MPL Plastics Ltd: Intrinsic Value & Share Price Analysis

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

As of 17 April 2026, MPL Plastics Ltd's intrinsic value is 12.22, which is 106.07% higher than the current market price of 5.93, suggesting the stock is undervalued. Calculated using the PE ratio method factoring in ROE (%), book value (3.04), dividend yield (0.00 %), and 5-year EPS CAGR.

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

MPL Plastics Ltd is trading at 5.93 as of 17 April 2026, with a FY2026-2027 high of 11.9 and low of 5.28. The stock is currently near its 52-week low. Market cap stands at 7.41 Cr..

Q: Is MPL Plastics Ltd financially healthy?

Key indicators: ROCE of 4,800 % is on the lower side. Dividend yield is 0.00 %.

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

MPL Plastics Ltd reported a net profit of 0 Cr in Mar 2025. Compared to 163 Cr in Mar 2022, the net profit shows a declining trend.

Fair Value

₹5.58Fairly Valued by 5.90%vs CMP ₹5.93

P/E (15.0) × ROE (15.0%) × BV (₹3.04) × DY (2.00%)

Defaults: P/E=15, ROE=15%

₹12.22Undervalued by 106.07%vs CMP ₹5.93

MoS: +51.5% (Strong)Confidence: 28/100 (Low)Models: 1 Under, 1 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹2.10	56%	Over (-64.6%)
Earnings Power	Earnings	₹24.87	44%	Under (+319.4%)
Consensus (2 models)		₹12.22	100%	Undervalued

Key Drivers: EPS CAGR -62.3% drags value — could be higher if earnings stabilize.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -62.3% · Defaults: P/E=15, ROE=15%

*Investments are subject to market risks

Investment Snapshot

MPL Plastics Ltd scores 56/100 (Average)

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

Stock Health55/100 · Moderate

ROCE 4,800.0% ExcellentROE 0.0% WeakD/E -1.02 Low debtInterest Coverage 0.0x RiskyProfitable 3/5 years Mixed

Smart Money50/100 · Moderate

Promoter holding at 24.0% Stable

Earnings Quality65/100 · Strong

OPM expanding (-8,650% → 0%) Improving

Quarterly Momentum40/100 · Moderate

Profit (4Q): -105% YoY Declining

Industry Rank65/100 · Strong

ROCE 4,800.0% vs industry 357.7% Above peers

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 2, 2026, 4:51 am

Market Cap	7.41 Cr.
Current Price	5.93
Intrinsic Value	₹12.22
High / Low	11.9/5.28
Stock P/E
Book Value	3.04
Dividend Yield	0.00 %
ROCE	4,800 %
ROE	%
Face Value	10.0
PEG Ratio	0.00

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for MPL Plastics Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
MPL Plastics Ltd	7.41 Cr.	5.93	11.9/5.28		3.04	0.00 %	4,800 %	%	10.0
Hawkins Cookers Ltd	3,937 Cr.	7,443	9,900/7,026	31.3	704	1.75 %	40.9 %	32.0 %	10.0
Harsha Engineers International Ltd	3,012 Cr.	331	452/311	21.2	147	0.30 %	13.5 %	6.11 %	10.0
Gorani Industries Ltd	24.4 Cr.	45.6	126/44.1	26.6	25.5	0.00 %	9.70 %	6.68 %	10.0
Eureka Forbes Ltd	8,887 Cr.	460	668/355	45.5	232	0.00 %	5.04 %	3.69 %	10.0
Industry Average	8,535.55 Cr	1,270.20		44.45	210.90	0.53%	357.66%	11.88%	6.57

All Competitor Stocks of MPL Plastics 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	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Expenses	0.28	1.08	0.20	0.21	0.16	0.71	0.09	0.11	0.15	0.20	0.15	0.13	0.12
Operating Profit	-0.28	-1.07	-0.20	-0.21	-0.16	-0.71	-0.09	-0.11	-0.15	-0.20	-0.15	-0.13	-0.12
OPM %		-10,700.00%
Other Income	0.51	1.81	0.00	0.00	0.43	12.15	0.01	0.00	0.00	0.06	0.00	0.01	0.06
Interest	0.00	0.01	0.00	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.03	0.03	0.03	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	0.20	0.70	-0.23	-0.22	0.26	11.44	-0.08	-0.11	-0.15	-0.14	-0.15	-0.12	-0.06
Tax %	0.00%	-465.71%	0.00%	0.00%	0.00%	19.06%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Profit	0.20	3.96	-0.23	-0.22	0.26	9.26	-0.08	-0.11	-0.15	-0.14	-0.15	-0.12	-0.06
EPS in Rs	0.16	3.17	-0.18	-0.18	0.21	7.41	-0.06	-0.09	-0.12	-0.11	-0.12	-0.10	-0.05

Last Updated: March 3, 2026, 8:16 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 16, 2026, 5:14 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	TTM
Sales	44.74	45.02	31.11	21.26	22.09	6.06	4.05	0.03	0.00	0.01	0.00	0.00	0.00
Expenses	45.28	43.10	28.29	19.84	21.70	8.55	6.56	0.76	5.68	1.74	1.28	0.55	0.60
Operating Profit	-0.54	1.92	2.82	1.42	0.39	-2.49	-2.51	-0.73	-5.68	-1.73	-1.28	-0.55	-0.60
OPM %	-1.21%	4.26%	9.06%	6.68%	1.77%	-41.09%	-61.98%	-2,433.33%		-17,300.00%
Other Income	6.20	0.03	0.11	0.08	0.02	-0.42	0.40	0.28	182.99	2.70	12.58	0.07	0.13
Interest	0.26	0.26	0.40	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.01	0.00	0.00
Depreciation	0.34	0.56	0.36	0.31	0.24	0.23	0.21	0.22	0.11	0.10	0.04	0.00	0.00
Profit before tax	5.06	1.13	2.17	1.19	0.17	-3.14	-2.32	-0.67	177.20	0.86	11.25	-0.48	-0.47
Tax %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	7.81%	-379.07%	19.38%	0.00%
Net Profit	5.06	1.13	2.17	1.19	0.17	-3.14	-2.32	-0.67	163.36	4.12	9.07	-0.48	-0.47
EPS in Rs	4.05	0.90	1.74	0.95	0.14	-2.51	-1.86	-0.54	130.70	3.30	7.26	-0.38	-0.38
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

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 (%)	-77.67%	92.04%	-45.16%	-85.71%	-1947.06%	26.11%	71.12%	24482.09%	-97.48%	120.15%	-105.29%
Change in YoY Net Profit Growth (%)	0.00%	169.70%	-137.20%	-40.55%	-1861.34%	1973.17%	45.01%	24410.97%	-24579.57%	217.62%	-225.44%

MPL Plastics 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 Years:	%
3 Years:	%
TTM:	%

Compounded Profit Growth
10 Years:	%
5 Years:	12%
3 Years:	24%
TTM:	-106%

Stock Price CAGR
10 Years:	-7%
5 Years:	16%
3 Years:	-16%
1 Year:	-33%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	%

Last Updated: September 5, 2025, 3:51 pm

Balance Sheet

Last Updated: December 4, 2025, 3:07 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	12.50	12.50	12.50	12.50	12.50	12.50	12.50	12.50	12.50	12.50	12.50	12.50	12.50
Reserves	-190.33	-189.20	-187.02	-186.16	-185.97	-189.13	-191.54	-192.12	-28.76	-24.63	-15.55	-16.03	-16.30
Borrowings	214.94	184.42	182.47	182.47	182.47	182.47	182.47	182.47	1.17	1.49	3.15	3.45	3.74
Other Liabilities	11.73	8.85	8.35	7.51	8.24	4.97	3.94	3.97	19.43	14.89	2.40	2.40	2.40
Total Liabilities	48.84	16.57	16.30	16.32	17.24	10.81	7.37	6.82	4.34	4.25	2.50	2.32	2.34
Fixed Assets	4.36	4.02	3.76	3.46	3.21	2.51	2.18	1.90	1.80	0.91	0.14	0.14	0.14
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	1.45	1.45	1.45	1.30	0.99	0.88	0.90	0.93	0.93	0.96	0.99	1.04	1.04
Other Assets	43.03	11.10	11.09	11.56	13.04	7.42	4.29	3.99	1.61	2.38	1.37	1.14	1.16
Total Assets	48.84	16.57	16.30	16.32	17.24	10.81	7.37	6.82	4.34	4.25	2.50	2.32	2.34

