Midland Polymers Ltd
Midland Polymers is engaged in manufactures monaxially oriented polypropylene films. The Company offers films for tear tapes, silicon-covered movies, convey handles, labels and names, organic product marks, and embellishing stars and bows.
- Market Cap ₹ Cr.
- Current Price ₹ 23.9
- High / Low ₹ /
- Stock P/E
- Book Value ₹ -0.14
- Dividend Yield 0.00 %
- ROCE -5.53 %
- ROE -7.44 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 5.66%
- Company has a low return on equity of -2.37% over last 3 years.
- Company has high debtors of 2,798 days.
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
0.29 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.36 | 0.00 | 0.00 | 0.00 | 0.06 | 0.06 | |
0.06 | 0.05 | 0.19 | 0.41 | 0.28 | 0.20 | 0.20 | 0.26 | 0.12 | 0.14 | 0.29 | 0.53 | 0.18 | |
Operating Profit | 0.23 | -0.05 | -0.19 | -0.41 | -0.28 | -0.20 | -0.20 | 0.10 | -0.12 | -0.14 | -0.29 | -0.47 | -0.12 |
OPM % | 79.31% | 27.78% | -783.33% | -200.00% | |||||||||
0.33 | 0.03 | 0.37 | 0.87 | 0.40 | 0.10 | 0.30 | 0.00 | 0.20 | 0.05 | 0.00 | 0.01 | 0.00 | |
Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Depreciation | 0.00 | 0.00 | 0.01 | 0.02 | 0.02 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Profit before tax | 0.56 | -0.02 | 0.17 | 0.44 | 0.10 | -0.11 | 0.09 | 0.07 | 0.08 | -0.09 | -0.29 | -0.46 | -0.12 |
Tax % | 0.00% | 0.00% | 17.65% | 11.36% | -60.00% | -9.09% | 11.11% | 0.00% | 25.00% | -11.11% | 0.00% | 0.00% | |
0.56 | -0.02 | 0.14 | 0.39 | 0.17 | -0.11 | 0.08 | 0.07 | 0.06 | -0.08 | -0.29 | -0.46 | -0.12 | |
EPS in Rs | 0.07 | -0.00 | 0.01 | 0.03 | 0.01 | -0.01 | 0.01 | 0.01 | 0.00 | -0.01 | -0.02 | -0.03 | -0.01 |
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 | |
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10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | % |
Compounded Profit Growth | |
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10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 83% |
Stock Price CAGR | |
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10 Years: | -4% |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -2% |
Last Year: | -7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3.93 | 3.93 | 6.79 | 13.59 | 13.59 | 13.59 | 13.59 | 13.59 | 13.59 | 13.59 | 13.59 | 0.67 | 0.67 |
Reserves | -1.96 | -1.98 | 6.88 | 0.48 | 0.65 | 0.54 | 0.62 | 0.90 | 0.96 | 0.88 | 0.60 | -2.50 | -2.62 |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.00 | 2.00 | 2.29 | 2.38 | |
0.01 | 0.01 | 0.15 | 3.58 | 2.41 | 2.55 | 2.56 | 2.56 | 2.98 | 0.89 | 0.41 | 0.02 | 0.00 | |
Total Liabilities | 1.98 | 1.96 | 13.82 | 17.65 | 16.65 | 16.68 | 16.77 | 17.05 | 17.53 | 17.36 | 16.60 | 0.48 | 0.43 |
0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
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 | 0.06 | 0.30 | 0.06 | 3.66 | 3.90 | 7.94 | 6.94 | 11.57 | 11.01 | 11.01 | 11.01 | 0.00 | 0.40 |
1.92 | 1.66 | 13.75 | 13.98 | 12.74 | 8.74 | 9.83 | 5.48 | 6.52 | 6.35 | 5.59 | 0.48 | 0.03 | |
Total Assets | 1.98 | 1.96 | 13.82 | 17.65 | 16.65 | 16.68 | 16.77 | 17.05 | 17.53 | 17.36 | 16.60 | 0.48 | 0.43 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.10 | -0.32 | -12.09 | 2.40 | -0.90 | 3.18 | -1.69 | 0.01 | 1.55 | ||||
0.00 | -0.23 | 0.60 | -2.39 | 0.92 | -3.21 | 1.65 | 0.00 | 11.00 | ||||
0.45 | 0.00 | 11.53 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -12.55 | ||||
Net Cash Flow | 0.55 | -0.55 | 0.04 | 0.01 | 0.02 | -0.04 | -0.04 | 0.01 | -0.01 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 62.93 | 0.00 | 2,798.33 | |||||||||
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 62.93 | 0.00 | 2,798.33 | |||||||||
Working Capital Days | 1,346.72 | 5,251.94 | 2,737.50 | |||||||||
ROCE % | 33.14% | -1.02% | 2.18% | 3.17% | 0.71% | 0.42% | 0.78% | 0.55% | -0.58% | -1.78% | -5.53% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Nov - Financials for the quarter ended 30-09-2024 in news papers
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Intimation For Appointment Of Internal Auditors
13 Nov - Approval of financial results and internal auditor appointment.
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Un-Audited Results For The Quarter And Half-Year Ended On 30-09-2024
13 Nov - Approval of financial results and internal auditor appointment.
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Board Meeting Outcome for Outcome Of Board Meeting Held On 13-11-2024
13 Nov - Board meeting outcome including financial results and auditor appointment.
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Board Meeting Intimation for Approval Of Un-Audited Financial Results Of The Company Along With Limited Review Report For The Quarter Ended On 30.09.2024
5 Nov - Board meeting scheduled for financial results on 13.11.2024.