Polychem Ltd.
•₹ —-%
-
PROS
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 24.5%
- Company has delivered good sales growth of 19.9% CAGR over last 5 years
- Stock looks reasonably valued - P/E of 7.8 is below its historical median
- Company has a consistent dividend-paying track record
- Company generates healthy free cash flow
CONS
- A large part of profit comes from other income (74.4% of PBT)
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.34x)
- Though reporting repeated profits, the company pays out little dividend (8.0%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | SOLARINDS | 19650.00 | 89.29 | 177812.96 | 0.06 | 666.37 | 88.98 | 3668.20 | 70.26 | 38.16 | 27.91 |
| 2. | PIDILITIND | 1662.05 | 63.86 | 169161.84 | 1.29 | 8835.10 | 1202.86 | 45515.50 | 1112.74 | 32.38 | 26.28 |
| 3. | SRF | 2570.50 | 35.25 | 76196.00 | 0.35 | 758.87 | 75.53 | 5033.26 | 34.63 | 14.21 | 24.57 |
| 4. | FLUOROCHEM | 4678.85 | 83.57 | 51397.17 | 0.06 | 219.00 | 19.02 | 1588.00 | 23.97 | 10.02 | 26.83 |
| 5. | NAVINFLUOR | 8250.30 | 53.60 | 42324.05 | 0.18 | 243.31 | 107.67 | 1045.08 | 44.07 | 21.39 | 34.17 |
| 6. | GODREJIND | 1226.50 | 35.14 | 41314.78 | 0.00 | 523.36 | -27.85 | 5448.09 | 22.16 | 10.64 | 12.82 |
| 7. | DEEPAKNTR | 1749.95 | 30.47 | 23868.10 | 0.43 | 345.01 | 207.36 | 2577.60 | 36.39 | 11.58 | 20.96 |
| 8. | AETHER | 1634.55 | 92.24 | 21695.03 | 0.00 | 62.75 | 33.45 | 326.56 | 27.49 | 11.65 | 31.47 |
| 9. | ATUL | 6520.15 | 24.13 | 19196.47 | 0.46 | 253.93 | 91.85 | 1847.95 | 25.03 | 15.05 | 21.41 |
| 10. | AARTIIND | 521.50 | 35.62 | 18916.20 | 0.19 | 155.00 | 260.47 | 2387.00 | 42.42 | 6.39 | 16.00 |
| 11. | DEEPAKFERT | 1458.05 | 18.77 | 18468.08 | 0.69 | 490.04 | 100.95 | 3256.26 | 22.47 | 12.12 | 25.96 |
| 12. | POLYCHEM | 1882.15 | 5.72 | 76.05 | 1.06 | 0.72 | -85.25 | 12.13 | -4.85 | 70.76 | -0.31 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 9 | 8 | 9 | 10 | 8 | 3 | 6 | 6 | 8 | 5 | 5 | 7 | 7 | |
| 7 | 6 | 8 | 8 | 7 | 4 | 6 | 6 | 7 | 5 | 5 | 7 | 7 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 0 | 0 | 1 | 2 | 0 | 0 | 1 | 0 | 0 | 9 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2 | 2 | 2 | 2 | 2 | 0 | 1 | 1 | 2 | 1 | 1 | 9 | -0 | |
| Tax % | 20.92% | 21.76% | 22.73% | 21.29% | 19.63% | -5.41% | 10.00% | 13.24% | 19.20% | 15.25% | 16.49% | 25.50% | 142.86% |
| Net Profit | 1 | 1 | 2 | 2 | 2 | 0 | 1 | 1 | 2 | 0 | 1 | 7 | 0 |
| 30 | 33 | 38 | 48 | 43 | 10 | 16 | 14 | 45 | 12 | 20 | 174 | 0 | |
| Equity Capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 9
- 7
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 2
- Tax %
- 20.92%
- Net Profit
- 1
- 30
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 8
- 6
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 2
- Tax %
- 21.76%
- Net Profit
- 1
- 33
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 9
- 8
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 2
- Tax %
- 22.73%
- Net Profit
- 2
- 38
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 10
- 8
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 2
- Tax %
- 21.29%
- Net Profit
- 2
- 48
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 8
- 7
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 2
- Tax %
- 19.63%
- Net Profit
- 2
- 43
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 3
- 4
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- -5.41%
- Net Profit
- 0
- 10
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 6
- 6
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 10.00%
- Net Profit
- 1
- 16
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 6
- 6
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 13.24%
- Net Profit
- 1
- 14
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 8
- 7
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 2
- Tax %
- 19.20%
- Net Profit
- 2
- 45
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 5
- 5
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 15.25%
- Net Profit
- 0
- 12
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 5
- 5
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 16.49%
- Net Profit
- 1
- 20
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 7
- 7
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 0
- Depreciation
- 0
- 9
- Tax %
- 25.50%
- Net Profit
- 7
- 174
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 7
- 7
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- -0
- Tax %
- 142.86%
- Net Profit
- 0
- 0
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 14 | 16 | 19 | 23 | 11 | 20 | 35 | 37 | 24 | 27 | 24 | |
| 15 | 17 | 19 | 20 | 11 | 21 | 30 | 30 | 22 | 23 | 24 | |
| Operating Profit | 1 | 0 | 1 | 4 | 1 | 4 | 5 | 9 | 5 | 14 | — |
| OPM % | 6 | 1 | 5 | 16 | 8 | 18 | 15 | 23 | 20 | 52 | — |
| Other Income | 1 | 1 | 1 | 1 | 1 | 4 | 0 | 1 | 3 | 10 | 10 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 |
| 1 | -0 | 1 | 3 | 0 | 3 | 5 | 8 | 4 | 13 | 11 | |
| Tax % | -30 | -33 | 1 | 22 | -5 | -3 | 19 | 22 | 15 | 23 | 24 |
| Net Profit | 1 | -0 | 1 | 2 | 0 | 3 | 4 | 6 | 3 | 10 | 8 |
| EPS | 0 | 0 | 0 | 60 | 7 | 80 | 92 | 149 | 83 | 251 | — |
| Dividend Payout % | 12 | 0 | 15 | 21 | 0 | 4 | 22 | 20 | 24 | 8 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 21 | -3 | 17 | 60 | 7 | 80 | 92 | 149 | 83 | 251 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 21 | -3 | 17 | 60 | 7 | 80 | 92 | 149 | 83 | 251 | — |
Mar 2017
- 14
- 15
- Operating Profit
- 1
- OPM %
- 6
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- -30
- Net Profit
- 1
- EPS
- 0
- Dividend Payout %
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
Mar 2018
- 16
- 17
- Operating Profit
- 0
- OPM %
- 1
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- -0
- Tax %
- -33
- Net Profit
- -0
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -3
Mar 2019
- 19
- 19
- Operating Profit
- 1
- OPM %
- 5
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 1
- Net Profit
- 1
- EPS
- 0
- Dividend Payout %
- 15
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
Mar 2020
- 23
- 20
- Operating Profit
- 4
- OPM %
- 16
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 3
- Tax %
- 22
- Net Profit
- 2
- EPS
- 60
- Dividend Payout %
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 60
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 60
Mar 2021
- 11
- 11
- Operating Profit
- 1
- OPM %
- 8
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 0
- Tax %
- -5
- Net Profit
- 0
- EPS
- 7
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2022
- 20
- 21
- Operating Profit
- 4
- OPM %
- 18
- Other Income
- 4
- Interest
- 0
- Depreciation
- 0
- 3
- Tax %
- -3
- Net Profit
- 3
- EPS
- 80
- Dividend Payout %
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 80
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 80
Mar 2023
- 35
- 30
- Operating Profit
- 5
- OPM %
- 15
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 5
- Tax %
- 19
- Net Profit
- 4
- EPS
- 92
- Dividend Payout %
- 22
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 92
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 92
Mar 2024
- 37
- 30
- Operating Profit
- 9
- OPM %
- 23
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 8
- Tax %
- 22
- Net Profit
- 6
- EPS
- 149
- Dividend Payout %
- 20
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 149
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 149
Mar 2025
- 24
- 22
- Operating Profit
- 5
- OPM %
- 20
- Other Income
- 3
- Interest
- 0
- Depreciation
- 1
- 4
- Tax %
- 15
- Net Profit
- 3
- EPS
- 83
- Dividend Payout %
- 24
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 83
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 83
Mar 2026
- 27
- 23
- Operating Profit
- 14
- OPM %
- 52
- Other Income
- 10
- Interest
- 0
- Depreciation
- 1
- 13
- Tax %
- 23
- Net Profit
- 10
- EPS
- 251
- Dividend Payout %
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 251
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 251
TTM
- 24
- 24
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 0
- Depreciation
- 1
- 11
- Tax %
- 24
- Net Profit
- 8
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 8%
- 5 Years:
- 20%
- 3 Years:
- -8%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 37%
- 5 Years:
- 103%
- 3 Years:
- 40%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- 11%
- 5 Years:
- 17%
- 3 Years:
- 19%
- Last Year:
- 26%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| 17 | 17 | 18 | 20 | 20 | 23 | 26 | 31 | 34 | 43 | |
| Trade Payables | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 0 | 0 |
| 0 | 0 | 1 | 2 | 1 | 2 | 2 | 3 | 2 | 3 | |
| Total Liabilities | 19 | 19 | 20 | 23 | 22 | 26 | 30 | 35 | 37 | 46 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 0 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 1 | |
| 4 | 4 | 9 | 9 | 11 | 15 | 16 | 18 | 23 | 33 | |
| 2 | 2 | 2 | 2 | 2 | 2 | 4 | 5 | 5 | 4 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 2 | 3 | |
| Cash & Bank | 3 | 3 | 1 | 5 | 4 | 1 | 2 | 3 | 3 | 2 |
| 10 | 9 | 6 | 5 | 4 | 7 | 5 | 3 | 2 | 2 | |
| Total Assets | 19 | 19 | 20 | 23 | 22 | 26 | 30 | 35 | 37 | 46 |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Working Capital | 12 | 12 | 7 | 9 | 7 | 7 | 8 | 10 | 9 | 9 |
| Contingent Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book Value per Share | 434.13 | 427.16 | 443.81 | 499.26 | 494.68 | 573.59 | 661.24 | 789.23 | 840.89 | 1071.35 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Working Capital | 12 | 12 | 7 | 9 | 7 | 7 | 8 | 10 | 9 | 9 |
| Contingent Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book Value per Share | 434.13 | 427.16 | 443.81 | 499.26 | 494.68 | 573.59 | 661.24 | 789.23 | 840.89 | 1071.35 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- 17
- Trade Payables
- 1
- 0
- Total Liabilities
- 19
- 0
- 4
- 2
- 0
- Cash & Bank
- 3
- 10
- Total Assets
- 19
- Total Debt
- 0
- Net Working Capital
- 12
- Contingent Liabilities
- 0
- Book Value per Share
- 434.13
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 12
- Contingent Liabilities
- 0
- Book Value per Share
