MPL Plastics

Why is MPL Plastics Ltd falling/rising?

As of 04-Aug, MPL Plastics Ltd's stock price is declining at 6.20, down 1.27%, and has significantly underperformed the Sensex over various timeframes, including a year-to-date drop of 23.17% compared to the Sensex's 7.97%. The stock shows a consistent downward trend, with a 30.88% decline over the past year and a 58.75% drop over three years, alongside decreasing investor participation.

As of 04-Aug, MPL Plastics Ltd's stock price is falling, currently at 6.20, which reflects a change of -0.08 or -1.27%. The stock has underperformed compared to the benchmark Sensex, which has increased by 2.17% over the past week, while MPL Plastics Ltd has decreased by 0.80%. Over the past month, the stock has declined by 4.62%, contrasting with the Sensex's modest gain of 0.86%. Year-to-date, the stock has dropped significantly by 23.17%, while the Sensex has only fallen by 7.97%. <BR><BR>The stock's performance over longer periods also shows a downward trend, with a 30.88% decline over the past year and a staggering 58.75% drop over the last three years, while the Sensex has gained 19.34% in the same timeframe. Additionally, today's trading activity indicates a falling investor participation, with a delivery volume of 756 on 03 Aug, which is down by 56.52% compared to the 5-day average. This lack of interest is further reflected in the stock's liquidity, which, while sufficient for trading, suggests a lack of robust demand. Overall, these factors contribute to the ongoing decline in MPL Plastics Ltd's stock price.

Which are the latest news on MPL Plastics?

How big is MPL Plastics?

As of 10th June, MPL Plastics Ltd has a market capitalization of 9.00 Cr, with net sales of 0.00 Cr and a net profit loss of 0.17 Cr in the latest four quarters. The balance sheet for March 2025 shows shareholder's funds at a loss of 3.53 Cr and total assets valued at 2.33 Cr.

As of 10th June, MPL Plastics Ltd has a market capitalization of 9.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, MPL Plastics reported net sales of 0.00 Cr and a net profit loss of 0.17 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing shareholder's funds at a loss of 3.53 Cr and total assets valued at 2.33 Cr.

Who are in the management team of MPL Plastics?

The management team of MPL Plastics includes Madhup B Vaghani (Chairman & Wholetime Director), Vishakha Jain (Company Secretary & Compliance Officer), Radhika S Rane (Non-Executive Director), and independent directors Devendra Negi and Gopal Ajay Malpani.

The management team of MPL Plastics includes the following members:<BR><BR>1. Madhup B Vaghani - Chairman & Wholetime Director<BR>2. Vishakha Jain - Company Secretary & Compliance Officer<BR>3. Radhika S Rane - Non-Executive Director<BR>4. Devendra Negi - Independent Director<BR>5. Gopal Ajay Malpani - Independent Director<BR><BR>If you need more information about their roles or the company, feel free to ask!

Who are the peers of the MPL Plastics?

MPL Plastics' peers include BKM Industries, Kahan Packaging, Jauss Polymers, and others. In terms of management risk, BKM Industries and Vinayak Polycon are rated Below Average, while Jauss Polymers has the highest 1-year return at 260.96%, and MPL Plastics' return is -33.63%.

