Polyplex Corporation Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: August 1, 2025, 1:13 pm

Market Cap	3,488 Cr.
Current Price	1,111
High / Low	1,480/1,018
Stock P/E	16.7
Book Value	1,199
Dividend Yield	0.81 %
ROCE	7.19 %
ROE	5.75 %
Face Value	10.0
PEG Ratio	-1.02

Quick Insight

Polyplex Corporation Ltd, a player in the Packaging & Containers industry, currently trades at ₹1,120 with a MarketCap of ₹3,519 Cr. The stock's P/E stands at 16.8, indicating a reasonable valuation. However, the company's ROE and ROCE at 5.75% and 7.19% respectively suggest room for improvement in capital efficiency. With OPM at 3.67%, there's potential for margin enhancement. The firm's healthy reserves of ₹3,731 Cr provide stability, while its borrowings of ₹882 Cr and CCC of 132 days warrant monitoring for liquidity management. Despite a P/BV of 1.01x and a solid ICR of 17.17x, Polyplex should focus on boosting profitability and operational efficiency to drive shareholder value in the long term.

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Polyplex Corporation Ltd

Competitors of Polyplex Corporation Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Hindustan Tin Works Ltd	160 Cr.	154	239/133	13.0	207	0.81 %	7.92 %	5.84 %	10.0
Gujarat Containers Ltd	99.4 Cr.	176	200/157	12.0	90.5	0.85 %	18.4 %	17.4 %	10.0
Goblin India Ltd	23.4 Cr.	16.9	45.7/16.0	12.0	31.2	0.00 %	7.73 %	4.64 %	10.0
G K P Printing & Packaging Ltd	13.6 Cr.	6.20	9.73/4.85	16.0	10.2	0.00 %	4.87 %	3.87 %	10.0
Garware Hi Tech Films Ltd	8,352 Cr.	3,595	5,378/2,300	25.2	1,021	0.28 %	20.5 %	15.0 %	10.0
Industry Average	2,399.35 Cr	351.27		66.49	180.20	0.30%	12.37%	18.46%	7.38

All Competitor Stocks of Polyplex Corporation Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	1,885.87	2,032.58	2,089.29	1,863.34	1,667.07	1,560.52	1,572.09	1,495.57	1,678.69	1,685.60	1,738.86	1,721.16	1,739.56
Expenses	1,506.84	1,672.57	1,847.71	1,759.75	1,611.70	1,499.29	1,451.46	1,446.05	1,582.12	1,521.69	1,547.95	1,599.93	1,675.66
Operating Profit	379.03	360.01	241.58	103.59	55.37	61.23	120.63	49.52	96.57	163.91	190.91	121.23	63.90
OPM %	20.10%	17.71%	11.56%	5.56%	3.32%	3.92%	7.67%	3.31%	5.75%	9.72%	10.98%	7.04%	3.67%
Other Income	61.17	74.72	85.74	57.21	64.15	12.42	23.59	44.67	16.79	25.92	100.35	107.45	17.73
Interest	4.81	6.61	7.35	9.97	11.34	11.81	9.95	10.29	10.33	12.83	10.57	11.52	11.16
Depreciation	72.35	71.20	72.25	75.18	77.65	74.66	75.14	75.43	81.90	69.59	78.70	75.61	76.08
Profit before tax	363.04	356.92	247.72	75.65	30.53	-12.82	59.13	8.47	21.13	107.41	201.99	141.55	-5.61
Tax %	16.14%	12.86%	19.20%	-11.17%	33.61%	-19.58%	18.40%	-101.53%	-48.46%	9.57%	18.75%	25.73%	54.19%
Net Profit	304.44	311.01	200.16	84.10	20.27	-10.31	48.25	17.07	31.37	97.13	164.11	105.13	-8.65
EPS in Rs	59.18	59.58	36.64	12.32	2.42	-0.99	8.90	1.47	2.68	17.05	27.97	18.40	3.22

