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HCP Plastene Bulkpack Ltd (526717)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526717 NSE: Plastic Products | Small Cap | HCP Plastene Bulkpac Share Price

₹228.60 -11.95 (-4.97%)

As on 04-Jun'26 16:59

HCP Plastene Bulkpack Ltd (526717)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526717 NSE: Plastic Products | Small Cap | HCP Plastene Bulkpac Share Price

₹228.60 -11.95 (-4.97%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹244 Cr.
Current Price
₹228.6
52-Week Low / High
₹140 / 284
TTM EPS
₹16.2
TTM Sales
₹289 Cr.
Book Value per Share
₹60.2
P/E Ratio
14.15
Industry PE
39
Price to Book (P/B)
3.80
Lower than its 5-year historical median
Price to Sales (P/S)
0.84
Lower than its 5-year historical median
EV/EBITDA
10.85
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
13.05%
Outperforms industry median
Return on Capital Employed (ROCE)
13.19%
Outperforms industry median
Return on Assets (ROA)
7.67%
Operating Profit Margin
11.6%
Net Profit Margin
4.86%
Gross Profit Margin
8.4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
159.25%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
971.88%
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
75.00%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹54 Cr.
Equity
₹10.7 Cr.
Face Value
₹10
All Time Low / High
₹0.37 / 1286.75

HCP Plastene Bulkpack stock performance

Key Ratios
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Check Before You Invest

Valuation

Fair

Price Trend

Weak
Q.1 Is HCP Plastene Bulkpack Ltd a good quality company?
HCP Plastene Bulkpack Ltd is a weak quality company, based on a inconsistent 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 HCP Plastene Bulkpack Ltd performance compare with that of its Peers?
Q.1 Revenue growth of HCP Plastene Bulkpack Ltd vs industry peers?
HCP Plastene Bulkpack Ltd revenue CAGR is 83.86%, compared to the industry median CAGR of 4.71%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of HCP Plastene Bulkpack Ltd?
Promoters hold 75.00% of the HCP Plastene Bulkpack Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of HCP Plastene Bulkpack Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 26.8% based on the current price.

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.
HCP Plastene Bulkpack 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 % 8.1%9.5%14.8%-83.6%-48.5%100.9%-2.5%-5.5%-0.2%13.2%-
Value Creation
Index
-0.4-0.30.1NANA6.2-1.2-1.4-1.0-0.1-

Growth Parameters

Sales 3043142671885.615.949.348.445.6118289
Sales YoY Gr.-3.1%-14.9%-29.6%-97%182.4%210.8%-1.9%-5.9%159.3%-
Adj EPS 0.20.88.6-87.8-20.463.4-3.6-5.2-2.7516.2
YoY Gr.-315.8%989.9%-1120%NANA-105.7%NANANA-
BVPS (₹) 21.923.231.2-52.4-72.825.722.14138.643.960.2
Adj Net
Profit
0.20.77.6-89.3-20.764.9-3.7-5.5-2.85.317
Cash Flow from Ops. 13.812.83.945.94.5-15.85.3-15-13.1-5.8-
Debt/CF from Ops. 6.87.327.42.222-2.47.4-2.3-3.7-10-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -10%83.9%33.8%159.3%
Adj EPS 43.7%NANANA
BVPS8.1%NA25.7%14%
Share Price 24.4% 50.9% -2.2% 46.6%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
0.73.130.3762.732.6-272.2-15.1-16.6-6.611.831
Op. Profit
Mgn %
3.759.3-37.6-203.3-23.55.9-1.82.911.610.4
Net Profit
Mgn %
0.10.22.9-47.5-368.6408.8-7.5-11.4-6.24.56
Debt to
Equity
3.94.53.8-1.9-1.31.41.70.81.21.20.5
Working Cap
Days
1181291781912,81161415315622214065
Cash Conv.
Cycle
697090791,06233-2121129618

