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Plastiblends India share price

Plastiblends India Ltd.

NSE: PLASTIBLEN BSE: 523648 SECTOR: Chemicals  53k   26   2

275.80
+1.45 (0.53%)
NSE: Today, 09:07 AM

Price Summary

Today's High

₹ 275.8

Today's Low

₹ 275.8

52 Week High

₹ 358

52 Week Low

₹ 163

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

716.78 Cr.

Enterprise Value

714.28 Cr.

No. of Shares

2.6 Cr.

P/E

22.07

P/B

1.77

Face Value

₹ 5

Div. Yield

1.45 %

Book Value (TTM)

₹  155.75

CASH

2.5 Cr.

DEBT

0 Cr.

Promoter Holding

64.38 %

EPS (TTM)

₹  12.5

Sales Growth

7.09%

ROE

6.92 %

ROCE

9.53%

Profit Growth

-26.83 %

* 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

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

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year7.09%
3 Year8.25%
5 Year6.24%

Profit Growth

1 Year-26.83%
3 Year-10.28%
5 Year-0.34%

ROE%

1 Year6.92%
3 Year9.82%
5 Year11.01%

ROCE %

1 Year9.53%
3 Year13.07%
5 Year13.85%

Debt/Equity

0

Price to Cash Flow

9.91

Interest Cover Ratio

18.2398884898885

CFO/PAT (5 Yr. Avg.)

1.59083074577743

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 64.38 0
Dec 2023 64.38 0
Sep 2023 64.21 0
Jun 2023 63.37 0
Mar 2023 63.37 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has significantly decreased its debt by 33.5605 Cr.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 18.2398884898885.
  • Company has a healthy liquidity position with current ratio of 4.81137285916169.
  • The company has a good cash flow management; CFO/PAT stands at 1.59083074577743.
  • The company has a high promoter holding of 64.38%.

 Limitations

  • The company has shown a poor profit growth of -10.2774506893157% for the Past 3 years.
  • The company has shown a poor revenue growth of 8.24888207691423% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 186.02 197.97 195.67 210.46 197.12
Total Expenditure 178.06 180.18 182.55 196.03 185.9
Operating Profit 7.96 17.8 13.13 14.43 11.23
Other Income 1.77 -1.3 1.33 2.58 2.03
Interest 0.74 0.3 0.1 0.37 0.37
Depreciation 4.27 4.06 3.88 3.86 3.87
Exceptional Items 0 0 0 0 0
Profit Before Tax 4.72 12.13 10.47 12.78 9.02
Tax 0.75 3.44 2.83 3.25 2.4
Profit After Tax 3.97 8.69 7.65 9.53 6.61
Adjusted EPS (Rs) 1.53 3.34 2.94 3.67 2.54

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 626.85 605.87 577.33 717.63 768.52
Total Expenditure 566.56 538.43 508.83 655.4 720.03
Operating Profit 60.3 67.45 68.5 62.23 48.48
Other Income 1.19 3.09 3.58 5.94 6.55
Interest 8.14 1.96 3.02 3.1 2.12
Depreciation 11.74 17.05 15.87 16.09 16.43
Exceptional Items 0 0 0 0 0
Profit Before Tax 41.61 51.54 53.19 48.98 36.49
Tax 10.44 14.36 15.85 12.28 9.64
Net Profit 31.17 37.18 37.35 36.7 26.85
Adjusted EPS (Rs.) 11.99 14.3 14.37 14.12 10.33

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 12.99 12.99 12.99 12.99 12.99
Total Reserves 255.71 267.9 317.11 368.48 382
Borrowings 17.25 9.25 0 0 0
Other N/C liabilities 32.26 32.02 31.36 44 35.46
Current liabilities 95.63 86.73 91.32 92.41 53.99
Total Liabilities 413.84 408.89 452.8 517.89 484.45
Assets
Net Block 173.38 178.09 177.25 187.25 178.69
Capital WIP 0 2.63 9 2.47 0.12
Intangible WIP 0 0 0 0 0.09
Investments 7.51 6.05 17.07 43.77 40.07
Loans & Advances 3.9 3.54 3.53 3.31 3.6
Other N/C Assets 0 0 0 2.07 2.11
Current Assets 229.05 218.57 245.94 279.01 259.77
Total Assets 413.84 408.89 452.8 517.89 484.45
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 41.61 51.54 53.19 48.98 36.49
Adjustment 20.23 19.42 18.23 14.25 12.11
Changes in Assets & Liabilities 13.13 17.39 -13.49 -35.85 34.15
Tax Paid -16.02 -13.95 -9.79 -11.94 -10.44
Operating Cash Flow 58.94 74.39 48.14 15.44 72.31
Investing Cash Flow -8.22 -20.23 -27.26 -4.76 -26.18
Financing Cash Flow -51.33 -54.67 -19.44 -11.71 -45.27
Net Cash Flow -0.61 -0.51 1.45 -1.02 0.87

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 63.37 63.37 64.21 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 5.99 5.99 5.52 5.52
kolsite corporation llp 12.00 12.00 12.00 12.00 12.00
saritadevi satyanarayan k... 11.18 11.18 11.46 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 20.67 20.67 21.23 21.50 21.50
veenadevi shreevallabh ka... 0.02 0.02 0.02 0.02 0.02
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 36.63 36.63 35.79 35.62 35.62
colloids (widnes) ltd pen... 1.77 1.77 1.77 1.77 1.77
investor education and pr... 1.01 - - - 1.08
llp 0.04 0.03 0.02 0.01 0.09
minaxi bhalchandra trived... 1.06 1.06 1.06 1.00 1.00
investor education and pr... - - - 1.08 -
investor education and pr... - 1.08 1.08 - -
byna murali 1.00 1.00 - - -

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Plastiblends India commissions Solar Power Plant at Roorkee facility27 Feb 2024, 4:15PM Plastiblends India informs about loss of share certificate19 Jan 2024, 5:09PM Plastiblends India - Quaterly Results11 Jan 2024, 3:58PM Plastiblends India - Quaterly Results11 Jan 2024, 3:58PM Plastiblends India - Quaterly Results11 Jan 2024, 3:58PM Plastiblends India informs about issuance of duplicate share certificate 22 Dec 2023, 4:33PM Plastiblends India - Quaterly Results11 Oct 2023, 4:15PM Plastiblends India - Quaterly Results11 Oct 2023, 4:15PM Plastiblends India - Quaterly Results11 Oct 2023, 4:15PM Plastiblends India informs about loss of share certificate 21 Jul 2023, 5:21PM Plastiblends India - Quaterly Results11 Jul 2023, 4:24PM Plastiblends India - Quaterly Results11 Jul 2023, 4:24PM Plastiblends India - Quaterly Results11 Jul 2023, 4:24PM Plastiblends India - Quaterly Results3 May 2023, 8:11PM Plastiblends India - Quaterly Results3 May 2023, 8:11PM Plastiblends India informs about loss of share certificate28 Feb 2023, 4:41PM Plastiblends India - Quaterly Results12 Jan 2023, 3:19PM Plastiblends India - Quaterly Results12 Jan 2023, 3:19PM Plastiblends India - Quaterly Results12 Jan 2023, 3:19PM Plastiblends India - Quaterly Results14 Oct 2022, 5:04PM Plastiblends India - Quaterly Results14 Oct 2022, 5:04PM Plastiblends India - Quaterly Results12 Jul 2022, 2:26PM Plastiblends India - Quaterly Results12 Jul 2022, 2:26PM Plastiblends India - Quaterly Results12 Jul 2022, 2:26PM Plastiblends India informs about loss of share certificates17 Jun 2022, 2:29PM Plastiblends India informs about outcome of board meeting4 May 2022, 12:13PM Plastiblends India - Quaterly Results3 May 2022, 7:21PM Plastiblends India - Quaterly Results3 May 2022, 7:21PM Plastiblends India informs about certificate21 Jan 2022, 11:48AM Plastiblends India - Quaterly Results13 Jan 2022, 6:17PM Plastiblends India - Quaterly Results13 Jan 2022, 6:17PM Plastiblends India - Quaterly Results13 Oct 2021, 7:21PM Plastiblends India - Quaterly Results13 Oct 2021, 7:21PM Plastiblends India informs about closure of trading window25 Sep 2021, 1:05PM Plastiblends India informs about board meeting12 Jul 2021, 2:22PM Plastiblends India informs about annual report3 Jul 2021, 2:25PM Plastiblends India informs about board meeting10 Oct 2020, 11:00AM

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 find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. 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 21.9523904780956 which is high and comparatively overvalued .

  • Share Price: - The current share price of Plastiblends India is Rs 274.35. 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 5.35768605268674 % 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 4.81137285916169 .

  • 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 6.91614340327522 % .(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 D/E ratio of 0 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Plastiblends India has an Inventory turnover ratio of 6.02290439714726 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Plastiblends India has reported revenue growth of 7.0902964454389 % 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 6.30886676021504 %.

  • 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 and the yield is 1.4511 %.

Last Updated on:
Brief about Plastiblends India
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