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Earnings Call Transcript

All Time Plastics Earnings Call Transcript: Key Takeaways

Revenue grew 10.5% sequentially to 161 Cr despite raw material volatility from West Asia crises. Management is pivoting toward higher-margin US exports and sustainable bamboo products to offset cyclical domestic plastic volatility.

Guidance and delivery
Management target Revenue 15.0% FY27
Highlights
Revenue growth10.5% sequential revenue growth; 2% YoY growth reported for Q1FY27.
MarginsEBITDA margins compressed by 240 bps due to 40-50% raw material inflation.
Order bookFirm; 14 new injection molding machines ordered for incremental capacity.
Demand visibilityStrong visibility with firm customer forecasts and robust order book.
Management confidenceBalanced; optimistic on demand but cautious regarding geopolitical raw material volatility.

Growth

Q1FY27 revenue rose 10.5% QoQ and 2% YoY; polymer processing volume surged 25% QoQ.

Outlook

Targeting 75% capacity utilization for FY27 on 41,000 MT base with incremental bamboo revenue starting Q4.

Risks

Raw material costs spiked 40-50%; margin recovery hinges entirely on geopolitical stabilization and price pass-throughs.

Last quarter's promises, checked

Delivered

  • Guided 39,000 MT capacity → delivered 41,000 MT (= BEAT)
  • Guided Khatalwada expansion by Mar '26 → delivered completed (= BEAT)
  • Guided bamboo pilot shipments → delivered shipments completed (= BEAT)

Partly delivered

  • Guided 70-75% capacity utilization → delivered 73% weighted average (= PARTIAL)
  • Guided margin recovery in FY27 → delivered 240 bps EBITDA compression in Q1 (= PARTIAL)

Missed

  • Guided 8,000 MT Manekpur expansion → delivered 6,000 MT (= MISS)
Source

Earnings Call Transcript filed with BSE, NSE: ALLTIME. Summary written with AI assistance from the document.

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All Time Plastics Ltd: key numbers

Share price
₹201.01
Market cap
₹1,317 Cr
Revenue (annual)
₹610.5 Cr
Net profit (annual)
₹35.41 Cr
P/E (TTM)
38.4×Sector 45.9×
Promoter holding
70.15%+0.00% QoQ
FII holding
2.98%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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