Axel Polymers Ltd

Axel Polymers Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Axel Polymers Ltd

₹ 47.1 7.06%
02 Jun - close price
axelpolymers.com BSE: 513642
About

Incorporated in 1992, Axel Polymers Ltd is a manufacturer of Compounds Blends & Alloys of Engineering Polymers.[1]

Key Points

Business Overview:[1]
APL is a Gujarat-based company engaged in the
Business of manufacturing of Compounds, Blends & Alloys of Engineering & Specialty Polymers, and trading of polymer compounds.
It is the largest manufacturer of Engineering Thermoplastic Compounds in India, catering
to Multinationals and Domestic Corporations.

Website BSE
  • Market Cap ₹ 51.8 Cr.
  • Current Price ₹ 47.1
  • High / Low ₹ 60.0 / 34.4
  • Stock P/E
  • Book Value ₹ 22.9
  • Dividend Yield 0.00 %
  • ROCE 3.49 %
  • ROE -5.60 %
  • Face Value ₹ 10.0
Edit ratios

Pros

Cons

  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -13.6%
  • The company has delivered a poor sales growth of -1.68% over past five years.
  • Company has a low return on equity of 1.21% over last 3 years.
  • Debtor days have increased from 53.6 to 78.0 days.
  • Working capital days have increased from 56.6 days to 115 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Industrials Capital Goods Industrial Products Plastic Products - Industrial

Edit Columns
Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
27.18 25.81 30.92 38.65 37.28 42.24 13.87 11.11 14.33 11.70 10.72 8.86 13.12
25.29 24.28 29.53 37.18 35.85 41.93 13.72 10.95 11.03 10.70 9.79 8.59 12.88
Operating Profit 1.89 1.53 1.39 1.47 1.43 0.31 0.15 0.16 3.30 1.00 0.93 0.27 0.24
OPM % 6.95% 5.93% 4.50% 3.80% 3.84% 0.73% 1.08% 1.44% 23.03% 8.55% 8.68% 3.05% 1.83%
0.12 0.01 0.01 0.01 0.01 0.03 0.01 0.01 0.09 0.01 0.02 0.03 0.05
Interest 0.86 0.80 0.78 0.67 0.62 0.75 0.85 0.81 0.82 0.82 0.79 0.77 0.70
Depreciation 0.24 0.12 0.12 0.12 0.34 0.12 0.12 0.12 0.20 0.15 0.15 0.15 0.28
Profit before tax 0.91 0.62 0.50 0.69 0.48 -0.53 -0.81 -0.76 2.37 0.04 0.01 -0.62 -0.69
Tax % 54.95% 0.00% 0.00% 2.90% 114.58% 0.00% 0.00% 0.00% 5.91% 0.00% 0.00% 0.00% 20.29%
0.41 0.62 0.50 0.67 -0.07 -0.53 -0.81 -0.76 2.23 0.04 0.01 -0.62 -0.82
EPS in Rs 0.48 0.73 0.59 0.79 -0.08 -0.62 -0.95 -0.89 2.62 0.05 0.01 -0.56 -0.75
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
16.19 18.53 21.94 26.97 24.37 22.90 48.32 72.91 82.65 127.92 78.09 44.40
14.74 17.37 20.81 25.65 22.71 21.51 44.41 68.80 77.53 122.12 74.13 41.97
Operating Profit 1.45 1.16 1.13 1.32 1.66 1.39 3.91 4.11 5.12 5.80 3.96 2.43
OPM % 8.96% 6.26% 5.15% 4.89% 6.81% 6.07% 8.09% 5.64% 6.19% 4.53% 5.07% 5.47%
0.04 0.08 0.27 0.04 0.02 0.02 0.40 0.55 0.28 0.04 0.14 0.12
Interest 0.88 0.84 0.93 0.79 0.91 0.97 3.32 2.84 3.16 2.85 3.23 3.08
Depreciation 0.48 0.25 0.21 0.28 0.33 0.36 0.42 0.48 0.54 0.70 0.56 0.73
Profit before tax 0.13 0.15 0.26 0.29 0.44 0.08 0.57 1.34 1.70 2.29 0.31 -1.26
Tax % 0.00% 0.00% 15.38% 17.24% -6.82% -12.50% -15.79% 31.34% 30.59% 31.88% 41.94% -10.32%
0.12 0.15 0.22 0.23 0.47 0.09 0.66 0.92 1.18 1.56 0.17 -1.13
EPS in Rs 0.28 0.35 0.51 0.53 1.09 0.21 1.53 1.08 1.39 1.83 0.20 -1.03
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 9%
5 Years: -2%
3 Years: -19%
TTM: -43%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -765%
Stock Price CAGR
10 Years: 26%
5 Years: 22%
3 Years: 2%
1 Year: 37%
Return on Equity
10 Years: 5%
5 Years: 4%
3 Years: 1%
Last Year: -6%

