MarketFriction

Nahar Polyfilms Ltd

NSE NAHARPOLY · BSE 523391 · Packaging
₹225.64 +0.16%
NSE close2026-10-01
52 week range200.00 - 338.80
Market cap₹570 Cr.
P/E7.88
Price band 20% Delivery 63.0%

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

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales137154153168169173157197172167168160
Expenses121154151153146158133169145147136145
Operating Profit16-02152315232828203115
OPM %12%-0.2%1.1%9%13%9%15%14%16%12%19%9%
Other Income3242647361245
Interest333332222222
Depreciation888888888888
Profit before tax8-9-56179202023222510
Tax %8%-5%-61%29%33%23%34%27%30%26%21%38%
Net Profit12-518178141821192012
EPS in Rs4.95-2.110.373.387.083.055.757.428.457.868.344.75
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales260255252266277303489723600666704667
Expenses215223232252235238370642579590597573
Operating Profit45312014426611982217610795
OPM %17%12%8%5%15%22%24%11%3.5%11%15%14%
Other Income2231454511182425
Interest853100312121087
Depreciation22221422263232323232
Profit before tax177612446811442-12519180
Tax %36%-25%33%32%27%25%25%26%-24%31%26%
Net Profit15191112376398436477972
EPS in Rs6.107.664.664.9715.1625.4639.7417.572.3119.2732.0629.40
Dividend Payout %8%7%11%10%7%6%6%9%66%5%5%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth10%18%-1%-4%
Compounded Profit Growth18%4%22%26%
Stock Price CAGR16%-1%-3%-22%
Return on Equity7%7%5%9%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital131313131313131313131313
Reserves197210394444445378513900767786789854
Borrowings9145302204581731631269679
Other Liabilities915981110695836345154
Total Liabilities3092824454874684046531,1449799599481,000
Fixed Assets89674532312928293269237210180
CWIP0000021172200022
Investments157162338387387279366715568623588611
Other Assets6353626750758713514298150186
Total Assets3092824454874684046531,1449799599481,000
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity242423184094-24110175750
Cash from Investing Activity-0-0-1-6-40-136-92-37-11-3-25
Cash from Financing Activity-24-23-22-11-142115-41-38-41-38
Net Cash Flow-0001-11-032-3313-13
Free Cash Flow2424221719-58-125103165126
CFO/OP60%89%137%150%119%168%-0%148%90%84%68%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days383947482912142113151712
Inventory Days161630303037407534353955
Days Payable77121011111181189911
Cash Conversion Cycle474864684839-658640424756
Working Capital Days72939444677-25718234032
ROCE %9%3%2%3%10%14%14%5%-0%6%11%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters71.05%71.08%71.48%71.88%71.88%71.88%72.22%72.24%72.28%72.28%72.51%72.51%
FIIs0.06%0.07%0.06%0.11%0.03%0.05%0.03%0.10%0.10%0.03%0.03%0.03%
DIIs0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.27%0.01%0.01%0.01%0.01%
Public28.87%28.84%28.45%27.98%28.08%28.04%27.75%27.38%27.63%27.69%27.45%27.47%
No. of Shareholders25,61724,33824,21322,67222,76422,15721,87120,62020,40419,74319,35119,210

