Bulkcorp International Ltd

Bulkcorp International Ltd

₹ 96.5 -6.22%
21 Nov - close price
About

Founded in 2009, Bulkcorp International Limited produces and distributes Food-Grade Flexible Intermediate Bulk Container (FIBC) bags.[1]

Key Points

Business Profile[1] The company provides a variety of customizable packaging solutions, such as 8 variations of FIBC bags (Jumbo Bags) and container liners.

  • Market Cap 72.5 Cr.
  • Current Price 96.5
  • High / Low 145 / 96.0
  • Stock P/E 20.4
  • Book Value 38.5
  • Dividend Yield 0.00 %
  • ROCE 41.5 %
  • ROE 50.4 %
  • Face Value 10.0

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 46.5%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Debtor days have increased from 66.8 to 86.0 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

Sep 2023 Sep 2024
17.60 26.15
16.33 23.60
Operating Profit 1.27 2.55
OPM % 7.22% 9.75%
0.65 0.34
Interest 0.17 0.41
Depreciation 0.30 0.39
Profit before tax 1.45 2.09
Tax % 25.52% 33.49%
1.07 1.39
EPS in Rs 5.91 1.85
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
31.39 48.42 38.47 45.18
29.49 45.71 36.05 40.49
Operating Profit 1.90 2.71 2.42 4.69
OPM % 6.05% 5.60% 6.29% 10.38%
0.38 0.77 0.49 1.32
Interest 0.44 0.69 0.61 0.58
Depreciation 0.50 0.54 0.58 0.64
Profit before tax 1.34 2.25 1.72 4.79
Tax % 52.99% 23.56% 29.07% 25.89%
0.64 1.73 1.21 3.56
EPS in Rs 3.54 9.56 6.69 6.43
Dividend Payout % 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 13%
TTM: 17%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 77%
TTM: 194%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 47%
Last Year: 50%

Balance Sheet

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 1.81 1.81 1.81 5.54 7.51
Reserves 0.07 1.76 2.97 3.81 21.41
6.49 8.89 5.42 6.35 5.39
11.39 9.31 7.45 16.66 4.42
Total Liabilities 19.76 21.77 17.65 32.36 38.73
5.97 5.73 5.63 5.70 7.86
CWIP 0.00 0.07 0.00 1.78 0.09
Investments 0.00 0.00 0.00 0.00 0.00
13.79 15.97 12.02 24.88 30.78
Total Assets 19.76 21.77 17.65 32.36 38.73

Cash Flows

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.03 -1.22 3.70 1.23
-0.18 -0.49 -0.41 -2.54
0.04 1.72 -4.08 1.34
Net Cash Flow -0.12 0.01 -0.79 0.03

Ratios

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 61.28 58.50 55.98 85.96
Inventory Days 96.94 56.61 64.61 118.26
Days Payable 187.25 84.91 89.99 168.59
Cash Conversion Cycle -29.04 30.19 30.60 35.62
Working Capital Days 17.21 44.48 44.31 66.89
ROCE % 28.23% 20.56% 41.47%

Shareholding Pattern

Numbers in percentages

4 Recently
Sep 2024
72.26%
0.96%
6.88%
19.90%
No. of Shareholders 680

* 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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