Polyplex Corporation Ltd.

BSE: POLYPLEX524051ISIN INE633B01018

Industrials
Packaging
BSE 1000

Share price

₹918.30+9.35 (+1.03%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹1,267.75
52W low: ₹743.00
Off 52W high: -27.56%
1M return: -9.98%
3M return: -17.72%
6M return: -2.82%
1Y return: -2.79%
20D avg volume: 2,283
50 DMA: ₹1,055.74
200 DMA: ₹963.45

Key ratios Consolidated

Market cap: ₹2,883 Cr
Current price: ₹918.30
52W high / low: ₹1,267.75 / ₹743.00
Face value: ₹10.00
P/E: 10.61
P/B: 0.69
EPS (TTM): ₹86.58
Book value / share: ₹1,326.22
ROE: —
ROCE: 1.00%
Operating margin: —
Net margin: —
Debt / equity: 0.13
Net debt: ₹593.87 Cr
Interest cover: 1.38
Dividend yield: 0.33%
Dividend / share (TTM): ₹3.00
Payout: 3.46%
Cash conversion cycle: 113.9 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	2,254	1,871	1,682	1,794	1,739	1,740	1,721	1,739	1,686	1,679	1,496	1,572
	25.47	61.86	27.26	22.77	29.79	17.73	107.45	100.35	25.92	16.79	44.67	23.59
	2,279	1,933	1,710	1,817	1,768	1,757	1,829	1,839	1,712	1,695	1,540	1,596
	2,068	1,890	1,685	1,793	1,839	1,763	1,687	1,637	1,604	1,674	1,532	1,537
	1,391	1,138	1,022	1,080	1,093	1,057	1,037	1,174	1,062	1,040	1,020	977.88
	54.41	55.74	52.58	28.53	10.93	20.03	28.03	31.20	32.56	40.11	51.20	34.68
	216.55	196.09	199.78	185.32	181.45	160.16	158.52	148.26	148.72	173.76	140.59	137.63
	16.90	13.21	12.95	13.04	14.11	11.16	11.52	10.57	12.83	10.33	10.29	9.95
	94.35	94.29	94.46	88.80	85.67	76.08	75.61	78.70	69.59	81.90	75.43	75.14
	437.10	366.54	333.19	375.53	498.35	426.01	225.21	202.03	202.22	206.76	222.10	170.87
	210.65	42.56	24.97	23.46	-70.60	-5.61	141.55	201.99	107.41	21.13	8.47	59.13
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	210.65	42.56	24.97	23.46	-70.60	-5.61	141.55	201.99	107.41	21.13	8.47	59.13
	39.58	4.93	-4.64	-10.04	-10.79	3.04	36.42	37.88	10.28	10.24	8.60	10.88
	171.07	37.63	29.61	33.50	-59.81	-8.65	105.13	164.11	97.13	31.37	17.07	48.25
	29.00	7.90	4.70	7.87	-6.15	3.22	18.40	27.97	17.05	2.68	1.47	8.90
Key metrics
	321.90	150.06	132.38	125.30	29.18	81.63	228.68	291.26	189.83	113.36	94.19	144.22
	14.30%	8.00%	7.90%	7.00%	1.70%	4.70%	13.30%	16.80%	11.30%	6.80%	6.30%	9.20%
	7.60%	2.00%	1.80%	1.90%	-3.40%	-0.50%	6.10%	9.40%	5.80%	1.90%	1.10%	3.10%
	—	0.80%	—	0.50%	—	0.10%	—	—	—	—	—	—
	29.60%	7.50%	-2.30%	3.20%	3.10%	3.60%	15.10%	10.60%	—	—	—	—
