Solve Plastic
: BALCO · Plastic Products - Industrial
Limited coverage
We are not actively covering this company or have limited coverage today. Click to request coverage.
Snapshot
Unlock Solve Plastic's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Solve Plastic Products Ltd manufactures a diverse range of uPVC pipes, rigid PVC electrical conduits, fittings, and hoses for residential, commercial, and industrial applications. Operating under the BALCO brand, the company is recognised for its quality standards, including ISO 9001:2015 and ZED Gold certification.
Business Model
The company generates revenue through the manufacturing and sale of plastic piping and conduit solutions, leveraging its status as an ISI-certified producer. It serves various sectors by providing essential infrastructure components for electrical and plumbing systems.
- Certification:ZED Gold
- Incorporation Year:1994
Management Commentary
Management emphasises the company's commitment to quality and manufacturing excellence, highlighted by its recent achievement of ZED Gold certification from the Ministry of MSME. This recognition underscores their focus on sustainable and high-standard production processes.
Growth Outlook
Growth is expected to be driven by the company's established reputation for quality and its ability to meet stringent industrial standards. Continued demand for infrastructure and construction materials in India provides a stable foundation for market expansion.
Key Risks
- Raw Material Price Volatility. Fluctuations in the cost of PVC resin and other petrochemical derivatives can significantly impact profit margins.
- Competitive Intensity. The plastic products sector is highly fragmented with numerous unorganised players, leading to intense price competition.
- Regulatory Compliance. Changes in environmental regulations regarding plastic manufacturing and waste management could increase operational costs.
Start your research today
Unlock AI insights, financials, peers and live data on Solve Plastic and 5,000+ companies — free.
Peers · Plastic Products - Industrial
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Solve PlasticBALCO | ₹8 Cr | — | — | — | 4.5% | — | — | -33.0% |
Dhabriya Polywood LimitedDHABRIYA | ₹598 Cr | 19.83 | 11.91 | 14.4% | 21.2% | 28.1% | 34.1% | +43.8% |
Shish IndustriesSHISHIND | ₹438 Cr | 54.68 | 26.82 | 15.6% | 13.3% | 6.3% | 8.8% | +37.8% |
Captain PolyplasCPL | ₹384 Cr | 13.68 | 10.20 | 45.5% | 11.1% | 16.3% | 24.0% | -5.7% |
Candour TechtexCANDOUR | ₹157 Cr | 42.59 | 15.74 | -69.1% | 18.9% | 4.5% | 6.7% | -11.9% |
Jain Irrigation Systems LimitedJISLDVREQS | ₹41 Cr | 15.16 | 4.81 | 9.9% | 12.7% | 0.1% | 6.8% | -32.0% |
As of Mar 2026
Financials
Solve Plastic
: BALCO · Plastic Products - Industrial
Limited coverage
We are not actively covering this company or have limited coverage today. Click to request coverage.
Snapshot
Unlock Solve Plastic's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Solve Plastic Products Ltd manufactures a diverse range of uPVC pipes, rigid PVC electrical conduits, fittings, and hoses for residential, commercial, and industrial applications. Operating under the BALCO brand, the company is recognised for its quality standards, including ISO 9001:2015 and ZED Gold certification.
Business Model
The company generates revenue through the manufacturing and sale of plastic piping and conduit solutions, leveraging its status as an ISI-certified producer. It serves various sectors by providing essential infrastructure components for electrical and plumbing systems.
- Certification:ZED Gold
- Incorporation Year:1994
Management Commentary
Management emphasises the company's commitment to quality and manufacturing excellence, highlighted by its recent achievement of ZED Gold certification from the Ministry of MSME. This recognition underscores their focus on sustainable and high-standard production processes.
Growth Outlook
Growth is expected to be driven by the company's established reputation for quality and its ability to meet stringent industrial standards. Continued demand for infrastructure and construction materials in India provides a stable foundation for market expansion.
Key Risks
- Raw Material Price Volatility. Fluctuations in the cost of PVC resin and other petrochemical derivatives can significantly impact profit margins.
- Competitive Intensity. The plastic products sector is highly fragmented with numerous unorganised players, leading to intense price competition.
- Regulatory Compliance. Changes in environmental regulations regarding plastic manufacturing and waste management could increase operational costs.
Start your research today
Unlock AI insights, financials, peers and live data on Solve Plastic and 5,000+ companies — free.
Peers · Plastic Products - Industrial
As of Mar 2026