- 434.13
- Face Value
- 10.00
Mar 2018
- 17
- Trade Payables
- 1
- 0
- Total Liabilities
- 19
- 1
- 4
- 2
- 0
- Cash & Bank
- 3
- 9
- Total Assets
- 19
- Total Debt
- 0
- Net Working Capital
- 12
- Contingent Liabilities
- 0
- Book Value per Share
- 427.16
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 12
- Contingent Liabilities
- 0
- Book Value per Share
- 427.16
- Face Value
- 10.00
Mar 2019
- 18
- Trade Payables
- 1
- 1
- Total Liabilities
- 20
- 1
- 9
- 2
- 0
- Cash & Bank
- 1
- 6
- Total Assets
- 20
- Total Debt
- 0
- Net Working Capital
- 7
- Contingent Liabilities
- 0
- Book Value per Share
- 443.81
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 7
- Contingent Liabilities
- 0
- Book Value per Share
- 443.81
- Face Value
- 10.00
Mar 2020
- 20
- Trade Payables
- 1
- 2
- Total Liabilities
- 23
- 1
- 9
- 2
- 0
- Cash & Bank
- 5
- 5
- Total Assets
- 23
- Total Debt
- 0
- Net Working Capital
- 9
- Contingent Liabilities
- 0
- Book Value per Share
- 499.26
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 9
- Contingent Liabilities
- 0
- Book Value per Share
- 499.26
- Face Value
- 10.00
Mar 2021
- 20
- Trade Payables
- 1
- 1
- Total Liabilities
- 22
- 1
- 11
- 2
- 0
- Cash & Bank
- 4
- 4
- Total Assets
- 22
- Total Debt
- 0
- Net Working Capital
- 7
- Contingent Liabilities
- 0
- Book Value per Share
- 494.68
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 7
- Contingent Liabilities
- 0
- Book Value per Share
- 494.68
- Face Value
- 10.00
Mar 2022
- 23
- Trade Payables
- 2
- 2
- Total Liabilities
- 26
- 1
- 15
- 2
- 0
- Cash & Bank
- 1
- 7
- Total Assets
- 26
- Total Debt
- 0
- Net Working Capital
- 7
- Contingent Liabilities
- 0
- Book Value per Share
- 573.59
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 7
- Contingent Liabilities
- 0
- Book Value per Share
- 573.59
- Face Value
- 10.00
Mar 2023
- 26
- Trade Payables
- 1
- 2
- Total Liabilities
- 30
- 2
- 16
- 4
- 0
- Cash & Bank
- 2
- 5
- Total Assets
- 30
- Total Debt
- 0
- Net Working Capital
- 8
- Contingent Liabilities
- 0
- Book Value per Share
- 661.24
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 8
- Contingent Liabilities
- 0
- Book Value per Share
- 661.24
- Face Value
- 10.00
Mar 2024
- 31
- Trade Payables
- 1
- 3
- Total Liabilities
- 35
- 2
- 18
- 5
- 4
- Cash & Bank
- 3
- 3
- Total Assets
- 35
- Total Debt
- 0
- Net Working Capital
- 10
- Contingent Liabilities
- 0
- Book Value per Share
- 789.23
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 10
- Contingent Liabilities
- 0
- Book Value per Share
- 789.23
- Face Value
- 10.00
Mar 2025
- 34
- Trade Payables
- 0
- 2
- Total Liabilities
- 37
- 2
- 23
- 5
- 2
- Cash & Bank
- 3
- 2
- Total Assets
- 37
- Total Debt
- 0
- Net Working Capital
- 9
- Contingent Liabilities
- 0
- Book Value per Share
- 840.89
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 9
- Contingent Liabilities
- 0
- Book Value per Share
- 840.89
- Face Value
- 10.00
Mar 2026
- 43
- Trade Payables
- 0
- 3
- Total Liabilities
- 46
- 1
- 33
- 4
- 3
- Cash & Bank
- 2
- 2
- Total Assets
- 46
- Total Debt
- 0
- Net Working Capital
- 9
- Contingent Liabilities
- 0
- Book Value per Share
- 1071.35
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 9
- Contingent Liabilities
- 0
- Book Value per Share
- 1071.35
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0 | -1 | -1 | 3 | 1 | -2 | 4 | 4 | 2 | 1 | |
| Cash from Investing | 0 | 1 | 0 | -1 | 1 | -0 | -3 | -2 | -1 | -0 |
| Cash from Financing | -0 | -0 | -0 | -0 | -1 | -0 | -0 | -1 | -1 | -1 |
| 0 | 0 | -1 | 2 | 1 | -3 | 1 | 0 | 0 | -1 | |
| Free Cash Flow | -0 | -1 | -2 | 2 | 1 | -2 | 3 | 3 | 2 | 1 |
| OCF / Net Profit | -0.16 | 6.15 | -1.36 | 1.16 | 2.58 | -0.72 | 1.21 | 0.66 | 0.63 | 0.06 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -0 | -3 | 1 | 5 | 5 | 5 |
| OCF / Net Profit | -0.16 | 6.15 | -1.36 | 1.16 | 2.58 | -0.72 | 1.21 | 0.66 | 0.63 | 0.06 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -0 | -3 | 1 | 5 | 5 | 5 |
Mar 2017
- -0
- Cash from Investing
- 0
- Cash from Financing
- -0
- 0
- Free Cash Flow
- -0
- OCF / Net Profit
- -0.16
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.16
- Cumulative 5-Year FCF
- 0
Mar 2018
- -1
- Cash from Investing
- 1
- Cash from Financing
- -0
- 0
- Free Cash Flow
- -1
- OCF / Net Profit
- 6.15
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 6.15
- Cumulative 5-Year FCF
- 0
Mar 2019
- -1
- Cash from Investing
- 0
- Cash from Financing
- -0
- -1
- Free Cash Flow
- -2
- OCF / Net Profit
- -1.36
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.36
- Cumulative 5-Year FCF
- 0
Mar 2020
- 3
- Cash from Investing
- -1
- Cash from Financing
- -0
- 2
- Free Cash Flow
- 2
- OCF / Net Profit
- 1.16
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.16
- Cumulative 5-Year FCF
- 0
Mar 2021
- 1
- Cash from Investing
- 1
- Cash from Financing
- -1
- 1
- Free Cash Flow
- 1
- OCF / Net Profit
- 2.58
- Cumulative 5-Year FCF
- -0
- OCF / Net Profit
- 2.58
- Cumulative 5-Year FCF
- -0
Mar 2022
- -2
- Cash from Investing
- -0
- Cash from Financing
- -0
- -3
- Free Cash Flow
- -2
- OCF / Net Profit
- -0.72
- Cumulative 5-Year FCF
- -3
- OCF / Net Profit
- -0.72
- Cumulative 5-Year FCF
- -3
Mar 2023
- 4
- Cash from Investing
- -3
- Cash from Financing
- -0
- 1
- Free Cash Flow
- 3
- OCF / Net Profit
- 1.21
- Cumulative 5-Year FCF
- 1
- OCF / Net Profit
- 1.21
- Cumulative 5-Year FCF
- 1
Mar 2024
- 4
- Cash from Investing
- -2
- Cash from Financing
- -1
- 0
- Free Cash Flow
- 3
- OCF / Net Profit
- 0.66
- Cumulative 5-Year FCF
- 5
- OCF / Net Profit
- 0.66
- Cumulative 5-Year FCF
- 5
Mar 2025
- 2
- Cash from Investing
- -1
- Cash from Financing
- -1
- 0
- Free Cash Flow
- 2
- OCF / Net Profit
- 0.63
- Cumulative 5-Year FCF
- 5
- OCF / Net Profit
- 0.63
- Cumulative 5-Year FCF
- 5
Mar 2026
- 1
- Cash from Investing
- -0
- Cash from Financing
- -1
- -1
- Free Cash Flow
- 1
- OCF / Net Profit
- 0.06
- Cumulative 5-Year FCF
- 5
- OCF / Net Profit
- 0.06
- Cumulative 5-Year FCF
- 5
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 20.52 | -3.43 | 17.23 | 59.64 | 7.24 | 80.03 | 92.11 | 149.43 | 83.36 | 251.01 |
| Book Value (₹) | 434.13 | 427.16 | 443.81 | 499.26 | 494.68 | 573.59 | 661.24 | 789.23 | 840.89 | 1071.35 |
| Dividend per Share (₹) | 2.50 | 0.00 | 2.50 | 12.50 | 0.00 | 3.00 | 20.00 | 30.00 | 20.00 | 20.00 |
| Cash EPS (₹) | 24.91 | 1.32 | 21.67 | 72.26 | 19.93 | 91.73 | 105.67 | 169.83 | 103.38 | 267.32 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 5.04% | 0.56% | 4.65% | 15.86% | 7.88% | 17.92% | 15.03% | 19.85% | 7.29% | 15.25% |
| Net Margin % | 5.14% | -0.83% | 3.68% | 10.47% | 2.67% | 15.83% | 10.57% | 16.37% | 14.14% | 37.47% |
