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 ₹ 196 Cr.
- Current Price ₹ 566
- High / Low ₹ 774 / 455
- Stock P/E 24.6
- Book Value ₹ 215
- Dividend Yield 0.53 %
- ROCE 20.2 %
- ROE 14.6 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 19.2% CAGR over last 5 years
Cons
- The company has delivered a poor sales growth of 5.12% over past five years.
- Working capital days have increased from 74.9 days to 114 days
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
88 | 100 | 102 | 105 | 104 | 102 | 99 | 76 | 94 | 96 | 113 | 127 | 131 | |
82 | 94 | 95 | 98 | 97 | 95 | 92 | 72 | 94 | 91 | 100 | 114 | 118 | |
Operating Profit | 6 | 6 | 7 | 7 | 7 | 7 | 7 | 3 | 1 | 6 | 13 | 12 | 12 |
OPM % | 7% | 6% | 7% | 7% | 7% | 7% | 7% | 4% | 1% | 6% | 11% | 10% | 9% |
0 | 0 | 0 | 1 | 2 | 1 | 1 | 1 | 0 | 4 | 2 | 3 | 3 | |
Interest | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 2 | 2 | 3 | 3 |
Profit before tax | 3 | 2 | 4 | 4 | 5 | 4 | 5 | 0 | -3 | 6 | 12 | 11 | 11 |
Tax % | 33% | 36% | 33% | 23% | 33% | 19% | 31% | 31% | -32% | 28% | 24% | 26% | |
2 | 1 | 3 | 3 | 4 | 3 | 4 | 0 | -2 | 4 | 9 | 8 | 8 | |
EPS in Rs | 5.63 | 4.70 | 9.13 | 9.87 | 11.70 | 9.63 | 11.77 | 0.67 | -5.90 | 14.83 | 30.57 | 24.49 | 24.71 |
Dividend Payout % | 21% | 26% | 16% | 12% | 13% | 16% | 13% | 0% | 0% | 10% | 10% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 2% |
5 Years: | 5% |
3 Years: | 10% |
TTM: | 10% |
Compounded Profit Growth | |
---|---|
10 Years: | 20% |
5 Years: | 19% |
3 Years: | 98% |
TTM: | -20% |
Stock Price CAGR | |
---|---|
10 Years: | 25% |
5 Years: | 44% |
3 Years: | 97% |
1 Year: | -3% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 10% |
3 Years: | 16% |
Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Reserves | 15 | 16 | 19 | 21 | 24 | 26 | 29 | 29 | 26 | 30 | 39 | 71 |
17 | 14 | 12 | 15 | 10 | 9 | 13 | 9 | 14 | 1 | 1 | 1 | |
14 | 12 | 12 | 13 | 12 | 10 | 10 | 11 | 12 | 9 | 12 | 13 | |
Total Liabilities | 49 | 46 | 45 | 52 | 49 | 48 | 54 | 51 | 55 | 44 | 55 | 87 |
15 | 14 | 14 | 16 | 15 | 14 | 18 | 17 | 16 | 15 | 16 | 25 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 1 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18 |
33 | 31 | 31 | 36 | 34 | 34 | 36 | 34 | 39 | 29 | 38 | 44 | |
Total Assets | 49 | 46 | 45 | 52 | 49 | 48 | 54 | 51 | 55 | 44 | 55 | 87 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2 | 5 | 6 | 4 | 7 | 5 | 6 | 9 | -2 | 15 | 13 | 5 | |
-1 | -1 | -2 | -4 | -0 | -2 | -8 | -1 | -2 | 1 | -3 | -28 | |
-1 | -5 | -5 | 1 | -6 | -3 | 2 | -7 | 4 | -14 | -2 | 23 | |
Net Cash Flow | 1 | -1 | 0 | 0 | 1 | -1 | -0 | 0 | 1 | 2 | 7 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 73 | 66 | 63 | 71 | 61 | 61 | 77 | 97 | 78 | 45 | 34 | 46 |
Inventory Days | 64 | 48 | 51 | 57 | 60 | 61 | 58 | 70 | 68 | 56 | 64 | 65 |
Days Payable | 56 | 43 | 45 | 49 | 42 | 39 | 42 | 58 | 39 | 34 | 44 | 42 |
Cash Conversion Cycle | 81 | 71 | 68 | 79 | 78 | 83 | 92 | 109 | 106 | 67 | 54 | 69 |
Working Capital Days | 21 | 33 | 36 | 39 | 44 | 52 | 61 | 91 | 49 | 61 | 50 | 114 |
ROCE % | 14% | 13% | 17% | 16% | 18% | 13% | 14% | 3% | -3% | 13% | 32% | 20% |
Documents
Announcements
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Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
13 Aug - Ecoplast's 43rd AGM held; financials approved, director re-appointed, independent director appointed.
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Intimation Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
13 Aug - Received SCN for alleged export obligation non-fulfillment of Rs 1.62 Cr; company claims compliance.
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Shareholder Meeting / Postal Ballot-Outcome of AGM
12 Aug - Ecoplast held 43rd AGM; approved FY25 financials, reappointed director, appointed independent director and auditors.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
9 Aug - Newspaper Advertisement for the unaudited financial results 30.06.2025
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Unaudited Financial Results 30.06.2025
8 Aug - Ecoplast reports Q1 FY2026 unaudited standalone and consolidated results with Rs. 3433 Cr revenue, Rs. 208 Cr profit.
Annual reports
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Financial Year 2025
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Financial Year 2024
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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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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