Promact Plastics

Who are in the management team of Promact Impex?

As of March 2023, the management team of Promact Impex includes Miteshkumar A Patel (Chairman & Independent Director), Nikitaben J Patel (Executive Director), Ankit J Patel (Non-Executive Director/Manager), and Akash D Patel (Independent Director). Each member plays a key role in the company's governance and strategy.

As of March 2023, the management team of Promact Impex includes the following individuals:<BR><BR>1. Miteshkumar A Patel - Chairman & Independent Director<BR>2. Nikitaben J Patel - Executive Director<BR>3. Ankit J Patel - Non-Executive Director / Manager<BR>4. Akash D Patel - Independent Director<BR><BR>Each member holds a significant role within the company, contributing to its governance and strategic direction.

Has Promact Impex declared dividend?

No Dividend History Available

Who are the peers of the Promact Impex?

Promact Impex's peers include EPL Ltd, AGI Greenpac, Uflex, Polyplex Corpn, TCPL Packaging, Cosmo First, Jindal Poly Film, XPRO India, and Mold-Tek Pack. Polyplex Corpn leads in 1-year returns at 66.64%, while Promact Impex has a return of -21.36%.

Peers: The peers of Promact Impex are EPL Ltd, AGI Greenpac, Uflex, Polyplex Corpn, TCPL Packaging, Cosmo First, Jindal Poly Film, XPRO India, Mold-Tek Pack.<BR><BR>Quality Snapshot: Excellent management risk is observed at EPL Ltd and Mold-Tek Pack., while Good management risk is found at TCPL Packaging. Average management risk is present at AGI Greenpac, Uflex, Jindal Poly Film, XPRO India, and Cosmo First, and the rest. Below Average growth is noted at Uflex, Jindal Poly Film, and the rest, while Average growth is seen at AGI Greenpac and the rest. Capital Structure is Excellent for Polyplex Corpn and Mold-Tek Pack., Good for EPL Ltd and Cosmo First, Average for TCPL Packaging, Jindal Poly Film, and XPRO India, and Below Average for Uflex.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Polyplex Corpn at 66.64%, while the lowest is Mold-Tek Pack. at -12.58%. Promact Impex's 1-year return of -21.36% is lower than both. Additionally, Uflex, Jindal Poly Film, XPRO India, and Mold-Tek Pack. have negative six-month returns.

Is Promact Impex overvalued or undervalued?

As of July 26, 2023, Promact Impex is considered risky but undervalued due to a low PE ratio of 7.34 and a negative Price to Book Value of -3.43, despite strong operational efficiency indicated by a high ROCE of 55.11%, especially when compared to its peers like Garware Hi Tech and AGI Greenpac.

As of 26 July 2023, the valuation grade for Promact Impex has moved from does not qualify to risky, indicating a shift in the company's perceived financial health. The company is currently assessed as undervalued, primarily due to its low PE ratio of 7.34 and a negative Price to Book Value of -3.43, which suggests significant concerns about its asset valuation. Additionally, the EV to EBIT and EV to EBITDA ratios are both at 11.73, reflecting a valuation that may not fully capture the company's potential.<BR><BR>In comparison to its peers, Promact Impex's PE ratio is significantly lower than that of Garware Hi Tech, which stands at 31.43, and AGI Greenpac at 17.02, both of which are categorized as very expensive and very attractive, respectively. This stark contrast highlights Promact Impex's undervaluation in the context of its industry. Despite recent underperformance against the Sensex, with a year-to-date return of -19.17% compared to the Sensex's 5.63%, the company's high ROCE of 55.11% suggests that it still possesses strong operational efficiency, further supporting the argument for its undervaluation.

What is the technical trend for Promact Impex?

As of June 4, 2025, Promact Impex shows a mildly bearish trend, supported by bearish MACD indicators and moving averages, while mixed signals from the KST suggest weak downward momentum.

As of 4 June 2025, the technical trend for Promact Impex has changed from bearish to mildly bearish. The weekly MACD remains bearish, while the monthly MACD is mildly bearish, indicating a weak downward momentum. The moving averages on the daily chart also reflect a mildly bearish stance. Bollinger Bands on both weekly and monthly time frames confirm a mildly bearish outlook. The KST shows a mildly bullish signal on the weekly chart but is mildly bearish on the monthly, suggesting mixed signals. Overall, the Dow Theory indicates a mildly bearish trend on the weekly chart with no clear trend on the monthly. Given these indicators, the current technical stance is mildly bearish.

What does Promact Impex do?

