Date: 28 Mar 2024

Plastic products

Sector	Market Cap	No of Companies
Plastic products	191143.25	91

 

NetWorth	28860.50	TTM Sales	44551.28	TTM Sales Var (%)	6.14
Debt	7830.46	TTM OP	5993.78	TTM NP Var (%)	37.86
Capital Employed	38091.20	TTM OPM (%)	17.40	EV/TM Sales	4.29
Net Block	14847.11	TTM PATM (%)	9.45	EV/TTM EBITDA	32.89
Current Assets	23140.10	Debt / Equity	0.27	P/E	45.38
ROCE (%)	42.05	RONW (%)	14.60	P/B	6.62

The above figures are in Rs. Crores as of 28 Mar 2024

TTM ended December 2023

	28 Mar 2024	28 Feb 2023	28 Feb 2022	MoM Var. (%)	YoY Var. (%)
Sector Marketcap	191143.25	129525.11	120067.55	47.57	59.2
Total Marketcap	38945362.38	25907447.46	26551333.43	50.32	46.68
Sector's share	0.49	0.5	0.45	-0.01	0.04
Sector No of companies	91	80	74	11	17
Total Listed companies	4583	4247	4124	336	459
Sector's share	1.99	1.88	1.79	0.11	0.2
Nifty 50	22123.65	21982.8	17359.75	0.64	27.44

 

Gainers
Company Name	28/03/2024	28/02/2024	Var%
Kisan Mouldings	60.54	40.83	48.27
National Plastic	435.20	325.90	33.54
Tijaria Polypipe	12.75	10.55	20.85
Apt Packaging	44.20	37.36	18.31
Kkalpana Plastic	27.55	23.60	16.74
Losers
Company Name	28/03/2024	28/02/2024	Var%
Polylink Poly.	24.38	36.64	-33.46
OK Play India	14.00	19.79	-29.26
Avro India	104.45	146.75	-28.82
Innovative Tech	23.31	31.14	-25.14
Guj. Petrosynth.	48.65	64.34	-24.39

 

During the month of March 2024, Plastic products sector’s Marketcap increased 47.57% to Rs 191143.25 crore, compared to 50.32% rise in total listed marketcap to Rs 38945362.38 crore.

Sector’s share of total listed marketcap moved to 0.49% in March 2024 from 0.5% in February 2023 and 0.45% in February 2022.

In terms of price appreciation in the sector, there were 18 gainers and 54 losers in the month of Mar 2024. The gainers accounted for 19.78% of sector companies, losers accounted for 59.34% of sector companies, while 19% remained unchanged.

The top 3 gainers were Kisan Mouldings (48.27% gain), National Plastic (33.54% gain) and Tijaria Polypipe (20.85% gain).

The 3 losers at the bottom were Polylink Poly. (-33.46% fall), OK Play India (-29.26% fall) and Avro India (-28.82% fall).

OK Play India Ltd announced Stock Split in the ratio of 1:10.

Astral Ltd, G M Polyplast Ltd, Prima Plastics Ltd, Safari Industries (India) Ltd, Supreme Industries Ltd and V I P Industries Ltd announced dividend of 1.5, 0.5, 2, 2.5, 8 and 2.

