MarketFriction

Pankaj Polymers Ltd

BSE 531280 · Packaging
₹126.55 +4.98%
BSE close2026-10-01
Market cap₹63.7 Cr.
P/E22.6

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales0.570.290.300.310.000.330.860.460.270.000.570.96
Expenses0.700.400.470.470.170.470.990.720.420.150.861.22
Operating Profit-0.13-0.11-0.17-0.16-0.17-0.14-0.13-0.26-0.15-0.15-0.29-0.26
OPM %-22.81%-37.93%-56.67%-51.61%-42.42%-15.12%-56.52%-55.56%-50.88%-27.08%
Other Income0.120.200.200.190.190.200.190.192.310.190.630.87
Interest0.060.060.060.060.060.050.050.040.040.020.070.00
Depreciation0.030.030.030.030.030.010.020.000.000.000.000.00
Profit before tax-0.100.00-0.06-0.06-0.070.00-0.01-0.112.120.020.270.61
Tax %0.00%-16.67%0.00%0.00%0.00%54.55%-6.13%0.00%62.96%26.23%
Net Profit-0.090.00-0.05-0.06-0.060.00-0.01-0.172.250.020.100.45
EPS in Rs-0.160.00-0.09-0.11-0.110.00-0.02-0.314.090.040.180.82
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales7.885.644.680.820.681.261.781.781.761.501.301.80
Expenses7.756.394.771.881.331.722.552.392.332.102.142.65
Operating Profit0.13-0.75-0.09-1.06-0.65-0.46-0.77-0.61-0.57-0.60-0.84-0.85
OPM %1.65%-13.30%-1.92%-129.27%-95.59%-36.51%-43.26%-34.27%-32.39%-40.00%-64.62%-47.22%
Other Income0.302.570.900.313.810.651.101.140.810.773.314.00
Interest0.950.400.300.130.040.040.190.360.270.210.170.13
Depreciation0.420.450.410.300.300.130.140.110.110.090.000.00
Profit before tax-0.940.970.10-1.182.820.020.000.06-0.14-0.132.303.02
Tax %8.51%3.09%20.00%-16.10%-4.61%150.00%0.00%-7.14%0.00%4.35%
Net Profit-1.030.950.08-1.002.95-0.01-0.020.05-0.13-0.132.202.82
EPS in Rs-1.871.730.15-1.825.36-0.02-0.040.09-0.24-0.244.005.13
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-16%1%-10%9%
Compounded Profit Growth13%78%226%1275%
Stock Price CAGR34%94%161%356%
Return on Equity-1%2%4%14%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital5.545.545.545.545.545.545.545.545.545.545.545.54
Reserves3.612.583.463.582.555.635.745.605.655.515.387.50
Borrowings9.103.372.512.250.160.510.373.352.782.451.870.00
Other Liabilities4.171.080.740.740.320.550.240.310.140.651.291.09
Total Liabilities22.4212.5712.2512.118.5712.2311.8914.8014.1114.1514.0814.13
Fixed Assets5.325.054.223.852.291.541.221.100.961.591.500.75
CWIP0.800.000.000.000.000.000.000.000.000.000.000.00
Investments0.720.300.851.042.212.952.522.322.322.322.320.00
Other Assets15.587.227.187.224.077.748.1511.3810.8310.2410.2613.38
Total Assets22.4212.5712.2512.118.5712.2311.8914.8014.1114.1514.0814.13
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity2.382.81-1.29-0.251.79-3.77-1.38-0.69-0.59-0.180.06-0.34
Cash from Investing Activity-1.031.402.370.690.213.641.390.990.960.080.776.28
Cash from Financing Activity0.95-6.70-1.28-0.45-1.960.27-0.14-0.30-0.390.09-0.79-5.89
Net Cash Flow2.30-2.49-0.20-0.010.040.13-0.130.01-0.02-0.020.050.05
Free Cash Flow1.333.500.980.262.891.11-1.18-0.68-0.56-0.160.062.60
CFO/OP-1,575%2,192%165%233%-175%571%209%75%97%35%-8%36%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days91.65140.35119.0883.45227.015.3731.8736.9122.560.000.000.00
Inventory Days23.2794.6093.3997.660.000.000.000.000.000.000.000.00
Days Payable42.3130.1920.9732.96
Cash Conversion Cycle72.61204.76191.51148.15227.015.3731.8736.9122.560.000.000.00
Working Capital Days3.30151.00273.10342.381,571.283,660.742,236.352,136.69334.24296.56-53.53-64.58
ROCE %6.66%-1.41%-8.96%-1.22%-9.07%-6.22%-0.43%-1.07%2.95%0.95%0.61%15.80%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters57.24%57.24%57.24%57.24%57.24%59.05%59.05%58.15%58.15%58.15%46.29%58.15%
Public42.77%42.76%42.77%42.77%42.77%40.95%40.95%41.86%41.86%41.84%53.71%41.85%
No. of Shareholders2,1642,1432,3272,3272,3742,4532,4382,4292,4182,4642,4792,436

Fundamentals

Market Cap₹ 63.7 Cr.
Current Price₹ 115
Stock P/E22.6
Book Value₹ 23.7
ROCE15.8 %
ROE14.4 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)9%
Compounded Profit Growth (TTM)1275%
Standalone figures.
Valuation
Market capRs 70 Cr
Enterprise valueRs 70 Cr
P/E (TTM)24.88x
Price to book5.38x
Price to sales53.97x
EV / EBITDA21.94x
EV / EBIT21.94x
EV / sales53.84x
Earnings yield4.02%
P/E, 3-year average15.57x
P/B, 3-year average1.28x
P/E, 5-year average51.25x
P/B, 5-year average0.89x
Profitability
Operating margin (excl. other income)-64.62%
Operating margin (incl. other income)190.00%
EBITDA margin245.38%
Pre-tax margin232.31%
Net profit margin216.92%
Net margin, latest quarter46.88%
ROE18.36%
ROCE19.12%
ROA15.60%
ROE, 3-year average5.34%
ROCE, 3-year average6.89%
ROA, 3-year average4.59%
ROE, 5-year average3.26%
ROCE, 5-year average5.91%
ROA, 5-year average2.79%
ROIC (approx.)23.69%
Tax rate4.35%
Other income / net worth25.38%
Growth
Sales growth (latest year)-13.33%
Sales CAGR, 3 years-9.95%
Sales CAGR, 5 years0.63%
Profit CAGR, 3 years253.03%
Sales growth QoQ68.42%
Profit growth QoQ350.00%
Sales growth YoY (latest quarter)108.70%
Per share
EPS (TTM)Rs 5.09
EPS (latest year)Rs 3.97
EPS (latest quarter)Rs 0.81
EPS, 3-year averageRs 1.17
EPS, 5-year averageRs 0.71
Book value per shareRs 23.52
Sales per shareRs 2.34
Cash flow per shareRs -0.61
Free cash flow per shareRs 4.69
Efficiency
Asset turnover0.09x
Fixed asset turnover1.73x
Creditor days33 days
Cash conversion cycle0 days
Working capital days-65 days
Leverage
Cash and bankRs 0 Cr
Net debtRs -0 Cr
Net debt / EBITDA-0.05x
Interest coverage18.76x
Owners' fund to total sources92.29%
Cash flow
Cash from Operating Activity (latest year)Rs -0 Cr
Cash from Investing Activity (latest year)Rs 6 Cr
Cash from Financing Activity (latest year)Rs -6 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 3 Cr
Cash from ops / profit, 5 years-0.88x
Statement figures
Net sales (TTM)Rs 1 Cr
Net sales (latest year)Rs 1 Cr
Sales (latest quarter)Rs 1 Cr
Operating profit excl. other income (latest year)Rs -1 Cr
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 4 Cr
EBITDA (TTM)Rs 3 Cr
PBDT (TTM)Rs 3 Cr
Profit before tax (TTM)Rs 3 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 3 Cr
Net profit (latest year)Rs 2 Cr
Net profit (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 1 Cr
Total expenditure (latest year)Rs 2 Cr
Total income (latest year)Rs 5 Cr
Share capitalRs 6 Cr
ReservesRs 8 Cr
Shareholders' fundsRs 13 Cr
Total assetsRs 14 Cr
Net blockRs 1 Cr
Other liabilitiesRs 1 Cr
Shares outstanding (crore)0.55
Ownership
Promoter holding58.15% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 24.9 is at the 62th percentile of its own 4.8-year range (median 16.7, low 0.6, high 98.0).
P/B 5.38 is at the 98th percentile (median 0.41).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
Period531280Nifty 50Difference
1 week-5.0%-2.8% -2.2 pts
1 month+4.3%-6.8% +11.1 pts
3 months+78.4%-7.6% +86.1 pts
3 years+1761.0%+14.2% +1746.9 pts
5 years+2609.9%+27.9% +2582.0 pts

Red flags

F-score 4 of 8
explainWeak cash conversion Cash from operations was -24% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 18% of total assets in 2026
lookProfit leans on other income Other income was 144% of pre-tax profit in 2026
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

Jun 2026
Sales ₹1 Cr +108.7% vs Jun 2025. Net profit ₹0 Cr +364.7%.

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 Pankaj Polymers Ltd?

Pankaj Polymers Ltd (531280) has a market capitalisation of Rs 63.7 Cr. at the 2026-10-01 close.

What is the P/E ratio of Pankaj Polymers Ltd?

Pankaj Polymers Ltd trades at a P/E of 22.6 on trailing twelve-month profit, at the 2026-10-01 close.

What were Pankaj Polymers Ltd's latest quarterly results?

In the Jun 2026 quarter, Pankaj Polymers Ltd sales was Rs 1 Cr (+108.7% vs Jun 2025) and net profit was Rs 0 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03