Reported Earnings • May 24
Full year 2026 earnings released: EPS: ₹4.65 (vs ₹5.65 in FY 2025) Full year 2026 results: EPS: ₹4.65 (down from ₹5.65 in FY 2025). Revenue: ₹4.20b (up 46% from FY 2025). Net income: ₹277.8m (down 11% from FY 2025). Profit margin: 6.6% (down from 11% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 11
Captain Polyplast Limited to Report Q4, 2026 Results on May 23, 2026 Captain Polyplast Limited announced that they will report Q4, 2026 results at 9:15 AM, Indian Standard Time on May 23, 2026 Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹70.00, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 23x in the Machinery industry in India. Total returns to shareholders of 285% over the past three years. Reported Earnings • Feb 09
Third quarter 2026 earnings released: EPS: ₹1.59 (vs ₹1.21 in 3Q 2025) Third quarter 2026 results: EPS: ₹1.59 (up from ₹1.21 in 3Q 2025). Revenue: ₹1.27b (up 41% from 3Q 2025). Net income: ₹94.8m (up 41% from 3Q 2025). Profit margin: 7.4% (down from 7.5% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 54% per year whereas the company’s share price has increased by 55% per year. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹77.21, the stock trades at a trailing P/E ratio of 22.8x. Average trailing P/E is 25x in the Machinery industry in India. Total returns to shareholders of 269% over the past three years. Announcement • Jan 26
Captain Polyplast Limited to Report Q3, 2026 Results on Feb 07, 2026 Captain Polyplast Limited announced that they will report Q3, 2026 results at 9:15 AM, Indian Standard Time on Feb 07, 2026 New Risk • Dec 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Profit margins are more than 30% lower than last year (6.4% net profit margin). Market cap is less than US$100m (₹4.77b market cap, or US$52.9m). Reported Earnings • Nov 09
Second quarter 2026 earnings released: EPS: ₹0.71 (vs ₹2.94 in 2Q 2025) Second quarter 2026 results: EPS: ₹0.71 (down from ₹2.94 in 2Q 2025). Revenue: ₹800.9m (up 50% from 2Q 2025). Net income: ₹42.4m (down 74% from 2Q 2025). Profit margin: 5.3% (down from 31% in 2Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has increased by 73% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 28
Captain Polyplast Limited to Report Q2, 2026 Results on Nov 08, 2025 Captain Polyplast Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Nov 08, 2025 Valuation Update With 7 Day Price Move • Oct 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹74.89, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 32x in the Machinery industry in India. Total returns to shareholders of 350% over the past three years. Announcement • Oct 01
Captain Polyplast Limited Announces Regularisation of Mita Mardiya as an Independent Director Captain Polyplast Limited announced Regularisation Of Additional Director Mrs. Mita Mardiya As An Independent Director of the company, at the AGM held on September 30, 2025. Announcement • Sep 08
Captain Polyplast Limited, Annual General Meeting, Sep 30, 2025 Captain Polyplast Limited, Annual General Meeting, Sep 30, 2025, at 13:00 Indian Standard Time. Reported Earnings • Aug 09
First quarter 2026 earnings released: EPS: ₹0.73 (vs ₹0.61 in 1Q 2025) First quarter 2026 results: EPS: ₹0.73 (up from ₹0.61 in 1Q 2025). Revenue: ₹702.2m (up 8.2% from 1Q 2025). Net income: ₹43.0m (up 34% from 1Q 2025). Profit margin: 6.1% (up from 4.9% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 68% per year whereas the company’s share price has increased by 67% per year. Announcement • Jul 30
Captain Polyplast Limited to Report Q1, 2026 Results on Aug 08, 2025 Captain Polyplast Limited announced that they will report Q1, 2026 results on Aug 08, 2025 Announcement • Jun 24
Captain Polyplast Limited Announces Resignation of Anjanaben Paghdar as Non-Executive Director and Membership in Various Committees, Effective June 24, 2025 The board of directors of Captain Polyplast Limited at its meeting held on June 24, 2025, approved the resignation of Mrs. Anjanaben Paghdar as Non- Executive Independent Director of the Company with effect from June 24, 2025 along with her membership in various Committees, where she is a member owing to her completion of two term of five years as independent director in company. Reported Earnings • May 11
