Prima Plastics Ltd Stock Analysis

BSE: 530589 | NSE: | Plastic Products | Small Cap

BSE Share Price 27-Jan-2023 18:01
97.00 0.50 (0.52%)

DeciZen - Make an Informed Decision on Prima Plastics

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

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

Prima Plastics Price Chart

P/E Ratio ( SA) :
0.00
Market Cap :
106.7 Cr.
52-wk low :
75.1
52-wk high :
110
Bole Toh?

1. Is Prima Plastics Ltd a good quality company?

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

2. Is Prima Plastics Ltd undervalued or overvalued?

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

3. Is Prima Plastics Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Prima Plastics 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 Prima Plastics:

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.
Prima Plastics 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'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 8.3%9.1%8.2%19.7%17.6%11.2%7.1%3.6%5.9%-0.1%-
Value Creation Index -0.4-0.4-0.40.40.3-0.2-0.5-0.8-0.6-1.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 71.178.886.39484.394.111198.791.5111126
YoY Gr. Rt. %-10.9%9.5%8.9%-10.4%11.7%18.4%-11.4%-7.3%21%-
Adj EPS 2.93.338.58.874.51.84.1-1.5-0.6
YoY Gr. Rt. %-12.6%-9.1%182.3%3.3%-20.1%-35.2%-60%124.3%-137.2%-
BVPS (₹) 36.938.638.644.953.75860.66063.96160.4
Adj Net Profit 3.23.63.39.39.67.7524.5-1.7-1
Cash Flow from Ops. 1.4-2.87.26.5-0.9-17.1-0.519.12.6-7-
Debt/CF from Ops. 3.2-3.60.50.1-5.6-1.7-63.11.17.9-7.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 5.1%5.6%-0.2%21%
Adj EPS -192.9%-170.4%-169.3%-137.2%
BVPS 5.72.60.2-4.5
Share Price 21.8% -15.1% 21% -5.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 8.18.77.820.317.812.57.636.6-2.4-1
Op. Profit Mgn % 2.28.5511.110.610.45.96.56.834.5
Net Profit Mgn % 4.54.63.89.911.48.24.524.9-1.5-0.5
Debt to Equity 0.10.20.100.10.50.50.30.30.80.2
Working Cap Days 187181162136161211231248247235175
Cash Conv. Cycle 11411212010511413314616416416047

Recent Performance Summary

Sales growth is good in last 4 quarters at 28.45%

Return on Equity is Poor

Sales growth has been subdued in last 3 years -0.21%

Net Profit has been subdued in last 3 years -169.34%

Latest Financials - Prima Plastics Ltd.

Standalone Consolidated
TTM EPS (₹) -0.6 8.3
TTM Sales (₹ Cr.) 126 170
BVPS (₹.) 60.4 113.1
Reserves (₹ Cr.) 55 113
P/BV 1.61 0.86
PE 0.00 11.75
From the Market
52 Week Low / High (₹) 75.10 / 110.00
All Time Low / High (₹) 2.25 / 315.00
Market Cap (₹ Cr.) 107
Equity (₹ Cr.) 11
Face Value (₹) 10
Industry PE 19.9

Management X-Ray of Prima Plastics :

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 Prima Plastics

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Prima Plastics Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Prima Plastics on 27-Jan-2023 18:01 is : 97.00.
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 27-Jan-2023 18:01 the market cap of Prima Plastics stood at ₹ 106.7.
The latest PE ratio of Prima Plastics as of 27-Jan-2023 18:01 is 0.00.
The latest PB ratio of Prima Plastics as of 27-Jan-2023 18:01 is 1.61
The 52-week high of Prima Plastics is ₹ 110.0 and the 52-week low is ₹ 75.10.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Prima Plastics is ₹ 125.8 ( Cr.) .

About Prima Plastics Ltd

Prima Plastics incorporated in 1993, is one of the leading exporters of plastic moulded furniture from India. With its state of the art production facilities situated at Daman, it has a phenomenal range and variety of products.

The company entered in aluminium composite panel (ACP) market in the year 2006-07 and from then it is making efforts to cater the real estate market and in process established as brand ‘Aluma’.

The complete range of items from chairs, dining tables, stools, baby chairs etc have been manufactured using the latest imported machinery and moulds. Prima is known for its international quality products, unmatched range of colours, unique and innovative designs, luster finish etc.

The company owns 42 models of plastic moulded chairs, 8 models of stools, 8 models of baby chairs, 3 models of dining tables, 4 models of teapoys, 4 models of center teapoy, 6 model of trolley, 2 model of planters, 2 models of rocker chairs, 2 models of shoe rack and fridge stand.

Products

  • Chairs
  • Stool
  • Baby Chairs
  • Dining tables
  • Teapoys
  • Trolley
  • Others such as planters, shoe rack, fridge stand and baby rocker

Awards and Recognition

Prima Plastics bagged ‘Top Exports Award’ for five consecutive years starting from 1996 onwards.

The Company has won 11 top export awards from Plexcouncil of India in last 12 years which itself speaks of its performance on export front.

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