Polyplex Corporation Limited

NSE: POLYPLEX · Unclassified

₹874.25-2.99%06 Nov 2026

Ask the data

Instant answers about Polyplex Corporation Limited — computed from its filings, no language model

Market cap₹2,744 cr

Current price₹874.25

High / Low₹1,230 / ₹748

P/E17.7

P/B0.65

Book value₹1,350.7

ROE3.7%

ROCE6.9%

Debt / equity0.22

Dividend yield1.67%

EPS (TTM)₹49.47

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 9 periods

	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	3,588	4,570	4,487	4,918	6,624	7,652	6,307	6,885	7,086
EBITDA	494	731	781	1,217	1,308	947	365	696	349
Operating margin	13.8%	16.0%	17.4%	24.7%	19.7%	12.4%	5.8%	10.1%	4.9%
Interest	39	29	18	18	16	35	42	46	53
Depreciation	185	209	253	280	273	296	307	300	363
Profit before tax	314	657	640	979	1,147	711	76	445	20
Tax	30	73	146	117	182	95	-10	88	-21
Net profit	159	330	282	512	569	348	38	209	45
EPS ₹	49.85	103.19	88.18	162.57	181.19	110.97	12.05	66.64	14.32
Operating cash flow	—	—	—	—	560	802	455	438	537
Capex	—	—	—	—	402	273	517	503	405
Dividend paid	—	—	—	—	479	420	58	76	46
Total assets	—	—	—	—	—	7,397	7,431	7,998	8,914
Equity	—	—	—	—	—	3,483	3,511	3,763	4,240

Quarterly performance

last 32 quarters · ₹ crore

showing latest 8 of 32 periods

	MAR '18	SEP '18	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
Revenue	980	1,173	1,170	1,162	1,117	1,088	1,092	1,190	1,160	1,227	1,237	1,294	1,440	1,548	1,751	1,886	2,033	2,089	1,667	1,561	1,572	1,496	1,679	1,686	1,739	1,721	1,740	1,739	1,794	1,682	1,871	2,254
Operating profit	147	208	179	183	223	198	213	90	312	181	329	264	274	257	349	379	360	242	55	61	121	50	97	164	191	121	64	-1	103	105	88	296
Operating margin	15.0%	17.8%	15.3%	15.7%	19.9%	18.2%	19.5%	7.5%	26.9%	14.7%	26.6%	20.4%	19.0%	16.6%	19.9%	20.1%	17.7%	11.6%	3.3%	3.9%	7.7%	3.3%	5.8%	9.7%	11.0%	7.0%	3.7%	-0.0%	5.7%	6.2%	4.7%	13.2%
Other income	17	21	35	62	27	74	3	15	106	13	14	57	7	20	89	61	75	86	64	12	24	45	17	26	100	107	18	30	23	27	62	25
Interest	16	8	7	7	5	4	4	5	5	4	4	4	4	4	4	5	7	7	11	12	10	10	10	13	11	12	11	14	13	13	13	17
Depreciation	38	51	53	55	53	56	61	83	69	69	71	71	67	65	69	72	71	72	78	75	75	75	82	70	79	76	76	86	89	94	94	94
Profit before tax	110	171	154	182	191	211	151	87	344	120	269	246	211	208	364	363	357	248	31	-13	59	8	21	107	202	142	-6	-71	23	25	43	211
Tax	6	12	22	5	37	17	27	65	14	17	44	41	25	39	59	59	46	48	10	-3	11	-9	-10	10	38	36	3	-11	-10	-5	5	40
Net profit	59	90	77	102	81	107	71	23	179	76	131	125	112	96	175	186	187	115	8	-3	28	5	8	54	88	58	10	-19	25	15	25	91
EPS ₹	18.32	28.14	24.15	31.86	25.33	33.48	22.19	7.18	56.26	24.37	41.84	39.92	35.52	30.59	55.89	59.18	59.58	36.64	2.42	-0.99	8.90	1.47	2.68	17.05	27.97	18.40	3.22	-6.15	7.87	4.70	7.90	29.00
Revenue YoY	—	—	—	18.6%	—	-7.2%	-6.7%	2.4%	3.8%	12.8%	13.3%	8.8%	24.2%	26.1%	41.5%	45.7%	41.2%	35.0%	-11.6%	-23.2%	-24.8%	—	0.7%	8.0%	10.6%	15.1%	3.6%	3.1%	3.2%	-2.3%	7.5%	29.6%
Profit YoY	—	—	—	74.0%	—	19.0%	-8.1%	-77.5%	120.5%	-28.6%	85.1%	445.6%	-37.6%	25.5%	33.6%	48.2%	67.7%	19.8%	-95.9%	-101.7%	-75.7%	—	10.6%	—	214.4%	1155.9%	20.1%	-136.1%	-71.9%	-74.5%	145.3%	—