Balance Sheet

Figures in Rs. Crores

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 4.30 4.30 4.30 4.30 4.30 4.30 8.52 8.52 8.52 8.52 8.52 11.00
Reserves -3.44 -3.29 -3.09 -2.84 -2.37 -2.31 2.90 3.81 5.01 6.47 6.62 14.24
4.38 5.46 5.69 7.46 7.55 7.46 25.90 25.94 25.19 25.67 34.08 29.84
10.22 6.66 6.96 6.30 5.06 6.86 14.25 17.09 16.50 23.56 18.20 15.17
Total Liabilities 15.46 13.13 13.86 15.22 14.54 16.31 51.57 55.36 55.22 64.22 67.42 70.25
3.03 2.81 3.50 3.60 3.86 3.66 7.83 7.71 8.84 9.77 10.18 10.00
CWIP 0.30 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
12.13 10.31 10.36 11.62 10.68 12.65 43.74 47.65 46.38 54.45 57.24 60.25
Total Assets 15.46 13.13 13.86 15.22 14.54 16.31 51.57 55.36 55.22 64.22 67.42 70.25

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
0.22 -1.77 1.14 -0.62 1.39 1.22 -1.73 3.20 5.97 3.47 -3.66
-0.47 0.20 -0.70 -0.34 -0.58 -0.14 -0.01 -0.19 -1.57 -1.59 -0.87
-0.08 1.08 -0.70 0.97 -0.81 -1.08 1.34 -2.81 -3.57 -1.92 5.69
Net Cash Flow -0.34 -0.50 -0.27 0.02 0.00 0.00 -0.39 0.21 0.84 -0.05 1.16
Free Cash Flow 0.17 -1.81 0.28 -1.00 0.79 1.06 -2.12 2.83 4.30 1.84 -4.64
CFO/OP 15% -153% 104% -43% 89% 88% -41% 83% 122% 74% -88%

Ratios

Figures in Rs. Crores

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 123.32 86.08 33.94 36.68 26.36 33.47 100.01 57.02 33.87 31.19 51.56 78.01
Inventory Days 127.01 102.73 123.25 113.12 146.24 184.09 218.96 166.83 168.33 125.70 215.52 437.38
Days Payable 175.90 38.81 36.63 19.49 20.20 62.21 125.81 95.43 80.23 71.47 91.43 101.63
Cash Conversion Cycle 74.43 150.00 120.56 130.30 152.40 155.35 193.16 128.43 121.97 85.42 175.64 413.76
Working Capital Days 4.51 47.27 12.48 20.71 13.33 18.33 33.16 27.78 30.74 24.77 29.87 115.01
ROCE % 17.99% 16.91% 17.35% 13.65% 14.67% 11.09% 16.63% 11.06% 12.63% 12.95% 7.88% 3.49%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Production Volume
MT

Log in to view insights

Please log in to see hidden values.

Login
Power Cost per Kg of Production
Rs/Kg
Permanent Employees
Count
Installed Production Capacity
MTPA

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
61.90% 61.90% 61.72% 61.26% 61.26% 61.16% 61.16% 61.16% 61.16% 61.16% 60.26% 46.65%
0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.18%
37.86% 37.87% 38.04% 38.51% 38.51% 38.61% 38.61% 38.61% 38.60% 38.61% 39.51% 53.17%
No. of Shareholders 10,09410,11110,15810,22110,19910,15810,13910,10510,09810,06710,16810,136

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings