Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹401 Cr.
Stock P/E
7
P/B
0.7
Current Price
₹334.2
Book Value
₹ 471.3
Face Value
10
52W High
₹532
52W Low
₹ 317.2
Dividend Yield
2.99%

Wim Plast Overview

Business

Wim Plast Ltd. is engaged in the manufacturing and sale of plastic products. While specific product details are not provided, companies in this industry typically produce a range of items that can include household plastic goods (e.g., furniture, storage solutions, kitchenware), industrial plastic components, packaging materials, or other utility plastic items. The company's core business model involves sourcing raw materials (primarily various polymers), manufacturing finished goods through processes like injection molding or extrusion, and then distributing these products to various end-user markets, which may include direct consumers, retailers, or industrial clients. Revenue is generated through the sale of these manufactured plastic products.

Revenue Mix

Information regarding specific key business segments or a detailed revenue mix for Wim Plast Ltd. is not available from the provided data. Companies in the plastic products sector might typically categorize their revenue by product type (e.g., consumer plastics, industrial plastics, packaging) or by end-use application, but without specific financial reports, this breakdown cannot be determined.

Industry

The plastic products industry in India is characterized by its diversity and fragmentation. It encompasses a wide array of products serving various sectors such as consumer goods, automotive, construction, packaging, and agriculture. The industry is highly competitive, with numerous small, medium, and large-scale players. Key competitive factors include product design, quality, pricing, distribution network, and manufacturing efficiency. Wim Plast Ltd. operates within this competitive landscape, likely focusing on specific niches or product categories where it can leverage its manufacturing capabilities and distribution channels. Its positioning relative to peers would depend on its market share in its chosen product lines, brand recognition (if applicable), and cost competitiveness.

MOAT

Given the general nature of the plastic products industry and without specific information on Wim Plast Ltd.'s unique attributes, it is difficult to identify a strong, durable competitive advantage (moat). Many companies in this sector compete primarily on cost, product variety, and distribution. Potential sources of competitive advantage could include:

Operational Efficiency/Scale: Large-scale manufacturing and efficient processes can lead to cost leadership.

Distribution Network: An extensive and efficient distribution network can ensure product availability.

Brand Recognition: For consumer-facing products, a strong brand can command loyalty and premium pricing.

Product Specialization/Innovation: Focusing on niche, high-value, or innovative plastic solutions.

However, without specific details, it is reasonable to assume that the company operates in a largely competitive environment where moats are challenging to build and sustain unless it possesses distinct capabilities in one of these areas.

Growth Drivers

Several factors could drive growth for Wim Plast Ltd. over the next 3-5 years:

Rising Domestic Consumption: India's growing population, increasing disposable incomes, and urbanization are leading to higher demand for consumer goods, including plastic household items, furniture, and packaging.

Industrial Growth: Expansion in manufacturing, automotive, construction, and infrastructure sectors will drive demand for industrial plastic components and materials.

Substitution Trend: Plastics continue to replace traditional materials like metal, wood, and glass in various applications due to advantages in cost, weight, durability, and design flexibility.

Export Opportunities: Potential to tap into international markets, particularly in developing economies, for plastic products.

Product Diversification: Expanding into new product categories or specialized plastics with higher growth potential.

Risks

Wim Plast Ltd. faces several key business risks:

Raw Material Price Volatility: The primary raw materials for plastic products (polymers like polypropylene, polyethylene, PVC) are derivatives of crude oil, making their prices susceptible to global oil price fluctuations. This can significantly impact manufacturing costs and profit margins.

Intense Competition: The fragmented nature of the Indian plastic products industry leads to intense price competition, which can put pressure on sales volumes and profitability.

Environmental Regulations: Increasing concerns about plastic waste, single-use plastics, and pollution may lead to stricter environmental regulations, bans, or taxes, potentially impacting certain product lines or increasing compliance costs.

Economic Downturns: A general slowdown in the Indian economy could reduce consumer spending and industrial demand, negatively affecting sales.

Technological Changes: The emergence of new materials or manufacturing technologies could render existing processes or products less competitive.

Supply Chain Disruptions: Global or local disruptions in the supply chain for raw materials or distribution can impact production and sales.

Management & Ownership

As is common with many Indian companies, Wim Plast Ltd. is likely promoter-driven, meaning the founding family or group holds a significant equity stake and plays a crucial role in the management and strategic direction of the company. Specific details about the promoters' background, the quality of the management team, or the exact ownership structure are not provided. The ownership structure typically includes a promoter group holding, institutional investors, and public shareholders. The effectiveness of governance and strategic execution would largely depend on the experience and vision of the promoter group and the professional management team.

Outlook

Wim Plast Ltd. operates in an industry with fundamental long-term growth drivers stemming from India's economic development and consumption patterns. The increasing demand for packaged goods, consumer durables, and various industrial applications continues to fuel the plastics sector. However, the company faces significant challenges, including volatile raw material costs, an intensely competitive market, and evolving environmental regulations. Its ability to navigate these risks, maintain operational efficiency, potentially diversify its product portfolio into higher-growth or more sustainable segments, and adapt to changing regulatory landscapes will be crucial. Success will likely hinge on a balanced strategy of cost management, product innovation, effective distribution, and compliance with environmental norms to capitalize on the underlying demand for plastic products in India.

Wim Plast Share Price

Live · BSE / NSE · Inception: 1988
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Wim Plast 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 80 87 98 90 78 93 106 90 84 83
Other Income 9 6 7 6 7 5 7 11 6 7
Total Income 88 93 105 96 85 99 113 101 90 91
Total Expenditure 66 72 80 74 66 77 86 76 71 70
Operating Profit 22 20 24 22 19 21 27 25 19 20
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 3 3 3 3 3 3 3 3 3 3
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 -1
Profit Before Tax 19 17 21 19 16 18 24 22 16 17
Provision for Tax 4 4 5 5 4 5 6 5 4 4
Profit After Tax 15 13 16 15 11 14 18 17 13 13
Adjustments -0 0 0 0 -0 -0 -0 -0 0 0
Profit After Adjustments 15 13 16 15 11 14 18 17 13 13
Adjusted Earnings Per Share 12.2 10.7 13.6 12.1 9.5 11.3 14.7 14.1 10.5 10.7

Wim Plast Profit & Loss

#(Fig in Cr.) Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 352 388 373 322 268 319 331 343 367 363
Other Income 2 2 2 8 7 11 11 25 25 31
Total Income 354 389 375 329 276 330 342 368 392 395
Total Expenditure 269 307 298 255 215 267 272 282 303 303
Operating Profit 85 82 76 75 61 63 70 86 89 91
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 12 15 17 18 18 16 14 12 12 12
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 -1
Profit Before Tax 73 67 59 56 42 47 56 74 77 79
Provision for Tax 24 23 20 11 10 12 14 18 20 19
Profit After Tax 49 44 39 45 32 35 42 56 57 61
Adjustments 0 0 0 0 0 0 -0 0 0 0
Profit After Adjustments 49 45 39 45 32 35 42 56 57 61
Adjusted Earnings Per Share 40.5 37.1 32.7 37.6 26.7 29.1 34.7 46.4 47.6 50

Wim Plast Balance Sheet

#(Fig in Cr.) Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 262 297 326 351 383 412 444 489 535
Minority's Interest 0 0 -0 -0 -0 -1 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 8 11 13 9 10 9 9 9 9
Total Current Liabilities 33 34 25 33 34 25 34 31 29
Total Liabilities 303 342 364 393 425 446 486 530 572
Fixed Assets 113 125 135 128 117 102 77 75 73
Other Non-Current Assets 6 4 5 40 39 40 54 61 37
Total Current Assets 184 214 224 225 269 304 340 393 462
Total Assets 303 342 364 393 425 446 486 530 572

Wim Plast Cash Flow

#(Fig in Cr.) Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 24 13 8 4 4 5 3 1 7
Cash Flow from Operating Activities 49 25 51 68 40 26 63 48 57
Cash Flow from Investing Activities -60 -19 -46 -47 -38 -21 -55 -32 -42
Cash Flow from Financing Activities 0 -10 -10 -21 -0 -6 -10 -10 -12
Net Cash Inflow / Outflow -11 -5 -5 -0 2 -1 -2 6 4
Closing Cash & Cash Equivalent 13 8 4 4 5 3 1 7 11

Wim Plast Ratios

# Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 40.47 37.1 32.69 37.55 26.75 29.13 34.73 46.43 47.59
CEPS(Rs) 50.41 49.75 46.7 52.85 41.62 42.49 46.74 56.35 57.58
DPS(Rs) 7 7 7 7 5 8 8.5 10 10
Book NAV/Share(Rs) 218.54 247.24 271.48 292.05 318.73 343.35 370.04 407.79 445.57
Core EBITDA Margin(%) 21.01 20.43 18.96 19.98 19.87 16.14 17.47 17.29 17.05
EBIT Margin(%) 18.57 16.98 15.18 16.8 15.89 14.49 16.49 20.92 20.54
Pre Tax Margin(%) 18.51 16.94 15.13 16.73 15.82 14.45 16.46 20.89 20.51
PAT Margin (%) 12.4 11.24 10.01 13.48 11.92 10.73 12.38 15.83 15.22
Cash Profit Margin (%) 15.45 15.1 14.3 19.03 18.62 15.76 16.62 19.21 18.41
ROA(%) 16.01 13.77 11.11 11.88 7.82 7.97 8.97 10.97 10.37
ROE(%) 18.51 15.9 12.6 13.29 8.72 8.74 9.77 11.94 11.15
ROCE(%) 27.72 24.02 19.12 16.56 11.63 11.8 13.01 15.78 15.05
Receivable days 47.52 55.03 67.3 78.17 90.97 78.23 78.68 82.92 78.01
Inventory Days 73 83.66 93.62 107.6 137.13 115.55 104.96 87.39 70.99
Payable days 27.34 23.57 23.42 28.31 33.84 25.17 27.48 35.13 38.31
PER(x) 37.45 31.23 17.18 6.95 16.24 13.63 11.15 10.75 9.67
Price/Book(x) 6.94 4.69 2.07 0.89 1.36 1.16 1.05 1.22 1.03
Dividend Yield(%) 0.46 0.6 1.25 2.68 1.15 2.01 2.19 2 2.17
EV/Net Sales(x) 5.13 3.57 1.8 0.96 1.92 1.48 1.39 1.72 1.43
EV/Core EBITDA(x) 21.33 16.78 8.78 4.16 8.52 7.45 6.55 6.89 5.88
Net Sales Growth(%) 0 10.25 -3.9 -13.68 -16.59 18.83 3.72 3.7 7.16
EBIT Growth(%) 0 -7.68 -11.36 -5.88 -23.91 10.08 18.72 32.26 4.67
PAT Growth(%) 0 -8.47 -11.73 14.53 -28.83 8.58 20.43 33.26 2.51
EPS Growth(%) 0 -8.33 -11.88 14.85 -28.77 8.89 19.24 33.68 2.51
Debt/Equity(x) 0 0 0 0 0 0 0 0 0
Current Ratio(x) 5.62 6.23 8.98 6.75 8 12.01 9.96 12.64 16.1
Quick Ratio(x) 3.23 3.23 5.04 3.79 4.94 7.99 7.25 10.19 13.66
Interest Cover(x) 355.6 418.82 348.41 225.56 238.46 333.62 506.27 708.24 867.22
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +7% +5% +3% —
Operating Profit CAGR +3% +12% +3% —
PAT CAGR +2% +18% +5% —
Share Price CAGR -32% -22% -7% -14%
ROE Average +11% +11% +10% +12%
ROCE Average +15% +15% +13% +17%

Wim Plast Shareholding Pattern

Latest · Mar 2026
100% held
Promoters 55.99 %
FII 0 %
DII (MF + Insurance) 3.81 %
Public (retail) 40.2 %
# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 55.9955.9955.9955.9955.9955.9955.9955.9955.9955.99
FII 0000000000
DII 3.823.823.823.823.813.813.813.813.813.81
Public 40.1940.1940.1940.1940.240.240.240.240.240.2
Others 0000000000
Total 100100100100100100100100100100

Wim Plast Peer Comparison

Plastic Products Edit Columns

Wim Plast Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Wim Plast Pros & Cons

Pros

  • Stock is trading at 0.7 times its book value
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 11% over the last 3 years.
  • Debtor days have increased from 35.13 to 38.31days.
  • The company has delivered a poor profit growth of 4% over past five years.
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