National Plastic Industries Ltd

National Plastic Industries Ltd

₹ 68.2 -0.61%
14 Jun 4:01 p.m.
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 62.3 Cr.
  • Current Price 68.2
  • High / Low 88.3 / 50.0
  • Stock P/E 38.4
  • Book Value 41.7
  • Dividend Yield 0.00 %
  • ROCE 9.86 %
  • ROE 4.36 %
  • Face Value 10.0

Pros

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 8.47% 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

Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
30.56 11.09 20.13 24.61 26.82 21.08 25.08 32.76 33.09 19.12 21.99 26.37 30.91
29.42 10.44 18.10 22.09 24.61 19.49 22.74 30.36 27.77 17.43 20.06 24.30 27.00
Operating Profit 1.14 0.65 2.03 2.52 2.21 1.59 2.34 2.40 5.32 1.69 1.93 2.07 3.91
OPM % 3.73% 5.86% 10.08% 10.24% 8.24% 7.54% 9.33% 7.33% 16.08% 8.84% 8.78% 7.85% 12.65%
1.20 0.02 0.02 0.03 0.25 0.02 0.02 0.02 0.28 0.02 0.02 0.02 0.66
Interest 0.81 0.60 0.67 0.70 0.81 0.63 0.99 0.86 0.69 0.60 0.52 0.41 0.51
Depreciation 0.61 0.64 0.64 0.67 0.67 0.65 0.62 0.66 0.66 0.65 0.66 0.70 0.65
Profit before tax 0.92 -0.57 0.74 1.18 0.98 0.33 0.75 0.90 4.25 0.46 0.77 0.98 3.41
Tax % -98.91% 0.00% 0.00% 0.00% -52.04% 0.00% 0.00% 0.00% 44.47% 0.00% 0.00% 0.00% 117.30%
1.83 -0.57 0.73 1.18 1.48 0.33 0.75 0.90 2.37 0.45 0.76 0.98 -0.58
EPS in Rs 2.00 -0.62 0.80 1.29 1.62 0.36 0.82 0.99 2.60 0.49 0.83 1.07 -0.64
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
60.67 75.96 83.53 97.22 94.35 103.58 111.60 114.19 76.45 82.64 112.00 98.38
57.59 67.90 76.15 87.13 86.93 95.12 103.36 108.36 70.26 75.22 100.32 88.78
Operating Profit 3.08 8.06 7.38 10.09 7.42 8.46 8.24 5.83 6.19 7.42 11.68 9.60
OPM % 5.08% 10.61% 8.84% 10.38% 7.86% 8.17% 7.38% 5.11% 8.10% 8.98% 10.43% 9.76%
-0.01 0.40 0.37 0.13 0.45 1.73 1.32 1.89 0.67 0.31 0.34 0.72
Interest 4.24 4.60 4.07 3.94 2.74 3.43 3.24 3.19 2.77 2.78 3.18 2.04
Depreciation 2.17 2.31 1.79 1.79 2.12 2.53 2.86 2.90 2.63 2.64 2.61 2.66
Profit before tax -3.34 1.55 1.89 4.49 3.01 4.23 3.46 1.63 1.46 2.31 6.23 5.62
Tax % 32.34% 37.42% 32.28% 55.90% 100.66% 23.17% 35.55% -29.45% -62.33% -22.08% 30.34% 71.17%
-2.26 0.97 1.28 1.98 -0.02 3.25 2.23 2.11 2.38 2.83 4.34 1.62
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
Dividend Payout % 0.00% 0.00% 71.33% 46.11% -4,565.00% 28.09% 40.94% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 3%
5 Years: -2%
3 Years: 9%
TTM: -12%
Compounded Profit Growth
10 Years: 5%
5 Years: -7%
3 Years: -19%
TTM: -63%
Stock Price CAGR
10 Years: 17%
5 Years: 19%
3 Years: 27%
1 Year: 22%
Return on Equity
10 Years: 8%
5 Years: 8%
3 Years: 8%
Last Year: 4%

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
Equity Capital 9.13 9.13 9.13 9.13 9.13 9.13 9.13 9.13 9.13 9.13 9.13 9.13
Reserves 13.33 14.34 13.88 14.76 13.37 16.68 17.60 18.28 20.70 22.77 27.16 28.91
30.48 33.75 35.88 34.99 39.14 41.33 44.41 41.19 47.20 47.18 40.04 41.02
19.52 18.35 15.09 18.31 22.48 18.26 25.56 26.28 17.02 15.04 18.01 20.31
Total Liabilities 72.46 75.57 73.98 77.19 84.12 85.40 96.70 94.88 94.05 94.12 94.34 99.37
25.25 24.74 23.44 26.19 32.59 33.31 34.97 33.19 34.68 32.52 30.22 30.67
CWIP 0.01 0.01 0.05 0.11 0.15 0.30 0.02 0.01 0.01 0.17 0.00 0.14
Investments 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.00 0.00 0.00
47.19 50.81 50.48 50.88 51.37 51.78 61.70 61.67 59.35 61.43 64.12 68.56
Total Assets 72.46 75.57 73.98 77.19 84.12 85.40 96.70 94.88 94.05 94.12 94.34 99.37

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
5.26 4.11 2.09 0.00 -8.12 5.57 6.08 7.48 10.02 2.93 10.39 16.63
-2.83 -1.82 -0.65 0.00 -3.34 -3.42 -4.86 -0.47 -4.08 -0.59 -1.10 -3.01
-2.31 -1.96 -1.61 0.00 9.23 -2.46 -1.00 -7.06 -3.80 -2.20 -9.35 -1.24
Net Cash Flow 0.12 0.33 -0.17 0.00 -2.23 -0.32 0.22 -0.06 2.14 0.13 -0.06 12.38

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 89.46 81.74 70.05 70.54 74.47 67.55 80.39 89.24 99.69 91.25 83.56 67.38
Inventory Days 174.67 153.54 146.22 130.50 131.89 121.05 132.13 101.72 193.85 207.29 134.51 159.48
Days Payable 109.46 95.98 58.45 79.71 70.21 49.56 58.41 56.48 64.59 39.61 36.46 39.25
Cash Conversion Cycle 154.67 139.29 157.82 121.34 136.15 139.04 154.12 134.49 228.95 258.93 181.60 187.61
Working Capital Days 117.38 116.43 122.18 101.97 102.83 115.16 118.79 117.18 156.60 202.73 153.37 139.69
ROCE % 1.77% 11.17% 10.37% 14.43% 9.54% 11.93% 9.91% 5.95% 6.76% 6.32% 12.06%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
56.65% 56.65% 56.65% 56.65% 56.65% 56.66% 56.66% 56.66% 56.66% 56.66% 56.66% 56.66%
43.34% 43.34% 43.34% 43.34% 43.34% 43.34% 43.33% 43.33% 43.33% 43.34% 43.34% 43.35%
No. of Shareholders 9,75710,43310,65810,46410,1949,9949,3489,2789,1189,0598,7299,826

Documents