Income Statement Polyram Plastic Industries Ltd

Stocks

POLP

IL0011702169

Commodity Chemicals

Market Closed - TEL AVIV STOCK EXCHANGE 10:24:12 2026-09-24 EDT			5-day change	1st Jan Change
792.30 ^ILa	-0.68%		-1.99%	-22.25%

08-18	Polyram Plastic Industries Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
05-27	Polyram Plastic Industries Ltd Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

7d9bb95567cc898e20526821f318c4.HYRi0A6ez3bAJWvs9OVTL_verDCsznFvu3jZjrnl8wc.cf0tk0DBu0eWQROmmtMySbC6lVj2i0M10AivudCEv2or7wq4Xdi3E4lfHA

Published financial data: POLYRAM PLASTIC INDUSTRIES LTD

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (ILS)	2022 (ILS)	2023 (ILS)	2024 (ILS)	2025 (ILS)
Revenues	907M	1.1B	1B	1B	926M
Total Revenues	907M	1.1B	1B	1B	926M
Cost of Goods Sold, Total	706M	904M	806M	787M	745M
Gross Profit	201M	201M	195M	214M	180M
Selling General & Admin Expenses, Total	58.15M	66.73M	76.75M	80.82M	84.79M
R&D Expenses	3.15M	2.66M	3.84M	4.7M	3.19M
Other Operating Expenses	-11K	-	-50K	-	-2K
Other Operating Expenses, Total	61.28M	69.4M	80.54M	85.52M	87.97M
Operating Income	139M	131M	114M	129M	92.33M
Interest Expense, Total	-7.32M	-12.27M	-16.66M	-15.89M	-17.82M
Interest And Investment Income	137K	3.02M	3.23M	4.4M	2.06M
Net Interest Expenses	-7.19M	-9.25M	-13.43M	-11.48M	-15.76M
Currency Exchange Gains (Loss)	-11.87M	1.59M	-6.09M	-12.72M	-17.92M
Other Non Operating Income (Expenses)	-2.31M	-3.65M	62K	-1.74M	243K
EBT, Excl. Unusual Items	118M	120M	94.75M	103M	58.89M
Merger & Related Restructuring Charges	-	-2.59M	-	-	-3.1M
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Other Unusual Items	-	-	-	-	3.06M
EBT, Incl. Unusual Items	118M	117M	94.75M	103M	58.85M
Income Tax Expense	18.07M	13.1M	9.65M	10.99M	9.33M
Earnings From Continuing Operations	100M	104M	85.1M	91.63M	49.52M
Net Income to Company	100M	104M	85.1M	91.63M	49.52M
Minority Interest	-2.88M	-3.49M	-3.43M	-2.44M	-1.14M
Net Income - (IS)	97.15M	101M	81.68M	89.19M	48.38M
Net Income to Common Incl Extra Items	97.15M	101M	81.68M	89.19M	48.38M
Net Income to Common Excl. Extra Items	97.15M	101M	81.68M	89.19M	48.38M
Per Share Items
Net EPS - Basic	0.97	0.95	0.77	0.86	0.46
Basic EPS - Continuing Operations	0.97	0.95	0.77	0.86	0.46
Basic Weighted Average Shares Outstanding	100M	106M	106M	104M	105M
Net EPS - Diluted	0.95	0.91	0.74	0.83	0.45
Diluted EPS - Continuing Operations	0.95	0.91	0.74	0.83	0.45
Diluted Weighted Average Shares Outstanding	102M	111M	110M	107M	108M
Normalized Basic EPS	0.71	0.67	0.53	0.59	0.34
Normalized Diluted EPS	0.69	0.65	0.51	0.57	0.33
Dividend Per Share	0.69	0.39	0.54	0.37	-
Payout Ratio	72.05	49.69	51.42	65.03	62.02
Supplemental Items
EBITDA	156M	154M	138M	155M	117M
EBITA	142M	135M	118M	132M	94.27M
EBIT	139M	131M	114M	129M	92.33M
EBITDAR	157M	156M	139M	157M	120M
Effective Tax Rate - (Ratio)	15.3	11.18	10.18	10.71	15.86
Total Current Taxes	15.53M	16.41M	12.68M	11.02M	10.58M
Total Deferred Taxes	2.54M	-4.33M	-1.06M	875K	-1.6M
Normalized Net Income	70.93M	71.4M	55.79M	61.7M	35.66M
Interest on Long-Term Debt	3.52M	3.84M	3.98M	4.53M	5.18M
Non-Cash Pension Expense	-	-	-	5.76M	-
Supplemental Operating Expense Items
Marketing Expenses	3.25M	4.53M	5.76M	6.02M	6.75M
Selling and Marketing Expenses	39.37M	46.03M	54.34M	57.89M	59.14M
General and Administrative Expenses	18.64M	20.55M	21.7M	22.14M	24.94M
Research And Development Expense From Footnotes	3.15M	2.66M	3.84M	4.7M	3.19M
Net Rental Expense, Total	277K	2.25M	715K	2.03M	2.81M
Imputed Operating Lease Interest Expense	52.64K	552K	277K	813K	991K
Imputed Operating Lease Depreciation	224K	1.7M	438K	1.21M	1.82M
Maintenance & Repair Expenses, Total	5.42M	4.78M	4.53M	5.69M	6.05M
Stock-Based Comp., Other (Total)	161K	2.56M	3.19M	1.56M	212K
Total Stock-Based Compensation	161K	2.56M	3.19M	1.56M	212K

