XPRO India Ltd

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

XPRO India Ltd

₹ 1,021 0.85%
29 Sep 11:21 a.m.
xproindia.com BSE: 590013 NSE : XPROINDIA
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 (~76% 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]

Website BSE NSE
  • Market Cap ₹ 1,859 Cr.
  • Current Price ₹ 1,021
  • High / Low ₹ 1,080 / 520
  • Stock P/E 48.8
  • Book Value ₹ 111
  • Dividend Yield 0.20 %
  • ROCE 28.4 %
  • ROE 26.6 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company has delivered good profit growth of 47.1% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 26.8%
  • Debtor days have improved from 51.2 to 36.6 days.

Cons

  • Stock is trading at 9.16 times its book value
  • Promoter holding has decreased over last quarter: -6.11%
  • The company has delivered a poor sales growth of 10.6% over past five years.

* 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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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023
26 98 102 148 91 127 111 143 160 134 93 124 131
29 85 89 130 80 109 94 126 137 115 80 105 112
Operating Profit -2 12 13 18 11 17 18 17 23 19 13 19 19
OPM % -9% 12% 13% 12% 12% 14% 16% 12% 14% 14% 14% 16% 15%
-0 1 0 1 0 0 0 1 1 1 2 1 1
Interest 5 5 4 3 3 3 3 2 2 2 2 2 2
Depreciation 3 3 3 3 3 3 3 3 3 3 3 3 3
Profit before tax -10 5 6 12 5 11 12 13 19 15 10 15 16
Tax % -24% 0% 0% 22% 0% 0% 0% -33% 0% -5% 36% 72% 28%
-13 5 6 10 5 11 12 17 19 16 6 4 11
EPS in Rs -7.18 2.98 3.47 5.45 2.84 6.12 6.56 9.86 10.47 9.08 3.65 2.34 6.20
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
246 226 243 259 275 318 307 345 354 370 469 509 482
223 220 240 256 262 292 286 318 324 330 405 434 412
Operating Profit 23 6 3 3 14 26 21 27 30 40 64 74 71
OPM % 9% 3% 1% 1% 5% 8% 7% 8% 8% 11% 14% 15% 15%
44 9 6 5 2 4 27 8 1 2 2 4 4
Interest 10 11 12 13 22 25 21 20 19 17 13 8 7
Depreciation 12 11 11 14 18 17 16 13 12 12 12 12 12
Profit before tax 44 -7 -15 -19 -25 -12 11 2 0 13 41 59 56
Tax % 24% 43% 31% 26% -41% -1% 0% 2% 2% 38% -11% 23%
34 -4 -10 -14 -35 -12 10 2 0 8 45 45 38
EPS in Rs 19.64 -2.35 -5.94 -7.93 -20.07 -7.03 5.93 1.31 0.23 4.72 25.38 24.91 21.27
Dividend Payout % 8% -28% 0% 0% 0% 0% 0% 0% 0% 0% 5% 8%
Compounded Sales Growth
10 Years: 8%
5 Years: 11%
3 Years: 13%
TTM: -11%
Compounded Profit Growth
10 Years: 29%
5 Years: 47%
3 Years: 347%
TTM: -35%
Stock Price CAGR
10 Years: 51%
5 Years: 107%
3 Years: 318%
1 Year: 54%
Return on Equity
10 Years: 2%
5 Years: 19%
3 Years: 27%
Last Year: 27%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
11 12 12 12 12 12 12 12 12 12 12 18
Reserves 136 131 121 105 70 57 68 70 70 78 123 184
52 165 187 178 181 215 190 172 168 135 90 39
60 60 78 92 96 70 80 64 66 83 110 99
Total Liabilities 260 368 397 386 359 354 349 317 316 308 335 340
97 91 104 250 251 226 202 188 188 179 168 160
CWIP 5 125 166 1 0 0 1 4 0 0 0 3
Investments 0 0 0 0 0 0 0 0 0 0 5 5
157 152 127 135 107 128 147 125 128 129 161 173
Total Assets 260 368 397 386 359 354 349 317 316 308 335 340

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
40 -15 4 -3 14 24 34 29 38 48 49 83
37 -108 -58 18 -4 -2 28 7 -6 -2 -10 -58
-26 99 24 -16 -10 -20 -63 -38 -27 -51 -21 -43
Net Cash Flow 50 -24 -30 0 -0 1 -0 -2 5 -5 17 -19

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 45 56 47 57 49 66 59 60 54 65 52 37
Inventory Days 42 59 57 58 57 52 63 52 59 57 51 49
Days Payable 47 80 75 91 78 82 93 77 81 100 65 53
Cash Conversion Cycle 40 35 30 24 28 36 30 36 33 22 38 33
Working Capital Days 28 46 20 0 -11 16 26 31 27 37 40 31
ROCE % 10% 1% -1% -2% -0% 5% 4% 8% 8% 13% 24% 28%

Shareholding Pattern

Numbers in percentages

3 Recently
Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Jul 2023
50.02% 50.02% 50.02% 50.02% 50.02% 50.02% 50.02% 50.02% 50.02% 51.37% 51.37% 45.26%
0.00% 0.00% 0.00% 0.10% 0.67% 0.62% 0.50% 0.41% 0.18% 0.04% 0.08% 11.96%
0.07% 0.07% 0.07% 0.07% 0.07% 0.07% 0.09% 0.09% 0.09% 0.70% 0.77% 0.67%
0.03% 0.03% 0.03% 0.03% 0.03% 0.03% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04%
49.87% 49.87% 49.87% 49.78% 49.20% 49.25% 49.35% 49.43% 49.67% 47.84% 47.73% 42.07%
No. of Shareholders 19,77319,30720,33621,21524,30326,48628,19830,38930,06829,89628,92229,070

* 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

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