PTL Enterprises Ltd
Incorporated in 1959, PTL Enterprises Ltd became an associate company of Apollo Tyres Ltd (ATL) in 1995, when the tyres and tubes manufacturing facility of Premier Tyres in Kalamassery, Kerala was acquired by Apollo. This facility began commercial production in September 1962 and currently the plant is leased to Apollo tyres on a long-term basis.[1]
- Market Cap ₹ 566 Cr.
- Current Price ₹ 42.8
- High / Low ₹ 54.1 / 32.0
- Stock P/E 12.4
- Book Value ₹ 58.8
- Dividend Yield 4.09 %
- ROCE 14.1 %
- ROE 9.74 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.73 times its book value
- Stock is providing a good dividend yield of 4.09%.
- Company has delivered good profit growth of 23.3% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 20.5%
Cons
* 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: Miscellaneous Industry: Miscellaneous
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Operating Profit |
OPM % |
Interest |
Depreciation |
Profit before tax |
Tax % |
EPS in Rs |
Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | |
---|---|---|---|---|---|---|---|---|---|---|---|
-0 | -0 | 18 | 78 | 125 | 194 | 229 | 258 | 304 | 410 | 450 | |
32 | 40 | 78 | 113 | 151 | 142 | 169 | 201 | 240 | 337 | 366 | |
Operating Profit | -32 | -40 | -60 | -35 | -26 | 53 | 60 | 57 | 64 | 74 | 84 |
OPM % | -328% | -45% | -20% | 27% | 26% | 22% | 21% | 18% | 19% | ||
42 | 50 | 56 | 56 | 62 | 3 | 3 | 5 | 2 | 4 | 8 | |
Interest | 0 | 1 | 13 | 21 | 19 | 21 | 28 | 27 | 22 | 20 | 14 |
Depreciation | 0 | 0 | 6 | 8 | 9 | 9 | 9 | 10 | 10 | 14 | 13 |
Profit before tax | 9 | 9 | -23 | -8 | 9 | 26 | 27 | 25 | 34 | 44 | 65 |
Tax % | 37% | 46% | -7% | -76% | 76% | 38% | 34% | 32% | 28% | 24% | 30% |
6 | 5 | -25 | -14 | 2 | 16 | 17 | 17 | 24 | 34 | 46 | |
EPS in Rs | 0.45 | 0.38 | -1.53 | -0.87 | 0.28 | 1.20 | 1.32 | 1.29 | 1.83 | 2.53 | 3.44 |
Dividend Payout % | -0% | -0% | -10% | -23% | 89% | 8% | 38% | 39% | 27% | 20% | 15% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 18% |
3 Years: | 20% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | 22% |
5 Years: | 23% |
3 Years: | 41% |
TTM: | 36% |
Stock Price CAGR | |
---|---|
10 Years: | 23% |
5 Years: | 16% |
3 Years: | 34% |
1 Year: | 32% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 14% |
3 Years: | 14% |
Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
Reserves | 6 | 11 | -12 | -3 | 3 | 83 | 92 | 102 | 118 | 144 | 765 |
0 | 53 | 162 | 182 | 182 | 170 | 192 | 182 | 151 | 115 | 68 | |
15 | 43 | 58 | 63 | 70 | 112 | 89 | 95 | 142 | 171 | 190 | |
Total Liabilities | 34 | 120 | 221 | 255 | 268 | 379 | 386 | 392 | 424 | 443 | 1,036 |
2 | 19 | 186 | 215 | 222 | 321 | 323 | 326 | 323 | 326 | 914 | |
CWIP | 5 | 72 | 5 | 7 | 4 | 1 | 1 | 1 | 1 | 2 | 4 |
Investments | 2 | 2 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
25 | 27 | 30 | 34 | 42 | 56 | 62 | 65 | 100 | 116 | 118 | |
Total Assets | 34 | 120 | 221 | 255 | 268 | 379 | 386 | 392 | 424 | 443 | 1,036 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | |
---|---|---|---|---|---|---|---|---|---|---|---|
8 | 30 | 10 | 11 | 19 | 32 | 36 | 47 | 85 | 79 | 66 | |
-6 | -82 | -103 | -10 | -3 | -47 | -2 | -11 | -14 | -10 | -18 | |
-0 | 51 | 96 | -3 | -13 | 3 | -36 | -42 | -62 | -62 | -67 | |
Net Cash Flow | 2 | -0 | 3 | -2 | 2 | -11 | -2 | -6 | 8 | 8 | -19 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 47 | 28 | 28 | 26 | 37 | 33 | 35 | 35 | 44 | ||
Inventory Days | 38 | 33 | 26 | 26 | 27 | 21 | |||||
Days Payable | 127 | 101 | 148 | 259 | 210 | 218 | |||||
Cash Conversion Cycle | 47 | 28 | 28 | -63 | -32 | -88 | -198 | -148 | -152 | ||
Working Capital Days | -953 | -214 | -127 | -89 | -100 | -106 | -92 | -79 | -41 | ||
ROCE % | 22% | -8% | 7% | 14% | 20% | 19% | 17% | 19% | 23% | 14% |
Documents
Announcements
- Compliance Certificate For The Period Ended On 31St March, 2024. 15 Apr
- Compliance Certificate Under Regulation 40(10) Of SEBI (LODR), Regulations, 2015 15 Apr
- Closure of Trading Window 27 Mar
- Announcement Under Regulation 30 (LODR) - Updates - Income Tax Assessment Order. 26 Mar
-
Disclosure Under Regulation 30
19 Mar - Brief details of Income Tax Assessment order
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
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Financial Year 2010
from nse
Operating segment The Company's only operating segment is Income from the lease of the plant to Apollo Tyres Limited. It received 60 crores in lease rentals from Apollo Tyres during FY22. The facility is utilised by Appolo tyres to manufacture truck and bus tyres which are sold under the brand name ''Apollo'' [1][2]