National Plastic

Why is National Plastic Technologies Ltd falling/rising?

As of 11-Jul, National Plastic Technologies Ltd's stock price has risen by 3.62% today, reversing a three-day decline. However, it has underperformed over the past month and year-to-date, with reduced investor participation and disappointing financial results impacting its longer-term outlook.

As of 11-Jul, National Plastic Technologies Ltd's stock price is rising, having increased by 7.45 points, or 3.62%. This upward movement follows a trend reversal after three consecutive days of decline. The stock reached an intraday high of Rs 215.65, reflecting a gain of 4.66% during the trading session.<BR><BR>Despite this positive movement today, the stock has shown mixed performance over different periods. In the last week, it has outperformed the Sensex, gaining 0.71% compared to the index's decline of 0.25%. However, over the past month, while the stock has risen by 5.35%, it has underperformed the Sensex, which increased by 4.85%. Year-to-date, the stock is down 23.75%, significantly underperforming the Sensex's decline of 8.98%.<BR><BR>The stock's current price is also trading below its moving averages across various time frames, indicating a bearish trend in the longer term. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 28.52% against the five-day average, suggesting reduced interest among investors.<BR><BR>On a positive note, the company demonstrates high management efficiency with a return on capital employed (ROCE) of 15.37% and healthy long-term growth, as net sales have grown at an annual rate of 30.63%. However, the stock's performance has been hindered by flat results in recent quarters, including a significant drop in profit after tax and operating profit margins.<BR><BR>In summary, while the stock is experiencing a rise today, it faces challenges from its recent performance trends, reduced investor participation, and disappointing financial results in the near term.

Which are the latest news on National Plastic?

How big is National Plastic?

As of 10th June, National Plastic Technologies Ltd has a market capitalization of 120.00 Cr, with Net Sales of 341.20 Cr and a Net Profit of 9.18 Cr reported in the latest four quarters.

As of 10th June, National Plastic Technologies Ltd has a market capitalization of 120.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, National Plastic reported Net Sales of 341.20 Cr and a Net Profit of 9.18 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 51.38 Cr and Total Assets valued at 165.91 Cr.

Who are in the management team of National Plastic?

The management team of National Plastic includes Sudershan Parakh (Executive Director), Ajit Kumar Chordia and Sudhir K Patel (Independent Non-Executive Directors), Manju Parakh (Non-Executive Director), and Arihant Parakh (Managing Director).

The management team of National Plastic includes the following individuals:<BR><BR>1. **Sudershan Parakh** - Executive Director<BR>2. **Ajit Kumar Chordia** - Independent Non-Executive Director<BR>3. **Sudhir K Patel** - Independent Non-Executive Director<BR>4. **Manju Parakh** - Non-Executive Director<BR>5. **Arihant Parakh** - Managing Director<BR><BR>If you have any more questions about the company or its operations, feel free to ask!

Who are the peers of the National Plastic?

National Plastic's peers include Hind.Adhesive, Captain Pipes, Caprihans India, Texmo Pipes, Bright Brothers, Rungta Irrigatn., G M Polyplast, Vigor Plast, and Jyoti Global, with varying management risks and growth rates. Rungta Irrigatn. leads in 1-year returns at -19.32%, while National Plastic's return is -20.54%.

Peers: The peers of National Plastic are Hind.Adhesive, Captain Pipes, Caprihans India, Texmo Pipes, Bright Brothers, Rungta Irrigatn., G M Polyplast, Vigor Plast, and Jyoti Global.<BR><BR>Quality Snapshot: Excellent management risk is observed at Vigor Plast and G M Polyplast, while Good management risk is found at National Plastic, Jyoti Global, and the rest. Average management risk is present at Hind.Adhesive and Captain Pipes, while Below Average management risk is noted at Caprihans India, Texmo Pipes, Bright Brothers, and Rungta Irrigatn. Growth is Excellent at Rungta Irrigatn., Good at Bright Brothers and Vigor Plast, while National Plastic and Jyoti Global show Good growth, and the rest have Below Average or Below Average growth. Capital Structure is Excellent at G M Polyplast, Good at Texmo Pipes and Vigor Plast, while National Plastic has Below Average capital structure, and the rest show Below Average or Good ratings.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Rungta Irrigatn. at -19.32%, while Captain Pipes has the lowest at -36.14%. National Plastic's 1-year return of -20.54% is better than Captain Pipes but worse than Rungta Irrigatn. Additionally, several peers, including Captain Pipes, Caprihans India, Texmo Pipes, Bright Brothers, and G M Polyplast, have negative six-month returns.

