Midland Polymers Ltd - Stock Valuation and Financial Performance

BSE: 531597 | NSE: | Plastic Products | Small Cap

BSE Share Price
Not Listed

DeciZen - make an informed investing decision on Midland Polymers

M-Cap below 100cr DeciZen not available

Midland Polymers stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
324.7 Cr.
52-wk low:
23.9
52-wk high:
23.9

Is an attractive stock to invest in?

1. Is a good quality company?

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

2. Is undervalued or overvalued?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of Midland Polymers:

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.
Midland Polymers 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'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17TTM
ROCE % -30.3%104.9%39.7%33%-1.2%1.8%3.3%5%2.9%2.2%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0.10.200.30000000
Sales YoY Gr.-41.7%-100%NA-100%NANANANANA-
Adj EPS -0.10.20.10.10000.1000
YoY Gr.-NA-65%0%-100%NA200%66.7%-40%-33.3%-
BVPS (₹) -0.300.20.30.3111.111.11.1
Adj Net
Profit
-0.51.60.60.600.10.50.70.40.30
Cash Flow from Ops. 0000.1-0.3-12.12.4-0.93.2-1.7-
Debt/CF from Ops. 0000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%NANANA
Adj EPS NANA-12.6%-33.3%
BVPSNA33.2%0.6%1%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17TTM
Return on
Equity %
23.7-569.839.633-1.21.73.352.92.20
Op. Profit
Mgn %
-42.3-3.7081000000NAN
Net Profit
Mgn %
-416.2959.10193.8000000NAN
Debt to
Equity
-1.8000000000-
Working Cap
Days
01,41801,6570000000
Cash Conv.
Cycle
03550-11,8870000000

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 - Midland Polymers Ltd.

Standalone Consolidated
TTM EPS (₹) 0 0
TTM Sales (₹ Cr.) 0 0
BVPS (₹.) 1.1 1
Reserves (₹ Cr.) 1 -
P/BV 22.67 23.08
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 23.90 / 23.90
All Time Low / High (₹) 0.15 / 80.60
Market Cap (₹ Cr.) 325
Equity (₹ Cr.) 13.6
Face Value (₹) 1
Industry PE 36

Management X-Ray of Midland Polymers:

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

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Midland Polymers

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17
Sales0.120.1700.29000000
Operating Expenses 0.160.170.020.060.060.200.511.050.770.54
Manufacturing Costs0.010.0100000000
Material Costs0.110.1300000000
Employee Cost 0.020.010000.090.140.140.110.11
Other Costs 0.020.020.020.060.060.110.360.910.660.43
Operating Profit -0.05-0.01-0.020.23-0.06-0.20-0.51-1.05-0.77-0.54
Operating Profit Margin (%) -42.3%-3.7%-80.9%------
Other Income 0.021.661.240.330.030.370.961.160.830.65
Interest 0.01000000000
Depreciation 0.430.0600000.010.0100
Exceptional Items 00000000-0.17-0.02
Profit Before Tax -0.471.591.220.56-0.020.170.450.11-0.120.09
Tax 000000.030.05-0.06-0.010.01
Profit After Tax -0.471.591.220.56-0.020.140.390.17-0.110.08
PAT Margin (%) -405.0%959.1%-193.7%------
Adjusted EPS (₹)-0.10.20.20.10.00.00.00.00.00.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17

Equity and Liabilities

Shareholders Fund -2.020.201.421.971.9513.6814.0714.2414.1314.21
Share Capital 3.303.933.933.933.936.7913.5913.5913.5913.59
Reserves -5.33-3.74-2.52-1.96-1.986.880.480.650.540.62
Minority Interest0000000000
Debt3.59000000000
Long Term Debt3.59000000000
Short Term Debt0000000000
Trade Payables0.050.050.04000.010000.17
Others Liabilities 01.2700.010.010.133.582.402.552.39
Total Liabilities 1.621.511.461.981.9613.8217.6516.6416.6816.77

Fixed Assets

Gross Block2.742.740.040.020.020.030.030.030.030.03
Accumulated Depreciation2.172.230.040.020.020.020.020.030.030.03
Net Fixed Assets0.560.500000.010.010.0100
CWIP 0000000000
Investments 0.230.230.190.060.300.063.663.907.946.94
Inventories0.12000000000
Trade Receivables0.200.140.140.050.0500000
Cash Equivalents 0.010.160.010.560.010.050.070.090.050.01
Others Assets0.490.491.121.311.6013.6913.9112.658.699.81
Total Assets 1.621.511.461.981.9613.8217.6516.6416.6816.77

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17
Cash Flow From Operating Activity 0000.10-0.32-12.092.40-0.913.18-1.69
PBT 0000.56-0.020.170.450.11-0.120.09
Adjustment 000-0.320-0.36-0.94-1.15-0.82-0.64
Changes in Working Capital 000-0.13-0.3-11.92.90.134.11-1.14
Tax Paid 0000000000
Cash Flow From Investing Activity 0000-0.240.60-2.390.93-3.211.65
Capex 00000-0.01-0.010-4.051
Net Investments 0000-0.2400-0.2300
Others 000000.61-2.381.160.830.65
Cash Flow From Financing Activity 0000.45011.530000
Net Proceeds from Shares 0000011.590000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000000000
Dividend Paid 0000000000
Others 0000.450-0.050000
Net Cash Flow 0000.56-0.550.040.020.02-0.04-0.04
PARTICULARSMar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17
Ratios
ROE (%)N/A0151.4732.94-1.211.752.851.19-0.760.54
ROCE (%)N/A104.8984.8432.95-1.212.213.220.75-0.820.65
Asset Turnover Ratio0.080.1200.17000000
PAT to CFO Conversion(x)N/A000.18N/A-86.366.15-5.35N/A-21.13
Working Capital Days
Receivable Days5423300119000000
Inventory Days342000000000
Payable Days17214200000000

Midland Polymers Ltd Stock News

Midland Polymers Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Midland Polymers 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 Midland Polymers stood at ₹324.7.
The latest P/E ratio of Midland Polymers as of 01-Jan-1970 05:30 is 0.00.
The latest P/B ratio of Midland Polymers as of 01-Jan-1970 05:30 is 22.67.
The 52-week high of Midland Polymers is ₹23.90 and the 52-week low is ₹23.90.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Midland Polymers is ₹0.00 ( Cr.) .

About Midland Polymers Ltd

Midland Polymers is a pioneering company, in India, in advanced technology of Mono-axially Oriented Polypropylene Film, MOPP, which is the wonder material with usage proliferation world over. The film is mono-axially oriented to give exceptional strength in desired direction and in the process of allowing low elongation and good shrinkage control in all directions.

The film in general is economic, light and highly processable with less stringent process condition requirements for the end users. Its properties can be precisely engineered in different applications in communication and power cable sectors, packaging and lamination, tear-off tape and pressure sensitive adhesive tapes tyre and explosive wrappings, file covers, etc. replacing other plastic films by virtue of its superior characteristics and economy.

With over 15 years of market presence, MOPP today, commands worldwide acceptance and preference over other films, with leaders in cable, explosive, packaging and stationary industries using this product. With this venture, the company brings in its customers service, this technology of International quality custom engineered to its customers' specific requirements.

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 Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.