MarketFriction

Technopack Polymers Ltd

BSE 543656 · Plastic Products - Consumer
₹12.20 -7.99%
BSE close2026-10-01
Market cap₹14.3 Cr.
P/E11.8

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
Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales4.616.305.227.195.769.288.043.944.50
Expenses2.864.393.515.353.627.166.082.812.66
Operating Profit1.751.911.711.842.142.121.961.131.84
OPM %37.96%30.32%32.76%25.59%37.15%22.84%24.38%28.68%40.89%
Other Income0.040.020.180.140.000.130.000.100.00
Interest0.140.100.100.270.300.340.140.160.15
Depreciation0.250.190.190.371.670.770.630.560.68
Profit before tax1.401.641.601.340.171.141.190.511.01
Tax %29.29%26.83%26.88%26.12%17.65%24.56%26.89%21.57%20.79%
Net Profit0.991.201.170.990.130.850.870.400.81
EPS in Rs4.951.521.080.920.120.790.810.370.75
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales3.205.789.9811.5212.7617.288.37
Expenses2.935.226.287.878.9813.225.46
Operating Profit0.270.563.703.653.784.062.91
OPM %8.44%9.69%37.07%31.68%29.62%23.50%34.77%
Other Income0.360.380.050.200.330.170.16
Interest0.260.330.250.230.570.510.31
Depreciation0.340.590.520.392.041.401.24
Profit before tax0.030.022.983.231.502.321.52
Tax %0.00%0.00%29.19%26.63%25.33%26.29%20.39%
Net Profit0.040.022.112.371.131.721.21
EPS in Rs0.200.1010.552.191.051.591.12
Dividend Payout %0.00%0.00%4.74%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%8%-10%-52%
Compounded Profit Growth%127%-19%-30%
Stock Price CAGR%%-34%-33%
Return on Equity%12%7%6%
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital1.001.001.005.405.4010.8010.80
Reserves-0.020.002.0011.6912.829.1310.34
Borrowings2.574.493.892.317.402.922.85
Other Liabilities0.030.372.381.020.560.960.47
Total Liabilities3.585.869.2720.4226.1823.8124.46
Fixed Assets1.542.862.131.788.519.118.28
CWIP0.000.000.000.000.000.000.00
Investments0.040.000.220.232.860.000.00
Other Assets2.003.006.9218.4114.8114.7016.18
Total Assets3.585.869.2720.4226.1823.8124.46
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0.050.540.72-0.720.264.111.40
Cash from Investing Activity-0.30-2.050.25-4.20-9.220.98-0.41
Cash from Financing Activity0.161.59-0.959.384.52-4.96-0.38
Net Cash Flow-0.090.080.014.45-4.450.130.61
Free Cash Flow-0.26-1.360.93-0.77-8.502.100.99
CFO/OP22%100%44%4%20%116%57%
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days11.4164.4180.1035.1735.4724.9248.84
Inventory Days161.08106.46287.37498.63534.87360.941,397.03
Days Payable0.0028.7393.298.662.9712.1811.66
Cash Conversion Cycle172.49142.14274.17525.14567.37373.691,434.21
Working Capital Days213.3073.25113.01284.52270.03197.50512.40
ROCE %7.74%52.02%25.48%9.20%11.68%7.81%
Nov 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Promoters73.52%73.52%73.52%73.52%73.56%73.56%73.56%73.56%
Public26.49%26.49%26.48%26.47%26.45%26.45%26.43%26.44%
No. of Shareholders425441472446423428409396

Fundamentals

Market Cap₹ 14.3 Cr.
Current Price₹ 13.3
Stock P/E11.8
Book Value₹ 19.6
ROCE7.81 %
ROE5.89 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-52%
Compounded Profit Growth (TTM)-30%
Standalone figures.
Valuation
Market capRs 7 Cr
Enterprise valueRs 4 Cr
P/E (TTM)2.78x
Price to book0.39x
Price to sales0.57x
EV / EBITDA1.12x
EV / EBIT1.25x
EV / sales0.38x
Earnings yield35.97%
P/E, 3-year average9.58x
P/B, 3-year average1.33x
Profitability
Operating margin (excl. other income)31.68%
Operating margin (incl. other income)33.42%
EBITDA margin33.42%
Pre-tax margin28.04%
Net profit margin20.57%
ROE23.59%
ROCE26.32%
ROA15.96%
ROE, 3-year average46.96%
ROCE, 3-year average36.60%
ROA, 3-year average14.76%
ROIC (approx.)17.12%
Tax rate26.63%
Other income / net worth1.17%
Growth
Sales growth (latest year)15.43%
Profit growth (latest year)12.32%
Sales CAGR, 3 years53.26%
Profit CAGR, 3 years289.85%
Per share
EPS (TTM)Rs 4.39
EPS (latest year)Rs 4.39
EPS, 3-year averageRs 8.56
Book value per shareRs 31.65
Sales per shareRs 21.33
Cash flow per shareRs -1.33
Free cash flow per shareRs 1.83
Dividend per share, 3-year averageRs 1.00
Dividends
Dividend payout, 3-year average4.74%
Efficiency
Asset turnover0.56x
Fixed asset turnover6.47x
Inventory turnover0.85x
Inventory days430 days
Debtor days35 days
Debtors turnover10.38x
Creditor days12 days
Cash conversion cycle1434 days
Working capital days512 days
Leverage
Total debtRs 2 Cr
Cash and bankRs 5 Cr
Net debtRs -2 Cr
Debt to equity0.14x
Net debt / EBITDA-0.59x
Interest coverage15.04x
Owners' fund to total sources83.69%
Debt to assets11.31%
Cash flow
Cash from Operating Activity (latest year)Rs -1 Cr
Cash from Investing Activity (latest year)Rs -4 Cr
Cash from Financing Activity (latest year)Rs 9 Cr
Net Cash Flow (latest year)Rs 4 Cr
Free cash flow (latest year)Rs 1 Cr
FCFE (approx.: FCF + change in debt)Rs -1 Cr
Cash from ops / profit, 5 years0.68x
Statement figures
Net sales (TTM)Rs 12 Cr
Net sales (latest year)Rs 12 Cr
Operating profit excl. other income (latest year)Rs 4 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 4 Cr
PBDT (TTM)Rs 4 Cr
Profit before tax (TTM)Rs 3 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 2 Cr
Net profit (latest year)Rs 2 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 7 Cr
Total expenditure (latest year)Rs 8 Cr
Total income (latest year)Rs 12 Cr
Share capitalRs 5 Cr
ReservesRs 12 Cr
Shareholders' fundsRs 17 Cr
Total assetsRs 20 Cr
Net blockRs 2 Cr
InvestmentsRs 0 Cr
ReceivablesRs 1 Cr
InventoryRs 8 Cr
Other liabilitiesRs 1 Cr
Shares outstanding (crore)0.54
Ownership
Promoter holding73.56% (+0.04 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 0.39 is at the 3th percentile (median 3.87).
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.
Period543656Nifty 50Difference
1 week+8.3%-2.8% +11.0 pts
1 month+0.0%-6.8% +6.8 pts
3 years-74.0%+14.2% -88.1 pts

Red flags

F-score 2 of 8
explainWeak cash conversion Cash from operations was 12% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 15% of total assets in 2026
explainShare dilution Share count up 440% in a year, 440% in three
lookInventory outrunning sales Inventory grew 91% vs sales +15% 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

Mar 2026
Sales ₹4 Cr -21.9% vs Mar 2024. Net profit ₹1 Cr +523.1%.

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 Technopack Polymers Ltd?

Technopack Polymers Ltd (543656) has a market capitalisation of Rs 14.3 Cr. at the 2026-10-01 close.

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

Technopack Polymers Ltd trades at a P/E of 11.8 on trailing twelve-month profit, at the 2026-10-01 close.

What were Technopack Polymers Ltd's latest quarterly results?

In the Mar 2026 quarter, Technopack Polymers Ltd sales was Rs 4 Cr (-21.9% vs Mar 2024) and net profit was Rs 1 Cr.

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