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.

When is the next results date for Promact Impex?

No Upcoming Board Meetings

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.

Are Promact Impex latest results good or bad?

Promact Impex's latest results are concerning, showing a flat performance with a PBDIT of Rs -0.01 crore and a PBT of Rs -0.15 crore for June 2025, indicating ongoing financial difficulties and declining profitability. Although there was no year-over-year growth, the situation has improved slightly from last year’s significant declines.

Promact Impex's latest financial results indicate a challenging situation for the company. For the quarter ending June 2025, the company reported a flat performance, with its operating profit before depreciation, interest, and taxes (PBDIT) at Rs -0.01 crore, which is the lowest in the past five quarters. Additionally, the profit before tax (PBT) also declined to Rs -0.15 crore, reflecting ongoing financial difficulties.<BR><BR>While there was no year-over-year growth in net sales or standalone net profit, the figures did show an improvement compared to the drastic declines seen in the previous year. However, the earnings per share (EPS) of Rs -0.23 further highlights the declining profitability and challenges faced by shareholders.<BR><BR>Overall, the results suggest that Promact Impex is navigating a tough economic landscape, and the negative trends in key financial metrics raise concerns about its near-term financial health.

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.

Should I buy, sell or hold Promact Plastis Ltd?

Why is Promact Plastis Ltd falling/rising?

As of 01-Apr, the stock price of Promact Plastis Ltd is at 10.30, unchanged from the previous session, but has declined 0.48% over the past week and 5.42% over the month. Despite a year-to-date increase of 6.19%, declining trading activity and sector performance indicate the stock is under downward pressure.

As of 01-Apr, the stock price of Promact Plastis Ltd is currently at 10.30, showing no change from the previous trading session. The stock has experienced a decline of 0.48% over the past week and a more significant drop of 5.42% over the past month. Year-to-date, however, it has increased by 6.19, contrasting with a decline of 14.18% in the Sensex during the same period.<BR><BR>Despite today's performance indicating that the stock outperformed its sector by 5.4%, there are several concerning factors contributing to its overall decline. The stock has not traded on two days out of the last 20, indicating erratic trading behavior. Additionally, the stock's delivery volume has significantly decreased, with a drop of 92.21% against the 5-day average delivery volume, suggesting a lack of investor participation. Furthermore, while the stock is currently higher than its 5-day moving average, it remains below its 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in the longer term.<BR><BR>The packaging sector, in which Promact Plastis Ltd operates, has also seen a decline of 6.01%, which may be impacting investor sentiment negatively. Overall, while there are some positive indicators such as year-to-date performance, the combination of declining trading activity, lower investor participation, and sector performance suggests that the stock is facing downward pressure.

Which are the latest news on Promact Plastics?