Solve Plastic Products Key Ratios
NSE: BALCO
₹18.50
₹0.00 (0.00%)As on 28-Aug-2026 11:39IST
Market cap
₹8 Cr
Revenue (TTM)
₹41 Cr
P/E Ratio
18.5
P/B Ratio
0.8
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -- | -- | -10.24 | -9.03 | -- |
| EBIT | -- | -- | -346.53 | -398.50 | -- |
| Net Profit | -- | -- | -436.05 | -313.72 | -- |
| EPS | -- | -- | -335.89 | -283.43 | -- |
| Book Value | -- | -- | 59.62 | 112.45 | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | Mar-25 | Mar-24 | Mar-23 |
| EBIT-Margin
| -1.88 | -- | -11.83 | 4.31 | 1.87 |
| Net Margin
| -2.16 | -- | -11.44 | 3.02 | 1.93 |
| Return on equity
| 23.10 | -- | -66.66 | 45.13 | 90.82 |
| Return on Capital
| 4.55 | -- | -24.72 | 19.10 | 19.27 |
| Return on Assets
| -2.60 | -- | -22.13 | 7.39 | 6.95 |
| Debt to Equity (x)
| -- | -- | 0.99 | 2.83 | 6.35 |
Profitability
ROCE
-24.72
Lower than Peers by 44.50
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Solve Plastic Products
|
-24.72
|
19.10
|
19.27
|
6.07
|
4.25
|
|
Peer Median
|
19.78
|
--
|
16.68
|
23.20
|
--
|
ROE
-66.66
Lower than Peers by 82.26
Profit after tax / Average Net worth * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Solve Plastic Products
|
-66.66
|
45.13
|
90.82
|
-43.94
|
-13.60
|
|
Peer Median
|
15.60
|
--
|
13.19
|
18.80
|
--
|
ROA
-22.13
Lower than Peers by 30.50
Profit after tax / Average Total assets * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Solve Plastic Products
|
-22.13
|
7.39
|
6.95
|
-2.18
|
-0.76
|
|
Peer Median
|
8.36
|
--
|
9.36
|
9.75
|
--
|
EBIT Margin
-11.83
Lower than Peers by 18.40
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Solve Plastic Products
|
-11.83
|
4.31
|
1.87
|
0.33
|
0.12
|
|
Peer Median
|
6.57
|
--
|
7.34
|
10.66
|
--
|
Net Margin
-11.44
Lower than Peers by 17.75
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Solve Plastic Products
|
-11.44
|
3.02
|
1.93
|
-0.73
|
-0.36
|
|
Peer Median
|
6.31
|
--
|
6.32
|
7.95
|
--
|
Cash Profit Margin
-9.26
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Solve Plastic Products
|
-9.26
|
4.75
|
3.34
|
0.90
|
2.46
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-10.24
Lower than Peers by 12.93
Year on year growth in net sales
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Solve Plastic Products
|
-10.24
|
-23.99
|
10.36
|
31.98
|
--
|
|
Peer Median
|
2.69
|
--
|
11.66
|
41.65
|
--
|
EBIT Growth
-346.53
Lower than Peers by 354.19
Year on year growth in operating profit (EBIT)
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Solve Plastic Products
|
-346.53
|
75.13
|
516.00
|
272.53
|
--
|
|
Peer Median
|
7.65
|
--
|
-38.60
|
85.61
|
--
|
Net Profit Growth
-436.05
Lower than Peers by 439.00
Year on year growth in profit after tax
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Solve Plastic Products
|
-436.05
|
18.47
|
395.43
|
-164.87
|
--
|
|
Peer Median
|
2.95
|
--
|
-37.52
|
98.84
|
--
|
EPS Growth
-335.89
Lower than Peers by 340.37
Year on year growth in earnings per share
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Solve Plastic Products
|
-335.89
|
17.26
|
395.42
|
-164.89
|
--
|
|
Peer Median
|
4.48
|
--
|
-42.86
|
106.96
|
--
|
Book Value Growth
127.40
--
Year on year growth in book value per share
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Solve Plastic Products
|
127.40
|
127.88
|
166.33
|
-36.02
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.99
Higher than Peers by 0.89
Total debt / Net worth
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Solve Plastic Products
|
0.99
|
2.83
|
6.35
|
17.02
|
13.66
|
|
Peer Median
|
0.10
|
--
|
0.10
|
0.13
|
--
|
Short term debt to equity ratio
0.59
--
(Short term borrowings / Net worth)
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Solve Plastic Products
|
0.59
|
1.88
|
3.95
|
9.42
|
6.44
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.49
Lower than Peers by 0.23
Current Assets / Current Liabilities and Provisions
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Solve Plastic Products
|
1.49
|
1.03
|
0.91
|
0.85
|
1.01
|
|
Peer Median
|
1.72
|
--
|
1.89
|
1.77
|
--
|
Quick Ratio
0.92
Lower than Peers by 0.29
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Solve Plastic Products
|
0.92
|
0.48
|
0.41
|
0.39
|
0.53
|
|
Peer Median
|
1.21
|
--
|
1.22
|
1.11
|
--
|
Interest Coverage
-4.59
Lower than Peers by 20.13
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Solve Plastic Products
|
-4.59
|
1.96
|
1.89
|
0.63
|
0.42
|
|
Peer Median
|
15.54
|
--
|
16.34
|
14.92
|
--
|
Operating Efficiency
Debtors to sales
10.67
Lower than Peers by 2.17
Debtors outstanding / Net Sales * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Solve Plastic Products
|
10.67
|
10.94
|
6.78
|
8.13
|
12.03
|
|
Peer Median
|
12.84
|
--
|
10.17
|
12.62
|
--
|
Asset Turnover
1.92
Higher than Peers by 0.82
Sales / Average Total Assets
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Solve Plastic Products
|
1.92
|
2.40
|
3.51
|
2.95
|
2.06
|
|
Peer Median
|
1.10
|
--
|
1.37
|
1.33
|
--
|
Receivable days
41.72
--
Average Debtors / Sales * 365
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Solve Plastic Products
|
41.72
|
36.24
|
25.82
|
31.48
|
43.92
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
60.06
--
Average Inventory / Sales * 365
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Solve Plastic Products
|
60.06
|
56.53
|
38.79
|
43.71
|
60.92
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
24.90
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Solve Plastic Products
|
24.90
|
22.96
|
18.04
|
20.49
|
20.80
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
76.88
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Solve Plastic Products
|
76.88
|
69.82
|
46.57
|
54.70
|
84.04
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Solve Plastic Products
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
56.56
|
--
|
44.65
|
22.76
|
--
|
Price / Book Value
1.09
Lower than Peers by 1.19
Current share price divided by book value per share in the latest financial year
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Solve Plastic Products
|
1.09
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2.28
|
--
|
2.93
|
3.94
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Solve Plastic Products
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.16
|
--
|
0.24
|
0.44
|
--
|
EV/EBITDA
-4.98
Lower than Peers by 27.18
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Solve Plastic Products
|
-4.98
|
4.15
|
4.43
|
8.52
|
9.79
|
|
Peer Median
|
22.20
|
--
|
10.87
|
14.38
|
--
|
Market Cap
11
Lower than Peers by 1,430
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Solve Plastic Products
|
11
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1,441
|
--
|
754
|
1,530
|
--
|