Swashthik Plascon Ltd
Incorporated in 2007, Swashthik Plascon Ltd manufactures PET preforms and PET bottles[1]
- Market Cap ₹ 162 Cr.
- Current Price ₹ 92.2
- High / Low ₹ 123 / 60.5
- Stock P/E 22.8
- Book Value ₹ 38.7
- Dividend Yield 0.00 %
- ROCE 15.4 %
- ROE 17.9 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 210 to 122 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.5.15 Cr.
* 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.
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|
| 46 | 126 | 132 | |
| 40 | 116 | 118 | |
| Operating Profit | 6 | 10 | 13 |
| OPM % | 13% | 8% | 10% |
| 0 | 9 | 5 | |
| Interest | 2 | 4 | 4 |
| Depreciation | 1 | 3 | 4 |
| Profit before tax | 3 | 11 | 10 |
| Tax % | 13% | 31% | |
| 3 | 8 | 7 | |
| EPS in Rs | 2.35 | 4.29 | 4.05 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 176% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 149% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -22% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|
| Equity Capital | 13 | 18 | 18 |
| Reserves | 8 | 46 | 50 |
| 59 | 54 | 71 | |
| 32 | 32 | 27 | |
| Total Liabilities | 111 | 149 | 165 |
| 27 | 42 | 45 | |
| CWIP | 0 | 0 | 0 |
| Investments | 1 | 1 | 1 |
| 82 | 107 | 120 | |
| Total Assets | 111 | 149 | 165 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| 4 | -10 | |
| -3 | -18 | |
| -1 | 28 | |
| Net Cash Flow | -0 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | |
|---|---|---|
| Debtor Days | 298 | 122 |
| Inventory Days | 436 | 215 |
| Days Payable | 212 | 91 |
| Cash Conversion Cycle | 523 | 245 |
| Working Capital Days | 379 | 203 |
| ROCE % | 15% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Dec
- Notice Of Extra-Ordinary General Meeting 10 Dec
-
Revised Outcome Of Board Meeting
9 Dec - Approval for preferential allotment of equity shares.
-
Board Meeting Outcome for Outcome Of Board Meeting
9 Dec - Approval for preferential allotment of 20,06,400 equity shares.
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Board Meeting Intimation for Issue Of Equity Shares On Preferential Basis.
3 Dec - Board meeting to discuss equity shares preferential allotment.
Business Overview:[1]
Company is a manufacturer and dealer of:
a) All kinds of plastic including PET, HDPE, LDPE, Granules, plastic polymers, Polystrene, PVC, Nylon synthetic rubber, packaging products, its recycling, plastic products, plastic raw materials, resins, goods and articles connected with plastic manufacturing industry
b) All kinds of plastic raw materials, products and its related machineries