Stanpacks (India) Ltd

Stanpacks (India) Ltd

₹ 14.5 1.75%
26 Dec 4:01 p.m.
About

Incorporated in 1991, Stanpacks (India) Ltd (a unit of BLISS Group of companies) manufactures Polypropylene (PP) Bags.

Key Points

Product Profile:[1]
a) PP Woven sacks (Unlaminated, Laminated)
b) PP Kraft Paper Sacks
c) Boppack Sacks – Multi colour printed PP Woven sacks
d) PP Woven sacks
e) Stanfab Sacks - Non woven laminated PP Woven Sacks
f) Hesain Laminated bags
g) PP Woven Fabric
All these are available in HM / LD Liner, Paper liner, Foil Liner. Company offers customized bags Sizes, Color, Printing on bags as per requirements of client.

  • Market Cap 8.84 Cr.
  • Current Price 14.5
  • High / Low 18.0 / 9.06
  • Stock P/E 16.1
  • Book Value 11.5
  • Dividend Yield 0.00 %
  • ROCE 4.35 %
  • ROE 3.70 %
  • Face Value 10.0

Pros

  • Company has reduced debt.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -2.77% over past five years.
  • Promoter holding is low: 31.9%
  • Company has a low return on equity of -11.0% over last 3 years.
  • Promoter holding has decreased over last 3 years: -3.55%

* 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

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
7.66 9.58 10.69 8.46 7.15 6.73 6.60 7.89 7.39 5.74 6.37 7.59 7.33
7.10 8.99 11.09 8.54 7.98 6.37 6.24 7.73 7.00 5.57 6.03 7.17 7.01
Operating Profit 0.56 0.59 -0.40 -0.08 -0.83 0.36 0.36 0.16 0.39 0.17 0.34 0.42 0.32
OPM % 7.31% 6.16% -3.74% -0.95% -11.61% 5.35% 5.45% 2.03% 5.28% 2.96% 5.34% 5.53% 4.37%
0.00 0.00 9.05 0.01 0.00 0.00 0.00 0.00 0.00 0.01 0.03 0.00 0.02
Interest 0.46 0.48 0.45 0.27 0.28 0.25 0.25 0.28 0.27 0.24 0.22 0.22 0.21
Depreciation 0.08 0.08 0.08 0.08 0.08 0.09 0.09 0.09 0.09 0.10 0.10 0.10 0.09
Profit before tax 0.02 0.03 8.12 -0.42 -1.19 0.02 0.02 -0.21 0.03 -0.16 0.05 0.10 0.04
Tax % 0.00% 0.00% 19.21% 0.00% 0.00% 0.00% 350.00% 0.00% 0.00% 0.00% -1,080.00% 0.00% 0.00%
0.02 0.02 6.57 -0.43 -1.19 0.02 -0.05 -0.20 0.04 -0.16 0.59 0.09 0.03
EPS in Rs 0.03 0.03 10.78 -0.71 -1.95 0.03 -0.08 -0.33 0.07 -0.26 0.97 0.15 0.05
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
20.43 29.68 30.48 23.95 27.02 29.23 31.49 23.38 25.69 34.01 28.93 27.37 27.03
18.63 27.63 26.97 20.37 24.34 26.02 28.83 21.06 24.32 32.39 29.06 26.29 25.78
Operating Profit 1.80 2.05 3.51 3.58 2.68 3.21 2.66 2.32 1.37 1.62 -0.13 1.08 1.25
OPM % 8.81% 6.91% 11.52% 14.95% 9.92% 10.98% 8.45% 9.92% 5.33% 4.76% -0.45% 3.95% 4.62%
-1.28 -0.03 -0.12 0.14 0.88 0.11 0.14 0.19 0.05 8.97 0.01 0.04 0.06
Interest 2.30 2.34 2.34 2.73 2.54 2.17 1.92 1.88 1.96 1.95 1.12 1.02 0.89
Depreciation 0.80 0.71 1.11 0.61 0.71 0.68 0.62 0.58 0.57 0.39 0.35 0.37 0.39
Profit before tax -2.58 -1.03 -0.06 0.38 0.31 0.47 0.26 0.05 -1.11 8.25 -1.59 -0.27 0.03
Tax % 0.00% 0.00% 0.00% 0.00% 41.94% 10.64% 46.15% -40.00% 21.62% 18.91% 4.40% -200.00%
-2.58 -1.03 -0.06 0.38 0.18 0.42 0.14 0.07 -1.35 6.70 -1.66 0.27 0.55
EPS in Rs -4.23 -1.69 -0.10 0.62 0.30 0.69 0.23 0.11 -2.21 10.99 -2.72 0.44 0.91
Dividend Payout % 0.00% 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: -1%
5 Years: -3%
3 Years: 2%
TTM: -6%
Compounded Profit Growth
10 Years: 9%
5 Years: 11%
3 Years: 30%
TTM: 389%
Stock Price CAGR
10 Years: 14%
5 Years: 21%
3 Years: 37%
1 Year: 57%
Return on Equity
10 Years: -6%
5 Years: -14%
3 Years: -11%
Last Year: 4%

