Ashish Polyplast

Why is Ashish Polyplast Ltd falling/rising?

As of 31-Aug, Ashish Polyplast Ltd's stock price is Rs 26.92, down 0.33%, and has significantly underperformed with a year-to-date decline of 22.49% compared to the Sensex's 9.70%. The stock is near its 52-week low and shows a bearish trend with reduced investor participation.

As of 31-Aug, Ashish Polyplast Ltd's stock price is falling, currently at Rs 26.92, reflecting a decrease of Rs 0.09 or 0.33%. The stock has been underperforming in recent periods, with a decline of 2.18% over the past week and 7.14% over the past month, compared to the Sensex which has decreased by only 0.53% and 1.46%, respectively. Year-to-date, the stock has fallen by 22.49%, significantly worse than the Sensex's decline of 9.70%. Over the past year, the stock has decreased by 27.05%, while the Sensex has only fallen by 3.57%.<BR><BR>Additionally, the stock is currently trading close to its 52-week low, just 1.4% above Rs 26.15. It has also experienced consecutive losses over the last two days, with a total decline of 6.95% during this period. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, there has been a significant drop in investor participation, with delivery volume on August 28 falling by 98.85% compared to the 5-day average. This lack of liquidity and declining interest from investors further contributes to the stock's downward movement.

Who are in the management team of Ashish Polyplast?

The management team of Ashish Polyplast includes Ashish Dahyabhai Panchal (Chairman & Managing Director), Kantaben Dahyabhai Panchal (Director), Rakeshbhai N Panchal (Independent Director), Aayushi Soni (Company Secretary & Compliance Officer), and Khushbu Mahendrabhai Kansara (Independent Director).

The management team of Ashish Polyplast includes the following individuals:<BR><BR>1. **Ashish Dahyabhai Panchal** - Chairman & Managing Director<BR>2. **Kantaben Dahyabhai Panchal** - Director<BR>3. **Rakeshbhai N Panchal** - Independent Director<BR>4. **Aayushi Soni** - Company Secretary & Compliance Officer<BR>5. **Khushbu Mahendrabhai Kansara** - Independent Director<BR><BR>If you need more details about their roles or the company, feel free to ask!

What does Ashish Polyplast do?

Ashish Polyplast Ltd is a manufacturer and exporter of premium braided and flexible PVC hoses, incorporated in 1994. As of June 2026, it reported net sales of 3 Cr and a net profit of 1 Cr, with a market cap of INR 10 Cr.

Overview:<BR>Ashish Polyplast Ltd is a distinguished manufacturer and exporter of Premium Braided Hoses and Flexible PVC Hoses, operating in the Plastic Products - Industrial industry within the Micro Cap market.<BR><BR>History:<BR>Incorporated as a public limited company on February 25, 1994, Ashish Polyplast Ltd has maintained its status as a manufacturer of PVC Pipes. The latest quarterly results report net sales and profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 3 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 1 Cr (Quarterly Results - Jun 2026)<BR>- Market-cap: INR 10 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 21.00<BR>- Industry P/E: 34<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.15<BR>- Return on Equity: 6.29%<BR>- Price to Book: 1.34<BR><BR>Contact Details:<BR>Address: A/305 Samudra Complex, Near Hotel Klassic Gold Ahmedabad Gujarat : 380006<BR>Tel: 91-79-26445495/26426758/26445090<BR>Email: realon@sify.com<BR>Website: http://www.ashishpolyplast.com

Who are the peers of the Ashish Polyplast?

Peers of Ashish Polyplast include Tijaria Polypipe, Aik Pipes & Poly, Kunststoff Inds., L.K.Mehta Poly., Arcee Industries, Amerise BioScie, Bloom Dekor, and Integ. Thermopl. Ashish Polyplast has below average management risk and a 1-year return of -27.05%, better than Aik Pipes & Poly but worse than Arcee Industries, which has the highest return at 166.36%.

Peers: The peers of Ashish Polyplast are Tijaria Polypipe, Aik Pipes & Poly, Kunststoff Inds., L.K.Mehta Poly., Arcee Industries, Amerise BioScie, Bloom Dekor, and Integ. Thermopl.<BR><BR>Quality Snapshot: Excellent management risk is observed at Amerise BioScie, while Good management risk is found at Aik Pipes & Poly. Average management risk is present at Kunststoff Inds. and L.K.Mehta Poly., while Below Average management risk is noted for Ashish Polyplast, Arcee Industries, and the rest. Growth is Excellent at Amerise BioScie, Good at L.K.Mehta Poly., Below Average at Aik Pipes & Poly, Kunststoff Inds., and Integ. Thermopl., and Below Average for Ashish Polyplast, Arcee Industries, and the rest. Capital Structure is Good at Kunststoff Inds. and Ashish Polyplast, Average at L.K.Mehta Poly. and Integ. Thermopl., and Below Average for Aik Pipes & Poly, Arcee Industries, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Arcee Industries at 166.36%, while the lowest is Aik Pipes & Poly at -51.09%. Ashish Polyplast's 1-year return is -27.05%, which is better than Aik Pipes & Poly but worse than Arcee Industries. Additionally, Tijaria Polypipe, Aik Pipes & Poly, Kunststoff Inds., Arcee Industries, Bloom Dekor, and Integ. Thermopl. all have negative six-month returns.

