Prima Plastics Ltd

Prima Plastics Ltd

₹ 147 0.14%
22 Nov 4:00 p.m.
About

Incorporated in 1993, Prima Plastics Ltd manufactures and sells Plastic Articles and related products[1]

Key Points

Business Overview:[1]
PPL is a manufacturer & exporters of Plastic Products. It is certified with ISO 9001, ISO 14001 and OHSAS 18001 and is titled as One Star Export House by Ministry of commerce and industry DGFT Govt. Of India. Company
is one of the largest supplier of Waste Management Products under the Swachh Bharat Abhiyan to various municipal bodies in India

  • Market Cap 162 Cr.
  • Current Price 147
  • High / Low 254 / 140
  • Stock P/E 8.04
  • Book Value 147
  • Dividend Yield 1.36 %
  • ROCE 17.0 %
  • ROE 15.0 %
  • Face Value 10.0

Pros

  • Stock is trading at 1.00 times its book value

Cons

  • Company has a low return on equity of 12.0% over last 3 years.
  • Earnings include an other income of Rs.9.80 Cr.
  • Dividend payout has been low at 9.34% of profits 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
34.35 43.95 45.88 32.74 47.71 56.89 54.39 40.63 46.66 46.12 50.73 40.96 43.60
32.01 40.11 42.36 31.78 42.02 49.07 43.70 34.68 39.87 38.35 40.89 36.20 39.99
Operating Profit 2.34 3.84 3.52 0.96 5.69 7.82 10.69 5.95 6.79 7.77 9.84 4.76 3.61
OPM % 6.81% 8.74% 7.67% 2.93% 11.93% 13.75% 19.65% 14.64% 14.55% 16.85% 19.40% 11.62% 8.28%
2.23 1.64 1.17 1.67 1.33 2.22 1.22 1.16 2.06 3.18 2.02 2.34 2.26
Interest 0.47 0.76 0.84 0.84 1.16 1.23 1.33 0.93 0.96 0.88 0.93 0.85 0.94
Depreciation 1.32 1.35 1.25 1.34 1.39 1.95 2.62 1.77 1.64 1.62 1.63 1.62 1.64
Profit before tax 2.78 3.37 2.60 0.45 4.47 6.86 7.96 4.41 6.25 8.45 9.30 4.63 3.29
Tax % 3.96% 14.84% 27.69% 84.44% -5.82% 21.57% 16.83% 17.23% 15.52% 15.38% 21.72% 13.39% 9.12%
2.67 2.86 1.88 0.08 4.73 5.38 6.61 3.65 5.28 7.14 7.27 4.01 2.99
EPS in Rs 2.38 2.51 1.61 -0.02 4.15 4.73 5.61 3.06 4.43 6.13 6.19 3.42 2.55
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
85 100 115 125 84 102 133 127 119 148 192 184 181
79 86 102 105 75 93 122 114 104 137 166 154 155
Operating Profit 6 14 14 20 9 9 11 13 15 11 25 30 26
OPM % 7% 14% 12% 16% 10% 9% 8% 10% 12% 7% 13% 16% 14%
4 1 1 1 7 7 7 6 10 8 6 8 10
Interest 1 1 1 0 1 1 3 2 1 2 5 4 4
Depreciation 3 3 3 3 1 3 4 5 5 5 7 7 7
Profit before tax 6 10 10 17 14 12 12 12 18 11 20 28 26
Tax % 21% 24% 36% 29% 27% 24% 17% 13% 16% 14% 15% 18%
5 8 7 12 10 9 10 10 15 9 17 23 21
EPS in Rs 4.62 6.91 6.09 11.16 9.52 8.64 8.63 9.19 13.63 7.88 14.48 19.82 18.29
Dividend Payout % 22% 14% 25% 18% 21% 23% 12% 11% 11% 0% 10% 18%
Compounded Sales Growth
10 Years: 6%
5 Years: 7%
3 Years: 16%
TTM: -9%
Compounded Profit Growth
10 Years: 11%
5 Years: 18%
3 Years: 13%
TTM: 3%
Stock Price CAGR
10 Years: 13%
5 Years: 22%
3 Years: 13%
1 Year: -16%
Return on Equity
10 Years: 13%
5 Years: 12%
3 Years: 12%
Last Year: 15%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 11 11 11 11 11 11 11 11 11 11 11 11 11
Reserves 35 42 45 54 65 71 78 86 101 108 125 143 150
8 11 4 1 5 30 32 21 25 54 46 36 41
14 11 13 15 8 8 11 13 12 16 27 24 27
Total Liabilities 68 75 72 81 88 120 132 131 149 189 208 214 230
20 20 18 19 20 32 30 29 29 30 55 52 51
CWIP 0 0 0 2 5 0 0 0 3 16 0 1 1
Investments 1 1 1 0 18 22 25 31 37 45 48 52 56
47 54 53 59 46 67 77 71 79 98 104 109 122
Total Assets 68 75 72 81 88 120 132 131 149 189 208 214 230

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
4 2 13 14 10 -9 10 15 7 -3 37 27
2 -2 -1 -5 -14 -14 -4 -1 -7 -17 -15 -4
-7 1 -10 -6 4 20 -3 -17 -1 21 -22 -15
Net Cash Flow -1 1 2 3 1 -3 3 -3 -0 2 0 9

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 64 71 53 53 61 87 79 68 70 104 65 68
Inventory Days 125 132 101 97 118 144 116 133 165 116 117 112
Days Payable 58 27 12 24 12 17 21 26 29 33 39 24
Cash Conversion Cycle 132 177 142 125 166 214 174 176 207 186 143 157
Working Capital Days 119 134 103 96 137 187 155 149 191 185 141 148
ROCE % 14% 19% 19% 28% 20% 14% 12% 12% 15% 8% 14% 17%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
58.42% 58.41% 58.40% 58.36% 58.33% 58.33% 58.33% 58.30% 58.28% 58.28% 58.27% 58.27%
41.58% 41.59% 41.60% 41.66% 41.66% 41.66% 41.67% 41.69% 41.72% 41.72% 41.74% 41.73%
No. of Shareholders 7,8587,9348,3088,0417,6247,2057,9577,7727,7819,5449,4738,959

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