Natl. Plastic

What does Natl. Plastic do?

National Plastic Industries Ltd manufactures moulded furniture and operates in the Micro Cap category within the Plastic Products - Industrial industry. As of March 2025, it reported net sales of 24 Cr and a net profit of 1 Cr, with a market cap of Rs 56 Cr.

Overview: <BR>National Plastic Industries Ltd is engaged in the manufacture of moulded furniture and operates within the Micro Cap category in the Plastic Products - Industrial industry.<BR><BR>History: <BR>The company was incorporated on September 17, 1987, as a Private Limited Company and became a Public Limited Company in 1993. The latest quarterly results reported net sales and net profit for March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 24 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 1 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 56 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 15.00 <BR>Industry P/E: 41 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.54 <BR>Return on Equity: 9.54% <BR>Price to Book: 1.41 <BR><BR>Contact Details: <BR>Address: Office No 213 214 & 215 2nd Fl, Hub Town Solaris Andheri (E) Mumbai Maharashtra : 400069 <BR>Tel: 91-22-67669999 <BR>Email: info@nationalplastic.com <BR>Website: http://www.nationalplastic.com

Who are in the management team of Natl. Plastic?

As of March 2023, the management team of Natl. Plastic includes Paresh V Parekh (Managing Director), Ketan V Parekh (Joint Managing Director), Harsh Parekh (Whole-time Director), and several independent directors, totaling nine members who oversee the company's governance and operations.

As of March 2023, the management team of Natl. Plastic includes the following members:<BR><BR>1. Paresh V Parekh - Managing Director<BR>2. Ketan V Parekh - Joint Managing Director<BR>3. Harsh Parekh - Whole-time Director<BR>4. D Puranchandra Rao - Non-Executive & Independent Director<BR>5. Bimal Parekh - Non-Executive & Independent Director<BR>6. Vipul Desai - Independent Director<BR>7. Amit Jain - Company Secretary & Compliance Officer<BR>8. Ranganayaki Rangachari - Independent Director<BR>9. Mishaal K. Parekh - Executive Director<BR><BR>This team comprises a mix of executive and independent directors, contributing to the governance and management of the company.

Has Natl. Plastic declared dividend?

Yes, National Plastic Industries Ltd has declared a 10% dividend, amounting to 1 per share, with an ex-date of September 12, 2019. However, the current dividend yield is 0%, and while there has been significant price appreciation over the years, recent total returns have been negative.

National Plastic Industries Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1 per share<BR>- Ex-date: 12 Sep 19<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6 Months period, the price return was -7.93%, the dividend return was 0%, resulting in a total return of -7.93%.<BR><BR>In the 1 Year period, the price return was -7.48%, the dividend return was 0%, leading to a total return of -7.48%.<BR><BR>In the 2 Years period, the price return was 6.05%, the dividend return was 0%, resulting in a total return of 6.05%.<BR><BR>In the 3 Years period, the price return was 32.56%, the dividend return was 0%, leading to a total return of 32.56%.<BR><BR>In the 4 Years period, the price return was 91.92%, the dividend return was 0%, resulting in a total return of 91.92%.<BR><BR>In the 5 Years period, the price return was 184.77%, the dividend return was 0%, leading to a total return of 184.77%.<BR><BR>Overall, while National Plastic Industries Ltd declared a dividend in the past, the current dividend yield is 0%. The total returns over various periods show significant price appreciation, particularly over the longer term, despite the absence of recent dividends.

Who are the peers of the Natl. Plastic?

Peers of Natl. Plastic include Supreme Inds., Astral, Finolex Inds., Garware Hi Tech, Shaily Engineer., Sri KPR Inds., Aik Pipes & Poly, Duropack, and Alfa Ica (I). Natl. Plastic has a Below Average growth rating and a 1-year return of -2.16%, better than Aik Pipes & Poly but worse than Garware Hi Tech, which has the highest return at 156.95%.

Peers: The peers of Natl. Plastic are Supreme Inds., Astral, Finolex Inds., Garware Hi Tech, Shaily Engineer., Sri KPR Inds., Aik Pipes & Poly, Duropack, and Alfa Ica (I).<BR><BR>Quality Snapshot: Excellent management risk is observed at Supreme Inds. and the rest have either Good (Astral, Finolex Inds., Shaily Engineer., Aik Pipes & Poly) or Average (Garware Hi Tech, Duropack) management risk. Growth ratings show that Shaily Engineer. and Astral have Good growth, while Supreme Inds. and Garware Hi Tech have Average growth, and Finolex Inds., Sri KPR Inds., Aik Pipes & Poly, Duropack, Alfa Ica (I), and Natl. Plastic have Below Average growth. In terms of Capital Structure, Excellent ratings are given to Supreme Inds., Astral, Finolex Inds., Garware Hi Tech, and Duropack, while Good is seen at Sri KPR Inds., and the rest including Natl. Plastic, Shaily Engineer., Aik Pipes & Poly, Alfa Ica (I), and Axel Polymers have Below Average or Average ratings.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Garware Hi Tech at 156.95%, while the lowest is Aik Pipes & Poly at -46.98%. Natl. Plastic's 1-year return of -2.16% is better than Aik Pipes & Poly but worse than Garware Hi Tech. Additionally, several peers including Aik Pipes & Poly, Finolex Inds., Astral, Sri KPR Inds., and Alfa Ica (I) have negative six-month returns.

What is the technical trend for Natl. Plastic?

As of May 15, 2025, the technical trend for Natl. Plastic is mildly bearish, with mixed signals from key indicators like the MACD and RSI showing both bullish and bearish tendencies across different time frames.

As of 15 May 2025, the technical trend for Natl. Plastic has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, while the monthly MACD indicates a mildly bearish stance. The RSI shows no signal on the weekly chart but is bullish on the monthly. Bollinger Bands are bullish weekly but mildly bearish monthly. Daily moving averages are mildly bearish, and the KST reflects a mildly bullish trend weekly and mildly bearish monthly. Dow Theory also indicates a mildly bullish trend weekly and mildly bearish monthly. Overall, the current technical stance is mildly bearish, with key indicators such as the daily moving averages and monthly MACD contributing to this outlook.

Who are the top shareholders of the Natl. Plastic?

The top shareholder of Natl. Plastic is Paresh Vinod Parekh, with a 10.68% stake. Individual investors hold 29.66% of shares, while the highest public shareholder is Sangeetha S at 1.36%.

The top shareholders of Natl. Plastic primarily consist of the promoters, with Paresh Vinod Parekh holding the highest stake at 10.68%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. The highest public shareholder is Sangeetha S, who owns 1.36%. Additionally, individual investors collectively hold 29.66% of the company's shares.

How big is Natl. Plastic?

As of 24th July, National Plastic Industries Ltd has a market capitalization of 61.00 Cr, with net sales of 96.95 Cr and a net profit of 3.75 Cr in the latest four quarters. The company has shareholder's funds of 41.87 Cr and total assets of 82.14 Cr for the annual period ending March 2025.

As of 24th July, National Plastic Industries Ltd has a market capitalization of 61.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, National Plastic reported Net Sales of 96.95 Cr and a Net Profit of 3.75 Cr.<BR><BR>For the latest annual period ending March 2025, the company has Shareholder's Funds amounting to 41.87 Cr and Total Assets of 82.14 Cr.

When is the next results date for Natl. Plastic?

The next results date for Natl. Plastic is 14 November 2025.

The next results date for Natl. Plastic is scheduled for 14 November 2025.

How has been the historical performance of Natl. Plastic?

Natl. Plastic has experienced fluctuating financial performance, with net sales declining from INR 112.00 Cr in Mar'23 to INR 96.95 Cr in Mar'25, alongside decreases in profits and total assets. Operating profit and profit after tax also fell during this period, indicating overall declining trends.

Answer:<BR>The historical performance of Natl. Plastic shows a fluctuating trend in its financial metrics over the years.<BR><BR>Breakdown:<BR>Natl. Plastic's net sales have seen a decline from INR 112.00 Cr in Mar'23 to INR 96.95 Cr in Mar'25, with a peak of INR 114.19 Cr in Mar'20. The total operating income followed a similar pattern, dropping from INR 112.00 Cr in Mar'23 to INR 96.95 Cr in Mar'25. The raw material costs have also decreased slightly from INR 66.58 Cr in Mar'23 to INR 60.46 Cr in Mar'25. Operating profit (PBDIT) has decreased from INR 12.00 Cr in Mar'23 to INR 9.40 Cr in Mar'25, while profit before tax has decreased from INR 6.23 Cr in Mar'23 to INR 5.07 Cr in Mar'25. Profit after tax showed a decline from INR 4.34 Cr in Mar'23 to INR 3.75 Cr in Mar'25. The total liabilities decreased from INR 99.37 Cr in Mar'24 to INR 82.14 Cr in Mar'25, while total assets also fell from INR 99.37 Cr in Mar'24 to INR 82.14 Cr in Mar'25. The cash flow from operating activities remained stable at INR 10.00 Cr in Mar'25, but net cash outflow was reported at INR -12.00 Cr in the same period. Overall, Natl. Plastic has experienced fluctuations in its financial performance, with notable declines in sales and profits in recent years.

