Solve Plastic Products (NSEI:BALCO) - Stock Price, News & Analysis

BALCO Stock Overview

Manufactures and markets a range of unplasticized polyvinyl chloride (uPVC) pipes and rigid PVC electrical conduits in India.

About the company

BALCO fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	2/6
Financial Health	2/6
Dividends	0/6

Rewards

Price-To-Earnings ratio (25.4x) is below the Indian market (34.3x)

Risk Analysis

Interest payments are not well covered by earnings

Revenue has declined by 24% over the past year

Does not have a meaningful market cap (₹361M)

Shares are highly illiquid

Solve Plastic Products Limited Competitors

Triveni Glass

BSE:502281

₹257.6m

Ashish Polyplast

BSE:530429

₹236.4m

EP Biocomposites

BSE:543595

₹300.1m

Solid Stone

BSE:513699

₹183.4m

Price History & Performance

Summary of all time highs, changes and price drops for Solve Plastic Products
Historical stock prices
Current Share Price	₹82.75
52 Week High	₹112.45
52 Week Low	₹82.75
Beta	0
11 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-22.74%

Recent updates

Shareholder Returns

	BALCO	IN Building	IN Market
7D	-22.6%	-1.4%	1.0%
1Y	n/a	21.6%	44.7%

Return vs Industry: Insufficient data to determine how BALCO performed against the Indian Building industry.

Return vs Market: Insufficient data to determine how BALCO performed against the Indian Market.

Price Volatility

Is BALCO's price volatile compared to industry and market?
BALCO volatility
BALCO Average Weekly Movement	n/a
Building Industry Average Movement	6.3%
Market Average Movement	6.8%
10% most volatile stocks in IN Market	9.8%
10% least volatile stocks in IN Market	4.4%

Stable Share Price: BALCO's share price has been volatile over the past 3 months.

Volatility Over Time: Insufficient data to determine BALCO's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1994	180	Sudheer Kumar Nair	www.balcopipes.com

Solve Plastic Products Limited manufactures and markets a range of unplasticized polyvinyl chloride (uPVC) pipes and rigid PVC electrical conduits in India. It also provides garden and suction hoses, solvent cement, water tanks, and rigid PVC electric conduits fittings. The company markets its products under the BALCOPIPES brand name.

Solve Plastic Products Limited Fundamentals Summary

How do Solve Plastic Products's earnings and revenue compare to its market cap?
BALCO fundamental statistics
Market cap	₹361.47m
Earnings (TTM)	₹14.25m
Revenue (TTM)	₹461.91m

25.4x

P/E Ratio

0.8x

P/S Ratio

Is BALCO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BALCO income statement (TTM)
Revenue	₹461.91m
Cost of Revenue	₹309.78m
Gross Profit	₹152.14m
Other Expenses	₹137.89m
Earnings	₹14.25m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	3.26
Gross Margin	32.94%
Net Profit Margin	3.08%
Debt/Equity Ratio	282.8%

How did BALCO perform over the long term?

See historical performance and comparison

Solve Plastic Products NSEI:BALCO Stock Report