Nahar Polyfilms Ltd

Nahar Polyfilms Ltd

₹ 284 -1.82%
04 Dec 2:12 p.m.
About

Incorporated in 1988, Nahar Poly Films
Ltd manufactures transparent & metalized Flexible Packaging Films[1]

Key Points

Business Overview:[1]
NPFL manufactures BOPP films of varied grades and thicknesses that find application in laminations,reverse printing, packaging, decoration, tapes and textile bags. It caters to 200+ customers in India.

  • Market Cap 697 Cr.
  • Current Price 284
  • High / Low 372 / 167
  • Stock P/E 121
  • Book Value 210
  • Dividend Yield 0.34 %
  • ROCE -0.34 %
  • ROE -2.32 %
  • Face Value 5.00

Pros

  • Company has reduced debt.
  • Company's working capital requirements have reduced from 51.7 days to 38.1 days

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 7.24% over last 3 years.
  • Earnings include an other income of Rs.14.0 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.

Peer comparison

Sector: Packaging Industry: Packaging

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
104 104 175 224 190 160 149 156 137 154 153 168 169
83 77 125 181 175 148 137 153 121 154 151 153 146
Operating Profit 22 26 50 43 16 11 12 3 16 -0 2 15 23
OPM % 21% 25% 29% 19% 8% 7% 8% 2% 12% -0% 1% 9% 13%
3 3 0 0 4 1 1 2 4 2 4 2 7
Interest 0 0 2 3 2 4 3 3 3 3 3 3 3
Depreciation 0 0 5 8 8 8 8 8 8 8 8 8 8
Profit before tax 25 28 43 32 9 0 1 -6 9 -9 -5 6 18
Tax % 23% 24% 25% 25% 18% 2,225% 24% 2% 7% -5% -61% 29% 31%
19 21 32 24 7 -1 1 -6 8 -9 -2 4 13
EPS in Rs 7.67 8.74 13.08 9.88 2.99 -0.34 0.46 -2.38 3.39 -3.64 -0.83 1.62 5.18
Raw PDF

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 TTM
211 296 302 260 255 252 266 277 303 489 723 600 643
193 269 262 215 223 232 252 235 238 370 642 579 604
Operating Profit 18 27 39 45 31 20 14 42 66 119 82 21 39
OPM % 9% 9% 13% 17% 12% 8% 5% 15% 22% 24% 11% 4% 6%
2 2 3 3 3 4 2 5 5 6 6 12 14
Interest 16 14 13 8 5 3 1 0 0 3 12 12 11
Depreciation 15 14 22 22 22 14 2 2 2 6 32 32 32
Profit before tax -10 0 8 18 8 7 13 45 69 116 43 -11 9
Tax % -36% 0% 40% 34% -22% 29% 30% 26% 25% 25% 26% -26%
-7 0 5 12 10 5 9 33 51 88 32 -8 6
EPS in Rs -2.72 0.12 1.85 4.74 4.09 2.07 3.71 13.38 20.92 35.66 12.99 -3.45 2.33
Dividend Payout % 0% 0% 0% 11% 13% 25% 14% 8% 7% 7% 12% -30%
Compounded Sales Growth
10 Years: 7%
5 Years: 18%
3 Years: 26%
TTM: 7%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 106%
Stock Price CAGR
10 Years: 24%
5 Years: 53%
3 Years: 7%
1 Year: 24%
Return on Equity
10 Years: 8%
5 Years: 10%
3 Years: 7%
Last Year: -2%

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 Sep 2024
Equity Capital 13 13 13 13 13 13 13 13 13 13 13 13 13
Reserves 132 132 136 146 221 180 183 164 269 620 467 473 504
130 120 91 45 30 22 0 4 58 173 163 126 111
8 10 9 15 9 8 11 10 69 58 36 34 51
Total Liabilities 282 275 249 219 272 222 206 190 409 863 680 645 678
123 107 89 67 45 32 31 29 28 293 269 237 224
CWIP 0 1 0 0 0 0 0 21 172 2 0 0 1
Investments 96 96 96 99 165 123 125 65 122 434 268 309 324
63 71 63 53 62 67 50 75 87 135 142 98 130
Total Assets 282 275 249 219 272 222 206 190 409 863 680 645 678

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
34 26 28 24 23 22 17 40 94 -24 110 17
-1 1 -0 -0 1 -0 -5 -40 -136 -92 -37 -11
-33 -27 -28 -24 -23 -22 -11 -1 42 115 -41 -38
Net Cash Flow -0 -1 0 -0 0 0 1 -1 1 -0 32 -33

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 46 39 38 39 47 48 29 12 14 21 13 15
Inventory Days 43 28 16 16 30 30 30 37 40 75 34 35
Days Payable 10 8 7 7 12 10 11 11 118 11 8 9
Cash Conversion Cycle 79 59 47 48 64 68 48 39 -65 86 40 42
Working Capital Days 61 49 43 31 44 64 46 81 16 78 39 38
ROCE % 2% 5% 8% 12% 5% 4% 7% 24% 26% 21% 8% -0%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
70.39% 70.54% 70.65% 70.65% 70.72% 70.85% 70.85% 71.05% 71.08% 71.48% 71.88% 71.88%
0.27% 0.24% 0.29% 0.19% 0.17% 0.06% 0.06% 0.06% 0.07% 0.06% 0.11% 0.03%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
29.33% 29.21% 29.05% 29.15% 29.12% 29.07% 29.08% 28.87% 28.84% 28.45% 27.98% 28.08%
No. of Shareholders 22,79723,97224,79426,23326,70526,55826,21725,61724,33824,21322,67222,764

* 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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