Swashthik Plascon Ltd544035Corporate

Plastic Products - Industrial Latest results: Mar 2026 6 quarters of data

₹23.25

MCap ₹44 Cr · P/E 7.2

Swashthik Plascon Ltd — Stock analysis & AI research Swashthik Plascon Ltd — Live exchange announcements

AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.

₹25 Cr

Sales · Mar 2026

-5.9% YoY

₹4 Cr

Operating Profit · Mar 2026

+9.7% YoY

14.8%

OPM % · Mar 2026

+16.5% YoY

₹2 Cr

Net Profit · Mar 2026

+20.8% YoY

₹1.07

EPS · Mar 2026

+20.2% YoY

📝 Swashthik Plascon Ltd — results explained

Quarter ended March 2026 (Q4 FY26)

Swashthik Plascon Ltd reported revenue of ₹25 crore for the quarter ended March 2026 (Q4 FY26), down 5.9% from ₹26 crore in the same quarter last year.

Net profit rose 20.8% year-on-year to ₹2 crore, from ₹2 crore. Earnings per share (EPS) came in at ₹1.07.

Operating profit stood at ₹4 crore — an operating margin (OPM) of 14.8%, compared with 12.7% in the year-ago quarter.

Full year and trailing twelve months

On a trailing-twelve-month (TTM) basis, revenue stands at ₹50 crore with a net profit of ₹6 crore.

Valuation snapshot

At the current price of ₹23.25, 544035 has a market capitalisation of ₹44 crore and a trailing P/E of about 7.2.

Within the Plastic Products - Industrial industry, it is the 23rd-largest of the 36 companies we track by market value.

Shareholding pattern

As of Mar 2026, promoters held 44.46%, foreign institutional investors (FIIs) 0.00%, domestic institutional investors (DIIs) 0.00%, public shareholders 55.54% of Swashthik Plascon Ltd.

Promoter holding rose from 43.94% to 44.46% over the latest period.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close

Valuation

Market Cap ?

₹44 Cr

Current Price ?

₹23.2

P/E ?

7.21below ind

Industry P/E ?

15.30

P/B ?

0.50

P/S ?

0.88

P/FCF ?

-22.54

Enterprise Value ?

₹66 Cr

EV/EBITDA ?

7.98

PEG ?

0.24

Earnings Yield ?

8.5%

Dividend Yield ?

0.00%

Profitability & Returns

Sales (TTM) ?

₹50 Cr

OPM ?

16.5%

Profit after tax (TTM) ?

₹6 Cr

EPS (TTM) ?

₹3.23

ROCE ?

7.6%

ROE ?

7.0%

ROA ?

5.1%

Growth

Sales — latest qtr ?

₹25 Cr

PAT — latest qtr ?

₹2 Cr

YoY qtr sales growth ?

-5.9%

YoY qtr profit growth ?

20.8%

Sales growth (3y) ?

Sales growth (5y) ?

Profit growth (3y) ?

30%

Profit growth (5y) ?

145%

Financial Health

Debt ?

₹22 Cr

Debt to Equity ?

0.25

Interest Coverage ?

N/A

Current Ratio ?

N/A

Ownership

Promoter holding ?

44.46%

Change in promoter holding ?

0.65%

Pledged percentage ?

N/A

Market

Return 3 months ?

-2.8%

Return 6 months ?

26.4%

🗓️ Quarterly results (6 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best Highlight

Metric	Sep 2023	Mar 2024	Sep 2024	Mar 2025	Sep 2025	Mar 2026	YoY %	QoQ %
Sales	22	22	21	26	26	25	-5.9%	—
Operating Profit	4	2	4	3	5	4	+9.7%	—
Other Income	2	2	1	0	2	1	+187.1%	—
Interest	0	0	1	1	0	1	+23.3%	—
Depreciation	0	1	1	1	1	1	+25.7%	—
Profit Before Tax	5	2	4	2	5	2	+25.0%	—
Net Profit	4	2	3	2	4	2	+20.8%	—
EPS	3.05	1.20	1.99	0.89	2.08	1.07	+20.2%	—
OPM %	16.6%	7.3%	20.5%	12.7%	18.2%	14.8%	+16.5%	—

📆 Annual results (₹ Cr, FY = Apr–Mar)

Annual rollup not yet available We need at least 3 quarters of a fiscal year to compute annual figures. This symbol does not yet have a complete fiscal year in our database.

🏛️ Balance Sheet (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Equity Capital	12.82	17.56	19.47	19.47	+0.0%
Reserves	7.55	44.52	62.18	68.31	+9.9%
Borrowings	15.90	8.78	20.85	22.14	+6.2%
Other Liabilities	13.04	12.39	8.72	11.29	+29.5%
Total Liabilities	49.31	83.25	111.22	121.21	+9.0%
Fixed Assets	10.27	21.98	34.08	28.86	-15.3%
CWIP	-0.00	-0.00	-0.00	15.15	—
Investments	11.63	13.58	15.05	17.11	+13.7%
Other Assets	27.41	47.69	62.09	60.09	-3.2%
Total Assets	49.31	83.25	111.22	121.21	+9.0%

💧 Cash Flow (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Cash from Operating Activity	3.71	-15.88	-9.04	10.62	+217.5%
Cash from Investing Activity	-2.89	-12.69	-14.20	-12.67	+10.8%
Cash from Financing Activity	-0.83	28.56	25.26	0.09	-99.6%
Net Cash Flow	-0.01	-0.00	2.02	-1.97	-197.5%
Free Cash Flow	0.56	-28.57	-23.11	-1.96	+91.5%
CFO/OP	67%	-273%	-106%	131%	+223.6%