| ROE % | 4.88% | -0.80% | 3.96% | 12.65% | 1.46% | 14.98% | 14.92% | 20.60% | 10.23% | 26.25% |
| ROCE % | 3.74% | -0.56% | 3.98% | 16.48% | 1.74% | 14.77% | 19.02% | 26.67% | 12.28% | 34.43% |
| 4.54% | -0.73% | 3.60% | 11.34% | 1.30% | 13.32% | 13.18% | 18.59% | 9.37% | 24.42% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 54 | 61 | 67 | 62 | 115 | 80 | 49 | 36 | 49 | 36 |
| Inventory Days | 51 | 47 | 44 | 36 | 73 | 40 | 35 | 45 | 72 | 63 |
| Payable Days | 35 | 40 | 35 | 27 | 55 | 37 | 28 | 19 | 17 | 9 |
| 69 | 68 | 75 | 71 | 132 | 83 | 56 | 61 | 105 | 91 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Interest Coverage (x) | 0.00x | -16.59x | 0.00x | 100.61x | 4.97x | 59.02x | 32.79x | 74.06x | 39.45x | 156.09x |
| 8.44x | 7.36x | 5.02x | 4.86x | 4.61x | 3.00x | 3.51x | 5.25x | 4.44x | 6.23x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 13.92% | 13.07% | 16.22% | 21.65% | -52.46% | 86.72% | 72.43% | 4.68% | -35.41% | 13.63% |
| Operating Profit Growth % | 4.09% | -88.43% | 834.86% | 314.81% | -76.38% | 324.59% | 44.64% | 63.18% | -43.82% | 187.62% |
| Net Profit Growth % | 96.70% | -116.70% | 602.45% | 246.23% | -87.86% | 1005.40% | 15.10% | 62.22% | -44.22% | 201.13% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 62.22% | -44.22% | 201.13% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 16.17x | 22.26x | 7.81x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 3.06x | 2.21x | 1.83x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.24% | 1.08% | 1.02% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 10.96x | 14.89x | 5.54x |
Mar 2017
- EPS (₹)
- 20.52
- Book Value (₹)
- 434.13
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 24.91
- Operating Margin %
- 5.04%
- Net Margin %
- 5.14%
- ROE %
- 4.88%
- ROCE %
- 3.74%
- 4.54%
- Debtor Days
- 54
- Inventory Days
- 51
- Payable Days
- 35
- 69
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 0.00x
- 8.44x
- Revenue Growth %
- 13.92%
- Operating Profit Growth %
- 4.09%
- Net Profit Growth %
- 96.70%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- -3.43
- Book Value (₹)
- 427.16
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.32
- Operating Margin %
- 0.56%
- Net Margin %
- -0.83%
- ROE %
- -0.80%
- ROCE %
- -0.56%
- -0.73%
- Debtor Days
- 61
- Inventory Days
- 47
- Payable Days
- 40
- 68
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- -16.59x
- 7.36x
- Revenue Growth %
- 13.07%
- Operating Profit Growth %
- -88.43%
- Net Profit Growth %
- -116.70%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 17.23
- Book Value (₹)
- 443.81
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 21.67
- Operating Margin %
- 4.65%
- Net Margin %
- 3.68%
- ROE %
- 3.96%
- ROCE %
- 3.98%
- 3.60%
- Debtor Days
- 67
- Inventory Days
- 44
- Payable Days
- 35
- 75
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 0.00x
- 5.02x
- Revenue Growth %
- 16.22%
- Operating Profit Growth %
- 834.86%
- Net Profit Growth %
- 602.45%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 59.64
- Book Value (₹)
- 499.26
- Dividend per Share (₹)
- 12.50
- Cash EPS (₹)
- 72.26
- Operating Margin %
- 15.86%
- Net Margin %
- 10.47%
- ROE %
- 12.65%
- ROCE %
- 16.48%
- 11.34%
- Debtor Days
- 62
- Inventory Days
- 36
- Payable Days
- 27
- 71
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 100.61x
- 4.86x
- Revenue Growth %
- 21.65%