Promact Impex Ltd manufactures and sells high-density polyethylene/polypropylene woven fabrics and sacks in the packaging industry. As of March 2025, it reported net sales of 3 Cr and a net profit of 2 Cr, with a market cap of INR 6 Cr.

Overview:<BR>Promact Impex Ltd is engaged in the manufacture and sale of high-density polyethylene/polypropylene woven fabrics and sacks, operating within the packaging industry and classified as a micro-cap company.<BR><BR>History:<BR>Promact Impex Ltd was incorporated on March 26, 1985, as a private limited company and later converted into a public limited company on February 15, 1993. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 3 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 2 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 6 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 7.00 <BR>Industry P/E: 20 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -2.05 <BR>Return on Equity: -6.07% <BR>Price to Book: -3.03 <BR><BR>Contact Details:<BR>Address: 12th Floor- 1201 City Center 2, Science City Road Sola Ahmedabad Gujarat : 380060 <BR>Website: http://www.promactplastics.com

Who are the top shareholders of the Promact Impex?

The top shareholders of Promact Impex are Patel Ankit Jayantibhai with 7.39%, and Heli Ankit Patel with 5.75%. Individual investors hold 57.87% of the shares, with no institutional or pledged promoter holdings.

The top shareholders of Promact Impex include Patel Ankit Jayantibhai, who holds the highest promoter stake at 7.39%. The highest public shareholder is Heli Ankit Patel, with a holding of 5.75%. Additionally, individual investors collectively hold a significant portion of the shares, amounting to 57.87%. There are no institutional holdings from mutual funds or foreign institutional investors, and there are no pledged promoter holdings.

How big is Promact Impex?

As of 24th July, Promact Impex Ltd has a market capitalization of 6.00 Cr, with recent net sales of 0.92 Cr and a net profit of 0.13 Cr over the last four quarters. Shareholder's funds are at -1.95 Cr, and total assets amount to 7.17 Cr.

As of 24th July, <BR><BR>Market Cap: Promact Impex Ltd has a market capitalization of 6.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 0.92 Cr, while the sum of Net Profit for the same period is 0.13 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2024. Shareholder's Funds are recorded at -1.95 Cr, and Total Assets amount to 7.17 Cr.

How has been the historical performance of Promact Impex?

Promact Impex has experienced a significant decline in financial performance, with net sales dropping from 31.51 Cr in Mar'19 to 0.91 Cr in Mar'25, and consistent negative reserves of -8.35 Cr. Operating profit, profit before tax, and profit after tax have all decreased, while total liabilities and assets have also declined, indicating ongoing financial challenges.

Answer:<BR>The historical performance of Promact Impex shows a significant decline in net sales over the years, with figures dropping from 31.51 Cr in Mar'19 to just 0.91 Cr in Mar'25. The total operating income followed a similar trend, decreasing from 31.51 Cr in Mar'19 to 0.91 Cr in Mar'25. Operating profit (PBDIT) exhibited fluctuations, peaking at 2.07 Cr in Mar'19 but falling to 0.63 Cr in Mar'25. Profit before tax also saw a decline, from 1.08 Cr in Mar'19 to 0.15 Cr in Mar'25, while profit after tax decreased from 0.98 Cr in Mar'19 to 0.13 Cr in Mar'25. The company has consistently reported negative reserves, which stood at -8.35 Cr in Mar'25, and the book value per share has also been negative, reaching -2.81 in Mar'25. Total liabilities decreased from 9.81 Cr in Mar'20 to 7.05 Cr in Mar'25, while total assets also declined from 9.81 Cr in Mar'20 to 7.05 Cr in Mar'25. The cash flow from operating activities has remained stagnant, with no cash inflow reported in recent years.<BR><BR>Breakdown:<BR>Promact Impex's financial performance has shown a troubling downward trajectory over the years. Net sales have plummeted from 31.51 Cr in Mar'19 to a mere 0.91 Cr in Mar'25, reflecting a significant loss of revenue. Total operating income mirrored this decline, dropping to 0.91 Cr in Mar'25 from 31.51 Cr in Mar'19. Operating profit (PBDIT) fluctuated, reaching a high of 2.07 Cr in Mar'19 but falling to 0.63 Cr by Mar'25. Profit before tax and profit after tax also decreased, with profit before tax declining from 1.08 Cr in Mar'19 to 0.15 Cr in Mar'25, and profit after tax falling from 0.98 Cr to 0.13 Cr in the same period. The company has faced persistent negative reserves, recorded at -8.35 Cr in Mar'25, and a negative book value per share of -2.81. Total liabilities and total assets have both decreased, with total liabilities at 7.05 Cr and total assets at 7.05 Cr in Mar'25, down from 9.81 Cr in Mar'20. Cash flow from operating activities has not shown any positive movement, indicating ongoing financial challenges.

