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Silkflex Polymers (India) Ltd (SILKFLEX)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: SILKFLEX Trading | Small Cap | Silkflex Polymers Share Price

BSE Share Price
Not Listed

Silkflex Polymers (India) Ltd (SILKFLEX)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: SILKFLEX Trading | Small Cap | Silkflex Polymers Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹257 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹10.5
TTM Sales
₹110 Cr.
Book Value per Share
₹41
P/E Ratio
21.18
Higher than its 5-year historical median
Industry PE
35.6
Price to Book (P/B)
5.41
Higher than its 5-year historical median
Price to Sales (P/S)
2.34
Higher than its 5-year historical median
EV/EBITDA
14.24
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
29.24%
Outperforms industry median
Return on Capital Employed (ROCE)
24.08%
Outperforms industry median
Return on Assets (ROA)
11.58%
Operating Profit Margin
15%
Net Profit Margin
8.73%
Gross Profit Margin
12.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
34.54%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
67.09%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
78.12%
Asset Quality
Promoter Holding
70.14%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹36 Cr.
Equity
₹11.6 Cr.
Face Value
₹10
All Time Low / High
- / -

Silkflex Polymers (India) stock performance

Key Ratios
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Check Before You Invest

Valuation

Overvalued

Price Trend

Strong
Q.1 Is Silkflex Polymers (India) Ltd a good quality company?
Silkflex Polymers (India) Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Silkflex Polymers (India) Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Silkflex Polymers (India) Ltd vs industry peers?
Silkflex Polymers (India) Ltd revenue CAGR is 0.00%, compared to the industry median CAGR of 0%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of Silkflex Polymers (India) Ltd?
Promoters hold 70.14% of the Silkflex Polymers (India) Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Silkflex Polymers (India) Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of 93.24% based on the current price.

10 Year X-Ray :

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.
Silkflex Polymers (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

Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 12.5%11.6%11.3%28.1%24.1%-
Value Creation
Index
-0.1-0.2-0.21.00.7-

Growth Parameters

Sales 20.827.844.359.680.2110
Sales YoY Gr.-34.1%59.2%34.5%34.5%-
Adj EPS 0.70.81.14.75.910.5
YoY Gr.-27.3%25%350.5%24.3%-
BVPS (₹) 7.79.110.314.730.741
Adj Net
Profit
0.40.70.93.96.812
Cash Flow from Ops. -0.2-4.3-14.7-30.2-
Debt/CF from Ops. -35.9-2.3-14.33.6-1.2-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANA42.3%34.5%
Adj EPS NANA91.3%24.3%
BVPSNANA50.1%108.4%
Share Price - - - 101.6%

Key Financial Parameters

Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
8.610.910.837.428.529.2
Op. Profit
Mgn %
6.15.95.511.81518.7
Net Profit
Mgn %
2.12.51.96.58.511
Debt to
Equity
1.21.41.61.410.8
Working Cap
Days
0157137131209129
Cash Conv.
Cycle
01341179110954

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Sales2128445080
Operating Expenses + 1926424368
Manufacturing Costs12333
Material Costs1519353659
Employee Cost 11122
Other Costs 24324
Operating Profit 122712
Operating Profit Margin (%) 6.1%5.9%5.4%14.3%15.0%
Other Income + 00000
Exceptional Items 00000
Interest 11123
Depreciation 00000
Profit Before Tax 11159
Tax 00012
Profit After Tax 01147
PAT Margin (%) 2.2%2.5%1.9%7.8%8.7%
Adjusted EPS (₹)0.70.81.04.86.0
Dividend Payout Ratio (%)0%0%0%0%0%

Valuation of Silkflex Polymers - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 5781236
Share Capital 233812
Reserves 356424
Debt +610141536
Long Term Debt422117
Short Term Debt28111419
Minority Interest00000
Trade Payables11186
Others Liabilities 12135
Total Liabilities 1320243883

Fixed Assets

Net Fixed Assets +1341116
Gross Block2451318
Accumulated Depreciation00112
CWIP 10011
Investments 21100
Inventories511151630
Trade Receivables322610
Cash Equivalents 00000
Others Assets 122425
Total Assets 1320243883

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -0-4-19-30
PBT 11159
Adjustment 11023
Changes in Working Capital -1-6-22-41
Tax Paid -0-0-0-1-1
Cash Flow From Investing Activity + -1-0-1-9-5
Capex -1-1-1-9-5
Net Investments -00-000
Others 00000
Cash Flow From Financing Activity + 252035
Net Proceeds from Shares 220016
Net Proceeds from Borrowing 1-20-116
Interest Paid -1-10-2-2
Dividend Paid 00000
Others 06235
Net Cash Flow -0-0-000

Financial Ratio

PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)8.8310.9610.5738.1629.24
ROCE (%)12.5311.5811.2528.1424.08
Asset Turnover Ratio1.581.72.041.621.33
PAT to CFO Conversion(x)N/A-4-12.25-4.29
Working Capital Days
Receivable Days48.7032.6017.8028.8036.40
Inventory Days91.80107.60106.40112.10105.60
Payable Days12.6010.509.2046.9044

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Silkflex Polymers (India) Ltd FAQs

The current trading price of Silkflex 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 31-Dec-1969 the market cap of Silkflex Polymers stood at ₹257.4 Cr

The latest P/E ratio of Silkflex Polymers as of 31-Dec-1969 is 21.18.

The latest P/B ratio of Silkflex Polymers as of 31-Dec-1969 is 5.41.

The 52-week high of Silkflex Polymers is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Silkflex Polymers is ₹110 ( Cr.) .

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

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

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Silkflex Polymers (India) Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Silkflex Polymers (India) Ltd

Silkflex Polymers (India) Limited was originally incorporated on May 13, 2016 as “Silkflex Polymers (India) Private Limited” under the provisions of the Companies Act, 2013 with the Registrar of Companies, Central Registration Centre. Subsequently, the status of the Company was changed to public limited Company and the name of the Company was changed from ‘Silkflex Polymers (India) Private Limited’ to ‘Silkflex Polymers (India) Limited’ vide fresh certificate of incorporation dated December 21, 2023 by the Registrar of Companies, Kolkata. 

The company is engaged in the trading of the textile printing inks and water-based wood coating polymers products of a Malaysian based brand- ‘Silkflex’ produced by Silkflex Polymers SDN BHD (Silkflex Malaysia). Silkflex Malaysia, is one of the garment printing ink manufacturers of Malaysia. Silkflex Malaysia manufactures its products through its manufacturing unit located in Malaysia and the same products are then supplied around the globe through its authorised agents. The list of countries where Silkflex Malaysia supplies the products includes India, Thailand, Turkey, Russia, Sri Lanka, Bangladesh and Indonesia.

The company offers a wide variety of products of textile printing ink products and wood coating polymers products. The Company has entered into an agreement with Silkflex Malaysia on October 01, 2016, for distribution and selling, the water-based textile printing inks products of Silkflex. It also entered into agreement with Silkflex Malaysia on October 01, 2019 for distribution and selling, the wood coating polymers products of Silkflex Malaysia. These agreements also give it the rights to use the brand name of Silkflex in India. Further, by virtue of Technology Transfer Agreement (TTA) dated July 25, 2023, Silkflex Malaysia has permitted it to be the manufacturer of its products in India and agreed to provide full right, technology relating to products like Silkbond 35 and binder for table glue products.

Business area of the company

The company is engaged in the trading of the textile printing inks and water-based wood coating polymers products of a Malaysian based brand- ‘Silkflex’ produced by Silkflex Polymers SDN BHD.

Products of the company

  • Textile printing ink products
  • Wood coating products

History and milestones

  • 2016: Incorporation of the company under the name ‘Silkflex Polymers (India) Private Limited’ 
  • 2016: Company has entered into an agreement with Silkflex Malaysia on October 01, 2016, for distribution and selling, the water-based textile printing inks products of Silkflex
  • 2019: Company has entered into an agreement with Silkflex Malaysia on October 01, 2019 for distribution and selling, the wood coating polymers products of Silkflex Malaysia
  • 2023: Company has entered into an agreement with Silkflex Malaysia on July 25, 2023, for manufacturing the Silkflex products like Silkbond 35 and binder for table glue products in India. 
  • 2023: Conversion of the Company from Private Limited Company i.e., Silkflex Polymers (India) Private Limited to ‘Silkflex Polymers (India) Limited’.

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