- Operating Profit Growth %
- 314.81%
- Net Profit Growth %
- 246.23%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 7.24
- Book Value (₹)
- 494.68
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 19.93
- Operating Margin %
- 7.88%
- Net Margin %
- 2.67%
- ROE %
- 1.46%
- ROCE %
- 1.74%
- 1.30%
- Debtor Days
- 115
- Inventory Days
- 73
- Payable Days
- 55
- 132
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 4.97x
- 4.61x
- Revenue Growth %
- -52.46%
- Operating Profit Growth %
- -76.38%
- Net Profit Growth %
- -87.86%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 80.03
- Book Value (₹)
- 573.59
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 91.73
- Operating Margin %
- 17.92%
- Net Margin %
- 15.83%
- ROE %
- 14.98%
- ROCE %
- 14.77%
- 13.32%
- Debtor Days
- 80
- Inventory Days
- 40
- Payable Days
- 37
- 83
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 59.02x
- 3.00x
- Revenue Growth %
- 86.72%
- Operating Profit Growth %
- 324.59%
- Net Profit Growth %
- 1005.40%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 92.11
- Book Value (₹)
- 661.24
- Dividend per Share (₹)
- 20.00
- Cash EPS (₹)
- 105.67
- Operating Margin %
- 15.03%
- Net Margin %
- 10.57%
- ROE %
- 14.92%
- ROCE %
- 19.02%
- 13.18%
- Debtor Days
- 49
- Inventory Days
- 35
- Payable Days
- 28
- 56
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 32.79x
- 3.51x
- Revenue Growth %
- 72.43%
- Operating Profit Growth %
- 44.64%
- Net Profit Growth %
- 15.10%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 149.43
- Book Value (₹)
- 789.23
- Dividend per Share (₹)
- 30.00
- Cash EPS (₹)
- 169.83
- Operating Margin %
- 19.85%
- Net Margin %
- 16.37%
- ROE %
- 20.60%
- ROCE %
- 26.67%
- 18.59%
- Debtor Days
- 36
- Inventory Days
- 45
- Payable Days
- 19
- 61
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 74.06x
- 5.25x
- Revenue Growth %
- 4.68%
- Operating Profit Growth %
- 63.18%
- Net Profit Growth %
- 62.22%
- 62.22%
- P/E (x)
- 16.17x
- P/B (x)
- 3.06x
- Dividend Yield %
- 1.24%
- 10.96x
Mar 2025
- EPS (₹)
- 83.36
- Book Value (₹)
- 840.89
- Dividend per Share (₹)
- 20.00
- Cash EPS (₹)
- 103.38
- Operating Margin %
- 7.29%
- Net Margin %
- 14.14%
- ROE %
- 10.23%
- ROCE %
- 12.28%
- 9.37%
- Debtor Days
- 49
- Inventory Days
- 72
- Payable Days
- 17
- 105
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 39.45x
- 4.44x
- Revenue Growth %
- -35.41%
- Operating Profit Growth %
- -43.82%
- Net Profit Growth %
- -44.22%
- -44.22%
- P/E (x)
- 22.26x
- P/B (x)
- 2.21x
- Dividend Yield %
- 1.08%
- 14.89x
Mar 2026
- EPS (₹)
- 251.01
- Book Value (₹)
- 1071.35
- Dividend per Share (₹)
- 20.00
- Cash EPS (₹)
- 267.32
- Operating Margin %
- 15.25%
- Net Margin %
- 37.47%
- ROE %
- 26.25%
- ROCE %
- 34.43%
- 24.42%
- Debtor Days
- 36
- Inventory Days
- 63
- Payable Days
- 9
- 91
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 156.09x
- 6.23x
- Revenue Growth %
- 13.63%
- Operating Profit Growth %
- 187.62%
- Net Profit Growth %
- 201.13%
- 201.13%
- P/E (x)
- 7.81x
- P/B (x)
- 1.83x
- Dividend Yield %
- 1.02%
- 5.54x
Documents
Announcements
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Annual Reports
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Credit Ratings
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Concalls
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