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Essen Speciality Films Ltd (ESFL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: ESFL Plastic Products | Small Cap | Essen Speciality Fi Share Price

BSE Share Price
Not Listed

Essen Speciality Films Ltd (ESFL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: ESFL Plastic Products | Small Cap | Essen Speciality Fi Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹301 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹-1.6
TTM Sales
₹163 Cr.
Book Value per Share
₹59
P/E Ratio
0.00
Lower than its 5-year historical median
Industry PE
39
Price to Book (P/B)
2.05
Lower than its 5-year historical median
Price to Sales (P/S)
1.84
Lower than its 5-year historical median
EV/EBITDA
170.89
Higher than its 5-year historical median
Dividend Yield
0.23%
Profitability Efficiency
Return on Equity (ROE)
7.90%
Outperforms industry median
Return on Capital Employed (ROCE)
11.54%
Outperforms industry median
Return on Assets (ROA)
6.79%
Operating Profit Margin
12.2%
Net Profit Margin
6.77%
Gross Profit Margin
12.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
21.25%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-8.91%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-17.77%
Asset Quality
Promoter Holding
70.85%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹122 Cr.
Equity
₹24.8 Cr.
Face Value
₹10
All Time Low / High
- / -

Essen Speciality Films 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 Essen Speciality Films Ltd a good quality company?
Essen Speciality Films Ltd is a average quality company, based on a somewhat consistent 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 Essen Speciality Films Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Essen Speciality Films Ltd vs industry peers?
Essen Speciality Films Ltd revenue CAGR is 18.87%, compared to the industry median CAGR of 4.71%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Essen Speciality Films Ltd?
Promoters hold 70.85% of the Essen Speciality Films Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Essen Speciality Films Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of -68.54% 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.
Essen Speciality Films Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 18%18.2%10.8%18.8%17.4%11.5%-
Value Creation
Index
0.30.3-0.20.30.3-0.2-

Growth Parameters

Sales 72.995.8117119143173163
Sales YoY Gr.-31.4%22.6%1.7%19.5%21.3%-
Adj EPS 4.14.72.47.25.64.7-1.6
YoY Gr.-14.9%-48.4%195.1%-21.6%-16.4%-
BVPS (₹) 31.234.937.644.557.661.759
Adj Net
Profit
7.99.14.713.81411.7-4
Cash Flow from Ops. 7.38.4-6.925.3-2.9-12.5-
Debt/CF from Ops. 0.61.8-3.70.30-1.4-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NA18.9%13.8%21.3%
Adj EPS NA2.8%24.6%-16.4%
BVPSNA14.6%17.9%7.1%
Share Price - - - -68.4%

Key Financial Parameters

Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
13.114.26.717.512.27.9-2.7
Op. Profit
Mgn %
19.919.410.717.216.512.2-4.4
Net Profit
Mgn %
10.89.4411.59.86.8-2.5
Debt to
Equity
0.10.20.40.100.10.1
Working Cap
Days
0162191199170203244
Cash Conv.
Cycle
05575100114149162

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales7396117119143173
Operating Expenses + 587710599120152
Manufacturing Costs91516211930
Material Costs364871587584
Employee Cost 8912121623
Other Costs 45681015
Operating Profit 151913202321
Operating Profit Margin (%) 19.9%19.4%10.7%17.1%16.2%12.2%
Other Income + 111133
Exceptional Items 000000
Interest 113322
Depreciation 364456
Profit Before Tax 11127151916
Tax 332154
Profit After Tax 895141412
PAT Margin (%) 10.9%9.5%4.4%11.9%10.0%6.8%
Adjusted EPS (₹)4.14.82.77.45.74.7
Dividend Payout Ratio (%)31.40%21.90%0%0%10.90%21.20%

Valuation of Essen Speciality Fi - 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'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 60677285143153
Share Capital 1116162125
Reserves 59665669122128
Debt +415266017
Long Term Debt004300
Short Term Debt415223017
Minority Interest000000
Trade Payables3131310410
Others Liabilities 8988512
Total Liabilities 76104119110153192

Fixed Assets

Net Fixed Assets +414144434144
Gross Block647077797887
Accumulated Depreciation232933363742
CWIP 000000
Investments 000013
Inventories91632304074
Trade Receivables81414171924
Cash Equivalents 211453825
Others Assets 162323131322
Total Assets 76104119110153192

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 78-725-3-12
PBT 895151916
Adjustment 7108544
Changes in Working Capital -6-7-179-20-28
Tax Paid -2-4-2-3-5-5
Cash Flow From Investing Activity + -2-8-3-3-28-6
Capex -2-8-7-2-1-14
Net Investments 005-1-296
Others -000013
Cash Flow From Financing Activity + -688-223514
Net Proceeds from Shares 0000430
Net Proceeds from Borrowing -004-0-30
Interest Paid -1-1-3-3-2-2
Dividend Paid -3-2000-2
Others -2117-19-317
Net Cash Flow -08-204-4

Financial Ratio

PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)13.2714.397.4218.0312.477.9
ROCE (%)18.0118.210.7618.8217.4411.54
Asset Turnover Ratio0.961.061.051.051.091
PAT to CFO Conversion(x)0.880.89-1.41.79-0.21-1
Working Capital Days
Receivable Days38.4041.7044.5047.8046.3045.50
Inventory Days44.7047.6074.9095.1089.40120.10
Payable Days28.4058.606572.3035.9030.80

Management X-Ray

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 (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Essen Speciality Films Ltd FAQs

The current trading price of Essen Speciality Fi 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 Essen Speciality Fi stood at ₹300.6 Cr

The latest P/E ratio of Essen Speciality Fi as of 31-Dec-1969 is 0.00.

The latest P/B ratio of Essen Speciality Fi as of 31-Dec-1969 is 2.05.

The 52-week high of Essen Speciality Fi is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Essen Speciality Fi is ₹163 ( Cr.) .

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

The key valuation ratios of Essen Speciality Films Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

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

About Essen Speciality Films Ltd

The company was incorporated on August 14, 2002 as ‘Essen Speciality Films Private Limited’, a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation issued by the Assistant Registrar of Companies, Gujarat, Dadra and Nagar Haveli. Subsequently, The company was converted into a public limited company pursuant to a resolution passed by its Shareholders at an extraordinary general meeting held on December 31, 2022 and consequently the name of the company was changed to ‘Essen Speciality Films Limited’ and a fresh certificate of incorporation dated January 3, 2023 was issued by the Registrar of Companies, Gujarat at Ahmedabad.

It is a manufacturer and exporter of specialized plastic products in the home improvement and home furnishing industry, to renowned multinational modern trade retailers, such as IKEA, Walmart, Kmart, Bed Bath & Beyond, Rusta, Runsven, Kohl’s, Kroger etc. The company has been recognized as a ‘two star export house’ by Ministry of Commerce & Industry, Government of India. It has also been exclusive global supplier of IKEA for certain of its products, since incorporation. It was awarded with the awards of ‘Best Supplier of the Year’, by IKEA. It operates a fully-integrated, sustainable and technologically advanced manufacturing unit, which has been certified to be compliant with the requirements of ISO 9001:2015. The company is part of the Rajoo Group, which is headed by its promoter group company and Group Company, Rajoo Engineers Limited (REL). Rajoo Engineers Limited is listed on the BSE Limited since October 24, 1994. The company is promoted by one of the Promoters of REL, namely Khushboo Chandrakant Doshi. REL is global player in plastic extrusion machinery, catering to many countries across the globe. REL designs, manufactures and services mono to seven layer upward and downward blown film line for barrier and non-barrier applications along with extrusion coating and lamination line, mono to five layer sheet extrusion system for barrier and non-barrier sheet along with multi-station thermoforms. 

Its product portfolio can broadly be classified into seven categories, namely, bath area, kitchen & dinning, home decor, storage and organization, fitness and lifestyle, outdoor and utility and customized products, which include plastic films, Spa slippers, Baby shower caps, green-house gutter sheet etc. It market and sell its products predominantly under three brands; ‘Draperi’ for shower curtains, ‘Runner’ for shelf liners and ‘Paperi’ for artificial plants and placemats. Owing to the multipurpose nature of its products, its customer base is diversified and spread across various industries, including but not limited to home furnishing, home decor, departmental stores, discount retailers, hypermarkets, hardware and home improvement, office supplies stores, agricultural and medical industry and international importers and wholesale distributors.

Business area of the company 

It is a manufacturer and exporter of specialized plastic products in the home improvement and home furnishing industry to renowned multinational modern trade retailers, such as IKEA, Walmart, Kmart, Bed Bath & Beyond, Rusta, Runsven, Kohl’s, Kroger etc.

Products of the company 

Bath area

  • PEVA shower curtains and liners
  • Shower curtain accessories
  • Bath Tub and Shower Mats

Kitchen & Dining

  • Chopping board
  • Table cloth with non-woven backing
  • Disposable party table cover
  • EVA foam placemats and coasters
  • PP placemats

Home decor

  • Artificial plant
  • Artificial flowers

Storage and organization

  • Shelf liners/ Drawer liners
  • Desk mat
  • Yoga mats
  • Interlocking foam tiles
  • Kid's puzzle mats

Outdoor and utility

  • Tarp / Tarpaulin
  • Vehicle covers
  • Pond liner
  • Rain gear & poncho

Customized Products

  • Delivery bag
  • Reusable shopping bags
  • Spa slippers
  • Baby shower caps
  • Plant pots
  • Bottle carrier
  • Films/ Rolls

Awards, accreditations or recognitions

  • 2006: The company received the title of Supplier of the year from IKEA.
  • 2009: The company received the title of Supplier of the year from IKEA.
  • 2016: The company received a certificate from Walmart India recognising its significant contribution towards its goal of incrementally increasing sourcing from women owned businesses.
  • 2017: The company received a memory of appreciation from Indian Plastics Institute in recognition of its valued participation at Innovation Pavilion.

History and milestone 

  • 2002: The company was incorporated under the name of Essen Speciality Films Private Limited’, a private limited company under the Companies Act, 1956.
  • 2002: The company commenced commercial production of desk-mats.
  • 2008: The company expanded its product portfolio by manufacturing expanded polystyrene foam disposables and commenced its commercial production on September 20, 2008.
  • 2014: The company expanded its operations by manufacturing dining table mats, coasters, yoga mats and inner shoe soles through compression molding process.
  • 2018: The company started commercial production of artificial plants through injection molding process.
  • 2020: The company received certificate of registration for its manufacturing unit being compliant with the requirement of ISO 9001:2015 quality management system from Quality Research Organisation.
  • 2022: Certificate granted in accordance with STANDARD 100 by OEKO-TEX allowing the company to use STANDARD 100 OEKO-TEX mark.
  • 2022: The company received scope certificate from CU Inspections & Certifications India Private Limited certifying that the company has been audited and found to be in conformity with the Global Recycled Standard (GRS) - Version 4.0.
  • 2022: The company received certificate from CU Inspections & Certifications India Private Limited certifying that certain of its product categories are compliant with Global Recycled Standard (GRS) - Version 4.0.
  • 2022: The company received certificate from CU Inspections & Certifications India Private Limited certifying that certain of its product categories are compliant with Recycled Claim Standard (RCS) - Version 2.0.
  • 2023 The company was converted into a public limited company and consequently the name of the Company was changed to ‘Essen Speciality Films Limited’.

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