National Plastic Industries Ltd. Stock Research

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National Plastic Industries Ltd. Detail

National Plastic Industries Limited is in portfolio of Subramanian P. He is one of the top investors in India. The company belongs to Plastics sector.

As per the Company website it is India’s leading manufacturer of houseware products but also the largest exporter of plastic furniture in India.

The Company operates under the brand name National. The brand has Pan India presence and are available in across 36 countries including America, Australia. The Company has three factories as mentioned below 

  • Silvassa and Patna plants are used for manufacturing of plastic molded furniture and household products .
  • Nellore – PVC Flooring Mats under the brand name Insta. This is new product line from the Company.

The product line of Company can be categorized as below

  • Furniture
  • Household accessories
  • Evaporative Air Coolers
  • Storage Cabinets
  • PVC Flooring Mats

Now lets look at performance of this company over the years.As per Dow theory of technical analysis price performance over a period of time reflects Company state.

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National Plastic Industries Ltd. Stock Performance

National Plastics Industries Stock Performance
National Plastics Industries Stock Performance

The Company gave more than 5 times return in past 16 years. Majority of return came between year 2014 and 2018.In between 2002 and 2014 Company touched 20 mark only twice.

The Company does give 3% dividend yield. This is very attractive dividend yield for any Company. But the price performance is not too attractive to say the least. Company has never under performed during the time frame but has not given very good returns.

National Plastic Industries Ltd. My Opinion

National Plastic Industries Limited is in Plastics sector. Plastics sector has given good return in last one decade. Various house hold items which were created using Woods are gradually getting replaced with Plastics items.

This lead to surge in demand and Companies which captured the moment made money for investors and grew big. Nowadays there is growing awareness of not to use Plastics items but this has not lessened the demand.

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Demand will be there going forward as well. There are many companies listed in this sector. You should explore them before making a decision. National Plastics looks a stable Company which is growing slowly. The new product line will generate new revenue source and help stock price propel further.

I have also invested in Plastic sector company. So I will not be tracking it.In case you are interested then you can track the company by adding it to your stock watch list. That way you can keep close eye on the Company.

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