Ecoplast Ltd: Intrinsic Value & Share Price Analysis

Q: What is the intrinsic value of Ecoplast Ltd and is it undervalued?

As of 26 April 2026, Ecoplast Ltd's intrinsic value is 492.68, which is 2.22% higher than the current market price of 482.00, suggesting the stock is undervalued. Calculated using the PE ratio method factoring in ROE (14.6 %), book value (227), dividend yield (0.00 %), and 5-year EPS CAGR.

Q: What is the current share price and 52-week range of Ecoplast Ltd?

Ecoplast Ltd is trading at 482.00 as of 26 April 2026, with a FY2026-2027 high of 773 and low of 392. The stock is currently near its 52-week low. Market cap stands at 167 Cr..

Q: Is Ecoplast Ltd financially healthy?

Key indicators: ROCE of 20.2 % indicates efficient capital utilization. Dividend yield is 0.00 %.

Q: Is Ecoplast Ltd profitable and how is the profit trend?

Ecoplast Ltd reported a net profit of 8 Cr in Mar 2025 on revenue of 127 Cr. Compared to -2 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹600.37Undervalued by 24.56%vs CMP ₹482.00

P/E (22.2) × ROE (14.6%) × BV (₹227.00) × DY (2.00%)

₹492.68Fairly Valued by 2.22%vs CMP ₹482.00

MoS: +2.2% (Thin)Confidence: 58/100 (Moderate)Models: 2 Under, 7 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹1,174.40	23%	Under (+143.7%)
Graham Number	Earnings	₹333.22	17%	Over (-30.9%)
Earnings Power	Earnings	₹171.73	11%	Over (-64.4%)
DCF	Cash Flow	₹557.83	11%	Under (+15.7%)
Net Asset Value	Assets	₹225.13	7%	Over (-53.3%)
EV/EBITDA	Enterprise	₹337.69	9%	Over (-29.9%)
Earnings Yield	Earnings	₹217.40	7%	Over (-54.9%)
ROCE Capital	Returns	₹73.45	7%	Over (-84.8%)
Revenue Multiple	Revenue	₹183.28	6%	Over (-62%)
Consensus (9 models)		₹492.68	100%	Fairly Valued

Key Drivers: EPS CAGR 95.6% lifts DCF — verify sustainability. | Wide model spread (₹73–₹1,174) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 95.6%

*Investments are subject to market risks

Analyst Summary

Ecoplast Ltd operates in the Packaging & Containers segment, NSE: ECOPLAST | BSE: 526703, current market price is ₹482.00, market cap is 167 Cr.. At a glance, stock P/E is 22.2, ROE is 14.6 %, ROCE is 20.2 %, book value is 227, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹492.68, which is broadly in line with the current market price. On operating trend, latest reported sales are about ₹127 Cr versus the prior period change of 12.4%, while latest net profit is about ₹8 Cr with a prior-period change of -11.1%. The 52-week range shown on this page is 773/392, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisEcoplast Ltd. is a Public Limited Listed company incorporated on 07/05/1981 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L25200GJ1981…

This summary is generated from the stock page data available for Ecoplast Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Ecoplast Ltd scores 67/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health79/100 · Strong

ROCE 20.2% ExcellentROE 14.6% GoodD/E 0.17 Low debtInterest Coverage 0.0x RiskyProfitable 3/5 years Mixed

Smart Money50/100 · Moderate

Promoter holding at 64.8% Stable

Earnings Quality65/100 · Strong

OPM expanding (4% → 11%) Improving

Quarterly Momentum50/100 · Moderate

Revenue (4Q): +12% YoY GrowingProfit (4Q): -18% YoY Declining

Industry Rank80/100 · Strong

P/E 22.2 vs industry 44.2 Cheaper than peersROCE 20.2% vs industry 12.8% Above peers3Y sales CAGR: 11% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 26, 2026, 1:26 am

Market Cap	167 Cr.
Current Price	482
Intrinsic Value	₹492.68
High / Low	773/392
Stock P/E	22.2
Book Value	227
Dividend Yield	0.00 %
ROCE	20.2 %
ROE	14.6 %
Face Value	10.0
PEG Ratio	0.23

