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Prima Plastics

Discussion in 'Fundamental Analysis' started by myidgmc, Nov 21, 2015.

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  1. myidgmc

    myidgmc Member

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    hi shabbir,

    Can you give suggestion on Prima Plastics stock.i can hold it for 1-3 years.

    Mar 10 Mar 11 Mar 12 Mar 13 Mar 14 Mar 15
    Sales 56.84 66.95 69.41 87.41 102.46 118.16
    Expenses 49.62 60.41 62.32 81.45 88.61 104.37
    Operating Profit 7.22 6.54 7.09 5.96 13.85 13.79
    OPM 12.70 9.77 10.21 6.82 13.52 11.67
    Other Income 0.63 0.52 0.91 4.47 0.72 0.55
    Interest 0.58 0.71 1.08 1.27 1.26 1.15
    Depreciation 2.09 2.03 1.97 2.73 3.33 2.82
    Profit before tax 5.19 4.32 4.95 6.43 9.97 10.38
    Tax 0.93 1.46 1.00 1.35 2.37 3.69
    Net Profit 4.26 2.86 3.95 5.08 7.60 6.70


    Thanks,
    Ram
     
    myidgmc, Nov 21, 2015
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  2. shabbir

    shabbir Administrator Staff Member

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    Ram, this is one of those good stocks that you can hold even for longer but I am not sure about the management.

    Business is all good and it all looks ok to me apart from the fact that it is too small cap and only asset of 45Cr in all.

    In the same industry I prefer Hitech Plast which is again a small cap and low floater but has a solid management behind it.
     
    shabbir, Nov 23, 2015
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