Polyplex Corporation Ltd
About
Polyplex Corporation Limited has the 7th largest polyester film production capacity globally. It produces Biaxially Orientated Polypropylene (BOPP), polyethylene (PE), polypropylene (PP), and Cast Polypropylene (CPP) films. Additionally, Polyplex offers holography, metallising, silicone coating, extrusion coating, offline chemical coating, and transfer metallised paper. With 7 manufacturing facilities in India, Thailand, Turkey, Indonesia, and the US, Polyplex has a production capacity of 435,500 metric tonnes of PET film resin, 284,000 metric tonnes of PET thin base film, and 102,150 metric tonnes of metalliser. The company is able to supply its products to more than 85 countries across Europe, Asia-Pacific, the Middle East, and the Americas.
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Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 6397 -17.4% | 7747 8.9% | 7113 41.7% | 5020 8.5% | 4625 -3.7% | 4804 30.3% | 3686 9.4% | 3369 6.7% | 3156 -4.4% | 3302 1.3% | 3260 23.8% | 2633 8.4% | 2430 -24.9% | 3234 150.4% | 1291 13.6% | 1136 - |
| Net Operating Income (INR Cr) | 6307 -17.58% | 7652 15.52% | 6624 34.69% | 4918 9.61% | 4487 -1.81% | 4570 27.92% | 3572 11.60% | 3201 -0.03% | 3202 -0.07% | 3204 1.01% | 3172 25.14% | 2535 4.49% | 2426 -0.62% | 2441 100.42% | 1218 8.69% | 1121 11.91% |
| Profit (INR Cr) | 38 -89.1% | 348 -38.8% | 569 11.1% | 512 81.5% | 282 -14.5% | 330 107.0% | 159 -31.2% | 232 697.9% | 29 -23.5% | 38 - | -7 - | 21 -77.4% | 94 -91.1% | 1056 1023.2% | 94 -14.9% | 110 - |
| Assets (INR Cr) | 6589 -0.1% | 6593 4.8% | 6289 13.9% | 5523 4.8% | 5268 9.7% | 4805 6.9% | 4493 12.1% | 4007 -5.9% | 4258 -4.1% | 4441 -10.5% | 4960 16.6% | 4254 31.4% | 3236 10.7% | 2923 69.3% | 1727 13.7% | 1518 - |
| Net Worth (INR Cr) | 3511 0.8% | 3483 5.0% | 3316 8.6% | 3053 0.8% | 3029 9.3% | 2771 8.8% | 2548 10.7% | 2302 -0.8% | 2321 9.5% | 2121 -6.2% | 2261 12.7% | 2005 5.6% | 1900 18.3% | 1606 142.3% | 663 3.8% | 639 27.7% |
| Employee Cost (INR Cr) | 586 19.5% | 490 1.7% | 482 13.7% | 424 9.6% | 387 12.4% | 345 13.6% | 303 3.3% | 294 -0.6% | 295 10.4% | 267 8.9% | 246 36.8% | 180 36.8% | 131 8.1% | 121 54.5% | 79 1.1% | 78 - |
| Interest Cost (INR Cr) | 42 | 35 | 17 | 18 | 18 | 29 | 39 | 47 | 48 | 56 | 54 | 32 | 34 | 47 | 27 | 37 |
| Cash & Bank Balance (INR Cr) | 706 | 980 | 906 | 952 | 961 | 784 | 781 | 385 | 1135 | 1074 | 933 | 900 | 1004 | 861 | 129 | 93 |
| Total Debt (INR Cr) | 748 | 799 | 946 | 695 | 758 | 786 | 863 | 810 | 1294 | 1655 | 2079 | 1580 | 723 | 728 | 854 | 681 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 0.6% | 4.5% | 8.0% | 10.2% | 6.1% | 6.9% | 4.3% | 6.9% | 0.9% | 1.2% | - | 0.8% | 3.9% | 32.6% | 7.3% | 9.7% |
| Profit As % Of Assets | 0.6% | 5.3% | 9.0% | 9.3% | 5.4% | 6.9% | 3.6% | 5.8% | 0.7% | 0.9% | - | 0.5% | 2.9% | 36.1% | 5.4% | 7.3% |
| Profit As % Of Networth | 1.1% | 10.0% | 17.2% | 16.8% | 9.3% | 11.9% | 6.3% | 10.1% | 1.3% | 1.8% | - | 1.1% | 5.0% | 65.7% | 14.2% | 17.3% |
| Interest Cost to EBITDA % | 11.6% | 3.7% | 1.3% | 1.4% | 2.3% | 4.0% | 8.0% | 10.6% | 13.6% | 23.6% | 58.8% | 17.2% | 9.2% | 5.3% | 12.5% | 15.7% |
| Debt to Equity Ratio | 0.21 | 0.23 | 0.29 | 0.23 | 0.25 | 0.28 | 0.34 | 0.35 | 0.56 | 0.78 | 0.92 | 0.79 | 0.38 | 0.45 | 1.29 | 1.07 |
| RONW | 2.5% | 18.1% | 30.3% | 28.3% | 15.2% | 21.9% | 11.7% | 13.3% | 1.3% | 5.5% | - | 2.9% | 13.2% | 47.9% | 16.1% | 20.6% |
| ROCE | 2.8% | 17.4% | 28.9% | 26.3% | 16.0% | 19.6% | 10.8% | 10.9% | 4.8% | 4.6% | -1.6% | 3.0% | 10.8% | 35.5% | 11.3% | 15.5% |