During the month Caprihans India Ltd, Gujarat Petrosynthese Ltd, Supreme Industries Ltd, XPRO India Ltd, Safari Industries (India) Ltd, V I P Industries Ltd, Tainwala Chemicals & Plastics (India) Ltd, Pet Plastics Ltd, Jain Irrigation Systems Ltd, Finolex Industries Ltd, Apt Packaging Ltd, Jai Corp Ltd, Nilkamal Ltd, Kunststoffe Industries Ltd, Kingfa Science & Technology (India) Ltd, Kkalpana Plastick Ltd, Mahindra EPC Irrigation Ltd, Pil Italica Lifestyle Ltd, Innovative Tech Pack Ltd, MPL Plastics Ltd, Royal Cushion Vinyl Products Ltd, Multibase India Ltd, Premier Polyfilm Ltd, Kriti Industries (India) Ltd, OK Play India Ltd, KKalpana Industries (India) Ltd, Narmada Macplast Drip Irrigation Systems Ltd, Jauss Polymers Ltd, Arrow Greentech Ltd, Dutron Polymers Ltd, Mayur Uniquoters Ltd, Jasch Industries Ltd, Wim Plast Ltd, Tokyo Plast International Ltd, National Plastic Industries Ltd, Axel Polymers Ltd, Bright Brothers Ltd, Union Quality Plastics Ltd, Aadi Industries Ltd, Kisan Mouldings Ltd, Vinyoflex Ltd, Ashish Polyplast Ltd, Prima Plastics Ltd, Rungta Irrigation Ltd, Integrated Thermoplastics Ltd, Infra Industries Ltd, National Plastic Technologies Ltd, Polycon International Ltd, Signet Industries Ltd, Polylink Polymers (India) Ltd, Shaily Engineering Plastics Ltd, Yuvraaj Hygiene Products Ltd, Responsive Industries Ltd, Apollo Pipes Ltd, Padmanabh Alloys & Polymers Ltd, Marvel Vinyls Ltd, Vuenow Infratech Ltd, Innocorp Ltd, Bisil Plast Ltd, Astral Ltd, Time Technoplast Ltd, Prince Pipes & Fittings Ltd, Texmo Pipes & Products Ltd, Captain Polyplast Ltd, Tijaria Polypipes Ltd, Sanco Industries Ltd, Polymac Thermoformers Ltd, Dhabriya Polywood Ltd, Captain Pipes Ltd, Ahimsa Industries Ltd, Mitsu Chem Plast Ltd, AVSL Industries Ltd, Sintex Plastics Technology Ltd, Niraj Ispat Industries Ltd, Shish Industries Ltd, R M Drip & Sprinklers Systems Ltd, SMVD Poly Pack Ltd, Avro India Ltd, Rex Pipes & Cables Industries Ltd, Deep Polymers Ltd, Kshitij Polyline Ltd, Roni Households Ltd, Prakash Pipes Ltd, G M Polyplast Ltd, Cool Caps Industries Ltd, Clara Industries Ltd, Technopack Polymers Ltd, Master Components Ltd, Command Polymers Ltd, Essen Speciality Films Ltd, Kaka Industries Ltd, Polysil Irrigation Systems Ltd, Aik Pipes & Polymers Ltd and Swashthik Plascon Ltd filed their shareholding patterns.

FIIs increased their shareholding in XPRO India Ltd from 12.04% to 14.98%, Clara Industries Ltd from 0.54% to 3.33%, Astral Ltd from 18.50% to 19.79%, Supreme Industries Ltd from 23.86% to 24.65%, Prince Pipes & Fittings Ltd from 5.01% to 5.74%, Apollo Pipes Ltd from 2.68% to 3.23%, Jai Corp Ltd from 0.92% to 1.44%, Mayur Uniquoters Ltd from 2.40% to 2.84%, Jain Irrigation Systems Ltd from 3.94% to 4.37% and National Plastic Technologies Ltd from 0.00% to 0.16%. FIIs reduced their shareholding in Texmo Pipes & Products Ltd from 0.63% to 0.60%, Pil Italica Lifestyle Ltd from 0.08% to 0.04%, Mahindra EPC Irrigation Ltd from 0.19% to 0.05%, Finolex Industries Ltd from 6.67% to 6.45%, V I P Industries Ltd from 7.74% to 7.49%, Time Technoplast Ltd from 5.96% to 5.70%, OK Play India Ltd from 19.95% to 19.64%, Responsive Industries Ltd from 6.42% to 6.09%, Safari Industries (India) Ltd from 13.44% to 13.06% and Essen Speciality Films Ltd from 2.63% to 0.79%.

