1. India Stocks

  2. •

    Process industries

  3. •

    Chemicals: specialty
Polyplex Corporation Limited

Polyplex Corporation Limited

922.70
INR
-26.00
(-2.74%)
86.58EPS
19.24P/E
29.87BMarket Cap
Nov 16Next Earn
Polyplex Corporation Limited
NSE:POLYPLEX
(National Stock Exchange of India)

Recent

price

922.70

P/E

ratio

19.24

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
763.22
755.29
791.38
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
Revenue per Share
417.87
29.38
6.64
-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
Basic EPS, GAAP
106.67
63.53
-304.5
-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
- -
Free Cash Flow per Basic Share
6.1
6.96
3.99
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
- -
Dividend per Share
484.1
593.89
626.98
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
- -
Book Value per Share
483.58
593.46
625.47
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
- -
Tangible Book Value per Share
32
32
32
32
32
32
32
32
32
32
31
31
31
31
31
31
31
Basic Weighted Avg Shares
24,411
24,158
25,312
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
Sales/Revenue/Turnover
33.21
11.11
1.43
-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
Operating Margin (%)
845
1,315
1,507
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
Depreciation Expense
13,365
940
212
-68
379
290
2,317
1,595
3,300
2,820
5,118
5,688
3,484
378
2,092
450
1,553
Net Income, GAAP
- -
- -
3.51
- -
5.98
74.68
3.92
9.49
11.13
22.86
11.91
15.87
13.4
- -
19.68
- -
9.89
Effective Tax Rate (%)
54.75
3.89
0.84
-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
Profit Margin (%)
11,614
12,705
10,730
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
- -
Working Capital
4,924
4,733
11,342
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
- -
LT Debt
21,941
25,107
26,701
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
- -
Total Equity
- -
- -
0.97
- -
0.41
0.81
7.1
7.64
10.07
10.24
15.37
14.7
9.32
- -
4.67
- -
- -
Return on Invested Capital (%)
- -
- -
0.08
- -
1.02
1.23
3.3
1.44
2.17
1.66
3.28
3.15
1.7
- -
1.4
- -
- -
Return on Capital (%)
117.79
5.36
1.09
-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
- -
Return on Common Equity (%)

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
26,205
24,369
29,873

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
- -
- -
- -
- -
- -
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.