Premium Plast

Why is Premium Plast Ltd falling/rising?

As of 18-Jul, Premium Plast Ltd's stock price is at 40.00, down 4.76%, underperforming its sector and experiencing a significant drop over the past week. Despite trading above longer-term moving averages, short-term weakness is indicated by its position relative to shorter moving averages and decreased investor participation.

As of 18-Jul, Premium Plast Ltd's stock price is falling, currently at 40.00, which reflects a decrease of 2.0 or 4.76%. This decline is evident in the stock's performance today, where it underperformed its sector by 4.83%. Over the past week, the stock has seen a significant drop of 4.88%, contrasting with a slight increase of 0.53% in the Sensex during the same period. <BR><BR>Additionally, there has been a notable decrease in investor participation, with the delivery volume on 16 July falling by 37.5% compared to the 5-day average. Although the stock is trading above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages, indicating a short-term weakness. Overall, these factors contribute to the downward pressure on Premium Plast Ltd's stock price.

Which are the latest news on Premium Plast?

What does Premium Plast do?

Premium Plast Ltd is a micro-cap company in the diversified consumer products industry, reporting net sales of 12 Cr and a net profit of 1 Cr for June 2024. Key financial metrics include a P/E ratio of 10.00 and a market cap of INR 69 Cr.

Overview:<BR>Premium Plast Ltd operates in the diversified consumer products industry and is categorized as a micro-cap company.<BR><BR>History:<BR>Premium Plast Limited was incorporated in 1995 under the name `Premium Plast Private Limited`. The latest quarterly results reported net sales and net profit for June 2024.<BR><BR>Financial Snapshot:<BR>Net Sales: 12 Cr (Quarterly Results - Jun 2024) <BR>Net Profit: 1 Cr (Quarterly Results - Jun 2024) <BR>Market Cap: INR 69 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 10.00 <BR>Industry P/E: 36 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.03 <BR>Return on Equity: 10.68% <BR>Price to Book: 1.07 <BR><BR>Contact Details:<BR>No Company Details Available <BR>Registrar Address: Not available.

How big is Premium Plast?

As of 10th June, Premium Plast Ltd has a market capitalization of 69.00 Cr, with recent net sales of 12.13 Cr and a net profit of 1.41 Cr for the quarter ending June 2024. The balance sheet as of March 2023 shows shareholder's funds of 11.75 Cr and total assets of 29.05 Cr.

As of 10th June, Premium Plast Ltd has a market capitalization of 69.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest quarter ending June 2024, Premium Plast reported Net Sales of 12.13 Cr and a Net Profit of 1.41 Cr.<BR><BR>The latest annual period for the balance sheet is March 2023, showing Shareholder's Funds of 11.75 Cr and Total Assets of 29.05 Cr.

Who are the peers of the Premium Plast?

Premium Plast's peers include Tokyo Plast Intl, Srivasavi Adhes., Atlas Cycles, Ganga Bath Fitt., Essex Marine, Restile Ceramics, Super Tannery, Elegant Marbles, and COSCO (India). In terms of management risk, growth, and capital structure, Premium Plast performs better than several peers, with a 1-year return of -18.16%.

Peers: The peers of Premium Plast are Tokyo Plast Intl, Srivasavi Adhes., Atlas Cycles, Ganga Bath Fitt., Essex Marine, Restile Ceramics, Super Tannery, Elegant Marbles, and COSCO (India).<BR><BR>Quality Snapshot: Good management risk is observed at Srivasavi Adhes. and Essex Marine, while Average management risk is found at Premium Plast, Ganga Bath Fitt., and Elegant Marbles, and the rest. Below Average management risk is noted for Tokyo Plast Intl, Atlas Cycles, Super Tannery, and COSCO (India). Growth is Excellent at Ganga Bath Fitt., Good at Premium Plast and Elegant Marbles, while Average growth is seen at Tokyo Plast Intl and Essex Marine, and the rest. Below Average growth is present at Srivasavi Adhes., Atlas Cycles, and Super Tannery. Capital Structure is Excellent at Premium Plast, Good at Srivasavi Adhes. and Elegant Marbles, while Average capital structure is found at Ganga Bath Fitt., and the rest. Below Average capital structure is noted for Tokyo Plast Intl, Essex Marine, Atlas Cycles, Super Tannery, and COSCO (India).<BR><BR>Return Snapshot: The peer with the highest 1-year return is Ganga Bath Fitt. at -57.72%, while the lowest is Tokyo Plast Intl at -39.49%. Premium Plast's 1-year return is -18.16%, which is better than both. Additionally, the six-month returns for Tokyo Plast Intl, Atlas Cycles, Ganga Bath Fitt., Super Tannery, and COSCO (India) are negative.

