HCP Plastene Bulkpack Ltd

HCP Plastene Bulkpack Ltd

₹ 175 -2.51%
13 Jun - close price
About

Incorporated in 1984, HCL Plastene Bulkpack Ltd deals in FIBC Jumbo Bags, PP Woven Sack Bags, PP Woven Labels and related products[1]

Key Points

Business Overview:[1]
HPBL is a flagship of the Plastene Group of Companies. It is a plastic packaging manufacturer of FIBCs, small bags, AD star bags and multi-layer films

  • Market Cap 187 Cr.
  • Current Price 175
  • High / Low 205 / 88.8
  • Stock P/E 19.4
  • Book Value 55.8
  • Dividend Yield 0.00 %
  • ROCE 13.2 %
  • ROE 17.7 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter

Cons

  • Stock is trading at 3.13 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 7.50% over last 3 years.
  • Contingent liabilities of Rs.130 Cr.
  • Debtor days have increased from 56.4 to 70.9 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.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
79 111 94 69 77 59 79 80 77 105 117 119 122
75 106 90 66 74 58 74 75 71 98 110 111 109
Operating Profit 4 5 4 3 3 1 5 5 5 7 8 8 13
OPM % 5% 4% 4% 5% 4% 2% 6% 6% 7% 6% 6% 7% 11%
0 2 0 0 0 0 1 0 1 1 1 1 2
Interest 1 2 2 2 3 2 3 3 3 3 3 4 4
Depreciation 2 2 2 2 2 2 2 2 2 2 2 2 2
Profit before tax 1 3 0 -1 -2 -3 1 0 1 3 3 3 9
Tax % 36% 33% 56% -33% -37% -20% 14% 6% 17% 26% 26% 29% -16%
1 2 0 -1 -1 -2 1 0 1 2 2 2 11
EPS in Rs 0.17 0.37 -1.00 -0.23 -1.22 -1.41 0.21 -0.42 0.52 1.36 1.41 1.41 4.72
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
16 112 351 295 463
19 106 334 278 428
Operating Profit -3 6 18 17 35
OPM % -20% 5% 5% 6% 8%
53 1 1 3 5
Interest 1 4 10 12 15
Depreciation 5 5 7 7 7
Profit before tax 44 -3 1 0 18
Tax % -46% -22% 36% -55% 26%
64 -2 1 0 13
EPS in Rs 38.79 -2.86 -2.07 -1.11 9.02
Dividend Payout % -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 60%
TTM: 57%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 82%
TTM: 6320%
Stock Price CAGR
10 Years: 28%
5 Years: 116%
3 Years: -25%
1 Year: 4%
Return on Equity
10 Years: %
5 Years: %
3 Years: 8%
Last Year: 18%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 10 10 11 11 11
Reserves 16 15 39 39 49
38 109 123 158 190
8 39 27 25 26
Total Liabilities 72 174 200 233 276
27 79 84 77 73
CWIP -0 -0 1 4 0
Investments 0 0 1 1 1
45 94 115 152 203
Total Assets 72 174 200 233 276

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-16 -23 -20 -19 -18
-1 -57 -13 -5 -1
14 81 34 24 18
Net Cash Flow -3 0 1 -1 -1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 76 87 28 70 71
Inventory Days 225 115 38 65 61
Days Payable 245 94 9 7 -1
Cash Conversion Cycle 56 108 57 129 133
Working Capital Days 85 112 70 132 131
ROCE % 1% 6% 6% 13%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
89.00% 89.00% 89.00% 89.00% 89.00% 89.00% 76.39% 75.00% 75.00% 75.00% 75.00% 75.00%
0.17% 0.17% 0.17% 0.18% 0.18% 0.18% 0.18% 0.17% 0.20% 0.07% 0.07% 0.07%
4.80% 4.80% 4.80% 4.80% 4.80% 4.80% 4.80% 4.80% 4.80% 4.80% 4.80% 4.80%
6.04% 6.04% 6.04% 6.04% 6.03% 6.02% 18.63% 20.03% 20.01% 20.14% 20.13% 20.13%
No. of Shareholders 5,1355,0444,9544,8714,7674,7065,1995,0024,9975,0235,0815,282

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents