Visagar Polytex Ltd.
•₹ 0.540%
2026-08-21
PROS
- Company is almost debt free
- Company generates healthy free cash flow
CONS
- Company is loss-making at the operating / net level
- Company has a low return on equity of -132.6% over last 3 years
- Company has a low return on capital employed of -32.4%
- Receivables are growing faster than sales - a possible quality concern
- Interest coverage is weak at -2.1x - earnings barely cover interest
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.04x)
* 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. | PAGEIND | 35400.00 | 0.00 | 39484.71 | 1.55 | 1928.06 | 860.21 | 14204.45 | 978.91 | 73.60 | 20.35 |
| 2. | KPRMILL | 1122.45 | 42.05 | 38366.91 | 0.45 | 258.54 | 21.55 | 1935.52 | 14.77 | 20.16 | 19.37 |
| 3. | VTL | 594.75 | 20.30 | 17216.57 | 0.84 | 314.56 | 51.46 | 2703.08 | 13.31 | 11.31 | 18.11 |
| 4. | WELSPUNLIV | 181.25 | 61.68 | 17123.64 | 0.06 | 162.61 | 82.09 | 2795.45 | 23.66 | 15.04 | 11.53 |
| 5. | ARVIND | 518.15 | 34.04 | 14095.79 | 0.87 | 57.77 | 5.61 | 2500.96 | 24.65 | 13.98 | 9.64 |
| 6. | MANYAVAR | 542.75 | 32.73 | 13187.64 | 1.43 | 66.90 | 37.31 | 267.95 | 22.74 | 33.92 | 45.53 |
| 7. | PGIL | 2410.95 | 35.88 | 11136.31 | 0.60 | 99.23 | 51.37 | 1528.26 | 24.46 | 22.42 | 10.72 |
| 8. | SWANCORP | 302.25 | 42.38 | 9474.23 | 0.05 | -35.99 | -233.33 | 1013.75 | -16.44 | 4.50 | -0.38 |
| 9. | ICIL | 444.15 | 58.30 | 8796.58 | 0.34 | 63.22 | 67.28 | 1206.96 | 25.89 | 8.73 | 11.88 |
| 10. | GARFIBRES | 759.85 | 35.32 | 7419.81 | 1.18 | 64.60 | 21.56 | 482.37 | 31.35 | 20.98 | 18.70 |
| 11. | KUSUMGAR | 565.70 | 60.48 | 5939.36 | 0.00 | 426.47 | — | 2472.47 | — | 26.15 | 30.50 |
| 12. | VIVIDHA | 0.55 | 0.00 | 16.10 | 0.00 | -0.39 | 35.33 | 0.23 | 106.36 | -14.40 | -92.07 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 0 | 0 | 8 | 15 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 |
| -1 | -0 | 0 | -15 | -0 | -0 | -0 | -1 | -1 | -0 | -0 | -0 | -0 | |
| Tax % | -0.00% | -0.00% | 0.00% | -0.00% | -0.00% | -0.00% | -0.00% | 19.67% | -0.00% | -0.00% | -0.00% | 16.00% | -0.00% |
| Net Profit | -1 | -0 | 0 | -15 | -0 | -0 | -0 | -0 | -1 | -0 | -0 | -0 | -0 |
| -0 | -0 | 0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | |
| Equity Capital | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 |
| 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 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 | 29 |
| 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
- 0
- 0
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -1
- Tax %
- -0.00%
- Net Profit
- -1
- -0
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 0
- 0
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -0
- Tax %
- -0.00%
- Net Profit
- -0
- -0
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 8
- 8
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 0.00%
- Net Profit
- 0
- 0
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 0
- 15
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -15
- Tax %
- -0.00%
- Net Profit
- -15
- -0
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 0
- 0
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -0
- Tax %
- -0.00%
- Net Profit
- -0
- -0
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 0
- 0
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -0
