Polyplex Corporation Ltd.
•₹ 1,194.11.98%
2026-08-21
PROS
- Latest quarter profit grew 386.0% YoY, showing strong momentum
- Company has consistently been profitable over the last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 2.95x)
- Stock looks reasonably valued - P/E of 23.7 is below its historical median
- Company has a consistent dividend-paying track record
- Institutional investors have been accumulating - FII+DII up 3.1pp
CONS
- A large part of profit comes from other income (429.6% of PBT)
- Company has a low return on capital employed of 5.1%
- Company has a low return on equity of 4.4% over last 3 years
- Interest coverage is weak at 1.4x - earnings barely cover interest
- Company has delivered a poor profit growth of -45.6% over past five years
- Operating margins have contracted to 4.9% from 13.5%
* 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. | SUPREMEIND | 3610.50 | 44.42 | 45863.05 | 1.00 | 280.72 | 38.76 | 2717.66 | 4.16 | 21.49 | 17.33 |
| 2. | ASTRAL | 1539.00 | 71.84 | 41345.26 | 0.26 | 120.20 | 51.77 | 1578.00 | 15.93 | 19.95 | 14.65 |
| 3. | GRWRHITECH | 7048.15 | 42.22 | 16374.54 | 0.17 | 132.65 | 59.78 | 633.08 | 27.90 | 20.41 | 27.17 |
| 4. | SHAILY | 3367.75 | 87.61 | 15490.05 | 0.09 | 48.01 | 16.75 | 280.67 | 13.77 | 19.55 | 29.59 |
| 5. | FINPIPE | 158.20 | 15.95 | 9815.94 | 1.74 | 114.52 | 16.67 | 883.58 | -15.30 | 17.40 | 12.09 |
| 6. | TIMETECHNO | 190.90 | 19.24 | 9423.50 | 0.79 | 1178.60 | 1120.71 | 16927.10 | 1151.40 | 18.16 | 13.25 |
| 7. | KINGFA | 5772.15 | 0.00 | 7822.06 | 0.00 | 80.21 | 101.58 | 688.57 | 49.06 | 30.70 | 16.12 |
| 8. | RESPONIND | 156.70 | 41.24 | 4177.76 | 0.06 | 2.74 | -94.51 | 192.87 | -43.06 | 10.76 | 12.09 |
| 9. | POLYPLEX | 1174.35 | 23.74 | 3686.57 | 0.26 | 171.07 | 386.02 | 2253.62 | 29.62 | 1.51 | 13.15 |
| 10. | PRINCEPIPE | 283.05 | 0.00 | 3129.43 | 0.35 | 337.49 | 6900.41 | 6094.18 | 949.97 | 3.92 | 12.66 |
| 11. | NILKAMAL | 2030.70 | 24.31 | 3030.32 | 0.98 | 24.40 | 59.20 | 819.73 | -7.18 | 10.76 | 9.44 |
| 12. | DDEVPLSTIK | 280.20 | 0.00 | 2899.42 | 0.45 | 63.79 | 22.33 | 989.45 | 28.63 | 33.94 | 9.22 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,561 | 1,572 | 1,496 | 1,679 | 1,686 | 1,739 | 1,721 | 1,740 | 1,739 | 1,794 | 1,682 | 1,871 | 2,254 | |
| 1,499 | 1,451 | 1,446 | 1,582 | 1,522 | 1,548 | 1,600 | 1,676 | 1,739 | 1,692 | 1,577 | 1,783 | 2,068 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 12 | 24 | 45 | 17 | 26 | 100 | 107 | 18 | 30 | 23 | 27 | 62 | 25 |
| Interest | 12 | 10 | 10 | 10 | 13 | 11 | 12 | 11 | 14 | 13 | 13 | 13 | 17 |
| Depreciation | 75 | 75 | 75 | 82 | 70 | 79 | 76 | 76 | 86 | 89 | 94 | 94 | 94 |
| -13 | 59 | 8 | 21 | 107 | 202 | 142 | -6 | -71 | 23 | 25 | 43 | 211 | |
| Tax % | 19.58% | 18.40% | -101.53% | -48.46% | 9.57% | 18.75% | 25.73% | -54.19% | 15.28% | -42.80% | -18.58% | 11.58% | 18.79% |
| Net Profit | 0 | 0 | 0 | 0 | 97 | 164 | 105 | -9 | -60 | 34 | 30 | 38 | 171 |
| -1 | 9 | 1 | 3 | 17 | 28 | 18 | 3 | -6 | 8 | 5 | 8 | 3 | |
| Equity Capital | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 |
| 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 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 |
| 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
- 1,561
- 1,499
- Operating Profit
- —
- OPM %
- —
- Other Income
- 12
- Interest
- 12
- Depreciation
- 75
- -13
- Tax %
- 19.58%
- Net Profit
- 0
- -1
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 1,572
- 1,451
- Operating Profit
- —
- OPM %
- —
- Other Income
- 24
- Interest
- 10
- Depreciation
- 75
- 59
- Tax %
- 18.40%
- Net Profit
- 0
- 9
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 1,496
- 1,446
- Operating Profit
- —
- OPM %
- —
- Other Income
- 45
- Interest
- 10
- Depreciation
- 75
- 8
- Tax %
- -101.53%
- Net Profit
- 0
- 1
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 1,679
- 1,582
- Operating Profit
- —
- OPM %
- —
- Other Income
- 17
- Interest
- 10
- Depreciation
- 82
- 21
- Tax %
- -48.46%
- Net Profit
- 0
- 3
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 1,686
- 1,522
- Operating Profit
- —
- OPM %
- —
- Other Income
- 26
- Interest
- 13
- Depreciation
- 70
- 107
- Tax %
- 9.57%
- Net Profit
- 97
- 17
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,739
- 1,548
- Operating Profit
- —
- OPM %
- —
- Other Income
- 100
- Interest
- 11
- Depreciation
- 79
- 202
- Tax %
- 18.75%
- Net Profit
- 164
- 28
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1,721
- 1,600
- Operating Profit
- —
- OPM %
- —
- Other Income
- 107
- Interest
- 12
- Depreciation
- 76
- 142
- Tax %
- 25.73%
- Net Profit
- 105
- 18
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,740
- 1,676
- Operating Profit
- —
- OPM %
- —
- Other Income
- 18
- Interest
- 11
- Depreciation
- 76
- -6
- Tax %
- -54.19%
- Net Profit
- -9
- 3
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1,739
- 1,739
- Operating Profit
- —
- OPM %
- —
- Other Income
- 30
- Interest
- 14
- Depreciation
- 86
- -71
- Tax %
- 15.28%
- Net Profit
- -60
- -6
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,794
- 1,692
- Operating Profit
- —
- OPM %
- —
- Other Income
- 23
- Interest
- 13
- Depreciation
- 89
- 23
- Tax %
- -42.80%
- Net Profit
- 34
- 8
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 1,682
- 1,577
- Operating Profit
- —
- OPM %
- —
- Other Income
- 27
- Interest
- 13
- Depreciation
- 94
- 25
- Tax %
- -18.58%
- Net Profit
- 30
- 5
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1,871
- 1,783
- Operating Profit
- —
- OPM %
- —
- Other Income
- 62
- Interest
- 13
- Depreciation
- 94
- 43
- Tax %
- 11.58%
- Net Profit
- 38
- 8
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 2,254
- 2,068
- Operating Profit
- —
- OPM %
- —
- Other Income
- 25
- Interest
- 17
- Depreciation
- 94
- 211
- Tax %
- 18.79%
- Net Profit
- 171
- 3
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 31
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,201 | 3,572 | 4,570 | 4,487 | 4,918 | 6,624 | 7,652 | 6,307 | 6,885 | 7,086 | 7,601 | |
| 2,758 | 3,078 | 3,839 | 3,706 | 3,701 | 5,316 | 6,705 | 5,942 | 6,189 | 6,737 | 7,120 | |
| Operating Profit | 563 | 538 | 895 | 842 | 1,276 | 1,436 | 1,042 | 425 | 791 | 437 | — |
| OPM % | 18 | 15 | 20 | 19 | 26 | 22 | 14 | 7 | 11 | 6 | — |
| Other Income | 121 | 44 | 164 | 61 | 59 | 128 | 95 | 60 | 95 | 88 | 137 |
| Interest | 47 | 39 | 29 | 18 | 18 | 17 | 35 | 42 | 46 | 53 | 56 |
| Depreciation | 197 | 185 | 209 | 253 | 280 | 273 | 296 | 307 | 300 | 363 | 372 |
| 376 | 314 | 657 | 640 | 979 | 1,147 | 711 | 76 | 445 | 20 | 302 | |
| Tax % | 4 | 9 | 11 | 23 | 12 | 16 | 13 | -14 | 20 | -101 | 10 |
| Net Profit | 361 | 284 | 584 | 494 | 862 | 965 | 616 | 86 | 358 | 41 | 272 |
| EPS | 72 | 50 | 103 | 88 | 163 | 181 | 111 | 12 | 67 | 14 | — |
| Dividend Payout % | 10 | 80 | 49 | 19 | 101 | 57 | 79 | 25 | 20 | 21 | — |
| Minority Interest | -130 | -125 | -254 | -212 | -350 | -396 | -267 | -49 | -149 | 4 | -109 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 72 | 50 | 103 | 88 | 163 | 181 | 111 | 12 | 67 | 14 | — |
| Minority Interest | -130 | -125 | -254 | -212 | -350 | -396 | -267 | -49 | -149 | 4 | -109 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 72 | 50 | 103 | 88 | 163 | 181 | 111 | 12 | 67 | 14 | — |
Mar 2017
- 3,201
- 2,758
- Operating Profit
- 563
- OPM %
- 18
- Other Income
- 121
- Interest
- 47
- Depreciation
- 197
- 376
- Tax %
- 4
- Net Profit
- 361
- EPS
- 72
- Dividend Payout %
- 10
- Minority Interest
- -130
- Share of Associates
- 0
- Adjusted EPS
- 72
- Minority Interest
- -130
- Share of Associates
- 0
- Adjusted EPS
- 72
Mar 2018
- 3,572
- 3,078
- Operating Profit
- 538
- OPM %
- 15
- Other Income
- 44
- Interest
- 39
- Depreciation
- 185
- 314
- Tax %
- 9
- Net Profit
- 284
- EPS
- 50
- Dividend Payout %
- 80
- Minority Interest
- -125
- Share of Associates
- 0
- Adjusted EPS
- 50
- Minority Interest
- -125
- Share of Associates
- 0
- Adjusted EPS
- 50
Mar 2019
- 4,570
- 3,839
- Operating Profit
- 895
- OPM %
- 20
- Other Income
- 164
- Interest
- 29
- Depreciation
- 209
- 657
- Tax %
- 11
- Net Profit
- 584
- EPS
- 103
- Dividend Payout %
- 49
- Minority Interest
- -254
- Share of Associates
- 0
- Adjusted EPS
- 103
- Minority Interest
- -254
- Share of Associates
- 0
- Adjusted EPS
- 103
Mar 2020
- 4,487
- 3,706
- Operating Profit
- 842
- OPM %
- 19
- Other Income
- 61
- Interest
- 18
- Depreciation
- 253
- 640
- Tax %
- 23
- Net Profit
- 494
- EPS
- 88
- Dividend Payout %
- 19
- Minority Interest
- -212
- Share of Associates
- 0
- Adjusted EPS
- 88
- Minority Interest
- -212
- Share of Associates
- 0
- Adjusted EPS
- 88
Mar 2021
- 4,918
- 3,701
- Operating Profit
- 1,276
- OPM %
- 26
- Other Income
- 59
- Interest
- 18
- Depreciation
- 280
- 979
- Tax %
- 12
- Net Profit
- 862
- EPS
- 163
- Dividend Payout %
- 101
- Minority Interest
- -350
- Share of Associates
- 0
- Adjusted EPS
- 163
- Minority Interest
- -350
- Share of Associates
- 0
- Adjusted EPS
- 163
Mar 2022
- 6,624
- 5,316
- Operating Profit
- 1,436
- OPM %
- 22
- Other Income
- 128
- Interest
- 17
- Depreciation
- 273
- 1,147
- Tax %
- 16
- Net Profit
- 965
- EPS
- 181
- Dividend Payout %
- 57
- Minority Interest
- -396
- Share of Associates
- 0
- Adjusted EPS
- 181
- Minority Interest
- -396
- Share of Associates
- 0
- Adjusted EPS
- 181
Mar 2023
- 7,652
- 6,705
- Operating Profit
- 1,042
- OPM %
- 14
- Other Income
- 95
- Interest
- 35
- Depreciation
- 296
- 711
- Tax %
- 13
- Net Profit
- 616
- EPS
- 111
- Dividend Payout %
- 79
- Minority Interest
- -267
- Share of Associates
- 0
- Adjusted EPS
- 111
- Minority Interest
- -267
- Share of Associates
- 0
- Adjusted EPS
- 111
Mar 2024
- 6,307
- 5,942
- Operating Profit
- 425
- OPM %
- 7
- Other Income
- 60
- Interest
- 42
- Depreciation
- 307
- 76
- Tax %
- -14
- Net Profit
- 86
- EPS
- 12
- Dividend Payout %
- 25
- Minority Interest
- -49
- Share of Associates
- 0
- Adjusted EPS
- 12
- Minority Interest
- -49
- Share of Associates
- 0
- Adjusted EPS
- 12
Mar 2025
- 6,885
- 6,189
- Operating Profit
- 791
- OPM %
- 11
- Other Income
- 95
- Interest
- 46
- Depreciation
- 300
- 445
- Tax %
- 20
- Net Profit
- 358
- EPS
- 67
- Dividend Payout %
- 20
- Minority Interest
- -149
- Share of Associates
- 0
- Adjusted EPS
- 67
- Minority Interest
- -149
- Share of Associates
- 0
- Adjusted EPS
- 67
Mar 2026
- 7,086
- 6,737
- Operating Profit
- 437
- OPM %
- 6
- Other Income
- 88
- Interest
- 53
- Depreciation
- 363
- 20
- Tax %
- -101
- Net Profit
- 41
- EPS
- 14
- Dividend Payout %
- 21
- Minority Interest
- 4
- Share of Associates
- 0
- Adjusted EPS
- 14
- Minority Interest
- 4
- Share of Associates
- 0
- Adjusted EPS
- 14
TTM
- 7,601
- 7,120
- Operating Profit
- —
- OPM %
- —
- Other Income
- 137
- Interest
- 56
- Depreciation
- 372
- 302
- Tax %
- 10
- Net Profit
- 272
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- -109
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- -109
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 8%
- 5 Years:
- 8%
- 3 Years:
- -3%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 4%
- 5 Years:
- -39%
- 3 Years:
- -49%
STOCK PRICE CAGR
- 10 Years:
- 15%
- 5 Years:
- -5%
- 3 Years:
- 2%
- 1 Year:
- 11%
RETURN ON EQUITY
- 10 Years:
- 16%
- 5 Years:
- 12%
- 3 Years:
- 4%
- Last Year:
- 1%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 32 | 32 | 32 | 32 | 31 | 31 | 31 | 31 | 31 | 31 |
| 2,270 | 2,516 | 2,739 | 2,997 | 3,021 | 3,284 | 3,451 | 3,479 | 3,731 | 4,208 | |
| 399 | 608 | 540 | 327 | 325 | 461 | 414 | 301 | 430 | 684 | |
| Trade Payables | 256 | 267 | 235 | 240 | 335 | 509 | 465 | 538 | 508 | 626 |
| 1,372 | 1,434 | 1,694 | 2,294 | 2,651 | 3,169 | 3,037 | 3,033 | 3,254 | 3,295 | |
| Total Liabilities | 4,329 | 4,857 | 5,240 | 5,889 | 6,363 | 7,455 | 7,398 | 7,383 | 7,954 | 8,844 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 2,181 | 2,215 | 2,239 | 2,821 | 2,756 | 3,149 | 3,249 | 2,998 | 3,940 | 4,222 | |
| Capital Work in Progress | 10 | 8 | 181 | 30 | 325 | 126 | 196 | 628 | 36 | 70 |
| 100 | 133 | 123 | 233 | 288 | 276 | 275 | 374 | 340 | 348 | |
| 436 | 567 | 664 | 678 | 814 | 1,309 | 1,363 | 1,346 | 1,566 | 1,712 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 971 | 1,016 | 1,125 | |
| Cash & Bank | 385 | 781 | 784 | 961 | 952 | 906 | 980 | 706 | 730 | 825 |
| 1,217 | 1,153 | 1,249 | 1,166 | 1,228 | 1,690 | 1,335 | 360 | 325 | 542 | |
| Total Assets | 4,329 | 4,857 | 5,240 | 5,889 | 6,363 | 7,455 | 7,398 | 7,383 | 7,954 | 8,844 |
| Total Debt | 810 | 863 | 786 | 758 | 691 | 940 | 787 | 728 | 865 | 917 |
| Net Working Capital | 641 | 1,061 | 1,288 | 1,792 | 1,795 | 2,347 | 2,549 | 2,238 | 2,327 | 2,558 |
| Contingent Liabilities | 849 | 847 | 1,185 | 637 | 25 | 51 | 30 | 185 | 190 | 430 |
| Book Value per Share | 719.66 | 796.52 | 866.25 | 946.92 | 972.40 | 1056.25 | 1109.30 | 1118.28 | 1198.57 | 1350.43 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 810 | 863 | 786 | 758 | 691 | 940 | 787 | 728 | 865 | 917 |
| Net Working Capital | 641 | 1,061 | 1,288 | 1,792 | 1,795 | 2,347 | 2,549 | 2,238 | 2,327 | 2,558 |
| Contingent Liabilities | 849 | 847 | 1,185 | 637 | 25 | 51 | 30 | 185 | 190 | 430 |
| Book Value per Share | 719.66 | 796.52 | 866.25 | 946.92 | 972.40 | 1056.25 | 1109.30 | 1118.28 | 1198.57 | 1350.43 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2017
- Equity Capital
- 32
- 2,270
- 399
- Trade Payables
- 256
- 1,372
- Total Liabilities
- 4,329
- 2,181
- Capital Work in Progress
- 10
- 100
- 436
- 0
- Cash & Bank
- 385
- 1,217
- Total Assets
- 4,329
- Total Debt
- 810
- Net Working Capital
- 641
- Contingent Liabilities
- 849
- Book Value per Share
- 719.66
- Face Value
- 10.00
- Total Debt
- 810
- Net Working Capital
- 641
- Contingent Liabilities
- 849
- Book Value per Share
- 719.66
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 32
- 2,516
- 608
- Trade Payables
- 267
- 1,434
- Total Liabilities
- 4,857
- 2,215
- Capital Work in Progress
- 8
- 133
- 567
- 0
- Cash & Bank
- 781
- 1,153
- Total Assets
- 4,857
- Total Debt
- 863
- Net Working Capital
- 1,061
- Contingent Liabilities
- 847
- Book Value per Share
- 796.52
- Face Value
- 10.00
- Total Debt
- 863
- Net Working Capital
- 1,061
- Contingent Liabilities
- 847
- Book Value per Share
- 796.52
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 32
- 2,739
- 540
- Trade Payables
- 235
- 1,694
- Total Liabilities
- 5,240
- 2,239
- Capital Work in Progress
- 181
- 123
- 664
- 0
- Cash & Bank
- 784
- 1,249
- Total Assets
- 5,240
- Total Debt
- 786
- Net Working Capital
- 1,288
- Contingent Liabilities
- 1,185
- Book Value per Share
- 866.25
- Face Value
- 10.00
- Total Debt
- 786
- Net Working Capital
- 1,288
- Contingent Liabilities
- 1,185
- Book Value per Share
- 866.25
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 32
- 2,997
- 327
- Trade Payables
- 240
- 2,294
- Total Liabilities
- 5,889
- 2,821
- Capital Work in Progress
- 30
- 233
- 678
- 0
- Cash & Bank
- 961
- 1,166
- Total Assets
- 5,889
- Total Debt
- 758
- Net Working Capital
- 1,792
- Contingent Liabilities
- 637
- Book Value per Share
- 946.92
- Face Value
- 10.00
- Total Debt
- 758
- Net Working Capital
- 1,792
- Contingent Liabilities
- 637
- Book Value per Share
- 946.92
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 31
- 3,021
- 325
- Trade Payables
- 335
- 2,651
- Total Liabilities
- 6,363
- 2,756
- Capital Work in Progress
- 325
- 288
- 814
- 0
- Cash & Bank
- 952
- 1,228
- Total Assets
- 6,363
- Total Debt
- 691
- Net Working Capital
- 1,795
- Contingent Liabilities
- 25
- Book Value per Share
- 972.40
- Face Value
- 10.00
- Total Debt
- 691
- Net Working Capital
- 1,795
- Contingent Liabilities
- 25
- Book Value per Share
- 972.40
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 31
- 3,284
- 461
- Trade Payables
- 509
- 3,169
- Total Liabilities
- 7,455
- 3,149
- Capital Work in Progress
- 126
- 276
- 1,309
- 0
- Cash & Bank
- 906
- 1,690
- Total Assets
- 7,455
- Total Debt
- 940
- Net Working Capital
- 2,347
- Contingent Liabilities
- 51
- Book Value per Share
- 1056.25
- Face Value
- 10.00
- Total Debt
- 940
- Net Working Capital
- 2,347
- Contingent Liabilities
- 51
- Book Value per Share
- 1056.25
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 31
- 3,451
- 414
- Trade Payables
- 465
- 3,037
- Total Liabilities
- 7,398
- 3,249
- Capital Work in Progress
- 196
- 275
- 1,363
- 0
- Cash & Bank
- 980
- 1,335
- Total Assets
- 7,398
- Total Debt
- 787
- Net Working Capital
- 2,549
- Contingent Liabilities
- 30
- Book Value per Share
- 1109.30
- Face Value
- 10.00
- Total Debt
- 787
- Net Working Capital
- 2,549
- Contingent Liabilities
- 30
- Book Value per Share
- 1109.30
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 31
- 3,479
- 301
- Trade Payables
- 538
- 3,033
- Total Liabilities
- 7,383
- 2,998
- Capital Work in Progress
- 628
- 374
- 1,346
- 971
- Cash & Bank
- 706
- 360
- Total Assets
- 7,383
- Total Debt
- 728
- Net Working Capital
- 2,238
- Contingent Liabilities
- 185
- Book Value per Share
- 1118.28
- Face Value
- 10.00
- Total Debt
- 728
- Net Working Capital
- 2,238
- Contingent Liabilities
- 185
- Book Value per Share
- 1118.28
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 31
- 3,731
- 430
- Trade Payables
- 508
- 3,254
- Total Liabilities
- 7,954
- 3,940
- Capital Work in Progress
- 36
- 340
- 1,566
- 1,016
- Cash & Bank
- 730
- 325
- Total Assets
- 7,954
- Total Debt
- 865
- Net Working Capital
- 2,327
- Contingent Liabilities
- 190
- Book Value per Share
- 1198.57
- Face Value
- 10.00
- Total Debt
- 865
- Net Working Capital
- 2,327
- Contingent Liabilities
- 190
- Book Value per Share
- 1198.57
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 31
- 4,208
- 684
- Trade Payables
- 626
- 3,295
- Total Liabilities
- 8,844
- 4,222
- Capital Work in Progress
- 70
- 348
- 1,712
- 1,125
- Cash & Bank
- 825
- 542
- Total Assets
- 8,844
- Total Debt
- 917
- Net Working Capital
- 2,558
- Contingent Liabilities
- 430
- Book Value per Share
- 1350.43
- Face Value
- 10.00
- Total Debt
- 917
- Net Working Capital
- 2,558
- Contingent Liabilities
- 430
- Book Value per Share
- 1350.43
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 441 | 307 | 551 | 731 | 1,102 | 560 | 802 | 455 | 438 | 537 | |
| Cash from Investing | -144 | -126 | -296 | -405 | -436 | 1 | -115 | -796 | -473 | -509 |
| Cash from Financing | -436 | -42 | -312 | -298 | -660 | -232 | -657 | -152 | -38 | -133 |
| -138 | 139 | -57 | 28 | 7 | 329 | 30 | -493 | -73 | -105 | |
| Free Cash Flow | 441 | -31 | 125 | -44 | 600 | 121 | 208 | 54 | -318 | -492 |
| OCF / Net Profit | 1.22 | 1.08 | 0.94 | 1.48 | 1.28 | 0.58 | 1.30 | 5.27 | 1.22 | 13.12 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 1,091 | 771 | 1,011 | 939 | 665 | -427 |
| OCF / Net Profit | 1.22 | 1.08 | 0.94 | 1.48 | 1.28 | 0.58 | 1.30 | 5.27 | 1.22 | 13.12 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 1,091 | 771 | 1,011 | 939 | 665 | -427 |
Mar 2017
- 441
- Cash from Investing
- -144
- Cash from Financing
- -436
- -138
- Free Cash Flow
- 441
- OCF / Net Profit
- 1.22
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.22
- Cumulative 5-Year FCF
- 0
Mar 2018
- 307
- Cash from Investing
- -126
- Cash from Financing
- -42
- 139
- Free Cash Flow
- -31
- OCF / Net Profit
- 1.08
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.08
- Cumulative 5-Year FCF
- 0
Mar 2019
- 551
- Cash from Investing
- -296
- Cash from Financing
- -312
- -57
- Free Cash Flow
- 125
- OCF / Net Profit
- 0.94
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.94
- Cumulative 5-Year FCF
- 0
Mar 2020
- 731
- Cash from Investing
- -405
- Cash from Financing
- -298
- 28
- Free Cash Flow
- -44
- OCF / Net Profit
- 1.48
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.48
- Cumulative 5-Year FCF
- 0
Mar 2021
- 1,102
- Cash from Investing
- -436
- Cash from Financing
- -660
- 7
- Free Cash Flow
- 600
- OCF / Net Profit
- 1.28
- Cumulative 5-Year FCF
- 1,091
- OCF / Net Profit
- 1.28
- Cumulative 5-Year FCF
- 1,091
Mar 2022
- 560
- Cash from Investing
- 1
- Cash from Financing
- -232
- 329
- Free Cash Flow
- 121
- OCF / Net Profit
- 0.58
- Cumulative 5-Year FCF
- 771
- OCF / Net Profit
- 0.58
- Cumulative 5-Year FCF
- 771
Mar 2023
- 802
- Cash from Investing
- -115
- Cash from Financing
- -657
- 30
- Free Cash Flow
- 208
- OCF / Net Profit
- 1.30
- Cumulative 5-Year FCF
- 1,011
- OCF / Net Profit
- 1.30
- Cumulative 5-Year FCF
- 1,011
Mar 2024
- 455
- Cash from Investing
- -796
- Cash from Financing
- -152
- -493
- Free Cash Flow
- 54
- OCF / Net Profit
- 5.27
- Cumulative 5-Year FCF
- 939
- OCF / Net Profit
- 5.27
- Cumulative 5-Year FCF
- 939
Mar 2025
- 438
- Cash from Investing
- -473
- Cash from Financing
- -38
- -73
- Free Cash Flow
- -318
- OCF / Net Profit
- 1.22
- Cumulative 5-Year FCF
- 665
- OCF / Net Profit
- 1.22
- Cumulative 5-Year FCF
- 665
Mar 2026
- 537
- Cash from Investing
- -509
- Cash from Financing
- -133
- -105
- Free Cash Flow
- -492
- OCF / Net Profit
- 13.12
- Cumulative 5-Year FCF
- -427
- OCF / Net Profit
- 13.12
- Cumulative 5-Year FCF
- -427
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 72.44 | 49.85 | 103.18 | 88.18 | 163.03 | 181.19 | 110.97 | 12.05 | 66.64 | 14.32 |
| Book Value (₹) | 719.66 | 796.52 | 866.25 | 946.92 | 972.40 | 1056.25 | 1109.30 | 1118.28 | 1198.57 | 1350.43 |
| Dividend per Share (₹) | 7.00 | 40.00 | 51.00 | 17.00 | 164.00 | 104.00 | 88.00 | 3.00 | 13.50 | 3.00 |
