National Plastic Technologies Ltd (NATPLASTI)

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National Plastic Technologies Ltd (NATPLASTI) · mywealthgrid

About

Small-cap manufacturer of industrial plastic products (₹140 Cr market cap). Promoter-controlled (66.34%) with negligible institutional investor presence. Most recent available financials: Mar 2021 (₹32.35 Cr revenue, 8.87% OPM); verify current operational scale.

Face value: ₹10

Market cap

₹130 Cr

P/E

102.3×

P/B

2.2×

Dividend yield

0.7%

ROE

16.5%

ROCE

22.4%

Debt / equity

0.86

OPM

7.7%

EPS (TTM)

₹2.1

Book value

₹98.7

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Valuation: PE 110.59 is elevated; verify if recent earnings justify this multiple or represent overpricing

Margin compression risk: OPM 8.14% current, historical 7-10% range (2019-2021) leaves limited protection against input-cost shocks or volume decline

Leverage buffer: D/E 1.17 combined with thin OPM means a cash-flow shock could constrain operations quickly

Institutional absence: FII/DII both 0%; verify if this reflects analyst coverage gaps or structural liquidity concerns

Generated analysis · source review pending

Growth drivers

Cash generation: annual dividends (2023-2026) indicate capital retained for reinvestment; verify if net profit has expanded since ₹1.06 Cr (Mar 2021) to fuel growth

Capital deployment: ROE 19.12% shows efficient profit conversion; verify if this reflects margin expansion or cost discipline alone

Cyclical sector: industrial plastics typically track manufacturing and construction cycles in India; verify NATPLASTI's end-market exposure and near-term order visibility

Recovery dynamics: revenue surged from ₹5.8 Cr (Jun 2020, pandemic low) to ₹32.35 Cr (Mar 2021); verify if growth has continued post-2021 and what sustainability looks like

Generated analysis · source review pending

1,948 historical price candles were omitted because the exchange source has not been verified.

₹213.0-3.2%1Y

Quick read

rule-based

Pros

+Strong return on equity of 19% (3-yr avg)
+High return on capital employed of 23.5%
+Profit CAGR of 48.5% over the last 5 years
+Revenue CAGR of 30.6% over the last 5 years
+Dividend payout of 72% of profit
+High promoter holding of 66.3% with no pledge

Cons

−Thin operating margin of 7.7%
−Expensive at 102.3× trailing earnings

Research score

Structured signal from quality, growth, valuation and momentum.

49/100

Business quality: 38
Growth

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
Supreme Industries LimitedSUPREMEINDSUPREMEIND	₹42,926 Cr	₹42,926 Cr	₹11,326 Cr	₹1,632 Cr	13.9%	₹1,032 Cr	8.5%	19.1%	16.1%	44
Garware Hi-Tech Films LimitedGRWRHITECHGRWRHITECH	₹16,067 Cr	₹16,067 Cr	₹2,258 Cr	₹497 Cr	20.5%	₹388 Cr	16%	17.6%	13.5%	89
Finolex Industries LimitedFINPIPEFINPIPE	₹9,338 Cr	₹9,775 Cr	₹3,954 Cr	₹692 Cr	16.5%	₹615 Cr	14.6%	12.2%	9.7%	133
Kingfa Science & Technology (India) LimitedKINGFAKINGFA	₹8,958 Cr	₹8,958 Cr	₹2,222 Cr	₹314 Cr	13.1%	₹226 Cr	9.3%	23.6%	17.4%	100
Time Technoplast LimitedTIMETECHNOTIMETECHNO	₹8,869 Cr	₹9,508 Cr	₹6,445 Cr	₹922 Cr	14.6%	₹490 Cr	7.8%	18.2%	13.4%	161
Prince Pipes And Fittings LimitedPRINCEPIPEPRINCEPIPE	₹2,731 Cr	₹2,871 Cr	₹2,627 Cr	₹270 Cr	8.9%	₹102 Cr	2.8%	6.4%	4.5%	71
Apollo Pipes LimitedAPOLLOPIPEAPOLLOPIPE	₹2,255 Cr	₹2,379 Cr	₹1,125 Cr	₹49 Cr	6%	₹-15 Cr	0.4%	2.1%	0.6%	58
Jain Irrigation Systems LimitedJISLJALEQSJISLJALEQS	₹1,951 Cr	₹6,013 Cr	₹6,362 Cr	₹765 Cr	12.5%	₹-53 Cr	-0.6%	7.3%	-0.4%	230
Jai Corp LimitedJAICORPLTDJAICORPLTD	₹1,571 Cr	₹1,571 Cr	₹541 Cr	₹70 Cr	10.6%	₹93 Cr	32.9%	13.1%	11.7%	269
Premier Polyfilm LimitedPREMIERPOLPREMIERPOL	₹949 Cr	₹949 Cr	₹365 Cr	₹50 Cr	13.6%	₹35 Cr	9.4%	31.2%	24.1%	102
R M Drip And Sprinklers Systems LimitedRMDRIPRMDRIP	₹587 Cr	₹640 Cr	₹207 Cr	₹53 Cr	26.6%	₹35 Cr	17.7%	33.6%	31.5%	268
Prakash Pipes LimitedPPLPPL	₹582 Cr	₹621 Cr	₹780 Cr	₹118 Cr	15.1%	₹83 Cr	10.7%	28.6%	20.5%	—

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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
	73	69	67	78	88	90	133	210	269	311	341
COGS	—	—	—	-56	61	65	98	160	201	230	246
Gross profit	—	—	—	—	27	24	36	50	68	81	95
	69	67	63	128	19	17	23	33	45	56	69
	4	2	4	6	8	7	13	18	23	25	26
OPM %	5.6%	3.2%	6.2%	7.7%	9.6%	7.9%	9.6%	8.4%	8.5%	8.1%	7.7%
Depreciation	—	—	2	2	2	2	4	4	6	7	8
Interest	3	2	2	3	4	4	4	5	5	6	5
	1	1	1	1	1	1	0	0	0	0	0
Profit before tax	2	1	1	2	3	2	5	9	12	13	14
Tax	—	—	—	—	1	0	1	2	3	4	5
Tax %	—	—	—	—	22.1%	24%	26.5%	28.7%	28%	27.9%	33.6%
	1	1	1	2	2	1	4	6	8	9	9
PAT margin %	1.9%	1%	1.3%	2.3%	2.6%	1.4%	2.7%	2.9%	3.1%	2.9%	2.7%
EPS (₹)	2.3	1.1	1.2	2.8	3.8	2.1	6	10.1	13.9	14.9	15.1
EPS adjusted (₹)	—	—	—	2.9	3.7	2.1	6	10.1	13.9	14.9	15.1
	0%	0%	0%	0%	0%	0%	0%	9.9%	7.2%	10.1%	9.9%
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 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	6	6	6	6	6	6	6	6
Reserves	—	18	20	23	29	37	45	54
	—	35	50	58	51	59	60	52
	—	16	27	29	50	60	55	60
Total equity & liabilities	—	76	102	116	136	162	166	172
	33	37	45	51	63	73	75	72
CWIP	—	0	3	0	1	2	0	3
Investments	—	0	0	0	0	0	0	0
	—	39	54	65	73	88	90	96
Total assets	—	76	102	116	136	162	166	172

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	8	-4	3	27	14	12	23
	-4	-7	-7	-16	-15	-7	-10
	-4	11	4	-11	1	-5	-14
Net cash flow	-0	0	0	-0	0	0	0
Free cash flow	4	—	—	—	—	—	9
CFO / Operating profit %	91.3%	-53.5%	23.6%	153.1%	60.2%	47.3%	89.2%

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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 %	—	30.7%	27%	26.7%	23.9%	25.3%	26%	27.8%
EBITDA margin %	7.7%	9.6%	7.9%	9.6%	8.4%	8.5%	8.1%	7.7%
EBIT margin %	5.4%	7%	5.2%	6.8%	6.4%	6.3%	5.9%	5.4%
PAT margin %	2.3%	2.6%	1.4%	2.7%	2.9%	3.1%	2.9%	2.7%
Working capital
Receivable days	—	54	72	71	65	66	59	52
Inventory days	—	102	145	121	63	56	50	52
Payable days	—	50	62	46	49	57	40	55
NWC days	—	106	155	145	80	65	69	50
Leverage
Current ratio	—	1.05	1.09	1.11	1.05	0.99	1.04	1.14
Debt to EBITDA	—	4.19	7.01	4.52	2.93	2.57	2.37	1.99
Debt to equity	—	1.45	1.92	1.97	1.45	1.37	1.17	0.86
Interest coverage	1.5	1.8	1.4	2.1	2.7	3.2	3.1	4
Asset turnover	—	1.16	0.88	1.15	1.54	1.66	1.87	1.99
Return ratios
Return on assets %	—	3.1%	1.2%	3.1%	4.5%	5.2%	5.4%	5.3%
Return on capital employed %	—	17%	11.8%	16.9%	21.9%	24.1%	23.9%	22.4%
Return on equity %	—	9.5%	4.9%	12.3%	17.4%	19.5%	17.6%	15.3%

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
	65.55%	65.64%	65.83%	65.87%	66.02%	66.19%	66.24%	66.25%	66.27%	66.3%	66.34%	66.34%
FII	0%	0.15%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	34.45%	34.21%	34.17%	34.13%	33.98%	33.81%	33.76%	33.75%	33.73%	33.7%	33.66%	33.66%
No. of shareholders	—	—	—	—	—	—	—	—	4,205	4,166	4,108	4,035

Promoter holding up 0.79 percentage points since Sep 2023.

Mr. HEMANT CHORDIANon-Executive - Independent Director-Chairperson
Mr. SUDERSHAN PARAKHNon-Executive - Non Independent Director
Mr. ARIHANT PARAKHExecutive Director-MD
Mr. VENKATESANExecutive Director
Mrs. DEEPA VENKAT RAMANINon-Executive - Independent Director
Manikandan RChief Financial Officer
Mr. ALOK PARAKHNon-Executive - Non Independent Director
S AbishekCompany 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 National Plastic Technologies 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

Loading documents…

Events

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

6

Final dividend11 Sept 2026 · ex-date₹1.5
Final dividend4 Sept 2025 · ex-date₹1.5
Final dividend10 Sept 2024 · ex-date₹1
Final dividend6 Sept 2023 · ex-date₹1
Dividend dividend15 Sept 2011 · ex-date₹1
Dividend dividend23 Sept 2010 · ex-date₹0.8

1

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

9 announcementsExport CSV

30 Sept 2026, 11:55 amInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

22 Sept 2026, 6:57 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

21 Sept 2026, 7:52 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

21 Sept 2026, 7:44 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Directorate

Change in Directorate PDF

21 Sept 2026, 7:42 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Directorate

Change in Directorate PDF

21 Sept 2026, 7:40 pmCompany Update

Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s

Appointment of Statutory Auditor/s PDF

21 Sept 2026, 7:13 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

7 Sept 2026, 7:11 pmCompany Update

Announcement under Regulation 30 (LODR)-Resignation of Director

Resignation of Director PDF

Date	Category	Subject	Filing
30 Sept 2026, 11:55 am	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
22 Sept 2026, 6:57 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF

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National Plastic Technologies 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

6

1

Announcements

Not in the F&O segment

No fund holdings on record

Announcements

6

1

Annual reports

Compounded sales growth

Compounded profit growth

Return on equity

National Plastic Technologies 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

Dividends6

Board meetings1

Announcements

Ratio timeline

Quarterly record

Board and management

Not in the F&O segment

No fund holdings on record

Announcements

Dividends6

Board meetings1

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

6

1

6

1