Plastiblends India Peer Comparison

NSE: PLASTIBLEN | BSE: 523648

₹189.56

₹0.32 (0.17%)

As on 28-Aug-2026IST

Market cap

₹489 Cr

Revenue (TTM)

₹811 Cr

P/E Ratio

11.4

P/B Ratio

1.1

Div. Yield

1.6 %

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	Plastiblends India	Deepak Nitrite	Aether	Aarti	Garware Hi-Tech
Market cap (₹ Cr)	489	24,073	22,524	19,533	16,813
Revenue (₹ Cr)	811	8,575	1,224	9,013	2,258
Net Profit (₹ Cr)	42.71	783.41	235.19	531.00	387.86
Net Margin (%)	5.19	9.08	18.79	5.88	16.65
RoE (%)	9.66	13.96	10.03	8.95	15.03
Price to Earnings	11.44	30.73	95.77	36.79	43.35
Price-To-Book	1.05	3.89	8.96	3.20	6.03

Income Statement (₹ Cr)

	Plastiblends India	Deepak Nitrite	Aether	Aarti	Garware Hi-Tech
Operating Revenue	788.66	7,887.07	1,160.14	8,286.10	2,109.36
Total Income	802.06	7,946.94	1,181.07	8,347.25	2,163.76
Total Expenditure	736.01	6,903.20	796.51	7,174.82	1,668.27
EBITDA	52.65	983.87	363.64	1,111.28	441.09
Depreciation	15.09	224.64	66.42	474.14	41.23
EBIT	37.56	759.23	297.22	637.14	399.86
Interest	2.14	49.17	18.09	339.93	8.78
Other Income	13.40	59.87	20.93	61.15	54.40
Exceptional Items	--	-12.84	-8.98	6.47	--
Profit before Tax	48.82	757.09	291.09	364.83	445.48
Provision for Tax	12.13	206.43	71.62	-54.35	114.26
Profit after Tax	36.69	550.66	219.46	419.18	331.22

	Plastiblends India	Deepak Nitrite	Aether	Aarti	Garware Hi-Tech
Shareholder's Funds	449.05	5,836.83	2,455.89	5,955.17	2,371.79
Minority Interest	--	32.45	--	0.10	--
Non-Current Liabilities	25.13	1,505.33	88.20	2,001.28	63.11
Current Liabilities	83.58	1,278.74	657.34	5,039.27	247.09
Total Liabilities	557.76	8,653.35	3,201.43	13,300.23	2,681.99

	Plastiblends India	Deepak Nitrite	Aether	Aarti	Garware Hi-Tech
Non-Current Assets	204.16	5,583.97	2,029.95	8,808.49	1,624.71
Current Assets	353.59	3,069.38	1,171.47	4,187.33	1,053.12
Total Assets	557.76	8,653.35	3,201.43	13,300.23	2,681.99
Total Debt*	20.00	1,527.82	441.66	4,921.00	15.21
Net Current Assets	270.01	1,790.64	514.14	-851.94	806.03
Contingent Liabilities	35.78	0.53	18.84	603.03	108.28

	Plastiblends India	Deepak Nitrite	Aether	Aarti	Garware Hi-Tech
Cash From Operating Activities	21.33	538.95	142.38	780.80	329.72
Cash Flow from Investing Activities	-33.01	-668.65	-619.38	-1,142.10	-274.50
Cash from Financing Activities	-8.39	193.35	243.86	744.64	-52.05
Net Cash Inflow / Outflow	-20.07	63.65	-233.14	383.34	3.17

	Plastiblends India	Deepak Nitrite	Aether	Aarti	Garware Hi-Tech
ROCE (%)	11.37	11.58	11.65	6.39	20.41
ROE (%)	8.37	9.81	9.40	6.08	15.00
ROA (%)	6.89	6.73	7.51	3.17	13.23
EBIT Margin (%)	8.38	13.23	33.15	14.15	23.49
Net Margin (%)	4.57	6.93	18.58	5.02	15.31
Cash Profit Margin (%)	6.50	9.76	24.64	9.47	17.63

	Plastiblends India	Deepak Nitrite	Aether	Aarti	Garware Hi-Tech
Revenue Growth (%)	1.05	-4.77	38.33	14.14	25.78
EBIT Growth (%)	7.56	-11.47	35.98	15.55	54.33
Net Profit Growth (%)	9.71	-21.04	38.53	-20.55	62.93
EPS Growth (%)	9.71	-21.04	38.44	-20.56	62.93
Book Value Growth (%)	5.03	8.32	10.33	5.85	15.99

	Plastiblends India	Deepak Nitrite	Aether	Aarti	Garware Hi-Tech
Price / Earnings	8.60	31.90	66.18	42.79	27.61
Price / Book Value	0.70	3.01	5.93	2.53	3.86
Dividend Yield (%)	2.47	0.58	0.00	0.26	0.30
EV/EBITDA	5.00	18.03	38.90	17.40	18.24
Market Cap (₹ Cr)	315.54	17,560.56	14,525.20	14,152.83	9,144.50

	Plastiblends India	Deepak Nitrite	Aether	Aarti	Garware Hi-Tech
Debt to Equity	0.04	0.26	0.18	0.68	0.01
Short term debt to equity ratio	0.04	0.06	0.18	0.42	--
Current Ratio	4.23	2.40	1.78	0.84	4.26
Quick Ratio	2.39	1.73	0.96	0.42	3.01
Interest Coverage	23.78	16.40	17.09	2.12	51.74

	Plastiblends India	Deepak Nitrite	Aether	Aarti	Garware Hi-Tech
Debtors to sales (%)	16.44	19.09	33.62	16.93	1.99
Asset Turnover	1.50	0.97	0.40	0.77	0.84
Receivable days	55.18	63.85	106.76	37.05	6.92
Inventory Days	67.09	41.09	146.98	59.04	51.75
Payable days	19.18	35.00	103.88	84.85	57.67
Cash Conversion Cycle	103.09	69.94	149.86	11.24	1.00

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.