New Risk • Mar 17
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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Negative equity (-₹38m). Earnings have declined by 36% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹79.5m market cap, or US$860.1k). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). New Risk • Oct 07
New major risk - Negative shareholders equity The company has negative equity. Total equity: -₹35m This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. 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). Negative equity (-₹35m). Earnings have declined by 14% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₹112.5m market cap, or US$1.27m). Board Change • Oct 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. 3 experienced directors. 1 highly experienced director. Independent Non-Executive Director Devendra Negi was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Sep 26
MPL Plastics Limited, Annual General Meeting, Sep 26, 2025 MPL Plastics Limited, Annual General Meeting, Sep 26, 2025, at 09:30 Indian Standard Time. Location: 2,ashish warehouse corporation, punjab foundry industrial estate, nr.classic studio,mira bhayender rd, kashimira,mira rd,thane - 401104, thane India Tillkännagivande • Aug 06
MPL Plastics Limited to Report Q1, 2026 Results on Aug 14, 2025 MPL Plastics Limited announced that they will report Q1, 2026 results on Aug 14, 2025 New Risk • May 29
New major risk - Revenue and earnings growth Earnings have declined by 3.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. 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). Negative equity (-₹35m). Earnings have declined by 3.2% per year over the past 5 years. Revenue is less than US$1m (₹700k revenue, or US$8.2k). Market cap is less than US$10m (₹126.8m market cap, or US$1.48m). Tillkännagivande • May 16
MPL Plastics Limited to Report Q4, 2025 Results on May 28, 2025 MPL Plastics Limited announced that they will report Q4, 2025 results on May 28, 2025 New Risk • May 12
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 8.4% 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). Negative equity (-₹32m). Revenue is less than US$1m. Market cap is less than US$10m (₹122.2m market cap, or US$1.44m). Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Large one-off items impacting financial results. Tillkännagivande • Jan 29
MPL Plastics Limited to Report Q3, 2025 Results on Feb 10, 2025 MPL Plastics Limited announced that they will report Q3, 2025 results at 12:15 PM, Indian Standard Time on Feb 10, 2025 Tillkännagivande • Nov 04
MPL Plastics Limited to Report Q2, 2025 Results on Nov 11, 2024 MPL Plastics Limited announced that they will report Q2, 2025 results on Nov 11, 2024 New Risk • Sep 19
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 7.9% 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). Negative equity (-₹31m). Revenue is less than US$1m. Market cap is less than US$10m (₹188.1m market cap, or US$2.25m). Minor Risk Share price has been volatile over the past 3 months (7.9% average weekly change). Tillkännagivande • Sep 03
MPL Plastics Limited, Annual General Meeting, Sep 26, 2024 MPL Plastics Limited, Annual General Meeting, Sep 26, 2024, at 09:30 Indian Standard Time. Location: 2,ashish warehouse corporation, punjab foundry industrial estate, nr.classic studio,mira bhayender rd, kashimira,mira rd,thane - 401104, thane India Tillkännagivande • Aug 08
MPL Plastics Limited to Report Q1, 2025 Results on Aug 14, 2024 MPL Plastics Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹14.53, the stock trades at a trailing P/E ratio of 2x. Average trailing P/E is 35x in the Chemicals industry in India. Total returns to shareholders of 117% over the past three years. New Risk • Jun 09
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 75% Last year net profit margin: 29,449% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. 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). Negative equity (-₹31m). Market cap is less than US$10m (₹199.0m market cap, or US$2.38m). Minor Risks Profit margins are more than 30% lower than last year (75% net profit margin). Revenue is less than US$5m (₹122m revenue, or US$1.5m). Tillkännagivande • May 25
MPL Plastics Limited Announces Appointment of Vishaka Jain as Company Secretary and Compliance Officer MPL Plastics Limited announced that at the board meeting held on March 24, 2024 Mrs. Vishaka Jain was duly appointed as Company Secretary and Compliance Officer of the Company. Tillkännagivande • May 17
MPL Plastics Limited to Report Q4, 2024 Results on May 24, 2024 MPL Plastics Limited announced that they will report Q4, 2024 results on May 24, 2024 Reported Earnings • Feb 15
Third quarter 2024 earnings released: EPS: ₹0.21 (vs ₹0.16 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.21 (up from ₹0.16 in 3Q 2023). Net income: ₹2.60m (up 30% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Feb 07
MPL Plastics Limited to Report Q3, 2024 Results on Feb 14, 2024 MPL Plastics Limited announced that they will report Q3, 2024 results on Feb 14, 2024 Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹20.46, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 31x in the Chemicals industry in India. Total returns to shareholders of 252% over the past three years. Tillkännagivande • Dec 30
MPL Plastics Limited Announces the Resignation Mrs. Vishakha Jain as Company Secretary, Effective from December 31, 2023 MPL Plastics Limited announced that Mrs. Vishakha Jain (ACS 54275) has conveyed her decision to resign from the post of Company Secretary of the Company effective from December 31, 2023, due to her personal reasons. New Risk • Nov 22
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 92,820% Last year net profit margin: 1,374,754% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. 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). Share price has been highly volatile over the past 3 months (9.6% average weekly change). Negative equity (-₹126m). Revenue is less than US$1m (₹40k revenue, or US$480). Market cap is less than US$10m (₹211.8m market cap, or US$2.54m). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (92,820% net profit margin). Tillkännagivande • Nov 11
MPL Plastics Limited to Report Q2, 2024 Results on Nov 10, 2023 MPL Plastics Limited announced that they will report Q2, 2024 results on Nov 10, 2023 Tillkännagivande • Sep 29
MPL Plastics Limited Approves Appointment of Devendra Negi as Independent Director MPL Plastics Limited announced at annual general meeting held on September 28, 2023, the shareholders approved appointment of Shri. Devendra Negi as Independent Director of the company. Tillkännagivande • Sep 23
Mpl Plastics Limited Announces CFO Changes MPL Plastics Limited appointed Milan Bhogilal Bhaya (in place of Shri Pankaj Bhogilal Bhaya) as Chief Financial Officer of the Company was considered and approved by the Board of Directors at its Board Meeting held on 22 September, 2023. Valuation Update With 7 Day Price Move • Sep 15
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹18.46, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 28x in the Chemicals industry in India. Total returns to shareholders of 434% over the past three years. New Risk • Sep 12
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. 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). Negative equity (-₹121m). Revenue is less than US$1m (₹140k revenue, or US$1.7k). Market cap is less than US$10m (₹196.2m market cap, or US$2.37m). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. New Risk • Aug 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Negative equity (-₹163m). Revenue is less than US$1m (₹5.1m revenue, or US$62k). Market cap is less than US$10m (₹193.2m market cap, or US$2.32m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Tillkännagivande • Aug 11
MPL Plastics Limited, Annual General Meeting, Sep 28, 2023 MPL Plastics Limited, Annual General Meeting, Sep 28, 2023. New Risk • Jul 26
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 7.4% 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 Negative equity (-₹163m). Revenue is less than US$1m (₹5.1m revenue, or US$62k). Market cap is less than US$10m (₹207.1m market cap, or US$2.53m). Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results. Tillkännagivande • May 25
MPL Plastics Limited to Report Q4, 2023 Results on May 30, 2023 MPL Plastics Limited announced that they will report Q4, 2023 results on May 30, 2023 Tillkännagivande • Feb 06
MPL Plastics Limited to Report Q3, 2023 Results on Feb 13, 2023 MPL Plastics Limited announced that they will report Q3, 2023 results on Feb 13, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: ₹0.14 loss per share (vs ₹0.57 profit in 2Q 2022) Second quarter 2023 results: ₹0.14 loss per share (down from ₹0.57 profit in 2Q 2022). Net loss: ₹1.80m (down 125% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 133% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Nov 08
MPL Plastics Limited to Report Q2, 2023 Results on Nov 14, 2022 MPL Plastics Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Board Change • Oct 06
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Gopal Malpani was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 15
First quarter 2023 earnings released: EPS: ₹0.11 (vs ₹1.89 loss in 1Q 2022) First quarter 2023 results: EPS: ₹0.11 (up from ₹1.89 loss in 1Q 2022). Net income: ₹1.40m (up ₹25.0m from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 145% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Board Change • May 31
High number of new directors Independent Director Gopal Malpani was the last director to join the board, commencing their role in 2022. Board Change • Apr 27
High number of new directors Independent Director Gopal Malpani was the last director to join the board, commencing their role in 2022. Reported Earnings • Apr 13
Full year 2022 earnings released: EPS: ₹131 (vs ₹0.54 loss in FY 2021) Full year 2022 results: EPS: ₹131 (up from ₹0.54 loss in FY 2021). Net income: ₹1.63b (up ₹1.64b from FY 2021). Over the last 3 years on average, earnings per share has increased by 151% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Apr 12
MPL Plastics Limited Announces Management Changes MPL Plastics Limited announced the Board of Directors at its meeting held on 11 April, 2022, announced Resignation of Mr. Sharad Shukla and Mr. Parimal Banerjee, Independent Directors of the Company were considered and approved by the Board. Ministry of Corporate Affairs New Delhi established a databank of Independent Directors and required the existing independent directors to register themselves on the said databank by February 2020. Mr. Shailesh Kachalia, Practising Company Secretary appointed as Secretarial Auditor of the Company for the financial year 2022-23. Mr. Gopal Malpani appointed as an independent director of the Company. As per the provisions of the listing requirements if the Chairman of the Board of Directors is Promoter or from Promoters group then half of the Board should consists of Independent Directors. Hence Mr. Gopal Malpani is appointed as independent director to align the Board in conformity with listing requirements. Tillkännagivande • Apr 06
MPL Plastics Limited to Report Q4, 2022 Results on Apr 11, 2022 MPL Plastics Limited announced that they will report Q4, 2022 results on Apr 11, 2022 Board Change • Apr 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. 3 experienced directors. 2 highly experienced directors. Independent Director Parimal Banerjee was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 02
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. 3 experienced directors. 2 highly experienced directors. Independent Director Parimal Banerjee was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 03
Full year 2021 earnings released: ₹0.54 loss per share (vs ₹1.86 loss in FY 2020) Full year 2021 results: Net loss: ₹6.70m (loss narrowed 71% from FY 2020). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Tillkännagivande • Feb 02
MPL Plastics Limited to Report Q3, 2021 Results on Feb 08, 2021 MPL Plastics Limited announced that they will report Q3, 2021 results on Feb 08, 2021 Is New 90 Day High Low • Jan 07
New 90-day high: ₹5.74 The company is up 79% from its price of ₹3.20 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 23% over the same period. Is New 90 Day High Low • Dec 06
New 90-day high: ₹4.10 The company is up 1.0% from its price of ₹4.07 on 07 September 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 16% over the same period. Reported Earnings • Nov 13
Second quarter 2021 earnings released: ₹0.10 loss per share The company reported a soft second quarter result with weaker revenues and control over expenses, though losses reduced. Second quarter 2021 results: Revenue: ₹900.0k (down 96% from 2Q 2020). Net loss: ₹1.20m (loss narrowed 81% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 50% per year whereas the company’s share price has fallen by 46% per year. Is New 90 Day High Low • Oct 29
New 90-day low: ₹3.16 The company is down 16% from its price of ₹3.75 on 31 July 2020. The Indian market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 14% over the same period. Is New 90 Day High Low • Oct 08
New 90-day low: ₹3.26 The company is down 17% from its price of ₹3.91 on 10 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 Chemicals industry, which is up 15% over the same period. Tillkännagivande • Aug 08
MPL Plastics Limited to Report Q1, 2021 Results on Aug 14, 2020 MPL Plastics Limited announced that they will report Q1, 2021 results on Aug 14, 2020 Tillkännagivande • Jun 28
MPL Plastics Limited to Report Q4, 2020 Results on Jun 30, 2020 MPL Plastics Limited announced that they will report Q4, 2020 results on Jun 30, 2020