1. India Stocks

  2. •

    Process industries

  3. •

    Chemicals: specialty
Polyplex Corporation Limited

Polyplex Corporation Limited

923.10
INR
-28.60
(-3.01%)
86.58EPS
19.23P/E
29.85BMarket Cap
Nov 16Next Earn
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
990.58
1,000.8
1,001.12
994.13
1,110.28
1,421.15
1,395.95
1,557.55
2,104.7
2,433.86
2,005.06
2,188.2
2,253.98
2,421.19
Basic EPS, GAAP
-2.14
11.86
9.08
72.44
49.85
103.18
88.18
162.57
181.19
110.97
12.05
66.64
14.32
49.47
Free Cash Flow per Basic Share
-154.3
68.51
123.83
117.22
53
55.88
80.92
182.06
50.4
168.39
-19.73
-20.61
41.93
- -
Dividend per Share
2.97
2
2.51
5.91
8.93
44.7
51.75
145.03
106.63
103.05
8.03
10.09
6.94
- -
Book Value per Share
706.76
663.1
685.66
719.84
796.7
866.43
947.1
972.59
1,056.43
1,109.48
1,118.46
1,198.76
1,301.06
- -
Tangible Book Value per Share
704.86
661.27
684.26
719.56
796.42
866.2
946.92
972.46
1,056.34
1,109.36
1,118.37
1,198.66
1,300.92
- -
Basic Weighted Avg Shares
32
32
32
32
32
32
32
31
31
31
31
31
31
31
Sales/Revenue/Turnover
31,683
32,010
32,020
31,797
35,512
45,455
44,649
49,035
66,072
76,403
62,944
68,693
70,758
76,008
Operating Margin (%)
-1.09
2.07
6.37
7.83
10.1
11.56
13.4
19.29
15.78
8.64
2.42
5.78
2.1
13.17
Depreciation Expense
1,923
2,165
2,097
1,966
1,850
2,091
2,533
2,798
2,725
2,963
3,071
3,000
3,632
3,719
Net Income, GAAP
-68
379
290
2,317
1,595
3,300
2,820
5,118
5,688
3,484
378
2,092
450
1,553
Effective Tax Rate (%)
- -
5.98
74.68
3.92
9.49
11.13
22.86
11.91
15.87
13.4
- -
19.68
- -
9.89
Profit Margin (%)
-0.22
1.19
0.91
7.29
4.49
7.26
6.32
10.44
8.61
4.56
0.6
3.05
0.64
2.04
Working Capital
10,139
10,918
10,617
6,412
10,610
12,882
17,924
17,951
23,474
25,494
22,382
23,275
25,580
- -
LT Debt
14,429
9,739
7,120
4,110
2,548
2,455
4,335
3,687
4,826
3,824
3,681
3,561
1,713
- -
Total Equity
28,754
27,798
29,401
31,872
36,204
40,064
44,867
48,084
53,226
57,693
58,116
62,211
70,366
- -
Return on Invested Capital (%)
- -
0.41
0.81
7.1
7.64
10.07
10.24
15.37
14.7
9.32
- -
4.67
- -
- -
Return on Capital (%)
- -
1.02
1.23
3.3
1.44
2.17
1.66
3.28
3.15
1.7
- -
1.4
- -
- -
Return on Common Equity (%)
-0.32
1.73
1.35
10.31
6.57
12.41
9.72
16.83
17.86
10.25
1.08
5.75
1.12
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
7,641
- -
LT Borrowings
- -
1,586
- -
LT Finance Leases
- -
127
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
31
33
31
Market Capitalization
26,125
24,335
29,854

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
41,630
- -
Cash, Cash Equivalents & STI
- -
10,606
- -
Accounts Receivable, Net
- -
11,250
- -
Inventories
- -
17,120
- -
Total Current Liabilities
- -
16,050
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
7,641
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.18%
7.99%
13.11%
Free Cash Flow
-13.74%
-49.8%
-303.45%
Net Income, GAAP
109.84%
51.54%
-78.51%
Sales/Revenue/Turnover
9.19%
8.98%
3.01%
Total Cash Common Dividend
65.13%
-25.57%
-31.17%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
16,856
17,389
17,212
17,396
68,693
2026
17,387
17,940
16,824
18,707
70,758
2027
22,536
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
17.05
27.97
18.4
3.22
66.64
2026
-6.15
7.87
4.7
7.9
14.32
2027
29
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
10.09
2026
- -
- -
- -
- -
6.94
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Pranay Kothari
Full Time Employees
1,487
Sector
Process industries
Industry
Chemicals: specialty
Address
B-37, Sector – 1 Noida UP India 201301
IPO Date
Dec 5, 1994
Website
polyplex.com
Similar Companies
Petkim Petrokimya Holding Anonim Sirketi (BIST:PETKM)
Albemarle Corporation (NYSE:ALB)
Linde plc (NASDAQ:LIN)
Gubre Fabrikalari T.A.S. (BIST:GUBRF)
IOL Chemicals & Pharmaceuticals Ltd. (NSE:IOLCP)
PI Industries Limited (NSE:PIIND)
Business
Polyplex Corporation Limited Polyplex Corporation Limited manufactures biaxially oriented polyester (BOPET) thin and thick films, biaxially oriented polypropylene (BOPP) films, cast polypropylene (CPP) films, and blown polypropylene/polyethylene (PP/PE) films under its Sarafil brand; it also produces value-added products including metallized films, holographic films, silicone-coated films (Saracote), offline chemical-coated films, extrusion-coated films, and transfer metallized paper, serving packaging, electrical insulation, electronics, solar backpanels, printing, lamination, release liners, roofing tapes, and industrial applications such as hot stamping foil and flexible ducts. Founded in 1984 and headquartered in Noida, Uttar Pradesh, India, with registered manufacturing facilities in Khatima, Uttarakhand, the company operates production sites across seven locations in India, Thailand, Turkey, the United States, and Indonesia, supplemented by sales and distribution in 86 countries including Europe, the Americas, Asia Pacific, the Middle East, and the Indian subcontinent, positioning it as the seventh-largest global PET film producer with integrated PET resin production and downstream capabilities. Recent developments include the commencement of commercial production by its US subsidiary Polyplex USA LLC of a new brownfield BOPET thin film line adding 50,000 MTPA capacity and debottlenecking of the PET resin plant to 86,000 MTPA in 2025; ongoing expansions such as a new 52,400 MTPA BOPET film line in India expected by H2 FY2026-27, blown film line enhancements in Thailand, and offline coating and transfer metallized paper growth in India; as well as a promoter group agreement in 2023 to sell a minority stake to AGP Holdco Limited of UAE's Al-Ghurair Group, subject to approvals.