Plastiblends India Limited (PLASTIBLEN) AI Stock Analysis

• Market Cap: ₹4.23B
• Dividend Yield: 1.53%
• Average Volume (3M): 2.23K
• Price to Earnings (P/E): 13.0
• Beta (1Y): 1.40
• Revenue Growth: -2.17%
• EPS Growth: -5.39%
• Country: IN
• Employees: 477
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): 2.86
• 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: Moderate Buy
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 61 Neutral
• Price Target: ₹181.00 ▲(11.11% Upside)

Plastiblends India Limited's stock score is primarily influenced by its stable financial performance, despite some operational inefficiencies. The technical analysis indicates bearish momentum, which could pose short-term challenges. Valuation is fair, but the stock's attractiveness is limited by its current market momentum.

Positive Factors

Financial Stability

A strong balance sheet with low debt enhances the company's ability to weather economic fluctuations and invest in growth opportunities.

Consistent Profitability

Consistent profitability and strong gross margins indicate effective cost management and competitive pricing, supporting long-term sustainability.

Market Diversification

Diversified market presence reduces reliance on a single sector, enhancing resilience against industry-specific downturns and supporting stable revenue streams.

Negative Factors

Declining Revenue Growth

A decline in revenue growth suggests challenges in expanding market share or product adoption, potentially impacting future profitability.

Operating Margin Pressure

Compressed margins may reflect increased costs or pricing pressures, which could erode profitability if not addressed through efficiency improvements.

Cash Flow Inefficiencies

Negative free cash flow indicates potential issues in cash generation, which can limit investment capacity and strain financial flexibility.

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 masterbatches, as well as conductive compounds and engineering polymers. It serves the agriculture, appliance, automotive and transportation, healthcare and pharma, packaging, textiles, and wire and cable markets, as well as electrical, electronics, and telecommunication markets. The company also exports its products to approximately 40 countries. Plastiblends India Limited was incorporated in 1991 and is headquartered in Mumbai, India.

How the Company Makes Money

Plastiblends India Limited generates revenue primarily through the sale of its plastic compounds and masterbatches. The company's revenue model is built on a combination of direct sales to manufacturers across various sectors, as well as long-term contracts with strategic partners. Key revenue streams include the production of standard and customized masterbatches tailored to specific customer requirements, which allows for premium pricing. Additionally, PLASTIBLEN benefits from economies of scale due to its established manufacturing processes and efficient supply chain management. The company also engages in research and development to innovate new products, further enhancing its market position and driving sales growth. Significant partnerships with large-scale manufacturers and distributors in key industries play a crucial role in expanding its market reach and ensuring steady revenue inflow.

Plastiblends India Limited Financial Statement Overview

Summary

Plastiblends India Limited shows financial stability with a strong balance sheet and consistent profitability. However, declining operating margins and cash flow inefficiencies are concerns that need addressing to sustain growth.

Income Statement

Plastiblends India Limited demonstrated consistent profitability with a strong Gross Profit Margin averaging around 25% over the years. However, recent EBITDA and EBIT margins have shown signs of compression, indicating pressure on operating efficiency. Revenue growth has been moderate, with a slight decline in the most recent year. This suggests stability but with potential room for operational improvement.

Balance Sheet

The balance sheet is robust, characterized by a low Debt-to-Equity Ratio, indicating prudent financial leverage. The company maintains a high Equity Ratio, showcasing financial stability. However, Return on Equity has been decreasing, which raises concerns about the efficiency of equity utilization.

Cash Flow

Cash flow analysis reveals a decline in free cash flow, with the most recent figures turning negative. Although operating cash flow remains positive, the Free Cash Flow to Net Income Ratio has deteriorated, pointing towards potential issues in cash generation relative to earnings. The company needs to focus on improving cash flow management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	7.69B	7.80B	8.02B	7.69B	7.14B	5.77B
Gross Profit	1.79B	1.99B	1.94B	820.69M	1.69B	1.76B
EBITDA	562.89M	519.75M	619.00M	541.17M	681.68M	720.45M
Net Income	315.17M	334.42M	345.25M	268.51M	366.99M	373.47M
Balance Sheet
Total Assets	0.00	5.07B	4.82B	4.84B	5.18B	4.53B
Cash, Cash Equivalents and Short-Term Investments	368.93M	378.31M	487.27M	289.51M	79.26M	89.50M
Total Debt	0.00	47.88M	78.12M	87.13M	466.94M	342.63M
Total Liabilities	-4.28B	793.32M	770.79M	894.48M	1.36B	1.23B
Stockholders Equity	4.28B	4.28B	4.05B	3.95B	3.81B	3.30B
Cash Flow
Free Cash Flow	0.00	-25.36M	257.65M	641.83M	97.57M	271.31M
Operating Cash Flow	0.00	88.61M	380.63M	723.10M	154.45M	481.44M
Investing Cash Flow	0.00	62.54M	-274.38M	-261.77M	-47.60M	-272.58M
Financing Cash Flow	0.00	-119.00M	-110.20M	-452.67M	-117.08M	-194.38M

Plastiblends India Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 162.90
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PLASTIBLEN, the sentiment is Neutral. The current price of 162.9 is below the 20-day moving average (MA) of 163.07, below the 50-day MA of 170.40, and below the 200-day MA of 187.68, indicating a bearish trend. The MACD of -2.42 indicates Negative momentum. The RSI at 45.11 is Neutral, neither overbought nor oversold. The STOCH value of 37.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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	70 Neutral	₹4.24B	16.36	―	0.37%	3.39%	6.48%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
PLASTIBLEN	61 Neutral	₹4.23B	12.97	―	1.53%	-2.17%	-5.39%
KUANTUM	60 Neutral	₹8.04B	12.44	―	3.26%	-9.47%	-54.96%
KRITI	44 Neutral	₹4.73B	-26.91	―	0.23%	-19.06%	-175.93%