Orient Press reports 10.7% EBITDA growth in 2016 and 0.51 pp EBITDA Margin growth from 6.9% to 7.4%
28-05-2016 • About Orient Press (
$ORIENTLTD) • By InTwits
Orient Press reported FY2016 financial results today. Below you can find a comprehensive analysis of the key data driving the company's performance and the stock price.
Revenue and profitability
Orient Press's Revenue increased on 3.1%. Revenue growth happened at the same time with EBITDA margin expansion. EBITDA Margin increased slightly on 0.51 pp from 6.9% to 7.4% in FY2016.
Net Income margin showed almost no change in FY2016. During the last 5 years Net Income margin bottomed in FY2014 at 0.57% and was growing since that time.
Financial and operational results
Orient Press ($ORIENTLTD) key annual financial indicators| mln. INR | 2012 | 2013 | 2014 | 2015 | 2016 | 2016/2015 |
|---|
P&L
|
|---|
| Revenue | 1,619 | 1,706 | 1,785 | 1,940 | 2,000 | 3.1% |
| EBITDA | 142 | 156 | 108 | 134 | 148 | 10.7% |
| Net Income | 145 | 77 | 10 | 19 | 24 | 23.9% |
Balance Sheet
|
|---|
| Cash | 5 | 31 | | | | |
| Short Term Debt | 178 | 226 | | | | |
| Long Term Debt | 126 | 194 | | | | |
Cash flow
|
|---|
| Capex | 12 | | | | | |
Ratios
|
|---|
| Revenue growth | 5.5% | 5.4% | 4.6% | 8.6% | 3.1% | |
| EBITDA growth | -14.1% | 9.4% | -30.7% | 23.9% | 10.7% | |
|
|---|
| EBITDA Margin | 8.8% | 9.1% | 6.0% | 6.9% | 7.4% | 0.5% |
| Net Income Margin | 8.9% | 4.5% | 0.6% | 1.0% | 1.2% | 0.2% |
| CAPEX, % of revenue | 0.7% | | | | | |
|
|---|
| ROIC | 12.2% | 11.6% | | | | |
| ROE | 28.5% | 12.9% | | | | |
| Net Debt/EBITDA | 2.1x | 2.5x | 0.0x | 0.0x | 0.0x |
Peers in Containers & Packaging
Below you can find Orient Press benchmarking vs. other companies in Containers & Packaging industry. It's shown for the period of 5 years for the key financial metrics. Each table has median value for all the companies in the industry together with individual financial data of the top-5 companies in the industry by particular financial metric.
Top companies by Revenue growth, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Control Print ($CONTROLPR) | - | 20.0% | 14.1% | 23.9% | 17.9% |
| Shri Jagdamba Polymers ($SHRJAGP) | 35.5% | 38.3% | 21.7% | 22.7% | - |
| Kg Petrochem ($KGPETRO) | 16.1% | 24.0% | 20.9% | 22.4% | - |
| Kanpur Plastipack ($KANPRPLA) | - | -4.6% | 21.1% | 15.9% | -0.0% |
| Emmbi Industries ($EMMBI) | - | 36.6% | 13.9% | 14.8% | 13.3% |
| |
|---|
| Median (19 companies) | 16.1% | 16.9% | 14.1% | 8.4% | -1.6% |
|---|
| Orient Press ($ORIENTLTD) | - | 5.4% | 4.6% | 8.6% | 3.1% |
Top companies by EBITDA margin, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Control Print ($CONTROLPR) | 13.9% | 19.2% | 22.5% | 25.2% | 27.3% |
| Manaksia ($MANAKSIA) | 14.4% | 17.4% | 20.3% | 18.6% | 16.6% |
| Essel Propack ($ESSELPRO) | 17.0% | 17.4% | 16.9% | 17.2% | 19.4% |
| Time Technoplast ($TIMETECHNO) | 15.9% | 16.2% | 14.1% | 13.7% | 14.1% |
| Piramal Glass ($PIRAMGLAS) | 23.7% | 18.9% | 15.5% | 13.5% | - |
| |
|---|
| Median (22 companies) | 12.9% | 11.3% | 12.2% | 9.4% | 14.1% |
|---|
| Orient Press ($ORIENTLTD) | 8.8% | 9.1% | 6.0% | 6.9% | 7.4% |
Top companies by CAPEX/Revenue, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Control Print ($CONTROLPR) | 3.0% | 5.0% | 7.5% | 11.9% | 8.9% |
| Essel Propack ($ESSELPRO) | 10.0% | 6.7% | 8.5% | 9.4% | 8.9% |
| Manaksia ($MANAKSIA) | 9.0% | 4.8% | 4.7% | 6.5% | 8.5% |
| Uflex ($UFLEX) | 23.0% | 11.8% | 3.5% | 3.6% | 8.4% |
| Time Technoplast ($TIMETECHNO) | 17.9% | 11.1% | 6.2% | 4.2% | 6.9% |
| |
|---|
| Median (6 companies) | 8.9% | 6.7% | 6.7% | 4.6% | 8.4% |
|---|
Top companies by ROIC, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Control Print ($CONTROLPR) | - | 19.7% | 22.2% | 25.2% | 26.2% |
| Essel Propack ($ESSELPRO) | 8.6% | 9.9% | 12.5% | 14.7% | 16.6% |
| Time Technoplast ($TIMETECHNO) | 12.8% | 13.4% | 12.0% | 12.9% | 12.4% |
| Manaksia ($MANAKSIA) | 12.9% | 15.5% | 16.0% | 11.4% | 9.2% |
| Uflex ($UFLEX) | 12.5% | 9.9% | 8.1% | 8.4% | 9.0% |
| |
|---|
| Median (32 companies) | 9.1% | 9.9% | 11.6% | 11.4% | 10.8% |
|---|
| Orient Press ($ORIENTLTD) | 12.2% | 11.6% | - | - | - |
Top companies by Net Debt / EBITDA
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Hindusthan National Glass & Industries ($HINDNATGLS) | 7.4x | 15.8x | 11.2x | 10.6x | 8.1x |
| Piramal Glass ($PIRAMGLAS) | 3.1x | 4.1x | 4.3x | 4.2x | - |
| Uflex ($UFLEX) | 2.7x | 3.0x | 3.2x | 2.8x | 2.2x |
| Essel Propack ($ESSELPRO) | 3.2x | 2.9x | 2.6x | 2.2x | 1.6x |
| Time Technoplast ($TIMETECHNO) | 2.6x | 2.6x | 2.6x | 2.2x | 1.9x |
| |
|---|
| Median (20 companies) | 3.2x | 3.5x | 2.0x | 0.0x | 0.1x |
|---|
| Orient Press ($ORIENTLTD) | 2.1x | 2.5x | 0.0x | 0.0x | 0.0x |