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Ecoplast Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Ecoplast Ltd	167 Cr.	482	773/392	22.2	227	0.00 %	20.2 %	14.6 %	10.0
Emmbi Industries Ltd	165 Cr.	86.0	127/60.1	20.4	102	0.35 %	8.04 %	3.72 %	10.0
CDG Petchem Ltd	161 Cr.	174	176/50.1	335	0.71	0.00 %	5.10 %	351 %	10.0
Bilcare Ltd	149 Cr.	63.1	116/50.0		193	0.00 %	1.10 %	5.58 %	10.0
Apt Packaging Ltd	194 Cr.	164	198/55.6	202	13.1	0.00 %	5.86 %	%	10.0
Industry Average	1,806.90 Cr	315.50		44.19	189.00	0.33%	12.76%	24.70%	7.38

All Competitor Stocks of Ecoplast Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	23.29	26.85	25.43	29.95	28.40	29.66	30.40	30.35	33.39	32.45	34.33	35.73	36.07
Expenses	21.59	23.71	22.83	26.08	25.61	25.96	27.45	27.73	30.01	29.14	31.44	32.55	33.47
Operating Profit	1.70	3.14	2.60	3.87	2.79	3.70	2.95	2.62	3.38	3.31	2.89	3.18	2.60
OPM %	7.30%	11.69%	10.22%	12.92%	9.82%	12.47%	9.70%	8.63%	10.12%	10.20%	8.42%	8.90%	7.21%
Other Income	0.21	2.42	0.59	0.36	0.42	0.61	1.07	0.41	0.44	0.75	0.95	0.72	0.50
Interest	0.23	0.11	0.07	0.09	0.05	0.12	0.07	0.07	0.08	0.17	0.10	0.15	0.16
Depreciation	0.56	0.56	0.58	0.60	0.64	0.65	0.65	0.63	0.88	0.90	0.94	0.97	0.99
Profit before tax	1.12	4.89	2.54	3.54	2.52	3.54	3.30	2.33	2.86	2.99	2.80	2.78	1.95
Tax %	18.75%	32.31%	29.92%	20.34%	26.98%	22.60%	21.82%	24.89%	25.52%	33.11%	25.71%	27.70%	28.21%
Net Profit	0.90	3.31	1.78	2.81	1.85	2.74	2.58	1.75	2.12	2.00	2.08	2.02	1.41
EPS in Rs	3.00	11.03	5.93	9.37	6.17	9.13	8.60	5.83	7.07	5.79	6.02	5.85	4.08

Last Updated: March 3, 2026, 10:10 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 4:40 am

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	TTM
Sales	88	100	102	105	104	102	99	76	94	96	113	127	139
Expenses	82	94	95	98	97	95	92	72	94	91	100	114	127
Operating Profit	6	6	7	7	7	7	7	3	1	6	13	12	12
OPM %	7%	6%	7%	7%	7%	7%	7%	4%	1%	6%	11%	10%	9%
Other Income	0	0	0	1	2	1	1	1	0	4	2	3	3
Interest	2	2	2	2	2	2	1	1	1	1	0	0	1
Depreciation	2	2	2	2	2	2	2	3	3	2	2	3	4
Profit before tax	3	2	4	4	5	4	5	0	-3	6	12	11	11
Tax %	33%	36%	33%	23%	33%	19%	31%	31%	-32%	28%	24%	26%
Net Profit	2	1	3	3	4	3	4	0	-2	4	9	8	8
EPS in Rs	5.63	4.70	9.13	9.87	11.70	9.63	11.77	0.67	-5.90	14.83	30.57	24.49	21.74
Dividend Payout %	21%	26%	16%	12%	13%	16%	13%	0%	0%	10%	10%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-50.00%	200.00%	0.00%	33.33%	-25.00%	33.33%	-100.00%	300.00%	125.00%	-11.11%
Change in YoY Net Profit Growth (%)	0.00%	250.00%	-200.00%	33.33%	-58.33%	58.33%	-133.33%	400.00%	-175.00%	-136.11%

Ecoplast Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	2%
5 Years:	5%
3 Years:	10%
TTM:	10%

