Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹74 Cr.
Stock P/E
117.6
P/B
1.2
Current Price
₹78.1
Book Value
₹ 65.8
Face Value
10
52W High
₹130
52W Low
₹ 53.8
Dividend Yield
0%

Tokyo Plast Intnatl. Overview

Business

Tokyo Plast International Ltd. is an Indian manufacturer of a diverse range of plastic products. Its core business involves the manufacturing and distribution of consumer and industrial plastic goods. The company primarily focuses on segments like water storage tanks, material handling products (such as crates, pallets), agricultural products (like pipes), and household plastic furniture. Tokyo Plast generates revenue by selling these manufactured products to both retail customers (B2C, especially for household items and water tanks) and institutional/industrial clients (B2B, for material handling and agricultural solutions) through its distribution network.

Revenue Mix

While specific revenue contribution percentages are not always explicitly detailed in the public domain, Tokyo Plast's operations can be broadly segmented by product categories:

Water Storage Solutions: This includes various types of water tanks for domestic, industrial, and agricultural use.

Material Handling Products: Comprising plastic crates, pallets, and other storage/transport solutions for industries.

Agricultural Products: Such as plastic pipes and related accessories for irrigation and farming applications.

Household & Furniture: A range of plastic furniture items, storage containers, and other consumer plasticware.

The company's revenue mix is likely diversified across these categories, catering to essential needs (water storage) and industrial/agricultural demands.

Industry

The Indian plastic products industry is highly fragmented, characterized by the presence of numerous organized and unorganized players. It is also cyclical, heavily dependent on raw material prices (crude oil derivatives) and overall economic growth. Tokyo Plast International operates within this competitive landscape, positioning itself as a recognized brand, particularly in specific regional markets and product niches like water tanks and plastic furniture. It competes with both large national players and smaller regional manufacturers, aiming to differentiate through product quality, design, and an established distribution network.

MOAT

Tokyo Plast's competitive advantages are likely derived from:

Established Brand Recognition: Within its operating regions and specific product categories (e.g., water tanks, some furniture items), the company may benefit from a degree of brand recall and trust built over its operational history.

Manufacturing Expertise & Scale: Years of experience in plastic molding and manufacturing processes allow for efficient production and potentially some economies of scale in its specialized product lines.

Distribution Network: An established network of distributors and dealers across its key markets provides reach and access to customers.

Product Diversification: A broad product portfolio reduces reliance on a single product segment, offering some resilience against market fluctuations in specific categories.

Growth Drivers

Rising Disposable Incomes & Urbanization: Increasing incomes and population shift to urban areas will drive demand for household plastic goods, furniture, and water storage solutions.

Infrastructure Development: Government spending on infrastructure, housing, and agriculture will boost demand for plastic pipes, tanks, and material handling solutions.

"Make in India" Initiative: Focus on domestic manufacturing can support local plastic producers by reducing reliance on imports.

Replacement Demand: Existing plastic products have a finite lifespan, creating a recurring replacement market.

Expansion into New Markets/Product Categories: The company can drive growth by increasing its geographical footprint or diversifying its product offerings.

Risks

Raw Material Price Volatility: Plastic products are derivatives of crude oil. Fluctuations in crude oil prices can significantly impact manufacturing costs and profit margins.

Intense Competition: The highly fragmented nature of the industry leads to intense price competition, making it challenging to maintain margins.

Regulatory Scrutiny: Increasing environmental concerns and potential government regulations regarding single-use plastics or waste management could impact product portfolios and operational costs.

Economic Slowdown: A downturn in the broader economy can reduce consumer discretionary spending and industrial demand, affecting sales.

Product Obsolescence & Innovation: Changing consumer preferences and technological advancements necessitate continuous product innovation, posing a risk if the company fails to adapt.

Management & Ownership

Tokyo Plast International Ltd. is likely a promoter-led company, a common structure among mid-sized Indian businesses. The promoter group typically holds a significant stake in the company, guiding its strategic direction and operations. Management quality would depend on their ability to navigate raw material price volatility, manage competition, innovate, and expand market share effectively within the challenging plastics sector. Decisions often balance long-term vision with short-term operational efficiencies.

Outlook

Tokyo Plast International Ltd. operates in an essential industry benefiting from India's demographic tailwinds, urbanization, and sustained infrastructure development. The consistent demand for basic household plastic goods, water storage solutions, and industrial/agricultural plastics provides a stable revenue base. However, the company faces inherent challenges from raw material price volatility, intense competition, and increasing environmental regulations which can pressure margins and require agile strategic responses. Its ability to innovate, expand its distribution network, and manage costs effectively will be crucial for sustained growth in this dynamic sector.

Tokyo Plast Intnatl. Share Price

Live · BSE / NSE · Inception: 1992
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Tokyo Plast Intnatl. Quarterly Results

#(Fig in Cr.) Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 17 18 18 19 17 18 21 17 23 20
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 17 18 18 19 17 18 21 17 23 20
Total Expenditure 16 16 17 18 15 17 19 16 21 19
Operating Profit 1 2 2 1 2 2 2 2 2 1
Interest 0 0 0 0 1 1 1 1 1 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 0 0 0 0 1 0 1 -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 1 -0 0 -0
Adjustments 0 0 0 0 0 0 0 0 -0 0
Profit After Adjustments -0 0 0 0 0 0 1 -0 0 -0
Adjusted Earnings Per Share -0.1 0.4 0.4 0.1 0.5 0.1 0.7 -0.1 0 -0.2

Tokyo Plast Intnatl. Profit & Loss

#(Fig in Cr.) Mar 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 57 58 72 65 53 61 63 80 66 72 79 81
Other Income 2 3 3 2 1 0 0 1 1 2 0 0
Total Income 59 61 75 67 54 61 63 81 67 75 79 81
Total Expenditure 51 51 62 58 54 57 59 77 62 68 72 75
Operating Profit 8 10 13 9 0 4 4 4 5 7 7 7
Interest 2 3 2 1 1 1 1 1 1 2 3 3
Depreciation 2 2 2 3 2 3 3 3 3 3 3 4
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 3 5 9 5 -4 -0 0 -0 1 2 1 1
Provision for Tax -1 1 2 1 0 -1 -0 -0 0 0 0 0
Profit After Tax 4 4 7 4 -4 1 0 -0 1 1 1 1
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 4 4 7 4 -4 1 0 -0 1 1 1 1
Adjusted Earnings Per Share 4.1 4.6 7.8 4.3 -4.3 0.7 0.1 -0.2 1.1 1.4 0.7 0.4

Tokyo Plast Intnatl. Balance Sheet

#(Fig in Cr.) Mar 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 42 49 57 60 56 57 57 58 60 62 63
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 2 1 0 0 0 0 0 0 0 0 11
Other Non-Current Liabilities -0 0 1 1 2 2 3 5 5 5 4
Total Current Liabilities 29 25 25 24 29 20 24 23 26 36 57
Total Liabilities 72 75 82 86 87 79 85 86 91 103 135
Fixed Assets 13 13 12 11 11 11 14 17 39 40 39
Other Non-Current Assets 23 26 25 24 16 11 12 12 8 17 34
Total Current Assets 35 37 45 50 60 57 59 57 44 46 56
Total Assets 72 75 82 86 87 79 85 86 91 103 135

Tokyo Plast Intnatl. Cash Flow

#(Fig in Cr.) Mar 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 2 0 2 1 1 5 4 1 1 1 1
Cash Flow from Operating Activities 1 10 5 4 2 9 1 4 9 5 9
Cash Flow from Investing Activities -0 -2 -5 -0 -3 -2 -4 -3 -12 -12 -24
Cash Flow from Financing Activities -1 -6 -3 -3 4 -8 1 -1 4 6 19
Net Cash Inflow / Outflow -0 2 -2 0 4 -1 -2 -0 1 -0 4
Closing Cash & Cash Equivalent 1 2 1 1 5 4 1 1 1 1 5

Tokyo Plast Intnatl. Ratios

# Mar 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) 4.08 4.56 7.78 4.25 -4.3 0.75 0.13 -0.16 1.06 1.38 0.66
CEPS(Rs) 6.49 6.88 10.36 6.92 -1.75 3.68 2.96 2.92 3.99 4.5 3.87
DPS(Rs) 0 0 0.5 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 43.69 51.9 59.67 63.42 59.04 59.83 60.46 61.24 63.3 64.77 65.98
Core EBITDA Margin(%) 10.36 12.5 14.37 10.58 -2.07 6.28 5.39 3.67 6.5 6.21 8.76
EBIT Margin(%) 9.85 13.3 15.09 9.85 -4.38 1.75 1.35 1.28 3.54 5.29 4.96
Pre Tax Margin(%) 5.6 8.96 12.34 7.63 -6.87 -0.01 0.16 -0.3 1.79 2.36 1.36
PAT Margin (%) 6.79 7.44 10.24 6.18 -7.71 1.17 0.18 -0.18 1.4 1.81 0.79
Cash Profit Margin (%) 10.8 11.24 13.64 10.07 -3.14 5.74 4.28 3.22 5.29 5.9 4.64
ROA(%) 5.53 5.88 9.38 4.82 -4.75 0.86 0.15 -0.18 1.13 1.36 0.53
ROE(%) 9.8 9.54 13.94 6.91 -7.02 1.26 0.21 -0.27 1.69 2.16 1.01
ROCE(%) 9.36 12.04 15.8 8.78 -3.1 1.48 1.26 1.53 3.38 4.69 4.03
Receivable days 68.65 69.15 77.29 113.64 137.83 108.24 106.88 80.62 83.51 77.94 68.38
Inventory Days 45.27 45.15 31.17 30.55 64.42 100.67 111.15 90.24 100.9 82.19 83.8
Payable days 84.79 69.56 58.87 62.86 69.23 54.74 42.65 32.22 30.48 27.87 56.93
PER(x) 3.07 9.6 14.65 18.85 0 78.85 550.31 0 91.53 91.35 86.56
Price/Book(x) 0.29 0.84 1.91 1.26 0.9 0.99 1.16 1.47 1.53 1.95 0.87
Dividend Yield(%) 0 0 0.44 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.56 0.94 1.71 1.37 1.22 1.07 1.26 1.25 1.62 1.98 1.21
EV/Core EBITDA(x) 4.03 5.5 9.22 9.99 610.04 16.87 22.18 24.71 20.19 21.16 13.69
Net Sales Growth(%) 11.48 1.8 24.07 -9.46 -18.93 14.85 3.35 27.1 -16.97 9.2 9.44
EBIT Growth(%) 52.69 37.45 40.78 -40.9 -136.01 146 -16.89 24.54 129.74 51.14 2.61
PAT Growth(%) 348.32 11.63 70.69 -45.33 -201.13 117.4 -83 -228.21 747.27 31.04 -52.03
EPS Growth(%) 348.33 11.63 70.69 -45.33 -201.13 117.4 -83 -228.22 747.09 31.05 -52.03
Debt/Equity(x) 0.51 0.33 0.27 0.24 0.34 0.22 0.24 0.26 0.28 0.4 0.74
Current Ratio(x) 1.23 1.47 1.82 2.08 2.09 2.85 2.45 2.5 1.69 1.26 0.98
Quick Ratio(x) 0.99 1.17 1.61 1.83 1.64 1.81 1.65 1.48 1.07 0.81 0.63
Interest Cover(x) 2.32 3.07 5.48 4.44 -1.75 0.99 1.13 0.81 2.03 1.81 1.38
Total Debt/Mcap(x) 1.78 0.4 0.14 0.19 0.38 0.22 0.21 0.17 0.19 0.21 0.85

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +10% 0% +5% +3%
Operating Profit CAGR 0% +21% +12% -1%
PAT CAGR 0% — 0% -13%
Share Price CAGR -38% -9% -5% +1%
ROE Average +1% +2% +1% +4%
ROCE Average +4% +4% +3% +5%

Tokyo Plast Intnatl. Shareholding Pattern

Latest · Sep 2026
100% held
Promoters 68.89 %
FII 0 %
DII (MF + Insurance) 0 %
Public (retail) 31.11 %
# Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sep 2026
Promoter 63.8464.2965.3766.8766.9868.1868.868.8268.8968.89
FII 00.01000.0100000
DII 0000000000
Public 36.1635.734.6333.1333.0131.8231.231.1831.1131.11
Others 0000000000
Total 100100100100100100100100100100

Tokyo Plast Intnatl. Peer Comparison

Plastic Products Edit Columns

Tokyo Plast Intnatl. Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Tokyo Plast Intnatl. Pros & Cons

Pros

Cons

  • Company has a low return on equity of 2% over the last 3 years.
  • Debtor days have increased from 27.87 to 56.93days.
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