Sah Polymers Ltd
Incorporated in 1992, Sah Polymers
Ltd does manufacturing and marketing
of FIBC and other flexible packaging
products[1]
- Market Cap ₹ 237 Cr.
- Current Price ₹ 91.9
- High / Low ₹ 146 / 71.6
- Stock P/E 329
- Book Value ₹ 34.0
- Dividend Yield 0.00 %
- ROCE 4.31 %
- ROE 0.95 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 2.71 times its book value
- Company has low interest coverage ratio.
- Earnings include an other income of Rs.2.52 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|
| 45 | 49 | 80 | 95 | 109 | 121 | |
| 43 | 47 | 73 | 88 | 104 | 117 | |
| Operating Profit | 2 | 2 | 7 | 7 | 5 | 4 |
| OPM % | 5% | 4% | 9% | 8% | 5% | 4% |
| 0 | 1 | 1 | 2 | 2 | 3 | |
| Interest | 1 | 2 | 1 | 3 | 4 | 3 |
| Depreciation | 1 | 1 | 1 | 1 | 2 | 3 |
| Profit before tax | 1 | 1 | 5 | 5 | 1 | 1 |
| Tax % | 49% | 43% | 20% | 27% | 32% | |
| 0 | 0 | 4 | 4 | 1 | 1 | |
| EPS in Rs | 0.24 | 0.19 | 2.69 | 1.33 | 0.31 | 0.27 |
| Dividend Payout % | 0% | 0% | 0% | 38% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | % |
| TTM: | 31% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | % |
| TTM: | -65% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -22% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 16 | 16 | 16 | 26 | 26 | 26 |
| Reserves | 3 | 4 | 8 | 59 | 58 | 62 |
| 11 | 10 | 30 | 25 | 31 | 30 | |
| 7 | 7 | 14 | 16 | 17 | 19 | |
| Total Liabilities | 37 | 36 | 69 | 126 | 132 | 137 |
| 13 | 13 | 19 | 47 | 51 | 53 | |
| CWIP | 0 | 0 | 7 | 1 | 1 | 2 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 24 | 23 | 43 | 78 | 80 | 82 | |
| Total Assets | 37 | 36 | 69 | 126 | 132 | 137 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 3 | 3 | -1 | -17 | 0 | |
| -1 | -1 | -11 | -20 | 2 | |
| -2 | -2 | 11 | 46 | -5 | |
| Net Cash Flow | 1 | -0 | -1 | 9 | -3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 71 | 67 | 63 | 62 | 74 |
| Inventory Days | 66 | 61 | 101 | 162 | 167 |
| Days Payable | 45 | 49 | 51 | 52 | 49 |
| Cash Conversion Cycle | 91 | 79 | 113 | 172 | 191 |
| Working Capital Days | 127 | 115 | 130 | 165 | 177 |
| ROCE % | 7% | 9% | 4% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
28 Nov - Of newspaper publications for notice of advertisement .
-
Intimation Pursuant To Regulation 30 Of SEBI (LODR) Regulations 2015 Of The Notice Of The Meetings Of The Equity Shareholders (Separate Meeting) Of Sah Polymers Limited Scheduled Pursuant To The Directions Of The
27 Nov - Notice of equity shareholders meeting for amalgamation.
-
Intimation Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015, Of The Notice Of The Meetings Of The Unsecured Creditors (Separate Meeting) Of Sah Polymers Limited Scheduled Pursuant To The Directions Of The Hon''ble National Company Law Tribunal, Jaipur Bench.
27 Nov - Notice of meeting for unsecured creditors' approval.
-
Intimation Of Direction Of NCLT Order Pursuant To The Of Scheme Of Amalgamation (''Scheme'')
21 Nov - NCLT orders meetings for Sah Polymers amalgamation.
-
Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
20 Nov - Intimation of EGM and voting results.
Business Overview:[1][2]
SAHPL is a Recognized Star Export
House by the Government of India. It is
a manufacturer of Flexible Intermediate
Bulk Containers from Simple builder bags
to complex C panel and circular baffle bags, Polypropylene Woven Bags, BOPP Laminated Bags