MarketFriction

Tokyo Plast International Ltd

NSE TOKYOPLAST · BSE 500418 · Plastic Products - Consumer
₹71.01 -2.99%
NSE close2026-10-01
52 week range53.86 - 135.00
Market cap₹68.4 Cr.
P/E195
Price band 5% Delivery 77.9%

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
Dec 2022Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales16.4915.8716.9617.8018.4719.0517.1618.2121.0917.1422.8819.83
Expenses16.2614.7415.8916.2816.9017.8214.8316.6918.9215.6021.1518.74
Operating Profit0.231.131.071.521.571.232.331.522.171.541.731.09
OPM %1.39%7.12%6.31%8.54%8.50%6.46%13.58%8.35%10.29%8.98%7.56%5.50%
Other Income0.000.110.000.000.000.000.160.000.010.000.010.01
Interest0.330.340.370.330.370.371.050.650.650.790.770.49
Depreciation0.800.710.630.720.730.760.760.770.750.780.750.74
Profit before tax-0.900.190.070.470.470.100.680.100.78-0.030.22-0.13
Tax %0.00%5.26%185.71%19.15%19.15%20.00%29.41%20.00%19.23%333.33%81.82%53.85%
Net Profit-0.900.18-0.060.380.390.080.480.080.64-0.130.04-0.20
EPS in Rs-0.950.19-0.060.400.410.080.510.080.67-0.140.04-0.21
Mar 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2024Mar 2025Mar 2026TTM
Sales57.1558.1872.1865.3552.9860.8562.8979.9366.3772.4779.3180.94
Expenses49.0850.0760.1257.9353.7557.0259.3575.9361.1965.8872.3674.41
Operating Profit8.078.1112.067.42-0.773.833.544.005.186.596.956.53
OPM %14.12%13.94%16.71%11.35%-1.45%6.29%5.63%5.00%7.80%9.09%8.76%8.07%
Other Income-0.151.831.291.520.870.030.040.030.140.200.030.03
Interest2.432.521.991.451.321.080.781.361.252.122.862.70
Depreciation2.292.212.452.542.422.782.692.932.782.963.053.02
Profit before tax3.205.218.914.95-3.640.000.11-0.261.291.711.070.84
Tax %-21.25%16.89%16.95%18.99%12.09%-18.18%-38.46%21.71%22.81%42.06%
Net Profit3.884.337.394.02-4.090.710.12-0.151.001.310.630.35
EPS in Rs4.084.567.784.23-4.300.750.13-0.161.051.380.660.36
Dividend Payout %0.00%0.00%6.43%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth3%5%%11%
Compounded Profit Growth-18%45%%-66%
Stock Price CAGR2%-7%-11%-41%
Return on Equity%%2%1%
Mar 2013Mar 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2024Mar 2025Mar 2026
