XPRO India Ltd

XPRO India Ltd

₹ 1,299 1.63%
11 Jun - close price
About

XPRO India Ltd is engaged mainly in the business of polymers processing at multiple locations and is a leading manufacturer in India of Coextruded Plastic Films, thermoformed liners and specialty films (including dielectric films and special purpose BOPP Films).

Key Points

Coex Division (~67.74 % of revenues)[1]
The company's Coex Division manufactures coextruded sheets, thermoformed refrigerator liners and co-extruded cast films. Its products are used for refrigerator liners, disposable containers, automotive parts, etc.[2] It continues to be a leading supplier of sheets and liners in India for white goods of most leading brands.[3]

  • Market Cap 2,890 Cr.
  • Current Price 1,299
  • High / Low 1,677 / 939
  • Stock P/E 66.0
  • Book Value 277
  • Dividend Yield 0.15 %
  • ROCE 9.37 %
  • ROE 7.44 %
  • Face Value 10.0

Pros

Cons

  • The company has delivered a poor sales growth of 8.57% over past five years.
  • Company has a low return on equity of 11.3% over last 3 years.
  • Earnings include an other income of Rs.19.7 Cr.
  • Dividend payout has been low at 9.42% of profits over last 3 years
  • Debtor days have increased from 44.0 to 53.0 days.
  • Promoter holding has decreased over last 3 years: -7.59%

* 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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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
142.80 159.63 134.00 93.06 124.27 130.89 109.97 96.14 128.41 138.53 133.98 104.55 158.21
125.57 136.55 114.94 80.02 105.02 111.61 95.10 80.95 111.62 122.88 120.68 93.81 144.67
Operating Profit 17.23 23.08 19.06 13.04 19.25 19.28 14.87 15.19 16.79 15.65 13.30 10.74 13.54
OPM % 12.07% 14.46% 14.22% 14.01% 15.49% 14.73% 13.52% 15.80% 13.08% 11.30% 9.93% 10.27% 8.56%
0.93 0.61 1.07 1.54 0.64 1.09 2.87 3.08 3.13 6.89 4.76 6.44 1.58
Interest 2.13 2.21 1.82 1.58 1.92 1.76 1.28 1.18 0.78 0.94 0.79 1.66 0.99
Depreciation 2.92 2.95 2.94 2.89 2.74 2.95 2.92 2.65 2.62 2.61 2.65 2.63 2.62
Profit before tax 13.11 18.53 15.37 10.11 15.23 15.66 13.54 14.44 16.52 18.99 14.62 12.89 11.51
Tax % -33.18% 0.00% -4.68% 35.91% 71.96% 27.91% 30.06% 26.04% 24.76% 26.17% 25.85% 24.83% 19.29%
17.45 18.53 16.09 6.48 4.26 11.30 9.48 10.68 12.43 14.02 10.83 9.68 9.29
EPS in Rs 9.86 10.47 9.08 3.66 2.34 6.20 4.59 5.17 5.64 6.36 4.91 4.36 4.17
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
243 258 274 311 304 346 355 373 472 511 465 535
240 255 261 285 283 319 324 333 408 437 399 482
Operating Profit 3 3 14 26 21 27 31 40 64 74 66 53
OPM % 1% 1% 5% 8% 7% 8% 9% 11% 14% 15% 14% 10%
5 5 2 4 27 8 1 2 2 4 10 20
Interest 12 13 22 25 21 20 19 17 13 8 5 4
Depreciation 11 14 18 17 16 13 12 12 12 12 11 11
Profit before tax -15 -19 -25 -12 10 2 1 13 41 59 60 58
Tax % -31% -26% 40% 0% 0% 2% 1% 39% -11% 23% 27% 24%
-10 -14 -35 -12 10 2 1 8 45 45 44 44
EPS in Rs -5.97 -7.95 -20.09 -7.06 5.91 1.29 0.68 4.47 25.38 24.91 19.91 19.65
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 5% 8% 10% 10%
Compounded Sales Growth
10 Years: 8%
5 Years: 9%
3 Years: 4%
TTM: 15%
Compounded Profit Growth
10 Years: 18%
5 Years: 99%
3 Years: -1%
TTM: -3%
Stock Price CAGR
10 Years: 50%
5 Years: 153%
3 Years: 15%
1 Year: 25%
Return on Equity
10 Years: 7%
5 Years: 13%
3 Years: 11%
Last Year: 7%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 12 12 12 12 12 12 12 12 12 18 22 22
Reserves 120 105 70 57 67 70 71 78 160 215 538 595
216 213 226 215 190 172 168 135 90 39 39 116
49 56 50 68 79 63 66 83 73 68 78 119
Total Liabilities 397 386 358 351 348 316 317 308 335 340 677 852
104 250 251 226 202 188 188 179 168 160 151 151
CWIP 166 1 0 0 1 4 0 0 0 3 22 194
Investments 1 1 1 1 1 1 1 0 5 5 5 190
127 134 106 124 145 124 128 129 161 173 500 317
Total Assets 397 386 358 351 348 316 317 308 335 340 677 852

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
4 -3 14 23 34 29 39 48 49 83 44 10
-58 18 -4 -2 28 7 -7 -1 -11 -58 -320 -36
24 -16 -10 -20 -63 -37 -27 -51 -21 -43 278 84
Net Cash Flow -30 0 -0 1 -0 -2 5 -4 17 -19 1 58

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 47 57 49 64 59 59 54 65 51 36 43 53
Inventory Days 57 58 57 53 64 53 59 57 51 49 53 57
Days Payable 75 90 77 80 93 76 81 100 65 53 57 61
Cash Conversion Cycle 30 24 28 37 30 36 33 22 38 33 39 49
Working Capital Days 20 0 -11 17 26 32 28 37 40 31 38 56
ROCE % -1% -2% -0% 4% 4% 8% 8% 13% 22% 25% 15% 9%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
50.02% 50.02% 50.02% 51.37% 51.37% 45.26% 45.26% 42.46% 42.46% 42.46% 42.24% 42.42%
0.50% 0.41% 0.18% 0.04% 0.08% 11.99% 12.04% 14.97% 15.04% 14.92% 14.31% 14.01%
0.09% 0.09% 0.09% 0.70% 0.77% 0.67% 0.52% 3.09% 3.10% 2.90% 2.99% 2.99%
0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.03%
49.35% 49.43% 49.67% 47.84% 47.73% 42.05% 42.13% 39.45% 39.34% 39.69% 40.41% 40.52%
No. of Shareholders 28,19830,38930,06829,89628,92228,76929,17928,18627,79727,13728,25528,276

* 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.

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