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Ashish Polyplast Ltd (530429) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

BSE: 530429 NSE: | Plastic Products | Small Cap

Ashish Polyplast Share Price

30.81 -0.99 (-3.11%)
As on 17-Apr'26 16:59

Ashish Polyplast Ltd (530429)

BSE: 530429 NSE:
Key Metrics
Market Cap
₹10 Cr.
P/E Ratio
143.39
Price to Book (P/B)
1.46
Price to Sales (P/S)
0.72
EV/EBITDA
23.18
Return on Capital Employed (ROCE)
6.85%
Current Price
₹30.8
Return on Equity (ROE)
3.75%
Return on Assets (ROA)
3.02%
Operating Profit Margin
3.9%
Net Profit Margin
1.55%
Gross Profit Margin
4.1%
Book Value per Share
₹21.1
Sales Growth (YoY)
0.44%
Sales Growth (3 Years)
-0.47%
Operating Profit Growth (1 Year)
3.28%
Operating Profit Growth (3 Years)
1.08%
Net Profit Growth (1 Year)
-70.24%
52-Week Low / High
₹26 / 46
Net Profit Growth (3 Years)
-8.32%
Dividend Yield
0.00%
Promoter Holding
62.09%
Pledged shares (%)
of Promoter's holding (%)
0.00%

Check Before You Invest

Q.1 Revenue growth of Ashish Polyplast Ltd?
Ashish Polyplast Ltd revenue growth is 0.4% for FY-2025 , which is below its 5 year CAGR of 4.7% , indicating slower growth.
Q.1 Promoter shareholding and pledge status of Ashish Polyplast Ltd?
Promoters hold 62.09% of the Ashish Polyplast Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Revenue growth of Ashish Polyplast Ltd vs industry peers?
Ashish Polyplast Ltd revenue CAGR is 4.71% , compared to the industry median CAGR of 4.83% , indicating slower growth and losing its market share.
Q.1 Which industry/sub-sector does Ashish Polyplast Ltd belong to?
Ashish Polyplast Ltd belongs to the Chemicals & Fertilizers sector, operating specifically within the Plastic Products segment.
Q.1 Stock return of Ashish Polyplast Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 10.3% based on the current price.

DeciZen - make an informed investing decision on Ashish Polyplast

Based on:

M-Cap below 100cr DeciZen not available

Ashish Polyplast stock performance

Key Ratios
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Is Ashish Polyplast Ltd an attractive stock to invest in?

1. Is Ashish Polyplast Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Ashish Polyplast Ltd is a average quality company.

2. Is Ashish Polyplast Ltd undervalued or overvalued?

The key valuation ratios of Ashish Polyplast Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Ashish Polyplast Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Ashish Polyplast Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray :

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Ashish Polyplast Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 6%7.2%6.6%5.6%4.6%8.4%9.9%5.5%15.6%6.9%-
Value Creation
Index
-0.6-0.5-0.5-0.6-0.7-0.4-0.3-0.60.1-0.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1112.212.81412.712.716.21615.91615
Sales YoY Gr.-11%4.9%8.8%-8.8%-0.1%27.8%-1.3%-0.6%0.4%-
Adj EPS 0.30.50.60.50.5110.62.10.70.2
YoY Gr.-53.1%28.6%-22.2%10.2%79.6%-2.1%-41.1%273.2%-65.6%-
BVPS (₹) 13.912.813.413.814.215.216.116.619.119.821.1
Adj Net
Profit
0.10.20.20.20.20.30.30.20.70.30
Cash Flow from Ops. 1.2-0.20.61.10.70.50.30.71.70.6-
Debt/CF from Ops. 0.9-8.32.40.910.93.620.20.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.3%4.7%-0.5%0.4%
Adj EPS 9.4%5.9%-8.8%-65.6%
BVPS4%6.8%7.2%3.6%
Share Price 9.9% 25.9% 15.7% -26.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
2.43.74.93.63.86.66.13.411.73.71
Op. Profit
Mgn %
4.94.74.34.33.83.43.83.843.93.5
Net Profit
Mgn %
11.41.71.21.42.621.24.51.50.5
Debt to
Equity
0.20.40.30.20.20.10.20.30.10-
Working Cap
Days
1641481491241211138786756330
Cash Conv.
Cycle
1049411110098877172554219

