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Ecoplast Ltd (526703) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

BSE: 526703 NSE: | Plastic Products | Small Cap

Ecoplast Share Price

454.85 -25.80 (-5.37%)
As on 11-May'26 16:59

Ecoplast Ltd (526703)

BSE: 526703 NSE:
Key Metrics
Market Cap
₹157 Cr.
P/E Ratio
20.98
Price to Book (P/B)
1.97
Price to Sales (P/S)
1.13
EV/EBITDA
10.14
Return on Capital Employed (ROCE)
19.65%
Current Price
₹454.9
Return on Equity (ROE)
13.84%
Return on Assets (ROA)
11.34%
Operating Profit Margin
9.7%
Net Profit Margin
6.37%
Gross Profit Margin
11.1%
Book Value per Share
₹230.6
Sales Growth (YoY)
11.59%
Sales Growth (3 Years)
10.39%
Operating Profit Growth (1 Year)
-6.24%
Operating Profit Growth (3 Years)
248.93%
Net Profit Growth (1 Year)
-14.89%
52-Week Low / High
₹392 / 773
Net Profit Growth (3 Years)
N/A%
Dividend Yield
0.00%
Promoter Holding
64.84%
Pledged shares (%)
of Promoter's holding (%)
0.00%

Check Before You Invest

Q.1 Stock return of Ecoplast Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 18.9% based on the current price.
Q.1 Revenue growth of Ecoplast Ltd?
Ecoplast Ltd revenue growth is 11.6% for FY-2025, which is above its 5-year CAGR of 5.64%, indicating faster growth.
Q.1 Which industry/sub-sector does Ecoplast Ltd belong to?
Ecoplast Ltd belongs to the Chemicals & Fertilizers sector, operating specifically within the Plastic Products segment.
Q.1 Promoter shareholding and pledge status of Ecoplast Ltd?
Promoters hold 64.84% of the Ecoplast Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Revenue growth of Ecoplast Ltd vs industry peers?
Ecoplast Ltd revenue CAGR is 5.64%, compared to the industry median CAGR of 4.71%, indicating faster growth and gaining its market share.

DeciZen - make an informed investing decision on Ecoplast

Based on:

Overall Rating
Login to view analysis. M-Cap below 500cr. High Risk from low Liquidity

1. Quality


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2. Valuation


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3. Price Trend


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Ecoplast stock performance

Key Ratios
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Is Ecoplast Ltd an attractive stock to invest in?


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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.
Ecoplast Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 15.8%14.5%16.5%14.5%14%3.5%-3.7%18.5%33.4%19.7%-
Value Creation
Index
0.10.00.20.00-0.8-1.30.31.40.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 93.196.195.992.796.275.494.196113127139
Sales YoY Gr.-3.3%-0.2%-3.3%3.8%-21.7%24.9%2%18.2%11.6%-
Adj EPS 7.56.48.510.613.20-6.47.130.321.721.7
YoY Gr.--15.5%33.2%25.5%23.9%-99.9%-63800%NA328.7%-28.3%-
BVPS (₹) 73.380.58997.6106.6105.895.7111140.8214.9230.6
Adj Net
Profit
2.31.92.53.240-1.92.19.17.57
Cash Flow from Ops. 62.76.43.55.48.5-2.414.812.85.1-
Debt/CF from Ops. 1.75.21.62.62.30.9-5.70.100-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 3.5%5.6%10.4%11.6%
Adj EPS 12.5%10.6%NA-28.3%
BVPS12.7%15.1%31%52.6%
Share Price 18.4% 36.4% 72.9% -25.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
10.78.31011.412.90-6.36.824.112.99.7
Op. Profit
Mgn %
76.16.778.54.30.75.911.69.78.7
Net Profit
Mgn %
2.422.73.44.10-22.285.95.4
Debt to
Equity
0.50.60.40.30.40.30.5000-
Working Cap
Days
112112124129127162134117858972
Cash Conv.
Cycle
56586976801089177464857

Recent Performance Summary

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Latest Financials

Standalone Consolidated
TTM EPS (₹) 21.7 21.7
TTM Sales (₹ Cr.) 139 139
BVPS (₹) 230.6 231
Reserves (₹ Cr.) 76 76
P/BV 1.97 1.97
PE 20.98 20.92
From the Market
52 Week Low / High (₹) 392.10 / 773.40
All Time Low / High (₹) 3.00 / 774.00
Market Cap (₹ Cr.) 157
Equity (₹ Cr.) 3.5
Face Value (₹) 10
Industry PE 41

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 Ecoplast - 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
Sales9396969396759496113127
Operating Expenses + 8790898689729490100114
Manufacturing Costs888897891213
Material Costs69727065645370687183
Employee Cost 6778981091113
Other Costs 3345746456
Operating Profit 766673061312
Operating Profit Margin (%) 7.0%6.1%6.7%7.0%7.1%4.3%0.3%5.9%11.6%9.7%
Other Income + 0121111422
Exceptional Items 0000000000
Interest 1222111100
Depreciation 2222233223
Profit Before Tax 435450-361211
Tax 112120-1233
Profit After Tax 223330-2498
PAT Margin (%) 2.5%2.4%3.1%3.7%3.5%0.3%-1.9%4.6%8.4%6.4%
Adjusted EPS (₹)7.87.79.911.311.30.8-5.914.831.623.3
Dividend Payout Ratio (%)19.30%15.60%15.10%13.30%13.30%191.20%0%10.10%9.50%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund + 22242729323229334274
Share Capital 3333333333
Reserves 19212426292926303971
Debt +10139811512000
Long Term Debt2321453000
Short Term Debt71077819000
Minority Interest0000000000
Trade Payables810988886910
Others Liabilities 3443366444
Total Liabilities 43504848545154445587

