Financials Polyspin Exports Limited

Equities

POLYSPIN

INE914G01029

Non-Paper Containers & Packaging

Market Closed - Bombay S.E. 11:00:56 31/05/2024 BST 5-day change 1st Jan Change
48.24 INR +3.43% Intraday chart for Polyspin Exports Limited -1.15% -7.85%

Valuation

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Capitalization 1 458 580 266 494.5 630 471.2
Enterprise Value (EV) 1 955.1 1,094 800.9 1,250 1,324 1,072
P/E ratio 9.04 x 7.78 x 4.97 x 5.66 x 6.84 x 8.77 x
Yield 1.05% 0.83% 0.9% 1.21% 0.95% -
Capitalization / Revenue 0.23 x 0.27 x 0.16 x 0.21 x 0.23 x 0.2 x
EV / Revenue 0.48 x 0.52 x 0.48 x 0.53 x 0.48 x 0.44 x
EV / EBITDA 6.22 x 6.16 x 8.34 x 8 x 8.16 x 16 x
EV / FCF -19.8 x -37.1 x -11 x -4.68 x 77.1 x 9.8 x
FCF Yield -5.05% -2.7% -9.09% -21.4% 1.3% 10.2%
Price to Book 1.73 x 1.73 x 0.69 x 1.04 x 1.12 x 0.79 x
Nbr of stocks (in thousands) 10,000 10,000 10,000 10,000 10,000 10,000
Reference price 2 45.80 58.00 26.60 49.45 63.00 47.12
Announcement Date 29/05/18 09/07/19 14/07/20 03/08/21 02/08/22 01/08/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Net sales 1 1,989 2,121 1,663 2,346 2,770 2,414
EBITDA 1 153.5 177.5 96.09 156.1 162.3 67.12
EBIT 1 121.8 147.4 60.96 119.6 123.7 26.88
Operating Margin 6.13% 6.95% 3.67% 5.1% 4.46% 1.11%
Earnings before Tax (EBT) 1 77.67 109.9 74.66 120.8 135.1 57.95
Net income 1 50.65 74.52 53.5 87.4 92.15 53.75
Net margin 2.55% 3.51% 3.22% 3.73% 3.33% 2.23%
EPS 2 5.065 7.452 5.350 8.740 9.215 5.375
Free Cash Flow 1 -48.22 -29.49 -72.81 -266.8 17.18 109.4
FCF margin -2.42% -1.39% -4.38% -11.37% 0.62% 4.53%
FCF Conversion (EBITDA) - - - - 10.58% 162.98%
FCF Conversion (Net income) - - - - 18.65% 203.53%
Dividend per Share 2 0.4800 0.4800 0.2400 0.6000 0.6000 -
Announcement Date 29/05/18 09/07/19 14/07/20 03/08/21 02/08/22 01/08/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Net Debt 1 497 514 535 755 694 601
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.238 x 2.894 x 5.567 x 4.836 x 4.277 x 8.955 x
Free Cash Flow 1 -48.2 -29.5 -72.8 -267 17.2 109
ROE (net income / shareholders' equity) 21% 24.9% 14.9% 20.3% 17.7% 9.25%
ROA (Net income/ Total Assets) 7.63% 8.17% 3.18% 5.57% 5.05% 1.06%
Assets 1 664.2 912.3 1,684 1,569 1,825 5,093
Book Value Per Share 2 26.40 33.50 38.50 47.50 56.40 59.80
Cash Flow per Share 2 1.590 2.620 0.3300 2.580 9.010 0.2800
Capex 1 20.9 101 64.8 22.6 23.6 102
Capex / Sales 1.05% 4.78% 3.9% 0.96% 0.85% 4.21%
Announcement Date 29/05/18 09/07/19 14/07/20 03/08/21 02/08/22 01/08/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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