What does National Plastic do?

National Plastic Technologies Ltd specializes in industrial plastic products and operates as a micro-cap company. As of March 2026, it reported net sales of 90 Cr and a net profit of 1 Cr, with a market cap of INR 120 Cr.

Overview: <BR>National Plastic Technologies Ltd operates in the plastic products industry, specifically focusing on industrial applications, and is categorized as a micro-cap company.<BR><BR>History: <BR>The company was incorporated in 1989 as Hi-Tech Plastics Pvt Ltd, transitioned to a public limited company in December 1994, and underwent name changes to Arham Plastics Limited in January 1995, and finally to National Plastic Technologies Limited on March 18, 2008. The latest quarterly results reported net sales and profit for March 2026.<BR><BR>Financial Snapshot: <BR>- Net Sales: 90 Cr (Quarterly Results - Mar 2026) <BR>- Net Profit: 1 Cr (Quarterly Results - Mar 2026) <BR>- Market Cap: INR 120 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>- P/E: 13.00 <BR>- Industry P/E: 36 <BR>- Dividend Yield: 0.76% <BR>- Debt-Equity: 1.03 <BR>- Return on Equity: 16.88% <BR>- Price to Book: 2.16 <BR><BR>Contact Details: <BR>Address: Thiru Complex IInd Floor, 69 (Old 44) Pantheon Rd Egmore Chennai Tamil Nadu : 600008 <BR>Tel: 91-44-43404340/28553456 <BR>Email: contact@nationalgroup.in <BR>Website: http://www.nationalgroup.in

Should I buy, sell or hold National Plastic Technologies Ltd?

Are National Plastic Technologies Ltd latest results good or bad?

National Plastic Technologies Ltd reported a 17.68% year-on-year revenue growth in Q4 FY26, reaching ₹89.59 crores, indicating strong sales. However, net profit fell 30.05% year-on-year and 46.01% from the previous quarter, alongside declining operating margins and a high tax rate, suggesting significant operational challenges.

The latest results for National Plastic Technologies Ltd present a mixed picture. On one hand, the company achieved a significant milestone with a 17.68% year-on-year growth in revenue for Q4 FY26, reaching ₹89.59 crores. This indicates strong sales momentum and suggests that the company is expanding its market presence.<BR><BR>However, the profitability metrics raise concerns. The net profit for the quarter fell sharply to ₹1.49 crores, marking a decline of 30.05% year-on-year and a staggering 46.01% drop from the previous quarter. This decline in profit is particularly troubling given the revenue growth, indicating that the company is facing significant operational challenges.<BR><BR>Moreover, the operating margin has deteriorated to 6.50%, the lowest level in seven quarters, down from 8.05% a year ago. This margin compression suggests that rising costs are outpacing the company’s ability to manage expenses effectively. Additionally, an unusually high tax rate of 52.85% in the latest quarter has further impacted the bottom line.<BR><BR>In summary, while National Plastic Technologies has shown strong revenue growth, the substantial decline in profitability and margin pressures indicate that the company is currently facing significant challenges that investors should carefully consider.

When is the next results date for National Plastic Technologies Ltd?

The next results date for National Plastic Technologies Ltd is 25 May 2026.

The next results date for National Plastic Technologies Ltd is scheduled for 25 May 2026.

How has been the historical performance of National Plastic?

National Plastic has shown consistent growth in net sales and profitability, with net sales increasing from INR 77.76 crore in March 2019 to INR 310.64 crore in March 2025, and profit after tax rising from INR 1.76 crore to INR 9.03 crore during the same period. The company's total assets and liabilities have also expanded significantly, reflecting a solid growth strategy.

Answer:<BR>The historical performance of National Plastic shows a consistent growth trajectory in net sales and profitability over the years.<BR><BR>Breakdown:<BR>National Plastic's net sales have increased significantly from INR 77.76 crore in March 2019 to INR 310.64 crore in March 2025, reflecting a strong upward trend. Total operating income has followed a similar pattern, rising from INR 77.76 crore in March 2019 to INR 310.64 crore in March 2025. The raw material cost has also risen, reaching INR 231.36 crore in March 2025, which is a substantial increase from INR 57.36 crore in March 2019. Operating profit (PBDIT) has shown a positive trend, growing from INR 6.01 crore in March 2019 to INR 25.45 crore in March 2025, although the operating profit margin has slightly fluctuated, standing at 8.14% in March 2025. Profit before tax has increased from INR 1.57 crore in March 2019 to INR 12.53 crore in March 2025, while profit after tax has risen from INR 1.76 crore to INR 9.03 crore over the same period. The company's total assets have grown from INR 75.60 crore in March 2019 to INR 165.91 crore in March 2025, indicating a solid expansion in its asset base. Total liabilities have also increased, from INR 75.60 crore to INR 165.91 crore, reflecting the company's growth strategy. Cash flow from operating activities has been positive, although it has decreased from INR 26 crore in March 2023 to INR 11 crore in March 2025. Overall, National Plastic has demonstrated robust growth in sales and profitability, alongside an expanding asset base.

