Promact Plastics

Why is Promact Plastis Ltd falling/rising?

As of 04-Aug, the stock price of Promact Plastis Ltd is at 8.60, showing no change and underperforming against the Sensex, which has risen by 2.17% over the past week. The stock has declined 11.34% year-to-date and 14.51% over the past year, indicating a bearish trend and erratic trading behavior.

As of 04-Aug, the stock price of Promact Plastis Ltd is currently at 8.60, with no change from the previous trading session. The stock has underperformed compared to the benchmark Sensex, which has risen by 2.17% over the past week. Year-to-date, Promact Plastics has seen a decline of 11.34%, while the Sensex has decreased by only 7.97%. Over the past year, the stock has fallen by 14.51%, significantly underperforming the Sensex's decline of 3.20%. <BR><BR>Additionally, the stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Although there has been a rise in investor participation, with a 28.26% increase in delivery volume on July 30 compared to the 5-day average, the overall performance today shows that the stock has underperformed its sector by 1.11%. Furthermore, the stock has not traded on one day out of the last 20 days, suggesting erratic trading behavior. <BR><BR>Overall, the combination of underperformance against the benchmark, declining year-to-date and yearly returns, and trading below moving averages contributes to the perception that Promact Plastis Ltd is currently in a falling trend.

Which are the latest news on Promact Plastics?

When is the next results date for Promact Plastis Ltd?

The next results date for Promact Plastis Ltd is 10 August 2026.

The next results date for Promact Plastis Ltd is scheduled for 10 August 2026.

How big is Promact Plastics?

As of 10th June, Promact Plastics Ltd has a market capitalization of 6.00 Cr, with recent net sales of 0.16 Cr and a net loss of 0.73 Cr over the last four quarters. Shareholder's funds show a loss of 1.83 Cr against total assets of 7.05 Cr.

As of 10th June, <BR><BR>Market Cap: Promact Plastics 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 0.16 Cr, while the sum of Net Profit for the same period shows a loss of 0.73 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds are recorded at a loss of 1.83 Cr, and Total Assets amount to 7.05 Cr.

Who are in the management team of Promact Plastics?

The management team of Promact Plastics consists of Miteshkumar A Patel (Chairman & Independent Director), Nikitaben J Patel (Executive Director), Ankit J Patel (Non-Executive Director), and Akash D Patel (Independent Director).

The management team of Promact Plastics 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<BR>4. Akash D Patel - Independent Director<BR><BR>If you need more information about their roles or the company, feel free to ask!

Who are the peers of the Promact Plastics?

Promact Plastics' peers include Kahan Packaging, Yashraj Contain, MPL Plastics, and others. Karnawati Innova shows the best management and growth metrics, while Kahan Packaging has the lowest returns.

Peers: The peers of Promact Plastics are Kahan Packaging, Yashraj Contain., MPL Plastics, Polycon Intl., Karnawati Innova, Stanpacks(India), Vinayak Polycon, Deccan Polypacks, Quantum Digital.<BR><BR>Quality Snapshot: Excellent management risk is observed at Karnawati Innova, while Average management risk is found at Kahan Packaging. Below Average management risk is noted at Stanpacks(India) and Vinayak Polycon, and the rest do not qualify. Good growth is seen at Karnawati Innova, Average growth at Kahan Packaging, and Below Average growth at Stanpacks(India) and Vinayak Polycon, with the rest not qualifying. Good capital structure is present at Karnawati Innova, Average at Kahan Packaging, and Below Average at Stanpacks(India) and Vinayak Polycon, while the rest do not qualify.<BR><BR>Return Snapshot: Karnawati Innova has the highest 1-year return at 13.22%, while Kahan Packaging has the lowest at -42.86%. Promact Plastics has a 1-year return of 2.69%, which is higher than Kahan Packaging but lower than Karnawati Innova. Additionally, several peers, including Stanpacks(India), Vinayak Polycon, and Polycon Intl., have negative six-month returns.

What does Promact Plastics do?

Promact Plastics Limited is a micro-cap company in the packaging industry, incorporated in 1985 and converted to a public company in 1993. As of March 2026, it reported a market cap of INR 6 Cr, with a net profit of 0 Cr and a return on equity of 12.55%.

Overview:<BR>Promact Plastics Limited operates in the packaging industry and is categorized as a micro-cap company.<BR><BR>History:<BR>Promact Plastics Limited 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 are for March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026)<BR>Market-cap value: INR 6 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A<BR>Industry P/E: 18<BR>Dividend Yield: 0.00%<BR>Debt-Equity: -0.22<BR>Return on Equity: 12.55%<BR>Price-to-Book: -2.48<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

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.

Should I buy, sell or hold Promact Plastis Ltd?

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.

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.

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.

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.

Has Promact Impex declared dividend?

No Dividend History Available