Is Natl. Plastic overvalued or undervalued?

As of December 2, 2025, Natl. Plastic's valuation has improved to very attractive, with a PE ratio of 9.56, an EV to EBITDA ratio of 7.24, and a PEG ratio of 0.05, indicating it is undervalued compared to peers like Supreme Inds. and Astral, despite short-term underperformance against the Sensex, while showing a promising long-term growth trajectory with a 5-year return of 171.15%.

As of 2 December 2025, the valuation grade for Natl. Plastic has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently undervalued, supported by a PE ratio of 9.56, an EV to EBITDA ratio of 7.24, and a PEG ratio of 0.05, all of which suggest that the stock is trading at a discount compared to its earnings growth potential.<BR><BR>In comparison to its peers, Natl. Plastic's valuation metrics stand out. For instance, Supreme Inds. has a PE ratio of 49.93, while Astral's PE ratio is an astonishing 75.02, highlighting the relative attractiveness of Natl. Plastic's valuation. Additionally, the company's ROCE of 10.73% and ROE of 11.21% further emphasize its operational efficiency in contrast to its expensive peers. Although Natl. Plastic has underperformed the Sensex in the short term, its long-term growth trajectory remains promising, as evidenced by a 5-year return of 171.15%.

Are National Plastic Industries Ltd latest results good or bad?

National Plastic Industries Ltd's latest results show improved profitability with a significant rise in net profit, but revenue growth is modest and the stock has underperformed. Concerns about high debt and weak return ratios suggest caution for investors despite some positive trends.

The latest results for National Plastic Industries Ltd present a mixed picture. On one hand, there has been a notable improvement in profitability metrics, with net profit for the September 2025 quarter rising significantly by 88.37% quarter-on-quarter and 149.23% year-on-year, reaching ₹1.62 crores. Additionally, operating margins expanded to 12.30%, up from 9.10% in the previous quarter, reflecting better cost management.<BR><BR>However, revenue growth has been modest, with a 3.60% increase quarter-on-quarter and a 7.46% increase year-on-year, which is relatively pedestrian compared to the company's historical performance. The five-year sales compound annual growth rate (CAGR) stands at just 2.37%, indicating challenges in sustaining robust revenue growth.<BR><BR>Furthermore, the company's stock has underperformed significantly, declining 22.90% over the past year, which contrasts sharply with the Sensex's 7.07% gain. This underperformance, combined with concerns about high leverage (debt to EBITDA ratio of 4.22x) and weak return ratios (ROCE of 9.27% and ROE of 10.67%), raises questions about the company's long-term investment appeal.<BR><BR>In summary, while the recent quarterly results show some positive trends in profitability, the overall performance and outlook remain concerning due to stagnant revenue growth and high debt levels. Investors may want to approach with caution given the mixed signals from the latest results.

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

Why is National Plastic Industries Ltd falling/rising?

As of 04-Mar, the stock price of National Plastic Industries Ltd is currently at Rs 46.97, reflecting a 3.23% increase after two days of decline. However, it remains below its moving averages and close to its 52-week low, indicating potential ongoing challenges despite today's rise.

As of 04-Mar, the stock price of National Plastic Industries Ltd is rising, currently at Rs 46.97, which reflects an increase of Rs 1.47 or 3.23%. This rise comes after two consecutive days of decline, indicating a potential trend reversal. The stock has also outperformed its sector by 5.06% today, suggesting a positive performance relative to its peers.<BR><BR>Despite this upward movement, the stock is still trading lower than its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically indicates a bearish trend. Additionally, the stock is close to its 52-week low, being only 4.45% away from Rs 44.88. <BR><BR>Investor participation appears to be declining, as evidenced by a slight decrease in delivery volume compared to the 5-day average. However, the stock remains liquid enough for trading, based on its average traded value. Overall, while the stock is experiencing a rise today, the broader context suggests ongoing challenges that may affect its future performance.

Which are the latest news on Natl. Plastic?