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Last Updated on: 19 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Uflex Ltd

Basic Stock Data

Last Updated: June 12, 2024, 11:18 am

Market Cap 3,374 Cr.
Current Price 467
High / Low500/371
Stock P/E89.0
Book Value 1,001
Dividend Yield0.63 %
ROCE6.27 %
ROE0.51 %
Face Value 10.0
PEG Ratio-1.46

Competitors of Uflex Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Cosmo First Ltd 1,685 Cr. 643773/45127.1 5130.78 %6.99 %4.70 % 10.0
Apt Packaging Ltd 17.4 Cr. 33.052.8/25.0 9.540.00 %10.5 %% 10.0
Advance Syntex Ltd 8.10 Cr. 7.309.65/4.23 5.410.00 %3.39 %16.5 % 10.0
Radha Madhav Corporation Ltd 18.3 Cr. 2.002.50/1.207.05 0.160.00 %17.8 %1,786 % 10.0
Commercial Syn Bags Ltd 261 Cr. 65.8112/50.633.2 32.20.00 %8.84 %6.31 % 10.0
Industry Average1,539.14 Cr311.2827.00157.640.55%12.77%81.01%7.00

Quarterly Result

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales2,5642,7573,0273,4633,8684,0323,7683,4833,3803,2583,3693,3093,426
Expenses2,0552,2592,6122,8563,2193,3213,3563,2193,0112,9752,9842,9783,060
Operating Profit509498416608649711412264370284386332366
OPM %20%18%14%18%17%18%11%8%11%9%11%10%11%
Other Income85911471481-70-52-36220-64-319
Interest6063758698105105133130135132140128
Depreciation120127135135140144146144166160164166165
Profit before tax336312215398458476242-8322-373110-39-247
Tax %21%15%20%21%23%21%21%-3%96%-12%42%-72%-10%
Net Profit265264171314351375191-851-41663-67-271
EPS in Rs36.6636.5623.6443.3748.5151.8626.41-11.830.12-57.638.77-9.31-37.51

Last Updated: June 9, 2024, 10:08 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: May 27, 2024, 6:14 am

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales4,4945,1375,8266,1306,3666,5056,8027,9577,4058,88913,12714,66313,317
Expenses3,8324,4845,1375,3955,5615,6305,9216,9696,3247,08510,95612,91311,947
Operating Profit6626536887358058748819881,0811,8042,1711,7491,371
OPM %15%13%12%12%13%13%13%12%15%20%17%12%10%
Other Income2122291838252219282371-21-458
Interest199230233187176187197218225229322473537
Depreciation178236267279286318352381403456537599656
Profit before tax3052092172863823953544094811,1421,382656-281
Tax %17%9%7%11%17%11%12%23%23%26%20%27%
Net Profit2541902022563173513123153718441,099481-419
EPS in Rs35.3226.3627.9235.2843.4648.2643.0043.4651.21116.73152.0966.57-58.05
Dividend Payout %6%9%9%8%7%7%5%5%4%2%2%5%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-25.20%6.32%26.73%23.83%10.73%-11.11%0.96%17.78%127.49%30.21%-56.23%
Change in YoY Net Profit Growth (%)0.00%31.51%20.42%-2.90%-13.10%-21.84%12.07%16.82%109.72%-97.28%-86.45%

Growth

Compounded Sales Growth
10 Years:11%
5 Years:17%
3 Years:26%
TTM:-12%
Compounded Profit Growth
10 Years:12%
5 Years:14%
3 Years:17%
TTM:-96%
Stock Price CAGR
10 Years:18%
5 Years:16%
3 Years:3%
1 Year:8%
Return on Equity
10 Years:11%
5 Years:12%
3 Years:14%
Last Year:8%

