Plastiblends India Limited Share Price and Company Fundamentals

• Overview
• Annual Report
• Balance Sheet
• Cash Flow
• Insider Transactions

Last traded: Last Saturday at 6:58 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 worldwide. Plastiblends India Limited was incorporated in 1991 and is headquartered in Mumbai, India.

Key Metrics

Company profile

Dividends

Plastiblends India Limited paid ₹4.25 dividend and the ex-dividend date was 23 June 2023.The dividend payout ratio is 30.12%. 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 1.50%. 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 May 2024, following are the company executives and directors listed on Plastiblends India Limited.

Profitability and management effectiveness

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 0.54 making it 46% 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 ₹265.85.

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.