Is Premium Plast overvalued or undervalued?

As of December 2, 2025, Premium Plast is considered an attractive investment due to its undervalued status, with a PE ratio of 10.87 and an EV to EBITDA of 6.53, especially when compared to industry peers like Supreme Industries and Astral, which have much higher valuations.

As of 2 December 2025, the valuation grade for Premium Plast has moved from fair to attractive, indicating a positive shift in its investment appeal. The company is currently assessed as undervalued, particularly when considering its key ratios: a PE ratio of 10.87, an EV to EBITDA of 6.53, and a ROCE of 14.90%. These figures suggest that Premium Plast is trading at a significant discount compared to its peers.<BR><BR>In comparison to its industry peers, Premium Plast's valuation metrics stand out. For instance, Supreme Industries and Astral are deemed very expensive with PE ratios of 49.93 and 75.02, respectively, while Finolex Industries, categorized as fair, has a PE ratio of 22.61. The stark contrast in valuations underscores Premium Plast's attractive positioning in the market. Additionally, while the company has underperformed the Sensex with a year-to-date return of -15.34% compared to the index's 10.10%, its current valuation presents a compelling opportunity for investors seeking value in the diversified consumer products sector.

How has been the historical performance of Premium Plast?

Premium Plast has shown steady growth in net sales and profitability over the past three years, with net sales increasing from 44.04 Cr in Mar'23 to 57.03 Cr in Mar'25 and profit before tax rising from 2.21 Cr to 8.62 Cr in the same period. The company maintained a strong operating profit margin and improved its financial position despite rising raw material costs.

Answer:<BR>The historical performance of Premium Plast shows a steady growth in net sales and profitability over the past three years.<BR><BR>Breakdown:<BR>Premium Plast's net sales increased from 44.04 Cr in Mar'23 to 57.03 Cr in Mar'25, reflecting a significant upward trend. The total operating income followed the same trajectory, rising from 44.04 Cr in Mar'23 to 57.03 Cr in Mar'25. Despite the rise in raw material costs from 33.54 Cr in Mar'23 to 37.01 Cr in Mar'25, the company managed to improve its operating profit (PBDIT) from 5.46 Cr in Mar'23 to 12.40 Cr in Mar'25. This resulted in an operating profit margin of 21.37% in Mar'25, slightly down from 21.99% in Mar'24 but significantly higher than the 12.38% in Mar'23. Profit before tax also saw a notable increase, climbing from 2.21 Cr in Mar'23 to 8.62 Cr in Mar'25, with profit after tax reaching 6.45 Cr in Mar'25 compared to 1.59 Cr in Mar'23. The earnings per share (EPS) remained relatively stable, with a slight increase from 3.34 in Mar'23 to 3.38 in Mar'25. On the balance sheet, total liabilities rose from 29.05 Cr in Mar'23 to 29.05 Cr in Mar'25, while total assets also increased, indicating a solid financial position. Overall, Premium Plast has demonstrated consistent growth in sales and profitability, positioning itself favorably in the market.

What is the technical trend for Premium Plast?

As of June 3, 2025, the technical trend is mildly bullish, supported by Bollinger Bands and Dow Theory, despite mixed signals from MACD and On-Balance Volume.

As of 3 June 2025, the technical trend has changed from sideways to mildly bullish. The weekly MACD is not providing a clear signal, while the monthly MACD is also absent. The Bollinger Bands indicate a bullish stance on the weekly timeframe. Moving averages are not specified, but the Dow Theory supports a mildly bullish outlook on both weekly and monthly timeframes. The On-Balance Volume (OBV) shows a mildly bullish trend weekly but is mildly bearish monthly. Overall, the current technical stance is mildly bullish, driven primarily by the Bollinger Bands and Dow Theory indicators.

Who are the top shareholders of the Premium Plast?

The top shareholder of Premium Plast is promoter Chetan Nagendra Dave, holding 56.93%. Other notable shareholders include a Foreign Institutional Investor and Zeal Global Opportunities Fund, each with 2.14%, while individual investors own 22.47% of the company.

The top shareholders of Premium Plast include Chetan Nagendra Dave, who is the promoter with the highest holding at 56.93%. Additionally, there is one Foreign Institutional Investor (FII) that holds 2.14% of the shares. The highest public shareholder is Zeal Global Opportunities Fund, also holding 2.14%. Individual investors collectively own 22.47% of the company. There are no pledged promoter holdings, and mutual funds do not hold any shares in the company.

When is the next results date for Premium Plast?

No Upcoming Board Meetings

Has Premium Plast declared dividend?

No Dividend History Available