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 +	-5.38	31.07	2.69	-0.28	-0.06	0.04	0.18	-0.25	181.53	-0.28	-15.38	-0.60
Cash from Investing Activity +	6.06	-0.22	-0.09	-0.01	0.02	0.00	0.07	0.04	0.01	0.78	12.81	0.00
Cash from Financing Activity +	-0.81	-30.82	-2.36	0.02	0.02	0.02	0.02	0.03	-181.63	0.31	2.00	0.31
Net Cash Flow	-0.13	0.04	0.24	-0.27	-0.02	0.05	0.27	-0.18	-0.10	0.81	-0.57	-0.29
Free Cash Flow	-5.50	30.85	2.60	-0.29	-0.04	0.04	0.24	-0.21	181.53	0.50	-2.57	-0.60
CFO/OP	996%	1,618%	95%	-20%	-15%	-6%	-12%	42%	-3,196%	16%	1,202%	109%

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	-215.48	-182.50	-179.65	-181.05	-182.08	-184.96	-184.98	-183.20	-6.85	-3.22	-4.43	-4.00

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 2023	Mar 2025
Debtor Days	33.20	16.38	33.56	65.07	120.12	187.32	0.00	0.00	0.00
Inventory Days	79.83	51.01	62.42	79.91		69.52
Days Payable	72.07	56.00	81.92	130.16		808.21
Cash Conversion Cycle	40.97	11.38	14.05	14.82	120.12	-551.37	0.00	0.00	0.00
Working Capital Days	-576.79	-623.47	-876.77	-1,261.88	-1,196.95	-4,514.92	-6,993.58	-944,741.67	-536,185.00
ROCE %	-2.47%	6.20%	32.80%	14.20%	1.91%	-36.12%	-48.76%	-20.70%		-4,800.00%

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	24.01%	24.01%	24.01%	24.01%	24.01%	24.01%	24.01%	24.01%	24.01%	24.01%	24.01%	24.01%
DIIs	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Public	75.99%	75.99%	75.98%	75.98%	75.98%	75.99%	75.99%	75.99%	75.98%	75.99%	75.97%	75.97%
No. of Shareholders	12,264	12,205	12,200	12,339	12,665	13,008	13,374	13,632	13,737	13,692	13,716	13,617

Shareholding Pattern Chart

No. of Shareholders

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

This stock is not held by any mutual fund.

