Polycon International
Industrial Products
531397 BSE
₹33.92
Close ·
- P/E
- Not meaningful: loss-making over the last twelve months
Close 26 Oct 2026 ₹33.92 +6.12 +22.0% since 6 Nov 2025
Start ₹27.80
Key Fundamentals
MicrocapIndustrial ProductsCapital GoodsPrice-based figures at the close · EPS basis: Standalone · TTM
- ROCE
- −2.65%
- Debt to Equity
- 31.40
- EPS (TTM)
- −₹6.33
- Book Value
- —
- Market Cap
- —
- P/E (TTM)
- Not meaningful: loss-making over the last twelve months
- P/B
- —
- ROE
- −113.00%
- Dividend Yield
- 0.00%
- EBITDA
- ₹50.00 L
- 52W High
- ₹35.70
- 52W Low
- ₹15.45
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Overall score
43 Weak
Data confidence 91/100
Category scores
- Quality
- 35
- Poor
- Returns, margins, earnings quality 22% weight
- Valuation
- 44
- Weak
- Cheap vs sector & own history 24% weight
- Growth
- 17
- Poor
- Sales & profit trajectory 9% weight
- Financial Health
- 13
- Poor
- Solvency, leverage, coverage 9% weight
- Momentum
- 99
- Strong
- Trend strength, vol-adjusted 12% weight
- Ownership
- 50
- Average
- FII/DII/promoter flows 24% weight
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
No strengths listed
Weaknesses
6- Stock is trading at 12.1 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -8.58% over past five years.
- Company has a low return on equity of -48.7% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 167 days.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bullish | 3 | 3 | 13 |
| Oscillators | Neutral | 3 | 3 | 3 |
| Moving Averages | Strong Bullish | 0 | 0 | 10 |
Oscillators
Neutral
Bearish
3
Neutral
3
Bullish
3
Overall
Strong Bullish
Bearish
3
Neutral
3
Bullish
13
Moving Averages
Strong Bullish
Bearish
0
Neutral
0
Bullish
10
Key readings
- RSI (14)
- 70.88
- Bearish
- MACD (12,26,9)
- 2.55
- Bullish
- SMA (50)
- 25.55
- Bullish
- SMA (200)
- 25.46
- Bullish
As of , the latest day with price data, so these readings are not current.
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | −7.08% |
|---|---|
| 5Y | −8.58% |
| 3Y | −12.39% |
| 1Y | −20.08% |
| TTM | −14.83% |
Net profit
| 10Y | Turned to loss |
|---|---|
| 5Y | Loss widened by ₹2.58 Cr |
| 3Y | Turned to loss |
| 1Y | Turned to loss |
| TTM | Turned to loss |
Operating cash flow
| 10Y | +7.93% |
|---|---|
| 5Y | Turned positive |
| 3Y | Turned positive |
| 1Y | Turned positive |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | −7.52 pp |
|---|---|
| 5Y | −9.93 pp |
| 3Y | −10.48 pp |
| 1Y | −4.98 pp |
| TTM | −7.56 pp |
Revenue by year
| Mar 2017 | ₹39.56 Cr |
|---|---|
| Mar 2018 | ₹35.61 Cr |
| Mar 2019 | ₹37.53 Cr |
| Mar 2020 | ₹30.02 Cr |
| Mar 2021 | ₹27.61 Cr |
| Mar 2022 | ₹30.55 Cr |
| Mar 2023 | ₹26.22 Cr |
| Mar 2024 | ₹23.02 Cr |
| Mar 2025 | ₹22.06 Cr |
| Mar 2026 | ₹17.63 Cr |
Net profit by year
| Mar 2017 | ₹0.24 Cr |
|---|---|
| Mar 2018 | ₹0.30 Cr |
| Mar 2019 | ₹0.15 Cr |
| Mar 2020 | −₹2.88 Cr |
| Mar 2021 | −₹0.30 Cr |
| Mar 2022 | −₹0.10 Cr |
| Mar 2023 | ₹0.06 Cr |
| Mar 2024 | ₹0.06 Cr |
| Mar 2025 | ₹0.14 Cr |
| Mar 2026 | −₹2.88 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6.07 | 5.31 | 6.06 | 5.57 | 5.84 | 5.9 | 5.43 | 4.88 | 4.36 | 3.86 | 4.84 | 4.57 | 4.25 |