How has been the historical performance of Promact Impex?

Promact Impex has experienced significant declines in net sales and profitability, with net sales dropping from 31.51 Cr in Mar'19 to 0.91 Cr in Mar'25, and profit after tax decreasing from 0.98 Cr to 0.13 Cr over the same period. The company has faced challenges reflected in its declining financial metrics and inconsistent cash flow.

Answer:<BR>The historical performance of Promact Impex shows significant fluctuations in its financial metrics over the years, particularly in net sales and profitability.<BR><BR>Breakdown:<BR>Promact Impex's net sales have seen a dramatic decline from 31.51 Cr in Mar'19 to just 0.91 Cr in Mar'25, with a notable drop in sales occurring after Mar'20. The total operating income followed a similar trend, decreasing from 31.51 Cr in Mar'19 to 0.91 Cr in Mar'25. Operating profit (PBDIT) also exhibited volatility, peaking at 2.07 Cr in Mar'19 before falling to 0.63 Cr in Mar'25. Profit before tax and profit after tax have both shown a downward trajectory, with profit after tax dropping from 0.98 Cr in Mar'19 to 0.13 Cr in Mar'25. The company's total liabilities have decreased from 9.81 Cr in Mar'20 to 7.05 Cr in Mar'25, while total assets have similarly declined from 9.81 Cr to 7.05 Cr over the same period. Cash flow from operating activities has been inconsistent, with no cash inflow reported in the last three years. Overall, Promact Impex has faced significant challenges, reflected in its declining sales, profits, and asset values.

When is the next results date for Promact Plastis Ltd?

The next results date for Promact Plastis Ltd is 18 May 2026.

The next results date for Promact Plastis Ltd is scheduled for 18 May 2026.

Should I buy, sell or hold Promact Plastis Ltd?

Are Promact Plastis Ltd latest results good or bad?

Promact Plastics Ltd's latest results are poor, with zero net sales in Q4 FY26 and a net loss of ₹0.25 crores, indicating the company has effectively ceased operations and is facing serious financial distress. The negative book value and significant stock decline further highlight its critical state and lack of market confidence.

Promact Plastics Ltd's latest results are decidedly poor. The company reported zero net sales in Q4 FY26, marking a staggering 100% decline compared to the previous quarter and the same quarter last year. This complete absence of revenue indicates that the business has effectively ceased operations.<BR><BR>Additionally, Promact Plastics recorded a net loss of ₹0.25 crores for the quarter, which is a deterioration from the loss of ₹0.21 crores in the previous quarter and a significant reversal from a profit of ₹0.16 crores in Q4 FY25. The operating margin stands at 0.0%, reflecting the dire situation where no meaningful profitability can be calculated due to the lack of sales.<BR><BR>The company's financial health is further illustrated by a negative book value of ₹-2.81 per share and negative shareholder equity of ₹-1.83 crores, raising serious concerns about its viability as a going concern. The stock has also seen a significant decline, trading close to its 52-week low, which suggests that the market has largely lost confidence in the company's prospects.<BR><BR>In summary, the latest results indicate that Promact Plastics is in a critical state, facing an existential crisis with no clear path to recovery.

Why is Promact Plastis Ltd falling/rising?

As of 02-Jun, Promact Plastis Ltd's stock price is slightly rising at 8.61, following two days of decline, but it remains below all moving averages and has underperformed its sector. Despite a long-term gain of 172.47% over three years, the stock faces short-term challenges, including a year-to-date drop of 11.24%.

As of 02-Jun, Promact Plastis Ltd's stock price is rising slightly, with a current price of 8.61, reflecting a change of 0.05 (0.58%) upwards. This increase comes after the stock experienced two consecutive days of decline, indicating a potential trend reversal. However, despite this recent uptick, the stock has underperformed its sector by 0.57% today and is trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which suggests a generally weak performance.<BR><BR>Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 34.5% compared to the 5-day average. This decline in trading activity may contribute to the stock's volatility and overall performance. Over the longer term, the stock has seen significant gains over 3 years (+172.47%) and 5 years (+100.70%), but it has also faced substantial declines in the short term, with a year-to-date drop of 11.24% and a 1-year decline of 21.01%. Overall, while the stock is currently rising, the broader context indicates ongoing challenges that could affect its future performance.

Which are the latest news on Promact Plastics?