---
title: "SMVD Poly Pack Ltd (SMVD) — Share Price, Financials & Analysis"
symbol: "SMVD"
company: "SMVD Poly Pack Ltd"
canonical: "https://tapetide.com/stocks/SMVD"
isin: "INE702Y01013"
nse_symbol: "SMVD"
sector: "Industrials"
industry: "Industrial Products"
market_cap_cr: 17.05
generated_at: "2026-09-13T18:26:32.947Z"
---

# SMVD Poly Pack Ltd (SMVD)

Canonical page: https://tapetide.com/stocks/SMVD

## Company

- **NSE Symbol:** SMVD
- **ISIN:** INE702Y01013
- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2017-12-26
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** smvdpolypack.com

## About

Incorporated in 2010, SMVD Poly Pack Ltd is in the business of manufacturing Plastic Products.[1]

## Latest Price

- **Price:** ₹17
- **Change:** 0 (0%)
- **Open:** ₹17.05
- **Day High:** ₹17.05
- **Day Low:** ₹16
- **Previous Close:** ₹17
- **Volume:** 0
- **As Of:** 2026-09-11T10:01:43+00:00

## Key Fundamentals

Observed at 2026-09-11T04:42:21.300522Z.

- **Market Cap:** ₹17.05 Cr
- **Classification:** SME
- **P/E (reported):** 0.6
- **Book Value:** ₹10.8
- **Price to Book:** 1.57
- **Dividend Yield:** 0%
- **ROE:** -55.73%
- **ROCE:** -76.17%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹0.4 Cr
- **Net Income:** ₹10.9 Cr
- **EBITDA:** ₹-2.8 Cr
- **52-Week High:** ₹17.05
- **52-Week Low:** ₹5.6
- **RSI (14):** 86.24

