Financials Polylink Polymers (India) Limited

Equities

POLYLINK6

INE323D01020

Commodity Chemicals

Market Closed - Bombay S.E. 08:00:42 18/05/2024 BST 5-day change 1st Jan Change
27.5 INR -1.26% Intraday chart for Polylink Polymers (India) Limited +3.07% +5.81%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 486.5 346 161.4 261.1 525.1 429.8
Enterprise Value (EV) 1 510.8 374.4 165.3 274.6 543.7 411.9
P/E ratio 32.7 x 31.1 x 15.1 x 21.9 x 58.6 x 66.7 x
Yield - - - - - -
Capitalization / Revenue 1.4 x 0.73 x 0.34 x 0.69 x 1.15 x 0.85 x
EV / Revenue 1.47 x 0.79 x 0.35 x 0.73 x 1.19 x 0.82 x
EV / EBITDA 15.3 x 14.3 x 7.3 x 12.5 x 25.5 x 24.5 x
EV / FCF -92.9 x -40.6 x 7.96 x -28.8 x -48 x 12.3 x
FCF Yield -1.08% -2.47% 12.6% -3.47% -2.09% 8.13%
Price to Book 2.29 x 1.55 x 0.69 x 1.06 x 2.06 x 1.65 x
Nbr of stocks (in thousands) 22,112 22,112 22,112 22,112 22,112 22,112
Reference price 2 22.00 15.65 7.300 11.81 23.75 19.44
Announcement Date 13/08/18 22/07/19 03/09/20 03/09/21 03/06/22 01/09/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 348.4 473.1 473.4 377.4 458 503.6
EBITDA 1 33.43 26.12 22.64 21.89 21.33 16.82
EBIT 1 24.44 17.4 14.28 14.32 13.08 8.018
Operating Margin 7.02% 3.68% 3.02% 3.79% 2.86% 1.59%
Earnings before Tax (EBT) 1 22.47 15.81 14.46 14.84 14.04 9.664
Net income 1 14.87 11.14 10.67 11.93 8.965 6.441
Net margin 4.27% 2.35% 2.25% 3.16% 1.96% 1.28%
EPS 2 0.6727 0.5038 0.4825 0.5395 0.4054 0.2913
Free Cash Flow 1 -5.498 -9.233 20.77 -9.533 -11.34 33.48
FCF margin -1.58% -1.95% 4.39% -2.53% -2.48% 6.65%
FCF Conversion (EBITDA) - - 91.76% - - 199.01%
FCF Conversion (Net income) - - 194.69% - - 519.76%
Dividend per Share - - - - - -
Announcement Date 13/08/18 22/07/19 03/09/20 03/09/21 03/06/22 01/09/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 24.3 28.4 3.87 13.4 18.5 -
Net Cash position 1 - - - - - 18
Leverage (Debt/EBITDA) 0.727 x 1.086 x 0.171 x 0.6142 x 0.8686 x -
Free Cash Flow 1 -5.5 -9.23 20.8 -9.53 -11.3 33.5
ROE (net income / shareholders' equity) 7.28% 5.12% 4.67% 4.97% 3.58% 2.5%
ROA (Net income/ Total Assets) 5.77% 3.87% 3.12% 3.11% 2.71% 1.64%
Assets 1 257.6 288 342.1 383.8 331.3 393
Book Value Per Share 2 9.590 10.10 10.60 11.10 11.50 11.80
Cash Flow per Share 2 0.0800 0.0600 0.1000 0.0200 0.0100 0.9600
Capex 1 12.8 8.21 5.91 14.1 8.72 4.82
Capex / Sales 3.67% 1.74% 1.25% 3.73% 1.9% 0.96%
Announcement Date 13/08/18 22/07/19 03/09/20 03/09/21 03/06/22 01/09/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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