| Expenses | 5.78 | 4.5 | 5.36 | 4.25 | 5.33 | 5.05 | 5.98 | 4.33 | 3.76 | 4.01 | 4.71 | 4.93 | 3.96 |
| Operating Profit | 0.29 | 0.81 | 0.7 | 1.32 | 0.51 | 0.85 | −0.55 | 0.55 | 0.6 | −0.15 | 0.13 | −0.36 | 0.29 |
| OPM % | 4.78% | 15.25% | 11.55% | 23.7% | 8.73% | 14.41% | −10.13% | 11.27% | 13.76% | −3.89% | 2.69% | −7.88% | 6.82% |
| Other Income | 0 | 0 | 0 | 0.02 | 0.01 | 0.02 | 2.31 | 0.04 | 0 | 0 | 0.01 | 0.23 | 0.11 |
| Interest | 0.51 | 0.51 | 0.5 | 0.54 | 0.54 | 0.55 | 0.54 | 0.54 | 0.52 | 0.53 | 0.53 | 0.53 | 0.53 |
| Depreciation | 0.25 | 0.25 | 0.26 | 0.28 | 0.32 | 0.34 | 0.34 | 0.35 | 0.36 | 0.36 | 0.36 | 0.35 | 0.36 |
| PBT | −0.47 | 0.05 | −0.06 | 0.52 | −0.34 | −0.02 | 0.88 | −0.3 | −0.28 | −1.04 | −0.75 | −1.01 | −0.49 |
| Tax % | 0% | 40% | 0% | −5.77% | 0% | −100% | 9.09% | 10% | −10.71% | −2.88% | −8% | −8.91% | −6.12% |
| Net Profit | −0.47 | 0.04 | −0.07 | 0.56 | −0.33 | 0 | 0.8 | −0.33 | −0.26 | −1.02 | −0.69 | −0.92 | −0.47 |
| EPS (₹) | −0.96 | 0.08 | −0.14 | 1.14 | −0.67 | 0 | 1.63 | −0.67 | −0.53 | −2.08 | −1.41 | −1.88 | −0.96 |
Profit & Loss
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 38.37 | 36.76 | 39.56 | 35.61 | 37.53 | 30.02 | 27.61 | 30.55 | 26.22 | 23.02 | 22.06 | 17.63 | 17.52 |
| Expenses | 34.68 | 33.56 | 36.47 | 33.38 | 34.38 | 27.93 | 24.54 | 27.25 | 23.16 | 19.89 | 20.7 | 17.42 | 17.61 |
| Operating Profit | 3.69 | 3.2 | 3.09 | 2.23 | 3.15 | 2.09 | 3.07 | 3.3 | 3.06 | 3.13 | 1.36 | 0.21 | −0.09 |
| OPM % | 9.62% | 8.71% | 7.81% | 6.26% | 8.39% | 6.96% | 11.12% | 10.8% | 11.67% | 13.6% | 6.17% | 1.19% | −0.51% |
| Other Income | 0.23 | 0.08 | 0.04 | 0.55 | 0.05 | −1.69 | 0.04 | 0.08 | 0.03 | 0.03 | 2.38 | 0.24 | 0.35 |
| Interest | 2.37 | 1.91 | 1.81 | 1.4 | 2 | 2.17 | 2.2 | 2.21 | 1.86 | 2.07 | 2.17 | 2.1 | 2.12 |
| Depreciation | 1.21 | 0.98 | 0.98 | 1.01 | 1 | 1.05 | 1.2 | 1.26 | 1.08 | 1.04 | 1.35 | 1.43 | 1.43 |
| PBT | 0.34 | 0.39 | 0.34 | 0.37 | 0.2 | −2.82 | −0.29 | −0.09 | 0.15 | 0.05 | 0.22 | −3.08 | −3.29 |
| Tax % | 32.35% | 30.77% | 29.41% | 18.92% | 25% | 2.13% | 3.45% | 22.22% | 53.33% | −20% | 40.91% | −6.82% | — |
| Net Profit | 0.25 | 0.27 | 0.24 | 0.3 | 0.15 | −2.88 | −0.3 | −0.1 | 0.06 | 0.06 | 0.14 | −2.88 | −3.1 |
| EPS (₹) | 0.51 | 0.55 | 0.49 | 0.61 | 0.31 | −5.88 | −0.61 | −0.2 | 0.12 | 0.12 | 0.29 | −5.88 | −6.33 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.44 | 5.44 | 5.44 | 5.44 | 5.44 | 5.44 | 5.44 | 5.44 | 5.44 | 5.44 | 5.44 | 5.44 |
| Reserves | 1.31 | 1.58 | 1.78 | 2.09 | 2.24 | −0.62 | −1.62 | −1.72 | −1.66 | −1.6 | −1.45 | −4.33 |
| Borrowings | 20.39 | 20.26 | 21.55 | 21.59 | 22.75 | 21.94 | 24.51 | 27.42 | 29.34 | 32.77 | 33.94 | 34.85 |
| Other Liabilities | 2.88 | 2.66 | 2.84 | 3.39 | 4.3 | 4.56 | 4.64 | 5.86 | 4.31 | 5.44 | 5.55 | 6.69 |
| Total Liabilities | 30.02 | 29.94 | 31.61 | 32.51 | 34.73 | 31.32 | 32.97 | 37 | 37.43 | 42.05 | 43.48 | 42.65 |
| Fixed Assets | 10.83 | 10.67 | 11.43 | 11.89 | 11.51 | 10.34 | 9.72 | 9.86 | 8.79 | 8.93 | 9.05 | 7.66 |
| CWIP | 0.41 | 0.68 | 0.21 | 0.21 | 2.36 | 0 | 0 | 0 | 1.12 | 1.24 | 1.32 | 2.38 |
| Investments | 0.06 | 0.02 | 0.01 | 0.02 | 0.02 | 0.01 | 0.02 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| Other Assets | 18.72 | 18.57 | 19.96 | 20.39 | 20.84 | 20.97 | 23.23 | 27.11 | 27.49 | 31.85 | 33.08 | 32.58 |
