Prima Plastics News and Updates

Name: Latest research reports of Prima Plastics Ltd. authored by IDBI Capital and published by - Trendlyne research reports.
Item: Prima Plastics Ltd.
Rating: 5
Author: IDBI Capital

Keep track of all breaking news on Prima Plastics from all sources in a single place.

Prima Plastics Ltd.

12 Aug 2023

121.95

0.45%

Prima Plastics Standalone June 2023 Net Sales at Rs 27.89 crore, up 22.85% Y-o-Y

Moneycontrol

Prima Plastics Ltd. is trading below its 50 day SMA of 126.1

Prima Plastics Ltd.

17 Feb 2023

121.95

0.45%

Prima Plastics Consolidated December 2022 Net Sales at Rs 56.89 crore, up 29.44% Y-o-Y

Moneycontrol

Prima Plastics has lost -25.55% in the last 1 Year

Prima Plastics Ltd.

15 Nov 2022

121.95

0.45%

Prima Plastics Consolidated September 2022 Net Sales at Rs 47.71 crore, up 38.9% Y-o-Y

Moneycontrol

NULL

Prima Plastics Ltd. is trading above its 30 day SMA of 121.1

Prima Plastics Ltd.

01 Jun 2021

121.95

0.45%

Prima Plastics Consolidated March 2021 Net Sales at Rs 37.60 crore, up 13.2% Y-o-Y

Moneycontrol

NULL

Prima Plastics has lost -25.55% in the last 1 Year

Prima Plastics Ltd.

01 Apr 2020

121.95

0.45%

Bulk & Block Deals: Shyam Sekhar's iThought sells Prima Plastics shares

Economic Times

Here's who bought what in some of key bulk and block deals on Wednesday.

Prima Plastics has lost -25.55% in the last 1 Year

Prima Plastics Ltd.

10 Jun 2019

121.95

0.45%

Prima Plastic Ltd.

Not Rated: Prima Plastics Ltd.

ICICI Securities Limited

The domestic business (contributes ~84% to topline) remains an underperformer with muted revenue CAGR of 6% in FY16-19 driven by volume growth mainly due to capacity addition. However, the gross margin has deteriorated by ~400 bps during the same period. This coupled with higher fixed cost (as post expansion plant utilisation remained low) dragged down EBITDA margin from ~11% in FY16 to ~6% in FY19. During the same period, standalone debt increased significantly from | 80 lakh to | 29 crore, resulting in a sharp increase in interest outgo. This was largely to fund...

Prima Plastics Ltd. is trading above its 30 day SMA of 121.1

Prima Plastics Ltd.

14 Sep 2017

121.95

0.45%

Result Review of Prima Plastics

Buy: Prima Plastics Ltd.

Target

IDBI Capital

We expect its revenue/EBITDA/PAT CAGR of 27.3%/35.9%/45% during FY17-FY19E on the back of volume growth and better margins at overseas business. We are raising our TP to Rs283 (14x FY19E EPS) from Rs271. Maintain BUY....

Prima Plastics has lost -25.55% in the last 1 Year

Prima Plastics Ltd.

04 Jan 2017

121.95

0.45%

Prima Plastics expands manufacturing capacity in Cameroon

Business Standard

The JV, Prima Dee-Lite Plastics, has raised the capacity from 4500 TPA to 8500 TPA

Prima Plastics Ltd. is trading above its 30 day SMA of 121.1

Prima Plastics Ltd.

30 Dec 2016

121.95

0.45%

Prima Plastic Ltd.

Buy: Prima Plastics Ltd.

ICICI Securities Limited

Prima Plastics Ltd. is trading below its 50 day SMA of 126.1

Prima Plastics Ltd.

17 Oct 2016

121.95

0.45%

Prima Plastics

Prima Plastics Ltd.

ICICI Securities Limited

We met the management of Prima Plastic (PPL) to get an insight into its business and future plans. Operating mainly in the plastic furniture segment, PPL is the fourth largest player in the organised category after Nilkamal, Wim Plast and Supreme Industries. It has over 400 distributors and a dealer network of ~5000 across India. The company also export its products to the Middle East, Latin American and African countries and recorded export revenue CAGR of 15% in the last five years. To tap African markets, PPL formed a 50% JV in 2006 called Prima Deelite...

Prima Plastics Ltd. is trading below its 50 day SMA of 126.1

Is Prima Plastics Ltd. worth buying?

43 Votes:

Buy 76.74%

Sell 13.95%

Hold 9.3%

36.47% Fall from 52W High

Prima Plastics News and Updates

Keep track of all breaking news on Prima Plastics from all sources in a single place.