
About Plastiblends
Plastiblends is a publicly listed company based in Mumbai (India) founded in 1991. Colour and additive masterbatches are manufactured with thermoplastic compounds. The company has 479 employees. Its chief executive, as recorded, is Varun S Kabra. Its website plastiblends.com draws about 10 thousand monthly visits. Its Indian entity Plastiblends India Limited reported revenue of βΉ802 Cr. Plastiblends offers products and services including Additive Masterbatches and Color Masterbatches. Its focus areas include Chemicals and Materials, Polymers and Polymer Additives.
Company details
Plastiblends India Limited is a manufacturer and exporter of Colour Additive Master Batches and Thermoplastic Compounds for the Plastic Processing Industry.
- Headquarters Mumbai, India
- Employees 479
- Stage Public
- SectorsChemicals & Materials
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website plastiblends.com
- Social LinkedIn X Facebook
- Legal Name Plastiblends India Limited
- Market Cap₹421 Cr
PLASTIBLEN · NSE
- Share Price₹165.01
+1.75% today
- Revenue₹789 Cr
FY 2025-26 · +1.1% YoY
- EBITDA₹53.02 Cr
Margin 6.7%
- Net Profit₹33.28 Cr
FY 2025-26 · +10.3% YoY
- P/E (TTM)9.0x
P/B 0.8x
- ROE8.4%
ROCE 10.9%
- Debt / Equity0.03
Interest cover 5.6x
- Employee Count479
Associated legal entities of Plastiblends
Plastiblends operates through Plastiblends India Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Plastiblends India Limited Listed CIN L25200MH1991PLC059943 | Active | 22 Jan 1991 | Mumbai, Maharashtra | ₹802 Cr | 513 | 9 | View details |
Products & Services of Plastiblends
Plastiblends offers a comprehensive portfolio of products and services, including Additive Masterbatches and Color Masterbatches.
Additive masterbatches are supplied to enhance properties like anti-static and flame retardant in plastics materials.
Color masterbatches are provided for various polymers to achieve consistent and high-quality coloring in production processes.
Board of directors of Plastiblends India Limited (Plastiblends)
Plastiblends India Limited is the primary company behind Plastiblends. The board of Plastiblends India Limited currently have 7 directors; the longest-serving is Satyanarayan Gopilal Kabra, appointed in 2008. 14 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Satyanarayan Gopilal Kabra DIN 00015930 | Managing Director | 01 Jul 2008 | 18 yrs 4 mo | Plastiblends India Limited |
| Varun Kabra Satyanarayan DIN 03376617 | Managing Director | 13 Feb 2015 | 11 yrs 8 mo | Plastiblends India Limited |
| Jyoti Kabra DIN 07088904 | Director | 11 May 2017 | 9 yrs 5 mo | Plastiblends India Limited |
| Rahul Ramkumar Rathi DIN 00966359 | Director | 30 Jan 2018 | 8 yrs 9 mo | Plastiblends India Limited |
| Meena Shreenarayan Agrawal DIN 00023235 | Director | 29 Jun 2020 | 6 yrs 4 mo | Plastiblends India Limited |
| Dharmendra Kantilal Gandhi DIN 01254714 | Director | 01 Jul 2024 | 2 yrs 4 mo | Plastiblends India Limited |
| Surendra Shriram Gupta DIN 01147494 | Director | 28 Apr 2025 | 1 yr 6 mo | Plastiblends India Limited |
People of Plastiblends
1 people are tracked at Plastiblends (1 in leadership); the tracked headcount is 479.
| Name | Role | Group |
|---|---|---|
| Managing Director & CEO & CSR Committee Member | Leadership |
Complete people profiles for Plastiblends
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Plastiblends
Plastiblends is a publicly listed company on the NSE with ticker symbol PLASTIBLEN in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date28 Dec 2006
- Listed onNSE: PLASTIBLEN
- Listed entityPlastiblends India Limited
- Exchange sectorProcess industries
- ISININE083C01022
- Share price₹187.20 (+0.17% on the day) · 2026-10-14
- Market capitalisation₹487 Cr
- Price to earnings10.6
- EPS (diluted, trailing year)₹17.67
- Dividend yield1.46%
- Volume (last session)33,392
Financials of Plastiblends
Exchange-reported figures of Plastiblends India Limited, the listed company behind Plastiblends (NSE: PLASTIBLEN).
