BSE:514354

Stock Analysis Report

Executive Summary

Premier Polyfilm Ltd. manufactures and sells calendared PVC products in India.

Snowflake

Fundamentals

Solid track record and good value.


Similar Companies

Share Price & News

How has Premier Polyfilm's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.3%

514354

1.5%

IN Consumer Durables

1.6%

IN Market


1 Year Return

-24.4%

514354

10.9%

IN Consumer Durables

0.8%

IN Market

Return vs Industry: 514354 underperformed the Indian Consumer Durables industry which returned 10.9% over the past year.

Return vs Market: 514354 underperformed the Indian Market which returned 0.8% over the past year.


Shareholder returns

514354IndustryMarket
7 Day-0.3%1.5%1.6%
30 Day-8.8%9.1%1.5%
90 Day-16.5%9.1%-3.3%
1 Year-22.6%-24.4%11.4%10.9%2.7%0.8%
3 Year-32.4%-36.0%34.1%32.1%22.0%16.0%
5 Year92.9%79.3%134.5%128.0%42.3%29.3%

Price Volatility Vs. Market

How volatile is Premier Polyfilm's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Premier Polyfilm undervalued compared to its fair value and its price relative to the market?

32.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: 514354 (₹19.2) is trading below our estimate of fair value (₹28.55)

Significantly Undervalued: 514354 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 514354 is good value based on its PE Ratio (8.3x) compared to the Consumer Durables industry average (22.6x).

PE vs Market: 514354 is good value based on its PE Ratio (8.3x) compared to the Indian market (13.1x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate 514354's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 514354 is good value based on its PB Ratio (1x) compared to the IN Consumer Durables industry average (1.3x).


Next Steps

Future Growth

How is Premier Polyfilm forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 514354's forecast earnings growth (7.3% per year) is below the savings rate (7.6%).

Earnings vs Market: 514354's earnings (7.3% per year) are forecast to grow slower than the Indian market (18.3% per year).

High Growth Earnings: 514354's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if 514354's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if 514354's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if 514354's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Premier Polyfilm performed over the past 5 years?

7.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 514354's earnings have grown by 7.2% per year over the past 5 years.

Accelerating Growth: 514354's earnings growth over the past year (17.6%) exceeds its 5-year average (7.2% per year).

Earnings vs Industry: 514354 earnings growth over the past year (17.6%) exceeded the Consumer Durables industry 5.2%.


Return on Equity

High ROE: 514354's Return on Equity (11.6%) is considered low.


Return on Assets

ROA vs Industry: 514354 has a higher Return on Assets than the Consumer Durables industry average last year.


Return on Capital Employed

ROCE Improving: 514354 has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Premier Polyfilm's financial position?


Financial Position Analysis

Short Term Liabilities: 514354's short term assets (₹479.4M) exceeds its short term liabilities (₹418.3M)

Long Term Liabilities: 514354's short term assets (479.4M) exceeds its long term liabilities (72.6M)


Debt to Equity History and Analysis

Debt Level: 514354's debt to equity ratio (52.3%) is considered high

Reducing Debt: 514354's debt to equity ratio has increased from 13.4% to 52.3% over the past 5 years.

Debt Coverage: 514354's debt is well covered by operating cash flow (73.6%).

Interest Coverage: 514354's interest payments on its debt are not well covered by EBIT (2.6x coverage).


Balance Sheet

Inventory Level: 514354 has a high level of physical assets or inventory.

Debt Coverage by Assets: 514354's debt is covered by short term assets (assets are 2.200080x debt).


Next Steps

Dividend

What is Premier Polyfilm's current dividend yield, its reliability and sustainability?

2.60%

Current Dividend Yield


Dividend Yield vs Market

company2.6%marketbottom25%0.6%markettop25%2.5%industryaverage0.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: 514354's dividend (2.6%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).

High Dividend: 514354's dividend (2.6%) is in the top 25% of dividend payers in the Indian market (2.49%)

Stable Dividend: Whilst dividend payments have been stable, 514354 has been paying a dividend for less than 10 years.

Growing Dividend: 514354 has only been paying a dividend for 3 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (21.7%), 514354's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Premier Polyfilm's salary, the management and board of directors tenure and is there insider trading?

2.6yrs

Average board tenure


CEO

Amar Goenka (77yo)

0yrs

Tenure

₹3,835,000

Compensation

Mr. Amar Nath Goenka serves as the Chairman, Chief Executive Officer and Chief Financial Officer of Premier Polyfilm Ltd. and has been its Managing Director since February 18, 2008. Mr. Goenka has been a D ...


CEO Compensation Analysis

Compensation vs. Market: Amar's total compensation ($USD54.06K) is about average for companies of similar size in the Indian market ($USD25.38K).

Compensation vs Earnings: Amar's compensation has been consistent with company performance over the past year.


Board Age and Tenure

2.6yrs

Average Tenure

67yo

Average Age

Experienced Board: 514354's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Amar Goenka (77yo)

    Chairman

    • Tenure: 0yrs
    • Compensation: ₹3.84m
  • Sumat Jain (73yo)

    Executive Director

    • Tenure: 15.3yrs
    • Compensation: ₹2.03m
  • N. Bhandari

    Company Secretary & Compliance Officer

    • Tenure: 0yrs
    • Compensation: ₹1.53m
  • Amitaabh Goenka (48yo)

    Executive Director

    • Tenure: 9.8yrs
    • Compensation: ₹4.32m

Board Members

  • Amar Goenka (77yo)

    Chairman

    • Tenure: 0yrs
    • Compensation: ₹3.84m
  • Sumat Jain (73yo)

    Executive Director

    • Tenure: 15.3yrs
    • Compensation: ₹2.03m
  • Amitaabh Goenka (48yo)

    Executive Director

    • Tenure: 9.8yrs
    • Compensation: ₹4.32m
  • Rashmee Singhania (42yo)

    Independent Non-Executive Director

    • Tenure: 4.7yrs
    • Compensation: ₹56.00k
  • Santosh Dabriwala (67yo)

    Non Executive Independent Director

    • Tenure: 0.5yrs
  • Bhupinder Marwah (70yo)

    Non Executive Independent Director

    • Tenure: 0.5yrs
  • Umesh Agarwalla (66yo)

    Non Executive Independent Director

    • Tenure: 0.4yrs

Company Information

Premier Polyfilm Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Premier Polyfilm Ltd.
  • Ticker: 514354
  • Exchange: BSE
  • Founded: 1992
  • Industry: Home Furnishings
  • Sector: Consumer Durables
  • Market Cap: ₹402.211m
  • Shares outstanding: 20.95m
  • Website: https://www.premierpoly.com

Number of Employees


Location

  • Premier Polyfilm Ltd.
  • 40/1A, Site IV
  • Sahibabad Industrial Area
  • Ghaziabad
  • Uttar Pradesh
  • 201010
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
514354BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 2012
PREMIERPOLNSEI (National Stock Exchange of India)YesEquity SharesININRMar 2012

Biography

Premier Polyfilm Ltd. manufactures and sells calendared PVC products in India. The company offers PVC flooring products, such as heavy duty flooring; anti-bacterial flooring; safety flooring for buses and  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 12:33
End of Day Share Price2019/10/14 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.