Silkflex Polymers (India) Ltd
₹ 102
2.37%
20 May
- close price
About
Incorporated in 2016, Silkflex Polymers
India Ltd is in the business of Chemicals
and Printing dyes and water based Wood Coatings[1]
Key Points
- Market Cap ₹ 118 Cr.
- Current Price ₹ 102
- High / Low ₹ 114 / 46.1
- Stock P/E 16.8
- Book Value ₹ 30.7
- Dividend Yield 0.00 %
- ROCE 23.2 %
- ROE 29.2 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 82.1% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 27.9%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 33.1 to 46.1 days.
- Working capital days have increased from 158 days to 250 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.
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
20.52 | 20.73 | 27.82 | 44.30 | 59.58 | 80.16 | |
19.71 | 19.48 | 26.18 | 41.90 | 52.59 | 68.41 | |
Operating Profit | 0.81 | 1.25 | 1.64 | 2.40 | 6.99 | 11.75 |
OPM % | 3.95% | 6.03% | 5.90% | 5.42% | 11.73% | 14.66% |
0.04 | 0.21 | 0.22 | 0.21 | 0.39 | 0.36 | |
Interest | 0.33 | 0.80 | 0.73 | 1.10 | 1.65 | 2.33 |
Depreciation | 0.06 | 0.05 | 0.21 | 0.40 | 0.48 | 0.38 |
Profit before tax | 0.46 | 0.61 | 0.92 | 1.11 | 5.25 | 9.40 |
Tax % | 26.09% | 26.23% | 25.00% | 25.23% | 25.14% | 25.53% |
0.35 | 0.45 | 0.69 | 0.83 | 3.93 | 7.00 | |
EPS in Rs | 2.33 | 2.19 | 2.76 | 3.32 | 4.84 | 6.03 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 31% |
3 Years: | 42% |
TTM: | 35% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 82% |
3 Years: | 116% |
TTM: | 78% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 94% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 25% |
3 Years: | 28% |
Last Year: | 29% |
Balance Sheet
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Equity Capital | 1.50 | 2.05 | 2.50 | 2.50 | 8.13 | 11.61 |
Reserves | 1.24 | 3.08 | 4.88 | 5.83 | 4.14 | 24.01 |
5.60 | 6.12 | 9.94 | 13.55 | 16.86 | 36.28 | |
1.31 | 1.89 | 2.37 | 1.84 | 9.79 | 10.77 | |
Total Liabilities | 9.65 | 13.14 | 19.69 | 23.72 | 38.92 | 82.67 |
1.22 | 1.47 | 3.46 | 4.02 | 11.30 | 15.91 | |
CWIP | 0.00 | 1.15 | 0.00 | 0.00 | 0.93 | 0.93 |
Investments | 1.38 | 1.60 | 1.13 | 1.40 | 1.64 | 0.00 |
7.05 | 8.92 | 15.10 | 18.30 | 25.05 | 65.83 | |
Total Assets | 9.65 | 13.14 | 19.69 | 23.72 | 38.92 | 82.67 |
Cash Flows
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
-0.09 | -0.17 | -4.29 | -0.95 | 4.72 | -30.23 | |
-1.79 | -1.49 | -0.37 | -1.17 | -9.13 | -4.88 | |
1.88 | 1.66 | 4.64 | 2.11 | 4.43 | 35.14 | |
Net Cash Flow | 0.00 | 0.00 | -0.01 | 0.00 | 0.02 | 0.03 |
Ratios
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|
Debtor Days | 40.73 | 48.77 | 29.00 | 17.30 | 35.78 | 46.13 |
Inventory Days | 90.36 | 124.86 | 215.65 | 153.46 | 130.85 | 185.20 |
Days Payable | 27.60 | 12.68 | 10.79 | 12.58 | 55.96 | 38.42 |
Cash Conversion Cycle | 103.50 | 160.95 | 233.85 | 158.19 | 110.66 | 192.91 |
Working Capital Days | 98.90 | 122.37 | 166.23 | 134.05 | 90.12 | 249.89 |
ROCE % | 14.40% | 11.55% | 11.28% | 27.05% | 23.22% |
Documents
Announcements
-
Investor Presentation
19 May 2025 - Investor presentation for FY25 with company overview, product portfolio, certifications, and growth plans.
-
Analysts/Institutional Investor Meet/Con. Call Updates
18 May 2025 - Earnings call scheduled for May 21, 2025, to discuss H2 & FY25 financial results.
-
Related Party Transactions
16 May 2025 - Silkflex states Regulation 23(9) SEBI compliance not applicable for H1 FY25 due to SME listing.
-
Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
16 May 2025 - SILKFLEX POLYMERS (INDIA) LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
-
Appointment
16 May 2025 - Appointment of Ms. Kavita Shaw as Secretarial Auditor for FY 2025-26 by Silkflex Polymers.
Annual reports
Concalls
-
May 2025TranscriptNotesPPT
Business Overview:[1]
Company does trading of textile printing inks and water-based wood coating polymers products of a Malaysian based brand - Silkflex produced by Silkflex Polymers SDN BHD (Silkflex Malaysia). It is one of the garment printing ink manufacturers of Malaysia supplying products around the globe through its authorised agents, including countries like India, Thailand, Turkey, Russia, Sri Lanka, Bangladesh and Indonesia