Midland Polymers Ltd - Stock Valuation and Financial Performance

BSE: 531597 | NSE: | Plastic Products | Small Cap

BSE Share Price
Not Listed

DeciZen - make an informed investing decision on Midland Polymers

M-Cap below 100cr DeciZen not available

Midland Polymers stock performance -

P/E Ratio (SA):
0.00
Market Cap:
324.7 Cr.
52-wk low:
23.9
52-wk high:
23.9

Is an attractive stock to invest in?

1. Is a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Midland Polymers Ltd is a below average quality company.

2. Is undervalued or overvalued?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of Midland Polymers:

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.
Midland Polymers Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'23Mar'24TTM
ROCE %
84.8%33%-1.2%2.2%3.2%0.8%-0.8%0.7%-1.9%-5.5%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales
00.300000000.10
Sales YoY Gr.
-NA-100%NANANANANANANA-
Adj EPS
0.10.10000.100-0-6.80
YoY Gr.
-0%-100%NA200%66.7%-40%-33.3%-200%NA-
BVPS (₹)
0.20.30.3111.111.11-27.41.1
Adj Net
Profit
0.60.600.10.50.70.40.3-0.2-0.50
Cash Flow from Ops.
00.1-0.3-12.12.4-0.93.2-1.701.6-
Debt/CF from Ops.
00000000211.31.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANANA
Adj EPS -266.4%-396.1%-710.6%NA
BVPS-274.8%-292.7%-397.4%-2729.8%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'23Mar'24TTM
Return on
Equity %
39.633-1.21.73.352.92.2-1.5-7.40
Op. Profit
Mgn %
0810000000-844.261.8
Net Profit
Mgn %
0193.80000000-830.9NAN
Debt to
Equity
000000000.1-1.3-
Working Cap
Days
01,657000000020,064194
Cash Conv.
Cycle
0-11,88700000001,470-748

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

Net Profit has been subdued in last 3 years %

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

Latest Financials - Midland Polymers Ltd.

Standalone Consolidated
TTM EPS (₹) 0 0
TTM Sales (₹ Cr.) 0 0
BVPS (₹.) 1.1 1
Reserves (₹ Cr.) 1 -
P/BV 22.67 23.08
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 23.90 / 23.90
All Time Low / High (₹) 0.15 / 80.60
Market Cap (₹ Cr.) 325
Equity (₹ Cr.) 13.6
Face Value (₹) 1
Industry PE 35.6

Quarterly Results

 Mar'24 YoY Gr. Rt. %Jun'24 YoY Gr. Rt. %Sep'24 YoY Gr. Rt. %Dec'24 YoY Gr. Rt. %
Sales (₹ Cr.) 0.1 N/A0 N/A0 N/A0 N/A
Adj EPS (₹) 0.1 N/A-0.1 N/A-0 N/A-0.2 N/A
Op. Profit Mgn % 61.82 6182 bps0.00 00.00 00.00 0
Net Profit Mgn % 61.82 6182 bps0.00 00.00 00.00 0

Management X-Ray of Midland Polymers:

Shareholding Pattern

JavaScript chart by amCharts 3.21.5
JavaScript chart by amCharts 3.21.5Promoters:5.66%Institutions:0%Non-Institutions:94.34%

Promoter's Holding & Share Pledging

JavaScript chart by amCharts 3.21.5Mar17Jun17Mar23Jun23Sep23Dec23Mar24Jun24Sep24Dec240%2%4%6%8%10%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Midland Polymers

MRP
spaceLock icon
MOS
spaceLock icon%
DP
spaceLock icon
Base EPS
spaceLock icon
DPS
spaceLock icon
MRP: ₹ 0
DP: ₹0
Base EPS ₹:
DPS ₹:
MOS (%):
Expected EPS Growth Rate:
0%
Base 0%
50%
Expected Rate of Return:
0%
Base 0%
50%
Future PE:
0
Base 0
200
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max
YTD 1Y 3Y 5Y 10Y Max

Event Update

Login/Register to view analysis.

Analyst's Notes

No data found!

Key Ratios of Midland Polymers

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Company Name CMP(₹)
Change ₹(%)
Market Cap
Net Sales (₹ Cr.)
Latest EPS (₹)
Net Profit Margin %
Latest P/E
Latest P/BV
Finolex Inds 186.5 -2.7 (-1.4%) Small Cap 4,317 12.7 9.6 14.9 1.7
EPL 237.8 2.7 (1.1%) Small Cap 3,916 8.4 6.3 28.1 3.3
Jain Irrigation Sys 61.2 -2 (-3.1%) Small Cap 3,821 0.3 1.3 196.2 0.9
Nilkamal 1,628.4 -21.7 (-1.3%) Small Cap 3,196 72.2 3.7 22.8 1.7
Time Technoplast 399.3 -5 (-1.2%) Small Cap 2,633 7.9 5.8 51.3 5
Prince Pipes & Fitti 276.4 5.2 (1.9%) Small Cap 2,569 6.7 6.6 40.7 1.9
Huhtamaki India 197.7 -3.2 (-1.6%) Small Cap 2,549 11.7 5.8 17.2 1.3
Ddev Plastiks Ind. 262.9 -3.2 (-1.2%) Small Cap 2,431 18.9 7 14.1 3.5
Cosmo First 675.6 -10.6 (-1.5%) Small Cap 2,391 28.4 1.1 24.2 1.5
Garware Hi-Tech 4,195.8 181.9 (4.5%) Small Cap 1,582 139.2 10.5 28.8 4.2
Shows rows:

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'23Mar'24
Sales00.2900000000.06
Operating Expenses 0.020.060.060.200.511.050.770.540.290.52
Manufacturing Costs0000000000
Material Costs0000000000
Employee Cost 0000.090.140.140.110.110.090
Other Costs 0.020.060.060.110.360.910.660.430.190.52
Operating Profit -0.020.23-0.06-0.20-0.51-1.05-0.77-0.54-0.29-0.46
Operating Profit Margin (%) -80.9%--------844.0%
Other Income 1.240.330.030.370.961.160.830.6500.01
Interest 0000000000
Depreciation 00000.010.010000
Exceptional Items 000000-0.17-0.0200
Profit Before Tax 1.220.56-0.020.170.450.11-0.120.09-0.29-0.46
Tax 0000.030.05-0.06-0.010.0100
Profit After Tax 1.220.56-0.020.140.390.17-0.110.08-0.29-0.46
PAT Margin (%) -193.7%--------830.0%
Adjusted EPS (₹)0.20.10.00.00.00.00.00.00.0-6.8
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 1.421.971.9513.6814.0714.2414.1314.2114.18-1.83
Share Capital 3.933.933.936.7913.5913.5913.5913.5913.590.67
Reserves -2.52-1.96-1.986.880.480.650.540.620.60-2.50
Minority Interest0000000000
Debt0000000022.29
Long Term Debt0000000000
Short Term Debt0000000022.29
Trade Payables0.04000.010000.1700.01
Others Liabilities 00.010.010.133.582.402.552.390.420.01
Total Liabilities 1.461.981.9613.8217.6516.6416.6816.7716.600.47

Fixed Assets

Gross Block0.040.020.020.030.030.030.030.0300
Accumulated Depreciation0.040.020.020.020.020.030.030.0300
Net Fixed Assets0000.010.010.010000
CWIP 0000000000
Investments 0.190.060.300.063.663.907.946.9411.010
Inventories0000000000
Trade Receivables0.140.050.050000000.46
Cash Equivalents 0.010.560.010.050.070.090.050.010.020.01
Others Assets1.121.311.6013.6913.9112.658.699.815.580
Total Assets 1.461.981.9613.8217.6516.6416.6816.7716.600.47

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'23Mar'24
Cash Flow From Operating Activity 00.10-0.32-12.092.40-0.913.18-1.690.011.55
PBT 00.56-0.020.170.450.11-0.120.09-0.29-0.46
Adjustment 0-0.320-0.36-0.94-1.15-0.82-0.640-2.64
Changes in Working Capital 0-0.13-0.3-11.92.90.134.11-1.140.34.65
Tax Paid 0000000000
Cash Flow From Investing Activity 00-0.240.60-2.390.93-3.211.65011.01
Capex 000-0.01-0.010-4.05100
Net Investments 00-0.2400-0.2300011.01
Others 0000.61-2.381.160.830.6500.01
Cash Flow From Financing Activity 00.45011.53000000.35
Net Proceeds from Shares 00011.59000000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000000000
Dividend Paid 0000000000
Others 00.450-0.05000000.35
Net Cash Flow 00.56-0.550.040.020.02-0.04-0.040.0112.91
PARTICULARSMar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'23Mar'24
Ratios
ROE (%)151.4732.94-1.211.752.851.19-0.760.54-2.02N/A
ROCE (%)84.8432.95-1.212.213.220.75-0.820.65-1.89N/A
Asset Turnover Ratio00.1700000000.01
PAT to CFO Conversion(x)00.18N/A-86.366.15-5.35N/A-21.13N/AN/A
Working Capital Days
Receivable Days011900000003,085
Inventory Days0000000000
Payable Days0000000000

Midland Polymers Ltd Stock News

Midland Polymers Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Midland Polymers on 01-Jan-1970 05:30 is ₹0.00.
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 01-Jan-1970 05:30 the market cap of Midland Polymers stood at ₹324.7.
The latest P/E ratio of Midland Polymers as of 01-Jan-1970 05:30 is 0.00.
The latest P/B ratio of Midland Polymers as of 01-Jan-1970 05:30 is 22.67.
The 52-week high of Midland Polymers is ₹23.90 and the 52-week low is ₹23.90.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Midland Polymers is ₹0.00 ( Cr.) .

About Midland Polymers Ltd

Midland Polymers is a pioneering company, in India, in advanced technology of Mono-axially Oriented Polypropylene Film, MOPP, which is the wonder material with usage proliferation world over. The film is mono-axially oriented to give exceptional strength in desired direction and in the process of allowing low elongation and good shrinkage control in all directions.

The film in general is economic, light and highly processable with less stringent process condition requirements for the end users. Its properties can be precisely engineered in different applications in communication and power cable sectors, packaging and lamination, tear-off tape and pressure sensitive adhesive tapes tyre and explosive wrappings, file covers, etc. replacing other plastic films by virtue of its superior characteristics and economy.

With over 15 years of market presence, MOPP today, commands worldwide acceptance and preference over other films, with leaders in cable, explosive, packaging and stationary industries using this product. With this venture, the company brings in its customers service, this technology of International quality custom engineered to its customers' specific requirements.

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2025 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.
Loading...
Hold on