Solve Plastic

Why is Solve Plastic Products Ltd falling/rising?

As of 01-Sep, the stock price of Solve Plastic Products Ltd is currently at 19.40, reflecting a 4.86% increase today. Despite a recent rise, the stock has declined 2.27% over the past month and 29.71% over the past year, with decreasing investor participation noted.

As of 01-Sep, the stock price of Solve Plastic Products Ltd is rising, currently at 19.40, reflecting an increase of 0.9 or 4.86%. This upward movement can be attributed to its strong performance relative to the benchmark, as it has outperformed the sector by 5.27% today. Additionally, the stock has shown a positive trend over the past week, with a return of +7.78%, while the Sensex has declined by -1.15% during the same period. <BR><BR>However, it is important to note that despite today's rise, the stock has experienced a decline of -2.27% over the past month and a significant drop of -29.71% over the past year. The current price is higher than the 5-day, 20-day, 50-day, and 100-day moving averages, indicating a short-term positive trend, although it remains below the 200-day moving average. <BR><BR>Investor participation has been falling, with a delivery volume of 1.2k on 26 August, which represents a decrease of -54.55% compared to the 5-day average delivery volume. Despite this decline in participation, the stock remains liquid enough for trading, based on its average traded value. Overall, the combination of today's performance and recent trends contributes to the stock's rising price.

Which are the latest news on Solve Plastic?

Who are the peers of the Solve Plastic?

Peers of Solve Plastic include Lexus Granito, Medistep Health, Pearl Polymers, and others. Medistep Health shows excellent management and growth, while Solve Plastic has below average ratings in these areas and a 1-year return of -32.97%.

Peers: The peers of Solve Plastic are Lexus Granito, Medistep Health., Pearl Polymers, SPP Polymer, SMVD Poly Pack, Ahimsa Industrie, Technopack Poly., NB Footwear, Olympic Cards, and Amin Tannery.<BR><BR>Quality Snapshot: Excellent management risk is observed at Medistep Health., while Below Average management risk is found at Lexus Granito, Pearl Polymers, SPP Polymer, SMVD Poly Pack, Ahimsa Industrie, Solve Plastic, Technopack Poly., Olympic Cards, and Amin Tannery. Growth is Excellent at Medistep Health., while Below Average growth is noted at Lexus Granito, Pearl Polymers, SPP Polymer, SMVD Poly Pack, Ahimsa Industrie, Solve Plastic, Technopack Poly., and Olympic Cards. Good capital structure is seen at Medistep Health. and Technopack Poly., while Below Average capital structure is present at Lexus Granito, Pearl Polymers, SPP Polymer, SMVD Poly Pack, Ahimsa Industrie, Solve Plastic, Olympic Cards, and Amin Tannery.<BR><BR>Return Snapshot: Medistep Health. has the highest 1-year return at -43.62%, while Lexus Granito has the lowest at -53.38%. Solve Plastic's 1-year return of -32.97% is better than both. Additionally, the six-month return is negative for Medistep Health., Pearl Polymers, SPP Polymer, and Olympic Cards.

How big is Solve Plastic?

As of 31st August, Solve Plastic Products Ltd has a market capitalization of 8.00 Cr, classifying it as a Micro Cap company. There is no available financial data for the latest quarterly performance, but as of March 2025, shareholder's funds are valued at 9.98 Cr, and total assets amount to 22.29 Cr.

As of 31st August, Solve Plastic Products Ltd has a market capitalization of 8.00 Cr, categorizing it as a Micro Cap company.<BR><BR>There is no valid financial data available for the latest quarterly performance, including Net Sales and Net Profit for the latest four quarters.<BR><BR>The reporting period for the balance sheet is March 2025. Shareholder's Funds are valued at 9.98 Cr, and Total Assets amount to 22.29 Cr.

What does Solve Plastic do?

Solve Plastic Products Ltd is a micro-cap company in the diversified consumer products industry, incorporated in 1994 and converted to a public company in 2024. It currently has no available sales or profit data, with a market cap of INR 8 Cr.

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 in March 2024. There is no recent sales or profit data available.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: INR 8 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 18.00<BR>Industry P/E: 33<BR>Dividend Yield: 0.00%<BR>Debt Equity: 0.80<BR>Return on Equity: 4.22%<BR>Price to Book: 0.75<BR><BR>Contact Details:<BR>Registrar Address: Not available.

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.

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.

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.

When is the next results date for Solve?

No Upcoming Board Meetings

Has Solve declared dividend?

No Dividend History Available