DIIs increased their shareholding in Safari Industries (India) Ltd from 13.10% to 14.54%, XPRO India Ltd from 0.07% to 0.81%, Time Technoplast Ltd from 8.04% to 8.55%, Astral Ltd from 11.42% to 11.82%, Prince Pipes & Fittings Ltd from 15.89% to 16.01%, Jain Irrigation Systems Ltd from 9.28% to 9.30% and Responsive Industries Ltd from 3.56% to 3.57%. DIIs reduced their shareholding in Apollo Pipes Ltd from 14.00% to 13.83%, Finolex Industries Ltd from 12.09% to 11.88%, Nilkamal Ltd from 20.00% to 19.79%, Shaily Engineering Plastics Ltd from 10.60% to 10.38%, Gujarat Petrosynthese Ltd from 10.59% to 10.25%, Supreme Industries Ltd from 12.33% to 11.82%, V I P Industries Ltd from 13.68% to 12.72% and Mayur Uniquoters Ltd from 9.34% to 8.32%.

Promoters increased their shareholding in Captain Polyplast Ltd from 66.50% to 68.08%, Roni Households Ltd from 65.42% to 66.39%, V I P Industries Ltd from 51.22% to 51.76%, Cool Caps Industries Ltd from 73.53% to 73.95%, Tainwala Chemicals & Plastics (India) Ltd from 67.05% to 67.45%, National Plastic Technologies Ltd from 65.55% to 65.64%, Essen Speciality Films Ltd from 70.05% to 70.07% and KKalpana Industries (India) Ltd from 74.84% to 74.85%. Promoters reduced their shareholding in Tokyo Plast International Ltd from 64.50% to 63.65%, Safari Industries (India) Ltd from 46.88% to 45.73%, Astral Ltd from 55.85% to 54.10%, Padmanabh Alloys & Polymers Ltd from 52.56% to 50.35%, XPRO India Ltd from 45.26% to 42.46%, Polysil Irrigation Systems Ltd from 35.72% to 31.17%, R M Drip & Sprinklers Systems Ltd from 27.60% to 22.97%, Mitsu Chem Plast Ltd from 73.03% to 67.75%, Kshitij Polyline Ltd from 41.81% to 28.76% and Clara Industries Ltd from 66.63% to 51.14%.

