Jindal Poly Films Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹291.74Overvalued by 59.20%vs CMP ₹715.00

P/E (53.5) × ROE (1.0%) × BV (₹697.00) × DY (0.82%)

₹886.57Undervalued by 24.00%vs CMP ₹715.00

MoS: +19.4% (Adequate)Confidence: 38/100 (Low)Models: 2 Under, 1 Fair, 3 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹91.39	33%	Over (-87.2%)
Graham Number	Earnings	₹627.02	24%	Over (-12.3%)
Net Asset Value	Assets	₹696.51	11%	Fair (-2.6%)
Earnings Yield	Earnings	₹250.70	11%	Over (-64.9%)
ROCE Capital	Returns	₹3,803.64	13%	Under (+432%)
Revenue Multiple	Revenue	₹1,217.92	8%	Under (+70.3%)
Consensus (6 models)		₹886.57	100%	Undervalued

Key Drivers: EPS CAGR -68.7% drags value — could be higher if earnings stabilize. | ROE 1.0% is below cost of equity.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -68.7%

*Investments are subject to market risks

Analysis summary

Data coverage: Price-data record updated 24 September 2026, 2:40 am +05:30. Annual results through Mar 2025; quarterly results through Dec 2025; cash flow through Mar 2026. Each section can have a different reporting period. The share price is not live.

Valuation in context

Operating performance

Revenue for Mar 2025 was ₹5,335.00 Cr, versus ₹3,926.00 Cr in Mar 2024 (35.9% year on year). Net profit for Mar 2025 was ₹110.00 Cr, versus ₹72.00 Cr in Mar 2024 (52.8% year on year). These are the latest annual periods stored on this page; check the quarterly table separately for more recent developments.

Cash generation

For the same Mar 2025 period, operating cash flow was ₹222.00 Cr against net profit of ₹110.00 Cr. Cash flow covered 2.02 times reported profit. Cash generation supports the reported profit for this period; check whether this continues over several years.

Balance-sheet check

Reported borrowings were ₹4,004.00 Cr in Mar 2026. Read this alongside cash, interest costs and repayment obligations; reserves are an accounting balance and are not the same as available cash.

How to use the valuation and peer comparisons

The Intrinsic Value panel combines the available model estimates using the displayed weights. Earnings, cash-flow, dividend and asset-based methods can give very different answers. The displayed 12% cost of equity and 4% terminal growth assumptions apply where relevant; historical EPS growth is not a promise of future growth. Use the individual values and their spread to judge sensitivity.

The peer group follows the stored industry classification and may include different business models. Compare reporting periods, leverage and recurring earnings before interpreting a valuation gap. For banks and other financial businesses, capital adequacy and asset quality can be more informative than industrial-company cash-flow ratios.

Sources: Company data source. Check the company filings linked by the source for the reporting basis and exceptional items.

Automatically generated interpretation of the stored financial data, not a separately researched analyst opinion. Missing data is not evidence of poor performance. New filings become available here after the existing data refresh process captures them.

Investment Snapshot

Jindal Poly Films Ltd scores 28/100 (Weak)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health38/100 · Weak

ROCE 2.0% WeakROE 1.0% WeakD/E 1.10 High debtInterest Coverage 1.9x RiskyProfitable 5/5 available years Reported history

Smart Money30/100 · Weak

FII holding down -1.46% (6mo) SellingPromoter holding at 74.5% Stable

Earnings Quality35/100 · Weak

CFO/NP ratio: -0.42x Poor cash conversionOPM contracting (16% → 3%) DecliningWorking capital: 49 days (improving) Efficient

Quarterly Momentum15/100 · Weak

Revenue (4Q): -33% YoY DecliningProfit (4Q): -194% YoY DecliningOPM: -21.0% (down 27.0% YoY) Margin pressure

Industry Rank10/100 · Weak

P/E 53.5 vs industry 22.4 Premium to peersROCE 2.0% vs industry 19.9% Below peersROE 1.0% vs industry 14.5% Below peers3Y sales CAGR: -3% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores use stored reporting periods and are screening indicators, not investment recommendations. Missing health ratios are excluded. Broad industry groups and financial-sector accounting can limit comparability.

Share Price and Basic Stock Data

Last Updated: September 24, 2026, 2:40 am

Market Cap	3,132 Cr.
Current Price	715
Intrinsic Value	₹886.57
High / Low	1,026/360
Stock P/E	53.5
Book Value	697
Dividend Yield	0.82 %
ROCE	1.99 %
ROE	0.97 %
Face Value	10.0
PEG Ratio	-0.78

Understand these figures: how to read the P/E ratio, ROE versus earnings per share, and calculate intrinsic value.

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Jindal Poly Films Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Jindal Poly Films Ltd	3,132 Cr.	715	1,026/360	53.5	697	0.82 %	1.99 %	0.97 %	10.0
XPRO India Ltd	2,872 Cr.	1,224	1,575/785	87.9	324	0.16 %	3.78 %	2.80 %	10.0
Polyplex Corporation Ltd	3,507 Cr.	1,117	1,268/740	22.6	1,351	0.27 %	0.89 %	0.54 %	10.0
Cosmo First Ltd	2,276 Cr.	867	996/561	13.3	616	0.46 %	11.2 %	10.4 %	10.0
VIP Industries Ltd	4,246 Cr.	299	473/278		20.4	0.00 %	28.9 %	92.4 %	2.00
Industry Average	2,455.97 Cr	383.46		26.62	180.69	0.24%	19.84%	15.48%	7.30

All Competitor Stocks of Jindal Poly Films Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	887	810	832	1,034	984	1,077	1,233	1,135	1,186	1,420	914	410	372
Expenses	970	784	819	1,008	1,016	1,084	1,198	1,068	1,110	1,363	899	399	449
Operating Profit	-83	25	13	25	-33	-7	35	67	76	56	15	11	-77
OPM %	-9%	3%	2%	2%	-3%	-1%	3%	6%	6%	4%	2%	3%	-21%
Other Income	74	4	199	88	129	62	281	245	19	-101	123	50	75
Interest	76	25	29	33	81	29	27	128	16	171	34	33	29
Depreciation	45	43	50	57	62	45	55	42	40	59	45	47	46
Profit before tax	-129	-40	133	23	-46	-18	235	141	40	-275	58	-18	-77
Tax %	-25%	871%	26%	47%	-58%	2%	28%	17%	90%	-35%	37%	-27%	25%
Net Profit	-97	-385	98	12	-19	-19	168	117	4	-179	36	-13	-97
EPS in Rs	-22.06	-87.90	22.29	2.78	-4.44	-4.31	38.38	26.62	0.94	-40.87	8.42	-2.92	-22.01

Last Updated: March 4, 2026, 6:46 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 24, 2026, 4:16 pm

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	5,143	7,557	7,225	7,005	6,448	3,623	3,546	4,082	5,878	4,697	3,926	5,335	3,115
Expenses	4,720	6,896	6,244	6,316	5,821	3,172	2,874	2,975	4,443	4,335	3,925	5,064	3,110
Operating Profit	422	662	980	689	627	451	671	1,108	1,435	362	0	271	5
OPM %	8%	9%	14%	10%	10%	12%	19%	27%	24%	8%	0%	5%	0%
Other Income	-1	-113	7	91	47	-538	73	139	386	420	478	457	147
Interest	126	91	106	111	121	50	99	61	32	152	173	363	267
Depreciation	188	229	245	285	255	104	118	145	153	174	214	223	197
Profit before tax	107	228	636	385	298	-241	527	1,040	1,636	455	91	142	-313
Tax %	38%	20%	28%	30%	49%	70%	7%	24%	27%	30%	21%	23%
Net Profit	67	182	456	269	152	-409	489	791	1,196	319	72	110	-253
EPS in Rs	18.60	41.01	80.45	42.79	19.45	-93.30	111.56	180.57	273.11	72.83	16.32	25.07	-57.38
Dividend Payout %	5%	3%	1%	2%	5%	-1%	1%	1%	2%	6%	34%	24%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	171.64%	150.55%	-41.01%	-43.49%	-369.08%	219.56%	61.76%	51.20%	-73.33%	-77.43%	52.78%
Change in YoY Net Profit Growth (%)	0.00%	-21.09%	-191.56%	-2.49%	-325.58%	588.64%	-157.80%	-10.56%	-124.53%	-4.10%	130.21%

