Machino Plastics Ltd (MACPLASQ)

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Machino Plastics Ltd (MACPLASQ) · mywealthgrid

About

Machino Plastics supplies auto components and equipment within Consumer Discretionary, with revenue of ₹107 Cr (most recent quarter) and a market cap of ₹154 Cr. Promoter-backed (75%), it operates as a small-cap supplier into the cyclical auto sector.

Face value: ₹10

Market cap

₹171 Cr

P/E

20.0×

P/B

1.3×

Dividend yield

ROE

1.3%

ROCE

8.8%

Debt / equity

1.78

OPM

7.4%

EPS (TTM)

₹13.9

Book value

₹222.9

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Debt–equity ratio of 2.83 is high for a ₹154 Cr market-cap company and limits financial flexibility in a downturn

Net profit margin of 3.3% (₹3.51 Cr on ₹107.16 Cr revenue) leaves minimal buffer if volumes or margins compress

Net profits swung from ₹0.58 Cr (Sep 2023) to ₹3.51 Cr (Mar 2025), indicating earnings unpredictability — verify underlying drivers

Auto sector suppliers often depend on 1–2 OEM customers; verify this company's customer concentration and contract terms

Generated analysis · source review pending

Growth drivers

Revenue grew 31% year-over-year from ₹81.82 Cr (Mar 2024) to ₹107.16 Cr (Mar 2025), showing volume momentum

Operating margin recovered to 9.35% in Sep 2024 from a low of 7.1% in Jun 2023, suggesting operational improvements if sustained

Auto sector historically gains in vehicle-production upswings — verify order book trends and whether customer capex is rising

Verify export revenue or new customer wins as levers, since small-cap domestic suppliers often rely on a handful of OEMs

Generated analysis · source review pending

2,089 historical price candles were omitted because the exchange source has not been verified.

₹280.6-3.3%1Y

Quick read

rule-based

Pros

+Revenue CAGR of 18.5% over the last 5 years
+High promoter holding of 75% with no pledge

Cons

−Low return on equity of 7.6% (3-yr avg)
−Thin operating margin of 7.4%
−Profit declined 6.2% a year over the last 3 years
−Heavily leveraged (debt/equity 1.8)
−Weak interest coverage of 1.1×

Research score

Structured signal from quality, growth, valuation and momentum.

48/100

Business quality: 6
Growth: 64

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Samvardhana Motherson International LimitedMOTHERSONMOTHERSON	₹1,65,731 Cr	₹1,81,626 Cr	₹1,31,135 Cr	₹12,541 Cr	9.4%	₹4,380 Cr	3.2%	12.6%	10.2%	-26
Bosch LimitedBOSCHLTDBOSCHLTD	₹1,34,166 Cr	₹1,34,166 Cr	₹21,088 Cr	₹2,832 Cr	13.2%	₹2,363 Cr	13.8%	21%	19.4%	13
Bharat Forge LimitedBHARATFORGBHARATFORG	₹89,644 Cr	₹96,518 Cr	₹17,543 Cr	₹2,963 Cr	17.4%	₹706 Cr	6.5%	17.9%	11.5%	136
Uno Minda LimitedUNOMINDAUNOMINDA	₹64,160 Cr	₹66,698 Cr	₹20,725 Cr	₹2,280 Cr	11.5%	₹1,202 Cr	6.5%	19.3%	19.1%	37
Schaeffler India LimitedSCHAEFFLERSCHAEFFLER	₹60,732 Cr	₹60,787 Cr	₹10,505 Cr	₹1,917 Cr	18.2%	₹1,253 Cr	11.9%	27.3%	20.2%	68
Sona Blw Precision Forgings LimitedSONACOMSSONACOMS	₹50,071 Cr	₹50,314 Cr	₹4,935 Cr	₹1,207 Cr	24.7%	₹686 Cr	14.1%	14.6%	11%	121
Tube Investments Of India LimitedTIINDIATIINDIA	₹45,302 Cr	₹45,695 Cr	₹23,754 Cr	₹2,260 Cr	9.9%	₹607 Cr	4.9%	15.4%	9.6%	41
Endurance Technologies LimitedENDURANCEENDURANCE	₹36,602 Cr	₹37,928 Cr	₹15,592 Cr	₹2,058 Cr	13.5%	₹970 Cr	6.5%	18.5%	15.2%	-6
Exide Industries LimitedEXIDEINDEXIDEIND	₹34,803 Cr	₹35,896 Cr	₹18,829 Cr	₹1,954 Cr	10.4%	₹932 Cr	4.8%	8.9%	6.1%	42
Dhoot Transmission LimitedDHOOTTRANSDHOOTTRANS	₹29,518 Cr	₹30,359 Cr	₹4,525 Cr	₹711 Cr	15.7%	₹397 Cr	8.8%	30.8%	23.1%	69
Craftsman Automation LimitedCRAFTSMANCRAFTSMAN	₹26,897 Cr	₹30,238 Cr	₹8,717 Cr	₹1,357 Cr	15.3%	₹465 Cr	4.8%	16.1%	12.5%	74
Sansera Engineering LimitedSANSERASANSERA	₹26,686 Cr	₹27,144 Cr	₹3,753 Cr	₹696 Cr	18.1%	₹351 Cr	9.3%	14.7%	11.1%	98

