NATIONAL PLASTIC INDUSTRIES LTD (526616) - STOCK OF THE WEEK

Dear Investor friends, Today I am expressing my view on one Plastic industry.

NATIONAL PLASTIC INDUSTRIES LTD (526616)

National Plastic industries an ISO 9000 company started its production in the year 1952. Slowly and steadily it kept on innovating new and interesting homeware products which at a later date became the main thrust of innovation for the company. Today Company’s brand “NATIONAL” is a household name in the plastic field.

The Company has production units in Silvassa, Patna and Nellore .Manufacturing of plastic moulded furniture & household products is been done in Silvassa & Patna units. In Nellore unit the Company has started new product i.e. PVC flooring Mats under the brand name "INSTA”.

Companies products are fall mainly under 3 categories.

1.    Furnitures

2.    House ware

3.    Mattz

1.    Furnitures

In the furniture segment main products are chairs. Different types of chairs are being manufactured by the company in this segment. Few of them are Luxury chairs, High back chairs, Student chairs, Stools, Planters, Baby chairs and storage products.

NATIONAL is the brand name of these products, and it is renowned name in most of the houses.

2.    House ware

In this category company manufactures buckets, Chopping tables, Laundry baskets, Soft drink crates, hangers, shopping baskets etc.

3.    Mattz

This is the new product segment of the company, where in PVC floor mats are being manufactured. The brand name of these products are being sold under “INSTA”.

Besides chairs, National Plastics Industries Ltd. is one of the pioneers in bringing in a revolution for the use of Plastic Crates for the Beverage Industry in India. Today Plastic crates are very well accepted all over India for the Soft-drink Industry, International brand like PEPSI, COCA-COLA are using National crates for crating their bottle besides numerous national and local brands.

Company website: Clickhere

FINANCIALS AND OUTLOOK

Company shares are trading in BSE. Promoter holding in company 56.6%

Company posted 31.9 Cr top line in Sept  Qtr.

Net profit is 0.96 Cr bottom-line in June Qtr.

Regular Dividend paying company.

Stock is trading at Rs 69

Company is mainly engaged in the business of of Moulded houseware / office products. As the trend is changing from using metal or wooden products to plastic is increasing will be a huge positive for the company. Company established already brands in this segment.

Considering above and performance as compared to QOQ is very impressive stock will perform well and fetch good returns to investors in a days to come.

NOTE: THE ABOVE IS NOT A RESEARCH REPORT NOR A RECOMMENDATION BUT INFORMATION AS AVAILABLE ON PUBLIC DOMAIN. 

Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”