Poddar Pigment

By Research Desk
about 11 years ago

 

Jaipur based, Poddar Pigments is one of the largest company in the masterbatch industry. Masterbatches are additives used to impart color or additional properties to polymers. The company, YoY has delivered a credible performance, with a 33% rise in net profit at Rs.4 crore on a 21% increase in net sales at Rs.85 crore. Though total costs have risen 21%, finance costs have come down 46% and this along with the rise in topline, helped the company deliver an improved bottomline.

As at 30th June 2014, promoters hold 60.20%, there is no FII holding while DII hold a miniscule 0.35%. Its NPM typically is always between 4.5 to 5%. Market cap is less than Rs.100 crore. It operates in a cyclical sector, dependent directly on the textile sector. So if the textile sector booms, so does this company. Its EPS for first quarter is at Rs.3.75 (face value Rs.10).

371.00 (+13.75)