Ludhiana-based manufacturer of Biaxially Oriented Polypropylene (BOPP) films used in flexible packaging, sold domestically and exported to international markets.
Price
Market Cap
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Industrials
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| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 13 | 13 | 13 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 378 | 513 | 900 | 767 | 786 | 789 | 840 | 854 |
| Borrowings | 4 | 58 | 173 | 163 | 126 | 96 | 96 | 79 |
| Other Liabilities | 10 | 69 | 58 | 36 | 34 | 51 | 60 | 54 |
| Total Liabilities | 404 | 653 | 1.1k | 979 | 959 | 948 | 1.0k | 1.0k |
| AssetsFixed Assets | 29 | 28 | 293 | 269 | 237 | 210 | 194 | 180 |
| CWIP | 21 | 172 | 2 | 0 | 0 | 0 | 10 | 22 |
| Investments | 279 | 366 | 715 | 568 | 623 | 588 | 640 | 611 |
| Other Assets | 75 | 87 | 135 | 142 | 98 | 150 | 165 | 186 |
| Total Assets | 404 | 653 | 1.1k | 979 | 959 | 948 | 1.0k | 1.0k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 18 | 40 | 94 | -24 | 110 | 17 | 57 | 50 |
| Cash from Investing | -6 | -40 | -136 | -92 | -37 | -11 | -3 | -25 |
| Cash from Financing | -11 | -1 | 42 | 115 | -41 | -38 | -41 | -38 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 17 | 19 | -58 | -125 | 103 | 16 | 51 | 26 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
NAHARPOLY · CYCLICAL_UNMODELABLE
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