Stanpacks (India) Ltd - Stock Valuation and Financial Performance

BSE: 530931 | NSE: | Plastic Products | Small Cap

Stanpacks India Share Price

11.95 0.10 0.84%
as on 23-Apr'24 15:40

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Stanpacks (India) stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
7.2 Cr.
52-wk low:
5.7
52-wk high:
13.7

Is Stanpacks (India) Ltd an attractive stock to invest in?

1. Is Stanpacks (India) Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Stanpacks (India) Ltd is a below average quality company.

2. Is Stanpacks (India) Ltd undervalued or overvalued?

The key valuation ratios of Stanpacks (India) Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Stanpacks (India) Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Stanpacks (India) 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 Stanpacks India:

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.
Stanpacks (India) 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 % 3.7%8.8%12.9%11.2%10.7%8.2%7.9%0.1%10.2%-4.9%-
Value Creation
Index
-0.7-0.4-0.1-0.2-0.2-0.4-0.4-1.0-0.3-1.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 30.731.924.92727.931.523.425.73428.928
Sales YoY Gr.-3.9%-22.1%8.6%3.2%13.1%-25.8%10.1%32.3%-14.9%-
Adj EPS -1.6-0.10.60.30.70.20.1-2.20.7-2.7-0.6
YoY Gr.-NANA-52.5%146.4%-65.2%-50%-1941.7%NA-483.1%-
BVPS (₹) 2.92.12.744.54.74.82.613.610.910.3
Adj Net
Profit
-100.40.20.40.20.1-1.40.4-1.70
Cash Flow from Ops. -1.9-0.11.83.12.51.82.81-0.1-0.5-
Debt/CF from Ops. -8.9-288.68.856.18.65.116.6-64.9-24.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -0.7%0.8%7.4%-14.9%
Adj EPS NA-231.6%-383%-483.1%
BVPS15.7%19.5%31.4%-20%
Share Price 9.7% 21.3% 68.2% 34.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-42.1-2.124.38.516.35.32.5-60.18.8-22.2-5.9
Op. Profit
Mgn %
6.610.614.49.911.58.59.95.34.8-0.43.9
Net Profit
Mgn %
-3.1-0.11.50.61.50.50.3-5.31.3-5.7-1.4
Debt to
Equity
9.3139.36.35.75.34.910.31.11.7-
Working Cap
Days
24123625722622318224122617322799
Cash Conv.
Cycle
12412116513414113618816412718636

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 1.67

Return on Equity is Poor

Sales growth has been subdued in last 3 years 7.39%

Sales growth is not so good in last 4 quarters at -14.08%

Latest Financials - Stanpacks (India) Ltd.

Standalone Consolidated
TTM EPS (₹) -0.6 -
TTM Sales (₹ Cr.) 27.6 -
BVPS (₹.) 10.3 -
Reserves (₹ Cr.) - -
P/BV 1.15 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 5.66 / 13.74
All Time Low / High (₹) 1.23 / 23.65
Market Cap (₹ Cr.) 7.2
Equity (₹ Cr.) 6.1
Face Value (₹) 10
Industry PE 36

Management X-Ray of Stanpacks India:

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 Stanpacks India

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
Sales30.7431.9424.872727.8631.5023.3725.7234.0228.94
Operating Expenses 28.8128.5521.2924.3324.6628.8521.0624.3532.4829.07
Manufacturing Costs2.0822.454.678.347.742.892.734.344.22
Material Costs23.5122.8715.4716.2912.8917.1414.241823.6420.62
Employee Cost 1.160.991.021.201.792.232.022.072.642.27
Other Costs 2.062.692.362.171.651.741.911.561.861.96
Operating Profit 1.933.393.592.673.202.652.321.371.54-0.13
Operating Profit Margin (%) 6.3%10.6%14.4%9.9%11.5%8.4%9.9%5.3%4.5%-0.4%
Other Income 0.0800.140.880.110.150.190.050.020.01
Interest 2.342.342.732.542.171.921.881.961.951.12
Depreciation 0.711.110.610.710.680.620.580.570.390.35
Exceptional Items 000000009.030
Profit Before Tax -1.03-0.060.380.310.470.260.05-1.118.26-1.59
Tax 0000.130.050.12-0.020.241.550.07
Profit After Tax -1.03-0.060.380.180.420.140.07-1.356.70-1.66
PAT Margin (%) -3.4%-0.2%1.5%0.7%1.5%0.4%0.3%-5.2%19.7%-5.7%
Adjusted EPS (₹)-1.7-0.10.60.30.70.20.1-2.211.0-2.7
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 1.781.291.672.442.722.852.921.578.296.63
Share Capital 6.106.106.106.106.106.106.106.106.106.10
Reserves -4.32-4.80-4.43-3.66-3.38-3.25-3.17-4.522.190.53
Minority Interest0000000000
Debt16.3516.4615.0414.8914.4414.5813.7415.768.7610.58
Long Term Debt6.457.296.936.756.946.996.407.554.772.35
Short Term Debt9.909.178.118.157.507.597.348.213.998.24
Trade Payables11.044.033.714.883.341.822.723.172.671.26
Others Liabilities 2.632.782.802.711.951.601.801.992.081.76
Total Liabilities 31.8024.5523.2224.9222.4420.8521.1822.4821.7920.23

