Polyspin Exports Ltd - Stock Valuation and Financial Performance

BSE: 539354 | NSE: | Plastic Products | Small Cap

Polyspin Exports Share Price

37.80 -0.65 -1.69%
as on 21-Feb'25 16:59

DeciZen - make an informed investing decision on Polyspin Exports

M-Cap below 100cr DeciZen not available

Polyspin Exports stock performance -

P/E Ratio (SA):
13.55
Market Cap:
37.8 Cr.
52-wk low:
34.3
52-wk high:
67.6

Is Polyspin Exports Ltd an attractive stock to invest in?

1. Is Polyspin Exports Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Polyspin Exports Ltd is a good quality company.

2. Is Polyspin Exports Ltd undervalued or overvalued?

The key valuation ratios of Polyspin Exports Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

3. Is Polyspin Exports Ltd a good buy now?

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

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.
Polyspin Exports Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE %
19%15.5%14.7%17.2%19%13.1%14.8%14.5%4.8%0.3%-
Value Creation
Index
0.40.10.10.20.4-0.10.10.0-0.7-1.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales
144136154181212166235277208202214
Sales YoY Gr.
--5.6%13.8%17.1%17.3%-21.6%41.2%18.1%-24.8%-2.9%-
Adj EPS
4.84.35.757.11.65.35.61.3-3.62.8
YoY Gr.
--11.1%33.6%-12.1%42.8%-78.3%243.2%4.7%-77%-378.9%-
BVPS (₹)
15.217.621.5263337.945.654.353.351.454
Adj Net
Profit
4.84.35.757.11.65.35.61.3-3.63
Cash Flow from Ops.
10.53.243.114.911-9.413.211.17.8-
Debt/CF from Ops.
3.514.112.317.54.15.6-8.55.96.39.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 3.9%-0.9%-4.8%-2.9%
Adj EPS -196.8%-187.1%-187.6%-378.9%
BVPS14.5%9.3%4.1%-3.4%
Share Price -0.6% 5.3% -17.5% -26.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
34.52629.221.124.24.412.711.22.4-6.85.3
Op. Profit
Mgn %
9.6910.18.58.86.16.96.13.30.53.9
Net Profit
Mgn %
3.33.13.72.83.40.92.320.6-1.81.3
Debt to
Equity
2.42.62.32.11.91.61.71.41.31.5-
Working Cap
Days
8710511011010613111011415915986
Cash Conv.
Cycle
59555055547678801039816

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 5.30%

Sales growth has been subdued in last 3 years -4.83%

Net Profit has been subdued in last 3 years -187.55%

Debt to equity has increased versus last 3 years average to 1.46

Sales growth is not so good in last 4 quarters at 6.44%

Latest Financials - Polyspin Exports Ltd.

Standalone Consolidated
TTM EPS (₹) 2.8 2.6
TTM Sales (₹ Cr.) 214 214
BVPS (₹.) 54 61.7
Reserves (₹ Cr.) 49 57
P/BV 0.70 0.61
PE 13.55 14.32
From the Market
52 Week Low / High (₹) 34.30 / 67.60
All Time Low / High (₹) 7.82 / 98.00
Market Cap (₹ Cr.) 37.8
Equity (₹ Cr.) 5
Face Value (₹) 5
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 N/A0.1 N/A0.2 N/A0.3 N/A
Adj EPS (₹) -7.8 N/A-1.5 N/A-1.3 N/A-1 N/A
Op. Profit Mgn % -8951.43 -895143 bps-364.66 -36466 bps-154.55 -15455 bps-87.74 -8774 bps
Net Profit Mgn % -9300.00 -930000 bps-472.93 -47293 bps-237.27 -23727 bps-163.22 -16322 bps

Management X-Ray of Polyspin Exports:

Shareholding Pattern

JavaScript chart by amCharts 3.21.5
JavaScript chart by amCharts 3.21.5Promoters:46.81%Institutions:0%Non-Institutions:53.19%

Promoter's Holding & Share Pledging

JavaScript chart by amCharts 3.21.5Sep22Dec22Mar23Jun23Sep23Dec23Mar24Jun24Sep24Dec240%10%20%30%40%50%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Polyspin Exports

