Ashish Polyplast

Market Cap: Micro Cap
Industry: Plastic Products - Industrial
ISIN: INE831C01016
NSEID:
BSEID: 530429

INR

31.00

0.00 (0.00%)

BSENSE

Dec 05

BSE+NSE Vol: 572

{
  "main_header": {
    "sid": 751764,
    "name": "Ashish Polyplast",
    "stock_name": "Ashish Polyplast",
    "full_name": "Ashish Polyplast Ltd",
    "name_url": "stocks-analysis/ashish-polyplast",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "31.00",
    "chg": "0.00",
    "chgp": "0.00%",
    "dir": 0,
    "prev_price": "31.00",
    "mcapval": "11.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 530429,
    "symbol": "",
    "ind_name": "Plastic Products - Industrial",
    "ind_code": 40,
    "indexname": "",
    "isin": "INE831C01016",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": "572 ",
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "score": "",
    "scoreText": "",
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  "news": {
    "results": [
      {
        "title": "Why is Ashish Polyplast falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-ashish-polyplast-fallingrising-3732170",
        "imagepath": "",
        "date": "2025-11-27 00:42:17",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Short-Term Price Movement and Market Context</strong></p>\n<p>On the trading day of 26 November, Ashish Polyplast opened with a significant gap up of 7.85%, signalling early buying interest. The stock reached an intraday high of ₹33.40, mirroring this initial enthusiasm. This performance outpaced its sector by 4.41%, indicating relative strength within its industry group on that day. However, the weighted average price suggests that a larger volume of shares traded closer to the day's lower price levels, hinting at some resistance or profit-taking as the session progressed.</p>\n<p>Despite this positive price action, the stock remains below all key moving averages—5-day, 20-day, 50-day, 100-day, and 200-day—highlighting that the recent rally is occurring against a backdrop of broader technical..."
      },
      {
        "title": "Why is Ashish Polyplast falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-ashish-polyplast-fallingrising-3713140",
        "imagepath": "",
        "date": "2025-11-18 22:57:17",
        "description": "As of 18-Nov, Ashish Polyplast Ltd is experiencing a decline in its stock price, currently at Rs 34.00, reflecting a decrease of Rs 1.7 or 4.76%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 7.73% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also significantly decreased, with an 85.98% drop compared to the 5-day average, suggesting reduced investor participation. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.\n\nIn the broader market context, Ashish Polyplast's performance has been notably poor compared to the benchmark index, Sensex. Over the past week, the stock has declined by 6.72%, while the Sensex has g..."
      },
      {
        "title": "Ashish Polyplast Q2 FY26: Profit Plunge Raises Concerns Despite Stable Revenue",
        "link": "https://www.marketsmojo.com/news/result-analysis/ashish-polyplast-q2-fy26-profit-plunge-raises-concerns-despite-stable-revenue-3698413",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/AshishPolyplast_quaterlyResult_3698413.png",
        "date": "2025-11-13 09:34:51",
        "description": "Ashish Polyplast Ltd., a micro-cap manufacturer of premium braided hoses and flexible PVC pipes, reported a troubling quarter ending September 2025, with net profit plunging into negative territory at ₹-0.07 crores compared to ₹0.39 crores in the previous quarter. The dramatic swing from profit to loss, despite relatively stable revenue of ₹3.69 crores, has raised serious questions about operational efficiency and cost management at the Ahmedabad-based company."
      },
      {
        "title": "Is Ashish Polyplast overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-ashish-polyplast-overvalued-or-undervalued-3696155",
        "imagepath": "",
        "date": "2025-11-13 08:11:48",
        "description": "As of 12 November 2025, the valuation grade for Ashish Polyplast has moved from expensive to very expensive. The company is currently overvalued, as indicated by its PE ratio of -203.85, which is significantly higher than its peers, such as Finolex Industries with a PE of 24.16 and Time Technoplast at 24.06. Additionally, the EV to EBITDA ratio stands at 12.23, aligning with the industry trend but still reflecting a premium valuation compared to its more reasonably priced competitors.\n\nThe company's financial performance shows a ROCE of 4.91% and a negative ROE of -0.89%, which raises concerns about its profitability and return on equity. In contrast, peers like Supreme Industries and Astral are also classified as very expensive but maintain positive financial metrics. Recent stock performance reveals a decline of 40.74% over the past year, while the Sensex has risen by 7.36%, further supporting the conclus..."
      },
      {
        "title": "How has been the historical performance of Ashish Polyplast?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-ashish-polyplast-3695414",
        "imagepath": "",
        "date": "2025-11-13 00:23:56",
        "description": "Answer:\nThe historical performance of Ashish Polyplast shows a mixed trend over the years, with fluctuations in key financial metrics.\n\nBreakdown:\nAshish Polyplast's net sales have shown slight variations, with figures of 16.01 Cr in Mar'25, 15.94 Cr in Mar'24, and 16.03 Cr in Mar'23, indicating a relatively stable revenue stream over the last three years. However, the total operating income has also remained consistent, reflecting similar values. The raw material cost increased to 13.80 Cr in Mar'25 from 12.96 Cr in Mar'24, while total expenditure slightly rose to 15.39 Cr in Mar'25. Operating profit, excluding other income, was 0.62 Cr in Mar'25, showing a marginal increase from 0.61 Cr in Mar'24. Profit before tax decreased to 0.38 Cr in Mar'25 from 0.98 Cr in Mar'24, leading to a profit after tax of 0.25 Cr in Mar'25, down from 0.84 Cr in Mar'24. The company's earnings per share (EPS) dropped significan..."
      },
      {
        "title": "How has been the historical performance of Ashish Polyplast?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-ashish-polyplast-3694718",
        "imagepath": "",
        "date": "2025-11-12 23:52:23",
        "description": "Answer:\nThe historical performance of Ashish Polyplast shows a mixed trend in its financial metrics over the years.\n\nBreakdown:\nAshish Polyplast's net sales have shown slight fluctuations, with a peak of 16.24 Cr in March 2022, followed by a decline to 15.94 Cr in March 2024 and a marginal increase to 16.01 Cr in March 2025. Total operating income has mirrored this trend, remaining relatively stable around the 16 Cr mark. The raw material costs increased from 10.45 Cr in March 2020 to 13.80 Cr in March 2025, impacting the overall expenditure, which has also risen from 12.27 Cr in March 2020 to 15.39 Cr in March 2025. Operating profit (PBDIT) has fluctuated, reaching 0.75 Cr in March 2025, down from 1.37 Cr in March 2024. Profit before tax saw a decrease to 0.38 Cr in March 2025 from 0.98 Cr in March 2024, while profit after tax also declined to 0.25 Cr in March 2025 from 0.84 Cr in March 2024. The company's..."
      },
      {
        "title": "Is Ashish Polyplast overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-ashish-polyplast-overvalued-or-undervalued-3668732",
        "imagepath": "",
        "date": "2025-11-04 08:08:44",
        "description": "As of 3 November 2025, the valuation grade for Ashish Polyplast has moved from fair to expensive, indicating a shift in perception regarding its market value. The company is currently deemed overvalued based on its high PE ratio of 40.43, an EV to EBIT of 12.13, and a ROE of 4.47%. In comparison to its peers, Ashish Polyplast's valuation stands out; for instance, Finolex Industries has a PE ratio of 29.41 and is considered fairly valued, while Supreme Industries is classified as very expensive with a PE of 58.8.\n\nThe company's financial metrics suggest that it is trading at a premium relative to its earnings potential, especially when compared to peers in the same industry. Notably, Ashish Polyplast has underperformed against the Sensex over the past year, with a stock return of -33.78% compared to the Sensex's 5.34%. This performance, coupled with its current valuation metrics, reinforces the conclusion th..."
      },
      {
        "title": "When is the next results date for Ashish Polyplast?",
        "link": "https://www.marketsmojo.com/news/result-analysis/when-is-the-next-results-date-for-ashish-polyplast-3663014",
        "imagepath": "",
        "date": "2025-10-31 23:16:49",
        "description": "The next results date for Ashish Polyplast is scheduled for 11 November 2025...."
      },
      {
        "title": "Is Ashish Polyplast overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-ashish-polyplast-overvalued-or-undervalued-3660285",
        "imagepath": "",
        "date": "2025-10-31 08:10:15",
        "description": "As of 30 October 2025, Ashish Polyplast's valuation grade has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued, with a PE ratio of 39.86, an EV to EBIT of 11.96, and a Price to Book Value of 1.78. In comparison to its peers, Finolex Industries, which is also fairly valued, has a significantly lower PE ratio of 29.7, while Supreme Industries is categorized as very expensive with a PE ratio of 56.92.\n\nDespite the recent decline in stock price, with a year-to-date return of -34.81% compared to the Sensex's 8.02%, Ashish Polyplast's valuation metrics suggest it is positioned more attractively within its sector. The company's ROCE stands at 2.98% and ROE at 4.47%, which, while modest, reflect its operational efficiency relative to peers. Overall, Ashish Polyplast appears to be fairly valued in the current market context...."
      }
    ],
    "total": 183,
    "sid": "751764",
    "stock_news_url": "https://www.marketsmojo.com/news/ashish-polyplast-751764"
  },
  "announcements": [
    {
      "caption": "Submission Of Un-Audited Financial Results For The 2Nd Quarter And Half Year Ended 30Th September 2025",
      "datetime": "11-Nov-2025",
      "details": "Submission of Un-Audited Financial Results for the 2nd quarter and half year ended 30th September 2025",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Outcome for Submission Of Outcome Of Board Meeting To Consider Financial Result For The Quarter Ended 30Th September 2025",
      "datetime": "11-Nov-2025",
      "details": "Submission of Outcome of board meeting to consider Financial result for the quarter ended 30th September 2025",
      "source": "BSE"
    },
    {
      "caption": "Board Meeting Intimation for BOARD MEETING SCHEDULED ON TUESDAY 11/11/2025 AT 05.30 P.M. TO CONSIDER REVIEW AND TAKE ON RECORD THE UNAUDITED STAND ALONE IND AS COMPLIANT FINANCIAL RESULTS FOR THE 2ND QUARTER AND HALF YEAR ENDED 30/09/2025",
      "datetime": "30-Oct-2025",
      "details": "Ashish Polyplast Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/11/2025 inter alia to consider and approve BOARD MEETING SCHEDULED ON TUESDAY 11/11/2025 AT 05.30 P.M. TO CONSIDER REVIEW AND TAKE ON RECORD THE UNAUDITED STAND ALONE IND AS COMPLIANT FINANCIAL RESULTS FOR THE 2ND QUARTER AND HALF YEAR ENDED 30/09/2025",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Ashish Polyplast Ltd has declared <strong>1%</strong> dividend, ex-date: 29 Aug 13",
          "dt": "2013-08-29",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Why is Ashish Polyplast falling/rising?

