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Pearl Polymers

₹39 1.2 | 3%

Market Cap ₹66 Cr.

Stock P/E -97.9

P/B 1.7

Current Price ₹39

Book Value ₹ 23.3

Face Value 10

52W High ₹48.5

Dividend Yield 0%

52W Low ₹ 20

Pearl Polymers Research see more...

Overview Inc. Year: 1971Industry: Plastic Products

Pearl Polymers Share Price

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Pearl Polymers Quarterly Results

#(Fig in Cr.) Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Jun 2023 Sep 2023 Dec 2023
Net Sales 4 3 2 5 5 4 4 4 4 4
Other Income 47 42 1 1 0 1 1 3 1 2
Total Income 51 45 3 6 5 4 4 7 5 6
Total Expenditure 16 45 5 10 8 4 6 6 5 5
Operating Profit 35 -1 -1 -4 -3 0 -2 1 0 1
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 34 -1 -1 -4 -3 -0 -2 0 0 1
Provision for Tax 4 -0 -0 3 0 0 0 0 -0 0
Profit After Tax 31 -1 -1 -7 -3 -0 -2 0 0 1
Adjustments 0 0 0 -0 0 -0 -0 0 -0 0
Profit After Adjustments 31 -1 -1 -7 -3 -0 -2 0 0 1
Adjusted Earnings Per Share 18.2 -0.4 -0.7 -4 -1.9 -0.1 -1.1 0.3 0.1 0.3

Pearl Polymers Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 218 225 199 177 174 181 179 140 112 14 17 16
Other Income 3 1 3 1 1 2 2 3 4 91 2 7
Total Income 221 226 202 178 176 183 181 142 115 105 19 22
Total Expenditure 212 211 191 167 164 177 176 144 116 76 27 22
Operating Profit 9 16 11 12 11 6 5 -2 -1 29 -7 0
Interest 8 8 6 5 5 5 5 4 4 0 0 0
Depreciation 9 7 7 7 6 6 6 6 6 1 1 0
Exceptional Income / Expenses 24 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 16 1 -2 -0 0 -4 -6 -12 -11 28 -8 -1
Provision for Tax 2 -0 1 -1 1 -2 -1 -1 0 6 0 0
Profit After Tax 14 1 -3 0 -1 -3 -5 -11 -11 22 -8 -1
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 14 1 -3 0 -1 -3 -5 -11 -11 22 -8 -1
Adjusted Earnings Per Share 8.4 0.3 -1.5 0.3 -0.4 -1.6 -2.9 -6.6 -6.3 13 -4.9 -0.4

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 21% -50% -38% -23%
Operating Profit CAGR -124% 0% NAN% NAN%
PAT CAGR -136% 0% 0% NAN%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 76% 37% 28% 11%
ROE Average -19% 2% -6% -1%
ROCE Average -19% 9% 2% 6%

Pearl Polymers Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 61 62 52 53 53 50 45 35 24 46 38
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 5 3 3 7 8 7 5 5 4 0 0
Other Non-Current Liabilities 11 13 14 9 9 8 6 4 3 1 1
Total Current Liabilities 76 70 64 54 59 72 70 62 60 9 6
Total Liabilities 154 148 133 124 129 137 126 106 91 56 45
Fixed Assets 66 67 57 53 52 55 50 45 39 5 5
Other Non-Current Assets 5 5 5 4 5 5 5 5 5 2 1
Total Current Assets 83 76 72 66 72 77 72 56 47 50 39
Total Assets 154 148 133 124 129 137 126 106 91 56 45

Pearl Polymers Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 2 3 2 1 1 1 1 0 0 2 8
Cash Flow from Operating Activities -11 21 19 10 11 12 7 4 2 29 -5
Cash Flow from Investing Activities 32 -7 -7 -2 -5 -8 -0 0 2 5 -1
Cash Flow from Financing Activities -20 -16 -13 -8 -6 -3 -8 -4 -2 -28 -0
Net Cash Inflow / Outflow 1 -2 -1 -0 0 0 -1 0 2 6 -6
Closing Cash & Cash Equivalent 3 2 1 1 1 1 0 0 2 8 2

