HCP Plastene Bulkpack
HCP Plastene Bulkpack
Industrial ProductsKey Fundamentals
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Key Insights
Strengths
1- Company is expected to give good quarter
Weaknesses
2- Stock is trading at 4.12 times its book value
- Contingent liabilities of Rs.133 Cr.
Growth Rate
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 59 | 79 | 80 | 77 | 105 | 117 | 119 | 122 | 126 | 198 | 121 | 143 | 174 |
| Expenses | 58 | 74 | 75 | 71 | 98 | 110 | 111 | 109 | 117 | 186 | 102 | 126 | 141 |
| Operating Profit | 1 | 5 | 5 | 5 | 7 | 8 | 8 | 13 | 9 | 11 | 19 | 17 | 33 |
| OPM % | 2.3% | 6% | 6% | 7% | 6% | 6% | 7% | 11% | 7% | 6% | 16% | 12% | 19% |
| Other Income | 0 | 1 | 0 | 1 | 1 | 1 | 1 | 2 | 7 | 2 | 2 | 2 | 1 |
| Interest | 2 | 3 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 5 | 6 | 5 | 5 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| PBT | -3 | 1 | 0 | 1 | 3 | 3 | 3 | 9 | 10 | 7 | 12 | 11 | 26 |
| Tax % | -20% | 14% | 6% | 17% | 26% | 26% | 29% | -16% | 26% | 27% | 32% | 24% | 30% |
| Net Profit | -2 | 1 | 0 | 1 | 2 | 2 | 2 | 11 | 7 | 5 | 8 | 8 | 18 |
| EPS in Rs | -1.41 | 0.21 | -0.42 | 0.52 | 1.36 | 1.41 | 1.41 | 4.72 | 3.76 | 3.71 | 6.58 | 7.69 | 12.93 |
Profit & Loss
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|
| Sales | 16 | 112 | 351 | 295 | 463 | 588 | 636 |
| Expenses | 19 | 106 | 334 | 278 | 428 | 531 | 556 |
| Operating Profit | -3 | 6 | 18 | 17 | 35 | 56 | 80 |
| OPM % | -20% | 5% | 5% | 6% | 8% | 10% | 13% |
| Other Income | 53 | 1 | 1 | 3 | 5 | 12 | 6 |
| Interest | 1 | 4 | 10 | 12 | 15 | 20 | 22 |
| Depreciation | 5 | 5 | 7 | 7 | 7 | 8 | 8 |
| PBT | 44 | -3 | 1 | 0 | 18 | 40 | 56 |
| Tax % | -46% | -22% | 36% | -55% | 26% | 28% | — |
| Net Profit | 64 | -2 | 1 | 0 | 13 | 29 | 40 |
| EPS in Rs | 38.79 | -2.86 | -2.07 | -1.11 | 9.02 | 21.73 | 30.91 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 5% | — |
Balance Sheet
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 11 | 11 | 11 | 11 |
| Reserves | 16 | 15 | 39 | 39 | 49 | 71 |
| Borrowings | 38 | 109 | 123 | 158 | 190 | 246 |
| Other Liabilities | 8 | 39 | 27 | 25 | 35 | 51 |
| Total Liabilities | 72 | 174 | 200 | 233 | 285 | 378 |
| Fixed Assets | 27 | 79 | 84 | 77 | 71 | 70 |
| CWIP | 0 | 0 | 1 | 4 | 2 | 0 |
| Investments | 0 | 0 | 1 | 1 | 1 | 1 |
| Other Assets | 45 | 94 | 115 | 152 | 212 | 308 |
| Total Assets | 72 | 174 | 200 | 233 | 285 | 378 |
Cash Flow
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Operating | -16 | -23 | -20 | -19 | -19 | — |
| Investing | -1 | -57 | -13 | -5 | 1 | — |
| Financing | 14 | 81 | 34 | 24 | 18 | — |
| Net Cash Flow | -3 | 0 | 1 | -1 | 0 | — |
| Free Cash Flow | -17 | -80 | -33 | -23 | -18 | — |
| CFO/OP | 499 | -420 | -102 | -100 | -54 | — |
Ratios
| Particulars | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor Days | 76 | 87 | 28 | 70 | 78 | 71 |
| Inventory Days | 225 | 115 | 38 | 65 | 61 | 75 |
| Days Payable | 245 | 94 | 9 | 7 | 9 | 6 |
| Cash Conversion Cycle | 56 | 108 | 57 | 129 | 131 | 140 |
| Working Capital Days | 85 | 43 | -6 | -5 | 7 | 35 |
| ROCE % | — | 1% | 6% | 6% | 13% | 19% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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63 extracted metrics + investor summaries across FY10–FY26.
Documents
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Company Information
Incorporated in 1984, HCL Plastene Bulkpack Ltd deals in FIBC Jumbo Bags, PP Woven Sack Bags, PP Woven Labels and related products[1]
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