MPL Plastics

  • Market Cap: Micro Cap
  • Industry: Packaging
  • ISIN: INE343A01016
  • NSEID:
  • BSEID: 526143
INR
7.97
-0.12 (-1.48%)
BSENSE

Feb 12

BSE+NSE Vol: 2.79 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

2.79 k (-73.20%) Volume

Shareholding (Dec 2025)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

24.00%

Who are the top shareholders of the MPL Plastics?

06-Jun-2025

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.

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When is the next results date for MPL Plastics?

06-Jun-2025

No Upcoming Board Meetings

Has MPL Plastics declared dividend?

06-Jun-2025

No Dividend History Available

Who are the peers of the MPL Plastics?

03-Jun-2025

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.

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Is MPL Plastics overvalued or undervalued?

09-Jun-2025

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.

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What is the technical trend for MPL Plastics?

09-Jun-2025

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.

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Who are in the management team of MPL Plastics?

16-Jul-2025

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.

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What does MPL Plastics do?

17-Jul-2025

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

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How big is MPL Plastics?

24-Jul-2025

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.

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How has been the historical performance of MPL Plastics?

12-Nov-2025

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.

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Are MPL Plastics Ltd latest results good or bad?

10-Feb-2026

MPL Plastics Ltd's latest results are concerning, showing a net loss of ₹0.06 crores with no revenue generated since June 2024, reflecting severe financial distress and a negative book value of ₹-2.83 per share. Despite a slight improvement in losses, the company's future remains uncertain due to halted operations and ongoing cash burn.

MPL Plastics Ltd's latest results indicate a troubling situation for the company. In the most recent quarter (Q3 FY26), the company reported a net loss of ₹0.06 crores, which, while showing a 50% improvement from the previous quarter's loss of ₹0.12 crores, is overshadowed by the fact that the company has generated no revenue at all since June 2024 due to a complete halt in manufacturing operations at its Silvassa facility.<BR><BR>The company's financial health is concerning, with a negative book value of ₹-2.83 per share and total shareholder funds standing at negative ₹3.53 crores. This indicates that liabilities exceed assets, reflecting a severe erosion of equity capital. The absence of any operational revenue and ongoing cash burn further complicates its financial position.<BR><BR>While there was a slight reduction in losses compared to the previous quarter, the overall outlook remains bleak. The company has not provided any clear path for operational revival or revenue generation, making its future uncertain. Given these factors, the results can be characterized as bad, highlighting significant distress and operational collapse in the company.

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Should I buy, sell or hold MPL Plastics Ltd?

12-Feb-2026

Why is MPL Plastics Ltd falling/rising?

12-Feb-2026

As of 12-Feb, MPL Plastics Ltd's stock price is at 7.97, reflecting a 1.48% decline. Despite a recent positive return over the past week, the stock has significantly underperformed over the past year and three years, indicating a weaker long-term trend.

As of 12-Feb, MPL Plastics Ltd's stock price is falling, currently at 7.97, which reflects a decrease of 0.12 or 1.48%. This decline is evident in today's performance, where the stock has underperformed its sector by 0.93%. Although the stock has shown a positive return of 4.59% over the past week, it has experienced a negative trend over longer periods, with a significant drop of 32.46% over the past year and 53.55% over the past three years. <BR><BR>Additionally, while the stock is currently trading higher than its 5-day and 20-day moving averages, it remains below the 50-day, 100-day, and 200-day moving averages, indicating a weaker long-term trend. Despite a rise in investor participation, with a delivery volume increase of 12.52% against the 5-day average, the overall performance and historical declines contribute to the current downward movement in the stock price.

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iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

Dashboard

1

With a Negative Book Value, the company has a Weak Long Term Fundamental Strength

  • Poor long term growth as Net Sales has grown by an annual rate of -100.00% and Operating profit at 0% over the last 5 years
  • High Debt Company with a Debt to Equity ratio (avg) at 0 times
2

Flat results in Dec 25

3

Risky - Negative EBITDA

4

Consistent Underperformance against the benchmark over the last 3 years

stock-summaryMojo Parameters

Mojo Parameters

Loading Valuation Snapshot...

