---
title: "Sand Plast (India) Ltd (533079) — Share Price, Financials & Analysis"
symbol: "533079"
company: "Sand Plast (India) Ltd"
canonical: "https://tapetide.com/stocks/533079"
isin: "INE122K01013"
bse_code: "533079"
sector: "Commodities"
industry: "Other Construction Materials"
generated_at: "2026-09-13T19:29:16.640Z"
---

# Sand Plast (India) Ltd (533079)

Canonical page: https://tapetide.com/stocks/533079

## Company

- **BSE Code:** 533079
- **ISIN:** INE122K01013
- **Sector:** Commodities
- **Industry:** Other Construction Materials
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Listed Since:** 2009-06-04
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** sandplastindia.com

## About

Sand Plast (India) Ltd situated at DCB ash pond, adjacent to Nagla Machi CNG Station, Ring Road, New Delhi  110002. Engaged in the Manufacturing of SAND LIME FLY ASH BRICK made up of Fly ash sand, lime as main raw material.(Source 2014 Annual Report)

## Latest Price

- **Price:** ₹1.87
- **Change:** -0.06 (-3.11%)
- **Open:** ₹1.87
- **Day High:** ₹1.87
- **Day Low:** ₹1.87
- **Previous Close:** ₹1.93
- **Volume:** 100
- **As Of:** 2020-05-21T23:16:22+00:00

## Key Insights

### Strengths

- Stock is trading at 0.52 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -1.50% over last 3 years.
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | 1Y | 5Y |
| --- | --- | --- |
| net income growth | -340% | 14% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1.26 | 1.23 | 0.61 | 0.89 | 0.59 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 1.55 | 1.65 | 0.97 | 1.11 | 0.95 | 0 | 0 | 0 | 0.22 | 0.01 | 0.01 | 0.01 |
| Operating Profit | -0.29 | -0.42 | -0.36 | -0.22 | -0.36 | 0 | 0 | 0 | -0.22 | -0.01 | -0.01 | -0.01 |
| OPM % | -23.02 | -34.15 | -59.02 | -24.72 | -61.02 | — | — | — | — | — | — | — |
| Other Income | 0 | 0.18 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.35 | 0.36 | 0.38 | 0.38 | 0.38 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -0.64 | -0.6 | -0.74 | -0.6 | -0.74 | 0 | 0 | 0 | -0.22 | -0.01 | -0.01 | -0.01 |
| Tax % | 0 | 0 | 0 | 0 | 0 | — | — | — | 0 | 0 | 0 | 0 |
| Net Profit | -0.64 | -0.59 | -0.73 | -0.6 | -0.73 | 0 | 0 | 0 | -0.22 | -0.01 | -0.01 | -0.01 |
| EPS in Rs | -0.28 | -0.25 | -0.31 | -0.24 | -0.29 | 0 | 0 | 0 | -0.09 | 0 | 0 | 0 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2016 | Mar 2017 | Mar 2018 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 3.95 | 5.47 | 2.93 | 2.35 | 7.17 | 4.58 | 0.04 | 0 | 0 | 0 |
| Expenses | 5.59 | 7.41 | 4.83 | 4.22 | 8.18 | 5.36 | 0.26 | 0.05 | 0.2 | 0.25 |
| Operating Profit | -1.64 | -1.94 | -1.9 | -1.87 | -1.01 | -0.78 | -0.22 | -0.05 | -0.2 | -0.25 |
| OPM % | -41.52 | -35.47 | -64.85 | -79.57 | -14.09 | -17.03 | -550 | — | — | — |
| Other Income | 6.18 | 13.69 | 0.12 | 0.15 | 0.08 | 0.18 | 0 | 0 | 0 | 0 |
| Interest | 0.06 | 0.11 | 0.08 | 0.03 | 0.01 | 0.08 | 0 | 0 | 0.02 | 0 |
| Depreciation | 1.94 | 2.01 | 2.01 | 2.01 | 2.02 | 1.4 | 0 | 0 | 0 | 0 |
| Profit before tax | 2.54 | 9.63 | -3.87 | -3.76 | -2.96 | -2.08 | -0.22 | -0.05 | -0.22 | -0.25 |
| Tax % | 0.39 | 0 | 0 | -10.11 | -12.5 | -8.17 | 0 | 0 | 0 | — |
| Net Profit | 2.53 | 9.63 | -3.87 | -3.38 | -2.59 | -1.91 | -0.22 | -0.05 | -0.22 | -0.25 |
| EPS in Rs | 1.09 | 4.15 | -1.67 | -1.46 | -1.12 | -0.82 | -0.09 | -0.02 | -0.09 | -0.09 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Sep 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 23.2 | 23.2 | 23.2 | 23.2 | 23.2 | 23.2 | 25 | 29.5 | 29.5 | 29.5 |
| Reserves | -9.1 | -3.35 | -7.22 | -10.6 | -13.19 | -15.1 | -13.95 | -18.68 | -18.91 | -18.93 |
| Borrowings | 12.57 | 6.08 | 8.31 | 9.97 | 10.57 | 9.19 | 8.85 | 8.85 | 8.85 | 8.85 |
| Other Liabilities | 16.06 | 13.43 | 12.87 | 12.43 | 13.15 | 14.63 | 9.47 | 9.68 | 9.91 | 9.93 |
| Total Liabilities | 42.73 | 39.36 | 37.16 | 35 | 33.73 | 31.92 | 29.37 | 29.35 | 29.35 | 29.35 |
| Fixed Assets | 31.54 | 29.53 | 27.53 | 25.53 | 24.6 | 25.95 | 23.8 | 23.8 | 23.8 | 23.8 |
| CWIP | 2.01 | 3.21 | 3.57 | 3.77 | 2.74 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Other Assets | 9.16 | 6.6 | 6.04 | 5.68 | 6.37 | 5.95 | 5.55 | 5.53 | 5.53 | 5.53 |
| Total Assets | 42.73 | 39.36 | 37.16 | 35 | 33.73 | 31.92 | 29.37 | 29.35 | 29.35 | 29.35 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -9.96 | 10.64 | 5.22 | -1.5 | -1.4 | 0.2 | -0.6 | — | -0.02 | 0 |
| Cash from Investing Activity | 0.17 | 4.29 | -1.49 | -0.44 | -0.21 | -0.06 | 0 | — | 0 | 0 |
| Cash from Financing Activity | 9.54 | -11.61 | -6.49 | 1.7 | 1.31 | 0.4 | 0 | — | 0 | 0 |
| Net Cash Flow | -0.25 | 3.32 | -2.76 | -0.24 | -0.3 | 0.54 | -0.6 | — | -0.02 | 0 |
| Free Cash Flow | -9.79 | 14.9 | 4.02 | -1.86 | -1.6 | 0.14 | -0.6 | — | -0.02 | 0 |
| CFO/OP | 672 | -652 | -274 | 79 | 75 | -20 | 67 | — | 40 | 0 |