Last Updated: May 31, 2025, 8:07 am

Below is a detailed analysis of the quarterly data for Polyplex Corporation Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 1,739.56 Cr.. The value appears strong and on an upward trend. It has increased from 1,721.16 Cr. (Dec 2024) to 1,739.56 Cr., marking an increase of 18.40 Cr..
For Expenses, as of Mar 2025, the value is 1,675.66 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,599.93 Cr. (Dec 2024) to 1,675.66 Cr., marking an increase of 75.73 Cr..
For Operating Profit, as of Mar 2025, the value is 63.90 Cr.. The value appears to be declining and may need further review. It has decreased from 121.23 Cr. (Dec 2024) to 63.90 Cr., marking a decrease of 57.33 Cr..
For OPM %, as of Mar 2025, the value is 3.67%. The value appears to be declining and may need further review. It has decreased from 7.04% (Dec 2024) to 3.67%, marking a decrease of 3.37%.
For Other Income, as of Mar 2025, the value is 17.73 Cr.. The value appears to be declining and may need further review. It has decreased from 107.45 Cr. (Dec 2024) to 17.73 Cr., marking a decrease of 89.72 Cr..
For Interest, as of Mar 2025, the value is 11.16 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 11.52 Cr. (Dec 2024) to 11.16 Cr., marking a decrease of 0.36 Cr..
For Depreciation, as of Mar 2025, the value is 76.08 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 75.61 Cr. (Dec 2024) to 76.08 Cr., marking an increase of 0.47 Cr..
For Profit before tax, as of Mar 2025, the value is -5.61 Cr.. The value appears to be declining and may need further review. It has decreased from 141.55 Cr. (Dec 2024) to -5.61 Cr., marking a decrease of 147.16 Cr..
For Tax %, as of Mar 2025, the value is 54.19%. The value appears to be increasing, which may not be favorable. It has increased from 25.73% (Dec 2024) to 54.19%, marking an increase of 28.46%.
For Net Profit, as of Mar 2025, the value is -8.65 Cr.. The value appears to be declining and may need further review. It has decreased from 105.13 Cr. (Dec 2024) to -8.65 Cr., marking a decrease of 113.78 Cr..
For EPS in Rs, as of Mar 2025, the value is 3.22. The value appears to be declining and may need further review. It has decreased from 18.40 (Dec 2024) to 3.22, marking a decrease of 15.18.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: June 16, 2025, 4:28 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
Sales	3,172	3,204	3,202	3,201	3,572	4,570	4,487	4,918	6,624	7,652	6,307	6,885
Expenses	3,080	2,919	2,849	2,758	3,078	3,838	3,706	3,701	5,316	6,705	5,941	6,189
Operating Profit	92	285	353	443	494	732	781	1,217	1,308	947	366	696
OPM %	3%	9%	11%	14%	14%	16%	17%	25%	20%	12%	6%	10%
Other Income	37	70	-32	177	44	163	131	59	128	95	60	95
Interest	54	56	48	47	39	29	18	18	16	35	42	46
Depreciation	192	216	209	197	185	209	253	280	273	296	307	300
Profit before tax	-117	83	64	376	314	657	640	979	1,147	711	76	445
Tax %	-55%	6%	75%	4%	9%	11%	23%	12%	16%	13%	-14%	20%
Net Profit	-52	78	16	361	284	584	494	862	965	616	86	358
EPS in Rs	-2.14	11.87	9.08	72.44	49.85	103.18	88.18	163.04	181.19	110.97	12.05	66.64
Dividend Payout %	-95%	21%	34%	10%	82%	50%	20%	102%	58%	81%	25%	20%

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 (%)	250.00%	-79.49%	2156.25%	-21.33%	105.63%	-15.41%	74.49%	11.95%	-36.17%	-86.04%	316.28%
Change in YoY Net Profit Growth (%)	0.00%	-329.49%	2235.74%	-2177.58%	126.96%	-121.04%	89.90%	-62.54%	-48.11%	-49.87%	402.32%

Polyplex Corporation 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:	8%
5 Years:	9%
3 Years:	1%
TTM:	9%