➗ Ratios (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Debtor Days	85.92	139.12	104.78	114.92	+9.7%
Inventory Days	161.07	254.48	270.01	310.10	+14.8%
Days Payable	33.64	102.46	43.07	69.49	+61.3%
Cash Conversion Cycle	213.35	291.14	331.72	355.54	+7.2%
Working Capital Days	46.53	285.58	395.65	299.60	-24.3%
ROCE %	18.84%	15.23%	8.49%	7.60%	-10.5%

👥 Shareholding (latest 4 periods)

Metric	Sep 2024	Mar 2025	Sep 2025	Mar 2026	% Chg
Promoters	43.81%	39.53%	43.94%	44.46%	+1.2%
FIIs	1.25%	0.00%	0.00%	0.00%	—
DIIs	0.00%	0.70%	0.85%	0.00%	-100.0%
Public	54.94%	59.79%	55.21%	55.54%	+0.6%
No. of Shareholders	808	1,015	1,000	1,003	+0.3%

⚖️ Peer comparison

Industry: Plastic Products - Industrial · top 25 of 36 companies · full page →

#	Company	CMP	MCap (Cr)	P/E	Sales TTM	NP TTM	OPM%	NPM%	Sales YoY%	NP YoY%	Qtr Rev Δ%	Qtr NP Δ%
1	538715 538715	—	532	—	271	32	21.4%	12.0%	12.5%	67.2%	10.0%	35.4%
2	540693 Shish Industries	₹133.35	480	n/m	137	1	6.8%	0.9%	15.6%	-1.5%	7.2%	-184.3%
3	536974 Captain Polyplast	₹55.06	360	11.8	429	28	10.7%	6.6%	45.5%	-11.3%	16.4%	8.4%
4	543939 Kaka Industries	₹213.50	290	15.5	263	19	13.7%	7.2%	—	—	35.3%	66.7%
5	530145 Kisan Mouldings	₹67.80	263	—	254	-14	-3.5%	-5.6%	-8.5%	-318.5%	6.1%	-11249.2%
6	514428 Hindustan Adhesives	₹405.15	199	9.5	269	22	18.0%	8.2%	-10.3%	-3.2%	20.5%	193.3%
7	TAINWALCHM Tainwala Chemical	₹210.00	197	22.1	18	8	2.9%	45.0%	8.6%	119.2%	-5.7%	-99.1%
8	534796 CDG Petchem	₹23.72	191	1.6	120	13	20.6%	11.2%	223.0%	858.3%	—	—
9	509486 Caprihans India	₹144.80	190	—	749	-28	8.7%	-3.7%	-5.5%	22.2%	21.0%	151.7%
10	526731 Bright Brothers	₹156.60	151	15.5	397	6	6.6%	1.4%	11.7%	-30.4%	21.8%	-5.8%
11	522292 Candour Techtex	₹42.68	149	—	31	-1	0.7%	-4.0%	-69.1%	-317.9%	-81.9%	24.7%
12	526703 Ecoplast Ltd-$	₹481.80	148	15.4	183	11	9.0%	5.9%	23.3%	3.6%	5.4%	13.2%
13	531287 National Plastic	₹457.45	127	29.2	362	10	7.3%	2.6%	9.8%	1.5%	28.5%	15.5%
14	538817 Captain Pipes	₹18.20	122	12.1	80	2	9.7%	2.7%	1.3%	-33.1%	13.1%	-93.5%
15	530449 Rungta Irrigation	₹112.55	94	52.6	163	4	5.3%	2.6%	-17.4%	-11.7%	-49.9%	-90.5%
16	543239 G M	₹186.95	92	30.4	103	9	12.6%	8.7%	—	—	9.4%	25.0%
17	526638 Texel Industries	₹42.50	84	11.9	102	5	10.1%	4.7%	-14.4%	-0.7%	10.6%	35.6%
18	517431 Narmada Macplast	₹21.06	82	4.2	14	2	17.3%	13.0%	90.7%	-68.8%	3.8%	22.2%
19	517437 Dutron Polymers	₹170.00	61	40.2	92	3	4.4%	2.7%	-11.7%	-0.7%	1.5%	-19.2%
20	514442 Sri KPR	₹34.07	60	10.3	14	7	52.1%	47.7%	10.4%	38.6%	20.3%	43.2%
21	513337 Gujarat Toolroom	₹14.16	53	107.1	23	21	-23.6%	95.0%	-97.4%	-59.0%	-100.0%	238.2%
22	513642 Axel Polymers	₹63.85	50	—	49	-1	5.1%	-2.6%	-45.6%	-1169.2%	38.4%	342.5%
23	544035 Swashthik Plascon	₹75.97	44	18.4	153	9	15.0%	5.9%	—	—	6.9%	50.0%
24	526616 National Plastic	₹66.42	36	18.8	97	3	10.7%	3.4%	6.3%	-7.5%	-29.4%	-27.3%
25	530973 Alfa Ica	₹69.99	34	13.0	97	2	4.4%	2.2%	10.3%	31.9%	51.7%	53.1%

❓ Frequently asked questions

What was Swashthik Plascon Ltd's revenue in Q4 FY26?