| Total Assets | 30.02 | 29.94 | 31.61 | 32.51 | 34.73 | 31.32 | 32.97 | 37 | 37.43 | 42.05 | 43.48 | 42.65 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 7.9 | 1.25 | 2.66 | 1.81 | 4.35 | 0.77 | −0.07 | 2.26 | −0.01 | −0.61 | −0.34 | 2.68 |
| Investing | −0.73 | −0.95 | −1.3 | −0.76 | −2.76 | 0.69 | −0.52 | −1.36 | −1.2 | −1.34 | −1.38 | −1.08 |
| Financing | −7.58 | 0.07 | −0.9 | −1.93 | −1.38 | −1.46 | 0.37 | −0.87 | 1.31 | 1.88 | 1.61 | −1.54 |
| Net Cash Flow | −0.41 | 0.37 | 0.46 | −0.88 | 0.21 | 0 | −0.22 | 0.03 | 0.1 | −0.07 | −0.11 | 0.06 |
| Free Cash Flow | 6.94 | 0.17 | 1.37 | 0.35 | 1.57 | 1.47 | −0.65 | 0.87 | −1.15 | −1.91 | −1.85 | 1.58 |
| CFO/OP | 217 | 43 | 90 | 86 | 142 | 39 | −2 | 68 | 0 | −19 | −24 | 1,276 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 105 | 95.02 | 99.37 | 123 | 107 | 127 | 142 | 130 | 121 | 138 | 139 | 167 |
| Inventory Days | 56.56 | 73.61 | 67.41 | 84.88 | 113 | 166 | 249 | 301 | 393 | 613 | 651 | 790 |
| Days Payable | 12.2 | 20.88 | 15.03 | 24.92 | 20.32 | 56.54 | 55.86 | 80.25 | 60.88 | 95.27 | 93.81 | 119 |
| Cash Conversion Cycle | 150 | 148 | 152 | 183 | 199 | 237 | 335 | 351 | 454 | 656 | 696 | 838 |
| Working Capital Days | 8.56 | 27.5 | 29.43 | 42.84 | 29.47 | 50.09 | 85.53 | 92.36 | 151 | 231 | 309 | 341 |
| ROCE % | 9.15% | 8.38% | 7.64% | 4.87% | 7.32% | 3.92% | 6.93% | 7.13% | 6.26% | 6.08% | 0.19% | −2.65% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Polycon International insights
62 extracted metrics across FY11–FY27.
Documents
- 26 Nov 2021
- 11 Aug 2021
- 12 May 2020
- General announcements 10 Oct 2026
Frequently Asked Questions about Polycon International
What does Polycon International Ltd do?
Incorporated in 1991, Polycon International Ltd manufactures and trades PET Items.
Where is Polycon International Ltd (POLYCON) listed?
Polycon International Ltd trades under code 531397 on the BSE.
Which sector does Polycon International Ltd belong to?
Polycon International Ltd is classified under the Industrial Products sector, in the Packaging industry.
What is the 52-week high and low of Polycon International Ltd?
Over the last 52 weeks Polycon International Ltd has traded between ₹15.45 and ₹35.7 as of 26 Oct 2026.
What is the Return on Equity (ROE) of Polycon International Ltd?
Polycon International Ltd reported a return on equity of -113.00%. Its debt-to-equity ratio is 31.40.
Company Information
Incorporated in 1991, Polycon International Ltd manufactures and trades PET Items.
Website polyconltd.com
Face Value ₹10
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/531397.md for Polycon International Ltd: dated key facts, then this page's sections in order: latest price, key fundamentals, peer comparison, the Tapetide Score, technical indicators, analyst ratings, growth rates, analyst forecasts, the AI analysis and news digest (labelled as AI-generated), financial statements, shareholding pattern, documents and the FAQ.
Append .md to any Tapetide URL for
the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For
live, structured queries instead of documents, use our Indian stock market MCP server.