National Plastic Industries (BSE 526616)₹36.99−1.18%Plastic Products - Industrial
In the Mar 2026 quarter (standalone), National Plastic Industries reported sales of ₹27.21 Cr, up 12.5% from Mar 2025, and net profit of −₹1.06 Cr, down 202.9% year on year. For the year to Mar 2026, sales were ₹103 Cr and net profit ₹3.01 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 19.15 | 22.02 | 26.43 | 30.97 | 24.36 | 21.21 | 27.34 | 24.18 | 22.03 | 22.81 | 31.18 | 27.21 |
| Expenses | 17.50 | 20.14 | 24.41 | 27.11 | 22.90 | 19.57 | 25.00 | 21.06 | 20.02 | 20.03 | 27.75 | 24.98 |
| Operating Profit | 1.70 | 1.94 | 2.08 | 3.90 | 1.52 | 1.67 | 2.42 | 3.18 | 2.02 | 2.82 | 3.45 | 2.30 |
| OPM % | 8.9% | 8.8% | 7.9% | 12.7% | 6.3% | 8.0% | 8.9% | 13.2% | 9.2% | 12.4% | 11.1% | 8.5% |
| Other Income | 0.01 | 0.01 | 0.01 | 0.65 | 0.01 | 0.01 | 0.03 | 0.57 | 0.01 | 0.03 | 0.01 | 0.74 |
| Interest | 0.61 | 0.53 | 0.42 | 0.52 | 0.33 | 0.43 | 0.34 | 0.72 | 0.52 | 0.53 | 0.64 | 0.39 |
| Depreciation | 0.64 | 0.65 | 0.69 | 0.64 | 0.59 | 0.61 | 0.62 | 0.67 | 0.65 | 0.68 | 0.79 | 0.73 |
| Profit before tax | 0.45 | 0.76 | 0.97 | 3.40 | 0.60 | 0.65 | 1.46 | 2.33 | 0.85 | 1.61 | 2.02 | 1.93 |
| Tax % | 0.0% | 0.0% | 0.0% | 117.3% | 0.0% | 0.0% | 0.0% | 56.3% | 0.0% | 0.0% | 0.0% | 154.0% |
| Net Profit | 0.46 | 0.77 | 0.99 | −0.59 | 0.62 | 0.66 | 1.48 | 1.03 | 0.87 | 1.63 | 2.05 | −1.06 |
| EPS (Rs) | 0.50 | 0.84 | 1.08 | −0.65 | 0.68 | 0.72 | 1.62 | 1.13 | 0.95 | 1.78 | 2.24 | −1.16 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 97.22 | 94.13 | 104 | 112 | 114 | 76.14 | 83.11 | 112 | 98.20 | 97.14 | 103 | 103 |
| Expenses | 87.34 | 87.37 | 95.32 | 103 | 108 | 70.24 | 75.25 | 100 | 89.38 | 87.35 | 92.40 | 92.78 |
| Operating Profit | 10.01 | 6.99 | 8.01 | 7.99 | 5.99 | 6.01 | 6.99 | 12.01 | 9.99 | 10.01 | 10.99 | 10.59 |
| OPM % | 10.1% | 8.1% | 8.0% | 7.0% | 5.0% | 8.0% | 9.0% | 10.1% | 10.0% | 10.1% | 10.1% | 10.3% |
| Other Income | 0.00 | 0.00 | 2.01 | 1.01 | 1.99 | 0.99 | 0.00 | 0.00 | 0.99 | 1.01 | 0.99 | 0.79 |
| Interest | 4.01 | 3.01 | 3.01 | 3.01 | 3.01 | 3.01 | 3.01 | 3.01 | 2.01 | 2.01 | 2.01 | 2.08 |
| Depreciation | 1.99 | 1.99 | 2.99 | 2.99 | 2.99 | 2.99 | 2.99 | 2.99 | 2.99 | 2.99 | 2.99 | 2.85 |
| Profit before tax | 3.99 | 2.99 | 3.99 | 2.99 | 1.99 | 0.99 | 1.99 | 5.99 | 5.98 | 4.99 | 5.99 | 6.41 |
| Tax % | 55.9% | 100.9% | 22.9% | 36.0% | −29.1% | −62.1% | −22.1% | 29.9% | 71.0% | 25.9% | 45.9% | — |
| Exceptional items | −0.04 | 0.00 | −0.03 | −0.10 | 0.67 | −0.70 | 0.13 | 0.03 | 0.00 | −0.02 | 0.00 | — |
| Net Profit | 2.01 | 0.00 | 3.01 | 2.01 | 2.01 | 2.01 | 3.01 | 4.01 | 2.01 | 4.02 | 3.01 | 3.49 |
| EPS (Rs) | 2.18 | −0.03 | 3.57 | 2.45 | 2.32 | 2.62 | 3.11 | 4.76 | 1.78 | 4.12 | 3.80 | 3.81 |
| Dividend payout % | 46.0% | −4,565.1% | 28.0% | 40.9% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9.01 | 9.02 | 9.01 | 9.02 | 9.01 | 9.02 | 9.01 | 9.02 | 9.01 | 9.01 | 9.01 | 9.02 |
| Reserves | 13.99 | 15.01 | 12.99 | 17.01 | 18.01 | 17.99 | 21.01 | 23.01 | 26.98 | 29.01 | 33.00 | 36.02 |
