Sintex Plastics Technology Ltd (SPTL) — shareholding pattern, promoter holding, financials and share price
About Sintex Plastics Technology Ltd (SPTL)
Sintex Plastics Technology Ltd operates in the Plastic Products - Industrial industry, within the Capital Goods sector. It trades on the NSE as SPTL and on the BSE under scrip code 540653. Its ISIN is INE501W01021.
Sintex Plastics Technology Limited is a plastic processing conglomerate that caters to diverse high-growth sectors. It is engaged in the manufacture of plastic products in India and Europe and trading activities in the USA. [1] [2]
Listed peers in Plastic Products - Industrial: Narmada Macplast Drip Irrigation Systems Ltd, Jyoti Global Plast Ltd, Divyadhan Recycling Industries Ltd, Malpani Pipes & Fittings Ltd, Gujarat Toolroom Ltd, Dutron Polymers Ltd.
Valuation & Returns
At ₹1.06 a share, Sintex Plastics Technology Ltd (SPTL) was valued at a price-to-earnings ratio of -0.16x against an industry P/E of 37x and a price-to-book of 4.79x on a book value of ₹0.22 per share. Solomo computes return on capital employed of -17.91% from filed results.
- P/E
- -0.16x
- Industry P/E
- 37x
- P/B
- 4.79x
- EPS (TTM)
- ₹-6.46
- Book value / share
- ₹0.22
- ROCE
- -17.91%
- Debt / equity
- 178.88x
- Dividend yield
- 0%
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2022In the year ended Mar 2022, Sintex Plastics Technology Ltd (SPTL) reported revenue of ₹935 crore, net profit of ₹-428 crore and earnings per share of ₹-6.77. That compares with revenue of ₹858 crore and net profit of ₹-648 crore in Mar 2021. Figures are consolidated, as filed with the exchanges.
In the quarter ended Dec 2022, revenue was ₹248 crore and net profit ₹36 crore (consolidated).
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 5,492 | 2,451 | 917 | 858 | 935 |
| Net profit (₹ cr) | 138 | 94 | -1,129 | -648 | -428 |
| EPS (₹) | 2.25 | 1.49 | -17.9 | -10.23 | -6.77 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 31.95% | -61.16% | 8.94% |
| Profit growth | - | - | 34.00% |
| Stock price CAGR | -29% | -9% | - |
Ownership Summary
Dec 2023As of Dec 2023, promoters hold 0.08% of Sintex Plastics Technology Ltd (SPTL) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0.12% and domestic institutional investors (DII) hold 0.18%. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2017.
Largest disclosed public shareholders in Dec 2023: HUF 3.01%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Dec 2023 | 0.08% | - | 0.12% | 0.18% | 99.92% |
| Sep 2023 | 0.08% | - | 0.12% | 0.18% | 99.92% |
| Jun 2023 | 0.08% | - | 0.12% | 0.18% | 99.92% |
| Mar 2023 | 0.08% | - | 0.12% | 0.23% | 99.92% |
| Dec 2022 | 3.4% | - | 0.12% | 0.23% | 96.6% |
| Sep 2022 | 7.61% | 34.6% | 0.46% | 0.23% | 92.39% |
| Jun 2022 | 11.94% | 25.7% | 0.53% | 0.19% | 88.06% |
| Mar 2022 | 12.22% | 19.4% | 0.48% | 0.18% | 87.78% |