### Ratios

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 467.95 | 85.01 | 50.71 | 84.71 | 111.83 | 35.63 | 86.87 | 6296.25 | — | — |
| Inventory Days | 406.71 | 68.35 | 79.97 | 83.14 | 84.6 | 62.37 | 45.36 | 693.5 | — | — |
| Days Payable | 1251.43 | 138.15 | 101.5 | 146 | 147.45 | 133.99 | 347.72 | 7117.5 | — | — |
| Cash Conversion Cycle | -376.77 | 15.21 | 29.18 | 21.85 | 48.98 | -35.98 | -215.5 | -127.75 | — | — |
| Working Capital Days | -1815.64 | -981.34 | -280.92 | -979.15 | -1312.45 | -510.08 | -789.77 | -46263.75 | — | — |
| ROCE % | — | 8.16 | 37.07 | -15.09 | -15.92 | -13.67 | -10.56 | — | -0.25 | -1.02 |

## Shareholding Pattern

### annual

| Category | Mar 2016 | Mar 2017 | Mar 2018 | Dec 2018 |
| --- | --- | --- | --- | --- |
| Promoters | 51.47% | 43.62% | 43.36% | 43.36% |
| FIIs | 0.1% | 0.08% | 0% | 0.08% |
| DIIs | 2.08% | 1.77% | 1.85% | 1.77% |
| Public | 46.35% | 54.53% | 54.8% | 54.8% |
| No. of Shareholders | 13732 | 13742 | 13773 | 13774 |

### Quarterly

| Category | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 51.47% | 43.62% | 43.62% | 43.62% | 43.62% | 43.36% | 43.36% | 43.36% | 43.36% | 43.36% | 43.36% | 43.36% |
| FIIs | 0.1% | 0.08% | 0% | 0% | 0.08% | 0% | 0% | 0% | 0% | 0.08% | 0.08% | 0.08% |
| DIIs | 2.08% | 1.77% | 1.85% | 1.85% | 1.77% | 1.85% | 1.85% | 1.85% | 1.85% | 1.77% | 1.77% | 1.77% |
| Public | 46.35% | 54.53% | 54.53% | 54.53% | 54.53% | 54.8% | 54.8% | 54.8% | 54.8% | 54.8% | 54.8% | 54.8% |
| No. of Shareholders | 13732 | 13730 | 13733 | 13737 | 13742 | 13773 | 13773 | 13773 | 13773 | 13775 | 13777 | 13774 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 6 / 1 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 2.27 | Sell |
| EMA (10) | 2.21 | Sell |
| SMA (20) | 2.53 | Sell |
| EMA (20) | 2.33 | Sell |
| SMA (50) | 2.12 | Sell |
| EMA (50) | 2.29 | Sell |
| SMA (100) | 2.27 | Sell |
| EMA (100) | 2.28 | Sell |
| SMA (200) | 2.4 | Sell |
| EMA (200) | 2.27 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 24.36 | Buy |
| MACD (12,26,9) | -0.09 | Sell |
| Stochastic (14,3,3) | 0 | Buy |
| ADX (14) | 43 | Buy |
| Williams %R (14) | -100 | Buy |
| ATR (14) | 0.07 | High Volatility |
| ROC (12) | -33.45 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 5.28 | Buy |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 22 January 2026 - Mr. Tushar Uttamchand Mehta appointed Compliance Officer w.e.f. 22 January 2026; also Managing Director of Mangalam Alloys Limited (brief profile included). | [Change in Company Secretary/Compliance Officer 22 January 2026 - Mr. Tushar Uttamchand Mehta appointed Compliance Officer w.e.f. 22 January 2026; also Managing Director of Mangalam Alloys Limited (brief profile included).](https://nsearchives.nseindia.com/corporate/MANGALAMALLOYS_22012026180156_Regulation_30_Appointment_of_Compliance_Officer.pdf) |
| 22 January 2026 - Board appointed Managing Director Tushar U. Mehta as Compliance Officer effective 22 January 2026. | [Outcome of Board Meeting 22 January 2026 - Board appointed Managing Director Tushar U. Mehta as Compliance Officer effective 22 January 2026.](https://nsearchives.nseindia.com/corporate/MANGALAMALLOYS_22012026175821_Outcome_BM.pdf) |
| 13 November 2025 - IPO proceeds Rs.5,491.2 lakh utilization report for half-year ended Sep 30, 2025; no deviation. | [Statement of deviation(s) or variation(s) under Reg. 32 13 November 2025 - IPO proceeds Rs.5,491.2 lakh utilization report for half-year ended Sep 30, 2025; no deviation.](https://nsearchives.nseindia.com/corporate/MANGALAMALLOYS_13112025172611_Regulation_32_Statement_of_Deviation_Signed.pdf) |
| 13 November 2025 - Approved H1 FY26 unaudited results (profit Rs1,176.03 lakh); CS Sonam Pandey resigned (12 Nov 2025). | [Outcome of Board Meeting 13 November 2025 - Approved H1 FY26 unaudited results (profit Rs1,176.03 lakh); CS Sonam Pandey resigned (12 Nov 2025).](https://nsearchives.nseindia.com/corporate/MANGALAMALLOYS_13112025171658_Outcome_BM_Mangalam_Signed.pdf) |
| 13 January 2026 - Reg 74(5) confirmation: no physical share certificates for demat received for quarter ended 31-Dec-2025. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 13 January 2026 - Reg 74(5) confirmation: no physical share certificates for demat received for quarter ended 31-Dec-2025.](https://nsearchives.nseindia.com/corporate/MANGALAMALLOYS_13012026165651_Reg_74_5__Signed.pdf) |
| — | [Closure of Trading Window 4 Apr 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9D05466E_5441_41D7_A71C_85CE36694D25_194835.pdf) |
| — | [Closure of Trading Window 4 Apr 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9D05466E_5441_41D7_A71C_85CE36694D25_194835.pdf) |
| — | [Disclosure regarding Regulation 8 (2) of SEBI Prohibition of Insider Trading Regulations, 2015 3 Apr 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=A47EBEAB_AF46_4136_8B84_EB8198A0F8B5_170133.pdf) |
| — | [Disclosure regarding Regulation 8 (2) of SEBI Prohibition of Insider Trading Regulations, 2015 3 Apr 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/A47EBEAB_AF46_4136_8B84_EB8198A0F8B5_170133.pdf) |
| — | [Standalone Financial Results, Limited Review Report for December 31, 2018 31 Jan 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8ADCA8D6_1BF0_4491_A7E0_4D2B57BFDA50_180016.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28855_MAL_2024_2025_A_6162837_06092025214419.pdf) |
| from nse | [Financial Year 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_24743_MAL_2023_2024_3107202416819.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/533079/5330790318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/533079/5330790317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/533079/5330790316.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/533079/5330790314.pdf) |
| from bse | [Annual Report 2012 from bse](https://www.bseindia.com/bseplus/AnnualReport/533079/5330790312.pdf) |
| from bse | [Annual Report 2011 from bse](https://www.bseindia.com/bseplus/AnnualReport/533079/5330790311.pdf) |
| from bse | [Annual Report 2010 from bse](https://www.bseindia.com/bseplus/AnnualReport/533079/5330790310.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:29:16.640Z.