Pbm Polytex revenue dropped on 11.4%
30-05-2016 • About Pbm Polytex (
$PBMPOLY) • By InTwits
Pbm Polytex reported FY2016 financial results today. Below you can find a comprehensive analysis of the key data driving the company's performance and the stock price.
Revenue and profitability
Pbm Polytex's Revenue dropped on 11.4%.
Net Income margin decreased slightly on 1.4 pp from 4.9% to 3.6% in FY2016. During the last 5 years Net Income margin topped in FY2014 at 8.4% and was declining since that time.
Financial and operational results
Pbm Polytex ($PBMPOLY) key annual financial indicators| mln. INR | 2012 | 2013 | 2014 | 2015 | 2016 | 2016/2015 |
|---|
P&L
|
|---|
| Revenue | 2,196 | 2,172 | 2,355 | 2,142 | 1,899 | -11.4% |
| EBITDA | 106 | 314 | 381 | 231 | | |
| Net Income | 4 | 135 | 197 | 106 | 68 | -36.3% |
Balance Sheet
|
|---|
| Cash | 14 | 36 | | | | |
| Short Term Debt | 108 | 285 | | | | |
| Long Term Debt | 167 | 160 | | | | |
Cash flow
|
|---|
| Capex | 48 | | | | | |
Ratios
|
|---|
| Revenue growth | 13.7% | -1.1% | 8.4% | -9.1% | -11.4% | |
| EBITDA growth | -69.1% | 196.0% | 21.2% | -39.5% | | |
|
|---|
| EBITDA Margin | 4.8% | 14.5% | 16.2% | 10.8% | |
| Net Income Margin | 0.2% | 6.2% | 8.4% | 4.9% | 3.6% | -1.4% |
| CAPEX, % of revenue | 2.2% | | | | | |
|
|---|
| ROIC | 3.6% | 22.1% | | | | |
| ROE | 0.7% | 19.7% | | | | |
| Net Debt/EBITDA | 2.5x | 1.3x | 0.0x | 0.0x | |
Peers in Textiles
Below we provide Pbm Polytex benchmarking against other companies in Textiles industry for the last 5 years. We show data for the top-5 companies by key financial metric together with the median value for all the companies in the industry.
Top companies by Revenue growth, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Raj Rayon Industries ($RAJRAYON) | - | 3.8% | -33.7% | -61.0% | 146.1% |
| Olympia Industries ($OLYMPTX) | - | -96.6% | 74,809.1% | 1,749.9% | 50.5% |
| Prag Bosimi Synthetics ($PRAGBOS) | - | - | - | - | 34.5% |
| Nitin Spinners ($NITINSPIN) | - | 4.1% | 9.5% | 26.2% | 24.4% |
| Blue Chip Tex Industries ($BLUECHIPT) | - | 12.9% | 29.9% | 56.1% | 23.7% |
| |
|---|
| Median (65 companies) | 3.0% | 10.0% | 14.6% | -0.1% | -4.3% |
|---|
| Pbm Polytex ($PBMPOLY) | - | -1.1% | 8.4% | -9.1% | -11.4% |
Top companies by EBITDA margin, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Sil Investments ($SILINV) | - | - | - | 93.8% | - |
| Swadeshi Polytex ($SWADPOL) | - | - | - | 64.4% | - |
| Binny ($BINNY) | - | - | - | 60.9% | - |
| Ruby Mills ($RUBYMILLS) | 28.3% | 25.1% | 28.6% | 29.3% | - |
| Premier Synthetics ($PREMSYN) | - | - | - | 25.9% | - |
| |
|---|
| Median (86 companies) | 6.5% | 9.5% | 9.5% | 6.9% | 8.7% |
|---|
| Pbm Polytex ($PBMPOLY) | 4.8% | 14.5% | 16.2% | 10.8% | - |
Top companies by CAPEX/Revenue, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Nitin Spinners ($NITINSPIN) | 1.9% | 2.6% | 8.0% | 42.3% | 4.7% |
| Maharaja Shree Umaid Mills ($MAHASHR) | 18.6% | 24.1% | 6.8% | 16.8% | - |
| Jindal Worldwide ($JINDWORLD) | 3.0% | 10.5% | 20.7% | 11.6% | 2.2% |
| SRF ($SRF) | 0.0% | 18.7% | 20.0% | 11.4% | 13.0% |
| Welspun India ($WELSPUNIND) | 5.6% | 7.8% | 16.4% | 10.9% | 17.7% |
| |
|---|
| Median (21 companies) | 3.4% | 5.6% | 6.8% | 6.7% | 4.7% |
|---|
Top companies by ROIC, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Welspun India ($WELSPUNIND) | 9.3% | 15.6% | 8.5% | 21.9% | 25.2% |
| Jindal Worldwide ($JINDWORLD) | 14.5% | 15.2% | 13.7% | 11.0% | 18.0% |
| Nitin Spinners ($NITINSPIN) | 6.0% | 19.5% | 21.5% | 17.5% | 17.8% |
| Sangam (India) ($SANGAMIND) | 9.8% | 14.7% | 12.2% | 12.8% | 15.0% |
| Sutlej Textiles & Industries ($SUTLEJTEX) | 9.5% | 13.6% | 19.8% | 14.6% | 14.4% |
| |
|---|
| Median (106 companies) | 3.5% | 8.9% | 8.9% | 9.5% | 11.5% |
|---|
| Pbm Polytex ($PBMPOLY) | 3.6% | 22.1% | - | - | - |
Top companies by Net Debt / EBITDA
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Jaybharat Textiles & Real Estate ($JAYTEX) | 10.9x | 53.6x | 23.8x | - | 247.8x |
| Bombay Rayon Fashions ($BRFL) | 4.9x | 4.9x | 11.6x | 10.0x | 7.3x |
| Filatex India ($FILATEX) | 8.0x | 6.5x | 0.0x | 0.0x | 4.9x |
| Raymond ($RAYMOND) | 3.7x | 4.6x | 3.7x | 4.1x | 4.5x |
| Nahar Spinning Mills ($NAHARSPING) | 70.8x | 3.8x | 3.2x | 4.9x | 4.0x |
| |
|---|
| Median (60 companies) | 3.8x | 3.2x | 0.0x | 0.0x | 0.0x |
|---|