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 1.00%

Sales growth has been subdued in last 3 years -0.47%

Net Profit has been subdued in last 3 years -8.83%

Sales growth is not so good in last 4 quarters at -9.48%

Latest Financials

Standalone Consolidated
TTM EPS (₹) 0.2 -
TTM Sales (₹ Cr.) 14.6 -
BVPS (₹) 21.1 -
Reserves (₹ Cr.) 4 -
P/BV 1.46 -
PE 143.39 -
From the Market
52 Week Low / High (₹) 26.15 / 46.00
All Time Low / High (₹) 1.50 / 95.35
Market Cap (₹ Cr.) 10.5
Equity (₹ Cr.) 3.4
Face Value (₹) 10
Industry PE 40.8

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Ashish Polyplast - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales11.0112.2212.8213.9512.7212.7116.2416.0315.9416.01
Operating Expenses + 10.4811.6412.2613.3512.2812.2815.6315.4315.3315.39
Manufacturing Costs0.530.540.550.570.580.480.540.610.710.67
Material Costs9.2010.2810.941210.7911.0314.2613.9413.7213.69
Employee Cost 0.330.320.350.360.390.410.430.400.390.39
Other Costs 0.410.500.420.410.510.360.400.480.510.64
Operating Profit 0.530.580.550.600.450.440.610.600.610.63
Operating Profit Margin (%) 4.8%4.7%4.3%4.3%3.5%3.4%3.8%3.8%3.9%3.9%
Other Income + 0.010.030.040.010.020.240.210.030.760.13
Exceptional Items 000-0.08000000
Interest 0.190.180.150.120.100.040.110.110.110.09
Depreciation 0.170.190.190.200.210.210.230.260.280.29
Profit Before Tax 0.180.240.250.210.160.430.490.260.980.38
Tax 0.080.070.030.1000.100.160.070.130.13
Profit After Tax 0.100.170.220.110.150.330.320.190.840.25
PAT Margin (%) 0.9%1.4%1.7%0.8%1.2%2.6%2.0%1.2%5.3%1.6%
Adjusted EPS (₹)0.30.50.60.30.51.01.00.62.50.7
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 4.704.334.554.674.835.155.465.636.486.72
Share Capital 3.403.403.403.403.403.403.403.403.403.40
Reserves 1.310.941.161.271.441.762.062.233.083.32
Debt +1.071.571.420.920.650.391.011.410.230.15
Long Term Debt0.200.170.130.060000.310.230.15
Short Term Debt0.871.401.290.850.650.391.011.1000
Minority Interest0000000000
Trade Payables1.140.740.670.620.550.530.430.500.900.50
Others Liabilities 0.630.930.680.640.660.470.600.440.670.78
Total Liabilities 7.547.577.326.856.696.547.507.988.288.15

Fixed Assets

Net Fixed Assets +1.851.831.742.021.951.742.152.622.422.23
Gross Block3.912.022.112.592.662.673.303.823.883.98
Accumulated Depreciation2.060.190.370.570.710.931.151.201.461.75
CWIP 0000000000
Investments 000.340.410.590.941.261.382.073.07
Inventories2.752.592.622.241.932.082.382.121.571.34
Trade Receivables1.782.202.252.041.911.351.521.401.261.04
Cash Equivalents 0.180.090.0100.020.050.100.360.760.23
Others Assets 0.980.860.370.140.280.390.090.100.200.22
Total Assets 7.547.577.326.856.696.547.507.988.288.15

