Ashish Polyplast Ltd Stock Falls to 52-Week Low of Rs.26.15

Stock Price Movement and Market Context

On 13 Feb 2026, Ashish Polyplast Ltd’s stock opened with a gap down of -5.48%, continuing its downward trajectory to hit an intraday low of Rs.26.15, representing an 18.15% drop from recent levels. The stock underperformed its sector by 5.08% on the day, reflecting heightened volatility with an intraday weighted average price volatility of 9.57%. This decline places the stock well below its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling sustained bearish momentum.

In contrast, the broader market benchmark, the Sensex, opened lower by 772.19 points and was trading at 82,880.26, down 0.95% on the day. Despite this, the Sensex remains within 3.96% of its 52-week high of 86,159.02, indicating relative resilience in the wider market compared to Ashish Polyplast’s performance.

Long-Term Performance and Valuation Concerns

Over the past year, Ashish Polyplast Ltd has delivered a negative return of -30.22%, significantly lagging the Sensex’s positive 8.89% gain over the same period. The stock’s 52-week high was Rs.50.31, underscoring the steep decline to its current low. This underperformance extends beyond the last year, with the stock also trailing the BSE500 index over the last three years, one year, and three months.

Valuation metrics further highlight challenges. The company’s return on equity (ROE) stands at a modest 1%, while the price-to-book value ratio is 1.5, indicating a valuation premium relative to peers despite subdued financial returns. This disparity suggests that the stock is trading at a relatively expensive level given its earnings and asset base.

Financial Strength and Profitability Metrics

Ashish Polyplast’s long-term fundamental strength remains weak, as reflected in its average Return on Capital Employed (ROCE) of 4.18%, which is below industry standards. The company’s net sales have grown at a modest annual rate of 4.27% over the past five years, while operating profit growth has been limited to 1.17% annually, indicating subdued expansion and profitability.

Debt servicing capacity is a notable concern, with an average EBIT to interest ratio of just 0.29, signalling limited earnings available to cover interest expenses. This ratio points to financial strain in managing debt obligations, which may weigh on the company’s credit profile and investor confidence.

Recent quarterly results for December 2025 were largely flat, offering little indication of an improvement in the company’s financial trajectory. Profitability has also deteriorated sharply, with profits falling by 64% over the past year, compounding the stock’s negative return.

Shareholding and Market Capitalisation

The majority shareholding in Ashish Polyplast Ltd remains with the promoters, maintaining control over corporate decisions. The company’s market capitalisation grade is rated at 4, reflecting its mid-tier market size within the Plastic Products - Industrial sector.

Mojo Score and Rating Update

MarketsMOJO assigns Ashish Polyplast Ltd a Mojo Score of 21.0, categorising it with a Strong Sell grade as of 12 Feb 2025, an upgrade from the previous Sell rating. This reflects a deteriorated outlook based on comprehensive financial and market data analysis. The downgrade underscores the company’s ongoing challenges in delivering shareholder value and maintaining financial health.

Summary of Key Metrics

To summarise, Ashish Polyplast Ltd’s stock has declined to Rs.26.15, its lowest level in 52 weeks, driven by weak financial performance, limited growth, and valuation concerns. The stock’s underperformance relative to the Sensex and its sector, combined with poor profitability and debt coverage ratios, contribute to the cautious stance reflected in its Strong Sell rating.

Investors and market participants will note the stock’s high volatility and persistent trading below all major moving averages, signalling continued pressure on the share price. While the broader market shows resilience, Ashish Polyplast’s financial metrics and recent results highlight the challenges it faces within the Plastic Products - Industrial sector.

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