Kanpur Plastipack Ltd - Stock Valuation and Financial Performance

BSE: 507779 | NSE: KANPRPLA | Plastic Products | Small Cap

Kanpur Plastipack Share Price

90 -0.10 -0.11%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Kanpur Plastipack

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Somewhat Undervalued

3. Price Trend

Kanpur Plastipack stock performance -

mw4me loader
P/E Ratio (SA):
37.85
Market Cap:
193.3 Cr.
52-wk low:
72.9
52-wk high:
149.5

Is Kanpur Plastipack Ltd an attractive stock to invest in?

1. Is Kanpur Plastipack Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Kanpur Plastipack Ltd is a below average quality company.

2. Is Kanpur Plastipack Ltd undervalued or overvalued?

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

3. Is Kanpur Plastipack Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Kanpur Plastipack 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 Kanpur Plastipack:

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.
Kanpur Plastipack Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 13.8%13.5%16.5%12.9%11.2%8.5%4.3%11.8%8.7%3.4%-
Value Creation
Index
0.00.00.2-0.1-0.2-0.4-0.7-0.2-0.4-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 212246249245279318315452625477450
Sales YoY Gr.-15.9%1.1%-1.4%13.6%14.1%-1%43.5%38.4%-23.7%-
Adj EPS 5.65.98.57.57.25.81.512.29.11.62.4
YoY Gr.-5.6%44.2%-11.3%-3.9%-20.2%-74.7%736.3%-25.1%-82.2%-
BVPS (₹) 22.727.73542.253.15959.973.483.484.182.5
Adj Net
Profit
10.911.516.614.715.512.43.126.219.63.55
Cash Flow from Ops. 7.134.724.16.628.825.740.9-2.527.869.2-
Debt/CF from Ops. 12.22.12.712.73.152.6-63.16.62.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 9.4%11.4%14.9%-23.7%
Adj EPS -12.8%-25.8%3.7%-82.2%
BVPS15.7%9.6%12%0.8%
Share Price 21% 3.2% -0.3% 22.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
26.122.426.219.216.610.72.518.311.722.9
Op. Profit
Mgn %
12.310.614.713.610.16.85.712.27.954
Net Profit
Mgn %
5.14.76.765.63.915.83.10.71.1
Debt to
Equity
1.91.30.910.910.8110.9-
Working Cap
Days
14814314415514112612011010613067
Cash Conv.
Cycle
112101941121111009787841028

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 14.86%

Debt to equity has declined versus last 3 years average to 0.92

Return on Equity has declined versus last 3 years average to 2.90%

Net Profit has been subdued in last 3 years 3.74%

Sales growth is not so good in last 4 quarters at -10.49%

Latest Financials - Kanpur Plastipack Ltd.

Standalone Consolidated
TTM EPS (₹) 2.4 2.2
TTM Sales (₹ Cr.) 450 452
BVPS (₹.) 82.5 82.2
Reserves (₹ Cr.) 156 155
P/BV 1.09 1.10
PE 37.85 40.15
From the Market
52 Week Low / High (₹) 72.85 / 149.50
All Time Low / High (₹) 0.39 / 205.33
Market Cap (₹ Cr.) 193
Equity (₹ Cr.) 21.5
Face Value (₹) 10
Industry PE 35.1

Management X-Ray of Kanpur Plastipack:

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 Kanpur Plastipack

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales212246249245279318315452625477
Operating Expenses 186220212212250296297397576455
Manufacturing Costs29374040444952687258
Material Costs132153139130158196190252378297
Employee Cost 11131420263033365353
Other Costs 15181922222122417247
Operating Profit 26263633282218554922
Operating Profit Margin (%) 12.2%10.6%14.6%13.4%10.1%6.8%5.7%12.2%7.9%4.6%
Other Income 231171688134
Interest 9987691191412
Depreciation 444447991111
Exceptional Items 0000000000
Profit Before Tax 161726232422644373
Tax 55998511411-1
Profit After Tax 111116141616530264
PAT Margin (%) 5.1%4.7%6.6%5.9%5.7%5.1%1.6%6.7%4.2%0.9%
Adjusted EPS (₹)5.45.78.37.48.17.62.314.112.21.9
Dividend Payout Ratio (%)9%9%9%15%15%16%17%8%18%26%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 46567182105127129157179181
Share Capital 10101012131414142121
Reserves 3746617091112114143158159
Minority Interest0000000000
Debt816658738312197146164150
Long Term Debt24201513285855586873
Short Term Debt56464361556341889677
Trade Payables71165976171514
Others Liabilities 27323832333335566263
Total Liabilities 162165173193229288266377420407

Fixed Assets

Gross Block788996104113205212242275279
Accumulated Depreciation18232730344149586575
Net Fixed Assets6066707378164164185210204
CWIP 000335202236
Investments 1006460589
Inventories3733294040524810311783
Trade Receivables47444452584641566150
Cash Equivalents 2211111433
Others Assets17212918131612222023
Total Assets 162165173193229288266377420407

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 735247292641-32869
PBT 161726232422644373
Adjustment 1211111091520172324
Changes in Working Capital -1611-4-183-615-56-2643
Tax Paid -5-5-8-8-8-5-1-8-7-1
Cash Flow From Investing Activity -5-9-6-14-38-60-1-36-36-43
Capex -5-11-7-10-42-59-8-32-35-42
Net Investments 010-63-26-5-2-2
Others 1111111111
Cash Flow From Financing Activity -3-25-188934-40416-26
Net Proceeds from Shares 0000990000
Net Proceeds from Borrowing -2-5-5-21530-631010
Interest Paid -9-9-8-7-6-10-10-9-14-12
Dividend Paid -1-1-3-1-3-3-3-1-4-3
Others 9-11-317-67-214914-22
Net Cash Flow 00001003-30
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)27.3823.2626.8519.1717.0314.013.8621.2115.582.3
ROCE (%)19.8619.4425.1819.8417.1313.896.8719.3315.124.2
Asset Turnover Ratio1.451.541.491.361.361.271.181.451.641.2
PAT to CFO Conversion(x)0.643.181.50.51.811.638.2-0.11.0817.25
Working Capital Days
Receivable Days69656471705849383341
Inventory Days57504550515156596274
Payable Days20212215161513161518

Kanpur Plastipack Ltd Stock News

Kanpur Plastipack Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Kanpur Plastipack on 28-Mar-2024 16:01 is ₹90.00.
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 28-Mar-2024 16:01 the market cap of Kanpur Plastipack stood at ₹193.3.
The latest P/E ratio of Kanpur Plastipack as of 28-Mar-2024 16:01 is 37.85.
The latest P/B ratio of Kanpur Plastipack as of 28-Mar-2024 16:01 is 1.09.
The 52-week high of Kanpur Plastipack is ₹149.5 and the 52-week low is ₹72.85.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kanpur Plastipack is ₹450.0 ( Cr.) .

About Kanpur Plastipack Ltd

Kanpur Plastipack, established in the year 1971, is a manufacturer of Flexible Intermediate Bulk Containers or FIBC, also known as Bulk Bags, Big Bags, Jumbo Bags for industrial and bulk transportation of cement, food grains, chemicals, fertilizers, pharamceuticals and such material.

Now in the 4th decade of its service to industry it made a modest beginning in HDPE/PP Woven Fabric and Sacks. It is a major player in the manufacture of FIBCs (Flexible Intermediate Bulk Containers), Jumbo Bags and Big Bags. The company produces over 5 million FIBCs per annum.

Kanpur Plastipack is one of India’s largest Exporters of FIBCs. Vertically integrated Unit. Recipient of Star Export House Status from Government of India.

It started manufacturing anti-static and conductive bags in 2008. The company provides solutions to industrial packaging also started manufacturing FOOD grade bags in 2008.

Product range of the company includes:

  • HDPE/PP Bags  
  • HDPE/PP Bag Designs
  • FIBC, Jumbo Bags  
  • FIBC Designs  
  • FIBC Base Sizes  
  • FIBC Top/Bottom Options

Achievements/ recognition:

  • FIBICA Accredition 
  • LABORDATA Certification 
  • FIEO Exporter Award  
  • NQA QSR Accredtion 
  •  Recipient of Niryat Shree Silver Trophy from the Federation of Indian Export Organizations (FIEO) on organization for Export promotion set up by Government of India.
  • Recipent of AMITY's top 500 SMB Award for the second time in a row
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