Swashthik Plas.

  • Market Cap: Micro Cap
  • Industry: Plastic Products - Industrial
  • ISIN: INE0RDR01012
  • NSEID:
  • BSEID: 544035
INR
21.00
0.00 (0.00%)
BSENSE

May 21

BSE+NSE Vol: 33600

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationUpcoming Result: Swashthik Plas. will declare its result soon on 23 May 2026
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

33.6 k (-39.66%) Volume

Shareholding (Mar 2026)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

44.46%

What does Swashthik do?

06-Jun-2025

Swashthik Plascon Ltd is a micro-cap company in the plastic products industry, formed in 2006 and converted to a private limited company in 2023. It has a market cap of Rs 84 Cr, with key metrics including a P/E ratio of 12.00 and a debt-equity ratio of 0.84.

Overview:<BR>Swashthik Plascon Ltd operates in the plastic products industry and is categorized as a micro-cap company.<BR><BR>History:<BR>The company was originally formed on June 30, 2006, as a partnership firm under the name "Swashthik Caps." It subsequently converted to a private limited company, adopting the name 'Swashthik Plascon Private Limited' on June 13, 2023. Revenue and profit data for the latest quarter are not available.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: N/A<BR>Market-cap value: Rs 84 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 12.00<BR>Industry P/E: 41<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.84<BR>Return on Equity: 10.88%<BR>Price-to-Book: 1.31<BR><BR>Contact Details:<BR>Registrar Address: Not available.

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Who are in the management team of Swashthik?

06-Jun-2025

As of March 2023, the management team of Swashthik includes Mahendrakumar Gautam (Managing Director), Parasmal Mahendra Kumar (Chairman), and several non-executive and independent directors, along with the Company Secretary, Madras Uthandavelu Ravi Kumar. They oversee the company's operations and strategic direction.

As of March 2023, the management team of Swashthik includes the following individuals:<BR><BR>1. Mahendrakumar Gautam - Managing Director<BR>2. Parasmal Mahendra Kumar - Chairman (Non-Executive)<BR>3. Parasmal Ravindra Kumar - Non-Executive Director<BR>4. Nirmala Mahendrakumar - Non-Executive Director<BR>5. Sujathaa Mehta - Non-Executive Director<BR>6. Sheetal Shah - Independent Director<BR>7. Mohanraj Perumal - Non-Executive Director<BR>8. Kavitha Gulacha - Independent Director<BR>9. Madras Uthandavelu Ravi Kumar - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

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Has Swashthik declared dividend?

06-Jun-2025

No Dividend History Available

What is the technical trend for Swashthik?

09-Jun-2025

As of May 29, 2025, Swashthik's technical trend has shifted to bearish, supported by a negative MACD, bearish moving averages, and a mildly bearish Dow Theory, indicating moderate bearish strength.

As of 29 May 2025, the technical trend for Swashthik has changed from mildly bearish to bearish. The weekly MACD is bearish, indicating a negative momentum. The daily moving averages also confirm a bearish stance. The weekly KST is bearish, further supporting the negative outlook. The Dow Theory shows a mildly bearish trend on the weekly chart, while the RSI shows no signal on both weekly and monthly time frames. Overall, the current technical stance is bearish with moderate strength, driven primarily by the bearish MACD and moving averages.

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Who are the peers of the Swashthik Plas.?

16-Jul-2025

Swashthik Plas.' peers include Guj. Toolroom, National Plastic, Rungta Irrigatn., G M Polyplast, Malpani Pipes, Dutron Polymers, and Sri KPR Inds. Management risk varies from excellent at Guj. Toolroom to below average at Swashthik Plas., with a 1-year return of -45.67%.

