Plastiblends

Mumbai, India Founded: 1991 • Age: 35 yrs Listed
Colour and additive masterbatches are manufactured with thermoplastic compounds.

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 β‚Ή802 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
  • Sectors
    Chemicals & Materials
  • Email
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  • Phone
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  • Website plastiblends.com
  • Social LinkedIn X Facebook
  • Legal Name Plastiblends India Limited
Key Metrics
  • 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

  • ROE
    8.4%

    ROCE 10.9%

  • Debt / Equity
    0.03

    Interest cover 5.6x

  • Employee Count
    479

Products & Services of Plastiblends

Plastiblends offers a comprehensive portfolio of products and services, including Additive Masterbatches and Color Masterbatches.

Additive Masterbatches
Masterbatches

Additive masterbatches are supplied to enhance properties like anti-static and flame retardant in plastics materials.

Color Masterbatches
Masterbatches

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.

DirectorDesignationAppointedTenureEntity
Satyanarayan Gopilal Kabra
DIN 00015930
Managing Director01 Jul 200818 yrs 4 moPlastiblends India Limited
Varun Kabra Satyanarayan
DIN 03376617
Managing Director13 Feb 201511 yrs 8 moPlastiblends India Limited
Jyoti Kabra
DIN 07088904
Director11 May 20179 yrs 5 moPlastiblends India Limited
Rahul Ramkumar Rathi
DIN 00966359
Director30 Jan 20188 yrs 9 moPlastiblends India Limited
Meena Shreenarayan Agrawal
DIN 00023235
Director29 Jun 20206 yrs 4 moPlastiblends India Limited
Dharmendra Kantilal Gandhi
DIN 01254714
Director01 Jul 20242 yrs 4 moPlastiblends India Limited
Surendra Shriram Gupta
DIN 01147494
Director28 Apr 20251 yr 6 moPlastiblends India Limited

People of Plastiblends

1 people are tracked at Plastiblends (1 in leadership); the tracked headcount is 479.

NameRoleGroup
Managing Director & CEO & CSR Committee MemberLeadership
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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· Standalone
Revenue
₹789 Cr
+1.1% YoY
EBITDA
₹53.02 Cr
+2.0% YoY
Profit After Tax
₹33.28 Cr
+10.3% YoY
Net Worth
₹449 Cr
+5.0% YoY
Total Assets
₹486 Cr
+8.9% YoY
Total Debt
₹22.31 Cr
+365.8% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue789780802769718577606
Revenue growth+1.1%-2.7%+4.4%+7.1%+24.3%-4.7%-
EBITDA53.0251.9754.5549.8362.2368.5767.44
EBITDA margin+6.7%+6.7%+6.8%+6.5%+8.7%+11.9%+11.1%
Profit before tax48.8344.9146.1636.4948.9853.1951.53
Net profit33.2830.1833.0426.4936.8037.3137.16
Net profit margin+4.2%+3.9%+4.1%+3.5%+5.1%+6.5%+6.1%
EPS (β‚Ή)14.1212.8713.2810.3314.1214.3714.30
Balance sheet
Total assets486447425417444381350
Net worth449428405395381330281
Total debt22.314.797.818.7144.7931.9148.36
Cash & bank5.565.553.072.501.672.901.23
Net working capital251225187181213180171
Cash flow
Cash from operations21.338.8638.0672.3115.4448.1474.39
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)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue229222211186193200199184
Revenue growth (YoY)+18.8%+11.0%+5.8%+0.8%+3.9%-5.7%--
Other income2.582.373.663.353.512.522.411.98
Total expenses213200192176182186185173
EBITDA16.1421.9818.939.6710.8613.4814.4511.43
EBITDA margin+7.1%+9.9%+9.0%+5.2%+5.6%+6.8%+7.3%+6.2%
Depreciation3.803.723.683.773.813.843.793.88
Interest0.390.400.590.660.550.270.280.29
Profit before tax14.5320.2318.328.5910.0111.8912.799.24
Tax3.875.284.462.132.572.973.212.53

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 03 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue229222211186193200199184
Revenue growth (YoY)+18.8%+11.0%+5.8%+0.8%+3.9%-5.7%--
Other income2.582.373.663.353.512.522.411.98
Total expenses213200192176182186185173
EBITDA16.1421.9818.939.6710.8613.4814.4511.43
EBITDA margin+7.1%+9.9%+9.0%+5.2%+5.6%+6.8%+7.3%+6.2%
Depreciation3.803.723.683.773.813.843.793.88
Interest0.390.400.590.660.550.270.280.29
Profit before tax14.5320.2318.328.5910.0111.8912.799.24
Tax3.875.284.462.132.572.973.212.53
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue789780802769718577606
Revenue growth+1.1%-2.7%+4.4%+7.1%+24.3%-4.7%-
Other income13.049.438.185.215.943.512.62
Total expenses736728748719655509538
Employee cost43.7942.2838.6936.3734.4231.3330.73
EBITDA53.0251.9754.5549.8362.2368.5767.44
EBITDA margin+6.7%+6.7%+6.8%+6.5%+8.7%+11.9%+11.1%
Depreciation15.0915.2215.4016.4316.0915.8717.05
Interest2.141.271.172.123.103.021.48
Profit before tax48.8344.9146.1636.4948.9853.1951.53
Tax12.1311.4811.649.6312.2715.8414.37
Net profit33.2830.1833.0426.4936.8037.3137.16
Net profit margin+4.2%+3.9%+4.1%+3.5%+5.1%+6.5%+6.1%
EPS (β‚Ή)14.1212.8713.2810.3314.1214.3714.30
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital12.9912.9912.9912.9912.9912.9912.99
Reserves & surplus436415392382368317268
Shareholders' funds (net worth)449428405395381330281
Secured loans20.000.000.980.0033.5631.9140.36
Unsecured loans2.314.796.838.7111.230.008.00
Total debt22.314.797.818.7144.7931.9148.36
Total liabilities486447425417444381350
Assets
Gross block306282274268269243229
Net block180170176181189179180
Capital work in progress6.182.561.250.212.479.002.63
Investments56.2456.4470.6867.2250.7721.963.90
Inventories15413912612213612498.59
Sundry debtors13011187.9991.1211993.58101
Cash & bank balances5.565.553.072.501.672.901.23
Loans & advances23.5917.4114.1617.4415.0918.4817.63
Total current assets313273231233272239219
Total current liabilities61.2748.3044.2152.1258.8659.4247.61
Net working capital251225187181213180171
Total assets486447425417444381350
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash4.611.401.790.931.950.501.01
Net cash from operating activities21.338.8638.0672.3115.4448.1474.39
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 cash5.565.553.072.501.672.901.23
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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 / equity0.030.020.020.070.110.130.23
Long-term debt / equity0.000.010.010.020.020.020.05
Interest cover5.643.462.996.356.725.732.94
Efficiency & per share
Fixed asset turnover2.682.812.962.862.802.442.79
Inventory turnover5.385.896.495.975.525.196.77
Debtors turnover6.557.838.967.306.745.935.19
EPS (β‚Ή)14.1212.8713.2810.3314.1214.3714.30
Dividend per share (β‚Ή)3.002.504.254.004.004.003.75
Book value per share (β‚Ή)172.78164.51155.99151.99146.78127.02108.08

Web traffic of Plastiblends

The website of Plastiblends (plastiblends.com) receives about 10.1K visits a month.

  • Monthly visits
    10.1K

    ▲ 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 β‚Ή802 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.

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