Paras Petrofils Ltd Stock Analysis

BSE: 521246 | NSE: PARASPETRO | Textile - Manmade Fibres | Small Cap

BSE Share Price 02-Jun-2023 18:01
0.87 -0.01 (-1.14%)

DeciZen - Make an Informed Decision on Paras Petrofils

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Paras Petrofils Price Chart

P/E Ratio ( SA) :
Market Cap :
29.1 Cr.
52-wk low :
52-wk high :
Bole Toh?

1. Is Paras Petrofils Ltd a good quality company?

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

2. Is Paras Petrofils Ltd undervalued or overvalued?

The key valuation ratios of Paras Petrofils Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Paras Petrofils Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Paras Petrofils 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 Paras Petrofils:

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.
Paras Petrofils 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

ROCE % -37.5%-4.7%-0.3%-1.5%3.7%1%2.5%2.8%3.9%3.7%-
Value Creation Index -3.7-1.3-1.0-1.1-0.7-0.9-0.8-0.8-0.7-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1189.54.80000.10000
YoY Gr. Rt. %--91.9%-49.3%-100%NANANA-100%NANA-
Adj EPS -0.4-00-00000000
YoY Gr. Rt. %-NANANANA-66.7%100%0%50%0%-
BVPS (₹)
Adj Net Profit -13.2-1.4-0.1-
Cash Flow from Ops. 0.4-7.2-4.8-7.3-0.7-1.8-0.1-0.30.8-0.7-
Debt/CF from Ops. 3.8-0.100-0.600000-


CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%NA-100%NA
Adj EPS NA0%14.5%0%
BVPS -1.400.63.4
Share Price 13.7% 38.6% 72.3% 411.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Return on Equity % -39.7-4.9-0.3-1.53.712.
Op. Profit Mgn % -12.66.8-4000-844.30000
Net Profit Mgn % -11.2-14.6-1.9000770.80000
Debt to Equity 0.10000000000
Working Cap Days 4622313800058,1260000
Cash Conv. Cycle -23-312-170002730000

Recent Performance Summary

Net Profit is growing at healthy rate in last 3 years 14.47%

Return on Equity has declined versus last 3 years average to 1.60%

Sales growth has been subdued in last 3 years -100.00%

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

Latest Financials - Paras Petrofils Ltd.

Standalone Consolidated
TTM EPS (₹) 0 -
TTM Sales (₹ Cr.) 0 -
BVPS (₹.) 0.6 -
Reserves (₹ Cr.) -13 -
P/BV 1.39 -
PE 85.52 -
From the Market
52 Week Low / High (₹) 0.81 / 1.80
All Time Low / High (₹) 0.09 / 5.75
Market Cap (₹ Cr.) 29.1
Equity (₹ Cr.) 33.4
Face Value (₹) 1
Industry PE 13.2

Management X-Ray of Paras Petrofils :

Shareholding Pattern

Promoter's Holding & Share Pledging

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

Event Update

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Analyst's Notes

Key Ratios of Paras Petrofils

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)


Paras Petrofils Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Paras Petrofils on 02-Jun-2023 18:01 is : 0.87.
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 02-Jun-2023 18:01 the market cap of Paras Petrofils stood at ₹ 29.08.
The latest PE ratio of Paras Petrofils as of 02-Jun-2023 18:01 is 85.52.
The latest PB ratio of Paras Petrofils as of 02-Jun-2023 18:01 is 1.39
The 52-week high of Paras Petrofils is ₹ 1.80 and the 52-week low is ₹ 0.81.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Paras Petrofils is ₹ 0.00 ( Cr.) .

About Paras Petrofils Ltd

Paras Petrofils was incorporated on March 20, 1991 as a public limited company with the Registrar of Companies, Gujarat. The company is promoted by late Devraj Jain, Kailash Chand Jain, late Raghubir Singh Jain, Anand Kumar Jain, Ashok Kumar Jain, Des Raj Jain and Vinod Kumar Bansal of Paras Group.

The promoters of the company have a long experience of two to three decades in trading of the gray fabrics and processing of the cloths at dyeing and printing mills of their own or getting job work outside and also as commission agents in this trade at Surat.

Initially, company was engaged in trading activity up to March 31, 1994. After that promoters of the company, decided to set up the manufacturing plant for POY, a step towards backward integration. In the year 1995 the company came up with a public issue of Rs 1725.71 lakh, to set up the POY project with a cost of Rs 2850.71 lakh having a capacity of 5740 TPA. This public offer was been fully subscribed. In March 1998 the company came up with its forward integration project of establishing a texturising plant at a cost of Rs 552.70 lakh (with capacity of 3080 TPA).

In the year 2002, the company undertook expansion envisaging addition of 3325 TPA of Fully Drawn Yarn (FDY) to the existing capacity. The company is the pioneer in Fully Drawn Production (FDY) production in India. FDY have improved both, the top and bottomline of the company significantly as FDY is a more value added product.

Further in 2003, the company increased its POY capacity by 16935 TPA. In the year 2004, the company installed a gas-based captive power plant to reduce its power cost. Located in the Surat district of Gujarat, the manufacturing unit has a capacity to manufacture 22,675 MTPA partially oriented yarn, 3,725 MTPA fancy doubler yarn, and 3,080 MTPA texturized yarn. The company has installed a 2 MW natural gas-based captive power plant imported from Austria.

Business areas of the company:

The company is engaged in the manufacture of polyester filament yarn products. It was promoted by the Paras Group, which is engaged in the business of synthetic fabrics like sarees and dress materials and also in texturizing of yarn.

Group companies:

• Paras Prints • Paras Silk Mills • Vir Silk Mills.

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