Caprihans India Ltd - Stock Valuation and Financial Performance

BSE: 509486 | NSE: CAPRIHANS | Plastic Products | Small Cap

Caprihans India Share Price

150.45 -4.60 -2.97%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Caprihans India

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Caprihans India stock performance -

mw4me loader
P/E Ratio (SA):
3.36
Market Cap:
203.6 Cr.
52-wk low:
99
52-wk high:
266

Is Caprihans India Ltd an attractive stock to invest in?

1. Is Caprihans India Ltd a good quality company?

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

2. Is Caprihans India Ltd undervalued or overvalued?

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

3. Is Caprihans India Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Caprihans India 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 Caprihans India:

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.
Caprihans India Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 4.9%6.4%8.8%6.7%3.4%3%7.2%14%3%2.9%-
Value Creation
Index
-0.7-0.5-0.4-0.5-0.8-0.8-0.5-0NANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 242253239233249269289297798936724
Sales YoY Gr.-4.5%-5.5%-2.5%6.8%8.1%7.6%2.5%169.2%17.3%-
Adj EPS 45.37.4632.66.915.4-30.5-14.446.1
YoY Gr.-32.5%41.1%-18.7%-50.1%-13.3%165.9%121.3%-298.8%NA-
BVPS (₹) 82.886.191.497.198.599.5105.5121-232.3-73.6-99.5
Adj Net
Profit
5.26.99.87.943.49.120.2-40.1-18.961
Cash Flow from Ops. 6.713.715.2-7.81.2-2.79.98.39.5-52.9-
Debt/CF from Ops. 0000000071.7-12.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 16.2%30.4%47.9%17.3%
Adj EPS -215.4%-236.7%-227.5%NA
BVPS-198.7%-194.3%-188.7%NA
Share Price 15.2% 19.8% 23.9% 34.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
4.96.28.46.43.12.66.813.654.9-16.1-53.3
Op. Profit
Mgn %
3.34.36.95.42.61.94.77.77.36.49.5
Net Profit
Mgn %
2.22.74.13.41.61.33.26.8-5-28.4
Debt to
Equity
00000000-2.2-6.8-
Working Cap
Days
14415115814915515815716811514385
Cash Conv.
Cycle
10084708097105104108635712

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 47.90%

Return on Equity is Poor

Net Profit has been subdued in last 3 years -227.46%

Sales growth is not so good in last 4 quarters at -23.29%

Latest Financials - Caprihans India Ltd.

Standalone Consolidated
TTM EPS (₹) 46.1 -
TTM Sales (₹ Cr.) 724 -
BVPS (₹.) -99.5 -
Reserves (₹ Cr.) -144 -
P/BV -1.56 -
PE 3.36 -
From the Market
52 Week Low / High (₹) 99.00 / 266.00
All Time Low / High (₹) 7.30 / 266.00
Market Cap (₹ Cr.) 204
Equity (₹ Cr.) 13.1
Face Value (₹) 10
Industry PE 35.2

Management X-Ray of Caprihans India:

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 Caprihans India

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
Sales242253239233249269289297798936
Operating Expenses 234242223220242264278274740876
Manufacturing Costs37292827273134295173
Material Costs172177156153174189194200567673
Employee Cost 18202122232427265767
Other Costs 7161818182023196562
Operating Profit 81116136512235860
Operating Profit Margin (%) 3.3%4.3%6.9%5.4%2.6%1.9%4.0%7.6%7.3%6.4%
Other Income 445434581111
Interest 001111116960
Depreciation 434333443433
Exceptional Items 00-7200000127
Profit Before Tax 8111115651226-34105
Tax 34552136634
Profit After Tax 5751044920-4072
PAT Margin (%) 2.2%2.8%2.3%4.1%1.7%1.4%3.2%6.8%-5.0%7.7%
Adjusted EPS (₹)4.05.44.27.43.22.87.015.4-30.154.6
Dividend Payout Ratio (%)38%28%36%20%48%27%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 109113120128129131139159-305539
Share Capital 13131313131313131313
Reserves 96100107114116118125146-318526
Minority Interest0000000000
Debt00000000682654
Long Term Debt00000000529531
Short Term Debt00000000153123
Trade Payables1829362129273734146139
Others Liabilities 182744334733090
Total Liabilities 1451701601531611601792008531,421

