Plastiblends India Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: May 31, 2025, 8:49 pm

Market Cap	564 Cr.
Current Price	217
High / Low	399/169
Stock P/E	16.8
Book Value	165
Dividend Yield	1.96 %
ROCE	10.9 %
ROE	8.03 %
Face Value	5.00
PEG Ratio	-7.70

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Plastiblends India Ltd

Competitors of Plastiblends India Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Multibase India Ltd	372 Cr.	295	622/222	25.4	62.2	18.0 %	18.5 %	13.8 %	10.0
Harshdeep Hortico Ltd	120 Cr.	74.8	86.0/51.6	12.4	29.5	0.00 %	27.0 %	23.0 %	10.0
TPL Plastech Ltd	641 Cr.	82.2	136/60.0	27.2	18.9	0.97 %	19.8 %	17.0 %	2.00
Supreme Industries Ltd	52,668 Cr.	4,146	6,482/3,020	57.1	446	0.82 %	22.0 %	17.1 %	2.00
Sintex Plastics Technology Ltd	67.4 Cr.	1.06	1.06/0.75		0.31	0.00 %	%	%	1.00
Industry Average	7,229.38 Cr	698.89		39.91	179.15	2.29%	15.93%	13.10%	6.10

All Competitor Stocks of Plastiblends India Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	218.84	204.23	180.30	186.02	197.97	195.67	210.46	197.12	198.91	211.58	185.35	184.37	199.16
Expenses	201.49	188.27	172.18	178.06	180.18	182.54	196.03	185.89	183.14	195.26	175.57	172.94	184.71
Operating Profit	17.35	15.96	8.12	7.96	17.79	13.13	14.43	11.23	15.77	16.32	9.78	11.43	14.45
OPM %	7.93%	7.81%	4.50%	4.28%	8.99%	6.71%	6.86%	5.70%	7.93%	7.71%	5.28%	6.20%	7.26%
Other Income	2.89	2.51	2.23	1.77	-1.30	1.33	2.58	2.03	2.23	2.41	2.63	1.98	2.41
Interest	0.88	0.82	0.26	0.74	0.30	0.10	0.37	0.37	0.33	0.38	0.31	0.29	0.28
Depreciation	3.90	4.03	4.08	4.27	4.06	3.88	3.86	3.87	3.78	3.74	3.81	3.88	3.79
Profit before tax	15.46	13.62	6.01	4.72	12.13	10.48	12.78	9.02	13.89	14.61	8.29	9.24	12.79
Tax %	19.99%	26.73%	29.95%	15.89%	28.36%	27.00%	25.51%	26.72%	22.75%	25.74%	23.88%	27.38%	25.10%
Net Profit	12.38	9.98	4.21	3.97	8.69	7.65	9.53	6.61	10.74	10.85	6.31	6.71	9.57
EPS in Rs	4.76	3.84	1.62	1.53	3.34	2.94	3.67	2.54	4.13	4.17	2.43	2.58	3.68