Stock DNA

stock-summary
Industry

Packaging

stock-summary
Market cap

INR 11 Cr (Micro Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

39

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-0.92

stock-summary
Return on Equity

10.53%

stock-summary
Price to Book

-2.66

Revenue and Profits:
Net Sales:
(Quarterly Results - Dec 2025)
Net Profit:
0 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-14.02%
0%
-14.02%
6 Months
-7.11%
0%
-7.11%
1 Year
-32.46%
0%
-32.46%
2 Years
-56.11%
0%
-56.11%
3 Years
-53.55%
0%
-53.55%
4 Years
-18.34%
0%
-18.34%
5 Years
77.51%
0%
77.51%

MPL Plastics for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

News

Announcements stock-summary

Announcement under Regulation 30 (LODR)-Newspaper Publication

11-Feb-2026 | Source : BSE

Newspaper Publication of unaudited financial results for the quarter ended December 31 2025.

Financial Results For Quarter Ended December 31 2025

10-Feb-2026 | Source : BSE

Financial results for the quarter ended december 31 2025

Board Meeting Outcome for Board Meeting Outcome For Financial Results For Quarter Ended December 31 2025

10-Feb-2026 | Source : BSE

Board Meeting Outcome For Financial Results For Quarter Ended December 31 2025

Corporate Actions stock-summary

stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

No Dividend history available

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
-100.00%
EBIT Growth (5y)
12.50%
EBIT to Interest (avg)
0
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-0.92
Sales to Capital Employed (avg)
0
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.01%
ROCE (avg)
19.21%
ROE (avg)
0

Valuation key factors

Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
39
Price to Book Value
-2.62
EV to EBIT
-13.46
EV to EBITDA
-13.46
EV to Capital Employed
-13.46
EV to Sales
NA
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
Negative BV

Technicals key factors

Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bullish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 4 Schemes (0.01%)

FIIs

Held by 0 FIIs

Promoter with highest holding

Vaghani Madhup Bansilal (23.07%)

Highest Public shareholder

None

Individual Investors Holdings

70.42%

stock-summaryFinancial
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          "chgp": "50.00%",
          "chgp_class": "positive"
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          "field": "Operating Profit Margin (Excl OI)",
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    "alert": "No Nine Monthly Results declared by MPL Plastics"
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          "field": "Interest",
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Quarterly Results Snapshot (Standalone) - Dec'25 - QoQstock-summary

Dec'25
Sep'25
Change(%)
Net Sales
0.00
0.00
Operating Profit (PBDIT) excl Other Income
-0.12
-0.13
7.69%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
-0.06
-0.12
50.00%
Operating Profit Margin (Excl OI)
0.00%
0.00%
NA
Values in Rs Cr.
Net Sales

QoQ Growth in quarter ended Dec 2025 is 0.00% vs 0.00% in Sep 2025

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2025 is 50.00% vs 20.00% in Sep 2025

Annual Results Snapshot (Consolidated) - Mar'25stock-summary

Mar'25
Mar'24
Change(%)
Net Sales
0.00
0.00
Operating Profit (PBDIT) excl Other Income
-0.55
-1.24
55.65%
Interest
0.00
0.01
-100.00%
Exceptional Items
0.00
0.37
-100.00%
Consolidate Net Profit
-0.48
9.07
-105.29%
Operating Profit Margin (Excl OI)
0.00%
0.00%
NA
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2025 is 0.00% vs -100.00% in Mar 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2025 is -105.29% vs 120.15% in Mar 2024

stock-summaryCompany CV
About MPL Plastics Ltd stock-summary
stock-summary
MPL Plastics Ltd
Micro Cap
Packaging
Incorporated in 1972 as a partnership firm, MPL Plastics Ltd (formerly known as Milton Plastics Ltd) was converted into a Public Limited Company on May 1st, 1992. The Company is having manufacturing unit at Silvassa. It carries out the activity of jobwork/processing work of plastic and thermoware products. Currently, the Company has totally stopped all its operations due to various reasons, which badly affected the operations of the Company.
Company Coordinates stock-summary
Company Details
2 Ashish Warehouse Corporation, Kashimira Mira Road (East) Thane Maharashtra : 401104
stock-summary
Tel: 91-022-28455450
stock-summary
mplho@mplindia.in
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai