MoneyWorks4Me

Parekh Platinum Ltd (PAREKHPLAT)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500323 NSE: PAREKHPLAT Diamond & Jewellery | Small Cap | Parekh Platinum Share Price

BSE Share Price
Not Listed

Parekh Platinum Ltd (PAREKHPLAT)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500323 NSE: PAREKHPLAT Diamond & Jewellery | Small Cap | Parekh Platinum Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹12 Cr.
Current Price
₹0
52-Week Low / High
₹2 / 2
TTM EPS
₹1.2
TTM Sales
₹9.3 Cr.
Book Value per Share
₹-56.8
P/E Ratio
1.74
Industry PE
53.7
Price to Book (P/B)
-0.04
Price to Sales (P/S)
1.35
EV/EBITDA
37.38
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
0.00%
Return on Capital Employed (ROCE)
-10.77%
Return on Assets (ROA)
-11.22%
Operating Profit Margin
-8.9%
Net Profit Margin
-279.93%
Gross Profit Margin
-45.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-23.87%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
70.67%
Pledged shares (%) of Promoter's holding (%)
9.39%
Reserves
₹-400 Cr.
Equity
₹59.9 Cr.
Face Value
₹10
All Time Low / High
₹1.72 / 134.00

Parekh Platinum stock performance

Key Ratios
mw4me loader

10 Year X-Ray :

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

Mar'00Mar'01Mar'02Dec'03Dec'04Mar'06Mar'07Mar'08Mar'09Mar'10TTM
ROCE % 11.3%8.2%-15.4%-33.5%-5.1%-74.1%-6.5%-10.7%-9.2%14.1%-

Growth Parameters

Sales 38054178522.792.49.613.910.19.37.110
Sales YoY Gr.-42.5%45.2%-97.1%307.9%-89.6%44.9%-27.3%-8.5%-23.9%-
Adj EPS 1.80.9-15.7-7.2-18.6-12.8-1.1-4.2-1.12.20.2
YoY Gr.--49.7%-1822%NANANANANANANA-
BVPS (₹) 3854.324.7-9.7-35.9-58.7-75.2-81.5-83.1-80-55.3
Adj Net
Profit
6.95.4-93.9-31.4-81-55.8-6.8-25.2-6.313.21
Cash Flow from Ops. 7.5-11.9-37.6-0.7-0.23.40.3-0.1-1-0.2-
Debt/CF from Ops. 13.1-15.6-6.6-313.2-1896.1104.31627.1-4589.4-446.2-2696.1-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -35.8%-40.2%-20.3%-23.9%
Adj EPS 2.2%NANANA
BVPS-208.6%NANANA
Share Price - - - -

Key Financial Parameters

Mar'00Mar'01Mar'02Dec'03Dec'04Mar'06Mar'07Mar'08Mar'09Mar'10TTM
Return on
Equity %
4.72.3-53.1-268.47229.42.17.41.8-3.7-0.4
Op. Profit
Mgn %
7.98.2-6.4-249.5-1-40.8-5.8-6.3-558.5-104.19.3
Net Profit
Mgn %
1.81-12-138.6-87.6-580.4-49-249.2-68186.715
Debt to
Equity
0.70.82.3-4.8-2.7-1.4-1.4-1.2-1.2-1.3-
Working Cap
Days
1462011381,7856455,3084,4665,8385,3355,6881,878
Cash Conv.
Cycle
4468591,012225971-796-1,019-1,230-2,750668

Valuation of Parekh Platinum - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.009.319.319.299.299.329.329.389.399.39
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'02Dec'03Dec'04Mar'06Mar'07Mar'08
Sales785.1932.8898.1012.0111.5810.11
Operating Expenses + 835.80132.56101.4117.1913.8815.12
Manufacturing Costs4.537.1057.971.521.101.03
Material Costs819.3295.0536.157.868.226.08
Employee Cost 3.132.662.852.581.941.96
Other Costs 8.8227.744.445.232.636.05
Operating Profit -50.60-99.68-3.30-5.19-2.30-5.01
Operating Profit Margin (%) -6.4%-303.0%-3.4%-43.2%-19.8%-49.6%
Other Income + 1.0970.780.052.700.260.23
Exceptional Items 0-69.970-134.4600
Interest 34.2644.1768.6019.100.050.04
Depreciation 10.538.3010.877.975.845.84
Profit Before Tax -94.30-151.34-82.72-164.01-7.93-10.66
Tax 0-46.8500.040.0217.64
Profit After Tax -94.30-104.48-82.72-164.05-7.95-28.30
PAT Margin (%) -12.0%-317.0%-84.3%-1,366.4%-68.7%-279.0%
Adjusted EPS (₹)-21.6-23.9-19.0-37.6-1.8-6.5
Dividend Payout Ratio (%)0%0%0%0%0%0%
PARTICULARSMar'02Dec'03Dec'04Mar'06Mar'07Mar'08

Equity and Liabilities

Shareholders Fund + 111.77-74.06-154.16-320.58-328.43-356.37
Share Capital 43.6443.6443.6443.6443.6443.64
Reserves 68.13-117.70-197.80-364.22-372.06-400.01
Debt +248.53357.73426.81441.04441.11441.04
Long Term Debt248.53357.73426.81441.04441.11441.04
Short Term Debt000000
Minority Interest000000
Trade Payables49.4028.8774.12132.51132.85129.30
Others Liabilities 41.9211.6214.0213.8413.8131.04
Total Liabilities 451.62324.16360.79266.81259.34245

Fixed Assets

Net Fixed Assets +188.91179.49168.9785.0579.4473.60
Gross Block236.01245.98246.62129.55129.60129.60
Accumulated Depreciation47.1166.4977.6544.4950.1656
CWIP 4.263.813.813.813.813.81
Investments 0.370.3500.010.010
Inventories109.2015.057.905.447.607.43
Trade Receivables56.7563.99119.2761.6560.3055.59
Cash Equivalents 6.490.830.760.720.850.65
Others Assets 85.6560.6260.07110.13107.33103.91
Total Assets 451.62324.16360.79266.81259.34245
PARTICULARSMar'02Dec'03Dec'04Mar'06Mar'07Mar'08
Cash Flow From Operating Activity + -37.62-1.14-0.224.220.29-0.11
PBT -40.56-84.11-79.98-29.55-7.93-10.66
Adjustment 44.0352.7381.0626.386.969.91
Changes in Working Capital 9.97100.520.1469.162.264.35
Tax Paid -1-0.20-0.36-1.0100
Cash Flow From Investing Activity + 0.87-2.98-0.370.59-0.210
Capex 0.30-3.05-0.720.57-0.21-0
Net Investments 0.05-00.35-0-00
Others 0.520.0700.0200
Cash Flow From Financing Activity + 30.471.670.53-4.850.04-0.09
Net Proceeds from Shares 0.0800000
Net Proceeds from Borrowing 63.731.670.53-4.850.07-0.07
Interest Paid -33.34000-0.03-0.02
Dividend Paid 000000
Others 00000-0
Net Cash Flow -6.27-2.45-0.07-0.040.12-0.20
PARTICULARSMar'02Dec'03Dec'04Mar'06Mar'07Mar'08
Ratios
ROE (%)-87.65N/AN/AN/AN/AN/A
ROCE (%)-16.86N/AN/AN/AN/AN/A
Asset Turnover Ratio1.740.090.290.040.050.04
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days26.30660338.702,6431,858.402,000.30
Inventory Days50.70679.2042.40194.90198.80259.40
Payable Days21.90149.80519.904,796.505,893.307,865.30

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Parekh Platinum Ltd FAQs

The current trading price of Parekh Platinum 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 Parekh Platinum stood at ₹12.46 Cr

The latest P/E ratio of Parekh Platinum as of 31-Dec-1969 is 8.79.

The latest P/B ratio of Parekh Platinum as of 31-Dec-1969 is -0.04.

The 52-week high of Parekh Platinum is ₹2.09 and the 52-week low is ₹1.98.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Parekh Platinum is ₹9.56 ( Cr.) .

Data is not available for this company.

No data found

No data found

About Parekh Platinum Ltd

Incorporated in 1979, Parekh Platinum Ltd. today commands a major share of Indian market through its constant ongoing, conscious efforts towards improvement. The industrial products include primary metals, catalysts, chemicals and engineering products of precious metals. The parent company has been in business of precious metal from more than forty years. The product range includes consumer as well as industrial products of precious metals.

With the experience of generations in Bullion Trade, Parekh family entered the precious metal industry in the segment of silver metal refining and chemicals manufacturing in 1974 under the name of Jyoti Refinery. With the perseverance and hard work, the group achieved the leadership position in a short span of 5 years. In 1979, the group diversified into capacitor materials. In-house developed silver conductor materials found overwhelming support from capacitor industries. Within 2 years period, capacitor material market in India was virtually monopolized. Parekh Platinum was formally incorporated as a private limited company in 1982 and it took over all existing businesses of erstwhile Jyoti Refinery. The most significant decision PPL made in 1983 was to plunge into Platinum Group Metal segment. Within five years, PPL commanded 60% of Indian business in the field of speciality products of platinum group metals.

Parekh Platinum (PPL) stands out distinctly as one of the leaders in the field of precious metals, chemicals, metallurgical technologies and jewellery, catering to a wide spectrum of customers. The company is distinguished by its commitment to success in advancing its technologies. Over  the  past  18 years, PPL's scientists and   engineers have  invented and revolutionized materials and processes used in the manufacture of  hundreds of  products critical to major industries and also towards betterment of the quality of daily lives.

Parekh Platinum has been updating its technology and product portfolio through in-house Research & Development as well as through technical collaboration. The in- house Research & Development is done by technocrats from the field of chemistry & engineering who provide solutions to all difficulties arising in dealing with precious metals.

PPL is setting up a 155 MET. Gold Refinery Project in technical collaboration with Argor Hereaus S.A., Switzerland. This is a backward integration project and will give Parekh Platinum a strong foothold in the global precious market trade.

Continuous upgradation of products & services for customer benefit is a company policy. To implement the policy, constant feedback is obtained from customers on   products & services provided and this is fed to the sales, production and research & development teams for improving products & services.

Product range of the company includes:

  • Jewellary Products
  • Gold Coin Medallion & Bullion
  • Finished Products
  • Chain Products

Industrial Products:

  • Precious Metal & Alloys
  • Precious Metal Catalysts
  • Precious Metal Chemicals    
  • Precious Metal Engineering-Products
  • Precious Metal Recovery & Refinery Services

Semi Finished Products:

  • Pre/Master Alloys  
  • Findings      
  • Powder & Pastes
  • Strips 
  • Calander Bangles   
  • Calander Earrings
  • Wires  
  • Tubogas    
  • Tube Pieces
  • Semi Finished Bangles     
  • Knurl Tubes
You have 47 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now