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Tirth Plastic Ltd (526675)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526675 NSE: Plastic Products | Small Cap | Tirth Plastic Share Price

₹29.63 -1.55 (-4.97%)

As on 05-Jun'26 09:07

Tirth Plastic Ltd (526675)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526675 NSE: Plastic Products | Small Cap | Tirth Plastic Share Price

₹29.63 -1.55 (-4.97%)

As on 05-Jun'26 09:07

Key Metrics
Valuation Multiples
Market Cap
₹10 Cr.
Current Price
₹29.6
52-Week Low / High
₹12 / 37
TTM EPS
₹1.2
TTM Sales
₹9.6 Cr.
Book Value per Share
₹5
P/E Ratio
26.98
Industry PE
39
Price to Book (P/B)
6.29
Higher than its 5-year historical median
Price to Sales (P/S)
1.07
EV/EBITDA
22.04
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
0.55%
Underperforms industry median
Return on Capital Employed (ROCE)
0.54%
Underperforms industry median
Return on Assets (ROA)
0.47%
Operating Profit Margin
0%
Net Profit Margin
-%
Gross Profit Margin
0%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
-
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
23.53%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹-2 Cr.
Equity
₹3.3 Cr.
Face Value
₹10
All Time Low / High
₹0.20 / 69.09

Tirth Plastic stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Tirth Plastic Ltd a good quality company?
Tirth Plastic Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Tirth Plastic Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Tirth Plastic Ltd vs industry peers?
Tirth Plastic Ltd revenue CAGR is -100.00%, compared to the industry median CAGR of 4.71%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Tirth Plastic Ltd?
Promoters hold 23.53% of the Tirth Plastic Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Valuation ratios of Tirth Plastic Ltd vs historical?
The current P/E ratio of 37.74 is higher than its historical median of , indicating that the stock is trading above its historical average valuation.

10 Year X-Ray : Login to view analysis.

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.
Tirth Plastic Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % -11.9%-2.2%-0.5%-2.4%-11.9%0.2%-0.6%-0.8%0.2%0.5%-
Value Creation
Index
-1.9-1.2-1.0-1.2-1.9-1.0-1.1-1.1-1.0-1.0-

Growth Parameters

Sales 10200.100.100010
Sales YoY Gr.--95.8%4,925%-100%NA-100%NA-100%NANA-
Adj EPS -0.2-0.1-0-0.2-0.70-0-0001.2
YoY Gr.-NANANANANA-400%NANA200%-
BVPS (₹) 6.56.36.36.15.55.55.45.45.45.45
Adj Net
Profit
-0.1-0.1-0-0.1-0.30-0-0000
Cash Flow from Ops. -0.3-0.1-10.1-0.3-0.10-0.1-0.40.1-
Debt/CF from Ops. 00000000-0.40-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%-100%NA
Adj EPS NANANA200%
BVPS-1.9%-0.1%0%0.6%
Share Price - - 169.1% 39.8%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-3.5-2.2-0.5-2.4-11.90.2-0.6-0.80.20.622.4
Op. Profit
Mgn %
0.5-169.2-0.70-633.40-108.70005.1
Net Profit
Mgn %
-11.2-169.1-0.70-475.70-17.50004
Debt to
Equity
000000000.100
Working Cap
Days
1,34138,027953017,837011,712000116
Cash Conv.
Cycle
8110,61421605,08401,84600065

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales0.950.042.0100.0600.09000
Operating Expenses + 0.950.102.030.070.470.090.180.100.080.07
Manufacturing Costs0000000000
Material Costs0.840.021.9500.0500.08000
Employee Cost 0.050.020.010.010.020.020.020.010.010.01
Other Costs 0.060.060.070.060.400.080.080.090.070.07
Operating Profit 0-0.06-0.01-0.07-0.41-0.09-0.09-0.10-0.08-0.07
Operating Profit Margin (%) 0.5%-169.0%-0.7%--633.0%--108.0%---
Other Income + 00000.100.100.080.080.090.09
Exceptional Items -0.37000000000
Interest 0000000000
Depreciation 0000000000
Profit Before Tax -0.36-0.06-0.01-0.07-0.310.01-0.02-0.0200.01
Tax 0-0-00000000
Profit After Tax -0.36-0.06-0.01-0.07-0.310.01-0.02-0.0200.01
PAT Margin (%) -38.1%-169.0%-0.7%--475.0%--17.5%---
Adjusted EPS (₹)-0.8-0.1-0.0-0.2-0.70.0-0.0-0.00.00.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Tirth Plastic - Standalone

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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Analyst's Notes

data not found
No data found!

