Jindal Poly Films Ltd.
Snapshot View

1051.00 -8.70 ▼-0.8%

23 July 2021, 04:00:00 P.M.
Volume: 43,727

Overview View Details

Sector Plastic Products Compare with Sector peers
Industry Plastic Products Compare with Industry peers
Website http://www.jindalpoly.com
Financial Indicators
Market Cap 4,624.50 Cr.
Earnings per share (EPS) 180.62 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 5.85 Trailing Twelve Months Ending 2021-03
Industry PE 44.55 Trailing Twelve Months Ending 2021-03
Book Value / Share 603.34 Trailing Twelve Months Ending 2021-03
Price to Book Value 1.75 Calculated using Price: 1,056.15
Dividend Yield 0.09 Period Ending 2020-03
No. of Shares Subscribed 4.38 Cr. 43,786,413 Shares
FaceValue 10
Company Profile

Jindal Poly Films (JPFL) is a part of Rs 30 billion B C Jindal group, a 50-year old industrial group offering a wide range of products. The group has promoted a number of companies over the years and is involved in diverse activities including manufacturing of polyester film, polypropylene film, steel pipes and photographic products.

JPFL is the largest manufacturer of BOPET and BOPP films in India. The company produces BOPET film, BOPP film, metalized BOPET film and BOPP film, coated BOPET and BOPP films, polyester chips (for captive consumption in the BOPET film)

From being only a polyester yarn producer in 1985, JPFL diversified in 1996 into BOPET film production. In 2003, JPFL commenced production of BOPP film and metallised film. JPFL commenced production of coated film products by July 2005. JPFL capabilities were strengthened by the acquisition in November 2003 of Rexor SAS, in France, which produces metallised and coated films as well as tear tape, stamping foil, security thread and other high-value products. JPFL plant at Nasik, Maharashtra is the world’s largest single location plant for the manufacture of BOPET and BOPP films.

The company is the world's 5th largest BOPET Film manufacturers in the world. It is in the league of top five producers of BOPP Films in the world after the expansion.

Rexor makes and sells a broad range of metallised and coated BOPET films for preserving food products and is a market leading producer of “tear tape” for easy opening of cheese portions and laminated films used in the packaging of luxury products such as cosmetics and perfumes. It is the leading independent producer of security threads for bank notes. The company also produces film for decoration, insulation, aeronautics and sun protection. It holds proprietary technologies for laser demetallisation of security threads and other bank note security applications and for slitting films into widths as short as 0.20 millimeters.

In 2012 Jindal Poly Films entered into an agreement with ExxonMobil Chemical (ExxonMobil) to purchase ExxonMobil's BOPP Global Film business.

Products:

1. PET Films

Polyester film commonly known as PET film is a versatile film, which has a vast range of applications. The film provides a strong barrier to moisture, odour and gases making it suitable for use in flexible packaging. Its high tensile strength, thermal and chemical stability makes it suitable for a multitude of applications in electric insulation, office supplies, graphic arts, magnetic media imaging, metallic yarn and industrial applications.

2. BOPP Films

Polypropylene film commonly known as BOPP is widely used for food packaging, textile bags, overwraps for cigarette and personal products, adhesive tapes and labels. BOPP film possesses dimensional stability, high tensile strength, good stiffness, high clarity, excellent printability and most importantly, heat sealability.

3. Metalized Films 

JPFL has four wide width metallizers with plasma treatment facilities for enhanced shelf life and barrier properties. Two more metallizers of 2850 mm width are being installed by Jan & March 2008.

4. Coated Films 

As a part of the forward integration of BOPP and PET Films, JPFL installed two coating lines for manufacturing of entire range of specialty coated films like PVdC, Acrylic, Low Temperature Seal and High Seal Integrity coatings.  

5. Poly Chips

Jindal Group stands for the highest Polyester films, polyester chips and resins production facilities, with plants located at Nasik to cater to captive consumption.

