Solve Plastic Products Ltd

About Solve Plastic Products Ltd

Bharat Aluminium Company Ltd (BALCO) is a premier Indian aluminium producer, a key subsidiary of Vedanta Ltd. It specializes in the integrated production of primary aluminium, alumina refining, and captive power generation, supplying various aluminium products like ingots, billets, and wire rods to industrial clients. Please note: The company details provided are for BALCO (Bharat Aluminium Company Ltd), as the ticker 'BALCO' is not associated with 'Solve Plastic Products Ltd' and operates in the Metals & Mining sector, not Capital Goods/Plastic Products.

Key Financial Ratios

• P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Solve Plastic Products Ltd's P/E ratio (TTM) is -4.12, compared to the industry median of 29.52 and large cap median of 29.52.

• P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Solve Plastic Products Ltd's P/B ratio is 0.96, compared to the industry median of 2.44 and large cap median of 2.44.

• P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Solve Plastic Products Ltd's P/S ratio is 0.24, compared to the industry median of 1.94 and large cap median of 1.94.

• PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Solve Plastic Products Ltd's PEG ratio is N/A (Unlisted Company).

• EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Solve Plastic Products Ltd's EV/EBITDA ratio is -2.82.

• Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Solve Plastic Products Ltd's ROE is 4.22%.

• Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Solve Plastic Products Ltd's ROA is 6.99%.

• Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Solve Plastic Products Ltd's ROCE is 7.89%.

• Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Solve Plastic Products Ltd's operating margin is 4.52%.

• Net Margin: Net margin shows what percentage of revenue converts into final net profit. Solve Plastic Products Ltd's net margin is 0.97%.

• Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Solve Plastic Products Ltd's current ratio is 1.21.

• Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Solve Plastic Products Ltd's debt-to-equity ratio is 0.19.

• Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Solve Plastic Products Ltd's interest coverage ratio is 1.56.

• Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Solve Plastic Products Ltd's DPS is ₹0.

• Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Solve Plastic Products Ltd's EPS is -109.21.

(Source line: "Ratios as of 15 Jun 2026, based on last traded price of ₹22.85. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")

Key Facts

• Founded: 1965
• Headquarters: Korba, Chhattisgarh
• Core Offerings: Primary Aluminium, Aluminium Ingots, Aluminium Billets, Aluminium Wire Rods
• Stock Listing: NSE (BALCO), BSE ({bse})
• Promoter: Vedanta Group (51% stake held by Vedanta Ltd; 49% by Government of India)

History of Solve Plastic Products Ltd

BALCO was incorporated in 1965 as a Public Sector Undertaking (PSU) under the Ministry of Mines, Government of India, to establish and operate aluminium production facilities. Its integrated aluminium complex at Korba, Chhattisgarh, became a significant operational hub. In 2001, BALCO underwent privatization, with Sterlite Industries (now Vedanta Ltd) acquiring a 51% controlling stake. Since then, it has operated as a crucial asset within the Vedanta Group's metals portfolio, focusing on capacity expansion, operational efficiency, and technological advancements in aluminium production.

Business Segments and Revenue Mix

• Alumina Refining: Processes bauxite ore to produce alumina, the primary raw material for aluminium smelting. This segment ensures a consistent supply of high-quality alumina for its operations.
• Aluminium Smelting: Utilizes the Hall-Héroult process in its smelters to convert alumina into primary aluminium. BALCO operates advanced potlines for efficient and high-volume production.
• Captive Power Generation: Operates thermal power plants to meet its substantial power requirements for the energy-intensive smelting process, ensuring cost-effective and reliable electricity supply.

Key Personnel

Abhijit Pati - Chief Executive Officer & Director. Mr. Pati has over three decades of experience in the metal industry, holding various leadership positions across large-scale manufacturing operations.

Subsidiaries and Associate Companies

No major subsidiaries reported. BALCO itself is a subsidiary of Vedanta Ltd.

Corporate Actions

As an unlisted subsidiary, BALCO does not have public corporate actions like bonus issues, rights issues, or major M&A history on public stock exchanges.

References

1. Vedanta Ltd. Annual Reports 2. Vedanta Ltd. Exchange Filings (NSE/BSE) 3. BALCO Company Website