APT Packaging Ltd - Stock Valuation and Financial Performance

BSE: 506979 | NSE: | Plastic Products | Small Cap

Apt Packaging Share Price

43.90 1.90 4.52%
as on 26-Apr'24 13:27

DeciZen - make an informed investing decision on Apt Packaging

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APT Packaging stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
22.1 Cr.
52-wk low:
23.6
52-wk high:
48.7

Is APT Packaging Ltd an attractive stock to invest in?

1. Is APT Packaging Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that APT Packaging Ltd is a average quality company.

2. Is APT Packaging Ltd undervalued or overvalued?

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

3. Is APT Packaging Ltd a good buy now?

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

10 Year X-Ray of Apt Packaging:

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.
APT Packaging Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 1.1%-0.1%15%11.4%7.9%5.8%-0.4%2.9%-11.9%-1.8%-
Value Creation
Index
NANA0.1-0.2-0.4NANANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 28.225.831.234.836.22717.816.612.814.214
Sales YoY Gr.--8.3%20.9%11.5%4%-25.5%-33.9%-6.8%-22.9%11.1%-
Adj EPS -5.4-6.24.530.8-0.5-3.9-1.7-6.7-3.2-4.5
YoY Gr.-NANA-33.6%-72%-154.2%NANANANA-
BVPS (₹) -10.9-16.5-11.9-9-8.1-8.6-8.2-1.9-7.3-6.1-11.2
Adj Net
Profit
-2.8-3.32.41.60.4-0.2-2.1-0.9-3.5-1.7-2
Cash Flow from Ops. -0.713.43.42.12.80.20.9-0.60.3-
Debt/CF from Ops. -62.841.9111117.211.8174.425.5-31.571.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -7.3%-17.1%-7.3%11.1%
Adj EPS NA-230.7%NANA
BVPSNANANANA
Share Price - - - 18.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
65.248.8-33.8-31.5-11.16.252.843186.855.952.2
Op. Profit
Mgn %
12.113.820.219.213.513.85.26.8-3.85.2-3.4
Net Profit
Mgn %
-10.1-12.67.54.51.2-0.9-11.5-5.5-27.4-11.8-17
Debt to
Equity
-8.1-5-6.6-8.8-9.5-8.2-7.7-49.7-6-7.7-
Working Cap
Days
14113610911012215623018319118068
Cash Conv.
Cycle
42392733393481757970-37

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 52.20%

Sales growth has been subdued in last 3 years -7.25%

Sales growth is not so good in last 4 quarters at 1.72%

Latest Financials - APT Packaging Ltd.

Standalone Consolidated
TTM EPS (₹) -4.5 -5.4
TTM Sales (₹ Cr.) 14 19.5
BVPS (₹.) -11.2 0
Reserves (₹ Cr.) -11 -1
P/BV -3.75 0.00
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 23.64 / 48.73
All Time Low / High (₹) 0.75 / 109.25
Market Cap (₹ Cr.) 22.1
Equity (₹ Cr.) 5.3
Face Value (₹) 10
Industry PE 36.9

Management X-Ray of Apt Packaging:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Apt Packaging

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales28.1725.8231.2234.8136.2026.9617.8216.6112.8014.22
Operating Expenses 24.9122.2924.9028.1131.3323.2516.9015.4913.2813.48
Manufacturing Costs6.365.256.467.397.416.214.214.573.262.80
Material Costs11.2810.2711.5412.8913.1310.968.437.246.235.27
Employee Cost 3.603.643.413.764.173.832.631.942.073.01
Other Costs 3.663.123.494.076.632.251.631.741.722.41
Operating Profit 3.273.536.326.704.873.710.921.12-0.480.74
Operating Profit Margin (%) 11.6%13.7%20.2%19.2%13.4%13.7%5.2%6.8%-3.8%5.2%
Other Income 0.640.462.260.580.981.281.101.250.251.42
Interest 4.614.623.603.063.012.832.782.291.731.94
Depreciation 2.752.652.582.662.412.412.232.501.761.38
Exceptional Items 1.780000.0203.215.040.880
Profit Before Tax -1.68-3.262.411.550.45-0.260.222.63-2.85-1.16
Tax 0000000000
Profit After Tax -1.68-3.262.411.550.45-0.260.222.63-2.85-1.16
PAT Margin (%) -6.0%-12.6%7.7%4.4%1.2%-0.9%1.2%15.8%-22.3%-8.2%
Adjusted EPS (₹)-3.2-6.24.62.90.9-0.50.45.0-5.4-2.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund -5.18-8.14-5.74-4.19-3.74-3.99-3.77-0.45-3.30-2.68
Share Capital 5.805.805.805.805.805.805.805.805.805.80
Reserves -10.99-13.95-11.54-9.99-9.54-9.80-9.57-6.25-9.10-8.49
Minority Interest0000000000
Debt36.4430.5535.0733.3630.9227.4525.8420.2018.2613.83
Long Term Debt27.5323.2328.4626.6923.9621.8320.8517.1314.9210.96
Short Term Debt8.917.326.606.686.975.624.993.073.342.88
Trade Payables4.884.474.464.125.425.723.072.302.472.08
Others Liabilities 6.6511.764.095.276.567.545.213.583.078.05
Total Liabilities 42.7838.6437.8838.5639.1736.7230.3625.6320.5021.28