Compounded Profit Growth
10 Years:	14%
5 Years:	-4%
3 Years:	-28%
TTM:	451%

Stock Price CAGR
10 Years:	14%
5 Years:	14%
3 Years:	-23%
1 Year:	-5%

Return on Equity
10 Years:	9%
5 Years:	10%
3 Years:	6%
Last Year:	6%

Last Updated: Unknown

Balance Sheet

Last Updated: June 16, 2025, 11:32 am

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
Equity Capital	33	33	33	33	33	33	33	32	32	32	32	32
Reserves	2,228	2,088	2,289	2,270	2,516	2,739	2,997	3,021	3,284	3,451	3,479	3,731
Borrowings	2,079	1,655	1,294	810	863	786	758	695	946	799	748	882
Other Liabilities	970	968	951	1,243	1,457	1,648	1,952	2,420	2,954	3,091	3,124	3,353
Total Liabilities	5,309	4,744	4,566	4,356	4,868	5,205	5,739	6,168	7,216	7,373	7,383	7,998
Fixed Assets	2,498	2,569	2,406	2,184	2,218	2,242	2,824	2,759	3,152	3,252	3,002	3,944
CWIP	653	8	3	10	8	181	30	325	126	196	628	36
Investments	66	16	1	100	133	123	233	288	276	275	374	340
Other Assets	2,092	2,151	2,157	2,062	2,509	2,658	2,652	2,796	3,663	3,650	3,379	3,678
Total Assets	5,309	4,744	4,566	4,356	4,868	5,205	5,739	6,168	7,216	7,373	7,383	7,998

Below is a detailed analysis of the balance sheet data for Polyplex Corporation Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 32.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 32.00 Cr..
For Reserves, as of Mar 2025, the value is 3,731.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,479.00 Cr. (Mar 2024) to 3,731.00 Cr., marking an increase of 252.00 Cr..
For Borrowings, as of Mar 2025, the value is 882.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 748.00 Cr. (Mar 2024) to 882.00 Cr., marking an increase of 134.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 3,353.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,124.00 Cr. (Mar 2024) to 3,353.00 Cr., marking an increase of 229.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 7,998.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 7,383.00 Cr. (Mar 2024) to 7,998.00 Cr., marking an increase of 615.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 3,944.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,002.00 Cr. (Mar 2024) to 3,944.00 Cr., marking an increase of 942.00 Cr..
For CWIP, as of Mar 2025, the value is 36.00 Cr.. The value appears to be declining and may need further review. It has decreased from 628.00 Cr. (Mar 2024) to 36.00 Cr., marking a decrease of 592.00 Cr..
For Investments, as of Mar 2025, the value is 340.00 Cr.. The value appears to be declining and may need further review. It has decreased from 374.00 Cr. (Mar 2024) to 340.00 Cr., marking a decrease of 34.00 Cr..
For Other Assets, as of Mar 2025, the value is 3,678.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,379.00 Cr. (Mar 2024) to 3,678.00 Cr., marking an increase of 299.00 Cr..
For Total Assets, as of Mar 2025, the value is 7,998.00 Cr.. The value appears strong and on an upward trend. It has increased from 7,383.00 Cr. (Mar 2024) to 7,998.00 Cr., marking an increase of 615.00 Cr..

Notably, the Reserves (3,731.00 Cr.) exceed the Borrowings (882.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Month		Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Cash from Operating Activity +	114	376	448	441	307	551	731	1,102	560	802	455	438
Cash from Investing Activity +	-391	-0	86	-246	-106	-265	-323	-451	41	16	-804	-473
Cash from Financing Activity +	311	-234	-473	-436	-42	-312	-298	-660	-232	-657	-152	-38
Net Cash Flow	33	142	61	-240	159	-26	110	-8	369	160	-501	-73