Peers: The peers of Swashthik Plas. are Guj. Toolroom, National Plastic, Rungta Irrigatn., G M Polyplast, Malpani Pipes, Dutron Polymers, Sri KPR Inds., and Natl. Plastic.<BR><BR>Quality Snapshot: Excellent management risk is observed at Guj. Toolroom and Dutron Polymers, while Good management risk is found at G M Polyplast. Average management risk is present at National Plastic, and Below Average management risk is noted at Rungta Irrigatn., Swashthik Plas., Malpani Pipes, Sri KPR Inds., and Natl. Plastic. Growth is Excellent at Guj. Toolroom, Swashthik Plas., Malpani Pipes, and the rest have either Average or Below Average growth. Capital Structure is Excellent at Guj. Toolroom and G M Polyplast, Average at Malpani Pipes and Dutron Polymers, and Below Average at National Plastic, Rungta Irrigatn., Swashthik Plas., Sri KPR Inds., and Natl. Plastic.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Sri KPR Inds. at 1.25%, while the lowest is G M Polyplast at -56.64%. Swashthik Plas. has a 1-year return of -45.67%, which is better than G M Polyplast but worse than Sri KPR Inds. Additionally, several peers, including G M Polyplast, Swashthik Plas., Rungta Irrigatn., and National Plastic, have negative six-month returns.

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Who are the top shareholders of the Swashthik Plas.?

17-Jul-2025

The top shareholders of Swashthik Plas are Nirmala M with 13.54%, Sujathaa Mehta with 8.06%, and individual investors who collectively own 51.1%. There are no institutional holdings from mutual funds or foreign investors.

The top shareholders of Swashthik Plas include Nirmala M, who holds the highest promoter stake at 13.54%. The highest public shareholder is Sujathaa Mehta, with an ownership of 8.06%. Additionally, individual investors collectively hold 51.1% of the company's shares. There are no institutional holdings from mutual funds or foreign institutional investors.

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How big is Swashthik Plas.?

24-Jul-2025

As of 22nd July, Swashthik Plascon Ltd has a market capitalization of 78.00 Cr, classifying it as a Micro Cap company. There is no valid financial data available for Net Sales and Net Profit for the latest 4 quarters.

As of 22nd July, <BR><BR>Market Cap: Swashthik Plascon Ltd has a market capitalization of 78.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales and Net Profit for the latest 4 quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 63.96 Cr and Total Assets totaling 149.03 Cr.

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Is Swashthik Plas. overvalued or undervalued?

31-Oct-2025

As of October 30, 2025, Swashthik Plastics is fairly valued with a PE ratio of 9.82 and an EV to EBITDA ratio of 7.57, significantly lower than its expensive peers, despite underperforming against the Sensex with a year-to-date return of -55.63%.

As of 30 October 2025, the valuation grade for Swashthik Plastics has moved from expensive to fair. This indicates a shift in perception regarding its market value, suggesting that the company is currently fairly valued. Key ratios include a PE ratio of 9.82, an EV to EBITDA ratio of 7.57, and a Price to Book Value of 0.80, all of which align with a more reasonable valuation compared to its peers.<BR><BR>In comparison to its industry peers, Swashthik Plastics stands out with a significantly lower PE ratio than Supreme Industries at 56.92 and Astral at 81.14, both of which are categorized as very expensive. Additionally, the company's EV to EBITDA ratio of 7.57 is more favorable than that of Finolex Industries, which is also rated fair but has a much higher EV to EBITDA of 27.23. Notably, Swashthik Plastics has underperformed against the Sensex, with a year-to-date return of -55.63% compared to the Sensex's gain of 8.02%, reinforcing the notion that it is currently fairly valued in a challenging market environment.

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How has been the historical performance of Swashthik Plas.?

15-Nov-2025

Swashthik Plas has experienced significant growth in net sales and profits over the past three years, with net sales rising from 45.62 Cr in Mar'23 to 143.60 Cr in Mar'25, and profit after tax increasing from 3.02 Cr to 6.96 Cr. However, the company faces rising raw material costs and challenges in cash flow management, with operating cash flow declining from 3.00 Cr to -19.00 Cr during the same period.

Answer:<BR>The historical performance of Swashthik Plas shows significant growth in net sales and profits over the past three years.<BR><BR>Breakdown:<BR>Swashthik Plas has demonstrated a strong upward trend in net sales, increasing from 45.62 Cr in Mar'23 to 126.27 Cr in Mar'24, and further to 143.60 Cr in Mar'25. The total operating income followed the same trajectory, reaching 143.60 Cr in Mar'25. However, the raw material costs also rose significantly, from 16.27 Cr in Mar'23 to 61.66 Cr in Mar'25. The operating profit (PBDIT) increased from 6.20 Cr in Mar'23 to 20.22 Cr in Mar'25, although the profit before tax peaked at 10.99 Cr in Mar'24 before declining to 9.19 Cr in Mar'25. The profit after tax also saw an increase from 3.02 Cr in Mar'23 to 6.96 Cr in Mar'25, despite a slight decrease from 7.53 Cr in Mar'24. The company's total assets grew from 110.60 Cr in Mar'23 to 199.88 Cr in Mar'25, while total liabilities increased from 110.60 Cr to 199.88 Cr in the same period. Cash flow from operating activities showed a negative trend, moving from a positive 3.00 Cr in Mar'23 to a negative 19.00 Cr in Mar'25, although financing activities provided a net cash inflow of 40.00 Cr in Mar'25. Overall, Swashthik Plas has shown growth in sales and profits, but also faces rising costs and challenges in cash flow management.

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When is the next results date for Swashthik Plascon Ltd?

14-May-2026

The next results date for Swashthik Plascon Ltd is 23 May 2026.

The next results date for Swashthik Plascon Ltd is scheduled for 23 May 2026.

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Why is Swashthik Plascon Ltd falling/rising?

21-May-2026

As of 20-May, Swashthik Plascon Ltd's stock price is at 21.00, unchanged from the previous session, with a year-to-date decline of 27.59% and a one-year drop of 54.50%. The stock has underperformed its sector and shows declining investor participation, contributing to ongoing uncertainty and a longer-term downward trend.

As of 20-May, Swashthik Plascon Ltd's stock price is currently at 21.00, with no change from the previous trading session. The stock has shown a significant decline over various periods, with a year-to-date drop of 27.59% and a one-year decrease of 54.50%. This underperformance is starkly contrasted with the Sensex, which has only fallen by 11.62% year-to-date.<BR><BR>In today's trading, the stock underperformed its sector by 0.47%, indicating a weaker performance relative to its peers. Additionally, the stock has experienced erratic trading, having not traded on one day out of the last 20 days. This inconsistency may contribute to investor uncertainty and a lack of confidence in the stock.<BR><BR>Furthermore, there has been a notable decline in investor participation, with delivery volume on 19 May falling by 51.39% compared to the five-day average. This drop in trading activity suggests that fewer investors are willing to buy or hold the stock, which can further drive down the price.<BR><BR>The stock's moving averages indicate a mixed performance; while it is higher than the five-day moving average, it remains lower than the 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a longer-term downward trend. Overall, these factors collectively contribute to the stock's decline.

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Which are the latest news on Swashthik Plas.?

21-May-2026

iScoreScore
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Strong Sell
Sell
Hold
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Strong Buy

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Unrated Stock - No Analysis Available
stock-summaryMojo Parameters

Mojo Parameters

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Stock DNA

stock-summary
Industry

Plastic Products - Industrial

stock-summary
Market cap

INR 41 Cr (Micro Cap)

stock-summary
P/E

6.00

stock-summary
Industry P/E

NA

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.94

stock-summary
Return on Equity

7.68%

stock-summary
Price to Book

0.45

Revenue and Profits:
Net Sales:
(Quarterly Results - )
Net Profit:
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-20.75%
0%
-20.75%
6 Months
-39.57%
0%
-39.57%
1 Year
-54.5%
0%
-54.5%
2 Years
-71.62%
0%
-71.62%
3 Years
0%
0%
0.0%
4 Years
0%
0%
0.0%
5 Years
0%
0%
0.0%

Swashthik Plas. for the last several years.

Risk Adjusted Returns v/s stock-summary
Returns Beta
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Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions

Announcements stock-summary

Board Meeting Intimation for Approval Of Audited Financial Results Of The Company For The Year Ended March 31 2026

13-May-2026 | Source : BSE

Swashthik Plascon Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/05/2026 inter alia to consider and approve The audited financial results of the Company for the year ended March 31 2026

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018

10-Apr-2026 | Source : BSE

Compliance certificate under Reg. 74(5) of SEBI (DP) Regulations 2018 for the Quarter ended 31st March 2026.

