POLYPLEX - Polyplex Corporation Ltd. Share Price

Industrial Products

₹1248.80+16.30(+1.32%)

Market Closed as of Apr 28, 2025, 15:30 IST

What does Polyplex Corporation Ltd. do?

Packaging•Capital Goods•Small Cap

Polyplex Corporation Limited engages in the manufacture and sale of polyester (PET) films primarily for flexible packaging applications in India and internationally. It offers Sarafil base films, including biaxially-oriented (BO) PET films for use in packaging, electrical, and industrial applications; BO polypropylene (PP) films for flexible packaging and other applications; cast PP films for flexible packaging and other applications; blown PP films used in pressure sensitive applications; sustainable films; holographic films; and transfer metalized papers. The company also provides Saracote silicone coated PET/PP films, such as release liner-labels and specialty products, shingle roofing tapes, release film liners, and primer coated liners used in labels, tapes, roofing shingles, and peels and sticks underlayments. In addition, it offers Saralam range of extrusion coated film products comprising reflective insulation, decorative lamination, PET thermal lamination film-thin and thick gauge, PP thermal lamination, MegaBond PET and PP thermal lamination, nylon thermal lamination, and Zafira UV polyester thermal lamination films for use in thermal lamination products, such as book covers, identity cards, etc., as well as in carton lamination, commercial films, etc. Further, the company provides Saraprint, a non tearable PET films, which include digital print media products, polyester master plates, laser printer, inkjet, backlit, and label face films for various applications that comprise photo albums, commercial printing, promotional and customized digital printing, mini-offset printing, and label and flexible packaging applications, as well as in durable displays, certificates, aadhar cards, product catalogues, company brochures, signage, posters, graphic industries, visiting cards, menu cards, bills, and self-adhesive labels applications. Polyplex Corporation Limited was incorporated in 1984 and is based in Noida, India.

Industry Group:Industrial Products

Employees:534

Website:www.polyplex.com

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Category	POLYPLEX	Industrial
PE	9.73	22.34
PS	0.55	0.80
Growth	9.9 %	9.1 %

Investor Care
Dividend Yield	0.80%
Dividend/Share (TTM)	10
Shares Dilution (1Y)	0.00%
Diluted EPS (TTM)	66.1

Financial Health
Current Ratio	2.9
Debt/Equity	0.14
Debt/Cashflow	0.63

Cash Flow for Polyplex Corp

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	920.7%	3.38	0.71	2.21
Change in inventories	163%	11	-14.88	-44.98
Depreciation	-4.3%	46	48	51
Unrealised forex losses/gains	-17300%	-0.72	1.01	-1.47
Dividend income	-93.5%	16	232	314
Adjustments for interest income	43.9%	0.77	0.59	0.98
Net Cashflows from Operations	-121.4%	-38.88	187	209
Income taxes paid (refund)	-86.8%	4.69	29	67
Net Cashflows From Operating Activities	-128.4%	-43.57	158	142
Proceeds from sales of PPE	13.3%	0.15	0.02	0.81
Purchase of property, plant and equipment	-10.8%	34	38	33
Dividends received	-93.5%	16	232	314
Interest received	83.7%	0.93	0.57	1.25
Other inflows (outflows) of cash	-75%	8.49	31	-12.11
Net Cashflows From Investing Activities	-104%	-8	225	271
Proceeds from borrowings	-	0	0	-37.36
Repayments of borrowings	-242.2%	-84.31	61	36
Payments of lease liabilities	-	0.01	0	0
Dividends paid	-92.5%	25	323	335
Interest paid	920.7%	3.38	0.71	2.21
Net Cashflows from Financing Activities	114.2%	56	-385.67	-410.41
Net change in cash and cash eq.	198.1%	4.13	-2.19	2.28

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	20.6%	42	35	16
Change in inventories	82.5%	-12.03	-73.64	-495.8
Depreciation	3.7%	307	296	273
Unrealised forex losses/gains	518.2%	69	12	-48.69
Adjustments for interest income	72.7%	39	23	20
Net Cashflows from Operations	-47.3%	523	991	673
Income taxes paid (refund)	-64.6%	68	190	113
Net Cashflows From Operating Activities	-43.3%	455	802	560
Proceeds from sales of PPE	150.8%	5.99	2.99	1.35
Purchase of property, plant and equipment	89.7%	517	273	402
Purchase of intangible assets	-6.4%	0	0.06	0.01
Purchase of other long-term assets	-115.1%	0	7.64	-52.64
Interest received	59.1%	36	23	27
Other inflows (outflows) of cash	-227.7%	-176.47	140	322
Net Cashflows From Investing Activities	-587.8%	-796.39	-114.93	1.06
Proceeds from issuing shares	-	0	0	3.82
Proceeds from borrowings	17445.5%	194	2.1	364
Repayments of borrowings	17.6%	235	200	101
Payments of lease liabilities	212.8%	7.6	3.11	1.49
Dividends paid	-86.4%	58	420	479
Interest paid	32.4%	46	35	18
Net Cashflows from Financing Activities	76.7%	-152.21	-656.96	-232.23
Effect of exchange rate on cash eq.	-106.8%	-7.88	131	40
Net change in cash and cash eq.	-415.9%	-501.25	160	369

Valuation
Market Cap	3.92 kCr
Price/Earnings (Trailing)	9.86
Price/Sales (Trailing)	0.55
EV/EBITDA	4.76
Price/Free Cashflow	-62.45
MarketCap/EBT	8.3

Fundamentals
Revenue (TTM)	7.07 kCr
Rev. Growth (Yr)	18.72%
Rev. Growth (Qtr)	-0.58%
Earnings (TTM)	397.74 Cr
Earnings Growth (Yr)	515.88%
Earnings Growth (Qtr)	-35.94%

Profitability
Operating Margin	6.67%
EBT Margin	6.67%
Return on Equity	6.38%
Return on Assets	4.96%
Free Cashflow Yield	-1.6%

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
UFLEX	UflexPackaging	4.06 kCr	14.81 kCr	+13.12%	+22.60%	-13.67	0.27	+10.44%	+29.12%
JINDALPOLY	Jindal Poly FilmsPackaging	2.84 kCr	5.48 kCr	-5.85%	+11.06%	10.51	0.52	+29.02%	+191.62%
ESTER	Ester IndustriesPackaging	1.17 kCr	1.26 kCr	+3.20%	+1.08%	-97.31	0.93	+13.88%	+89.58%

Share Holdings

Understand Polyplex Corp ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

As of 2025-03-31

Shareholder Name	Holding %
AGP Holdco Limited	24.28%
SECURE INVESTMENTS LIMITED	22.1%
NIPPON LIFE INDIA TRUSTEE LTD A/c NIPPON INDIA Small Cap Fund and NIFTY Small Cap 250 Index Fund	2.09%
BHILANGANA HYDRO POWER LIMITED	1.93%
SAKHI SARAF	1.82%
First Water Fund	1.81%
Vanguard Total International Stock Index Fund	1.03%
AMLA SARAF	0.83%
SANJIV CHADHA	0.01%
UTKARSH TRADING AND HOLDINGS LIMITED	0%
NARAYANDAS DURGAPRASADJI SARAF	0%
URMILADEVI NARAYANDAS SARAF	0%
SARITA SARAF	0%
SANJIV SARAF	0%
MAHALAXMI TRADING AND INVESTMENT COMPANY LIMITED	0%
SANJIV SARITA CONSULTING PRIVATE LIMITED	0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Balance Sheet for Polyplex Corp

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	66.7%	31	19	30	14	8.93	17
Current investments	-200%	0	2	0	0	76	35
Loans, current	-	0	0	0	0	0	0
Total current financial assets	30.8%	290	222	200	156	403	268
Inventories	8.1%	215	199	198	207	190	196
Current tax assets	-113%	0	8.69	5.9	4	0	0.22
Total current assets	16.3%	565	486	455	422	647	527
Property, plant and equipment	-2.5%	275	282	282	290	301	312
Capital work-in-progress	106.9%	3.11	2.02	13	10	3.2	6.6
Investment property	-1.7%	3.81	3.86	2.73	2.77	2.8	2.84
Non-current investments	0%	47	47	47	47	47	47
Loans, non-current	-	0	0	0	0	0	0
Total non-current financial assets	1.7%	60	59	59	58	58	56
Total non-current assets	3.9%	373	359	370	370	376	383
Total assets	11%	938	845	825	791	1,023	910
Borrowings, non-current	-	43	0	0	0	5.56	14
Total non-current financial liabilities	5222%	43	0.18	0.18	0.19	5.74	14
Provisions, non-current	-78%	1.9	5.09	4.77	4.77	4.92	4.92
Total non-current liabilities	895.5%	45	5.42	5.12	5.16	11	20
Borrowings, current	1.8%	113	111	47	26	24	74
Total current financial liabilities	20.8%	181	150	113	82	166	144
Provisions, current	432.8%	14	3.44	3.32	3.32	3.27	3.27
Current tax liabilities	-	0.97	0	0	-	8.86	0
Total current liabilities	21.2%	207	171	124	92	188	159
Total liabilities	42.9%	251	176	129	97	198	178
Equity share capital	0%	32	32	32	32	32	32
Total equity	2.7%	687	669	696	694	825	732
Total equity and liabilities	11%	938	845	825	791	1,023	910

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	14.9%	532	463	791	965	784	804
Current investments	-11.9%	75	85	198	133	228	139
Loans, current	-	0	0	0	0	0	0
Total current financial assets	11.8%	1,998	1,788	2,029	2,075	2,435	2,173
Inventories	16.1%	1,562	1,346	1,262	1,363	1,499	1,309
Current tax assets	-74.1%	15	55	56	40	7.46	4.47
Total current assets	11.6%	3,766	3,375	3,506	3,660	4,120	3,645
Property, plant and equipment	1.6%	3,045	2,998	3,083	3,249	3,160	3,149
Capital work-in-progress	26%	791	628	297	196	130	126
Investment property	-1.7%	3.81	3.86	2.73	2.77	2.8	2.84
Goodwill	13.3%	0.35	0.25	0.25	0.29	0.21	0.25
Non-current investments	-6.9%	270	290	32	142	122	136
Loans, non-current	-	0	0	0	0	0	0
Total non-current financial assets	-6.2%	287	306	48	158	143	196
Total non-current assets	5%	4,258	4,057	3,617	3,737	3,577	3,601
Total assets	8%	8,025	7,431	7,122	7,397	7,697	7,246
Borrowings, non-current	6.2%	376	354	216	373	439	478
Total non-current financial liabilities	5.4%	388	368	232	384	451	485
Provisions, non-current	-7.1%	27	29	28	23	19	18
Total non-current liabilities	1.5%	490	483	359	517	601	626
Borrowings, current	39.1%	520	374	383	414	449	461
Total current financial liabilities	15.5%	1,238	1,072	1,011	1,067	1,321	1,180
Provisions, current	432.8%	14	3.44	3.32	3.32	3.27	3.27
Current tax liabilities	8566.7%	14	1.15	1.4	12	37	56
Total current liabilities	14.4%	1,300	1,136	1,059	1,111	1,403	1,297
Total liabilities	10.5%	1,790	1,620	1,418	1,627	2,005	1,923
Equity share capital	0%	32	32	32	32	32	32
Non controlling interest	8.1%	2,486	2,300	2,236	2,286	2,142	2,006
Total equity	7.3%	6,235	5,812	5,704	5,769	5,692	5,323
Total equity and liabilities	8%	8,025	7,431	7,122	7,397	7,697	7,246

Income Statement for Polyplex Corp

Standalone figures (in Rs. Crores) / View Consolidated Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	-14.2%	1,414	1,648	1,785	1,299	1,273	1,348
Other Income	-85.9%	37	257	337	339	220	192
Total Income	-23.8%	1,451	1,905	2,122	1,638	1,493	1,540
Cost of Materials	-11.1%	1,036	1,165	1,131	776	826	952
Purchases of stock-in-trade	-53.8%	0	0.35	0	0.17	0.07	0
Employee Expense	27.1%	123	97	110	91	84	82
Finance costs	920.7%	3.38	0.71	2.21	2.87	2.76	4.85
Depreciation and Amortization	-4.3%	46	48	51	57	55	45
Other expenses	-12.9%	250	287	299	199	210	190
Total Expenses	-7.5%	1,465	1,584	1,567	1,139	1,180	1,252
Profit Before exceptional items and Tax	-104.6%	-13.58	321	555	499	313	287
Total profit before tax	-104.6%	-13.58	321	555	499	313	287
Current tax	-105.6%	-0.34	25	64	47	81	60
Deferred tax	-502.3%	-4.19	2.29	-1.11	-1.86	1.97	-1.31
Total tax	-121.3%	-4.53	27	63	45	83	59
Total profit (loss) for period	-103.4%	-9.05	295	491	453	230	228
Other comp. income net of taxes	-270.2%	-0.74	0.53	-2.3	-0.19	-2.74	0.15
Total Comprehensive Income	-103.7%	-9.79	295	489	453	227	228
Earnings Per Share, Basic	-104.2%	-2.89	93.85	156.56	144.02	71.85	71.31
Earnings Per Share, Diluted	-104.2%	-2.89	93.85	156.56	144.02	71.85	71.31

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	3.1%	405	393	383	369	313	381
Other Income	0%	11	11	5.63	9.22	9.43	14
Total Income	3.2%	417	404	388	378	322	396
Cost of Materials	-1.5%	265	269	281	264	241	265
Purchases of stock-in-trade	-	0	0	0	0	0	0
Employee Expense	0%	29	29	28	43	28	28
Finance costs	34.7%	3.02	2.5	1.8	1.39	0.69	0.67
Depreciation and Amortization	9.1%	13	12	10	13	12	11
Other expenses	-2.8%	70	72	72	66	61	63
Total Expenses	-0.3%	386	387	379	393	334	383
Profit Before exceptional items and Tax	87.5%	31	17	9.77	-14.93	-12	13
Total profit before tax	87.5%	31	17	9.77	-14.93	-12	13
Current tax	272.1%	9	3.15	3.5	0	-2.4	1.79
Deferred tax	187.6%	2.84	-1.1	-0.26	-3.61	-0.51	-0.05
Total tax	947.6%	12	2.05	3.24	-3.61	-2.91	1.74
Total profit (loss) for period	28.6%	19	15	6.53	-11.32	-9.09	11
Other comp. income net of taxes	13.9%	-0.18	-0.37	0	-0.74	0	0
Total Comprehensive Income	38.5%	19	14	6.53	-12.06	-9.09	11
Earnings Per Share, Basic	39.1%	6.12	4.68	2.08	-3.61	-2.9	3.44
Earnings Per Share, Diluted	39.1%	6.12	4.68	2.08	-3.61	-2.9	3.44

Consolidated figures (in Rs. Crores) / View Standalone Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	-17.6%	6,307	7,652	6,624	4,918	4,487	4,570
Other Income	-37.2%	60	95	128	59	61	164
Total Income	-17.8%	6,367	7,747	6,752	4,977	4,548	4,733
Cost of Materials	-12.5%	3,997	4,568	3,782	2,365	2,424	2,728
Purchases of stock-in-trade	-21%	178	225	202	105	94	137
Employee Expense	19.6%	586	490	482	424	387	345
Finance costs	20.6%	42	35	16	18	18	29
Depreciation and Amortization	3.7%	307	296	273	280	253	209
Other expenses	-14.8%	1,211	1,422	1,210	850	809	698
Total Expenses	-10.6%	6,291	7,037	5,606	3,999	3,978	4,077
Profit Before exceptional items and Tax	-89.4%	76	711	1,147	979	571	657
Exceptional items before tax	-	0	0	0	0	69	0
Total profit before tax	-89.4%	76	711	1,147	979	640	657
Current tax	-63.3%	41	110	148	75	94	75
Deferred tax	-221.6%	-51.16	-15.22	34	42	52	-1.86
Total tax	-112.2%	-10.47	95	182	117	146	73
Total profit (loss) for period	-86.2%	86	616	965	862	494	584
Other comp. income net of taxes	-98.9%	3.9	261	3.48	52	223	12
Total Comprehensive Income	-89.8%	90	876	968	914	717	596
Earnings Per Share, Basic	-90%	12.05	110.97	181.19	162.57	88.18	103.19
Earnings Per Share, Diluted	-90%	12.05	110.97	181.19	162.57	88.18	103.19

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	-1%	1,721	1,739	1,686	1,679	1,496	1,572
Other Income	7.1%	107	100	26	17	45	24
Total Income	-0.5%	1,829	1,839	1,712	1,695	1,540	1,596
Cost of Materials	-11.7%	1,037	1,174	1,062	1,040	1,020	978
Purchases of stock-in-trade	-10%	28	31	33	40	51	35
Employee Expense	7.5%	159	148	149	174	141	138
Finance costs	10%	12	11	13	10	10	9.95
Depreciation and Amortization	-3.8%	76	79	70	82	75	75
Other expenses	7.7%	338	314	310	314	330	284
Total Expenses	3.1%	1,687	1,637	1,604	1,674	1,532	1,537
Profit Before exceptional items and Tax	-29.9%	142	202	107	21	8.47	59
Total profit before tax	-29.9%	142	202	107	21	8.47	59
Current tax	16%	30	26	16	15	7.91	14
Deferred tax	-53.1%	6.16	12	-5.3	-25.07	-16.51	-2.71
Total tax	-5.4%	36	38	10	-10.24	-8.6	11
Total profit (loss) for period	-36.2%	105	164	97	31	17	48
Other comp. income net of taxes	-175.7%	-176.96	236	-45.93	-103.9	175	-38.32
Total Comprehensive Income	-118.3%	-71.83	400	51	-72.53	192	9.93
Earnings Per Share, Basic	-35.5%	18.4	27.97	17.05	2.68	1.47	8.9
Earnings Per Share, Diluted	-35.5%	18.4	27.97	17.05	2.68	1.47	8.9

POLYPLEX - Polyplex Corporation Ltd. Share Price

What does Polyplex Corporation Ltd. do?

Sector Comparison: POLYPLEX vs Industrial Products

Comparative Metrics

Performance Comparison

Investor Care

Financial Health

Cash Flow for Polyplex Corp

Valuation

Fundamentals

Profitability

Is Polyplex Corp Better than it's peers?

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Balance Sheet for Polyplex Corp

Income Statement for Polyplex Corp

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)