SMVD Poly Pack Ltd

SMVD Poly Pack Ltd

₹ 12.0 3.88%
24 Apr - close price
About

Incorporated in 2010, SMVD Polypack Ltd manufactures Plastic Products i.e. PP/ HDPE bags, FIBC, leno bags, etc.[1]

Key Points

Product Profile:[1]
a) FIBC Jumbo/ Bulk bags:
Baffle bags, Circular bags, Type-C Groundable bags, 4-panel bags, Type-D Anti-static bags, U-Panel bags, etc.
b) PP/HDPE woven sacks:
PP (Polypropylene) woven bags or woven PP bags are plastic woven bag primarily made of polypropylene and are used for material packing for fertilizer, cement, sand, food grains, sugar, cattle feed
c) BOPP bags:
These bags have multicoloured coating of BOPP printed films on PP fabric
d) Leno Bags:
Mainly used for bulk vegetable packing

  • Market Cap 12.1 Cr.
  • Current Price 12.0
  • High / Low 16.2 / 7.60
  • Stock P/E
  • Book Value -31.9
  • Dividend Yield 0.00 %
  • ROCE 7.22 %
  • ROE 1.51 %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 11.0% over past five years.
  • Company has a low return on equity of 2.86% over last 3 years.
  • Promoters have pledged 45.8% of their holding.
  • Debtor days have increased from 66.5 to 80.0 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

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Half Yearly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023
28 28 30 28 40 40 46 31 49 23
25 24 28 26 36 36 43 28 46 25
Operating Profit 2 4 2 2 4 4 3 3 3 -2
OPM % 9% 14% 8% 7% 10% 9% 7% 8% 6% -8%
0 0 0 0 0 0 -0 1 -0 -51
Interest 1 2 2 2 2 2 2 2 2 2
Depreciation 1 1 1 1 1 1 1 1 1 1
Profit before tax 0 1 -0 -1 1 1 0 1 -0 -55
Tax % -0% 17% -32% -0% 2% 17% 200% 16% -4% -0%
0 1 -0 -1 1 1 -0 1 -0 -55
EPS in Rs 0.44 1.18 -0.46 -0.78 1.26 1.10 -0.06 0.54 -0.26 -55.16
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
29 30 36 47 50 58 68 86 80 72
27 27 31 42 43 52 62 79 74 71
Operating Profit 3 3 4 5 7 6 6 7 5 1
OPM % 10% 10% 12% 11% 13% 11% 9% 8% 7% 1%
0 0 0 0 0 0 0 -0 0 -51
Interest 2 2 2 2 2 4 4 4 4 4
Depreciation 1 1 1 1 1 2 2 2 2 2
Profit before tax 0 0 2 2 3 1 0 1 0 -56
Tax % 84% 81% 30% 11% 24% 32% 4% 25% 29%
0 0 1 2 2 1 0 1 0 -56
EPS in Rs 0.26 0.22 4.41 2.14 2.45 0.73 0.49 1.05 0.28 -55.42
Dividend Payout % -0% -0% -0% -0% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: %
5 Years: 11%
3 Years: 11%
TTM: -6%
Compounded Profit Growth
10 Years: %
5 Years: -30%
3 Years: -22%
TTM: -1162%
Stock Price CAGR
10 Years: %
5 Years: 9%
3 Years: 38%
1 Year: -14%
Return on Equity
10 Years: %
5 Years: 5%
3 Years: 3%
Last Year: 2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 1 1 1 5 5 5 5 5 10 10
Reserves 5 5 6 13 16 17 17 18 13 -42
15 17 16 18 30 31 33 32 33 30
3 3 5 7 7 9 10 19 23 14
Total Liabilities 24 26 28 43 58 61 65 74 79 12
14 15 16 15 22 27 26 25 25 3
CWIP -0 -0 -0 7 6 -0 0 1 0 0
Investments 0 0 0 0 0 0 0 0 0 0
10 11 12 21 30 33 38 48 53 8
Total Assets 24 26 28 43 58 61 65 74 79 12

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
4 4 -1 5 7 1 9 6
-1 -1 -7 -7 -1 -0 -2 -2
-2 -3 8 3 -6 -0 -8 -5
Net Cash Flow 0 0 0 1 -0 0 -0 -1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 40 37 26 32 43 58 64 56 80
Inventory Days 94 112 113 119 188 169 164 158 191
Days Payable 29 27 36 41 43 46 41 85 119
Cash Conversion Cycle 105 122 103 110 189 180 187 129 152
Working Capital Days 88 94 76 89 138 132 157 127 145
ROCE % 10% 17% 15% 13% 9% 8% 10% 7%

Shareholding Pattern

Numbers in percentages

Mar 2019Sep 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Dec 2022Mar 2023Sep 2023Mar 2024
65.53% 65.53% 65.53% 65.53% 65.53% 65.53% 65.53% 65.53% 65.53% 65.53% 65.53% 65.53%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.04% 0.04% 0.04% 0.04% 0.04%
0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.16% 0.00% 0.00% 0.00%
34.43% 34.43% 34.43% 34.43% 34.43% 34.42% 34.43% 34.43% 34.27% 34.43% 34.43% 34.43%
No. of Shareholders 486462437428415398403428439438493435

* 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.

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