Why is Plastiblends India Ltd ?
1
Poor long term growth as Operating profit has grown by an annual rate -4.08% of over the last 5 years
2
Negative results in Sep 25
- OPERATING CF(Y) Lowest at Rs 8.86 Cr
- DPS(Y) Lowest at Rs 2.50
- DPR(Y) Lowest at 19.43%
3
Below par performance in long term as well as near term
- Along with generating -40.47% returns in the last 1 year, the stock has also underperformed BSE500 in the last 3 years, 1 year and 3 months
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Specialty Chemicals)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Plastiblends (I) for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Plastiblends (I)
-40.55%
-1.14
35.57%
Sensex
4.83%
0.41
11.83%
Quality key factors
Factor
Value
Sales Growth (5y)
7.88%
EBIT Growth (5y)
-4.08%
EBIT to Interest (avg)
22.45
Debt to EBITDA (avg)
0.32
Net Debt to Equity (avg)
-0.02
Sales to Capital Employed (avg)
1.80
Tax Ratio
25.68%
Dividend Payout Ratio
19.43%
Pledged Shares
0
Institutional Holding
0.24%
ROCE (avg)
10.75%
ROE (avg)
8.87%
Valuation Key Factors 
Factor
Value
P/E Ratio
13
Industry P/E
38
Price to Book Value
0.98
EV to EBIT
11.96
EV to EBITDA
8.31
EV to Capital Employed
0.98
EV to Sales
0.54
PEG Ratio
NA
Dividend Yield
1.52%
ROCE (Latest)
8.18%
ROE (Latest)
7.50%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
No Trend
No Trend
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
0What is working for the Company
NO KEY POSITIVE TRIGGERS
-9What is not working for the Company
OPERATING CF(Y)
Lowest at Rs 8.86 Cr
DPS(Y)
Lowest at Rs 2.50
DPR(Y)
Lowest at 19.43%
DEBTORS TURNOVER RATIO(HY)
Lowest at 0.66 times
PAT(Q)
At Rs 7.44 cr has Fallen at -5.6% (vs previous 4Q average
NON-OPERATING INCOME(Q)
is 35.06 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is not working for Plastiblends (I)
Operating Cash Flow - Annually
Lowest at Rs 8.86 Cr and Fallen
each year in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 7.44 cr has Fallen at -5.6% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 7.88 CrMOJO Watch
Near term PAT trend is negative
PAT (Rs Cr)
Non Operating Income - Quarterly
is 35.06 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT
Debtors Turnover Ratio- Half Yearly
Lowest at 0.66 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
Dividend per Share (DPS) - Annually
Lowest at Rs 2.50
in the last five yearsMOJO Watch
Company is distributing lower dividend than previous years
DPS (Rs)
Dividend Payout Ratio (DPR) - Annually
Lowest at 19.43%
in the last five yearsMOJO Watch
Company is distributing lower proportion of profits generated as dividend
DPR (%)
Non Operating Income - Quarterly
Highest at Rs 3.51 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income






