MPL Plastics

Why is MPL Plastics Ltd falling/rising?

As of 10-Jun, MPL Plastics Ltd's stock price is at 6.77, down 0.44% and reflecting a negative trend with a total decline of 1.74% over the last two days. The stock has underperformed year-to-date and over the past year compared to the benchmark Sensex, amid decreased investor participation.

As of 10-Jun, MPL Plastics Ltd's stock price is currently at 6.77, reflecting a decrease of 0.03 or 0.44%. The stock has been experiencing a downward trend, having fallen for the last two consecutive days, resulting in a total decline of 1.74% during this period. Despite a recent performance where the stock outperformed its sector by 0.89%, the overall sentiment appears negative due to a significant drop in investor participation, with delivery volume on 09 Jun decreasing by 58.68% compared to the 5-day average.<BR><BR>In terms of moving averages, the stock is currently higher than its 5-day, 20-day, and 50-day moving averages, but lower than its 100-day and 200-day moving averages, indicating a mixed performance in the short to medium term. Year-to-date, the stock has declined by 16.11%, which is worse than the benchmark Sensex's decline of 13.19%. Over the past year, the stock has fallen by 34.27%, significantly underperforming the Sensex, which has only dropped by 10.21%. <BR><BR>These factors collectively contribute to the current decline in MPL Plastics Ltd's stock price.

Which are the latest news on MPL Plastics?

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.

How big is MPL Plastics?

As of 24th July, MPL Plastics Ltd has a market capitalization of 12.00 Cr, with reported Net Sales of 0.00 Cr and a Net Profit loss of 0.48 Cr in the latest four quarters. The balance sheet for March 2024 shows Shareholder's Funds at a loss of 3.05 Cr and Total Assets valued at 2.50 Cr.

As of 24th July, MPL Plastics Ltd has a market capitalization of 12.00 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 0.48 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds at a loss of 3.05 Cr and Total Assets valued at 2.50 Cr.

What does MPL Plastics do?

MPL Plastics Ltd is a micro-cap company specializing in the jobwork and processing of plastic and thermoware products within the packaging industry. It was incorporated in 1972 and reported a net profit of -1 Cr for the quarter ending March 2025, with a market cap of INR 12 Cr.

Overview: <BR>MPL Plastics Ltd is a company engaged in the jobwork and processing of plastic and thermoware products, operating within the packaging industry and classified as a micro-cap.<BR><BR>History: <BR>Incorporated in 1972 as a partnership firm, MPL Plastics Ltd was converted into a Public Limited Company on May 1st, 1992. The latest reported financial results are for the quarter ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: -1 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 12 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 1.00 <BR>Industry P/E: 40 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.91 <BR>Return on Equity: -326.91% <BR>Price to Book: -3.45 <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

Who are in the management team of MPL Plastics?

As of March 2023, 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. Each member contributes to the company's governance and oversight.

As of March 2023, the management team of MPL Plastics includes the following individuals:<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>Each member plays a crucial role in the governance and oversight of the company.

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

Who are the peers of the MPL Plastics?

MPL Plastics' peers include AGI Greenpac, Polyplex Corpn, BKM Industries, and Quantum Digital. Polyplex Corpn shows the best management and capital structure ratings, while MPL Plastics has the lowest 1-year return at -36.24%.

Peers: The peers of MPL Plastics are AGI Greenpac, Polyplex Corpn, BKM Industries, and Quantum Digital.<BR><BR>Quality Snapshot: Excellent management risk is observed at Polyplex Corpn, while Average management risk is found at AGI Greenpac and the rest. Below Average management risk is noted for BKM Industries. Growth is Average at AGI Greenpac, while Polyplex Corpn has Below Average growth, and BKM Industries also shows Below Average growth. MPL Plastics, Quantum Digital, and BKM Industries do not qualify for growth ratings. In terms of Capital Structure, Polyplex Corpn is rated Excellent, AGI Greenpac has an Average rating, and BKM Industries is rated Below Average, while MPL Plastics and Quantum Digital do not qualify.<BR><BR>Return Snapshot: Polyplex Corpn has the highest 1-year return at 66.57%, while MPL Plastics has the lowest at -36.24%, indicating a significant negative performance compared to its peers. Additionally, AGI Greenpac and BKM Industries have negative six-month returns.