Ashish Polyplast Ltd - Stock Valuation and Financial Performance

BSE: 530429 | NSE: | Plastic Products | Small Cap

Ashish Polyplast Share Price

56.40 -1.32 -2.29%
as on 14-Nov'24 16:59

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Ashish Polyplast stock performance -

mw4me loader
P/E Ratio (SA):
20.04
Market Cap:
19.2 Cr.
52-wk low:
18.1
52-wk high:
95.4

Is Ashish Polyplast Ltd an attractive stock to invest in?

1. Is Ashish Polyplast Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Ashish Polyplast Ltd is a average quality company.

2. Is Ashish Polyplast Ltd undervalued or overvalued?

The key valuation ratios of Ashish Polyplast Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Ashish Polyplast Ltd a good buy now?

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

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.
Ashish Polyplast Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 5.9%6%7.2%6.6%5.6%4.6%8.4%9.9%5.5%15.6%-
Value Creation
Index
-0.6-0.6-0.5-0.5-0.6-0.7-0.4-0.3-0.60.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 10.71112.212.81412.712.716.21615.916
Sales YoY Gr.-3.3%11%4.9%8.8%-8.8%-0.1%27.8%-1.3%-0.6%-
Adj EPS 0.30.30.50.60.50.5110.62.12.8
YoY Gr.--5.9%53.1%28.6%-22.2%10.2%79.6%-2.1%-41.1%273.2%-
BVPS (₹) 13.613.912.813.413.814.215.216.116.619.120.1
Adj Net
Profit
0.10.10.20.20.20.20.30.30.20.71
Cash Flow from Ops. 0.21.2-0.20.61.10.70.50.30.71.7-
Debt/CF from Ops. 10.40.9-8.32.40.910.93.620.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.6%2.7%7.8%-0.6%
Adj EPS 22.4%33.7%29.2%273.2%
BVPS3.9%6.8%7.9%15.2%
Share Price 19.9% 63.7% 63.1% 152.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
2.52.43.74.93.63.86.66.13.411.714.4
Op. Profit
Mgn %
4.74.94.74.34.33.83.43.83.843.2
Net Profit
Mgn %
1.111.41.71.21.42.621.24.55.9
Debt to
Equity
0.40.20.40.30.20.20.10.20.30.1-
Working Cap
Days
16316414814912412111387867443
Cash Conv.
Cycle
11510494111100988771725526

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 14.40%

Net Profit is growing at healthy rate in last 3 years 29.16%

Sales growth has been subdued in last 3 years 7.84%

Sales growth is not so good in last 4 quarters at 4.10%

Latest Financials - Ashish Polyplast Ltd.

Standalone Consolidated
TTM EPS (₹) 2.8 -
TTM Sales (₹ Cr.) 16.3 -
BVPS (₹.) 20.1 -
Reserves (₹ Cr.) 3 -
P/BV 2.81 -
PE 20.04 -
From the Market
52 Week Low / High (₹) 18.10 / 95.35
All Time Low / High (₹) 1.50 / 95.35
Market Cap (₹ Cr.) 19.2
Equity (₹ Cr.) 3.4
Face Value (₹) 10
Industry PE 39.5

Management X-Ray of Ashish Polyplast:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Ashish Polyplast

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales10.6611.0112.2212.8213.9512.7212.7116.2416.0315.94
Operating Expenses 10.1610.4811.6412.2613.3512.2812.2815.6315.4315.33
Manufacturing Costs0.480.530.540.550.570.580.480.540.610.68
Material Costs8.799.2010.2810.941210.7911.0314.2613.9413.72
Employee Cost 0.300.330.320.350.360.390.410.430.400.39
Other Costs 0.580.410.500.420.410.510.360.400.480.53
Operating Profit 0.500.530.580.550.600.450.440.610.600.61
Operating Profit Margin (%) 4.7%4.8%4.7%4.3%4.3%3.5%3.4%3.8%3.8%3.9%
Other Income 0.050.010.030.040.010.020.240.210.030.76
Interest 0.230.190.180.150.120.100.040.110.110.11
Depreciation 0.170.170.190.190.200.210.210.230.260.28
Exceptional Items 0000-0.0800000
Profit Before Tax 0.150.180.240.250.210.160.430.490.260.98
Tax 0.030.080.070.030.1000.100.160.070.13
Profit After Tax 0.120.100.170.220.110.150.330.320.190.84
PAT Margin (%) 1.1%0.9%1.4%1.7%0.8%1.2%2.6%2.0%1.2%5.3%
Adjusted EPS (₹)0.30.30.50.60.30.51.01.00.62.5
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%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 4.604.704.334.554.674.835.155.465.636.48
Share Capital 3.403.403.403.403.403.403.403.403.403.40
Reserves 1.211.310.941.161.271.441.762.062.233.08
Minority Interest0000000000
Debt1.731.071.571.420.920.650.391.011.410.23
Long Term Debt00.200.170.130.060000.310.23
Short Term Debt1.730.871.401.290.850.650.391.011.100
Trade Payables0.631.140.740.670.620.550.530.430.500.90
Others Liabilities 0.600.630.930.680.640.660.470.600.440.60
Total Liabilities 7.577.547.577.326.856.696.547.507.988.22