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	206	270	318	303	242	210	265	331	338	389	492
COGS	-131	-158	-186	-179	-132	-114	-154	194	179	208	280
Gross profit	—	—	—	—	—	—	—	137	159	181	212
	316	402	480	456	356	308	403	116	133	148	176
	22	26	23	26	18	16	16	21	26	33	36
OPM %	10.4%	9.7%	7.3%	8.5%	7.6%	7.8%	6.2%	6.4%	7.7%	8.4%	7.4%
Depreciation	13	13	—	19	20	15	14	13	14	10	15
Interest	4	4	7	7	8	7	6	6	7	12	19
	0	0	0	1	1	—	0	0	0	0	0
Profit before tax	5	10	2	0	-9	-6	-3	2	5	11	3
Tax	4	5	—	-0	—	-2	-1	1	2	3	1
Tax %	71.5%	50.6%	—	-241.7%	—	-29%	-27.9%	25.7%	29.6%	23.6%	49.6%
	1	5	5	0	-5	-4	-2	2	4	9	1
PAT margin %	0.7%	1.8%	1.5%	0.1%	-1.9%	-2%	-0.9%	0.5%	1.1%	2.2%	0.3%
EPS (₹)	2.4	7.8	7.8	0.7	-7.4	-6.7	-4	2.6	6	13.9	2.2
EPS adjusted (₹)	—	—	—	—	—	-6.7	-4	2.6	6	13.9	2.2
	41.5%	25.8%	12.8%	151.5%	—	—	—	0%	0%	0%	—
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	6	6	6	6	6	6
Reserves	46	43	45	48	57	131
	65	67	87	88	179	244
	55	56	39	61	104	175
Total equity & liabilities	172	172	178	204	347	556
	115	103	97	100	125	366
CWIP	—	—	—	0	69	2
Investments	1	1	1	1	1	1
	55	68	79	103	151	187
Total assets	172	172	178	204	347	556

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	0	19	17	21	26	41
	-1	-2	-4	-17	-106	-86
	1	-14	-13	-6	80	45
Net cash flow	0	2	0	-2	0	-0
Free cash flow	—	—	13	4	-78	-43
CFO / Operating profit %	1.9%	113.8%	80.6%	81.1%	80%	113.5%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—	—	41.5%	47%	46.6%	43.1%
EBITDA margin %	8.5%	7.6%	7.8%	6.2%	6.4%	7.7%	8.4%	7.4%
EBIT margin %	2%	-0.6%	0.6%	1.1%	2.5%	3.5%	5.8%	4.3%
PAT margin %	0.1%	-1.9%	-2%	-0.9%	0.5%	1.1%	2.2%	0.3%
Working capital
Receivable days	—	—	—	—	53	53	69	73
Inventory days	—	—	27	29	42	70	86	71
Payable days	—	—	—	—	48	85	86	103
NWC days	—	—	—	—	47	38	69	42
Leverage
Current ratio	—	—	0.63	0.67	0.71	0.84	0.79	0.77
Debt to EBITDA	—	—	3.97	4.07	4.12	3.39	5.47	6.74
Debt to equity	—	—	1.25	1.36	1.72	1.62	2.83	1.78
Interest coverage	1	-0.1	0.2	0.5	1.3	1.8	2	1.1
Asset turnover	—	—	1.22	1.54	1.86	1.65	1.12	0.89
Return ratios
Return on assets %	—	—	-2.4%	-1.4%	0.9%	1.8%	2.5%	0.2%
Return on capital employed %	—	—	1.4%	3.6%	11.8%	15.6%	18.8%	8.8%
Return on equity %	—	—	-7.9%	-5%	3.1%	6.8%	13.5%	1%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	74.82%	74.86%	75%	75%	75%	75%	75%	75%	75%	75%	75%	75%
FII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	25.17%	25.13%	24.99%	24.99%	24.99%	24.99%	24.99%	24.99%	24.99%	24.99%	24.99%	24.99%
No. of shareholders	—	—	—	—	—	—	—	—	3,582	3,553	3,466	3,417

