The shares of the Micro-Cap company specializing in manufacturing plastic packaging solutions, including Flexible Intermediate Bulk Containers (FIBCs), small bags, and AD star bags, almost hit a 10 percent upper circuit following their results with a 130 percent rise in Profit.
With a market capitalization of 190.97 Crores on Wednesday, the shares of HCP Plastene Bulkpack Ltd jumped upto 9.7 percent, reaching a high of Rs. 179.00 compared to its previous close of Rs. 163.10.
What Happened
HCP Plastene Bulkpack Ltd, engaged in manufacturing plastic packaging solutions, including Flexible Intermediate Bulk Containers (FIBCs), small bags, and AD star bags, has announced its Q2 results as follows:
Its Revenue from operations rose by 69 percent YoY from Rs. 117 Crores in Q2FY25 to Rs. 198 Crores in Q2FY26, and it rose by 57 percent QoQ from Rs. 126 Crores in Q1FY26 to Rs. 198 Crores in Q2FY26.
Its Net Profit YoY rose by 130 percent from Rs. 2.17 Crores in Q2FY25 to Rs. 5.00 Crores in Q2FY26, and in QoQ it declined by 30 percent from Rs. 7.14 Crores in Q1FY26 to Rs. 5.00 Crores in Q2FY26. The earnings per share (EPS) for the quarterly period stood at Rs. 4.67, compared to Rs. 6.69 in the previous quarter.
The Board has approved an interim dividend of Rs. 1 per share on its 10,674,837 fully paid-up equity shares, totalling an aggregate dividend of Rs. 1,06,74,837 (One Crore Six Lakh Seventy-Four Thousand Eight Hundred Thirty-Seven only).
The stock’s P/E ratio is 13.2, which is lower than the industry average of 21.4, indicating it may be undervalued compared to peers. With a Return on Capital Employed (ROCE) of 13.2% and Return on Equity (ROE) of 17.7%, the company is generating solid returns on its investments, suggesting efficient financial performance.
Company Overview & Others
HCP Plastene Bulkpack Ltd. (formerly Gopala Polyplast Ltd.) is an Indian company that manufactures plastic packaging solutions, including Flexible Intermediate Bulk Containers (FIBCs), small bags, and woven labels. Incorporated in 1984 and headquartered in Ahmedabad, it serves industries like cement, sugar, food grains, and fertilizers, and it is a significant exporter of its products.
The company’s product portfolio includes a range of packaging solutions such as FIBCs (Flexible Intermediate Bulk Containers), AD star bags, BOPP laminated bags, PP woven bags and sacks, PP fabric, PP webbing, and woven labels, catering to diverse industries with durable and versatile products.
For the quarter ending on 30th September 2025, the total revenue stands at Rs. 197.03 crores for the Woven Sacks Division and Rs. 0.67 crores for the Label Division, totaling Rs. 197.70 crores. In comparison, for the quarter ending on 30th June 2025, the Woven Sacks Division generated Rs. 125.18 crores, while the Label Division brought in Rs. 0.56 crores, summing up to Rs. 125.74 crores.
Written by Sridhar J
Disclaimer

The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
