Why is Polyplex Corporation Ltd ?
1
Poor Management Efficiency with a low ROE of 6.97%
- The company has been able to generate a Return on Equity (avg) of 6.97% signifying low profitability per unit of shareholders funds
2
Poor long term growth as Operating profit has grown by an annual rate -160.98% of over the last 5 years
3
Flat results in Mar 26
- PAT(Latest six months) At Rs 39.56 cr has Grown at -41.72%
- ROCE(HY) Lowest at 1.42%
- DEBTORS TURNOVER RATIO(HY) Lowest at 6.30 times
4
Risky - Negative Operating Profits
- The company has recorded a negative EBIT of Rs. -67.98 cr
- Over the past year, while the stock has generated a return of -28.23%, its profits have fallen by -78.5%
- The stock is trading risky as compared to its average historical valuations
5
99.81% of Promoter Shares are Pledged
- In falling markets, high promoter pledged shares puts additional downward pressure on the stock prices
6
Underperformed the market in the last 1 year
- Even though the market (BSE500) generated negative returns of -0.51% in the last 1 year, its fall in the stock was much higher with a return of -28.23%
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Packaging)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Polyplex Corpn for you?
Medium Risk, Low Return
Absolute
Risk Adjusted
Volatility
Polyplex Corpn
-28.23%
-0.92
30.61%
Sensex
-5.98%
-0.45
13.24%
Quality key factors
Factor
Value
Sales Growth (5y)
7.58%
EBIT Growth (5y)
-160.98%
EBIT to Interest (avg)
15.48
Debt to EBITDA (avg)
1.73
Net Debt to Equity (avg)
-0.03
Sales to Capital Employed (avg)
1.53
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
20.63%
Pledged Shares
99.81%
Institutional Holding
12.81%
ROCE (avg)
11.78%
ROE (avg)
6.97%
Valuation Key Factors 
Factor
Value
P/E Ratio
64
Industry P/E
35
Price to Book Value
0.68
EV to EBIT
-40.29
EV to EBITDA
9.28
EV to Capital Employed
0.67
EV to Sales
0.39
PEG Ratio
NA
Dividend Yield
0.71%
ROCE (Latest)
-1.65%
ROE (Latest)
1.06%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
No Trend
No Trend
Technical Movement
7What is working for the Company
NET SALES(Q)
Highest at Rs 1,870.72 cr
PAT(Q)
Highest at Rs 24.80 cr.
EPS(Q)
Highest at Rs 7.90
-10What is not working for the Company
PAT(Latest six months)
At Rs 39.56 cr has Grown at -41.72%
ROCE(HY)
Lowest at 1.42%
DEBTORS TURNOVER RATIO(HY)
Lowest at 6.30 times
NON-OPERATING INCOME(Q)
is 145.35 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for Polyplex Corpn
Profit After Tax (PAT) - Quarterly
At Rs 24.80 cr has Grown at 227.8% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 7.57 CrMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Net Sales - Quarterly
Highest at Rs 1,870.72 cr
in the last five quartersMOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 24.80 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 7.90
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Here's what is not working for Polyplex Corpn
Non Operating Income - Quarterly
is 145.35 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT
Debtors Turnover Ratio- Half Yearly
Lowest at 6.30 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
Non Operating Income - Quarterly
Highest at Rs 61.86 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income






