Dutron Polymers Ltd
Incorporated in 1981, Dutron Polymers Ltd manufactures Plastic Pipes and Fittings[1]
- Market Cap ₹ 63.8 Cr.
- Current Price ₹ 106
- High / Low ₹ 175 / 94.6
- Stock P/E 23.6
- Book Value ₹ 51.6
- Dividend Yield 1.41 %
- ROCE 11.7 %
- ROE 8.99 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has been maintaining a healthy dividend payout of 34.4%
Cons
- The company has delivered a poor sales growth of -0.53% over past five years.
- Company has a low return on equity of 9.39% over last 3 years.
* 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
Quarterly Results
Figures in Rs. Crores
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 88.00 | 104.73 | 87.38 | 97.03 | 106.36 | 89.18 | 94.38 | 124.55 | 131.91 | 119.24 | 104.03 | 91.91 | |
| 84.24 | 99.33 | 81.82 | 91.78 | 101.46 | 84.52 | 89.26 | 119.07 | 126.04 | 114.21 | 99.35 | 87.58 | |
| Operating Profit | 3.76 | 5.40 | 5.56 | 5.25 | 4.90 | 4.66 | 5.12 | 5.48 | 5.87 | 5.03 | 4.68 | 4.33 |
| OPM % | 4.27% | 5.16% | 6.36% | 5.41% | 4.61% | 5.23% | 5.42% | 4.40% | 4.45% | 4.22% | 4.50% | 4.71% |
| 1.01 | 0.15 | 0.15 | 0.17 | 0.61 | 0.62 | 0.44 | 0.40 | 0.14 | 0.52 | 0.59 | 0.60 | |
| Interest | 1.09 | 1.34 | 1.41 | 1.66 | 1.64 | 1.51 | 1.45 | 1.06 | 1.26 | 0.87 | 0.59 | 0.49 |
| Depreciation | 1.23 | 1.44 | 1.54 | 0.96 | 1.05 | 1.14 | 1.12 | 1.18 | 1.17 | 1.11 | 1.14 | 0.93 |
| Profit before tax | 2.45 | 2.77 | 2.76 | 2.80 | 2.82 | 2.63 | 2.99 | 3.64 | 3.58 | 3.57 | 3.54 | 3.51 |
| Tax % | 31.02% | 29.24% | 33.33% | 35.00% | 25.53% | 25.10% | 23.75% | 20.33% | 27.93% | 31.65% | 23.16% | 22.79% |
| 1.69 | 1.96 | 1.83 | 1.82 | 2.10 | 1.97 | 2.28 | 2.90 | 2.58 | 2.45 | 2.72 | 2.70 | |
| EPS in Rs | 2.82 | 3.27 | 3.05 | 3.03 | 3.50 | 3.28 | 3.80 | 4.83 | 4.30 | 4.08 | 4.53 | 4.50 |
| Dividend Payout % | 49.70% | 42.86% | 45.90% | 46.15% | 40.00% | 36.55% | 31.58% | 28.97% | 32.56% | 36.73% | 33.09% | 33.33% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | -1% |
| 3 Years: | -11% |
| TTM: | -12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 3% |
| 3 Years: | 2% |
| TTM: | 0% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | -8% |
| 3 Years: | -7% |
| 1 Year: | -25% |
| Return on Equity | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 10% |
| 3 Years: | 9% |
| Last Year: | 9% |
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 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 |
| Reserves | 8.55 | 9.51 | 10.26 | 11.07 | 10.97 | 13.24 | 14.98 | 17.04 | 18.88 | 20.43 | 23.15 | 24.95 |
| 13.58 | 15.12 | 15.66 | 22.67 | 16.59 | 14.51 | 13.25 | 13.36 | 9.64 | 6.25 | 4.71 | 3.59 | |
| 5.75 | 4.62 | 6.13 | 7.98 | 5.07 | 4.55 | 4.52 | 5.96 | 5.17 | 3.65 | 6.83 | 7.17 | |
| Total Liabilities | 33.88 | 35.25 | 38.05 | 47.72 | 38.63 | 38.30 | 38.75 | 42.36 | 39.69 | 36.33 | 40.69 | 41.71 |
| 6.70 | 8.51 | 8.80 | 8.12 | 8.74 | 8.97 | 8.66 | 8.17 | 7.68 | 7.10 | 6.99 | 6.67 | |
| CWIP | -0.00 | -0.00 | -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 | 1.76 | 2.07 | 2.33 | 2.49 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| 27.18 | 26.74 | 27.49 | 37.53 | 27.56 | 26.84 | 30.09 | 34.19 | 32.01 | 29.23 | 33.70 | 35.04 | |