Full year 2025 earnings released: EPS: ₹5.65 (vs ₹3.36 in FY 2024) Full year 2025 results: EPS: ₹5.65 (up from ₹3.36 in FY 2024). Revenue: ₹2.90b (down 1.5% from FY 2024). Net income: ₹313.2m (up 76% from FY 2024). Profit margin: 11% (up from 6.0% in FY 2024). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth. Announcement • May 05
Captain Polyplast Limited announced that it expects to receive INR 115.02 million in funding Captain Polyplast Limited announces a private placement to issue 2,130,000 equity shares at a price of INR 54 for gross proceeds of INR 115,020,000 on May 3, 2025. Captain Technocast Ltd, Captain Pipes Ltd, Captain Plastics Pvt Ltd, Bhartiba Gajendrasinh Jadeja, Yug Rajeshbhai Kaneriya, Vijaykumar Jamnadas Kaneriya acting as allottes. Announcement • May 01
Captain Polyplast Limited to Report Q4, 2025 Results on May 10, 2025 Captain Polyplast Limited announced that they will report Q4, 2025 results at 12:15 PM, Indian Standard Time on May 10, 2025 Reported Earnings • Feb 01
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: ₹909.0m (up 10.0% from 3Q 2024). Net income: ₹67.3m (up 28% from 3Q 2024). Profit margin: 7.4% (up from 6.4% in 3Q 2024). Announcement • Jan 23
Captain Polyplast Limited to Report Q3, 2025 Results on Jan 30, 2025 Captain Polyplast Limited announced that they will report Q3, 2025 results on Jan 30, 2025 Board Change • Dec 30
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Independent Director Lalji Vekariya was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Dec 24
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹95.91, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 38x in the Machinery industry in India. Total returns to shareholders of 381% over the past three years. New Risk • Dec 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (20% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Shareholders have been diluted in the past year (9.9% increase in shares outstanding). Market cap is less than US$100m (₹5.16b market cap, or US$60.6m). Valuation Update With 7 Day Price Move • Dec 10
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹83.48, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 40x in the Machinery industry in India. Total returns to shareholders of 225% over the past three years. Reported Earnings • Nov 16
Second quarter 2025 earnings released: EPS: ₹2.94 (vs ₹0.74 in 2Q 2024) Second quarter 2025 results: EPS: ₹2.94 (up from ₹0.74 in 2Q 2024). Revenue: ₹539.2m (down 23% from 2Q 2024). Net income: ₹162.7m (up 373% from 2Q 2024). Profit margin: 30% (up from 4.9% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Announcement • Oct 26
Captain Polyplast Limited to Report Q2, 2025 Results on Nov 13, 2024 Captain Polyplast Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Announcement • Sep 13
Captain Polyplast Limited, Annual General Meeting, Sep 30, 2024 Captain Polyplast Limited, Annual General Meeting, Sep 30, 2024, at 16:00 Indian Standard Time. Reported Earnings • Aug 15
First quarter 2025 earnings released: EPS: ₹0.61 (vs ₹0.76 in 1Q 2024) First quarter 2025 results: EPS: ₹0.61 (down from ₹0.76 in 1Q 2024). Revenue: ₹656.7m (down 9.6% from 1Q 2024). Net income: ₹32.0m (down 15% from 1Q 2024). Profit margin: 4.9% (down from 5.2% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. New Risk • Aug 14
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Earnings have declined by 0.8% per year over the past 5 years. High level of non-cash earnings (21% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Shareholders have been diluted in the past year (9.9% increase in shares outstanding). Market cap is less than US$100m (₹3.41b market cap, or US$40.6m). Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment improves as stock rises 32% After last week's 32% share price gain to ₹72.68, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 40x in the Machinery industry in India. Total returns to shareholders of 168% over the past three years. Announcement • Aug 05
Captain Polyplast Limited to Report Q1, 2025 Results on Aug 14, 2024 Captain Polyplast Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹47.33, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 40x in the Machinery industry in India. Total returns to shareholders of 18% over the past three years. Announcement • May 17
Captain Polyplast Limited to Report Q4, 2024 Results on May 25, 2024 Captain Polyplast Limited announced that they will report Q4, 2024 results at 3:30 PM, Indian Standard Time on May 25, 2024 Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹59.35, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 34x in the Machinery industry in India. Total returns to shareholders of 40% over the past three years. New Risk • Feb 15
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Earnings have declined by 5.0% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (5.0% increase in shares outstanding). Market cap is less than US$100m (₹2.61b market cap, or US$31.4m). Reported Earnings • Feb 13
Third quarter 2024 earnings released: EPS: ₹0.98 (vs ₹0.50 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.98 (up from ₹0.50 in 3Q 2023). Revenue: ₹840.9m (up 17% from 3Q 2023). Net income: ₹52.6m (up 103% from 3Q 2023). Profit margin: 6.3% (up from 3.6% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Feb 01
Captain Polyplast Limited to Report Q3, 2024 Results on Feb 12, 2024 Captain Polyplast Limited announced that they will report Q3, 2024 results on Feb 12, 2024 Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹50.10, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 34x in the Machinery industry in India. Total returns to shareholders of 26% over the past three years. Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹36.01, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 33x in the Machinery industry in India. Total returns to shareholders of 6.5% over the past three years. New Risk • Nov 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Earnings have declined by 9.9% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (₹1.52b market cap, or US$18.2m). Valuation Update With 7 Day Price Move • Nov 02
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹27.90, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 31x in the Machinery industry in India. Total loss to shareholders of 9.9% over the past three years. Announcement • Oct 29
Captain Polyplast Limited to Report Q2, 2024 Results on Nov 08, 2023 Captain Polyplast Limited announced that they will report Q2, 2024 results on Nov 08, 2023 Announcement • Sep 06
Captain Polyplast Limited Announces Resignation of Harshadray Lalchand Patel, Independent Director Captain Polyplast Limited approved Resignation of Mr. Harshadray Lalchand Patel, Independent Director at its board meeting held on September 04, 2023. Approved the reconstitution of the following Committees of the Board of Directorseffective from 04th September, 2023. The Audit Committee includes Mr. Lalji Gordhanbhai Vekariya Chairman Non-Executive Independent Director, Mr. Ramesh D. Khichadia Member Managing Director, Executive Non Independent Director and Mrs. Anjana P. Paghadar Member Non-Executive Independent Director. The Nomination & Remuneration Committee includes Mr. Prabhulal N. Rabadia Chairman Non-Executive Independent Director, Mrs. Anjana P. Paghadar Member Non-Executive Independent Director and Mr. Lalji Gordhanbhai Vekariya Member Non-Executive Independent Director. The Stakeholder Relationship Committee includes Mrs. Anjana P. Paghadar Member Non-Executive Independent Director, Mr. Lalji Gordhanbhai Vekariya Member Non-Executive Independent Director and Mr. Ritesh R. Khichadia Member Whole time Director, Executive Non Independent Director. Announcement • Sep 05
Captain Polyplast Limited, Annual General Meeting, Sep 30, 2023 Captain Polyplast Limited, Annual General Meeting, Sep 30, 2023, at 16:00 Indian Standard Time. Agenda: To Receive, Consider and Adopt the Audited Financial Statements (Standalone & consolidated) for the Financial Year Ended March 31, 2023, together with the Reports of the Board of Directors and Auditors thereon; to consider appointment and remuneration of cost auditor; and to consider other matters. Reported Earnings • Aug 16