	386.00%	535.00%	-71.80%	-79.60%	-161.60%	-127.60%	515.90%	240.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	7,601	7,086	6,885	6,307	7,652	6,624
	137.36	87.57	95.38	60.26	95.19	127.98
	7,738	7,173	6,981	6,367	7,747	6,752
	7,437	7,153	6,535	6,291	7,037	5,606
	4,631	4,332	4,329	3,997	4,568	3,782
	191.26	147.78	111.82	178.38	224.79	201.99
	797.74	762.64	615.66	585.90	490.49	482.44
	56.10	53.31	46.08	42.38	35.27	16.50
	371.90	363.22	299.98	307.13	296.28	272.52
	1,512	1,520	1,232	767.53	899.34	865.18
	301.64	20.39	445.34	75.91	710.82	1,147
	0.00	0.00	0.00	0.00	0.00	0.00
	301.64	20.39	445.34	75.91	710.82	1,147
	29.83	-20.54	87.62	10.47	95.28	182.04
	271.81	40.93	357.72	86.38	615.54	964.83
	49.47	14.32	66.64	12.05	110.97	181.19
Key metrics
	729.64	436.92	791.40	425.42	1,042	1,436
	9.60%	6.20%	11.50%	6.70%	13.60%	21.70%
	3.58%	0.60%	5.20%	1.40%	8.00%	14.60%
	—	1.00%	7.30%	—	—	—
	9.55%	2.90%	9.20%	-17.60%	15.50%	—
	35.38%	-88.60%	314.10%	-86.00%	-36.20%	—
	—	131.61	-64.69	—	—	—
	—	13.12	1.22	—	—	—
	—	0.13	0.14	—	—	—
	—	593.87	464.29	—	—	—
	—	113.9	110.0	—	—	—
Balance sheet
	—	8,914	7,998	—	—	—
	—	4,163	3,632	—	—	—
	—	323.22	400.78	—	—	—
	—	1,125	1,016	—	—	—
	—	1,712	1,566	—	—	—
	—	239.51	163.39	—	—	—
	—	4,195	3,939	—	—	—
	—	625.70	507.90	—	—	—
	—	1,605	1,305	—	—	—
	—	917.09	865.07	—	—	—
	—	758.50	519.88	—	—	—
	—	158.59	345.19	—	—	—
	—	7,037	6,221	—	—	—
Cash flow
	—	536.85	438.03	—	—	—
	—	-508.96	-473.06	—	—	—
	—	-132.73	-37.54	—	—	—
	—	405.24	502.72	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	439.53	401.49	331.17	372.60	391.94	382.09	405.38	392.52	382.78	368.65	312.81	381.33
	7.10	21.64	6.54	15.53	15.15	20.17	11.48	11.25	5.63	9.22	9.43	14.17
	446.63	423.13	337.71	388.13	407.09	402.26	416.86	403.77	388.41	377.87	322.24	395.50
	429.80	387.70	347.94	368.75	377.54	358.86	385.83	387.02	378.64	392.80	334.24	382.96
	353.65	273.11	243.49	261.81	265.38	251.03	265.35	268.79	280.69	263.83	240.63	265.39
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	32.08	28.23	31.94	31.06	30.14	30.34	29.24	28.81	28.35	42.62	27.52	28.19
	3.93	2.65	2.49	2.25	2.01	2.76	3.02	2.50	1.80	1.39	0.69	0.67
	12.41	14.42	13.46	11.50	10.20	12.18	12.82	12.00	10.44	12.87	11.82	10.93
	73.76	71.39	64.68	66.23	66.24	56.92	43.76	47.70	45.41	42.34	36.49	—