Pearl Polymers Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 8.44 0.32 -1.49 0.28 -0.38 -1.56 -2.89 -6.63 -6.29 12.98 -4.86
CEPS(Rs) 13.7 4.61 2.39 4.16 3.37 1.94 0.85 -2.84 -2.77 13.41 -4.52
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 36.53 36.85 31.13 31.41 31.2 29.89 26.99 20.55 14.28 27.39 22.61
Core EBITDA Margin(%) 2.92 6.05 3.71 5.6 5.5 2.37 1.52 -3.17 -3.72 -442.63 -57.06
EBIT Margin(%) 10.78 3.51 2.06 2.68 2.75 0.11 -0.76 -5.94 -5.79 200.97 -46.52
Pre Tax Margin(%) 7.13 0.22 -0.92 -0.21 0.19 -2.4 -3.53 -8.94 -9.47 199.15 -46.9
PAT Margin (%) 6.15 0.23 -1.2 0.25 -0.36 -1.45 -2.72 -7.99 -9.47 156.12 -47.73
Cash Profit Margin (%) 9.97 3.28 1.93 3.76 3.22 1.79 0.8 -3.42 -4.17 161.32 -44.43
ROA(%) 9.33 0.36 -1.79 0.36 -0.51 -1.98 -3.7 -9.62 -10.76 29.62 -16.09
ROE(%) 26.13 0.87 -4.38 0.88 -1.21 -5.12 -10.17 -27.87 -36.09 62.31 -19.43
ROCE(%) 23.32 7.99 4.73 6.13 5.97 0.25 -1.8 -12.46 -11.42 56.89 -18.79
Receivable days 62.92 65.26 70.25 76.05 82.81 91.18 93.26 96.7 93.11 375.61 45.65
Inventory Days 33.74 32.3 39.87 43.76 46.16 45.13 45.56 55.12 58.22 247.76 51.36
Payable days 65.68 67.86 86.44 113.88 120 138.98 150.79 172.26 179.39 499.6 124.17
PER(x) 1.24 21.85 0 45.33 0 0 0 0 0 1.4 0
Price/Book(x) 0.29 0.19 0.39 0.4 1.11 0.82 0.5 0.63 0.98 0.66 0.8
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.27 0.2 0.24 0.26 0.48 0.37 0.26 0.33 0.44 1.64 1.7
EV/Core EBITDA(x) 6.15 2.97 4.31 4.02 7.48 11.04 9.49 -23.95 -90.42 0.8 -3.93
Net Sales Growth(%) 1.88 3.04 -11.79 -10.9 -1.61 3.98 -1.27 -21.92 -19.96 -87.47 22.39
EBIT Growth(%) 195.35 -66.65 -48.16 15.99 -3.06 -95.83 -776.4 -506.07 21.89 534.53 -128.33
PAT Growth(%) 3970.82 -96.21 -565.11 118.51 -237.67 -311.94 -84.85 -129.19 5.14 306.54 -137.41
EPS Growth(%) 3969.11 -96.21 -565.06 118.51 -237.66 -311.99 -84.85 -129.19 5.14 306.54 -137.41
Debt/Equity(x) 0.75 0.62 0.56 0.54 0.54 0.59 0.59 0.76 1.18 0.01 0.01
Current Ratio(x) 1.1 1.08 1.12 1.22 1.22 1.07 1.03 0.91 0.78 5.64 6.7
Quick Ratio(x) 0.84 0.76 0.76 0.82 0.83 0.76 0.71 0.59 0.52 5.29 6.4
Interest Cover(x) 2.95 1.07 0.69 0.93 1.08 0.04 -0.28 -1.98 -1.58 110.58 -120.32
Total Debt/Mcap(x) 2.62 3.25 1.43 1.35 0.49 0.72 1.18 1.21 1.2 0.01 0.01

Pearl Polymers Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 55.58 55.58 55.58 55.58 55.58 55.58 55.58 55.58 55.58 55.58
FII 0 0 0 0 0 0.05 0.05 0 0.07 0.1
DII 0.18 0.09 0.09 0.04 0.09 0.04 0.04 0.09 0.04 0.04
Public 44.25 44.33 44.33 44.38 44.33 44.33 44.33 44.33 44.32 44.29
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Debtor days have improved from 499.6 to 124.17days.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 2% over the last 3 years.

* 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.

Pearl Polymers News

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Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

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Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

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