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Polygenta Technologies Ltd Stock Analysis

Small Cap
Evaluated by 38 users | BSE: 514486 | NSE: |
Textile - Spinning
Polygenta Technologies incorporated 1981, is an integrated producer and processor of multi-filament polyester textured yarn.From a modest beginning as a texturizing company Polygenta took a bold step to adopt a new way for polyester production applying a novel technology and proceeded to set...

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
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 2.51%-14.91%-22.85%-21.3%-23.88%-30.69%-20.84%-17.88%-10.8%-2.17%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 70.518071.254.554.646.951.560.194.6115
Y-o-Y Gr. Rt.-155.7%-60.5%-23.6%0.3%-14.1%9.7%16.8%57.4%21.8%
Adjusted EPS (Rs.) 0.41-3.94-5.46-4.68-4.27-3.94-2.8-2.79-1.53-0.34
Y-o-Y Gr. Rt.--1061%NANANANANANANANA
Book Value per Share (Rs.) 10.196.136.512.210.72-3.21-4.01-7.53-9.07-9.38
Adjusted Net Profit 5-48.3-67-67.7-61.8-57.5-43.7-43.6-23.9-5.4
Net Op. Cash Flow (Rs. Cr.) 25.1-26.3-26-55.9-18.8-25.1-30.8-23.8-5.616.8
Debt to Cash Flow from Ops 5.36-6.27-5.5-3.47-9.04-6.67-10.43-14.13-62.0520.81
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Polygenta Technologies Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 5.6%16.1%30.8%21.8%
Adjusted EPS -197.9%NANANA
Book Value per Share -199.1-267.100
Share Price -31.7% -40.1% -51.6% 9.7%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 4.03-44.31-63-63.41-106.81775.7187.8248.418.413.74
Operating Profit Margin (%) 16.28-11.9-46.05-71.35-74.94-66.51-60.78-39.81-7.188.69
Net Profit Margin (%) 7.05-26.79-94.1-124.38-113.23-122.53-84.88-72.58-25.23-4.68
Debt to Equity 1.082.191.46.077.73-4.54-5.12-2.85-2.43-2.38
Working Capital Days 22897198276314306277264145120
Cash Conversion Cycle 584010112812811188755666
Entity Percentage Holding
Promoters 75.00%
Institutions 2.01%
Non-Institutions 22.99%
Pledged *20.6620.6620.6620.6620.6620.6620.6620.6620.6620.66
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Polygenta Technologies Ltd's performance infers:

Polygenta Technologies Ltd earnings have grown by 0%, whereas share price has depreciated -40.1% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Polygenta Technologies Ltd share prices over the last 10 years. Here is what we found out:

Polygenta Technologies Ltd share price has depreciated -31% annually over the past ten years.

Polygenta Technologies incorporated 1981, is an integrated producer and processor of multi-filament polyester textured yarn.From a modest beginning as a texturizing company Polygenta took a bold step to adopt a new way for polyester production applying a novel technology and proceeded to set up a polyester manufacturing plant in nashik, India.

The company adds value to the supply chain and supports its customers with products through the development and innovation of branded yarns that

Polygenta Technologies incorporated 1981, is an integrated producer and processor of multi-filament polyester textured yarn.From a modest beginning as a texturizing company Polygenta took a bold step to adopt a new way for polyester production applying a novel technology and proceeded to set up a polyester manufacturing plant in nashik, India.

The company adds value to the supply chain and supports its customers with products through the development and innovation of branded yarns that provide unique performance, comfort and aesthetic advantages.

After the approval by its Board of Directors, the Company has submitted its Draft Rehabilitation Scheme (DRS), supported by Strategic Alliance partners and secured lenders, with its Operating Agency (IFCI) and Board for Industrial and Financial Restructure (BIFR). This draft requested that the BIFR approve a Share Capital restructuring and grant various exemptions to the company from complying with various provisions laid down under Company law, SEBI Guidelines/ Rules/ Regulations/ Listing Agreements, other compliances etc. Obtaining the BIFR's order was very important for proceeding with revival of the Nashik PET Manufacturing Plant. 

Once the PET Chip Nasik Project is restarted the Company intends to operate competitively in the polyester textile sector, with the capacity to manufacture POY and texturised yarn. When and where possible, the Company will concentrate its resources on segments in which it believes it will be able to sustain a differential advantage. Though market conditions can change, certain higher denier yarns (e.g. serving the homefurnishings, industrial, and luggage manufacturers) currently appear to be promising segments to enter. Nevertheless, in these segments and the polyester fibre market as a whole, the Company will be subject to threats from new entrants, strengthened competitors emerging from the ongoing consolidation in the Indian textile market, and continued exposure to imports and inter-fibre substitution.

Company’s units are located at Murbad and Nashik in Maharashtra. Its Nashik plant has an initial capacity to produce 30,000 MTs per annum of polyester filament yarn and also manufactures polyester (pet) chips.

ReNEW, its innovative process, dramatically enhances economic and environ mental benefits and is the most significant development in polyester production in the last two decades. The plant is being constructed with state-of-the-art, two-reactor technology, is highly energy efficient and delivers exceptional quality products.

Company product ranges address standard applications as well as underserved specialty markets for niche applications in both domestic and international markets.Its products are used for Home Furnishing, High Fashion, Denim and Floor Coverings

The company is engaged into manufacturing of:

Textile Grade Chips

POY

DTY

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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