Sunday 20 November 2022

Polyplex Corp Update

I may have purchased at high PE of 12.75 considering the 10-year PE median is 6.75.

Buy Date: 28-Jun-2022

Qty: 4    Price: 2,311    EPS: 181.79    PE: 12.75

The reason for adding is EPS has increased from 181.19 to 211.29

Buy Date: 21-Nov-2022
Qty:5    Price: 1,845.9    EPS: 211.29    PE: 8.73

ROE is 18.87 and 5-year ROE is 12.66
Debt/Equity is 0.25
5-year EPS growth is 21.22

Polyplex Corp is an India-based company engaged in the manufacturing of plastic films. The company diversified its business under Polyethylene Terephthalate films. Cast Polypropylene films, and Biaxially Oriented Polypropylene. These products act as raw materials for their product applications like packaging, industrial, and specialties, electrical, roofing, and others. Geographically, it derives a majority of its revenue from Outside India.

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