Ashish Polyplast Ltd

Ashish Polyplast Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Ashish Polyplast Ltd

₹ 47.0 0.82%
05 Feb - close price
ashishpolyplast.com BSE: 530429
About

Established in 1994, Ashish Polyplast Limited manufactures and exports Premium Braided Hoses and Flexible PVC Hoses. The company offers Premium Braided Hose under the brand name of REAL ON which is the industrial high pressure nylon, reinforced flexible hose.

Key Points

Product Portfolio:[1]
a) Air & Pneumatic Hose Pipe (Transparent)
b) Water Hose Pipe (Green)
c) Welding Hose Pipe (Red & Blue)
d) Thermoplast Welding Hose Pipe (Red & Blue)
e) Car Washing Hose Pipe (Black)
f) Super Spray Hose Pipe (Yellow)
g) Pvc Medium-Duty Suction & Delivery Hose Pipe (Green)
h) Pvc Heavy-Duty Suction & Delivery Hose Pipe (Grey)
i) Pvc Flexible Oil Hose Pipe (Blue )
j) Pvc Flexible Duct Hose Pipe (Grey/Transparent)
k) Pvc Flexible Non-Toxic Hose Pipe (Transparent)

Website BSE
  • Market Cap ₹ 16.0 Cr.
  • Current Price ₹ 47.0
  • High / Low ₹ 95.4 / 23.8
  • Stock P/E 14.7
  • Book Value ₹ 20.9
  • Dividend Yield 0.00 %
  • ROCE 5.18 %
  • ROE 3.47 %
  • Face Value ₹ 10.0
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Pros

  • Company's working capital requirements have reduced from 58.1 days to 39.1 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 2.72% over past five years.
  • Company has a low return on equity of 3.31% over last 3 years.
  • Earnings include an other income of Rs.1.15 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: Plastic products Industry: Plastics Products

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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
4.49 4.20 4.44 4.37 3.77 4.09 3.80 4.02 4.02 3.92 3.98 4.39 3.49
4.34 4.03 4.26 4.27 3.65 3.95 3.69 3.87 3.87 3.80 3.92 4.20 3.26
Operating Profit 0.15 0.17 0.18 0.10 0.12 0.14 0.11 0.15 0.15 0.12 0.06 0.19 0.23
OPM % 3.34% 4.05% 4.05% 2.29% 3.18% 3.42% 2.89% 3.73% 3.73% 3.06% 1.51% 4.33% 6.59%
0.09 0.04 -0.02 0.00 0.12 0.02 0.03 0.20 0.13 0.40 0.15 0.34 0.26
Interest 0.03 0.03 0.03 0.03 0.02 0.02 0.04 0.03 0.03 0.02 0.03 0.01 0.01
Depreciation 0.06 0.06 0.06 0.06 0.06 0.07 0.07 0.07 0.07 0.07 0.07 0.07 0.07
Profit before tax 0.15 0.12 0.07 0.01 0.16 0.07 0.03 0.25 0.18 0.43 0.11 0.45 0.41
Tax % 13.33% 25.00% 114.29% 200.00% 12.50% 14.29% 66.67% 16.00% 16.67% 6.98% 36.36% 26.67% 29.27%
0.13 0.09 -0.01 -0.01 0.14 0.05 0.01 0.22 0.15 0.40 0.07 0.33 0.29
EPS in Rs 0.38 0.26 -0.03 -0.03 0.41 0.15 0.03 0.65 0.44 1.18 0.21 0.97 0.85
Raw PDF
Upcoming result date: 11 February 2025

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
9.15 8.89 10.50 11.01 12.22 12.82 13.95 12.73 12.71 16.24 16.03 15.95 15.78
8.51 8.39 10.00 10.47 11.64 12.27 13.35 12.29 12.27 15.63 15.43 15.32 15.18
Operating Profit 0.64 0.50 0.50 0.54 0.58 0.55 0.60 0.44 0.44 0.61 0.60 0.63 0.60
OPM % 6.99% 5.62% 4.76% 4.90% 4.75% 4.29% 4.30% 3.46% 3.46% 3.76% 3.74% 3.95% 3.80%
0.00 0.01 0.05 0.00 0.03 0.04 -0.07 0.02 0.24 0.21 0.03 0.74 1.15
Interest 0.16 0.22 0.23 0.19 0.18 0.15 0.12 0.10 0.04 0.11 0.11 0.11 0.07
Depreciation 0.16 0.18 0.17 0.17 0.19 0.19 0.20 0.21 0.21 0.23 0.26 0.28 0.28
Profit before tax 0.32 0.11 0.15 0.18 0.24 0.25 0.21 0.15 0.43 0.48 0.26 0.98 1.40
Tax % 53.12% -36.36% 20.00% 44.44% 29.17% 12.00% 52.38% 0.00% 23.26% 35.42% 26.92% 14.29%
0.15 0.16 0.12 0.10 0.17 0.22 0.11 0.15 0.33 0.32 0.19 0.84 1.09
EPS in Rs 0.44 0.47 0.35 0.29 0.50 0.65 0.32 0.44 0.97 0.94 0.56 2.47 3.21
Dividend Payout % 37.40% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 6%
5 Years: 3%
3 Years: 8%
TTM: -1%
Compounded Profit Growth
10 Years: 3%
5 Years: 7%
3 Years: 14%
TTM: 153%
Stock Price CAGR
10 Years: 19%
5 Years: 59%
3 Years: 41%
1 Year: 94%
Return on Equity
10 Years: 3%
5 Years: 3%
3 Years: 3%
Last Year: 3%

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 3.40 3.40 3.40 3.40 3.40 3.40 3.40 3.40 3.40 3.40 3.40 3.40 3.40
Reserves 0.95 1.14 1.21 1.31 0.94 1.16 1.27 1.44 1.76 2.06 2.23 3.08 3.70
1.77 2.01 1.73 1.07 1.63 1.51 0.99 0.71 0.39 1.01 1.48 0.31 1.33
1.36 0.90 1.17 1.76 1.60 1.25 1.19 1.14 1.00 1.03 0.87 1.43 1.88
Total Liabilities 7.48 7.45 7.51 7.54 7.57 7.32 6.85 6.69 6.55 7.50 7.98 8.22 10.31
2.01 1.99 1.81 1.85 1.83 1.74 2.02 1.95 1.74 2.15 2.62 2.42 2.37
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.34 0.41 0.59 0.94 1.26 1.38 2.07 3.46
5.47 5.46 5.70 5.69 5.74 5.24 4.42 4.15 3.87 4.09 3.98 3.73 4.48
Total Assets 7.48 7.45 7.51 7.54 7.57 7.32 6.85 6.69 6.55 7.50 7.98 8.22 10.31

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
-0.13 0.28 0.17 1.15 -0.20 0.62 1.14 0.72 0.45 0.28 0.73 1.72
-0.34 -0.12 -0.05 -0.22 -0.14 -0.40 -0.52 -0.33 -0.12 -0.75 -0.82 -0.05
0.59 -0.03 -0.43 -0.85 0.31 -0.30 -0.62 -0.37 -0.30 0.51 0.35 -1.28
Net Cash Flow 0.12 0.13 -0.31 0.08 -0.02 -0.08 -0.01 0.02 0.03 0.05 0.26 0.39

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 81.38 69.39 69.18 59.01 65.71 64.06 53.38 54.76 38.77 34.16 31.88 28.83
Inventory Days 103.52 117.68 110.04 109.10 92.14 86.62 68.13 65.29 68.83 60.92 55.55 41.80
Days Payable 37.91 15.46 26.16 45.23 26.33 22.15 18.86 18.61 17.54 11.01 13.10 23.96
Cash Conversion Cycle 146.99 171.61 153.06 122.88 131.53 128.53 102.65 101.45 90.06 84.07 74.33 46.67
Working Capital Days 123.26 146.99 138.00 109.07 102.45 108.48 85.56 82.86 76.68 69.67 65.58 39.13
ROCE % 8.45% 5.21% 5.90% 6.27% 7.15% 6.64% 6.99% 4.46% 4.32% 6.49% 5.45% 5.18%

Shareholding Pattern

Numbers in percentages

Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
62.09% 62.09% 62.09% 62.09% 62.09% 62.09% 62.09% 62.09% 62.09% 62.09% 62.09% 62.09%
37.91% 37.91% 37.92% 37.92% 37.90% 37.90% 37.91% 37.91% 37.91% 37.91% 37.91% 37.91%
No. of Shareholders 1,6791,9191,8861,8651,8641,8801,9291,9572,0172,4642,8152,885

Documents

Announcements

Annual reports