Financial Highlights
FY 2025-26 Β· StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 789 | 780 | 802 | 769 | 718 | 577 | 606 |
| Revenue growth | +1.1% | -2.7% | +4.4% | +7.1% | +24.3% | -4.7% | - |
| EBITDA | 53.02 | 51.97 | 54.55 | 49.83 | 62.23 | 68.57 | 67.44 |
| EBITDA margin | +6.7% | +6.7% | +6.8% | +6.5% | +8.7% | +11.9% | +11.1% |
| Profit before tax | 48.83 | 44.91 | 46.16 | 36.49 | 48.98 | 53.19 | 51.53 |
| Net profit | 33.28 | 30.18 | 33.04 | 26.49 | 36.80 | 37.31 | 37.16 |
| Net profit margin | +4.2% | +3.9% | +4.1% | +3.5% | +5.1% | +6.5% | +6.1% |
| EPS (βΉ) | 14.12 | 12.87 | 13.28 | 10.33 | 14.12 | 14.37 | 14.30 |
| Balance sheet | |||||||
| Total assets | 486 | 447 | 425 | 417 | 444 | 381 | 350 |
| Net worth | 449 | 428 | 405 | 395 | 381 | 330 | 281 |
| Total debt | 22.31 | 4.79 | 7.81 | 8.71 | 44.79 | 31.91 | 48.36 |
| Cash & bank | 5.56 | 5.55 | 3.07 | 2.50 | 1.67 | 2.90 | 1.23 |
| Net working capital | 251 | 225 | 187 | 181 | 213 | 180 | 171 |
| Cash flow | |||||||
| Cash from operations | 21.33 | 8.86 | 38.06 | 72.31 | 15.44 | 48.14 | 74.39 |
| Cash from investing | (33.01) | 6.25 | (27.44) | (26.18) | (4.76) | (27.26) | (20.23) |
| Cash from financing | (8.39) | (11.90) | (11.02) | (45.27) | (11.71) | (19.44) | (54.67) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 229 | 222 | 211 | 186 | 193 | 200 | 199 | 184 |
| Revenue growth (YoY) | +18.8% | +11.0% | +5.8% | +0.8% | +3.9% | -5.7% | - | - |
| Other income | 2.58 | 2.37 | 3.66 | 3.35 | 3.51 | 2.52 | 2.41 | 1.98 |
| Total expenses | 213 | 200 | 192 | 176 | 182 | 186 | 185 | 173 |
| EBITDA | 16.14 | 21.98 | 18.93 | 9.67 | 10.86 | 13.48 | 14.45 | 11.43 |
| EBITDA margin | +7.1% | +9.9% | +9.0% | +5.2% | +5.6% | +6.8% | +7.3% | +6.2% |
| Depreciation | 3.80 | 3.72 | 3.68 | 3.77 | 3.81 | 3.84 | 3.79 | 3.88 |
| Interest | 0.39 | 0.40 | 0.59 | 0.66 | 0.55 | 0.27 | 0.28 | 0.29 |
| Profit before tax | 14.53 | 20.23 | 18.32 | 8.59 | 10.01 | 11.89 | 12.79 | 9.24 |
| Tax | 3.87 | 5.28 | 4.46 | 2.13 | 2.57 | 2.97 | 3.21 | 2.53 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 229 | 222 | 211 | 186 | 193 | 200 | 199 | 184 |
| Revenue growth (YoY) | +18.8% | +11.0% | +5.8% | +0.8% | +3.9% | -5.7% | - | - |
| Other income | 2.58 | 2.37 | 3.66 | 3.35 | 3.51 | 2.52 | 2.41 | 1.98 |
| Total expenses | 213 | 200 | 192 | 176 | 182 | 186 | 185 | 173 |
| EBITDA | 16.14 | 21.98 | 18.93 | 9.67 | 10.86 | 13.48 | 14.45 | 11.43 |
| EBITDA margin | +7.1% | +9.9% | +9.0% | +5.2% | +5.6% | +6.8% | +7.3% | +6.2% |
| Depreciation | 3.80 | 3.72 | 3.68 | 3.77 | 3.81 | 3.84 | 3.79 | 3.88 |
| Interest | 0.39 | 0.40 | 0.59 | 0.66 | 0.55 | 0.27 | 0.28 | 0.29 |
| Profit before tax | 14.53 | 20.23 | 18.32 | 8.59 | 10.01 | 11.89 | 12.79 | 9.24 |
