Machino Plastics Ltd
₹ 287
1.18%
10 Jun
3:40 p.m.
About
Incorporated in 1987, Machino Plastics
Ltd manufactures injection moulding
plastic components and moulds/dies[1]
Key Points
- Market Cap ₹ 176 Cr.
- Current Price ₹ 287
- High / Low ₹ 338 / 200
- Stock P/E 20.6
- Book Value ₹ 103
- Dividend Yield 0.00 %
- ROCE 11.8 %
- ROE 14.5 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 30.2% CAGR over last 5 years
Cons
- Stock is trading at 2.73 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 9.94% over past five years.
- Company has a low return on equity of 8.54% over last 3 years.
* 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.
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
166 | 196 | 205 | 259 | 306 | 303 | 242 | 210 | 265 | 331 | 338 | 389 | |
152 | 178 | 185 | 233 | 278 | 277 | 224 | 194 | 249 | 310 | 312 | 356 | |
Operating Profit | 14 | 18 | 20 | 26 | 28 | 26 | 18 | 16 | 16 | 21 | 26 | 33 |
OPM % | 8% | 9% | 10% | 10% | 9% | 8% | 8% | 8% | 6% | 6% | 8% | 8% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Interest | 5 | 5 | 2 | 4 | 7 | 7 | 8 | 7 | 6 | 6 | 7 | 12 |
Depreciation | 13 | 11 | 13 | 13 | 19 | 19 | 20 | 15 | 14 | 13 | 14 | 10 |
Profit before tax | -4 | 2 | 5 | 10 | 2 | 0 | -9 | -6 | -3 | 2 | 5 | 11 |
Tax % | -39% | -25% | 73% | 50% | -170% | -264% | -47% | -29% | -28% | 25% | 30% | 24% |
-2 | 2 | 1 | 5 | 5 | 0 | -5 | -4 | -2 | 2 | 4 | 9 | |
EPS in Rs | -3.93 | 3.78 | 2.27 | 7.76 | 7.82 | 0.67 | -7.37 | -6.68 | -4.04 | 2.61 | 6.01 | 13.95 |
Dividend Payout % | 0% | 26% | 44% | 26% | 13% | 150% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 10% |
3 Years: | 14% |
TTM: | 15% |
Compounded Profit Growth | |
---|---|
10 Years: | 14% |
5 Years: | 30% |
3 Years: | 76% |
TTM: | 133% |
Stock Price CAGR | |
---|---|
10 Years: | 18% |
5 Years: | 42% |
3 Years: | 41% |
1 Year: | 21% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | 3% |
3 Years: | 9% |
Last Year: | 15% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
Reserves | 50 | 51 | 48 | 52 | 55 | 55 | 50 | 46 | 43 | 45 | 48 | 57 |
52 | 45 | 35 | 112 | 102 | 114 | 94 | 102 | 94 | 88 | 88 | 180 | |
22 | 14 | 24 | 27 | 33 | 33 | 23 | 18 | 29 | 39 | 61 | 104 | |
Total Liabilities | 130 | 117 | 114 | 196 | 196 | 208 | 173 | 172 | 172 | 178 | 204 | 347 |
86 | 83 | 77 | 132 | 121 | 141 | 132 | 118 | 106 | 97 | 100 | 125 | |
CWIP | 14 | 7 | 5 | 6 | 6 | 5 | 0 | 0 | 0 | 0 | 0 | 69 |
Investments | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
29 | 26 | 30 | 57 | 67 | 61 | 40 | 53 | 65 | 79 | 103 | 151 | |
Total Assets | 130 | 117 | 114 | 196 | 196 | 208 | 173 | 172 | 172 | 178 | 204 | 347 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
19 | 17 | 22 | -8 | 34 | 29 | 28 | 0 | 19 | 17 | 21 | 26 | |
-12 | -1 | -8 | -64 | -8 | -39 | -1 | -1 | -2 | -4 | -17 | -106 | |
-8 | -12 | -15 | 72 | -19 | 5 | -32 | 1 | -14 | -13 | -6 | 80 | |
Net Cash Flow | -2 | 3 | -0 | 0 | 7 | -4 | -6 | 0 | 2 | 0 | -2 | 0 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 40 | 21 | 23 | 49 | 52 | 46 | 37 | 59 | 51 | 53 | 53 | 69 |
Inventory Days | 21 | 18 | 16 | 15 | 16 | 21 | 26 | 46 | 47 | 42 | 70 | 86 |
Days Payable | 22 | 2 | 7 | 6 | 13 | 18 | 15 | 14 | 35 | 48 | 85 | 86 |
Cash Conversion Cycle | 39 | 37 | 32 | 58 | 55 | 50 | 48 | 91 | 62 | 47 | 38 | 69 |
Working Capital Days | -2 | -8 | 2 | 39 | 19 | 15 | 8 | 62 | 47 | 41 | 45 | 45 |
ROCE % | 0% | 7% | 8% | 10% | 5% | 4% | -1% | 1% | 2% | 6% | 8% | 12% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Submission of Annual Secretarial Compliance Report for FY ended 31 March 2025.
-
Corrigendum Letter In Continuation To Outcome Letter Dated 23Rd May, 2025 Of Board Meeting Dated 23Rd May, 2025.
29 May - Corrigendum issued to include board meeting start and end times missed earlier.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
26 May - Copy of Newspaper Publication under Regulation 47 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015
-
Appointment Of M/S A K & ASSOCIATES As Secretarial Auditors
23 May - Appointment of new Company Secretary and Secretarial Auditor; resignation of previous Company Secretary.
-
Appointment of Company Secretary and Compliance Officer
23 May - Company Secretary replaced; new Secretarial Auditor appointed for 5 years, subject to shareholder approval.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview[1]
Machino Plastics Limited (MPL), established in 1986, is India's first and largest manufacturer of plastic bumpers and dashboards. The company offers turnkey solutions through an integrated approach encompassing design, tooling, manufacturing, and assembly of complex products