Axel Polymers Ltd

Axel Polymers Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Axel Polymers Ltd

₹ 52.0 -9.72%
22 Nov - close price
axelpolymers.com BSE: 513642
About

Incorporated in 1992, Axel Polymers Ltd is a manufacturer of Compounds, Blends, Alloys of Engineering, Specialty and commodity Polymers

Key Points

Product Profile:
a) Dplen - PBT Compounds[1]
b) Dplon - Polycarbonate Compounds[2]
c) Dpnor - mPPE Compounds[3]
d) Dpnyl - Nylon Compounds[4]
e) Dprex - Styrene Compounds[5]
f) Dpron - Polypropylene Compounds[6]
g) Utility Compounds[7]

Website BSE
  • Market Cap ₹ 44.3 Cr.
  • Current Price ₹ 52.0
  • High / Low ₹ 76.0 / 47.1
  • Stock P/E
  • Book Value ₹ 16.0
  • Dividend Yield 0.00 %
  • ROCE 12.9 %
  • ROE 10.9 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company is expected to give good quarter
  • Debtor days have improved from 40.7 to 31.2 days.
  • Company's median sales growth is 18.4% of last 10 years
  • Company's working capital requirements have reduced from 108 days to 77.8 days

Cons

  • Stock is trading at 3.25 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 9.37% 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: Plastic products Industry: Plastics Products

Edit Columns
Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
17.94 12.59 24.18 18.82 21.45 17.74 27.18 25.81 30.92 38.65 37.28 42.24 13.87
16.92 11.64 23.13 17.79 20.42 16.58 25.29 24.28 29.53 37.18 35.85 41.93 13.72
Operating Profit 1.02 0.95 1.05 1.03 1.03 1.16 1.89 1.53 1.39 1.47 1.43 0.31 0.15
OPM % 5.69% 7.55% 4.34% 5.47% 4.80% 6.54% 6.95% 5.93% 4.50% 3.80% 3.84% 0.73% 1.08%
0.03 0.09 0.41 0.05 0.08 0.03 0.12 0.01 0.01 0.01 0.01 0.03 0.01
Interest 0.73 0.74 0.62 0.72 0.76 0.82 0.86 0.80 0.78 0.67 0.62 0.75 0.85
Depreciation 0.12 0.10 0.17 0.10 0.10 0.10 0.24 0.12 0.12 0.12 0.34 0.12 0.12
Profit before tax 0.20 0.20 0.67 0.26 0.25 0.27 0.91 0.62 0.50 0.69 0.48 -0.53 -0.81
Tax % -0.00% -0.00% 64.18% -0.00% -0.00% -0.00% 54.95% -0.00% -0.00% 2.90% 114.58% -0.00% -0.00%
0.20 0.20 0.25 0.26 0.25 0.27 0.41 0.62 0.50 0.67 -0.07 -0.53 -0.81
EPS in Rs 0.23 0.23 0.29 0.31 0.29 0.32 0.48 0.73 0.59 0.79 -0.08 -0.62 -0.95
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
7 6 16 19 22 27 24 23 48 73 83 128 132
7 6 15 17 21 26 23 22 44 69 78 122 129
Operating Profit 1 -0 1 1 1 1 2 1 4 4 5 6 3
OPM % 9% -9% 9% 6% 5% 5% 7% 6% 8% 6% 6% 5% 3%
0 0 0 0 0 0 0 0 0 1 0 0 0
Interest 1 1 1 1 1 1 1 1 3 3 3 3 3
Depreciation 0 0 0 0 0 0 0 0 0 0 1 1 1
Profit before tax -0 -2 0 0 0 0 0 0 1 1 2 2 -0
Tax % -0% -0% -0% -0% 15% 17% -7% -12% -16% 31% 31% 32%
-0 -2 0 0 0 0 0 0 1 1 1 2 -1
EPS in Rs -0.93 -4.14 0.28 0.35 0.51 0.53 1.09 0.21 1.53 1.08 1.39 1.83 -0.86
Dividend Payout % -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: 37%
5 Years: 39%
3 Years: 38%
TTM: 30%
Compounded Profit Growth
10 Years: 11%
5 Years: 27%
3 Years: 33%
TTM: -141%
Stock Price CAGR
10 Years: 30%
5 Years: 46%
3 Years: 4%
1 Year: 10%
Return on Equity
10 Years: 10%
5 Years: 9%
3 Years: 9%
Last Year: 11%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 4 4 4 4 4 4 4 4 9 9 9 9 9
Reserves -2 -3 -3 -3 -3 -3 -2 -2 3 4 5 6 5
6 5 4 5 6 7 8 7 26 26 25 26 34
4 4 10 7 7 6 5 7 14 17 16 24 19
Total Liabilities 12 10 15 13 14 15 15 16 52 55 55 64 66
4 4 3 3 4 4 4 4 8 8 9 10 10
CWIP 0 0 0 0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Investments -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
8 6 12 10 10 12 11 13 44 48 46 55 56
Total Assets 12 10 15 13 14 15 15 16 52 55 55 64 66

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0 1 0 -2 1 -1 1 1 -2 3 6 3
-0 -0 -0 0 -1 -0 -1 -0 -0 -0 -2 -2
-0 -1 -0 1 -1 1 -1 -1 1 -3 -4 -2
Net Cash Flow 0 0 -0 -0 -0 0 -0 -0 -0 0 1 -0

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 135 159 123 86 34 37 26 33 100 57 34 31
Inventory Days 216 130 127 103 123 113 146 184 219 167 168 126
Days Payable 188 181 176 39 37 19 20 62 126 95 80 71
Cash Conversion Cycle 163 109 74 150 121 130 152 155 193 128 122 85
Working Capital Days 160 79 89 142 97 114 118 130 192 133 113 78
ROCE % 4% -12% 18% 17% 17% 14% 15% 11% 17% 11% 13% 13%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
61.90% 61.90% 61.90% 61.90% 61.90% 61.90% 61.90% 61.90% 61.72% 61.26% 61.26% 61.16%
0.23% 0.23% 0.23% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24%
37.87% 37.87% 37.87% 37.87% 37.87% 37.86% 37.86% 37.87% 38.04% 38.51% 38.51% 38.61%
No. of Shareholders 10,39510,33610,28110,23310,16310,14010,09410,11110,15810,22110,19910,158

* 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

Announcements

Annual reports

Credit ratings