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Polysil Irrigation Systems Ltd (POLYSIL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: POLYSIL Plastic Products | Small Cap | Polysil Irr Systems Share Price

BSE Share Price
Not Listed

Polysil Irrigation Systems Ltd (POLYSIL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: POLYSIL Plastic Products | Small Cap | Polysil Irr Systems Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹358 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹1.1
TTM Sales
₹45.6 Cr.
Book Value per Share
₹23.3
P/E Ratio
127.38
Higher than its 5-year historical median
Industry PE
37.6
Price to Book (P/B)
5.79
Higher than its 5-year historical median
Price to Sales (P/S)
7.85
Higher than its 5-year historical median
EV/EBITDA
60.89
Higher than its 5-year historical median
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
-8.11%
Underperforms industry median
Return on Capital Employed (ROCE)
1.26%
Underperforms industry median
Return on Assets (ROA)
-2.21%
Operating Profit Margin
6.9%
Net Profit Margin
-13.33%
Gross Profit Margin
-4.5%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-68.76%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-82.73%
Net Profit Growth (1 Year)
-
-189.37%
Asset Quality
Promoter Holding
28.02%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹35 Cr.
Equity
₹26.5 Cr.
Face Value
₹10
All Time Low / High
- / -

Polysil Irrigation Systems stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Polysil Irrigation Systems Ltd a good quality company?
Polysil Irrigation Systems Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Polysil Irrigation Systems Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Polysil Irrigation Systems Ltd vs industry peers?
Polysil Irrigation Systems Ltd revenue CAGR is 0.00%, compared to the industry median CAGR of 4.71%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Polysil Irrigation Systems Ltd?
Promoters hold 28.02% of the Polysil Irrigation Systems Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Polysil Irrigation Systems Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of 240.66% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Polysil Irrigation Systems Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 8.9%8.2%13%13.6%1.3%-
Value Creation
Index
-0.4-0.4-0.10.0-0.9-

Growth Parameters

Sales 54.637.643.944.513.946
Sales YoY Gr.--31.1%16.6%1.3%-68.8%-
Adj EPS 0.70.40.91.8-1.61.1
YoY Gr.--47.8%154.3%105.6%-189.1%-
BVPS (₹) 1414.415.52218.323.3
Adj Net
Profit
0.60.30.92.1-1.93
Cash Flow from Ops. -0.4-0.42-6.31.5-
Debt/CF from Ops. -26.1-36.37.8-2.710.9-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANA-28.3%-68.8%
Adj EPS NANA-267%-189.1%
BVPSNANA8.3%-17.1%
Share Price - - - 84.1%

Key Financial Parameters

Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
4.82.5610.3-7.85.1
Op. Profit
Mgn %
5.67.69.912.56.926.9
Net Profit
Mgn %
1.20.924.7-13.36.2
Debt to
Equity
0.81.110.70.80
Working Cap
Days
03283414661,929412
Cash Conv.
Cycle
01982062691,36595

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Sales5538444414
Operating Expenses + 5235403913
Manufacturing Costs32220
Material Costs291825289
Employee Cost 78642
Other Costs 126752
Operating Profit 33461
Operating Profit Margin (%) 5.6%7.6%9.9%12.5%6.9%
Other Income + 00000
Exceptional Items 00000
Interest 11122
Depreciation 11111
Profit Before Tax 1123-1
Tax 00211
Profit After Tax 1012-2
PAT Margin (%) 1.2%0.9%2.0%4.7%-13.3%
Adjusted EPS (₹)0.70.40.91.8-1.6
Dividend Payout Ratio (%)0%0%0%0%0%

Valuation of Polysil Irr Systems - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 1314152523
Share Capital 00101111
Reserves 131351411
Debt +1014151616
Long Term Debt12211
Short Term Debt912131515
Minority Interest00000
Trade Payables99132328
Others Liabilities 109121522
Total Liabilities 4246557889

