Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹207, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 17x in the Packaging industry in India. Total loss to shareholders of 12% over the past three years. Reported Earnings • May 30
Full year 2026 earnings released: EPS: ₹27.01 (vs ₹9.02 in FY 2025) Full year 2026 results: EPS: ₹27.01 (up from ₹9.02 in FY 2025). Revenue: ₹6.00b (up 29% from FY 2025). Net income: ₹232.0m (up 141% from FY 2025). Profit margin: 3.9% (up from 2.1% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Duyuru • May 19
HCP Plastene Bulkpack Limited to Report Q4, 2026 Results on May 28, 2026 HCP Plastene Bulkpack Limited announced that they will report Q4, 2026 results on May 28, 2026 Valuation Update With 7 Day Price Move • Apr 24
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹214, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 17x in the Packaging industry in India. Total loss to shareholders of 31% over the past three years. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹186, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 15x in the Packaging industry in India. Total loss to shareholders of 19% over the past three years. Reported Earnings • Feb 11
Third quarter 2026 earnings released Third quarter 2026 results: EPS: ₹7.80. Revenue: ₹1.23b (up 2.9% from 3Q 2025). Net income: ₹70.2m (up 327% from 3Q 2025). Profit margin: 5.7% (up from 1.4% in 3Q 2025). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Duyuru • Feb 02
HCP Plastene Bulkpack Limited to Report Q3, 2026 Results on Feb 10, 2026 HCP Plastene Bulkpack Limited announced that they will report Q3, 2026 results on Feb 10, 2026 Duyuru • Jan 09
HCP Plastene Bulkpack Limited Announces Resignation of Shweta Jhawar as Company Secretary and Compliance Officer, Effective January 8, 2026 HCP Plastene Bulkpack Limited announced that Ms. Shweta Jhawar, Company Secretary and Compliance Officer of the Company, has tendered her resignation vide email dated January 9, 2026, from the post of Company Secretary and Compliance Officer with effect from January 8, 2026. The resignation has been accepted by the Company, and she has been relieved from her duties as Company Secretary and Compliance Officer with effect from the close of business hours on January 8, 2026. Ms. Jhawar cited professional engagements and internal company matters that require further clarification as reasons for her resignation. Reported Earnings • Nov 12
Second quarter 2026 earnings released: EPS: ₹4.67 (vs ₹2.25 in 2Q 2025) Second quarter 2026 results: EPS: ₹4.67 (up from ₹2.25 in 2Q 2025). Revenue: ₹2.00b (up 71% from 2Q 2025). Net income: ₹39.6m (up 165% from 2Q 2025). Profit margin: 2.0% (up from 1.3% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 120% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Duyuru • Nov 04
HCP Plastene Bulkpack Limited to Report Q2, 2026 Results on Nov 11, 2025 HCP Plastene Bulkpack Limited announced that they will report Q2, 2026 results on Nov 11, 2025 New Risk • Oct 10
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 6.7% 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 Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (₹1.85b market cap, or US$20.9m). Duyuru • Sep 03
HCP Plastene Bulkpack Limited, Annual General Meeting, Sep 25, 2025 HCP Plastene Bulkpack Limited, Annual General Meeting, Sep 25, 2025, at 11:30 Indian Standard Time. Reported Earnings • Aug 13
First quarter 2026 earnings released: EPS: ₹6.70 (vs ₹1.99 in 1Q 2025) First quarter 2026 results: EPS: ₹6.70 (up from ₹1.99 in 1Q 2025). Revenue: ₹1.32b (up 26% from 1Q 2025). Net income: ₹40.1m (up 177% from 1Q 2025). Profit margin: 3.0% (up from 1.4% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Duyuru • Aug 09
HCP Plastene Bulkpack Limited to Report Q1, 2026 Results on Aug 12, 2025 HCP Plastene Bulkpack Limited announced that they will report Q1, 2026 results on Aug 12, 2025 Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹205, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 22x in the Packaging industry in India. Total loss to shareholders of 51% over the past three years. Valuation Update With 7 Day Price Move • Jun 12
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹179, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 25x in the Packaging industry in India. Total loss to shareholders of 59% over the past three years. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improves as stock rises 42% After last week's 42% share price gain to ₹152, the stock trades at a trailing P/E ratio of 31.5x. Average trailing P/E is 22x in the Packaging industry in India. Total loss to shareholders of 68% over the past three years. Valuation Update With 7 Day Price Move • Apr 01
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to ₹103, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 20x in the Packaging industry in India. Total loss to shareholders of 82% over the past three years. New Risk • Mar 25
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 9.2% 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 Risk Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risks Share price has been volatile over the past 3 months (9.2% average weekly change). Market cap is less than US$100m (₹1.49b market cap, or US$17.4m). Duyuru • Feb 27
HCP Plastene Bulkpack Limited Approves Appointment of Shweta Jhawar as Company Secretary and Compliance Officer HCP Plastene Bulkpack Limited announced at the board meeting held on February 27, 2025, approved Appointment of Ms. Shweta Jhawar (Me. No. 46940) as Company Secretary and Compliance Officer of the Company with effect from February 27, 2025. Ms. Shweta Jhawar is an associate member of ICSI having experience in the field of Corporate Law,
Corporate Governance and SEBI related matters. Reported Earnings • Feb 16
Third quarter 2025 earnings released Third quarter 2025 results: Revenue: ₹1.20b (up 51% from 3Q 2024). Net income: ₹16.4m (up ₹21.0m from 3Q 2024). Profit margin: 1.4% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 39% per year, which means it is performing significantly worse than earnings. Reported Earnings • Nov 18
Second quarter 2025 earnings released: EPS: ₹2.25 (vs ₹0.20 in 2Q 2024) Second quarter 2025 results: EPS: ₹2.25 (up from ₹0.20 in 2Q 2024). Revenue: ₹1.18b (up 49% from 2Q 2024). Net income: ₹15.0m (up ₹12.8m from 2Q 2024). Profit margin: 1.3% (up from 0.3% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Duyuru • Aug 23
HCP Plastene Bulkpack Limited, Annual General Meeting, Sep 30, 2024 HCP Plastene Bulkpack Limited, Annual General Meeting, Sep 30, 2024, at 11:30 Indian Standard Time. Reported Earnings • Aug 11
First quarter 2025 earnings released: EPS: ₹1.99 (vs ₹1.93 loss in 1Q 2024) First quarter 2025 results: EPS: ₹1.99 (up from ₹1.93 loss in 1Q 2024). Revenue: ₹1.06b (up 79% from 1Q 2024). Net income: ₹14.5m (up ₹29.6m from 1Q 2024). Profit margin: 1.4% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 124 percentage points per year, which is a significant difference in performance. Duyuru • Aug 05
HCP Plastene Bulkpack Limited to Report Q1, 2025 Results on Aug 10, 2024 HCP Plastene Bulkpack Limited announced that they will report Q1, 2025 results at 12:15 PM, Indian Standard Time on Aug 10, 2024 Reported Earnings • May 22
Full year 2024 earnings released: ₹2.73 loss per share (vs ₹2.16 loss in FY 2023) Full year 2024 results: ₹2.73 loss per share. Revenue: ₹2.97b (down 16% from FY 2023). Net loss: ₹11.9m (loss narrowed 46% from FY 2023). Duyuru • May 17
HCP Plastene Bulkpack Limited to Report Q4, 2024 Results on May 21, 2024 HCP Plastene Bulkpack Limited announced that they will report Q4, 2024 results on May 21, 2024 Duyuru • Mar 14
HCP Plastene Bulkpack Limited Approves Appointment of Dhrumil Pranavkumar Shah as Chief Financial Officer HCP Plastene Bulkpack Limited announced that the Board of Directors at its meeting held on 14 March, 2024, approved the appointment of Mr. Dhrumil Pranavkumar Shah as a Chief Financial Officer with effect from 14 March, 2024. Brief Profile: Mr. Dhrumil Shah is an Engineering Graduate & Post Graduate in Finance having 15 years of overall experience with 10 years in Corporate Finance, Debt Syndication, Liasioning, Financial Closure. He started his career as Business Analyst with Mahindra Satyam and since then has worked in various capacities in different industries. Prior to joining Plastene Group in 2021, he has worked with Ahmedabad based Claris Group for almost 7 years and spearheaded their Corporate Finance Department in FMCG, Renewable Energy & Education Sector. Reported Earnings • Feb 13
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: ₹798.8m (up 15% from 3Q 2023). Net loss: ₹4.52m (loss narrowed 17% from 3Q 2023). Duyuru • Feb 06
HCP Plastene Bulkpack Limited to Report Q3, 2024 Results on Feb 12, 2024 HCP Plastene Bulkpack Limited announced that they will report Q3, 2024 results on Feb 12, 2024 Reported Earnings • Nov 08
Second quarter 2024 earnings released Second quarter 2024 results: EPS: ₹0.74. Revenue: ₹797.5m (down 15% from 2Q 2023). Net income: ₹2.18m (up ₹12.8m from 2Q 2023). Profit margin: 0.3% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Duyuru • Sep 29
HCP Plastene Bulkpack Limited Appoints Ranjeet Mal Kastia as an Independent Director HCP Plastene Bulkpack Limited announced at annual general meeting held on September 29, 2023, the shareholders approved appointment of Mr. Ranjeet Mal Kastia as an Independent Director of the company. Duyuru • Sep 07
HCP Plastene Bulkpack Limited, Annual General Meeting, Sep 29, 2023 HCP Plastene Bulkpack Limited, Annual General Meeting, Sep 29, 2023, at 11:00 Indian Standard Time. Agenda: To consider the Audited consolidated financial statements of the Company for the financial year ended on 31st March, 2023 together with the report of Auditors thereon; to consider audited financial statements of the Company for the financial year ended on 31st March,2023 together with the Reports of the Board of Directors and Auditors thereon; and to discuss other matters. Reported Earnings • Aug 11
First quarter 2024 earnings released: ₹1.93 loss per share (vs ₹0.38 profit in 1Q 2023) First quarter 2024 results: ₹1.93 loss per share (down from ₹0.38 profit in 1Q 2023). Revenue: ₹596.3m (down 46% from 1Q 2023). Net loss: ₹15.1m (down 477% from profit in 1Q 2023). Duyuru • Aug 10
HCP Plastene Bulkpack Limited Announces Resignation of Dipesh A. Panchal as the Company Secretary and Compliance Officer, Effective August 12, 2023 HCP Plastene Bulkpack Limited at its board meeting held on August 9, 2023, approved the resignation of Dipesh A. Panchal as the Company Secretary and Compliance officer of the company due to personal reason with effect from August 12, 2023. Reported Earnings • Jun 01
Full year 2023 earnings released: EPS: ₹1.06 (vs ₹2.98 loss in FY 2022) Full year 2023 results: EPS: ₹1.06 (up from ₹2.98 loss in FY 2022). Revenue: ₹3.52b (up 214% from FY 2022). Net income: ₹7.61m (up ₹38.1m from FY 2022). Profit margin: 0.2% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Duyuru • May 20
HCP Plastene Bulkpack Limited to Report Q4, 2023 Results on May 26, 2023 HCP Plastene Bulkpack Limited announced that they will report Q4, 2023 results on May 26, 2023 Reported Earnings • Feb 15
Third quarter 2023 earnings released: ₹0.55 loss per share (vs ₹1.12 profit in 3Q 2022) Third quarter 2023 results: ₹0.55 loss per share (down from ₹1.12 profit in 3Q 2022). Revenue: ₹694.8m (up ₹580.0m from 3Q 2022). Net loss: ₹5.45m (down 147% from profit in 3Q 2022). Duyuru • Feb 08
HCP Plastene Bulkpack Limited to Report Q3, 2023 Results on Feb 14, 2023 HCP Plastene Bulkpack Limited announced that they will report Q3, 2023 results on Feb 14, 2023 Duyuru • Dec 10
HCP Plastene Bulkpack Limited Announces Resignation of Deepti Sharma as Independent Director HCP Plastene Bulkpack Limited announced that Mrs. Deepti Sharma has resigned from the position of Independent Director of the company with effect from 6 December, 2022. The Board of Directors of the company appreciates her valuable contributions and support during her term as the Director of the company. Board Change • Nov 16
High number of new and inexperienced directors There are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. No experienced directors. No highly experienced directors. Chairman of the Board Anil Goyal is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Nov 09
Second quarter 2023 earnings released: EPS: ₹0.12 (vs ₹2.50 loss in 2Q 2022) Second quarter 2023 results: EPS: ₹0.12 (up from ₹2.50 loss in 2Q 2022). Revenue: ₹939.0m (up ₹828.5m from 2Q 2022). Net loss: ₹10.7m (loss narrowed 58% from 2Q 2022). Duyuru • Aug 12
HCP Plastene Bulkpack Limited, Annual General Meeting, Sep 26, 2022 HCP Plastene Bulkpack Limited, Annual General Meeting, Sep 26, 2022. Duyuru • Aug 10
HCP Plastene Bulkpack Limited Announces Executive Changes HCP Plastene Bulkpack Limited announced the appointment of Mr. Dipesh Panchal as Company Secretary and Compliance Officer of the Company; the company announced resignation of Mr. Krushang Shah as Company Secretary and Compliance Officer of the Company. the company also announced appointment of Mr. Judhisthir Behera as an Additional Independent Director of the Company. Judhisthir Behera is an outstanding commercial banker having more than 2 decades of experience in Commercial Banking in India and Overseas. An expert in Corporate Finance having worked more than decade each with SBI and Axis Bank on various roles in Mid Corporate and SME in India and Frankfurt, Germany. He left Axis Bank prematurely to start his own venture to provide unique and effective funding and advisory solutions to SME, Mid Corporate and Large Corporate clients in India and overseas. His last two assignment in Axis Bank were Senior Vice President and National Head (MEG). Duyuru • May 14
HCP Plastene Bulkpack Limited Approves Appointment of Deepti Sharma as an Independent Director HCP Plastene Bulkpack Limited announced that at its EGM held on 12 May 2022, the shareholders approved appointment of Mrs. Deepti Sharma as an independent director of the company. Board Change • Apr 27
High number of new and inexperienced directors There are 7 new directors who have joined the board in the last 3 years. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. Chairman of the Board Anil Goyal is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment improved over the past week After last week's 16% share price gain to ₹528, the stock trades at a trailing P/E ratio of 38.8x. Average trailing P/E is 13x in the Packaging industry in India. Duyuru • Feb 16
HCP Plastene Bulkpack Limited Appoints Dipti Sharma as Non-Executive Independent Director HCP Plastene Bulkpack Limited announced the appointment of Mrs. Dipti Sharma as Non-Executive Independent Director, effective February 14, 2022. Duyuru • Feb 08
HCP Plastene Bulkpack Limited to Report Q3, 2022 Results on Feb 14, 2022 HCP Plastene Bulkpack Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Executive Departure • Dec 06
Company Secretary & Compliance Officer C. S. Surana has left the company On the 30th of November, C. S. Surana's tenure as Company Secretary & Compliance Officer ended after 1.1 years in the role. We don't have any record of a personal shareholding under C. S.'s name. A total of 2 executives have left over the last 12 months. Valuation Update With 7 Day Price Move • Nov 19
Investor sentiment deteriorated over the past week After last week's 19% share price decline to ₹654, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 12x in the Packaging industry in India. Valuation Update With 7 Day Price Move • Oct 26
Investor sentiment deteriorated over the past week After last week's 23% share price decline to ₹901, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 14x in the Packaging industry in India. Board Change • Sep 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Sandeep Shah was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improved over the past week After last week's 28% share price gain to ₹137, the stock trades at a trailing P/E ratio of 2.1x. Average trailing P/E is 18x in the Packaging industry in India. Executive Departure • Jul 13
Non-Executive Independent Director Rakesh Lahoti has left the company On the 1st of July, Rakesh Lahoti's tenure as Non-Executive Independent Director ended. We don't have any record of a personal shareholding under Rakesh's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • Jun 13
Full year 2021 earnings released: EPS ₹65.80 (vs ₹652 loss in FY 2020) Full year 2021 results: Net income: ₹636.2m (up ₹843.3m from FY 2020).