Clara Industries Ltd

Clara Industries Ltd

₹ 29.4 4.88%
26 Dec 3:21 p.m.
About

Incorporated in 2014, Clara Industries Ltd manufactures industrial packaging products

Key Points

Business Overview:[1]
Company manufactures LDPE, HDPE, PP, BOPP, Adhesive tapes and its related products and activities, and also plastic bags, industrial packaging self adhesive tapes, printing and plain multi layered flexible packaging, PP plastic mats, twine and ropes

  • Market Cap 60.8 Cr.
  • Current Price 29.4
  • High / Low 67.0 / 25.9
  • Stock P/E 19.1
  • Book Value 20.2
  • Dividend Yield 0.34 %
  • ROCE 22.0 %
  • ROE 16.9 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has high debtors of 237 days.
  • Working capital days have increased from 603 days to 967 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.

Peer comparison

Sector: Packaging Industry: Packaging

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Half Yearly Results

Figures in Rs. Crores

Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
3.62 5.22 6.16 4.21 8.47 3.13
2.39 2.42 3.35 1.66 4.58 1.86
Operating Profit 1.23 2.80 2.81 2.55 3.89 1.27
OPM % 33.98% 53.64% 45.62% 60.57% 45.93% 40.58%
0.22 0.00 -0.06 0.05 0.04 0.01
Interest 0.04 0.03 0.04 0.03 0.05 0.09
Depreciation 0.02 0.05 0.05 0.09 0.27 0.25
Profit before tax 1.39 2.72 2.66 2.48 3.61 0.94
Tax % 25.90% 25.37% 28.20% 27.42% 31.30% 24.47%
1.03 2.04 1.91 1.80 2.48 0.70
EPS in Rs 0.50 0.99 0.92 0.87 1.20 0.34
Raw PDF

Profit & Loss

Figures in Rs. Crores

Nov 2021 3m Mar 2022 7m Mar 2023 Mar 2024 TTM
0.63 3.65 11.38 12.68 11.60
0.20 2.40 5.77 6.23 6.44
Operating Profit 0.43 1.25 5.61 6.45 5.16
OPM % 68.25% 34.25% 49.30% 50.87% 44.48%
0.00 0.22 -0.06 0.00 0.05
Interest 0.02 0.04 0.07 0.08 0.14
Depreciation 0.00 0.02 0.10 0.36 0.52
Profit before tax 0.41 1.41 5.38 6.01 4.55
Tax % 26.83% 25.53% 26.77% 30.12%
0.30 1.05 3.95 4.20 3.18
EPS in Rs 0.20 0.51 1.91 2.03 1.54
Dividend Payout % 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 12%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -15%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -23%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 17%

Balance Sheet

Figures in Rs. Crores

Nov 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.25 2.48 2.48 4.13 20.67
Reserves 1.63 2.92 6.87 37.02 21.00
0.85 0.74 4.11 1.60 1.59
1.95 0.82 2.27 3.05 2.53
Total Liabilities 4.68 6.96 15.73 45.80 45.79
0.22 0.50 2.11 6.87 6.63
CWIP 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00
4.46 6.46 13.62 38.93 39.16
Total Assets 4.68 6.96 15.73 45.80 45.79

Cash Flows

Figures in Rs. Crores

Nov 2021 Mar 2022 Mar 2023 Mar 2024
-2.19 -4.05 -2.54 -18.81
-0.22 -0.52 -0.03 -5.13
2.42 5.04 3.31 25.03
Net Cash Flow 0.01 0.47 0.74 1.09

Ratios

Figures in Rs. Crores

Nov 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 590.95 261.00 232.54 237.19
Inventory Days 6,045.31 395.69 189.75 466.03
Days Payable 1,688.12 71.06 38.87 20.86
Cash Conversion Cycle 4,948.14 585.62 383.41 682.36
Working Capital Days 1,454.21 517.00 325.23 967.19
ROCE % 56.33% 21.99%

Shareholding Pattern

Numbers in percentages

3 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024
71.70% 71.70% 71.70% 71.70% 66.62% 51.14% 51.14% 50.94%
0.00% 0.00% 0.00% 0.00% 0.54% 3.33% 2.81% 2.67%
28.30% 28.30% 28.30% 28.30% 32.82% 45.54% 46.04% 46.38%
No. of Shareholders 898076861614794991,016

* 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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