2025-11-27 00:42:17

Short-Term Price Movement and Market Context

On the trading day of 26 November, Ashish Polyplast opened with a significant gap up of 7.85%, signalling early buying interest. The stock reached an intraday high of ₹33.40, mirroring this initial enthusiasm. This performance outpaced its sector by 4.41%, indicating relative strength within its industry group on that day. However, the weighted average price suggests that a larger volume of shares traded closer to the day's lower price levels, hinting at some resistance or profit-taking as the session progressed.

Despite this positive price action, the stock remains below all key moving averages—5-day, 20-day, 50-day, 100-day, and 200-day—highlighting that the recent rally is occurring against a backdrop of broader technical...

Why is Ashish Polyplast falling/rising?

2025-11-18 22:57:17

As of 18-Nov, Ashish Polyplast Ltd is experiencing a decline in its stock price, currently at Rs 34.00, reflecting a decrease of Rs 1.7 or 4.76%. The stock has been underperforming, having fallen consecutively for the last three days, resulting in a total decline of 7.73% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also significantly decreased, with an 85.98% drop compared to the 5-day average, suggesting reduced investor participation. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement. In the broader market context, Ashish Polyplast's performance has been notably poor compared to the benchmark index, Sensex. Over the past week, the stock has declined by 6.72%, while the Sensex has g...

Ashish Polyplast Q2 FY26: Profit Plunge Raises Concerns Despite Stable Revenue

2025-11-13 09:34:51

Ashish Polyplast Ltd., a micro-cap manufacturer of premium braided hoses and flexible PVC pipes, reported a troubling quarter ending September 2025, with net profit plunging into negative territory at ₹-0.07 crores compared to ₹0.39 crores in the previous quarter. The dramatic swing from profit to loss, despite relatively stable revenue of ₹3.69 crores, has raised serious questions about operational efficiency and cost management at the Ahmedabad-based company.

Is Ashish Polyplast overvalued or undervalued?

2025-11-13 08:11:48

As of 12 November 2025, the valuation grade for Ashish Polyplast has moved from expensive to very expensive. The company is currently overvalued, as indicated by its PE ratio of -203.85, which is significantly higher than its peers, such as Finolex Industries with a PE of 24.16 and Time Technoplast at 24.06. Additionally, the EV to EBITDA ratio stands at 12.23, aligning with the industry trend but still reflecting a premium valuation compared to its more reasonably priced competitors. The company's financial performance shows a ROCE of 4.91% and a negative ROE of -0.89%, which raises concerns about its profitability and return on equity. In contrast, peers like Supreme Industries and Astral are also classified as very expensive but maintain positive financial metrics. Recent stock performance reveals a decline of 40.74% over the past year, while the Sensex has risen by 7.36%, further supporting the conclus...

How has been the historical performance of Ashish Polyplast?

2025-11-13 00:23:56

Answer: The historical performance of Ashish Polyplast shows a mixed trend over the years, with fluctuations in key financial metrics. Breakdown: Ashish Polyplast's net sales have shown slight variations, with figures of 16.01 Cr in Mar'25, 15.94 Cr in Mar'24, and 16.03 Cr in Mar'23, indicating a relatively stable revenue stream over the last three years. However, the total operating income has also remained consistent, reflecting similar values. The raw material cost increased to 13.80 Cr in Mar'25 from 12.96 Cr in Mar'24, while total expenditure slightly rose to 15.39 Cr in Mar'25. Operating profit, excluding other income, was 0.62 Cr in Mar'25, showing a marginal increase from 0.61 Cr in Mar'24. Profit before tax decreased to 0.38 Cr in Mar'25 from 0.98 Cr in Mar'24, leading to a profit after tax of 0.25 Cr in Mar'25, down from 0.84 Cr in Mar'24. The company's earnings per share (EPS) dropped significan...