Earlier results (standalone, Sep '07 – Dec '17)

₹ crore · from BSE, before the NSE XBRL filings begin

Polyplex Corporation Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

	FY09†	FY10†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†
Revenue	229	244	897	948	1,119	1,052	951	942
Operating profit	30	22	71	55	93	98	89	79
Operating margin	13.0%	9.0%	7.9%	5.8%	8.3%	9.3%	9.3%	8.4%
Other income	12	74	147	49	24	18	19	31
Interest	7	8	23	22	20	16	8	7
Depreciation	8	10	74	78	73	77	65	58
Profit before tax	27	77	51	5	24	23	25	44
Tax	10	21	-25	-0	-9	3	-2	7
Net profit	17	56	76	5	33	20	27	36

Quarters

showing latest 8 of 41 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†
Revenue	48	47	48	59	65	53	51	57	53	55	80	163	257	310	262	243	193	200	219	247	246	236	246	300	277	295	293	276	236	247	243	251	229	227	234	233	230	244	277	251	280
Operating profit	5	3	3	9	9	6	7	7	5	5	5	23	88	132	45	19	16	-9	23	30	24	-21	16	40	19	19	34	28	12	24	17	22	23	26	23	18	21	17	16	19	26
Operating margin	9.8%	7.2%	5.6%	14.6%	13.4%	10.5%	13.1%	12.8%	9.6%	8.2%	6.3%	14.1%	34.0%	42.6%	17.1%	7.8%	8.3%	-4.3%	10.3%	12.0%	9.8%	-9.1%	6.3%	13.2%	6.8%	6.5%	11.5%	10.2%	5.1%	9.8%	7.1%	8.8%	10.1%	11.4%	9.8%	7.7%	9.0%	7.0%	5.6%	7.5%	9.1%
Other income	6	2	2	2	8	1	1	56	10	1	7	21	4	12	2	35	3	107	18	6	3	22	13	5	3	2	2	10	3	3	8	6	2	3	12	3	12	3	16	15	25
Interest	2	1	1	2	2	2	1	2	2	2	4	8	9	11	7	7	6	2	5	5	5	6	5	4	5	6	4	5	4	3	3	2	2	1	2	2	2	2	2	2	1
Depreciation	2	2	2	2	2	2	2	2	2	2	4	8	8	8	8	9	9	48	19	20	20	18	17	18	18	20	16	24	19	17	16	16	16	17	14	15	15	15	13	13	13
Profit before tax	7	2	-0	7	13	3	4	59	11	2	5	28	75	125	32	38	4	-23	16	10	1	-23	7	23	-1	-4	15	10	-8	6	-3	10	7	11	20	4	16	4	17	19	36
Tax	2	1	-1	2	5	1	2	20	4	1	-4	9	25	35	2	6	0	-33	-1	2	-2	-0	-1	-1	-5	-3	3	4	-5	1	-4	1	0	1	3	1	3	-1	3	5	8
Net profit	5	1	1	4	9	2	2	40	7	1	9	19	50	90	30	32	4	10	17	8	3	-23	7	24	4	-2	12	6	-4	6	1	9	7	10	16	3	13	4	13	13	28
EPS ₹	3.43	0.88	0.69	2.66	5.55	0.94	1.56	24.79	4.41	0.52	5.35	11.59	31.16	28.22	9.28	10.20	1.27	3.08	5.38	2.53	0.97	-7.28	2.24	7.36	1.15	-0.56	3.68	1.94	-1.21	1.83	0.23	2.68	0.23	3.25	5.04	1.03	3.99	1.32	4.21	4.21	8.80
Revenue YoY	—	—	—	—	36.2%	13.4%	7.1%	-4.5%	-18.9%	3.4%	55.6%	188.2%	385.3%	459.4%	60.5%	-5.7%	-37.6%	—	-16.4%	1.9%	27.3%	18.2%	12.6%	21.3%	12.8%	24.9%	18.8%	-7.9%	-14.9%	-16.3%	-17.0%	-9.1%	-2.8%	-7.9%	-3.8%	-7.1%	0.2%	7.6%	18.3%	7.5%	21.9%
Profit YoY	—	—	—	—	76.9%	13.6%	125.2%	832.7%	-20.6%	-44.0%	242.4%	-53.2%	607.0%	10644.0%	60.0%	-35.0%	-95.5%	—	-42.1%	-75.0%	-24.0%	-336.3%	-58.3%	191.2%	19.0%	—	64.2%	-73.7%	-204.9%	—	-93.6%	38.4%	—	77.5%	2050.7%	-61.6%	76.5%	-59.5%	-16.6%	309.4%	120.5%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 25 periods

	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
ROE	—	—	—	—	—	—	—	—	—	—	—	—	—	18.7%	1.1%	1.1%	2.7%	4.1%	5.5%	5.6%	3.6%	1.8%	0.7%	1.1%	3.7%
ROCE	—	—	—	—	—	—	—	—	—	—	—	—	—	30.5%	3.2%	2.8%	5.7%	8.2%	11.1%	10.6%	6.8%	2.8%	0.5%	1.4%	6.9%
Net margin	7.6%	8.1%	8.1%	6.3%	8.4%	7.5%	8.5%	10.4%	8.6%	8.4%	8.4%	8.6%	8.9%	8.5%	0.6%	0.6%	1.5%	2.3%	3.0%	3.0%	2.0%	1.0%	0.4%	0.6%	2.0%
EBITDA margin	17.2%	17.2%	18.3%	16.1%	17.9%	17.0%	18.9%	22.1%	20.2%	20.4%	19.0%	19.0%	18.6%	17.1%	4.6%	5.2%	6.7%	7.6%	8.4%	7.8%	5.4%	4.1%	3.9%	4.2%	7.8%
Debt / equity	—	—	—	—	—	—	—	—	—	—	—	—	—	0.25	0.17	0.21	0.21	0.24	0.24	0.23	0.23	0.23	0.23	0.22	0.22
Interest coverage	27.27	32.95	36.99	36.53	44.61	39.60	46.30	56.66	53.54	60.73	65.81	70.51	68.02	59.17	2.97	2.79	5.52	8.70	11.43	10.66	6.64	2.78	0.46	1.38	6.38
Asset turnover	—	—	—	—	—	—	—	—	—	—	—	—	—	1.01	0.88	0.85	0.87	0.82	0.85	0.86	0.87	0.81	0.81	0.79	0.85

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 8 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26
Share capital	32	32	32	32	32	32	32	32
Other equity / reserves	3,518	3,451	3,436	3,479	3,718	3,731	4,008	4,208
Total equity	3,550	3,483	3,468	3,511	3,749	3,763	4,040	4,240
Borrowings	888	787	599	728	896	865	945	917
Current liabilities	1,403	1,111	1,059	1,136	1,300	1,305	1,466	1,605
Non-current liabilities	601	517	359	483	490	472	458	272
Total assets	7,697	7,397	7,122	7,431	8,025	7,998	8,616	8,914
Property, plant & equipment	3,160	3,249	3,083	2,998	3,045	3,939	4,016	4,195
Capital work-in-progress	130	196	297	628	791	36	89	70
Investments	351	275	230	374	345	340	328	348
Inventories	1,499	1,363	1,262	1,346	1,562	1,566	1,714	1,712
Receivables	1,176	921	882	971	1,045	1,016	1,019	1,125
Cash & equivalents	784	965	791	463	532	401	555	323

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	560	802	455	438	537
Cash from investing	1	-115	-796	-473	-509
Cash from financing	-232	-657	-152	-38	-133
Capex	402	273	517	503	405
Free cash flow	158	529	-62	-65	132
Dividends paid	479	420	58	76	46

Where the assets sit

Mar '26 · ₹ crore

Fixed assets (PPE)

₹4,195 cr47%

CWIP

₹70 cr1%

Investments

₹348 cr4%

Inventories

₹1,712 cr19%

Receivables

₹1,125 cr13%

Cash & equivalents

₹323 cr4%

Other assets

₹1,141 cr13%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Polyplex Corporation Limited	2,744	874.25	17.7	0.65	3.7%

StoxGud checklist: Neutral setup · 4/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-14.6%

6 months-7.0%

1 year-11.5%

3Y CAGR-6.2%

5Y CAGR-12.8%

10Y CAGR+9.8%

50-day avg₹1,044.27

200-day avg₹964.41

RSI (14)27

FAQs

What is the share price of Polyplex Corporation Limited?

Polyplex Corporation Limited (POLYPLEX) closed at ₹874.25 on NSE on 06 Nov 2026.

What is the market cap of Polyplex Corporation Limited?

₹2,744 crore at the latest close.

What is the P/E ratio of Polyplex Corporation Limited?

17.7, on trailing-twelve-month earnings from its filings.

How fast is Polyplex Corporation Limited growing?

Polyplex Corporation Limited: revenue has compounded at -2.5% a year over three years; net profit at -49.5% a year. Latest-quarter revenue is up 29.6% year on year.

How profitable is Polyplex Corporation Limited?

On a trailing-twelve-month basis return on equity is 3.7%, return on capital employed 6.9%, operating margin 7.8%, net margin 2.0%.

How much debt does Polyplex Corporation Limited have?

Polyplex Corporation Limited is lightly geared: debt to equity is 0.22 with borrowings of ₹917 cr against cash of ₹323 cr (balance sheet of 2026-03-31). Operating profit covers interest 6.4 times.

Financials parsed from Polyplex Corporation Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '18, annual from FY18, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.