Solve Plastic Products Peer Comparison

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 %

Edit

	Solve Plastic Products	Finolex	Prince Pipes	Apollo Pipes	Indian Hume Pipe
Market cap (₹ Cr)	8	9,968	3,244	2,796	2,047
Revenue (₹ Cr)	41	3,954	2,627	1,125	1,301
Net Profit (₹ Cr)	-4.79	577.83	102.11	-14.61	142.76
Net Margin (%)	-11.44	13.84	3.87	-1.29	10.57
RoE (%)	-66.66	10.15	6.46	-1.12	6.47
Price to Earnings	18.45	16.20	31.77	--	14.34
Price-To-Book	0.81	1.57	1.93	3.59	1.36

Income Statement
Liabilities
Assets
Cashflow
Ratios

Income Statement (₹ Cr)

	Solve Plastic Products	Finolex	Prince Pipes	Apollo Pipes	Indian Hume Pipe
Operating Revenue	41.46	4,141.97	2,523.92	1,181.64	1,491.23
Total Income	41.84	4,388.60	2,537.32	1,186.90	1,500.17
Total Expenditure	45.41	3,666.17	2,360.81	1,084.75	1,296.04
EBITDA	-3.95	475.80	163.11	96.88	195.19
Depreciation	0.95	106.71	107.02	44.53	14.70
EBIT	-4.90	369.09	56.09	52.35	180.49
Interest	0.99	29.64	10.65	12.19	71.37
Other Income	0.38	246.63	13.40	5.27	8.94
Exceptional Items	--	416.99	--	--	545.22
Profit before Tax	-5.51	1,043.24	58.85	45.43	663.29
Provision for Tax	-0.73	243.21	15.71	11.34	105.24
Profit after Tax	-4.79	800.03	43.14	34.09	558.05

Liabilities (₹ Cr)

	Solve Plastic Products	Finolex	Prince Pipes	Apollo Pipes	Indian Hume Pipe
Shareholder's Funds	9.98	6,096.87	1,576.44	792.75	1,376.67
Minority Interest	--	--	--	87.28	--
Non-Current Liabilities	1.68	307.40	135.93	22.71	242.26
Current Liabilities	10.63	977.66	607.01	288.37	1,282.50
Total Liabilities	24.33	7,381.93	2,319.37	1,216.90	2,908.62

Assets (₹ Cr)

	Solve Plastic Products	Finolex	Prince Pipes	Apollo Pipes	Indian Hume Pipe
Non-Current Assets	6.47	3,906.10	1,033.62	700.53	439.06
Current Assets	15.82	3,475.83	1,285.75	489.30	2,462.38
Total Assets	24.33	7,381.93	2,319.37	1,216.90	2,908.62
Total Debt*	9.86	221.08	264.15	92.75	449.50
Net Current Assets	5.18	2,498.17	678.74	200.93	1,179.88
Contingent Liabilities	0.00	62.54	5.98	105.58	211.99

Cashflow (₹ Cr)

	Solve Plastic Products	Finolex	Prince Pipes	Apollo Pipes	Indian Hume Pipe
Cash From Operating Activities	-3.08	382.68	118.95	28.67	203.93
Cash Flow from Investing Activities	-0.84	8.34	-234.65	-150.55	-67.04
Cash from Financing Activities	6.88	-348.78	119.79	205.05	-107.98
Net Cash Inflow / Outflow	2.96	42.24	4.09	83.17	28.91

Ratios

Profitability Ratios

	Solve Plastic Products	Finolex	Prince Pipes	Apollo Pipes	Indian Hume Pipe
ROCE (%)	-24.72	17.40	3.97	7.54	46.57
ROE (%)	-66.66	13.64	2.76	5.24	50.60
ROA (%)	-22.13	11.08	1.94	3.13	22.13
EBIT Margin (%)	-8.63	17.44	6.99	8.64	13.69
Net Margin (%)	-11.44	18.23	1.70	2.87	37.20
Cash Profit Margin (%)	-9.26	21.89	5.62	3.17	38.41

Growth Ratios

	Solve Plastic Products	Finolex	Prince Pipes	Apollo Pipes	Indian Hume Pipe
Revenue Growth (%)	-10.24	-4.06	-1.75	19.73	7.39
EBIT Growth (%)	-196.01	-5.54	-45.44	1.69	6.88
Net Profit Growth (%)	-436.05	68.93	-76.36	-20.40	618.88
EPS Growth (%)	-335.89	68.93	-76.36	-31.60	618.88
Book Value Growth (%)	127.40	8.21	2.07	55.27	66.01

Valuation Ratios

	Solve Plastic Products	Finolex	Prince Pipes	Apollo Pipes	Indian Hume Pipe
Price / Earnings	0.00	13.91	62.90	51.09	3.44
Price / Book Value	1.09	1.83	1.72	2.11	1.40
Dividend Yield (%)	0.00	2.00	0.20	0.18	1.59
EV/EBITDA	-4.98	15.54	16.40	15.89	9.44
Market Cap (₹ Cr)	10.92	11,127.40	2,713.21	1,667.88	1,921.90

Solvency Ratios

	Solve Plastic Products	Finolex	Prince Pipes	Apollo Pipes	Indian Hume Pipe
Debt to Equity	0.99	0.04	0.17	0.12	0.33
Short term debt to equity ratio	0.59	0.04	0.09	0.04	0.32
Current Ratio	1.49	3.56	2.12	1.70	1.92
Quick Ratio	0.92	2.76	1.11	0.96	1.76
Interest Coverage	-4.59	36.20	6.53	4.73	10.29

Operating Efficiency Ratios

	Solve Plastic Products	Finolex	Prince Pipes	Apollo Pipes	Indian Hume Pipe
Debtors to sales (%)	10.67	9.16	16.76	8.04	43.50
Asset Turnover	1.92	0.57	1.20	2.28	0.59
Receivable days	41.72	36.87	68.87	12.83	160.31
Inventory Days	60.06	66.55	71.57	30.27	43.22
Payable days	24.90	50.69	49.43	75.28	415.14
Cash Conversion Cycle	76.88	52.73	91.01	-32.18	-211.61

Annual
Quarterly