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Working capital days have increased from -1,568 days to 21,900 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 122.65% | -45.5% | 435% |
| net income growth | -120.26% | — | — |
| revenue growth | -98.39% | -82.91% | -64.24% |
| roce | -139.24% | -734.75% | 31.56% |
| roe | -131.56% | 40.68% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 28 | 40 | 40 | 46 | 31 | 49 | 23 | 2 | 0 | 0 | 0 | 0 |
| Expenses | 26 | 36 | 36 | 43 | 28 | 46 | 25 | 4 | 1 | 2 | 1 | 1 |
| Operating Profit | 2 | 4 | 4 | 3 | 3 | 3 | -2 | -2 | -1 | -2 | -1 | -1 |
| OPM % | 7 | 10 | 9 | 7 | 8 | 6 | -8 | -124 | -217 | -2788 | -1625 | -2360 |
| Other Income | 0 | 0 | 0 | 0 | 1 | 0 | -51 | 3 | 16 | 1 | 33 | 0 |
| Interest | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 0 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -1 | 1 | 1 | 0 | 1 | 0 | -55 | -1 | 14 | -2 | 32 | -2 |
| Tax % | 0 | 2 | 17 | 200 | 16 | 4 | 0 | -294 | 7 | 0 | 0 | 0 |
| Net Profit | -1 | 1 | 1 | 0 | 1 | 0 | -55 | 2 | 13 | -2 | 32 | -2 |
| EPS in Rs | -0.78 | 1.26 | 1.11 | -0.06 | 0.54 | -0.26 | -55.15 | 1.55 | 12.98 | -2.12 | 31.85 | -1.56 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 36 | 47 | 50 | 58 | 68 | 86 | 80 | 25 | 0 | 0 |
| Expenses | 31 | 42 | 43 | 52 | 62 | 79 | 74 | 28 | 3 | 2 |
| Operating Profit | 4 | 5 | 7 | 6 | 6 | 7 | 5 | -4 | -3 | -2 |
| OPM % | 12 | 11 | 13 | 11 | 9 | 8 | 7 | -15 | -947 | -2022 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -48 | 17 | 33 |
| Interest | 2 | 2 | 2 | 4 | 4 | 4 | 4 | 4 | 2 | 1 |
| Depreciation | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 1 | 0 | 0 |
| Profit before tax | 2 | 2 | 3 | 1 | 0 | 1 | 0 | -56 | 12 | 30 |
| Tax % | 30 | 11 | 24 | 32 | 4 | 25 | 29 | -4 | 9 | 0 |
| Net Profit | 1 | 2 | 2 | 1 | 0 | 1 | 0 | -54 | 11 | 30 |
| EPS in Rs | 4.41 | 2.14 | 2.45 | 0.73 | 0.49 | 1.05 | 0.27 | -53.62 | 10.87 | 30.3 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 1 | 5 | 5 | 5 | 5 | 5 | 10 | 10 | 10 | 10 |
| Reserves | 6 | 13 | 16 | 17 | 17 | 18 | 13 | -40 | -30 | 1 |
| Borrowings | 16 | 18 | 30 | 31 | 33 | 32 | 33 | 28 | 18 | 0 |
| Other Liabilities | 5 | 7 | 7 | 9 | 10 | 19 | 23 | 12 | 7 | 0 |
| Total Liabilities | 28 | 43 | 58 | 61 | 65 | 74 | 79 | 10 | 5 | 11 |
| Fixed Assets | 16 | 15 | 22 | 27 | 26 | 25 | 25 | 3 | 3 | 3 |
| CWIP | 0 | 7 | 6 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 12 | 21 | 30 | 33 | 38 | 48 | 53 | 6 | 2 | 8 |
| Total Assets | 28 | 43 | 58 | 61 | 65 | 74 | 79 | 10 | 5 | 11 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 4 | -1 | 5 | 7 | 1 | 9 | 6 | -14 | 3 | 7 |
| Cash from Investing Activity | -1 | -7 | -7 | -1 | 0 | -2 | -2 | 21 | 1 | 1 |
| Cash from Financing Activity | -3 | 8 | 3 | -6 | 0 | -8 | -5 | -7 | -5 | -5 |
| Net Cash Flow | 0 | 0 | 1 | 0 | 0 | 0 | -1 | 0 | 0 | 3 |
| Free Cash Flow | 3 | -8 | -2 | 6 | 0 | 8 | 4 | -13 | 3 | 7 |
| CFO/OP | 104 | -25 | 87 | 122 | 14 | 140 | 113 | 384 | -148 | -381 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 26 | 32 | 43 | 58 | 64 | 56 | 80 | 19 | 256 | 0 |
| Inventory Days | 113 | 119 | 188 | 169 | 164 | 158 | 191 | 37 | 153 | 929 |
| Days Payable | 36 | 41 | 43 | 46 | 41 | 85 | 119 | 105 | 1309 | 66 |
| Cash Conversion Cycle | 103 | 110 | 189 | 180 | 187 | 129 | 152 | -49 | -900 | 863 |
| Working Capital Days | 2 | 30 | 23 | 13 | 41 | 22 | 23 | -471 | -26134 | 21900 |
| ROCE % | 17 | 15 | 13 | 9 | 8 | 10 | 7 | -16 | — | -8 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 65.53% | 65.53% | 65.53% | 65.53% | 65.53% | 65.53% | 65.53% | 65.53% | 65.53% | 65.53% | 65.53% | 65.53% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.04% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0.16% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 19.69% | 18.96% | 18.44% | 19% | 19.85% | 19.81% | 22.87% | 20.41% | 18.88% | 24.93% | 22.19% | 22.27% |
| Others | 14.78% | 15.5% | 16.03% | 15.46% | 14.46% | 14.66% | 11.6% | 14.05% | 15.58% | 9.54% | 12.28% | 12.16% |
| No. of Shareholders | 415 | 398 | 403 | 428 | 439 | 438 | 493 | 435 | 375 | 345 | 298 | 291 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 1 / 5

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 14.28 | Buy |
| EMA (10) | 14.61 | Buy |
| SMA (20) | 12.71 | Buy |
| EMA (20) | 13.09 | Buy |
| SMA (50) | 9.84 | Buy |
| EMA (50) | 11.44 | Buy |
| SMA (100) | 11.77 | Buy |
| EMA (100) | 11.6 | Buy |
| SMA (200) | 12.71 | Buy |
| EMA (200) | 12.1 | Buy |

