HCP Plastene Bulkpack Ltd Stock Analysis

BSE: 526717 | NSE: | Plastic Products | Small Cap

BSE Share Price Jan 24, 12:13
502.70 -26.45 (-5.00%)

DeciZen - Make an Informed Decision on HCP Plastene Bulkpac

Overall Rating

1. Quality

2. Valuation

Overvalued
P/E P/S EV/EBITDA

3. Price Trend

Semi Strong

FAQ's

1. Is HCP Plastene Bulkpack Ltd a good quality company?

Data is not available for this company.

2. Is HCP Plastene Bulkpack Ltd undervalued or overvalued?

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

3. Is HCP Plastene Bulkpack Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of HCP Plastene Bulkpack Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of HCP Plastene Bulkpac:

Analysis of Financial Track Record

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.

Value Creation

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 7%8.6%8.7%1%5.5%6.4%12.5%-88%-51%148.1%-
Value Creation Index -0.5-0.4-0.4-0.9-0.6-0.5-0.1NANA9.6-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 1882202852823043142671885.615.938
YoY Gr. Rt. %-17%29.6%-0.8%7.8%3.1%-14.9%-29.6%-97%182.4%-
Adj EPS 0.72.33.4-5.10.20.88.6-87.8-20.463.460.8
YoY Gr. Rt. %-227.5%49.1%-252.5%NA315.8%989.9%-1120.1%NANA-
BVPS (₹) 6.623.326.721.521.923.231.2-52.4-72.825.721.4
Adj Net Profit 1.523-4.60.20.77.6-89.3-20.764.962
Cash Flow from Ops. -1.15.6-1.7-1.613.812.83.945.94.5-15.8-
Debt/CF from Ops. -35.28.1-39.6-60.46.87.327.42.222-2.4-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales -24%-44.6%-61%182.4%
Adj EPS 65.3%219.7%94.6%NA
BVPS 16.43.3-6.20
Share Price 71.6% 57.6% 86.4% 7879.4%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 8.310.212.2-17.40.73.130.3762.732.6-272.2257.9
Op. Profit Mgn % 3.44.54.423.759.3-37.6-203.3-23.5-12
Net Profit Mgn % 0.80.91.1-1.60.10.22.9-47.5-368.6408.9165.3
Debt to Equity 2.12.22.443.94.53.8-1.9-1.31.41.7
Working Cap Days 7274781051181291781912,81161451
Cash Conv. Cycle 53545468697090791,062330

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 257.90%

Net Profit is growing at healthy rate in last 3 years 94.56%

Sales growth is good in last 4 quarters at 25.00%

Sales growth has been subdued in last 3 years -60.97%

Latest Financials - HCP Plastene Bulkpack Ltd.

Standalone Consolidated
TTM EPS (₹) 60.8 -
TTM Sales (₹ Cr.) 37.6 -
BVPS (₹.) 21.4 -
Reserves (₹ Cr.) 12 -
P/BV 24.69 -
PE 8.71 -
From the Market
52 Week Low / High (₹) 7.87 / 1286.95
All Time Low / High (₹) 0.38 / 1286.95
Market Cap (₹ Cr.) 542
Equity (₹ Cr.) 10.2
Face Value (₹) 10
Industry PE 25.7

Management X-Ray of HCP Plastene Bulkpac :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *41.1341.1341.1341.1341.130.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Analyst's Notes

News

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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