Prima Plastics

Which are the latest news on Prima Plastics?

Why is Prima Plastics Ltd falling/rising?

As of 05-Sep, Prima Plastics Ltd's stock price is rising to Rs 137.80, following a trend reversal after four days of decline and outperforming its sector by 2.09%. Despite a decrease in investor participation, the stock remains above key moving averages, indicating a bullish trend.

As of 05-Sep, Prima Plastics Ltd's stock price is rising, currently at Rs 137.80, reflecting a change of Rs 3.0 or 2.23%. This increase comes after a trend reversal, as the stock has gained after four consecutive days of decline. Additionally, the stock has outperformed its sector by 2.09% today, indicating a positive performance relative to its peers.<BR><BR>The stock reached an intraday high of Rs 139.9, which is a 3.78% increase, although it also experienced a low of Rs 130, a decrease of 3.56%. Despite the fluctuations, the overall movement today suggests a recovery phase. Furthermore, the stock's performance over the past month shows a significant increase of 13.23%, contrasting with a decline in the benchmark Sensex by 2.44% during the same period.<BR><BR>However, it is important to note that there has been a decrease in investor participation, with delivery volume falling by 7.69% compared to the 5-day average. This decline in trading activity could indicate a cautious sentiment among investors. Nevertheless, the stock remains above its 20-day, 50-day, 100-day, and 200-day moving averages, which typically suggests a bullish trend in the longer term. Overall, the combination of a recent upward movement, relative outperformance, and a trend reversal contributes to the current rise in Prima Plastics Ltd's stock price.

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 Company Secretary Vandana Satish Ahuja, who collectively oversee the company's governance and strategic direction.

The management team of Prima Plastics includes the following individuals:<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 plays a crucial role in the governance and strategic direction of the company.

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 171 Cr. As of June 2026, it reported net sales of 40 Cr and a net profit of 3 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 Limited was incorporated as a public limited company on 17 November 1993 and went public in April 1995. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 40 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 3 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 171 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 8.00 <BR>Industry P/E: 34 <BR>Dividend Yield: 1.30% <BR>Debt-Equity: -0.02 <BR>Return on Equity: 10.85% <BR>Price to Book: 0.91<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

Who are the peers of the Prima Plastics?

Peers of Prima Plastics include Superhouse Ltd, Murudesh.Ceramic, Super Tannery, and others. Prima Plastics has a good capital structure and a 1-year return of 21.13%, while Super Tannery leads with a 74.01% return.

Peers: The peers of Prima Plastics are Superhouse Ltd, Murudesh.Ceramic, Super Tannery, Manoj Ceramic, Rajshree Polypac, Esprit Stones, Master Component, Polysil Irrigati, and Pro FX.<BR><BR>Quality Snapshot: Excellent management risk is observed at Master Component and Pro FX, while Average management risk is found at Superhouse Ltd, Murudesh.Ceramic, Prima Plastics, Manoj Ceramic, and the rest. Below Average management risk is noted at Super Tannery, Rajshree Polypac, Esprit Stones, and Polysil Irrigati. Growth ratings show Excellent growth at Manoj Ceramic, Average growth at Superhouse Ltd, Murudesh.Ceramic, Prima Plastics, and the rest, while Below Average growth is seen at Super Tannery, Rajshree Polypac, Esprit Stones, and Polysil Irrigati. In terms of Capital Structure, Good capital structure is noted at Prima Plastics, Master Component, and Pro FX, while Below Average capital structure is found at Superhouse Ltd, Murudesh.Ceramic, Super Tannery, Manoj Ceramic, Rajshree Polypac, Esprit Stones, Polysil Irrigati, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Super Tannery at 74.01%, while the lowest is Murudesh.Ceramic at -29.72%. Prima Plastics has a 1-year return of 21.13%, which is significantly higher than Murudesh.Ceramic but lower than Super Tannery. Additionally, Murudesh.Ceramic and Rajshree Polypac have negative six-month returns.

How big is Prima Plastics?

As of 31st August, Prima Plastics Ltd has a market capitalization of 171.00 Cr, with net sales of 189.28 Cr and a net profit of 19.65 Cr reported over the latest four quarters. The company has shareholder's funds of 186.82 Cr and total assets of 235.40 Cr as of March 2026.

As of 31st August, Prima Plastics Ltd has a market capitalization of 171.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Prima Plastics reported net sales of 189.28 Cr and a net profit of 19.65 Cr.<BR><BR>For the latest annual period ending in March 2026, the company had shareholder's funds amounting to 186.82 Cr and total assets of 235.40 Cr.

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.

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.