Swashthik Plascon Ltd
Incorporated in 2007, Swashthik Plascon Ltd manufactures PET preforms and PET bottles[1]
- Market Cap ₹ 96.1 Cr.
- Current Price ₹ 54.7
- High / Low ₹ 104 / 49.1
- Stock P/E 13.5
- 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
- Promoter holding has decreased over last quarter: -4.28%
- Promoter holding is low: 39.5%
- 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: | -22% |
| 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
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 10 Mar
-
Announcement Under Regulation 30- Inauguration Of The New Factory And Increase In Production Capacity Of Swashthik Group
10 Mar - Inauguration of new factory and increased production capacity.
-
Announcement Under Regulation 30 For Power Energisation For The New Factory.
27 Feb - Power energisation completed for new factory.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
7 Feb - Newspaper Advertisement for Postal Ballot Notice of Swashthik Plascon Limited for your reference.
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Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
6 Feb - Postal ballot notice for shareholder resolutions.
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