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Plastiblends India share price

Plastiblends India Ltd.

NSE: PLASTIBLEN BSE: 523648 SECTOR: Chemicals  59k   33   3

243.53
-9.30 (-3.68%)
NSE: 20 Dec 04:02 PM

Price Summary

Today's High

₹ 262

Today's Low

₹ 241.1

52 Week High

₹ 398.45

52 Week Low

₹ 227.15

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

632.91 Cr.

Enterprise Value

630.83 Cr.

No. of Shares

2.6 Cr.

P/E

18.34

P/B

1.5

Face Value

₹ 5

Div. Yield

1.75 %

Book Value (TTM)

₹  162.42

CASH

3.07 Cr.

DEBT

0.98 Cr.

Promoter Holding

64.38 %

EPS (TTM)

₹  13.28

Sales Growth

4.38%

ROE

8.63 %

ROCE

11.81%

Profit Growth

28.58 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

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Ratios

Sales Growth

1 Year4.38%
3 Year11.59%
5 Year5.06%

Profit Growth

1 Year28.58%
3 Year-2.58%
5 Year2.07%

ROE%

1 Year8.63%
3 Year8.62%
5 Year10.32%

ROCE %

1 Year11.81%
3 Year11.58%
5 Year13.37%

Debt/Equity

0.0024

Price to Cash Flow

16.63

Interest Cover Ratio

40.4667

CFO/PAT (5 Yr. Avg.)

1.43890380799258

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 64.38 0.00
Jun 2024 64.38 0.00
Mar 2024 64.38 0.00
Dec 2023 64.38 0.00
Sep 2023 64.21 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 40.4667.
  • Company’s PEG ratio is 0.641813175299406.
  • The company has an efficient Cash Conversion Cycle of 80.5273 days.
  • Company has a healthy liquidity position with current ratio of 5.8667.
  • The company has a good cash flow management; CFO/PAT stands at 1.43890380799258.
  • The company has a high promoter holding of 64.38%.

 Limitations

  • The company has shown a poor profit growth of -2.58487147881294% for the Past 3 years.
  • The company has shown a poor revenue growth of 11.5862996717662% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 210.46 197.12 198.91 211.58 185.35
Total Expenditure 196.03 185.9 183.13 195.26 175.57
Operating Profit 14.43 11.23 15.78 16.31 9.77
Other Income 2.58 2.03 2.23 2.41 2.63
Interest 0.37 0.37 0.33 0.38 0.31
Depreciation 3.86 3.87 3.78 3.74 3.81
Exceptional Items 0 0 0 0 0
Profit Before Tax 12.78 9.02 13.89 14.61 8.29
Tax 3.25 2.4 3.16 3.76 1.98
Profit After Tax 9.53 6.61 10.74 10.85 6.31
Adjusted EPS (Rs) 3.67 2.54 4.13 4.17 2.43

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 605.87 577.33 717.63 768.52 802.16
Total Expenditure 538.43 508.83 655.4 720.03 748.96
Operating Profit 67.45 68.5 62.23 48.48 53.2
Other Income 3.09 3.58 5.94 6.55 9.53
Interest 1.96 3.02 3.1 2.12 1.17
Depreciation 17.05 15.87 16.09 16.43 15.4
Exceptional Items 0 0 0 0 0
Profit Before Tax 51.54 53.19 48.98 36.49 46.16
Tax 14.36 15.85 12.28 9.64 11.64
Net Profit 37.18 37.35 36.7 26.85 34.53
Adjusted EPS (Rs.) 14.3 14.37 14.12 10.33 13.28

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 12.99 12.99 12.99 12.99 12.99
Total Reserves 267.9 317.11 368.48 382 392.42
Borrowings 9.25 0 0 0 0
Other N/C liabilities 32.02 31.36 44 35.46 29.83
Current liabilities 86.73 91.32 92.41 53.99 47.25
Total Liabilities 408.89 452.8 517.89 484.45 482.49
Assets
Net Block 178.09 177.25 187.25 178.69 173.8
Capital WIP 2.63 9 2.47 0.12 1.21
Intangible WIP 0 0 0 0.09 0.04
Investments 6.05 17.07 43.77 40.07 24.33
Loans & Advances 3.54 3.53 3.31 3.6 3.86
Other N/C Assets 0 0 2.07 2.11 2.08
Current Assets 218.57 245.94 279.01 259.77 277.18
Total Assets 408.89 452.8 517.89 484.45 482.49
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 51.54 53.19 48.98 36.49 46.16
Adjustment 19.42 18.23 14.25 12.11 8.44
Changes in Assets & Liabilities 17.39 -13.49 -35.85 34.15 -4.49
Tax Paid -13.95 -9.79 -11.94 -10.44 -12.05
Operating Cash Flow 74.39 48.14 15.44 72.31 38.06
Investing Cash Flow -20.23 -27.26 -4.76 -26.18 -27.44
Financing Cash Flow -54.67 -19.44 -11.71 -45.27 -11.02
Net Cash Flow -0.51 1.45 -1.02 0.87 -0.4

