SPP Polymer Ltd

SPP Polymer Ltd

₹ 44.4 -1.99%
04 Oct - close price
About

Incorporated in 2004, SPP Polymers Limited is a manufacturer of a wide range of HDPE/PP woven fabric and bags, non-woven fabrics and bags, and Multifilament Yarn.[1]

Key Points

Business Profile[1] SPP Polymer Ltd. (SPL) is an ISO-certified company specializing in manufacturing HDPE/PP woven fabrics and bags, non-woven fabrics and bags, and PP multifilament yarn. It provides B2B packaging solutions for industries like cement, chemicals, food grains, sugar, polymers, and agriculture, for large-quantity goods packaging.

  • Market Cap 68.3 Cr.
  • Current Price 44.4
  • High / Low 63.0 / 42.6
  • Stock P/E 69.0
  • Book Value
  • Dividend Yield 0.00 %
  • ROCE 9.10 %
  • ROE 3.99 %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 2.84% over last 3 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: Packaging Industry: Packaging

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Quarterly Results

Figures in Rs. Crores

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
58.53 65.54 80.28 66.05 91.75
56.35 63.17 78.74 63.38 85.57
Operating Profit 2.18 2.37 1.54 2.67 6.18
OPM % 3.72% 3.62% 1.92% 4.04% 6.74%
0.30 0.38 0.50 0.73 2.06
Interest 0.64 0.51 0.61 1.11 2.70
Depreciation 1.04 0.96 1.03 1.27 4.11
Profit before tax 0.80 1.28 0.40 1.02 1.43
Tax % 31.25% 17.19% 32.50% 47.06% 30.07%
0.55 1.07 0.28 0.54 0.99
EPS in Rs 1.92 0.88
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 12%
TTM: 39%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: -3%
TTM: 83%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 3%
Last Year: 4%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 2.16 2.16 2.75 2.81 11.24
Reserves 10.72 11.79 16.97 21.53 14.09
8.26 4.76 12.62 22.15 18.98
4.04 3.66 5.88 7.69 26.61
Total Liabilities 25.18 22.37 38.22 54.18 70.92
6.18 6.01 6.77 27.02 24.18
CWIP 0.00 0.00 4.34 0.12 0.27
Investments 0.00 0.00 0.00 0.00 0.00
19.00 16.36 27.11 27.04 46.47
Total Assets 25.18 22.37 38.22 54.18 70.92

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
4.48 -6.47 3.80 4.60
-0.40 -5.92 -16.73 0.54
-3.88 12.75 12.49 -5.87
Net Cash Flow 0.20 0.36 -0.43 -0.73

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 44.34 54.13 46.47 43.27 56.17
Inventory Days 64.30 28.54 52.88 71.31 129.14
Days Payable 15.83 12.40 23.63 41.45 124.36
Cash Conversion Cycle 92.81 70.28 75.71 73.13 60.95
Working Capital Days 82.19 58.92 84.25 96.21 71.37
ROCE % 8.98% 3.96% 5.40% 9.10%

Shareholding Pattern

Numbers in percentages

8 Recently

Shareholding pattern is currently not available for this company.

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