ROCE / ROE 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.)	-0.38	7.26	3.30	130.70	-0.54
Diluted EPS (Rs.)	-0.38	7.26	3.30	130.70	-0.54
Cash EPS (Rs.)	-0.38	7.29	3.38	130.79	-0.36
Book Value[Excl.RevalReserv]/Share (Rs.)	-2.83	-2.44	-9.71	-13.01	-143.72
Book Value[Incl.RevalReserv]/Share (Rs.)	-2.83	-2.44	-9.71	-13.01	-143.72
Revenue From Operations / Share (Rs.)	0.00	0.00	0.01	0.00	0.02
PBDIT / Share (Rs.)	-0.38	8.70	-0.90	-3.76	-0.36
PBIT / Share (Rs.)	-0.38	8.67	-0.99	-3.85	-0.53
PBT / Share (Rs.)	-0.38	8.66	0.68	142.15	-0.53
Net Profit / Share (Rs.)	-0.38	7.26	3.30	130.70	-0.53
PBDIT Margin (%)	0.00	0.00	-8116.42	0.00	-1420.00
PBIT Margin (%)	0.00	0.00	-8860.71	0.00	-2095.93
PBT Margin (%)	0.00	0.00	6134.28	0.00	-2097.18
Net Profit Margin (%)	0.00	0.00	29448.57	0.00	-2097.18
Return on Networth / Equity (%)	0.00	-297.12	-33.98	-1004.64	0.00
Return on Capital Employeed (%)	17.20	-474.15	10.91	31.80	0.90
Return On Assets (%)	-20.48	362.89	97.07	3769.88	-9.83
Long Term Debt / Equity (X)	0.00	0.00	0.00	0.00	-0.57
Total Debt / Equity (X)	-0.97	-1.03	-0.09	-0.05	-1.02
Current Ratio (X)	0.17	0.20	0.12	0.06	0.04
Quick Ratio (X)	0.17	0.20	0.12	0.06	0.04
Interest Coverage Ratio (X)	-528.33	876.78	-90.18	-2766.29	-1136.00
Interest Coverage Ratio (Post Tax) (X)	-528.33	698.06	160.60	-10969.53	-1676.75
Enterprise Value (Cr.)	15.33	21.80	17.55	8.54	188.43
EV / Net Operating Revenue (X)	0.00	0.00	1253.66	0.00	5888.59
EV / EBITDA (X)	-32.24	2.01	-15.45	-1.82	-414.69
MarketCap / Net Operating Revenue (X)	0.00	0.00	1250.74	0.00	203.10
Price / BV (X)	-3.44	-6.29	-1.44	-0.49	-0.03
Price / Net Operating Revenue (X)	0.00	0.00	1273.64	0.00	208.00
EarningsYield	-0.03	0.47	0.23	20.36	-0.10

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

MPL Plastics Ltd. is a Public Limited Listed company incorporated on 01/05/1992 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L25209MH1992PLC066635 and registration number is 066635. Currently Company is involved in the business activities of Manufacture of rubber and plastics products. Company's Total Operating Revenue is Rs. 0.00 Cr. and Equity Capital is Rs. 12.50 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Domestic Appliances	2, Ashish Warehouse Corporation, Thane District Maharashtra 401104	Contact not found

Management
Name	Position Held
Mr. Madhup Bansilal Vaghani	Chairman & Wholetime Director
Mr. Gopal Ajay Malpani	Ind. Non-Executive Director
Mrs. Radhika Sameer Rane	Non-Exe. Non Independent Woman Director
Mr. Devendra Kumar Negi	Ind. Non-Executive Director

FAQ

What is the intrinsic value of MPL Plastics Ltd and is it undervalued?

As of 17 April 2026, MPL Plastics Ltd's intrinsic value is ₹12.22, which is 106.07% higher than the current market price of ₹5.93, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (%), book value (₹3.04), dividend yield (0.00 %), and 5-year EPS CAGR.

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

MPL Plastics Ltd is trading at ₹5.93 as of 17 April 2026, with a FY2026-2027 high of ₹11.9 and low of ₹5.28. The stock is currently near its 52-week low. Market cap stands at ₹7.41 Cr..

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

MPL Plastics Ltd has a P/E ratio of , which is below the industry average of 44.45. This is broadly in line with or below the industry average.

Is MPL Plastics Ltd financially healthy?

Key indicators for MPL Plastics Ltd: ROCE of 4,800 % is on the lower side compared to the industry average of 357.66%; ROE of % is below ideal levels (industry average: 11.88%). Dividend yield is 0.00 %.

Is MPL Plastics Ltd profitable and how is the profit trend?

MPL Plastics Ltd reported a net profit of ₹0 Cr in Mar 2025. Compared to ₹163 Cr in Mar 2022, the net profit shows a declining trend.

Does MPL Plastics Ltd pay dividends?

MPL Plastics Ltd has a dividend yield of 0.00 % at the current price of ₹5.93. The company is currently not paying meaningful dividends.