| Borrowings | 36.12 | 35.12 | 39.12 | 41.14 | 44.14 | 41.14 | 47.14 | 47.16 | 40.10 | 41.11 | 26.08 | 24.09 |
| Other Liabilities | 15.01 | 18.00 | 21.96 | 17.97 | 26.03 | 26.02 | 16.96 | 15.03 | 18.07 | 20.03 | 15.07 | 13.00 |
| Total Liabilities | 74.13 | 77.15 | 84.08 | 85.14 | 97.19 | 95.17 | 94.12 | 94.22 | 94.16 | 99.16 | 82.16 | 82.13 |
| Fixed Assets | 22.98 | 25.99 | 32.98 | 32.98 | 34.97 | 32.99 | 34.96 | 33.01 | 29.98 | 30.98 | 30.98 | 31.99 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 50.15 | 51.16 | 51.10 | 52.16 | 62.22 | 62.18 | 59.16 | 61.21 | 64.18 | 69.18 | 50.17 | 50.14 |
| Inventories | 22.44 | 21.81 | 22.17 | 22.86 | 27.78 | 22.78 | 26.02 | 30.43 | 26.24 | 26.41 | 24.68 | 26.45 |
| Trade receivables | 16.07 | 18.83 | 19.30 | 19.22 | 24.66 | 28.00 | 20.95 | 20.71 | 25.73 | 18.21 | 11.99 | 12.25 |
| Cash & equivalents | 0.79 | 0.75 | 1.02 | 0.71 | 0.93 | 0.87 | 3.01 | 0.25 | 0.20 | 12.58 | 0.31 | 0.07 |
| Total Assets | 74.13 | 77.15 | 84.08 | 85.14 | 97.19 | 95.17 | 94.12 | 94.22 | 94.16 | 99.16 | 82.16 | 82.13 |
| Mar 2015 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 1.99 | −7.99 | 5.99 | 5.99 | 6.99 | 9.99 | 2.99 | 10.01 | 16.99 | 10.01 | 3.99 |
| Cash from investing activity | −1.01 | −3.01 | −3.01 | −5.02 | 0.00 | −4.01 | −1.01 | −1.01 | −3.01 | −4.02 | −5.02 |
| Cash from financing activity | −2.01 | 9.01 | −2.01 | −1.01 | −7.01 | −4.01 | −2.01 | −9.01 | −1.01 | −18.01 | 1.01 |
| Net cash flow | 0.00 | −1.99 | 0.00 | 0.00 | 0.00 | 1.99 | 0.00 | 0.00 | 11.96 | −11.96 | 0.00 |
| Capex | 1.52 | 0.13 | 3.46 | 5.02 | 0.96 | 4.86 | 2.29 | 1.21 | 3.03 | 4.34 | 4.90 |
| Free cash flow | 1.01 | −8.02 | 2.01 | 1.01 | 7.01 | 5.01 | 1.01 | 9.02 | 14.03 | 6.01 | −1.01 |
| CFO / OP % | 28.0% | −97.0% | 66.0% | 74.0% | 128.1% | 162.0% | 39.0% | 89.0% | 173.0% | 105.0% | 33.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 70 | 71 | 74 | 68 | 80 | 89 | 100 | 91 | 84 | 67 | 45 | 43 |
| Inventory days | 146 | 130 | 132 | 121 | 132 | 102 | 194 | 207 | 135 | 159 | 148 | 157 |
| Days payable | 58 | 80 | 70 | 50 | 58 | 56 | 65 | 40 | 36 | 39 | 17 | 16 |
| Cash conversion cycle | 158 | 121 | 136 | 139 | 154 | 134 | 229 | 259 | 182 | 188 | 176 | 184 |
| Working capital days | 19 | 16 | 12 | 21 | 31 | 30 | 39 | 72 | 74 | 38 | 70 | 84 |
| ROCE % | 10.0% | 14.0% | 10.0% | 12.1% | 10.0% | 6.0% | 7.0% | 6.0% | 12.1% | 10.0% | 9.0% | 12.0% |
For the Mar 2026 quarter, National Plastic Industries reported sales of ₹27.21 Cr, up 12.5% year on year and net profit of −₹1.06 Cr, down 202.9% year on year. The operating margin was 8.5%.
National Plastic Industries' sales for the year to Mar 2026 were ₹103 Cr; over the last twelve months they were ₹103 Cr.
Net profit for the year to Mar 2026 was ₹3.01 Cr, and ₹3.49 Cr over the last twelve months. Earnings per share over the same trailing period were ₹3.81.
National Plastic Industries reported borrowings of ₹24.09 Cr at Mar 2026, against cash and equivalents of ₹0.07 Cr.
Cash from operations was ₹3.99 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹1.01 Cr.