MoneyWorks4Me

Futura Polyesters Ltd (INDIANORG)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500720 NSE: INDIANORG Textile - Manmade Fibres | Small Cap | Futura Polyesters Share Price

BSE Share Price
Not Listed

Futura Polyesters Ltd (INDIANORG)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500720 NSE: INDIANORG Textile - Manmade Fibres | Small Cap | Futura Polyesters Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹21 Cr.
Current Price
₹0
52-Week Low / High
₹4 / 4
TTM EPS
₹-3.4
TTM Sales
₹482 Cr.
Book Value per Share
₹22.3
P/E Ratio
0.00
Industry PE
23.4
Price to Book (P/B)
0.17
Higher than its 5-year historical median
Price to Sales (P/S)
0.04
EV/EBITDA
12.44
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
-21.93%
Return on Capital Employed (ROCE)
-2.38%
Return on Assets (ROA)
-5.18%
Operating Profit Margin
1.9%
Net Profit Margin
-4.92%
Gross Profit Margin
-1.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
-
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-68.85%
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
16.67%
Pledged shares (%) of Promoter's holding (%)
2.89%
Reserves
₹67 Cr.
Equity
₹54.9 Cr.
Face Value
₹10
All Time Low / High
₹1.58 / 106.20

Futura Polyesters stock performance

Key Ratios
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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.
Futura Polyesters 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'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % ⓘ0%0%0%0%0%0%0%0%0%0%-
Value Creation
Index ⓘ
NANANANANANANANANANA-

Growth Parameters ⓘ

Sales ⓘ00000000000
Sales YoY Gr.-NANANANANANANANANA-
Adj EPS ⓘ000000-0.7000-4
YoY Gr.-NANANANANANANANANA-
BVPS (₹) ⓘ-20.6-25.6-28-69.2-80.1-84-85-86.3-87.5-88.8-0.6
Adj Net
Profit ⓘ
000000-3.8000-22
Cash Flow from Ops. ⓘ11.813.21827024.6114.65.55.428-
Debt/CF from Ops. ⓘ21.62014.3110.924.756.84848.89.6-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘNANANANA
Adj EPS ⓘNANANANA
BVPSⓘNANANANA
Share Price - - - -

Key Financial Parameters ⓘ

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity % ⓘ
0000000.90008.9
Op. Profit
Mgn % ⓘ
0000000000NAN
Net Profit
Mgn % ⓘ
0000000000-INF
Debt to
Equity ⓘ
-2.7-2.2-1.9-0.7-0.6-0.6-0.6-0.6-0.6-0.6-
Working Cap
Days ⓘ
00000000000
Cash Conv.
Cycle ⓘ
00000000000

Valuation of Futura Polyesters - Consolidated

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!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *2.892.892.892.892.892.892.892.892.892.89
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'03Mar'04Mar'05Mar'06
Sales340.22410.09471.97482.22
Operating Expenses ⓘ + 318.97411.12442.18472.93
Manufacturing Costs103.9496.78102.04111.23
Material Costs164.73250.31274.52294.73
Employee Cost 21.1020.9624.1826.47
Other Costs ⓘ 29.2143.0741.4340.50
Operating Profit ⓘ 21.24-1.0229.799.28
Operating Profit Margin (%) 6.2%-0.2%6.3%1.9%
Other Income ⓘ + 8.377.128.906.20
Exceptional Items ⓘ -3.0212.62-1.87-1.58
Interest ⓘ 25.8124.5121.6022.31
Depreciation ⓘ 20.2119.6920.6420.89
Profit Before Tax ⓘ -19.42-25.49-5.43-29.31
Tax ⓘ -1.30-22.23-0.99-5.57
Profit After Tax -18.12-3.26-4.44-23.74
PAT Margin (%) -5.3%-0.8%-0.9%-4.9%
Adjusted EPS (₹)-4.8-0.9-0.9-3.6
Dividend Payout Ratio (%)0%0%0%0%
PARTICULARSMar'03Mar'04Mar'05Mar'06

Equity and Liabilities

Shareholders Fund + 92.38127.67128.83139.64
Share Capital ⓘ 33.4833.4848.3652.42
Reserves ⓘ 58.9094.1980.4787.22
Debt +179.46170.72178.88193.33
Long Term Debt179.46170.72178.88193.33
Short Term Debt0000
Minority Interest00023.96
Trade Payables61.1292.8565.2585.18
Others Liabilities ⓘ 60.7755.3273.8427.77
Total Liabilities ⓘ 393.72446.56446.79469.89

