Ecoplast Ltd
Incorporated in 1981, Ecoplast Ltd is in the business of manufacturing, processing and selling of Co-extruded Plastic Film for packaging and industrial applications[1]
- Market Cap ₹ 210 Cr.
- Current Price ₹ 442
- High / Low ₹ 578 / 370
- Stock P/E 17.4
- Book Value ₹ 346
- Dividend Yield 0.00 %
- ROCE 14.4 %
- ROE 10.6 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 119% CAGR over last 5 years
- Promoter holding has increased by 9.61% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 94 | 93 | 96 | 96 | 93 | 96 | 75 | 94 | 96 | 113 | 207 | 220 | 212 | |
| 88 | 87 | 90 | 89 | 86 | 89 | 72 | 93 | 90 | 100 | 185 | 202 | 192 | |
| Operating Profit | 6 | 6 | 6 | 6 | 6 | 7 | 3 | 1 | 6 | 13 | 21 | 18 | 20 |
| OPM % | 6% | 7% | 6% | 7% | 7% | 7% | 4.3% | 0.7% | 6% | 12% | 10% | 8% | 9% |
| 0 | 0 | 1 | 2 | 1 | 1 | 1 | 0 | 4 | 2 | 3 | 4 | 3 | |
| Interest | 2 | 1 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 2 | 2 | 5 | 6 | 5 |
| Profit before tax | 2 | 4 | 3 | 5 | 4 | 5 | 0 | -3 | 6 | 12 | 19 | 16 | 16 |
| Tax % | 34% | 37% | 29% | 37% | 14% | 32% | 30% | -32% | 28% | 24% | 27% | 25% | |
| 2 | 2 | 2 | 3 | 3 | 3 | 0 | -2 | 4 | 9 | 14 | 12 | 12 | |
| EPS in Rs | 5.03 | 7.77 | 7.70 | 9.90 | 11.30 | 11.30 | 0.80 | -5.87 | 14.83 | 31.57 | 39.86 | 34.68 | 32.27 |
| Dividend Payout % | 24% | 19% | 16% | 15% | 13% | 13% | 0% | 0% | 10% | 10% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 24% |
| 3 Years: | 32% |
| TTM: | 23% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 119% |
| 3 Years: | 60% |
| TTM: | 12% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 40% |
| 3 Years: | 44% |
| 1 Year: | -22% |
| Return on Equity | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 13% |
| 3 Years: | 16% |
| Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 17 | 19 | 21 | 24 | 26 | 29 | 29 | 26 | 30 | 39 | 104 | 116 |
| 13 | 10 | 14 | 10 | 9 | 13 | 9 | 14 | 1 | 1 | 2 | 2 | |
| 11 | 10 | 12 | 11 | 10 | 10 | 11 | 12 | 9 | 12 | 22 | 22 | |
| Total Liabilities | 44 | 43 | 50 | 48 | 48 | 54 | 51 | 55 | 44 | 55 | 131 | 143 |
| 11 | 10 | 13 | 12 | 12 | 18 | 17 | 16 | 15 | 16 | 35 | 46 | |
| CWIP | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 6 |
| Investments | 1 | 1 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 19 | 4 |
| 33 | 31 | 35 | 33 | 33 | 35 | 33 | 38 | 28 | 38 | 76 | 87 | |
| Total Assets | 44 | 43 | 50 | 48 | 48 | 54 | 51 | 55 | 44 | 55 | 131 | 143 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6 | 6 | 3 | 6 | 4 | 5 | 9 | -2 | 15 | 13 | 13 | -2 | |
| -1 | -1 | -4 | -0 | -0 | -7 | -1 | -2 | 1 | -4 | -29 | -6 | |
| -5 | -5 | 2 | -6 | -3 | 2 | -7 | 4 | -13 | -2 | 18 | -0 | |
| Net Cash Flow | -1 | -0 | 0 | 0 | -0 | -0 | 0 | 1 | 2 | 7 | 2 | -8 |
| Free Cash Flow | 4 | 5 | -2 | 5 | 1 | -3 | 7 | -4 | 15 | 9 | -1 | -24 |
| CFO/OP | 120% | 116% | 62% | 126% | 72% | 102% | 267% | -356% | 272% | 118% | 85% | 9% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 67 | 66 | 73 | 63 | 66 | 79 | 98 | 78 | 45 | 34 | 56 | 52 |
| Inventory Days | 45 | 45 | 52 | 59 | 65 | 59 | 70 | 67 | 56 | 64 | 63 | 65 |
| Days Payable | 42 | 43 | 48 | 44 | 43 | 43 | 58 | 39 | 34 | 44 | 48 | 40 |
| Cash Conversion Cycle | 69 | 68 | 77 | 78 | 88 | 95 | 110 | 106 | 68 | 54 | 71 | 77 |
| Working Capital Days | 33 | 35 | 34 | 40 | 53 | 61 | 88 | 46 | 58 | 48 | 65 | 66 |
| ROCE % | 12% | 16% | 14% | 17% | 14% | 14% | 3% | -3% | 13% | 33% | 26% | 14% |
Insights
In beta| Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Foreign Exchange Earnings (Exports) Rs. lacs |
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| Number of Permanent Employees count |
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| Installed Capacity - Blown Film MT |
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| Installed Capacity - Coating MT |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Advertisement regarding dispatch of Annual Report for the Financial Year 2025-26 including Notice of 44th Annual General Meeting.
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Reg. 34 (1) Annual Report.
- Ecoplast issued FY2025-26 annual report; AGM on September 7, 2026, with director remuneration revisions.
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Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
- Annual Report 2025-26 and 44th AGM notice dispatched; AGM on September 7, 2026.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Publication for the quarter ended 30th June 2026
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Unaudited Financial Results For The Quarter Ended 30.06.2026
- Board approved Q1 FY27 standalone and consolidated results; appointed Nirav H. Desai as GM Operations effective August 10, 2026.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
from bse
Business Overview:[1]
Company is a supplier of multilayer co-extruded polyethylene and co-polymer films to the flexible packaging industry and a variety of other speciality applications. Company has expertise in designing and manufacturing Surface Protective Films which protect products such steel, aluminum panels/ profiles, carpets, tiles, glass, and all kinds of substrates from dusts, scratches and other environmental impacts