Plastene India
No trades in 1Y
Key Insights
No strengths listed
Weaknesses
3- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 3.98% over past five years.
- Company has a low return on equity of 6.68% over last 3 years.
Growth Rate
From the financial statements below. 5Y, 3Y: compound annual growth to Mar 2025; 1Y: fiscal year to Mar 2025 against Mar 2024.
Revenue
| 5Y | +3.96% |
|---|---|
| 3Y | +1.04% |
| 1Y | +17.80% |
Net profit
| 5Y | −9.71% |
|---|---|
| 3Y | −9.14% |
| 1Y | −76.92% |
Operating cash flow
| 5Y | — |
|---|---|
| 3Y | Turned positive |
| 1Y | +130.43% |
5Y: The statements do not go back far enough for this window.
Operating margin· change in pp
| 5Y | +2.10 pp |
|---|---|
| 3Y | +2.89 pp |
| 1Y | +1.49 pp |
Trailing twelve months: No quarterly results are reported.
Revenue by year
| Mar 2020 | ₹485 Cr |
|---|---|
| Mar 2021 | ₹425 Cr |
| Mar 2022 | ₹571 Cr |
| Mar 2023 | ₹516 Cr |
| Mar 2024 | ₹500 Cr |
| Mar 2025 | ₹589 Cr |
Net profit by year
| Mar 2020 | ₹5.00 Cr |
|---|---|
| Mar 2021 | ₹8.00 Cr |
| Mar 2022 | ₹4.00 Cr |
| Mar 2023 | ₹7.00 Cr |
| Mar 2024 | ₹13.00 Cr |
| Mar 2025 | ₹3.00 Cr |
Profit & Loss
₹ Cr| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Sales | 485 | 425 | 571 | 516 | 500 | 589 |
| Expenses | 454 | 392 | 539 | 484 | 465 | 540 |
| Operating Profit | 31 | 33 | 32 | 32 | 35 | 50 |
| OPM % | 6% | 8% | 6% | 6% | 7% | 8% |
| Other Income | 9 | −1 | 2 | 3 | 14 | −12 |
| Interest | 27 | 20 | 20 | 23 | 26 | 25 |
| Depreciation | 10 | 5 | 7 | 7 | 8 | 9 |
| PBT | 4 | 7 | 7 | 5 | 15 | 4 |
| Tax % | −15% | −10% | 41% | −42% | 9% | 25% |
| Net Profit | 5 | 8 | 4 | 7 | 13 | 3 |
| EPS (₹) | 1.84 | 2.82 | 1.59 | 2.58 | 5.07 | 1.04 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
₹ Cr| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Equity Capital | 28 | 28 | 28 | 28 | 28 | 28 |
| Reserves | 120 | 128 | 132 | 139 | 152 | 155 |
| Borrowings | 198 | 185 | 210 | 209 | 206 | 200 |
| Other Liabilities | 33 | 44 | 28 | 18 | 22 | 18 |
| Total Liabilities | 379 | 385 | 398 | 395 | 408 | 402 |
| Fixed Assets | 45 | 42 | 77 | 79 | 81 | 93 |
| CWIP | 1 | 34 | 0 | 4 | 8 | 12 |
| Investments | 18 | 19 | 19 | 19 | 3 | 3 |
| Other Assets | 314 | 290 | 302 | 293 | 317 | 294 |
| Total Assets | 379 | 385 | 398 | 395 | 408 | 402 |
Cash Flow
₹ Cr| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Operating | — | 88 | −17 | 33 | 23 | 53 |
| Investing | — | −52 | 12 | −10 | 7 | −23 |
| Financing | — | −36 | 4 | −24 | −29 | −30 |
| Net Cash Flow | — | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | — | 52 | −25 | 21 | 9 | 30 |
| CFO/EBITDA | — | 268 | −49 | 109 | 66 | 107 |
Ratios
| Particulars | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Debtor Days | 103 | 81 | 87 | 89 | 82 | 73 |
| Inventory Days | 70 | 102 | 63 | 58 | 60 | 57 |
| Days Payable | 22 | 26 | 12 | 8 | 12 | 7 |
| Cash Conversion Cycle | 152 | 157 | 139 | 139 | 130 | 123 |
| Working Capital Days | 28 | 9 | 26 | 63 | 72 | 50 |
| ROCE % | — | 9% | 8% | 7% | 11% | 11% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Plastene insights
36 extracted metrics across FY20–FY26.
Documents
- 26 Aug 2025
- 25 Jun 2025
- 13 Sep 2024
- 22 Sep 2023
- 23 Feb 2023
Company Information
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