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Paras Petrofils Ltd Stock Analysis

Small Cap
Evaluated by 81 users | BSE: 521246 | NSE: PARASPETRO |
Textile - Manmade Fibres

Analysis of Financial Track Record

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.
Value Creation
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20TTM
Return on Capital Employed 5.65%8.19%-12.5%-37.52%-4.7%-0.31%-1.53%3.69%1.03%2.46%0.35%-
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 96.21141041189.54.80000.100
Y-o-Y Gr. Rt.-18.3%-8.8%13.7%-91.9%-49.3%-100%NANANA-100%-
Adjusted EPS (Rs.) 0.060.11-0.17-0.39-0.040-0.010.030.010.0200.03
Y-o-Y Gr. Rt.-83.3%-254.6%NANANANANA-66.7%100%-100%-
Book Value per Share (Rs.) 1.161.271.090.690.80.70.660.610.580.60.560.61
Adjusted Net Profit 2.13.6-5.8-13.2-1.4-0.1-0.40.90.20.60.11
Net Op. Cash Flow (Rs. Cr.) 8.87.12.70.4-7.2-4.8-7.3-0.7-1.8-0.1-0.3-
Debt to Cash Flow from Ops 0.940.480.563.79-0.100-0.55000-
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Paras Petrofils Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  10 yrs 5 yrs 3 yrs 1 yr
Net Sales -100%-100%NA-100%
Adjusted EPS -100%NA-100%-100%
Book Value per Share -8.7-4.4-2.8-6.7
Share Price - - - -
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20TTM
Return on Equity (%) 5.028.18-13.66-39.69-4.9-0.32-1.533.670.992.450.345.13
Operating Profit Margin (%) 8.727.92-4.7-12.616.79-3.99000-844.2900
Net Profit Margin (%) 2.143.16-5.63-11.16-14.59-1.87000770.7800
Debt to Equity 0.20.080.040.060.02000.020000
Working Capital Days 3438624622313800058,1260-
Cash Conversion Cycle 19153-23-312-170002730-
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Entity Percentage Holding
Promoters 39.30%
Non-Institutions 60.70%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
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Data is not available for this company.

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Data is not available for this company.

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

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.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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