Plastiblends India Limited (PLASTIBLEN) AI Stock Analysis

• Market Cap: ₹3.67B
• Dividend Yield: 1.53%
• Average Volume (3M): 2.23K
• Price to Earnings (P/E): 16.5
• Beta (1Y): 1.34
• Revenue Growth: -2.17%
• EPS Growth: -5.39%
• Country: IN
• Employees: 477
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): 2.49
• Shares Outstanding: 25,989,200
• 10 Day Avg. Volume: 2,214
• 30 Day Avg. Volume: 2,225
• PEG Ratio: -4.51
• Price to Book (P/B): 1.09
• Price to Sales (P/S): 0.60
• P/FCF Ratio: -183.79
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: ₹150.00 ▼(-8.79% Downside)
• Action: Reiterated Date: 04/01/26
• Date: Action: Reiterated 04/01/26

The score is supported by solid underlying financial stability (low leverage, consistent profitability), but pulled down by deteriorating cash flow (recent negative free cash flow) and clear bearish technicals (price below key moving averages with negative MACD). Valuation is reasonable with a modest dividend yield, but not enough to outweigh the current momentum and cash-generation concerns.

Positive Factors

Low leverage / strong balance sheet

A low debt-to-equity profile and high equity backing give Plastiblends durable financial flexibility. Over 2-6 months this supports capex, working capital cycles, and downside protection versus peers, allowing investment in specialty capabilities without excessive refinancing risk.

Negative Factors

Deteriorating free cash flow

Recent negative free cash flow signals weakening cash conversion versus earnings. Over 2-6 months this can constrain dividends, capex or working capital funding, increasing reliance on balance sheet liquidity and limiting the firm's ability to invest in higher-margin specialty initiatives.

Plastiblends India Limited Business Overview & Revenue Model

Company Description

Plastiblends India Limited manufactures and sells color and additive masterbatches, and thermoplastic compounds for the plastic processing industry in India. The company's products include white, black, color, additive, filler, and PET masterbatch...

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Plastiblends India Limited manufactures and sells color and additive masterbatches, and thermoplastic compounds for the plastic processing industry in India. The company's products include white, black, color, additive, filler, and PET masterbatch...

How the Company Makes Money

Plastiblends primarily makes money by selling polymer compounds and masterbatches to plastic product manufacturers and processors. Revenue is generated on a per-order basis from (1) standard and customized masterbatches (including color and additi...

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Plastiblends primarily makes money by selling polymer compounds and masterbatches to plastic product manufacturers and processors. Revenue is generated on a per-order basis from (1) standard and customized masterbatches (including color and additi...

Plastiblends India Limited Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	7.76B	7.80B	8.02B	7.69B	7.14B	5.77B
Gross Profit	1.82B	1.99B	1.94B	820.69M	1.69B	1.76B
EBITDA	582.55M	519.75M	619.00M	541.17M	681.68M	720.45M
Net Income	326.44M	334.42M	345.25M	268.51M	366.99M	373.47M
Balance Sheet
Total Assets	5.26B	5.07B	4.82B	4.84B	5.18B	4.53B
Cash, Cash Equivalents and Short-Term Investments	321.85M	378.31M	487.27M	289.51M	79.26M	89.50M
Total Debt	245.79M	47.88M	78.12M	87.13M	466.94M	342.63M
Total Liabilities	906.56M	793.32M	770.79M	894.48M	1.36B	1.23B
Stockholders Equity	4.35B	4.28B	4.05B	3.95B	3.81B	3.30B
Cash Flow
Free Cash Flow	-208.79M	-25.36M	257.65M	641.83M	97.57M	271.31M
Operating Cash Flow	-6.31M	88.61M	380.63M	723.10M	154.45M	481.44M
Investing Cash Flow	-160.83M	62.54M	-274.38M	-261.77M	-47.60M	-272.58M
Financing Cash Flow	-71.75M	-119.00M	-110.20M	-452.67M	-117.08M	-194.38M

Plastiblends India Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 164.45
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PLASTIBLEN, the sentiment is Negative. The current price of 164.45 is above the 20-day moving average (MA) of 133.42, above the 50-day MA of 143.29, and below the 200-day MA of 172.30, indicating a neutral trend. The MACD of -1.54 indicates Negative momentum. The RSI at 54.76 is Neutral, neither overbought nor oversold. The STOCH value of 87.78 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:PLASTIBLEN.

Plastiblends India Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PREMIERPOL	77 Outperform	₹6.12B	11.68	―	0.37%	3.39%	6.48%
PLASTIBLEN	63 Neutral	₹3.67B	16.55	―	1.53%	-2.17%	-5.39%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
KUANTUM	58 Neutral	₹7.29B	20.52	―	3.24%	-9.47%	-54.96%
KRITI	49 Neutral	₹4.25B	-229.02	―	0.22%	-19.06%	-175.93%
PEARLPOLY	48 Neutral	₹283.67M	-5.93	―	―	―	―