Financials Axel Polymers Limited

Equities

AXELPOLY6

INE197C01012

Diversified Chemicals

Market Closed - Bombay S.E. 03:30:51 10/05/2024 pm IST 5-day change 1st Jan Change
70.88 INR +1.29% Intraday chart for Axel Polymers Limited +5.79% +39.12%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 101.3 58.44 34.4 53.32 422 359.1
Enterprise Value (EV) 1 173.3 132.5 105.3 138.3 672 600.2
P/E ratio 43.7 x 12.5 x 36.8 x 28.3 x 46.1 x 30.3 x
Yield - - - - - -
Capitalization / Revenue 0.38 x 0.24 x 0.15 x 0.23 x 0.58 x 0.42 x
EV / Revenue 0.64 x 0.54 x 0.46 x 0.6 x 0.92 x 0.7 x
EV / EBITDA 13.2 x 7.97 x 7.55 x 8.65 x 15 x 11.4 x
EV / FCF -7.62 x 26.5 x 34.4 x -10.3 x -349 x 64.2 x
FCF Yield -13.1% 3.77% 2.91% -9.7% -0.29% 1.56%
Price to Book 6.92 x 3.03 x 1.73 x 2.43 x 3.42 x 2.65 x
Nbr of stocks (in thousands) 4,300 4,300 4,300 4,300 8,517 8,517
Reference price 2 23.55 13.59 8.000 12.40 49.55 42.16
Announcement Date 14/08/18 04/09/19 05/08/20 04/09/21 02/09/22 06/09/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 269.7 243.7 229 230.4 729.1 851.9
EBITDA 1 13.17 16.63 13.96 15.98 44.71 52.83
EBIT 1 10.36 13.3 10.33 12.28 40.07 47.52
Operating Margin 3.84% 5.46% 4.51% 5.33% 5.5% 5.58%
Earnings before Tax (EBT) 1 2.865 4.349 0.7879 1.233 13.42 17.01
Net income 1 2.319 4.68 0.9358 1.886 9.161 11.84
Net margin 0.86% 1.92% 0.41% 0.82% 1.26% 1.39%
EPS 2 0.5393 1.088 0.2176 0.4387 1.076 1.390
Free Cash Flow 1 -22.75 4.998 3.064 -13.41 -1.925 9.356
FCF margin -8.43% 2.05% 1.34% -5.82% -0.26% 1.1%
FCF Conversion (EBITDA) - 30.05% 21.95% - - 17.71%
FCF Conversion (Net income) - 106.78% 327.36% - - 79%
Dividend per Share - - - - - -
Announcement Date 14/08/18 04/09/19 05/08/20 04/09/21 02/09/22 06/09/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: Marzo 2018 2019 2020 2021 2022 2023
Net Debt 1 72.1 74.1 70.9 85 250 241
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 5.472 x 4.455 x 5.082 x 5.317 x 5.592 x 4.565 x
Free Cash Flow 1 -22.7 5 3.06 -13.4 -1.93 9.36
ROE (net income / shareholders' equity) 17.4% 27.6% 4.77% 9.01% 7.72% 9.16%
ROA (Net income/ Total Assets) 4.46% 5.59% 4.18% 4% 4.68% 5.35%
Assets 1 52.05 83.79 22.37 47.19 195.6 221.2
Book Value Per Share 2 3.400 4.490 4.630 5.110 14.50 15.90
Cash Flow per Share 2 0.5800 0.0400 0.0500 0.0600 1.100 1.260
Capex 1 3.89 5.96 1.61 0.71 3.67 16.7
Capex / Sales 1.44% 2.45% 0.7% 0.31% 0.5% 1.96%
Announcement Date 14/08/18 04/09/19 05/08/20 04/09/21 02/09/22 06/09/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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