Free Cash Flow

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
Free Cash Flow	90.00	284.00	352.00	-367.00	-369.00	-54.00	23.00	-694.00	-945.00	148.00	-382.00	-186.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	50	47	46	49	53	56	48	55	50	61	44	56
Inventory Days	100	86	82	78	88	103	92	105	133	141	110	126
Days Payable	46	34	38	36	52	48	32	37	55	55	38	51
Cash Conversion Cycle	103	99	90	92	90	110	107	123	128	147	116	132
Working Capital Days	63	52	64	65	58	78	73	83	80	97	88	106
ROCE %	3%	-1%	4%	4%	9%	8%	15%	12%	19%	20%	12%	2%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	50.97%	50.97%	50.97%	50.97%	50.97%	50.97%	50.97%	50.97%	50.97%	26.70%	26.70%	26.70%
FIIs	8.64%	9.29%	10.23%	12.78%	14.81%	13.16%	12.68%	10.84%	9.41%	8.29%	7.92%	7.08%
DIIs	5.33%	4.87%	4.55%	3.63%	3.02%	2.83%	2.82%	2.81%	2.26%	2.27%	2.31%	2.43%
Public	35.06%	34.87%	34.25%	32.62%	31.21%	33.04%	33.53%	35.37%	37.37%	62.74%	63.07%	63.80%
No. of Shareholders	89,246	1,05,331	1,09,279	1,27,014	1,33,216	1,43,354	1,45,156	1,48,714	1,53,800	1,52,660	1,46,268	1,37,449

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Nippon India Small Cap Fund	657,517	0.17	69.58	657,517	2025-04-22 17:25:23	0%
Nippon India Nifty Smallcap 250 Index Fund	9,577	0.12	1.01	9,577	2025-04-22 17:25:23	0%
Motilal Oswal Nifty Smallcap 250 Index Fund	5,852	0.12	0.62	5,852	2025-04-22 17:25:23	0%
SBI Nifty Smallcap 250 Index Fund	4,575	0.12	0.48	4,575	2025-04-22 17:25:23	0%
ICICI Prudential Nifty Smallcap 250 Index Fund	2,413	0.12	0.26	2,413	2025-04-22 17:25:23	0%
HDFC NIFTY Smallcap 250 ETF	1,233	0.12	0.13	1,233	2025-04-22 17:25:23	0%
HDFC Nifty Smallcap 250 Index Fund	1,010	0.12	0.11	1,010	2025-04-22 17:25:23	0%
Motilal Oswal Nifty 500 Index Fund	636	0.01	0.07	636	2025-04-22 17:25:23	0%
Edelweiss Nifty Smallcap 250 Index Fund	237	0.12	0.03	237	2025-04-22 17:25:23	0%
ICICI Prudential S&P BSE 500 ETF	156	0.01	0.02	156	2025-04-22 17:25:23	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.)	66.64	12.05	110.97	181.19	162.57
Diluted EPS (Rs.)	66.64	12.05	110.97	181.19	162.57
Cash EPS (Rs.)	205.72	123.08	285.20	387.02	357.12
Book Value[Excl.RevalReserv]/Share (Rs.)	1177.10	1817.76	1804.53	1664.83	1503.98
Book Value[Incl.RevalReserv]/Share (Rs.)	1177.10	1817.76	1804.53	1664.83	1503.98
Revenue From Operations / Share (Rs.)	2153.64	1972.68	2393.50	2071.99	1538.35
PBDIT / Share (Rs.)	247.54	133.06	326.03	449.12	399.08
PBIT / Share (Rs.)	153.71	37.00	233.36	363.88	311.56
PBT / Share (Rs.)	139.30	23.74	222.33	358.72	306.06
Net Profit / Share (Rs.)	111.89	27.02	192.53	301.78	269.61
NP After MI And SOA / Share (Rs.)	65.44	11.83	108.96	177.91	160.08
PBDIT Margin (%)	11.49	6.74	13.62	21.67	25.94
PBIT Margin (%)	7.13	1.87	9.74	17.56	20.25
PBT Margin (%)	6.46	1.20	9.28	17.31	19.89
Net Profit Margin (%)	5.19	1.36	8.04	14.56	17.52
NP After MI And SOA Margin (%)	3.03	0.59	4.55	8.58	10.40
Return on Networth / Equity (%)	5.55	1.07	10.00	17.15	16.76
Return on Capital Employeed (%)	7.34	1.87	11.86	19.55	18.93
Return On Assets (%)	2.61	0.50	4.70	7.85	8.28
Long Term Debt / Equity (X)	0.09	0.10	0.10	0.14	0.11
Total Debt / Equity (X)	0.22	0.20	0.22	0.28	0.19
Asset Turnover Ratio (%)	0.89	0.85	0.41	0.50	0.39
Current Ratio (X)	2.78	2.97	3.30	2.81	2.96
Quick Ratio (X)	1.58	1.78	2.07	1.80	2.07
Inventory Turnover Ratio (X)	2.97	2.95	1.54	2.24	1.87
Dividend Payout Ratio (NP) (%)	0.00	41.48	95.52	55.19	93.84
Dividend Payout Ratio (CP) (%)	0.00	4.55	51.61	37.31	60.67
Earning Retention Ratio (%)	0.00	58.52	4.48	44.81	6.16
Cash Earning Retention Ratio (%)	0.00	95.45	48.39	62.69	39.33
Interest Coverage Ratio (X)	17.17	10.04	29.56	87.00	72.59
Interest Coverage Ratio (Post Tax) (X)	8.76	3.04	18.45	59.46	50.04
Enterprise Value (Cr.)	6343.78	4772.65	5746.17	9795.51	4149.36
EV / Net Operating Revenue (X)	0.93	0.75	0.75	1.48	0.84
EV / EBITDA (X)	8.10	11.22	5.51	6.82	3.25
MarketCap / Net Operating Revenue (X)	0.55	0.38	0.47	1.17	0.55
Retention Ratios (%)	0.00	58.51	4.47	44.80	6.15
Price / BV (X)	1.01	0.69	1.05	2.34	0.90
Price / Net Operating Revenue (X)	0.55	0.38	0.47	1.17	0.55
EarningsYield	0.05	0.01	0.09	0.07	0.18