Last Updated: May 31, 2025, 8:08 am

Below is a detailed analysis of the quarterly data for Plastiblends India Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 199.16 Cr.. The value appears strong and on an upward trend. It has increased from 184.37 Cr. (Dec 2024) to 199.16 Cr., marking an increase of 14.79 Cr..
For Expenses, as of Mar 2025, the value is 184.71 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 172.94 Cr. (Dec 2024) to 184.71 Cr., marking an increase of 11.77 Cr..
For Operating Profit, as of Mar 2025, the value is 14.45 Cr.. The value appears strong and on an upward trend. It has increased from 11.43 Cr. (Dec 2024) to 14.45 Cr., marking an increase of 3.02 Cr..
For OPM %, as of Mar 2025, the value is 7.26%. The value appears strong and on an upward trend. It has increased from 6.20% (Dec 2024) to 7.26%, marking an increase of 1.06%.
For Other Income, as of Mar 2025, the value is 2.41 Cr.. The value appears strong and on an upward trend. It has increased from 1.98 Cr. (Dec 2024) to 2.41 Cr., marking an increase of 0.43 Cr..
For Interest, as of Mar 2025, the value is 0.28 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.29 Cr. (Dec 2024) to 0.28 Cr., marking a decrease of 0.01 Cr..
For Depreciation, as of Mar 2025, the value is 3.79 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 3.88 Cr. (Dec 2024) to 3.79 Cr., marking a decrease of 0.09 Cr..
For Profit before tax, as of Mar 2025, the value is 12.79 Cr.. The value appears strong and on an upward trend. It has increased from 9.24 Cr. (Dec 2024) to 12.79 Cr., marking an increase of 3.55 Cr..
For Tax %, as of Mar 2025, the value is 25.10%. The value appears to be improving (decreasing) as expected. It has decreased from 27.38% (Dec 2024) to 25.10%, marking a decrease of 2.28%.
For Net Profit, as of Mar 2025, the value is 9.57 Cr.. The value appears strong and on an upward trend. It has increased from 6.71 Cr. (Dec 2024) to 9.57 Cr., marking an increase of 2.86 Cr..
For EPS in Rs, as of Mar 2025, the value is 3.68. The value appears strong and on an upward trend. It has increased from 2.58 (Dec 2024) to 3.68, marking an increase of 1.10.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: May 3, 2025, 1:35 pm

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	455	484	511	545	568	627	587	555	699	751	781	780
Expenses	408	433	452	481	513	567	519	487	637	701	726	728
Operating Profit	47	51	59	64	55	60	67	69	62	50	55	52
OPM %	10%	10%	12%	12%	10%	10%	12%	12%	9%	7%	7%	7%
Other Income	3	2	2	1	2	1	3	4	6	5	8	9
Interest	6	4	4	8	8	8	1	3	3	2	1	1
Depreciation	4	6	6	11	12	12	17	16	16	16	15	15
Profit before tax	41	43	52	46	38	42	52	53	49	36	46	45
Tax %	33%	30%	27%	30%	28%	25%	28%	30%	25%	26%	25%	26%
Net Profit	27	30	38	33	27	31	37	37	37	27	35	33
EPS in Rs	10.48	11.56	14.49	12.58	10.51	11.99	14.31	14.37	14.12	10.33	13.29	12.87
Dividend Payout %	24%	24%	24%	10%	24%	23%	26%	28%	28%	39%	32%	19%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	11.11%	26.67%	-13.16%	-18.18%	14.81%	19.35%	0.00%	0.00%	-27.03%	29.63%	-5.71%
Change in YoY Net Profit Growth (%)	0.00%	15.56%	-39.82%	-5.02%	33.00%	4.54%	-19.35%	0.00%	-27.03%	56.66%	-35.34%

Plastiblends India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	5%
5 Years:	6%
3 Years:	4%
TTM:	0%

Compounded Profit Growth
10 Years:	1%
5 Years:	-2%
3 Years:	-3%
TTM:	1%

Stock Price CAGR
10 Years:	7%
5 Years:	6%
3 Years:	3%
1 Year:	-13%

Return on Equity
10 Years:	11%
5 Years:	9%
3 Years:	8%
Last Year:	8%

Last Updated: Unknown

Balance Sheet

Last Updated: May 13, 2025, 2:56 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	6	6	6	6	13	13	13	13	13	13	13	13
Reserves	130	151	178	217	235	256	268	317	368	382	392	415
Borrowings	31	20	82	91	105	78	48	32	45	9	8	5
Other Liabilities	80	80	94	84	88	67	80	91	92	81	69	75
Total Liabilities	248	258	361	399	442	414	409	453	518	484	482	507
Fixed Assets	64	73	151	169	176	173	180	179	189	181	176	170
CWIP	1	5	1	0	1	0	3	9	2	0	1	3
Investments	3	3	3	10	11	8	4	22	51	67	71	56
Other Assets	180	177	206	219	255	233	222	242	275	236	235	277
Total Assets	248	258	361	399	442	414	409	453	518	484	482	507