Milestones:

  • 1985 Commenced manufacturing of POY at Gulahoti, Bulandshahar, UP.
  • 1992 Backward integration into manufacturing of polyester chips for captive consumption
  • 1996 Diversified into manufacturing BOPET films at Nasik.
  • 2000 Installed a new thick BOPET film manufacturing facility 
  • 2003 Diversified into manufacturing BOPP and metallised films at Nasik. Acquired Rexor, France in November 2003 for Euro 8.5 million 
  • 2005 Started second 8.7 meters width BOPET films line with a capacity of 25000 tonnes per annum. Started 5 Layer 8.2 meters width BOPP films line with a capacity of 32000 tonnes per annum.
  • 2006 Started second 8.2 meters width BOPP films with a capacity of 45000 tonnes per annum.
  • 2007 Started 3rd 8.2 meters width BOPP line with a capacity of 45000 tonnes per annum.
  • 2009 Started two 8.7 mtrs width BOPP lines with a capacity of 45000 tpa each.
  • 2010 Started 3rd 8.7 mtrs BOPET line with a capacity of 30000 tpa.
  • 2013-Acquired the BOPP films business from Exxon Mobil, with 3 manufacturing plants in Europe and 2 plants in the US, along with an R & D centre and more than 300 registered patents.
    -Approved the entering of Sale Purchase Agreements relating to the acquisition of Global BOPP Films Business of ExxonMobile Chemical.
  • 2014-Demerged it’s Investments in separate investments company, Jindal Poly Investments and Finance Company Ltd.
  • 2015-Received BRC certification
    -Demerged the manufacturing business of Jindal Photo (5.9 shares of Jindal Photo exchanged for 1 share of JPFL) 14000 MTPA coater plant being commissioned at Nashik.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.82%
1 Week
+4.97%
1 Month
+16.79%
3 Month
+38.39%
6 Month
+142.45%
1 Year
+183.44%
2 Year
+339.38%
5 Year
+138.27%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 8.41 0.58 4.89 10.86 22.72 11.74 5.75 -17.29 23.77
Return on Capital Employed (%) 9.60 2.88 9.52 9.43 18.93 11.56 10.27 -5.55 17.72
Return on Assets (%) 4.83 0.32 1.79 3.28 7.27 3.94 2.43 -9.07 10.90

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 1,719 1,128 1,676 1,775 2,216 2,366 2,477 2,257 1,854
Non Curr. Liab. 419 367 1,498 1,954 1,931 1,844 1,064 1,421 1,522
Curr. Liab. 919 566 2,014 1,614 1,821 2,059 899 902 1,007
Minority Int. 425 468 699 727
Equity & Liab. 3,057 2,061 5,613 5,812 6,668 6,996 4,439 4,581 4,384
Non Curr. Assets 1,782 1,311 3,160 3,434 4,077 4,198 3,153 3,143 2,626
Curr. Assets 1,275 749 2,453 2,378 2,591 2,798 1,286 1,438 1,758
Misc. Exp. not W/O
Total Assets 3,057 2,061 5,613 5,812 6,668 6,996 4,439 4,581 4,384

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 2,364 2,232 5,143 7,557 7,225 7,015 6,448 3,623 3,533
Other Income 19 24 27 14 17 84 75 68 74
Total Income 2,383 2,256 5,170 7,571 7,242 7,099 6,523 3,691 3,606
Total Expenditure -2,014 -2,088 -4,720 -6,901 -6,271 -6,344 -5,830 -3,174 -2,861
PBIDT 369 167 450 671 971 755 693 517 745
Interest -29 -40 -126 -91 -106 -111 -121 -50 -62
Depreciation -88 -89 -188 -229 -240 -285 -255 -104 -118
Taxation -39 -9 -41 -46 -181 -116 -146 -168 -39
Exceptional Items -71 -22 -27 -117 9 25 -31 -605 -38
PAT 141 8 69 187 453 269 139 -409 489

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 290 88 226 145 619 503 739 499 369
Cash Fr. Inv. -234 -88 -1,401 -391 -646 -457 -1,349 -548 -415
Cash Fr. Finan. -63 -7 1,290 214 22 -63 702 38 277
Net Change -7 -7 115 -32 -5 -17 92 -10 231
Cash & Cash Eqvt 16 7 122 100 92 75 32 22 251

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 74.55 74.55 74.55 74.55 74.55 74.55 74.55 74.55 74.55
Public 25.45 25.45 25.45 25.45 25.45 25.45 25.45 25.45 25.45
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Mon, 19 Jul 2021
Shareholding for the Period Ended June 30 2021
Jindal Poly Films Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Thu, 08 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Compliance Certificate under Reg.74(5)
Thu, 08 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0770
Name of the Signatory :- Sanjeev Kumar
Designation :- Company Secretary and Compliance Officer

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Close Within 2 Year High Zone Close Within 2 Year High Zone

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