Price
Financials
Standalone, Rs crore| Sep 2006 18m | Mar 2007 6m | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | |
|---|---|---|---|---|---|---|---|
| Sales | 136.81 | 44.66 | 87.38 | 92.69 | 19.69 | 0.43 | 0.05 |
| Expenses | 144.70 | 49.51 | 174.50 | 132.90 | 59.45 | 1.32 | 4.99 |
| Operating Profit | -7.89 | -4.85 | -87.12 | -40.21 | -39.76 | -0.89 | -4.94 |
| OPM % | -5.77% | -10.86% | -99.70% | -43.38% | -201.93% | -206.98% | -9,880.00% |
| Other Income | -57.09 | -13.32 | 84.49 | 28.09 | 57.04 | 5.21 | 0.28 |
| Interest | 12.71 | 4.99 | 5.31 | 1.63 | 0.93 | 0.33 | 0.80 |
| Depreciation | 1.03 | 0.32 | 0.73 | 0.71 | 0.43 | 0.15 | 0.13 |
| Profit before tax | -78.72 | -23.48 | -8.67 | -14.46 | 15.92 | 3.84 | -5.59 |
| Tax % | 7.39% | 0.26% | 1.96% | 1.24% | 0.00% | 0.00% | 0.00% |
| Net Profit | -84.54 | -23.54 | -8.84 | -14.64 | 15.92 | 3.84 | -5.59 |
| EPS in Rs | -62.00 | -17.26 | 7.51 | 1.81 | -2.64 | ||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | -74% | -92% | -88% | ||
| Compounded Profit Growth | % | 7% | 22% | -245% | ||
| Stock Price CAGR | % | % | % | % | ||
| Return on Equity | % | % | % | % |
| Sep 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 13.63 | 13.63 | 18.13 | 18.13 | 21.20 | 21.20 | 21.20 |
| Reserves | -86.75 | -110.35 | -117.40 | -131.44 | -117.06 | -113.26 | -118.89 |
| Borrowings | 97.19 | 102.86 | 79.01 | 74.75 | 37.66 | 31.45 | 32.57 |
| Other Liabilities | 54.34 | 66.41 | 90.62 | 97.48 | 81.16 | 77.67 | 82.02 |
| Total Liabilities | 78.41 | 72.55 | 70.36 | 58.92 | 22.96 | 17.06 | 16.90 |
| Fixed Assets | 12.96 | 12.80 | 12.70 | 10.94 | 3.60 | 3.37 | 3.20 |
| CWIP | 0.27 | 1.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 2.06 | 2.06 | 1.04 | 0.91 | 0.27 | 0.08 | 0.08 |
| Other Assets | 63.12 | 56.66 | 56.62 | 47.07 | 19.09 | 13.61 | 13.62 |
| Total Assets | 78.41 | 72.55 | 70.36 | 58.92 | 22.96 | 17.06 | 16.90 |
| Sep 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -13.69 | -0.04 | 9.83 | -10.34 | 0.42 | 6.34 | -2.48 |
| Cash from Investing Activity | -2.21 | -1.02 | 2.15 | 10.46 | 31.87 | 0.72 | 0.00 |
| Cash from Financing Activity | 14.16 | 1.54 | -8.50 | -2.14 | -34.56 | -7.15 | 2.65 |
| Net Cash Flow | -1.74 | 0.48 | 3.48 | -2.02 | -2.27 | -0.09 | 0.17 |
| Free Cash Flow | -15.99 | -1.06 | 11.33 | 0.08 | 32.00 | 6.38 | -2.48 |
| CFO/OP | 173% | -2% | -11% | 26% | -1% | -712% | 50% |
| Sep 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 105.49 | 232.68 | 86.84 | 61.98 | 12.79 | 220.70 | 1,679.00 |
| Inventory Days | 50.14 | 191.52 | 114.77 | 50.06 | 23.55 | 984.39 | 6,351.00 |
| Days Payable | 148.38 | 505.95 | 398.46 | 344.05 | 1,116.83 | 59,306.97 | 412,085.00 |
| Cash Conversion Cycle | 7.25 | -81.75 | -196.84 | -232.01 | -1,080.49 | -58,101.88 | -404,055.00 |
| Working Capital Days | 19.13 | -93.91 | -161.15 | -208.59 | -1,155.80 | -63,119.53 | -576,408.00 |
| ROCE % |
Fundamentals
Market Cap₹ Cr.
Current Price₹ 1.10
Book Value₹ -46.1
ROCE%
ROE%
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-88%
Compounded Profit Growth (TTM)-245%
Standalone figures.
Valuation
P/B, 3-year average-0.11x
Profitability
Operating margin (excl. other income)-43.38%
Operating margin (incl. other income)-13.08%
EBITDA margin-13.08%
Pre-tax margin-15.60%
Net profit margin-15.79%
ROE13.77%
ROA-22.65%
ROE, 3-year average16.84%
ROCE, 3-year average-122.41%
ROA, 3-year average-22.07%
Tax rate-1.24%
Other income / net worth-24.79%
Growth
Sales growth (latest year)6.08%
Sales CAGR, 3 years-12.17%
Per share
EPS (TTM)Rs -8.08
EPS (latest year)Rs -8.08
EPS, 3-year averageRs -10.07
Book value per shareRs -62.51
Sales per shareRs 51.13
Cash flow per shareRs -5.70
Free cash flow per shareRs -1.37
Efficiency
Asset turnover1.57x
Fixed asset turnover8.47x
Inventory turnover7.91x
Inventory days46 days
Debtor days62 days
Debtors turnover5.89x
Creditor days412085 days
Cash conversion cycle-404055 days
Working capital days-576408 days
Leverage
Total debtRs 75 Cr
Cash and bankRs 3 Cr
Net debtRs 72 Cr
Debt to equity-0.66x
Interest coverage-7.87x
Owners' fund to total sources-192.31%
Debt to assets126.87%
Cash flow
Cash from Operating Activity (latest year)Rs -10 Cr
Cash from Investing Activity (latest year)Rs 10 Cr
Cash from Financing Activity (latest year)Rs -2 Cr
Net Cash Flow (latest year)Rs -2 Cr
Free cash flow (latest year)Rs -2 Cr
FCFE (approx.: FCF + change in debt)Rs -7 Cr
Statement figures
Net sales (TTM)Rs 93 Cr
Net sales (latest year)Rs 93 Cr
Operating profit excl. other income (latest year)Rs -40 Cr
Other income (TTM)Rs 28 Cr
EBITDA (TTM)Rs -12 Cr
PBDT (TTM)Rs -14 Cr
Profit before tax (TTM)Rs -14 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs -15 Cr
Net profit (latest year)Rs -15 Cr
Depreciation (TTM)Rs 1 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 88 Cr
Total expenditure (latest year)Rs 133 Cr
Total income (latest year)Rs 121 Cr
Share capitalRs 18 Cr
ReservesRs -131 Cr
Shareholders' fundsRs -113 Cr
Total assetsRs 59 Cr
Net blockRs 11 Cr
InvestmentsRs 1 Cr
ReceivablesRs 16 Cr
InventoryRs 11 Cr
Other liabilitiesRs 97 Cr
Shares outstanding (crore)1.81
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
Not enough price history.
Red flags
F-score 4 of 8| serious | Negative equity Shareholders' equity is negative |
| explain | Share dilution Share count up 0% in a year, 1332924018% in three |
| look | Repeated losses Net loss in each of the last two years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
No quarterly results published.
Activity
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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Polar Industries Ltd?
Polar Industries Ltd (504288) has a market capitalisation of Rs Cr. at the close.