Last Updated: May 2, 2024, 5:48 am

Uflex Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital72727272727272727272727272
Reserves2,1172,4262,7512,9353,3763,5723,9074,2324,6255,4846,6247,4337,142
Borrowings1,9352,2492,4162,2102,1392,1022,0792,1053,6264,0414,7875,7046,424
Other Liabilities1,1651,2161,3561,2501,2171,4021,6291,5501,6932,2222,9593,2293,038
Total Liabilities5,2895,9646,5956,4686,8047,1487,6887,96010,01611,82014,44116,43816,677
Fixed Assets2,6773,3393,3783,2403,2553,3943,7663,7593,8085,0326,4177,7867,382
CWIP2913874322294981962612,0071,518671466916
Investments96102126138111768542199205212191187
Other Assets2,2242,4853,0173,0583,2103,1803,6413,8984,0035,0657,1417,9948,192
Total Assets5,2895,9646,5956,4686,8047,1487,6887,96010,01611,82014,44116,43816,677

Reserves and Borrowings Chart

Uflex Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 7535413315018757796515538491,1747091,383
Cash from Investing Activity -997-531-143-197-437-669-427-344-2,062-1,095-952-1,172
Cash from Financing Activity 134-17-143-319-242-202-205-2371,369134216292
Net Cash Flow-110-645-15196-9219-27155214-28503

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow661.00651.00686.00733.00803.00872.00879.00986.00-2.00-3.00-2.00-4.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days9194908593104949699988094
Inventory Days536063647072637389869184
Days Payable81867280981087990104928590
Cash Conversion Cycle626980686468787983928788
Working Capital Days5159716464747277949891107
ROCE %10%9%9%10%10%9%10%10%15%17%10%

Financial Efficiency Indicators Chart

Uflex Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters44.02%44.02%44.02%44.02%44.02%44.58%44.58%44.58%44.58%44.58%44.58%44.58%
FIIs5.16%5.18%6.20%6.42%6.66%7.09%8.69%8.34%7.26%7.14%6.51%7.04%
DIIs1.61%1.61%1.15%1.08%0.33%0.18%0.22%0.25%0.66%0.66%0.68%0.69%
Public49.22%49.19%48.64%48.48%49.00%48.15%46.54%46.84%47.50%47.62%48.25%47.70%
No. of Shareholders41,92438,85152,81257,14756,62556,39155,22157,62661,97062,81766,40963,367

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Motilal Oswal Nifty Microcap 250 Index Fund24,4100.191.1824,4102024-06-110%
Taurus Mid Cap Fund4,8690.210.2424,4102024-06-11-80.05%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-95.6966.57152.09116.7351.21
Diluted EPS (Rs.)-95.6966.57152.09116.7351.21
Cash EPS (Rs.)-4.94150.56226.63179.94107.19
Book Value[Excl.RevalReserv]/Share (Rs.)1000.551039.38927.25769.49650.47
Book Value[Incl.RevalReserv]/Share (Rs.)1000.551039.38927.25769.49650.47
Revenue From Operations / Share (Rs.)1850.662030.491817.871231.211025.44
PBDIT / Share (Rs.)209.59261.17315.74253.01153.55
PBIT / Share (Rs.)118.82178.22241.35189.9097.72
PBT / Share (Rs.)-76.0291.88191.42158.1766.59
Net Profit / Share (Rs.)-95.7267.61152.25116.8351.36
NP After MI And SOA / Share (Rs.)-95.6966.57152.09116.7351.21
PBDIT Margin (%)11.3212.8617.3620.5414.97
PBIT Margin (%)6.428.7713.2715.429.52
PBT Margin (%)-4.104.5210.5312.846.49
Net Profit Margin (%)-5.173.328.379.485.00
NP After MI And SOA Margin (%)-5.173.278.369.484.99
Return on Networth / Equity (%)-9.566.4116.4215.167.87
Return on Capital Employeed (%)7.1011.1016.8115.679.52
Return On Assets (%)-3.982.927.607.123.69
Long Term Debt / Equity (X)0.570.460.450.500.52
Total Debt / Equity (X)0.930.730.680.640.71
Asset Turnover Ratio (%)0.790.630.640.620.65
Current Ratio (X)1.461.561.641.551.41
Quick Ratio (X)1.091.081.191.181.09
Inventory Turnover Ratio (X)3.863.364.033.853.75
Dividend Payout Ratio (NP) (%)0.004.501.641.714.49
Dividend Payout Ratio (CP) (%)0.002.001.101.112.15
Earning Retention Ratio (%)0.0095.5098.3698.2995.51
Cash Earning Retention Ratio (%)0.0098.0098.9098.8997.85
Interest Coverage Ratio (X)2.833.987.077.984.93
Interest Coverage Ratio (Post Tax) (X)1.342.354.534.682.65
Enterprise Value (Cr.)8570.536834.468380.475629.293924.64
EV / Net Operating Revenue (X)0.640.460.630.630.53
EV / EBITDA (X)5.663.623.683.083.54
MarketCap / Net Operating Revenue (X)0.210.160.330.300.13
Retention Ratios (%)0.0095.4998.3598.2895.50
Price / BV (X)0.400.320.650.490.21
Price / Net Operating Revenue (X)0.210.160.330.300.13
EarningsYield-0.230.190.240.300.37