Fiscal Period: December	2021 (ILS)	2022 (ILS)	2023 (ILS)	2024 (ILS)	2025 (ILS)
Assets
Cash And Equivalents	22.12M	29.03M	49.14M	52.29M	38.28M
Total Cash And Short Term Investments	22.12M	29.03M	49.14M	52.29M	38.28M
Accounts Receivable, Total	213M	209M	166M	174M	177M
Other Receivables	-	-	2.75M	5.75M	5.72M
Total Receivables	213M	209M	169M	180M	182M
Inventory	297M	372M	257M	339M	337M
Prepaid Expenses	4.71M	5.38M	4.3M	5.62M	4.23M
Other Current Assets, Total	39.39M	24.82M	41.47M	36.92M	30.83M
Total Current Assets	576M	640M	521M	613M	593M
Gross Property Plant And Equipment	236M	299M	339M	383M	483M
Accumulated Depreciation	-60.99M	-80.7M	-101M	-124M	-142M
Net Property Plant And Equipment	176M	219M	238M	259M	341M
Goodwill	209M	270M	274M	270M	284M
Other Intangibles, Total	6.66M	15.7M	13.89M	10.52M	30.2M
Other Long-Term Assets, Total	5.94M	4.25M	-	-	10.42M
Total Assets	973M	1.15B	1.05B	1.15B	1.26B
Liabilities
Accounts Payable, Total	102M	82.13M	82.34M	99.34M	72.8M
Accrued Expenses, Total	20.22M	17.97M	21.02M	19M	18.68M
Short-term Borrowings	232M	211M	84.5M	198M	260M
Current Portion of Long-Term Debt	36.14M	30.88M	21.68M	18.08M	13.2M
Current Portion of Leases	8.15M	10.74M	9.53M	12.04M	16.89M
Other Current Liabilities	4.01M	12.2M	28.67M	9.4M	19.48M
Total Current Liabilities	402M	365M	248M	356M	401M
Long-Term Debt	38.04M	91.92M	75.23M	53.68M	40.96M
Long-Term Leases	65.58M	75.66M	77.83M	82.68M	113M
Pension & Other Post Retirement Benefits	1.38M	450K	310K	133K	1.25M
Deferred Tax Liability Non Current	19.86M	15.51M	14M	14.88M	20.78M
Other Non Current Liabilities	5.75M	6.11M	7.88M	-	77.29M
Total Liabilities	533M	555M	423M	507M	654M
Additional Paid In Capital	278M	371M	372M	360M	286M
Retained Earnings	156M	207M	229M	278M	296M
Comprehensive Income and Other	-2.96M	3.54M	8.32M	8.12M	-2.79M
Total Common Equity	430M	581M	609M	646M	579M
Minority Interest	10M	12.7M	14.59M	-	25.06M
Total Equity	440M	594M	623M	646M	604M
Total Liabilities And Equity	973M	1.15B	1.05B	1.15B	1.26B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	100M	100M	107M	107M	107M
ECS Total Common Shares Outstanding	100M	100M	107M	107M	107M
Book Value / Share	4.3	5.81	5.7	6.05	5.42
Tangible Book Value	214M	296M	321M	365M	265M
Tangible Book Value Per Share	2.14	2.96	3	3.42	2.48
Total Debt	380M	420M	269M	364M	444M
Net Debt	358M	391M	220M	312M	406M
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	-	133K	-
Debt Equivalent Oper. Leases	2.22M	18M	5.72M	16.21M	22.47M
Minority Interest, Total (Incl. Fin. Div)	10M	12.7M	14.59M	-	25.06M
Account Code - Inventory Valuation	6	6	6	-	6
Inventories - Raw Materials, Total	149M	195M	106M	161M	164M
Inventories - Finished Goods, Total	153M	181M	154M	180M	175M
Machinery, Total	154M	203M	241M	268M	322M
Full Time Employees	341	372	379	429	503
Accumulated Allowance for Doubtful Accounts (Supple)	2.92M	2.32M	2.5M	2.32M	1.16M