First quarter 2024 earnings released: EPS: ₹0.76 (vs ₹0.05 in 1Q 2023) First quarter 2024 results: EPS: ₹0.76 (up from ₹0.05 in 1Q 2023). Revenue: ₹734.2m (up 81% from 1Q 2023). Net income: ₹37.8m (up ₹34.9m from 1Q 2023). Profit margin: 5.1% (up from 0.7% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Announcement • Aug 08
Captain Polyplast Limited to Report Q1, 2024 Results on Aug 14, 2023 Captain Polyplast Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Board Change • Aug 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Whole Time Director Riteshbhai Khichadia was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 13
Captain Polyplast Limited to Report Fiscal Year 2023 Results on May 25, 2023 Captain Polyplast Limited announced that they will report fiscal year 2023 results on May 25, 2023 Reported Earnings • Feb 08
Third quarter 2023 earnings released: EPS: ₹0.54 (vs ₹0.08 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.54 (up from ₹0.08 in 3Q 2022). Revenue: ₹745.3m (up 71% from 3Q 2022). Net income: ₹25.9m (up ₹22.1m from 3Q 2022). Profit margin: 3.5% (up from 0.9% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Buying Opportunity • Feb 02
Now 24% undervalued Over the last 90 days, the stock is up 21%. The fair value is estimated to be ₹24.69, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 51%. Announcement • Jan 25
Captain Polyplast Limited to Report Q3, 2023 Results on Feb 07, 2023 Captain Polyplast Limited announced that they will report Q3, 2023 results on Feb 07, 2023 Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹20.50, the stock trades at a trailing P/E ratio of 48.7x. Average trailing P/E is 26x in the Machinery industry in India. Total loss to shareholders of 31% over the past three years. Announcement • Nov 05
Captain Polyplast Limited to Report Q2, 2023 Results on Nov 12, 2022 Captain Polyplast Limited announced that they will report Q2, 2023 results on Nov 12, 2022 Announcement • Sep 08
Captain Polyplast Limited, Annual General Meeting, Sep 30, 2022 Captain Polyplast Limited, Annual General Meeting, Sep 30, 2022, at 12:00 Indian Standard Time. Agenda: To Consider and Adopt the Audited Financial Statements for the Financial Year Ended March 31, 2022, together with the Reports of the Board of Directors and Auditors thereon; to appoint a Director in place of Mr. RITESH R. KHICHADIA (DIN: 07617630); to consider appointment and remuneration on of cost auditor; to consider the appointment of statutory auditor; and such other business issues. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improved over the past week After last week's 17% share price gain to ₹18.80, the stock trades at a trailing P/E ratio of 40x. Average trailing P/E is 26x in the Machinery industry in India. Total loss to shareholders of 26% over the past three years. Reported Earnings • Aug 18
First quarter 2023 earnings released: EPS: ₹0.05 (vs ₹0.15 in 1Q 2022) First quarter 2023 results: EPS: ₹0.05 (down from ₹0.15 in 1Q 2022). Revenue: ₹415.0m (up 7.3% from 1Q 2022). Net income: ₹2.96m (down 57% from 1Q 2022). Profit margin: 0.7% (down from 1.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Reported Earnings • Jun 05
Full year 2022 earnings released: EPS: ₹0.55 (vs ₹1.80 in FY 2021) Full year 2022 results: EPS: ₹0.55 (down from ₹1.80 in FY 2021). Revenue: ₹1.85b (up 4.0% from FY 2021). Net income: ₹27.6m (down 70% from FY 2021). Profit margin: 1.5% (down from 5.1% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Announcement • May 21
