Polyspin Exports Ltd
Incorporated in 1972, Polyspin Exports Ltd manufactures FIBC products and OE Yarns
- Market Cap ₹ 49.4 Cr.
- Current Price ₹ 49.4
- High / Low ₹ 70.6 / 42.2
- Stock P/E
- Book Value ₹ 51.4
- Dividend Yield 0.00 %
- ROCE -0.17 %
- ROE -4.72 %
- Face Value ₹ 5.00
Pros
- Stock is trading at 0.96 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -0.94% over past five years.
- Company has a low return on equity of 4.72% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.3.05 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
82 | 119 | 144 | 136 | 155 | 181 | 212 | 166 | 235 | 277 | 241 | 202 | |
76 | 109 | 132 | 125 | 143 | 165 | 195 | 156 | 218 | 260 | 237 | 203 | |
Operating Profit | 7 | 11 | 12 | 10 | 13 | 15 | 17 | 10 | 16 | 17 | 5 | -1 |
OPM % | 8% | 9% | 8% | 8% | 8% | 9% | 8% | 6% | 7% | 6% | 2% | -0% |
0 | 0 | 0 | 1 | 0 | 0 | 2 | 6 | 4 | 6 | 4 | 3 | |
Interest | 4 | 4 | 5 | 4 | 5 | 5 | 6 | 5 | 6 | 5 | 4 | 4 |
Depreciation | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 |
Profit before tax | 2 | 5 | 5 | 4 | 5 | 8 | 11 | 7 | 11 | 13 | 1 | -5 |
Tax % | 34% | 31% | 35% | 35% | 37% | 34% | 33% | 29% | 31% | 32% | 32% | 33% |
1 | 3 | 3 | 3 | 3 | 5 | 7 | 5 | 8 | 9 | 1 | -3 | |
EPS in Rs | 1.01 | 3.15 | 3.34 | 2.91 | 3.17 | 5.02 | 7.31 | 5.27 | 7.50 | 9.00 | 0.91 | -3.32 |
Dividend Payout % | 40% | 15% | 14% | 16% | 15% | 10% | 7% | 5% | 8% | 7% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | -1% |
3 Years: | -5% |
TTM: | -16% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -368% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 1% |
3 Years: | -12% |
1 Year: | -5% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 9% |
3 Years: | 5% |
Last Year: | -5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 |
Reserves | 6 | 8 | 11 | 14 | 17 | 22 | 29 | 34 | 41 | 49 | 48 | 46 |
38 | 43 | 37 | 50 | 49 | 53 | 61 | 61 | 79 | 78 | 70 | 75 | |
8 | 9 | 14 | 21 | 24 | 25 | 26 | 19 | 23 | 22 | 32 | 26 | |
Total Liabilities | 55 | 65 | 66 | 88 | 95 | 104 | 120 | 118 | 148 | 155 | 155 | 152 |
23 | 26 | 27 | 38 | 40 | 38 | 38 | 45 | 46 | 43 | 43 | 37 | |
CWIP | 2 | 0 | 0 | 2 | 0 | 0 | 7 | 2 | 0 | 0 | 7 | 16 |
Investments | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
29 | 38 | 39 | 48 | 54 | 65 | 75 | 70 | 101 | 110 | 105 | 99 | |
Total Assets | 55 | 65 | 66 | 88 | 95 | 104 | 120 | 118 | 148 | 155 | 155 | 152 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
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 | 10 | 0 | 4 | 3 | 15 | 11 | -9 | 13 | 11 | 8 | |
-7 | -5 | -3 | 0 | -3 | -2 | -15 | -10 | -1 | -0 | -8 | -8 | |
8 | 5 | -7 | 0 | -1 | -0 | 1 | -3 | 13 | -6 | -12 | 1 | |
Net Cash Flow | 1 | 1 | 1 | 0 | -0 | 0 | 1 | -2 | 2 | 6 | -9 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 33 | 46 | 35 | 38 | 42 | 50 | 36 | 53 | 40 | 53 | 49 | 53 |
Inventory Days | 72 | 61 | 56 | 84 | 84 | 84 | 76 | 94 | 123 | 64 | 119 | 117 |
Days Payable | 18 | 11 | 25 | 50 | 59 | 54 | 45 | 38 | 27 | 18 | 52 | 53 |
Cash Conversion Cycle | 87 | 96 | 66 | 71 | 67 | 79 | 68 | 109 | 136 | 100 | 116 | 117 |
Working Capital Days | 87 | 81 | 47 | 57 | 54 | 68 | 59 | 82 | 103 | 92 | 96 | 118 |
ROCE % | 12% | 17% | 19% | 15% | 15% | 17% | 20% | 13% | 15% | 14% | 4% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
1d - With Reference to the above, we hereby enclose the Certificate issued under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 by M/s.Integrated Registry Management …
- Closure of Trading Window 26 Jun
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 24 Jun
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Announcement under Regulation 30 (LODR)-Newspaper Publication
20 Jun - Copy of the Advertisement made in Business Line (English) and Dinamalar (Tamil) on today, the 20th june, 2024 in connection with notice to shareholders for …
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 7 Jun
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Financial Year 2008
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Business Divisions:[1]
Company has 2 divisions viz., FIBC division which produces products such as FIBC bags, PP woven bags and Spinning division which produces open-ended yarn through 2400 rotors. Company’s products are primarily used in fertilizers, building materials, chemical and cement industries