Polylink Polymers

₹27.5 -0.4 | 1.3%

WEBSITE BSE:531454 NSE : POLYLINK POL 18 May, 12:50

Market Cap ₹61 Cr.

Stock P/E 64.3

P/B 2.2

Current Price ₹27.5

Book Value ₹ 12.2

Face Value 5

52W High ₹40.3

Dividend Yield 0%

52W Low ₹ 18.4

Edit Ratio

Polylink Polymers Research see more...

Overview Inc. Year: 1993Industry: Chemicals

Polylink Polymers Share Price

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Price

Price: NSE50 DMA200 DMAVolume

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Peer Comparison

Polylink Polymers Quarterly Results

#(Fig in Cr.)	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Jun 2022	Sep 2022	Dec 2022	Jun 2023	Sep 2023	Dec 2023
Net Sales	12	7	11	14	14	11	11	16	17	19
Other Income	0	0	0	0	0	0	0	0	0	0
Total Income	12	7	11	14	14	11	11	16	17	19
Total Expenditure	11	7	10	13	13	11	11	15	17	18
Operating Profit	1	0	0	1	1	0	0	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	1	-0	0	1	0	-0	0	0	0	1
Provision for Tax	0	-0	0	0	0	0	0	0	-0	0
Profit After Tax	1	-0	0	0	0	-0	0	0	0	0
Adjustments	0	0	0	0	0	-0	0	0	-0	0
Profit After Adjustments	1	-0	0	0	0	-0	0	0	0	0
Adjusted Earnings Per Share	0.3	-0.1	0	0.2	0.1	-0	0	0.1	0.1	0.2

Polylink 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	32	35	37	36	32	34	47	47	37	46	50	63
Other Income	1	1	1	1	1	1	1	1	1	0	0	0
Total Income	33	36	38	37	33	35	48	48	38	46	51	63
Total Expenditure	29	32	34	33	30	32	45	45	36	44	49	61
Operating Profit	3	4	3	4	3	4	3	3	2	2	2	2
Interest	1	1	1	1	0	0	0	0	0	0	0	0
Depreciation	2	1	1	1	1	1	1	1	1	1	1	0
Exceptional Income / Expenses	1	0	-0	0	0	0	0	0	0	0	0	0
Profit Before Tax	1	2	1	2	2	2	2	1	1	1	1	1
Provision for Tax	0	0	1	1	1	1	0	0	0	1	0	0
Profit After Tax	1	1	0	2	1	1	1	1	1	1	1	0
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	1	1	0	2	1	1	1	1	1	1	1	0
Adjusted Earnings Per Share	0.4	0.5	0.2	0.8	0.5	0.7	0.5	0.5	0.5	0.4	0.3	0.4

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	9%	2%	8%	5%
Operating Profit CAGR	0%	-13%	-13%	-4%
PAT CAGR	0%	0%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	25%	22%	13%	26%
ROE Average	3%	4%	4%	8%
ROCE Average	4%	5%	6%	11%

Polylink 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	7	8	9	11	20	21	22	23	25	26	26
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	3	3	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	-4	-4	-3	-2	-0	0	0	1	0	1	1
Total Current Liabilities	9	8	6	6	6	6	6	4	4	5	3
Total Liabilities	15	15	12	14	25	27	29	28	29	31	30
Fixed Assets	7	6	5	5	15	16	16	16	15	16	16
Other Non-Current Assets	0	0	0	1	0	0	0	0	2	0	0
Total Current Assets	8	9	7	8	10	11	13	12	13	14	14
Total Assets	15	15	12	14	25	27	29	28	29	31	30

Polylink 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	0	0	0	0	0	0	0	0	0	0	0
Cash Flow from Operating Activities	1	-0	5	3	1	2	0	4	0	0	4
Cash Flow from Investing Activities	1	1	-0	-1	-0	-2	-0	-1	-1	-1	-1
Cash Flow from Financing Activities	-2	-1	-5	-2	-1	-0	-0	-3	1	0	-1
Net Cash Inflow / Outflow	0	-0	0	0	-0	-0	-0	0	-0	-0	2
Closing Cash & Cash Equivalent	0	0	0	0	0	0	0	0	0	0	2