Fiscal Period: December	2021 (ILS)	2022 (ILS)	2023 (ILS)	2024 (ILS)	2025 (ILS)
Net Income	97.15M	101M	81.68M	89.19M	48.38M
Depreciation & Amortization - CF	23.82M	30.59M	34.94M	35.66M	38.18M
Amortization of Goodwill and Intangible Assets - (CF)	2.29M	4.29M	3.44M	3.57M	1.94M
Depreciation & Amortization, Total	26.12M	34.88M	38.37M	39.24M	40.12M
(Gain) Loss From Sale Of Asset	-11K	-	-50K	-	-
(Gain) Loss on Sale of Investments - (CF)	-3.54M	4.93M	-6.31M	-4.8M	56K
Stock-Based Compensation (CF)	161K	2.56M	3.19M	1.56M	212K
Other Operating Activities, Total	9.4M	-22.78M	-15.46M	-1.57M	13.12M
Change In Accounts Receivable	-56.56M	8.1M	46.32M	-9.59M	19.86M
Change In Inventories	-130M	-52.92M	121M	-84.46M	291K
Change In Accounts Payable	21.98M	-24.29M	-3.32M	11.95M	-42.99M
Change in Other Net Operating Assets	-16.3M	21.79M	4.87M	-1.18M	21.44M
Cash from Operations	-51.41M	72.9M	270M	40.34M	100M
Capital Expenditure	-21.21M	-32.5M	-34.94M	-34.48M	-60.9M
Sale of Property, Plant, and Equipment	-	-	50K	-	-
Cash Acquisitions	-	-88.73M	-	-	-45.06M
Cash from Investing	-21.21M	-121M	-34.89M	-34.48M	-106M
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	177M	91.29M	-	113M	60.74M
Total Debt Issued	177M	91.29M	-	113M	60.74M
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-37.14M	-78.48M	-172M	-32.78M	-32.16M
Total Debt Repaid	-37.14M	-78.48M	-172M	-32.78M	-32.16M
Issuance of Common Stock	-	93.7M	-	-	-
Common Dividends Paid	-70M	-50M	-42M	-58M	-30M
Common & Preferred Stock Dividends Paid	-70M	-50M	-42M	-58M	-30M
Other Financing Activities, Total	-638K	-1.39M	-1.7M	-24.93M	-
Cash from Financing	69.64M	55.12M	-216M	-2.42M	-1.42M
Foreign Exchange Rate Adjustments	1.3M	120K	663K	-286K	-7.12M
Net Change in Cash	-1.68M	6.91M	20.11M	3.15M	-14.01M
Supplemental Items
Cash Interest Paid	7.32M	8.43M	12.68M	11.99M	15.03M
Cash Income Tax Paid (Refund)	14.62M	19.61M	10.72M	8.43M	5.21M
Levered Free Cash Flow	-85.16M	7.82M	227M	-16.52M	15.68M
Unlevered Free Cash Flow	-80.58M	15.49M	237M	-6.59M	26.82M
Change In Net Working Capital	173M	71.4M	-159M	93.26M	10.32M
Net Debt Issued / Repaid	140M	12.81M	-172M	80.51M	28.58M