Fundamentals

Market Cap₹ 570 Cr.
Current Price₹ 230
Stock P/E7.88
Book Value₹ 353
ROCE10.6 %
ROE9.27 %
Dividend Yield0.65 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)-4%
Compounded Profit Growth (TTM)26%
Consolidated figures.
Valuation
Market capRs 555 Cr
Enterprise valueRs 633 Cr
P/E (TTM)7.67x
Price to book0.64x
Price to sales0.83x
EV / EBITDA5.28x
EV / EBIT7.23x
EV / sales0.95x
Price to cash flow11.03x
Earnings yield13.03%
Dividend yield0.68%
P/E, 3-year average31.27x
P/B, 3-year average0.58x
P/E, 5-year average24.19x
P/B, 5-year average0.79x
Profitability
Operating margin (excl. other income)15.22%
Operating margin (incl. other income)18.60%
EBITDA margin17.98%
Pre-tax margin12.03%
Net profit margin10.83%
Net margin, latest quarter7.30%
ROE9.45%
ROCE10.69%
ROA8.09%
ROE, 3-year average5.36%
ROCE, 3-year average5.80%
ROA, 3-year average4.55%
ROE, 5-year average6.96%
ROCE, 5-year average7.36%
ROA, 5-year average5.72%
ROIC (approx.)6.87%
Tax rate25.79%
Other income / net worth2.75%
Growth
Sales growth (latest year)5.75%
Profit growth (latest year)66.40%
Sales CAGR, 3 years-0.88%
Sales CAGR, 5 years18.34%
Profit CAGR, 3 years22.20%
Profit CAGR, 5 years4.72%
Sales growth QoQ-4.63%
Profit growth QoQ-43.02%
Sales growth YoY (latest quarter)-18.72%
Profit growth YoY (latest quarter)-35.96%
Per share
EPS (TTM)Rs 29.40
EPS (latest year)Rs 32.06
EPS (latest quarter)Rs 4.75
EPS, 3-year averageRs 17.88
EPS, 5-year averageRs 22.19
Book value per shareRs 352.52
Sales per shareRs 271.42
Cash flow per shareRs 20.45
Free cash flow per shareRs 10.57
Dividend per share (latest year)Rs 1.53
Dividend per share, 3-year averageRs 1.36
Dividend per share, 5-year averageRs 1.64
Dividends
Dividend payout4.78%
Dividend payout, 3-year average25.49%
Dividend payout, 5-year average18.33%
Efficiency
Asset turnover0.70x
Fixed asset turnover3.91x
Inventory turnover7.27x
Inventory days50 days
Debtor days12 days
Debtors turnover29.28x
Creditor days11 days
Cash conversion cycle56 days
Working capital days32 days
Leverage
Total debtRs 79 Cr
Cash and bankRs 1 Cr
Net debtRs 78 Cr
Debt to equity0.09x
Net debt / EBITDA0.65x
Interest coverage12.12x
Owners' fund to total sources86.68%
Debt to assets7.90%
Cash flow
Cash from Operating Activity (latest year)Rs 50 Cr
Cash from Investing Activity (latest year)Rs -25 Cr
Cash from Financing Activity (latest year)Rs -38 Cr
Net Cash Flow (latest year)Rs -13 Cr
Free cash flow (latest year)Rs 26 Cr
FCFE (approx.: FCF + change in debt)Rs 9 Cr
Cash from ops / profit, 5 years0.77x
Sales to cash flow14.01x
Statement figures
Net sales (TTM)Rs 667 Cr
Net sales (latest year)Rs 704 Cr
Sales (latest quarter)Rs 160 Cr
Operating profit excl. other income (latest year)Rs 107 Cr
Operating profit (latest quarter)Rs 15 Cr
Other income (TTM)Rs 25 Cr
EBITDA (TTM)Rs 120 Cr
PBDT (TTM)Rs 113 Cr
Profit before tax (TTM)Rs 80 Cr
Tax (latest year)Rs 23 Cr
Net profit (TTM)Rs 72 Cr
Net profit (latest year)Rs 79 Cr
Net profit (latest quarter)Rs 12 Cr
Depreciation (TTM)Rs 32 Cr
Depreciation (latest quarter)Rs 8 Cr
Interest (TTM)Rs 7 Cr
Cost of goods sold (latest year)Rs 510 Cr
Total expenditure (latest year)Rs 597 Cr
Total income (latest year)Rs 728 Cr
Share capitalRs 13 Cr
ReservesRs 854 Cr
Shareholders' fundsRs 867 Cr
Total assetsRs 1,000 Cr
Net blockRs 180 Cr
Capital work in progressRs 22 Cr
InvestmentsRs 611 Cr
ReceivablesRs 24 Cr
InventoryRs 70 Cr
Other liabilitiesRs 54 Cr
Shares outstanding (crore)2.46
Ownership
Promoter holding72.51% (+0.27 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 7.7 is at the 35th percentile of its own 9.4-year range (median 8.5, low 4.0, high 140.0).
P/B 0.64 is at the 48th percentile (median 0.64).
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.
PeriodNAHARPOLYNifty 50Difference
1 week-0.4%-2.8% +2.4 pts
1 month-9.8%-6.8% -3.0 pts
3 months-11.3%-7.6% -3.7 pts
6 months+11.0%+0.4% +10.6 pts
1 year-26.4%-9.9% -16.4 pts
2 years-11.6%-13.6% +1.9 pts
3 years-10.2%+14.2% -24.3 pts
5 years-7.3%+27.9% -35.2 pts

Red flags

F-score 7 of 8
No 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 2026
Sales ₹160 Cr -18.8% vs Jun 2025. Net profit ₹12 Cr -33.3%.
Against our estimate for Jun 2026: sales -20.2%, profit -48.6% big miss. Our estimate for Sep 2026: sales Rs 162 Cr, profit Rs 19 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-04Dividend - Rs 1.50 Per Share
2025-09-04Dividend - Re 1 Per Share
2024-09-06Dividend - Re 1 Per Share
2023-09-08Dividend - Rs 1.50 Per Share
2022-08-11Dividend - Rs 2.50 Per Share
2021-09-16 Dividend - Rs 1.50 Per Share
2020-09-17 Dividend - Re 1 Per Share
2019-09-12 Dividend - Rs 0.50 Per Share
2018-09-10 Dividend Re 0.50 Per Share
2017-08-31 Dividend - Re 0.50 Per Share
2016-09-08 Annual General Meeting/Dividend - Re 0.50 Per Share
2015-09-10 Annual General Meeting
2014-09-11Annual General Meeting
2013-09-19Annual General Meeting
2012-09-18Dividend Rs.0.50 Per Share
2011-09-08Dividend-Re.0.35 Per Share
2010-09-16Dividend-Re.0.35 Per Share
2009-09-18Dividend-Re.0.35 Pr Share
2008-09-18Dividend - 10%
2007-09-03Dividend-15%
DateTypeWhat it says
2026-09-26Shareholder meetingVoting results.
2026-09-25Director changeChange in Director(s) of the company.
2026-09-25Shareholder meetingProceedings of Annual General Meeting held on September 25, 2026
2026-09-03UpdatesDemat Report for the month of August, 2026.
2026-09-02UpdatesLetters sent to shareholders under Regulation 36(1)(b) of SEBI (LODR) Regulations, 2015..
2026-08-29Shareholder meetingNotice of Annual General Meeting to be held on September 25, 2026
2026-08-05Director changeChange in Director(s) of the company.
2026-08-05Record DateRecord date for the purpose of Dividend is 04-Sep-2026.
2026-08-05Board meeting outcomeNahar Poly Films Limited has submitted to the Exchange, the financial results for the period ended June 30, 2026.
2026-08-03UpdatesDemat Report for the month of July, 2026.
2026-07-03Disclosure under SEBI TakeovSankheshwar Holding Company Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of ...
2026-07-02UpdatesDemat Report For The Month of June, 2026.
2026-06-18UpdatesIntimation sent to shareholders holding shares in physical form with respect to mandatory furnishing of PAN, KYC details etc..
2026-06-02UpdatesDemat Report For The Month of May, 2026.
2026-05-28AppointmentAppointment of Ms. Sakshi Maheshwari as Company Secretary & Compliance Officer of the company w.e.f. May 28, 2026.
2026-05-28DividendBoard of Directors at its meeting held on May 28, 2026, recommended Final Dividend of Rs. 1.50 per equity share.
2026-05-28Board meeting outcomeNahar Poly Films Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-02UpdatesDemat Report for the month of April, 2026.
2026-04-21Disclosure under SEBI TakeovSankheshwar Holding Company Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of ...
2026-04-08Credit RatingCredit Rating
2026-04-02UpdatesDEMAT REPORT FOR THE MONTH OF MARCH, 2026.
2026-03-23Change in ManagementChange in Management
2026-03-23CessationCessation of Ms Priya as Company Secretary & Compliance Officer of the company w.e.f. March 27, 2026.
2026-03-05UpdatesDEMAT REPORT FOR THE MONTH OF FEBRUARY, 2026.
2026-02-07Board meeting outcomeNahar Poly Films Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
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.
Less than 100 unique PAN traded in previous 30 days

Quick answers

What is the market cap of Nahar Polyfilms Ltd?

Nahar Polyfilms Ltd (NAHARPOLY) has a market capitalisation of Rs 570 Cr. at the 2026-10-01 close.

What is the P/E ratio of Nahar Polyfilms Ltd?

Nahar Polyfilms Ltd trades at a P/E of 7.88 on trailing twelve-month profit, at the 2026-10-01 close.

What were Nahar Polyfilms Ltd's latest quarterly results?

In the Jun 2026 quarter, Nahar Polyfilms Ltd sales was Rs 160 Cr (-18.8% vs Jun 2025) and net profit was Rs 12 Cr.

What is the 52-week high and low of Nahar Polyfilms Ltd?

The 52-week high is Rs 338.80 and the 52-week low is Rs 200.00.

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