Sharescart Research Club logo ×
Screener Research Unlisted Startup Funding New IPO New

Prima Plastics

₹186.7 3.3 | 1.8%

Market Cap ₹205 Cr.

Stock P/E 9.7

P/B 1.4

Current Price ₹186.7

Book Value ₹ 133.4

Face Value 10

52W High ₹254

Dividend Yield 0.8%

52W Low ₹ 128.1

Prima Plastics Research see more...

Overview Inc. Year: 1993Industry: Plastic Products

Prima Plastics Ltd is a leading manufacturing company specializing in the production of high-quality plastic products. The company has established itself as a key player in the plastics industry, offering a diverse range of products including packaging materials, household items, and industrial components. With a strong commitment to innovation and sustainability, Prima Plastics has continuously invested in state-of-the-art technology and practices to ensure eco-friendly production processes. The company prides itself on its efficient supply chain, ensuring timely delivery to clients worldwide. With a dedicated team of skilled professionals, Prima Plastics Ltd remains dedicated to meeting customer demands while maintaining the highest standards of product quality and environmental responsibility.

Read More..

Prima Plastics Share Price

New

| |

Volume
Price

Quarterly Price

Show Value Show %

Prima Plastics Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 34 44 46 33 48 57 54 41 47 46
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 34 44 46 33 48 57 54 41 47 46
Total Expenditure 32 40 42 32 42 49 44 35 40 38
Operating Profit 2 4 4 1 6 8 11 6 7 8
Interest 0 1 1 1 1 1 1 1 1 1
Depreciation 1 1 1 1 1 2 3 2 2 2
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 1 2 2 -1 3 5 7 3 4 5
Provision for Tax 0 1 1 0 -0 1 1 1 1 1
Profit After Tax 0 1 1 -2 4 3 5 3 3 4
Adjustments 2 2 1 2 1 2 1 1 2 3
Profit After Adjustments 3 3 2 -0 5 5 6 3 5 7
Adjusted Earnings Per Share 2.4 2.5 1.6 -0 4.2 4.7 5.6 3.1 4.4 6.1

Prima Plastics 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 87 102 118 129 84 103 133 127 119 148 192 188
Other Income 5 1 1 1 1 0 1 0 0 0 1 0
Total Income 93 103 119 130 86 103 134 127 119 148 193 188
Total Expenditure 82 89 105 109 76 94 122 114 104 137 167 157
Operating Profit 10 15 14 21 10 10 12 13 15 11 26 32
Interest 1 1 1 0 1 2 3 2 1 2 5 4
Depreciation 3 3 3 3 1 3 4 5 5 5 7 9
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 6 10 10 17 8 5 5 6 9 11 20 19
Provision for Tax 1 2 4 5 4 3 2 1 3 1 3 4
Profit After Tax 5 8 7 12 4 3 3 5 6 9 17 15
Adjustments 0 0 0 0 6 7 6 5 9 -0 -1 7
Profit After Adjustments 5 8 7 12 10 10 9 10 15 9 16 21
Adjusted Earnings Per Share 4.6 6.9 6.1 11.2 9.5 8.6 8.6 9.2 13.6 7.9 14.5 19.2

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 30% 15% 13% 8%
Operating Profit CAGR 136% 26% 21% 10%
PAT CAGR 89% 50% 41% 13%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 39% 19% 18% 30%
ROE Average 13% 9% 7% 10%
ROCE Average 14% 10% 9% 13%

Prima Plastics 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 46 53 56 65 76 82 89 97 112 119 136
Minority's Interest 0 0 0 0 0 0 0 0 1 1 2
Borrowings 2 0 0 0 1 5 5 3 3 11 12
Other Non-Current Liabilities 0 0 1 1 2 3 2 3 3 3 7
Total Current Liabilities 20 22 15 15 10 30 35 28 30 54 51
Total Liabilities 68 75 72 81 88 120 132 131 149 189 208
Fixed Assets 20 20 18 19 20 32 30 29 29 30 55
Other Non-Current Assets 2 3 3 5 24 24 28 33 43 65 52
Total Current Assets 45 53 51 57 44 64 75 69 77 94 101
Total Assets 68 75 72 81 88 120 132 131 149 189 208

Prima Plastics 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 5 4 5 7 7 7 4 7 4 4 6
Cash Flow from Operating Activities 4 2 13 14 10 -9 10 15 7 -3 37
Cash Flow from Investing Activities 2 -2 -0 -5 -14 -14 -4 -2 -7 -17 -16
Cash Flow from Financing Activities -7 1 -10 -5 4 20 -3 -17 -1 21 -22
Net Cash Inflow / Outflow -1 1 3 4 1 -3 3 -3 -0 1 -1
Closing Cash & Cash Equivalent 4 5 7 10 7 4 7 4 4 6 6

Prima Plastics 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) 4.62 6.91 6.09 11.16 9.52 8.64 8.62 9.19 13.62 7.88 14.48
CEPS(Rs) 7.1 9.93 8.65 14.32 4.85 4.58 6.66 8.64 9.75 13.01 21.91
DPS(Rs) 1 1 1.5 2 2 2 1 1 1.5 0 1.5
Book NAV/Share(Rs) 42.12 48.21 50.08 58.48 68.75 74.77 80.92 88.02 101.56 108.41 123.68
Core EBITDA Margin(%) 5.66 12.6 10.77 14.31 9.21 8.75 7.99 10.03 12.06 7.11 12.62
EBIT Margin(%) 8.24 10.22 9.16 12.7 9.57 6.65 5.89 6.43 8.13 8.63 12.51
Pre Tax Margin(%) 6.88 9.07 8.24 12.43 8.91 5.17 3.98 4.88 7.2 7.04 10.16
PAT Margin (%) 5.44 6.92 5.32 8.89 4.71 2.38 2.49 3.71 4.81 6.03 8.65
Cash Profit Margin (%) 8.36 9.94 7.55 11.4 5.74 4.8 5.51 7.48 8.85 9.59 12.41
ROA(%) 7.6 10.63 9.08 16.05 5.17 2.4 2.62 3.59 4.17 5.33 8.46
ROE(%) 11.42 15.3 12.38 20.56 6.26 3.17 3.86 5.07 5.59 7.8 13.16
ROCE(%) 13.75 19.01 18.8 28.31 12.17 7.24 6.71 6.83 7.79 8.41 13.79
Receivable days 59.17 57.46 52.62 45.9 62.76 66.66 72.78 75.12 70.34 79.42 71.36
Inventory Days 69.26 71.48 63.81 54.05 71.43 71.34 70.59 77.87 88.2 74.98 63.15
Payable days 39.71 39.5 17.37 18.41 24 13.52 16.94 26.75 31.77 27.95 33.18
PER(x) 2.74 1.9 8.82 11.62 26.89 20.13 11.39 2.78 5.7 10.45 7.29
Price/Book(x) 0.3 0.27 1.07 2.22 3.72 2.33 1.21 0.29 0.77 0.76 0.85
Dividend Yield(%) 7.91 7.62 2.79 1.54 0.78 1.15 1.02 3.92 1.93 0 1.42
EV/Net Sales(x) 0.21 0.2 0.47 1.03 3.31 2.1 0.99 0.34 0.87 0.92 0.8
EV/Core EBITDA(x) 1.72 1.43 3.89 6.36 28.34 22.65 11.13 3.38 6.99 12.52 6.04
Net Sales Growth(%) 25.95 17.21 15.33 9.32 -34.76 21.89 29.38 -4.41 -6.31 23.99 29.89
EBIT Growth(%) 27.82 45.88 2.68 52.1 -49.36 -21.39 12.14 4.35 20.59 30.65 88.73
PAT Growth(%) 28.74 49.6 -11.91 83.38 -64.35 -42.81 32.16 42.43 23.77 54.42 86.55
EPS Growth(%) 28.74 49.6 -11.91 83.38 -14.7 -9.25 -0.18 6.55 48.27 -42.15 83.68
Debt/Equity(x) 0.17 0.21 0.07 0.01 0.07 0.36 0.36 0.22 0.21 0.44 0.33
Current Ratio(x) 2.29 2.4 3.44 3.9 4.5 2.11 2.11 2.48 2.54 1.75 1.97
Quick Ratio(x) 1.28 1.35 2.03 2.54 2.84 1.3 1.35 1.49 1.51 1.19 1.25
Interest Cover(x) 6.04 8.89 9.99 46.7 14.52 4.48 3.07 4.15 8.73 5.42 5.32
Total Debt/Mcap(x) 0.56 0.76 0.06 0.01 0.02 0.16 0.3 0.76 0.27 0.57 0.39

Prima Plastics Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 58.42 58.41 58.4 58.36 58.33 58.33 58.33 58.3 58.28 58.28
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 41.58 41.59 41.6 41.64 41.67 41.67 41.67 41.7 41.72 41.72
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has delivered good profit growth of 41% CAGR over last 5 years
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 9% over the last 3 years.
  • Debtor days have increased from 27.95 to 33.18days.

* 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.

Prima Plastics News

IPO

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

View more.....

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

View more.....

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

View more.....

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

View more.....

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

View more.....