	16.83	35.43	-10.23	19.38	29.55	43.40	31.03	16.75	9.77	-14.93	-12.00	12.54
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	16.83	35.43	-10.23	19.38	29.55	43.40	31.03	16.75	9.77	-14.93	-12.00	12.54
	4.35	6.74	-2.53	3.25	7.46	6.73	11.84	2.05	3.24	3.61	2.91	1.74
	12.48	28.69	-7.70	16.13	22.09	36.67	19.19	14.70	6.53	-11.32	-9.09	10.80
	3.98	9.14	-2.46	5.14	7.04	11.68	6.12	4.68	2.08	-3.61	-2.90	3.44
Key metrics
	33.17	52.50	5.72	33.13	41.76	58.34	46.87	31.25	22.01	-0.67	0.51	24.14
	7.50%	13.10%	1.70%	8.90%	10.70%	15.30%	11.60%	8.00%	5.80%	-0.20%	0.20%	6.30%
	2.80%	7.10%	-2.30%	4.30%	5.60%	9.60%	4.70%	3.70%	1.70%	-3.10%	-2.90%	2.80%
	—	4.40%	—	2.60%	—	6.00%	—	—	—	—	—	—
	12.10%	5.10%	-18.30%	-5.10%	2.40%	3.60%	29.60%	2.90%	—	—	—	—
	-43.50%	-21.80%	-140.10%	9.70%	238.30%	423.90%	311.10%	36.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	1,545	1,497	1,563	1,414	1,648	1,785
	50.81	58.86	48.53	37.48	257.17	336.97
	1,596	1,556	1,611	1,451	1,905	2,122
	1,534	1,482	1,510	1,465	1,584	1,567
	1,132	1,044	1,066	1,036	1,165	1,131
	0.00	0.00	0.00	—	0.35	—
	123.31	121.37	116.74	122.90	96.94	109.79
	11.32	9.40	10.08	3.38	0.71	2.21
	51.79	49.58	47.44	46.05	47.92	51.20
	276.06	268.54	269.94	146.54	180.90	209.04
	61.41	74.13	100.95	-13.58	321.49	554.54
	0.00	0.00	0.00	—	—	—
	61.41	74.13	100.95	-13.58	321.49	554.54
	11.81	14.92	23.86	4.53	26.86	63.07
	49.60	59.21	77.09	-9.05	294.63	491.47
	15.80	18.86	24.56	-2.89	93.85	156.56
Key metrics
	124.52	133.11	158.47	35.85	370.12	607.95
	8.06%	8.90%	10.10%	2.50%	22.50%	34.10%
	3.21%	4.00%	4.90%	-0.60%	17.90%	27.50%
	—	9.70%	14.40%	—	—	—
	-1.73%	-4.20%	10.50%	-14.20%	-7.70%	—
	-46.47%	-23.20%	951.80%	-103.10%	-40.10%	—
	—	-59.58	22.19	—	—	—
	—	1.72	1.45	—	—	—
	—	0.32	0.18	—	—	—
	—	180.99	109.13	—	—	—
	—	88.9	84.0	—	—	—
Balance sheet
	—	1,081	919.97	—	—	—
	—	562.56	513.24	—	—	—
	—	59.01	19.12	—	—	—
	—	177.48	179.15	—	—	—
	—	220.04	216.49	—	—	—
	—	60.27	54.19	—	—	—
	—	283.42	257.37	—	—	—
	—	32.95	35.85	—	—	—
	—	218.61	147.83	—	—	—
	—	240.00	128.25	—	—	—
	—	140.19	69.75	—	—	—
	—	99.81	58.50	—	—	—
	—	753.81	713.36	—	—	—
Cash flow
	—	101.68	111.53	—	—	—
	—	-139.61	-88.81	—	—	—
	—	79.18	-23.50	—	—	—
	—	161.26	89.34	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -3.15%
Sales CAGR 5Y: —
Profit CAGR 3Y: -41.43%
Profit CAGR 5Y: —
Sales YoY (TTM): -1.73%
Profit YoY (TTM): -46.47%

Consolidated

Sales CAGR 3Y: -2.53%
Sales CAGR 5Y: —
Profit CAGR 3Y: -59.49%
Profit CAGR 5Y: —
Sales YoY (TTM): +9.55%
Profit YoY (TTM): +35.38%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 26.72%

Quarter	September 2026	June 2026
Promoter %	26.72%	26.72%

Holder	Type	Holding	Previous	Change
AGP Holdco Limited	Public	24.28%	24.28%	0.00%
Secure Investments Limited	Promoter Group	22.10%	22.10%	0.00%
FIRST WATER FUND CLASS C	Public	2.63%	—	—
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND	Public	2.09%	2.09%	0.00%
Bhilangana Hydro Power Limited	Promoter Group	1.93%	1.93%	0.00%
Sakhi Saraf	Promoter Group	1.82%	1.82%	0.00%
1729 CAPITAL	Public	1.62%	1.36%	+0.26%
Amla Saraf	Promoter Group	0.83%	0.83%	0.00%
Huma Khalil	Promoter Group	0.03%	0.03%	0.00%
Sanjiv Chadha	Promoter Group	0.01%	0.01%	0.00%
Adnan Khalil	Promoter Group	0.00%	0.00%	0.00%
A.D. Holdings Limited	Promoter Group	0.00%	0.00%	0.00%
Pioneer Green Energy Securities Private Limited	Promoter Group	0.00%	0.00%	0.00%
India Ener-gen Private Limited	Promoter Group	0.00%	0.00%	0.00%
Torino Enterprises Limited	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
EPL LIMITED	7,186	223.95	18.28	16.80%	+21.90% TTM	-4.65% TTM	+10.57%
AGI GREENPAC LIMITED	4,250	656.85	12.05	18.20%	+6.19% TTM	+0.21% TTM	-19.59%
Uflex Limited	4,198	581.30	6.15	8.00%	+10.36% TTM	+128.29% TTM	+8.24%
TCPL Packaging Limited	4,123	4,531.15	35.70	20.30%	+5.43% TTM	-13.56% TTM	+36.69%
JINDAL POLY FILMS LIMITED	3,059	698.60	-3.09	-17.10%	-58.49% TTM	-4,451.01% TTM	+24.89%
Polyplex Corporation Ltd.	2,883	918.30	10.61	1.00%	+9.55% TTM	+35.38% TTM	-2.79%
Xpro India Ltd.	2,588	1,102.75	74.18	3.40%	+12.17% TTM	+157.75% TTM	-0.55%
KNACK PACKAGING LIMITED	2,296	187.60	—	—	—	—	—
Mold-Tek Packaging Limited S	2,195	330.35	13.45	14.20%	+19.84% TTM	+20.42% TTM	-5.07%
Cosmo First Limited	2,094	797.55	9.57	10.80%	+41.30% TTM	+49.60% TTM	-9.65%
HUHTAMAKI INDIA LIMITED S	1,633	216.25	12.62	—	+11.70% TTM	+29.94% TTM	-12.47%
Arrow Greentech Limited	1,158	767.55	18.12	27.40%	+12.75% TTM	+18.91% TTM	+30.42%
Dhunseri Ventures Limited	949	270.95	4.96	-0.10%	-23.39% TTM	+32.93% TTM	-18.08%
Commercial Syn Bags Limited	937	232.20	32.80	18.20%	+12.22% TTM	+43.15% TTM	+50.78%
Ester Industries Ltd.	925	88.70	42.20	3.20%	+14.85% TTM	+470.83% TTM	-20.05%
Oricon Enterprises Ltd.	899	57.23	31.07	2.60%	-72.18% TTM	-79.84% TTM	-0.54%
Haldyn Glass Limited	708	131.75	23.89	11.90%	+18.93% TTM	+55.02% TTM	+37.35%
Hitech Corporation Limited	704	410.00	40.13	10.60%	+20.12% TTM	+79.08% TTM	+112.93%
Shree Rama Multi-tech Ltd. S	627	46.96	24.46	17.90%	+22.55% TTM	-54.52% TTM	-17.13%
Shri Jagdamba Polymers Ltd S	622	709.80	13.11	17.10%	-8.73% TTM	-7.89% TTM	-12.54%
SUBAM PAPERS LIMITED	617	224.50	—	5.30%	—	—	+52.20%
Kanpur Plastipack Limited	607	248.00	11.36	19.60%	+17.73% TTM	+117.32% TTM	+19.60%
Nahar Polyfilms Ltd.	583	237.10	6.91	10.50%	+7.93% TTM	+39.08% TTM	-24.60%
Pyramid Technoplast Limited S	545	148.10	17.38	12.90%	+19.00% TTM	+16.06% TTM	-8.01%
TPL Plastech Limited	521	66.78	17.29	23.50%	+25.92% TTM	+22.45% TTM	-5.25%

