Silkflex Polymers (India) Ltd

Silkflex Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Silkflex Polymers (India) Ltd

₹ 92.8 1.75%
13 Dec - close price
Company website NSE - SME: SILKFLEX
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

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

Website NSE - ST
  • Market Cap ₹ 108 Cr.
  • Current Price ₹ 92.8
  • High / Low ₹ 114 / 46.1
  • Stock P/E 20.1
  • Book Value ₹ 27.4
  • Dividend Yield 0.00 %
  • ROCE 27.0 %
  • ROE 38.2 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company's working capital requirements have reduced from 130 days to 90.1 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Debtor days have increased from 27.4 to 35.8 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: Trading Industry: Trading

Edit Columns
Loading peers table ...

Half Yearly Results

Figures in Rs. Crores

Mar 2023 Sep 2023 Mar 2024 Sep 2024
19.74 23.74 35.84 35.15
18.24 20.69 32.11 29.90
Operating Profit 1.50 3.05 3.73 5.25
OPM % 7.60% 12.85% 10.41% 14.94%
0.10 0.12 0.27 0.28
Interest 0.69 0.43 1.01 0.98
Depreciation 0.39 0.48 0.00 0.19
Profit before tax 0.52 2.26 2.99 4.36
Tax % 53.85% 22.12% 27.42% 26.83%
0.24 1.76 2.17 3.19
EPS in Rs 0.96 7.04 2.67 2.75
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
20.52 20.73 27.82 44.30 59.58 70.99
19.71 19.48 26.18 41.90 52.59 62.01
Operating Profit 0.81 1.25 1.64 2.40 6.99 8.98
OPM % 3.95% 6.03% 5.90% 5.42% 11.73% 12.65%
0.04 0.21 0.22 0.21 0.39 0.55
Interest 0.33 0.80 0.73 1.10 1.65 1.99
Depreciation 0.06 0.05 0.21 0.40 0.48 0.19
Profit before tax 0.46 0.61 0.92 1.11 5.25 7.35
Tax % 26.09% 26.23% 25.00% 25.23% 25.14%
0.35 0.45 0.69 0.83 3.93 5.36
EPS in Rs 2.33 2.19 2.76 3.32 4.84 5.42
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 42%
TTM: 63%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 106%
TTM: 168%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 22%
Last Year: 38%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
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 20.20
5.60 6.12 9.94 13.55 16.86 20.86
1.31 1.89 2.37 1.84 9.79 10.00
Total Liabilities 9.65 13.14 19.69 23.72 38.92 62.67
1.22 1.47 3.46 4.02 11.30 17.01
CWIP 0.00 1.15 0.00 0.00 0.93 0.00
Investments 1.38 1.60 1.13 1.40 1.64 1.69
7.05 8.92 15.10 18.30 25.05 43.97
Total Assets 9.65 13.14 19.69 23.72 38.92 62.67

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.09 -0.17 -4.29 -0.95 4.72
-1.79 -1.49 -0.37 -1.17 -9.13
1.88 1.66 4.64 2.11 4.43
Net Cash Flow 0.00 0.00 -0.01 0.00 0.02

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 40.73 48.77 29.00 17.30 35.78
Inventory Days 90.36 124.86 215.65 153.46 130.85
Days Payable 27.60 12.68 10.79 12.58 55.96
Cash Conversion Cycle 103.50 160.95 233.85 158.19 110.66
Working Capital Days 98.90 122.37 166.23 134.05 90.12
ROCE % 14.40% 11.55% 11.28% 27.05%

Shareholding Pattern

Numbers in percentages

Sep 2024
69.89%
4.76%
25.36%
No. of Shareholders 456

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports