All Time Plastics
Stock Snapshot
Price Performance
Vista Outlook
Basis of our Recommendation
All Time Plastics Limited's recent transition to a publicly listed entity marks a significant milestone, with management expressing cautious optimism about leveraging India's domestic growth despite global macroeconomic challenges. Key developments include the successful passing of raw material cost increases to customers, which supports Vista's revenue growth expectations, alongside strategic initiatives aimed at expanding the domestic business by 30-35% and diversifying into higher-margin segments. However, the company faces structural risks related to unhedged polymer input costs and geopolitical volatility, which could impact margins and operational stability. Vista's financial outlook reflects these dynamics, projecting long-term growth potential despite current headwinds, with a focus on disciplined capital allocation. The industry context, characterized by improving pricing power and resilient rural consumption, further supports the company's growth trajectory. Over the next 12-24 months, opportunities lie in scaling operations and capturing market share, while watchpoints include raw material price sensitivity and geopolitical uncertainties that could affect operational performance
Why We Like This Stock
- Successful passing of raw material cost increases to customers supports revenue growth
- Strategic focus on expanding the domestic business and diversifying into higher-margin segments
- Resilient demand architecture and operational cash flow provide a foundation for future growth
Things To Watch Out For
- Structural risks related to unhedged polymer input costs could pressure margins
- Geopolitical volatility may hinder capacity expansion and operational stability
- Cautious consumer sentiment and inflationary pressures could dampen overall demand
Key Parameters
Financial Snapshot
View Technicals Analysis →| Actuals | Forecast | ||||
|---|---|---|---|---|---|
| FY24 | FY25 | FY26 | FY27 | FY28 | |
| Revenue (Cr.) | 513 | 558 | 610 | 655 | 721 |
| Profit Before Tax (Cr.) | 60 | 64 | 52 | 55 | 60 |
| PBT Margin | 11.7% | 11.5% | 8.6% | 8.3% | 8.4% |
| Net Profit (Cr.) | 45 | 51 | 42 | 44 | 49 |
| Earnings Per Share | 6.9 | 7.8 | 6.4 | 6.7 | 7.4 |
Analyst Recommendations
No analyst recommendations available.
Company Overview
Show Company Profile
All Time Plastics Limited manufactures and sells plastic molded articles under the alltime brand name in India. The company offers chopping boards, strainers, mixing bowls, colander, measuring jugs, measuring cups and spoons, kitchen tools, spatula and spreader sets, orange squeezers; crisper containers, store fresh containers, lock and safe containers, bestow boxes, frostee containers, polka containers, prism round containers, prism square containers, food saver containers, canisters, twister containers, and other storage containers; crystal jars, smart storage boxes, secure storage boxes, and other organizers; hangers, teen hangers, smart hanger with loops, section hangers, and rotating hook hangers; tableware, salt and pepper shakers, ice cube trays, serving trays, fast food tray, and butter dishes; dish drainers, bins, dustpans, and drums; buckets, mugs, soap dishes, basins, bathroom stool, wash tubs, and satin products; joy plates, joy bowls, joy glasses, joy cutlery set, treats plate, treats bowl, treats glass, and treats cutlery sets. It also exports its products to the European Union, the United Kingdom, the United States, and internationally. The company was founded in 1964 and is based in Mumbai, India.