Compounded Profit Growth
10 Years:	20%
5 Years:	19%
3 Years:	98%
TTM:	-20%

Stock Price CAGR
10 Years:	25%
5 Years:	44%
3 Years:	91%
1 Year:	-12%

Return on Equity
10 Years:	11%
5 Years:	10%
3 Years:	16%
Last Year:	15%

Last Updated: September 5, 2025, 3:21 pm

Balance Sheet

Last Updated: February 1, 2026, 2:43 am

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	Sep 2025
Equity Capital	3	3	3	3	3	3	3	3	3	3	3	3	3
Reserves	15	16	19	21	24	26	29	29	26	30	39	71	75
Borrowings	17	14	12	15	10	9	13	9	14	1	1	1	3
Other Liabilities	14	12	12	13	12	10	10	11	12	9	12	13	12
Total Liabilities	49	46	45	52	49	48	54	51	55	44	55	87	93
Fixed Assets	15	14	14	16	15	14	18	17	16	15	16	25	29
CWIP	0	0	0	0	0	1	1	1	0	0	0	1	4
Investments	0	0	0	0	0	0	0	0	0	0	0	18	4
Other Assets	33	31	31	36	34	34	36	34	39	29	38	44	57
Total Assets	49	46	45	52	49	48	54	51	55	44	55	87	93

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 +	2	5	6	4	7	5	6	9	-2	15	13	5
Cash from Investing Activity +	-1	-1	-2	-4	-0	-2	-8	-1	-2	1	-3	-28
Cash from Financing Activity +	-1	-5	-5	1	-6	-3	2	-7	4	-14	-2	23
Net Cash Flow	1	-1	0	0	1	-1	-0	0	1	2	7	-0
Free Cash Flow	1	4	5	-1	6	2	-2	7	-4	15	9	-6
CFO/OP	49%	105%	107%	62%	127%	89%	109%	264%	-359%	278%	119%	64%

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	-11.00	-8.00	-5.00	-8.00	-3.00	-2.00	-6.00	-6.00	-13.00	5.00	12.00	11.00

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 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	73	66	63	71	61	61	77	97	78	45	34	46
Inventory Days	64	48	51	57	60	61	58	70	68	56	64	65
Days Payable	56	43	45	49	42	39	42	58	39	34	44	42
Cash Conversion Cycle	81	71	68	79	78	83	92	109	106	67	54	69
Working Capital Days	21	33	36	39	44	52	61	91	49	61	50	114
ROCE %	14%	13%	17%	16%	18%	13%	14%	3%	-3%	13%	32%	20%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	68.40%	68.71%	68.71%	68.71%	68.71%	68.71%	68.71%	72.23%	64.84%	64.84%	64.84%	64.84%
Public	31.60%	31.28%	31.29%	31.29%	31.30%	31.30%	31.29%	27.77%	35.16%	35.16%	35.17%	35.16%
No. of Shareholders	2,060	2,094	2,090	2,485	2,721	2,866	3,374	3,335	3,369	3,563	3,687	3,556