Fiscal Period: December	2021 (ILS)	2022 (ILS)	2023 (ILS)	2024 (ILS)	2025 (ILS)
Profitability
Return on Assets	10.04	7.72	6.5	7.31	4.79
Return on Total Capital	11.87	8.94	7.49	8.45	5.61
Return On Equity %	23.47	20.13	13.98	14.43	7.92
Return on Common Equity	23.28	19.89	13.72	14.21	7.9
Margin Analysis
Gross Profit Margin %	22.13	18.16	19.46	21.38	19.48
SG&A Margin	6.41	6.04	7.67	8.07	9.16
EBITDA Margin %	17.24	13.91	13.82	15.53	12.66
EBITA Margin %	15.63	12.26	11.75	13.2	10.18
EBIT Margin %	15.37	11.87	11.41	12.84	9.98
Income From Continuing Operations Margin %	11.03	9.43	8.5	9.15	5.35
Net Income Margin %	10.71	9.11	8.16	8.91	5.23
Net Avail. For Common Margin %	10.71	9.11	8.16	8.91	5.23
Normalized Net Income Margin	7.82	6.46	5.57	6.16	3.85
Levered Free Cash Flow Margin	-9.39	0.71	22.65	-1.65	1.69
Unlevered Free Cash Flow Margin	-8.88	1.4	23.69	-0.66	2.9
Asset Turnover
Asset Turnover	1.04	1.04	0.91	0.91	0.77
Fixed Assets Turnover	5.24	5.6	4.38	4.03	3.08
Receivables Turnover (Average Receivables)	4.86	5.23	5.33	5.89	5.28
Inventory Turnover (Average Inventory)	3.02	2.7	2.56	2.64	2.21
Short Term Liquidity
Current Ratio	1.43	1.75	2.1	1.72	1.48
Quick Ratio	0.58	0.65	0.88	0.65	0.55
Operating Cash Flow to Current Liabilities	-0.13	0.2	1.09	0.11	0.25
Days Sales Outstanding (Average Receivables)	75.15	69.72	68.47	62.19	69.1
Days Outstanding Inventory (Average Inventory)	120.91	135	142.35	138.47	165.44
Average Days Payable Outstanding	38.83	34.31	43.42	38.27	42.25
Cash Conversion Cycle (Average Days)	157.23	170.41	167.4	162.39	192.29
Long Term Solvency
Total Debt/Equity	86.22	70.73	43.11	56.36	73.51
Total Debt / Total Capital	46.3	41.43	30.12	36.05	42.37
LT Debt/Equity	23.53	28.21	24.55	21.1	25.44
Long-Term Debt / Total Capital	12.63	16.52	17.15	13.49	14.66
Total Liabilities / Total Assets	54.75	48.28	40.42	43.96	52
EBIT / Interest Expense	19.04	10.69	6.86	8.09	5.18
EBITDA / Interest Expense	22.61	13.53	9.16	10.56	7.43
(EBITDA - Capex) / Interest Expense	19.71	10.88	7.06	8.39	4.01
Total Debt / EBITDA	2.29	2.53	1.76	2.17	3.35
Net Debt / EBITDA	2.16	2.36	1.44	1.86	3.06
Total Debt / (EBITDA - Capex)	2.63	3.15	2.28	2.73	6.21
Net Debt / (EBITDA - Capex)	2.48	2.93	1.87	2.34	5.67
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	38.54	21.75	-9.37	0.03	-7.55
Gross Profit, 1 Yr. Growth %	43.8	-0.11	-2.88	9.93	-15.78
