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Ashish Polyplast Overview

Ashish Polyplast Ltd. is an Indian publicly listed company incorporated in 1982 and headquartered in Gurugram, Haryana. The company operates in the plastic products and packaging sector, with a core focus on the manufacturing of a wide range of plastic molded and extruded products. Its product offerings include plastic crates, pallets, storage bins, containers, material handling solutions and other industrial‑grade plastic products used across sectors such as logistics, warehousing, manufacturing, agriculture and retail. Ashish Polyplast emph...Read More

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Ashish Polyplast Key Financials

Market Cap ₹10 Cr.

Stock P/E 39.7

P/B 1.4

Current Price ₹28.9

Book Value ₹ 21.1

Face Value 10

52W High ₹46

Dividend Yield 0%

52W Low ₹ 26.2

Ashish Polyplast Share Price

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Volume
Price

Ashish Polyplast Quarterly Price

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Ashish Polyplast Peer Comparison

Ashish Polyplast Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 4 4 4 4 3 4 4 4 4 4
Other Income 0 0 0 0 0 0 -0 0 -0 0
Total Income 4 4 4 5 4 4 3 4 4 4
Total Expenditure 4 4 4 4 3 4 4 4 4 3
Operating Profit 0 1 0 1 0 0 -0 1 -0 0
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 0 0 0 0 -0 0 -0 0
Provision for Tax 0 0 0 0 0 -0 -0 0 -0 0
Profit After Tax 0 0 0 0 0 0 -0 0 -0 0
Adjustments 0 0 0 0 0 0 0 0 -0 0
Profit After Adjustments 0 0 0 0 0 0 -0 0 -0 0
Adjusted Earnings Per Share 0.4 1.2 0.2 1 0.9 0.1 -1.2 1.2 -0.2 0.4

Ashish Polyplast Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 11 11 12 13 14 13 13 16 16 16 16 16
Other Income 0 0 0 0 0 0 0 0 0 1 0 0
Total Income 11 11 12 13 14 13 13 16 16 17 16 15
Total Expenditure 10 10 12 12 13 12 12 16 15 15 15 15
Operating Profit 1 1 1 1 1 0 1 1 1 1 1 1
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 -0 0 0 0 0 0 0 0
Profit Before Tax 0 0 0 0 0 0 0 0 0 1 0 0
Provision for Tax 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Tax 0 0 0 0 0 0 0 0 0 1 0 0
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 0 0 0 0 0 0 0 1 0 0
Adjusted Earnings Per Share 0.3 0.3 0.5 0.6 0.3 0.4 1 0.9 0.6 2.5 0.7 0.2

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% 0% 4% 4%
Operating Profit CAGR 0% 0% 0% 0%
PAT CAGR -100% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -24% 17% 27% 10%
ROE Average 4% 7% 7% 5%
ROCE Average 7% 9% 9% 7%

Ashish Polyplast Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 5 5 4 5 5 5 5 5 6 6 7
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 0 0 0 0 0 0 0 0
Total Current Liabilities 3 2 3 2 2 2 1 2 2 1 1
Total Liabilities 8 8 8 7 7 7 7 8 8 8 8
Fixed Assets 2 2 2 2 2 2 2 2 3 2 2
Other Non-Current Assets 1 1 1 1 1 1 1 1 1 2 3
Total Current Assets 5 5 5 5 4 4 3 4 4 4 3
Total Assets 8 8 8 7 7 7 7 8 8 8 8

Ashish Polyplast Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 0 0 0 0 0 0 1
Cash Flow from Operating Activities 0 1 -0 1 1 1 0 0 1 2 1
Cash Flow from Investing Activities -0 -0 -0 -0 -1 -0 -0 -1 -1 -0 -1
Cash Flow from Financing Activities -0 -1 0 -0 -1 -0 -0 1 0 -1 -0
Net Cash Inflow / Outflow -0 0 -0 -0 -0 0 0 0 0 0 -1
Closing Cash & Cash Equivalent 0 0 0 0 0 0 0 0 0 1 0

Ashish Polyplast Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.34 0.3 0.49 0.63 0.33 0.45 0.97 0.95 0.56 2.48 0.73
CEPS(Rs) 0.85 0.81 1.04 1.2 0.91 1.05 1.6 1.61 1.33 3.31 1.58
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 13.55 13.85 12.76 13.4 13.75 14.22 15.17 16.07 16.57 19.08 19.77
Core EBITDA Margin(%) 4.16 4.28 4.2 4.16 4.24 3.47 3.39 3.72 3.71 3.8 3.87
EBIT Margin(%) 3.15 2.93 3.06 3 2.33 2.02 3.62 3.63 2.29 6.71 2.9
Pre Tax Margin(%) 1.24 1.43 1.74 1.85 1.5 1.22 3.32 2.97 1.61 6.03 2.35
PAT Margin (%) 0.97 0.81 1.21 1.62 0.78 1.18 2.57 1.96 1.16 5.2 1.53
Cash Profit Margin (%) 2.41 2.21 2.57 3.05 2.18 2.78 4.24 3.34 2.78 6.95 3.31
ROA(%) 1.55 1.33 2.21 2.9 1.56 2.25 5 4.58 2.45 10.35 3.02
ROE(%) 2.54 2.16 3.7 4.85 2.4 3.21 6.63 6.06 3.41 13.9 3.75
ROCE(%) 5.86 6 7.18 6.64 5.63 4.64 8.41 9.92 5.49 15.64 6.85
Receivable days 56.17 55.54 52.78 60.9 55.21 56.04 46.23 31.88 32.77 29.92 25.85
Inventory Days 76.3 79.5 70.86 71.34 62.46 59.02 56.87 49.6 50.51 41.61 32.79
Payable days 19.64 35.14 33.34 23.57 19.66 19.74 17.85 12.28 12.17 18.64 18.72
PER(x) 17.85 40.64 36.62 22.37 26.29 7.8 10.16 56.57 23.92 10.88 52.89
Price/Book(x) 0.45 0.87 1.41 1.06 0.62 0.25 0.65 3.33 0.8 1.41 1.95
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.35 0.45 0.63 0.49 0.28 0.15 0.29 1.18 0.35 0.55 0.82
EV/Core EBITDA(x) 6.72 9.25 12.58 10.71 6.4 4.04 5.45 23.25 8.88 6.36 17.23
Net Sales Growth(%) 18.81 3.33 10.94 4.94 8.81 -8.78 -0.07 27.73 -1.28 -0.57 0.46
EBIT Growth(%) 9.89 -3.67 15.92 -5.22 -17.43 -21.19 79.29 27.92 -37.5 191.62 -56.71
PAT Growth(%) -26.37 -13.57 66.48 29.13 -48.72 37.91 116.94 -2.81 -41.14 344.59 -70.56
EPS Growth(%) -26.36 -13.58 66.47 29.14 -48.72 37.89 116.97 -2.81 -41.14 344.56 -70.55
Debt/Equity(x) 0.38 0.23 0.38 0.33 0.21 0.15 0.08 0.19 0.26 0.05 0.03
Current Ratio(x) 1.88 2.08 1.75 2.05 2.28 2.37 3.01 2.21 2.13 2.8 2.74
Quick Ratio(x) 0.88 0.93 0.83 0.97 1.1 1.2 1.22 0.9 0.97 1.61 1.41
Interest Cover(x) 1.65 1.95 2.32 2.62 2.83 2.54 12.1 5.44 3.35 9.8 5.25
Total Debt/Mcap(x) 0.84 0.26 0.27 0.31 0.34 0.6 0.12 0.06 0.33 0.03 0.02

Ashish Polyplast Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 62.09 62.09 62.09 62.09 62.09 62.09 62.09 62.09 62.09 62.09
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 37.91 37.91 37.91 37.91 37.91 37.91 37.91 37.91 37.91 37.91
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Ashish Polyplast News

Ashish Polyplast Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of 7% over the last 3 years.
  • Debtor days have increased from 18.64 to 18.72days.
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