Polymatech Electronics Unlisted Share Price - Buy/Sell Online
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Unlisted Shares

Polymatech Electronics Essentials

As of June 7, 2024, Planify reported that Polymatech Electronics share price is ₹770 per equity share, with an estimated market capitalization of ₹6649 Cr. The 52-week high for Polymatech shares is ₹1025, while the 52-week low is ₹475. The lot size for Polymatech Electronics is 100 shares. Polymatech Limited filed its Draft Red Herring Prospectus (DRHP) for the Initial Public Offering (IPO) on October 4, 2023.

Polymatech Electronics Limited was formed in 2007 as a foreign company owned and promoted by foreign shareholders, namely Polymatech Co. LTD., Japan, and Polymatech Malaysia SDN. BHD., Malaysia. It is India’s first opto-semiconductor chip manufacturer, beginning with opto-semiconductor chip production in 2019 using the latest European and Japanese technologies.

ISIN

INE0OLN01011

Face Value

₹ 10

Total Share

7,96,87,775

Total Income

₹ 649.02 undefined

Profit After Tax

₹ ****

EPS

₹ ****

P/E

****

P/B

****

Market Capitalisation

₹ 6,135.96 Cr

Enterprise Value

₹ ****

Book Value

₹ 26.92

Intrinsic Value

₹ ****

Earnings Yield

3.38 %

Sector

Industrials

Sub-sector

Electrical Components & Equipments

Category

Pre IPO

Cashflow - Operations

46.22

Cashflow - Financing

75.46

Polymatech Electronics Growth

Compounded Sales Growth

1 Year

3 Year

6 Year

Compounded Profit Growth

1 Year

Return On Equity

2018

2021

2023

Highlights

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India’s first opto-semiconductor chips manufacturer: The company enjoys first mover advantage and benefit from high barriers for entry into market due to the low availability of technology and machinery required to manufacture opto-semiconductors in India.

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Revenue Growth: The company has witnessed a significant increase in revenue, escalating from ₹125.9 crore in FY22 to ₹649.0 crore in FY23, reflecting a growth rate of 415.6%. Historically, the company has achieved a CAGR growth of 1047.09% in 3 years.

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Working Capital Woes: Working capital management challenges were evident as trade receivables increased from ₹26 Crore in FY22 to ₹133 Crore in FY23, maintaining a debtor days figure of 75 days in FY23 (unchanged from FY22). Conversely, trade payables remained relatively stable, rising from ₹15 Crore in FY22 to ₹20 Crore and reflecting creditor days of 16 days in FY23 (compared to 67 days in FY22).

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Exceptional Profitability Ratios and Margins: The ROE of the company stands to be at 86.7% in FY23 vs 66.14% in FY22 and PAT margin stands at 25.9% in FY23 vs 27.2% in FY22.

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Investment Thesis: Polymatech's worldwide reach and robust net margins indicate investment potential, yet concerns arise from inadequate working capital management, limited customer diversification, and a lack of financial transparency (meagre power & fuel expenses as compared to production and revenue recognized salaries mentioned in financial statements, compliance with Rule 9A of (Preferential and allotment of securities) Rules, 2014 and companies act 2013. Prospective investors should approach with caution, considering risks such as foggy financials and heightened competition that could potentially result in margin reductions.

Business Rating

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Managment

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Accounting Practice

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Profatibility

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Solvency

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Growth

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Overall Ratings

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Recommendation

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Our Team

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Eswara Rao Nandam

( Managing Director )

Quantity

Invest

, Min. Investment: ₹