MPL Plastics Share Price

MPL Plastics Limited is a micro‑cap company that was formerly engaged in the manufacturing and sale of thermoware products. Headquartered in Mumbai, Maharashtra, the company was formerly known as Milton Plastics Limited before changing its name to MPL Plastics Limited in November 2014. The MPL Plastics share price on the NSE and BSE is a reflection of how market participants respond to a performance and broader business developments within its industry. It captures the company’s sentiment of the investors based on financial results, operational updates, macroeconomic factors, and trends specific to sectors. Movements in the share price͏ reveal how the market evaluates the company’s current position and its future prospects, making ͏it a key indicator of market perception across various industries. 

Market sentiment around the MPL Plastics stock price often mirrors shifts in speculative interest in penny stocks and the perception that the company may be a potential takeover target due to its listing status. Factors such as any news regarding management changes, board meetings, or potential business diversification influence near‑term valuation. All these factors must be closely monitored to have an idea about the MPL Plastics share price movements. 

The MPL Plastics live share price provides real‑time information about the last price traded, bid price, ask price, and volume traded. Constant monitoring of MPL Plastics live price helps observe short‑term price fluctuations. Furthermore, monitoring the MPL Plastics share price today helps investors understand real‑time market sentiment, price volatility, and trading behaviour. The MPL Plastics stock price is influenced by the company’s lack of operations, making it a speculative trading vehicle. MPL Plastics share price movements are closely tied to micro‑cap sentiment. MPL Plastics share price has been in a downtrend, reflecting weak fundamentals. 

MPL Plastics Limited Company Fundamentals 

A. Company Background

MPL Plastics Limited was incorporated as a partnership firm in 1972. The company’s registered office is located in Mumbai, Maharashtra, India. It was converted into a public limited company on May 1st, 1992, and was formerly known as Milton Plastics Limited. The company changed its name to MPL Plastics Limited in November 2014. The company was engaged in the manufacture and sale of thermoware products, including tableware, kitchenware, plastic household articles, vacuum flasks, and plastic automobile parts. However, the company has now ceased its manufacturing operations, and currently, the company has no significant operational activity, with its revenue being consistently reported at ₹0 for several quarters. Its operations remain closed, and the company is only generating some income from other sources. The company is listed on the Bombay Stock Exchange (BSE) under the scrip code 526143 and also trades on the NSE under the symbol MILTONPLAS. 

B. Product Lines 

• Plastic tableware and kitchenware (historical operations) 

• Plastic household articles 

• Vacuum flasks 

• Plastic automobile parts 

C. Company Revenue Model 

• Currently, the company has no revenue from its core business operations. 

• Revenue is primarily generated from other income sources, such as interest or miscellaneous receipts. 

• Volume‑driven revenue model not applicable. 

• Income from trading of any remaining inventory. 

• The company is currently non‑operational, with the potential to generate revenue only if it restarts operations or is acquired. 

• Government policy changes on plastic manufacturing influencing any potential future revenue stability. 

D. Geographic Presence 

• Headquartered in Mumbai, Maharashtra, India. 

• Operations were historically focused on the domestic Indian market. 

• No significant international presence reported. 

E. Key Milestones 

• 1972 – Founded as a partnership firm. 

• 1992 – Converted into a public limited company on May 1st. 

• 2014 – Name changed from Milton Plastics Limited to MPL Plastics Limited. 

• Year – Ceased manufacturing operations. 

F. Industry Perspective

MPL Plastics currently operates in a state of suspended animation, but historically belonged to the plastic products industry. India’s plastic products market was valued at approximately USD 26.61 billion in 2025 and is forecast to reach USD 44.59 billion by 2030, growing at a CAGR of 10.88%. The plastic packaging market in India is projected to reach a valuation of USD 34 billion by 2030. The domestic plastic products sector is characterised by intense competition from both large organised players like Supreme Industries, Astral, and Finolex and a vast number of unorganised local manufacturers. The growth of the market is driven by strong expansion of industries like construction, automotive, and packaging. Key drivers include the government’s ‘Make in India’ and ‘Atmanirbhar Bharat’ initiatives, rising industrial activity, and growing packaging requirements. Challenges include volatile raw material (polymer) prices, environmental regulations (e.g., bans on single‑use plastics), and the need for technological upgrades. 

MPL Plastics Limited Stock Market Presence: Listings & Index Representation 

MPL Plastics is listed on the Bombay Stock Exchange (BSE) under the scrip code 526143 and is traded on the BSE under the ticker symbol MPL. The company is also listed on the National Stock Exchange (NSE) under the symbol MILTONPLAS. The ISIN for the company is INE678F01011. Its listing on both exchanges ensures that the MPL Plastics share price is accessible to a wide investor base. The company forms part of the BSE SmallCap index and the BSE AllCap index. Being part of the BSE SmallCap index provides a benchmark for investors to compare the company’s performance against other small‑cap companies in the plastic products sector. However, the company’s inclusion in major indices is limited, reflecting its micro‑cap status. 

MPL Plastics Limited Stock Performance and Share Price History 

The performance and share price history of MPL Plastics Limited are influenced by a mix of speculative trading, hopes of a revival, and a complete absence of operational revenue. A primary driver is the company’s status as a shell with no operations, as any positive news regarding potential business diversification or acquisition directly impacts the MPL Plastics share price. The MPL Plastics share price has shown extreme volatility, with sharp rallies during periods of positive announcements but also steep declines during phases of corporate inaction. The MPL Plastics share price reached a 52‑week high of ₹11.90 on the BSE and NSE and a 52‑week low of ₹5.28. The MPL Plastics share price delivered a 1‑year return of approximately -41.2%, significantly underperforming broader market indices. The MPL Plastics share price has shown a 3‑year return of -25.9%. The MPL Plastics share price delivered a 5‑year total return of 7.0%. The MPL Plastics share price recorded its strongest returns in 2021, delivering a positive annual return of 74.2%, while the subsequent period has seen the MPL Plastics share price moderate and correct from its peak levels. The MPL Plastics share price has shown a 10‑year aggregate net profit of ₹173.48 crore, which is historical, and a 10‑year CAGR of -11.2% based on the current price. 

The MPL Plastics stock price has been particularly responsive to any corporate announcements regarding board meetings or changes in management. The MPL Plastics stock price has shown a pattern of strong positive momentum when the company has hinted at revival plans. Corporate developments, including any strategic announcements, have also influenced short‑term fluctuations in the MPL Plastics share price. The MPL Plastics share price has shown a year‑to‑date return of -25.3%. The MPL Plastics share price reached its 52‑week high before declining to its 52‑week low, reflecting the volatility inherent in the micro‑cap space. Comprehending these patterns in the MPL Plastics share price is instrumental for investors seeking to contextualise long‑term performance trends, as the MPL Plastics stock price movements illustrate how speculative interest, corporate action cycles, and investor expectations converge in market pricing for revival‑story companies. 

The MPL Plastics share price has shown distinct seasonal patterns over the past decade. The best performing month historically was when the company reported a one-off profit in a quarter, leading to a temporary spike. In terms of annual performance, the MPL Plastics share price delivered its strongest annual return of 74.2% in 2021. The stock recorded negative annual returns in 2023 (-35.8%), 2024 (-25.7%), and in the previous year. The MPL Plastics share price has demonstrated that the stock tends to perform better in periods of high speculative interest in micro‑cap turnaround stories. 

MPL Plastics Limited Investor Relevance and Role in Portfolio 

MPL Plastics holds a negligible position for portfolio investors who seek exposure to the plastic products sector. The company’s lack of operational revenue and consistent losses make it unsuitable for serious portfolios. The MPL Plastics share price often mirrors how speculative themes resonate with high‑risk investor portfolios. 

Institutional stakeholders play a minimal role in MPL Plastics’ ownership profile. Promoters hold 24.00% stake as of recent quarters. Mutual funds hold 0% stake. Foreign Institutional Investors (FII) hold 0%, Domestic Institutional Investors (DII) hold 0%, and Insurance companies hold 0%. The retail public holds approximately 76% stake. Mutual fund holders include no major fund houses. 

Based on data, MPL Plastics exhibits varying levels of beta and volatility across different time horizons. The long‑term beta of MPL Plastics stands at 0.13, indicating that the stock is generally less volatile than the broader market over an extended period. On a daily basis, the beta values are not consistently reported, but the low trading volume can lead to sharp price swings on small trades. The MPL Plastics stock price has shown periods of heightened responsiveness to sector‑specific news. The MPL Plastics share price’s beta reflects that the company’s non‑operational status may provide some insulation from industry cycles, though the stock remains highly sensitive to speculative interest. The MPL Plastics share price has historically moved sharply on low volumes. 

MPL Plastics Limited Sectoral Relevance and Peer Positioning 

The sector relevance of MPL Plastics is minimal due to its non‑operational status. Competitors in the plastic products segment include companies such as Supreme Industries Ltd, Time Technoplast Ltd, Astral Ltd, Finolex Industries Ltd, and Shaily Engineering Plastics Ltd. Firms with parallels in operational scale are often referenced when evaluating relative performance. However, MPL Plastics is not a comparable player currently due to its dormant status. 

In valuation terms, factors like the MPL Plastics P/E ratio have shown extreme variations. The mean historical PE Ratio over the last few years is not applicable, as the company is incurring losses. The current P/E ratio is 0.00, reflecting that the company has no earnings. MPL Plastics earnings have been negative, with revenue of ₹0 crore and a net loss of ₹1 crore in the latest fiscal year. The MPL Plastics EPS has been negative. MPL Plastics market cap has fluctuated between approximately ₹8 crore and ₹15 crore over the past decade. This decrease mirrors the correction in the MPL Plastics share price. 

The MPL Plastics earnings over the past ten years have been characterised by a period of modest profits followed by losses. Net income showed a fluctuating trend, with reported net profit turning negative in recent years. The MPL Plastics share price has been influenced by these valuation metrics. The MPL Plastics stock price continues to be evaluated in the context of its revival potential rather than current fundamentals. The MPL Plastics share price remains speculative, driven more by sentiment than by underlying fundamentals. 

Summary 

MPL Plastics is a micro‑cap shell company listed on the BSE and NSE, where the MPL Plastics share price reflects speculative sentiment around revival hopes rather than any operational performance. Its inclusion in the BSE SmallCap index supports limited visibility, while investor interest is driven by turnaround hopes rather than fundamentals. Within the sector, the company’s competitive context and earnings dynamics provide limited perspective on its role in India’s plastic products industry.