Disclosures under Reg. 10(7) of SEBI (SAST) Regulations 2011

09-Apr-2026 | Source : BSE

The Exchange has received the disclosure under Regulation 10(7) in respect of acquisition under Regulation 10(1)(a)(iii)of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations 2011 for Krupa Kumar

Corporate Actions stock-summary

stock-summary
BOARD MEETING

23 May 2026

stock-summary
DIVIDEND

No Dividend history available

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

No Bonus history available

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors

Quality key factors stock-summary

Factor
Value
Sales Growth (5y)
77.40%
EBIT Growth (5y)
73.90%
EBIT to Interest (avg)
2.31
Debt to EBITDA (avg)
4.28
Net Debt to Equity (avg)
0.94
Sales to Capital Employed (avg)
0.83
Tax Ratio
24.27%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
8.73%
ROE (avg)
8.17%

Valuation key factors

Factor
Value
P/E Ratio
6
Industry P/E
0
Price to Book Value
0.45
EV to EBIT
8.40
EV to EBITDA
6.30
EV to Capital Employed
0.72
EV to Sales
0.88
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
8.54%
ROE (Latest)
7.68%

Technicals key factors

Indicator
Weekly
Monthly
MACD
Mildly Bullish
RSI
No Signal
Bullish
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Dow Theory
No Trend
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2026stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Nirmala M (14.45%)

Highest Public shareholder

Sujathaa Mehta (3.65%)

Individual Investors Holdings

46.31%

stock-summaryFinancial
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    "btn_text": "All Quarterly Results",
    "alert": "No Quarterly Results declared by Swashthik Plas."
  },
  {
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    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'25",
    "rhs": [
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        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2025 is 5.90% vs 0.73% in Mar 2025",
        "dir": 1
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        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2025 is 120.00% vs -43.95% in Mar 2025",
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        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "11.96",
          "val2": "9.50",
          "chgp": "25.89%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "1.46",
          "val2": "4.03",
          "chgp": "-63.77%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "5.50",
          "val2": "2.50",
          "chgp": "120.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "15.67%",
          "val2": "13.18%",
          "chgp": "2.49%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "alert": "No Nine Monthly Results declared by Swashthik Plas."
  },
  {
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    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'25",
    "rhs": [
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        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2025 is 13.72% vs 176.79% in Mar 2024",
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        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2025 is -7.57% vs 149.34% in Mar 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'25",
        "Mar'24",
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      "body": [
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          "field": "Net Sales",
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          "val2": "126.27",
          "chgp": "13.72%",
          "chgp_class": "positive"
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          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "20.02",
          "val2": "9.56",
          "chgp": "109.41%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "6.04",
          "val2": "3.73",
          "chgp": "61.93%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "6.96",
          "val2": "7.53",
          "chgp": "-7.57%",
          "chgp_class": "negative"
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        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "13.94%",
          "val2": "7.57%",
          "chgp": "6.37%",
          "chgp_class": "positive"
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]

Half Yearly Results Snapshot (Consolidated) - Sep'25stock-summary

Sep'25
Mar'25
Change(%)
Net Sales
76.31
72.06
5.90%
Operating Profit (PBDIT) excl Other Income
11.96
9.50
25.89%
Interest
1.46
4.03
-63.77%
Exceptional Items
0.00
0.00
Consolidate Net Profit
5.50
2.50
120.00%
Operating Profit Margin (Excl OI)
15.67%
13.18%
2.49%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2025 is 5.90% vs 0.73% in Mar 2025

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2025 is 120.00% vs -43.95% in Mar 2025

Annual Results Snapshot (Consolidated) - Mar'25stock-summary

Mar'25
Mar'24
Change(%)
Net Sales
143.60
126.27
13.72%
Operating Profit (PBDIT) excl Other Income
20.02
9.56
109.41%
Interest
6.04
3.73
61.93%
Exceptional Items
0.00
0.00
Consolidate Net Profit
6.96
7.53
-7.57%
Operating Profit Margin (Excl OI)
13.94%
7.57%
6.37%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2025 is 13.72% vs 176.79% in Mar 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2025 is -7.57% vs 149.34% in Mar 2024

stock-summaryCompany CV
About Swashthik Plascon Ltd stock-summary
stock-summary
Swashthik Plascon Ltd
Micro Cap
Plastic Products - Industrial
Swashthik Plascon Limited was originally formed on June 30, 2006 as a Partnership Firm as "Swashthik Caps". Subsequently, Company converted into Private Limited as 'Swashthik Plascon Private Limited' dated June 13, 2023 vide Fresh Certificate of Incorporation issued by the Registrar of Companies, Pondicherry. Later on, status of the Company changed to Public and the name of the Company was changed to "Swashthik Plascon Limited dated July 17, 2023.
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