National Plastic Industries Ltd

National Plastic Industries Ltd

₹ 63.0 0.37%
22 Nov - close price
About

Incorporated in 1952, National Plastic Ltd is a manufacturer of homeware products including furniture, housewares and Matts[1]

Key Points

Business Overview:[1][2]
Company is a manufacturer of house-ware products and exporter of plastic furniture. Company markets its products under the brand name NATIONAL and its products are available across 36 countries including America, Australia, etc. It also deals in PVC Flooring Mats which are under the brand name INSTA

  • Market Cap 57.5 Cr.
  • Current Price 63.0
  • High / Low 88.3 / 50.9
  • Stock P/E 34.6
  • Book Value 43.1
  • Dividend Yield 0.00 %
  • ROCE 10.4 %
  • ROE 4.76 %
  • Face Value 10.0

Pros

  • Company has reduced debt.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of -2.49% over past five years.
  • Company has a low return on equity of 8.62% over last 3 years.
  • Company might be capitalizing the interest cost

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Plastic products Industry: Plastics Products

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Quarterly Results

Figures in Rs. Crores

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
20.13 24.61 26.82 21.08 25.08 32.76 33.09 19.12 21.99 26.37 30.91 24.32 21.18
18.10 22.09 24.61 19.49 22.74 30.36 27.77 17.43 20.06 24.30 27.00 22.81 19.50
Operating Profit 2.03 2.52 2.21 1.59 2.34 2.40 5.32 1.69 1.93 2.07 3.91 1.51 1.68
OPM % 10.08% 10.24% 8.24% 7.54% 9.33% 7.33% 16.08% 8.84% 8.78% 7.85% 12.65% 6.21% 7.93%
0.02 0.03 0.25 0.02 0.02 0.02 0.28 0.02 0.02 0.02 0.66 0.02 0.02
Interest 0.67 0.70 0.81 0.63 0.99 0.86 0.69 0.60 0.52 0.41 0.51 0.32 0.42
Depreciation 0.64 0.67 0.67 0.65 0.62 0.66 0.66 0.65 0.66 0.70 0.65 0.60 0.62
Profit before tax 0.74 1.18 0.98 0.33 0.75 0.90 4.25 0.46 0.77 0.98 3.41 0.61 0.66
Tax % 0.00% 0.00% -52.04% 0.00% 0.00% 0.00% 44.47% 0.00% 0.00% 0.00% 117.30% 0.00% 0.00%
0.73 1.18 1.48 0.33 0.75 0.90 2.37 0.45 0.76 0.98 -0.58 0.61 0.65
EPS in Rs 0.80 1.29 1.62 0.36 0.82 0.99 2.60 0.49 0.83 1.07 -0.64 0.67 0.71
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
61 76 84 97 94 104 112 114 76 83 112 98 103
58 68 76 87 87 95 103 108 70 75 100 88 94
Operating Profit 3 8 7 10 7 8 8 6 6 7 12 10 9
OPM % 5% 11% 9% 10% 8% 8% 7% 5% 8% 9% 10% 10% 9%
-0 0 0 0 0 2 1 2 1 0 0 0 1
Interest 4 5 4 4 3 3 3 3 3 3 3 2 2
Depreciation 2 2 2 2 2 3 3 3 3 3 3 3 3
Profit before tax -3 2 2 4 3 4 3 2 1 2 6 6 6
Tax % -32% 37% 32% 56% 101% 23% 36% -29% -62% -22% 30% 71%
-2 1 1 2 -0 3 2 2 2 3 4 2 2
EPS in Rs -2.48 1.06 1.40 2.17 -0.02 3.56 2.44 2.31 2.61 3.10 4.75 1.77 1.81
Dividend Payout % 0% 0% 71% 46% -4,565% 28% 41% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 3%
5 Years: -2%
3 Years: 9%
TTM: -4%
Compounded Profit Growth
10 Years: 6%
5 Years: -5%
3 Years: -17%
TTM: -63%
Stock Price CAGR
10 Years: 11%
5 Years: 19%
3 Years: 20%
1 Year: 12%
Return on Equity
10 Years: 8%
5 Years: 8%
3 Years: 9%
Last Year: 5%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 9 9 9 9 9 9 9 9 9 9 9 9 9
Reserves 13 14 14 15 13 17 18 18 21 23 27 29 30
30 34 36 35 39 41 44 41 47 47 40 41 21
20 18 15 18 22 18 26 26 17 15 18 20 16
Total Liabilities 72 76 74 77 84 85 97 95 94 94 94 99 76
25 25 23 26 33 33 35 33 35 33 30 31 30
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
47 51 50 51 51 52 62 62 59 61 64 69 46
Total Assets 72 76 74 77 84 85 97 95 94 94 94 99 76

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
5 4 2 0 -8 6 6 7 10 3 10 17
-3 -2 -1 0 -3 -3 -5 -0 -4 -1 -1 -3
-2 -2 -2 0 9 -2 -1 -7 -4 -2 -9 -1
Net Cash Flow 0 0 -0 0 -2 -0 0 -0 2 0 -0 12

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 89 82 70 71 74 68 80 89 100 91 84 67
Inventory Days 175 154 146 130 132 121 132 102 194 207 135 159
Days Payable 109 96 58 80 70 50 58 56 65 40 36 39
Cash Conversion Cycle 155 139 158 121 136 139 154 134 229 259 182 188
Working Capital Days 117 116 122 102 103 115 119 117 157 203 153 140
ROCE % 2% 11% 10% 14% 10% 12% 10% 6% 7% 6% 12% 10%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
56.65% 56.65% 56.65% 56.66% 56.66% 56.66% 56.66% 56.66% 56.66% 56.66% 56.66% 56.66%
43.34% 43.34% 43.34% 43.34% 43.33% 43.33% 43.33% 43.34% 43.34% 43.35% 43.34% 43.34%
No. of Shareholders 10,65810,46410,1949,9949,3489,2789,1189,0598,7299,8269,7019,618

Documents