During the month Annual reports of Dhruv Industries Ltd, Caprihans India Ltd, Mainetti India Pvt Ltd, Gujarat Petrosynthese Ltd, Kris Flexipacks Pvt Ltd, Premier Irrigation Adritec Pvt Ltd, Ultimate Flexipack Ltd, Supreme Industries Ltd, Ashirvad Pipes Pvt Ltd, XPRO India Ltd, Safari Industries (India) Ltd, Eastern Polycraft Industries Ltd, V I P Industries Ltd, Wavin Industries Ltd, Konkan Speciality Poly Products Pvt Ltd, Tainwala Chemicals & Plastics (India) Ltd, Overseas Polymers Pvt Ltd, Tijaria Polypipes Ltd, Pet Plastics Ltd, Trim Plastics Ltd, Sanco Industries Ltd, Hyundai Engineering Plastics India Pvt Ltd, Jain Irrigation Systems Ltd, MSL Industries Ltd, Finolex Industries Ltd, Apt Packaging Ltd, Gwalior Polypipes Ltd, Jai Corp Ltd, Nilkamal Ltd, Rehau Polymers Pvt Ltd, Kunststoffe Industries Ltd, Polymac Thermoformers Ltd, Armacell India Pvt Ltd, Kingfa Science & Technology (India) Ltd, Kkalpana Plastick Ltd, Kisan Irrigation & Infrastructure Ltd, Mahindra EPC Irrigation Ltd, Netafim Irrigation India Ltd, Pil Italica Lifestyle Ltd, Studds Accessories Ltd, Dhabriya Polywood Ltd, Innovative Tech Pack Ltd, Paragon Irrigation Pvt Ltd, Sudhakar Polymers Pvt Ltd, MPL Plastics Ltd, Tirupati Structurals Ltd, Royal Cushion Vinyl Products Ltd, Samana Plastic Ltd, Multibase India Ltd, Sudhakar Plastic Ltd, Hans Polyurethanes Ltd, Vindhya Pipes & Plastics Ltd, Premier Polyfilm Ltd, Kriti Industries (India) Ltd, AAACorp Exim India Pvt Ltd, Captain Pipes Ltd, OK Play India Ltd, Palak Tapes Pvt Ltd, KKalpana Industries (India) Ltd, Narmada Macplast Drip Irrigation Systems Ltd, Jauss Polymers Ltd, Kanodia Technoplast Ltd, Arrow Greentech Ltd, Alisha Torrent Closures (India) Pvt Ltd, Dutron Polymers Ltd, Shri Plasto Packers Pvt Ltd, Mayur Uniquoters Ltd, Guala Closures (India) Pvt Ltd, Ahimsa Industries Ltd, Jasch Industries Ltd, Life Line Circuit Pvt Ltd, Wim Plast Ltd, Systematic Industries Pvt Ltd, Tokyo Plast International Ltd, National Plastic Industries Ltd, Axel Polymers Ltd, Pacoline Industries Pvt Ltd, Jagriti Plastics Ltd, Bright Brothers Ltd, Mitsu Chem Plast Ltd, Sabic Innovative Plastics India Pvt Ltd, Union Quality Plastics Ltd, AVSL Industries Ltd, Sintex Plastics Technology Ltd, Aadi Industries Ltd, Kisan Mouldings Ltd, Niraj Ispat Industries Ltd, Vinyoflex Ltd, Siepmanns Card Systems Pvt Ltd, Blend Colours Pvt Ltd, Ashish Polyplast Ltd, Chime Polymers Pvt Ltd, Prima Plastics Ltd, Quadrant EPP Surlon India Ltd, Rungta Irrigation Ltd, Integrated Thermoplastics Ltd, Infra Industries Ltd, Shish Industries Ltd, Bhagwati Plastoworks Pvt Ltd, National Plastic Technologies Ltd, R M Drip & Sprinklers Systems Ltd, SMVD Poly Pack Ltd, Noble Polymers Ltd, Polycon International Ltd, Jai Hanuman Irrigation Ltd, Avro India Ltd, Signet Industries Ltd, Sree Krishna Labels & Solutions Pvt Ltd, Fancy Fittings Ltd, Rex Pipes & Cables Industries Ltd, Polylink Polymers (India) Ltd, Crest