MarketFriction

Command Polymers Ltd

BSE 543843 · Plastic Products - Industrial
₹21.00 +0.00%
BSE close2026-08-26
Market cap₹19.7 Cr.
P/E37.9
No trades in 30 days

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 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales20.666.684.319.152.282.128.63
Expenses19.396.205.588.401.114.754.34
Operating Profit1.270.48-1.270.751.17-2.634.29
OPM %6.15%7.19%-29.47%8.20%51.32%-124.06%49.71%
Other Income0.080.000.010.020.030.000.05
Interest0.420.280.420.310.540.310.40
Depreciation0.260.290.420.390.350.380.35
Profit before tax0.67-0.09-2.100.070.31-3.323.59
Tax %28.36%644.44%19.05%114.29%-29.03%0.00%-6.69%
Net Profit0.48-0.68-2.51-0.010.41-3.323.83
EPS in Rs0.51-0.73-2.68-0.010.44-3.544.08
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales1.2810.8916.3519.4723.0410.8410.5410.75
Expenses0.7210.2315.4318.0221.5611.549.519.08
Operating Profit0.560.660.921.451.48-0.701.031.67
OPM %43.75%6.06%5.63%7.45%6.42%-6.46%9.77%15.53%
Other Income0.000.000.020.010.16-0.050.940.05
Interest0.270.260.340.740.570.740.850.72
Depreciation0.260.280.330.370.450.710.730.73
Profit before tax0.030.120.270.350.62-2.200.390.27
Tax %0.00%25.00%25.93%-8.57%30.65%-8.18%-43.59%-88.89%
Net Profit0.030.090.200.380.42-2.020.560.52
EPS in Rs0.040.130.290.560.45-2.150.600.55
Dividend Payout %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%-8%-22%2%
Compounded Profit Growth%21%19%-7%
Stock Price CAGR%%-6%-36%
Return on Equity%0%-2%3%
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital6.846.846.846.849.389.389.389.38
Reserves2.282.372.482.867.745.736.296.78
Borrowings2.512.385.146.857.9210.7610.8414.17
Other Liabilities6.644.818.072.341.561.390.594.67
Total Liabilities18.2716.4022.5318.8926.6027.2627.1035.00
Fixed Assets3.754.265.647.1012.6914.0213.7913.66
CWIP0.000.000.000.000.180.490.000.00
Investments4.784.783.780.000.000.000.000.00
Other Assets9.747.3613.1111.7913.7312.7513.3121.34
Total Assets18.2716.4022.5318.8926.6027.2627.1035.00
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0.011.12-1.76-3.675.85-5.09-0.17-1.79
Cash from Investing Activity-0.05-0.79-0.691.97-6.26-3.960.95-1.06
Cash from Financing Activity0.00-0.392.431.717.622.13-0.772.61
Net Cash Flow-0.03-0.05-0.030.017.21-6.920.01-0.25
Free Cash Flow-0.040.33-3.45-5.49-0.22-5.82-0.19-1.85
CFO/OP4%171%-189%-252%401%710%-16%-107%
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days2,537.89131.39118.54110.4215.2126.9463.03197.95
Inventory Days189.8058.06140.7082.8363.30259.36327.82509.15
Days Payable4,504.10157.91167.6834.9313.2530.8114.39186.71
Cash Conversion Cycle-1,776.4131.5491.57158.3265.26255.49376.45520.38
Working Capital Days268.0519.448.7156.990.79104.38128.13367.38
ROCE %3.27%4.68%7.03%4.95%-5.50%4.73%3.48%
Mar 2022Mar 2023Sep 2023Mar 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters38.39%38.39%38.39%38.39%38.39%38.39%38.39%38.39%38.39%38.39%38.39%38.39%
Public61.61%61.61%61.61%61.60%61.61%61.61%61.61%61.61%61.61%61.61%61.60%61.60%
No. of Shareholders303182123898688918485807979

Fundamentals

Market Cap₹ 19.7 Cr.
Current Price₹ 21.0
Stock P/E37.9
Book Value₹ 17.2
ROCE3.48 %
ROE3.27 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)2%
Compounded Profit Growth (TTM)-7%
Standalone figures.
Valuation
Market capRs 20 Cr
Enterprise valueRs 30 Cr
Price to book1.30x
Price to sales1.82x
EV / sales2.76x
Earnings yield-10.26%
P/E, 3-year average60.21x
P/B, 3-year average1.53x
P/E, 5-year average60.21x
P/B, 5-year average1.53x
Profitability
Operating margin (excl. other income)-6.46%
Operating margin (incl. other income)-6.92%
EBITDA margin-6.92%
Pre-tax margin-20.30%
Net profit margin-18.63%
ROE-12.53%
ROCE-5.74%
ROA-7.50%
ROE, 3-year average-1.80%
ROCE, 3-year average2.34%
ROA, 3-year average-1.27%
ROE, 5-year average-0.45%
ROCE, 5-year average2.99%
ROA, 5-year average-0.45%
ROIC (approx.)-5.29%
Tax rate8.18%
Other income / net worth-0.33%
Growth
Sales growth (latest year)-52.95%
Profit growth (latest year)-580.95%
Sales CAGR, 3 years-12.80%
Sales CAGR, 5 years53.31%
Per share
EPS (TTM)Rs -2.15
EPS (latest year)Rs -2.15
EPS, 3-year averageRs -0.38
EPS, 5-year averageRs -0.15
Book value per shareRs 16.11
Sales per shareRs 11.56
Cash flow per shareRs -5.43
Free cash flow per shareRs -1.97
Efficiency
Asset turnover0.40x
Fixed asset turnover0.77x
Inventory turnover1.41x
Inventory days259 days
Debtor days27 days
Debtors turnover13.55x
Creditor days187 days
Cash conversion cycle520 days
Working capital days367 days
Leverage
Total debtRs 11 Cr
Cash and bankRs 1 Cr
Net debtRs 10 Cr
Debt to equity0.71x
Interest coverage-1.97x
Owners' fund to total sources55.43%
Debt to assets39.47%
Cash flow
Cash from Operating Activity (latest year)Rs -5 Cr
Cash from Investing Activity (latest year)Rs -4 Cr
Cash from Financing Activity (latest year)Rs 2 Cr
Net Cash Flow (latest year)Rs -7 Cr
Free cash flow (latest year)Rs -2 Cr
FCFE (approx.: FCF + change in debt)Rs 1 Cr
Statement figures
Net sales (TTM)Rs 11 Cr
Net sales (latest year)Rs 11 Cr
Operating profit excl. other income (latest year)Rs -1 Cr
Other income (TTM)Rs -0 Cr
EBITDA (TTM)Rs -1 Cr
PBDT (TTM)Rs -1 Cr
Profit before tax (TTM)Rs -2 Cr
Tax (latest year)Rs -0 Cr
Net profit (TTM)Rs -2 Cr
Net profit (latest year)Rs -2 Cr
Depreciation (TTM)Rs 1 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 11 Cr
Total expenditure (latest year)Rs 12 Cr
Total income (latest year)Rs 11 Cr
Share capitalRs 9 Cr
ReservesRs 6 Cr
Shareholders' fundsRs 15 Cr
Total assetsRs 27 Cr
Net blockRs 14 Cr
Capital work in progressRs 0 Cr
ReceivablesRs 1 Cr
InventoryRs 8 Cr
Other liabilitiesRs 1 Cr
Shares outstanding (crore)0.94
Ownership
Promoter holding38.39% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 1.30 is at the 3th percentile (median 2.59).
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.
Period543843Nifty 50Difference
3 years-17.3%+14.2% -31.5 pts

Red flags

F-score 1 of 8
explainHigh accruals Profit exceeded operating cash by 11% of total assets in 2026
explainShare dilution Share count up 0% in a year, 38% in three
explainDebt up, profit down Borrowings up 36% while net profit fell in 2026
lookInventory outrunning sales Inventory grew 111% vs sales -53% 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 ₹9 Cr +100.2% vs Mar 2024. Net profit ₹4 Cr +252.6%.

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 Command Polymers Ltd?

Command Polymers Ltd (543843) has a market capitalisation of Rs 19.7 Cr. at the 2026-08-26 close.

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

Command Polymers Ltd trades at a P/E of 37.9 on trailing twelve-month profit, at the 2026-08-26 close.

What were Command Polymers Ltd's latest quarterly results?

In the Mar 2026 quarter, Command Polymers Ltd sales was Rs 9 Cr (+100.2% vs Mar 2024) and net profit was Rs 4 Cr.

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