Price
Financials
Standalone, Rs crore| Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 19 | 33 | 30 | 44 | 43 | 39 | 43 | 49 | 43 | 53 | 45 | 58 |
| Expenses | 17 | 30 | 28 | 40 | 40 | 35 | 36 | 44 | 37 | 47 | 39 | 51 |
| Operating Profit | 2 | 3 | 2 | 4 | 4 | 4 | 7 | 4 | 6 | 6 | 6 | 7 |
| OPM % | 12% | 10% | 7% | 9% | 9% | 10% | 17% | 9% | 13% | 11% | 12% | 12% |
| Other Income | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 2 | 3 | 2 | 3 | 3 | 3 | 7 | 3 | 5 | 5 | 5 | 6 |
| Tax % | 25% | 27% | 21% | 15% | 22% | 26% | 23% | 40% | 26% | 25% | 29% | 23% |
| Net Profit | 1 | 2 | 2 | 3 | 3 | 2 | 5 | 2 | 4 | 4 | 4 | 5 |
| EPS in Rs | 1.28 | 1.54 | 1.30 | 2.04 | 1.87 | 1.78 | 3.78 | 1.49 | 2.69 | 2.84 | 2.60 | 3.54 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 46 | 47 | 45 | 55 | 68 | 63 | 52 | 74 | 82 | 92 | 96 | 103 |
| Expenses | 44 | 44 | 43 | 53 | 65 | 59 | 47 | 68 | 74 | 81 | 84 | 90 |
| Operating Profit | 2 | 2 | 2 | 2 | 3 | 4 | 6 | 6 | 8 | 11 | 12 | 13 |
| OPM % | 5% | 4.6% | 3.5% | 3.6% | 3.9% | 6% | 11% | 8% | 10% | 12% | 12% | 12% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Interest | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Depreciation | 0 | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 1 | 1 | 1 | 2 | 3 | 5 | 5 | 6 | 10 | 10 | 11 |
| Tax % | 34% | 46% | 43% | 28% | 28% | 22% | 26% | 24% | 24% | 28% | 26% | 26% |
| Net Profit | 1 | 0 | 0 | 1 | 1 | 2 | 4 | 4 | 5 | 7 | 7 | 8 |
| EPS in Rs | 62.00 | 50.00 | 47.00 | 92.00 | 138.00 | 32.71 | 2.60 | 3.10 | 3.66 | 5.27 | 5.53 | 6.14 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 5% | 5% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 8% | 15% | 8% | 7% | ||
| Compounded Profit Growth | 32% | 18% | 19% | 11% | ||
| Stock Price CAGR | % | 20% | -28% | -10% | ||
| Return on Equity | 23% | 21% | 21% | 19% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 2 | 2 | 13 | 13 | 13 | 13 |
| Reserves | 2 | 3 | 3 | 4 | 6 | 8 | 14 | 18 | 12 | 18 | 26 | 34 |
| Borrowings | 4 | 3 | 2 | 4 | 3 | 3 | 2 | 1 | 2 | 1 | 1 | 2 |
| Other Liabilities | 12 | 13 | 16 | 17 | 17 | 15 | 9 | 18 | 10 | 8 | 9 | 10 |
| Total Liabilities | 18 | 19 | 21 | 25 | 25 | 25 | 28 | 39 | 37 | 41 | 49 | 59 |
| Fixed Assets | 3 | 2 | 2 | 2 | 3 | 3 | 3 | 6 | 5 | 6 | 6 | 9 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 15 | 16 | 19 | 22 | 22 | 22 | 25 | 33 | 31 | 35 | 43 | 50 |
| Total Assets | 18 | 19 | 21 | 25 | 25 | 25 | 28 | 39 | 37 | 41 | 49 | 59 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 4 | 2 | 1 | 2 | 3 | -4 | 5 | -0 | 5 | 0 | 10 | |
| Cash from Investing Activity | -1 | -0 | 0 | -1 | -1 | -0 | -4 | -1 | -2 | -1 | -6 | |
| Cash from Financing Activity | -3 | -1 | -1 | -2 | -1 | 4 | -2 | 1 | -2 | -1 | 1 | |
| Net Cash Flow | -0 | 0 | 0 | -1 | 1 | -1 | -1 | -0 | 1 | -1 | 5 | |
| Free Cash Flow | 3 | 2 | 1 | 1 | 2 | -5 | 1 | -1 | 3 | -1 | 4 | |
| CFO/OP | 197% | 118% | 111% | 77% | 86% | -54% | 121% | 11% | 66% | 25% | 96% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 87 | 88 | 99 | 88 | 73 | 72 | 96 | 84 | 68 | 75 | 80 | 90 |
| Inventory Days | 17 | 19 | 30 | 32 | 27 | 26 | 35 | 49 | 56 | 49 | 70 | 48 |
| Days Payable | 103 | 105 | 131 | 109 | 89 | 91 | 59 | 78 | 40 | 21 | 22 | 21 |
| Cash Conversion Cycle | 1 | 2 | -2 | 11 | 11 | 7 | 72 | 55 | 85 | 104 | 128 | 116 |
| Working Capital Days | 9 | 12 | 9 | 2 | 5 | 6 | 77 | 58 | 79 | 92 | 118 | 111 |
| ROCE % | 28% | 30% | 22% | 23% | 25% | 33% | 36% | 30% | 28% | 34% | 29% | 26% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 73.54% | 73.54% | 73.54% | 73.54% | 73.54% | 73.54% | 73.54% | 73.54% | 73.54% | 73.54% | 73.54% | 73.54% |
| FIIs | 0.42% | 0.42% | 0.42% | 0.42% | 1.27% | 1.27% | 1.27% | 1.27% | 1.27% | 1.27% | 1.27% | 1.27% |
| Public | 26.04% | 26.05% | 26.04% | 26.04% | 25.20% | 25.20% | 25.20% | 25.19% | 25.19% | 25.19% | 25.18% | 25.20% |
| No. of Shareholders | 348 | 390 | 439 | 373 | 406 | 450 | 461 | 466 | 664 | 648 | 632 | 625 |
Fundamentals
Market Cap₹ 87.9 Cr.
Current Price₹ 65.3
Stock P/E10.6
Book Value₹ 35.3
ROCE25.7 %
ROE19.1 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)7%
Compounded Profit Growth (TTM)11%
Standalone figures.
Valuation
Market capRs 88 Cr
Enterprise valueRs 84 Cr
P/E (TTM)10.63x
Price to book1.85x
Price to sales0.85x
EV / EBITDA6.54x
EV / EBIT7.32x
EV / sales0.81x
Price to cash flow9.24x
Earnings yield9.41%
P/E, 3-year average18.77x
P/B, 3-year average3.87x
P/E, 5-year average19.26x
P/B, 5-year average3.88x
Profitability
Operating margin (excl. other income)12.31%
Operating margin (incl. other income)12.46%
EBITDA margin12.46%
Pre-tax margin10.82%
Net profit margin8.03%
ROE19.08%
ROCE25.69%
ROA15.31%
ROE, 3-year average21.63%
ROCE, 3-year average29.48%
ROA, 3-year average16.65%
ROE, 5-year average21.83%
ROCE, 5-year average29.28%
ROA, 5-year average15.07%
ROIC (approx.)19.57%
Tax rate25.76%
Other income / net worth0.32%
Growth
Sales growth (latest year)7.10%
Profit growth (latest year)11.16%
Sales CAGR, 3 years7.78%
Sales CAGR, 5 years14.58%
Profit CAGR, 3 years18.90%
Profit CAGR, 5 years18.70%
Per share
EPS (TTM)Rs 6.14
EPS (latest year)Rs 6.14
EPS, 3-year averageRs 5.65
EPS, 5-year averageRs 8.48
Book value per shareRs 35.27
Sales per shareRs 76.52
Cash flow per shareRs 7.07
Free cash flow per shareRs 2.97
Dividend per share, 5-year averageRs 0.99
Dividends
Dividend payout, 5-year average4.53%
Efficiency
Asset turnover1.73x
Fixed asset turnover11.24x
Inventory turnover8.30x
Inventory days44 days
Debtor days90 days
Debtors turnover4.06x
Creditor days21 days
Cash conversion cycle116 days
Working capital days111 days
Leverage
Total debtRs 2 Cr
Cash and bankRs 6 Cr
Net debtRs -4 Cr
Debt to equity0.04x
Net debt / EBITDA-0.31x
Interest coverage35.81x
Owners' fund to total sources79.90%
Debt to assets2.83%
Cash flow
Cash from Operating Activity (latest year)Rs 10 Cr
Cash from Investing Activity (latest year)Rs -6 Cr
Cash from Financing Activity (latest year)Rs 1 Cr
Net Cash Flow (latest year)Rs 5 Cr
Free cash flow (latest year)Rs 4 Cr
FCFE (approx.: FCF + change in debt)Rs 5 Cr
Cash from ops / profit, 5 years0.65x
Sales to cash flow10.83x
Statement figures
Net sales (TTM)Rs 103 Cr
Net sales (latest year)Rs 103 Cr
Operating profit excl. other income (latest year)Rs 13 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 13 Cr
PBDT (TTM)Rs 13 Cr
Profit before tax (TTM)Rs 11 Cr
Tax (latest year)Rs 3 Cr
Net profit (TTM)Rs 8 Cr
Net profit (latest year)Rs 8 Cr
Depreciation (TTM)Rs 1 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 84 Cr
Total expenditure (latest year)Rs 90 Cr
Total income (latest year)Rs 103 Cr
Share capitalRs 13 Cr
ReservesRs 34 Cr
Shareholders' fundsRs 47 Cr
Total assetsRs 59 Cr
Net blockRs 9 Cr
InvestmentsRs 0 Cr
ReceivablesRs 25 Cr
InventoryRs 10 Cr
Other liabilitiesRs 10 Cr
Shares outstanding (crore)1.35
Ownership
Promoter holding73.54% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 10.6 is at the 17th percentile of its own 6.0-year range
(median 14.7, low 9.2, high 56.1).
P/B 1.85 is at the 1th percentile (median 4.05).
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.
| Period | 543239 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +2.1% | -2.8% | +4.9 pts |
| 1 month | -12.6% | -6.8% | -5.9 pts |
| 3 years | -65.1% | +14.2% | -79.3 pts |
| 5 years | +156.8% | +27.9% | +128.9 pts |
Red flags
F-score 5 of 8No red flags in the latest statements and filings.
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
Mar 2026Sales ₹58 Cr +18.4% vs Mar 2024.
Net profit ₹5 Cr +150.0%.
Activity
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| Kingfa Science & Technology (India) Ltd | 8,842 | 39.2 | 23.2 % |
| Prince Pipes & Fittings Ltd | 2,830 | 27.2 | 6.03 % |
| Apollo Pipes Ltd | 2,258 | 1.23 % | |
| Jain Irrigation Systems Ltd | 2,065 | 5.30 % | |
| Jai Corp Ltd | 1,611 | 17.1 | 11.8 % |
| Premier Polyfilm Ltd | 1,007 | 28.8 | 28.9 % |
| R M Drip & Sprinklers Systems Ltd | 1,004 | 28.5 | 38.3 % |
| Prakash Pipes Ltd | 591 | 12.0 | 12.4 % |
| Shish Industries Ltd | 574 | 168 | 6.80 % |
| Dhabriya Polywood Ltd | 500 | 15.4 | 25.6 % |
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 G M Polyplast Ltd?
G M Polyplast Ltd (543239) has a market capitalisation of Rs 87.9 Cr. at the 2026-09-24 close.
What is the P/E ratio of G M Polyplast Ltd?
G M Polyplast Ltd trades at a P/E of 10.6 on trailing twelve-month profit, at the 2026-09-24 close.
What were G M Polyplast Ltd's latest quarterly results?
In the Mar 2026 quarter, G M Polyplast Ltd sales was Rs 58 Cr (+18.4% vs Mar 2024) and net profit was Rs 5 Cr.