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales304314267188616494846118
Operating Expenses + 2932982422591720464944104
Manufacturing Costs24232320141171012
Material Costs25325720017691130362785
Employee Cost 6687114454
Other Costs 11111156642224
Operating Profit 111625-71-11-43-1114
Operating Profit Margin (%) 3.6%5.0%9.3%-37.6%-203.0%-23.5%5.9%-1.8%2.8%11.6%
Other Income + 5001000011
Exceptional Items 01-100530000
Interest 9101113413345
Depreciation 6666655332
Profit Before Tax 017-89-2144-5-7-48
Tax 000-0-0-20-1-2-12
Profit After Tax 017-89-2164-4-5-36
PAT Margin (%) 0.1%0.4%2.7%-47.4%-368.0%400.9%-7.5%-11.1%-6.1%4.9%
Adjusted EPS (₹)0.41.38.0-87.6-20.462.2-3.6-5.0-2.65.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of HCP Plastene Bulkpac - 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 + 242128-53-742623444147
Share Capital 149910101010111111
Reserves 111219-63-841612333036
Debt +88869761613830214258
Long Term Debt393535003830212618
Short Term Debt48526161610001640
Minority Interest0000000000
Trade Payables2935454334717423
Others Liabilities 1621174446-23-14-12-20-24
Total Liabilities 15616318694684955566585

Fixed Assets

Net Fixed Assets +47444239322725252119
Gross Block100102106109107106106108107107
Accumulated Depreciation53596470747981848688
CWIP 0000000000
Investments 0000009999
Inventories34364951736515
Trade Receivables57657127203651829
Cash Equivalents 1121300110
Others Assets 17182322121111111112
Total Assets 15616318694684955566585

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 14134464-165-15-13-6
PBT 017-89-2144-5-7-48
Adjustment 1614184610-458669
Changes in Working Capital -3-3-218916-143-14-15-22
Tax Paid -0-0-000-0-0-1-0-0
Cash Flow From Investing Activity + -0-2-5-30-1-3-211
Capex -0-2-4-30-1-3-200
Net Investments 00-80000001
Others 008000001-0
Cash Flow From Financing Activity + -13-121-43-414-218115
Net Proceeds from Shares 00260100000
Net Proceeds from Borrowing 0-210-36061-5140
Interest Paid -9-10-11-13-4-1-3-3-4-5
Dividend Paid 0-0-00000000
Others -4-00-000026010
Net Cash Flow 1-11-01-301-1-0

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)1.645.7329.47N/AN/A0-15.03-16.11-6.5113.05
ROCE (%)8.089.4914.83N/AN/A100.9-2.51-5.45-0.1713.19
Asset Turnover Ratio2.052.011.531.340.070.270.950.870.751.58
PAT to CFO Conversion(x)N/A130.57N/AN/A-0.25N/AN/AN/A-1
Working Capital Days
Receivable Days62.6069.1092.4095.101,524.90263.8035.7041.1092.1073.70
Inventory Days37.7039.9058.1053.20205.9086.1034.6031.5042.7031.20
Payable Days36.7045.7073.4091.201,502.30707.70145.60104.2039.2011.10

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

HCP Plastene Bulkpack Ltd FAQs

The current trading price of HCP Plastene Bulkpac on 04-Jun-2026 16:59 is ₹228.6.

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 03-Jun-2026 the market cap of HCP Plastene Bulkpac stood at ₹244.0 Cr

The latest P/E ratio of HCP Plastene Bulkpac as of 03-Jun-2026 is 14.15.

The latest P/B ratio of HCP Plastene Bulkpac as of 03-Jun-2026 is 3.80.

The 52-week high of HCP Plastene Bulkpac is ₹284.4 and the 52-week low is ₹140.1.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of HCP Plastene Bulkpac is ₹289 ( Cr.) .

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

The key valuation ratios of HCP Plastene Bulkpack 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 HCP Plastene Bulkpack Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About HCP Plastene Bulkpack Ltd

Gopala PolyPlast is a manufacturer of woven label, Garment Label, Woven Labels, Customized Woven Labels, Indian Woven Label, Garment Woven Labels, Fancy Woven Label, and Quality Woven Label. Woven Label India-Woven Label Supplier-Indian Woven Label-India Woven Label Woven Labels, woven label manufacturer and PP woven bag in India.

