Silkflex Polymers (India) Ltd

Silkflex Polymers (India) Ltd

₹ 80.8 5.00%
22 Nov - close price
About

Incorporated on May 13, 2016, Silkflex Polymers India Limited trades textile printing inks and water-based wood coating polymers.[1]

Key Points

Product Portfolio[1] The company offers 108 textile printing ink products and 51 wood coating polymer products.

  • Market Cap 93.8 Cr.
  • Current Price 80.8
  • High / Low 114 / 46.1
  • Stock P/E 17.5
  • Book Value 27.4
  • Dividend Yield 0.00 %
  • ROCE 27.0 %
  • ROE 38.2 %
  • Face Value 10.0

Pros

  • Company's working capital requirements have reduced from 130 days to 90.1 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Debtor days have increased from 27.4 to 35.8 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: Trading Industry: Trading

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Half Yearly Results

Figures in Rs. Crores

Mar 2023 Sep 2023 Mar 2024 Sep 2024
19.74 23.74 35.84 35.15
18.24 20.69 32.11 29.90
Operating Profit 1.50 3.05 3.73 5.25
OPM % 7.60% 12.85% 10.41% 14.94%
0.10 0.12 0.27 0.28
Interest 0.69 0.43 1.01 0.98
Depreciation 0.39 0.48 -0.00 0.19
Profit before tax 0.52 2.26 2.99 4.36
Tax % 53.85% 22.12% 27.42% 26.83%
0.24 1.76 2.17 3.19
EPS in Rs 0.96 7.04 2.67 2.75
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
20.52 20.73 27.82 44.30 59.58 70.99
19.71 19.48 26.18 41.90 52.59 62.01
Operating Profit 0.81 1.25 1.64 2.40 6.99 8.98
OPM % 3.95% 6.03% 5.90% 5.42% 11.73% 12.65%
0.04 0.21 0.22 0.21 0.39 0.55
Interest 0.33 0.80 0.73 1.10 1.65 1.99
Depreciation 0.06 0.05 0.21 0.40 0.48 0.19
Profit before tax 0.46 0.61 0.92 1.11 5.25 7.35
Tax % 26.09% 26.23% 25.00% 25.23% 25.14%
0.35 0.45 0.69 0.83 3.93 5.36
EPS in Rs 2.33 2.19 2.76 3.32 4.84 5.42
Dividend Payout % -0.00% -0.00% -0.00% -0.00% -0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 42%
TTM: 63%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 106%
TTM: 168%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 22%
Last Year: 38%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 1.50 2.05 2.50 2.50 8.13 11.61
Reserves 1.24 3.08 4.88 5.83 4.14 20.20
5.60 6.12 9.94 13.55 16.86 20.86
1.31 1.89 2.37 1.84 9.79 10.00
Total Liabilities 9.65 13.14 19.69 23.72 38.92 62.67
1.22 1.47 3.46 4.02 11.30 17.01
CWIP -0.00 1.15 -0.00 -0.00 0.93 -0.00
Investments 1.38 1.60 1.13 1.40 1.64 1.69
7.05 8.92 15.10 18.30 25.05 43.97
Total Assets 9.65 13.14 19.69 23.72 38.92 62.67

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.09 -0.17 -4.29 -0.95 4.72
-1.79 -1.49 -0.37 -1.17 -9.13
1.88 1.66 4.64 2.11 4.43
Net Cash Flow -0.00 -0.00 -0.01 -0.00 0.02

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 40.73 48.77 29.00 17.30 35.78
Inventory Days 90.36 124.86 215.65 153.46 130.85
Days Payable 27.60 12.68 10.79 12.58 55.96
Cash Conversion Cycle 103.50 160.95 233.85 158.19 110.66
Working Capital Days 98.90 122.37 166.23 134.05 90.12
ROCE % 14.40% 11.55% 11.28% 27.05%

Shareholding Pattern

Numbers in percentages

3 Recently
Sep 2024
69.89%
4.76%
25.36%
No. of Shareholders 456

* 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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