### Oscillators — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 90.04 | Sell |
| MACD (12,26,9) | 1.75 | Buy |
| Stochastic (14,3,3) | 99.73 | Sell |
| ADX (14) | 49.76 | Buy |
| Williams %R (14) | -0.82 | Sell |
| ATR (14) | 0.48 | Neutral |
| ROC (12) | 54.55 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 95.36 | Sell |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 March 2026 - Correction to 28-Feb-2026 board outcome: two postal-ballot items—sale/lease/disposal u/s180 and authority to borrow. | [Updates 9 March 2026 - Correction to 28-Feb-2026 board outcome: two postal-ballot items—sale/lease/disposal u/s180 and authority to borrow.](https://nsearchives.nseindia.com/corporate/SMVD_09032026150519_Update.pdf) |
| 7 Sep - Corrigendum to 17th AGM notice inserts Section 188 references in related-party resolutions. | [Shareholders meeting 7 Sep - Corrigendum to 17th AGM notice inserts Section 188 references in related-party resolutions.](https://nsearchives.nseindia.com/corporate/SMVD_07092026192425_CorrigendumStExc.pdf) |
| 7 Jul - Submitted Regulation 74(5) depository certificate for quarter ended June 30, 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 7 Jul - Submitted Regulation 74(5) depository certificate for quarter ended June 30, 2026.](https://nsearchives.nseindia.com/corporate/SMVD_07072026103307_DP.pdf) |
| 7 April 2026 - SMVD Poly Pack says Annual Secretarial Compliance Report is not applicable as it is SME-listed. | [Updates 7 April 2026 - SMVD Poly Pack says Annual Secretarial Compliance Report is not applicable as it is SME-listed.](https://nsearchives.nseindia.com/corporate/SMVD_07042026134728_Annualsecretarial.pdf) |
| 7 April 2026 - SME-listed company states Regulation 15(2) corporate governance provisions are not applicable; other listing compliances continue. | [Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter 7 April 2026 - SME-listed company states Regulation 15(2) corporate governance provisions are not applicable; other listing compliances continue.](https://nsearchives.nseindia.com/corporate/SMVD_07042026134435_Corporategovernance.pdf) |
| 7 April 2026 - Received ₹3,167.24 lakh insurance against ₹5,359.14 lakh assessed loss; exploring legal action against Oriental Insurance. | [Disruption of Operations 7 April 2026 - Received ₹3,167.24 lakh insurance against ₹5,359.14 lakh assessed loss; exploring legal action against Oriental Insurance.](https://nsearchives.nseindia.com/corporate/SMVD_07042026133947_Update.pdf) |
| 5 May - Promoters filed annual Regulation 31(4) declaration for FY ended March 31, 2026. | [Disclosure under SEBI Takeover Regulations 5 May - Promoters filed annual Regulation 31(4) declaration for FY ended March 31, 2026.](https://nsearchives.nseindia.com/corporate/team_bbodade_15042026162549_SMVD.pdf) |
| 4 April 2026 - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 4 April 2026 - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026.](https://nsearchives.nseindia.com/corporate/SMVD_04042026131229_DP.pdf) |
| 31 Aug - SMVD Poly Pack schedules 17th AGM on 28 September 2026; annual report dispatched, auditor and director appointments proposed. | [Shareholders meeting 31 Aug - SMVD Poly Pack schedules 17th AGM on 28 September 2026; annual report dispatched, auditor and director appointments proposed.](https://nsearchives.nseindia.com/corporate/SMVD_31082026185551_Shareholdermeeting.pdf) |
| 3 Sep - Newspaper publication issued for 17th AGM on 28 September 2026 with e-voting details. | [Copy of Newspaper Publication 3 Sep - Newspaper publication issued for 17th AGM on 28 September 2026 with e-voting details.](https://nsearchives.nseindia.com/corporate/SMVD_03092026134756_Newspaperpub.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31072_SMVD_2025_2026_A_1957040_02092026125537.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_29109_SMVD_2024_2025_A_1133139_17092025110949.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26276_SMVD_2023_2024_01102024214024.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_23335_SMVD_2022_2023_04092023110032_09042023120001.zip) |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/SME_AR_21071_SMVD_2021_2022_02092022140549_09022022150004.zip) |
| from nse | [Annual Report 2021 from nse](https://archives.nseindia.com/annual_reports/SME_AR_19890_SMVD_2020_2021_17122021150257_12172021160002.zip) |
| from nse | [Annual Report 2020 from nse](https://archives.nseindia.com/annual_reports/SME_AR_17516_SMVD_2019_2020_07092020163015_07092020170004.zip) |
| from nse | [Annual Report 2019 from nse](https://archives.nseindia.com/annual_reports/SME_AR_15970_SMVD_2018_2019_09092019163004_09092019170003.zip) |
| from nse | [Annual Report 2018 from nse](https://archives.nseindia.com/annual_reports/SME_AR_13362_SMVD_2017_2018_06092018142120.zip) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:26:32.947Z.