Captain Polyplast Limited to Report Q4, 2022 Results on May 28, 2022 Captain Polyplast Limited announced that they will report Q4, 2022 results on May 28, 2022 Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Non-Executive Independent Director Prabhulal Rabadia was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improved over the past week After last week's 17% share price gain to ₹21.10, the stock trades at a trailing P/E ratio of 26.6x. Average trailing P/E is 24x in the Machinery industry in India. Total loss to shareholders of 18% over the past three years. Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.39 (up from ₹0.36 in 3Q 2021). Revenue: ₹440.0m (up 11% from 3Q 2021). Net income: ₹3.81m (down 79% from 3Q 2021). Profit margin: 0.9% (down from 4.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 2% per year. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 15% share price gain to ₹23.05, the stock trades at a trailing P/E ratio of 21.6x. Average trailing P/E is 25x in the Machinery industry in India. Total loss to shareholders of 19% over the past three years. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment deteriorated over the past week After last week's 18% share price decline to ₹21.05, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 23x in the Machinery industry in India. Total loss to shareholders of 22% over the past three years. Valuation Update With 7 Day Price Move • Dec 07
Investor sentiment improved over the past week After last week's 17% share price gain to ₹26.45, the stock trades at a trailing P/E ratio of 24.8x. Average trailing P/E is 21x in the Machinery industry in India. Total loss to shareholders of 3.6% over the past three years. Board Change • Sep 15
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Non-Executive Independent Director Prabhulal Rabadia was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Aug 25
Chairman & MD recently bought ₹84k worth of stock On the 18th of August, Rameshbhai Khichadia bought around 3k shares on-market at roughly ₹28.15 per share. This was the largest purchase by an insider in the last 3 months. This was Rameshbhai's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Aug 10
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹27.75, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 25x in the Machinery industry in India. Total loss to shareholders of 10.0% over the past three years. Reported Earnings • Jun 19
Full year 2021 earnings released: EPS ₹1.84 (vs ₹2.50 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹1.79b (down 3.9% from FY 2020). Net income: ₹90.5m (down 28% from FY 2020). Profit margin: 5.0% (down from 6.8% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improved over the past week After last week's 18% share price gain to ₹45.40, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 24x in the Machinery industry in India. Total returns to shareholders of 43% over the past three years. Reported Earnings • Feb 12
Third quarter 2021 earnings released: EPS ₹0.36 (vs ₹0.94 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹396.9m (down 33% from 3Q 2020). Net income: ₹17.8m (down 63% from 3Q 2020). Profit margin: 4.5% (down from 8.1% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 08
New 90-day high: ₹44.40 The company is up 46% from its price of ₹30.40 on 10 November 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 34% over the same period. Announcement • Feb 03
Captain Polyplast Limited to Report Q3, 2021 Results on Feb 10, 2021 Captain Polyplast Limited announced that they will report Q3, 2021 results on Feb 10, 2021 Is New 90 Day High Low • Dec 28
New 90-day high: ₹35.95 The company is up 17% from its price of ₹30.60 on 29 September 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 19% over the same period. Is New 90 Day High Low • Dec 03
New 90-day high: ₹35.20 The company is up 13% from its price of ₹31.15 on 04 September 2020. The Indian market is also up 13% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Machinery industry, which is up 12% over the same period. Announcement • Nov 03
Captain Polyplast Limited to Report Q2, 2021 Results on Nov 12, 2020 Captain Polyplast Limited announced that they will report Q2, 2021 results on Nov 12, 2020 Is New 90 Day High Low • Oct 07
New 90-day low: ₹27.80 The company is down 25% from its price of ₹37.00 on 09 July 2020. The Indian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 10.0% over the same period. Upcoming Dividend • Sep 23
Upcoming Dividend of ₹0.04 Per Share Will be paid on the 8th of November to those who are registered shareholders by the 30th of September. The trailing yield of 0.1% is below the top quartile of Indian dividend payers (2.3%), and is lower than industry peers (1.4%). 
