PSL Ltd Stock Analysis

BSE: 526801 | NSE: PSL | Steel & Iron Products | Small Cap

BSE Share Price 12-Oct-2020 18:01
0.34 0.00 (0.00%)

DeciZen - Make an Informed Decision on PSL

M-Cap below 100cr DeciZen not available

PSL Price Chart

P/E Ratio (SA) :
0.00
Market Cap :
6.3 Cr.
52-wk low :
0.3
52-wk high :
0.5
Bole Toh?

1. Is PSL Ltd a good quality company?

Data is not available for this company.

2. Is PSL Ltd undervalued or overvalued?

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

3. Is PSL Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of PSL Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of PSL:

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'11Mar'12Sep'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20TTM
ROCE % 7.3%7.4%-8.9%-3.2%-8.3%-43.7%-29.2%-9.3%-6.6%-6.9%-
Value Creation Index -0.5-0.5NANANANANANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2,4952,2401,54438514610119.148.280.169.932
YoY Gr. Rt. %--10.2%-31.1%-75.1%-62%-31.1%-81.1%153.2%66.1%-12.7%-
Adj EPS 12.19-74.5-54.1-36.2-137.2-48.6-12.2-8-7.8-7.8
YoY Gr. Rt. %--25.7%-930.4%NANANANANANANA-
BVPS (₹) 167171.4-23.5-118-68.7-205.7-172.4-184.6-192.5-200.2-203.9
Adj Net Profit 64.548-397-288-358-1,357-608-153-100-96.8-97
Cash Flow from Ops. 586-452-36772.8-55.212422.3-30.4-2.7-2.4-
Debt/CF from Ops. 3-6.3-6.9105.5-70.431.4174.4-127.2-1438.1-1615.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -32.8%-13.7%54.3%-12.7%
Adj EPS -195.2%NANANA
BVPS -202000
Share Price -40.1% -37.5% -14.3% -32%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'11Mar'12Sep'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20TTM
Return on Equity % 7.55.3-95.2-52-610.5174.433.76.94.343.9
Op. Profit Mgn % 15.319.6-2.9-30-58.7-1200.5-2260.8-98.5-16.7-31.1-83.6
Net Profit Mgn % 2.62.1-25.7-74.9-244.9-1346.2-3189-316.9-125.3-138.5-307
Debt to Equity 23.1-20.3-12.2-5.7-1.9-1.8-1.7-1.6-1.5-
Working Cap Days 3574954224,3775,5035,58013,9223,7042,1472,3588,559
Cash Conv. Cycle 1211562383,0524,1843,8404,5111911191225,905

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 %

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

Latest Financials - PSL Ltd.

Standalone Consolidated
TTM EPS (₹) -7.8 -12.3
TTM Sales (₹ Cr.) 31.7 158
BVPS (₹.) -203.9 -240
Reserves (₹ Cr.) -2,672 -3,123
P/BV 0.00 0.00
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 0.34 / 0.50
All Time Low / High (₹) 0.32 / 588.00
Market Cap (₹ Cr.) 6.3
Equity (₹ Cr.) 124.9
Face Value (₹) 10
Industry PE 10

Management X-Ray of PSL :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *45.5145.5145.5145.5145.5145.5145.5145.5145.5145.51
* Pledged shares as % of Promoter's holding (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of PSL

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

News

PSL Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of PSL on 12-Oct-2020 18:01 is : 0.34.
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 12-Oct-2020 18:01 the market cap of PSL stood at ₹ 6.25.
The latest PE ratio of PSL as of 12-Oct-2020 18:01 is 0.00.
The latest PB ratio of PSL as of 12-Oct-2020 18:01 is 0.00
The 52-week high of PSL is ₹ 0.50 and the 52-week low is ₹ 0.34.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of PSL is ₹ 31.66 ( Cr.) .

About PSL Ltd

PSL incorporated as PSL Holdings is engaged in the business of manufacturing of pipes and undertakes turnkey projects. In India, the company has become the largest producer/manufacturer of HSAW pipes with a production capacity exceeding 1 million ton mark.

Company has set up its first international pipe manufacturing plant in Saharjah in UAE with a manufacturing capacity of 75000 MT.

The company has subsidiaries namely PSL Corrosion Control Services, Pipeline Systems, PSL FZE –UAE, PSL USA Inc and PSL North America LLC.

