All Time Plastic (ALLTIME)

FairStock Score: 12/100 — RISKY

Score breakdown: P/E: 0/3 · ROCE: 1/2 · Growth: 1/2 · Dividend: 0/1

Key Financials

Strengths

• Low leverage with Debt/Equity of only 0.22
• Return on Capital Employed of 19.23% indicates decent capital efficiency
• Piotroski F-Score of 7/9 suggests solid fundamental health
• Promoter holding of 70.14% aligns management with minority shareholders
• Sales growth of 7.04% shows modest business expansion

Concerns

• P/E of 39.43 is very steep for profit growth of just 3.00%, with PEG at 7.85
• Zero dividend yield offers no income support to investors
• Latest quarterly net margin is under 6% on sales of ₹159 Cr and net profit of ₹9 Cr
• FairStock Score of 18/100 labels the stock as risky

AI Analysis

Let me apply the same yardstick I would use for any Indian business. At ₹226.35, All Time Plastic has a market cap of ₹1,541 Cr. I am being asked to pay a P/E of 39.43 for profit growth of just 3.00%. That gives a PEG of 7.85 — a price that assumes near-miraculous acceleration, not the 7.04% sales growth and 9 Cr quarterly profit seen recently. Benjamin Graham would say margin of safety is missing. Financially, the company is not distressed: debt-to-equity is only 0.22, ROCE is 19.23%, and the Piotroski F-Score of 7/9 suggests decent operational health. Promoter holding of 70.14% is a positive, aligning owners with public shareholders. But the zero dividend yield means patient investors get no cash while waiting for growth. Book value is ₹104.69, so I am paying 2.16 times the accounting net worth for a houseware business with thin net margins; latest quarter net profit of ₹9 Cr on sales of ₹159 Cr is under 6%. The 52-week range of ₹186 to ₹334.90 tells me this stock has already fallen sharply; my job is not to catch falling knives. With FairStock Score of only 18/100 and a risky label, the odds do not favour me. I would rather miss this opportunity than pay a rich price for mediocre growth. My circle of competence says a fair price for slow growth is well below today's quote. I need either a far lower price, or proof that margins and growth are genuinely inflecting upward, before I would commit capital. In this market, patience is a virtue; this is not a compounding machine at these numbers.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer