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 ₹ 100 Cr.
- Current Price ₹ 334
- High / Low ₹ 400 / 77.3
- Stock P/E 10.3
- Book Value ₹ 125
- Dividend Yield 0.45 %
- ROCE 12.7 %
- ROE 9.35 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 73.4 to 45.4 days.
- Company's working capital requirements have reduced from 88.7 days to 64.1 days
Cons
- Stock is trading at 2.67 times its book value
- The company has delivered a poor sales growth of -1.49% over past five years.
- Company has a low return on equity of 1.76% over last 3 years.
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
61 | 79 | 88 | 100 | 102 | 105 | 104 | 102 | 99 | 76 | 94 | 96 | 111 | |
55 | 73 | 82 | 94 | 95 | 98 | 97 | 95 | 92 | 72 | 94 | 91 | 98 | |
Operating Profit | 5 | 6 | 6 | 6 | 7 | 7 | 7 | 7 | 7 | 3 | 1 | 6 | 12 |
OPM % | 8% | 8% | 7% | 6% | 7% | 7% | 7% | 7% | 7% | 4% | 1% | 6% | 11% |
0 | -0 | 0 | 0 | 0 | 1 | 2 | 1 | 1 | 1 | 0 | 4 | 4 | |
Interest | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 0 |
Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 2 | 2 |
Profit before tax | 2 | 2 | 3 | 2 | 4 | 4 | 5 | 4 | 5 | 0 | -3 | 6 | 13 |
Tax % | 47% | 47% | 33% | 36% | 33% | 23% | 33% | 19% | 31% | 31% | 32% | 28% | |
1 | 1 | 2 | 1 | 3 | 3 | 4 | 3 | 4 | 0 | -2 | 4 | 10 | |
EPS in Rs | 5.17 | 4.00 | 5.63 | 4.70 | 9.13 | 9.87 | 11.70 | 9.63 | 11.77 | 0.67 | -5.90 | 14.83 | 32.50 |
Dividend Payout % | 23% | 30% | 21% | 26% | 16% | 12% | 13% | 16% | 13% | 0% | 0% | 10% |
Compounded Sales Growth | |
---|---|
10 Years: | 2% |
5 Years: | -1% |
3 Years: | -1% |
TTM: | 16% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | -4% |
3 Years: | -6% |
TTM: | 582% |
Stock Price CAGR | |
---|---|
10 Years: | 28% |
5 Years: | 26% |
3 Years: | 66% |
1 Year: | 318% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 5% |
3 Years: | 2% |
Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Reserves | 13 | 14 | 15 | 16 | 19 | 21 | 24 | 26 | 29 | 29 | 26 | 30 | 35 |
17 | 15 | 17 | 14 | 12 | 15 | 10 | 9 | 13 | 9 | 14 | 1 | 1 | |
7 | 12 | 14 | 12 | 12 | 13 | 12 | 10 | 10 | 11 | 12 | 9 | 8 | |
Total Liabilities | 40 | 44 | 49 | 46 | 45 | 52 | 49 | 48 | 54 | 51 | 55 | 44 | 47 |
17 | 15 | 15 | 14 | 14 | 16 | 15 | 14 | 18 | 17 | 16 | 15 | 16 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
23 | 28 | 33 | 31 | 31 | 36 | 34 | 34 | 36 | 34 | 39 | 29 | 31 | |
Total Assets | 40 | 44 | 49 | 46 | 45 | 52 | 49 | 48 | 54 | 51 | 55 | 44 | 47 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2 | 3 | 2 | 5 | 6 | 4 | 7 | 5 | 6 | 9 | -2 | 15 | |
-4 | -1 | -1 | -1 | -2 | -4 | -0 | -2 | -8 | -1 | -2 | 1 | |
2 | -4 | -1 | -5 | -5 | 1 | -6 | -3 | 2 | -7 | 4 | -13 | |
Net Cash Flow | 0 | -2 | 1 | -1 | 0 | 0 | 1 | -1 | -0 | 0 | 1 | 2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 67 | 70 | 73 | 66 | 63 | 71 | 61 | 61 | 77 | 97 | 78 | 45 |
Inventory Days | 64 | 65 | 64 | 48 | 51 | 57 | 60 | 61 | 58 | 70 | 68 | 56 |
Days Payable | 35 | 57 | 56 | 43 | 45 | 49 | 42 | 39 | 42 | 58 | 39 | 34 |
Cash Conversion Cycle | 97 | 78 | 81 | 71 | 68 | 79 | 78 | 83 | 92 | 109 | 106 | 67 |
Working Capital Days | 78 | 67 | 72 | 66 | 64 | 73 | 70 | 78 | 90 | 110 | 92 | 64 |
ROCE % | 14% | 16% | 14% | 13% | 17% | 16% | 18% | 13% | 14% | 3% | -3% | 13% |
Documents
Announcements
- Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 19 Apr
- Compliance Certificate Under Regulation 40(10) Of SEBI LODR For The Financial Year Ended 31.03.2024 15 Apr
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
3 Apr - Compliance certificate under Regulation 74(5) of SEBI (DP) Regulations 2018 for the quarter ended 31.03.2024
- Certificate Under Regulation 7(3) Of SEBI (LODR) Regulation 2015 For The Year Ended 31.03.2024 2 Apr
- Disclosure Under Regulation 30 Of SEBI (LODR) Regulations 2015- Order Under Section 270A Of The Income Tax Act 1961 22 Mar
Annual reports
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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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Financial Year 2010
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Financial Year 2009
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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