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Ecoplast

₹369.8 15.5 | 4.4%

Market Cap ₹111 Cr.

Stock P/E 11.4

P/B 2.8

Current Price ₹369.8

Book Value ₹ 131.3

Face Value 10

52W High ₹399.9

Dividend Yield 0.41%

52W Low ₹ 85

Ecoplast Research see more...

Overview Inc. Year: 1981Industry: Plastic Products

Ecoplast Share Price

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Ecoplast Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 24 24 26 26 20 23 27 25 30 28
Other Income 0 0 0 0 1 0 2 1 0 0
Total Income 24 24 26 26 21 23 29 26 30 29
Total Expenditure 25 23 25 26 20 22 24 23 26 26
Operating Profit -0 1 1 1 1 2 6 3 4 3
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 1 1 1 1 1 1 1 1 1 1
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -1 0 -0 -0 1 1 5 3 4 3
Provision for Tax -0 -0 -0 -0 0 0 2 1 1 1
Profit After Tax -1 1 0 -0 1 1 3 2 3 2
Adjustments 0 -0 0 0 0 0 0 0 0 0
Profit After Adjustments -1 1 0 -0 1 1 3 2 3 2
Adjusted Earnings Per Share -4.4 1.8 1 -1 1.8 3 11 5.9 9.4 6.2

Ecoplast Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 79 88 100 102 105 104 102 99 76 94 96 110
Other Income 0 0 0 0 1 2 1 1 1 1 4 3
Total Income 79 89 100 102 106 106 102 100 76 95 100 114
Total Expenditure 73 82 94 95 98 97 95 92 72 94 91 99
Operating Profit 7 6 7 8 8 9 7 8 4 1 10 16
Interest 2 2 2 2 2 2 2 1 1 1 1 0
Depreciation 2 2 2 2 2 2 2 2 3 3 2 4
Exceptional Income / Expenses -1 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 2 3 2 4 4 5 4 5 0 -3 6 15
Provision for Tax 1 1 1 1 1 2 1 2 0 -1 2 5
Profit After Tax 1 2 1 3 3 4 3 4 0 -2 4 10
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 1 2 1 3 3 4 3 4 0 -2 4 10
Adjusted Earnings Per Share 4 5.6 4.7 9.1 9.9 11.7 9.6 11.8 1 -5.9 14.8 32.5

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 2% -1% -2% 2%
Operating Profit CAGR 900% 8% 2% 4%
PAT CAGR 0% 0% 0% 15%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 311% 69% 29% 28%
ROE Average 14% 3% 6% 9%
ROCE Average 19% 6% 9% 13%

Ecoplast Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 17 18 19 22 24 27 29 32 32 29 33
Minority's Interest -0 0 0 0 0 0 0 0 0 0 0
Borrowings 4 3 4 3 4 2 1 4 5 3 0
Other Non-Current Liabilities 2 2 1 1 2 2 1 1 1 0 1
Total Current Liabilities 22 26 21 19 23 18 17 18 14 23 9
Total Liabilities 44 49 46 45 52 49 48 54 51 54 44
Fixed Assets 15 15 14 14 16 15 14 18 17 16 15
Other Non-Current Assets 1 1 1 1 2 2 2 2 2 2 1
Total Current Assets 27 32 31 30 35 32 32 35 32 36 27
Total Assets 44 49 46 45 52 49 48 54 51 54 44

Ecoplast Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 3 1 1 0 1 1 1 1 0 0 1
Cash Flow from Operating Activities 3 2 5 6 3 7 5 6 9 -2 15
Cash Flow from Investing Activities -1 -1 -1 -2 -4 -0 -2 -8 -1 -2 1
Cash Flow from Financing Activities -4 -1 -5 -5 1 -6 -3 2 -7 4 -13
Net Cash Inflow / Outflow -2 1 -1 0 0 1 -1 -0 0 1 2
Closing Cash & Cash Equivalent 1 1 0 1 1 1 1 0 0 1 3

Ecoplast Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 4.01 5.64 4.71 9.12 9.87 11.7 9.64 11.76 1.04 -5.9 14.82
CEPS(Rs) 8.59 11 11.91 15.87 16.97 18.9 17.32 19.98 9.78 2.97 22.99
DPS(Rs) 1.2 1.2 1.2 1.5 1.2 1.5 1.5 1.5 1.5 0 1.5
Book NAV/Share(Rs) 56.44 60.68 64.82 72.14 79.36 89.73 96.93 106.37 105.79 95.65 111.02
Core EBITDA Margin(%) 7.01 6.22 5.53 6.52 6.01 6.54 6.51 7 4.37 0.31 5.82
EBIT Margin(%) 4.93 4.84 3.92 5.04 4.97 6.38 5.03 6.02 1.87 -1.61 7.32
Pre Tax Margin(%) 2.15 2.58 1.97 3.59 3.26 4.9 3.49 5.14 0.38 -2.73 6.39
PAT Margin (%) 1.14 1.72 1.27 2.41 2.52 3.27 2.83 3.54 0.27 -1.86 4.59
Cash Profit Margin (%) 2.95 3.35 3.22 4.19 4.33 5.29 5.08 6.01 3.86 0.94 7.12
ROA(%) 2.37 3.65 2.99 6.06 6.13 6.96 5.94 6.88 0.38 -3.35 9.06
ROE(%) 6.03 9.63 7.51 13.32 13.02 13.84 10.33 11.57 0.64 -5.86 14.34
ROCE(%) 13.34 14.21 12.62 17.11 16.29 18.04 13.6 14.52 3.38 -3.73 18.51
Receivable days 54.61 60.67 58.62 57.14 58.94 64.15 61.13 69 98.24 77.18 60.17
Inventory Days 38.13 41.68 36.31 33.31 35.58 42.07 43.94 41.61 49.72 44.66 44.17
Payable days 41.35 52.67 45.72 44.27 46.31 46.79 41.19 42.35 55.65 41.83 37.52
PER(x) 8.31 5.05 9.34 8.33 9.08 11.75 10.67 7.81 72.49 0 5.4
Price/Book(x) 0.59 0.47 0.68 1.05 1.13 1.53 1.06 0.86 0.71 0.99 0.72
Dividend Yield(%) 3.6 4.21 2.73 1.97 1.34 1.09 1.46 1.63 2 0 1.88
EV/Net Sales(x) 0.31 0.27 0.27 0.33 0.39 0.49 0.39 0.4 0.4 0.43 0.23
EV/Core EBITDA(x) 3.65 3.81 4.16 4.36 5.14 5.59 5.29 4.69 7.26 36.19 2.35
Net Sales Growth(%) 30.31 12.14 12.77 2.36 2.99 -1.39 -2.11 -2.85 -23.3 24.47 2.18
EBIT Growth(%) 9.86 10.43 -8.52 31.59 1.83 17.29 -24.95 16.84 -76.3 -207.41 563.97
PAT Growth(%) 13.24 69.66 -16.48 93.67 8.13 18.58 -17.56 21.99 -94.25 -971.82 351.18
EPS Growth(%) -22.65 40.84 -16.48 93.67 8.13 18.58 -17.56 21.99 -91.19 -669.05 351.18
Debt/Equity(x) 0.88 0.93 0.74 0.53 0.62 0.39 0.31 0.4 0.25 0.47 0.03
Current Ratio(x) 1.27 1.25 1.44 1.56 1.52 1.76 1.88 1.97 2.36 1.57 2.95
Quick Ratio(x) 0.78 0.79 0.96 1 0.98 1.09 1.16 1.37 1.61 1 1.81
Interest Cover(x) 1.77 2.14 2.01 3.48 2.92 4.3 3.27 6.84 1.26 -1.44 7.92
Total Debt/Mcap(x) 1.49 1.99 1.09 0.51 0.55 0.25 0.3 0.46 0.36 0.48 0.04

Ecoplast Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 66.83 66.83 66.83 66.83 66.83 68.4 68.7 68.7 68.7 68.7
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 33.17 33.17 33.17 33.17 33.17 31.6 31.3 31.3 31.3 31.3
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Debtor days have improved from 41.83 to 37.52days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 3% over the last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Ecoplast News

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Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

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Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

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