Prima Plastics

Why is Prima Plastics Ltd falling/rising?

As of 06-Aug, Prima Plastics Ltd's stock price is at 122.70, down 1.76%, and has underperformed its sector today. Despite a recent monthly increase of 3.98%, investor participation is declining, and the stock shows short-term weakness, trading below some moving averages.

As of 06-Aug, Prima Plastics Ltd's stock price is falling, currently at 122.70, which reflects a decrease of 2.2 or 1.76%. This decline is evident as the stock has underperformed its sector by 2.55% today. Additionally, while the stock has shown some positive performance over the past month with a 3.98% increase, it has not kept pace with the benchmark Sensex, which rose by 0.86% during the same period.<BR><BR>Investor participation appears to be declining, as indicated by a drop in delivery volume of 4.46k on August 5, which is down by 0.85% compared to the 5-day average. Although the stock is trading above its 20-day, 100-day, and 200-day moving averages, it is below the 5-day and 50-day moving averages, suggesting a short-term weakness. Furthermore, despite a high dividend yield of 3.21%, these factors combined contribute to the current downward pressure on the stock price.

Which are the latest news on Prima Plastics?

Should I buy, sell or hold Prima Plastics Ltd?

When is the next results date for Prima Plastics Ltd?

The next results date for Prima Plastics Ltd is 10 August 2026.

The next results date for Prima Plastics Ltd is scheduled for 10 August 2026.

What does Prima Plastics do?

Prima Plastics Ltd is an Indian manufacturer and exporter of plastic products, classified as a micro-cap company with a market cap of INR 154 Cr. As of March 2026, it reported net sales of 47 Cr and a net profit of 9 Cr.

Overview:<BR>Prima Plastics Ltd is a leading manufacturer and exporter of plastic products in India, operating within the diversified consumer products industry and classified as a micro-cap company.<BR><BR>History:<BR>Prima Plastics Ltd was incorporated as a public limited company on 17 November 1993 and conducted a public issue in April 1995. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 47 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 9 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 154 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 7.00<BR>- Industry P/E: 36<BR>- Dividend Yield: 1.49%<BR>- Debt Equity: -0.02<BR>- Return on Equity: 10.71%<BR>- Price to Book: 0.79<BR><BR>Contact Details:<BR>Address: 98/4 Prima House Kadaiya, Daman Industrial Estate Nani Daman Daman & Diu : 396210<BR>Tel: 91-260-2221845/2220445<BR>Email: investor@primaplastics.com<BR>Website: http://www.primaplastics.com/www.aluma.co.in

How big is Prima Plastics?

As of 10th June, Prima Plastics Ltd has a market capitalization of 154.00 Cr and reported net sales of 196.36 Cr and net profit of 19.99 Cr over the latest four quarters.

As of 10th June, <BR><BR>Market Cap: Prima Plastics Ltd has a market capitalization of 154.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 196.36 Cr, while the sum of Net Profit for the same period is 19.99 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds are valued at 180.76 Cr, and Total Assets amount to 250.86 Cr.

Who are in the management team of Prima Plastics?

The management team of Prima Plastics includes Executive Chairman Bhaskar M Parekh, Managing Director Dilip M Parekh, and several independent directors, along with the Company Secretary Vandana Satish Ahuja. They oversee the company's strategic direction and regulatory compliance.

The management team of Prima Plastics includes the following members:<BR><BR>1. **Bhaskar M Parekh** - Executive Chairman<BR>2. **Dilip M Parekh** - Managing Director<BR>3. **Krishnakant V Chitalia** - Independent Director<BR>4. **Rasiklal M Doshi** - Independent Director<BR>5. **Hina Vijay Mehta** - Director<BR>6. **Snehal Natvarlal Muzoomdar** - Independent Director<BR>7. **Shailesh S Shah** - Independent Director<BR>8. **Vandana Satish Ahuja** - Company Secretary & Compliance Officer<BR>9. **Daxa J. Baxi** - Independent Director<BR><BR>This team is responsible for guiding the company's strategic direction and ensuring compliance with regulations.

Who are the peers of the Prima Plastics?

