MarketFriction

Ecoplast Ltd

BSE 526703 · Plastic Products - Industrial
₹470.10 +0.02%
BSE close2026-10-01
Market cap₹227 Cr.
P/E18.7

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue from operations29.9528.4029.6630.4030.3533.3954.4353.6635.7355.8157.3763.25
Operating costs26.0825.6125.9627.4527.7330.0148.5649.4532.5552.0150.7557.19
EBITDA3.872.793.702.952.623.385.874.213.183.806.626.06
EBITDA margin %12.92%9.82%12.47%9.70%8.63%10.12%10.78%7.85%8.90%6.81%11.54%9.58%
Depreciation & amortisation0.600.640.650.650.630.881.451.400.971.421.451.63
Finance costs0.090.050.120.070.070.080.190.150.150.140.140.22
Non-operating income0.360.420.611.070.410.441.261.240.720.780.810.42
Pre-tax profit3.542.523.543.302.332.865.493.902.783.025.844.63
Effective tax rate %20.34%26.98%22.60%21.82%24.89%25.52%26.96%24.87%27.70%27.15%22.26%28.08%
Profit after tax2.811.852.742.581.752.124.012.922.022.204.543.33
Earnings per share (Rs)9.376.179.138.605.837.0711.618.455.856.3713.147.00
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue from operations10210510410299769496113207220212
Operating costs9598979592729491100185202192
EBITDA7777731613211820
EBITDA margin %7%7%7%7%7%4.4%0.7%6%11%10%8%9%
Depreciation & amortisation222223322565
Finance costs222211110111
Non-operating income012111042443
Pre-tax profit445450-3612191616
Effective tax rate %33%23%33%19%31%31%-32%28%24%27%25%
Profit after tax334340-249141212
Earnings per share (Rs)9.139.8711.709.6311.770.67-5.9014.8330.5741.0234.7732.36
Paid out as dividend %16%12%13%16%13%0%0%10%10%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Revenue CAGR8%24%32%23%
Profit CAGR16%127%61%12%
Share price CAGR19%44%36%-9%
Average return on equity12%13%15%11%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Net block (property, plant)141416151418171615163546
Capital work in progress000011100016
Investments0000000000183
Current & other assets313136343436343929387788
Total assets46455249485451554455131143
Share capital333333333333
Reserves & surplus16192124262929263039104116
Total debt141215109139141122
Other liabilities & provisions12121312101011129122222
Equity + liabilities46455249485451554455131143
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating cash flow5647569-2151313-2
Investing cash flow-1-2-4-0-2-8-1-21-3-28-6
Free cash flow (after capex)45-162-27-41590-24
Financing cash flow-5-51-6-32-74-14-218-0
Net change in cash-1001-1-001273-8
Cash conversion (OCF / EBITDA) %105%107%62%127%89%109%264%-359%278%119%84%9%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Return on capital employed %13%17%16%18%13%14%3%-3%13%32%26%14%
Receivable days666371616177977845345652
Inventory days485157606158706856646365
Payable days434549423942583934444840
Cash cycle (days)71687978839210910667547177
Working capital days333639445261914961506566
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoter group %68.71%68.71%68.71%68.71%68.71%72.23%64.84%64.84%64.84%64.84%64.84%74.45%
Retail & others %31.29%31.29%31.30%31.30%31.29%27.77%35.16%35.16%35.17%35.16%35.16%25.54%
Shareholder count2,0902,4852,7212,8663,3743,3353,3693,5633,6873,5563,5573,393

Fundamentals

Market value₹ 227 Cr.
Last price₹ 477
P/E (trailing)18.7
Book value / share₹ 346
Return on capital14.4 %
Return on equity10.6 %
Dividend yield0.00 %
Face value₹ 10.0
Revenue CAGR (TTM)23%
Profit CAGR (TTM)12%
Consolidated figures.
Valuation
Market capRs 162 Cr
Enterprise valueRs 155 Cr
P/E (TTM)13.43x
Price to book1.36x
Price to sales0.77x
EV / EBITDA6.92x
EV / EBIT9.16x
EV / sales0.73x
Earnings yield7.44%
P/E, 3-year average11.79x
P/B, 3-year average1.71x
P/E, 5-year average10.19x
P/B, 5-year average1.37x
Profitability
Operating margin (excl. other income)8.38%
Operating margin (incl. other income)10.13%
EBITDA margin10.55%
Pre-tax margin7.67%
Net profit margin5.70%
Net margin, latest quarter5.26%
ROE10.58%
ROCE14.41%
ROA8.77%
ROE, 3-year average17.98%
ROCE, 3-year average24.37%
ROA, 3-year average14.21%
ROE, 5-year average12.49%
ROCE, 5-year average17.57%
ROA, 5-year average9.66%
ROIC (approx.)11.33%
Tax rate24.92%
Other income / net worth3.22%
Growth
Sales growth (latest year)6.47%
Profit growth (latest year)-15.24%
Sales CAGR, 3 years31.80%
Sales CAGR, 5 years23.84%
Profit CAGR, 3 years39.23%
Profit CAGR, 5 years126.83%
Sales growth QoQ10.25%
Profit growth QoQ-26.65%
Sales growth YoY (latest quarter)17.87%
Profit growth YoY (latest quarter)14.04%
Per share
EPS (TTM)Rs 35.00
EPS (latest year)Rs 34.77
EPS (latest quarter)Rs 9.64
EPS, 3-year averageRs 35.45
EPS, 5-year averageRs 23.06
Book value per shareRs 346.36
Sales per shareRs 614.15
Cash flow per shareRs -6.05
Dividend per share, 3-year averageRs 3.00
Dividend per share, 5-year averageRs 2.25
Dividends
Dividend payout, 3-year average9.81%
Dividend payout, 5-year average9.96%
Efficiency
Asset turnover1.54x
Fixed asset turnover4.77x
Inventory turnover6.83x
Inventory days53 days
Debtor days52 days
Debtors turnover7.02x
Leverage
Total debtRs 2 Cr
Cash and bankRs 9 Cr
Net debtRs -7 Cr
Debt to equity0.02x
Net debt / EBITDA-0.33x
Interest coverage26.03x
Owners' fund to total sources83.55%
Debt to assets1.39%
Cash flow
Operating cash flow (latest year)Rs -2 Cr
Investing cash flow (latest year)Rs -6 Cr
Financing cash flow (latest year)Rs -0 Cr
Net change in cash (latest year)Rs -8 Cr
Statement figures
Net sales (TTM)Rs 212 Cr
Net sales (latest year)Rs 220 Cr
Sales (latest quarter)Rs 63 Cr
Operating profit excl. other income (latest year)Rs 18 Cr
Operating profit (latest quarter)Rs 6 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 22 Cr
PBDT (TTM)Rs 22 Cr
Profit before tax (TTM)Rs 16 Cr
Tax (latest year)Rs 4 Cr
Net profit (TTM)Rs 12 Cr
Net profit (latest year)Rs 12 Cr
Net profit (latest quarter)Rs 3 Cr
Depreciation (TTM)Rs 5 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 167 Cr
Total expenditure (latest year)Rs 202 Cr
Total income (latest year)Rs 224 Cr
Share capitalRs 3 Cr
ReservesRs 116 Cr
Shareholders' fundsRs 120 Cr
Total assetsRs 143 Cr
Net blockRs 46 Cr
Capital work in progressRs 6 Cr
InvestmentsRs 3 Cr
ReceivablesRs 31 Cr
InventoryRs 24 Cr
Other liabilitiesRs 22 Cr
Shares outstanding (crore)0.35
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 13.4 is at the 47th percentile of its own 8.4-year range (median 13.8, low 6.9, high 183.1).
P/B 1.36 is at the 50th percentile (median 1.36).
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.
Period526703Nifty 50Difference
1 week-1.8%-2.8% +1.0 pts
1 month+5.4%-6.8% +12.2 pts
3 months-0.6%-7.6% +7.0 pts
3 years+147.7%+14.2% +133.5 pts
5 years+487.6%+27.9% +459.7 pts

Red flags

F-score 2 of 8
explainDebt up, profit down Borrowings up 32% while net profit fell in 2026
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 2026
Sales ₹63 Cr +17.9% vs Jun 2025. Net profit ₹3 Cr +14.0%.

Activity

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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 Ecoplast Ltd?

Ecoplast Ltd (526703) has a market capitalisation of Rs 227 Cr. at the 2026-10-01 close.

What is the P/E ratio of Ecoplast Ltd?

Ecoplast Ltd trades at a P/E of 18.7 on trailing twelve-month profit, at the 2026-10-01 close.

What were Ecoplast Ltd's latest quarterly results?

In the Jun 2026 quarter, Ecoplast Ltd sales was Rs 63 Cr (+17.9% vs Jun 2025) and net profit was Rs 3 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03