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PLASTIBLEN
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Recent events
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News
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Corporate Actions
Plastiblends India Dec-Quarter Net Profit 67.1 Mln Rupees
Jan 16 (Reuters) - Plastiblends India Ltd PLST.NS:
DEC-QUARTER NET PROFIT 67.1 MILLION RUPEES
DEC-QUARTER REVENUE FROM OPERATIONS 1.84 BILLION RUPEES
APPROVED EXPANSION OF ENGINEERING PLASTIC DIVISION AT PALSANA
Source text: [ID:]
Further company coverage: PLST.NS
(([email protected];;))
Jan 16 (Reuters) - Plastiblends India Ltd PLST.NS:
DEC-QUARTER NET PROFIT 67.1 MILLION RUPEES
DEC-QUARTER REVENUE FROM OPERATIONS 1.84 BILLION RUPEES
APPROVED EXPANSION OF ENGINEERING PLASTIC DIVISION AT PALSANA
Source text: [ID:]
Further company coverage: PLST.NS
(([email protected];;))
Plastiblends India Says Sept-Quarter Net Profit At 63.1 Million Rupees
Oct 11 (Reuters) - Plastiblends India Ltd PLST.NS:
PLASTIBLENDS INDIA SEPT-QUARTER NET PROFIT 63.1 MILLION RUPEES
PLASTIBLENDS INDIA SEPT-QUARTER REVENUE FROM OPERATIONS 1.85 BILLION RUPEES
Source text for Eikon: ID:nNSE5xbrxl
Further company coverage: PLST.NS
(([email protected];))
Oct 11 (Reuters) - Plastiblends India Ltd PLST.NS:
PLASTIBLENDS INDIA SEPT-QUARTER NET PROFIT 63.1 MILLION RUPEES
PLASTIBLENDS INDIA SEPT-QUARTER REVENUE FROM OPERATIONS 1.85 BILLION RUPEES
Source text for Eikon: ID:nNSE5xbrxl
Further company coverage: PLST.NS
(([email protected];))
Plastiblends India hits 6-month high on quarterly profit jump
** Shares of Plastiblends India PLST.NS rise 3% to 325.15 rupees, hitting their highest since Jan 2024
** The thermoplastic compounds maker posts ~42% rise in June-qtr net profit while rev from ops rises 8%
** PLST on track for fourth straight session of gains
** Stock up ~11% YTD, had gained ~65% in 2023 for best yearly gains since 2015
(Reporting by Dimpal Gulwani in Bengaluru)
** Shares of Plastiblends India PLST.NS rise 3% to 325.15 rupees, hitting their highest since Jan 2024
** The thermoplastic compounds maker posts ~42% rise in June-qtr net profit while rev from ops rises 8%
** PLST on track for fourth straight session of gains
** Stock up ~11% YTD, had gained ~65% in 2023 for best yearly gains since 2015
(Reporting by Dimpal Gulwani in Bengaluru)
Plastiblends India Dividend 4.25 Rupees Per Share
May 2 (Reuters) - Plastiblends India Ltd PLST.NS:
DIVIDEND 4.25 RUPEES PER SHARE
Source text for Eikon: ID:nNSE7yQPNy
Further company coverage: PLST.NS
(([email protected];;))
May 2 (Reuters) - Plastiblends India Ltd PLST.NS:
DIVIDEND 4.25 RUPEES PER SHARE
Source text for Eikon: ID:nNSE7yQPNy
Further company coverage: PLST.NS
(([email protected];;))
Plastiblends India Dec-Quarter Net Profit Rises
Jan 11 (Reuters) - Plastiblends India Ltd PLST.NS:
DEC-QUARTER NET PROFIT 66.1 MILLION RUPEES VERSUS PROFIT 39.7 MILLION RUPEES
DEC-QUARTER REVENUE FROM OPERATIONS 1.97 BILLION RUPEES VERSUS 1.86 BILLION RUPEES
Source text for Eikon: ID:nBSE1gdNmX
Further company coverage: PLST.NS
(([email protected];))
Jan 11 (Reuters) - Plastiblends India Ltd PLST.NS:
DEC-QUARTER NET PROFIT 66.1 MILLION RUPEES VERSUS PROFIT 39.7 MILLION RUPEES
DEC-QUARTER REVENUE FROM OPERATIONS 1.97 BILLION RUPEES VERSUS 1.86 BILLION RUPEES
Source text for Eikon: ID:nBSE1gdNmX
Further company coverage: PLST.NS
(([email protected];))
Plastiblends India jumps after Q2 profit more than doubles
** Shares of Plastiblends India PLST.NS rise as much as 17.1% to 278 rupees, highest since Oct 2021
** Stock set to rise for a third straight session, if gains hold
** Thermoplastic compounds manufacturer said on Wednesday its Q2 net profit more than doubled to 95.3 mln rupees ($1.15 million), rev from ops jumped ~17% on year
** More than 700,000 shares change hands by 9:43 a.m. IST, 17.6x 30-day avg
** Stock traded most in over 2 years
** PLST up 16% as of 9:43 a.m. IST, extending YTD gains to ~54%
($1 = 83.1300 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected] ;))
** Shares of Plastiblends India PLST.NS rise as much as 17.1% to 278 rupees, highest since Oct 2021
** Stock set to rise for a third straight session, if gains hold
** Thermoplastic compounds manufacturer said on Wednesday its Q2 net profit more than doubled to 95.3 mln rupees ($1.15 million), rev from ops jumped ~17% on year
** More than 700,000 shares change hands by 9:43 a.m. IST, 17.6x 30-day avg
** Stock traded most in over 2 years
** PLST up 16% as of 9:43 a.m. IST, extending YTD gains to ~54%
($1 = 83.1300 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected] ;))
India's Plastiblends India Sept-Quarter Net Profit Rises
Oct 11 (Reuters) - Plastiblends India Ltd PLST.NS:
SEPT-QUARTER NET PROFIT 95.3 MILLION RUPEES VERSUS 42.1 MILLION RUPEES
SEPT-QUARTER REVENUE FROM OPERATIONS 2.1 BILLION RUPEES VERSUS 1.8 BILLION RUPEES
Further company coverage: PLST.NS
(([email protected];))
Oct 11 (Reuters) - Plastiblends India Ltd PLST.NS:
SEPT-QUARTER NET PROFIT 95.3 MILLION RUPEES VERSUS 42.1 MILLION RUPEES
SEPT-QUARTER REVENUE FROM OPERATIONS 2.1 BILLION RUPEES VERSUS 1.8 BILLION RUPEES
Further company coverage: PLST.NS
(([email protected];))
Plastiblends India tumbles on slide in June quarter earnings
** Shares of Plastiblends India PLST.NS fall as much as 8.72% to 181.55 rupees, most intraday pct loss in nine months
** Colour, additives and thermoplastic compounds maker reports 23% year-on-year slide in net profit in June quarter
** Revenue falls 5% Y/Y, while core profit is down 18% to 131.24 mln rupees
** Core profit margin contracts to 6.66% from 7.71% in the corresponding quarter a year earlier
** Raw material prices remained volatile and created uncertainty in the market, company says
** Slide in raw material prices resulted in lesser average sales realisation, adds co
** PLST also flags high energy costs which weighed on profitability
** Trading volume is 79,276 shares as of 10:39 a.m. IST, nearly quadruple the 30-day avg - Refinitiv data
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
** Shares of Plastiblends India PLST.NS fall as much as 8.72% to 181.55 rupees, most intraday pct loss in nine months
** Colour, additives and thermoplastic compounds maker reports 23% year-on-year slide in net profit in June quarter
** Revenue falls 5% Y/Y, while core profit is down 18% to 131.24 mln rupees
** Core profit margin contracts to 6.66% from 7.71% in the corresponding quarter a year earlier
** Raw material prices remained volatile and created uncertainty in the market, company says
** Slide in raw material prices resulted in lesser average sales realisation, adds co
** PLST also flags high energy costs which weighed on profitability
** Trading volume is 79,276 shares as of 10:39 a.m. IST, nearly quadruple the 30-day avg - Refinitiv data
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463;))
Plastiblends India Ltd June-Quarter Net Profit Falls
July 11 (Reuters) - Plastiblends India Ltd PLST.NS:
JUNE-QUARTER NET PROFIT 76.5 MILLION RUPEES VERSUS 99.8 MILLION RUPEES YEAR AGO
JUNE-QUARTER REVENUE FROM OPERATIONS 1.96 BILLION RUPEES VERSUS 2.04 BILLION RUPEES YEAR AGO
Further company coverage: PLST.NS
(([email protected];))
July 11 (Reuters) - Plastiblends India Ltd PLST.NS:
JUNE-QUARTER NET PROFIT 76.5 MILLION RUPEES VERSUS 99.8 MILLION RUPEES YEAR AGO
JUNE-QUARTER REVENUE FROM OPERATIONS 1.96 BILLION RUPEES VERSUS 2.04 BILLION RUPEES YEAR AGO
Further company coverage: PLST.NS
(([email protected];))
Plastiblends India jumps 3% to 4-month high on rise in Q4 core profit
** Shares of Plastiblends India Ltd PLST.NS rise as much as 3.21% to a four-month high of 180.10 rupees apiece
** Rise after thermoplastics and color and additives maker reports 22.5% YoY rise in core profit in the March quarter to 177.95 mln rupees
** Core profit margin expands to 8.99% in Q4 from 6.63% in the corresponding period a year ago
** Net profit and revenue fell 30% and 10% YoY in Q4, on uncertainties in demand due to supply chain reorientation and geopolitical crisis
** PLST also recommends a dividend of 4 rupees per share
** Trading volume is 59,192 shares as of 1 p.m. IST, more than quadruple the 30-day avg - Refinitiv data
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463))
** Shares of Plastiblends India Ltd PLST.NS rise as much as 3.21% to a four-month high of 180.10 rupees apiece
** Rise after thermoplastics and color and additives maker reports 22.5% YoY rise in core profit in the March quarter to 177.95 mln rupees
** Core profit margin expands to 8.99% in Q4 from 6.63% in the corresponding period a year ago
** Net profit and revenue fell 30% and 10% YoY in Q4, on uncertainties in demand due to supply chain reorientation and geopolitical crisis
** PLST also recommends a dividend of 4 rupees per share
** Trading volume is 59,192 shares as of 1 p.m. IST, more than quadruple the 30-day avg - Refinitiv data
(Reporting by Bharath Rajeswaran in Bengaluru)
(([email protected]; +91 9769003463))
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What does Plastiblends India do?
Plastiblends India Limited, headquartered in Mumbai, is a leading manufacturer and exporter of Colour & Additive Master Batches and Thermoplastic Compounds. With global reach, it serves over 40 countries worldwide and holds strong market presence.
Who are the competitors of Plastiblends India?
Plastiblends India major competitors are Kkalpana lnds. (I), Rishiroop, Polylink Polymers, DCW, Bhansali Engg. Poly., Supreme Petrochem, Premier Polyfilm. Market Cap of Plastiblends India is ₹510 Crs. While the median market cap of its peers are ₹664 Crs.
Is Plastiblends India financially stable compared to its competitors?
Plastiblends India seems to be less financially stable compared to its competitors. Altman Z score of Plastiblends India is 7.53 and is ranked 5 out of its 8 competitors.
Does Plastiblends India pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Plastiblends India latest dividend payout ratio is 31.99% and 3yr average dividend payout ratio is 33.01%
How has Plastiblends India allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Capital Work in Progress, Inventory
How strong is Plastiblends India balance sheet?
Balance sheet of Plastiblends India is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Plastiblends India improving?
Yes, profit is increasing. The profit of Plastiblends India is ₹34.6 Crs for TTM, ₹34.53 Crs for Mar 2024 and ₹26.85 Crs for Mar 2023.
Is the debt of Plastiblends India increasing or decreasing?
Yes, The debt of Plastiblends India is increasing. Latest debt of Plastiblends India is -₹2.07 Crs as of Sep-24. This is greater than Mar-24 when it was -₹5.09 Crs.
Is Plastiblends India stock expensive?
Plastiblends India is not expensive. Latest PE of Plastiblends India is 14.72, while 3 year average PE is 18.31. Also latest EV/EBITDA of Plastiblends India is 9.53 while 3yr average is 10.84.
Has the share price of Plastiblends India grown faster than its competition?
Plastiblends India has given lower returns compared to its competitors. Plastiblends India has grown at ~5.67% over the last 10yrs while peers have grown at a median rate of 16.66%
Is the promoter bullish about Plastiblends India?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Plastiblends India is 63.07% and last quarter promoter holding is 63.07%.
Are mutual funds buying/selling Plastiblends India?
There is Insufficient data to gauge this.