Polysil Irrigation Systems Ltd

Polysil Irrigation Systems Ltd

₹ 27.5 0.00%
22 Nov - close price
About

Incorporation in 1985, Polysil Irrigation Systems Ltd manufactures and sells HDPE/LLDPE/LD Pipes and Micro Irrigation Systems[1]

Key Points

Business Overview:[1]
PISL is in the business of manufacturing and trading in micro irrigation products and providing agriculture related services

  • Market Cap 31.2 Cr.
  • Current Price 27.5
  • High / Low 58.8 / 26.0
  • Stock P/E 15.1
  • Book Value 22.0
  • Dividend Yield 0.00 %
  • ROCE 13.6 %
  • ROE 10.3 %
  • Face Value 10.0

Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -2.62%
  • Promoter holding is low: 31.2%
  • Company has a low return on equity of 7.00% over last 3 years.
  • Company has high debtors of 390 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

Sep 2022 Mar 2023 Sep 2023 Mar 2024
12.85 31.03 10.38 34.08
10.24 29.02 7.25 31.64
Operating Profit 2.61 2.01 3.13 2.44
OPM % 20.31% 6.48% 30.15% 7.16%
0.00 -0.22 0.01 0.09
Interest 0.68 0.81 0.90 1.02
Depreciation 0.25 0.27 0.37 0.36
Profit before tax 1.68 0.71 1.87 1.15
Tax % 0.00% 214.08% 35.83% 24.35%
1.68 -0.81 1.20 0.87
EPS in Rs 369.23 -0.82 1.21 0.77
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
39.39 54.19 37.61 43.88 44.42
36.60 51.13 34.76 39.26 38.86
Operating Profit 2.79 3.06 2.85 4.62 5.56
OPM % 7.08% 5.65% 7.58% 10.53% 12.52%
0.06 0.13 0.05 -0.22 0.10
Interest 0.83 1.14 1.49 1.49 1.92
Depreciation 1.20 1.01 0.73 0.53 0.72
Profit before tax 0.82 1.04 0.68 2.38 3.02
Tax % 39.02% 37.50% 50.00% 63.87% 31.46%
0.50 0.65 0.34 0.87 2.07
EPS in Rs 111.11 142.86 74.73 0.88 1.83
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: -6%
TTM: 1%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 47%
TTM: 113%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 7%
Last Year: 10%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 0.45 0.46 0.46 9.90 11.34
Reserves 12.23 12.93 13.27 5.46 13.63
12.36 11.05 14.95 15.47 16.70
13.67 17.51 17.59 24.49 36.81
Total Liabilities 38.71 41.95 46.27 55.32 78.48
7.21 6.80 8.26 9.35 8.70
CWIP 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00
31.50 35.15 38.01 45.97 69.78
Total Assets 38.71 41.95 46.27 55.32 78.48

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.99 -0.42 -0.41 2.00 -6.25
-0.37 -0.92 -2.28 -1.61 -0.65
-0.47 1.49 2.41 -0.47 6.85
Net Cash Flow 0.15 0.15 -0.28 -0.08 -0.06

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 114.16 122.12 210.60 233.82 390.39
Inventory Days 208.57 146.65 239.83 200.71 207.49
Days Payable 154.19 110.55 179.63 193.66 292.36
Cash Conversion Cycle 168.54 158.21 270.80 240.88 305.52
Working Capital Days 160.49 122.32 215.06 197.97 284.56
ROCE % 8.81% 8.17% 13.91% 13.63%

Shareholding Pattern

Numbers in percentages

Mar 2024Sep 2024
31.17% 31.17%
68.83% 68.83%
No. of Shareholders 1,2671,103

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