All Time Plastics Ltd
Incorporated in 1971, All Time Plastics
Ltd manufactures and exports plastic
houseware products[1]
- Market Cap ₹ 1,322 Cr.
- Current Price ₹ 202
- High / Low ₹ 335 / 185
- Stock P/E 33.8
- Book Value ₹ 90.8
- Dividend Yield 0.00 %
- ROCE 19.2 %
- ROE 21.0 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 25.0% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 42.1 to 56.6 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
Consumer Discretionary Consumer Durables Consumer Durables Houseware
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 247 | 289 | 280 | 401 | 443 | 513 | 558 | 613 | |
| 218 | 247 | 228 | 342 | 370 | 416 | 457 | 520 | |
| Operating Profit | 29 | 42 | 52 | 59 | 73 | 97 | 101 | 93 |
| OPM % | 12% | 14% | 19% | 15% | 17% | 19% | 18% | 15% |
| 8 | 0 | 2 | 3 | 0 | 3 | 1 | 1 | |
| Interest | 9 | 11 | 11 | 12 | 16 | 18 | 15 | 17 |
| Depreciation | 6 | 10 | 13 | 16 | 20 | 22 | 24 | 28 |
| Profit before tax | 22 | 22 | 30 | 33 | 38 | 60 | 64 | 49 |
| Tax % | 32% | 28% | 21% | 26% | 25% | 26% | 26% | |
| 15 | 16 | 24 | 25 | 28 | 45 | 47 | 36 | |
| EPS in Rs | 148.90 | 155.20 | 230.38 | 233.62 | 269.24 | 426.57 | 9.01 | 6.20 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | 12% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 24% |
| TTM: | 6% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | 22% |
| Last Year: | 21% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 1 | 1 | 1 | 10 | 13 |
| Reserves | 50 | 76 | 104 | 129 | 157 | 201 | 238 | 582 |
| 104 | 113 | 126 | 164 | 179 | 147 | 223 | 133 | |
| 41 | 42 | 72 | 62 | 63 | 66 | 91 | 96 | |
| Total Liabilities | 196 | 232 | 303 | 356 | 400 | 415 | 562 | 823 |
| 96 | 139 | 167 | 196 | 232 | 234 | 338 | 367 | |
| CWIP | 8 | 3 | 10 | 23 | 5 | 34 | 22 | 39 |
| Investments | -0 | -0 | -0 | 0 | 0 | 0 | 0 | 0 |
| 92 | 89 | 125 | 137 | 163 | 148 | 202 | 417 | |
| Total Assets | 196 | 232 | 303 | 356 | 400 | 415 | 562 | 823 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 34 | 4 | 43 | 27 | 67 | 91 | 52 | |
| -33 | -22 | -37 | -57 | -46 | -46 | -113 | |
| -1 | 25 | -1 | 23 | -10 | -50 | 59 | |
| Net Cash Flow | 1 | 6 | 5 | -7 | 10 | -5 | -2 |
| Free Cash Flow | 2 | -18 | 6 | -29 | 22 | 45 | -62 |
| CFO/OP | 135% | 19% | 94% | 57% | 99% | 105% | 68% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 45 | 28 | 37 | 43 | 35 | 34 | 57 |
| Inventory Days | 127 | 80 | 122 | 78 | 83 | 62 | 80 |
| Days Payable | 86 | 35 | 76 | 35 | 46 | 36 | 41 |
| Cash Conversion Cycle | 86 | 73 | 83 | 86 | 71 | 60 | 96 |
| Working Capital Days | -5 | -4 | -14 | 3 | 5 | 9 | -3 |
| ROCE % | 19% | 17% | 17% | 23% | 19% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Mar 2027 (P) | |
|---|---|---|---|---|---|
| Customer Concentration (Major Customer - IKEA) % |
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| Installed Capacity MT |
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| Net Current Assets (GCA Days) Days |
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| Capacity Utilization % |
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| Volume of Polymers Processed MT |
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| Geographical Revenue Mix - Export % |
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Documents
Announcements
- Closure of Trading Window 24 Mar
-
Impact On Operations Due To Geopolitical Developments In West Asia
20 Mar - 20 Mar 2026: West Asia conflict causes raw-material delays, higher freight, deferred orders and margin pressure; company expects easing.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
19 Mar - Group analyst/institutional investor meeting on March 24, 2026 in Mumbai; no UPSI to be discussed.
-
Announcement under Regulation 30 (LODR)-Credit Rating
16 Mar - Crisil upgraded All Time Plastics' Rs.265 crore bank facilities to A/Stable from A-/Positive on March 16, 2026.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 7 Mar
Concalls
-
Feb 2026Transcript PPT
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Nov 2025Transcript PPT
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Sep 2025Transcript PPT REC
Business Overview:[1]
ATPL specializes in production of plastic consumerware designed for everyday household use. It primarily operates on a B2B model, manufacturing consumerware for clients who market products under their own brands (white-label manufacturing). In addition to B2B operations, the company also engages in B2C sales through its brand, All Time Branded Products.