Promoter holding up 0.18 percentage points since Sep 2023.

Mr. ADITYA JINDALExecutive Director-Chairperson related to Promoter-MD
Mr. SANJIIVV JINDALLExecutive Director
Mrs. SARIKA MARWAHANon-Executive - Independent Director
Mr. RAJIV KUMAR SINGHNon-Executive - Independent Director
Mr. SANDEEP GOELNon-Executive - Independent Director
Mr. KAZUNARI YAMAGUCHINon-Executive - Non Independent Director
Mr. Ravinder HoodaChief Financial Officer
Ms. Sandhya KumariCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Machino Plastics Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

10 announcementsExport CSV

29 Sept 2026, 7:40 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—	—	41.5%	47%	46.6%	43.1%
EBITDA margin %	8.5%	7.6%	7.8%	6.2%	6.4%	7.7%	8.4%	7.4%
EBIT margin %	2%	-0.6%	0.6%	1.1%	2.5%	3.5%	5.8%	4.3%
PAT margin %	0.1%	-1.9%	-2%	-0.9%	0.5%	1.1%	2.2%	0.3%
Working capital
Receivable days	—	—	—	—	53	53	69	73
Inventory days	—	—	27	29	42	70	86	71
Payable days	—	—	—	—	48	85	86	103
NWC days	—	—	—	—	47	38	69	42
Leverage
Current ratio	—	—	0.63	0.67	0.71	0.84	0.79	0.77
Debt to EBITDA	—	—	3.97	4.07	4.12	3.39	5.47	6.74
Debt to equity	—	—	1.25	1.36	1.72	1.62	2.83	1.78
Interest coverage	1	-0.1	0.2	0.5	1.3	1.8	2	1.1
Asset turnover	—	—	1.22	1.54	1.86	1.65	1.12	0.89
Return ratios
Return on assets %	—	—	-2.4%	-1.4%	0.9%	1.8%	2.5%	0.2%
Return on capital employed %	—	—	1.4%	3.6%	11.8%	15.6%	18.8%	8.8%
Return on equity %	—	—	-7.9%	-5%	3.1%	6.8%	13.5%	1%

Date	Category	Subject	Filing
29 Sept 2026, 7:40 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
29 Sept 2026, 7:36 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
27 Aug 2026, 2:06 pm	Company Update Resignation of Director	Announcement under Regulation 30 (LODR)-Resignation of Director	PDF
27 Aug 2026, 1:56 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
26 Aug 2026, 11:27 am	Company Update General	Web-Link Of The Annual Report For The Financial Year 2025-26	PDF
26 Aug 2026, 10:47 am	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
26 Aug 2026, 10:12 am	AGM/EGM AGM	Notice Of 41St Annual General Meeting And Annual Report For The Financial Year 2025-26.	PDF
21 Aug 2026, 4:31 pm	AGM/EGM AGM	Intimation Of Cut-Off Date For E-Voting And Book Closure For 41St AGM Of Machino Plastics Limited.	PDF

Machino Plastics Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Credit ratings

9

1

Compounded sales growth

Compounded profit growth

Return on equity

Machino Plastics Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Ratios

Ratio timeline

Shareholding

Quarterly record

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Ratio timeline

Quarterly record

Board and management

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Credit ratings

Dividends9

Board meetings1

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

9

1