Polar Industries Ltd - Stock Valuation and Financial Performance

BSE: 504288 | NSE: POLARIND | Consumer Durables - Domestic Appliances | Small Cap

BSE Share Price
Not Listed

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Polar Industries stock performance -

mw4me loader
P/E Ratio (SA):
1.12
Market Cap:
2.3 Cr.
52-wk low:
1.1
52-wk high:
1.1

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of Polar Industries:

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'03Mar'04Mar'05Sep'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12TTM
ROCE % 3.1%3.1%-4.2%-121.2%-44.3%436.3%64%8.4%-0.7%4.7%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 77.281.989.792.189.988.693.619.80.40.10
Sales YoY Gr.-6.1%9.5%2.7%-2.3%-1.5%5.7%-78.8%-97.8%-88.4%-
Adj EPS 0.4-1.6-6.7-40.9-20.4-8.4-11-2.20.1-1.71
YoY Gr.--463.6%NANANANANANANA-1770%-
BVPS (₹) 16.2156-37.5-146.6-56.1-64.2-46-43.6-46.2-45.5
Adj Net
Profit
0.5-1.8-9.2-55.8-27.8-15.3-20-4.70.2-3.52
Cash Flow from Ops. 4.53.2-0.6-9.1-0.19.8-10.40.46.3-2.5-
Debt/CF from Ops. 17.324.6-133.7-7.7-2596.88-7.289.64.9-13.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -55.8%-77.7%-91.9%-88.4%
Adj EPS -216%NANA-1770%
BVPS-212.4%NANANA
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'03Mar'04Mar'05Sep'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12TTM
Return on
Equity %
2.2-8-55.4274.217.316.318.84.5-0.23.7-2.1
Op. Profit
Mgn %
5-11.4-1.4-47.6-10.6-16-24.3-63.7-204.6-3322.697.5
Net Profit
Mgn %
0.6-2.2-10.2-60.6-31-17.2-21.3-23.749-6743.220776
Debt to
Equity
4.34.79.4-1.4-1-0.8-0.6-0.4-0.3-0.3-
Working Cap
Days
33935038220844821118654613,77492,6670
Cash Conv.
Cycle
1461351566765-46-152-1,000-21,460-3,6930

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

Net Profit has been subdued in last 3 years %

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

Latest Financials - Polar Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 1 -
TTM Sales (₹ Cr.) 0 -
BVPS (₹.) -45.5 -
Reserves (₹ Cr.) -118 -
P/BV -0.02 -
PE 1.12 -
From the Market
52 Week Low / High (₹) 1.05 / 1.10
All Time Low / High (₹) 1.05 / 125.00
Market Cap (₹ Cr.) 2.3
Equity (₹ Cr.) 21.2
Face Value (₹) 10
Industry PE 53.4

Management X-Ray of Polar Industries:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *100.00100.00100.0096.3096.30100.00100.00100.00100.00100.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Polar Industries

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'03Mar'04Mar'05Sep'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12
Sales77.2481.9289.67138.0844.9588.5893.6119.820.430.05
Operating Expenses 73.9091.4091.14205.0349.74104.50121.3132.801.334.99
Manufacturing Costs11.581210.8913.225.789.642.563.280.030.01
Material Costs47.6053.6462.43104.0736.0570.2381.5318.990.330.05
Employee Cost 6.156.366.509.934.1811.7312.133.240.340.15
Other Costs 8.5619.3811.3277.813.7312.8925.087.280.644.78
Operating Profit 3.34-9.47-1.47-66.95-4.79-15.91-27.69-12.98-0.90-4.94
Operating Profit Margin (%) 4.3%-11.6%-1.6%-48.5%-10.7%-18.0%-29.6%-65.5%-211.0%-9,397.4%
Other Income 1.5417.931.921.980.374.0512.5830.260.200.28
Interest 3.7677.3912.714.995.311.630.930.330.80
Depreciation 1.561.370.891.030.320.730.710.430.150.13
Exceptional Items 2.06000-13.749.242.9905.020
Profit Before Tax 1.620.09-7.84-78.72-23.47-8.67-14.4615.923.84-5.59
Tax 0.021.921.515.820.060.170.18000
Profit After Tax 1.60-1.83-9.34-84.54-23.53-8.84-14.6415.923.84-5.59
PAT Margin (%) 2.1%-2.2%-10.4%-61.2%-52.4%-10.0%-15.6%80.3%899.4%-10,635.7%
Adjusted EPS (₹)1.4-1.6-6.9-62.0-17.3-4.9-8.17.51.8-2.6
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'03Mar'04Mar'05Sep'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12

Equity and Liabilities

Shareholders Fund 23.3121.3111.82-72.87-96.45-99.02-113.81-96.73-91.81-97.43
Share Capital 11.3811.3813.8813.8813.8818.3818.3821.4521.4521.45
Reserves 11.939.93-2.06-86.75-110.34-117.40-132.19-118.18-113.26-118.89
Minority Interest0000000000
Debt78.1379.1079.48104.97102.6078.7674.4937.414.405.53
Long Term Debt78.1379.1079.48104.97102.6078.7674.4937.4100
Short Term Debt000000004.405.53
Trade Payables38.6943.764942.3249.9376.6976.8458.4253.6256.45
Others Liabilities -5.56-4.91-2.63416.4713.9221.4023.8650.8552.35
Total Liabilities 134.58139.26137.6778.4272.5570.3658.9222.9617.0716.90

