Swashthik Plascon Ltd
Incorporated in 2007, Swashthik Plascon Ltd manufactures PET preforms and PET bottles[1]
- Market Cap ₹ 148 Cr.
- Current Price ₹ 84.2
- High / Low ₹ 108 / 60.5
- Stock P/E 20.8
- Book Value ₹ 38.7
- Dividend Yield 0.00 %
- ROCE 15.4 %
- ROE 17.9 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 210 to 122 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.5.15 Cr.
* 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
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|
| 46 | 126 | 132 | |
| 40 | 116 | 118 | |
| Operating Profit | 6 | 10 | 13 |
| OPM % | 13% | 8% | 10% |
| 0 | 9 | 5 | |
| Interest | 2 | 4 | 4 |
| Depreciation | 1 | 3 | 4 |
| Profit before tax | 3 | 11 | 10 |
| Tax % | 13% | 31% | |
| 3 | 8 | 7 | |
| EPS in Rs | 2.35 | 4.29 | 4.05 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 176% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 149% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -20% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|
| Equity Capital | 13 | 18 | 18 |
| Reserves | 8 | 46 | 50 |
| 59 | 54 | 71 | |
| 32 | 32 | 27 | |
| Total Liabilities | 111 | 149 | 165 |
| 27 | 42 | 45 | |
| CWIP | 0 | 0 | 0 |
| Investments | 1 | 1 | 1 |
| 82 | 107 | 120 | |
| Total Assets | 111 | 149 | 165 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| 4 | -10 | |
| -3 | -18 | |
| -1 | 28 | |
| Net Cash Flow | -0 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| Debtor Days | 298 | 122 |
| Inventory Days | 436 | 215 |
| Days Payable | 212 | 91 |
| Cash Conversion Cycle | 523 | 245 |
| Working Capital Days | 379 | 203 |
| ROCE % | 15% |
Documents
Announcements
-
Announcement Under Reg 30 For Construction Of New Building For Set Up Of Plant And Installation Of New Machineries
23h - Expansion of production capacity for PET Bottles.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
1d - Find Attached Compliance Certificate under Regulation 74(5) of SEBI(DP) Regulations, 2018.
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Announcement Under Regulation 30 (LODR)- Updates (In- Principle Approval Under Regulation 28(1) Of The SEBI (Listing Obligation And Disclosure Requirements), Regulations 2015.
7 Jan - Company received approval for preferential allotment of shares.
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Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
4 Jan - Declaration of voting results from EGM held on January 2, 2025.
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Shareholder Meeting / Postal Ballot-Outcome of EGM
2 Jan - Proceedings of Extra Ordinary General Meeting held on January 2, 2025.
Business Overview:[1]
Company is a manufacturer and dealer of:
a) All kinds of plastic including PET, HDPE, LDPE, Granules, plastic polymers, Polystrene, PVC, Nylon synthetic rubber, packaging products, its recycling, plastic products, plastic raw materials, resins, goods and articles connected with plastic manufacturing industry
b) All kinds of plastic raw materials, products and its related machineries