Peers: The peers of MPL Plastics are BKM Industries, Kahan Packaging, Jauss Polymers, Polycon Intl., Yashraj Contain., Quantum Digital, Deccan Polypacks, Vinayak Polycon, Stanpacks(India), and Sabar Flex India.<BR><BR>Quality Snapshot: Below Average management risk is observed at BKM Industries, Vinayak Polycon, Stanpacks(India), and Sabar Flex India, while Average management risk is found at Kahan Packaging. Jauss Polymers, Polycon Intl., Yashraj Contain., MPL Plastics, Quantum Digital, and Deccan Polypacks do not qualify in terms of management risk. For Growth, BKM Industries and Vinayak Polycon are rated Below Average, while Kahan Packaging is rated Average; Jauss Polymers, Polycon Intl., Yashraj Contain., MPL Plastics, Quantum Digital, Deccan Polypacks, and the rest do not qualify. In terms of Capital Structure, BKM Industries and Vinayak Polycon are rated Below Average, Kahan Packaging is rated Average, and Jauss Polymers, Polycon Intl., Yashraj Contain., MPL Plastics, Quantum Digital, Deccan Polypacks, and the rest do not qualify.<BR><BR>Return Snapshot: Jauss Polymers has the highest 1-year return at 260.96%, while Kahan Packaging has the lowest at -42.86%. MPL Plastics' 1-year return is -33.63%, which is higher than Kahan Packaging's but lower than Jauss Polymers'. Additionally, peers such as Kahan Packaging, Polycon Intl., Yashraj Contain., Vinayak Polycon, and Stanpacks(India) have negative six-month returns.

What does MPL Plastics do?

MPL Plastics Ltd specializes in the jobwork and processing of plastic and thermoware products in the packaging industry. Established in 1972 and publicly listed since 1992, it currently has a market cap of INR 9 Cr and reported a net profit of 0 Cr as of March 2026.

Overview: <BR>MPL Plastics Ltd is engaged in the jobwork and processing of plastic and thermoware products within the packaging industry and operates in the micro-cap market segment.<BR><BR>History: <BR>MPL Plastics Ltd was incorporated in 1972 as a partnership firm and was converted into a Public Limited Company on May 1st, 1992. The company changed its name from Milton Plastics Limited to MPL Plastics Limited on December 12, 2014. The most recent quarterly results reported net profit as of March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 9 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 36 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -1.00 <BR>Return on Equity: 4.07% <BR>Price-to-Book: -2.30<BR><BR>Contact Details: <BR>Address: 2 Ashish Warehouse Corporation, Kashimira Mira Road (East) Thane Maharashtra : 401104 <BR>Tel: 91-022-28455450 <BR>Email: mplho@mplindia.in <BR>Website: http://www.mplindia.in

Should I buy, sell or hold MPL Plastics Ltd?

Are MPL Plastics Ltd latest results good or bad?

MPL Plastics Ltd's latest results are concerning, showing a net profit of ₹0.16 crores mainly from other income, while the company has generated zero sales for seven consecutive quarters and has a negative book value of ₹-2.83 per share, indicating significant financial distress and operational shutdown. Investors should be cautious due to the high risk of further deterioration.

MPL Plastics Ltd's latest results present a mixed picture, but overall, they lean towards the negative side. In Q4 FY26, the company reported a net profit of ₹0.16 crores, a significant improvement from a loss of ₹0.06 crores in the previous quarter. However, this profit was primarily driven by other income of ₹0.32 crores, as the company generated zero sales for the seventh consecutive quarter, indicating a complete operational shutdown.<BR><BR>The financial health of MPL Plastics is concerning, with a negative book value of ₹-2.83 per share and total liabilities exceeding current assets. The company has not produced any meaningful revenue since FY23, and its accumulated losses have eroded its equity capital. This situation raises significant red flags about the company's viability and future prospects.<BR><BR>While the reported profit may seem like a positive development, it does not reflect a sustainable business model, given the lack of operational activity and ongoing financial distress. Investors should approach this situation with caution, as the company's fundamentals suggest a high risk of further deterioration.

When is the next results date for MPL Plastics Ltd?

The next results date for MPL Plastics Ltd is 28 May 2026.

The next results date for MPL Plastics Ltd is scheduled for 28 May 2026.

How has been the historical performance of MPL Plastics?

MPL Plastics has experienced a significant decline in financial performance from March 2020 to March 2025, with net sales and total operating income dropping to zero, and negative profits and reserves worsening. Total assets decreased from 7.37 crore to 2.33 crore, while total liabilities also reduced, indicating ongoing financial distress.

