GREENPLY INDUSTRIES has announced its results for the year ended March 2021. Let us have a look at the detailed performance review of the company during FY20-21.
No. of Mths Year Ending | 12 Mar-20* | 12 Mar-21* | % Change | |
---|---|---|---|---|
Net Sales | Rs m | 14,204 | 11,653 | -18.0% |
Other income | Rs m | 20 | 84 | 311.2% |
Total Revenues | Rs m | 14,225 | 11,737 | -17.5% |
Gross profit | Rs m | 1,057 | 1,151 | 8.9% |
Depreciation | Rs m | 257 | 231 | -10.3% |
Interest | Rs m | 208 | 167 | -19.9% |
Profit before tax | Rs m | 612 | 837 | 36.9% |
Tax | Rs m | 134 | 205 | 52.3% |
Profit after tax | Rs m | 477 | 633 | 32.5% |
Gross profit margin | % | 7.4 | 9.9 | |
Effective tax rate | % | 22.0 | 24.4 | |
Net profit margin | % | 3.4 | 5.4 |
Download Now: 7 Unstoppable Growth Engines of India's $10 Trillion Bull Run...
No. of Mths Year Ending | 12 Mar-20* | 12 Mar-21* | % Change | |
---|---|---|---|---|
Networth | Rs m | 3,779 | 4,362 | 15.4 |
Current Liabilities | Rs m | 5,119 | 3,923 | -23.4 |
Long-term Debt | Rs m | 581 | 721 | 24.1 |
Total Liabilities | Rs m | 9,517 | 9,087 | -4.5 |
Current assets | Rs m | 5,815 | 5,419 | -6.8 |
Fixed Assets | Rs m | 3,702 | 3,668 | -0.9 |
Total Assets | Rs m | 9,517 | 9,087 | -4.5 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Mar-20 | Mar-21 | ||
Cash Flow from Operating Activities | Rs m | 576 | 2,278 | 295.2% |
Cash Flow from Investing Activities | Rs m | -572 | -1,247 | - |
Cash Flow from Financing Activities | Rs m | -190 | -922 | - |
Net Cash Flow | Rs m | -198 | 118 | - |
No. of Mths Year Ending | 12 Mar-20* | 12 Mar-21* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 115.8 | 95.0 |
TTM Earnings per share | Rs | 3.9 | 5.2 |
Diluted earnings per share | Rs | 3.9 | 5.2 |
Price to Cash Flow | x | 13.6 | 19.7 |
TTM P/E ratio | x | 20.9 | 32.9 |
Price / Book Value ratio | x | 4.3 | 3.9 |
Market Cap | Rs m | 16,276 | 17,018 |
Dividends per share (Unadj.) | Rs | 0.4 | 0.4 |
Current Ratio: The company's current ratio improved and stood at 1.4x during FY21, from 1.1x during FY20. The current ratio measures the company's ability to pay short-term and long-term obligations.
Interest Coverage Ratio: The company's interest coverage ratio improved and stood at 6.0x during FY21, from 3.9x during FY20. The interest coverage ratio of a company states how easily a company can pay its interest expense on outstanding debt. A higher ratio is preferable.
Return on Equity (ROE): The ROE for the company improved and stood at 14.5% during FY21, from 12.6% during FY21. The ROE measures the ability of a firm to generate profits from its shareholders capital in the company.
Return on Capital Employed (ROCE): The ROCE for the company improved and stood at 19.8% during FY21, from 18.8% during FY20. The ROCE measures the ability of a firm to generate profits from its total capital (shareholder capital plus debt capital) employed in the company.
Return on Assets (ROA): The ROA of the company improved and stood at 8.8% during FY21, from 7.2% during FY20. The ROA measures how efficiently the company uses its assets to generate earnings.
No. of Mths Year Ending | 12 Mar-20* | 12 Mar-21* | |
---|---|---|---|
Current ratio | x | 1.1 | 1.4 |
Debtors’ Days | Days | 916 | 607 |
Interest coverage | x | 3.9 | 6.0 |
Debt to equity ratio | x | 0.2 | 0.2 |
Return on assets | % | 7.2 | 8.8 |
Return on equity | % | 12.6 | 14.5 |
Return on capital employed | % | 18.8 | 19.8 |
To see how GREENPLY INDUSTRIES has performed over the last 5 years, please visit here.
Over the last one year, GREENPLY INDUSTRIES share price has moved up from Rs 81.4 to Rs 169.3, registering a gain of Rs 88.0 or around 108.1%.
Overall, the S&P BSE SENSEX is up 74.1% over the year.
(To know more, check out historical annual results for GREENPLY INDUSTRIES and quarterly results for GREENPLY INDUSTRIES)
GREENPLY INDUSTRIES currently trades at Rs 263.7 per share. You can check out the latest share price performance of GREENPLY INDUSTRIES here...
The revenues of GREENPLY INDUSTRIES stood at Rs 11,737 m in FY21, which was down -17.5% compared to Rs 14,225 m reported in FY20.
GREENPLY INDUSTRIES' revenue has fallen from Rs 15,578 m in FY17 to Rs 11,737 m in FY21.
Over the past 5 years, the revenue of GREENPLY INDUSTRIES has grown at a CAGR of -6.8%.
The net profit of GREENPLY INDUSTRIES stood at Rs 633 m in FY21, which was up 32.5% compared to Rs 477 m reported in FY20.
This compares to a net profit of Rs 747 m in FY19 and a net profit of Rs 1,182 m in FY18.
Over the past 5 years, GREENPLY INDUSTRIES net profit has grown at a CAGR of -15.3%.
The cash flow statement is the financial statement that presents the cash inflows and outflows of a company during a given period of time.
This statement is one of the most useful tools for judging a company's liquidity position. The ratios and parameters in this statement helps test a company's financial health.
The cash flow statement of GREENPLY INDUSTRIES reveals:
Here's the cash flow statement of GREENPLY INDUSTRIES for the past 5 years.
(Rs m) | FY17 | FY18 | FY19 | FY20 | FY21 |
---|---|---|---|---|---|
From Operations | 2,120 | 1,134 | 978 | 576 | 2,278 |
From Investments | -3,628 | -3,280 | -840 | -572 | -1,247 |
From Financial Activity | 1,896 | 1,644 | -276 | -190 | -922 |
Net Cashflow | 387 | -502 | -188 | -198 | 118 |
Be it the company's profitability, operations effectiveness or utilization of funds, ratio analysis is an important tool which helps in making investment decisions.
The ratio/financial analysis of GREENPLY INDUSTRIES reveals:
Here's the ratio/financial analysis of GREENPLY INDUSTRIES for the past 5 years.
FY17 | FY18 | FY19 | FY20 | FY21 | |
---|---|---|---|---|---|
Operating Profit Margin (%) | 15.8 | 13.7 | 10.1 | 7.4 | 9.9 |
Net Profit Margin (%) | 7.9 | 7.0 | 5.3 | 3.4 | 5.4 |
Debt to Equity Ratio (x) | 0.3 | 0.6 | 0.2 | 0.2 | 0.2 |
Read: Latest Annual Report Analysis of GREENPLY INDUSTRIES
Equitymaster requests your view! Post a comment on "GREENPLY INDUSTRIES 2020-21 Annual Report Analysis". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!