Fixed Assets

Net Fixed Assets +78998
Gross Block1618202020
Accumulated Depreciation910111112
CWIP 00000
Investments 00000
Inventories1212141630
Trade Receivables1822284842
Cash Equivalents 11111
Others Assets 43358
Total Assets 4246557889

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -0-02-62
PBT 1123-1
Adjustment 22233
Changes in Working Capital -3-3-2-11-0
Tax Paid -0-0-1-10
Cash Flow From Investing Activity + -1-2-2-11
Capex -1-2-2-0-0
Net Investments 00-0-11
Others -0-0000
Cash Flow From Financing Activity + 12-07-2
Net Proceeds from Shares 00180
Net Proceeds from Borrowing 21-0-1-1
Interest Paid -1-1-1-2-2
Dividend Paid 00000
Others 03120
Net Cash Flow 0-0-0-00

Financial Ratio

PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)4.842.495.9710.28-8.11
ROCE (%)8.98.1813.0313.631.26
Asset Turnover Ratio1.330.90.860.660.17
PAT to CFO Conversion(x)-0N/A2-3N/A
Working Capital Days
Receivable Days119.10184.60207.20310.401,179.30
Inventory Days76.80110.30108.40123.30612
Payable Days110.50177.10162.10232.801,040.20

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Polysil Irrigation Systems Ltd FAQs

The current trading price of Polysil Irr Systems on 01-Jan-1970 05:30 is ₹0.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of Polysil Irr Systems stood at ₹357.8 Cr

The latest P/E ratio of Polysil Irr Systems as of 31-Dec-1969 is 127.4.

The latest P/B ratio of Polysil Irr Systems as of 31-Dec-1969 is 5.79.

The 52-week high of Polysil Irr Systems is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Polysil Irr Systems is ₹45.58 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Polysil Irrigation Systems Ltd is a below average quality company.

The key valuation ratios of Polysil Irrigation Systems Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Polysil Irrigation Systems Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Polysil Irrigation Systems Ltd

Polysil Irrigation Systems, incorporated in 1985, is a fully integrated player within the drip irrigation and sprinkler irrigation sectors, with presence in micro irrigation industry. The company’s products are reckoned to meet high quality standards and its brand is associated with providing value-based irrigation solutions to its end customers and are subject to BIS standards. 

The company is engaged in manufacturing and sale of HDPE pipes, fittings and micro irrigation systems, such as drip irrigation system and sprinkler irrigation system, its components, accessories and allied products. As a manufacturer and seller of drip and sprinkler irrigation system its product range includes HDPE Pipes, pipe fittings and irrigation equipment’s, including disc filters, screen filters, hydro-cyclone filters, sand filters (gravel), compression fittings, valves (electrical and mechanicals), fertilizer tanks, Digital Controllers, Pressure Gauges, etc. The company sells these products under the brand ‘Polysil’.

The company sells its products through institution markets and open market sale. Under the open market sale, the company sells its products through distributors and dealers, who then resell the products to customers i.e. farmers. The company’s end customers are eligible to receive government subsidy, the process for disbursal of such subsidy is managed by its distributor / dealers and/or its customers. 

Polysil Irrigation Systems was originally incorporated as a private company in the name and style of ‘Silvassa Poly-Tex Industries (India) Private Limited’. Further, the name of the company was changed to ‘Silvassa Pipes Private Limited’ and then subsequently to ‘Polysil Irrigation Systems Private Limited’. The company was then converted into a public limited company and consequently upon conversion, the name of the company was changed to ‘Polysil Irrigation Systems Limited’.

Business area of the company 

The company, an ISO 9000 certified with ISI (Indian Standards Institute) marked products, is a recognized brand in Emitting Pipe, Lateral Pipe and HDPE Pipes being used in micro irrigation systems in India.

Products

  • Drip Irrigation
  • Sprinklers
  • Pipes & Tubing
  • Filters & Valves

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