After reviewing the key financial ratios for Polyplex Corporation Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 25, the value is 66.64. This value is within the healthy range. It has increased from 12.05 (Mar 24) to 66.64, marking an increase of 54.59.
For Diluted EPS (Rs.), as of Mar 25, the value is 66.64. This value is within the healthy range. It has increased from 12.05 (Mar 24) to 66.64, marking an increase of 54.59.
For Cash EPS (Rs.), as of Mar 25, the value is 205.72. This value is within the healthy range. It has increased from 123.08 (Mar 24) to 205.72, marking an increase of 82.64.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 1,177.10. It has decreased from 1,817.76 (Mar 24) to 1,177.10, marking a decrease of 640.66.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 1,177.10. It has decreased from 1,817.76 (Mar 24) to 1,177.10, marking a decrease of 640.66.
For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 2,153.64. It has increased from 1,972.68 (Mar 24) to 2,153.64, marking an increase of 180.96.
For PBDIT / Share (Rs.), as of Mar 25, the value is 247.54. This value is within the healthy range. It has increased from 133.06 (Mar 24) to 247.54, marking an increase of 114.48.
For PBIT / Share (Rs.), as of Mar 25, the value is 153.71. This value is within the healthy range. It has increased from 37.00 (Mar 24) to 153.71, marking an increase of 116.71.
For PBT / Share (Rs.), as of Mar 25, the value is 139.30. This value is within the healthy range. It has increased from 23.74 (Mar 24) to 139.30, marking an increase of 115.56.
For Net Profit / Share (Rs.), as of Mar 25, the value is 111.89. This value is within the healthy range. It has increased from 27.02 (Mar 24) to 111.89, marking an increase of 84.87.
For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 65.44. This value is within the healthy range. It has increased from 11.83 (Mar 24) to 65.44, marking an increase of 53.61.
For PBDIT Margin (%), as of Mar 25, the value is 11.49. This value is within the healthy range. It has increased from 6.74 (Mar 24) to 11.49, marking an increase of 4.75.
For PBIT Margin (%), as of Mar 25, the value is 7.13. This value is below the healthy minimum of 10. It has increased from 1.87 (Mar 24) to 7.13, marking an increase of 5.26.
For PBT Margin (%), as of Mar 25, the value is 6.46. This value is below the healthy minimum of 10. It has increased from 1.20 (Mar 24) to 6.46, marking an increase of 5.26.
For Net Profit Margin (%), as of Mar 25, the value is 5.19. This value is within the healthy range. It has increased from 1.36 (Mar 24) to 5.19, marking an increase of 3.83.
For NP After MI And SOA Margin (%), as of Mar 25, the value is 3.03. This value is below the healthy minimum of 8. It has increased from 0.59 (Mar 24) to 3.03, marking an increase of 2.44.
For Return on Networth / Equity (%), as of Mar 25, the value is 5.55. This value is below the healthy minimum of 15. It has increased from 1.07 (Mar 24) to 5.55, marking an increase of 4.48.
For Return on Capital Employeed (%), as of Mar 25, the value is 7.34. This value is below the healthy minimum of 10. It has increased from 1.87 (Mar 24) to 7.34, marking an increase of 5.47.
For Return On Assets (%), as of Mar 25, the value is 2.61. This value is below the healthy minimum of 5. It has increased from 0.50 (Mar 24) to 2.61, marking an increase of 2.11.