Speciality Resins Pvt Ltd, Shaily Engineering Plastics Ltd, K K Nag Pvt Ltd, Yuvraaj Hygiene Products Ltd, Responsive Industries Ltd, Shriram Axiall Pvt Ltd, Apollo Pipes Ltd, Bajaj Superpack India Ltd, Deep Polymers Ltd, National Flask Industries Ltd, Kshitij Polyline Ltd, Roni Households Ltd, Tejaswi Packaging Ltd, Fusion Industries Ltd, Atul Elkay Polymers Ltd, Shivalik Agro-Poly Products Ltd, IVL Dhunseri Petrochem Industries Pvt Ltd, Lotus Roofings Ltd, Prabh Dayal Om Parkash Infrastructure Ltd, Padmanabh Alloys & Polymers Ltd, Vivek Polymers Pvt Ltd, Marvel Vinyls Ltd, Prakash Pipes Ltd, Abhijeet Plastics India Pvt Ltd, Jyoti Poly Vinyl Ltd, Aeron Composites Pvt Ltd, P K N Caps & Polymers Pvt Ltd, Polyhose India Pvt Ltd, Funskool (India) Ltd, ABC Synthetics Pvt Ltd, Vuenow Infratech Ltd, Mutual Industries Ltd, Innocorp Ltd, Bisil Plast Ltd, Anchemco Ltd, Godavari Polymers Private Ltd, Betts India Pvt Ltd, LG Polymers India Private Ltd, Tupperware India Pvt Ltd, YKK India Pvt Ltd, Wavin India Ltd, Som Shiva (Impex) Ltd, Machino Polymers Ltd, Pololight Industries Ltd, Sundek India Ltd, Synthetic Moulders Ltd, W H Targett India Ltd, Axiom Cordages Ltd, Visen Industries Ltd, Shankar Packagings Ltd, Paradise Plastics Enterprise Ltd, Uma Polymers Ltd, Astral Ltd, Time Technoplast Ltd, Parixit Irrigation Ltd, Baerlocher India Additives Pvt Ltd, Kriti Auto & Engineering Plastics Pvt Ltd, Radiant Polymers Pvt Ltd, Formulated Polymers Ltd, A G Industries Pvt Ltd, Narendra Plastic Pvt Ltd, Prince Pipes & Fittings Ltd, Model Infra Corporation Pvt Ltd, Texmo Pipes & Products Ltd, Seal For Life India Pvt Ltd, Echon Industries Ltd, Hamilton Housewares Pvt Ltd, Finolex Plasson Industries Pvt Ltd, Captain Polyplast Ltd, Weener Empire Plastics Pvt Ltd, Klene Paks Ltd, Arofine Polymers Ltd, Bericap India Pvt Ltd, Sintex-BAPL Ltd, Chemco Plastic Industries Pvt Ltd, Hitesh Plastics Pvt Ltd, Time Mauser Industries Pvt Ltd, Veer Plastics Pvt Ltd, Kandui Industries Pvt Ltd, Sushila Parmar International Pvt Ltd, Ultra Craft Moulders Pvt Ltd, G M Polyplast Ltd, Cool Caps Industries Ltd, Clara Industries Ltd, Devi Polymers Pvt Ltd, Manika Plastech Pvt Ltd, Arihant Gold Plast Pvt Ltd, Technopack Polymers Ltd, Doctor Pack India Pvt Ltd, H.R.M. Polyplast Pvt Ltd, Master Components Ltd, PI Polyblendz Pvt Ltd, Command Polymers Ltd, Essen Speciality Films Ltd, Royal Inks & Equipments Pvt Ltd, Lunarmech Technologies Pvt Ltd, Su-Kam Solar & Power Pvt Ltd, Kaka Industries Ltd, Ecodur Windoors Pvt Ltd, M M Aqua Technologies Ltd, Supreme Gold Irrigations Ltd, Usha Agro Inds. Pvt Ltd, Hitkari Multi-Filters Pvt Ltd, Polysil Irrigation Systems Ltd, Clear Polyplast India Pvt Ltd, Alom Poly Extrusions Ltd, Ukay Luggage India Pvt Ltd, Chemi Pack (India) Pvt Ltd, K K Polycolor Asia Ltd, Shivaganga Polymers Pvt Ltd, Poly Colouraid India Pvt Ltd, Polytough Tubes Ltd, Lakshmi Life Sciences Pvt Ltd (2009), Nurpur