Plastiblends India Limited Share Price and Company Fundamentals



Price
₹208.95
Change
14.700 (7.568%)
52 week
177.05 - 306.0

Last traded: Today at 9:59 AM

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.

Key Metrics

PE ratio

13.98

PB ratio

1.35

Dividend yield

2.06%

Beta

0.74

Market cap

-

Enterprise value

-

Company profile

Industry / SectorSpecialty Chemicals / Basic Materials
Full time employees477
Websitehttps://www.plastiblends.com
Mailing addressFortune Terraces, A-Wing 10th Floor Opposite Citi Mall New Link Road, Andheri (West) Mumbai 400053 India
Phone / Fax91 22 6720 5200 / 91 22 2673 6808

Dividends

Dividend yield

2.06%

Dividend amount

₹4.00

Payout ratio

28.33%

Plastiblends India Limited paid ₹4.00 dividend and the ex-dividend date was 17 June 2022.The dividend payout ratio is 28.33%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.PLASTIBLEN dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

PLASTIBLEN's forward dividend amount is ₹4 and the forward dividend yield is 2.03%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Plastiblends India Limited.

NameTitleAgeTotal Pay
Mr. Satyanarayan Gopilal N. KabraChairman & MD779.73M
Mr. Varun Satyanarayan KabraVice Chairman & MD357.78M
Mr. Shreevallabh Gopilal Kabra B.A., B.A. (Hons)Non-Exec. Non-Independent Director84
Mr. Anand R. MundraChief Financial Officer
Mr. Himanshu Suresh MhatreCompliance Officer & Company Sec.

Profitability and management effectiveness

Profit margin

5.11%

Operating margin

6.38%

Return on assets

5.90%

Return on equity

10.31%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Plastiblends India Limited is and its enterprise value is .

The PLASTIBLEN's stocks Beta value is 0.74 making it 26% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Plastiblends India Limited (NSE:PLASTIBLEN) Frequently Asked Questions

1. What is Plastiblends India Limited's Stock Symbol?

Plastiblends India Limited trades on NSE under the ticker symbol "PLASTIBLEN".

2. What is Plastiblends India Limited's stock price today?

One share of PLASTIBLEN stock can currently be purchased for approximately ₹208.95.

3. How can I contact Plastiblends India Limited?

Plastiblends India Limited's mailing address is Fortune Terraces, A-Wing 10th Floor Opposite Citi Mall New Link Road, Andheri (West) Mumbai 400053 India. The company can be reached via phone at 91 22 6720 5200.

4. What is Plastiblends India Limited's official website?

The official website of Plastiblends India Limited is https://www.plastiblends.com.