Below is a detailed analysis of the balance sheet data for Plastiblends India Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 13.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 13.00 Cr..
For Reserves, as of Mar 2025, the value is 415.00 Cr.. The value appears strong and on an upward trend. It has increased from 392.00 Cr. (Mar 2024) to 415.00 Cr., marking an increase of 23.00 Cr..
For Borrowings, as of Mar 2025, the value is 5.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 8.00 Cr. (Mar 2024) to 5.00 Cr., marking a decrease of 3.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 75.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 69.00 Cr. (Mar 2024) to 75.00 Cr., marking an increase of 6.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 507.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 482.00 Cr. (Mar 2024) to 507.00 Cr., marking an increase of 25.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 170.00 Cr.. The value appears to be declining and may need further review. It has decreased from 176.00 Cr. (Mar 2024) to 170.00 Cr., marking a decrease of 6.00 Cr..
For CWIP, as of Mar 2025, the value is 3.00 Cr.. The value appears strong and on an upward trend. It has increased from 1.00 Cr. (Mar 2024) to 3.00 Cr., marking an increase of 2.00 Cr..
For Investments, as of Mar 2025, the value is 56.00 Cr.. The value appears to be declining and may need further review. It has decreased from 71.00 Cr. (Mar 2024) to 56.00 Cr., marking a decrease of 15.00 Cr..
For Other Assets, as of Mar 2025, the value is 277.00 Cr.. The value appears strong and on an upward trend. It has increased from 235.00 Cr. (Mar 2024) to 277.00 Cr., marking an increase of 42.00 Cr..
For Total Assets, as of Mar 2025, the value is 507.00 Cr.. The value appears strong and on an upward trend. It has increased from 482.00 Cr. (Mar 2024) to 507.00 Cr., marking an increase of 25.00 Cr..

Notably, the Reserves (415.00 Cr.) exceed the Borrowings (5.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	37	37	71	25	15	59	74	48	15	72	38	9
Cash from Investing Activity +	-3	-19	-80	-25	-17	-8	-20	-27	-5	-26	-27	6
Cash from Financing Activity +	-32	-18	9	-0	3	-51	-55	-19	-12	-45	-11	-12
Net Cash Flow	2	-1	-0	-0	0	-1	-1	1	-1	1	-0	3

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	16.00	31.00	-23.00	-27.00	-50.00	-18.00	19.00	37.00	17.00	41.00	47.00	47.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	78	71	70	77	74	78	77	63	62	62	44	41
Inventory Days	72	63	47	57	66	84	62	85	115	93	76	76
Days Payable	31	35	30	50	34	35	12	17	24	16	17	14
Cash Conversion Cycle	119	99	86	84	106	127	127	131	153	139	102	104
Working Capital Days	111	92	87	97	106	124	107	101	116	110	87	86
ROCE %	17%	27%	27%	25%	19%	14%	14%	16%	16%	13%	9%	11%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	64.15%	64.27%	63.77%	63.90%	63.82%	63.60%	63.37%	63.37%	64.21%	64.38%	64.38%	64.38%
FIIs	1.26%	1.33%	1.35%	1.31%	1.32%	0.76%	0.75%	0.75%	0.76%	0.82%	0.84%	0.73%
DIIs	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%	0.00%	0.00%	0.00%
Public	34.38%	34.18%	34.66%	34.57%	34.65%	35.43%	35.65%	35.65%	34.82%	34.80%	34.79%	34.88%
No. of Shareholders	12,839	12,849	14,000	14,329	14,118	14,121	13,935	13,849	13,483	14,549	15,146	15,309