Equity Capital9.509.509.509.509.509.509.509.509.509.509.509.50
Reserves28.1332.0139.8147.1950.7646.6047.3447.9448.6950.6552.0453.19
Borrowings19.9221.2516.4815.3814.2819.0612.2215.9718.8519.2926.8948.38
Other Liabilities11.139.9811.0911.6212.8012.7811.7613.2710.9613.1315.0424.73
Total Liabilities68.6872.7476.8883.6987.3487.9480.8286.6888.0092.57103.47135.80
Fixed Assets14.1313.3812.6812.1111.2211.3210.6913.5616.7239.1739.9838.97
CWIP4.474.224.354.354.354.654.655.275.275.559.9928.27
Investments1.141.141.141.141.140.020.020.020.020.010.010.01
Other Assets48.9454.0058.7166.0970.6371.9565.4667.8365.9947.8453.4968.55
Total Assets68.6872.7476.8883.6987.3487.9480.8286.6888.0092.57103.47135.80
Mar 2013Mar 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2024Mar 2025Mar 2026
Cash from Operating Activity3.7110.465.283.582.449.081.073.618.695.348.97
Cash from Investing Activity-2.26-2.11-4.53-0.48-2.58-2.32-4.31-3.26-11.79-12.08-23.92
Cash from Financing Activity-1.17-6.44-2.57-2.864.11-7.930.81-0.693.686.3319.25
Net Cash Flow0.281.92-1.820.243.98-1.18-2.44-0.340.59-0.414.29
Free Cash Flow-0.318.340.312.66-1.006.73-3.250.32-3.46-6.94-14.31
CFO/OP68%129%60%66%-379%237%30%90%168%84%133%
Mar 2013Mar 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2024Mar 2025Mar 2026
Debtor Days73.1171.7267.8299.92116.96131.45102.03124.4375.8088.7174.6968.53
Inventory Days103.2789.9493.3751.2765.80159.07251.54218.50200.69169.90164.71188.42
Days Payable106.1675.6164.2365.3356.2374.6037.4249.8627.0627.6329.5985.73
Cash Conversion Cycle70.2386.0596.9685.86126.53215.92316.16293.07249.44230.97209.81171.22
Working Capital Days1.9933.9152.6499.16141.76181.19200.29195.18153.5391.5742.91-4.05
ROCE %9.36%15.78%8.74%-2.69%1.50%1.22%1.45%4.53%3.94%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters64.50%63.65%63.65%63.84%64.29%65.37%66.87%66.98%68.18%68.80%68.82%68.89%
FIIs0.00%0.02%0.00%0.00%0.01%0.00%0.00%0.01%0.00%0.00%0.00%0.00%
Public35.50%36.32%36.35%36.15%35.71%34.63%33.13%33.02%31.82%31.20%31.19%31.09%
No. of Shareholders10,55110,78710,91811,19510,9428,0907,8327,3647,3687,3057,2947,404

Fundamentals

Market Cap₹ 68.4 Cr.
Current Price₹ 72.0
Stock P/E195
Book Value₹ 66.0
ROCE3.94 %
ROE1.01 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)11%
Compounded Profit Growth (TTM)-66%
Consolidated figures.
Valuation
Market capRs 67 Cr
Enterprise valueRs 111 Cr
P/E (TTM)192.74x
Price to book1.08x
Price to sales0.83x
EV / EBITDA16.85x
EV / EBIT31.22x
EV / sales1.37x
Price to cash flow7.52x
Earnings yield0.52%
P/E, 3-year average92.03x
P/B, 3-year average1.74x
P/E, 5-year average246.23x
P/B, 5-year average1.53x
Profitability
Operating margin (excl. other income)8.76%
Operating margin (incl. other income)8.80%
EBITDA margin8.10%
Pre-tax margin1.04%
Net profit margin0.43%
Net margin, latest quarter-1.01%
ROE1.01%
ROCE3.94%
ROA0.53%
ROE, 3-year average1.62%
ROCE, 3-year average3.92%
ROA, 3-year average0.99%
ROE, 5-year average0.96%
ROCE, 5-year average2.89%
ROA, 5-year average0.59%
ROIC (approx.)1.94%
Tax rate42.06%
Other income / net worth0.05%
Growth
Sales growth (latest year)9.44%
Profit growth (latest year)-51.91%
Sales CAGR, 3 years-0.26%
Sales CAGR, 5 years5.44%
Profit CAGR, 5 years-2.36%
Sales growth QoQ-13.33%
Profit growth QoQ-600.00%
Sales growth YoY (latest quarter)8.90%
Profit growth YoY (latest quarter)-350.00%
Per share
EPS (TTM)Rs 0.37
EPS (latest quarter)Rs -0.21
EPS, 3-year averageRs 1.22
EPS, 5-year averageRs 0.60
Book value per shareRs 65.99
Sales per shareRs 85.20
Cash flow per shareRs 9.44
Free cash flow per shareRs -15.06
Efficiency
Asset turnover0.58x
Fixed asset turnover2.04x
Inventory turnover1.94x
Inventory days188 days
Debtor days69 days
Debtors turnover5.33x
Creditor days86 days
Cash conversion cycle171 days
Working capital days-4 days
Leverage
Total debtRs 48 Cr
Cash and bankRs 5 Cr
Net debtRs 43 Cr
Debt to equity0.77x
Net debt / EBITDA6.57x
Interest coverage1.31x
Owners' fund to total sources46.16%
Debt to assets35.63%
Cash flow
Cash from Operating Activity (latest year)Rs 9 Cr
Cash from Investing Activity (latest year)Rs -24 Cr
Cash from Financing Activity (latest year)Rs 19 Cr
Net Cash Flow (latest year)Rs 4 Cr
Free cash flow (latest year)Rs -14 Cr
FCFE (approx.: FCF + change in debt)Rs 7 Cr
Cash from ops / profit, 5 years9.51x
Sales to cash flow8.84x
Statement figures
Net sales (TTM)Rs 81 Cr
Net sales (latest year)Rs 79 Cr
Sales (latest quarter)Rs 20 Cr
Operating profit excl. other income (latest year)Rs 7 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 7 Cr
PBDT (TTM)Rs 4 Cr
Profit before tax (TTM)Rs 1 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 0 Cr
Net profit (latest year)Rs 1 Cr
Net profit (latest quarter)Rs -0 Cr
Depreciation (TTM)Rs 3 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 3 Cr
Cost of goods sold (latest year)Rs 39 Cr
Total expenditure (latest year)Rs 72 Cr
Total income (latest year)Rs 79 Cr
Share capitalRs 10 Cr
ReservesRs 53 Cr
Shareholders' fundsRs 63 Cr
Total assetsRs 136 Cr
Net blockRs 39 Cr
Capital work in progressRs 28 Cr
InvestmentsRs 0 Cr
ReceivablesRs 15 Cr
InventoryRs 20 Cr
Other liabilitiesRs 25 Cr
Shares outstanding (crore)0.95
Ownership
Promoter holding68.89% (+1.91 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 192.8 is at the 96th percentile of its own 6.1-year range (median 80.3, low 9.5, high 209.3).
P/B 1.08 is at the 21th percentile (median 1.55).
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.
PeriodTOKYOPLASTNifty 50Difference
1 week-6.1%-2.8% -3.3 pts
1 month-8.8%-6.8% -2.1 pts
3 months-20.3%-7.6% -12.7 pts
6 months+21.3%+0.4% +20.9 pts
1 year-41.9%-9.9% -32.0 pts
2 years-43.5%-13.6% -29.9 pts
3 years-29.9%+14.2% -44.1 pts
5 years-30.7%+27.9% -58.5 pts

Red flags

F-score 4 of 8
explainDebt up, profit down Borrowings up 80% while net profit fell in 2026
explainLow interest cover Interest cover 1.4x 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 ₹20 Cr +8.9% vs Jun 2025. Net loss ₹0 Cr.

Activity

Compare
CompanyMcap (Cr)P/EROCE
Shaily Engineering Plastics Ltd13,98678.630.2 %
Safari Industries (India) Ltd7,01142.519.3 %
V I P Industries Ltd4,167-28.9 %
Nilkamal Ltd2,83321.010.6 %
Bai-Kakaji Polymers Ltd64229.321.2 %
Essen Speciality Films Ltd283-1.07 %
Atharva Poly-Plast Ltd20030.938.2 %
Pil Italica Lifestyle Ltd17355.17.67 %
Prima Plastics Ltd1507.6114.3 %
Avro India Ltd9424.66.52 %
Pearl Polymers Ltd29-17.2 %
Niraj Ispat Industries Ltd1811.911.3 %
Technopack Polymers Ltd1411.87.81 %
No bulk or block deals on record.
Ex-dateActionFactor
2024-09-23Annual General Meeting
2023-09-18Annual General Meeting
2022-09-22Annual General Meeting
2021-08-23 Annual General Meeting
2020-12-21 Annual General Meeting
2019-09-18 Annual General Meeting
2018-09-19 Annual General Meeting
2017-09-19 Annual General Meeting/ Dividend- Re 0.50 Per Share
2016-09-20 Annual General Meeting
2015-09-22 Annual General Meeting
2014-09-18Annual General Meeting
2013-09-25Annual General Meeting
2012-09-25Annual General Meeting
2011-09-26Annual General Meeting
2010-09-24Annual General Meeting
2009-09-23Annual General Meeting
2008-09-24Annual General Meeting
2007-09-20Agm
2006-09-25Agm
DateTypeWhat it says
2026-10-02Shareholder meetingVoting results.
2026-09-30Shareholder meetingProceedings of Annual General Meeting held on September 30, 2026
2026-09-07Shareholder meetingNotice of the 33rd AGM and Annual Report for FY 2025-26
2026-09-05Shareholder meetingNotice of Annual General Meeting to be held on September 30, 2026
2026-07-31ResignationResignation of Sonal Gandhi as Company Secretary & Compliance Officer of the company w.e.f. July 31, 2026.
2026-07-27Board meeting outcomeTokyo Plast International Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-06-30AcquisitionIncorporation of Wholly Owned Subsidiary of the Company
2026-05-26UpdatesAnnual Secretarial Compliance Report for the financial year ended March 31, 2026.
2026-05-20Disclosure under SEBI TakeovVelji L. Shah has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acq...
2026-05-14Reply to Clarification- FinaThe Exchange had sought clarification from Tokyo Plast International Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SE...
2026-05-07Clarification - Financial ReThe Exchange has sought clarification from Tokyo Plast International Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SE...
2026-04-29Board meeting outcomeTokyo Plast International Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-01-14Updates.This is with reference to the Financial Results submitted by the Company to the Stock Exchange on 13th January 2026.We wish to inform you that due to...
2026-01-14UpdatesDear Sir / Madam,This is with reference to the Financial Results submitted by the Company to the Stock Exchange on 13th January 2026.We wish to inform...
2026-01-13Board meeting outcomeTokyo Plast International Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2026-01-13Board meeting outcomeBoard meeting held on January 13, 2026.
2025-12-11Shareholder meetingThe EGM of the Company was held on Wednesday, December 10, 2025 at 12:00 PM through Video conferencing (VC) in accordance with guidelines of the Minis...
2025-12-11Shareholder meetingThe EGM of the Company was held on Wednesday, December 10, 2025 at 12:00 PM through Video conferencing (VC) in accordance with guidelines of the Minis...
2025-12-10Shareholder meetingProceedings of Extraordinary General Meeting held on December 10, 2025
2025-11-14Shareholder meetingNotice of Extraordinary General Meeting to be held on December 10, 2025
2025-11-10Board meeting outcomeBoard meeting held on November 10, 2025.
2025-10-15Board meeting outcomeTokyo Plast International Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.
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.
High low price variation greater than 150perc in previous 12 monthsLess than 100 unique PAN traded in previous 30 daysScrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of Tokyo Plast International Ltd?

Tokyo Plast International Ltd (TOKYOPLAST) has a market capitalisation of Rs 68.4 Cr. at the 2026-10-01 close.

What is the P/E ratio of Tokyo Plast International Ltd?

Tokyo Plast International Ltd trades at a P/E of 195 on trailing twelve-month profit, at the 2026-10-01 close.

What were Tokyo Plast International Ltd's latest quarterly results?

In the Jun 2026 quarter, Tokyo Plast International Ltd sales was Rs 20 Cr (+8.9% vs Jun 2025) with a net loss of Rs 0 Cr.

What is the 52-week high and low of Tokyo Plast International Ltd?

The 52-week high is Rs 135.00 and the 52-week low is Rs 53.86.

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