MarketFriction

Sylvan Plyboard (India) Ltd

NSE SYLVANPLY · Plywood Boards/ Laminates
₹52.00 +0.00%
NSE close2026-09-21
52 week range40.00 - 74.40
Market cap₹101 Cr.
P/E14.2
IPO 2024 · -5% since Price band 5% Delivery 100.0%

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

Standalone, Rs crore
Sep 2024Mar 2025Sep 2025Mar 2026
Sales107135120132
Expenses97124109122
Operating Profit10111110
OPM %9%8%9%8%
Other Income1111
Interest5654
Depreciation1222
Profit before tax5555
Tax %25%23%26%28%
Net Profit3443
EPS in Rs1.751.811.951.76
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales169104164188213231243
Expenses15596153175195210221
Operating Profit1481113182122
OPM %8%8%6%7%9%9%9%
Other Income-0111221
Interest87679109
Depreciation2222234
Profit before tax41459910
Tax %24%27%22%23%31%24%27%
Net Profit3034677
EPS in Rs3.010.413.353.804.273.563.71
Dividend Payout %0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%18%9%5%
Compounded Profit Growth%79%28%4%
Stock Price CAGR%%%-21%
Return on Equity%5%6%6%
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital9999141919
Reserves7071747982106113
Borrowings46474655556364
Other Liabilities57395361677476
Total Liabilities183166181204218262272
Fixed Assets19192020233129
CWIP0001100
Investments0000000
Other Assets163147161183193231242
Total Assets183166181204218262272
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-6511914013
Cash from Investing Activity45-3-4-1-7-3
Cash from Financing Activity-73-5-8-78-12
Net Cash Flow-9133-271-1
Free Cash Flow-84878-911
CFO/OP-30%75%107%79%86%13%73%
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days841029075698285
Inventory Days355541326374349394399
Days Payable161176140161155161159
Cash Conversion Cycle278467276288263315325
Working Capital Days109211132122110134137
ROCE %6%7%9%12%11%10%
Jun 2024Sep 2024Mar 2025Sep 2025Mar 2026
Promoters73.53%73.53%73.53%73.53%73.68%
FIIs0.39%0.04%0.04%0.03%0.00%
DIIs0.31%0.00%0.00%0.00%0.00%
Public25.77%26.43%26.43%26.44%26.32%
No. of Shareholders2,1381,023955918884

Fundamentals

Market Cap₹ 101 Cr.
Current Price₹ 52.0
Stock P/E14.2
Book Value₹ 68.3
ROCE9.83 %
ROE5.52 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)5%
Compounded Profit Growth (TTM)4%
Standalone figures.
Valuation
Market capRs 101 Cr
Enterprise valueRs 153 Cr
P/E (TTM)28.54x
Price to book1.14x
Price to sales0.54x
EV / EBITDA10.75x
EV / EBIT12.87x
EV / sales0.81x
Price to cash flow10.66x
Earnings yield3.50%
Profitability
Operating margin (excl. other income)6.99%
Operating margin (incl. other income)7.56%
EBITDA margin7.56%
Pre-tax margin2.45%
Net profit margin1.88%
ROE4.13%
ROCE8.73%
ROA1.83%
ROE, 3-year average2.78%
ROCE, 3-year average7.38%
ROA, 3-year average1.27%
ROIC (approx.)6.49%
Tax rate23.43%
Other income / net worth1.23%
Growth
Sales growth (latest year)14.67%
Profit growth (latest year)15.74%
Sales CAGR, 3 years3.55%
Profit CAGR, 3 years8.81%
Per share
EPS (TTM)Rs 1.82
EPS (latest year)Rs 3.80
EPS, 3-year averageRs 2.52
Book value per shareRs 45.48
Sales per shareRs 96.92
Cash flow per shareRs 4.88
Free cash flow per shareRs 5.68
Efficiency
Asset turnover0.92x
Fixed asset turnover9.43x
Inventory turnover1.10x
Inventory days331 days
Debtor days75 days
Debtors turnover4.87x
Creditor days159 days
Cash conversion cycle325 days
Working capital days137 days
Leverage
Total debtRs 55 Cr
Cash and bankRs 3 Cr
Net debtRs 52 Cr
Debt to equity0.62x
Net debt / EBITDA3.66x
Interest coverage1.64x
Owners' fund to total sources43.20%
Debt to assets26.97%
Cash flow
Cash from Operating Activity (latest year)Rs 9 Cr
Cash from Investing Activity (latest year)Rs -4 Cr
Cash from Financing Activity (latest year)Rs -8 Cr
Net Cash Flow (latest year)Rs -2 Cr
Free cash flow (latest year)Rs 11 Cr
FCFE (approx.: FCF + change in debt)Rs 20 Cr
Cash from ops / profit, 5 years1.74x
Sales to cash flow19.87x
Statement figures
Net sales (TTM)Rs 188 Cr
Net sales (latest year)Rs 188 Cr
Operating profit excl. other income (latest year)Rs 13 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 14 Cr
PBDT (TTM)Rs 7 Cr
Profit before tax (TTM)Rs 5 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 4 Cr
Net profit (latest year)Rs 4 Cr
Depreciation (TTM)Rs 2 Cr
Interest (TTM)Rs 7 Cr
Cost of goods sold (latest year)Rs 145 Cr
Total expenditure (latest year)Rs 175 Cr
Total income (latest year)Rs 189 Cr
Share capitalRs 9 Cr
ReservesRs 79 Cr
Shareholders' fundsRs 88 Cr
Total assetsRs 204 Cr
Net blockRs 20 Cr
Capital work in progressRs 1 Cr
ReceivablesRs 39 Cr
InventoryRs 132 Cr
Other liabilitiesRs 61 Cr
Shares outstanding (crore)1.94
Ownership
Promoter holding73.68% (+0.15 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 1.14 is at the 7th percentile (median 1.60).
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.
PeriodSYLVANPLYNifty 50Difference
1 week-2.0%-2.8% +0.8 pts
1 month-3.2%-6.8% +3.6 pts
3 months+15.4%-7.6% +23.0 pts
6 months-13.3%+0.4% -13.7 pts
1 year-9.4%-9.9% +0.5 pts

Red flags

F-score 6 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

No quarterly results published.

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.
Less than 100 unique PAN traded in previous 30 daysSME scrip is not regularly traded

Quick answers

What is the market cap of Sylvan Plyboard (India) Ltd?

Sylvan Plyboard (India) Ltd (SYLVANPLY) has a market capitalisation of Rs 101 Cr. at the 2026-09-21 close.

What is the P/E ratio of Sylvan Plyboard (India) Ltd?

Sylvan Plyboard (India) Ltd trades at a P/E of 14.2 on trailing twelve-month profit, at the 2026-09-21 close.

What is the 52-week high and low of Sylvan Plyboard (India) Ltd?

The 52-week high is Rs 74.40 and the 52-week low is Rs 40.00.

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