Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 21.99 | 26.37 | 30.91 | 24.32 | 21.18 | 27.30 | 24.15 | 21.97 | 22.76 | 31.11 | 27.18 | 15.52 |
| Operating costs | 20.06 | 24.30 | 27.00 | 22.81 | 19.50 | 24.89 | 20.98 | 19.96 | 19.95 | 27.67 | 24.87 | 13.79 |
| EBITDA | 1.93 | 2.07 | 3.91 | 1.51 | 1.68 | 2.41 | 3.17 | 2.01 | 2.81 | 3.44 | 2.31 | 1.73 |
| EBITDA margin % | 8.78% | 7.85% | 12.65% | 6.21% | 7.93% | 8.83% | 13.13% | 9.15% | 12.35% | 11.06% | 8.50% | 11.15% |
| Depreciation & amortisation | 0.66 | 0.70 | 0.65 | 0.60 | 0.62 | 0.63 | 0.68 | 0.66 | 0.69 | 0.80 | 0.74 | 0.72 |
| Finance costs | 0.52 | 0.41 | 0.51 | 0.32 | 0.42 | 0.33 | 0.71 | 0.51 | 0.52 | 0.63 | 0.38 | 0.41 |
| Non-operating income | 0.02 | 0.02 | 0.66 | 0.02 | 0.02 | 0.02 | 0.56 | 0.02 | 0.02 | 0.02 | 0.75 | 0.02 |
| Pre-tax profit | 0.77 | 0.98 | 3.41 | 0.61 | 0.66 | 1.47 | 2.34 | 0.86 | 1.62 | 2.03 | 1.94 | 0.62 |
| Effective tax rate % | -0.00% | -0.00% | 117.30% | -0.00% | -0.00% | -0.00% | 56.41% | -0.00% | -0.00% | -0.00% | 154.12% | -0.00% |
| Profit after tax | 0.76 | 0.98 | -0.58 | 0.61 | 0.65 | 1.47 | 1.02 | 0.86 | 1.62 | 2.04 | -1.05 | 0.63 |
| Earnings per share (Rs) | 0.83 | 1.07 | -0.64 | 0.67 | 0.71 | 1.61 | 1.12 | 0.94 | 1.77 | 2.23 | -1.15 | 0.69 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 97.22 | 94.35 | 103.58 | 111.60 | 114.19 | 76.45 | 82.64 | 112.00 | 98.38 | 96.95 | 103.03 | 96.57 |
| Operating costs | 87.13 | 86.93 | 95.12 | 103.36 | 108.36 | 70.26 | 75.22 | 100.32 | 88.76 | 87.28 | 91.64 | 86.28 |
| EBITDA | 10.09 | 7.42 | 8.46 | 8.24 | 5.83 | 6.19 | 7.42 | 11.68 | 9.62 | 9.67 | 11.39 | 10.29 |
| EBITDA margin % | 10.38% | 7.86% | 8.17% | 7.38% | 5.11% | 8.10% | 8.98% | 10.43% | 9.78% | 9.97% | 11.06% | 10.66% |
| Depreciation & amortisation | 1.79 | 2.12 | 2.53 | 2.86 | 2.90 | 2.63 | 2.64 | 2.61 | 2.69 | 3.37 | 3.73 | 2.95 |
| Finance costs | 3.94 | 2.74 | 3.43 | 3.24 | 3.19 | 2.77 | 2.78 | 3.18 | 2.04 | 1.79 | 2.03 | 1.94 |
| Non-operating income | 0.13 | 0.45 | 1.73 | 1.32 | 1.89 | 0.67 | 0.31 | 0.34 | 0.72 | 0.57 | 0.81 | 0.81 |
| Pre-tax profit | 4.49 | 3.01 | 4.23 | 3.46 | 1.63 | 1.46 | 2.31 | 6.23 | 5.61 | 5.08 | 6.44 | 6.21 |
| Effective tax rate % | 55.90% | 100.66% | 23.17% | 35.55% | -29.45% | -62.33% | -22.08% | 30.34% | 71.30% | 25.98% | 46.43% | |
| Profit after tax | 1.98 | -0.02 | 3.25 | 2.23 | 2.11 | 2.38 | 2.83 | 4.34 | 1.62 | 3.75 | 3.46 | 3.24 |
| Earnings per share (Rs) | 2.17 | -0.02 | 3.56 | 2.44 | 2.31 | 2.61 | 3.10 | 4.75 | 1.77 | 4.11 | 3.79 | 3.54 |
| Paid out as dividend % | 46.11% | -4,565.00% | 28.09% | 40.94% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Revenue CAGR | 1% | 6% | -3% | 2% | ||
| Profit CAGR | 6% | 2% | -7% | -19% | ||
| Share price CAGR | -2% | -1% | -11% | -31% | ||
| Average return on equity | 8% | 9% | 7% | 8% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net block (property, plant) | 23.44 | 26.19 | 32.59 | 33.31 | 34.97 | 33.19 | 34.68 | 32.52 | 30.22 | 30.67 | 31.27 | 32.09 |
| Capital work in progress | 0.05 | 0.11 | 0.15 | 0.30 | 0.02 | 0.01 | 0.01 | 0.17 | -0.00 | 0.14 | 1.08 | -0.00 |
| Investments | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Current & other assets | 50.48 | 50.88 | 51.37 | 51.78 | 61.70 | 61.67 | 59.35 | 61.43 | 64.12 | 68.56 | 49.79 | 49.86 |
| Total assets | 73.98 | 77.19 | 84.12 | 85.40 | 96.70 | 94.88 | 94.05 | 94.12 | 94.34 | 99.37 | 82.14 | 81.95 |
| Share capital | 9.13 | 9.13 | 9.13 | 9.13 | 9.13 | 9.13 | 9.13 | 9.13 | 9.13 | 9.13 | 9.13 | 9.13 |
| Reserves & surplus | 13.88 | 14.76 | 13.37 | 16.68 | 17.60 | 18.28 | 20.70 | 22.77 | 27.16 | 28.91 | 32.74 | 36.40 |
| Total debt | 35.88 | 34.99 | 39.14 | 41.33 | 44.41 | 41.19 | 47.20 | 47.18 | 40.04 | 41.14 | 25.73 | 24.07 |
| Other liabilities & provisions | 15.09 | 18.31 | 22.48 | 18.26 | 25.56 | 26.28 | 17.02 | 15.04 | 18.01 | 20.19 | 14.54 | 12.35 |
| Equity + liabilities | 73.98 | 77.19 | 84.12 | 85.40 | 96.70 | 94.88 | 94.05 | 94.12 | 94.34 | 99.37 | 82.14 | 81.95 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 2.09 | -0.00 | -8.12 | 5.57 | 6.08 | 7.48 | 10.02 | 2.93 | 10.39 | 16.63 | 10.22 | 3.53 |
| Investing cash flow | -0.65 | -0.00 | -3.34 | -3.42 | -4.86 | -0.47 | -4.08 | -0.59 | -1.10 | -3.01 | -4.33 | -4.90 |
| Free cash flow (after capex) | 0.57 | -0.00 | -8.26 | 2.10 | 1.05 | 6.51 | 5.14 | 0.63 | 9.17 | 13.59 | 5.87 | -1.39 |
| Financing cash flow | -1.61 | -0.00 | 9.23 | -2.46 | -1.00 | -7.06 | -3.80 | -2.20 | -9.35 | -1.24 | -18.16 | 1.14 |
| Net change in cash | -0.17 | -0.00 | -2.23 | -0.32 | 0.22 | -0.06 | 2.14 | 0.13 | -0.06 | 12.38 | -12.27 | -0.24 |
| Cash conversion (OCF / EBITDA) % | 28% | -0% | -97% | 66% | 74% | 128% | 162% | 39% | 89% | 173% | 106% | 31% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on capital employed % | 10.37% | 14.43% | 9.54% | 11.93% | 9.91% | 5.95% | 6.76% | 6.32% | 12.06% | 9.84% | 9.43% | 12.35% |
| Receivable days | 70.05 | 70.54 | 74.47 | 67.55 | 80.39 | 89.24 | 99.69 | 91.25 | 83.56 | 67.38 | 45.06 | 43.26 |
| Inventory days | 146.22 | 130.50 | 131.89 | 121.05 | 132.13 | 101.72 | 193.85 | 207.29 | 134.51 | 159.48 | 148.30 | 156.57 |
| Payable days | 58.45 | 79.71 | 70.21 | 49.56 | 58.41 | 56.48 | 64.59 | 39.61 | 36.46 | 39.19 | 17.17 | 15.66 |
| Cash cycle (days) | 157.82 | 121.34 | 136.15 | 139.04 | 154.12 | 134.49 | 228.95 | 258.93 | 181.60 | 187.67 | 176.19 | 184.17 |
| Working capital days | 17.96 | 14.94 | 10.72 | 20.09 | 29.99 | 29.02 | 37.62 | 70.71 | 73.42 | 36.69 | 69.24 | 82.69 |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter group % | 56.66% | 56.66% | 56.66% | 56.66% | 56.66% | 56.66% | 56.66% | 56.66% | 56.66% | 56.66% | 56.66% | 56.66% |
| Retail & others % | 43.34% | 43.34% | 43.35% | 43.34% | 43.34% | 43.33% | 43.34% | 43.33% | 43.35% | 43.34% | 43.34% | 43.33% |
| Shareholder count | 9,059 | 8,729 | 9,826 | 9,701 | 9,618 | 9,187 | 9,113 | 9,065 | 8,945 | 8,399 | 8,334 | 8,273 |
Fundamentals
Market value₹ 36.5 Cr.
Last price₹ 40.0
P/E (trailing)11.3
Book value / share₹ 49.9
Return on capital12.4 %
Return on equity7.92 %
Dividend yield0.00 %
Face value₹ 10.0
Revenue CAGR (TTM)2%
Profit CAGR (TTM)-19%
Standalone figures.
Valuation
Market capRs 36 Cr
Enterprise valueRs 60 Cr
P/E (TTM)10.99x
Price to book0.78x
Price to sales0.37x
EV / EBITDA5.37x
EV / EBIT7.31x
EV / sales0.62x
Price to cash flow10.09x
Earnings yield9.10%
P/E, 3-year average20.01x
P/B, 3-year average1.18x
P/E, 5-year average15.96x
P/B, 5-year average1.10x
Profitability
Operating margin (excl. other income)11.05%
Operating margin (incl. other income)11.84%
EBITDA margin11.49%
Pre-tax margin6.43%
Net profit margin3.36%
Net margin, latest quarter4.06%
ROE7.92%
ROCE12.35%
ROA4.22%
ROE, 3-year average7.22%
ROCE, 3-year average10.52%
ROA, 3-year average3.34%
ROE, 5-year average8.71%
ROCE, 5-year average10.04%
ROA, 5-year average3.53%
ROIC (approx.)6.28%
Tax rate46.43%
Other income / net worth1.78%
Growth
Sales growth (latest year)6.27%
Profit growth (latest year)-7.73%
Sales CAGR, 3 years-2.74%
Sales CAGR, 5 years6.15%
Profit CAGR, 3 years-7.28%
Profit CAGR, 5 years7.77%
Sales growth QoQ-42.90%
Sales growth YoY (latest quarter)-29.36%
Profit growth YoY (latest quarter)-26.74%
Per share
EPS (TTM)Rs 3.55
EPS (latest year)Rs 3.79
EPS (latest quarter)Rs 0.69
EPS, 3-year averageRs 3.22
EPS, 5-year averageRs 3.51
Book value per shareRs 49.87
Sales per shareRs 105.78
Cash flow per shareRs 3.87
Efficiency
Asset turnover1.26x
Fixed asset turnover3.21x
Inventory turnover2.81x
Inventory days130 days
Debtor days43 days
Debtors turnover8.44x
Leverage
Total debtRs 24 Cr
Cash and bankRs 0 Cr
Net debtRs 24 Cr
Debt to equity0.53x
Net debt / EBITDA2.16x
Interest coverage4.20x
Owners' fund to total sources55.56%
Debt to assets29.37%
Cash flow
Operating cash flow (latest year)Rs 4 Cr
Investing cash flow (latest year)Rs -5 Cr
Financing cash flow (latest year)Rs 1 Cr
Net change in cash (latest year)Rs -0 Cr
Sales to cash flow29.19x
Statement figures
Net sales (TTM)Rs 97 Cr
Net sales (latest year)Rs 103 Cr
Sales (latest quarter)Rs 16 Cr
Operating profit excl. other income (latest year)Rs 11 Cr
Operating profit (latest quarter)Rs 2 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 11 Cr
PBDT (TTM)Rs 9 Cr
Profit before tax (TTM)Rs 6 Cr
Tax (latest year)Rs 3 Cr
Net profit (TTM)Rs 3 Cr
Net profit (latest year)Rs 3 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 3 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 74 Cr
Total expenditure (latest year)Rs 92 Cr
Total income (latest year)Rs 104 Cr
Share capitalRs 9 Cr
ReservesRs 36 Cr
Shareholders' fundsRs 46 Cr
Total assetsRs 82 Cr
Net blockRs 32 Cr
ReceivablesRs 12 Cr
InventoryRs 26 Cr
Other liabilitiesRs 12 Cr
Shares outstanding (crore)0.91
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 11.0 is at the 33th percentile of its own 8.4-year range
(median 12.6, low 6.5, high 40.5).
P/B 0.78 is at the 11th percentile (median 1.26).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 526616 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -1.1% | -2.8% | +1.7 pts |
| 1 month | -5.5% | -6.8% | +1.3 pts |
| 3 months | -8.0% | -7.6% | -0.4 pts |
| 3 years | -31.0% | +14.2% | -45.2 pts |
| 5 years | -2.4% | +27.9% | -30.3 pts |
Red flags
F-score 7 of 8No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹16 Cr -29.4% vs Jun 2025.
Net profit ₹1 Cr -26.7%.
Activity
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|---|---|---|---|
| Supreme Industries Ltd | 43,771 | 42.4 | 20.7 % |
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| Kingfa Science & Technology (India) Ltd | 8,842 | 39.2 | 23.2 % |
| Prince Pipes & Fittings Ltd | 2,830 | 27.2 | 6.03 % |
| Apollo Pipes Ltd | 2,258 | 1.23 % | |
| Jain Irrigation Systems Ltd | 2,065 | 5.30 % | |
| Jai Corp Ltd | 1,611 | 17.1 | 11.8 % |
| Premier Polyfilm Ltd | 1,007 | 28.8 | 28.9 % |
| R M Drip & Sprinklers Systems Ltd | 1,004 | 28.5 | 38.3 % |
| Prakash Pipes Ltd | 591 | 12.0 | 12.4 % |
| Shish Industries Ltd | 574 | 168 | 6.80 % |
| Dhabriya Polywood Ltd | 500 | 15.4 | 25.6 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of National Plastic Industries Ltd?
National Plastic Industries Ltd (526616) has a market capitalisation of Rs 36.5 Cr. at the 2026-10-01 close.
What is the P/E ratio of National Plastic Industries Ltd?
National Plastic Industries Ltd trades at a P/E of 11.3 on trailing twelve-month profit, at the 2026-10-01 close.
What were National Plastic Industries Ltd's latest quarterly results?
In the Jun 2026 quarter, National Plastic Industries Ltd sales was Rs 16 Cr (-29.4% vs Jun 2025) and net profit was Rs 1 Cr.