Piramal Glass Ltd Stock Analysis

BSE: 532949 | NSE: PIRGLASS | Glass | Small Cap

BSE Share Price
Not Listed

DeciZen - Make an Informed Decision on Piramal Glass

Overall Rating

2. Valuation

Undervalued

3. Price Trend

Piramal Glass Price Chart

P/E Ratio (SA) :
13.45
Market Cap :
1,121.5 Cr.
52-wk low :
138.5
52-wk high :
138.9
Bole Toh?

1. Is Piramal Glass Ltd. a good quality company?

Data is not available for this company.

2. Is Piramal Glass Ltd. undervalued or overvalued?

No data found

3. Is Piramal Glass Ltd. a good buy now?

No data found

10 Year X-Ray of Piramal Glass:

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'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19TTM
ROCE % 8.1%10%11%6.7%5%4.7%10.9%12.1%5.8%5.8%-
Value Creation Index -0.4-0.3-0.2-0.5-0.6-0.7-0.2-0.1-0.6-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 6597628551,0151,0961,1921,3001,3271,3051,4451,445
YoY Gr. Rt. %-15.7%12.1%18.8%8%8.8%9.1%2.1%-1.7%10.7%-
Adj EPS 5.18.3103.91.80.111.7145.5910.3
YoY Gr. Rt. %-64%20.4%-61.1%-53.1%-92.3%8250%19.9%-60.6%63.1%-
BVPS (₹) 49.954.459.859.361.1607375.882.192.661.7
Adj Net Profit 40.666.680.731.414.71.194.611143.771.383
Cash Flow from Ops. 22612915590.196.4152310349198338-
Debt/CF from Ops. 2.54.54.89.29.35.72.41.73.13.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 9.1%5.7%3.6%10.7%
Adj EPS 6.7%37.7%-8.3%63.1%
BVPS 7.18.78.312.8
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19TTM
Return on Equity % 13.315.917.56.530.217.618.6710.313.4
Op. Profit Mgn % 24.726.126.81916.414.121.922.718.41616.8
Net Profit Mgn % 6.28.79.43.11.30.17.38.43.44.95.8
Debt to Equity 1.41.31.51.71.81.81.310.91.70.5
Working Cap Days 254211223218235233210202216192244
Cash Conv. Cycle 14311812213114613612210093690

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 - Piramal Glass Ltd.

Standalone Consolidated
TTM EPS (₹) 10.3 11.1
TTM Sales (₹ Cr.) 1,445 2,394
BVPS (₹.) 61.7 45.8
Reserves (₹ Cr.) 418 290
P/BV 2.25 3.02
PE 13.45 12.50
From the Market
52 Week Low / High (₹) 138.50 / 138.85
All Time Low / High (₹) 13.26 / 210.25
Market Cap (₹ Cr.) 1,122
Equity (₹ Cr.) 80.9
Face Value (₹) 10
Industry PE 36.2

Management X-Ray of Piramal Glass :

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 Piramal Glass

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

News

Piramal Glass Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Piramal Glass 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 Piramal Glass stood at ₹ 1,121.5.
The latest PE ratio of Piramal Glass as of 01-Jan-1970 05:30 is 13.45.
The latest PB ratio of Piramal Glass as of 01-Jan-1970 05:30 is 2.25
The 52-week high of Piramal Glass is ₹ 138.8 and the 52-week low is ₹ 138.5.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Piramal Glass is ₹ 1,445 ( Cr.) .

About Piramal Glass Ltd

Piramal Glass incorporated in 1998, is engaged in the business of manufacturing packaging solutions for the perfumery and pharmaceuticals.

Company provides complete solutions including full bottle design capabilities, in-house mould design, CNC machines for mould manufacturing, high quality glass manufacturing and dedicated ancillaries for decoration and accessories like caps, cartons and brushes.

Under pharmaceuticals the company manufactures products such as moulded vials, injectables and bottles. In domestic market PGL enjoys about 40% market share. Further in cosmetics and perfumery segment the company manufactures glass containers for nail polish, perfumes, foundations, attars, etc.

The company is the one of the largest manufacturers of flacconage glass for two segments namely pharmaceutical and perfume. It has an installed capacity of 1,115 tonnes per day, and sales of more than $200 million worldwide. Further the company also manufactures glass bottles for specialty food and beverages.

Company’s manufacturing facilities is located at India and Sri Lanka which makes it a low cost glass manufactures giving it edge above its competitors.

Major customers of containers for pharmaceutical industry are Glaxo Smithkline, Pfizer, E-Merck, Alembic, Aventis, Dabur (India), Ranbaxy, Cipla, Himalaya drugs, Dr. Reddy's Laboratories, and Piramal Healthcare.

Major customers of containers for cosmetics and perfumery business are Dumak LLC, LOreal, Erkui Kozmetic, Compagnie De Diffussion, Niasi, Expak, Baralan International, S F Patel & Sons, Estico and Revolline.

Globally, the company has network of distributors spread across in countries namely Netherlands, Belgium, Thailand, Spain, Columbia, Denmark, Turkey, Indonesia, Mexico, Italy, Russia and Brazil.

The Company has ISO 9001, ISO 14001 certification and OHSAS (Occupational Health, Safety Analysis Series) i.e. ISO 18001 certification.Milestone1984-Piramal Group acquired Gujarat Glass.

1990-The company was merged with the group company Nicholas Piramal India leading to forming of business division of group.

1998- The glass division was demerged from the group leading formation of Piramal Glass which was incorporated in same year.

1999-Company acquired Ceylon Glass Company, Sri Lanka.

2003-Nicholas Piramal India demerged its 54 % holding to Kojam Fininvest.

2005- The company acquired a part of the Glass Group earlier known Wheaton Glass. This led the company to foray into the US market.

2008-Kojam was merged into Gujarat Glass, now known as Piramal Glass

Future Prospects

Piramal Glass plans to raise upto Rs 200 crore through rights issues for further expansion of its business.

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