Gopala Polyplast, a listed public limited company having its registered office in Mumbai and manufacturing units at Santej & Kadi in Gujarat and at Silvassa in D& NH. Gopala Polyplast, has a state of art imported plant for manufacturing labels. The Jacquard Looms are imported from Switzerland with supporting CAD studio and pattern creating & weave software supplied by the plant manufacturer itself. The company has further machines for value added functions like Cut & Fold, Filled Label machine, Ultrasonic Laser cutting machine which help the company to cater to the add on requirement of Garment manufacturers.

The company has a presence at all the major garment manufacturing locations in the Country. It has direct marketing offices at Mumbai, Chennai, Gurgaon (Delhi), Tirupur, Bangalore and Ahmedabad. It also has an agent set up at Kolkata, Ludhiana and Indore. The Company is also getting into buying houses for nomination as supplier of labels to various overseas garment company who are sourcing their products from Asia & Africa.

The company was set up to manufacture PP/PE Woven Sacks at Kadi, Gujarat with an installed capacity of 0.70 Lac bags per month. Since then, the company has grown leaps & bound with three manufacturing units located at Kadi, Santej and Silvassa with an installed capacity of 130 lakh bags per month in its woven sacks division. In the year 1993, the company diversified into the textile industry by putting up a plant to manufacture Woven Jacquard labels for garments. This division started with a capacity of 550 Lac pcs p.a. capacity has today reached to a level of 3000 Lac pcs p.a. Today GOPALA is one of the top ten players of the country in both divisions.

The company has the best insfrastructure in terms of factory building and plant & machinery. At its Santej works the company has three tape extrusion plants which are supplemented with 170 Circular Weaving Looms and other Quality Control Equipments. The Kadi & Santej works houses the Finishing division with Automatic Cutting & Printing Machines and Stitching Machines.

Woven sacks are the best and the most cost effective packaging solution for industries like cement, fertilizer, sugar, chemicals, foodgrains, etc. There are various types of bags made out of PP/ HDPE and with or without lamination. Apart from it there are Jumbo bags which are used to pack bulk quanitities.  Off late woven fabric which is the first stage of woven sacks, is a preferred medium for bale wrapping and rain protection in the form of Tarpaulin.

Today majority of woven sacks manufacturers are into different products from the above, however Gopala Polyplast has been solely into manufacturing of woven sacks for cement packaging. This specialization has helped the company to get associated with the best of the Cement manufacturers in the country with some of the companies sourcing their packaging requirement from the company for the last 10 years and more. The company is presently manufacturing woven sacks for :

  • Gujarat Ambuja Cements Limited
  • Vikram Cement – A unit of Grasim Industries Limited
  • Ultratech Cements Ltd. – (erstwhile Cement Division of L&T)
  • JK Lakshmi Cement Ltd.
  • ACC Limited
  • Sanghi Industries Ltd. – Cement Divison
  • Rain Industries Ltd. – (formerly Priyadarshini Cements)
  • Shree Cement Limited
  • Birla Corp Limited
  • Century Cement
  • Mahiar Cement

Product range of the company includes:

  • Woven label
  • Custom woven clothing label
  • Woven clothing label
  • Custom woven label
  • Personalized woven label
  • Charm woven label
  • Woven garment label
  • Woven name label
  • Woven fabric label
  • Woven label manufacturer
  • Label apparel woven
  • Woven label machine
  • Heirloom woven label
  • Sewing woven label
  • Woven label wholesale
  • Woven size label
  • Woven label clothes
  • Iron woven label

Apart from woven labels,they have capability to supply special labels like self sticking labels, printed labels, PU labels, tags, etc. This capability combined with their vast experience in the textile industry, make them 'One-Stop' manufacturing facility for your requirements in the garment sector.

Different divisions of the company :

  • Woven sacks division
  • Woven Jacquard labels

Achievements/ recognition :

  • Gopala has nomination as supplier of woven labels to STEVE & BARRYS, a retail chain of Garment stores in USA.
  • The company is one of the top three suppliers at first five cement manufacturers.
  • They are fastest growing organization in INDIA in the field of HDPE/PP Bags & Sacks.
  • They are leading Manufactures, Exporter and Supplier of PP/HDPE woven sacks & Bags including Laminated bags & sack.
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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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