| Tax | 3.87 | 5.28 | 4.46 | 2.13 | 2.57 | 2.97 | 3.21 | 2.53 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 789 | 780 | 802 | 769 | 718 | 577 | 606 |
| Revenue growth | +1.1% | -2.7% | +4.4% | +7.1% | +24.3% | -4.7% | - |
| Other income | 13.04 | 9.43 | 8.18 | 5.21 | 5.94 | 3.51 | 2.62 |
| Total expenses | 736 | 728 | 748 | 719 | 655 | 509 | 538 |
| Employee cost | 43.79 | 42.28 | 38.69 | 36.37 | 34.42 | 31.33 | 30.73 |
| EBITDA | 53.02 | 51.97 | 54.55 | 49.83 | 62.23 | 68.57 | 67.44 |
| EBITDA margin | +6.7% | +6.7% | +6.8% | +6.5% | +8.7% | +11.9% | +11.1% |
| Depreciation | 15.09 | 15.22 | 15.40 | 16.43 | 16.09 | 15.87 | 17.05 |
| Interest | 2.14 | 1.27 | 1.17 | 2.12 | 3.10 | 3.02 | 1.48 |
| Profit before tax | 48.83 | 44.91 | 46.16 | 36.49 | 48.98 | 53.19 | 51.53 |
| Tax | 12.13 | 11.48 | 11.64 | 9.63 | 12.27 | 15.84 | 14.37 |
| Net profit | 33.28 | 30.18 | 33.04 | 26.49 | 36.80 | 37.31 | 37.16 |
| Net profit margin | +4.2% | +3.9% | +4.1% | +3.5% | +5.1% | +6.5% | +6.1% |
| EPS (βΉ) | 14.12 | 12.87 | 13.28 | 10.33 | 14.12 | 14.37 | 14.30 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 12.99 | 12.99 | 12.99 | 12.99 | 12.99 | 12.99 | 12.99 |
| Reserves & surplus | 436 | 415 | 392 | 382 | 368 | 317 | 268 |
| Shareholders' funds (net worth) | 449 | 428 | 405 | 395 | 381 | 330 | 281 |
| Secured loans | 20.00 | 0.00 | 0.98 | 0.00 | 33.56 | 31.91 | 40.36 |
| Unsecured loans | 2.31 | 4.79 | 6.83 | 8.71 | 11.23 | 0.00 | 8.00 |
| Total debt | 22.31 | 4.79 | 7.81 | 8.71 | 44.79 | 31.91 | 48.36 |
| Total liabilities | 486 | 447 | 425 | 417 | 444 | 381 | 350 |
| Assets | |||||||
| Gross block | 306 | 282 | 274 | 268 | 269 | 243 | 229 |
| Net block | 180 | 170 | 176 | 181 | 189 | 179 | 180 |
| Capital work in progress | 6.18 | 2.56 | 1.25 | 0.21 | 2.47 | 9.00 | 2.63 |
| Investments | 56.24 | 56.44 | 70.68 | 67.22 | 50.77 | 21.96 | 3.90 |
| Inventories | 154 | 139 | 126 | 122 | 136 | 124 | 98.59 |
| Sundry debtors | 130 | 111 | 87.99 | 91.12 | 119 | 93.58 | 101 |
| Cash & bank balances | 5.56 | 5.55 | 3.07 | 2.50 | 1.67 | 2.90 | 1.23 |
| Loans & advances | 23.59 | 17.41 | 14.16 | 17.44 | 15.09 | 18.48 | 17.63 |
| Total current assets | 313 | 273 | 231 | 233 | 272 | 239 | 219 |
| Total current liabilities | 61.27 | 48.30 | 44.21 | 52.12 | 58.86 | 59.42 | 47.61 |
| Net working capital | 251 | 225 | 187 | 181 | 213 | 180 | 171 |
| Total assets | 486 | 447 | 425 | 417 | 444 | 381 | 350 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 4.61 | 1.40 | 1.79 | 0.93 | 1.95 | 0.50 | 1.01 |
| Net cash from operating activities | 21.33 | 8.86 | 38.06 | 72.31 | 15.44 | 48.14 | 74.39 |
| Net cash from investing activities | (33.01) | 6.25 | (27.44) | (26.18) | (4.76) | (27.26) | (20.23) |
| Net cash from financing activities | (8.39) | (11.90) | (11.02) | (45.27) | (11.71) | (19.44) | (54.67) |