Fixed Assets

Gross Block14.1614.3413.394.844.864.995.206.286.345.89
Accumulated Depreciation8.269.8090.711.391.992.573.113.392.97
Net Fixed Assets5.904.554.394.133.473.012.633.182.952.92
CWIP 0000000000
Investments 000000000.040.06
Inventories15.2714.2114.3613.4412.8512.4714.1014.1713.9411.78
Trade Receivables8.533.772.474.754.553.963.053.843.564.46
Cash Equivalents 0.180.190.170.230.210.190.210.0200
Others Assets1.921.831.822.381.361.221.181.281.301.02
Total Assets 31.8024.5523.2224.9222.4420.8521.1822.4821.7920.23

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -1.87-0.061.763.052.541.762.780.98-0.14-0.45
PBT -1.020.060.380.310.470.260.05-1.118.26-1.59
Adjustment 3.013.193.233.112.762.382.302.42-6.931.40
Changes in Working Capital -1.64-1.110.77-0.37-0.69-0.880.44-0.330.02-0.25
Tax Paid 00000000-1.490
Cash Flow From Investing Activity 0.03-0.18-0.45-0.43-0.01-0.07-0.10-1.088.99-0.32
Capex 0.03-0.18-0.45-0.45-0.02-0.17-0.21-1.119.02-0.32
Net Investments 00000000-0.04-0.02
Others 0000.020.020.100.110.030.010.01
Cash Flow From Financing Activity 1.840.25-1.33-2.58-2.57-1.70-2.670.11-8.860.77
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 1.840.25-1.33-0.15-0.4500000
Interest Paid 000-2.43-2.12-1.84-1.83-1.88-1.86-1.06
Dividend Paid 0000000000
Others 000000.14-0.841.99-71.82
Net Cash Flow 00.01-0.020.04-0.04-0.010.010.01-0.020
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-44.91-3.8325.318.7816.284.942.43-59.97135.98-22.21
ROCE (%)7.2612.517.5816.2614.6112.0310.974.8457.71-2.64
Asset Turnover Ratio1.171.251.151.321.361.691.31.391.821.38
PAT to CFO Conversion(x)N/AN/A4.6316.946.0512.5739.71N/A-0.02N/A
Working Capital Days
Receivable Days65644242534247413451
Inventory Days157153191160149126178170128162
Payable Days12412091961165558604535

Stanpacks (India) Ltd Stock News

Stanpacks (India) Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Stanpacks India on 23-Apr-2024 15:40 is ₹11.95.
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 23-Apr-2024 15:40 the market cap of Stanpacks India stood at ₹7.22.
The latest P/E ratio of Stanpacks India as of 23-Apr-2024 15:40 is 0.00.
The latest P/B ratio of Stanpacks India as of 23-Apr-2024 15:40 is 1.15.
The 52-week high of Stanpacks India is ₹13.74 and the 52-week low is ₹5.66.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Stanpacks India is ₹27.62 ( Cr.) .

About Stanpacks (India) Ltd

Stanpacks India Ltd. is a part of BLISS Group of Companies incorporated in 1991 by taking over 3 partnership companies. The company is engaged in the manufacture of all types of flexible water proof packing materials. The products are tailor made to meet customers requirements. The company is also expanding its activities for the manufacture of polypropylene bags.  

The promoters of Stanpacks (India) are experienced in marketing packing materials for more than 3 decades. The three firms whose business have been taken over by Stanpacks (India) have an existing sales force which has been taken over and expanded to keep up with the requirements of the expansion in operations.

Bliss is a Chennai based group, pioneer in the field of packaging having served the packaging industry for more than 35 years. The group that was started as a finance company in 1966 has since diversified its activities to the industrial sector from 1970 onwards by reviving a sick packaging unit with a turnover of Rs 17 Lakhs in the first year. Recognizing the enormous potential for packing requirements in India, the group opted for specialization in Waterproof Packing Materials manufacturing.

Stanpacks (India) has 3 manufacturing facilities viz Bangalore (Engineering Division), Nellore (Hessain Based Products & HDPE, PP Laminated Paper Bags) and Madras (PP Bags/fabric/lamination & Laminated Jute/PP/foil etc.

The company has expanded its marketing activities to be close to its customer base. The marketing team headed by vice president marketing based at Chennai has very good, talented marketing team at Chennai, Mumbai, Bangalore, Hyderabad and Nellore.

Stanpacks (India) Limited manufacture Filling & Discharging machinery which is used for filling and discharging of Jumbo Bags. These machines are manufactured with technical collaboration from Bagfilla Overseas Limited of UK who are world leaders in this field for more than 4 decades. Stanpacks (India) Limited has exclusive rights to sell these machines in India and South East Asia. One of these machines has already been exported to Malaysia.

Products manufactured by the company include: Small Bags:

  • PP Woven Sacks 
  • PP/ HDFE Kraft Paper Bags
  • Agronit Bag
  • Multiwall Paper Bags 
  • Hessian Laminiated Rolls 

Jumbo Bags:  

  • Reusable Jumbo Bags 
  • Jute Jumbo Bags

Engineering Division:

  • Jumbo Bags Filling Machine
  • Jumbo Bags Discharging Machines 
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