Dutron Polymers Limited

Dutron Polymers Limited

BBSE:DUTRON
101.85
INR
-3.10
(-2.95%)
4.22EPS
24.91P/E
630.00MMarket 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
141.79
151.98
174.55
145.5
161.67
177.2
148.6
157.22
207.51
219.81
198.52
173.29
153.06
153.46
Basic EPS, GAAP
2.08
2.81
3.27
3.05
3.03
3.49
3.28
3.8
4.83
4.3
4.08
4.54
4.5
4.22
Free Cash Flow per Basic Share
0.88
-3.14
1.99
2.33
-8.72
10.91
3.34
9.07
1.27
12.09
7.38
7.18
-2.74
- -
Dividend per Share
1.4
1.4
1.4
1.4
1.4
1.4
1.2
1.2
1.4
1.4
1.4
- -
1.5
- -
Book Value per Share
23.85
24.25
25.85
27.11
28.45
28.28
32.06
34.96
38.39
41.47
44.05
48.58
51.59
- -
Tangible Book Value per Share
23.85
24.25
25.85
27.11
28.45
28.28
32.06
34.96
38.39
41.47
44.05
48.58
51.59
- -
Basic Weighted Avg Shares
6
6
6
6
6
6
6
6
6
6
6
6
6
6
Sales/Revenue/Turnover
851
912
1,047
873
970
1,063
892
943
1,245
1,319
1,191
1,040
918
923
Operating Margin (%)
3.23
2.78
3.78
4.61
4.42
3.62
3.96
4.25
3.45
3.56
3.29
3.59
3.93
4.86
Depreciation Expense
12
12
14
15
10
10
11
11
12
12
11
11
9
9
Net Income, GAAP
12
17
20
18
18
21
20
23
29
26
24
27
27
25
Effective Tax Rate (%)
32.03
31.13
29.24
33.52
35.07
25.63
25.21
23.73
20.34
27.96
31.55
23.13
22.98
23.12
Profit Margin (%)
1.46
1.85
1.87
2.1
1.87
1.97
2.21
2.42
2.33
1.96
2.05
2.62
2.94
2.75
Working Capital
126
153
139
145
288
222
229
242
260
232
252
265
268
- -
LT Debt
62
81
75
79
202
142
138
133
134
96
63
47
30
- -
Total Equity
143
146
155
163
171
170
192
210
230
249
264
292
310
- -
Return on Invested Capital (%)
4.99
6.35
6.68
5.86
7.72
8.55
8.54
8.95
9.73
9.53
7.94
8.66
8.11
- -
Return on Capital (%)
7.68
9.06
9.74
8.73
7.97
8.91
9.14
9.83
10.44
9.72
9.01
9.53
9
- -
Return on Common Equity (%)
8.79
11.69
13.05
11.54
10.89
12.32
10.87
11.34
13.18
10.77
9.54
9.8
8.99
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
6
- -
LT Borrowings
- -
30
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6
6
6
Market Capitalization
655
579
630

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
331
- -
Cash, Cash Equivalents & STI
- -
51
- -
Accounts Receivable, Net
- -
84
- -
Inventories
- -
184
- -
Total Current Liabilities
- -
62
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
6
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.22%
8.11%
6.18%
Free Cash Flow
0.84%
117.51%
-138.1%
Net Income, GAAP
3.93%
4.3%
-0.77%
Sales/Revenue/Turnover
-0.24%
0.77%
-11.68%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
338
195
271
236
1,040
2026
269
194
225
230
918
2027
273
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2.5
0.56
0.88
0.6
4.54
2026
1.45
0.56
1.67
0.82
4.5
2027
1.17
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
1.5
2027
- -
- -
- -
- -
- -

Company Description

CEO
Rasesh Hasmukhbhai Patel
Full Time Employees
54
Sector
Producer manufacturing
Industry
Miscellaneous manufacturing
Address
Dutron House Ahmedabad GU India 380009
IPO Date
Apr 26, 1994
Business
Dutron Polymers Limited engages in the manufacturing and sale of plastic pipes and related products, primarily in India with export markets in the Gulf countries, Southeast Asia, and Africa. The company offers a comprehensive product portfolio that includes PVC suction hoses; duct hoses; heavy duty hoses; braided hoses such as welding, steel wire reinforced, spray, power, rock drill, water, garden, construction water, super spray, and car washing hoses; flat delivery hoses; uPVC pipes and fittings; casing pipes; fabricated fittings; plumbing systems; agriculture pipes and fittings; submersible column pipes; SWR pipes and fittings; drainage pipes; HDPE pipes and fittings; sprinkler systems; double wall, electrical, and multipurpose corrugated pipes; and water tanks. Dutron also provides installation services and manufactures woven sacks, fabrics, and bags. Founded in 1981 and headquartered in Ahmedabad, India, Dutron has a long history dating back to 1962 as a pioneer in plastic pipe manufacturing in India, including the first PVC suction hoses produced in technical collaboration with Japan’s Totaku Industries. In the last 1-2 years, Dutron Polymers has focused on maintaining steady operations amid fluctuating sales and has made key operational adjustments including appointing a new company secretary and compliance officer, and continuing to engage in financial disclosures and board meetings to strengthen governance. While there are no major new product launches or acquisitions publicly reported in this period, the company sustains its market position through exports to Gulf countries (UAE, Saudi Arabia, Oman, Qatar, Bahrain, Kuwait), Indonesia, Sri Lanka, and several African countries, reflecting a strategic emphasis on international expansion alongside its core Indian market. Dutron remains publicly listed on the BSE since 1994 and continues to leverage its decades of expertise in plastic processing technology to serve industrial, agricultural, and construction sectors with high-quality polymer products. The company operates with an eye on innovation within its core product categories and regional market expansion to reinforce its competitive standing in the plastics piping industry.