Jolly Plastic

Has Jolly Plastic declared dividend?

No Dividend History Available

When is the next results date for Jolly Plastic?

No Upcoming Board Meetings

What does Jolly Plastic do?

Jolly Plastic Industries Ltd is a micro-cap company that trades in plastic and PVC materials, incorporated in 1981. As of March 2021, it reported net sales of 31 Cr and no net profit.

Overview:<BR>Jolly Plastic Industries Ltd is a micro-cap company operating in the trading industry, specializing in the trading of plastic and PVC-related materials.<BR><BR>History:<BR>The company was incorporated as "Jolly Plastic Industries Private Limited" in 1981 and later changed its name to Jolly Plastic Industries Limited on October 3, 1985. The most recent quarterly results reported net sales and net profit for the period ending March 2021.<BR><BR>Financial Snapshot:<BR>- Net Sales: 31 Cr (Quarterly Results - Mar 2021)<BR>- Net Profit: 0 Cr (Quarterly Results - Mar 2021)<BR>- Market Cap: Micro Cap<BR><BR>Key Metrics:<BR>- Industry P/E: N/A<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.00<BR>- Return on Equity: 0.00%<BR>- Price to Book: 0.00<BR><BR>Contact Details:<BR>Address: 311 Third Floor Pooja Complex, Harihar Chowk Sadar Bazaar Rajkot Gujarat : 360001<BR>Email: jollyplasindltd@gmail.com<BR>Website: http://www.jollyplasticindustriesltd.in

how big is Company (SID: 223535)?

No Data Available for the Stock

Who are the peers of the Jolly Plastic?

No Peers Information Available

How has been the historical performance of Jolly Plastic?

Jolly Plastic's historical performance has shown significant declines in net sales and operating income from 2014 to 2016, with net sales dropping from 5.74 Cr to 0.15 Cr. Despite these challenges, profit after tax remained stable, and cash and cash equivalents increased, indicating some liquidity improvement.

Answer:<BR>The historical performance of Jolly Plastic shows significant fluctuations in financial metrics over the years.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2014, Jolly Plastic reported net sales of 5.74 Cr, which drastically decreased to 0.61 Cr in March 2015 and further declined to 0.15 Cr in March 2016. The total operating income mirrored this trend, falling from 5.74 Cr in March 2014 to 0.61 Cr in March 2015 and then to 0.15 Cr in March 2016. The total expenditure also decreased from 5.75 Cr in March 2014 to 0.63 Cr in March 2015 and 0.27 Cr in March 2016. Operating profit before depreciation and interest (PBDIT) was slightly positive at 0.01 Cr in March 2014 but turned negative in the following years, reaching -0.12 Cr in March 2016. Despite these challenges, the profit after tax remained stable at 0.07 Cr in both March 2015 and March 2016, with a notable increase from 0.01 Cr in March 2014. The earnings per share (EPS) also showed improvement, rising from 0.02 in March 2014 to 0.11 in both March 2015 and March 2016. Cash flow from operating activities turned negative in March 2016 at -0.33 Cr, contrasting with positive cash flows in the previous two years. The closing cash and cash equivalents increased to 0.75 Cr in March 2016 from 0.48 Cr in March 2015, indicating some liquidity improvement despite the overall decline in sales and operating performance.

Why is Jolly Plastic Industries Ltd falling/rising?

As of 11-Feb, Jolly Plastic Industries Ltd's stock price is Rs. 20.20, down 3.35% and at a new 52-week low after a 10-day decline of 33.2%. The stock has significantly underperformed against the Sensex, with a year-to-date drop of 56.18%.

As of 11-Feb, Jolly Plastic Industries Ltd is experiencing a decline in its stock price, currently at Rs. 20.20, which represents a decrease of Rs. 0.7 or 3.35%. The stock has been on a downward trend, having fallen consecutively for the last 10 days, resulting in a total decline of 33.2% during this period. Additionally, the stock has reached a new 52-week low today, indicating significant weakness in its performance.<BR><BR>In terms of broader performance, Jolly Plastic Industries has underperformed compared to the benchmark Sensex, with a 1-week decline of 15.90% against a slight increase of 0.50% for the Sensex. Over the past month, the stock has dropped 37.33%, while the Sensex has gained 0.79%. Year-to-date, the stock is down 56.18%, contrasting with a minor decline of 1.16% in the Sensex.<BR><BR>The stock is also trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, further indicating a bearish trend. Despite a rise in investor participation, with delivery volume increasing by 66.67% on February 10, the overall sentiment remains negative, contributing to the stock's decline.

Which are the latest news on Jolly Plastic?