Filings & corporate actions

Recent announcements

Polyplex Corporation Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/11/2026 ,inter alia, to consider and approve Please note that a meeting ....4 Nov 2026 · Board Meeting / Board Meeting
Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended September 30, 2026.12 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Disclosure regarding proposed capacity addition by Polyplex (Thailand) Public Company Limited, a material subsidiary of the Company7 Oct 2026 · Company Update / General
In continuation of our earlier intimation dated April 30, 2026 informing about the completion of acquisition of 51% (fifty one percent) of the share capital of PDPL, for a total investment ....1 Oct 2026 · Others / Outcome without intimation
Trading Window closure for the quarter/ half year ending on September 30, 202628 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Voting Results along with Scrutinizer''s report of 41st AGM9 Sep 2026 · AGM/EGM / AGM
Presentation made at the 41st AGM held on September 08, 2026.8 Sep 2026 · Company Update / General
proceedings of 41st AGM held on September 08, 2026.8 Sep 2026 · AGM/EGM / AGM
Submission of newspaper notice regarding dispatch of Annual Report for FY 2025-26 and Notice of 41st AGM17 Aug 2026 · Company Update / Newspaper Publication
BRSR for the financial year 2025-2614 Aug 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Annual Report for the financial year 2025-2614 Aug 2026 · Others / Reg. 34 (1) Annual Report
Notice of the 41st AGM of the Company to be held on Tuesday, September 08, 202614 Aug 2026 · AGM/EGM / AGM
Investor Presentation on the consolidated financial results for the quarter ended June 30, 202613 Aug 2026 · Company Update / Investor Presentation
Financial Results for the quarter ended June 30, 202611 Aug 2026 · Board Meeting / Outcome of Board Meeting
Financial Results for the quarter ended June 30, 202611 Aug 2026 · Result / Financial Results
In response to the Tender Offer made by AGPH (Thailand)Ltd., Thailand (Tender Offeror) to acquire all of the ordinary shares of Polyplex (Thailand) Public Company Ltd., (PTL) (a 51% subsidiary ....6 Aug 2026 · Company Update / General
Submission of Newspaper Notice for information regarding 41st AGM of the Company to be held through VC/OAVM6 Aug 2026 · Company Update / Newspaper Publication
Polyplex Corporation Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/08/2026 ,inter alia, to consider and approve Please note that a meeting ....1 Aug 2026 · Board Meeting / Board Meeting
The Board has fixed September 08, 2026 as the date of 41st Annual General Meeting.24 Jul 2026 · Company Update / General
The Board has approved record Date for the purpose of final dividend for the FY 2025-26 as September 08, 202624 Jul 2026 · Corp. Action / Record Date
Re-appointment of Cost Auditors for the FY 2026-2724 Jul 2026 · Others / Outcome without intimation
Re-appointment of Cost Auditors of the Company for the FY 2026-2724 Jul 2026 · Company Update / Change in Management
Compliance Certificate under Regulation 74(5) of SEBI (DP) Regulations, 201814 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Scrutinizer''s report along with voting results of Postal Ballot6 Jul 2026 · AGM/EGM / Postal Ballot
Outcome of Postal Ballot6 Jul 2026 · AGM/EGM / Postal Ballot
As per PDF attached.1 Jul 2026 · Company Update / General
As per PDF attached.1 Jul 2026 · Company Update / General
Closure of Trading Window w.e.f. July 1, 2026 till the completion of 48 hours after the declaration of Unaudited financial results for the quarter ended June 30, 2026.25 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
As per PDF attached22 Jun 2026 · Company Update / General
Newspaper Advertisements for Notice of Postal Ballot by way of remote evoting5 Jun 2026 · Company Update / Newspaper Publication
Notice of Postal Ballot4 Jun 2026 · AGM/EGM / Postal Ballot
Annual Secretarial Compliance Report for the financial year ended on March 31, 202629 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Investor Presentation for the Quarter and Year ended March 31, 2026.27 May 2026 · Company Update / Investor Presentation
Please refer the attachment23 May 2026 · Company Update / Change in Directorate
Board has recommended final dividend of Re. 1/- per share for the financial year 2025-2623 May 2026 · Corp. Action / Dividend
Audit Financial Results for the financial year ended March 31, 202623 May 2026 · Result / Financial Results
We are pleased to inform you that the Board of Directors in their meeting held on May 23, 2026 has approved the following: 1. Audited Standalone Financial Results for the quarter/ year ....23 May 2026 · Board Meeting / Outcome of Board Meeting
Polyplex Corporation Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/05/2026 ,inter alia, to consider and approve Please note that a meeting ....20 May 2026 · Board Meeting / Board Meeting
Cessation of Mr. Ranjit Singh as an Independent Director w.e.f. May 11, 2026, upon completion of his second term of five years.12 May 2026 · Company Update / Change in Directorate
Appointment of Independent Director w.e.f. May 12, 20268 May 2026 · Company Update / Change in Directorate

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 1.0000	8 Sep 2026	8 Sep 2026	—
Interim Dividend - Rs. - 2.0000	21 Nov 2025	21 Nov 2025	—
Final Dividend - Rs. - 4.5000	15 Sep 2025	15 Sep 2025	—
Interim Dividend - Rs. - 9.0000	26 Nov 2024	26 Nov 2024	—
Final Dividend - Rs. - 1.0000	20 Sep 2024	—	—

Board meetings

11 Aug 2026 Board Meeting - Financial Results