X

Premco Global Ltd. Stock Analysis

Small Cap
Evaluated by 446 users | BSE: 530331 | NSE: |
Textile
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...

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'19
Return on Capital Employed 8.13%9.39%5.79%21.24%25.83%30.17%24.19%16.52%5.24%-0.6%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 28.143.133.852.96672.373.969.96250.4
Y-o-Y Gr. Rt.-53.6%-21.7%56.5%25%9.5%2.3%-5.5%-11.3%-18.7%
Adjusted EPS (Rs.) 3.454.332.0515.2722.532.7433.5229.329.51-2.96
Y-o-Y Gr. Rt.-25.5%-52.7%644.9%47.4%45.5%2.4%-12.5%-67.6%-131.1%
Book Value per Share (Rs.) 49.2552.3853.0466.0686.87118.32153.51189.21200.96203.83
Adjusted Net Profit 1.11.30.64.97.510.911.19.73.1-1
Net Op. Cash Flow (Rs. Cr.) 0.42.71.60.89.510.8163.82.3-6.2
Debt to Cash Flow from Ops 9.92.664.4110.460.650.310.272.651.36-0.43
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.
Premco Global Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 6.7%-5.3%-12%-18.7%
Adjusted EPS -198.3%-166.7%-144.5%-131.1%
Book Value per Share 17.118.69.91.4
Share Price 14.4% -32.9% -42% -21.9%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 7.228.583.9126.3930.2232.1324.6317.114.88-1.46
Operating Profit Margin (%) 8.198.689.0216.620.8728.0827.3125.349.46-1.1
Net Profit Margin (%) 3.743.051.849.2111.3715.1114.9813.875.07-1.94
Debt to Equity 0.260.460.440.390.210.080.080.160.050.04
Working Capital Days 172114159137137139140175234314
Cash Conversion Cycle 977410898101101104112120138
Entity Percentage Holding
Promoters 66.89%
Institutions 2.42%
Non-Institutions 30.69%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Premco Global's performance infers:

Premco Global earnings have declined by -166.7%, whereas share price has depreciated -32.9% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Premco Global share prices over the last 10 years. Here is what we found out:

Premco Global share price has depreciated 13.3% annually over the past ten years.

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,

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.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

Callback