BSE:526143

Stock Analysis Report

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Executive Summary

MPL Plastics Limited operates in the plastic industry in India.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has MPL Plastics's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 526143's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-7.2%

526143

4.9%

IN Chemicals

4.3%

IN Market


1 Year Return

-44.1%

526143

-2.3%

IN Chemicals

-20.7%

IN Market

Return vs Industry: 526143 underperformed the Indian Chemicals industry which returned -2.3% over the past year.

Return vs Market: 526143 underperformed the Indian Market which returned -20.7% over the past year.


Shareholder returns

526143IndustryMarket
7 Day-7.2%4.9%4.3%
30 Day-26.0%-1.7%-1.7%
90 Day-25.5%-10.1%-14.4%
1 Year-44.1%-44.1%1.8%-2.3%-19.1%-20.7%
3 Year-85.7%-85.7%19.4%12.3%-9.4%-14.3%
5 Year-85.9%-85.9%100.6%83.4%13.2%2.6%

Price Volatility Vs. Market

How volatile is MPL Plastics's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is MPL Plastics undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether MPL Plastics is trading at an attractive price based on the cash flow it is expected to produce in the future. But as MPL Plastics has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of 526143’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through MPL Plastics regulatory filings.
  • Explore potentially undervalued companies in the Materials industry.

Future Growth

How is MPL Plastics forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.5%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as MPL Plastics has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has MPL Plastics performed over the past 5 years?

-73.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 526143 is currently unprofitable.

Growing Profit Margin: 526143 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 526143 is unprofitable, and losses have increased over the past 5 years at a rate of -73.2% per year.

Accelerating Growth: Unable to compare 526143's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 526143 is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (10.6%).


Return on Equity

High ROE: 526143's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is MPL Plastics's financial position?


Financial Position Analysis

Short Term Liabilities: 526143 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 526143 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 526143 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 526143's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: 526143's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 526143's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is MPL Plastics's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 526143's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 526143's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 526143's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 526143's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 526143's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average board tenure


CEO

Madhup Vaghani (58yo)

no data

Tenure

Mr. Madhup Bansilal Vaghani has been Whole Time Director of MPL Plastics Limited since February 13, 2013 and also serves as its Chairman of the Board since May 29, 2019. 


Board Members

NamePositionTenureCompensationOwnership
Madhup Vaghani
Chairman & Whole-Time Directorno datano data22.84% 8.8m
Viren Bhimani
Independent Non Executive Director8.17yrs₹3.00kno data
Sharad Shukla
Independent Non Executive Director2.42yrs₹1.00kno data
Radhika Rane
Non Executive Director1.75yrsno datano data
Parimal Banerjee
Independent Director1.17yrsno datano data

1.8yrs

Average Tenure

52yo

Average Age

Experienced Board: 526143's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

MPL Plastics Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: MPL Plastics Limited
  • Ticker: 526143
  • Exchange: BSE
  • Founded: 1972
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: ₹38.746m
  • Shares outstanding: 12.50m
  • Website: https://www.mplindia.in

Number of Employees


Location

  • MPL Plastics Limited
  • 2, Ashish Warehouse Corporation
  • Punjab Foundry Industrial Estate
  • Thane
  • Maharashtra
  • 401104
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
526143BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2001

Biography

MPL Plastics Limited operates in the plastic industry in India. It manufactures and sells thermoware products. The company also provides tableware, kitchenware, household, and toilet articles of plastics, including vacuum flasks, casseroles, tiffins, water bottles, water jugs, and other vacuum vessels. MPL Plastics Limited offers its products under the Milton brand. The company was formerly known as Milton Plastics Limited and changed its name to MPL Plastics Limited in November 2014. MPL Plastics Limited was founded in 1972 and is based in Thane, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/31 12:41
End of Day Share Price2020/05/28 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.