Shareholding Pattern Chart

No. of Shareholders

Ecoplast Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	27.81	30.58	14.82	-5.83	0.68
Diluted EPS (Rs.)	27.81	30.58	14.82	-5.83	0.68
Cash EPS (Rs.)	33.32	38.85	22.99	3.04	9.78
Book Value[Excl.RevalReserv]/Share (Rs.)	215.20	139.86	111.02	99.08	105.82
Book Value[Incl.RevalReserv]/Share (Rs.)	215.20	139.86	111.02	99.08	105.82
Revenue From Operations / Share (Rs.)	366.45	378.14	320.76	313.92	252.21
PBDIT / Share (Rs.)	43.23	49.85	31.82	3.87	13.85
PBIT / Share (Rs.)	34.39	41.58	23.64	-5.00	4.74
PBT / Share (Rs.)	33.22	40.46	20.66	-8.54	0.97
Net Profit / Share (Rs.)	24.48	30.58	14.82	-5.83	0.67
NP After MI And SOA / Share (Rs.)	24.48	30.58	14.82	-5.83	0.67
PBDIT Margin (%)	11.79	13.18	9.92	1.23	5.48
PBIT Margin (%)	9.38	10.99	7.37	-1.59	1.88
PBT Margin (%)	9.06	10.69	6.44	-2.71	0.38
Net Profit Margin (%)	6.68	8.08	4.61	-1.85	0.26
NP After MI And SOA Margin (%)	6.68	8.08	4.61	-1.85	0.26
Return on Networth / Equity (%)	11.37	21.86	13.34	-5.88	0.63
Return on Capital Employeed (%)	15.57	28.22	20.34	-4.50	3.77
Return On Assets (%)	9.67	16.78	10.10	-3.20	0.39
Long Term Debt / Equity (X)	0.00	0.00	0.01	0.08	0.14
Total Debt / Equity (X)	0.00	0.01	0.03	0.45	0.17
Asset Turnover Ratio (%)	1.78	2.30	1.95	1.78	1.43
Current Ratio (X)	5.43	3.45	3.05	1.71	2.41
Quick Ratio (X)	4.11	2.25	1.91	1.10	1.66
Inventory Turnover Ratio (X)	9.34	6.29	5.63	6.07	5.06
Dividend Payout Ratio (NP) (%)	0.00	4.90	0.00	0.00	221.67
Dividend Payout Ratio (CP) (%)	0.00	3.86	0.00	0.00	15.33
Earning Retention Ratio (%)	0.00	95.10	0.00	0.00	-121.67
Cash Earning Retention Ratio (%)	0.00	96.14	0.00	0.00	84.67
Interest Coverage Ratio (X)	36.97	44.47	10.66	1.09	3.67
Interest Coverage Ratio (Post Tax) (X)	21.93	28.28	5.97	-0.64	1.18
Enterprise Value (Cr.)	193.54	77.47	22.40	40.92	27.50
EV / Net Operating Revenue (X)	1.53	0.68	0.23	0.43	0.36
EV / EBITDA (X)	12.96	5.18	2.35	35.29	6.62
MarketCap / Net Operating Revenue (X)	1.61	0.76	0.24	0.30	0.29
Retention Ratios (%)	0.00	95.09	0.00	0.00	-121.67
Price / BV (X)	2.73	2.08	0.72	0.95	0.71
Price / Net Operating Revenue (X)	1.61	0.76	0.24	0.30	0.29
EarningsYield	0.04	0.10	0.18	-0.06	0.01

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Ecoplast Ltd. is a Public Limited Listed company incorporated on 07/05/1981 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is L25200GJ1981PLC004375 and registration number is 004375. Currently Company is involved in the business activities of Manufacture of semi-finished of plastic products (plastic plates, sheets, blocks, film, foil, strip etc.). Company's Total Operating Revenue is Rs. 126.59 Cr. and Equity Capital is Rs. 3.45 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Packaging & Containers	National Highway No.8, Water Works Cross Road, Valsad Gujarat 396002	Contact not found

Management
Name	Position Held
Mr. B R Tarafdar	Chairman & Ind.Director
Mr. Jaymin B Desai	Managing Director
Mr. Atul J Baijal	Whole Time Director
Mr. Ravi A Mehta	Whole Time Director
Mr. Aditya N Patel	Whole Time Director
Mr. Charulata N Patel	Non Executive Director
Mr. Jay Ketan Shrof	Non Executive Director
Mr. Dhananjay T Desai	Independent Director
Mr. Monil Vijay Shah	Independent Director

FAQ

What is the intrinsic value of Ecoplast Ltd and is it undervalued?

As of 26 April 2026, Ecoplast Ltd's intrinsic value is ₹492.68, which is 2.22% higher than the current market price of ₹482.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (14.6 %), book value (₹227), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Ecoplast Ltd?

Ecoplast Ltd is trading at ₹482.00 as of 26 April 2026, with a FY2026-2027 high of ₹773 and low of ₹392. The stock is currently near its 52-week low. Market cap stands at ₹167 Cr..

How does Ecoplast Ltd's P/E ratio compare to its industry?

Ecoplast Ltd has a P/E ratio of 22.2, which is below the industry average of 44.19. This is broadly in line with or below the industry average.

Is Ecoplast Ltd financially healthy?

Key indicators for Ecoplast Ltd: ROCE of 20.2 % indicates efficient capital utilization. Dividend yield is 0.00 %.

Is Ecoplast Ltd profitable and how is the profit trend?

Ecoplast Ltd reported a net profit of ₹8 Cr in Mar 2025 on revenue of ₹127 Cr. Compared to ₹-2 Cr in Mar 2022, the net profit shows an improving trend.

Does Ecoplast Ltd pay dividends?

Ecoplast Ltd has a dividend yield of 0.00 % at the current price of ₹482.00. The company is currently not paying meaningful dividends.