| Net change in cash | (20.07) | 3.21 | (0.40) | 0.87 | (1.02) | 1.45 | (0.51) |
| Closing cash | 5.56 | 5.55 | 3.07 | 2.50 | 1.67 | 2.90 | 1.23 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +1.1% | -2.7% | +4.4% | +7.1% | +24.3% | -4.7% | - |
| EBITDA growth | +2.0% | -4.7% | +9.5% | -19.9% | -9.3% | +1.7% | - |
| PBT growth | +8.7% | -2.7% | +26.5% | -25.5% | -7.9% | +3.2% | +23.8% |
| Net income growth | +10.3% | -8.7% | +24.7% | -28.0% | -1.4% | +0.4% | - |
| Revenue CAGR (3Y) | +0.9% | +2.8% | +11.6% | +8.3% | +4.6% | +0.6% | +3.6% |
| EBITDA CAGR (3Y) | +2.1% | -5.8% | -7.3% | -9.6% | +1.1% | +7.7% | +1.8% |
| Profitability & leverage | |||||||
| Net income margin | +4.7% | +4.3% | +4.3% | +3.5% | +5.1% | +6.5% | +6.1% |
| Return on capital employed | +10.9% | +10.6% | +11.2% | +9.0% | +12.6% | +15.4% | +14.8% |
| Return on net worth | +8.4% | +8.0% | +8.6% | +6.9% | +10.3% | +12.2% | +13.5% |
| Debt / equity | 0.03 | 0.02 | 0.02 | 0.07 | 0.11 | 0.13 | 0.23 |
| Long-term debt / equity | 0.00 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.05 |
| Interest cover | 5.64 | 3.46 | 2.99 | 6.35 | 6.72 | 5.73 | 2.94 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.68 | 2.81 | 2.96 | 2.86 | 2.80 | 2.44 | 2.79 |
| Inventory turnover | 5.38 | 5.89 | 6.49 | 5.97 | 5.52 | 5.19 | 6.77 |
| Debtors turnover | 6.55 | 7.83 | 8.96 | 7.30 | 6.74 | 5.93 | 5.19 |
| EPS (βΉ) | 14.12 | 12.87 | 13.28 | 10.33 | 14.12 | 14.37 | 14.30 |
| Dividend per share (βΉ) | 3.00 | 2.50 | 4.25 | 4.00 | 4.00 | 4.00 | 3.75 |
| Book value per share (βΉ) | 172.78 | 164.51 | 155.99 | 151.99 | 146.78 | 127.02 | 108.08 |
Web traffic of Plastiblends
The website of Plastiblends (plastiblends.com) receives about 10.1K visits a month.
- Monthly visits10.1K
▲ 211.7% vs previous month
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Frequently Asked Questions about Plastiblends
Plastiblends was founded in 1991.
Plastiblends is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Varun S Kabra is the CEO of Plastiblends, as recorded in our data.
Plastiblends has 479 employees.
The primary company behind Plastiblends, Plastiblends India Limited, reported revenue of βΉ802 Cr for FY 2026, up 1% year on year.
Plastiblends India Limited is a manufacturer and exporter of Colour Additive Master Batches and Thermoplastic Compounds for the Plastic Processing Industry.
Plastiblends offers Additive Masterbatches and Color Masterbatches.
Yes, Plastiblends is publicly traded on NSE under the ticker symbol PLASTIBLEN.
Plastiblends operates through Plastiblends India Limited.
The legal entities of Plastiblends currently have 9 directors, including Varun Kabra Satyanarayan, Rahul Ramkumar Rathi, Himanshu Suresh Mhatre and others.