Gases Pvt Ltd, Sudhakar P V C Products Pvt Ltd, Media Manoeuvre (India) Pvt Ltd, Jyoti Vinyl Ltd, Raj Polyfabrics Pvt Ltd, Schoeller Allibert Time Materials Handling Solutio, Satguru Polyfab Pvt Ltd, B A P L Rototech Pvt Ltd, Sangir Plastics Pvt Ltd, Thermoset Poly Products (I) Pvt Ltd, Santapet Polymers Ltd, Varsa Plastic Inds. Pvt Ltd, Southern Plastics Products (India) Pvt Ltd, Raunaq Plastics Ltd, First Engineering Plastics India Pvt Ltd, Excellent Gravure Inds. Pvt Ltd, Siyaram Polypet Pvt Ltd, Praspack Industries Pvt Ltd, Brentwood Industries India Pvt Ltd, Ashoka Poly Laminators Ltd, Hi-Tech Polyplast Nagpur Pvt Ltd, Kataria Plastics Pvt Ltd, Kothari Agritech Pvt Ltd, Nexture Technologies Pvt Ltd, Nova Formworks Pvt Ltd, Thermodors Pvt Ltd, Maclon Moulders Pvt Ltd, Prime Housewares Ltd, Pennwalt Agritech Ltd, Pioneer Plastic Inds. Ltd, Ilpea Paramount Ltd, Bharat Pet Ltd, A K G Plastics Pvt Ltd, N N Moulding Pvt Ltd, Shree T N B Polymers Ltd, Dutron Plastics Pvt Ltd, Dimension Polyproducts Pvt Ltd, Bankim Plast Pvt Ltd, Creative Propack Ltd, Champak Plastics Pvt Ltd, Plastech International Pvt Ltd, Anil Plast Inds. Pvt Ltd, D S M India Pvt Ltd, Nimbus Pipes Ltd, Lamtuf Ltd, Anantha Pvc Pipes Pvt Ltd, Plasweave Pvt Ltd, National Polyplast (India) Pvt Ltd, Jin Plast (India) Ltd, Hooghly Extrusions Ltd, Sourav Plasto Pvt Ltd, M G Polyplast Inds. Pvt Ltd, Aqua Plumbings Pvt Ltd, Rekan Industries Ltd, Sunvesta Pipes Pvt Ltd, Savoir Faire Mfg. Co. Pvt Ltd, Ameet Metaplast Pvt Ltd, A C E Mouldings Ltd, Lancer Reinforcements Pvt Ltd, Hind Filters Pvt Ltd, Resistotech Industries Pvt Ltd, Fluorotech Engineering Pvt Ltd, Seal For Life India Pvt Ltd (2019), Aasua Engineering Solutions Pvt Ltd, Servo Packaging Ltd, Kimplas Piping Systems Pvt Ltd (1996), Kaycee Digital Works Pvt Ltd, Satluz Engineering Pvt Ltd, Leakless Gasket India Pvt Ltd, Superflo Pvt Ltd, Kumar Arch Tech Pvt Ltd, A C G Pharmapack Pvt Ltd, Watertec (India) Pvt Ltd, Bajaj Polyblends Pvt Ltd, Banox Exim Pvt Ltd, R B Polymers Ltd, Kunstocom (India) Ltd, Vimal Moulders (India) Pvt Ltd, Timex Group Precision Engg. Ltd, Yadav Polymers Pvt Ltd, Prayag Polymers Pvt Ltd, Printotech Global Ltd, Anand Buttons Pvt Ltd, Alok Master Batches Pvt Ltd, Microtek Infosoft Pvt Ltd, Rajiv Plastics Pvt Ltd, Jewel Consumer Care Pvt Ltd, Rohini Flexopack Pvt Ltd, Mahika Packging (India) Ltd, J B J Technologies Ltd, A P P L Industries Ltd, Aksh Composites Pvt Ltd, Megha Fibre Glass Inds. Ltd, Sparrow Technologies Ltd, ASP Sealing Products Ltd, Asanplast Engineers Pvt Ltd, Aik Pipes & Polymers Ltd, Guarniflon India Pvt Ltd, JPS Plastics Pvt Ltd, D R Coats Ink & Resins Pvt Ltd, Dimple Drums & Barrels Pvt Ltd, Chemical Process Piping Pvt Ltd, Muscat Polymers Pvt Ltd, Swashthik Plascon Ltd, Packwell Thermoformers Pvt Ltd, Nisshinbo Mechatronics India Pvt Ltd, Sunplast Electronics Pvt Ltd and Amrit Plastics Pvt Ltd were updated in Capitaline.