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    Producer manufacturing

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    Miscellaneous manufacturing
Ashish Polyplast Limited

Ashish Polyplast Limited

BBSE:ASHISHPO
29.50
INR
+1.55
(+5.55%)
1.25EPS
23.90P/E
101.55MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
26.4
31.36
32.41
35.71
38.03
41.05
37.45
37.42
47.8
47.19
46.92
47.14
44.21
43.28
Basic EPS, GAAP
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
1.25
Free Cash Flow per Basic Share
0.36
0.35
2.57
-1.07
0.54
1.94
1.73
1.3
-1.03
-0.14
4.47
1.5
-1.32
- -
Dividend per Share
0.19
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
13.36
13.55
12.29
12.76
13.4
13.75
14.22
15.17
16.07
16.57
19.08
19.77
20.12
- -
Tangible Book Value per Share
13.36
13.55
12.29
12.76
13.4
13.75
14.22
15.17
16.07
16.54
19.05
19.75
20.11
- -
Basic Weighted Avg Shares
3
3
3
3
3
3
3
3
3
3
3
3
3
3
Sales/Revenue/Turnover
90
107
110
121
129
139
127
127
162
160
159
160
150
147
Operating Margin (%)
3.77
3.44
3.37
3.22
2.81
2.91
2.23
1.75
2.39
2.13
2.2
2.12
1.98
1.63
Depreciation Expense
2
2
2
2
2
2
2
2
2
3
3
3
2
3
Net Income, GAAP
2
1
1
2
2
1
2
3
3
2
8
2
1
4
Effective Tax Rate (%)
- -
22
43.42
30.4
12.6
48.08
3.16
22.55
33.9
27.58
13.72
34.93
29.48
- -
Profit Margin (%)
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
2.89
Working Capital
21
23
25
21
25
24
23
23
22
21
24
18
8
- -
LT Debt
- -
- -
2
2
1
1
- -
- -
- -
3
2
2
1
- -
Total Equity
45
46
42
43
46
47
48
52
55
56
65
67
68
- -
Return on Invested Capital (%)
- -
1.81
1.73
22.35
5.27
2.84
4.86
3.11
4.27
3.65
6.69
3.24
2.79
- -
Return on Capital (%)
- -
4.36
3.51
4.87
5.41
2.71
4.23
6.42
6.32
3.76
13.39
4.38
2.49
- -
Return on Common Equity (%)
3.55
2.54
2.29
3.93
4.85
2.4
3.21
6.63
6.06
3.41
13.9
3.75
1.92
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
14
- -
LT Borrowings
- -
1
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
118
98
102

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
32
- -
Cash, Cash Equivalents & STI
- -
5
- -
Accounts Receivable, Net
- -
10
- -
Inventories
- -
14
- -
Total Current Liabilities
- -
24
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
14
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

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

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
44
35
45
37
160
2026
37
37
35
40
150
2027
34
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.98
0.86
0.06
-1.17
0.73
2026
1.15
-0.21
0.45
-1
0.38
2027
2.02
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Ashish Dahyabhai Panchal
Full Time Employees
17
Sector
Producer manufacturing
Industry
Miscellaneous manufacturing
Address
501, Fortune Business Hub Ahmedabad GU India 380060
IPO Date
Mar 20, 1995
Website
ashishpolyplast.com
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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.