Fixed Assets

Gross Block3.783.912.022.112.592.662.673.303.823.88
Accumulated Depreciation1.982.060.190.370.570.710.931.151.201.46
Net Fixed Assets1.811.851.831.742.021.951.742.152.622.42
CWIP 0000000000
Investments 0000.340.410.590.941.261.382.07
Inventories2.652.752.592.622.241.932.082.382.121.57
Trade Receivables1.991.782.202.252.041.911.351.521.401.26
Cash Equivalents 0.100.180.090.0100.020.050.100.360.76
Others Assets1.010.980.860.370.140.280.390.090.100.14
Total Assets 7.577.547.577.326.856.696.547.507.988.22

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 0.171.15-0.200.621.140.720.450.280.731.72
PBT 0.150.180.240.250.290.160.430.490.260.98
Adjustment 0.430.390.350.320.330.360.030.140.39-0.32
Changes in Working Capital -0.380.68-0.720.130.590.30.08-0.150.221.14
Tax Paid -0.01-0.06-0.06-0.08-0.06-0.09-0.07-0.14-0.08-0.06
Cash Flow From Investing Activity -0.05-0.22-0.14-0.40-0.52-0.33-0.12-0.75-0.82-0.05
Capex -0.05-0.23-0.17-0.10-0.48-0.12-0.01-0.63-0.700.10
Net Investments 000-0.33-0.05-0.22-0.12-0.12-0.12-0.15
Others 000.030.020.010.0100.0100
Cash Flow From Financing Activity -0.43-0.850.31-0.30-0.62-0.37-0.300.510.35-1.28
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 00.20-0.03-0.03-0.07-0.06000.38-0.07
Interest Paid -0.23-0.19-0.18-0.15-0.12-0.10-0.04-0.11-0.11-0.11
Dividend Paid 0000000000
Others -0.20-0.860.52-0.11-0.43-0.20-0.260.620.09-1.10
Net Cash Flow -0.310.08-0.02-0.08-0.010.020.030.050.260.39
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)2.542.163.74.852.43.216.636.063.4113.9
ROCE (%)5.8667.186.645.634.648.419.925.4915.64
Asset Turnover Ratio1.61.641.821.7921.91.952.342.12
PAT to CFO Conversion(x)1.4211.5-1.182.8210.364.81.360.883.842.05
Working Capital Days
Receivable Days56565361555646323330
Inventory Days76807171625957505142
Payable Days20353324202018121219

Ashish Polyplast Ltd Stock News

Ashish Polyplast Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Ashish Polyplast on 14-Nov-2024 16:59 is ₹56.40.
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 14-Nov-2024 16:59 the market cap of Ashish Polyplast stood at ₹19.16.
The latest P/E ratio of Ashish Polyplast as of 14-Nov-2024 16:59 is 20.04.
The latest P/B ratio of Ashish Polyplast as of 14-Nov-2024 16:59 is 2.81.
The 52-week high of Ashish Polyplast is ₹95.35 and the 52-week low is ₹18.10.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ashish Polyplast is ₹16.31 ( Cr.) .

About Ashish Polyplast Ltd

Ashish Polyplast, incorporated in the year 1994, is a well known organization engaged in offering its clients with hoses and hose assemblies, which not only cater to the requirements of the clients, but also exceeds their expectations. They are one of the distinguished manufacturers and exporters of a wide range of Premium Braided Hoses, and Flexible PVC Hoses. Initially, the organization offered Premium Braided Hose under the brand name of 'REAL ON', which is the industrial high pressure nylon, reinforced flexible hose with the latest technology. Moreover, their sister concern Ashish Agroplast has been manufacturing 'ASHISH REALFLEX' plastic reinforced hoses for agricultural applications for many years.

Their range comprises Realon Air & Pneumatic Hose – Transparent, Realon Welding Hose - Red & Blue, Realon Water Hose, Realon Car Washing Hose, and Realon Rock Drilling Hose – Transparent. Further, we also hold expertise in offering Ashish Realflex Medium Duty PVC Hose, Ashish Realflex Heavy Duty Hose –Grey, Ashish Realflex Oil Hose –Blue, Ashish Realflex Duct Hose – Grey, and Ashish Realflex Non-Toxic Hose – Transparent.

Widely known for the features like abrasion resistance, crush and kink resistance, resistance to chemicals, light weight, and weather proof, its range finds application in Agriculture Industry, Chemical Industry, Petrochemical Industry, Fire fighting, and Construction & Engineering Industries. With an integrated manufacturing unit and support of a diligent team, it has been able to establish a strong foothold in the various parts of the world like India, Middle East, Gulf countries, South Africa, Bangladesh, Sri Lanka and Nepal.

Products:

1. Premium Braided Hoses

  • Realon Water Hose
  • Realon Car Washing Hose
  • Realon Welding Hose - Red & Blue
  • Realon Rock Drilling Hose - Transparent
  • Realon Air & Pneumatic Hose - Transparent

2. Flexible PVC Hose

  • Ashish Realflex Duct Hose - Grey
  • Ashish Realflex Medium Duty PVC Hose
  • Ashish Realflex Oil Hose -Blue
  • Ashish Realflex Non-Toxic Hose - Transparent
  • Ashish Realflex Heavy Duty Hose -Grey
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