Past 10 year's financial track record analysis by Moneyworks4me indicates that Premco Global Ltd is a average quality company.
The key valuation ratios of Premco Global Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Premco Global Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 50.8% | 42.1% | 29.5% | 10.8% | 0.9% | -1.8% | 7.8% | 19.6% | 15.5% | 9.9% | - |
| Value Creation Index ⓘ | 2.6 | 2.0 | 1.1 | -0.2 | -0.9 | -1.1 | -0.4 | 0.4 | 0.1 | -0.3 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 72.3 | 73.9 | 69.9 | 62 | 50.4 | 45.4 | 62 | 86.4 | 70.9 | 63.6 | 64 |
| Sales YoY Gr. | - | 2.3% | -5.5% | -11.3% | -18.7% | -9.8% | 36.6% | 39.3% | -18% | -10.2% | - |
| Adj EPS ⓘ | 32.7 | 33.5 | 29.3 | 9.5 | -3 | -11.5 | 8.9 | 23.4 | 23.1 | 10.2 | 11.3 |
| YoY Gr. | - | 2.4% | -12.5% | -67.6% | -131.1% | NA | NA | 162.4% | -1.1% | -56% | - |
| BVPS (₹) ⓘ | 118.3 | 153.5 | 189.2 | 201 | 203.8 | 193.5 | 200.4 | 211.1 | 226.1 | 230.7 | 231 |
| Adj Net Profit ⓘ | 10.9 | 11.1 | 9.7 | 3.1 | -1 | -3.8 | 3 | 7.7 | 7.6 | 3.4 | 4 |
| Cash Flow from Ops. ⓘ | 10.8 | 16 | 3.8 | 2.3 | -6.2 | 19.1 | -3.7 | 11.4 | 14.7 | 2.6 | - |
| Debt/CF from Ops. ⓘ | 0.3 | 0.3 | 2.7 | 1.4 | -0.4 | 0.3 | -1.8 | 0.2 | 0.5 | 1.4 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | -1.4% | 4.8% | 0.9% | -10.2% | ||||
| Adj EPS ⓘ | -12.2% | NA | 4.5% | -56% | ||||
| BVPSⓘ | 7.7% | 2.5% | 4.8% | 2% | ||||
| Share Price | 12.9% | 36.8% | 8.5% | 46.1% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 32.1 | 24.6 | 17.1 | 4.9 | -1.5 | -5.8 | 4.5 | 11.4 | 10.6 | 4.5 | 4.9 |
| Op. Profit Mgn % ⓘ | 28.1 | 27.3 | 25.3 | 9.5 | -1.1 | -7 | 9.8 | 15.2 | 17.2 | 10.2 | 6.1 |
| Net Profit Mgn % ⓘ | 15.1 | 15 | 13.9 | 5.1 | -1.9 | -8.4 | 4.8 | 8.9 | 10.8 | 5.3 | 5.8 |
| Debt to Equity ⓘ | 0.1 | 0.1 | 0.2 | 0.1 | 0 | 0.1 | 0.1 | 0 | 0.1 | 0.1 | 0 |
| Working Cap Days ⓘ | 139 | 140 | 175 | 234 | 314 | 293 | 182 | 151 | 167 | 174 | 102 |
| Cash Conv. Cycle ⓘ | 101 | 104 | 112 | 120 | 138 | 136 | 105 | 88 | 93 | 90 | 75 |
No data to display
Return on Equity has declined versus last 3 years average to 4.90%
Sales growth has been subdued in last 3 years 0.86%
Net Profit has been subdued in last 3 years 4.51%
Sales growth is not so good in last 4 quarters at -5.52%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 11.3 | 29.7 |
| TTM Sales (₹ Cr.) | 63.9 | 102 |
| BVPS (₹.) ⓘ | 231 | 354.4 |
| Reserves (₹ Cr.) ⓘ | 73 | 114 |
| P/BV ⓘ | 2.49 | 1.62 |
| PE ⓘ | 51.04 | 19.33 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 360.00 / 609.00 |
| All Time Low / High (₹) | 2.94 / 974.00 |
| Market Cap (₹ Cr.) | 190 |
| Equity (₹ Cr.) | 3.3 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 26.9 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 72 | 74 | 70 | 62 | 50 | 45 | 62 | 86 | 71 | 64 |
| Operating Expenses ⓘ | 52 | 54 | 52 | 56 | 51 | 49 | 56 | 73 | 59 | 57 |
| Manufacturing Costs | 8 | 9 | 8 | 7 | 8 | 7 | 7 | 9 | 8 | 8 |
| Material Costs | 30 | 31 | 30 | 34 | 28 | 25 | 32 | 44 | 31 | 28 |
| Employee Cost | 7 | 8 | 8 | 9 | 9 | 10 | 10 | 13 | 13 | 13 |
| Other Costs ⓘ | 6 | 7 | 7 | 6 | 6 | 6 | 6 | 7 | 7 | 8 |
| Operating Profit ⓘ | 20 | 20 | 18 | 6 | -1 | -3 | 6 | 13 | 12 | 6 |
| Operating Profit Margin (%) | 28.0% | 27.3% | 25.3% | 9.5% | -1.1% | -7.0% | 9.8% | 15.2% | 17.2% | 10.2% |