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 6.10 6.10 6.10 6.10 6.10 6.10 6.10 6.10 6.10 6.10 6.10 6.10 6.10
Reserves -3.29 -4.32 -4.80 -4.43 -3.66 -3.38 -3.25 -3.17 -4.52 2.19 0.53 0.79 0.92
14.76 16.61 16.85 15.53 15.35 15.58 15.11 14.27 16.25 9.26 11.09 8.92 7.75
7.50 13.71 6.70 6.32 7.64 4.60 3.24 4.34 4.78 4.29 2.52 1.23 1.97
Total Liabilities 25.07 32.10 24.85 23.52 25.43 22.90 21.20 21.54 22.61 21.84 20.24 17.04 16.74
6.73 5.90 4.55 4.39 4.13 3.47 3.01 2.63 3.18 2.95 2.92 3.00 3.09
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 0.00 0.00 0.00 0.00 0.04 0.06 0.06 0.10
18.34 26.20 20.30 19.13 21.30 19.43 18.19 18.91 19.43 18.85 17.26 13.98 13.55
Total Assets 25.07 32.10 24.85 23.52 25.43 22.90 21.20 21.54 22.61 21.84 20.24 17.04 16.74

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
0.06 -1.87 -0.06 1.76 3.05 2.54 1.76 2.78 0.98 -0.14 -0.45 3.67
0.14 0.02 -0.18 -0.45 -0.43 -0.01 -0.07 -0.10 -1.08 8.99 -0.32 -0.41
-0.20 1.85 0.25 -1.33 -2.58 -2.57 -1.70 -2.67 0.11 -8.86 0.77 -3.26
Net Cash Flow 0.00 0.00 0.01 -0.02 0.04 -0.04 -0.01 0.01 0.01 -0.02 0.00 0.00

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 58.42 104.90 45.15 37.64 64.17 56.82 45.90 47.62 54.56 38.21 56.27 42.67
Inventory Days 358.19 238.19 226.89 338.81 300.22 328.91 265.71 361.67 287.34 215.23 208.52 179.42
Days Payable 136.02 172.21 64.35 87.53 109.01 85.49 38.78 69.77 64.28 41.22 22.30 0.19
Cash Conversion Cycle 280.58 170.88 207.69 288.92 255.38 300.24 272.83 339.51 277.61 212.21 242.49 221.90
Working Capital Days 173.48 134.66 143.70 170.84 157.37 157.84 157.64 209.20 204.17 154.97 183.82 157.50
ROCE % 5.43% 7.90% 13.14% 17.54% 16.23% 14.63% 12.08% 10.98% 4.85% 7.01% -2.67% 4.35%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
35.45% 35.45% 35.45% 35.32% 32.01% 32.01% 32.01% 32.01% 32.01% 32.02% 31.96% 31.90%
1.44% 1.44% 1.44% 1.44% 1.44% 1.44% 1.44% 1.44% 1.44% 1.44% 1.44% 1.44%
63.11% 63.11% 63.11% 63.24% 66.55% 66.55% 66.55% 66.55% 66.55% 66.55% 66.60% 66.66%
No. of Shareholders 2,3052,2892,2772,4592,5992,6092,6212,6012,5702,6462,6782,771

* 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.

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