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	5.00	5.00	5.00	5.00	5.00
Basic EPS (Rs.)	13.28	10.33	14.12	14.37	14.30
Diluted EPS (Rs.)	13.28	10.33	14.12	14.37	14.30
Cash EPS (Rs.)	19.21	16.66	20.31	20.48	20.86
Book Value[Excl.RevalReserv]/Share (Rs.)	155.99	151.96	146.78	127.02	108.08
Book Value[Incl.RevalReserv]/Share (Rs.)	155.99	151.96	146.78	127.02	108.08
Dividend / Share (Rs.)	4.25	4.00	4.00	4.00	3.75
Revenue From Operations / Share (Rs.)	308.65	295.71	276.13	222.14	233.12
PBDIT / Share (Rs.)	24.14	21.18	26.23	27.73	26.96
PBIT / Share (Rs.)	18.21	14.85	20.04	21.63	20.40
PBT / Share (Rs.)	17.76	14.04	18.84	20.47	19.83
Net Profit / Share (Rs.)	13.28	10.33	14.12	14.37	14.30
PBDIT Margin (%)	7.81	7.16	9.49	12.48	11.56
PBIT Margin (%)	5.90	5.02	7.25	9.73	8.75
PBT Margin (%)	5.75	4.74	6.82	9.21	8.50
Net Profit Margin (%)	4.30	3.49	5.11	6.46	6.13
Return on Networth / Equity (%)	8.51	6.79	9.62	11.31	13.23
Return on Capital Employeed (%)	10.87	8.96	12.23	15.55	16.45
Return On Assets (%)	7.15	5.54	7.09	8.24	9.09
Long Term Debt / Equity (X)	0.00	0.00	0.00	0.00	0.03
Total Debt / Equity (X)	0.00	0.00	0.08	0.09	0.14
Asset Turnover Ratio (%)	1.66	1.53	1.48	1.34	1.47
Current Ratio (X)	5.87	4.81	3.03	2.69	2.52
Quick Ratio (X)	3.21	2.56	1.55	1.34	1.38
Inventory Turnover Ratio (X)	4.89	4.57	4.19	3.49	4.86
Dividend Payout Ratio (NP) (%)	30.11	38.71	28.32	0.00	54.78
Dividend Payout Ratio (CP) (%)	20.82	24.01	19.69	0.00	37.55
Earning Retention Ratio (%)	69.89	61.29	71.68	0.00	45.22
Cash Earning Retention Ratio (%)	79.18	75.99	80.31	0.00	62.45
Interest Coverage Ratio (X)	53.63	26.01	22.00	23.89	47.27
Interest Coverage Ratio (Post Tax) (X)	30.52	13.69	12.85	13.38	26.08
Enterprise Value (Cr.)	597.87	392.41	543.48	623.64	338.66
EV / Net Operating Revenue (X)	0.74	0.51	0.75	1.08	0.55
EV / EBITDA (X)	9.53	7.13	7.97	8.65	4.83
MarketCap / Net Operating Revenue (X)	0.74	0.51	0.71	1.03	0.49
Retention Ratios (%)	69.88	61.28	71.67	0.00	45.21
Price / BV (X)	1.48	0.99	1.34	1.80	1.07
Price / Net Operating Revenue (X)	0.74	0.51	0.71	1.03	0.49
EarningsYield	0.05	0.06	0.07	0.06	0.12