Peers of Prima Plastics include Superhouse Ltd, OK Play India, Avro India, and others. Prima Plastics has the highest 1-year return at 2.14%, while OK Play India has the lowest at -49.78%.

Peers: The peers of Prima Plastics are Superhouse Ltd, OK Play India, Avro India, Esprit Stones, Aeron Composites, Eleganz Interior, Pro FX, Master Component, and Rajshree Polypac.<BR><BR>Quality Snapshot: Excellent management risk is observed at Eleganz Interior, Pro FX, and Master Component, while Average management risk is found at Superhouse Ltd, Prima Plastics, Avro India, and Aeron Composites. Below Average management risk is noted at OK Play India, Esprit Stones, and Rajshree Polypac. Growth is rated as Good for Eleganz Interior, while Average growth is seen at Superhouse Ltd, Aeron Composites, and Pro FX, and Below Average growth is noted for Prima Plastics, OK Play India, Avro India, Esprit Stones, and Rajshree Polypac. Capital Structure is rated as Excellent for Eleganz Interior and Pro FX, Good for Prima Plastics and Master Component, and Average for Superhouse Ltd and Avro India, while Below Average is observed at OK Play India, Esprit Stones, and Rajshree Polypac.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Prima Plastics at 2.14%, while the lowest is OK Play India at -49.78%, indicating that Prima Plastics outperforms its peers in this regard. Additionally, the six-month returns are negative for OK Play India, Avro India, and Rajshree Polypac.

Are Prima Plastics Ltd latest results good or bad?

Prima Plastics Ltd's latest results show strong profitability with a 71.94% increase in net profit to ₹8.70 crores, but a concerning 12.05% decline in net sales to ₹46.70 crores raises questions about demand and market position. Overall, while profit margins have improved, the revenue drop is a significant concern for future performance.

The latest results for Prima Plastics Ltd present a mixed picture. On one hand, the company achieved a consolidated net profit of ₹8.70 crores in Q4 FY26, marking a significant increase of 71.94% quarter-on-quarter and 18.37% year-on-year. This improvement in profitability is encouraging and indicates strong operational efficiency, as reflected in the operating margin, which rose to 20.96%, up from 12.92% in the previous quarter.<BR><BR>However, the downside is that net sales fell to ₹46.70 crores, representing a decline of 12.05% quarter-on-quarter and a substantial 19.23% year-on-year. This decline raises concerns about demand conditions and the company's competitive positioning in the market, as it marks the lowest quarterly revenue in the past seven quarters.<BR><BR>Overall, while the profitability metrics have shown remarkable improvement, the persistent revenue decline is a significant red flag. The ability of Prima Plastics to sustain these elevated margins amidst shrinking sales will be crucial for its future performance and investor confidence.

How has been the historical performance of Prima Plastics?

Prima Plastics has shown growth in net sales and total assets, increasing from 119.05 Cr in Mar'21 to 193.67 Cr in Mar'25, but profitability has declined, with profit after tax dropping from 15.20 Cr in Mar'24 to 7.04 Cr in Mar'25 due to rising raw material costs and decreased operating profit.

Answer:<BR>The historical performance of Prima Plastics shows a mixed trend in financial metrics over the years.<BR><BR>Breakdown:<BR>Prima Plastics has experienced fluctuations in net sales, with figures rising from 119.05 Cr in Mar'21 to 193.67 Cr in Mar'25, despite a dip to 184.14 Cr in Mar'24. Total operating income followed a similar pattern, reaching 193.67 Cr in Mar'25. The raw material costs increased significantly from 65.29 Cr in Mar'21 to 112.36 Cr in Mar'25, impacting the operating profit, which fell from 30.36 Cr in Mar'24 to 22.49 Cr in Mar'25. Profit before tax also decreased from 20.25 Cr in Mar'24 to 12.41 Cr in Mar'25, leading to a profit after tax of 7.04 Cr in Mar'25, down from 15.20 Cr in Mar'24. The company's total liabilities rose from 130.73 Cr in Mar'20 to 250.86 Cr in Mar'25, while total assets increased from 130.73 Cr in Mar'20 to 250.86 Cr in Mar'25, indicating growth in the asset base. Cash flow from operating activities declined to 3.00 Cr in Mar'25 from 27.00 Cr in Mar'24, contributing to a net cash outflow of 2.00 Cr in Mar'25. Overall, while Prima Plastics has shown growth in sales and assets, profitability metrics have faced challenges in recent years.