EBITDA, 1 Yr. Growth %	53.68	-1.81	-9.92	12.38	-24.63
EBITA, 1 Yr. Growth %	60.62	-4.46	-13.13	12.32	-28.66
EBIT, 1 Yr. Growth %	62.82	-5.97	-12.91	12.57	-28.18
Earnings From Cont. Operations, 1 Yr. Growth %	58.77	4.09	-18.27	7.67	-45.96
Net Income, 1 Yr. Growth %	57.13	3.58	-18.84	9.2	-45.76
Normalized Net Income, 1 Yr. Growth %	56.12	0.65	-21.85	10.58	-42.2
Diluted EPS Before Extra, 1 Yr. Growth %	58.33	-4.21	-18.68	12.16	-45.78
Accounts Receivable, 1 Yr. Growth %	32.33	-1.69	-20.47	4.52	1.56
Inventory, 1 Yr. Growth %	73.37	25.28	-30.9	31.79	-0.49
Net Property, Plant and Equip., 1 Yr. Growth %	2.97	24.65	8.67	9.09	31.51
Total Assets, 1 Yr. Growth %	27.48	18.02	-8.9	10.22	9.12
Tangible Book Value, 1 Yr. Growth %	15.23	38.07	8.5	13.79	-27.57
Common Equity, 1 Yr. Growth %	6.49	35.07	4.73	6.15	-10.4
Cash From Operations, 1 Yr. Growth %	-148.25	-241.8	270.18	-85.05	149.09
Capital Expenditures, 1 Yr. Growth %	92.08	53.25	7.5	-1.32	76.61
Levered Free Cash Flow, 1 Yr. Growth %	-210.04	-109.19	2.8K	-107.29	-194.91
Unlevered Free Cash Flow, 1 Yr. Growth %	-198.76	-119.22	1.43K	-102.78	-506.89
Dividend Per Share, 1 Yr. Growth %	243.37	-42.67	37.93	-31.08	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	19.19	29.87	5.04	-4.79	-3.83
Gross Profit, 2 Yr. CAGR %	31.22	19.85	-1.5	3.32	-3.78
EBITDA, 2 Yr. CAGR %	31.89	17.89	-8.59	-3.23	-12.37
EBITA, 2 Yr. CAGR %	43.46	25.74	-8.15	0.38	-9.15
EBIT, 2 Yr. CAGR %	42.3	23.73	-9.5	-0.98	-10.09
Earnings From Cont. Operations, 2 Yr. CAGR %	55.96	28.56	-7.76	-6.19	-23.72
Net Income, 2 Yr. CAGR %	54.82	27.58	-8.31	-5.86	-23.04
Normalized Net Income, 2 Yr. CAGR %	54.94	25.36	-11.31	-7.04	-20.05
Diluted EPS Before Extra, 2 Yr. CAGR %	54.11	23.15	-11.74	-4.5	-22.02
Accounts Receivable, 2 Yr. CAGR %	18.83	14.06	-11.58	-8.82	3.03
Inventory, 2 Yr. CAGR %	23.97	47.38	-6.95	-4.57	14.52
Net Property, Plant and Equip., 2 Yr. CAGR %	1.79	13.29	16.38	8.88	19.78
Total Assets, 2 Yr. CAGR %	11.35	22.66	3.69	0.2	9.67
Tangible Book Value, 2 Yr. CAGR %	2.98	26.14	22.4	11.11	-9.22
Common Equity, 2 Yr. CAGR %	0.91	19.93	18.94	5.44	-2.48
Cash From Operations, 2 Yr. CAGR %	-30.11	-17.21	129.11	-25.62	-38.98
Capital Expenditures, 2 Yr. CAGR %	-10.15	71.56	28.36	2.99	32.01
Levered Free Cash Flow, 2 Yr. CAGR %	5.87	-68.21	63.16	45.33	-73.7
Unlevered Free Cash Flow, 2 Yr. CAGR %	-0.3	-56.43	71.53	-34.77	-66.37
Dividend Per Share, 2 Yr. CAGR %	-	40.3	-11.08	-2.5	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	12.52	20.04	15.19	3.34	-5.72
Gross Profit, 3 Yr. CAGR %	13.99	19.82	11.74	2.17	-3.48
EBITDA, 3 Yr. CAGR %	14.12	19.53	7.77	-2.08	-10.96
EBITA, 3 Yr. CAGR %	17.63	25.28	11.16	-1.78	-10.42
EBIT, 3 Yr. CAGR %	16.99	23.94	10.06	-2.67	-11.04
Earnings From Cont. Operations, 3 Yr. CAGR %	11.8	36.29	10.54	-2.88	-21.94
Net Income, 3 Yr. CAGR %	11.09	35.41	9.73	-2.81	-21.66
Normalized Net Income, 3 Yr. CAGR %	11.42	34.19	7.09	-4.54	-20.66
Diluted EPS Before Extra, 3 Yr. CAGR %	11.14	31.52	7.24	-4.4	-20.92
Accounts Receivable, 3 Yr. CAGR %	12.79	11.56	1.14	-6.51	-5.49
Inventory, 3 Yr. CAGR %	10.07	24.41	14.5	4.49	-3.23
Net Property, Plant and Equip., 3 Yr. CAGR %	3.74	8.9	11.73	13.9	15.96
Total Assets, 3 Yr. CAGR %	7.19	13.53	11.08	5.82	3.09
Tangible Book Value, 3 Yr. CAGR %	8.07	13.55	19.96	19.46	-3.66
Common Equity, 3 Yr. CAGR %	3.1	11.21	14.64	14.51	-0.13
Cash From Operations, 3 Yr. CAGR %	27.06	-11.52	36.39	-7.77	11.28
Capital Expenditures, 3 Yr. CAGR %	3.22	7.35	46.81	17.58	23.28
Levered Free Cash Flow, 3 Yr. CAGR %	-	-53.13	43.08	-42.11	26.09
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-42.4	42.7	-56.59	20.08
Dividend Per Share, 3 Yr. CAGR %	-	-	39.51	-18.32	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	13.97	9.47	9.41	7.17
Gross Profit, 5 Yr. CAGR %	-	8.22	7.52	12.93	5.25
EBITDA, 5 Yr. CAGR %	-	8.95	5.62	11.57	1.18
EBITA, 5 Yr. CAGR %	-	8.2	6.2	13.92	1.93
EBIT, 5 Yr. CAGR %	-	7.5	5.57	13.3	1.51
Earnings From Cont. Operations, 5 Yr. CAGR %	-	7.2	3.52	17.38	-4.7
Net Income, 5 Yr. CAGR %	-	6.65	2.88	17.08	-4.79
Normalized Net Income, 5 Yr. CAGR %	-	6.48	1.7	15.87	-4.73
Diluted EPS Before Extra, 5 Yr. CAGR %	-	4.53	1.35	15.72	-5.59
Accounts Receivable, 5 Yr. CAGR %	-	-	2.33	2.91	1.89
Inventory, 5 Yr. CAGR %	-	-	2.92	11.89	14.51
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	8.62	8.89	14.88
Total Assets, 5 Yr. CAGR %	-	-	5.78	8	10.51
Tangible Book Value, 5 Yr. CAGR %	-	-	13.59	12.57	7.31
Common Equity, 5 Yr. CAGR %	-	-	9.17	8.86	7.46
Cash From Operations, 5 Yr. CAGR %	-	18.71	60.86	-17.45	-1.13
Capital Expenditures, 5 Yr. CAGR %	-	11.14	12.63	5.59	40.7
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-26.3	-27.33
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-39.46	-19.95