Fixed Assets

Gross Block55.7253.5554.1756.7257.1657.3155.2850.8249.1243.46
Accumulated Depreciation22.5322.6826.0328.7631.0833.4934.1334.0234.5630.30
Net Fixed Assets33.1930.8728.1427.9626.0923.8221.1516.8114.5713.15
CWIP 0000000000
Investments 0.030.030.030.030.030.040.040.040.030.13
Inventories2.672.562.563.052.883.252.411.761.052.07
Trade Receivables6.024.585.515.447.266.484.583.543.893.20
Cash Equivalents 0.400.420.340.290.310.320.382.140.240.16
Others Assets0.460.181.301.792.602.801.801.350.732.57
Total Assets 42.7838.6437.8838.5639.1736.7230.3625.6320.5021.28

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -0.670.983.443.372.062.790.170.88-0.630.29
PBT -1.68-3.262.411.550.45-0.260.222.63-2.85-1.16
Adjustment 5.587.266.175.725.405.241.79-0.272.602.38
Changes in Working Capital 0.041.59-1.54-0.84-0.780.640.930.821.36-0.96
Tax Paid 0000000000.03
Cash Flow From Investing Activity -0.01-0.34-0.48-2.59-0.52-0.153.656.951.260.35
Capex -0.01-0.34-0.48-2.60-0.52-0.153.656.931.24-0.19
Net Investments 00000-0.01000.010.59
Others 00000000.020.02-0.05
Cash Flow From Financing Activity 0.42-0.62-3.03-0.83-1.52-2.63-3.77-6.06-2.54-0.72
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -0.141.51-1.41-1.13-1.89-0.63-1.78-0.83-2.81-3.96
Interest Paid 000000000-1.87
Dividend Paid 0000000000
Others 0.56-2.13-1.630.300.37-1.99-1.98-5.240.275.11
Net Cash Flow -0.260.02-0.07-0.060.020.010.061.76-1.90-0.08
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
ROCE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio0.630.630.820.910.930.820.530.590.550.68
PAT to CFO Conversion(x)N/AN/A1.432.174.58N/A0.770.33N/AN/A
Working Capital Days
Receivable Days7675595764811138910691
Inventory Days41373029303658464040
Payable Days171166141122133186190136140158

APT Packaging Ltd Stock News

APT Packaging Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Apt Packaging on 26-Apr-2024 13:27 is ₹43.90.
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 26-Apr-2024 13:27 the market cap of Apt Packaging stood at ₹22.11.
The latest P/E ratio of Apt Packaging as of 26-Apr-2024 13:27 is 0.00.
The latest P/B ratio of Apt Packaging as of 26-Apr-2024 13:27 is -3.75.
The 52-week high of Apt Packaging is ₹48.73 and the 52-week low is ₹23.64.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Apt Packaging is ₹14.00 ( Cr.) .

About APT Packaging Ltd

Apt Packaging was incorporated in June1980 as Anil Chemicals Pvt Ltd and was converted into a public limited company in 1985. It acquired the present name- Apt Packaging Ltd- in January 1996.

Business of the company:

Apt Packaging, division of Anil Chemicals and Industries Limited, is the pioneer and the largest manufacturer of Co-extruded   Seamless Plastic tubes in India. In 1997 the company’s tube division started its production and since then the company has remained leader in this segment of business and have maintained more than 50% share in domestic market. The company offer variety of shapes and sizes of tubes in different colors ranging from 10 ml to 300 ml fill size, with different dispensation of   nozzles and orifices along with matching caps and variety of decoration. These tubes are used for packing of Personal Care Products, Toiletries, Toothpaste, Cosmo Pharmaceuticals and Food Products etc.

After gaining experience in the domestic markets the company started exports with humble beginning in the year 2002, since then its exports are continuously on increase because the company more than compensates its offshore customers for their physical distance by its quick response, short lead periods and consistent quality. At present about 45% of the company’s capacity is exported to the customers in USA, Europe, Middle East and African continents.

State-of-the-art technology, experienced personnel and good manufacturing practices enables the company to produce tubes of international   standard. Further, the company’s technological superiority and its continuous up- gradation combined with its focus to the customers need have always given the company the edge to earn the customer's confidence.

The company has recently launched two new products. Firstly, Oriented Flip Top Tube, which is the latest trend in cosmetics industry. The major advantage of this tube is that the opening of the flip top matches with the centre of the tube. This improves the aesthetic appeal of the product tremendously. The company provide oriented flip top caps in dia 35mm and dia 50mm.Secondly, Comb Tube, which can be a big marketing tool for Hair Gel and Hair color companies as the use of hands will no more be needed.

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