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 Polyspin Exports

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'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales143.79135.74154.44180.84212.03166.19234.62276.97208.23202.21
Operating Expenses 132.17125.43142.52165.52195.38156.12218.73260.30203.74202.58
Manufacturing Costs22.0623.2921.2020.9825.1821.8833.6638.8735.7738.21
Material Costs88.1277.5289.19106.28127.6595.44139.74162.73114.48115.14
Employee Cost 1316.1320.0625.9529.6929.1231.4332.9930.1134.87
Other Costs 8.998.4912.0712.3212.869.6813.8925.7223.3814.34
Operating Profit 11.6210.3111.9215.3216.6410.0715.8916.674.49-0.36
Operating Profit Margin (%) 8.1%7.6%7.7%8.5%7.8%6.1%6.8%6.0%2.2%-0.2%
Other Income 0.520.730.710.452.856.084.375.884.383.90
Interest 5.054.404.845.235.625.255.775.383.564.49
Depreciation 1.972.162.792.903.033.523.663.872.743.17
Exceptional Items 0000000000
Profit Before Tax 5.134.494.997.6410.847.3810.8313.292.56-4.12
Tax 1.791.581.832.623.542.123.344.290.42-1.66
Profit After Tax 3.342.913.175.027.315.277.5092.14-2.46
PAT Margin (%) 2.3%2.1%2.1%2.8%3.4%3.2%3.2%3.2%1.0%-1.2%
Adjusted EPS (₹)3.32.93.25.07.35.37.59.02.1-2.5
Dividend Payout Ratio (%)14%17%15%10%7%5%8%7%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 15.2417.5721.4825.9832.9637.8645.5754.3153.2551.43
Share Capital 4444445555
Reserves 11.2413.5717.4821.9828.9633.8640.5749.3148.2546.43
Minority Interest0000000000
Debt33.5645.6545.1549.8856.2157.8876.1572.4864.7269.86
Long Term Debt6.5914.0712.028.8211.2810.217.9718.5213.2920.52
Short Term Debt26.9731.5833.1441.0544.9447.6768.1853.9651.4249.34
Trade Payables5.9410.6614.4115.8415.841010.447.9820.2316.85
Others Liabilities 11.4114.6213.6112.5115.2712.6015.3719.7916.8714.09
Total Liabilities 66.1588.5094.65104.21120.29118.35147.52154.56155.07152.23

Fixed Assets

Gross Block39.0352.2356.5657.7460.2370.1873.9774.1677.4767.22
Accumulated Depreciation12.3714.4616.8119.5121.9824.8628.1930.9034.6529.92
Net Fixed Assets26.6637.7739.7538.2338.2445.3245.7943.2642.8337.30
CWIP 02.300.040.256.662.4400.356.8915.62
Investments 0.630.630.680.670.670.670.690.640.630.74
Inventories13.5417.8220.4824.3326.7224.5547.1528.7146.2436.97
Trade Receivables13.6913.9818.0824.8121.2024.3525.7440.2332.2429.91
Cash Equivalents 4.683.934.555.2411.6313.3915.7221.9811.568.62
Others Assets6.9512.0711.0610.6815.167.6312.4419.3814.6723.07
Total Assets 66.1588.5094.65104.21120.29118.35147.52154.56155.07152.23

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 10.463.233.983.0514.9410.99-9.3513.2011.147.76
PBT 5.134.494.997.6410.847.3810.8313.291.33-4.98
Adjustment 7.4578.047.137.917.518.137.976.626.30
Changes in Working Capital 2.19-4.64-5.07-9.73-0.4-1.35-26.67-3.675.496.55
Tax Paid 000-1.99-3.41-2.55-1.65-4.39-2.29-0.12
Cash Flow From Investing Activity -3.01-15.58-2.80-2.41-15.03-9.79-1.17-0.48-7.72-8.50
Capex -3.01-15.58-3.12-1.66-10.10-6.42-2.09-1.82-10.15-12.24
Net Investments 00-0.05-1.05-5.36-4.05-0.090.501.702.75
Others 000.370.290.440.681.010.850.740.99
Cash Flow From Financing Activity -6.6611.60-1.22-0.281.12-3.4912.77-6.29-12.150.66
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -4.907.47-2.05-3.202.45-1.06-2.2410.55-5.737.48
Interest Paid 000-4.46-4.67-4.62-5.26-4.82-3.32-4.09
Dividend Paid -0.48-0.48-0.56-0.53-0.55-0.55-0.23-0.57-0.57-0.05
Others -1.274.611.387.913.882.7420.49-11.45-2.54-2.69
Net Cash Flow 0.80-0.75-0.040.361.03-2.292.246.43-8.73-0.08
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)24.0517.7316.2121.1624.814.8817.9818.023.97-4.7
ROCE (%)18.9915.4514.7217.21913.0814.8314.524.790.29
Asset Turnover Ratio2.21.761.71.821.891.391.771.831.351.32
PAT to CFO Conversion(x)3.131.111.260.612.042.09-1.251.475.21N/A
Working Capital Days
Receivable Days36373843405039436356
Inventory Days35424545445656506675
Payable Days17395152454927214559

Polyspin Exports Ltd Stock News

Polyspin Exports Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Polyspin Exports on 21-Feb-2025 16:59 is ₹37.80.
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 21-Feb-2025 16:59 the market cap of Polyspin Exports stood at ₹37.80.
The latest P/E ratio of Polyspin Exports as of 21-Feb-2025 16:59 is 13.55.
The latest P/B ratio of Polyspin Exports as of 21-Feb-2025 16:59 is 0.70.
The 52-week high of Polyspin Exports is ₹67.60 and the 52-week low is ₹34.30.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Polyspin Exports is ₹213.7 ( Cr.) .

About Polyspin Exports Ltd

Polyspin Exports was incorporated as a private limited company on March 29, 1985. It was converted into a public limited company January 19, 1993. It is a Rajapalayam-based company.

The company is engaged in the manufacture and sale of PP woven FIBC bags. These bags are air permeable and are widely used in developed countries for packing  vegetables .The company is a 100% export-oriented unit (EOU).

Presently, the company is engaged in the manufacture of HDPE/PP woven, circular, flat and label bags and HDPE/PP polyknit bags.

The plant of the company is located at Rajapalayam, Tamil Nadu. It has an installed capacity to manufacture 2,400 tons of PP woven FIBC bags.

Read More Read Less
You have 1 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