Fixed Assets

Gross Block71732023293437398291,961
Accumulated Depreciation53573710131719373932
Net Fixed Assets17161616192120204561,029
CWIP 0010000011
Investments 0011010002
Inventories372738363937555613583
Trade Receivables5761535364736977205181
Cash Equivalents 21313832271927383113
Others Assets133415151399927111
Total Assets 1451701601531611601792008531,421

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 71415-81-310810-53
PBT 8111712651226-34-21
Adjustment 4111223-15828
Changes in Working Capital -272-15-4-8-2-15-10-59
Tax Paid -3-5-6-6-2-2-2-1-5-1
Cash Flow From Investing Activity -1-4-1814-79-911-38
Capex -1-3-5-1-5-6-1-4-312
Net Investments 00-1613-512-10-12-62
Others 0-1333226212
Cash Flow From Financing Activity -2-3-3-3-3-3-2-1-1589
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 000000000168
Interest Paid 00-1-1-1-1-1-1-19-30
Dividend Paid -2-2-2-2-2-2-1000
Others 000000004-49
Net Cash Flow 37-64-93-19-4-2
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)4.96.364.677.83.222.826.8313.6N/A0
ROCE (%)7.5610.099.812.324.944.089.5118.06N/A35.29
Asset Turnover Ratio1.861.761.591.631.641.691.721.571.530.83
PAT to CFO Conversion(x)1.423-0.80.25-0.751.110.4N/A-0.74
Working Capital Days
Receivable Days83787975829289896475
Inventory Days44424552535157684342
Payable Days37497668525360655877

Caprihans India Ltd Stock News

Caprihans India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Caprihans India on 28-Mar-2024 16:01 is ₹150.4.
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 28-Mar-2024 16:01 the market cap of Caprihans India stood at ₹203.6.
The latest P/E ratio of Caprihans India as of 28-Mar-2024 16:01 is 3.36.
The latest P/B ratio of Caprihans India as of 28-Mar-2024 16:01 is -1.56.
The 52-week high of Caprihans India is ₹266.0 and the 52-week low is ₹99.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Caprihans India is ₹724.4 ( Cr.) .

About Caprihans India Ltd

Caprihans India is a Public Limited company that became a part of EVC group in 1997. EVC was acquired by the INEOS group in 2001. Caprihans India Limited is today a part of the INEOS Films Group.

Caprihans India is one of the largest manufacturers of PVC Films in India and has got expertise of more than 35 years in this field. It manufacturers a wide variety of PVC films both Flexible & Rigid and also Sheets/Boards made from other polymers like ABS, PP, HDPE and Rigid PVC. The films are calendared while the sheets/Boards are extruded.

INEOS Films is one of the leading global manufacturers of high quality rigid PVC films. The company plays a major role in the world of pharmaceutical blister packaging, films for printing & decoration, shrink film for sleeves, capsules and plastic credit cards.

INEOS Films manufacturing and marketing activity is mainly concentrated in the production of rigid PVC and PVC-PE films and also includes the finishing of films in the form of coating, stentering, laminating and metallizing. The extrusion of PET and PET-PE films completes the product range and offers our customers a wide choice of high quality products.

Caprihans India has 4 calendaring lines, 3 extruder lines, 2 lamination and coating lines as also printing and embossing lines at its production units at Thane and Nasik, near Mumbai.

A series of computerized in-process controls ensures a high level of quality products to our customers. This along with continuous modernization and know-how exchange with INEOS group companies ensures that our customers get expert application support backed by experience and expertise of multi disciplinary teams.

The entire organization is focused towards customer satisfaction. This is ensured by an extensive network of branches and warehouses spread out at different geographical locations all over India and through agents in other countries.

Product range of the company:

The company offers a wide range of PVC films for all types of applications

Rigid PVC Films:

  • Pharma Packaging
  • Packaging Films
  • Specialties Films
  • INEOS Films Products

Flexible PVC Films

Extruded Sheets and Boards

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