| Total Assets | 33.88 | 35.25 | 38.05 | 47.72 | 38.63 | 38.30 | 38.75 | 42.36 | 39.69 | 36.33 | 40.69 | 41.71 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.72 | 4.40 | 3.23 | -4.95 | 8.22 | 3.36 | 6.26 | 1.50 | 7.94 | 4.95 | 5.34 | -1.00 | |
| -0.28 | -3.21 | -1.83 | -0.28 | -1.23 | -1.18 | -0.73 | -0.55 | -0.50 | -0.27 | -0.66 | -0.17 | |
| 1.03 | -1.40 | -0.97 | 4.82 | -6.71 | -2.06 | -2.99 | -2.47 | -7.19 | -5.73 | -2.12 | -2.46 | |
| Net Cash Flow | 0.03 | -0.21 | 0.43 | -0.41 | 0.28 | 0.12 | 2.54 | -1.53 | 0.25 | -1.06 | 2.56 | -3.63 |
| Free Cash Flow | -1.00 | 1.19 | 1.40 | -5.23 | 7.00 | 2.35 | 5.44 | 0.84 | 7.26 | 4.43 | 4.36 | -1.61 |
| CFO/OP | 5% | 100% | 78% | -73% | 186% | 88% | 135% | 43% | 154% | 116% | 137% | -3% |
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 | 57.24 | 42.48 | 39.98 | 84.94 | 46.36 | 41.83 | 45.33 | 53.72 | 31.16 | 36.49 | 40.45 | 33.52 |
| Inventory Days | 64.93 | 53.92 | 81.49 | 61.99 | 50.41 | 72.40 | 58.91 | 38.27 | 42.99 | 38.54 | 49.47 | 86.26 |
| Days Payable | 17.41 | 11.20 | 14.04 | 15.96 | 0.08 | 6.89 | 4.89 | 10.22 | 7.55 | 0.04 | 14.08 | 18.17 |
| Cash Conversion Cycle | 104.76 | 85.20 | 107.42 | 130.97 | 96.69 | 107.33 | 99.34 | 81.76 | 66.60 | 74.99 | 75.85 | 101.61 |
| Working Capital Days | 62.46 | 48.30 | 58.69 | 108.22 | 75.09 | 91.88 | 81.91 | 71.97 | 59.41 | 63.00 | 64.63 | 85.82 |
| ROCE % | 10.16% | 13.99% | 13.33% | 12.45% | 10.94% | 11.26% | 13.06% | 13.20% | 13.65% | 13.21% | 12.26% | 11.70% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Production Volume - Plastic Products (By Weight) Metric Tonnes (MT) |
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| Sales Volume - Plastic Products (By Weight) Metric Tonnes (MT) |
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| Electricity Purchased kWh |
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| Production Volume - Plastic Products (By Unit) Nos. |
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| Reduction in Energy Consumption per Unit of Production % |
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Extracted by Screener AI
Documents
Announcements
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Appointment Of Cost Auditor And Internal Auditor Of The Company For The F.Y. 2026-27
9h - 12 May 2026 board approved FY26 audited results, recommended Rs1.5 dividend, appointed auditors, and noted NCLT litigation.
- Corporate Action-Board approves Dividend 9h
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Audited Standalone Financial Results For The Quarter And Year Ended 31.03.2026
9h - Dutron Polymers reported FY26 audited results, recommended 15% dividend, and received unmodified audit opinion.
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Board Meeting Outcome for Outcome Of Board Meeting Held On Tuesday, 12.05.2026
10h - Dutron Polymers approved FY26 audited results, recommended Rs.1.5 dividend, and appointed cost and internal auditors.
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Board Meeting Intimation for Intimation For Board Meeting To Be Held On Tuesday, 12Th May, 2026
5 May - Board meets 12 May 2026 to approve FY26 results and consider dividend.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
Journey[1]
Incorporated in 1981, Co. had a Production Technology license from Wavin Overseas, Netherlands for the manufacture of HDPE, PVC pipes till 2006