1. Is Plastiblends India Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Plastiblends India Ltd is a average quality company.
2. Is Plastiblends India Ltd undervalued or overvalued?
The key valuation ratios of Plastiblends India Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.
3. Is Plastiblends India Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Plastiblends India Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||11.9%||17.1%||18.4%||17.5%||13%||9.4%||10.5%||11%||10.9%||9.4%||-|
|Value Creation Index ⓘ||-0.2||0.2||0.3||0.3||-0.1||-0.3||-0.3||-0.2||-0.2||-0.3||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||13.9%||6.1%||5.2%||4.9%||4.1%||10.4%||-3.4%||-4.7%||24.3%||-|
|Adj EPS ⓘ||6||9.7||11.3||14||12.4||10||12||13.8||13.7||13.2||11.8|
|YoY Gr. Rt. %||-||61.1%||16%||24.8%||-12%||-19%||19.8%||15.3%||-0.7%||-3.6%||-|
|BVPS (₹) ⓘ||44.9||52.6||60.6||70.9||86||95.4||103.4||108.1||127||146.8||145.4|
|Adj Net Profit ⓘ||15.7||25.2||29.2||36.5||32.1||26||31.2||35.9||35.7||34.4||31|
|Cash Flow from Ops. ⓘ||4.1||37.2||36.7||71.1||25.3||14.7||58.9||74.4||48.1||15.6||-|
|Debt/CF from Ops. ⓘ||14||0.8||0.6||1.2||3.6||7.2||1.3||0.7||0.7||2.1||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||9.1%||1.4%||3.3%||-3.6%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||14||19.9||19.9||21.4||15.8||11||12.1||13.1||11.7||9.7||8|
|Op. Profit Mgn % ⓘ||8||10.2||10.3||11.4||11.7||9.7||9.6||11.1||11.9||8.6||6.3|
|Net Profit Mgn % ⓘ||3.8||5.4||5.9||7||5.9||4.6||5||5.9||6.2||4.8||3.9|
|Debt to Equity ⓘ||0.5||0.2||0.1||0.5||0.4||0.4||0.3||0.2||0.1||0.1||-|
|Working Cap Days ⓘ||125||125||120||123||129||148||141||136||144||130||0|
|Cash Conv. Cycle ⓘ||91||81||72||67||74||98||107||112||114||106||0|
Sales growth is good in last 4 quarters at 18.19%
Return on Equity has declined versus last 3 years average to 8.00%
Sales growth has been subdued in last 3 years 4.61%
Net Profit has been subdued in last 3 years 3.33%
|TTM EPS (₹)||11.8||-|
|TTM Sales (₹ Cr.)||789||-|
|BVPS (₹.) ⓘ||145.4||-|
|Reserves (₹ Cr.) ⓘ||365||-|
|From the Market|
|52 Week Low / High (₹)||153.50 / 263.00|
|All Time Low / High (₹)||1.49 / 333.30|
|Market Cap (₹ Cr.)||418|
|Equity (₹ Cr.)||13|
|Face Value (₹)||5|
|Industry PE ⓘ||31.5|
Plastiblends India Limited, promoted by the 'Kolsite Group' is located in the union territory of Daman, to manufacture various types of Master Batches, Compounds, Blends, Alloys, etc. for the Plastics Industry. Plastiblends India Limited is the first masterbatch manufacturing company in India who has been awarded ISO 9001 Quality Assurance Certification by TUV Bayern, Germany.
Plastiblends India (PBI) is Indiaâ€™s largest manufacturer and exporter of masterbatches and additive compounds for the plastic processing industry. Headquartered in Mumbai, India, their world class manufacturing, product development and application facilities are located in Daman and Roorkee.
The company has made a large investments in innovative technology and R&D and is having a total manufacturing capacity of over 40000 Tones per annum.
The companyâ€™s products are highly compatible with a wide range of polymers like polyolefin, polystyrenes, polyamides, PBT, PET and a diverse range of engineering plastics.
Backed by years of experience the company is able to offer optimum solutions to its customers by constantly monitoring market demand and customersâ€™ changing needs.
PBI has got the coveted â€˜Export Houseâ€™ status by Government of India. They have been making a major export thrust in keeping with their global aspirations. Their products match international quality standards making them globally acceptable. They have been exporting to more than 30 countries worldwide in Asian, African, European, South American Markets and New Zealand. They are poised to extend their footprint to the advanced North American Markets.
Product range of the company includes:
Plastiblends India Limited produces a large range of standard colours suitable for all major processing methods and compatible with polyolefins like PE, PP, EVA. They also supply universal master batches compatible with various plastics like HIPS, ABS, Filled PP.
Its range of Additive Masterbatches include :
Slip Additives, Antioxidants, Antiblocking Agents, Antistatic Agents, Antifibrillation Agents, Ultraviolet Absorbers, Blowing Agents, Nucleating Agents, Optical Brightner and Special Additives.