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Tijaria Polypipe

₹27.5 0.5 | 2%

Market Cap ₹79 Cr.

Stock P/E -27.0

P/B -2.9

Current Price ₹27.5

Book Value ₹ -9.5

Face Value 10

52W High ₹26.9

Dividend Yield 0%

52W Low ₹ 4.9

Tijaria Polypipe Research see more...

Overview Inc. Year: 2006Industry: Rubber Products

Tijaria Polypipe Share Price

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Tijaria Polypipe Quarterly Results

#(Fig in Cr.) Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 18 14 10 0 -0 4 0 0 0 0
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 18 14 10 0 0 4 0 0 0 0
Total Expenditure 20 18 12 0 0 6 0 0 0 0
Operating Profit -2 -5 -2 -0 -0 -2 -0 0 0 -0
Interest 2 2 2 0 0 0 0 0 0 0
Depreciation 1 1 1 1 1 1 1 1 1 1
Exceptional Income / Expenses 0 0 -0 -0 0 0 0 -0 0 0
Profit Before Tax -5 -8 -4 -1 -1 -3 -1 -1 -1 -1
Provision for Tax 0 0 0 0 0 0 0 0 0 0
Profit After Tax -5 -8 -4 -1 -1 -3 -1 -1 -1 -1
Adjustments 0 0 -0 0 0 0 0 0 -0 0
Profit After Adjustments -5 -8 -4 -1 -1 -3 -1 -1 -1 -1
Adjusted Earnings Per Share -1.8 -2.6 -1.5 -0.4 -0.4 -1 -0.3 -0.2 -0.2 -0.2

Tijaria Polypipe 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 128 110 69 87 64 76 150 73 62 55 14 0
Other Income 0 0 5 0 0 0 1 0 1 0 0 0
Total Income 128 110 74 87 64 77 150 74 63 55 14 0
Total Expenditure 115 101 61 81 66 85 130 65 66 64 18 0
Operating Profit 14 9 13 6 -2 -9 21 9 -3 -9 -4 0
Interest 5 9 9 9 7 8 8 6 7 8 2 0
Depreciation 8 10 14 12 10 8 6 5 5 4 3 4
Exceptional Income / Expenses -0 -0 0 -0 -2 -0 -0 0 -0 -0 -0 0
Profit Before Tax 0 -10 -9 -15 -21 -24 6 -2 -14 -22 -9 -4
Provision for Tax -1 1 0 0 0 0 0 0 0 0 0 0
Profit After Tax 1 -11 -9 -15 -21 -24 6 -2 -14 -22 -9 -4
Adjustments 0 0 0 0 0 0 0 -0 0 0 0 0
Profit After Adjustments 1 -11 -9 -15 -21 -24 6 -3 -14 -22 -9 -4
Adjusted Earnings Per Share 0.4 -4.6 -3.9 -6.2 -8.9 -10.3 2.3 -0.9 -4.9 -7.6 -3.3 -0.9

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -75% -42% -29% -20%
Operating Profit CAGR 0% NAN% 0% NAN%
PAT CAGR 0% 0% 0% NAN%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 418% 59% 11% 22%
ROE Average 0% -34% -14% -25%
ROCE Average -14% -15% -4% -5%

Tijaria Polypipe 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 90 79 70 55 34 12 21 21 7 -15 -24
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 21 32 28 24 44 39 37 35 60 58 65
Other Non-Current Liabilities -1 2 1 0 -0 0 0 0 0 0 0
Total Current Liabilities 52 41 47 51 37 61 52 40 30 24 20
Total Liabilities 162 155 146 131 115 112 111 96 97 68 62
Fixed Assets 86 90 76 65 58 49 39 35 34 29 25
Other Non-Current Assets 16 18 9 10 8 4 2 2 2 2 2
Total Current Assets 60 46 61 56 49 59 69 59 61 37 34
Total Assets 162 155 146 131 115 112 111 96 97 68 62

Tijaria Polypipe 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 1 1 1 1 0 2 2 0 1 2 0
Cash Flow from Operating Activities 27 9 12 6 4 6 15 9 -3 2 -5
Cash Flow from Investing Activities -30 -17 11 -2 -0 -0 3 -0 -4 1 0
Cash Flow from Financing Activities 2 8 -22 -5 -2 -6 -20 -8 9 -5 5
Net Cash Inflow / Outflow -0 -0 1 -1 2 0 -2 1 2 -2 0
Closing Cash & Cash Equivalent 1 1 1 0 2 2 0 1 2 0 0

Tijaria Polypipe 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) 0.37 -4.57 -3.87 -6.18 -8.86 -10.33 2.32 -0.86 -4.9 -7.58 -3.3
CEPS(Rs) 3.77 -0.16 1.85 -1.19 -4.72 -6.85 4.69 0.95 -3.23 -6.14 -2.14
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 38.06 33.49 29.6 23.42 14.57 4.22 7.73 7.3 2.43 -5.14 -8.44
Core EBITDA Margin(%) 10.34 7.96 10.96 6.58 -3.86 -11.59 13.12 11.89 -5.82 -17.03 -30.88
EBIT Margin(%) 4.29 -1.17 -0.58 -5.97 -20.81 -21.85 9.46 5.36 -12.01 -24.2 -53.74
Pre Tax Margin(%) 0.2 -8.92 -12.54 -15.85 -31.68 -31.56 4.15 -3.36 -22.44 -39.55 -68.29
PAT Margin (%) 0.67 -9.46 -12.54 -15.85 -31.68 -31.56 4.15 -3.36 -22.44 -39.55 -68.29
Cash Profit Margin (%) 6.79 -0.33 6 -3.04 -16.87 -20.92 8.39 3.72 -14.81 -32.03 -44.3
ROA(%) 0.56 -6.82 -6.1 -10.56 -17.03 -21.52 5.57 -2.39 -14.55 -26.38 -14.63
ROE(%) 0.97 -12.78 -12.28 -23.31 -46.64 -109.97 40.47 -11.86 -100.62 0 0
ROCE(%) 4.04 -0.93 -0.31 -4.36 -12.27 -18.18 17.99 5.34 -10.38 -20.87 -13.96
Receivable days 112.84 112.37 148.88 111.85 142.01 143.5 109.75 237.7 225.74 208.21 662.32
Inventory Days 41.84 46.61 98.42 101.29 126.7 80.03 28.85 51.64 79.47 68.58 82.71
Payable days 50.67 49.16 69.22 56.35 67.97 108.39 108.46 222.72 136.64 89.42 210.6
PER(x) 16.18 0 0 0 0 0 6.4 0 0 0 0
Price/Book(x) 0.16 0.1 0.08 0.24 0.43 1.79 1.92 0.54 2.59 -1.25 -0.52
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.52 0.66 0.96 0.89 1.3 1.08 0.61 0.79 1.26 1.55 6.3
EV/Core EBITDA(x) 4.89 7.96 5.12 12.18 -38.95 -9.63 4.42 6.39 -28.89 -9.27 -21.22
Net Sales Growth(%) 38.42 -14.04 -37.19 25.79 -26.98 19.91 95.96 -50.92 -14.89 -12.13 -74.77
EBIT Growth(%) 145.03 -123.83 68.4 -1199.2 -150.03 -22.9 183.7 -72.19 -290.72 -77.15 43.98
PAT Growth(%) 128.63 -1338.79 15.26 -59.53 -43.34 -16.63 125.4 -139.73 -468.81 -54.89 56.44
EPS Growth(%) 128.63 -1338.79 15.26 -59.53 -43.34 -16.63 122.46 -137.09 -468.8 -54.89 56.44
Debt/Equity(x) 0.6 0.83 0.89 1.17 2.03 7.01 2.62 2.43 9.46 -4.7 -3.16
Current Ratio(x) 1.16 1.11 1.3 1.08 1.34 0.96 1.32 1.5 2.04 1.53 1.7
Quick Ratio(x) 0.89 0.74 0.79 0.55 0.83 0.71 1.16 1.19 1.55 1.29 1.67
Interest Cover(x) 1.05 -0.15 -0.05 -0.6 -1.91 -2.25 1.78 0.61 -1.15 -1.58 -3.7
Total Debt/Mcap(x) 3.79 8.49 10.51 4.94 4.72 3.92 1.36 4.53 3.65 3.77 6.06

Tijaria Polypipe Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 65.07 65.07 65.07 35.11 35.16 35.16 35.16 35.16 35.16 35.16
FII 0 0 0 0.01 0 0 0 0 0 3.42
DII 0 0 0 26.94 25.05 25.05 25.05 25.05 25.05 0
Public 34.93 34.93 34.93 37.94 39.79 39.79 39.79 39.79 39.79 61.42
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Stock is trading at -2.9 times its book value
  • Company is almost debt free.

Cons

  • Promoter holding is low: 35.16%.
  • Company has a low return on equity of -34% over the last 3 years.
  • Debtor days have increased from 89.42 to 210.6days.

* 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.

Tijaria Polypipe News

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