After reviewing the key financial ratios for Plastiblends India Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 5.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 5.00.
For Basic EPS (Rs.), as of Mar 24, the value is 13.28. This value is within the healthy range. It has increased from 10.33 (Mar 23) to 13.28, marking an increase of 2.95.
For Diluted EPS (Rs.), as of Mar 24, the value is 13.28. This value is within the healthy range. It has increased from 10.33 (Mar 23) to 13.28, marking an increase of 2.95.
For Cash EPS (Rs.), as of Mar 24, the value is 19.21. This value is within the healthy range. It has increased from 16.66 (Mar 23) to 19.21, marking an increase of 2.55.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 155.99. It has increased from 151.96 (Mar 23) to 155.99, marking an increase of 4.03.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 155.99. It has increased from 151.96 (Mar 23) to 155.99, marking an increase of 4.03.
For Dividend / Share (Rs.), as of Mar 24, the value is 4.25. This value exceeds the healthy maximum of 3. It has increased from 4.00 (Mar 23) to 4.25, marking an increase of 0.25.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 308.65. It has increased from 295.71 (Mar 23) to 308.65, marking an increase of 12.94.
For PBDIT / Share (Rs.), as of Mar 24, the value is 24.14. This value is within the healthy range. It has increased from 21.18 (Mar 23) to 24.14, marking an increase of 2.96.
For PBIT / Share (Rs.), as of Mar 24, the value is 18.21. This value is within the healthy range. It has increased from 14.85 (Mar 23) to 18.21, marking an increase of 3.36.
For PBT / Share (Rs.), as of Mar 24, the value is 17.76. This value is within the healthy range. It has increased from 14.04 (Mar 23) to 17.76, marking an increase of 3.72.
For Net Profit / Share (Rs.), as of Mar 24, the value is 13.28. This value is within the healthy range. It has increased from 10.33 (Mar 23) to 13.28, marking an increase of 2.95.
For PBDIT Margin (%), as of Mar 24, the value is 7.81. This value is below the healthy minimum of 10. It has increased from 7.16 (Mar 23) to 7.81, marking an increase of 0.65.
For PBIT Margin (%), as of Mar 24, the value is 5.90. This value is below the healthy minimum of 10. It has increased from 5.02 (Mar 23) to 5.90, marking an increase of 0.88.
For PBT Margin (%), as of Mar 24, the value is 5.75. This value is below the healthy minimum of 10. It has increased from 4.74 (Mar 23) to 5.75, marking an increase of 1.01.
For Net Profit Margin (%), as of Mar 24, the value is 4.30. This value is below the healthy minimum of 5. It has increased from 3.49 (Mar 23) to 4.30, marking an increase of 0.81.
For Return on Networth / Equity (%), as of Mar 24, the value is 8.51. This value is below the healthy minimum of 15. It has increased from 6.79 (Mar 23) to 8.51, marking an increase of 1.72.
For Return on Capital Employeed (%), as of Mar 24, the value is 10.87. This value is within the healthy range. It has increased from 8.96 (Mar 23) to 10.87, marking an increase of 1.91.
For Return On Assets (%), as of Mar 24, the value is 7.15. This value is within the healthy range. It has increased from 5.54 (Mar 23) to 7.15, marking an increase of 1.61.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Total Debt / Equity (X), as of Mar 24, the value is 0.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.66. It has increased from 1.53 (Mar 23) to 1.66, marking an increase of 0.13.
For Current Ratio (X), as of Mar 24, the value is 5.87. This value exceeds the healthy maximum of 3. It has increased from 4.81 (Mar 23) to 5.87, marking an increase of 1.06.
For Quick Ratio (X), as of Mar 24, the value is 3.21. This value exceeds the healthy maximum of 2. It has increased from 2.56 (Mar 23) to 3.21, marking an increase of 0.65.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 4.89. This value is within the healthy range. It has increased from 4.57 (Mar 23) to 4.89, marking an increase of 0.32.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 30.11. This value is within the healthy range. It has decreased from 38.71 (Mar 23) to 30.11, marking a decrease of 8.60.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 20.82. This value is within the healthy range. It has decreased from 24.01 (Mar 23) to 20.82, marking a decrease of 3.19.
For Earning Retention Ratio (%), as of Mar 24, the value is 69.89. This value is within the healthy range. It has increased from 61.29 (Mar 23) to 69.89, marking an increase of 8.60.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 79.18. This value exceeds the healthy maximum of 70. It has increased from 75.99 (Mar 23) to 79.18, marking an increase of 3.19.
For Interest Coverage Ratio (X), as of Mar 24, the value is 53.63. This value is within the healthy range. It has increased from 26.01 (Mar 23) to 53.63, marking an increase of 27.62.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 30.52. This value is within the healthy range. It has increased from 13.69 (Mar 23) to 30.52, marking an increase of 16.83.
For Enterprise Value (Cr.), as of Mar 24, the value is 597.87. It has increased from 392.41 (Mar 23) to 597.87, marking an increase of 205.46.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 0.74. This value is below the healthy minimum of 1. It has increased from 0.51 (Mar 23) to 0.74, marking an increase of 0.23.
For EV / EBITDA (X), as of Mar 24, the value is 9.53. This value is within the healthy range. It has increased from 7.13 (Mar 23) to 9.53, marking an increase of 2.40.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.74. This value is below the healthy minimum of 1. It has increased from 0.51 (Mar 23) to 0.74, marking an increase of 0.23.
For Retention Ratios (%), as of Mar 24, the value is 69.88. This value is within the healthy range. It has increased from 61.28 (Mar 23) to 69.88, marking an increase of 8.60.
For Price / BV (X), as of Mar 24, the value is 1.48. This value is within the healthy range. It has increased from 0.99 (Mar 23) to 1.48, marking an increase of 0.49.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.74. This value is below the healthy minimum of 1. It has increased from 0.51 (Mar 23) to 0.74, marking an increase of 0.23.
For EarningsYield, as of Mar 24, the value is 0.05. This value is below the healthy minimum of 5. It has decreased from 0.06 (Mar 23) to 0.05, marking a decrease of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Plastiblends India Ltd as of June 1, 2025 is: 181.56