For Long Term Debt / Equity (X), as of Mar 25, the value is 0.09. This value is below the healthy minimum of 0.2. It has decreased from 0.10 (Mar 24) to 0.09, marking a decrease of 0.01.
For Total Debt / Equity (X), as of Mar 25, the value is 0.22. This value is within the healthy range. It has increased from 0.20 (Mar 24) to 0.22, marking an increase of 0.02.
For Asset Turnover Ratio (%), as of Mar 25, the value is 0.89. It has increased from 0.85 (Mar 24) to 0.89, marking an increase of 0.04.
For Current Ratio (X), as of Mar 25, the value is 2.78. This value is within the healthy range. It has decreased from 2.97 (Mar 24) to 2.78, marking a decrease of 0.19.
For Quick Ratio (X), as of Mar 25, the value is 1.58. This value is within the healthy range. It has decreased from 1.78 (Mar 24) to 1.58, marking a decrease of 0.20.
For Inventory Turnover Ratio (X), as of Mar 25, the value is 2.97. This value is below the healthy minimum of 4. It has increased from 2.95 (Mar 24) to 2.97, marking an increase of 0.02.
For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 41.48 (Mar 24) to 0.00, marking a decrease of 41.48.
For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 4.55 (Mar 24) to 0.00, marking a decrease of 4.55.
For Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 58.52 (Mar 24) to 0.00, marking a decrease of 58.52.
For Cash Earning Retention Ratio (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 95.45 (Mar 24) to 0.00, marking a decrease of 95.45.
For Interest Coverage Ratio (X), as of Mar 25, the value is 17.17. This value is within the healthy range. It has increased from 10.04 (Mar 24) to 17.17, marking an increase of 7.13.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 8.76. This value is within the healthy range. It has increased from 3.04 (Mar 24) to 8.76, marking an increase of 5.72.
For Enterprise Value (Cr.), as of Mar 25, the value is 6,343.78. It has increased from 4,772.65 (Mar 24) to 6,343.78, marking an increase of 1,571.13.
For EV / Net Operating Revenue (X), as of Mar 25, the value is 0.93. This value is below the healthy minimum of 1. It has increased from 0.75 (Mar 24) to 0.93, marking an increase of 0.18.
For EV / EBITDA (X), as of Mar 25, the value is 8.10. This value is within the healthy range. It has decreased from 11.22 (Mar 24) to 8.10, marking a decrease of 3.12.
For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 0.55. This value is below the healthy minimum of 1. It has increased from 0.38 (Mar 24) to 0.55, marking an increase of 0.17.
For Retention Ratios (%), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 30. It has decreased from 58.51 (Mar 24) to 0.00, marking a decrease of 58.51.
For Price / BV (X), as of Mar 25, the value is 1.01. This value is within the healthy range. It has increased from 0.69 (Mar 24) to 1.01, marking an increase of 0.32.
For Price / Net Operating Revenue (X), as of Mar 25, the value is 0.55. This value is below the healthy minimum of 1. It has increased from 0.38 (Mar 24) to 0.55, marking an increase of 0.17.
For EarningsYield, as of Mar 25, the value is 0.05. This value is below the healthy minimum of 5. It has increased from 0.01 (Mar 24) to 0.05, marking an increase of 0.04.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Polyplex Corporation Ltd as of August 1, 2025 is: 928.53

