MPL Plastics Ltd

MPL Plastics Ltd

₹ 16.6 1.03%
18 Apr - close price
About

Incorporated in 1992, MPL Plastics Ltd carries out the activity of job work/processing work of plastic and thermoware products

Key Points

Product Portfolio:[1]
a) Vacuum Flasks: Armor Flask, Elite, Carolina Flask, Imagination Flask, Kool Pack Mark II, ICY Tot
b) Casseroles: Crisp Dxl, Orion, Convoy, Buffet, Cozee Ultra, Casino Ultra, Orion Gift Set, Pot Jr. Gift Set, Pot Compact, Buffet Jr. Gift Set, Buffet Compact Gift Set, Casino Ultra Gift Set, Buffet 2 Pcs. Gift Set, CRISP JR. Gift Set, Convoy dlx
c) Tiffin: Vector, Mariner Junior, Brunch Maxx, Brunch With Handle, Food Fun, Sentinel, Sheriff, Senator, Meal Mate
d) Water Bottles: Slim Gym, Bulls Eye, Kool Aqua, Kool Tickler, Cosmo, Kool Rider, Kool Lancer, Kool Magnum
e) Water Jugs: Kool Twister, Kool Musafir, Kool Aquatic

  • Market Cap 20.8 Cr.
  • Current Price 16.6
  • High / Low 24.4 / 12.4
  • Stock P/E 13.0
  • Book Value -10.1
  • Dividend Yield 0.00 %
  • ROCE %
  • ROE %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -78.6% over past five years.
  • Promoter holding is low: 24.0%
  • Promoter holding has decreased over last 3 years: -9.22%

* 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

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.00
0.23 0.13 2.34 0.14 0.33 3.33 0.20 0.17 0.28 1.08 0.20 0.21 0.16
Operating Profit -0.23 -0.13 -2.34 -0.14 -0.33 -3.33 -0.20 -0.17 -0.28 -1.07 -0.20 -0.21 -0.16
OPM % -10,700.00%
0.09 0.07 0.01 0.95 78.86 103.63 0.37 0.01 0.51 1.81 0.00 0.00 0.43
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.01
Depreciation 0.01 0.12 0.03 0.02 0.03 0.03 0.03 0.02 0.03 0.03 0.03 0.01 0.00
Profit before tax -0.15 -0.18 -2.36 0.79 78.50 100.27 0.14 -0.18 0.20 0.70 -0.23 -0.22 0.26
Tax % 0.00% 0.00% 0.00% 10.13% 3.52% 10.97% 0.00% 0.00% 0.00% -465.71% 0.00% 0.00% 0.00%
-0.15 -0.18 -2.36 0.71 75.74 89.27 0.14 -0.18 0.20 3.96 -0.23 -0.22 0.26
EPS in Rs -0.12 -0.14 -1.89 0.57 60.60 71.42 0.11 -0.14 0.16 3.17 -0.18 -0.18 0.21
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
38.74 38.63 44.74 45.02 31.11 21.26 22.09 6.06 4.05 0.03 0.00 0.01 0.01
42.02 39.91 45.28 43.10 28.29 19.84 21.70 8.55 6.56 0.76 5.68 1.74 1.65
Operating Profit -3.28 -1.28 -0.54 1.92 2.82 1.42 0.39 -2.49 -2.51 -0.73 -5.68 -1.73 -1.64
OPM % -8.47% -3.31% -1.21% 4.26% 9.06% 6.68% 1.77% -41.09% -61.98% -2,433.33% -17,300.00% -16,400.00%
19.85 42.21 6.20 0.03 0.11 0.08 0.02 -0.42 0.40 0.28 182.99 2.70 2.24
Interest 10.98 0.35 0.26 0.26 0.40 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.02
Depreciation 0.39 0.31 0.34 0.56 0.36 0.31 0.24 0.23 0.21 0.22 0.11 0.10 0.07
Profit before tax 5.20 40.27 5.06 1.13 2.17 1.19 0.17 -3.14 -2.32 -0.67 177.20 0.86 0.51
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 7.81% -379.07%
5.21 40.26 5.06 1.13 2.17 1.19 0.17 -3.14 -2.32 -0.67 163.36 4.12 3.77
EPS in Rs 4.17 32.21 4.05 0.90 1.74 0.95 0.14 -2.51 -1.86 -0.54 130.70 3.30 3.02
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -56%
5 Years: -79%
3 Years: -86%
TTM: %
Compounded Profit Growth
10 Years: 11%
5 Years: 55%
3 Years: 39%
TTM: 145%
Stock Price CAGR
10 Years: 5%
5 Years: 20%
3 Years: 52%
1 Year: 14%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50 12.50
Reserves -235.66 -195.39 -190.33 -189.20 -187.02 -186.16 -185.97 -189.13 -191.54 -192.12 -28.76 -24.63 -25.08
269.13 215.47 214.94 184.42 182.47 182.47 182.47 182.47 182.47 182.47 1.17 1.49 1.15
22.51 22.62 11.73 8.85 8.35 7.51 8.24 4.97 3.94 3.97 19.43 14.89 15.06
Total Liabilities 68.48 55.20 48.84 16.57 16.30 16.32 17.24 10.81 7.37 6.82 4.34 4.25 3.63
4.41 4.58 4.36 4.02 3.76 3.46 3.21 2.51 2.18 1.90 1.80 0.91 0.88
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 1.45 1.45 1.45 1.45 1.45 1.30 0.99 0.88 0.90 0.93 0.93 0.96 0.96
62.62 49.17 43.03 11.10 11.09 11.56 13.04 7.42 4.29 3.99 1.61 2.38 1.79
Total Assets 68.48 55.20 48.84 16.57 16.30 16.32 17.24 10.81 7.37 6.82 4.34 4.25 3.63

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-0.84 12.55 -5.38 31.07 2.69 -0.28 -0.06 0.04 0.18 -0.25 181.53 -0.28
4.68 -0.49 6.06 -0.22 -0.09 -0.01 0.02 0.00 0.07 0.04 0.01 0.78
-4.56 -11.91 -0.81 -30.82 -2.36 0.02 0.02 0.02 0.02 0.03 -181.63 0.31
Net Cash Flow -0.72 0.15 -0.13 0.04 0.24 -0.27 -0.02 0.05 0.27 -0.18 -0.10 0.81

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 62.75 37.42 33.20 16.38 33.56 65.07 120.12 187.32 0.00 0.00 0.00
Inventory Days 84.94 79.90 79.83 51.01 62.42 79.91 69.52
Days Payable 72.84 72.84 72.07 56.00 81.92 130.16 808.21
Cash Conversion Cycle 74.85 44.48 40.97 11.38 14.05 14.82 120.12 -551.37 0.00 0.00 0.00
Working Capital Days -523.47 66.42 93.41 31.62 48.34 91.85 105.91 234.30 112.65 14,600.00 -494,210.00
ROCE % -8.46% -3.97% -2.47% 6.20% 32.80% 14.20% 1.91% -36.12% -48.76% -20.70%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
24.00% 24.00% 24.00% 24.00% 24.00% 24.01% 24.01% 24.01% 24.01% 24.01% 24.01% 24.01%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
75.98% 75.98% 75.98% 75.98% 75.98% 75.98% 75.99% 75.99% 75.99% 75.98% 75.98% 75.98%
No. of Shareholders 10,36610,64211,03711,92712,09712,05512,29712,26412,20512,20012,33912,665

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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