Prima Plastics share price target
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Prima Plastics Share Price Target 2026, 2027, 2030, 2040, 2050

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Prima Plastics is a well-known Indian company that makes plastic products, mainly plastic furniture like chairs, tables, stools, and baby chairs. The company is based in Mumbai and is known for making strong, simple, and long-lasting products under the “Prima” brand. Over time, it has also started making plastic crates, pallets, insulated boxes, and road safety items. It has seven modern factories in  Daman, Kerala, and Ongole, and also has factories in countries like Cameroon and Guatemala. The company sells its products across India and exports them to many other countries through a large network of dealers.

What is Prima Plastics Ltd NSE: PRIMAPLA?

Prima Plastics was established in 1993 in Daman, India, by the late Shri Manharlal V. Parekh. The company makes simple and useful plastic products for homes, offices, factories, and public places. Its products include plastic chairs and furniture, storage pallets, insulated boxes, crates, road safety items like cones and barriers, and waste bins. The company uses modern machines to make good-quality and long-lasting products. It has factories in India and some other countries, and it sells its products across India and to many other countries through a strong dealer network.

Prima Plastics Share Price Target

Prima Plastics Share Price Target 2026

In the beginning, it mostly made plastic furniture, especially chairs, which were strong, cheap, and useful for daily use. Over time, customers trusted the company because its products were of good quality and lasted a long time. As more people bought their products, it increased production increased, and they started making more types of products. The company has now been in business for more than 30 years, showing it is stable and reliable. In 2026, its share price target would be ₹186, as per stock market analysts.

According to stock market analysts, its share price would be between ₹94 to ₹186 in 2026.

YearMinimum Price (Rs)Maximum Price (Rs)
202694186
MonthMinimum Price  (Rs)Maximum Price (Rs)
January102129
February97142
March94148
April100153
May112157
June120162
July127166
August130172
September135175
October141177
November148180
December150186

Prima Plastics Share Price Target 2027

Its furniture is one of the main products. The company makes different types of chairs, stools, tables, and baby chairs for homes, offices, schools, hotels, and outdoor places. These products are light, strong, and easy to clean, which makes them good for daily use. The furniture is made to handle rough use and different weather. Because the designs are simple, comfortable, and long-lasting, its furniture is popular among customers who want furniture that is both cheap and durable. In 2027, its share price target would be ₹283, as per stock market analysts.

According to stock market analysts, its share price would be between ₹179 to ₹283 in 2027.

YearMinimum Price (Rs)Maximum Price (Rs)
2027179283
MonthMinimum Price  (Rs)Maximum Price (Rs)
January179190
February181200
March185211
April187224
May190230
June197237
July200242
August211248
September220252
October228257
November235266
December240283

Share Price Target 2028

It focuses on making products that are useful and last a long time. The company designs its plastic products so people can use them every day without breaking them. Extra care is taken to make sure products do not break easily and can hold weight safely. The plastic used is strong and of good quality, so the products last many years. The designs are simple, so people of all ages can use them easily. It has built a strong name among its customers by making products that last long and are easy to use. In 2028, its share price target would be ₹376, as per stock market analysts.

According to stock market analysts, its share price would be between ₹270 to ₹376 in 2028.

YearMinimum Price (Rs)Maximum Price (Rs)
2028270376

Share Price Target 2029

It also helps keep people safe by making road safety products. These include traffic cones, barriers, and other items used on roads, highways, construction sites, and events. These products guide vehicles, control traffic, and help prevent accidents. They are made from strong plastic that can handle heat, rain, and rough outdoor conditions. Road safety products from the company are used by local authorities, construction companies, and event organisers to protect both drivers and pedestrians. In 2029, its share price target would be ₹468, as per stock market analysts.

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According to stock market analysts, its share price would be between ₹358 to ₹468 in 2029.

YearMinimum Price (Rs)Maximum Price (Rs)
2029358468

Prima Plastics share price Target 2030

The company makes plastic dustbins and waste containers that are used in homes, offices, public places, and cities. These bins are strong, easy to move, and simple to clean. Many city programs and cleanliness drives use these products to handle waste properly. Making reliable waste management products, it helps keep the surroundings clean and improves hygiene in cities and towns. In 2030, its share price target would be ₹556, as per stock market analysts.

According to stock market analysts, its share price would be between ₹457 to ₹556 in 2030.

YearMinimum Price (Rs)Maximum Price (Rs)
2030457556
MonthMinimum Price  (Rs)Maximum Price (Rs)
January457487
February468500
March472507
April477512
May480520
June482527
July485530
August488534
September492537
October495540
November499548
December511556

Share Price Target 2040

It started exporting its products a few years after it was founded and has built a strong export business. The company sells plastic products to more than 20 countries. Its products are used by homes, businesses, and government organisations in other countries. Exporting helps the company grow, earn more money, and become known internationally. Good quality and fair prices have made the company’s products popular in global markets. In 2040, its share price target would be ₹1062, as per stock market analysts.

According to stock market analysts, its share price would be between ₹946 to ₹1062 in 2040.

YearMinimum Price (Rs)Maximum Price (Rs)
20409461062
MonthMinimum Price  (Rs)Maximum Price (Rs)
January946988
February9571002
March9631010
April9671017
May9721024
June9781030
July9901037
August10111042
September10201048
October10251053
November10271055
December10301062

Share Price Target 2050

It has made a strong network of distributors and dealers, so its products are easy to get everywhere. The company works with hundreds of distributors and thousands of dealers in different areas. This system helps products reach customers in cities, towns, and villages quickly. Distributors supply products in bulk, while dealers sell them locally. A good distribution system helps the company keep customers happy and maintain steady sales growth. In 2050, its share price target would be ₹1668, as per stock market analysts.

According to stock market analysts, its share price would be between ₹1543 to ₹1668 in 2050.

YearMinimum Price (Rs)Maximum Price (Rs)
205015431668
MonthMinimum Price  (Rs)Maximum Price (Rs)
January15431578
February15471590
March15501599
April15571610
May15631620
June15671627
July15701632
August15771645
September15821655
October15881660
November15931662
December16001668

Should I buy Prima Plastics stock?

YearMinimum Price (Rs)Maximum Price (Rs)
202694186
2027179283
2028270376
2029358468
2030457556
20409461062
205015431668

It could be a good option if you want to invest for a long time. It is a well-known company that makes plastic furniture, industrial items, road safety products, and waste bins, and it also sells products to other countries. The company earns profit and has been running successfully for many years. But it is a small company, its growth is slow, and the stock price can go up and down.

Prima Plastics earnings results

Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales +127119148192184194206
Expenses +114104137166154171182
Operating Profit13151125302224
OPM %10%12%7%13%16%12%12%
Other Income +6108681212
Interest2125444
Depreciation5557777
Profit before tax12181120282425
Tax %13%16%14%15%18%23%
Net Profit +1015917231818
EPS in Rs9.1913.637.8814.4819.8215.6415.34
Dividend Payout %11%11%0%10%10%13%

Key Metrics

TTM PE RatioPB RatioDividend YieldSector PESector PBSector Div Yld
7.420.671.76%40.265.710.69%

Peers & Comparison

StockPE RatioPB RatioDividend Yield
Prima Plastics Ltd7.280.671.76%
Borosil Renewables Ltd-101.627.07
Hawkins Cookers Ltd35.1410.511.71%
Borosil Ltd39.793.66

Is Prima Plastics stock good to buy? (bull case & bear case)

Prima Plastics share price target

Bull Case:

  • The company made revenue of about ₹194 crore in FY 2025, which shows it earns good money from selling plastic products.
  • It earned a profit after tax of around ₹18.24 crore in FY 2025, meaning it makes real profit from its business.
  • In the latest quarter, it reported revenue of ₹50.99 crore, which is higher than last year, showing demand for its products is still strong.
  • The company had a net profit of about ₹3.05 crore in the latest quarter, showing it can make a profit even in a small period.
  • The net profit margin in the latest quarter was about 5.98 %, indicating it keeps some of the profit from the money it earns.
  • It sells products to more than 20 countries, which helps it earn money from customers outside India too.
  • The company has 7 modern factories around the world, which help it make different products and serve more markets.

Bear Case:

  • In the latest quarter, the net profit margin fell, which means it kept less profit from its revenue compared to before, showing some risk.
  • In some quarters, net profit dropped sharply (over 40 % drop) even when sales went up, showing that profit can change a lot.
  • The company’s stock price has fallen about 23 % in the last 12 months, showing uncertainty among investors.

Conclusion

It is a popular company that makes plastic furniture, industrial items, road safety products, and waste bins, and sells them in India and other countries. It has modern factories and a good network to reach customers. The company is stable and earns steady profits, but it is small, so growth is slow, and the stock price can go up and down. Overall, it can be a good long-term investment for people who want a reliable company with products sold in India and abroad, but it still has some risk.

FAQs

Revenue in FY 2025 was about ₹194 crore.

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The company earned a net profit of around ₹18.24 crore.

Its P/E ratio is ~7.5 as of January 2026.

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