Fixed Assets

Net Fixed Assets ⓘ +236.67292.01270.73280.15
Gross Block430.98459.92468.27507.43
Accumulated Depreciation194.31167.91197.54227.29
CWIP ⓘ 2.791.385.647.75
Investments ⓘ 0.720.790.740.74
Inventories72.8753.6178.89101.60
Trade Receivables34.8029.8044.5527.75
Cash Equivalents 20.3344.0522.5021.83
Others Assets ⓘ 25.5524.9323.7530.06
Total Assets ⓘ 393.72446.56446.79469.89
PARTICULARSMar'03Mar'04Mar'05Mar'06
Cash Flow From Operating Activity ⓘ + 060.82-36.523.50
PBT ⓘ 0-38.10-3.56-27.72
Adjustment ⓘ 044.2037.5541.09
Changes in Working Capital ⓘ 055.61-70.57-11.05
Tax Paid ⓘ 0-0.560.170.63
Cash Flow From Investing Activity ⓘ + 0-21.84-9.45-20.66
Capex 0-22.10-12.98-23.16
Net Investments 000.132.20
Others ⓘ 00.263.410.30
Cash Flow From Financing Activity ⓘ + 0-15.2524.4216.49
Net Proceeds from Shares ⓘ 017.5114.884.07
Net Proceeds from Borrowing ⓘ 0-9.3019.7265.39
Interest Paid ⓘ 0-21.38-24.92-23.78
Dividend Paid ⓘ 0000
Others ⓘ 0-2.0814.75-29.18
Net Cash Flow ⓘ 023.73-21.55-0.67
PARTICULARSMar'03Mar'04Mar'05Mar'06
Ratios
ROE (%)-21.33-3.82-4.85-21.93
ROCE (%)2.42-0.376.07-2.38
Asset Turnover Ratio0.981.081.171.16
PAT to CFO Conversion(x)N/AN/AN/AN/A
Working Capital Days
Receivable Days33.10262624.80
Inventory Days69.2050.9046.4061.90
Payable Days135.40112.30105.1093.20

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Announcements

Futura Polyesters Ltd FAQs

The current trading price of Futura Polyesters 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 Futura Polyesters stood at ₹21.13 Cr

The latest P/E ratio of Futura Polyesters as of 31-Dec-1969 is 0.00.

The latest P/B ratio of Futura Polyesters as of 31-Dec-1969 is -6.76.

The 52-week high of Futura Polyesters is ₹3.85 and the 52-week low is ₹3.81.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Futura Polyesters is ₹0.00 ( Cr.) .

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

No data found

No data found

About Futura Polyesters Ltd

Futura Polyesters is the merged entity of Futura Polymers Limited and Indian Organic Chemicals Limited. ‘Futura’ is the proud owner of the brand launched in 1972.

Futura’ is a ‘Complete Polyester Company’, producing the entire range of Polyesters: PET, PBT, PTT, PEN, PTN and PBN.Today it is truly a ‘Complete Polyester Company’, covering the entire range of Polyesters from PET through PBT, PTT, PEN, PTN and PBN.

The ‘Futura’ brand is synonymous with products for the future: Speciality Polyesters for high end application.'Futura’ brand is synonymous with products for the future: Speciality Polyesters for high end applications. The company works with global companies such as Pepsi, Coke, SIP (formerly GE Plastics), Shell Chemicals, Danone, Faerchplast-Denmark, Associated Packaging Technologies – USA and many more.

The company is committed to Global Quality Systems : ISO 9001:2000 Certification for the production facilities of Fibres, Polymers and Preforms ; Committed to Environment, Health and Safety : ISO 14001:1996 for the PET Recycling facilities.

Products of the company include :Futura polymers products

SPECIALITY PET RESINS - PRODUCT RANGE :

  • Futura ClearPET -   General Purpose packaging of beverage containers for CSD / Water and Sheet Extrusion / Thermoforming, requiring excellent clarity.
  • Futura FastPET  -  High Speed blow moulding applications (Fast Reheat) for CSD/ Water, requiring good clarity and sheet extrusion, and requiring excellent processability.
  • Futura NuBarPET -  Customised Resin for High Barrier Mono -Layer applications such as 200-250 ml CSD beverages with improved shelf life; UV barrier peroperty can be customised as required.
  • Futura Clear FastPET -  As good as normal Fast Reheat Resin, with excellent colour values and no greyish tone.
  • Futura GreenPET -   Contains 20% PCRPET input on Glycolysis route, with Fast Reheat properties , for High Speed Blow Moulding of CSD / Water Prefroms and Sheet Extrusion / Thermoforming applications requiring  excellent processability. 
  • Futura WavePET -  Sheet Extrusion and Thermoforming applications for Dual Ovenable Trays and similar products; Nucleating and energy efficient Grades also available.
  • Futura JarPET  -  Gallon Jars requiring excellent clarity and processability with excellent scratch resistance and 60 oC ‘hot wash’ properties.
  • Futura JarPETN -  Gallon Jars requiring excellent clarity and processability with excellent scratch resistance and 75 oC ‘hot wash’ properties, as also 360nm UV Barrier as good as Poly Carbonate.
  • Futura HotPET -  Hot fill applications upto 88 oC on Heat Set Blow Moulded bottles and 82 oC on normal blow moulded bottles; Higher glass transition temperature, higher crystallinity, Low shrinkage and UV barrier properties. 
  • Futura EcoPET -  Antimony free Homo Polymer for “eco-label” packaging: Hot Fill 88 oC without Crystalised neck, CSD ; Water and Sheet Extrusion / Thermoforming, Excellent clarity and Customised easy processability; 100% Heavy Metal free option.
  • Futura EBMPET -  Wide range of Customised Extrusion Blow Moulding applications; High melt strength and optimum processability. 