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 1.15-0.200.621.140.720.450.280.731.720.61
PBT 0.180.240.250.290.160.430.490.260.980.38
Adjustment 0.390.350.320.330.360.030.140.39-0.320.36
Changes in Working Capital 0.68-0.720.130.590.30.08-0.150.221.140
Tax Paid -0.06-0.06-0.08-0.06-0.09-0.07-0.14-0.08-0.06-0.10
Cash Flow From Investing Activity + -0.22-0.14-0.40-0.52-0.33-0.12-0.75-0.82-0.05-0.97
Capex -0.23-0.17-0.10-0.48-0.12-0.01-0.63-0.700.10-0.10
Net Investments 00-0.33-0.05-0.22-0.12-0.12-0.12-0.15-0.88
Others 00.030.020.010.0100.01000.01
Cash Flow From Financing Activity + -0.850.31-0.30-0.62-0.37-0.300.510.35-1.28-0.16
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0.20-0.03-0.03-0.07-0.06000.38-0.07-0.08
Interest Paid -0.19-0.18-0.15-0.12-0.10-0.04-0.11-0.11-0.11-0.09
Dividend Paid 0000000000
Others -0.860.52-0.11-0.43-0.20-0.260.620.09-1.100
Net Cash Flow 0.08-0.02-0.08-0.010.020.030.050.260.39-0.53

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)2.163.74.852.43.216.636.063.4113.93.75
ROCE (%)67.186.645.634.648.419.925.4915.646.85
Asset Turnover Ratio1.641.821.7921.91.952.342.11.991.98
PAT to CFO Conversion(x)11.5-1.182.8210.364.81.360.883.842.052.44
Working Capital Days
Receivable Days56536155564632333026
Inventory Days80717162595750514233
Payable Days35332420201812121919

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Ashish Polyplast Ltd FAQs

The current trading price of Ashish Polyplast on 17-Apr-2026 16:59 is ₹30.81.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 16-Apr-2026 the market cap of Ashish Polyplast stood at ₹10.47 Cr

The latest P/E ratio of Ashish Polyplast as of 16-Apr-2026 is 143.4.

The latest P/B ratio of Ashish Polyplast as of 16-Apr-2026 is 1.46.

The 52-week high of Ashish Polyplast is ₹46.00 and the 52-week low is ₹26.15.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ashish Polyplast is ₹14.63 ( Cr.) .

About Ashish Polyplast Ltd

Ashish Polyplast, incorporated in the year 1994, is a well known organization engaged in offering its clients with hoses and hose assemblies, which not only cater to the requirements of the clients, but also exceeds their expectations. They are one of the distinguished manufacturers and exporters of a wide range of Premium Braided Hoses, and Flexible PVC Hoses. Initially, the organization offered Premium Braided Hose under the brand name of 'REAL ON', which is the industrial high pressure nylon, reinforced flexible hose with the latest technology. Moreover, their sister concern Ashish Agroplast has been manufacturing 'ASHISH REALFLEX' plastic reinforced hoses for agricultural applications for many years.

Their range comprises Realon Air & Pneumatic Hose – Transparent, Realon Welding Hose - Red & Blue, Realon Water Hose, Realon Car Washing Hose, and Realon Rock Drilling Hose – Transparent. Further, we also hold expertise in offering Ashish Realflex Medium Duty PVC Hose, Ashish Realflex Heavy Duty Hose –Grey, Ashish Realflex Oil Hose –Blue, Ashish Realflex Duct Hose – Grey, and Ashish Realflex Non-Toxic Hose – Transparent.

Widely known for the features like abrasion resistance, crush and kink resistance, resistance to chemicals, light weight, and weather proof, its range finds application in Agriculture Industry, Chemical Industry, Petrochemical Industry, Fire fighting, and Construction & Engineering Industries. With an integrated manufacturing unit and support of a diligent team, it has been able to establish a strong foothold in the various parts of the world like India, Middle East, Gulf countries, South Africa, Bangladesh, Sri Lanka and Nepal.

Products:

1. Premium Braided Hoses

  • Realon Water Hose
  • Realon Car Washing Hose
  • Realon Welding Hose - Red & Blue
  • Realon Rock Drilling Hose - Transparent
  • Realon Air & Pneumatic Hose - Transparent

2. Flexible PVC Hose

  • Ashish Realflex Duct Hose - Grey
  • Ashish Realflex Medium Duty PVC Hose
  • Ashish Realflex Oil Hose -Blue
  • Ashish Realflex Non-Toxic Hose - Transparent
  • Ashish Realflex Heavy Duty Hose -Grey
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