How big is Ashish Polyplast?

As of 31st August, Ashish Polyplast Ltd has a market capitalization of 10.00 Cr, with recent net sales of 14.71 Cr and a net profit of 0.43 Cr. Shareholder's funds are 6.72 Cr and total assets amount to 8.07 Cr as of March 2025.

As of 31st August, Ashish Polyplast Ltd has a market capitalization of 10.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Ashish Polyplast reported Net Sales of 14.71 Cr and a Net Profit of 0.43 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 6.72 Cr and Total Assets of 8.07 Cr.

Which are the latest news on Ashish Polyplast?

Should I buy, sell or hold Ashish Polyplast Ltd?

When is the next results date for Ashish Polyplast Ltd?

The next results date for Ashish Polyplast Ltd is 12 August 2026.

The next results date for Ashish Polyplast Ltd is scheduled for 12 August 2026.

Are Ashish Polyplast Ltd latest results good or bad?

The latest results for Ashish Polyplast Ltd are largely negative, showing a net loss of ₹0.34 crores in Q4 FY26 despite revenue growth. The significant drop in operating margin and return on equity raises concerns about the company's profitability and operational challenges.

The latest results for Ashish Polyplast Ltd present a mixed picture, but overall, they lean towards the negative side. In Q4 FY26, the company reported a net loss of ₹0.34 crores, which is a significant decline from a profit of ₹0.15 crores in the previous quarter (Q3 FY26). This indicates that despite a year-on-year revenue growth of 10.66% and a sequential growth of 14.41%, the company struggled to translate this top-line growth into profitability.<BR><BR>The operating margin also saw a concerning drop from 5.37% in Q3 FY26 to just 2.72% in Q4 FY26, highlighting increasing cost pressures or pricing challenges. Furthermore, the company's return on equity (ROE) has fallen to a mere 1.00%, significantly below the historical average, raising serious concerns about its ability to generate shareholder value.<BR><BR>Additionally, the company experienced a sharp negative swing in other income, which turned to -₹0.41 crores in Q4, further exacerbating the losses. The overall financial performance suggests that Ashish Polyplast is facing significant operational challenges, and the lack of institutional interest in its stock reflects broader investor concerns about its sustainability and growth prospects.<BR><BR>In summary, while there are some positive aspects like revenue growth, the underlying profitability issues and operational challenges indicate that the latest results are not favorable for Ashish Polyplast Ltd.

How has been the historical performance of Ashish Polyplast?

Ashish Polyplast has shown stable net sales and operating income over the past three years, but profitability metrics, including profit before tax and earnings per share, have declined in the most recent year. Total assets and liabilities decreased slightly, while book value per share increased, indicating a positive trend in shareholder equity.

Answer:<BR>The historical performance of Ashish Polyplast shows a mixed trend over the years, with fluctuations in key financial metrics.<BR><BR>Breakdown:<BR>Ashish Polyplast's net sales have shown slight variations, with figures of 16.01 Cr in Mar'25, 15.94 Cr in Mar'24, and 16.03 Cr in Mar'23, indicating a relatively stable revenue stream over the last three years. However, the total operating income has also remained consistent, reflecting similar values. The raw material cost increased to 13.80 Cr in Mar'25 from 12.96 Cr in Mar'24, while total expenditure slightly rose to 15.39 Cr in Mar'25. Operating profit, excluding other income, was 0.62 Cr in Mar'25, showing a marginal increase from 0.61 Cr in Mar'24. Profit before tax decreased to 0.38 Cr in Mar'25 from 0.98 Cr in Mar'24, leading to a profit after tax of 0.25 Cr in Mar'25, down from 0.84 Cr in Mar'24. The company's earnings per share (EPS) dropped significantly to 0.74 in Mar'25 from 2.47 in Mar'24. On the balance sheet, total assets were reported at 8.07 Cr in Mar'25, a slight decrease from 8.22 Cr in Mar'24, while total liabilities also decreased to 8.07 Cr in Mar'25 from 8.22 Cr in Mar'24. The book value per share adjusted increased to 19.77 in Mar'25 from 19.08 in Mar'24, indicating a positive trend in shareholder equity. Overall, while Ashish Polyplast has maintained stable sales and operating income, profitability metrics have shown a decline in the most recent year.

Is Ashish Polyplast overvalued or undervalued?

As of November 12, 2025, Ashish Polyplast is considered very expensive and overvalued, with a PE ratio of -203.85, a declining stock performance of 40.74% over the past year, and concerning financial metrics compared to its peers.

