National Plastic Industries Ltd
Incorporated in 1952, National Plastic Ltd is a manufacturer of homeware products including furniture, housewares and Matts[1]
- Market Cap ₹ 43.0 Cr.
- Current Price ₹ 47.1
- High / Low ₹ 72.0 / 37.0
- Stock P/E 7.77
- Book Value ₹ 48.6
- Dividend Yield 0.00 %
- ROCE 9.43 %
- ROE 9.46 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.97 times its book value
- Debtor days have improved from 65.3 to 45.1 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -3.22% over past five years.
- Company has a low return on equity of 8.74% 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
Industrials Capital Goods Industrial Products Plastic Products - Industrial
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 75.96 | 83.53 | 97.22 | 94.35 | 103.58 | 111.60 | 114.19 | 76.45 | 82.64 | 112.00 | 98.38 | 96.95 | 99.99 | |
| 67.90 | 76.15 | 87.13 | 86.93 | 95.12 | 103.36 | 108.36 | 70.26 | 75.22 | 100.32 | 88.76 | 87.26 | 88.56 | |
| Operating Profit | 8.06 | 7.38 | 10.09 | 7.42 | 8.46 | 8.24 | 5.83 | 6.19 | 7.42 | 11.68 | 9.62 | 9.69 | 11.43 |
| OPM % | 10.61% | 8.84% | 10.38% | 7.86% | 8.17% | 7.38% | 5.11% | 8.10% | 8.98% | 10.43% | 9.78% | 9.99% | 11.43% |
| 0.40 | 0.37 | 0.13 | 0.45 | 1.73 | 1.32 | 1.89 | 0.67 | 0.31 | 0.34 | 0.72 | 0.57 | 0.62 | |
| Interest | 4.60 | 4.07 | 3.94 | 2.74 | 3.43 | 3.24 | 3.19 | 2.77 | 2.78 | 3.18 | 2.04 | 1.79 | 2.37 |
| Depreciation | 2.31 | 1.79 | 1.79 | 2.12 | 2.53 | 2.86 | 2.90 | 2.63 | 2.64 | 2.61 | 2.69 | 3.39 | 2.83 |
| Profit before tax | 1.55 | 1.89 | 4.49 | 3.01 | 4.23 | 3.46 | 1.63 | 1.46 | 2.31 | 6.23 | 5.61 | 5.08 | 6.85 |
| Tax % | 37.42% | 32.28% | 55.90% | 100.66% | 23.17% | 35.55% | -29.45% | -62.33% | -22.08% | 30.34% | 71.30% | 25.98% | |
| 0.97 | 1.28 | 1.98 | -0.02 | 3.25 | 2.23 | 2.11 | 2.38 | 2.83 | 4.34 | 1.62 | 3.75 | 5.54 | |
| EPS in Rs | 1.06 | 1.40 | 2.17 | -0.02 | 3.56 | 2.44 | 2.31 | 2.61 | 3.10 | 4.75 | 1.77 | 4.11 | 6.06 |
| Dividend Payout % | 0.00% | 71.33% | 46.11% | -4,565.00% | 28.09% | 40.94% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | -3% |
| 3 Years: | 5% |
| TTM: | -4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 21% |
| 3 Years: | 12% |
| TTM: | 158% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | 12% |
| 3 Years: | 4% |
| 1 Year: | -13% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 9% |
| 3 Years: | 9% |
| Last Year: | 9% |
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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 9.13 |
| Reserves | 14.34 | 13.88 | 14.76 | 13.37 | 16.68 | 17.60 | 18.28 | 20.70 | 22.77 | 27.16 | 28.91 | 32.74 | 35.21 |
| 33.75 | 35.88 | 34.99 | 39.14 | 41.33 | 44.41 | 41.19 | 47.20 | 47.18 | 40.04 | 41.14 | 25.73 | 27.65 | |
| 18.35 | 15.09 | 18.31 | 22.48 | 18.26 | 25.56 | 26.28 | 17.02 | 15.04 | 18.01 | 20.19 | 14.54 | 14.54 | |
| Total Liabilities | 75.57 | 73.98 | 77.19 | 84.12 | 85.40 | 96.70 | 94.88 | 94.05 | 94.12 | 94.34 | 99.37 | 82.14 | 86.53 |
