MPL Plastics Ltd - Stock Valuation and Financial Performance

BSE: 526143 | NSE: MILTONPLAS | Plastic Products | Small Cap

MPL Plastics Share Price

13.28 -0.82 -5.82%
as on 12-Jul'24 16:01

DeciZen - make an informed investing decision on MPL Plastics

M-Cap below 100cr DeciZen not available

MPL Plastics stock performance -

mw4me loader
P/E Ratio (SA):
1.83
Market Cap:
16.6 Cr.
52-wk low:
12.7
52-wk high:
24.4

Is MPL Plastics Ltd an attractive stock to invest in?

1. Is MPL Plastics Ltd a good quality company?

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

2. Is MPL Plastics Ltd undervalued or overvalued?

The key valuation ratios of MPL Plastics Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is MPL Plastics Ltd a good buy now?

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

10 Year X-Ray of MPL Plastics:

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

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 15.1%5.9%31.3%15.5%4.4%-37%-49.5%-22.2%-566.5%-17.2%-
Value Creation
Index
0.1-0.61.20.1-0.7NANANA-41.5-2.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 44.945.231.221.322.16.14.10000
Sales YoY Gr.-0.8%-31.1%-31.8%3.9%-72.6%-33.2%-99.3%-100%NA-
Adj EPS 4.10.91.710.3-2.2-1.8-0.628.51.87.3
YoY Gr.--77.5%91.2%-40.2%-70.2%-809.7%NANANA-93.7%-
BVPS (₹) -142.3-141.4-139.7-139-138.8-141.3-143.3-143.7-13-9.7-2.5
Adj Net
Profit
5.11.12.21.30.4-2.7-2.3-0.735.62.39
Cash Flow from Ops. -5.431.12.7-0.3-0.100.2-0.3182-0.3-
Debt/CF from Ops. -405.967.8-647.5-3071.94739.6994.9-738.80-4.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -60.7%-78.6%-86.5%NA
Adj EPS -8.6%42.3%NA-93.7%
BVPSNANANANA
Share Price -1.3% 20.1% 19.2% -1.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-2.8-0.6-1.2-0.8-0.21.61.30.4-36.4-16-119.4
Op. Profit
Mgn %
-1.24.297.43.2-39.3-61.8-2292.50-12318.6NAN
Net Profit
Mgn %
11.32.576.11.8-45.3-56.7-2184.3016198.6INF
Debt to
Equity
-1.2-1-1.1-1.1-1.1-1-1-1-0.1-0.1-
Working Cap
Days
3001739915019159647539,800033,5290
Cash Conv.
Cycle
208-4-5271087-7440-3370

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years -86.48%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -25.00%

Latest Financials - MPL Plastics Ltd.

Standalone Consolidated
TTM EPS (₹) 7.3 -
TTM Sales (₹ Cr.) 0 -
BVPS (₹.) -2.5 -
Reserves (₹ Cr.) -16 -
P/BV -5.42 -
PE 1.83 -
From the Market
52 Week Low / High (₹) 12.65 / 24.35
All Time Low / High (₹) 2.51 / 135.00
Market Cap (₹ Cr.) 16.6
Equity (₹ Cr.) 12.5
Face Value (₹) 10
Industry PE 48.7

Management X-Ray of MPL Plastics:

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 (%)

Event Update

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Analyst's Notes

Key Ratios of MPL Plastics

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales44.8845.2431.1721.2622.086.064.050.0300.01
Operating Expenses 45.4143.3228.3519.8421.699.016.610.796.141.74
Manufacturing Costs9.609.105.641.950.180.180.170.010.010.75
Material Costs31.8929.5018.8614.8918.054.072.68000
Employee Cost 1.862.392.321.871.881.892.070.480.280.29
Other Costs 2.072.341.531.131.582.871.690.295.850.71
Operating Profit -0.531.922.821.420.39-2.95-2.56-0.76-6.14-1.72
Operating Profit Margin (%) -1.2%4.2%9.0%6.7%1.8%-48.7%-63.2%-2,363.1%--12,318.6%
Other Income 0.020.030.110.080.020.040.460.300.980.59
Interest 0.260.260.400000000.01
Depreciation 0.340.560.360.310.240.230.210.220.110.10
Exceptional Items 6.180000000182.472.11
Profit Before Tax 5.071.132.171.190.17-3.14-2.32-0.67177.200.86
Tax 0000000013.84-3.26
Profit After Tax 5.061.132.171.190.17-3.14-2.32-0.67163.364.12
PAT Margin (%) 11.3%2.5%7.0%5.6%0.8%-51.9%-57.2%-2,097.2%-29,448.6%
Adjusted EPS (₹)4.10.91.71.00.1-2.5-1.9-0.5130.73.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund -177.83-176.70-174.52-173.66-173.48-176.63-179.04-179.62-16.26-12.13
Share Capital 12.5012.5012.5012.5012.5012.5012.5012.5012.5012.50
Reserves -190.33-189.20-187.02-186.16-185.97-189.13-191.54-192.12-28.76-24.63
Minority Interest0000000000
Debt213.27184.42182.47182.47182.47182.47182.47182.470.831.15
Long Term Debt131.12103.63103.63103.63103.63103.63103.63103.6300
Short Term Debt82.1580.8078.8578.8578.8578.8578.8578.850.831.15
Trade Payables7.155.164.835.316.052.791.781.881.011.18
Others Liabilities 6.253.683.522.202.192.182.162.1018.7514.06
Total Liabilities 48.8416.5716.3016.3217.2410.817.376.834.334.25

Fixed Assets

Gross Block46.3346.5546.653.773.763.303.183.123.122.34
Accumulated Depreciation41.9742.5342.890.310.550.7811.211.321.42
Net Fixed Assets4.364.023.763.463.212.512.181.901.800.91
CWIP 0000000000
Investments 1.451.451.451.300.990.880.900.930.930.96
Inventories7.924.703.683.261.670.240.02000
Trade Receivables4.072.022.863.797.273.110000
Cash Equivalents 0.330.360.600.340.320.370.770.540.311.10
Others Assets30.714.013.954.163.783.693.503.461.301.27
Total Assets 48.8416.5716.3016.3217.2410.817.376.834.334.25

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -5.3831.072.69-0.28-0.060.040.18-0.25181.53-0.28
PBT -1.111.132.171.190.17-3.14-2.32-0.67-19.11-1.25
Adjustment 0.630.860.760.430.530.790.220.180.090.08
Changes in Working Capital -4.8929.08-0.24-1.9-0.762.492.410.18200.550.89
Tax Paid 00000-0.10-0.130.0600
Cash Flow From Investing Activity 6.06-0.22-0.09-0.010.0200.070.040.010.78
Capex -0.12-0.22-0.09-0.010.0200.070.0400.78
Net Investments 000000000.010
Others 6.18000000000
Cash Flow From Financing Activity -0.82-30.82-2.360.020.020.020.020.03-181.630.31
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -0.26-0.26-0.39000000-0.01
Dividend Paid 0000000000
Others -0.56-30.56-1.960.020.020.020.020.03-181.630.33
Net Cash Flow -0.140.040.24-0.27-0.020.050.27-0.18-0.100.81
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
ROCE (%)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Asset Turnover Ratio1.071.722.371.621.360.430.45000
PAT to CFO Conversion(x)-1.0627.51.24-0.24-0.35N/AN/AN/A1.11-0.07
Working Capital Days
Receivable Days2620234688313140000
Inventory Days48413948395812000
Payable Days767697124115396311000

MPL Plastics Ltd Stock News

MPL Plastics Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of MPL Plastics on 12-Jul-2024 16:01 is ₹13.28.
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 12-Jul-2024 16:01 the market cap of MPL Plastics stood at ₹16.60.
The latest P/E ratio of MPL Plastics as of 12-Jul-2024 16:01 is 1.83.
The latest P/B ratio of MPL Plastics as of 12-Jul-2024 16:01 is -5.42.
The 52-week high of MPL Plastics is ₹24.35 and the 52-week low is ₹12.65.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of MPL Plastics is ₹0.00 ( Cr.) .

About MPL Plastics Ltd

Milton Plastics Ltd. was incorporated in May 1992 by taking over the assets of the partnership firm Milton Plastics. It currently manufacturers a range of plastic household items, insulated thermo ware items, vacuum flasks etc. The company has 6 associate industrial business units with substantial plasticizing capacity which do job work for Milton Plastics.

The company has a technological tie-up with German major IPV that provides know-how for its softline series of thermo ware. IPV also has a buyback arrangement with Milton through which 35% of softline products are exported. It is importing the glassware range from countries like Brazil, Mexico and Indonesia. The imported glassware, sold under brand name Treo, is now being offered at an Indian price. The glassware range includes drinking glasses, dinner sets, mixing bowls that are microwave-safe and heat resistant.

The registered office of the company is located at Asian Building, 4th Floor, R Kamani Marg, Ballard Estate Mumbai, Maharashtra- 400001.

Products

  • Thermo ware electrical products
  • Casarols
  • Water Bottles
  • Water Jugs
  • Vacuum Flask 
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