Fixed Assets

Net Fixed Assets +10131212181716151625
Gross Block29141617262728303244
Accumulated Depreciation1924581013151619
CWIP 0001110001
Investments 12221111119
Inventories9101112101013101215
Trade Receivables17191717212020121116
Cash Equivalents 00000013109
Others Assets 6555334344
Total Assets 43504848545154445587

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 636459-215135
PBT 435450-361211
Adjustment 3333445223
Changes in Working Capital 1-30-2-25-581-6
Tax Paid -1-1-2-1-2-0-0-1-3-3
Cash Flow From Investing Activity + -1-4-1-0-7-1-21-4-29
Capex -1-4-1-2-9-1-20-4-12
Net Investments 0-0-0000000-18
Others 0002100000
Cash Flow From Financing Activity + -52-6-32-74-14-223
Net Proceeds from Shares 00000000025
Net Proceeds from Borrowing -11-1-131-2-2-0-0
Interest Paid -1-2-2-2-1-1-1-1-0-0
Dividend Paid -10-0-0-0-000-0-1
Others -13-2-00-78-10-1-0
Net Cash Flow -00-0-0-00127-1

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)11.031011.712.111.060.74-5.8314.3425.0613.84
ROCE (%)15.8214.5216.5414.5114.043.47-3.7118.5133.3919.65
Asset Turnover Ratio2.372.32.021.941.91.441.81.972.311.79
PAT to CFO Conversion(x)31.521.331.67N/AN/A3.751.440.63
Working Capital Days
Receivable Days60.2061.60666570.2098.6077.4060.4036.1038.30
Inventory Days31.1032.2039.9045.1041.7049.9044.5044.1036.6038.90
Payable Days44.1044.9047.104543.1055.4041.7037.5038.2040

Top 5 Mutual Funds Holding

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Announcements

Ecoplast Ltd FAQs

The current trading price of Ecoplast on 11-May-2026 16:59 is ₹454.9.

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 10-May-2026 the market cap of Ecoplast stood at ₹157.1 Cr

The latest P/E ratio of Ecoplast as of 10-May-2026 is 20.98.

The latest P/B ratio of Ecoplast as of 10-May-2026 is 1.97.

The 52-week high of Ecoplast is ₹773.4 and the 52-week low is ₹392.1.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ecoplast is ₹139 ( Cr.) .

About Ecoplast Ltd

The company was incorporated on May 7,1981 as Ecoplast Pvt. Ltd.. The name of the company was changed to Ecoplast Limited on June 18, 1994, for which a fresh Certificate of Incorporation was issued by the Registrar of Companies, Gujarat on July 11, 1994.

The company commenced its commercial operation in September 1982, with a plant of annual capacity of 540 MT. it was initially registered as an SSI Unit. The company expanded its capacity in 1986 to 1400 MT/year and was registered as a DGTD Unit. The two co-extrusion lines were supplied by Paul Kiefel, GmbH, W. Germany, a well known supplier world-wide of film Co-extrusion equipment.

Over the decade, the company has been setting standards on quality and innovating on multilayer film structures to provide the required film properties critical to pack, preserve and display a wide range of products.

Ecoplast Ltd. is in the business of manufacturing and selling polyethylene films for flexible packaging and other specialty applications. The films currently manufactured are known as multilayer films produced by the blown film Co-extrusion process.

Multilayer films, are a combination of two or more thermoplastics co-extruded to form one homogenous film, but with distinct individual layers, which depending on their structure, can provide a range of properties not possible with monolayer films.

The company further expanded its multilayer film production capacity by 2500 MT in 1995.The company commenced exports of films to convertors in the Middle East in the year 2000. Since then exports have grown at the rate of 50% per year, to 1200 MT in the year ended March 31, 2003.

To support the growth in exports and to reduce delivery time, the company further expanded its Multilayer film capacity by 60% in the year ended 31st March 2001. With this expansion the company's Multilayer film capacity grew to 7500 MT per year. The total area of the factory is 7700 sq. meters. Six blown film lines are housed in the two buildings of area 1700 sq. meters. Total manpower of the organisation is 92.

Product range of the company includes:

  • Lamination Films
  • Agro-Products Fertilizers
  • Cable Wrap
  • Cosmetics & Toiletries
  • Food & Beverages
  • Pharmaceuticals
  • Speciality Applications

Surface Protection Films They can manufacture SPF Films upto 1300 mm in Black and White and 1550mm in White Opaque and natural.

They are always willing to develop individual requirements and their sales and technical team are always on hand to give recommendation on the appropriate product that is suitable for your application.

Achievements/ recognition:-

  • PFFCASTAR 2003 - Awarded in Recognition of Excellence in Product Development and Development of New Structures (Flexible) by Paper, Film and Foil Convertors Association, India.
  • PLEXCOUNCIL AWARDS- The Highest Recognition for Exports of Multilayer Films for 2001-2002 & 2002-2003, awarded by PLEXCOUNCIL. (SPONSOR: The Ministry of Commerce & Industry, Department of Commerce, Government of India)
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