Swashthik Plascon
Swashthik Plascon
Industrial ProductsKey Fundamentals
SMEPlastic Products - IndustrialIndustrial ProductsTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Stock is trading at 0.49 times its book value
Weaknesses
3- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 10.9% over last 3 years.
- Company might be capitalizing the interest cost
Growth Rate
Quarterly Results
| Particulars | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Sales | 66 | 60 | 72 | 72 | 76 | 77 |
| Expenses | 59 | 57 | 61 | 63 | 64 | 66 |
| Operating Profit | 7 | 3 | 11 | 10 | 12 | 11 |
| OPM % | 10% | 4.7% | 15% | 13% | 16% | 14% |
| Other Income | 4 | 5 | 0 | 0 | 0 | 0 |
| Interest | 2 | 2 | 2 | 4 | 1 | 4 |
| Depreciation | 2 | 2 | 2 | 2 | 3 | 3 |
| PBT | 7 | 4 | 6 | 3 | 7 | 4 |
| Tax % | 29% | 36% | 27% | 19% | 25% | 28% |
| Net Profit | 5 | 3 | 4 | 2 | 6 | 3 |
| EPS in Rs | 3.81 | 1.51 | 2.54 | 1.28 | 2.83 | 1.3 |
Profit & Loss
| Particulars | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 46 | 126 | 143 | 153 |
| Expenses | 40 | 116 | 123 | 129 |
| Operating Profit | 6 | 10 | 20 | 24 |
| OPM % | 13% | 8% | 14% | 16% |
| Other Income | 0 | 9 | 0 | 1 |
| Interest | 2 | 5 | 6 | 7 |
| Depreciation | 1 | 3 | 5 | 7 |
| PBT | 3 | 11 | 9 | 11 |
| Tax % | 13% | 32% | 24% | 26% |
| Net Profit | 3 | 8 | 7 | 8 |
| EPS in Rs | 2.35 | 4.29 | 3.58 | 4.13 |
| Div. Payout % | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Equity Capital | 13 | 18 | 19 | 19 |
| Reserves | 8 | 46 | 66 | 74 |
| Borrowings | 59 | 54 | 85 | 88 |
| Other Liabilities | 32 | 32 | 29 | 40 |
| Total Liabilities | 111 | 149 | 200 | 221 |
| Fixed Assets | 27 | 42 | 49 | 51 |
| CWIP | 0 | 0 | 7 | 30 |
| Investments | 1 | 1 | 1 | 1 |
| Other Assets | 82 | 107 | 143 | 139 |
| Total Assets | 111 | 149 | 200 | 221 |
Cash Flow
| Particulars | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Operating | 4 | -10 | -19 | 34 |
| Investing | -3 | -18 | -19 | -32 |
| Financing | -1 | 28 | 40 | -4 |
| Net Cash Flow | 0 | 0 | 2 | -2 |
| Free Cash Flow | 1 | -27 | -39 | 1 |
| CFO/OP | 70 | -80 | -82 | 150 |
Ratios
| Particulars | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Debtor Days | 298 | 122 | 117 | 117 |
| Inventory Days | 436 | 215 | 246 | 297 |
| Days Payable | 212 | 91 | 72 | 101 |
| Cash Conversion Cycle | 523 | 245 | 292 | 313 |
| Working Capital Days | 149 | 202 | 248 | 166 |
| ROCE % | — | 16% | 11% | 10% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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51 extracted metrics + investor summaries across FY23–FY26.
Documents
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Company Information
Incorporated in 2007, Swashthik Plascon Ltd manufactures PET preforms and PET bottles[1]
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