Uflex Ltd

Uflex Ltd

₹ 463 4.71%
24 Apr 12:03 p.m.
About

Uflex Ltd is a leading Indian multinational company which is engaged in the manufacturing and sale of flexible packaging products & offers a complete flexible packaging solution to its customers across the globe.[1]

Key Points

Flexible Packaging
Company manufactures a vast range of plastic flexible packaging products. Its product portfolio includes Biaxially Oriented Polyethylene Terephthalate (BOPET), Biaxially Oriented Polypropylene (BOPP) films, Cast Polypropylene (CPP) films, Printing and coating Inks, adhesives, facilities for Holography, Metallization & PVDC coating, Gravure Printing Cylinders, Gravure Printing, Lamination and Pouch formation. [1]

  • Market Cap 3,340 Cr.
  • Current Price 463
  • High / Low 500 / 371
  • Stock P/E 18.3
  • Book Value 410
  • Dividend Yield 0.65 %
  • ROCE 10.1 %
  • ROE 8.66 %
  • Face Value 10.0

Pros

  • Stock is trading at 1.14 times its book value
  • Company has delivered good profit growth of 19.1% CAGR over last 5 years

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 9.00% over last 3 years.
  • Contingent liabilities of Rs.1,175 Cr.

* 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: Packaging Industry: Packaging

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
1,200 1,243 1,265 1,314 1,430 1,664 1,689 1,712 1,705 1,673 1,663 1,641 1,649
995 1,061 1,102 1,187 1,268 1,484 1,491 1,567 1,542 1,454 1,466 1,482 1,487
Operating Profit 205 182 163 127 162 180 198 145 163 218 198 159 161
OPM % 17% 15% 13% 10% 11% 11% 12% 8% 10% 13% 12% 10% 10%
5 6 4 4 4 34 7 8 9 14 8 10 10
Interest 37 36 35 37 40 44 40 41 45 57 60 63 66
Depreciation 66 64 63 63 63 65 65 64 66 67 73 76 75
Profit before tax 107 89 70 32 64 106 100 48 60 108 73 29 30
Tax % 33% 35% 18% 9% 16% 22% 25% 24% 18% 23% 25% 28% 22%
71 57 57 29 53 83 75 36 49 83 55 21 24
EPS in Rs 9.86 7.94 7.90 4.00 7.35 11.53 10.41 5.05 6.84 11.45 7.62 2.89 3.29
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
3,066 3,148 3,167 3,314 3,801 3,887 3,878 4,221 4,070 4,633 5,674 6,779 6,626
2,617 2,675 2,771 2,936 3,328 3,394 3,418 3,761 3,536 3,887 5,040 6,055 5,890
Operating Profit 449 473 396 378 473 493 460 460 534 746 633 724 736
OPM % 15% 15% 12% 11% 12% 13% 12% 11% 13% 16% 11% 11% 11%
24 24 77 58 38 17 16 20 82 20 46 38 42
Interest 160 175 167 116 108 119 144 168 173 152 155 183 246
Depreciation 124 147 147 164 167 188 221 240 261 260 253 262 291
Profit before tax 189 175 159 156 236 204 111 73 182 354 271 317 240
Tax % 21% 21% 18% 9% 15% 5% 9% 29% 21% 35% 18% 23%
150 138 129 142 202 194 101 52 143 230 222 244 182
EPS in Rs 20.72 19.18 17.91 19.66 27.93 26.80 13.98 7.15 19.84 31.91 30.79 33.75 25.25
Dividend Payout % 10% 13% 14% 14% 11% 13% 14% 28% 10% 8% 10% 9%
Compounded Sales Growth
10 Years: 8%
5 Years: 12%
3 Years: 19%
TTM: -2%
Compounded Profit Growth
10 Years: 6%
5 Years: 19%
3 Years: 19%
TTM: -25%
Stock Price CAGR
10 Years: 18%
5 Years: 13%
3 Years: 6%
1 Year: 10%
Return on Equity
10 Years: 7%
5 Years: 7%
3 Years: 9%
Last Year: 9%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 72 72 72 72 72 72 72 72 72 72 72 72 72
Reserves 1,220 1,413 1,522 1,616 1,795 1,970 2,046 2,073 2,187 2,404 2,610 2,831 2,886
1,165 1,065 960 797 926 1,238 1,418 1,407 1,239 1,289 1,752 2,482 2,658
878 879 814 781 763 800 891 852 922 1,154 1,454 1,579 1,465
Total Liabilities 3,335 3,429 3,369 3,265 3,557 4,080 4,428 4,404 4,420 4,920 5,888 6,964 7,081
1,449 1,397 1,283 1,282 1,328 1,526 1,971 1,967 2,019 1,978 2,008 2,735 2,733
CWIP 9 14 73 26 219 480 174 173 29 71 495 276 427
Investments 490 660 530 448 437 407 415 374 462 463 466 451 451
1,387 1,357 1,483 1,509 1,573 1,667 1,868 1,890 1,911 2,408 2,919 3,503 3,471
Total Assets 3,335 3,429 3,369 3,265 3,557 4,080 4,428 4,404 4,420 4,920 5,888 6,964 7,081

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
540 509 223 167 466 251 358 470 317 575 376 238
-430 -209 127 -16 -360 -508 -337 -184 -109 -292 -681 -679
-125 -298 -297 -222 11 190 -55 -287 -226 -149 268 517
Net Cash Flow -15 3 54 -71 117 -68 -35 -1 -18 134 -36 77

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 74 83 93 86 75 94 106 103 100 105 109 111
Inventory Days 39 40 39 49 46 56 63 52 73 69 70 68
Days Payable 64 81 79 79 86 95 105 86 96 104 108 89
Cash Conversion Cycle 49 42 53 56 35 55 64 69 76 71 71 89
Working Capital Days 29 27 33 50 37 59 66 60 74 84 82 90
ROCE % 15% 14% 10% 9% 12% 11% 7% 7% 10% 14% 10% 10%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
44.02% 44.02% 44.02% 44.02% 44.58% 44.58% 44.58% 44.58% 44.58% 44.58% 44.58% 44.58%
5.18% 6.20% 6.42% 6.66% 7.09% 8.69% 8.34% 7.26% 7.14% 6.51% 7.04% 7.47%
1.61% 1.15% 1.08% 0.33% 0.18% 0.22% 0.25% 0.66% 0.66% 0.68% 0.69% 0.70%
49.19% 48.64% 48.48% 49.00% 48.15% 46.54% 46.84% 47.50% 47.62% 48.25% 47.70% 47.26%
No. of Shareholders 38,85152,81257,14756,62556,39155,22157,62661,97062,81766,40963,36758,352

* 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

Concalls