Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Nse
Premium Plast Ltd. (PREMIUM)
SME CapAuto stocks · SME cap · NSE
Premium Plast Limited is a Tier-1 supplier of automotive plastic components (exterior, interior, under-the-hood) to commercial vehicle OEMs, using injection and blow molding. It also manufactures industrial plastic parts, packaging solutions, and solar connectors. The company operates three state-of-the-art facilities in India.
₹45.9
+0.00 · +0.00%
Market cap ₹87.7 Cr
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals20 Oct 2026 · screener
Latest result03 Jun, 11:29 pm IST
Score20 Oct, 05:22 pm IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage12/14 · 86%
Valuation2026-07-20 · Rf 6.8% · Auto P/E 25.7 (n=127)
Technical timing lens
Trend score and candlestick chart
70Bullishfull bull SMA stack · SMA20 +13.9% / mo · MACD + · near 52W high
Stock trend: 84
Sector RS: 49
Sector 3M: -6.3% vs Nifty 500 -5.6%
Auto FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
PREMIUMD candles · FIT view+23.4%Latest close ₹45.90 on 2026-10-16
Bar
+2.0%
RSI
58
MACD hist
0.08
52W pos
87%
2026-10-16O ₹45.00H ₹45.90L ₹45.00C ₹45.90Vol 9,000 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
PREMIUMNifty AutoNifty 500
- PREMIUM
- +9.3%
- Nifty 500
- -4.2%
- Nifty Auto
- -3.7%
- Vs Nifty 500
- +13.4 pp
Chart stats
16 Oct 2026- From 52W high
- -4.8%
- 52W range position
- 87%
- ATR (14)
- 3.7%
- Volume vs 20D
- 0.19x
- Avg traded value
- ₹0.2 Cr
- 20D price channel
- ₹37.5 - ₹48.2
₹48.2
₹29.8 - ₹48.2
₹1.7
Latest completed session
20-session average
48.3% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, while price trend supports entry. This looks more like momentum/speculation than a clean fundamental investment setup.
Weak U-Score but strong trend: momentum may be ahead of fundamentals.
Suggested next step
Momentum only
Trend is strong but fundamentals do not support a clean investment thesis.
U-Score
Legacy · WATCHLIST32
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Average52
Revenue +56.8% · PAT +23.0% YoY
Technical
Bullish70
Price trend and sector-relative-strength timing.
Valuation
Legacy model-42.9%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence71
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 31 Mar 2026
Average · 52/100margin compression · Rev +57% YoY · PAT +23% YoY
Filed 31 Mar 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹36.9 Cr | +56.8% | -4.2% |
| EBITDA | ₹6.1 Cr | NDF | -25.4% |
| Operating margin | 16.5% | NDF | -468 bps |
| PAT | ₹2.9 Cr | +23.0% | -25.2% |
| PAT margin | 8.0% | NDF | -224 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 55.10
- P/B
- —
- EV/EBITDA
- 12.89
- Market Cap
- 87.70Cr
Profitability
- ROE
- 14.50%
- ROCE
- 20.40%
- ROA
- 5.47%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 26.57%
- EPS 5Y
- 44.64%
- Revenue 3Y
- 10.00%
- EPS 3Y
- 10.00%
Balance Sheet
- Debt/Equity
- 0.56
- Interest Coverage
- 3.92×
- Altman Z
- 5.71
- Book Value
- —
Cash Flow
- FCF Yield
- 1.52%
- FCF Positive Y
- 3/5
- OCF
- 3.60 Cr
- EPS TTM
- —
Shareholding
- Promoter Hold
- 68.73%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 87%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 36.9-4.2% vs prev
Net Profit
₹ CrLatest: 2.9-25.2% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend unclear. RSI 58. Wait for confirmation.
- SMA20 rising (~12.2% over last month) — short-term momentum positive.
