TOKYOPLASTConsumer Discretionary

Tokyo Plast International Limited

Plastic Products - Consumer · ISIN INE932C01012 · BSE 500418 · NSE EQ · FV ₹10
Last price
₹76
-1.05%today
What this company does

Tokyo Plast International Limited operates in Plastic Products - Consumer, part of the Consumer Discretionary sector. It booked ₹20 cr of revenue in its latest quarter (Q1 FY27) and kept -1.0% of sales as profit. It is the 7th largest of 8 Plastic Products - Consumer companies we track, by market value.

In the report:
49out of 100
Equitytale Health Score
Mixed

Healthier than 49% of companies in Consumer Discretionary, on the 5 of 6 measures we could read for it. Each measure is ranked against the 326–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
45

At close. Not part of the score.

Profitability & returns17

How much profit it earns on the money it employs

Balance sheet20

How much it owes, and whether earnings cover the interest

Cash quality92

Whether reported profit actually arrives as cash

Valuation65

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Some things to watch
Strengths
Sales up 9% vs last year
Promoters hold 69%
No promoter shares pledged
Watch-outs
! Currently loss-making
! Thin -1.0% net margin
! Low -1.3% return on equity
! Operating cash flow is negative

What if I invest in TOKYOPLAST?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹76 -1.05%
latest close · 2026-09-17
1-year return
-28.1%
52-wk low ₹7252-wk high ₹131
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/B ratio1.15Moderate
Below bookModerateHigh
EV / EBITDA25.7High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-1.3%Loss
WeakFairStrong ▸15%
Return on capital1.8%Weak
WeakFairStrong
Net margin-1.0%Loss
ThinDecentStrong
EBITDA margin5.5%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.74Moderate
LowModerateHigh ▸1
Interest cover0.7×Risky
RiskyOkayStrong ▸5×
Current ratio0.98Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹72 cr
Book value
₹66
EPS
₹-0.21
latest quarter
Net debt
₹41 cr
owes more than its cash
Enterprise value
₹113 cr
EBITDA
₹4 cr
annualised
EBIT
₹1 cr
annualised
Operating margin
1.8%
Return on assets
-0.6%
Earnings yield
P/S
0.91
Sales / share
₹83.5
Tax rate
Face value
₹10
Shares
1.0 cr
Working capital
₹-1 cr
Current assets
₹56 cr
Current liabilities
₹57 cr
Delivery %
80.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹23₹31, midpoint ₹27

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹20 cr
Other Income₹0.55 L
Total Income₹20 cr
Cost of Materials₹9 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹54.2 L
Employee Benefit Expense₹4 cr
Finance Costs₹49.2 L
Depreciation & Amortisation₹73.7 L
Other Expenses₹5 cr
Total Expenses₹20 cr
Profit before Tax₹-13.1 L
Tax Expense₹7.3 L
Net Profit₹-20.4 L
Net margin on total income-1.0%
Where the money goes · Q1 FY27
% of total spend
Materials + stock-in-trade₹10 cr49.0%
Employee benefit expense₹4 cr20.4%
Finance costs₹49.2 L2.5%
Depreciation & amortisation₹73.7 L3.7%
Other expenses₹5 cr24.1%
Tax expense₹7.3 L0.4%
Total income ₹20 cr

The company made a net loss of ₹20.4 L this quarter — income covered only 99 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue17 cr23 cr20 cr
Total income17 cr23 cr20 cr
Expenses17 cr23 cr20 cr
Profit before tax-2.9 L22 L-13.1 L
Tax10.5 L17.6 L7.3 L
Net profit (owners' share)-13.3 L4.4 L-20.4 L
Net margin (owners' share, on revenue)-0.8%0.2%-1.0%
EPS (₹)0.000.05-0.21
YoY (latest quarter): total income +8.9% · net profit
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹136 cr
Shareholder equity
₹63 cr
parent shareholders
Total debt
₹46 cr
Cash
₹5 cr
Cash flow · H1 FY26
Operating
₹-2 cr
Investing
₹-7 cr
Financing
₹8 cr
Peer comparison
Plastic Products - Consumer · by market value
CompanyPriceMarket capP/E
Shaily Engineering Plastics Limited₹3,107₹14,293 cr
Safari Industries (India) Limited₹1,511₹7,402 cr38.8
VIP Industries Limited₹304₹4,322 cr
Nilkamal Limited₹1,917₹2,861 cr29.4
PIL ITALICA LIFESTYLE LIMITED₹8₹182 cr193.8
AVRO INDIA LIMITED₹8₹105 cr39.2
Tokyo Plast International Limitedthis company₹76₹72 cr
Pearl Polymers Limited₹17₹28 cr3.0
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹0.5
ex 19 Sep 2017
ActionDetailEx-date
Dividend₹0.5 / share19 Sep 2017
Who owns it · 2026-06-30
No pledge
Promoter
68.9%
Public
31.1%
Promoter stake up 4.4% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtPRITI HARESH SHAH · Promoters790 · ₹97,8577 Nov 25
BoughtPRITI HARESH SHAH · Promoters9,459 · ₹11.7 L6 Nov 25
BoughtPRITI HARESH SHAH · Promoters8 · ₹9926 Nov 25
Bulk / block deals
BoughtMANSI SHARE AND STOCK BROKING PRIVATE LIMITED · NSE62,927 @ ₹106.7617 Apr 26
SoldMANSI SHARE AND STOCK BROKING PRIVATE LIMITED · NSE19,772 @ ₹106.817 Apr 26
BoughtANKITA VISHAL SHAH · NSE64,408 @ ₹104.0917 Apr 26
Stake changes
BoughtPriyaj Haresh Shah · promoter→ 27.43% · 51,44920 Sep 24
BoughtPriti Haresh Shah · promoter→ 8.98% · 1.29 L20 Sep 24
BoughtDharmil Haresh Shah · promoter→ 27.85% · 26,81820 Sep 24
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Special shareholder meeting · 10 Dec 2025
See the official result
1
Approval for sale of the Company’s immovable property
Backed by 100% of shareholders other than promotersneeded 75%
3.26 L votes for, 125 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 4 named members
owning 68.9% between them · as of 2026-06-30
DHARMIL HARESH SHAH27.85%
PRIYAJ HARESH SHAH27.43%
PRITI HARESH SHAH13.60%
HARESH V SHAH0.01%
Business done with them
FY2025 · 3 of the group
The company paid ₹1 cr to companies in the promoter group last year — about 1.6% of its ₹72 cr revenue and received ₹1 cr back from them.
TOKYO FINANCE LIMITED
Contribution made to them · Reimbursement of Expenses,Loan Received,Loan repaid, Interest Paid
₹1 cr
company paid
TOKYO FINANCE LIMITED
Contribution received from them · Reimbursement of Expenses,Loan Received,Loan repaid, Interest Paid
₹56 L
company received
HARESH VELJI SHAH
Other income from them · Short Term employee benefits
₹36 L
company received
PRIYAJ HARESH SHAH
Other income from them · Short Term employee benefits
also owns 27.43% of the company
₹34.6 L
company received
TOKYO FINANCE LIMITED
Other payments to them · Reimbursement of Expenses,Loan Received,Loan repaid, Interest Paid
₹19 L
company paid
TOKYO FINANCE LIMITED
Settlement Of Liabilities On Behalf Of Entity By Related Party · Reimbursement of Expenses,Loan Received,Loan repaid, Interest Paid
₹1.2 L
company received

The company also transacted with 6 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.