HCP Plastene Bulkpack Limited

HCP Plastene Bulkpack Limited

BBSE:HPBL
297.95
INR
-14.05
(-4.50%)
44.17EPS
5.52P/E
2.16BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
321.03
318.36
343.24
349.4
296.71
194.11
5.53
16.2
108.83
342.55
270.71
434.14
550.37
706.51
Basic EPS, GAAP
3.4
-5.31
0.36
1.29
8
-93.82
-20.36
65.8
-2.98
-2.16
-1.11
9.02
21.73
36.65
Free Cash Flow per Basic Share
-21.68
-24.3
14.99
10.84
-1.23
44.8
4.41
-17.42
-78.87
-33.81
-22.38
-17.75
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
32.07
26.92
21.86
17.74
33.69
-52.41
-72.77
25.7
25.08
46.93
46.39
55.81
76.79
- -
Tangible Book Value per Share
32.05
26.91
21.84
17.7
33.67
-52.44
-72.78
25.7
25.08
46.93
43.91
53.83
75.31
- -
Basic Weighted Avg Shares
9
9
9
9
9
9
10
10
10
10
11
11
11
9
Sales/Revenue/Turnover
2,847
2,823
3,044
3,098
2,631
1,842
56
157
1,114
3,505
2,890
4,634
5,875
6,360
Operating Margin (%)
3.06
1.17
3.06
3.23
7.35
-26.82
-302.86
-34.72
0.43
3.01
3.27
6.03
8.23
11.32
Depreciation Expense
39
55
61
58
57
60
58
52
52
74
73
73
78
78
Net Income, GAAP
30
-47
3
11
71
-890
-207
636
-30
-22
-12
96
232
330
Effective Tax Rate (%)
1.77
- -
36.02
14.33
1.09
- -
- -
- -
- -
35.74
- -
25.86
27.66
29.06
Profit Margin (%)
1.06
-1.67
0.1
0.37
2.7
-48.33
-368.43
406.18
-2.74
-0.63
-0.41
2.08
3.95
5.19
Working Capital
122
161
24
71
232
-999
-1,147
41
140
-47
-30
97
721
- -
LT Debt
264
479
394
346
355
- -
- -
380
877
496
476
324
561
- -
Total Equity
284
239
194
205
299
-533
-740
263
369
645
654
792
1,072
- -
Return on Invested Capital (%)
3.82
- -
0.28
0.77
14.74
- -
- -
- -
- -
4.15
- -
8.49
11.24
- -
Return on Capital (%)
3.82
- -
4.31
6.05
10.91
- -
- -
- -
- -
-0.29
- -
6.8
10.41
- -
Return on Common Equity (%)
12.28
-18
1.46
6.51
31.11
- -
- -
- -
-11.73
-5.84
-2.38
17.65
32.78
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
1,895
- -
LT Borrowings
- -
549
- -
LT Finance Leases
- -
12
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
11
11
Market Capitalization
1,838
1,688
2,161

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
2,817
- -
Cash, Cash Equivalents & STI
- -
155
- -
Accounts Receivable, Net
- -
1,140
- -
Inventories
- -
805
- -
Total Current Liabilities
- -
2,096
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,895
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-15.08%
34.57%
35.39%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
-200.53%
-189.73%
141.02%
Sales/Revenue/Turnover
93.38%
179.06%
26.77%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,047
1,171
1,194
1,223
4,634
2026
1,257
1,977
1,213
1,428
5,875
2027
1,742
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.36
1.4
2.1
6.23
9.02
2026
3.76
4.67
7.8
7.82
21.73
2027
17.19
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Prakashkumar Hiralal Parekh
Full Time Employees
110
Sector
Process industries
Industry
Containers/Packaging
Address
H.B. Jirawala House Ahmedabad GU India 380013
IPO Date
Dec 7, 1994
Website
hpbl.in
Business
HCP Plastene Bulkpack Ltd. manufactures plastic packaging solutions in India, operating primarily in the woven sack and woven label segments. The company produces flexible intermediate bulk containers (FIBC) bags and liners; polypropylene (PP)/high-density polyethylene (HDPE) woven bags and sacks; biaxially oriented polypropylene (BOPP) laminated bags; AD Star bags; woven fabrics and multi-filament yarns; polypropylene woven geotextiles for filtration, soil stabilization, separation, and reinforcement in construction; garment labels and laces produced on imported Jacquard looms from Switzerland; and stitchless bulk bags, serving industries such as cement, sugar, food grains, fertilizers, chemicals, agriculture, minerals, and retail. Headquartered in Ahmedabad, Gujarat, with two manufacturing facilities in the region strategically located near Mundra Port, the company was incorporated in 1984 as Gopala Polyplast Limited, listed on the Bombay Stock Exchange in 1995, underwent corporate insolvency resolution proceedings in 2019 with resolution approved in August 2020, renamed HCP Plastene Bulkpack Limited in October 2021, and operates as part of the Plastene India Limited Group, India's largest FIBC manufacturer and exporter with eight facilities in Gujarat and one in Uruguay, exporting to over 50 countries primarily in the EU, USA, Latin America, Middle East, and Africa. Recent developments include floating a 60%-owned limited liability partnership, HCP Plastene Bulkpack PLT, in Malaysia on July 12, 2023, with INR 5.51 lakhs investment to explore FIBC markets in Asia-Pacific; achieving minimum public shareholding compliance via an offer for sale on January 25, 2024, reducing promoter holding to 75%; entering a memorandum of understanding on July 2, 2024, with Saeed Ghodran Group of Saudi Arabia for a joint venture to manufacture BOPP woven bags and jumbo bags; investing in processes for products with recycled granulate to meet EU regulations requiring 30% recycled material; and reporting consolidated net profit growth of 164% to Rs 3.96 crore in the quarter ended September 2025, with sales up 68.86% to Rs 197.70 crore.