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of June 1, 2025, Plastiblends India Ltd is Overvalued by 16.33% compared to the current share price 217.00

Intrinsic Value of Plastiblends India Ltd as of June 1, 2025 is: 177.60

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of June 1, 2025, Plastiblends India Ltd is Overvalued by 18.16% compared to the current share price 217.00

Last 5 Year EPS CAGR: -2.18%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 17.33%, which is a positive sign. The company has higher reserves (275.75 cr) compared to borrowings (46.17 cr), indicating strong financial stability. The company has shown consistent growth in sales (611.92 cr) and profit (45.25 cr) over the years.	The stock has a high average Working Capital Days of 102.00, which may not be favorable. The stock has a high average Cash Conversion Cycle of 114.75, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Plastiblends India Ltd:
1. Net Profit Margin: 4.3%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 10.87% (Industry Average ROCE: 15.93%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 8.51% (Industry Average ROE: 13.1%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 30.52
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 3.21
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 16.8 (Industry average Stock P/E: 39.91)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Plastiblends India Ltd. is a Public Limited Listed company incorporated on 22/01/1991 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L25200MH1991PLC059943 and registration number is 059943. Currently Company is involved in the business activities of Manufacture of plastic in primary forms (includes amino-resins, polyurethanes etc.). Company's Total Operating Revenue is Rs. 780.45 Cr. and Equity Capital is Rs. 12.99 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Plastics - Plastic & Plastic Products	Fortune Terraces, A-Wing, 10th Floor, Mumbai Maharashtra 400053	pbi@kolsitegroup.com http://www.plastiblends.com

Management
Name	Position Held
Mr. Satyanarayan G Kabra	Chairman & Managing Director
Mr. Varun S Kabra	Vice Chairman & Mng.Director
Mr. Pushp Raj Singhvi	Independent Director
Mr. Sudarshan K Parab	Independent Director
Mr. Bajrang Lal Bagra	Independent Director
Mr. Rahul R Rathi	Independent Director
Mrs. Meena S Agrawal	Independent Director
Mr. Shreevallabh G Kabra	Director
Mrs. Jyoti V Kabra	Director
Mr. Dharmendra K Gandhi	Additional Director

FAQ

What is the intrinsic value of Plastiblends India Ltd?

Plastiblends India Ltd's intrinsic value (as of 01 June 2025) is ₹181.56 — 16.33% lower the current market price of 217.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 564 Cr. market cap, FY2025-2026 high/low of ₹399/169, reserves of 415 Cr, and liabilities of 507 Cr.

What is the Market Cap of Plastiblends India Ltd?

The Market Cap of Plastiblends India Ltd is 564 Cr..

What is the current Stock Price of Plastiblends India Ltd as on 01 June 2025?

The current stock price of Plastiblends India Ltd as on 01 June 2025 is 217.

What is the High / Low of Plastiblends India Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Plastiblends India Ltd stocks is ₹399/169.

What is the Stock P/E of Plastiblends India Ltd?

The Stock P/E of Plastiblends India Ltd is 16.8.

What is the Book Value of Plastiblends India Ltd?

The Book Value of Plastiblends India Ltd is 165.

What is the Dividend Yield of Plastiblends India Ltd?

The Dividend Yield of Plastiblends India Ltd is 1.96 %.

What is the ROCE of Plastiblends India Ltd?

The ROCE of Plastiblends India Ltd is 10.9 %.

What is the ROE of Plastiblends India Ltd?

The ROE of Plastiblends India Ltd is 8.03 %.

What is the Face Value of Plastiblends India Ltd?

The Face Value of Plastiblends India Ltd is 5.00.