Solve Plastic Products
- Market cap
- ₹ 7 Cr.
- P/E
- 17x
- P/B
- 0.72x
- 52-week range
- 13.4 – 28.95
- ROE
- 4%
- ROCE
- 7.9%
- Dividend yield
- 0%
- Debt / equity
- 1.09
- Sector
- Industrial Products
- Industry
- Plastic Products - Industrial
- Listed on
- NSE SME
About
Solve Plastic Products Limited is an India-based company engaged in manufacturing of unplasticized polyvinyl chloride pipes (uPVC) and rigid PVC electrical conduits. The Company markets its products under the brand name BALCOPIPES. Its products include Casing N Capping, CPVC Water Pipe Fittings, CPVC Water Pipes, Flexible Conduits, Solvent Cement, Green Hoses, Rigid PVC Electric Conduits, Rigid PVC Electric Conduits Fittings, UPVC Pipes, UPVC Pipes Fitting, and Water Tank. Its PVC Garden hoses are used to provide water in patios, lawns, and gardens. Its PVC Garden hoses are available in different sizes and lengths, such as 15 meters and 30 meters in 20 millimeters (1/2), 25 mm (3/4), and 32 mm (1) sizes. Its CPVC Water Pipes are designed to cater to both hot and cold-water applications for modern residential, commercial, and industrial plumbing systems. The Company has about three manufacturing facilities in Kerala and one manufacturing facility in Tamil Nadu.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Plastic Products - Industrial: 78 companies →Solve Plastic Products against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)17 against a typical 20.5: cheaper than most peers (1st = cheapest).32nd of 76
- Sales growth+5.1% against a typical +14.5% from a year earlier.42nd of 66
- Profit growth−97.9% against a typical +15.3% from a year earlier.45th of 55
- Share price, 3 months−13.9% against a typical −8.5%.40th of 61
- Size₹ 7.5 Cr. market value against a typical ₹ 104.4 Cr. (1st = largest).61st of 68
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 1 Sep 2026 | Board Meeting Intimation | Solve Plastic Products Limited has informed the Exchange about Board Meeting to be held on 01-Sep-2026 to consider Other business. |
| 29 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 15 May 2026 | Other business matters | To consider other business matters |
| 13 Mar 2026 | Other business matters | To consider other business matters |
| 14 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 27 Aug 2025 | Other business matters | To consider other business matters |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Sales | 24 | 23 | 20 | 21 | 22 | 24 |
| Expenses | 23 | 21 | 21 | 24 | 21 | 23 |
| Operating Profit | 1 | 2 | −1 | −3 | 1 | 1 |
| OPM % | 3.9% | 8.1% | −4.3% | −14.4% | 5.6% | 3.5% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 1 | 1 | 1 | 0 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 1 | 0 | 0 |
| Profit before tax | 0 | 1 | −2 | −4 | 1 | −0 |
| Tax % | −62.1% | 17.2% | 11.4% | −24.5% | 36.9% | −133.3% |
| Net Profit | 0 | 1 | −2 | −3 | 0 | 0 |
| EPS in Rs | 1.53 | 3.13 | −4.46 | −6.5 | 0.96 | 0.05 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 2%
- 3 Years
- −9%
- TTM
- 12%
- 10 Years
- —
- 5 Years
- 36%
- 3 Years
- −27%
- TTM
- 109%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- −10%
- 3 Years
- −14%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Solve Plastic Products | ₹ 17.10 | ₹ 7 Cr. | 17x | 0.7x | 4% | — |
| Supreme Industries | ₹ 3,450.00 | ₹ 43,824 Cr. | 46x | 7.1x | — | 9.1% |
| PG Electroplast | ₹ 472.00 | ₹ 13,535 Cr. | 90.1x | 5.8x | — | 3.5% |
| Astral | ₹ 1,353.00 | ₹ 36,348 Cr. | 71.2x | 9.7x | 14% | 8.1% |
| Garware Hi-Tech Films | ₹ 7,037.90 | ₹ 16,351 Cr. | 153.1x | 6.2x | — | 17.2% |
| Tega Industries | ₹ 1,721.60 | ₹ 12,919 Cr. | 79.3x | 3.6x | 5.9% | 8.4% |
Management
- Prasad Kizhakkematta Ppallil
- Chief Financial Officer
- Divya Ajnthakumari
- Compliance Officer, Company Secretary
- Sudheer Kumar Balakrishnan Nair
- Managing Director, Executive Director
- Aravind Sudheer Kumar
- Executive Director
- Shankar Sudheer Kumar
- Executive Director
- Susil Balakrishnan Nair
- Whole Time Director
- Govind Vinodkumar
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.