Technopack Polymers Ltd - Stock Valuation and Financial Performance

BSE: 543656 | NSE: | Plastic Products | Small Cap

Technopack Polymers Share Price

69 -1.50 -2.13%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Technopack Polymers

M-Cap below 100cr DeciZen not available

Technopack Polymers stock performance -

mw4me loader
P/E Ratio (SA):
16.06
Market Cap:
38.1 Cr.
52-wk low:
68.5
52-wk high:
113.6

Is Technopack Polymers Ltd an attractive stock to invest in?

1. Is Technopack Polymers Ltd a good quality company?

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

2. Is Technopack Polymers Ltd undervalued or overvalued?

The key valuation ratios of Technopack Polymers Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Technopack Polymers Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Technopack Polymers 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 Technopack 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.
Technopack 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'20Mar'21Mar'22Mar'23TTM
ROCE % 6.2%5.5%36.9%19.3%-
Value Creation
Index
-0.6-0.61.60.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 3.25.81011.512
Sales YoY Gr.-80.6%72.7%15.4%-
Adj EPS 0.20.194.44.4
YoY Gr.--56.3%12800%-51.4%-
BVPS (₹) 3.94.112.831.731.7
Adj Net
Profit
002.12.42
Cash Flow from Ops. 0.10.50.7-0.7-
Debt/CF from Ops. 49.88.35.4-3.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA53.3%15.4%
Adj EPS NANA201.6%-51.4%
BVPSNANA100.4%147.7%
Share Price - - - -24.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
3.91.7105.423.613.9
Op. Profit
Mgn %
8.59.637.131.7NAN
Net Profit
Mgn %
1.20.321.120.620.6
Debt to
Equity
2.84.71.30.1-
Working Cap
Days
01491743220
Cash Conv.
Cycle
0941272090

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 53.26%

Net Profit is growing at healthy rate in last 3 years 201.61%

Debt to equity has declined versus last 3 years average to 0.14

Return on Equity has declined versus last 3 years average to 13.90%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Technopack Polymers Ltd.

Standalone Consolidated
TTM EPS (₹) 4.4 -
TTM Sales (₹ Cr.) 11.5 -
BVPS (₹.) 31.7 -
Reserves (₹ Cr.) 12 -
P/BV 2.23 -
PE 16.06 -
From the Market
52 Week Low / High (₹) 68.51 / 113.55
All Time Low / High (₹) 68.51 / 143.00
Market Cap (₹ Cr.) 38.1
Equity (₹ Cr.) 5.4
Face Value (₹) 10
Industry PE 35.2

Management X-Ray of Technopack Polymers:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Technopack Polymers

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23
Sales3.205.789.9811.52
Operating Expenses 2.925.226.287.86
Manufacturing Costs0.550.610.660.75
Material Costs2.134.335.446.09
Employee Cost 0.170.180.080.11
Other Costs 0.080.110.100.91
Operating Profit 0.270.563.703.65
Operating Profit Margin (%) 8.5%9.6%37.1%31.7%
Other Income 0.360.380.050.20
Interest 0.260.330.250.23
Depreciation 0.340.590.520.39
Exceptional Items 0000
Profit Before Tax 0.030.022.983.23
Tax -0.0100.870.86
Profit After Tax 0.040.022.112.37
PAT Margin (%) 1.2%0.3%21.1%20.6%
Adjusted EPS (₹)0.20.19.04.4
Dividend Payout Ratio (%)0%0%5%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 0.981317.09
Share Capital 1115.40
Reserves -0.020211.69
Minority Interest0000
Debt2.573.753.171.61
Long Term Debt2.573.292.710.61
Short Term Debt00.460.461.01
Trade Payables00.341.370.14
Others Liabilities 0.010.741.671.52
Total Liabilities 3.575.839.2120.36

Fixed Assets

Gross Block2.033.933.143.19
Accumulated Depreciation0.481.071.021.40
Net Fixed Assets1.542.862.131.78
CWIP 0000
Investments 0.0400.220.23
Inventories0.941.264.228.06
Trade Receivables0.101.022.191.11
Cash Equivalents 0.030.110.124.57
Others Assets0.920.580.334.61
Total Assets 3.575.839.2120.36

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 0.050.540.72-0.72
PBT 0.030.022.983.23
Adjustment 0.600.910.761.03
Changes in Working Capital -0.57-0.37-2.13-4.12
Tax Paid -0.01-0.02-0.90-0.86
Cash Flow From Investing Activity -0.30-2.050.25-4.20
Capex -0.31-1.900.21-0.05
Net Investments -0.040.04-0.22-0.01
Others 0.05-0.190.26-4.15
Cash Flow From Financing Activity 0.151.59-0.959.38
Net Proceeds from Shares 00011.08
Net Proceeds from Borrowing 0.310.72-0.58-2.06
Interest Paid -0.26-0.33-0.25-0.12
Dividend Paid 00-0.100
Others 0.111.20-0.020.48
Net Cash Flow -0.090.080.014.45
PARTICULARSMar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)4.142.04106.9923.61
ROCE (%)8.327.8752.4426.36
Asset Turnover Ratio0.91.231.330.79
PAT to CFO Conversion(x)1.25270.34-0.3
Working Capital Days
Receivable Days12355852
Inventory Days10770100193
Payable Days0155745

Technopack Polymers Ltd Stock News

Technopack Polymers Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Technopack Polymers on 28-Mar-2024 16:01 is ₹69.00.
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 Technopack Polymers stood at ₹38.07.
The latest P/E ratio of Technopack Polymers as of 28-Mar-2024 16:01 is 16.06.
The latest P/B ratio of Technopack Polymers as of 28-Mar-2024 16:01 is 2.23.
The 52-week high of Technopack Polymers is ₹113.5 and the 52-week low is ₹68.51.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Technopack Polymers is ₹11.52 ( Cr.) .

About Technopack Polymers Ltd

The company was incorporated as Technopack Polymers Private Limited on August 09, 2018 at Morbi, Dist. Rajkot, Gujarat as a private limited company under the Companies Act, 2013 with the Registrar of Companies, Ahmedabad. Subsequently, the name of the company was changed to 'Technopack Polymers Limited' pursuant to a special resolution passed by the shareholders of the company at the Extra Ordinary General Meeting held on July 11, 2022. A fresh certificate of incorporation consequent upon change of name was issued on July 15, 2022 by the Registrar of Companies, Ahmedabad.

The company manufactures high quality PET preform on 48 cavity state-of-art, world class Milacron Machine and ACME Mould with “TECHNOPET” brand name. The company also manufactures high quality CCM CAP. The major product ranges offered by the company include PET Preforms and HDPE Cap Closure. PET Preforms are used by customer companies for packaged drinking water industry, Carbonated Soft Drinks etc. Preform manufactured by the company is made from premium PET resin. The Pet Preforms are acclaimed for their excellent quality. These Pet Preforms can be availed in any color and size, as per the special requirements of the clients. Moreover, Cap-Closure is made by HDPE plastic granules. It is manufacturing CAP-Closure by world class continuous compression moulding system.

Business area of the company

Technopack is a leading manufacturer of Caps, Closures and other packaging solutions for the industry. The company products are manufactured at world-class manufacturing facilities with strict quality standards to ensure that product conforms to all industry requirements. The company use the latest machines with precision moulds to provide the best quality to all our customers.


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