Plastiblends India Limited manufactures and sells color and additive masterbatches, and thermoplastic compounds for the plastic processing industry in India.
Price History & Performance
|Historical stock prices|
|Current Share Price||₹241.85|
|52 Week High||₹198.35|
|52 Week Low||₹306.00|
|1 Month Change||-12.25%|
|3 Month Change||-5.25%|
|1 Year Change||17.37%|
|3 Year Change||18.09%|
|5 Year Change||-9.05%|
|Change since IPO||424.48%|
Recent News & Updates
|PLASTIBLEN||IN Chemicals||IN Market|
Return vs Industry: PLASTIBLEN underperformed the Indian Chemicals industry which returned 63.2% over the past year.
Return vs Market: PLASTIBLEN underperformed the Indian Market which returned 61.7% over the past year.
Stable Share Price: PLASTIBLEN is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: PLASTIBLEN's weekly volatility (6%) has been stable over the past year.
About the Company
|1991||479||Satyanarayan Gopilal Kabra||https://www.plastiblends.com|
Plastiblends India Limited manufactures and sells color and additive masterbatches, and thermoplastic compounds for the plastic processing industry in India. The company’s products include white, black, color, additive, filler, and PET masterbatches, as well as conductive compounds. It serves the agriculture, appliance, automotive and transportation, healthcare and pharma, packaging, textiles, and wire and cable markets, as well as electrical, electronics, and telecommunication markets.
Plastiblends India Fundamentals Summary
|PLASTIBLEN fundamental statistics|
Is PLASTIBLEN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|PLASTIBLEN income statement (TTM)|
|Cost of Revenue||₹4.79b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||13.75|
|Net Profit Margin||5.45%|
How did PLASTIBLEN perform over the long term?See historical performance and comparison
1.7%Current Dividend Yield
Is Plastiblends India undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PLASTIBLEN (₹241.85) is trading above our estimate of fair value (₹56.89)
Significantly Below Fair Value: PLASTIBLEN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: PLASTIBLEN is good value based on its PE Ratio (17.6x) compared to the Indian Chemicals industry average (18.1x).
PE vs Market: PLASTIBLEN is good value based on its PE Ratio (17.6x) compared to the Indian market (20.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate PLASTIBLEN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: PLASTIBLEN is good value based on its PB Ratio (1.9x) compared to the IN Chemicals industry average (2.3x).
How is Plastiblends India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Plastiblends India 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.
How has Plastiblends India performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PLASTIBLEN has high quality earnings.
Growing Profit Margin: PLASTIBLEN's current net profit margins (5.4%) are lower than last year (5.8%).
Past Earnings Growth Analysis
Earnings Trend: PLASTIBLEN's earnings have grown by 3.8% per year over the past 5 years.
Accelerating Growth: PLASTIBLEN's earnings growth over the past year (18.3%) exceeds its 5-year average (3.8% per year).
Earnings vs Industry: PLASTIBLEN earnings growth over the past year (18.3%) underperformed the Chemicals industry 45.2%.
Return on Equity
High ROE: PLASTIBLEN's Return on Equity (10.6%) is considered low.
How is Plastiblends India's financial position?
Financial Position Analysis
Short Term Liabilities: PLASTIBLEN's short term assets (₹2.5B) exceed its short term liabilities (₹820.8M).
Long Term Liabilities: PLASTIBLEN's short term assets (₹2.5B) exceed its long term liabilities (₹355.4M).
Debt to Equity History and Analysis
Debt Level: PLASTIBLEN's debt to equity ratio (9.2%) is considered satisfactory.
Reducing Debt: PLASTIBLEN's debt to equity ratio has reduced from 46.6% to 9.2% over the past 5 years.
Debt Coverage: PLASTIBLEN's debt is well covered by operating cash flow (31.5%).
Interest Coverage: PLASTIBLEN's interest payments on its debt are well covered by EBIT (19.4x coverage).
What is Plastiblends India current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: PLASTIBLEN's dividend (1.65%) is higher than the bottom 25% of dividend payers in the Indian market (0.35%).
High Dividend: PLASTIBLEN's dividend (1.65%) is in the top 25% of dividend payers in the Indian market (1.42%)
Stability and Growth of Payments
Stable Dividend: PLASTIBLEN's dividend payments have been volatile in the past 10 years.
Growing Dividend: PLASTIBLEN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (29.1%), PLASTIBLEN's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Satyanarayan Gopilal Kabra (77 yo)
Shri. Satyanarayan Gopilal N. Kabra is the Co-Founder of Kabra Extrusiontechnik Limited and had been its Managing Director since July 1, 2008. He serves as the Managing Director of Plastiblends India Limit...
CEO Compensation Analysis
Compensation vs Market: Satyanarayan Gopilal's total compensation ($USD118.76K) is above average for companies of similar size in the Indian market ($USD38.99K).
Compensation vs Earnings: Satyanarayan Gopilal's compensation has been consistent with company performance over the past year.
Experienced Management: PLASTIBLEN's management team is seasoned and experienced (6.2 years average tenure).
Experienced Board: PLASTIBLEN's board of directors are considered experienced (4.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: PLASTIBLEN insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Plastiblends India Limited's employee growth, exchange listings and data sources
- Name: Plastiblends India Limited
- Ticker: PLASTIBLEN
- Exchange: NSEI
- Founded: 1991
- Industry: Specialty Chemicals
- Sector: Materials
- Market Cap: ₹6.289b
- Shares outstanding: 25.99m
- Website: https://www.plastiblends.com
Number of Employees
- Plastiblends India Limited
- Fortune Terraces, A-Wing
- 10th Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 16:20|
|End of Day Share Price||2021/10/26 00:00|
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.