Answer:<BR>The historical performance of MPL Plastics shows a significant decline in financial metrics over the years, particularly from March 2020 to March 2025.<BR><BR>Breakdown:<BR>MPL Plastics experienced a drastic reduction in net sales, dropping from 4.05 crore in March 2020 to 0.00 crore by March 2025. The total operating income followed a similar trend, decreasing from 4.05 crore in March 2020 to 0.00 crore in March 2025. Operating profit (PBDIT) also saw a decline, moving from -2.11 crore in March 2020 to -0.48 crore in March 2025. The profit before tax reflected this downward trajectory, with a notable drop from -2.32 crore in March 2020 to -0.48 crore in March 2025. Consequently, the profit after tax mirrored this decline, falling from -2.32 crore in March 2020 to -0.48 crore in March 2025. The company's reserves turned negative, reaching -16.03 crore in March 2025 from -191.54 crore in March 2020. Additionally, the total assets decreased from 7.37 crore in March 2020 to 2.33 crore in March 2025, while total liabilities also reduced from 6.83 crore in March 2020 to 2.33 crore in March 2025. The cash flow from operating activities remained stagnant, showing no inflow or outflow from March 2020 to March 2025. Overall, MPL Plastics has faced a continuous decline in its financial performance over the years.

Is MPL Plastics overvalued or undervalued?

As of April 25, 2023, MPL Plastics is considered "risky" and overvalued due to poor financial ratios, including a PE ratio of 1.09 and a year-to-date return of -15.65%, especially when compared to more favorable peers like Supreme Industries and Finolex Industries.

As of 25 April 2023, MPL Plastics has moved from a grade of "does not qualify" to "risky." The company is currently overvalued based on its financial ratios and peer comparisons. Key ratios include a PE ratio of 1.09, a Price to Book Value of -3.55, and an EV to EBIT of -15.74, all of which indicate significant financial distress.<BR><BR>In comparison to its peers, MPL Plastics appears unfavorable. For instance, Supreme Industries has a PE ratio of 57.34, while Finolex Industries stands at 28.37, both highlighting the stark contrast in valuation. Additionally, the company's recent stock performance has been underwhelming, with a year-to-date return of -15.65% compared to a positive 5.66% return for the Sensex, further reinforcing the notion that MPL Plastics is overvalued in its current state.

What is the technical trend for MPL Plastics?

As of May 5, 2025, MPL Plastics shows a mildly bearish trend, with mixed signals from MACD and Bollinger Bands, bearish daily moving averages, and a mildly bullish weekly KST.

As of 5 May 2025, the technical trend for MPL Plastics has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The RSI shows no signal on the weekly chart but is bullish on the monthly. Bollinger Bands are mildly bearish on both weekly and monthly time frames. Daily moving averages are bearish, and the KST is mildly bullish weekly but bearish monthly. Dow Theory also reflects a mildly bearish stance on both weekly and monthly charts. Overall, the current technical stance is mildly bearish, with key indicators being the bearish moving averages and the mixed signals from MACD and Bollinger Bands.

Who are the top shareholders of the MPL Plastics?

The top shareholder of MPL Plastics is Madhup Bansilal Vaghani, holding 23.07%, followed by public shareholder Chiranjiv Ishwarlal Vaghani at 4.64%. Individual investors own 70.31% of the company, with no pledged promoter holdings or foreign institutional investors involved.

The top shareholders of MPL Plastics include Madhup Bansilal Vaghani, who holds the largest stake at 23.07%. The highest public shareholder is Chiranjiv Ishwarlal Vaghani, with a holding of 4.64%. Additionally, individual investors collectively own 70.31% of the company. There are no pledged promoter holdings, and the company is not held by any foreign institutional investors. Mutual funds have a minimal presence, with only 0.01% held by four schemes.

Has MPL Plastics declared dividend?

No Dividend History Available