Dutron Polymers Ltd Stock Analysis

BSE: 517437 | NSE: | Plastic Products | Small Cap

BSE Share Price Jan 24, 18:01
197.90 0.00 (0.00%)

DeciZen - Make an Informed Decision on Dutron Polymers

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity See How?

1. Quality

2. Valuation

Somewhat overvalued
P/E P/S EV/EBITDA

3. Price Trend

Semi Strong

FAQ's

1. Is Dutron Polymers Ltd a good quality company?

Data is not available for this company.

2. Is Dutron Polymers Ltd undervalued or overvalued?

The key valuation ratios of Dutron Polymers Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Dutron Polymers Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Dutron Polymers Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Dutron Polymers:

Analysis of Financial Track Record

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.

Value Creation

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 7.8%7.9%8%7%9.9%9%8.3%8.1%8.1%9.2%-
Value Creation Index -0.4-0.4-0.4-0.5-0.3-0.4-0.4-0.4-0.4-0.3-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 56.174.87681.910487.19710689.294.4109
YoY Gr. Rt. %-33.3%1.6%7.7%27.1%-16.3%11.4%9.6%-16.2%5.8%-
Adj EPS 1.71.92.11.83.33.1332.83.54.7
YoY Gr. Rt. %-14.3%8.3%-12%78.7%-6.7%-1%0%-8.6%26.8%-
BVPS (₹) 22.823.123.523.925.526.828.12831.834.737.4
Adj Net Profit 11.21.31.121.81.81.81.72.13
Cash Flow from Ops. 2.72.40.9-0.74.43.2-58.23.24.9-
Debt/CF from Ops. 3.24.612.6-18.93.44.9-4.624.62.7-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales 6%-1.9%-0.9%5.8%
Adj EPS 8.5%1.4%5%26.8%
BVPS 4.86.37.29.1
Share Price 23.6% 5.3% 12% 51%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 7.38.28.87.613.111.510.910.69.210.512.9
Op. Profit Mgn % 6.95.35.14.65.26.45.44.65.25.45.1
Net Profit Mgn % 1.81.51.61.31.92.11.91.71.92.22.6
Debt to Equity 0.60.80.81111.310.80.60.3
Working Cap Days 1259799103819710311111511085
Cash Conv. Cycle 746677806680871001009067

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 12.90%

Debt to equity has declined versus last 3 years average to 0.64

Sales growth is good in last 4 quarters at 38.64%

Sales growth has been subdued in last 3 years -0.92%

Net Profit has been subdued in last 3 years 5.04%

Latest Financials - Dutron Polymers Ltd.

Standalone Consolidated
TTM EPS (₹) 4.7 -
TTM Sales (₹ Cr.) 109 -
BVPS (₹.) 37.4 -
Reserves (₹ Cr.) 16 -
P/BV 5.29 -
PE 42.48 -
From the Market
52 Week Low / High (₹) 124.00 / 273.00
All Time Low / High (₹) 3.73 / 273.00
Market Cap (₹ Cr.) 119
Equity (₹ Cr.) 6
Face Value (₹) 10
Industry PE 24.3

Management X-Ray of Dutron Polymers :

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

Analyst's Notes

News

About Dutron Polymers Ltd

Dutron Polymers was founded in 1962. The company is a pioneer of PVC hose pipes in India. Beginning with a modest plastic pipe manufacturer, Dutron went on to procure world specialist Kanaflex PVC hose pipe manufacturing know-how. Later on, during the 1980s, it started manufacturing of PVC braided hoses, flat delivery hoses, Corrugated pipes and plastic sheets. And further ahead, its product portfolio expanded with international standard HDPE/MDPE/PP pipe systems, uPVC pipes and fittings during the 1990s. Today, Dutron is the largest manufacturer of PVC hoses and one of the largest manufacturers of plastic pipe systems in India. Dutron’s products are manufactured using world class technologies from Totaku Industries Inc, Osaka, Japan for Dutron Kanaflex PVC reinforced hose pipes; and Wavin Overseas B V, the Netherlands for Poly Ethylene (PE) pipe systems and uPVC pipes and fittings. Dutron's manufacturing plants are located at three places in India’s industrial state of Gujarat: Vatva in Ahmedabad, Bharuch and the state-of-the-art plant at Kheda. The company offers plastic products for all types of piping applications in several markets such as -- civil – irrigation, drainage, sewer and gardening industries – chemicals, effluents, air and food utilities – water, gas, cable ducting building – soil, waste & rain water (SWR), Plumbing.

Products & Services Offered:

Braided hose which includes braided hose pipes, spray/CW power/rock dill dose, transparent (high pressureair/pneumatic) hose, gas weild hose, super car washing hose, water hose/garden Hose

HDPE pipe sysytem includes HDPE  fittings, HDPE pipe system, HDPE/ MDPE//Pp pipes.

Suction and delivery hose includes duct hose, M.D green , oil hose, heavy-duty hose, non-toxic, suction and delivery hose pipes

Other products includes flat/Kisan hose

Awards & Achievements:-

Dutron’s presence in the international markets of many Gulf countries including UAE, Saudi Arabia, Muscat, Qatar, Bahrain, Kuwait and also in Indonesia, Sri Lanka and several countries in Africa speaks of its level of product quality and services. Dutron’s dealers in India are spread across almost every town throughout the country. The company has received several export awards from PLEXCONCIL of India in the past. It has achieved ISO 9001:2000 certification and is a BSE listed public company since 1994.

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