Fixed Assets

Gross Block34.4735.0620.0421.6421.8122.3019.245.395.325.32
Accumulated Depreciation15.2216.579.768.689.019.608.301.791.952.12
Net Fixed Assets19.2518.4810.2812.9612.8012.7010.943.603.373.20
CWIP 27.4916.7217.350.091.0200000
Investments 3.662.652.812.062.061.040.910.270.080.08
Inventories15.2912.4615.3614.3018.9022.1011.181.230.890.87
Trade Receivables58.4762.706739.5428.4720.7915.750.690.260.23
Cash Equivalents 3.912.492.880.781.084.582.560.280.200.37
Others Assets6.5123.7621.998.678.219.1617.5916.8912.2712.15
Total Assets 134.58139.26137.6778.4272.5570.3658.9222.9617.0716.90

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'03Mar'04Mar'05Sep'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12
Cash Flow From Operating Activity 4.523.22-0.59-13.69-0.049.83-10.350.426.34-2.48
PBT -0.44-4.84-8.10-19.62-9.73-17.91-17.4515.923.84-5.59
Adjustment 6.337.519.2214.646.366.90-8.23-26.600.294.13
Changes in Working Capital -1.360.59-1.26-8.013.4720.8915.3311.092.2-1.02
Tax Paid -0.010.070.09-0.02-0.13-0.050000
Cash Flow From Investing Activity -1.750.313.97-2.21-1.022.1510.4631.870.720
Capex -1.23-0.793.96-2.31-1.021.5010.4231.570.040
Net Investments 0000.0800.640.040.290.680
Others -0.521.100.010.02000000
Cash Flow From Financing Activity -0.48-4.68-2.9214.161.54-8.50-2.14-34.56-7.142.65
Net Proceeds from Shares 00000003.0700
Net Proceeds from Borrowing 0-0.48-2.60-2.910.02-0.070.41-30.73-6.910.03
Interest Paid 0.62-6.46-4.34-7.42-1.16-4.95-2.08-1.11-0.421.50
Dividend Paid -0.02-0.02-0.01-0.01000000
Others -1.092.284.0324.512.67-3.48-0.47-5.790.191.12
Net Cash Flow 2.29-1.160.45-1.740.483.48-2.03-2.27-0.080.17
PARTICULARSMar'03Mar'04Mar'05Sep'06Mar'07Mar'08Mar'09Mar'10Mar'11Mar'12
Ratios
ROE (%)9.32-10.55-75.1N/AN/AN/AN/AN/AN/AN/A
ROCE (%)5.647.37-0.48N/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio0.640.670.71.340.631.291.470.520.020
PAT to CFO Conversion(x)2.83N/AN/AN/AN/AN/AN/A0.031.65N/A
Working Capital Days
Receivable Days25424024513426297701424051,682
Inventory Days6155533712881641079086,144
Payable Days2592202031384603293441,30000

Polar Industries Ltd Stock News

Polar Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Polar Industries 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 01-Jan-1970 05:30 the market cap of Polar Industries stood at ₹2.33.
The latest P/E ratio of Polar Industries as of 01-Jan-1970 05:30 is 1.12.
The latest P/B ratio of Polar Industries as of 01-Jan-1970 05:30 is -0.02.
The 52-week high of Polar Industries is ₹1.10 and the 52-week low is ₹1.05.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Polar Industries is ₹0.01 ( Cr.) .

About Polar Industries Ltd

Polar Industries was incorporated on June 19, 1982 at Calcutta, promoted by Sajjan Kumar Agarwal, Anil Kumar Agarwal and others. The company’s products are sold under the brand name -- Polar.

For 27 years, Polar has been ahead of it’s time. Setting yrends and exploring avenues that others have only followed -- a fact that is evident in the range of high quality fans that the brand offers.

From functional ceiling fans to those with the latest designs, created with cutting-edge technology. Indeed, the past quarter century is testimonial to Polar’s one aim -- to make and market and to suit every budget and every purpose.

There are but two authors of the Polar success story -- technological expertise and an overwhelming attention to detail. Competent to supply an impressive 1.8 million fans annually, Polar today offers the consumer a vast choice covering 113 designs! Polar’s in-house manufacturing capacity is an unbeatable 1.2 million fans. These are manufactured at the two well-equipped factories at Noida and Kolkata under stringent quality control and quality assurance systems.

That apart, Polar's dedicated vendors in India and China have helped enhanced it's manufacturing and supply capacity to 1.8 million fans. These vendors use state-of-the-art technology to create products that are of international standards, thereby enhancing Polar’s portfolio.

Polar has satisfied customers in places as far flung as the technology-savvy markets of France, Holland, UK and the USA -- and is the fastest growing brand in India.

At polar the emphasis has always been on giving the customer the best quality at the most reasonable prices.

Product range of the company includes:

The company  is mainly engaged into manufacturing of electrical equipments. It manufactures ceiling fan, FHP motors home appliances and lights.

  • Fan
  • Mixer
  • Food Processor
  • Toaster
  • Irons
  • Electric Kettle
  • Heaters
  • Water Heaters
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