 6 | -9 | -20 | |
| -8 | 3 | -0 | -3 | 0 | 1 | -1 | |
| -3 | -3 | 3 | -2 | -5 | 8 | 24 | |
| Net Cash Flow | 2 | 1 | -4 | 1 | 1 | -0 | 3 |
| Free Cash Flow | 9 | 0 | -7 | 3 | 6 | -9 | -21 |
| CFO/OP | 248% | 19% | -180% | 106% | 92% | -84% | -166% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 119 | 67 | 99 | 143 | 116 | 122 | 148 |
| Inventory Days | 96 | 164 | 264 | 276 | 252 | ||
| Days Payable | 124 | 85 | 91 | 22 | 17 | ||
| Cash Conversion Cycle | 91 | 145 | 99 | 143 | 288 | 375 | 383 |
| Working Capital Days | 12 | 38 | 141 | 115 | 123 | 219 | 309 |
| ROCE % | 14% | 8% | 13% | 14% | 17% | 15% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Manufacturing Facility Area sq. feet |
|
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| Total Employees number |
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| Annual Production Capacity million products |
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| Optimum Daily Production Capacity (Lower Bound) products per day |
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| Optimum Daily Production Capacity (Upper Bound) products per day |
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| Injection Moulding Machines number |
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| International Markets Served number |
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| Order Book Value INR Million |
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Documents
Announcements
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General Updates
30 March 2026 - Purchase of 417 mold sets from Grani (Italy); dispatch Apr 2026, India arrival May 2026; supports Toy Works H2 FY2026–27.
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Trading Window
21 March 2026 - Trading window closed Apr 1, 2026 until 48 hours after audited FY Mar 31, 2026 results announcement.
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Analysts/Institutional Investor Meet/Con. Call Updates
27 February 2026 - Analyst/investor group meeting held Feb 27, 2026 with NG Wealth, Eqilion, P3WM and others; no UPSI disclosed.
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Analysts/Institutional Investor Meet/Con. Call Updates
24 February 2026 - Virtual investor/analyst group meeting on 27 Feb 2026 at 04:00 PM IST.
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General Updates
23 February 2026 - Pramara to manufacture and launch four Crayon Shinchan licensed products in India; Sega molds relocated from China.
Annual reports
Concalls
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Jun 2024TranscriptAI SummaryPPT
Business Overview:[1][2]
PPL is a promotional marketing agency with in-house manufacturing capabilities, serving brands across various segments. They specialize in trade and consumer premiums, brand partnerships, and character licensing. PPL is India's largest supplier and manufacturer of promotional toys, merchandise, and corporate gifts.