Command Polymers Ltd
₹ 44.0
-4.99%
24 Dec
- close price
About
Incorporated in 1998, Command Polymers
Ltd is in the business of manufacturing of
Plastic goods[1]
Key Points
- Market Cap ₹ 41.2 Cr.
- Current Price ₹ 44.0
- High / Low ₹ 46.3 / 21.6
- Stock P/E
- Book Value ₹ 16.1
- Dividend Yield 0.00 %
- ROCE -5.46 %
- ROE -12.2 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 50.8 to 26.9 days.
Cons
- Stock is trading at 2.73 times its book value
- Company has low interest coverage ratio.
- Promoter holding is low: 38.4%
- Company has a low return on equity of -3.25% over last 3 years.
- Working capital days have increased from 200 days to 347 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: Plastic products Industry: Plastics Products
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|
| 1.28 | 10.89 | 16.35 | 19.47 | 23.04 | 10.84 | 13.46 | |
| 0.72 | 10.23 | 15.43 | 18.02 | 21.56 | 11.53 | 13.98 | |
| Operating Profit | 0.56 | 0.66 | 0.92 | 1.45 | 1.48 | -0.69 | -0.52 |
| OPM % | 43.75% | 6.06% | 5.63% | 7.45% | 6.42% | -6.37% | -3.86% |
| 0.00 | 0.00 | 0.02 | 0.01 | 0.16 | -0.05 | 0.03 | |
| Interest | 0.27 | 0.26 | 0.34 | 0.74 | 0.57 | 0.75 | 0.73 |
| Depreciation | 0.26 | 0.28 | 0.33 | 0.37 | 0.45 | 0.71 | 0.81 |
| Profit before tax | 0.03 | 0.12 | 0.27 | 0.35 | 0.62 | -2.20 | -2.03 |
| Tax % | 0.00% | 25.00% | 25.93% | -8.57% | 30.65% | -8.18% | |
| 0.03 | 0.09 | 0.20 | 0.38 | 0.42 | -2.02 | -2.52 | |
| EPS in Rs | 0.04 | 0.13 | 0.29 | 0.56 | 0.45 | -2.15 | -2.69 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 53% |
| 3 Years: | -13% |
| TTM: | -51% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -1160% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 56% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | -2% |
| 3 Years: | -3% |
| Last Year: | -12% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 6.84 | 6.84 | 6.84 | 6.84 | 9.38 | 9.38 | 9.38 |
| Reserves | 2.28 | 2.37 | 2.48 | 2.86 | 7.74 | 5.73 | 5.72 |
| 2.51 | 2.38 | 5.14 | 6.85 | 7.92 | 10.76 | 9.79 | |
| 6.64 | 4.81 | 8.07 | 2.34 | 1.56 | 1.39 | 1.81 | |
| Total Liabilities | 18.27 | 16.40 | 22.53 | 18.89 | 26.60 | 27.26 | 26.70 |
| 3.75 | 4.26 | 5.64 | 7.10 | 12.69 | 12.33 | 12.44 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.18 | 0.49 | 0.00 |
| Investments | 4.78 | 4.78 | 3.78 | 0.00 | 0.00 | 1.69 | 1.69 |
| 9.74 | 7.36 | 13.11 | 11.79 | 13.73 | 12.75 | 12.57 | |
| Total Assets | 18.27 | 16.40 | 22.53 | 18.89 | 26.60 | 27.26 | 26.70 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 0.01 | 1.12 | -1.76 | -3.67 | 5.85 | -5.09 | |
| -0.05 | -0.79 | -0.69 | 1.97 | -6.26 | -3.96 | |
| 0.00 | -0.39 | 2.43 | 1.71 | 7.62 | 2.13 | |
| Net Cash Flow | -0.03 | -0.05 | -0.03 | 0.01 | 7.21 | -6.92 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 2,537.89 | 131.39 | 118.54 | 110.42 | 15.21 | 26.94 |
| Inventory Days | 189.80 | 58.06 | 140.70 | 82.83 | 63.30 | 259.36 |
| Days Payable | 4,504.10 | 157.91 | 167.68 | 34.93 | 13.25 | 30.81 |
| Cash Conversion Cycle | -1,776.41 | 31.54 | 91.57 | 158.32 | 65.26 | 255.49 |
| Working Capital Days | 983.79 | 99.55 | 123.45 | 185.41 | 68.60 | 346.82 |
| ROCE % | 3.27% | 4.68% | 7.03% | 4.95% | -5.46% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors
18 Nov - Resignation of statutory auditors M/s. V.N.PUROHIT & CO.
-
Non-Applicability Of Regulation 23(9) Of The SEBI ((Listing Obligation And Disclosure Requirements) Regulation, 2015 For The First Half Year Ended On 30Th September, 2024.
14 Nov - Non-applicability of Regulation 23(9) for half year results.
- Outcome Of Board Meeting Held On 14Th November, 2024. 14 Nov
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 14Th November, 2024.
14 Nov - Approved unaudited financial results for H1 2024.
-
Board Meeting Intimation for Notice Of Board Meeting To Be Held On 14Th November, 2024.
6 Nov - Board meeting on November 14 to approve financial results.
Business Overview:[1]
CPL is in the business of manufacturing, producing, buying, selling, exchange, work, alter, improve, import, export, and deal in all
types of plastic goods, boots, shoes, clogs, all kind of footwear, made with leather, plastic, rubber. Other products include, laces, buckles, leggings, boot polishes, purses, bags, boxes, belts, accessories, and fittings.