- RSI(14) at 58 — falling, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 5% off 52W high · 54% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
84
RS percentile
Stage 2 UptrendEstablished S2
1M return
+14.9%
3M return
+24.1%
6M return
+23.7%
1Y return
+31.3%
RS 1D
0
RS 20D
+32
Sector rank
#3
Industry rank
#30
Stage evidence
- Price is 19.7% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +2.1%.
- Both 3-month and 6-month returns are positive.
50-DMA
price above
200-DMA
price above
S2 entered
08 Sept 2026
S2 age
24 trading sessions
Sector
leading
Industry
neutral
Relative-strength line vs Nifty 500 (base 100)
206 observations
16 Oct 2026Value 125.67-3.76%
RS vs Nifty 500126
Valuation & peers
U-Score 32 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 32 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
WATCHLIST
Fundamental score breakdown
U band · WATCHLISTValuation0/30
Growth16/25
Quality9/20
Balance Sheet7/15
Cash Flow4/10
Piotroski
8/9 (+5)
Penalties
-9
Raw sum
32
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
32/100 · legacy band WATCHLIST
Positive drivers
- Piotroski is strong at 8/9.
- Growth contributes 16/25 to the score.
- Balance sheet contributes 7/15 to the score.
Main drags
- Penalty bucket subtracts 9 points.
- Fair-value margin of safety is negative at -42.9%.
- Valuation is weaker at 0/30; verify the latest quarterly trend.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
55.1
PB
—
EV/EBITDA
12.9
ROE
14.5%
ROCE
20.4%
FCF Yield
1.5%
Debt/Equity
0.6
MoS
-42.9%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
32
Previous: 32
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
-42.9%
Previous: -42.9%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
32
32
32
32
32
32
32
32
32
32
32
32
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
—
Growth-justified P/E
38.5
Growth-justified Value
—
-42.9% MoS
PEG
1.79
Comparable companies
Peers
Business-comparable peers in Auto — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
SHREEOSFM
SME
Shree OSFM E-Mobility Ltd.
Auto Components
match 137
63
12.3
8.8%
+73%
UNDERVALUED
FORGEAUTO
SME
Forge Auto International Ltd.
Auto Components
match 137
37
8.9
17.7%
-15%
WATCHLIST
SELLOWRAP
SME
Sellowrap Industries Ltd.
Auto Components
match 137
64
9.0
14.8%
+77%
UNDERVALUED
DELTIC
SME
Delta Autocorp Ltd.
Auto Components
match 136
35
8.9
8.1%
-14%
WATCHLIST
ITTL
SME
Innovative Tyres & Tubes Ltd.
Auto Components
match 136
18
—
—
—
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Where growth can come from, and what can break the case
Thesis intactReviewed 2026-08-21T08:14:47.588Z
Management commentary snapshot
Premium Plast achieved ₹57.03 Cr revenue in FY25, a 22.09% YoY increase, crossing the ₹50 Cr milestone. EBITDA grew 20.74% YoY to ₹12.40 Cr, with Net Profit up 35.15% YoY to ₹6.45 Cr. EBITDA margin slightly declined to 21.67% from 21.98% in FY24, while Net Profit margin improved to 11.27%.
The company demonstrated strong top-line and bottom-line growth in FY25, driven by its core automotive components business. Strategic diversification into sheet metal manufacturing and focus on EV components present future growth avenues, though execution and market penetration in new segments need monitoring.
Current business mix
Revenue by Product (FY25)
Latest issuer-disclosed distribution across 3 reported categories.
Automotive Plastic Components86.0%
Industrial Plastic Parts8.0%
Molded Industrial Packaging6.0%
Growth engines
Automotive Components Business
Automotive Plastic Components contributed 86% of FY25 revenue, growing from ₹39.23 Cr in FY24 to ₹49.05 Cr in FY25.
Product Portfolio Expansion
Diversifying into high-growth products like bushings, solar connectors, and EV components, investing in advanced tooling for automotive molds.