| Other Income ⓘ | 2 | 3 | 3 | 4 | 3 | 4 | 3 | 3 | 2 | 4 |
| Interest ⓘ | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation ⓘ | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 2 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 19 | 20 | 18 | 7 | 0 | -2 | 5 | 13 | 11 | 7 |
| Tax ⓘ | 7 | 7 | 6 | 2 | 0 | -1 | 1 | 4 | 2 | 2 |
| Profit After Tax | 12 | 13 | 12 | 5 | 0 | -2 | 4 | 9 | 9 | 6 |
| PAT Margin (%) | 16.7% | 17.1% | 16.9% | 8.2% | 0.3% | -3.8% | 5.8% | 10.8% | 12.6% | 9.2% |
| Adjusted EPS (₹) | 36.4 | 38.3 | 35.6 | 15.3 | 0.5 | -5.3 | 10.9 | 28.3 | 27.1 | 17.7 |
| Dividend Payout Ratio (%) | 7% | 8% | 8% | 20% | 416% | -38% | 74% | 53% | 55% | 57% |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 39 | 51 | 63 | 66 | 67 | 64 | 66 | 70 | 75 | 76 |
| Share Capital ⓘ | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves ⓘ | 36 | 47 | 59 | 63 | 64 | 61 | 63 | 66 | 71 | 73 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 3 | 4 | 9 | 2 | 2 | 6 | 6 | 1 | 7 | 3 |
| Long Term Debt | 0 | 1 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 3 |
| Short Term Debt | 2 | 3 | 7 | 0 | 0 | 5 | 5 | 0 | 6 | 0 |
| Trade Payables | 3 | 3 | 4 | 4 | 3 | 4 | 4 | 5 | 3 | 3 |
| Others Liabilities ⓘ | 7 | 5 | 8 | 7 | 5 | 5 | 6 | 9 | 6 | 5 |
| Total Liabilities ⓘ | 51 | 62 | 83 | 79 | 77 | 78 | 83 | 85 | 90 | 88 |
Fixed Assets | ||||||||||
| Gross Block | 23 | 25 | 28 | 29 | 29 | 30 | 29 | 34 | 45 | 44 |
| Accumulated Depreciation | 13 | 15 | 17 | 18 | 19 | 20 | 19 | 21 | 23 | 24 |
| Net Fixed Assetsⓘ | 10 | 10 | 11 | 11 | 11 | 10 | 10 | 13 | 22 | 20 |
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 |
| Investmentsⓘ | 10 | 23 | 31 | 26 | 18 | 28 | 33 | 30 | 33 | 24 |
| Inventories | 15 | 15 | 16 | 9 | 10 | 10 | 13 | 11 | 9 | 11 |
| Trade Receivables | 10 | 10 | 13 | 13 | 12 | 8 | 13 | 16 | 11 | 8 |
| Cash Equivalents | 2 | 2 | 3 | 1 | 3 | 14 | 5 | 6 | 7 | 6 |
| Others Assetsⓘ | 4 | 3 | 11 | 18 | 24 | 8 | 9 | 9 | 9 | 13 |
| Total Assets ⓘ | 51 | 62 | 83 | 79 | 77 | 78 | 83 | 85 | 90 | 88 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 11 | 16 | 4 | 2 | -6 | 19 | -4 | 11 | 15 | 3 |
| PBT ⓘ | 19 | 20 | 18 | 7 | 0 | -2 | 5 | 13 | 11 | 7 |
| Adjustment ⓘ | 3 | 3 | 0 | 0 | 0 | 2 | 0 | 1 | 2 | 0 |
| Changes in Working Capital ⓘ | -4 | 1 | -9 | -2 | -6 | 20 | -8 | 0 | 4 | -3 |
| Tax Paid ⓘ | -7 | -8 | -5 | -2 | 0 | -1 | -1 | -3 | -3 | -2 |
| Cash Flow From Investing Activity ⓘ | -6 | -14 | -7 | 5 | 9 | -10 | -4 | 0 | -14 | 5 |
| Capex | -1 | -2 | -4 | -2 | -1 | -1 | -2 | -5 | -11 | -7 |
| Net Investments | -5 | -12 | -2 | 6 | 9 | -10 | -2 | 4 | -3 | 12 |
| Others ⓘ | 0 | 0 | -1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
| Cash Flow From Financing Activityⓘ | -5 | -2 | 3 | -9 | -1 | 2 | -2 | -10 | -1 | -9 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | -1 | 1 | 2 | -1 | 0 | -1 | 0 | 0 | 0 | 2 |
| Interest Paid ⓘ | -1 | -1 | -1 | -1 | -1 | -1 | -1 | -1 | -1 | -1 |
| Dividend Paid ⓘ | -1 | -2 | -1 | -1 | 0 | -1 | -1 | -6 | -4 | -4 |
| Others ⓘ | -2 | 0 | 4 | -6 | 0 | 5 | 0 | -3 | 5 | -6 |
| Net Cash Flow ⓘ | 0 | 0 | 0 | -2 | 2 | 11 | -9 | 1 | 0 | -1 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 35.46 | 28.15 | 20.78 | 7.85 | 0.24 | -2.64 | 5.52 | 13.77 | 12.38 | 7.75 |
| ROCE (%) | 50.78 | 42.11 | 29.51 | 10.78 | 0.86 | -1.79 | 7.84 | 19.57 | 15.5 | 9.89 |
| Asset Turnover Ratio | 1.5 | 1.3 | 0.96 | 0.76 | 0.64 | 0.58 | 0.77 | 1.03 | 0.81 | 0.71 |
| PAT to CFO Conversion(x) | 0.92 | 1.23 | 0.33 | 0.4 | N/A | N/A | -1 | 1.22 | 1.67 | 0.5 | Working Capital Days |
| Receivable Days | 55 | 49 | 58 | 76 | 93 | 84 | 64 | 62 | 68 | 53 |
| Inventory Days | 66 | 74 | 79 | 73 | 68 | 79 | 68 | 51 | 52 | 58 |
| Payable Days | 36 | 33 | 40 | 40 | 42 | 49 | 46 | 39 | 49 | 42 |
Premco Global was founded in the year 1966 is an ISO 9000:2000 company manufacturing Woven and Knit Elastic and Non-Elastic Narrow Fabric, Tape and Webbing for use in the Apparel, Lingerie Sports-related, Medical, Footwear, Luggage, Furnishing and Automotive industries.
Specializing in the manufacture of Woven and Knitted Elastic and non-Elastic Narrow Fabric and Webbing (4mm-250mm), Premco’s extensive product range caters to the apparel, lingerie, sports-related, medical, footwear, luggage, furnishing, and automotive industries.
Distinguished as a top world supplier, Premco’s products are trusted by international companies and brands such as GAP / Old Navy, Sara Lee, Fruit of the Loom, Target Stores, Walmart, and many others.
In addition to a vast stock product line, Premco specializes in narrow fabric for custom-specific applications. Color, design, dimension, material and performance are made the way you want.
The Premco Group of companies was a pioneer amongst Indian trading houses in the manufacture and export of high-fashion ready-made garments to department, chain stores and boutiques in international markets across the United States, Europe, and the Latin Americas.
Over the years, additions to the group included Premco Silk Mills, Narrowleen Fabrics, and Premco Narrow Fabrics, all manufacturing specialty textile and fabric materials for the apparel and home furnishing industries.
In 1977, Premco Global ventured into manufacturing high-quality Woven and Knitted Elastic and Rigid narrow fabric and tape products designed for use in industry-specific applications in the apparel, lingerie, sports-related, medical, footwear, luggage and automotive fields.
Headquartered in Mumbai, India with sales offices throughout major garment production centers like Delhi, Chennai, Tirupur, Bangalore, Calcutta and Ahmedabad, Premco maintains close customer ties and is able to service requirements in line with the latest in market trend throughout Asia and the major garment production centers of the world.
Today, Premco Global shares the distinction of being an ISO 9001-2000 company, and is listed on the (BSE) Bombay Stock Exchange. In addition to these distinctions, Premco is proud to be a preferred supplier to companies such as Gap, Old Navy, Sara Lee, Tesco, Fruit of the Loom, Target Stores, Walmart and many others.
In 2004, the Premco Group of Companies added Pixel Packaging Ltd, to its roster. Pixel manufactures identification and packaging products such as woven and printed labels, hangtags, pressure sensitive labels, integrated barcode products, PDQ display boxes, and the increasingly popular heat Transfer or Tag-less labels
Product range of the company includes:
Packaging and Brand Identification products
Clientele
Achievements/ recognition:
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