As of 12 November 2025, the valuation grade for Ashish Polyplast has moved from expensive to very expensive. The company is currently overvalued, as indicated by its PE ratio of -203.85, which is significantly higher than its peers, such as Finolex Industries with a PE of 24.16 and Time Technoplast at 24.06. Additionally, the EV to EBITDA ratio stands at 12.23, aligning with the industry trend but still reflecting a premium valuation compared to its more reasonably priced competitors.<BR><BR>The company's financial performance shows a ROCE of 4.91% and a negative ROE of -0.89%, which raises concerns about its profitability and return on equity. In contrast, peers like Supreme Industries and Astral are also classified as very expensive but maintain positive financial metrics. Recent stock performance reveals a decline of 40.74% over the past year, while the Sensex has risen by 7.36%, further supporting the conclusion that Ashish Polyplast is overvalued in the current market environment.

How has been the historical performance of Ashish Polyplast?

Ashish Polyplast's historical performance has shown mixed results, with net sales peaking at 16.24 Cr in March 2022 but declining to 15.94 Cr in March 2024, while profitability metrics like operating profit and profit after tax have decreased significantly. Despite an increase in total assets from 6.69 Cr in March 2020 to 8.07 Cr in March 2025, the company faces challenges in maintaining profitability.

Answer:<BR>The historical performance of Ashish Polyplast shows a mixed trend in its financial metrics over the years.<BR><BR>Breakdown:<BR>Ashish Polyplast's net sales have shown slight fluctuations, with a peak of 16.24 Cr in March 2022, followed by a decline to 15.94 Cr in March 2024 and a marginal increase to 16.01 Cr in March 2025. Total operating income has mirrored this trend, remaining relatively stable around the 16 Cr mark. The raw material costs increased from 10.45 Cr in March 2020 to 13.80 Cr in March 2025, impacting the overall expenditure, which has also risen from 12.27 Cr in March 2020 to 15.39 Cr in March 2025. Operating profit (PBDIT) has fluctuated, reaching 0.75 Cr in March 2025, down from 1.37 Cr in March 2024. Profit before tax saw a decrease to 0.38 Cr in March 2025 from 0.98 Cr in March 2024, while profit after tax also declined to 0.25 Cr in March 2025 from 0.84 Cr in March 2024. The company's total assets increased from 6.69 Cr in March 2020 to 8.07 Cr in March 2025, while total liabilities peaked at 8.22 Cr in March 2024 before slightly decreasing to 8.07 Cr in March 2025. The cash flow from operating activities was positive at 1.00 Cr in March 2024, but the financing activities showed a negative cash flow of -1.00 Cr in the same period. Overall, the company's financial performance reflects challenges in profitability despite growth in total assets.

Who are the top shareholders of the Ashish Polyplast?

The top shareholder of Ashish Polyplast is Ashish Dahyabhai Panchal, holding 54.73% of the shares, with no pledged promoter holdings. The highest public shareholder is Sangeetha S at 3.3%, while individual investors collectively own 32.5%.

The top shareholders of Ashish Polyplast are primarily the promoters, with Ashish Dahyabhai Panchal holding the largest share at 54.73%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) involved. The highest public shareholder is Sangeetha S, who holds 3.3% of the shares. Additionally, individual investors collectively hold 32.5% of the company.

What is the technical trend for Ashish Polyplast?

As of June 6, 2025, Ashish Polyplast's trend has shifted to bearish with moderate strength, driven by bearish daily moving averages and Bollinger Bands, despite mixed signals from the MACD and KST.

As of 6 June 2025, the technical trend for Ashish Polyplast has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the daily moving averages which are bearish, and both the weekly and monthly Bollinger Bands also indicating a bearish trend. The MACD shows a mildly bullish signal on the weekly but is mildly bearish on the monthly, suggesting mixed signals in the short term. The KST is mildly bullish weekly but bears a mildly bearish outlook monthly. Overall, the bearish sentiment is reinforced by the recent price action, with the stock down 6.52% over the past week compared to a positive return in the Sensex.

Has Ashish Polyplast declared dividend?

Yes, Ashish Polyplast Ltd has declared a 1% dividend, amounting to ₹0.20 per share, but the dividend yield is 0%. Despite the dividend, total returns have primarily come from price appreciation, with significant gains over longer periods.

Ashish Polyplast Ltd has declared a 1% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 1%<BR>- Amount per share: 0.2000<BR>- Ex-date: 29 Aug 13<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>Over the 6-month period, the price return was -33.71%, with a dividend return of 0%, resulting in a total return of -33.71%.<BR><BR>In the 1-year period, the price return was 1.84%, with a dividend return of 0%, leading to a total return of 1.84%.<BR><BR>For the 2-year period, the price return was 102.09%, with a dividend return of 0%, culminating in a total return of 102.09%.<BR><BR>During the 3-year period, the price return was 25.65%, with a dividend return of 0%, which resulted in a total return of 25.65%.<BR><BR>In the 4-year period, the price return was 223.85%, with a dividend return of 0%, yielding a total return of 223.85%.<BR><BR>Over the 5-year period, the price return was 957.38%, with a dividend return of 0%, producing a total return of 957.38%.<BR><BR>Overall, while Ashish Polyplast Ltd has declared a dividend, the dividend yield remains at 0%, indicating that the dividend has not contributed to returns in recent periods. The total returns over various periods show significant price appreciation, particularly over longer time frames.