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Silkflex Polymers (India) Ltd.

Silkflex Polymers (India) Ltd.

NNSE:SILKFLEX
245.10
INR
-7.00
(-2.78%)
1.20BMarket Cap
Silkflex Polymers (India) Ltd.
NSE:SILKFLEX
(National Stock Exchange of India)

Recent

price

245.10

P/E

ratio

- -

div

yld

- -

ROIC.AI

2021
2022
2023
2024
2025
2026
TTM
INR
17.88
23.97
29.48
43.31
71.52
94.95
- -
Revenue per Share
0.39
0.59
0.68
3.39
6.26
10.47
- -
Basic EPS, GAAP
-1.39
-5.84
-0.82
-0.09
-27.27
-58.26
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
4.42
6.36
7.04
10.56
30.68
40.96
40.96
Book Value per Share
4.37
6.31
6.96
6.92
27.05
35.6
35.6
Tangible Book Value per Share
12
12
12
12
11
12
12
Basic Weighted Avg Shares
208
278
342
503
800
1,102
- -
Sales/Revenue/Turnover
5.8
5.15
5.82
13.31
14.32
18.26
- -
Operating Margin (%)
1
2
4
5
4
19
- -
Depreciation Expense
5
7
8
39
70
122
- -
Net Income, GAAP
25.25
25.59
27.25
25.21
25.54
25.55
- -
Effective Tax Rate (%)
2.19
2.47
2.3
7.82
8.75
11.03
- -
Profit Margin (%)
50
47
48
10
292
141
141
Working Capital
41
20
21
10
171
367
367
LT Debt
51
74
82
123
356
475
475
Total Equity
- -
7.48
7.7
21.06
16.6
15.96
- -
Return on Invested Capital (%)
- -
8.2
7.89
20.82
16.85
16.56
- -
Return on Capital (%)
- -
10.96
10.11
38.47
29.24
29.23
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
192
231
258
LT Borrowings
171
321
367
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
12
12
Market Capitalization
891
1,084
1,200

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
573
513
589
Cash, Cash Equivalents & STI
18
4
40
Accounts Receivable, Net
101
80
196
Inventories
301
353
295
Total Current Liabilities
281
321
449
Payables & Accruals
- -
- -
- -
ST Debt
192
231
258
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
65.7%
33.5%
Free Cash Flow
- -
5,667%
121.69%
Net Income, GAAP
- -
123.51%
73.61%
Sales/Revenue/Turnover
- -
40.17%
37.73%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
147
168
503
2025
- -
- -
- -
- -
800
2026
- -
- -
- -
- -
1,102

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.69
1.68
3.39
2025
- -
- -
- -
- -
6.26
2026
- -
- -
- -
- -
10.47

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Silkflex Polymers (India) Ltd is an India-based company engaged in the trading of textile printing inks and water-based wood coating polymers from the Malaysian brand Silkflex, produced by Silkflex Polymers SDN BHD. The company offers approximately 108 textile printing ink products, including screen coatings, glues, machine-grade non-PVC inks, table-grade non-PVC inks, inks for polyester/taffeta, special effects inks, additives, ready fluorescent inks and colors, as well as specific items such as Acrylic Polymers Royalite White EX, Royalite Clear EX and Elastisol White S Matt; and 51 wood coating polymer products, including eco-friendly water-based formulations with low VOC for quick hard finishes. These products, certified to ZDHC Confidence Level 3, Eco-Passport by Oeko-Tex and GOTS version 7.0 standards, serve the textile printing, garment and furniture industries, with Silkflex Malaysia supplying major global brands such as PUMA, C&A and H&M. Incorporated in 2016 and headquartered in Kolkata, West Bengal, the company operates branch offices in Gujarat, Maharashtra, Tamil Nadu, Rajasthan and Punjab. In recent developments, Silkflex Polymers transitioned from Silkflex Polymers (India) Private Limited to a public limited company on December 21, 2023, ahead of its successful initial public offering on NSE SME in May 2024, raising Rs 18.10 crore through 3,482,000 fresh equity shares; it entered a Technology Transfer Agreement with Silkflex Malaysia on July 25, 2023, granting rights to manufacture select products such as Silkbond 35 and binder for table glue in India, with IPO proceeds allocated to acquire land in Vadodara for a new manufacturing facility (Rs 5.53 crore), purchase plant and machinery (Rs 2.07 crore) and fund working capital (Rs 4.68 crore), although production has not yet commenced as of mid-2025. The company maintains exclusive distribution rights in India under agreements dated October 1, 2016 for textile inks and October 1, 2019 for wood coatings, alongside brand usage rights.