Is National Plastic overvalued or undervalued?

As of November 10, 2025, National Plastic is considered overvalued with a PE ratio of 16.92, a Price to Book Value of 3.08, and an EV to EBITDA of 8.48, despite being lower than some peers like Supreme Industries and Astral, while also underperforming against the Sensex with a year-to-date return of -36.54%.

As of 10 November 2025, National Plastic's valuation grade has moved from fair to expensive, indicating a shift towards overvaluation. The company is currently assessed as overvalued, with a PE ratio of 16.92, a Price to Book Value of 3.08, and an EV to EBITDA of 8.48. These ratios suggest that the stock is trading at a premium compared to its earnings and book value.<BR><BR>In comparison to its peers, National Plastic's PE ratio is significantly lower than that of Supreme Industries, which stands at 57.96, and Astral, which has a PE of 82.76, both categorized as very expensive. However, it is also worth noting that Finolex Industries, classified as fair, has a PE ratio of 24.4, indicating that National Plastic's valuation is not entirely out of line with some competitors, yet still reflects an expensive position in the market. Additionally, the stock has underperformed against the Sensex year-to-date, with a return of -36.54% compared to the Sensex's 6.91%, reinforcing the notion of overvaluation.

Who are the top shareholders of the National Plastic?

The top shareholder of National Plastic is Sudershan Parakh, holding 24.98% of the shares. Other notable shareholders include Deepinder Singh Poonian at 3.27% and individual investors collectively owning 27.44%.

The top shareholders of National Plastic include the promoters, with Sudershan Parakh holding the largest share at 24.98%. There are no pledged promoter holdings, and mutual funds and foreign institutional investors do not hold any shares in the company. The highest public shareholder is Deepinder Singh Poonian, who owns 3.27%. Additionally, individual investors collectively hold 27.44% of the shares.

What is the technical trend for National Plastic?

As of May 5, 2025, National Plastic's trend is mildly bearish, with mixed signals from moving averages, MACD, and RSI, suggesting a cautious approach.

As of 5 May 2025, the technical trend for National Plastic has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating a bearish trend and the weekly Dow Theory also showing a mildly bearish outlook. The MACD on a weekly basis is mildly bullish, but the monthly MACD remains mildly bearish, creating a mixed signal. The RSI on a monthly basis is bullish, but the weekly RSI shows no signal, adding to the uncertainty. Overall, the indicators suggest a cautious approach given the prevailing mildly bearish sentiment.

Has National Plastic declared dividend?

Yes, National Plastic Technologies Ltd has declared a 10% dividend, amounting to 1 per share, with an ex-date of September 10, 2024. Recent total returns show volatility, with negative returns over the last 6 months and 1 year, but strong performance over longer periods.

National Plastic Technologies Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1 per share<BR>- Ex-date: 10 Sep 24<BR><BR>Dividend Yield: 0.41%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -34.54%, the dividend return was 0%, resulting in a total return of -34.54%.<BR><BR>Over the past year, the price return was -36.16%, with a dividend return of 0.24%, leading to a total return of -35.92%.<BR><BR>In the 2-year period, the price return was 99.42%, the dividend return was 1.49%, culminating in a total return of 100.91%.<BR><BR>For the 3-year period, the price return was 237.75%, the dividend return was 2.64%, resulting in a total return of 240.39%.<BR><BR>In the last 4 years, the price return was 490.3%, with a dividend return of 3.77%, leading to a total return of 494.07%.<BR><BR>Over the past 5 years, the price return was 769.08%, the dividend return was 5.21%, resulting in a total return of 774.29%.<BR><BR>Overall, National Plastic has declared a dividend, but the recent total returns show significant volatility, particularly in the short term, with negative returns over the last 6 months and 1 year, contrasting with strong performance over longer periods.