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of August 1, 2025, Polyplex Corporation Ltd is Overvalued by 16.42% compared to the current share price 1,111.00

Intrinsic Value of Polyplex Corporation Ltd as of August 1, 2025 is: 776.40

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of August 1, 2025, Polyplex Corporation Ltd is Overvalued by 30.12% compared to the current share price 1,111.00

Last 5 Year EPS CAGR: -16.38%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (2,841.08 cr) compared to borrowings (1,026.25 cr), indicating strong financial stability. The company has shown consistent growth in sales (4.33 cr) and profit (352.42 cr) over the years.	The stock has a low average ROCE of 8.92%, which may not be favorable. The stock has a high average Working Capital Days of 75.58, which may not be favorable. The stock has a high average Cash Conversion Cycle of 111.42, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Polyplex Corporation Ltd:
1. Net Profit Margin: 5.19%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 7.34% (Industry Average ROCE: 11.78%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 5.55% (Industry Average ROE: 15.82%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 8.76
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.58
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 16.7 (Industry average Stock P/E: 53.82)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.22
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Polyplex Corporation Ltd. is a Public Limited Listed company incorporated on 18/10/1984 and has its registered office in the State of Uttarakhand/Uttaranchal, India. Company's Corporate Identification Number(CIN) is L25209UR1984PLC011596 and registration number is 011596. Currently Company is involved in the business activities of Manufacture of plastics products. Company's Total Operating Revenue is Rs. 1562.77 Cr. and Equity Capital is Rs. 31.97 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Packaging & Containers	Lohia Head Road, Udham Singh Nagar Uttarakhand/Uttaranchal 262308	investorrelations@polyplex.com http://www.polyplex.com

Management
Name	Position Held
Mr. Sanjiv Saraf	Chairman
Mr. Pranay Kothari	Executive Director & CEO
Mr. Sanjiv Chadha	Non Executive Director
Mr. Iyad Malas	Non Executive Director
Mr. Yogesh Kapur	Independent Director
Mr. Sandip Das	Independent Director
Mr. Ranjit Singh	Independent Director
Ms. Pooja Haldea	Independent Director
Mr. Hemant Sahai	Independent Director

FAQ

What is the intrinsic value of Polyplex Corporation Ltd?

Polyplex Corporation Ltd's intrinsic value (as of 01 August 2025) is 928.53 16.42% lower the current market price of 1,111.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 3,488 Cr. market cap, FY2025-2026 high/low of 1,480/1,018, reserves of 3,731 Cr, and liabilities of 7,998 Cr.

What is the Market Cap of Polyplex Corporation Ltd?

The Market Cap of Polyplex Corporation Ltd is 3,488 Cr..

What is the current Stock Price of Polyplex Corporation Ltd as on 01 August 2025?

The current stock price of Polyplex Corporation Ltd as on 01 August 2025 is 1,111.

What is the High / Low of Polyplex Corporation Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Polyplex Corporation Ltd stocks is ₹1,480/1,018.

What is the Stock P/E of Polyplex Corporation Ltd?

The Stock P/E of Polyplex Corporation Ltd is 16.7.

What is the Book Value of Polyplex Corporation Ltd?

The Book Value of Polyplex Corporation Ltd is 1,199.

What is the Dividend Yield of Polyplex Corporation Ltd?

The Dividend Yield of Polyplex Corporation Ltd is 0.81 %.

What is the ROCE of Polyplex Corporation Ltd?

The ROCE of Polyplex Corporation Ltd is 7.19 %.

What is the ROE of Polyplex Corporation Ltd?

The ROE of Polyplex Corporation Ltd is 5.75 %.

What is the Face Value of Polyplex Corporation Ltd?

The Face Value of Polyplex Corporation Ltd is 10.0.