Jindal Poly Films Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	-3%
5 Years:	9%
3 Years:	-3%
TTM:	20%

Compounded Profit Growth
10 Years:	-8%
5 Years:	-27%
3 Years:	-56%
TTM:	24%

Stock Price CAGR
10 Years:	5%
5 Years:	6%
3 Years:	-16%
1 Year:	-27%

Return on Equity
10 Years:	11%
5 Years:	14%
3 Years:	4%
Last Year:	2%

Last Updated: September 5, 2025, 8:20 am

Balance Sheet

Last Updated: September 10, 2026, 6:30 am

Month	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	1,671
Total Liabilities	5,812	6,668	6,996	4,439	4,581	4,384	4,818	6,574	9,539	10,401	10,789	8,726
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	2,977
Total Assets	5,812	6,668	6,996	4,439	4,581	4,384	4,818	6,574	9,539	10,401	10,789	8,726

Reserves and Borrowings Chart

Cash Flow

Month	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%

Free Cash Flow

Free cash flow reported in the stored cash-flow statement (₹ Cr)
Period	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Free Cash Flow	62.00	96.00	135.00	76.00	79.00	-105.00	712.00	338.00	-1,255.00	-64.00	-103.00	-460.00

This table and the chart use the Free Cash Flow row from the same stored cash-flow statement. Free cash flow generally measures operating cash flow after capital expenditure; check the source definition and reporting basis. It is not operating profit minus borrowings.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	61	34	37	35	9	15	13	9	13	19	33	28
Inventory Days	126	77	103	112	43	70	98	114	92	111	147	112
Days Payable	84	51	55	68	23	38	42	43	29	20	47	50
Cash Conversion Cycle	103	60	84	78	28	47	69	80	76	111	133	90
Working Capital Days	19	24	27	23	4	8	10	34	46	103	67	49
ROCE %	10%	11%	16%	9%	10%	12%	18%	32%	37%	12%	3%	5%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	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

Shareholding Pattern Chart

No. of Shareholders

Jindal Poly Films Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Motilal Oswal Nifty Microcap 250 Index Fund	10,854	0.15	0.68	10,854	2025-04-22 17:25:30	0%
Groww Nifty Total Market Index Fund	25	0	0	25	2025-04-22 17:25:30	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	25.08	16.33	72.85	273.20	180.62
Diluted EPS (Rs.)	25.08	16.33	72.85	273.20	180.62
Cash EPS (Rs.)	75.95	65.38	113.27	308.20	213.71
Book Value[Excl.RevalReserv]/Share (Rs.)	919.98	896.96	945.62	875.44	603.34
Book Value[Incl.RevalReserv]/Share (Rs.)	919.98	896.96	945.62	875.44	603.34
Revenue From Operations / Share (Rs.)	1218.40	896.53	1072.68	1342.33	932.32
PBDIT / Share (Rs.)	154.32	108.88	230.14	391.05	284.07
PBIT / Share (Rs.)	103.45	59.97	190.34	356.06	250.98
PBT / Share (Rs.)	33.62	20.91	104.64	373.69	237.62
Net Profit / Share (Rs.)	25.07	16.47	73.47	273.22	180.62
NP After MI And SOA / Share (Rs.)	25.07	16.33	72.85	273.20	180.62
PBDIT Margin (%)	12.66	12.14	21.45	29.13	30.46
PBIT Margin (%)	8.49	6.68	17.74	26.52	26.92
PBT Margin (%)	2.75	2.33	9.75	27.83	25.48
Net Profit Margin (%)	2.05	1.83	6.84	20.35	19.37
NP After MI And SOA Margin (%)	2.05	1.82	6.79	20.35	19.37
Return on Networth / Equity (%)	2.72	1.82	7.70	31.20	29.93
Return on Capital Employeed (%)	5.17	3.08	9.97	28.90	28.34
Return On Assets (%)	1.00	0.67	3.32	18.19	16.41
Long Term Debt / Equity (X)	0.78	0.79	0.79	0.17	0.21
Total Debt / Equity (X)	1.10	1.13	0.98	0.31	0.28
Asset Turnover Ratio (%)	0.49	0.38	0.58	1.04	0.89
Current Ratio (X)	3.16	3.19	4.24	2.07	2.07
Quick Ratio (X)	2.63	2.63	3.44	1.30	1.31
Inventory Turnover Ratio (X)	4.61	2.70	3.42	4.56	3.60
Dividend Payout Ratio (NP) (%)	21.93	26.33	6.86	0.73	0.55
Dividend Payout Ratio (CP) (%)	7.24	6.59	4.43	0.64	0.46
Earning Retention Ratio (%)	78.07	73.67	93.14	99.27	99.45
Cash Earning Retention Ratio (%)	92.76	93.41	95.57	99.36	99.54
Interest Coverage Ratio (X)	1.87	2.79	6.80	60.30	21.26
Interest Coverage Ratio (Post Tax) (X)	1.17	1.42	4.70	39.42	14.52
Enterprise Value (Cr.)	7374.13	6295.17	6214.93	5946.80	3689.95
EV / Net Operating Revenue (X)	1.38	1.60	1.32	1.01	0.90
EV / EBITDA (X)	10.91	13.20	6.17	3.47	2.97
MarketCap / Net Operating Revenue (X)	0.56	0.50	0.46	0.82	0.79
Retention Ratios (%)	78.06	73.66	93.13	99.26	99.44
Price / BV (X)	0.75	0.50	0.52	1.27	1.23
Price / Net Operating Revenue (X)	0.56	0.50	0.46	0.82	0.79
EarningsYield	0.03	0.03	0.14	0.24	0.24

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Frequently asked questions

What is the intrinsic value of Jindal Poly Films Ltd and is it undervalued?

Jindal Poly Films Ltd: the stored intrinsic value estimate is ₹886.57, compared with a stored share price of ₹715.00. The model value is 24.0% above that quote. The model classifies this as undervalued; it is an estimate dependent on the inputs and assumptions, not a price target or a buy/sell recommendation. The estimate uses the available valuation models and weights shown in the Intrinsic Value panel, including earnings, cash-flow and asset-based approaches where data permits. It is not a P/E-only calculation.

What share price and 52-week range are shown for Jindal Poly Films Ltd?

The stored share price is ₹715.00. Price-data record updated: 24 September 2026, 2:40 am +05:30. This is not a live quote. The stored 52-week high / low is 1,026/360; this is a rolling range, not a financial-year range.

How have Jindal Poly Films Ltd's revenue and profit changed?

Does Jindal Poly Films Ltd's profit convert into cash?

What should I check in Jindal Poly Films Ltd's balance sheet?

Reported borrowings were ₹4,004.00 Cr in Mar 2026. Read this alongside cash, interest costs and repayment obligations; reserves are an accounting balance and are not the same as available cash.

How should I compare Jindal Poly Films Ltd's P/E with other stocks?

The stored P/E is 53.50. Compare companies with similar business models, growth, leverage and accounting periods. The industry group on this page is broad, and its average can be affected by outliers. A lower P/E alone does not establish undervaluation.

What could change Jindal Poly Films Ltd's intrinsic value estimate?

Changes in sustainable earnings, cash generation, capital needs, debt and share count can change the estimate. The displayed model uses a 12% cost of equity and 4% terminal growth assumption where applicable. Higher discount rates or weaker growth generally reduce discounted values. Compare the individual model values and weights, and verify fresh filings before relying on the result.