Polylink 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)	0.44	0.47	0.17	0.83	0.52	0.67	0.5	0.48	0.54	0.41	0.29
CEPS(Rs)	1.22	1.11	0.81	1.07	0.86	1.08	0.9	0.89	0.91	0.81	0.72
DPS(Rs)	0	0	0	0	0	0	0	0	0	0	0
Book NAV/Share(Rs)	3.32	3.79	3.96	4.79	8.9	9.59	10.09	10.57	11.12	11.53	11.8
Core EBITDA Margin(%)	8.06	8.14	7.18	7.26	5.71	8.12	4.78	4.12	5.04	4.36	3.41
EBIT Margin(%)	8.39	7.42	5.1	7.97	6.08	7.56	4.26	3.86	4.29	3.41	2.13
Pre Tax Margin(%)	4.09	4.1	2.33	6.49	5.02	6.41	3.36	3.07	3.97	3.07	1.92
PAT Margin (%)	2.89	2.79	0.99	4.83	3.31	4.25	2.37	2.27	3.19	1.96	1.28
Cash Profit Margin (%)	8	6.58	4.59	6.26	5.48	6.81	4.22	4.17	5.37	3.9	3.15
ROA(%)	6.14	6.8	2.84	14.1	5.8	5.66	3.97	3.73	4.15	2.97	2.11
ROE(%)	14.27	13.25	4.49	18.87	7.55	7.28	5.12	4.67	4.97	3.58	2.5
ROCE(%)	16.24	16.51	13.36	22.44	11.64	11.49	8.17	7.4	6.47	5.86	3.99
Receivable days	37.63	40.37	40.56	38.97	48.87	61.13	58.05	61.21	71.87	66.97	57.14
Inventory Days	23.75	23.41	20.03	16.27	27.68	35.7	30.08	31.87	42.32	37.12	36.06
Payable days	29.99	23.79	19.4	22.38	33.84	37.22	23.63	26.82	34.45	25.27	21.44
PER(x)	6.43	4.31	28.55	9.1	27.25	32.7	31.06	15.13	21.89	58.58	66.74
Price/Book(x)	0.86	0.54	1.26	1.57	1.58	2.29	1.55	0.69	1.06	2.06	1.65
Dividend Yield(%)	0	0	0	0	0	0	0	0	0	0	0
EV/Net Sales(x)	0.47	0.35	0.4	0.54	1.04	1.47	0.8	0.34	0.73	1.19	0.82
EV/Core EBITDA(x)	4.46	3.32	4.25	5.47	11.71	14.28	13.01	5.94	11.27	22.23	20.44
Net Sales Growth(%)	8.67	10.41	4.64	-2.85	-11.07	7.67	36.51	0.01	-20.43	22.06	10.23
EBIT Growth(%)	134.05	-2.37	-28.24	51.82	-30.36	26.17	-24.28	-9.39	-11.62	-3.03	-31.02
PAT Growth(%)	-76.46	6.59	-63.01	373.99	-37.41	30.26	-25.11	-4.23	11.83	-24.85	-28.15
EPS Growth(%)	-76.46	6.59	-63	373.92	-37.41	30.27	-25.11	-4.23	11.81	-24.86	-28.15
Debt/Equity(x)	1.3	0.99	0.49	0.3	0.13	0.12	0.13	0.02	0.05	0.07	0.02
Current Ratio(x)	0.88	1.17	1.07	1.34	1.65	1.96	2.06	2.9	3.16	3.07	4.41
Quick Ratio(x)	0.68	0.78	0.87	0.97	1.12	1.3	1.42	1.91	2.03	2.05	2.79
Interest Cover(x)	1.95	2.24	1.84	5.37	5.78	6.61	4.73	4.9	13.23	10.17	9.99
Total Debt/Mcap(x)	1.52	1.85	0.39	0.19	0.08	0.05	0.09	0.03	0.05	0.03	0.01

Polylink Polymers Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	74.99	74.99	74.99	74.99	74.99	74.99	74.99	74.99	74.99	74.69
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	25.01	25.01	25.01	25.01	25.01	25.01	25.01	25.01	25.01	25.31
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	1.66	1.66	1.66	1.66	1.66	1.66	1.66	1.66	1.66	1.65
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	0.55	0.55	0.55	0.55	0.55	0.55	0.55	0.55	0.55	0.56
Others	0	0	0	0	0	0	0	0	0	0
Total	2.21	2.21	2.21	2.21	2.21	2.21	2.21	2.21	2.21	2.21

Pros

Debtor days have improved from 25.27 to 21.44days.
Company is almost debt free.

Cons

Company has a low return on equity of 4% 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.