| Cash EPS (₹) | 174.46 | 146.67 | 247.86 | 233.60 | 363.71 | 394.15 | 290.46 | 125.35 | 209.51 | 128.74 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 17.33% | 14.69% | 19.26% | 18.42% | 25.39% | 21.34% | 13.48% | 5.71% | 10.02% | 4.88% |
| Net Margin % | 11.12% | 7.75% | 12.56% | 10.80% | 17.15% | 14.34% | 7.96% | 1.35% | 5.15% | 0.57% |
| ROE % | 15.64% | 11.72% | 21.95% | 17.03% | 28.35% | 30.30% | 18.11% | 2.47% | 9.84% | 1.02% |
| ROCE % | 12.58% | 10.83% | 19.68% | 17.92% | 26.45% | 29.08% | 17.50% | 2.78% | 11.08% | 1.51% |
| 8.15% | 6.19% | 11.56% | 8.87% | 14.07% | 13.96% | 8.29% | 1.17% | 4.66% | 0.49% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 50 | 51 | 45 | 51 | 49 | 48 | 48 | 54 | 52 | 55 |
| Inventory Days | 47 | 50 | 48 | 54 | 54 | 58 | 63 | 77 | 76 | 84 |
| Payable Days | 45 | 47 | 35 | 37 | 47 | 45 | 39 | 47 | 47 | 50 |
| 53 | 53 | 59 | 68 | 56 | 60 | 72 | 84 | 82 | 88 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.35x | 0.34x | 0.28x | 0.25x | 0.23x | 0.28x | 0.23x | 0.21x | 0.23x | 0.22x |
| Interest Coverage (x) | 9.00x | 8.96x | 23.58x | 36.53x | 56.67x | 70.49x | 21.16x | 2.79x | 10.66x | 1.38x |
| 1.83x | 2.04x | 2.25x | 2.93x | 2.62x | 2.53x | 3.24x | 2.97x | 2.78x | 2.59x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -0.03% | 11.60% | 27.92% | -1.81% | 9.61% | 34.69% | 15.52% | -17.58% | 9.17% | 2.91% |
| Operating Profit Growth % | 45.66% | -4.46% | 66.24% | -5.90% | 51.51% | 12.54% | -27.41% | -59.19% | 86.03% | -44.79% |
| Net Profit Growth % | 2124.34% | -21.38% | 105.43% | -15.39% | 74.55% | 11.93% | -36.20% | -85.97% | 314.09% | -88.56% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -89.14% | 453.00% | -78.51% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 63.60x | 17.93x | 52.15x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.69x | 1.00x | 0.55x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.39% | 1.13% | 0.40% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 5.71x | 4.91x | 5.58x |
Mar 2017
- EPS (₹)
- 72.44
- Book Value (₹)
- 719.66
- Dividend per Share (₹)
- 7.00
- Cash EPS (₹)
- 174.46
- Operating Margin %
- 17.33%
- Net Margin %
- 11.12%
- ROE %
- 15.64%
- ROCE %
- 12.58%
- 8.15%
- Debtor Days
- 50
- Inventory Days
- 47
- Payable Days
- 45
- 53
- Debt to Equity (x)
- 0.35x
- Interest Coverage (x)
- 9.00x
- 1.83x
- Revenue Growth %
- -0.03%
- Operating Profit Growth %
- 45.66%
- Net Profit Growth %
- 2124.34%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 49.85
- Book Value (₹)
- 796.52
- Dividend per Share (₹)
- 40.00
- Cash EPS (₹)
- 146.67
- Operating Margin %
- 14.69%
- Net Margin %
- 7.75%
- ROE %
- 11.72%
- ROCE %
- 10.83%
- 6.19%
- Debtor Days
- 51
- Inventory Days
- 50
- Payable Days
- 47
- 53
- Debt to Equity (x)
- 0.34x
- Interest Coverage (x)
- 8.96x
- 2.04x
- Revenue Growth %
- 11.60%
- Operating Profit Growth %
- -4.46%
- Net Profit Growth %
- -21.38%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 103.18
- Book Value (₹)
- 866.25
- Dividend per Share (₹)
- 51.00
- Cash EPS (₹)
- 247.86
- Operating Margin %
- 19.26%
- Net Margin %
- 12.56%
- ROE %
- 21.95%
- ROCE %
- 19.68%
- 11.56%
- Debtor Days
- 45
- Inventory Days
- 48
- Payable Days
- 35
- 59
- Debt to Equity (x)
- 0.28x
- Interest Coverage (x)
- 23.58x
- 2.25x
- Revenue Growth %
- 27.92%
- Operating Profit Growth %
- 66.24%
- Net Profit Growth %
- 105.43%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 88.18
- Book Value (₹)
- 946.92
- Dividend per Share (₹)
- 17.00
- Cash EPS (₹)
- 233.60
- Operating Margin %
- 18.42%
- Net Margin %
- 10.80%
- ROE %
- 17.03%
- ROCE %
- 17.92%
- 8.87%
- Debtor Days
- 51
- Inventory Days
- 54
- Payable Days
- 37
- 68
- Debt to Equity (x)
- 0.25x
- Interest Coverage (x)
- 36.53x
- 2.93x
- Revenue Growth %
- -1.81%
- Operating Profit Growth %
- -5.90%
- Net Profit Growth %
- -15.39%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 163.03
- Book Value (₹)
- 972.40
- Dividend per Share (₹)
- 164.00
- Cash EPS (₹)
- 363.71
- Operating Margin %
- 25.39%
- Net Margin %
- 17.15%
- ROE %
- 28.35%
- ROCE %
- 26.45%
- 14.07%
- Debtor Days
- 49
- Inventory Days
- 54
- Payable Days
- 47
- 56
- Debt to Equity (x)
- 0.23x
- Interest Coverage (x)
- 56.67x
- 2.62x
- Revenue Growth %
- 9.61%
- Operating Profit Growth %
- 51.51%
- Net Profit Growth %
- 74.55%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 181.19
- Book Value (₹)
- 1056.25
- Dividend per Share (₹)
- 104.00
- Cash EPS (₹)
- 394.15
- Operating Margin %
- 21.34%
- Net Margin %
- 14.34%
- ROE %
- 30.30%
- ROCE %
- 29.08%
- 13.96%
- Debtor Days
- 48
- Inventory Days
- 58
- Payable Days
- 45
- 60
- Debt to Equity (x)
- 0.28x
- Interest Coverage (x)
- 70.49x
- 2.53x
- Revenue Growth %
- 34.69%
- Operating Profit Growth %
- 12.54%
- Net Profit Growth %
- 11.93%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 110.97
- Book Value (₹)
- 1109.30
- Dividend per Share (₹)
- 88.00
- Cash EPS (₹)
- 290.46
- Operating Margin %
- 13.48%
- Net Margin %
- 7.96%
- ROE %
- 18.11%
- ROCE %
- 17.50%
- 8.29%
- Debtor Days
- 48
- Inventory Days
- 63
- Payable Days
- 39
- 72
- Debt to Equity (x)
- 0.23x
- Interest Coverage (x)
- 21.16x
- 3.24x
- Revenue Growth %
- 15.52%
- Operating Profit Growth %
- -27.41%
- Net Profit Growth %
- -36.20%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 12.05
- Book Value (₹)
- 1118.28
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 125.35
- Operating Margin %
- 5.71%
- Net Margin %
- 1.35%
- ROE %
- 2.47%
- ROCE %
- 2.78%
- 1.17%
- Debtor Days
- 54
- Inventory Days
- 77
- Payable Days
- 47
- 84
- Debt to Equity (x)
- 0.21x
- Interest Coverage (x)
- 2.79x
- 2.97x
- Revenue Growth %
- -17.58%
- Operating Profit Growth %
- -59.19%
- Net Profit Growth %
- -85.97%
- -89.14%
- P/E (x)
- 63.60x
- P/B (x)
- 0.69x
- Dividend Yield %
- 0.39%
- 5.71x
Mar 2025
- EPS (₹)
- 66.64
- Book Value (₹)
- 1198.57
- Dividend per Share (₹)
- 13.50
- Cash EPS (₹)
- 209.51
- Operating Margin %
- 10.02%
- Net Margin %
- 5.15%
- ROE %
- 9.84%
- ROCE %
- 11.08%
- 4.66%
- Debtor Days
- 52
- Inventory Days
- 76
- Payable Days
- 47
- 82
- Debt to Equity (x)
- 0.23x
- Interest Coverage (x)
- 10.66x
- 2.78x
- Revenue Growth %
- 9.17%
- Operating Profit Growth %
- 86.03%
- Net Profit Growth %
- 314.09%
- 453.00%
- P/E (x)
- 17.93x
- P/B (x)
- 1.00x
- Dividend Yield %
- 1.13%
- 4.91x
Mar 2026
- EPS (₹)
- 14.32
- Book Value (₹)
- 1350.43
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 128.74
- Operating Margin %
- 4.88%
- Net Margin %
- 0.57%
- ROE %
- 1.02%
- ROCE %
- 1.51%
- 0.49%
- Debtor Days
- 55
- Inventory Days
- 84
- Payable Days
- 50
- 88
- Debt to Equity (x)
- 0.22x
- Interest Coverage (x)
- 1.38x
- 2.59x
- Revenue Growth %
- 2.91%
- Operating Profit Growth %
- -44.79%
- Net Profit Growth %
- -88.56%
- -78.51%
- P/E (x)
- 52.15x
- P/B (x)
- 0.55x
- Dividend Yield %
- 0.40%
- 5.58x
Documents
Announcements
- General Updates
2026-08-17 - Polyplex Corporation Limited has informed the Exchange about Submission of Newspaper Notice regarding dispatch of Annual Report for the FY 2025-26 and Notice of 41st AGM
- Shareholders meeting
2026-08-14 - Polyplex Corporation Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 08, 2026 and Annual Report for the financial year 2025-26.
Annual Reports
Credit Ratings
Nothing filed yet.