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 ₹ 212 Cr.
- Current Price ₹ 445
- High / Low ₹ 773 / 370
- Stock P/E 17.6
- 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 127% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 100 | 102 | 105 | 104 | 102 | 99 | 76 | 94 | 96 | 113 | 208 | 221 | |
| 94 | 95 | 98 | 97 | 95 | 92 | 72 | 94 | 91 | 100 | 186 | 203 | |
| Operating Profit | 6 | 7 | 7 | 7 | 7 | 7 | 3 | 1 | 6 | 13 | 21 | 18 |
| OPM % | 6% | 7% | 7% | 7% | 7% | 7% | 4% | 1% | 6% | 11% | 10% | 8% |
| 0 | 0 | 1 | 2 | 1 | 1 | 1 | 0 | 4 | 2 | 4 | 4 | |
| Interest | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 0 | 1 | 1 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 2 | 2 | 5 | 6 |
| Profit before tax | 2 | 4 | 4 | 5 | 4 | 5 | 0 | -3 | 6 | 12 | 19 | 16 |
| Tax % | 36% | 33% | 23% | 33% | 19% | 31% | 31% | -32% | 28% | 24% | 27% | 25% |
| 1 | 3 | 3 | 4 | 3 | 4 | 0 | -2 | 4 | 9 | 14 | 12 | |
| EPS in Rs | 4.70 | 9.13 | 9.87 | 11.70 | 9.63 | 11.77 | 0.67 | -5.90 | 14.83 | 30.57 | 41.02 | 34.77 |
| Dividend Payout % | 26% | 16% | 12% | 13% | 16% | 13% | 0% | 0% | 10% | 10% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 24% |
| 3 Years: | 32% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 127% |
| 3 Years: | 61% |
| TTM: | -15% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 42% |
| 3 Years: | 43% |
| 1 Year: | -20% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 13% |
| 3 Years: | 16% |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 16 | 19 | 21 | 24 | 26 | 29 | 29 | 26 | 30 | 39 | 104 | 116 |
| 14 | 12 | 15 | 10 | 9 | 13 | 9 | 14 | 1 | 1 | 2 | 2 | |
| 12 | 12 | 13 | 12 | 10 | 10 | 11 | 12 | 9 | 12 | 22 | 22 | |
| Total Liabilities | 46 | 45 | 52 | 49 | 48 | 54 | 51 | 55 | 44 | 55 | 131 | 143 |
| 14 | 14 | 16 | 15 | 14 | 18 | 17 | 16 | 15 | 16 | 35 | 46 | |
| CWIP | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 6 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18 | 3 |
| 31 | 31 | 36 | 34 | 34 | 36 | 34 | 39 | 29 | 38 | 77 | 88 | |
| Total Assets | 46 | 45 | 52 | 49 | 48 | 54 | 51 | 55 | 44 | 55 | 131 | 143 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5 | 6 | 4 | 7 | 5 | 6 | 9 | -2 | 15 | 13 | 13 | -2 | |
| -1 | -2 | -4 | -0 | -2 | -8 | -1 | -2 | 1 | -3 | -28 | -6 | |
| -5 | -5 | 1 | -6 | -3 | 2 | -7 | 4 | -14 | -2 | 18 | -0 | |
| Net Cash Flow | -1 | 0 | 0 | 1 | -1 | -0 | 0 | 1 | 2 | 7 | 3 | -8 |
| Free Cash Flow | 4 | 5 | -1 | 6 | 2 | -2 | 7 | -4 | 15 | 9 | 0 | -24 |
| CFO/OP | 105% | 107% | 62% | 127% | 89% | 109% | 264% | -359% | 278% | 119% | 84% | 9% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 66 | 63 | 71 | 61 | 61 | 77 | 97 | 78 | 45 | 34 | 56 | 52 |
| Inventory Days | 48 | 51 | 57 | 60 | 61 | 58 | 70 | 68 | 56 | 64 | 63 | 65 |
| Days Payable | 43 | 45 | 49 | 42 | 39 | 42 | 58 | 39 | 34 | 44 | 48 | 40 |
| Cash Conversion Cycle | 71 | 68 | 79 | 78 | 83 | 92 | 109 | 106 | 67 | 54 | 70 | 77 |
| Working Capital Days | 33 | 36 | 39 | 44 | 52 | 61 | 91 | 49 | 61 | 50 | 96 | 71 |
| ROCE % | 13% | 17% | 16% | 18% | 13% | 14% | 3% | -3% | 13% | 32% | 27% | 14% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Permanent Employees Numbers ・Standalone data |
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| Installed Blown Film Capacity MTPA ・Standalone data |
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| Installed Coating Facility Capacity MTPA ・Standalone data |
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| Export Sales Volume MT ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Newspaper Advertisement for Transfer of shares into Investor Education and Protection fund Authority.
-
Closure of Trading Window
17 Jun - Trading window closed from 1 July 2026 until 48 hours after Q1 FY2027 results board meeting.
- Disclosures under Reg. 10(6) of SEBI (SAST) Regulations, 2011 15 Jun
-
Announcement under Regulation 30 (LODR)-Allotment
15 Jun - Ecoplast allotted 13,00,000 shares on June 15, 2026 under Kunal Plastics amalgamation scheme.
-
Announcement under Regulation 30 (LODR)-Credit Rating
9 Jun - CRISIL upgraded Ecoplast's long-term rating to BBB/stable and short-term to A3+.
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