Manufactures plastic moulded parts as a single reporting segment, with FY26 consolidated revenue of ₹375.04 crore and standalone revenue of ₹350.18 crore. The standalone Indian business accounts for the bulk of the topline, while wholly-owned US subsidiary Bright Brothers LLC (Delaware) and step-down subsidiary Sintex Logistics LLC (Wisconsin) together contribute the balance. Consolidated revenue grew about 11.7% in FY26, helped by faster growth at the US subsidiaries, but consolidated net profit fell roughly 30% to ₹5.92 crore as those US units swung to losses. Raw materials are the dominant cost, absorbing 64.3% of revenue, followed by other operating expenses at 18.5% and employee cost at 10.2%. The company is BSE-listed under the Plastic Products – Industrial classification and operates with a modest 7.67% EBITDA margin. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Plastic moulded parts (single segment) (100%). Single-segment, materials-heavy plastic moulded parts manufacturer with a small US subsidiary footprint
| ₹ crore · consolidated | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | 207 | 245 | 336 | 375 |
| EBITDA (ex other income) | 1 | 9 | 29 | 25 |
| margin % | 0.4 | 3.8 | 8.5 | 6.8 |
| Owners' profit | (4) | (5) | 8 | 0 |
| EPS, as reported (₹) | (6.66) | (8.39) | 14.95 | 10.42 |
| ROE % · ROCE % | (5.2) · (3.5) | (7.0) · 1.8 | 11.1 · 17.9 | 7.3 · 13.7 |
| Debt / equity (x) | 0.22 | 0.32 | 0.47 | 0.59 |
| Cash from operations | 0 | 9 | 11 | 12 |
| Capex | (19) | (13) | (11) | (14) |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 83 | 88 | 79 | 85 | 101 | 99 | 83 | 92 |
| Profit before tax | 3 | 4 | 2 | 2 | 3 | 3 | (1) | 2 |
| Net profit | 2 | 3 | 1 | 2 | 3 | 2 | (1) | 2 |
| EPS (₹) | 4.35 | 5.70 | 1.66 | 3.24 | 5.58 | 3.54 | 2.44 | 3.73 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| SUPREME INDUSTRIES LTD | 42,745 | 41.2 | 6.93 | 26.3 | 15.5 | 17.9 | 12.0 | 15.0 |
| ASTRAL LIMITED | 37,967 | 65.9 | 9.36 | 34.3 | 13.2 | 16.9 | 15.6 | 15.5 |
| GARWARE HI-TECH FILMS LTD | 16,077 | 41.5 | 6.05 | 31.9 | 12.7 | 16.4 | 16.5 | 30.3 |
| FINOLEX INDUSTRIES LTD | 9,504 | 15.4 | 1.53 | 11.1 | 9.6 | 11.8 | 3.5 | 20.6 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 26 Aug 2026 · Notice of 79th AGM on September 18, 2026 | compliance | minimal | — | — |
| 25 Aug 2026 · Bright Brothers 79th AGM notice and FY26 annual report | board shareholder meetings | low | — | — |
| 25 Aug 2026 · Notice of 79th AGM on Sept 18, 2026 with dividend and director re-appointments | board shareholder meetings | low | — | — |
| 12 Aug 2026 · Newspaper publication of Q1 FY27 unaudited financial results | compliance | minimal | — | — |
| 11 Aug 2026 · Q1 FY27 results up sharply YoY; subsidiary merger approved | results | high | — | — |
| 11 Aug 2026 · Q1 FY27 Results: Revenue up 37%, PAT up 50%; US subsidiary merger approved | results | high | — | — |
| 4 Aug 2026 · Board meeting on 11 Aug to approve Q1 FY26-27 results | results | low | — | — |
| 10 Jul 2026 · RTA confirms dematerialisation of securities for Q1 FY27 | compliance | minimal | — | — |
| 29 Jun 2026 · Trading window closure from 1 July 2026 ahead of Q1 results | compliance | minimal | — | — |
| 24 Jun 2026 · SEBI physical share transfer re-lodgement window notice published | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| TIME TECHNOPLAST LTD. |
| 8,934 |
| 17.6 |
| 2.14 |
| 10.0 |
| 11.4 |
| 14.0 |
| 15.2 |
| 13.3 |
| KINGFA SCI & TEC IND LTD. | 8,422 | 37.3 | 6.02 | — | 13.2 | 17.7 | — | 16.9 |
| PRINCE PIPES FITTINGS LTD | 2,950 | 28.9 | 1.79 | — | 4.5 | 5.6 | — | 13.3 |
| APOLLO PIPES LIMITED | 2,444 | — | 2.74 | 32.3 | 0.5 | 1.0 | — | 1.8 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 16.7 | 15.2 | 31 of 54 | 43% |
| P/B | 1.8 | 1.8 | 21 of 43 | 50% |
| ROCE | 5.8 | 7.1 | 32 of 57 | 45% |
| ROE | 7.3 | 7.6 | 26 of 48 | 47% |
| Debt / Equity | 0.6 | 0.1 | 39 of 48 | 19% |
| EBITDA margin | 8.5 | 11.6 | 29 of 43 | 33% |
| Revenue growth | 7.2 | 10.6 | 29 of 49 | 42% |
| Profit growth | 15.4 | 20.7 | 27 of 47 | 44% |
| Market cap | 145 | 130 | 27 of 56 | 53% |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
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