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value: 457.22

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Overvalued: 2.10% compared to the current price 467

Intrinsic Value: 178.50

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Overvalued: 61.78% compared to the current price ₹467

Last 5 Year EPS CAGR: -60.96%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (4,543.17 cr) compared to borrowings (3,367.08 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (7.69 cr) and profit (262.69 cr) over the years.
  1. The stock has a low average ROCE of 9.92%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 76.83, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 76.50, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Uflex Ltd:
    1. Net Profit Margin: -5.17%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 7.10% (Industry Average ROCE: 7.92%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: -9.56% (Industry Average ROE: 14.71%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 1.34
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 1.09
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. ✗ Stock P/E: 89.0 (Industry average Stock P/E: 41.34)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.93
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company

Uflex Ltd. is a Public Limited Listed company incorporated on 21/06/1988 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74899DL1988PLC032166 and registration number is 032166. Currently Company is involved in the business activities of Manufacture of other plastics products. Company’s Total Operating Revenue is Rs. 5673.78 Cr. and Equity Capital is Rs. 72.21 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Packaging & Containers305, Third Floor, Bhanot Corner, New Delhi Delhi 110048secretarial@uflexltd.com
http://www.uflexltd.com
Management
NamePosition Held
Mr. Ashok ChaturvediChairman & Managing Director
Mr. Jagmohan MongiaWhole Time Director
Mrs. Sujit Kumar VarmaIndependent Director
Mr. Ghyanendra Nath BajpaiIndependent Director
Mrs. Rashmi VermaIndependent Director
Mr. Paresh Nath SharmaIndependent Director

FAQ

What is the latest fair value of Uflex Ltd?

The latest fair value of Uflex Ltd is ₹457.22.

What is the Market Cap of Uflex Ltd?

The Market Cap of Uflex Ltd is 3,374 Cr..

What is the current Stock Price of Uflex Ltd as on 19 June 2024?

The current stock price of Uflex Ltd as on 19 June 2024 is ₹467.

What is the High / Low of Uflex Ltd stocks in FY 2024?

In FY 2024, the High / Low of Uflex Ltd stocks is 500/371.

What is the Stock P/E of Uflex Ltd?

The Stock P/E of Uflex Ltd is 89.0.

What is the Book Value of Uflex Ltd?

The Book Value of Uflex Ltd is 1,001.

What is the Dividend Yield of Uflex Ltd?

The Dividend Yield of Uflex Ltd is 0.63 %.

What is the ROCE of Uflex Ltd?

The ROCE of Uflex Ltd is 6.27 %.

What is the ROE of Uflex Ltd?

The ROE of Uflex Ltd is 0.51 %.

What is the Face Value of Uflex Ltd?

The Face Value of Uflex Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Uflex Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE