---
title: "HCP Plastene Bulkpack Ltd (526717) — Share Price, Financials & Analysis"
symbol: "526717"
company: "HCP Plastene Bulkpack Ltd"
canonical: "https://tapetide.com/stocks/526717"
isin: "INE136C01044"
nse_symbol: "GOPALAPOLYPLASTLTD"
bse_code: "526717"
sector: "Industrial Products"
industry: "Packaging"
market_cap_cr: 320.76
generated_at: "2026-09-13T18:59:40.280Z"
---

# HCP Plastene Bulkpack Ltd (526717)

Canonical page: https://tapetide.com/stocks/526717

## Company

- **NSE Symbol:** GOPALAPOLYPLASTLTD
- **BSE Code:** 526717
- **ISIN:** INE136C01044
- **Sector:** Industrial Products
- **Industry:** Packaging
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **CEO:** Mr. Prakash Hiralal Parekh
- **Employees:** 110
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** gopalapolyplast.com

## About

Incorporated in 1984, HCL Plastene Bulkpack Ltd deals in FIBC Jumbo Bags, PP Woven Sack Bags, PP Woven Labels and related products[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:39:38.918518Z.

- **Market Cap:** ₹320.76 Cr
- **Classification:** Microcap
- **P/E (reported):** 8.3
- **EPS (TTM):** ₹30.91
- **EPS (reported):** ₹1.66
- **Book Value:** ₹76.69
- **Price to Book:** 4.04
- **Dividend Yield:** 0.32%
- **ROE:** 16.84%
- **ROCE:** 28.31%
- **Debt to Equity:** 3
- **Revenue (yearly):** ₹587.51 Cr
- **Net Income:** ₹35.29 Cr
- **EBITDA:** ₹55.92 Cr
- **52-Week High:** ₹336.45
- **52-Week Low:** ₹140.1
- **RSI (14):** 77.05

## Tapetide Score

- **Score:** 55 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Weak · Valuation: Fair · Momentum: Rising
- **Percentile:** 70.1 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 37.73 | 9% |
| growth | 81.52 | 9% |
| momentum | 98.9 | 12% |
| ownership | 37.99 | 24% |
| quality | 43.88 | 22% |
| valuation | 56.04 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is expected to give good quarter

### Weaknesses

- Stock is trading at 4.12 times its book value
- Contingent liabilities of Rs.133 Cr.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 1.91% | 7.9% | -17.28% |
| ebitda margin growth | 82.61% | 9.38% | 44.2% | 76.04% |
| net income growth | 121.69% | 165.34% | 136% | 17% |
| revenue growth | 20.79% | 25.51% | 19% | 106% |
| roce | 95.81% | 170.91% | 212.47% | 23.61% |
| roe | 120.55% | — | 6.16% | -93.04% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 79 | 80 | 77 | 105 | 117 | 119 | 122 | 126 | 198 | 121 | 143 | 174 |
| Expenses | 74 | 75 | 71 | 98 | 110 | 111 | 109 | 117 | 186 | 102 | 126 | 141 |
| Operating Profit | 5 | 5 | 5 | 7 | 8 | 8 | 13 | 9 | 11 | 19 | 17 | 33 |
| OPM % | 6 | 6 | 7 | 6 | 6 | 7 | 11 | 7 | 6 | 16 | 12 | 19 |
| Other Income | 1 | 0 | 1 | 1 | 1 | 1 | 2 | 7 | 2 | 2 | 2 | 1 |
| Interest | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 5 | 6 | 5 | 5 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 1 | 0 | 1 | 3 | 3 | 3 | 9 | 10 | 7 | 12 | 11 | 26 |
| Tax % | 14 | 6 | 17 | 26 | 26 | 29 | -16 | 26 | 27 | 32 | 24 | 30 |
| Net Profit | 1 | 0 | 1 | 2 | 2 | 2 | 11 | 7 | 5 | 8 | 8 | 18 |
| EPS in Rs | 0.21 | -0.42 | 0.52 | 1.36 | 1.41 | 1.41 | 4.72 | 3.76 | 3.71 | 6.58 | 7.69 | 12.93 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 16 | 112 | 351 | 295 | 463 | 588 | 636 |
| Expenses | 19 | 106 | 334 | 278 | 428 | 531 | 556 |
| Operating Profit | -3 | 6 | 18 | 17 | 35 | 56 | 80 |
| OPM % | -20 | 5 | 5 | 6 | 8 | 10 | 13 |
| Other Income | 53 | 1 | 1 | 3 | 5 | 12 | 6 |
| Interest | 1 | 4 | 10 | 12 | 15 | 20 | 22 |
| Depreciation | 5 | 5 | 7 | 7 | 7 | 8 | 8 |
| Profit before tax | 44 | -3 | 1 | 0 | 18 | 40 | 56 |
| Tax % | -46 | -22 | 36 | -55 | 26 | 28 | — |
| Net Profit | 64 | -2 | 1 | 0 | 13 | 29 | 40 |
| EPS in Rs | 38.79 | -2.86 | -2.07 | -1.11 | 9.02 | 21.73 | 30.91 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 5 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 10 | 10 | 11 | 11 | 11 | 11 |
| Reserves | 16 | 15 | 39 | 39 | 49 | 71 |
| Borrowings | 38 | 109 | 123 | 158 | 190 | 246 |
| Other Liabilities | 8 | 39 | 27 | 25 | 35 | 51 |
| Total Liabilities | 72 | 174 | 200 | 233 | 285 | 378 |
| Fixed Assets | 27 | 79 | 84 | 77 | 71 | 70 |
| CWIP | 0 | 0 | 1 | 4 | 2 | 0 |
| Investments | 0 | 0 | 1 | 1 | 1 | 1 |
| Other Assets | 45 | 94 | 115 | 152 | 212 | 308 |
| Total Assets | 72 | 174 | 200 | 233 | 285 | 378 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -16 | -23 | -20 | -19 | -19 | — |
| Cash from Investing Activity | -1 | -57 | -13 | -5 | 1 | — |
| Cash from Financing Activity | 14 | 81 | 34 | 24 | 18 | — |
| Net Cash Flow | -3 | 0 | 1 | -1 | 0 | — |
| Free Cash Flow | -17 | -80 | -33 | -23 | -18 | — |
| CFO/OP | 499 | -420 | -102 | -100 | -54 | — |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 76 | 87 | 28 | 70 | 78 | 71 |
| Inventory Days | 225 | 115 | 38 | 65 | 61 | 75 |
| Days Payable | 245 | 94 | 9 | 7 | 9 | 6 |
| Cash Conversion Cycle | 56 | 108 | 57 | 129 | 131 | 140 |
| Working Capital Days | 85 | 43 | -6 | -5 | 7 | 35 |
| ROCE % | — | 1 | 6 | 6 | 13 | 19 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 88.99% | 76.39% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% |
| FIIs | 0.18% | 0% | 0.17% | 0.2% | 0.07% | 0.07% | 0.07% | 0.07% | 4.5% | 4.5% | 4.5% | 2.67% |
| DIIs | 4.8% | 4.8% | 4.8% | 4.8% | 4.8% | 4.8% | 4.8% | 4.8% | 4.8% | 4.8% | 4.79% | 4.69% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 2.09% | 12.2% | 12.78% | 12.78% | 13.53% | 13.56% | 12.8% | 12.69% | 6.96% | 6.76% | 6.87% | 7.76% |
| Others | 3.94% | 6.62% | 7.25% | 7.22% | 6.6% | 6.57% | 7.33% | 7.45% | 8.75% | 8.95% | 8.85% | 9.88% |
| No. of Shareholders | 4706 | 5199 | 5002 | 4997 | 5023 | 5081 | 5282 | 5147 | 5003 | 5044 | 5093 | 5053 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 4 / 2

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 300.91 | Buy |
| EMA (10) | 297.91 | Buy |
| SMA (20) | 271.91 | Buy |
| EMA (20) | 274.74 | Buy |
| SMA (50) | 221.34 | Buy |
| EMA (50) | 242.01 | Buy |
| SMA (100) | 228.69 | Buy |
| EMA (100) | 224.75 | Buy |
| SMA (200) | 201.68 | Buy |
| EMA (200) | 206.43 | Buy |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 75.66 | Sell |
| MACD (12,26,9) | 28.33 | Buy |
| Stochastic (14,3,3) | 78.47 | Neutral |
| ADX (14) | 51.41 | Buy |
| Williams %R (14) | -18.6 | Sell |
| ATR (14) | 17.07 | High Volatility |
| ROC (12) | 35.93 | Buy |
| Stoch RSI (14) | 57.61 | Neutral |
| UO (7,14,28) | 62.44 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-07 | [Intimation Regarding Completion Of Dispatch Of AGM Notice & Annual Report Web Link To Shareholders Whose Email Ids Are Not Registered.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=23bb1989-2299-4f5b-ad87-85611e65763f.pdf) |
| 2026-09-04 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7a7aea9f-155e-4dc3-9dc2-b27ab622d1a9.pdf) |
| 2026-09-03 | [Notice Of 42Nd Annual General Meeting Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cb2f2afc-db9e-4ade-bbdb-e220b45c7d28.pdf) |
| 2026-09-03 | [Cut Off Date Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2516eb89-7579-487c-a2e2-7ba43fd82166.pdf) |
| 2026-09-03 | [Intimation Of Notice To Shareholders Whose Email Ids Are Not Registered](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1460db8f-9772-475a-9bad-6f75aac7394e.pdf) |
| 2026-09-03 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=20ed1444-3cca-4aee-8150-d1b92132717d.pdf) |
| 2026-08-14 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7e6d85a6-8755-47cd-b52f-33aa9c568355.pdf) |
| 2026-08-12 | [Board Meeting Outcome for OUTCOME OF BOARD MEETING HELD ON 12/08/2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a351928e-c0ba-400f-b58c-ea3c64d3b410.pdf) |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8151ae99-f595-4ae1-830a-cbe2b62e25c9.pdf) |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bc186ae1-1abb-473b-8927-48b3ca6003b1.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-12 | [UNAUDITED STANDALONE & CONSLIDATED FINANCIAL RESULTS FOR QUARTER ENDED ON 30/06/2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9f226394-0530-46d8-b618-1f5ad8a993d3.pdf) |
| 2026-06-11 | [Results-Delay in Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7bf06b31-1ffa-49b6-871c-2e4f3728c0ff.pdf) |
| 2026-05-28 | [HCP Plastene Bulkpack Limited Approved Audited Consolidate And Standalone Results For The Financial Year Ended On 31St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=92bd2fab-8ce1-4b48-bf33-95e6349ee740.pdf) |
| 2026-02-10 | [RESULTS -UNAUDITED STANDALONE AND CONSOLIDATED FINANCIAL RESULTS OF THE COMPANY FOR THE QUARTER ENDED ON 31ST DECEMBER 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f49bbc77-bf39-4281-98b6-9aab91a2b029.pdf) |
| 2025-11-11 | [Result Of Unaudited Standalone And Consolidated Financial For The Quarter And Half Year Ended 30Th September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=af985758-6975-4494-afb6-1cc7f25575b0.pdf) |
| 2025-05-27 | [Revision Of Outcome Of Board Meeting Held On May 26 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=be3eaaa3-128e-45cc-b5b2-4cbc03a14e01.pdf) |
| 2025-05-26 | [Financial Results For Period Ended March 31 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=bd29726b-39c7-4e4a-8dc5-10c70fd9cde2.pdf) |
| 2025-02-14 | [Financial Results For The Period Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=eacc79c3-bda2-4e85-9683-e8199d8b30b4.pdf) |
| 2024-11-14 | [Financial Results For The Period Ended September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=277086df-31fd-4000-8d6b-396f134c00a0.pdf) |
| 2024-08-10 | [Financial Results Of The Company For The Quarter Ended 30Th June, 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=26cdbab7-66a0-430e-b94c-4ad6204e43a3.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 7 Apr - Submitted Regulation 74(5) compliance certificate for quarter/year ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Submitted Regulation 74(5) compliance certificate for quarter/year ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/efb458be-1c03-4871-be86-c14c62624616.pdf) |
| 4 Apr - Promoter disclosed no encumbrance on HCP Plastene shares as of 31 March 2026. | [Intimation Of Disclosure Under Regulation 31(4) SEBI Substantia Acquisitio Of Shares And Takover ) Regulation,2011 As Received Form Promoter Of The Company . 4 Apr - Promoter disclosed no encumbrance on HCP Plastene shares as of 31 March 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1998b2fa-cb9f-4496-83fe-3324574506cf.pdf) |
| 30 Apr - Company clarified share price movement was due to market conditions, with no undisclosed price-sensitive information. | [Clarification On Price Movement Of The Company 30 Apr - Company clarified share price movement was due to market conditions, with no undisclosed price-sensitive information.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e63b615c-f763-467e-ba23-40c232374125.pdf) |
| 30 Apr - Company clarified share price movement was due to market conditions, with no undisclosed price-sensitive information. | [Clarification On Price Movement Of The Company 30 Apr - Company clarified share price movement was due to market conditions, with no undisclosed price-sensitive information.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/e63b615c-f763-467e-ba23-40c232374125.pdf) |
| 25 Feb - New manufacturing unit commenced 25-Feb-2026; 300 MT/month capacity; ~Rs.3.00 Crore investment. | [ANNOUNCEMENT UNDER CLAUSE 30 REGARDING COMMERCIAL PRODUCTION 25 Feb - New manufacturing unit commenced 25-Feb-2026; 300 MT/month capacity; ~Rs.3.00 Crore investment.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/415d24b9-0651-47a5-ad98-a36c5fba120a.pdf) |
| 2 Feb - Board meeting 10 Feb 2026 to approve unaudited results for quarter/nine months ended 31 Dec 2025; possible CS appointment. | [Board Meeting Intimation for Board Meeting Of The Company Scheduled To Be Held On 10Th February, 2026 2 Feb - Board meeting 10 Feb 2026 to approve unaudited results for quarter/nine months ended 31 Dec 2025; possible CS appointment.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8815d36d-4e55-4cb8-80e8-1eadd0a0307a.pdf) |
| 2 Apr - Company confirms it is not a Large Corporate as on March 31, 2026. | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 2 Apr - Company confirms it is not a Large Corporate as on March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b74f272e-8904-49cd-b1e9-dc784b8b5327.pdf) |
| 12 Feb - Results of the Company for the quarter ended on 31st December, 2025, as approved by Board on 10th February, 2026 now published in the newspaper … | [Announcement under Regulation 30 (LODR)-Newspaper Publication 12 Feb - Results of the Company for the quarter ended on 31st December, 2025, as approved by Board on 10th February, 2026 now published in the newspaper …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/539ca657-490a-46cf-8e9f-2b042bee1cc2.pdf) |
| 10 Mar 2021 - National Company Law Tribunal Mumbai (Court) has vide its order dated: December 01, 2020 in M.A. 3841 in CP (IB) 66 / MB / 2018 … | [Liquidation of Euro Ceramics Ltd 10 Mar 2021 - National Company Law Tribunal Mumbai (Court) has vide its order dated: December 01, 2020 in M.A. 3841 in CP (IB) 66 / MB / 2018 …](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8A7CED15-90AB-42A4-89A0-31ECC96734EA-131931.pdf) |
| 10 Feb - Rishabh Kumar Jain appointed Company Secretary & Compliance Officer effective 10 Feb 2026; 17+ years' experience. | [Appointment of Company Secretary and Compliance Officer 10 Feb - Rishabh Kumar Jain appointed Company Secretary & Compliance Officer effective 10 Feb 2026; 17+ years' experience.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/aa05181c-eb87-4d80-a6c8-613c81cca01c.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2011 from nse](https://archives.nseindia.com/annual_reports/AR_EUROCERA_2010_2011_11102011033232.zip) |
| from nse | [Financial Year 2010 from nse](https://archives.nseindia.com/annual_reports/AR_EUROCERA_2009_2010_08042011105554.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d614a310-5be5-4359-a444-8c4d90110627.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b96fcf2f-4107-433b-b925-03337a7b0d96.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/aea3a50d-2487-4ee4-9e12-5276b37d14e1.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/526717/75555526717.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/526717/70550526717_07_09_21.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/526717/65120526717.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532823/5328230319.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/526717/5267170319.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:59:40.280Z.