Polson Ltd.

Polson Ltd.

BBSE:POLSON
9,810.00
INR
-99.00
(-1.00%)
426.71EPS
24.67P/E
1.26BMarket 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
8,083.29
8,658.79
7,829.84
9,022.98
8,813.82
9,078.26
8,058.25
7,384.26
8,127.33
6,988.07
8,032.8
7,773.38
7,596.69
7,994.17
Basic EPS, GAAP
239.25
545.64
1,214.39
860.48
909.46
827.33
591.52
710.99
519.12
402.46
433.09
435.91
395.2
426.71
Free Cash Flow per Basic Share
953.27
-3,065.39
2,069.77
1,374.65
-293.07
292.47
1,683.97
1,100.61
-1,046.8
-72.57
1,275.26
-330.75
418.01
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
3,282.47
3,825.95
4,865.04
5,805.21
6,725.13
7,553.36
8,019.25
8,730.82
9,265.92
9,681.35
10,136.14
10,551.07
10,927.32
- -
Tangible Book Value per Share
3,282.47
3,825.95
4,865.04
5,805.21
6,725.13
7,553.36
8,019.25
8,730.82
9,265.92
9,681.35
10,136.14
10,551.07
10,927.32
- -
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Sales/Revenue/Turnover
970
1,039
1,041
1,083
1,058
1,089
967
886
975
839
964
933
912
959
Operating Margin (%)
12.93
14.53
17.09
15.7
15.6
12.43
12.02
17.81
11.65
11.94
11.43
9.46
9.19
9.1
Depreciation Expense
26
22
31
33
37
40
45
48
51
55
57
61
64
67
Net Income, GAAP
29
65
162
103
109
99
71
85
62
48
52
52
47
51
Effective Tax Rate (%)
45.05
- -
35.91
34.91
39.69
12.56
31.83
6.69
28.25
27.37
29.04
26.72
29.25
28.97
Profit Margin (%)
2.96
6.3
15.51
9.54
10.32
9.11
7.34
9.63
6.39
5.76
5.39
5.61
5.2
5.34
Working Capital
197
-122
52
88
255
251
219
110
11
61
49
91
179
- -
LT Debt
374
609
442
408
478
425
401
279
211
175
144
259
283
- -
Total Equity
394
459
584
697
807
906
962
1,048
1,112
1,162
1,216
1,266
1,311
- -
Return on Invested Capital (%)
4.15
- -
12.1
7.82
9.12
7.46
4.92
7.21
5.12
4.86
4.77
3.93
3.54
- -
Return on Capital (%)
7.47
- -
16.37
11.28
10.41
10.15
6.99
8.59
5.75
5.13
4.81
4.59
4.12
- -
Return on Common Equity (%)
8.35
15.35
30.98
16.13
14.52
11.59
7.6
8.49
5.77
4.25
4.37
4.21
3.68
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
112
- -
LT Borrowings
- -
283
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
- -
- -
Market Capitalization
1,369
1,144
1,263

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
383
- -
Cash, Cash Equivalents & STI
- -
15
- -
Accounts Receivable, Net
- -
143
- -
Inventories
- -
174
- -
Total Current Liabilities
- -
205
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
112
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.55%
4.59%
3.57%
Free Cash Flow
-241.77%
-499.53%
-226.38%
Net Income, GAAP
-9.83%
-10.11%
-9.34%
Sales/Revenue/Turnover
-0.95%
1.1%
-2.27%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
247
212
226
248
933
2026
236
216
221
239
912
2027
283
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
119.27
95.83
103.95
116.87
435.91
2026
102.35
101.9
101.01
89.94
395.2
2027
133.86
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

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

Company Description

CEO
Amol Jagdish Kapadia
Full Time Employees
50
Sector
Process industries
Industry
Chemicals: specialty
Address
615 Mumbai MA India 400 020
IPO Date
Jan 4, 2012
Business
Polson Limited manufactures and sells synthetic organic tanning substances, vegetable tannin extracts and eco-friendly leather chemicals in India and internationally. The company, a subsidiary of Aji Commercial Pvt Ltd, operates from headquarters in Mumbai, Maharashtra, India, with manufacturing facilities including one in Kolhapur; it was incorporated in 1938, originally as a coffee and dairy products business before shifting to leather chemicals from the 1970s. Core products encompass natural-based vegetable tanning extracts such as chestnut, quebracho, mimosa and wattle varieties; synthetic tanning agents; fatliquors; and other leather finishing chemicals including spray-dried powders, with exports forming a significant portion of sales to markets across Asia, Europe and beyond. Recent developments include steady financial performance with standalone net profit rising 6.09% to Rs 1.22 crore in the September 2025 quarter; regular board approvals of unaudited quarterly results through 2025, including for periods ended June 30, September 30 and December 31, 2024; and the release of the 83rd annual report for fiscal 2023-2024, alongside an upcoming 84th AGM; no major acquisitions, partnerships or strategic expansions reported in the past 1-2 years.