| 24.74 | 23.44 | 26.19 | 32.59 | 33.31 | 34.97 | 33.19 | 34.68 | 32.52 | 30.22 | 30.67 | 31.27 | 32.77 | |
| CWIP | 0.01 | 0.05 | 0.11 | 0.15 | 0.30 | 0.02 | 0.01 | 0.01 | 0.17 | 0.00 | 0.14 | 1.08 | 0.00 |
| Investments | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 50.81 | 50.48 | 50.88 | 51.37 | 51.78 | 61.70 | 61.67 | 59.35 | 61.43 | 64.12 | 68.56 | 49.79 | 53.76 | |
| Total Assets | 75.57 | 73.98 | 77.19 | 84.12 | 85.40 | 96.70 | 94.88 | 94.05 | 94.12 | 94.34 | 99.37 | 82.14 | 86.53 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4.11 | 2.09 | 0.00 | -8.12 | 5.57 | 6.08 | 7.48 | 10.02 | 2.93 | 10.39 | 16.63 | 10.22 | |
| -1.82 | -0.65 | 0.00 | -3.34 | -3.42 | -4.86 | -0.47 | -4.08 | -0.59 | -1.10 | -3.01 | -4.33 | |
| -1.96 | -1.61 | 0.00 | 9.23 | -2.46 | -1.00 | -7.06 | -3.80 | -2.20 | -9.35 | -1.24 | -18.16 | |
| Net Cash Flow | 0.33 | -0.17 | 0.00 | -2.23 | -0.32 | 0.22 | -0.06 | 2.14 | 0.13 | -0.06 | 12.38 | -12.27 |
| Free Cash Flow | 2.22 | 0.57 | 0.00 | -8.26 | 2.10 | 1.05 | 6.51 | 5.14 | 0.63 | 9.17 | 13.59 | 5.87 |
| CFO/OP | 51% | 28% | 0% | -97% | 66% | 74% | 128% | 162% | 39% | 89% | 173% | 105% |
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 | 81.74 | 70.05 | 70.54 | 74.47 | 67.55 | 80.39 | 89.24 | 99.69 | 91.25 | 83.56 | 67.38 | 45.06 |
| Inventory Days | 153.54 | 146.22 | 130.50 | 131.89 | 121.05 | 132.13 | 101.72 | 193.85 | 207.29 | 134.51 | 159.48 | 148.30 |
| Days Payable | 95.98 | 58.45 | 79.71 | 70.21 | 49.56 | 58.41 | 56.48 | 64.59 | 39.61 | 36.46 | 39.19 | 17.17 |
| Cash Conversion Cycle | 139.29 | 157.82 | 121.34 | 136.15 | 139.04 | 154.12 | 134.49 | 228.95 | 258.93 | 181.60 | 187.67 | 176.19 |
| Working Capital Days | 34.60 | 17.96 | 14.94 | 10.72 | 20.09 | 29.99 | 29.02 | 37.62 | 70.71 | 73.42 | 36.69 | 69.24 |
| ROCE % | 11.17% | 10.37% | 14.43% | 9.54% | 11.93% | 9.91% | 5.95% | 6.76% | 6.32% | 12.06% | 9.84% | 9.43% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Permanent Employees Count |
|
||||||||||
| Total Electricity Purchased Units (kWh) |
|||||||||||
| Average Selling Price Rs/Kg |
|||||||||||
| Debtors Collection Period Days |
|||||||||||
| Electricity Consumption per Unit of Production (Composite) kWh/Kg |
|||||||||||
Extracted by Screener AI
Documents
Announcements
-
Second Reminder To Shareholders With Regards To 100 Days Of Saksham Niveshak
1d - Saksham Niveshak campaign runs from 1 April 2026 to 9 July 2026 for KYC and unpaid dividends.
-
Report On Re-Lodgment Of Share Transfer Request Of Physical Shares During The Special Window - March 2026
2d - March 2026 re-lodgment report under SEBI special window: zero requests received, processed, approved, or rejected.
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 13 Apr
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 13 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Compliance certificate under Reg74(5) of SEBI ( dp) regulations for march 31,2026
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
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