How has been the historical performance of Ashish Polyplast?

2025-11-12 23:52:23

Answer: The historical performance of Ashish Polyplast shows a mixed trend in its financial metrics over the years. Breakdown: Ashish Polyplast's net sales have shown slight fluctuations, with a peak of 16.24 Cr in March 2022, followed by a decline to 15.94 Cr in March 2024 and a marginal increase to 16.01 Cr in March 2025. Total operating income has mirrored this trend, remaining relatively stable around the 16 Cr mark. The raw material costs increased from 10.45 Cr in March 2020 to 13.80 Cr in March 2025, impacting the overall expenditure, which has also risen from 12.27 Cr in March 2020 to 15.39 Cr in March 2025. Operating profit (PBDIT) has fluctuated, reaching 0.75 Cr in March 2025, down from 1.37 Cr in March 2024. Profit before tax saw a decrease to 0.38 Cr in March 2025 from 0.98 Cr in March 2024, while profit after tax also declined to 0.25 Cr in March 2025 from 0.84 Cr in March 2024. The company's...

Is Ashish Polyplast overvalued or undervalued?

2025-11-04 08:08:44

As of 3 November 2025, the valuation grade for Ashish Polyplast has moved from fair to expensive, indicating a shift in perception regarding its market value. The company is currently deemed overvalued based on its high PE ratio of 40.43, an EV to EBIT of 12.13, and a ROE of 4.47%. In comparison to its peers, Ashish Polyplast's valuation stands out; for instance, Finolex Industries has a PE ratio of 29.41 and is considered fairly valued, while Supreme Industries is classified as very expensive with a PE of 58.8. The company's financial metrics suggest that it is trading at a premium relative to its earnings potential, especially when compared to peers in the same industry. Notably, Ashish Polyplast has underperformed against the Sensex over the past year, with a stock return of -33.78% compared to the Sensex's 5.34%. This performance, coupled with its current valuation metrics, reinforces the conclusion th...

When is the next results date for Ashish Polyplast?

2025-10-31 23:16:49

The next results date for Ashish Polyplast is scheduled for 11 November 2025....

Is Ashish Polyplast overvalued or undervalued?

2025-10-31 08:10:15

As of 30 October 2025, Ashish Polyplast's valuation grade has moved from expensive to fair, indicating a more favorable assessment of its market position. The company is currently fairly valued, with a PE ratio of 39.86, an EV to EBIT of 11.96, and a Price to Book Value of 1.78. In comparison to its peers, Finolex Industries, which is also fairly valued, has a significantly lower PE ratio of 29.7, while Supreme Industries is categorized as very expensive with a PE ratio of 56.92. Despite the recent decline in stock price, with a year-to-date return of -34.81% compared to the Sensex's 8.02%, Ashish Polyplast's valuation metrics suggest it is positioned more attractively within its sector. The company's ROCE stands at 2.98% and ROE at 4.47%, which, while modest, reflect its operational efficiency relative to peers. Overall, Ashish Polyplast appears to be fairly valued in the current market context....

View All News

Announcement

Submission Of Un-Audited Financial Results For The 2Nd Quarter And Half Year Ended 30Th September 2025

11-Nov-2025 | Source : BSE

Submission of Un-Audited Financial Results for the 2nd quarter and half year ended 30th September 2025

Board Meeting Outcome for Submission Of Outcome Of Board Meeting To Consider Financial Result For The Quarter Ended 30Th September 2025

11-Nov-2025 | Source : BSE

Submission of Outcome of board meeting to consider Financial result for the quarter ended 30th September 2025

Board Meeting Intimation for BOARD MEETING SCHEDULED ON TUESDAY 11/11/2025 AT 05.30 P.M. TO CONSIDER REVIEW AND TAKE ON RECORD THE UNAUDITED STAND ALONE IND AS COMPLIANT FINANCIAL RESULTS FOR THE 2ND QUARTER AND HALF YEAR ENDED 30/09/2025

30-Oct-2025 | Source : BSE

Ashish Polyplast Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/11/2025 inter alia to consider and approve BOARD MEETING SCHEDULED ON TUESDAY 11/11/2025 AT 05.30 P.M. TO CONSIDER REVIEW AND TAKE ON RECORD THE UNAUDITED STAND ALONE IND AS COMPLIANT FINANCIAL RESULTS FOR THE 2ND QUARTER AND HALF YEAR ENDED 30/09/2025