 SPECIALITY POLYESTER RESINS - PRODUCT RANGE :

  • Futura PEN  -  High performance packaging, fibres, films and Engineering Thermo Plastics; Refillable and Returnable Beverage / Beer bottles; Heat resistant and UV resistant bottles; High performance speciality Film applications. 
  • Futura PETN  -   For high barrier and high heat containers and other niche applications.
  • Futura PBT  -   Injection moulding /Compounding / customised applications.   -B 1.20 
  • Futura PBN  -  High barrier resistance for Petro Fuel parts and intricate High end Moulding applications. 
  • Futura CPTT  -  Clear PTT polymer for Fibres / Filaments for Carpets, Films and ETP 
  • Futura DPTT -   Delustered PTT for Textile applications
  • Futura PTN  -   High CO2 / O2 barrier applications in Packaging and ETP. 
  • Futura BeerPET  - Mono layer bottles for Beer Packaging with capability for high CO2 barrier and Tunnel Pasteurisation. Compatible with all Oxygen Scavengers including Amosorb.

Futura Fibres products:

  • Polyester Tow
  • Polyester Tops 
  • Lowpill Polyester
  • PSF - Cotton Spinning Systems  PSF
  • Dope Dyed Polyester Fibre 
  • Crimpless Tow - Flock Products 

Subsidiary of the company are:

  • Futura Polymers
  • Futura Fibres  Futura Fibres manufactures Polyester master batches in black and other colours for end uses such as dope dyed polyester staple fibre and dope dyed polyester partially oriented yarn. The standard product is a 30% carbon PET master batch (specifications given below). Master Batches in PET, PBT and Co-Polyesters are available.
  • Futura Preforms

Milestones achieved

  • 1960  Indian Organic Chemicals Limited was founded by B M Ghia
  • 1963  Alcohol based chemicals manufacturing at Khopoli
  • 1972  Polyester Fibre manufacturing at Chennai (6000 TPA) 
  • 1978 R & D achievement on RPET/RPBT/DMT/Glycolysis: Recycling of Fibrous waste into Fibres commercialized.
  • 1986  Sonata Software Division launched.
  • 1987  Polyester Expansion :38500 TPA Fibres and 9000 TPA Filament Yarn
  • 1988  Speciality Fibres (Tow / Tops) / Dope Dyed Black Fibres launched; R & D achievement on PTA Recovery Technology.
  • 1993  Futura Polymers Limited (FPL) launched – JV between Pepsico Inc U.S.A & IOCL ; PET Resin (28000 TPA) ; Preforms (3500 TPA)
  • 1994  'Sonata Software Limited '- hived off ; Filament Yarn Plant closed; Master Batch Chips’ plant Commissioned.
  • 1998  Futura Polymers Limited (FPL) becomes 100% subsidiary of IOCL. 
  • 2001  Preforms Expansion to 12000 TPA (6 M/Cs) completed. Speciality PET Range launched. Preforms Expansion to 20000 TPA (9 M/Cs) completed.
  • 2002  Name changed to Futura Polyesters Limited; Innovassynth Technologies India Ltd. launched, after closure of A’lcs-Chemical business; PET Resin capacity expanded from 28000 TPA to 57000 TPA.
  • 2003  PET Specialities: Fast Reheat, Hot Fill, JarPET and 20% PCRPET resins launched.
  • 2004  PTT and PEN manufacture commercialized; Heavy Metal Free PET, Beer PET, “Clear “ Fast Reheat PET, PENT, PBN and PTN developed.
  • 2006  Hotfill Resin for Fruit Juice containers without crystalised neck developed. `VFlex' Staple Fibre, High Shrink Film PET and EPTT for Engineering Thermo Plastics developed.
  • 2007  New Barrier PET Resin for small CSD containers and pasteurizable PETN Resin developed; 300 plus shades of color Fibres and Hi Shrink Fibre launched; transfer of Chemical Division to Innovassynth Technologies India Ltd. completed.
  • 2008  CrysPET and NuPET range of resins for high crystalanity and high barrier use developed. Flame Retardant Fibre and high shrink Fibre commercialized.
  • 2011  Futura Polyesters has incorporated a wholly owned subsidiary Company under the name FPL Property Developers Pvt. Ltd.

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