Swashthik Plascon Limited

Swashthik Plascon Limited

BBSE:SPL
18.00
INR
-0.60
(-3.23%)
367.75MMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
19.3
28.17
25.97
71.94
73.76
78.79
- -
Basic EPS, GAAP
0.04
0.07
1.72
4.29
3.57
4.13
- -
Free Cash Flow per Basic Share
0.54
1.01
0.32
-16.69
-21.44
0.72
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
3.52
3.6
11.6
36.42
43.75
48
48
Tangible Book Value per Share
3.52
3.6
10.88
35.67
43.08
47.34
47.34
Basic Weighted Avg Shares
18
18
18
18
19
19
19
Sales/Revenue/Turnover
339
495
456
1,263
1,436
1,534
- -
Operating Margin (%)
1.34
3.14
10.99
5.63
10.92
11.52
- -
Depreciation Expense
11
11
10
34
50
67
- -
Net Income, GAAP
1
1
30
75
70
80
- -
Effective Tax Rate (%)
65.29
43.78
12.86
31.45
24.26
25.56
- -
Profit Margin (%)
0.2
0.26
6.62
5.96
4.85
5.24
- -
Working Capital
23
36
188
699
999
694
694
LT Debt
69
68
301
532
855
617
617
Total Equity
62
63
204
640
852
935
935
Return on Invested Capital (%)
- -
3.84
8.5
4.83
8.07
7.37
- -
Return on Capital (%)
- -
4.72
9.09
10.46
8.17
7.48
- -
Return on Common Equity (%)
- -
2.08
22.65
17.86
9.33
9.01
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
- -
- -
259
LT Borrowings
855
859
617
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
19
19
19
Market Capitalization
944
808
368

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
1,282
1,331
1,338
Cash, Cash Equivalents & STI
23
5
1
Accounts Receivable, Net
461
559
489
Inventories
654
656
804
Total Current Liabilities
283
368
644
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
259
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
96.36%
9.74%
Free Cash Flow
- -
-1,069.2%
-103.38%
Net Income, GAAP
- -
493.64%
15.59%
Sales/Revenue/Turnover
- -
47.1%
6.82%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1,263
2025
- -
- -
1,436
2026
- -
- -
1,534

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
4.29
2025
- -
- -
3.57
2026
- -
- -
4.13

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Mahendrakumar Gautam
Full Time Employees
66
Sector
Process industries
Industry
Containers/Packaging
Address
No. A75 - A76, PIPDIC Electronic Park Thirubuvanai PO India 605107
IPO Date
Dec 5, 2023
Business
Swashthik Plascon Limited manufactures a wide range of polyethylene terephthalate (PET) bottles and PET preforms using continuous injection stretch blow molding machines and 100% virgin food-grade materials; its core products include PET bottles for pharmaceutical, liquor, fast-moving consumer goods (FMCG) packaging, household applications, dishwash liquid, and repellent dispensers, as well as PET preforms for soft drinks, packaged drinking water, and juice bottles; the company also deals in related plastic raw materials such as PET, HDPE, LDPE granules, polymers, polystyrene, PVC, nylon, synthetic rubber, and packaging products, along with pilfer-proof caps, PET jars, and HDPE bottles. Founded in 2006 as a partnership firm and incorporated as a private limited company in 2011 with headquarters in Thirubuvanai, Mannadipet Commune, Puducherry, India, Swashthik Plascon operates primarily in southern India, marketing products across Tamil Nadu, Kerala, Andhra Pradesh, and Karnataka, serving industries including beverages, pharmaceuticals, personal care, and household products. Recent developments include the construction of a new building for plant setup announced in January 2025, approvals for fundraising up to 152.5 million rupees through share issuance in December 2024, promoter stake increase to 41.88% via open market purchases in September 2025, amendment to the Memorandum of Association in 2024 to facilitate acquisition of partnership firms like subsidiary Swashthik Industries, and approval of related party transactions with wholly owned subsidiary Swashthik Preforms Private Limited and others for raw material purchases, finished goods sales, and rent up to 120 million rupees in fiscal 2024-25.