Ecoplast Ltd

Ecoplast Ltd. – Company Report


1. Company Overview


Ecoplast Ltd., established in 1981 and headquartered in Valsad, Gujarat, is a highly respected Indian manufacturer known for its expertise in multilayer co-extruded polyethylene (PE) and co-polymer films. The company is a public limited entity, listed on the Bombay Stock Exchange since 1994, and commands a prominent position as one of India’s largest suppliers of surface protection, lamination, and specialty films. Ecoplast’s solutions serve a broad range of industries, including construction, packaging, pharmaceuticals, automotive, and wires & cables, both domestically and internationally.

Operating from a modern, automated facility with advanced testing capabilities, Ecoplast emphasizes innovation, stringent quality standards, and environmental sustainability. It boasts an annual production capacity of approx. 7,800 metric tons, with a workforce of over 100 employees.

  • Incorporated: 1981
  • Headquarters: Valsad, Gujarat, India
  • Type: Public Limited Company
  • Manufacturing Capacity: 7,800 MT/year
  • Certifications: ISO 9001:2015
  • Employees: 100+
  • Market Capitalization (July 2025): ~₹135 crore
  • Key End Industries: Construction, automotive, packaging, pharmaceuticals, FMCG
  • Exports: Significant presence in developed and developing markets globally

2. Products and Services


Ecoplast Ltd. delivers advanced polymer film solutions, leveraging decades of technical know-how and process innovation.

Core Product Range

  • Multilayer co-extruded PE films
  • Specialty co-polymer films
  • Surface protection films for safeguarding materials during processing, storage, transit, and installation
  • Lamination films compatible with polyester, BOPP, aluminum foil, and paper
  • Films for aluminum composite panels, FMCG, and pharma packaging
  • Post-consumer recycled PE films for sustainable packaging needs

Applications

  • Flexible packaging (heat seal layers, barrier films)
  • Surface protection for automotive, electronics, appliances, glass, and aluminum
  • Lamination and conversion films for industrial and consumer packaging

Technical Strengths

  • Customization for thickness, width, and adhesive compatibility
  • In-house R&D for innovation and quality control
  • Tailor-made solutions for critical performance environments

3. Recent News & Financial Performance


Business Developments

  • Increased focus on high-value specialty films has enhanced market presence
  • Export growth through custom-engineered, quality-focused products
  • Ongoing automation and sustainability investments

Quarterly Revenue Breakdown

  • Q4 FY2025: ₹32.45 crore
  • Q3 FY2025: ₹33.39 crore
  • Q2 FY2025: ₹30.35 crore

Ecoplast reported an 18% YoY sales growth in FY2024, with net profit more than doubling, reflecting improved demand and operating efficiency.


4. Financial Performance (FY2025)


Metric FY2025 Value
Total Revenue ₹130 crore
Net Profit ₹8.5 crore
Operating Profit Margin 11%
Net Profit Margin ~7%
Basic EPS ₹24.5
Dividend Yield 0.55%

Financial Summary

FY2025
MetricCompanyIndustry Avg.
Price / Sales1.791.65
EV / EBITDA14.5711.73
Debt / Equity0.010.5
ROE %14.5517.4
ROCE %20.1520.47
P / B3.053.19
Div Yld %0.460.7
P/E26.8120.34
OPM %9.6913.57
Qtr Sales Growth YOY %9.4116.19
Qtr Profit Growth YOY %-27.0118.24
ROA LAST 12M %11.9111
Prom. Hold. %64.8464.58
Sales 3Yrs CAGR %10.3614.35
Sales 5Yrs CAGR %5.1218.1
Profit 3Yrs CAGR %98.2742.11
Profit 5Yrs CAGR %19.1727.23

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