Balance Sheet

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

Equity and Liabilities

Shareholders Fund + 2.872.812.802.732.422.432.412.392.402.41
Share Capital 4.454.454.454.454.454.454.454.454.454.45
Reserves -1.58-1.64-1.65-1.72-2.03-2.02-2.04-2.06-2.05-2.04
Debt +000000000.150
Long Term Debt0000000000
Short Term Debt000000000.150
Minority Interest0000000000
Trade Payables0.361.233.090.480.180.180.180.240.210.19
Others Liabilities 0.420.310.300.340.310.330.380.400.100.10
Total Liabilities 3.654.356.193.552.922.942.983.042.862.70

Fixed Assets

Net Fixed Assets +0000000000
Gross Block0000000000
Accumulated Depreciation0000000000
CWIP 0000000000
Investments 0000000000
Inventories0.070.891.421.421.371.371.291.291.291.29
Trade Receivables0.660.632.940.570.150.070.010.0100
Cash Equivalents 0.140.020.010.070.110.110.220.250.060.13
Others Assets 2.782.811.821.491.291.391.461.491.511.28
Total Assets 3.654.356.193.552.922.942.983.042.862.70

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -0.32-0.11-1.010.06-0.26-0.110.03-0.05-0.430.13
PBT -0.36-0.06-0.01-0.07-0.310.01-0.02-0.0200.01
Adjustment 00.0200-0.42-0.10-0.08-0.08-0.09-0.09
Changes in Working Capital 0.05-0.06-10.130.46-0.020.120.05-0.350.21
Tax Paid -0.01-000000000
Cash Flow From Investing Activity + 0000000.080.080.090.09
Capex 000000000-0
Net Investments 0000000000
Others 0000000.080.080.090.09
Cash Flow From Financing Activity + 0.3901-00.300.10000.15-0.15
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000000000
Dividend Paid 0000000000
Others 0.3901-00.300.10000.15-0.15
Net Cash Flow 0.07-0.11-0.010.060.04-00.110.03-0.190.07

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-11.9-2.24-0.5-2.41-11.870.24-0.63-0.830.20.55
ROCE (%)-11.85-2.24-0.5-2.41-11.870.24-0.63-0.820.240.54
Asset Turnover Ratio0.260.010.3800.0200.03000
PAT to CFO Conversion(x)N/AN/AN/AN/AN/A-11N/AN/AN/A13
Working Capital Days
Receivable Days191.206,249.80323.9002,034.200162.40000
Inventory Days28.704,702.90209.6007,910.8005,563000
Payable Days142.700403.8002,460.400786000

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 (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Tirth Plastic Ltd FAQs

The current trading price of Tirth Plastic on 05-Jun-2026 09:07 is ₹29.63.

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 04-Jun-2026 the market cap of Tirth Plastic stood at ₹10.25 Cr

The latest P/E ratio of Tirth Plastic as of 04-Jun-2026 is 26.98.

The latest P/B ratio of Tirth Plastic as of 04-Jun-2026 is 6.29.

The 52-week high of Tirth Plastic is ₹37.30 and the 52-week low is ₹12.11.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Tirth Plastic is ₹9.58 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Tirth Plastic Ltd is a below average quality company.

The key valuation ratios of Tirth Plastic Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

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

About Tirth Plastic Ltd

Tirth Plastic Limited is a public limited company incorporated and domiciled in India. The address of its registered office is in Ahmedabad, Gujarat, India. The company has its primary listing with BSE Ltd. It is the leading traders and exporters of all kind of Plastic Products like Bags, PVC pipes, acrylic sheets (solid surface) in India and it is planning to export in various countries.

Business area of the company

The company is engaged in the business of Trading of Acrelic Solid Surface, Glue AND Other Materials.

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About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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