Gagan Polycot India revenue growth decelerated from 43.2% in FY2015 to 10.5% in FY2016
01-06-2016 • About Gagan Polycot India (
$GAGANPO) • By InTwits
Gagan Polycot India reported FY2016 financial results today. Overall the company's long term financial model is characterised by the following facts: EBITDA Margin is relatively stable: in FY2016 vs. in FY2015 vs. 0.3% in FY2012.
Below you can find a comprehensive analysis of the key data driving the company's performance and the stock price.
Revenue and profitability
The company's Revenue surged on 10.5%.
Net Income margin showed almost no change in FY2016.
Financial and operational results
Gagan Polycot India ($GAGANPO) key annual financial indicators| mln. INR | 2012 | 2013 | 2014 | 2015 | 2016 | 2016/2015 |
|---|
P&L
|
|---|
| Revenue | 373 | 658 | 777 | 1,113 | 1,230 | 10.5% |
| EBITDA | 1 | | 9 | | | |
| Net Income | 0 | 3 | 2 | 2 | 8 | 383.1% |
Balance Sheet
|
|---|
| Cash | | | 1 | | | |
| Short Term Debt | | | 0 | | | |
| Long Term Debt | | | 0 | | | |
Cash flow
|
|---|
Ratios
|
|---|
| Revenue growth | -59.4% | 76.3% | 18.2% | 43.2% | 10.5% | |
| EBITDA growth | 718.1% | | | | | |
|
|---|
| EBITDA Margin | 0.3% | | 1.1% | | |
| Net Income Margin | 0.0% | 0.4% | 0.2% | 0.1% | 0.6% | 0.5% |
|
|---|
| Net Debt/EBITDA | 0.0x | | -0.1x | | |
Peers in Comm.Trading & Distribution
Below we provide Gagan Polycot India benchmarking against other companies in Comm.Trading & Distribution 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 |
|---|
| Sakuma Exports ($SAKUMA) | - | -18.3% | 97.4% | 14.0% | 74.1% |
| Indiabulls Wholesale Services ($IBWSL) | - | 103.2% | 61.4% | -25.3% | 48.4% |
| Sunil Industries ($SUNILTX) | - | 57.2% | 12.1% | 59.6% | 19.3% |
| Vadilal Enterprises ($VADILENT) | - | 8.4% | 14.7% | 14.2% | 16.4% |
| Competent Automobiles Co ($COMPEAU) | - | 13.8% | 0.2% | 14.4% | 12.9% |
| |
|---|
| Median (21 companies) | - | 12.6% | 13.4% | 11.8% | -6.9% |
|---|
| Gagan Polycot India ($GAGANPO) | - | 76.3% | 18.2% | 43.2% | 10.5% |
Top companies by EBITDA margin, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Hexa Tradex ($HEXATRADEX) | - | - | - | 48.1% | - |
| Indiabulls Wholesale Services ($IBWSL) | 30.8% | 25.9% | 19.4% | 21.4% | 27.6% |
| Bombay Cycle & Motor Agency ($BOMBCYC) | - | - | - | 19.5% | - |
| Ptl Enterprises ($PTL) | 26.6% | 22.7% | 21.6% | 18.5% | 20.9% |
| Remi Elektrotechnik ($REMIELEK) | - | - | - | 15.1% | 11.5% |
| |
|---|
| Median (39 companies) | 2.9% | 2.7% | 2.2% | 2.4% | 2.1% |
|---|
Top companies by CAPEX/Revenue, %
| Top | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Ptl Enterprises ($PTL) | 5.0% | 4.5% | 2.4% | 4.2% | 5.8% |
| Mmtc ($MMTC) | 0.0% | 0.1% | 0.1% | 0.1% | 0.2% |
| Redington (India) ($REDINGTON) | 0.2% | 0.7% | 0.2% | 0.2% | 0.2% |
| Kothari Products ($KOTHARIPRO) | 2.5% | 0.1% | 0.2% | 0.0% | 0.1% |
| |
|---|
| Median (4 companies) | 0.3% | 0.1% | 0.2% | 0.2% | 0.2% |
|---|
Top companies by ROIC, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Redington (India) ($REDINGTON) | 17.2% | 16.0% | 16.3% | 15.3% | 14.4% |
| Ptl Enterprises ($PTL) | 18.5% | 19.5% | 21.1% | 22.1% | 12.8% |
| Kothari Products ($KOTHARIPRO) | 23.4% | 20.0% | 28.3% | 10.6% | 11.7% |
| Maxwell Industries ($MAXWELL) | 9.0% | 6.6% | 9.6% | 11.2% | -2.6% |
| Mmtc ($MMTC) | 0.7% | 1.6% | 9.7% | -1.2% | -7.2% |
| |
|---|
| Median (48 companies) | 4.7% | 4.7% | 9.6% | 11.2% | 11.7% |
|---|
| Gagan Polycot India ($GAGANPO) | - | - | - | - | - |
Top companies by Net Debt / EBITDA
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Maxwell Industries ($MAXWELL) | 3.7x | 5.8x | 3.5x | 3.3x | - |
| Redington (India) ($REDINGTON) | 2.6x | 2.6x | 1.7x | 1.9x | 2.3x |
| Kothari Products ($KOTHARIPRO) | 1.2x | 0.6x | 0.4x | 1.4x | 1.5x |
| Ptl Enterprises ($PTL) | 2.2x | 2.0x | 2.0x | 1.2x | 0.5x |
| Hexa Tradex ($HEXATRADEX) | - | 1.0x | 0.8x | 0.0x | - |
| |
|---|
| Median (31 companies) | 2.0x | 1.7x | 0.0x | 0.0x | 0.0x |
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