Business Areas

Pipe Manufacturing- PSL is among the leading manufacturers of pipe in Asia. Company owns 12 pipe mills located at Chennai, Kandla Vishakapatnam, Ahmedabad, Jaipur, Daman and Sharjah. Its annual manufacturing capacity is 1,175,000 MT. Company manufactures and supplies Spiral Weld Pipes that are used in various sectors such as oil, gas and water transmission as well as structural and piling applications for both onshore and offshore. Company manufactures API / IS Grade pipes ranging from 406 mm to 3175 mm. The annual mill capacity is around 75000 MT per mill.

Turnkey Projects: PSL is fully geared up to associate with you for setting up Pipe Manufacturing & Pipe coating Plants from the Green Field Stage.   Design & Engineering:PSL has a fully-equipped and adequately manned in-house Project Engineering Department having Technical collaboration with renowned Design & Engineering firms from Germany & Italy.

In addition to technical support for the latest Technologies from collaborators, PSL’s Project Engineering Department is regularly in contact with its plant operators to constantly upgrade and improve systems and technologies.   Easy & Early installation & commissioning:   With its rich experience in Spiral Pipe Manufacturing and coatings, PSL can install and commision the plants with equipments and machines earlier than others.

PSL’s experienced backup support will bring customers’ plants in commercial production fastest.   Training support

PSL can also provide on the job practical training to Customers’ Engineers/Operators on a fully operational plant in one of PSL’S running factories.

PSL is not only a Designer & Manufacturer of Pipe manufacturing & Pipe Coating plants, but also has the unique capability of Commissioning and demonstrating assured production quantity; drawing operational expertise from its own running plants.

Pipe coating-  On the forefront of mechanized yard coating in India and abroad, PSL’s strength lies in its commitment to quality and ability to implement diverse projects efficiently.

Equipped to provide the best in yard coating for large onshore and offshore projects, PSL has over the years successfully executed multiple coating assignments simultaneously, while adhering to its commitment to quality and project completion deadlines.

Range of coating services available for the most stringent of pipe-coating applications

  • Polyethylene (PE)
  • Coal tar enamel (CTE)
  • Fusion-bonded epoxy (FBE)
  • Concrete weight coating (CWC)
  • Internal coatings

Anodes-Company designs, manufactures and installs sacrificial aluminium and zinc anodes for offshore applications such as refineries, petrochemicals, power plants, fertilizers, metallurgical industries and shipping. Company manufactures range of anodes such as bracelet, segmented bracelet, tapered anodes, stand-off and flush type.Bends- Induction Bends/Spools and air/steam rings are manufactured by the process of induction heating in Technical Collaboration with premier Korean induction pipe-bending company, Sung Il Machinery Industrial Company LTD (SIM), meeting diverse high quality requirements in accordance with ASTM, API, DIN, BS, ANSI, ASME PFI and other international technical specifications. The Bending Unit is approved by EIL, Shell Global and Saudi Aramco.

Rebar Coating: Fusion bonded epoxy coating, commonly referred as FBE coating is widely used to protect concrete reinforcing rebars, steel pipes, piping connections, etc used in construction. FBE coatings are in the form of dry powder at normal atmospheric temperature. The powder when applied electrostatically on to the surface cleaned, hot steel bars, that it fuses, melts, flows and cures to an adherent continuous chemically cross linked protective film. FBEC is used to protect reinforcing steel in concrete in the most adverse environments that are prone to corrosion over the last 35 yrs in all over the world and for the last 18 yrs in India

Milestones:

  • 1985-Sets up 124800 m2 3-LPE pipe coating plant in Gandhidham - Kutch (Gujarat)
  • 1987- Sets up 149760 m2 CTE pipe coating plant in Gandhidham - Kutch (Gujarat)
  • 1988- Sets up 46800 tonnes CWC pipe coating plant in Gandhidham - Kutch (Gujarat)
  • 1989- Sets up 300km CTE pipe coating plant in Daman (U.T.)
  • 1989-Sets up 600km 2/3 Layer PE pipe coating plant in Daman (U.T.)
  • 1993- Sets up 46800 tonnes CWC pipe coating plant in Gandhidham  Kutch (Gujarat)
  • 1994- Sets up 18,000 m2 Fusion bonded Epoxy powder Rebar coating plant in Daman (U.T.)-Sets up 10,00,000 m2 Outerwrap plant in Daman (U.T.)-Sets up 2200 tonnes Wiremesh plant in Daman (U.T.)- Sets up 20,00,000 m2 CTE pipe coating plant in VizagSets up 60,000 m3 CWC pipe coating plant in Vizag
  • 1995- Sets up 15,00,000 m2 3LPE pipe coating plant in Vizag
  • 1996-Sets up 100 Nos Mobile Cranes Mfg. plant in Daman (U.T.)-Sets up 75,000 tonnes MS Saw Pipe plant in Vaiyavoor - Chennai (Tamil Nadu)
  • 1997-Sets up 1,50,000 tonnes MS Saw Pipe plant in Nani Chirai - Kutch (Gujarat)-Sets up 75,000 m2 CTE pipe coating plant in Vaiyavoor - Chennai (Tamil Nadu)-Sets up 70,000 m2 CML Internal pipe coating plant in Vaiyavoor - Chennai (Tamil Nadu)
  • 1998-Sets up 2000km CML pipe coating plant in Varsana - Kutch (Gujarat)
  • 1999-Sets up 2500km CTE pipe coating plant in Nani Chirai - Kutch (Gujarat)
  • 2000-Sets up 1200 tonnes Epoxy & Resin plant in Daman (U.T.)-Sets up1,50,000 tonnes Pipes mill in Daman (U.T.)-Sets up 30,000 m2 Fusion bonded Epoxy powder Rebar coating plant in Vaiyavoor - Chennai (Tamil Nadu)
  • 2001-Sets up 1,50,000 tonnes MS Saw Pipe plant in Varsana - Kutch (Gujarat)Sets up 7,50,000 m2 Internal Coating Plant in Vizag-Sets up 70,000 m2 Internal Epoxy pipe coating plant in Vaiyavoor - Chennai (Tamil Nadu)
  •  2002-Sets up 1200km CWC pipe coating plant in Daman (U.T.) -Sets up 1200km CML pipe coating plant in Daman (U.T.)-Sets up 15,00,000 m2 3-LPE pipe coating plant in Vaiyavoor - Chennai (Tamil Nadu)-Sets up 15,00,000 m2 Fusion bonded Epoxy pipe coating plant in Vaiyavoor - Chennai (Tamil Nadu)
  •  2003-Sets up 12,000 tonnes Rebar coating plant in Vizag--Sets up 75,000 tonnes MS Saw Pipe plant in Vizag
  •  2004-Set up Projects Division in Daman (U.T.)  Sets up 7,50,000 m2 CML pipe coating plant in Vizag
  •  2005-Sets up 2,00,000 tonnes Iron ORE Crushing plant in Nani Chirai - Kutch (Gujarat)Sets up 3,50,000 tonnes MS Saw Pipe plant in Varsana - Kutch (Gujarat) Sets up 2000km FBE, 3LPE, 3LPP, ICP internal & external pipe coating plant in Varsana - Kutch (Gujarat)Sets up 149760 m2 CTE pipe coating plant in Gandhidham - Kutch (Gujarat)Sets up 1,50,000 tonnes MS Saw Pipe plant in Mahudi - Gandhinagar (Gujarat)
  •  2007-Sets up 7200 m2 internal coating plant in Gandhidham - Kutch (Gujarat)Set up of 150000 tonnes MS Saw pipe Plant in Phagi Jaipur (Rajastan) for 18' Dia to 120' Dia Spiral PipeSet up 5184000 m2 polyolefin Tape coating plant Phagi Jaipur (Rajastan) for 100' Dia Pipe with weld removing systemSet up 60,000 tonnes MS Saw API-5L Pipe plant in Hamrivah (Sharjah)Sets up 350 m2 per hours 3-LPE pipe coating plant in in Hamrivah (Sharjah)Sets up 250 m2 per hours internal Liquid paint pipe coating plant in in Hamrivah (Sharjah)Sets up 150 m2 per hours CWC pipe coating plant in in Hamrivah (Sharjah)Sets up 50,000 m2 3LPE pipe coating plant in Peddapuram, Kakinada (Andhra Pradesh)Sets up 85,000 m3 CWC pipe coating plant in Peddapuram, Kakinada (Andhra Pradesh)
  •  2008-Sets up 52,56,000 m2 3-LPE pipe coating plant in Mahudi - Gandhinagar (Gujarat)- Sets up 300,000 tons MS Saw Pipe plant in Bay St. Louis, MS, USA.

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login | Register Now