Polymac Thermoformers Ltd.

Polymac Thermoformers Ltd.

BBSE:POLYMAC
11.05
INR
-1.22
(-9.94%)
79.37MMarket 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
2.31
3.07
3.1
5.51
8.19
14.3
10.96
12.83
15.05
18.41
24.82
17.93
27.47
- -
Basic EPS, GAAP
1.38
0.12
- -
0.35
-0.2
0.23
-0.51
0.23
1.05
0.94
0.64
0.09
0.02
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
-1.26
-4.12
1.36
-1.26
-53.4
52.99
-3.28
0.42
-3.99
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
22.15
22.31
22.79
22.19
22.05
22.28
21.77
22
23.54
21.47
22.12
22.21
22.36
22.36
Tangible Book Value per Share
22.15
22.31
22.79
22.19
22.05
22.28
21.77
22
23.54
21.47
22.12
22.21
22.36
22.36
Basic Weighted Avg Shares
5
5
5
5
5
5
5
5
5
5
5
5
5
5
Sales/Revenue/Turnover
11
15
15
26
39
67
52
61
72
88
119
86
131
- -
Operating Margin (%)
64.9
-48.73
-37.41
-171.05
-16.83
-1.49
-11.95
-8.28
-2.17
-4.89
-0.71
-4.44
-0.2
- -
Depreciation Expense
2
2
1
1
1
1
1
1
1
2
2
2
2
- -
Net Income, GAAP
6
1
- -
2
-1
1
-2
1
5
4
3
- -
- -
- -
Effective Tax Rate (%)
1.12
25.39
79.65
32.79
- -
17.06
- -
45.08
22.92
25.87
26.01
37.25
79.68
- -
Profit Margin (%)
59.73
4.01
0.06
6.34
-2.44
1.61
-4.66
1.79
6.98
5.1
2.6
0.52
0.09
- -
Working Capital
93
80
83
77
75
81
76
67
69
73
87
81
69
69
LT Debt
- -
- -
- -
- -
- -
- -
- -
3
1
- -
15
17
8
8
Total Equity
104
104
109
106
105
107
104
105
110
103
106
106
107
107
Return on Invested Capital (%)
9.29
0.54
0.01
1.37
- -
-0.74
- -
-1.66
-0.46
-2.73
-0.43
-1.95
-0.07
- -
Return on Capital (%)
9.98
0.83
0.08
1.66
- -
1.27
- -
1.36
2.58
1.91
2.8
1.18
0.34
- -
Return on Common Equity (%)
9.91
0.57
0.01
1.55
-0.9
1.02
-2.32
1.05
4.65
4.21
2.96
0.42
0.11
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
- -
- -
38
LT Borrowings
- -
- -
- -
LT Finance Leases
17
- -
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
5
5
Market Capitalization
55
92
79

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
143
155
146
Cash, Cash Equivalents & STI
2
3
7
Accounts Receivable, Net
4
6
25
Inventories
51
63
46
Total Current Liabilities
61
66
76
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
38
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.15%
0.4%
0.66%
Free Cash Flow
- -
532.39%
-1,046.62%
Net Income, GAAP
1,764.76%
30.75%
-74.04%
Sales/Revenue/Turnover
29.34%
19.97%
53.23%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
119
2025
- -
- -
86
2026
- -
- -
131

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
0.64
2025
- -
- -
0.09
2026
- -
- -
0.02

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Sourav Mondal
Full Time Employees
3
Sector
Process industries
Industry
Chemicals: specialty
Address
29A, Weston Street Kolkata WB India 700012
IPO Date
Nov 14, 2013
Business
Polymac Thermoformers Limited manufactures and sells disposable plastic products in India, primarily through thermoforming techniques that produce glasses, cups, bowls, and related items such as plastic containers, food containers, and ice cream cups with lids; these products serve commercial, food service, and agro-related applications, replacing conventional alternatives in domestic markets. Incorporated on December 17, 1999, as Polymac Thermoformers Private Limited in Kolkata, West Bengal, and converted to a public limited company in August 2013, the firm maintains its registered office at 29A Weston Street, 3rd Floor, Room C5, Kolkata 700012, with manufacturing and trading operations centered in West Bengal, including facilities in Serampore and Srirampur. Operations target the Indian market exclusively, with sales concentrated domestically and recent fiscal growth showing manufacturing revenue rising to INR 145 million for the year ended March 2024. In 2008, Puspjeet Kumar acquired majority control from founder Raj Kumar Agarwala; more recently, the company reported full-year earnings for March 31, 2024, held its 25th Annual General Meeting on September 24, 2024, accepted the resignation of Whole-time Director Sunita Shroff effective October 28, 2025, due to personal commitments, and appointed Neha Modi as Whole-time Director effective November 7, 2025, leveraging her expertise in finance, accounts, MIS, and taxation ahead of a November 12, 2025, board meeting to approve half-year financial results ended September 30, 2025.