Premco Global Ltd - Stock Valuation and Financial Performance

BSE: 530331 | NSE: | Textile | Small Cap

Premco Global Share Price

459.80 11.10 2.47%
as on 08-Oct'24 16:01

DeciZen - make an informed investing decision on Premco Global

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Premco Global stock performance -

mw4me loader
P/E Ratio (SA):
28.70
Market Cap:
148.3 Cr.
52-wk low:
360
52-wk high:
547

Is Premco Global Ltd an attractive stock to invest in?

1. Is Premco Global Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Premco Global Ltd is a average quality company.

2. Is Premco Global Ltd undervalued or overvalued?

The key valuation ratios of Premco Global Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Premco Global Ltd a good buy now?

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

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.
Premco Global Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 50.8%42.1%29.5%10.8%0.9%-1.8%7.8%19.6%15.5%9.9%-
Value Creation
Index
2.62.01.1-0.2-0.9-1.1-0.40.40.1-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 72.373.969.96250.445.46286.470.963.666
Sales YoY Gr.-2.3%-5.5%-11.3%-18.7%-9.8%36.6%39.3%-18%-10.2%-
Adj EPS 32.733.529.39.5-3-11.58.923.423.110.215.6
YoY Gr.-2.4%-12.5%-67.6%-131.1%NANA162.4%-1.1%-56%-
BVPS (₹) 118.3153.5189.2201203.8193.5200.4211.1226.1230.7234.3
Adj Net
Profit
10.911.19.73.1-1-3.837.77.63.45
Cash Flow from Ops. 10.8163.82.3-6.219.1-3.711.414.72.6-
Debt/CF from Ops. 0.30.32.71.4-0.40.3-1.80.20.51.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -1.4%4.8%0.9%-10.2%
Adj EPS -12.2%NA4.5%-56%
BVPS7.7%2.5%4.8%2%
Share Price 16.7% 34.4% -4.8% 10.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
32.124.617.14.9-1.5-5.84.511.410.64.56.7
Op. Profit
Mgn %
28.127.325.39.5-1.1-79.815.217.210.28.5
Net Profit
Mgn %
15.11513.95.1-1.9-8.44.88.910.85.37.8
Debt to
Equity
0.10.10.20.100.10.100.10.1-
Working Cap
Days
13914017523431429318215116717495
Cash Conv.
Cycle
10110411212013813610588939074

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 6.70%

Sales growth has been subdued in last 3 years 0.86%

Net Profit has been subdued in last 3 years 4.51%

Sales growth is not so good in last 4 quarters at 4.61%

Latest Financials - Premco Global Ltd.

Standalone Consolidated
TTM EPS (₹) 15.6 30.8
TTM Sales (₹ Cr.) 66.1 100
BVPS (₹.) 234.3 350.5
Reserves (₹ Cr.) 74 113
P/BV 1.92 1.28
PE 28.70 14.59
From the Market
52 Week Low / High (₹) 360.00 / 547.00
All Time Low / High (₹) 2.94 / 974.00
Market Cap (₹ Cr.) 148
Equity (₹ Cr.) 3.3
Face Value (₹) 10
Industry PE 28.4

Management X-Ray of Premco Global:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Premco Global

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales72747062504562867164
Operating Expenses 52545256514956735957
Manufacturing Costs8987877988
Material Costs30313034282532443128
Employee Cost 788991010131313
Other Costs 6776666778
Operating Profit 2020186-1-3613126
Operating Profit Margin (%) 28.0%27.3%25.3%9.5%-1.1%-7.0%9.8%15.2%17.2%10.2%
Other Income 2334343324
Interest 1111111111
Depreciation 2222222232
Exceptional Items 000000-1000
Profit Before Tax 19201870-2513117
Tax 77620-11422
Profit After Tax 12131250-24996
PAT Margin (%) 16.7%17.1%16.9%8.2%0.3%-3.8%5.8%10.8%12.6%9.2%
Adjusted EPS (₹)36.438.335.615.30.5-5.310.928.327.117.7
Dividend Payout Ratio (%)7%8%8%20%416%-38%74%53%55%57%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 39516366676466707576
Share Capital 3333333333
Reserves 36475963646163667173
Minority Interest0000000000
Debt3492266173
Long Term Debt0122211113
Short Term Debt2370055060
Trade Payables3344344533
Others Liabilities 7587556965
Total Liabilities 51628379777883859088

Fixed Assets

Gross Block23252829293029344544
Accumulated Depreciation13151718192019212324
Net Fixed Assets10101111111010132220
CWIP 0000000006
Investments 10233126182833303324
Inventories151516910101311911
Trade Receivables101013131281316118
Cash Equivalents 22313145676
Others Assets43111824899913
Total Assets 51628379777883859088

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 111642-619-411153
PBT 19201870-2513117
Adjustment 3300020120
Changes in Working Capital -41-9-2-620-804-3
Tax Paid -7-8-5-20-1-1-3-3-2
Cash Flow From Investing Activity -6-14-759-10-40-145
Capex -1-2-4-2-1-1-2-5-11-7
Net Investments -5-12-269-10-24-312
Others 00-11111000
Cash Flow From Financing Activity -5-23-9-12-2-10-1-9
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -112-10-10002
Interest Paid -1-1-1-1-1-1-1-1-1-1
Dividend Paid -1-2-1-10-1-1-6-4-4
Others -204-6050-35-6
Net Cash Flow 000-2211-910-1
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)35.4628.1520.787.850.24-2.645.5213.7712.387.75
ROCE (%)50.7842.1129.5110.780.86-1.797.8419.5715.59.89
Asset Turnover Ratio1.51.30.960.760.640.580.771.030.810.71
PAT to CFO Conversion(x)0.921.230.330.4N/AN/A-11.221.670.5
Working Capital Days
Receivable Days55495876938464626853
Inventory Days66747973687968515258
Payable Days36334040424946394942

Premco Global Ltd Stock News

Premco Global Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Premco Global on 08-Oct-2024 16:01 is ₹459.8.
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 08-Oct-2024 16:01 the market cap of Premco Global stood at ₹148.3.
The latest P/E ratio of Premco Global as of 08-Oct-2024 16:01 is 28.70.
The latest P/B ratio of Premco Global as of 08-Oct-2024 16:01 is 1.92.
The 52-week high of Premco Global is ₹547.0 and the 52-week low is ₹360.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Premco Global is ₹66.09 ( Cr.) .

About Premco Global Ltd

Premco Global was founded in the year 1966 is an ISO 9000:2000 company manufacturing Woven and Knit Elastic and Non-Elastic Narrow Fabric, Tape and Webbing for use in the Apparel, Lingerie Sports-related, Medical, Footwear, Luggage, Furnishing and Automotive industries.

Specializing in the manufacture of Woven and Knitted Elastic and non-Elastic Narrow Fabric and Webbing (4mm-250mm), Premco’s extensive product range caters to the apparel, lingerie, sports-related, medical, footwear, luggage, furnishing, and automotive industries.

Distinguished as a top world supplier, Premco’s products are trusted by international companies and brands such as GAP / Old Navy, Sara Lee, Fruit of the Loom, Target Stores, Walmart, and many others.

In addition to a vast stock product line, Premco specializes in narrow fabric for custom-specific applications. Color, design, dimension, material and performance are made the way you want.

The Premco Group of companies was a pioneer amongst Indian trading houses in the manufacture and export of high-fashion ready-made garments to department, chain stores and boutiques in international markets across the United States, Europe, and the Latin Americas.

Over the years, additions to the group included Premco Silk Mills, Narrowleen Fabrics, and Premco Narrow Fabrics, all manufacturing specialty textile and fabric materials for the apparel and home furnishing industries. 

In 1977, Premco Global ventured into manufacturing high-quality Woven and Knitted Elastic and Rigid narrow fabric and tape products designed for use in industry-specific applications in the apparel, lingerie, sports-related, medical, footwear, luggage and automotive fields. 

Headquartered in Mumbai, India with sales offices throughout major garment production centers like Delhi, Chennai, Tirupur, Bangalore, Calcutta and Ahmedabad, Premco maintains close customer ties and is able to service requirements in line with the latest in market trend throughout Asia and the major garment production centers of the world. 

Today, Premco Global shares the distinction of being an ISO 9001-2000 company, and is listed on the (BSE) Bombay Stock Exchange. In addition to these distinctions, Premco is proud to be a preferred supplier to companies such as Gap, Old Navy, Sara Lee, Tesco, Fruit of the Loom, Target Stores, Walmart and many others. 

In 2004, the Premco Group of Companies added Pixel Packaging Ltd, to its roster. Pixel manufactures identification and packaging products such as woven and printed labels, hangtags, pressure sensitive labels, integrated barcode products, PDQ display boxes, and the increasingly popular heat Transfer or Tag-less labels

Product range of the company includes:

  • Name Tapes
  • Printed Elastic
  • Hair Band
  • Panty Elastic
  • Plain Tape
  • Shoulder Straps
  • Rigid Tapes
  • Button Hole
  • Medical

Packaging and Brand  Identification products

  • Woven Labels
  • Flock Embellishments
  • Printed Labels
  • PDQ Displays
  • Handtags
  • Tagless or Heat Transfer Labels and Decoration

Clientele

  • American Eagle Outfitters
  • Banana Republic
  • Old Navy
  • The Childrens’s Place
  • Tesco
  • Target
  • Tommy Hilfiger, and many more

Achievements/ recognition:

  • Premco Global is an ISO 9000:2000 accredited organization.
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