Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,034 | 984 | 1,077 | 1,233 | 1,135 | 1,186 | 1,420 | 914 | 410 | 558 | 675 | 696 |
| Expenses | 1,008 | 1,016 | 1,084 | 1,198 | 1,068 | 1,110 | 1,363 | 899 | 399 | 618 | 1,232 | 686 |
| Operating Profit | 25 | -33 | -7 | 35 | 67 | 76 | 56 | 15 | 11 | -60 | -557 | 10 |
| OPM % | 2.4% | -3.3% | -0.7% | 2.9% | 6% | 6% | 4.0% | 1.6% | 2.7% | -11% | -83% | 1.4% |
| Other Income | 88 | 129 | 62 | 281 | 245 | 19 | -101 | 123 | 50 | 82 | -760 | 170 |
| Interest | 33 | 81 | 29 | 27 | 128 | 16 | 171 | 34 | 33 | 41 | 38 | 30 |
| Depreciation | 57 | 62 | 45 | 55 | 42 | 40 | 59 | 45 | 47 | 57 | 2 | 43 |
| Profit before tax | 23 | -46 | -18 | 235 | 141 | 40 | -275 | 58 | -18 | -76 | -1,356 | 107 |
| Tax % | 47% | -58% | 2% | 28% | 17% | 90% | -35% | 37% | -27% | 27% | -27% | -1% |
| Net Profit | 12 | -19 | -19 | 168 | 117 | 4 | -179 | 36 | -13 | -97 | -988 | 107 |
| EPS in Rs | 2.78 | -4.44 | -4.31 | 38.38 | 26.62 | 0.94 | -40.87 | 8.42 | -2.92 | -22.01 | -225.51 | 24.66 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7,225 | 7,005 | 6,448 | 3,623 | 3,546 | 4,082 | 5,878 | 4,697 | 3,926 | 5,335 | 2,899 | 2,339 |
| Expenses | 6,244 | 6,316 | 5,821 | 3,172 | 2,874 | 2,975 | 4,443 | 4,335 | 3,925 | 5,064 | 3,482 | 2,935 |
| Operating Profit | 980 | 689 | 627 | 451 | 671 | 1,108 | 1,435 | 362 | 0 | 271 | -582 | -596 |
| OPM % | 14% | 10% | 10% | 12% | 19% | 27% | 24% | 8% | 0.0% | 5% | -20% | -25% |
| Other Income | 7 | 91 | 47 | -538 | 73 | 139 | 386 | 420 | 478 | 457 | -454 | -458 |
| Interest | 106 | 111 | 121 | 50 | 99 | 61 | 32 | 152 | 173 | 363 | 192 | 142 |
| Depreciation | 245 | 285 | 255 | 104 | 118 | 145 | 153 | 174 | 214 | 223 | 176 | 148 |
| Profit before tax | 636 | 385 | 298 | -241 | 527 | 1,040 | 1,636 | 455 | 91 | 142 | -1,404 | -1,344 |
| Tax % | 28% | 30% | 49% | 70% | 7% | 24% | 27% | 30% | 21% | 23% | -24% | |
| Net Profit | 456 | 269 | 152 | -409 | 489 | 791 | 1,196 | 319 | 72 | 110 | -1,062 | -991 |
| EPS in Rs | 80.45 | 42.79 | 19.45 | -93.30 | 111.56 | 180.57 | 273.11 | 72.83 | 16.32 | 25.07 | -242.03 | -225.78 |
| Dividend Payout % | 1% | 2% | 5% | -1% | 1% | 1% | 2% | 6% | 34% | 24% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -9% | -7% | -15% | -50% | ||
| Compounded Profit Growth | % | % | % | -32% | ||
| Stock Price CAGR | 6% | -8% | 0% | 20% | ||
| Return on Equity | 9% | 8% | 1% | -1% |
| 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 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 | 44 |
| Reserves | 1,731 | 2,172 | 2,322 | 2,433 | 2,213 | 1,811 | 2,598 | 3,789 | 4,164 | 3,951 | 4,074 | 3,007 |
| Borrowings | 1,870 | 1,953 | 2,036 | 1,036 | 1,112 | 1,426 | 916 | 1,206 | 4,085 | 4,468 | 4,420 | 4,004 |
| Other Liabilities | 2,166 | 2,498 | 2,594 | 926 | 1,211 | 1,104 | 1,260 | 1,535 | 1,247 | 1,938 | 2,251 | 1,668 |
| Total Liabilities | 5,812 | 6,668 | 6,996 | 4,439 | 4,581 | 4,384 | 4,818 | 6,574 | 9,539 | 10,401 | 10,789 | 8,723 |
| Fixed Assets | 2,454 | 3,014 | 3,109 | 1,786 | 2,060 | 2,362 | 2,466 | 2,636 | 3,050 | 3,223 | 3,132 | 2,455 |
| CWIP | 540 | 389 | 316 | 15 | 31 | 182 | 25 | 77 | 92 | 203 | 302 | 317 |
| Investments | 544 | 727 | 901 | 1,542 | 1,390 | 440 | 480 | 1,318 | 3,640 | 3,894 | 4,093 | 2,977 |
| Other Assets | 2,274 | 2,537 | 2,670 | 1,096 | 1,100 | 1,400 | 1,847 | 2,543 | 2,757 | 3,080 | 3,262 | 2,974 |
| Total Assets | 5,812 | 6,668 | 6,996 | 4,439 | 4,581 | 4,384 | 4,818 | 6,574 | 9,539 | 10,401 | 10,789 | 8,723 |
| 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 | 145 | 619 | 503 | 739 | 499 | 369 | 911 | 724 | -566 | 133 | 222 | -110 |
| Cash from Investing Activity | -391 | -646 | -457 | -1,349 | -548 | -417 | -443 | -1,078 | -2,369 | -82 | 166 | 859 |
| Cash from Financing Activity | 214 | 22 | -63 | 702 | 38 | 277 | -534 | 259 | 2,856 | -44 | -382 | -727 |
| Net Cash Flow | -32 | -5 | -17 | 92 | -10 | 229 | -66 | -95 | -78 | 6 | 6 | 22 |
| Free Cash Flow | 62 | 96 | 135 | 76 | 79 | -105 | 712 | 338 | -1,255 | -64 | -103 | -460 |
| CFO/OP | 42% | 83% | 94% | 128% | 128% | 74% | 105% | 74% | -36% | 43,223% | 115% | 11% |
| 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 | 34 | 37 | 35 | 9 | 15 | 13 | 9 | 13 | 19 | 33 | 28 | 29 |
| Inventory Days | 77 | 103 | 112 | 43 | 70 | 98 | 114 | 92 | 111 | 147 | 112 | 116 |
| Days Payable | 51 | 55 | 68 | 23 | 38 | 42 | 43 | 29 | 20 | 47 | 50 | 64 |
| Cash Conversion Cycle | 60 | 84 | 78 | 28 | 47 | 69 | 80 | 76 | 111 | 133 | 90 | 81 |
| Working Capital Days | 24 | 27 | 23 | 4 | 8 | 10 | 34 | 46 | 103 | 67 | 49 | 82 |
| ROCE % | 11% | 16% | 9% | 10% | 12% | 18% | 32% | 37% | 12% | 3% | 5% | -2% |
| 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 | 74.54% | 74.54% | 74.54% | 74.54% | 74.54% | 74.54% | 74.54% | 74.54% | 74.54% | 74.54% | 74.54% | 74.54% |
| FIIs | 3.02% | 3.08% | 3.00% | 2.96% | 2.87% | 3.79% | 3.54% | 3.12% | 3.39% | 3.44% | 2.55% | 1.93% |
| DIIs | 0.03% | 0.04% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.00% | 0.00% |
| Public | 22.40% | 22.34% | 22.44% | 22.49% | 22.58% | 21.68% | 21.90% | 22.34% | 22.06% | 22.00% | 22.91% | 23.52% |
| No. of Shareholders | 56,384 | 48,987 | 47,631 | 45,766 | 44,926 | 41,439 | 40,313 | 42,939 | 44,109 | 43,870 | 38,508 | 38,947 |
Fundamentals
Market Cap₹ 2,938 Cr.
Current Price₹ 675
Stock P/E50.2
Book Value₹ 697
ROCE-1.99 %
ROE-0.97 %
Dividend Yield0.87 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-50%
Compounded Profit Growth (TTM)-32%
Consolidated figures.
Valuation
Market capRs 2,862 Cr
Enterprise valueRs 6,741 Cr
Price to book0.94x
Price to sales1.22x
EV / sales2.88x
Earnings yield-34.55%
P/E, 3-year average27.61x
P/B, 3-year average0.76x
P/E, 5-year average16.54x
P/B, 5-year average0.82x
Profitability
Operating margin (excl. other income)-20.08%
Operating margin (incl. other income)-35.75%
EBITDA margin-45.07%
Pre-tax margin-57.47%
Net profit margin-42.28%
Net margin, latest quarter15.52%
ROE-29.57%
ROCE-15.55%
ROA-10.87%
ROE, 3-year average-8.37%
ROCE, 3-year average-2.15%
ROA, 3-year average-3.04%
ROE, 5-year average3.95%
ROCE, 5-year average8.29%
ROA, 5-year average3.17%
ROIC (approx.)-13.12%
Tax rate24.37%
Other income / net worth-14.89%
Growth
Sales growth (latest year)-45.65%
Profit growth (latest year)-1065.55%
Sales CAGR, 3 years-14.85%
Sales CAGR, 5 years-6.61%
Sales growth QoQ3.14%
Sales growth YoY (latest quarter)-23.84%
Profit growth YoY (latest quarter)192.92%
Per share
EPS (TTM)Rs -225.86
EPS (latest year)Rs -242.10
EPS (latest quarter)Rs 24.67
EPS, 3-year averageRs -66.90
EPS, 5-year averageRs 29.07
Book value per shareRs 696.73
Sales per shareRs 534.15
Cash flow per shareRs -25.04
Free cash flow per shareRs -105.06
Dividend per share, 3-year averageRs 5.70
Dividend per share, 5-year averageRs 5.18
Dividends
Dividend payout, 3-year average28.61%
Dividend payout, 5-year average16.24%
Efficiency
Asset turnover0.33x
Fixed asset turnover1.18x
Inventory turnover3.86x
Inventory days94 days
Debtor days29 days
Debtors turnover12.47x
Creditor days64 days
Cash conversion cycle81 days
Working capital days82 days
Leverage
Total debtRs 4,004 Cr
Cash and bankRs 125 Cr
Net debtRs 3,879 Cr
Debt to equity1.31x
Interest coverage-8.49x
Current ratio (filing 2026-03-31)3.18x
Quick ratio (filing 2026-03-31)2.78x
Trade payables (filing 2026-03-31)Rs 347 Cr
Owners' fund to total sources34.97%
Debt to assets45.90%
Cash flow
Cash from Operating Activity (latest year)Rs -110 Cr
Cash from Investing Activity (latest year)Rs 859 Cr
Cash from Financing Activity (latest year)Rs -727 Cr
Net Cash Flow (latest year)Rs 22 Cr
Free cash flow (latest year)Rs -460 Cr
FCFE (approx.: FCF + change in debt)Rs -876 Cr
Cash from ops / profit, 5 years0.63x
Statement figures
Net sales (TTM)Rs 2,339 Cr
Net sales (latest year)Rs 2,899 Cr
Sales (latest quarter)Rs 696 Cr
Operating profit excl. other income (latest year)Rs -582 Cr
Operating profit (latest quarter)Rs 10 Cr
Other income (TTM)Rs -458 Cr
EBITDA (TTM)Rs -1,054 Cr
PBDT (TTM)Rs -1,196 Cr
Profit before tax (TTM)Rs -1,344 Cr
Tax (latest year)Rs -342 Cr
Net profit (TTM)Rs -989 Cr
Net profit (latest year)Rs -1,060 Cr
Net profit (latest quarter)Rs 108 Cr
Depreciation (TTM)Rs 148 Cr
Depreciation (latest quarter)Rs 43 Cr
Interest (TTM)Rs 142 Cr
Cost of goods sold (latest year)Rs 2,415 Cr
Total expenditure (latest year)Rs 3,482 Cr
Total income (latest year)Rs 2,445 Cr
Share capitalRs 44 Cr
ReservesRs 3,007 Cr
Shareholders' fundsRs 3,051 Cr
Total assetsRs 8,723 Cr
Net blockRs 2,455 Cr
Capital work in progressRs 317 Cr
InvestmentsRs 2,977 Cr
ReceivablesRs 233 Cr
InventoryRs 625 Cr
Other liabilitiesRs 1,668 Cr
Shares outstanding (crore)4.38
Ownership
Promoter holding74.54% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 0.94 is at the 70th percentile (median 0.71).
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 | JINDALPOLY | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -6.6% | -2.8% | -3.8 pts |
| 1 month | -5.9% | -6.8% | +0.9 pts |
| 3 months | +5.4% | -7.6% | +13.0 pts |
| 6 months | -11.8% | +0.4% | -12.2 pts |
| 1 year | +13.4% | -9.9% | +23.3 pts |
| 2 years | -16.4% | -13.6% | -2.9 pts |
| 3 years | -3.0% | +14.2% | -17.2 pts |
| 5 years | -35.5% | +27.9% | -63.4 pts |
1 mutual fund schemes hold about ₹0 Cr.
Over three months 0 bought more and 0 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| Motilal Oswal BSE 1000 Index Fund | 0.00% | 0 |
Red flags
F-score 2 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
Jun 2026Sales ₹696 Cr -23.9% vs Jun 2025.
Net profit ₹107 Cr +197.2%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| EPL Ltd | 7,465 | 18.2 | 17.8 % |
| AGI Greenpac Ltd | 5,130 | 13.9 | 19.5 % |
| Uflex Ltd | 4,668 | 6.75 | 7.03 % |
| TCPL Packaging Ltd | 3,748 | 31.0 | 17.9 % |
| Polyplex Corporation Ltd | 3,329 | 21.4 | 0.89 % |
| XPRO India Ltd | 2,724 | 83.4 | 3.78 % |
| Cosmo First Ltd | 2,188 | 12.8 | 11.2 % |
| Knack Packaging Ltd | 2,161 | 21.2 | 34.1 % |
| Mold-Tek Packaging Ltd | 2,134 | 28.1 | 13.3 % |
| Huhtamaki India Ltd | 1,780 | 13.0 | 12.0 % |
| Arrow Greentech Ltd | 1,314 | 20.6 | 29.6 % |
| Commercial Syn Bags Ltd | 1,099 | 34.8 | 15.0 % |
| Dhunseri Ventures Ltd | 1,002 | 5.25 | 6.74 % |
| Ester Industries Ltd | 882 | 2.75 % | |
| Haldyn Glass Ltd | 830 | 26.8 | 13.5 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2025-09-23 | Dividend - Rs 5.90 Per Share | |
| 2024-09-23 | Annual General Meeting/Dividend - Rs 5.50 Per Share | |
| 2023-09-22 | Annual General Meeting/Dividend - Rs 4.30 Per Share | |
| 2022-09-21 | Annual General Meeting/Dividend - Rs 5 Per Share | |
| 2021-09-22 | Dividend - Rs 2 Per Share | |
| 2020-09-22 | Annual General Meeting/Dividend - Re 1 Per Share | |
| 2019-12-30 | Demerger | |
| 2019-09-17 | Dividend - Re 1 Per Share | |
| 2018-09-19 | Dividend Re 1 Per Share | |
| 2017-08-10 | Dividend - Re 1/- Per Share | |
| 2016-09-19 | Dividend - Re 1/- Per Share | |
| 2015-09-18 | Dividend - Re 1/- Per Share | |
| 2014-09-11 | Annual General Meeting / Dividend - Re 1/- Per Share | |
| 2013-09-12 | Annual General Meeting / Dividend - Re 1/- Per Share | |
| 2013-07-17 | Scheme Of Demerger | |
| 2012-09-20 | Annual General Meeting/Dividend Rs 2.50 Per Share | |
| 2011-09-15 | Annual General Meeting/Dividend Rs 2.50 Per Share | |
| 2010-10-22 | Bonus 1:1 | 0.5000 |
| 2010-09-16 | Annual General Meeting And Dividend Rs.10/- Per Share | |
| 2009-09-17 | Agm/Div-Rs.2/- Per Share | |
| 2008-09-18 | Agm/Dividend - 20% | |
| 2007-09-25 | Agm/Dividend-20% | |
| 2006-08-31 | Agm/Dividend-20% |
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.
| Order date | Forum | Case |
|---|---|---|
| 2021-08-05 | NCLT | Morex Corporation Ltd Vs Jindal Poly Films Ltd |
| 2021-07-20 | NCLT | Morex Corporation Ltd Vs Jindal Poly Films Ltd |
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
EPS in the scrip is zero (4 trailing quarters)High low price variation greater than 150perc in previous 12 months