Sheet Metal Manufacturing
Strategic foray into industrial sheet metal components, catering to captive consumption and external market demand, operational from Jan 2025.
Capacity and execution
Vasai Unit Capacity Increase
Installed capacity at Vasai, Maharashtra increased from 250 MTPA in FY24 to 270 MTPA in FY25.
Pithampur Plot 36 Capacity Increase
Installed capacity at Pithampur Plot 36, M.P. increased from 1,325 MTPA in FY24 to 1,500 MTPA in FY25.
Pithampur Plot S3/5 Capacity Increase
Installed capacity at Pithampur Plot S3/5, M.P. increased from 400 MTPA in FY24 to 450 MTPA in FY25.
New Sheet Metal Facility
New facility for industrial sheet metal components operational from January 27, 2025, in Shiv Kubereshwar Industrial Estate, Vasai East.
Tailwinds
Indian EV Market Growth
India's EV market is expected to reach 10 million units by 2030, presenting opportunities for specialized components.
Auto Component Export Growth
Indian auto component exports are projected to reach USD 30 Bn by 2026, supported by government policies.
Government Support
Government support includes FAME-II, 100% FDI, and PLI schemes to boost advanced components and innovation.
Management accountability
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Analyst reading lens
Compare YOY
The financial data is presented annually (FY23, FY24, FY25), making year-over-year comparison the most appropriate to assess growth trends and performance changes over time.
Sector KPIs management disclosed
Revenue Growth
Total Income increased by 22.57% from ₹46.71 Cr in FY24 to ₹57.25 Cr in FY25.
EBITDA Growth
EBITDA increased by 20.74% from ₹10.27 Cr in FY24 to ₹12.40 Cr in FY25.
Net Profit Growth
Net Profit increased by 35.15% from ₹4.78 Cr in FY24 to ₹6.45 Cr in FY25.
Capacity Utilization - Vasai
Utilized Capacity at Vasai unit increased from 80% (200 MTPA) in FY24 to 85% (230 MTPA) in FY25.
Management forward view
FY25 Performance & Strategic Foray
Premium Plast crossed ₹50 Cr total income in FY25, reflecting core business strength. Strategic foray into sheet metal manufacturing marks a new growth chapter.
Future Outlook
Management is confident in its roadmap, focused on building a robust, diversified portfolio for sustainable growth.
Thesis monitor
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| Sheet Metal Business Ramp-up | New facility operational from Jan 2025. | Initial revenue contribution and customer acquisition in the industrial sheet metal segment. |
| EV Component Development | Strategic focus on diversifying into EV components and solar connectors. | New product launches and order wins related to EV and solar segments. |
| Capacity Utilization | FY25 utilization rates: Vasai 85%, Pithampur Plot 36 80%, Pithampur Plot S3/5 76%. | Sustained or improved utilization rates, indicating demand absorption for expanded capacity. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trust Score
71Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 66th percentile of the scored universe and 44th percentile within Auto. Main check: results consistency is weak at 55/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
4 docs text-extracted · 2 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
66th percentile
overall median 67 · Auto: 44th pctile, median 74 · SME: 85th pctile, median 64
Evidence depth
Financial-only
4 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
65
acceptable · profit to cash conversion
Balance sheet
73
acceptable · leverage and solvency
Discipline
74
acceptable · capital discipline
Results
55
watch · quarterly consistency
Trust positives
- ▸Promoter holding is 68.7%.
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 1.8%.
- ▸ROCE is 20.4%.
Trust risks
- ▸No major Trust Lite risk flags.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Premium Plast Ltd.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Investor presentationJun 2025
Jun 2025 · PPT
Source: Nse
Concall transcriptJun 2025
Jun 2025 · Transcript
Source: Nse
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Nse
Investor presentationMar 2025
Mar 2025 · PPT
Source: Nse
Concall transcriptFeb 2025
Feb 2025 · Transcript
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.