- Tax %
- -0.00%
- Net Profit
- -0
- -0
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 0
- 0
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -0
- Tax %
- -0.00%
- Net Profit
- -0
- -0
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 0
- 0
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -1
- Tax %
- 19.67%
- Net Profit
- -0
- -0
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 0
- 0
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -1
- Tax %
- -0.00%
- Net Profit
- -1
- -0
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 0
- 0
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -0
- Tax %
- -0.00%
- Net Profit
- -0
- -0
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 0
- 0
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -0
- Tax %
- -0.00%
- Net Profit
- -0
- -0
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 0
- 0
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -0
- Tax %
- 16.00%
- Net Profit
- -0
- -0
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 0
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -0
- Tax %
- -0.00%
- Net Profit
- -0
- -0
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 29
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 103 | 81 | 82 | 54 | 10 | 5 | 4 | 1 | 8 | 0 | 0 | |
| 100 | 77 | 78 | 52 | 24 | 4 | 3 | 1 | 22 | 1 | 1 | |
| Operating Profit | 3 | 4 | 4 | 2 | -13 | 1 | 1 | -0 | -14 | -1 | — |
| OPM % | 3 | 5 | 5 | 4 | -131 | 18 | 22 | -6 | -168 | — | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 1 | 1 | 1 | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 0 |
| Depreciation | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| 0 | 2 | 2 | 0 | -14 | 0 | -1 | -1 | -16 | -2 | -1 | |
| Tax % | 32 | 18 | 18 | 25 | 0 | 0 | 0 | 0 | 0 | 7 | 6 |
| Net Profit | 0 | 1 | 1 | 0 | -14 | 0 | -1 | -1 | -16 | -2 | -1 |
| EPS | 0 | 0 | 0 | 0 | 0 | -0 | -0 | -0 | -1 | -0 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| 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 | 0 | 0 | 0 | 0 | -0 | 0 | -0 | -0 | -1 | -0 | — |
| 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 | 0 | 0 | 0 | 0 | -0 | 0 | -0 | -0 | -1 | -0 | — |
Mar 2016
- 103
- 100
- Operating Profit
- 3
- OPM %
- 3
- Other Income
- 0
- Interest
- 1
- Depreciation
- 2
- 0
- Tax %
- 32
- Net Profit
- 0
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2017
- 81
- 77
- Operating Profit
- 4
- OPM %
- 5
- Other Income
- 0
- Interest
- 1
- Depreciation
- 1
- 2
- Tax %
- 18
- Net Profit
- 1
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2018
- 82
- 78
- Operating Profit
- 4
- OPM %
- 5
- Other Income
- 0
- Interest
- 1
- Depreciation
- 1
- 2
- Tax %
- 18
- Net Profit
- 1
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2019
- 54
- 52
- Operating Profit
- 2
- OPM %
- 4
- Other Income
- 0
- Interest
- 1
- Depreciation
- 1
- 0
- Tax %
- 25
- Net Profit
- 0
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2020
- 10
- 24
- Operating Profit
- -13
- OPM %
- -131
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- -14
- Tax %
- 0
- Net Profit
- -14
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
Mar 2021
- 5
- 4
- Operating Profit
- 1
- OPM %
- 18
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 0
- Tax %
- 0
- Net Profit
- 0
- EPS
- -0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2022
- 4
- 3
- Operating Profit
- 1
- OPM %
- 22
- Other Income
- 0
- Interest
- 1
- Depreciation
- 1
- -1
- Tax %
- 0
- Net Profit
- -1
- EPS
- -0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
Mar 2023
- 1
- 1
- Operating Profit
- -0
- OPM %
- -6
- Other Income
- 0
- Interest
- 1
- Depreciation
- 1
- -1
- Tax %
- 0
- Net Profit
- -1
- EPS
- -0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
Mar 2024
- 8
- 22
- Operating Profit
- -14
- OPM %
- -168
- Other Income
- 0
- Interest
- 1
- Depreciation
- 1
- -16
- Tax %
- 0
- Net Profit
- -16
- EPS
- -1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2025
- 0
- 1
- Operating Profit
- -1
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 1
- -2
- Tax %
- 7
- Net Profit
- -2
- EPS
- -0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
TTM
- 0
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -1
- Tax %
- 6
- Net Profit
- -1
- 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:
- —
- 5 Years:
- —
- 3 Years:
- —
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- -15%
- 5 Years:
- -6%
- 3 Years:
- -16%
- 1 Year:
- -36%
RETURN ON EQUITY
- 10 Years:
- -44%
- 5 Years:
- -80%
- 3 Years:
- -133%
- Last Year:
- -224%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 18 | 25 | 25 | 29 | 29 | 29 | 29 | 29 | 29 | 29 |
| 7 | 2 | 3 | 4 | -10 | -10 | -11 | -12 | -28 | -29 | |
| 9 | 9 | 9 | 9 | 3 | 2 | 0 | 0 | 0 | 0 | |
| Trade Payables | 5 | 13 | 23 | 15 | 3 | 5 | 1 | 0 | 0 | -0 |
| 4 | 4 | 5 | 2 | 9 | 9 | 10 | 10 | 8 | 7 | |
| Total Liabilities | 42 | 52 | 66 | 59 | 34 | 35 | 29 | 27 | 9 | 7 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 8 | 7 | 7 | 6 | 6 | 5 | 4 | 4 | 3 | 2 | |
| 24 | 25 | 25 | 26 | 9 | 10 | 11 | 11 | 2 | 2 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 2 | |
| 10 | 20 | 34 | 27 | 19 | 20 | 13 | 13 | 1 | 1 | |
| Total Assets | 42 | 52 | 66 | 59 | 34 | 35 | 29 | 27 | 9 | 7 |
| Total Debt | 12 | 11 | 11 | 10 | 10 | 9 | 8 | 8 | 6 | 6 |
| Net Working Capital | 20 | 21 | 23 | 28 | 21 | 21 | 23 | 22 | 6 | 5 |
| Contingent Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9 | 9 | 0 |
| Book Value per Share | 1.36 | 1.08 | 1.13 | 1.14 | 0.65 | 0.65 | 0.63 | 0.58 | 0.05 | -0.00 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Total Debt | 12 | 11 | 11 | 10 | 10 | 9 | 8 | 8 | 6 | 6 |
| Net Working Capital | 20 | 21 | 23 | 28 | 21 | 21 | 23 | 22 | 6 | 5 |
| Contingent Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9 | 9 | 0 |
| Book Value per Share | 1.36 | 1.08 | 1.13 | 1.14 | 0.65 | 0.65 | 0.63 | 0.58 | 0.05 | -0.00 |
| Face Value | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Mar 2016
- Equity Capital
- 18
- 7
- 9
- Trade Payables
- 5
- 4
- Total Liabilities
- 42
- 8
- 24
- 0
- 10
- Total Assets
- 42
- Total Debt
- 12
- Net Working Capital
- 20
- Contingent Liabilities
- 0
- Book Value per Share
- 1.36
- Face Value
- 1.00
- Total Debt
- 12
- Net Working Capital
- 20
- Contingent Liabilities
- 0
- Book Value per Share
- 1.36
- Face Value
- 1.00
Mar 2017
- Equity Capital
- 25
- 2
- 9
- Trade Payables
- 13
- 4
- Total Liabilities
- 52
- 7
- 25
- 0
- 20
- Total Assets
- 52
- Total Debt
- 11
- Net Working Capital
- 21
- Contingent Liabilities
- 0
- Book Value per Share
- 1.08
- Face Value
- 1.00
- Total Debt
- 11
- Net Working Capital
- 21
- Contingent Liabilities
- 0
- Book Value per Share
- 1.08
- Face Value
- 1.00
Mar 2018
- Equity Capital
- 25
- 3
- 9
- Trade Payables
- 23
- 5
- Total Liabilities
- 66
- 7
- 25
- 0
- 34
- Total Assets
- 66
- Total Debt
- 11
- Net Working Capital
- 23
- Contingent Liabilities
- 0
- Book Value per Share
- 1.13
- Face Value
- 1.00
- Total Debt
- 11
- Net Working Capital
- 23
- Contingent Liabilities
- 0
- Book Value per Share
- 1.13
- Face Value
- 1.00
Mar 2019
- Equity Capital
- 29
- 4
- 9
- Trade Payables
- 15
- 2
- Total Liabilities
- 59
- 6
- 26
- 0
- 27
- Total Assets
- 59
- Total Debt
- 10
- Net Working Capital
- 28
- Contingent Liabilities
- 0
- Book Value per Share
- 1.14
- Face Value
- 1.00
- Total Debt
- 10
- Net Working Capital
- 28
- Contingent Liabilities
- 0
- Book Value per Share
- 1.14
- Face Value
- 1.00
Mar 2020
- Equity Capital
- 29
- -10
- 3
- Trade Payables
- 3
- 9
- Total Liabilities
- 34
- 6
- 9
- 0
- 19
- Total Assets
- 34
- Total Debt
- 10
- Net Working Capital
- 21
- Contingent Liabilities
- 0
- Book Value per Share
- 0.65
- Face Value
- 1.00
- Total Debt
- 10
- Net Working Capital
- 21
- Contingent Liabilities
- 0
- Book Value per Share
- 0.65
- Face Value
- 1.00
Mar 2021
- Equity Capital
- 29
- -10
- 2
- Trade Payables
- 5
- 9
- Total Liabilities
- 35
- 5
- 10
- 0
- 20
- Total Assets
- 35
- Total Debt
- 9
- Net Working Capital
- 21
- Contingent Liabilities
- 0
- Book Value per Share
- 0.65
- Face Value
- 1.00
- Total Debt
- 9
- Net Working Capital
- 21
- Contingent Liabilities
- 0
- Book Value per Share
- 0.65
- Face Value
- 1.00
Mar 2022
- Equity Capital
- 29
- -11
- 0
- Trade Payables
- 1
- 10
- Total Liabilities
- 29
- 4
- 11
- 0
- 13
- Total Assets
- 29
- Total Debt
- 8
- Net Working Capital
- 23
- Contingent Liabilities
- 0
- Book Value per Share
- 0.63
- Face Value
- 1.00
- Total Debt
- 8
- Net Working Capital
- 23
- Contingent Liabilities
- 0
- Book Value per Share
- 0.63
- Face Value
- 1.00
Mar 2023
- Equity Capital
- 29
- -12
- 0
- Trade Payables
- 0
- 10
- Total Liabilities
- 27
- 4
- 11
- 0
- 13
- Total Assets
- 27
- Total Debt
- 8
- Net Working Capital
- 22
- Contingent Liabilities
- 9
- Book Value per Share
- 0.58
- Face Value
- 1.00
- Total Debt
- 8
- Net Working Capital
- 22
- Contingent Liabilities
- 9
- Book Value per Share
- 0.58
- Face Value
- 1.00
Mar 2024
- Equity Capital
- 29
- -28
- 0
- Trade Payables
- 0
- 8
- Total Liabilities
- 9
- 3
- 2
- 3
- 1
- Total Assets
- 9
- Total Debt
- 6
- Net Working Capital
- 6
- Contingent Liabilities
- 9
- Book Value per Share
- 0.05
- Face Value
- 1.00
- Total Debt
- 6
- Net Working Capital
- 6
- Contingent Liabilities
- 9
- Book Value per Share
- 0.05
- Face Value
- 1.00
Mar 2025
- Equity Capital
- 29
- -29
- 0
- Trade Payables
- -0
- 7
- Total Liabilities
- 7
- 2
- 2
- 2
- 1
- Total Assets
- 7
- Total Debt
- 6
- Net Working Capital
- 5
- Contingent Liabilities
- 0
- Book Value per Share
- -0.00
- Face Value
- 1.00
- Total Debt
- 6
- Net Working Capital
- 5
- Contingent Liabilities
- 0
- Book Value per Share
- -0.00
- Face Value
- 1.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 3 | 0 | -1 | -4 | -0 | -0 | 0 | -0 | 1 | 0 | |
| Cash from Investing | -5 | -0 | -1 | -0 | -0 | -0 | -0 | -0 | 1 | 0 |
| Cash from Financing | 2 | 0 | 3 | 4 | 0 | 0 | -0 | 0 | -2 | -1 |
| 0 | 0 | -0 | 0 | -0 | -0 | -0 | -0 | -0 | -0 | |
| Free Cash Flow | -2 | 0 | -3 | -4 | -0 | -0 | 0 | -0 | 1 | 0 |
| OCF / Net Profit | 30.20 | 0.13 | -0.84 | -22.32 | 0.01 | -1.45 | -0.32 | 0.28 | -0.08 | -0.02 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -8 | -6 | -6 | -4 | 1 | 1 |
| OCF / Net Profit | 30.20 | 0.13 | -0.84 | -22.32 | 0.01 | -1.45 | -0.32 | 0.28 | -0.08 | -0.02 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -8 | -6 | -6 | -4 | 1 | 1 |
Mar 2016
- 3
- Cash from Investing
- -5
- Cash from Financing
- 2
- 0
- Free Cash Flow
- -2
- OCF / Net Profit
- 30.20
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 30.20
- Cumulative 5-Year FCF
- 0
Mar 2017
- 0
- Cash from Investing
- -0
- Cash from Financing
- 0
- 0
- Free Cash Flow
- 0
- OCF / Net Profit
- 0.13
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.13
- Cumulative 5-Year FCF
- 0
Mar 2018
- -1
- Cash from Investing
- -1
- Cash from Financing
- 3
- -0
- Free Cash Flow
- -3
- OCF / Net Profit
- -0.84
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.84
- Cumulative 5-Year FCF
- 0
Mar 2019
- -4
- Cash from Investing
- -0
- Cash from Financing
- 4
- 0
- Free Cash Flow
- -4
- OCF / Net Profit
- -22.32
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -22.32
- Cumulative 5-Year FCF
- 0
Mar 2020
- -0
- Cash from Investing
- -0
- Cash from Financing
- 0
- -0
- Free Cash Flow
- -0
- OCF / Net Profit
- 0.01
- Cumulative 5-Year FCF
- -8
- OCF / Net Profit
- 0.01
- Cumulative 5-Year FCF
- -8
Mar 2021
- -0
- Cash from Investing
- -0
- Cash from Financing
- 0
- -0
- Free Cash Flow
- -0
- OCF / Net Profit
- -1.45
- Cumulative 5-Year FCF
- -6
- OCF / Net Profit
- -1.45
- Cumulative 5-Year FCF
- -6
Mar 2022
- 0
- Cash from Investing
- -0
- Cash from Financing
- -0
- -0
- Free Cash Flow
- 0
- OCF / Net Profit
- -0.32
- Cumulative 5-Year FCF
- -6
- OCF / Net Profit
- -0.32
- Cumulative 5-Year FCF
- -6
Mar 2023
- -0
- Cash from Investing
- -0
- Cash from Financing
- 0
- -0
- Free Cash Flow
- -0
- OCF / Net Profit
- 0.28
- Cumulative 5-Year FCF
- -4
- OCF / Net Profit
- 0.28
- Cumulative 5-Year FCF
- -4
Mar 2024
- 1
- Cash from Investing
- 1
- Cash from Financing
- -2
- -0
- Free Cash Flow
- 1
- OCF / Net Profit
- -0.08
- Cumulative 5-Year FCF
- 1
- OCF / Net Profit
- -0.08
- Cumulative 5-Year FCF
- 1
Mar 2025
- 0
- Cash from Investing
- 0
- Cash from Financing
- -1
- -0
- Free Cash Flow
- 0
- OCF / Net Profit
- -0.02
- Cumulative 5-Year FCF
- 1
- OCF / Net Profit
- -0.02
- Cumulative 5-Year FCF
- 1
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 0.01 | 0.06 | 0.06 | 0.01 | -0.49 | 0.00 | -0.02 | -0.05 | -0.53 | -0.06 |
| Book Value (₹) | 1.36 | 1.08 | 1.13 | 1.14 | 0.65 | 0.65 | 0.63 | 0.58 | 0.05 | -0.00 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 0.11 | 0.09 | 0.10 | 0.04 | -0.46 | 0.02 | 0.00 | -0.03 | -0.51 | -0.03 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 2.94% | 4.91% | 5.01% | 4.43% | -130.69% | 17.71% | 22.15% | -5.51% | -171.53% | 0.00% |
| Net Margin % | 0.10% | 1.67% | 1.71% | 0.30% | -141.14% | 0.87% | -16.12% | -177.05% | -189.18% | 0.00% |
| ROE % | 0.42% | 5.25% | 5.18% | 0.53% | -54.95% | 0.22% | -3.06% | -7.84% | -166.26% | -223.69% |
| ROCE % | 3.22% | 8.03% | 7.84% | 3.52% | -37.72% | 0.70% | 0.34% | -2.54% | -80.13% | -14.40% |
| 0.21% | 2.88% | 2.39% | 0.26% | -30.87% | 0.12% | -1.80% | -4.98% | -85.13% | -20.22% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 73 | 59 | 108 | 188 | 741 | 1321 | 1505 | 5174 | 308 | 0 |
| Inventory Days | 83 | 112 | 111 | 171 | 629 | 733 | 1087 | 5030 | 281 | 0 |
| Payable Days | 57 | 45 | 88 | 139 | 142 | 379 | 504 | 350 | 4 | 0 |
| 98 | 126 | 132 | 221 | 1229 | 1674 | 2089 | 9855 | 586 | 0 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.48x | 0.42x | 0.41x | 0.29x | 0.53x | 0.50x | 0.44x | 0.49x | 4.12x | -72.09x |
| Interest Coverage (x) | 1.15x | 2.22x | 2.21x | 1.17x | -44.16x | 1.25x | 0.14x | -0.99x | -13.15x | -2.10x |
| 2.46x | 1.91x | 1.69x | 2.16x | 4.07x | 3.78x | 21.04x | 35.65x | 84.32x | -382.18x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 69.33% | -21.35% | 1.38% | -34.57% | -81.11% | -52.66% | -26.05% | -77.86% | 941.82% | -100.00% |
| Operating Profit Growth % | -29.73% | 31.49% | 3.39% | -42.17% | -657.79% | 106.41% | -7.50% | -105.50% | 0.00% | 95.91% |
| Net Profit Growth % | -93.79% | 1177.70% | 3.80% | -88.40% | -8877.35% | 100.29% | -1470.98% | -143.13% | -1013.24% | 89.29% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -1012.58% | 89.29% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 18.95x | -289.05x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | -2.64x | -56.44x |
Mar 2016
- EPS (₹)
- 0.01
- Book Value (₹)
- 1.36
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.11
- Operating Margin %
- 2.94%
- Net Margin %
- 0.10%
- ROE %
- 0.42%
- ROCE %
- 3.22%
- 0.21%
- Debtor Days
- 73
- Inventory Days
- 83
- Payable Days
- 57
- 98
- Debt to Equity (x)
- 0.48x
- Interest Coverage (x)
- 1.15x
- 2.46x
- Revenue Growth %
- 69.33%
- Operating Profit Growth %
- -29.73%
- Net Profit Growth %
- -93.79%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 0.06
- Book Value (₹)
- 1.08
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.09
- Operating Margin %
- 4.91%
- Net Margin %
- 1.67%
- ROE %
- 5.25%
- ROCE %
- 8.03%
- 2.88%
- Debtor Days
- 59
- Inventory Days
- 112
- Payable Days
- 45
- 126
- Debt to Equity (x)
- 0.42x
- Interest Coverage (x)
- 2.22x
- 1.91x
- Revenue Growth %
- -21.35%
- Operating Profit Growth %
- 31.49%
- Net Profit Growth %
- 1177.70%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 0.06
- Book Value (₹)
- 1.13
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.10
- Operating Margin %
- 5.01%
- Net Margin %
- 1.71%
- ROE %
- 5.18%
- ROCE %
- 7.84%
- 2.39%
- Debtor Days
- 108
- Inventory Days
- 111
- Payable Days
- 88
- 132
- Debt to Equity (x)
- 0.41x
- Interest Coverage (x)
- 2.21x
- 1.69x
- Revenue Growth %
- 1.38%
- Operating Profit Growth %
- 3.39%
- Net Profit Growth %
- 3.80%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 0.01
- Book Value (₹)
- 1.14
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.04
- Operating Margin %
- 4.43%
- Net Margin %
- 0.30%
- ROE %
- 0.53%
- ROCE %
- 3.52%
- 0.26%
- Debtor Days
- 188
- Inventory Days
- 171
- Payable Days
- 139
- 221
- Debt to Equity (x)
- 0.29x
- Interest Coverage (x)
- 1.17x
- 2.16x
- Revenue Growth %
- -34.57%
- Operating Profit Growth %
- -42.17%
- Net Profit Growth %
- -88.40%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- -0.49
- Book Value (₹)
- 0.65
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.46
- Operating Margin %
- -130.69%
- Net Margin %
- -141.14%
- ROE %
- -54.95%
- ROCE %
- -37.72%
- -30.87%
- Debtor Days
- 741
- Inventory Days
- 629
- Payable Days
- 142
- 1229
- Debt to Equity (x)
- 0.53x
- Interest Coverage (x)
- -44.16x
- 4.07x
- Revenue Growth %
- -81.11%
- Operating Profit Growth %
- -657.79%
- Net Profit Growth %
- -8877.35%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 0.00
- Book Value (₹)
- 0.65
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.02
- Operating Margin %
- 17.71%
- Net Margin %
- 0.87%
- ROE %
- 0.22%
- ROCE %
- 0.70%
- 0.12%
- Debtor Days
- 1321
- Inventory Days
- 733
- Payable Days
- 379
- 1674
- Debt to Equity (x)
- 0.50x
- Interest Coverage (x)
- 1.25x
- 3.78x
- Revenue Growth %
- -52.66%
- Operating Profit Growth %
- 106.41%
- Net Profit Growth %
- 100.29%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- -0.02
- Book Value (₹)
- 0.63
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.00
- Operating Margin %
- 22.15%
- Net Margin %
- -16.12%
- ROE %
- -3.06%
- ROCE %
- 0.34%
- -1.80%
- Debtor Days
- 1505
- Inventory Days
- 1087
- Payable Days
- 504
- 2089
- Debt to Equity (x)
- 0.44x
- Interest Coverage (x)
- 0.14x
- 21.04x
- Revenue Growth %
- -26.05%
- Operating Profit Growth %
- -7.50%
- Net Profit Growth %
- -1470.98%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- -0.05
- Book Value (₹)
- 0.58
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.03
- Operating Margin %
- -5.51%
- Net Margin %
- -177.05%
- ROE %
- -7.84%
- ROCE %
- -2.54%
- -4.98%
- Debtor Days
- 5174
- Inventory Days
- 5030
- Payable Days
- 350
- 9855
- Debt to Equity (x)
- 0.49x
- Interest Coverage (x)
- -0.99x
- 35.65x
- Revenue Growth %
- -77.86%
- Operating Profit Growth %
- -105.50%
- Net Profit Growth %
- -143.13%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- -0.53
- Book Value (₹)
- 0.05
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.51
- Operating Margin %
- -171.53%
- Net Margin %
- -189.18%
- ROE %
- -166.26%
- ROCE %
- -80.13%
- -85.13%
- Debtor Days
- 308
- Inventory Days
- 281
- Payable Days
- 4
- 586
- Debt to Equity (x)
- 4.12x
- Interest Coverage (x)
- -13.15x
- 84.32x
- Revenue Growth %
- 941.82%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- -1013.24%
- -1012.58%
- P/E (x)
- 0.00x
- P/B (x)
- 18.95x
- Dividend Yield %
- 0.00%
- -2.64x
Mar 2025
- EPS (₹)
- -0.06
- Book Value (₹)
- -0.00
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.03
- Operating Margin %
- 0.00%
- Net Margin %
- 0.00%
- ROE %
- -223.69%
- ROCE %
- -14.40%
- -20.22%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- -72.09x
- Interest Coverage (x)
- -2.10x
- -382.18x
- Revenue Growth %
- -100.00%
- Operating Profit Growth %
- 95.91%
- Net Profit Growth %
- 89.29%
- 89.29%
- P/E (x)
- 0.00x
- P/B (x)
- -289.05x
- Dividend Yield %
- 0.00%
- -56.44x
Documents
Announcements
- Copy of Newspaper Publication
2026-08-14 - Visagar Polytex Limited has informed the Exchange about Copy of Newspaper Publication
- Outcome of Board Meeting
2026-08-13 - Visagar Polytex Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Nothing filed yet.

