Solve Plastic

Who are the top shareholders of the Solve?

The top shareholder of Solve is Sudheer Kumar Balakrishnan Nair, holding 40.9% of shares, with individual investors owning 34.92%. The highest public shareholder is Rajan Nair Gangadharan at 1.72%, and there are no pledged promoter holdings or institutional investors.

The top shareholders of Solve include the promoters, with Sudheer Kumar Balakrishnan Nair holding the largest share at 40.9%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. The highest public shareholder is Rajan Nair Gangadharan, who owns 1.72%. Additionally, individual investors collectively hold 34.92% of the company's shares.

What does Solve do?

Solve Plastic Products Ltd is a micro-cap company in the diversified consumer products industry, incorporated in 1994 and publicly listed as of March 2024, with no recent sales or profit data available. Its market cap is Rs 14 Cr, with a high debt-equity ratio of 2.83 and a negative return on equity of -109.16%.

Overview:<BR>Solve Plastic Products Ltd operates in the diversified consumer products industry and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was originally incorporated as Solve Plastic Products Private Limited in 1994. It later converted to a public limited company and changed its name to Solve Plastic Products Limited on March 05, 2024. There is no recent sales or profit data reported.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: Rs 14 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A<BR>Industry P/E: 41<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 2.83<BR>Return on Equity: -109.16%<BR>Price-to-Book: 3.12<BR><BR>Contact Details:<BR>Registrar Address: Not available.

When is the next results date for Solve?

No Upcoming Board Meetings

Has Solve declared dividend?

No Dividend History Available

Who are the peers of the Solve?

Peers of Solve include Kajaria Ceramics, Safari Inds., Cera Sanitary, V I P Inds., Borosil, Pokarna, Nitco, Olympic Cards, Ahimsa Industrie, and Sanco Industries. Key insights show varying management risks, growth rates, and capital structures, with Pokarna leading in 1-year returns at 86.66% and Olympic Cards at -18.11%.

Peers: Kajaria Ceramics, Safari Inds., Cera Sanitary., V I P Inds., Borosil, Pokarna, Nitco, Olympic Cards, Ahimsa Industrie, Sanco Industries.<BR><BR>Quality Snapshot: Excellent management risk is observed at Kajaria Ceramics, Safari Inds., and Cera Sanitary., while Average management risk is found at V I P Inds. and Pokarna. Below Average management risk is noted for Borosil, Nitco, Olympic Cards, Ahimsa Industrie, and Sanco Industries. Growth is rated as Excellent for Borosil, Good for Safari Inds., and Average for Pokarna, while Below Average growth is seen in Kajaria Ceramics, Cera Sanitary., V I P Inds., Nitco, Olympic Cards, Ahimsa Industrie, and Sanco Industries. Capital Structure is Excellent for Kajaria Ceramics, Safari Inds., Cera Sanitary., and Borosil, while Below Average is noted for V I P Inds., Pokarna, Nitco, Olympic Cards, Ahimsa Industrie, and Sanco Industries.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Pokarna at 86.66%, while the lowest is Olympic Cards at -18.11%. Solve's own 1-year return is 0.00%, which is lower than both the highest and lowest peers. Additionally, the six-month return is negative for V I P Inds., Borosil, Olympic Cards, and Ahimsa Industrie.

Is Solve overvalued or undervalued?

As of May 26, 2025, Solve's valuation has shifted to "risky" due to poor financial ratios, including a PE of -2.96 and an EV to EBITDA of -6.73, indicating it is overvalued compared to peers like Supreme Industries and Finolex Industries, and it has underperformed the Sensex with a year-to-date return of -28.19%.

As of 26 May 2025, the valuation grade for Solve has moved from does not qualify to risky, indicating a significant change in its perceived investment quality. The company appears to be overvalued based on its financial ratios, which include a PE ratio of -2.96, an EV to EBITDA of -6.73, and a ROE of -109.16%. These figures suggest that the company is struggling to generate profits and is facing substantial financial challenges.<BR><BR>In comparison to its peers, Solve's valuation metrics are starkly unfavorable. For instance, Supreme Industries Ltd. has a PE ratio of 57.34 and an EV to EBITDA of 37.87, while Finolex Industries Ltd. shows a PE of 28.37 and an EV to EBITDA of 24.37. This stark contrast highlights that Solve is not only underperforming but is also significantly overvalued relative to its industry peers. Additionally, the company's stock has underperformed the Sensex, with a year-to-date return of -28.19% compared to the Sensex's 6.23%, reinforcing the notion that Solve's current valuation does not align with its financial performance.

What is the technical trend for Solve?

As of June 4, 2025, the technical trend for Solve is mildly bullish, supported by the weekly MACD and On-Balance Volume, despite indecision indicated by the RSI and Bollinger Bands.

As of 4 June 2025, the technical trend for Solve has changed from sideways to mildly bullish. The weekly MACD indicates a mildly bullish stance, while the On-Balance Volume (OBV) also supports this with a mildly bullish reading. However, the RSI shows no signal and the Bollinger Bands are sideways on the weekly timeframe, indicating some indecision. The Dow Theory reflects no trend on both weekly and monthly timeframes. Overall, the current stance is mildly bullish, driven primarily by the MACD and OBV indicators.

How big is Solve Plastic?

As of 24th July, Solve Plastic Products Ltd has a market capitalization of 15.00 Cr, classifying it as a Micro Cap company. There is no valid financial data available for Net Sales or Net Profit for the latest four quarters.

As of 24th July, <BR><BR>Market Cap: Solve Plastic Products Ltd has a market capitalization of 15.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales or Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 4.39 Cr and Total Assets valued at 20.97 Cr.

How has been the historical performance of Solve Plastic?

Solve Plastic's historical performance has been declining, with net sales dropping from INR 60.77 crore in March 2023 to INR 41.46 crore in March 2025, resulting in negative operating profit and losses in profit before and after tax. Despite increasing total assets and liabilities, the company has faced significant financial challenges, including negative cash flow from operating activities.

Answer:<BR>The historical performance of Solve Plastic shows significant fluctuations in key financial metrics over the past four years.<BR><BR>Breakdown:<BR>Solve Plastic's net sales have declined from INR 60.77 crore in March 2023 to INR 41.46 crore in March 2025. The total operating income followed a similar trend, decreasing from INR 60.77 crore in March 2023 to INR 41.46 crore in March 2025. The raw material costs have also decreased from INR 44.89 crore in March 2023 to INR 29.23 crore in March 2025. However, total expenditure, excluding depreciation, rose from INR 58.81 crore in March 2023 to INR 45.41 crore in March 2025, leading to an operating profit (PBDIT) that turned negative, reaching -INR 3.57 crore in March 2025 compared to a profit of INR 3.44 crore in March 2023. Consequently, the profit before tax dropped to -INR 5.51 crore in March 2025, and the profit after tax also fell to -INR 4.79 crore. The earnings per share (EPS) reflected this downturn, showing a loss of -INR 10.96 in March 2025, down from a profit of INR 4.63 in March 2024. On the balance sheet, total liabilities increased to INR 22.29 crore in March 2025 from INR 17.03 crore in March 2022, while total assets rose to INR 22.29 crore in March 2025, indicating a growing financial base despite the losses. Cash flow from operating activities turned negative at -INR 3.00 crore in March 2025, contrasting with positive cash flows in previous years, although cash flow from financing activities provided a net inflow of INR 6.00 crore. Overall, Solve Plastic's financial performance has shown a concerning trend with declining revenues and profits, alongside increasing liabilities.

Which are the latest news on Solve Plastic?

Why is Solve Plastic Products Ltd falling/rising?

As of 03-Jun, the stock price of Solve Plastic Products Ltd is rising due to improved investor participation and sector outperformance, despite trading below its moving averages, suggesting potential long-term challenges.

As of 03-Jun, the stock price of Solve Plastic Products Ltd is rising, currently at 19.50, with a change of 0.1 (0.52%) upward. This increase can be attributed to a few key factors. Firstly, the stock has outperformed its sector by 0.63% today, indicating a relative strength compared to its peers. Additionally, there has been a notable rise in investor participation, with delivery volume increasing by 25% against the 5-day average, suggesting growing interest among investors.<BR><BR>However, it is important to note that despite the current rise, the stock is trading lower than its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This indicates that while there is a short-term upward movement, the overall trend may still be downward in the longer term.<BR><BR>In summary, the stock's rise today is supported by improved investor participation and sector outperformance, even as it continues to face challenges indicated by its moving averages.