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    Manufacturing - Miscellaneous
Ashish Polyplast Limited

Ashish Polyplast Limited

ASHISHPO.BO
Ashish Polyplast LimitedIN flagBombay Stock Exchange
32.59
INR
+3.69
- -
110.72MMarket Cap
Ashish Polyplast Limited
ASHISHPO.BO
(Bombay Stock Exchange)

Recent

price

32.59

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
19.4
24.47
27.52
26.4
31.36
32.41
35.71
38.03
41.05
37.45
37.42
47.8
47.19
46.92
47.18
- -
44.18
Revenue per Share
0.51
0.68
0.45
0.46
0.34
0.3
0.49
0.63
0.33
0.45
0.97
0.95
0.56
2.48
0.73
- -
0.38
Basic EPS, GAAP
-2.43
- -
-1.39
0.36
0.35
2.57
-1.07
0.54
1.94
1.73
1.3
-1.03
-0.14
4.47
1.5
- -
- -
Free Cash Flow per Basic Share
0.19
- -
0.19
0.19
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
11.44
10.03
12.15
12.61
12.81
12.09
12.56
13.2
13.55
14.03
14.97
15.87
16.37
18.88
19.59
- -
9.99
Book Value per Share
11.97
12.57
12.79
13.36
13.55
12.29
12.76
13.4
13.75
14.22
15.17
16.07
16.54
19.05
19.77
- -
20.09
Tangible Book Value per Share
3
3
3
3
3
3
3
3
3
3
3
3
3
3
3
- -
3
Basic Weighted Avg Shares
66
83
94
90
107
110
121
129
139
127
127
162
160
159
160
150
150
Sales/Revenue/Turnover
5.56
4.85
5.08
3.77
3.44
3.37
3.22
2.81
2.91
2.23
1.75
2.39
2.13
2.07
2.11
1.82
1.82
Operating Margin (%)
1
2
2
2
2
2
2
2
2
2
2
2
3
3
3
2
2
Depreciation Expense
2
2
2
2
1
1
2
2
1
2
3
3
2
8
2
1
1
Net Income, GAAP
43.58
19.16
52.71
- -
22
43.42
30.4
12.6
48.08
3.16
22.55
33.9
27.58
13.72
34.95
29.48
29.48
Effective Tax Rate (%)
2.63
2.78
1.63
1.76
1.09
0.91
1.38
1.67
0.79
1.2
2.6
1.98
1.18
5.28
1.55
0.87
0.87
Profit Margin (%)
33
18
17
21
23
25
21
25
24
23
23
22
21
24
18
8
8
Working Capital
9
- -
1
- -
- -
2
2
1
1
- -
- -
- -
3
2
2
1
1
LT Debt
41
43
43
45
46
42
43
46
47
48
52
55
56
65
67
68
68
Total Equity
4.53
6.45
4.03
- -
4.47
3.63
4.84
5.27
3.57
4.86
3.11
4.27
3.65
4.11
3.2
2.52
2.54
Return on Invested Capital (%)
3.95
5.1
3.03
- -
4.53
3.61
4.93
5.47
2.74
4.28
6.5
6.39
3.79
13.53
4.5
3.33
4.6
Return on Capital (%)
4.51
6.3
4.05
3.75
2.69
2.37
3.99
4.93
2.43
3.26
6.72
6.14
3.46
14.06
3.79
2.59
3.84
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
1
- -
14
LT Borrowings
1
- -
1
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
- -
3
Market Capitalization
129
118
98

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
23
- -
32
Cash, Cash Equivalents & STI
3
- -
5
Accounts Receivable, Net
9
- -
10
Inventories
10
- -
14
Total Current Liabilities
9
- -
24
Payables & Accruals
- -
- -
- -
ST Debt
1
- -
14
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.11%
5.92%
1.75%
Free Cash Flow
-399.45%
-784.38%
-188.17%
Net Income, GAAP
38.44%
36.53%
-47.42%
Sales/Revenue/Turnover
3.59%
4.03%
-6.21%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
40
40
39
40
159
2025
44
35
45
37
160
2026
37
37
35
40
150

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.64
0.44
1.18
- -
2.48
2025
0.98
0.86
0.06
-1.17
0.73
2026
1.15
-0.21
0.45
-1
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Ashish Polyplast Limited manufactures and exports premium braided hoses and flexible PVC hoses under the REALON brand. The company produces a wide range of products, including air and pneumatic hose pipes (transparent); water hose pipes (green); welding hose pipes (red and blue); thermoplast welding hose pipes (red and blue); car washing hose pipes (black); super spray hose pipes (yellow); PVC medium-duty suction and delivery hose pipes (green); PVC heavy-duty suction and delivery hose pipes (gray); PVC flexible oil hose pipes (blue); PVC flexible duct hose pipes (gray/transparent); and PVC flexible non-toxic hose pipes (transparent). These hoses serve applications in agriculture, chemical and petrochemical industries, firefighting, construction and engineering, mineral extraction, shipping and dredging, sewage conveying and disposal, and general industries. Founded in 1994 and headquartered in Ahmedabad, Gujarat, India, the company operates primarily in India with export activities to international markets and markets its products through a dealer network. In recent developments, Ashish Polyplast appointed Krushi Jainam Sanghavi as Company Secretary and Compliance Officer effective August 7, 2025, following the resignation of Dipti Sharma on July 31, 2025; the company also approved its unaudited financial results for the quarter ended June 30, 2025, reporting net profit of Rs 39.12 lakh. The firm continues to focus on debt reduction, achieving a near debt-free status, amid steady sales in PVC pipes around Rs 162 million for fiscal year 2024. No major acquisitions, funding rounds, or strategic partnerships were reported in the last 1-2 years.