102 DALAL STREET INVESTMENT JOURNAL I JULY 22 - AUG 4, 2019 DSIJ. in^
Financial Review For FY19
Plastic Products
Company Name
Market Cap
(` in Cr.)Net Sales (` in Cr.) Operating Profit (Excluding OI) (` in Cr.) Net Income (` in Cr.)
FY19 FY18 FY17 FY19 FY18 FY17 FY19 FY18 FY17T
he plastic industry has been one of the fastest
growing industries in the Indian economy. The
whole plastic industry can be divided into (A)
Upstream sector: Manufacturing of polymers and
(B) Downstream sector: Making plastic articles
from polymers. The major end users of the plastic industry are
construction, electrical and electronics, packaging, automotive,
FMCG and textiles sector. Plastic industry is growing in recent
years led by rapid urbanisation and expanding middle class.
Plastic products are majorly divided into pipes & fittings, films
& sheets, wires & cables and profiles.The major contributor to plastic products is pipes, which
accounts for 70% of the total plastic products. The pipe division
is further likely to grow led by rising government thrust on
infrastructure, housing and irrigation sector. Other contributor
of plastic products is furniture, which is currently struggling led
by slower demand.The plastic processing sector comprises of over 30,000 units
Astral Poly Technik 15780.36 2507.29 2105.78 2127.30 378.71 311.78 262.86 200.91 178.32 147.19
Supreme Industries 14051.71 5611.99 4970.06 4462.26 784.57 787.10 761.87 434.25 397.09 376.67
Finolex Industries 6426.90 3091.32 2831.41 2987.64 604.30 483.93 563.07 353.24 289.99 345.52
Essel Propack 4117.62 2706.93 2446.42 2387.94 499.12 464.86 421.89 190.07 175.25 194.55
Kama Holdings 3395.72 7743.56 5632.88 4864.38 1363.25 918.67 1004.85 642.20 457.56 500.99
Responsive Industries 2518.32 775.04 1263.70 2054.55 115.41 111.39 159.79 29.46 9.36 7.64
Time Technoplast 2121.26 3563.74 3102.74 2754.61 523.50 473.07 404.23 208.51 185.28 151.44
Jai Corp 1829.11 635.58 597.16 749.18 76.91 71.99 87.13 -102.08 7.92 -9.83
Nilkamal 1789.73 2362.36 2160.84 2162.16 213.40 239.44 231.69 110.64 117.15 119.15
Uflex 1734.88 7957.22 6799.72 6504.79 989.95 879.40 874.31 318.34 309.00 346.68
Polyplex Corporation 1624.98 4569.89 3588.04 3251.07 731.37 494.17 442.71 583.66 284.12 361.39
Jain Irrigation Systems 1280.62 8576.94 7895.54 6939.32 925.62 951.91 940.24 250.48 217.66 173.98
Jindal Poly Films 1135.82 3726.21 6512.48 7291.72 446.25 618.93 678.24 -409.21 139.16 268.85
Mold-Tek Packaging 758.87 405.72 357.67 338.47 70.32 61.54 50.39 31.92 27.84 24.17
Wim Plast 553.05 352.01 391.99 391.40 74.47 81.13 82.35 39.26 44.66 48.61
Garware Polyester 549.68 947.89 841.99 918.46 144.06 83.28 72.78 81.65 33.12 22.44
Apollo Pipes 521.95 361.84 293.17 269.25 39.16 32.87 30.59 23.93 22.06 15.69
Cosmo Films 431.18 2156.52 1876.98 1696.34 161.23 133.08 153.74 61.11 64.43 85.74
Sintex Plastics Technology 406.38 4710.95 5535.96 5994.68 580.16 725.26 1013.17 94.46 135.77 419.61
Ester Industries 251.43 1028.06 824.49 769.45 107.95 65.63 42.85 31.11 5.29 -10.69
Acrysil 251.02 251.60 196.47 187.34 38.55 25.68 23.16 17.48 12.24 7.97
Sintex Industries 181.79 3256.95 2872.68 1921.32 376.32 287.56 269.93 21.52 141.84 134.25
Kkalpana lndustries (India) 176.39 1982.53 1755.78 2137.08 105.35 97.15 93.60 25.99 20.23 26.24