Is Prima Plastics overvalued or undervalued?

As of November 10, 2025, Prima Plastics is considered very attractive and undervalued with a PE ratio of 8.75, a price-to-book value of 0.81, and an EV to EBITDA ratio of 7.53, significantly lower than its peers, despite a year-to-date return of -22.08% compared to the Sensex's 6.91%, but with a positive long-term outlook reflected in a 3-year return of 55.56%.

As of 10 November 2025, the valuation grade for Prima Plastics has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued, with a price-to-earnings (PE) ratio of 8.75, a price-to-book value of 0.81, and an EV to EBITDA ratio of 7.53. These ratios suggest that Prima Plastics is trading at a discount compared to its earnings and book value.<BR><BR>In comparison to its peers, Prima Plastics stands out with its low PE ratio, especially when contrasted with Supreme Industries and Astral, which have PE ratios of 57.96 and 82.76, respectively. Additionally, the company's PEG ratio is at 0.00, further reinforcing its undervaluation. Despite recent stock performance lagging behind the Sensex, particularly with a year-to-date return of -22.08% versus the Sensex's 6.91%, the long-term outlook remains positive, as evidenced by a 3-year return of 55.56%.

Who are the top shareholders of the Prima Plastics?

The top shareholders of Prima Plastics include promoter Dilip Manharlal Parekh with 28.03% and public shareholder Madanlal Jawanmalji Jain with 4.91%. Individual investors collectively own 35.39% of the shares, with no mutual funds or foreign institutional investors involved.

The top shareholders of Prima Plastics include the promoters, with Dilip Manharlal Parekh holding the largest share at 28.03%. Additionally, the highest public shareholder is Madanlal Jawanmalji Jain, who owns 4.91%. Overall, individual investors collectively hold 35.39% of the company's shares. There are no mutual funds or foreign institutional investors currently holding shares in the company.

What is the technical trend for Prima Plastics?

As of June 2, 2025, Prima Plastics shows a mildly bearish trend overall, with mixed signals from various indicators, including a bearish daily moving average and a mildly bullish weekly MACD.

As of 2 June 2025, the technical trend for Prima Plastics has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD is mildly bearish, suggesting mixed signals in the longer term. The daily moving averages remain bearish, indicating short-term weakness. The Bollinger Bands show a sideways trend on the weekly chart and a mildly bearish trend on the monthly chart. The KST is bullish on the weekly but mildly bearish on the monthly, adding to the mixed outlook. Overall, the current technical stance is mildly bearish, with key indicators reflecting a lack of strong momentum in either direction.

Has Prima Plastics declared dividend?

Yes, Prima Plastics Ltd has declared a 20% dividend, amounting to 2 per share, with an ex-date of April 8, 2024. Despite this, the dividend yield is 0%, and total returns have varied, showing significant gains over longer periods but recent declines in shorter terms.

Prima Plastics Ltd has declared a 20% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 20%<BR>- Amount per share: 2<BR>- Ex-date: 08 Apr 24<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>Over the past 6 months, the price return was -10.22%, with a dividend return of 0%, resulting in a total return of -10.22%.<BR><BR>In the 1-year period, the price return was -12.35%, the dividend return was 0%, leading to a total return of -12.35%.<BR><BR>For the 2-year period, the price return was -4.61%, with a dividend return of 2.27%, resulting in a total return of -2.34%.<BR><BR>In the 3-year period, the price return was 76.93%, the dividend return was 4.22%, culminating in a total return of 81.15%.<BR><BR>Over the 4-year period, the price return was 28.19%, the dividend return was 3.95%, resulting in a total return of 32.14%.<BR><BR>In the 5-year period, the price return was 304.92%, with a dividend return of 11.88%, leading to a total return of 316.8%.<BR><BR>Overall, Prima Plastics has declared a dividend, but the dividend yield remains at 0%. The total returns indicate a mixed performance over different periods, with significant gains in the longer term despite recent declines in shorter periods.