Piramal Glass Pvt Ltd
Piramal Glass Pvt Ltd
Consumer DiscretionaryInsights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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29 extracted metrics + investor summaries across FY07–FY19.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Weaknesses
3- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 5.67% over past five years.
- Company might be capitalizing the interest cost
Growth Rate
Quarterly Results
| Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 270 | 267 | 296 | 278 | 278 | 302 | 307 | 305 |
| Expenses | 240 | 201 | 224 | 242 | 250 | 249 | 252 | 258 |
| Operating Profit | 30.18 | 66.19 | 72.31 | 36.75 | 28.04 | 53.19 | 54.31 | 47.34 |
| OPM % | 11.19% | 24.81% | 24.4% | 13.2% | 10.07% | 17.59% | 17.72% | 15.51% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 12.68 | 26.16 | 19.69 | 9.01 | 14.78 | 22.4 | 23.11 | 23.57 |
| Depreciation | 23.92 | 23.44 | 23.37 | 24.66 | 23.17 | 24.05 | 23.92 | 23.04 |
| PBT | -6.42 | 16.59 | 29.25 | 3.08 | -9.91 | 6.74 | 7.28 | 0.73 |
| Tax % | -47.04% | 39% | 34.6% | 24.03% | -31.38% | 38.72% | -36.13% | -32.88% |
| Net Profit | -3.4 | 10.12 | 19.13 | 2.34 | -6.8 | 4.13 | 9.91 | 0.97 |
| EPS in Rs | -0.42 | 1.25 | 2.36 | 0.29 | -0.84 | 0.51 | 1.22 | 0.12 |
Profit & Loss
| Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 381 | 465 | 582 | 652 | 762 | 855 | 1,015 | 1,096 | 1,192 | 1,300 | 1,305 | 1,445 |
| Expenses | 298 | 368 | 524 | 523 | 560 | 627 | 862 | 912 | 1,011 | 994 | 1,065 | 1,216 |
| Operating Profit | 83 | 97 | 58 | 129 | 202 | 228 | 154 | 184 | 181 | 306 | 239 | 229 |
| OPM % | 22% | 21% | 10% | 20% | 26% | 27% | 15% | 17% | 15% | 24% | 18% | 16% |
| Other Income | 19 | 32 | 21 | 27 | 11 | 17 | 22 | 22 | 9 | 10 | 24 | 38 |
| Interest | 23 | 50 | 86 | 63 | 47 | 80 | 76 | 72 | 90 | 75 | 38 | 31 |
| Depreciation | 35 | 53 | 66 | 72 | 74 | 58 | 93 | 95 | 94 | 92 | 149 | 107 |
| PBT | 45 | 26 | -73 | 21 | 92 | 108 | 6 | 39 | 6 | 149 | 77 | 129 |
| Tax % | 21% | 37% | -26% | 25% | 26% | 28% | 23% | 36% | 20% | 30% | 33% | 35% |
| Net Profit | 35 | 16 | -54 | 16 | 69 | 78 | 5 | 25 | 5 | 105 | 51 | 83 |
| EPS in Rs | — | — | — | — | — | 9.67 | 0.6 | 3.06 | 0.63 | 12.93 | 6.34 | 10.31 |
| Div. Payout % | 0% | 17% | 0% | 51% | 41% | 36% | 167% | 33% | 0% | 0% | 0% | 0% |
Balance Sheet
| Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 17 | 18 | 18 | 80 | 80 | 81 | 81 | 81 | 81 | 81 | 79 | 79 |
| Reserves | 233 | 246 | 191 | 321 | 357 | 403 | 399 | 414 | 405 | 509 | 570 | 653 |
| Borrowings | 505 | 732 | 912 | 571 | 578 | 740 | 829 | 894 | 870 | 756 | 613 | 1,257 |
| Other Liabilities | 119 | 150 | 123 | 146 | 207 | 265 | 274 | 308 | 295 | 288 | 380 | 440 |
| Total Liabilities | 875 | 1,146 | 1,244 | 1,118 | 1,222 | 1,489 | 1,583 | 1,696 | 1,650 | 1,634 | 1,641 | 2,429 |
| Fixed Assets | 528 | 665 | 644 | 622 | 613 | 656 | 784 | 797 | 715 | 764 | 752 | 799 |
| CWIP | 33 | 22 | 12 | 14 | 39 | 151 | 10 | 3 | 20 | 4 | 43 | 87 |
| Investments | 43 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 59 | 331 |
| Other Assets | 271 | 401 | 529 | 423 | 510 | 623 | 729 | 837 | 856 | 806 | 787 | 1,212 |
| Total Assets | 875 | 1,146 | 1,244 | 1,118 | 1,222 | 1,489 | 1,583 | 1,696 | 1,650 | 1,634 | 1,641 | 2,429 |
Cash Flow
| Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 53 | -9 | -59 | 226 | 130 | 155 | 90 | 96 | 152 | 310 | 198 | 338 |
| Investing | -173 | -179 | -34 | -11 | -83 | -218 | -70 | -85 | -31 | -113 | -160 | -506 |
| Financing | 120 | 185 | 94 | -215 | -47 | 74 | -18 | -10 | -120 | -192 | -38 | 613 |
| Net Cash Flow | 0 | -2 | 1 | 0 | 0 | 11 | 2 | 2 | 1 | 5 | -1 | 446 |
| Free Cash Flow | -123 | -175 | -94 | 213 | 39 | -79 | 10 | -5 | 98 | 177 | 32 | 108 |
| CFO/OP | 66 | -8 | -103 | 174 | 71 | 78 | 62 | 55 | 84 | 109 | 95 | 157 |
Ratios
| Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 102 | 143 | 146 | 130 | 124 | 130 | 130 | 133 | 122 | 105 | 85 | 67 |
| Inventory Days | 329 | 625 | 557 | 368 | 412 | 518 | 674 | 627 | 345 | 456 | 287 | 300 |
| Days Payable | 0 | 0 | 0 | 0 | 232 | 289 | 304 | 293 | 146 | 163 | 219 | 259 |
| Cash Conversion Cycle | 431 | 768 | 703 | 498 | 304 | 359 | 499 | 468 | 321 | 398 | 153 | 108 |
| Working Capital Days | 163 | 217 | 259 | 160 | 116 | 132 | 158 | 174 | 166 | 147 | 127 | 95 |
| ROCE % | 11% | 9% | 1% | 8% | 14% | 17% | 6% | 8% | 8% | 17% | — | 10% |
Documents
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Company Information
Piramal Glass Limited is an India-based glass bottle manufacturing company. The Companys produces glass bottles for segements including: Cosmetics & Perfumery, Pharmaceuticals, Speciality food & beverages, Decoration. Cosmetics & Perfumery, produces glass bottles for perfumes ranging from 30ml to 100ml and colour cosmetics from 5ml to 10ml range. Pharmaceuticals, produces glass bottle for pharmaceutical syrup packaging, food and jar bottles, chemical bottles, injectables, and dropper series; Speciality food & beverages, produces spice jars, coffee jars, honey jars, jam jars and balm jars; Decoration, produces multi colored flint and lacquered bottles as well as hot foil stamping, ceramic printing, organic colour printing, glass etching and sleeving.