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 64.21 64.38 64.38 64.38 64.38
anand shreevallabh kabra 0.02 0.02 0.02 0.02 0.02
ekta anand kabra 0.02 0.02 0.02 0.02 0.02
jyoti varun kabra 0.84 0.84 0.84 0.84 0.84
kabra extrusiontechnik li... 5.99 5.52 5.52 5.52 5.52
kolsite corporation llp 12.00 12.00 12.00 12.00 12.00
saritadevi satyanarayan k... 11.46 11.84 11.84 11.84 11.84
satyanarayan gopilal kabr... 12.63 12.63 12.63 12.63 12.63
shreevallabh gopilal kabr... 0.02 0.02 0.02 0.02 0.02
varun satyanarayan kabra 21.23 21.50 21.50 21.50 21.50
veenadevi shreevallabh ka... 0.02 0.02 0.02 0.02 0.02
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 35.79 35.62 35.62 35.62 35.62
colloids (widnes) ltd pen... 1.77 1.77 1.77 1.77 1.77
investor education and pr... 1.08 - - - 1.08
minaxi bhalchandra trived... 1.06 1.00 1.00 1.01 1.20
investor education and pr... - - 1.08 1.08 -
llp 0.02 0.01 0.09 0.09 -
investor education and pr... - 1.08 - - -

Ratings & Research Reports

Company Presentations

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Company News

Plastiblends India informs about disclosure 20 Dec, 1:04 PM Plastiblends India informs about disclosure 20 Dec, 11:04 AM Plastiblends India informs about loss of share certificate 19 Dec, 3:18 PM Plastiblends India informs about show cause notices from GST department 30 Nov, 5:51 PM Plastiblends India informs about issuance of duplicate share certificate 30 Nov, 4:18 PM Plastiblends India informs about issuance of duplicate share certificate 18 Oct, 2:30 PM Plastiblends India informs about outcome of board meeting 11 Oct, 4:58 PM Plastiblends India - Quaterly Results 11 Oct, 3:08 PM Plastiblends India - Quaterly Results 11 Oct, 3:08 PM Plastiblends India - Quaterly Results 11 Oct, 3:08 PM Plastiblends India - Quaterly Results 13 Jul, 4:24 PM Plastiblends India - Quaterly Results 13 Jul, 4:24 PM Plastiblends India - Quaterly Results 13 Jul, 4:24 PM Plastiblends India - Quaterly Results 2 May, 5:35 PM Plastiblends India - Quaterly Results 2 May, 5:35 PM Plastiblends India - Quaterly Results 2 May, 5:35 PM Plastiblends India commissions Solar Power Plant at Roorkee facility 27 Feb, 4:15 PM Plastiblends India informs about loss of share certificate 19 Jan, 5:09 PM Plastiblends India - Quaterly Results 11 Jan, 3:58 PM Plastiblends India - Quaterly Results 11 Jan, 3:58 PM Plastiblends India - Quaterly Results 11 Jan, 3:58 PM Plastiblends India informs about issuance of duplicate share certificate 22 Dec, 4:33 PM Plastiblends India - Quaterly Results 11 Oct, 4:15 PM Plastiblends India - Quaterly Results 11 Oct, 4:15 PM Plastiblends India - Quaterly Results 11 Oct, 4:15 PM Plastiblends India informs about loss of share certificate 21 Jul, 5:21 PM Plastiblends India - Quaterly Results 11 Jul, 4:24 PM Plastiblends India - Quaterly Results 11 Jul, 4:24 PM Plastiblends India - Quaterly Results 11 Jul, 4:24 PM Plastiblends India - Quaterly Results 3 May, 8:11 PM Plastiblends India - Quaterly Results 3 May, 8:11 PM Plastiblends India informs about loss of share certificate 28 Feb, 4:41 PM Plastiblends India - Quaterly Results 12 Jan, 3:19 PM Plastiblends India - Quaterly Results 12 Jan, 3:19 PM Plastiblends India - Quaterly Results 12 Jan, 3:19 PM Plastiblends India - Quaterly Results 14 Oct, 5:04 PM Plastiblends India - Quaterly Results 14 Oct, 5:04 PM Plastiblends India - Quaterly Results 12 Jul, 2:26 PM Plastiblends India - Quaterly Results 12 Jul, 2:26 PM Plastiblends India - Quaterly Results 12 Jul, 2:26 PM Plastiblends India informs about loss of share certificates 17 Jun, 2:29 PM Plastiblends India informs about outcome of board meeting 4 May, 12:13 PM Plastiblends India - Quaterly Results 3 May, 7:21 PM Plastiblends India - Quaterly Results 3 May, 7:21 PM Plastiblends India informs about certificate 21 Jan, 11:48 AM Plastiblends India - Quaterly Results 13 Jan, 6:17 PM Plastiblends India - Quaterly Results 13 Jan, 6:17 PM Plastiblends India - Quaterly Results 13 Oct, 7:21 PM Plastiblends India - Quaterly Results 13 Oct, 7:21 PM Plastiblends India informs about closure of trading window 25 Sep, 1:05 PM

Plastiblends India Stock Price Analysis and Quick Research Report. Is Plastiblends India an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Plastiblends India stock price today is Rs 243.53. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Plastiblends India . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Plastiblends India has a PE ratio of 18.3432130940096 which is high and comparatively overvalued .

  • Share Price: - The current share price of Plastiblends India is Rs 243.53. One can use valuation calculators of ticker to know if Plastiblends India share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Plastiblends India has ROA of 7.1411 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Plastiblends India has a Current ratio of 5.8667 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Plastiblends India has a ROE of 8.6269 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Plastiblends India has a Debt to Equity ratio of 0.0024 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Plastiblends India has reported revenue growth of 4.3781 % which is poor in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Plastiblends India for the current financial year is 6.63194299004091 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Plastiblends India is Rs 4.25 and the yield is 1.7526 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Plastiblends India is Rs 13.2763 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Plastiblends India in Ticker for free. Also, one can get the intrinsic value of Plastiblends India by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Plastiblends India
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