Polymechplast Machines Ltd
Incorporated in 1978, Polymechplast Machines Ltd manufactures and exports various range of plastic processing machines.[1]
- Market Cap ₹ 30.8 Cr.
- Current Price ₹ 54.9
- High / Low ₹ 76.0 / 44.0
- Stock P/E 10.7
- Book Value ₹ 50.4
- Dividend Yield 1.82 %
- ROCE 13.3 %
- ROE 10.7 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.09 times its book value
Cons
- The company has delivered a poor sales growth of 2.51% over past five years.
- Promoter holding is low: 36.5%
- Company has a low return on equity of 5.87% over last 3 years.
- Earnings include an other income of Rs.4.93 Cr.
* 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 Manufacturing Industrial Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 23.33 | 34.56 | 33.72 | 47.24 | 54.51 | 43.91 | 60.89 | 83.44 | 69.22 | 59.04 | 64.89 | 68.93 | |
| 23.47 | 32.90 | 31.73 | 44.51 | 50.90 | 41.08 | 56.98 | 77.96 | 66.41 | 57.16 | 63.19 | 68.84 | |
| Operating Profit | -0.14 | 1.66 | 1.99 | 2.73 | 3.61 | 2.83 | 3.91 | 5.48 | 2.81 | 1.88 | 1.70 | 0.09 |
| OPM % | -0.60% | 4.80% | 5.90% | 5.78% | 6.62% | 6.45% | 6.42% | 6.57% | 4.06% | 3.18% | 2.62% | 0.13% |
| 1.74 | 0.16 | 0.20 | 0.24 | 0.30 | 0.29 | 0.53 | 0.49 | 0.63 | 0.66 | 0.76 | 4.93 | |
| Interest | 0.61 | 0.56 | 0.50 | 0.40 | 0.45 | 0.45 | 0.33 | 0.43 | 0.46 | 0.52 | 0.25 | 0.37 |
| Depreciation | 0.29 | 0.29 | 0.31 | 0.37 | 0.38 | 0.31 | 0.46 | 0.80 | 0.92 | 0.94 | 0.92 | 0.87 |
| Profit before tax | 0.70 | 0.97 | 1.38 | 2.20 | 3.08 | 2.36 | 3.65 | 4.74 | 2.06 | 1.08 | 1.29 | 3.78 |
| Tax % | 18.57% | 22.68% | 21.74% | 44.09% | 28.90% | 26.69% | 23.84% | 27.00% | 25.24% | 26.85% | 29.46% | 23.81% |
| 0.57 | 0.75 | 1.09 | 1.24 | 2.19 | 1.72 | 2.78 | 3.47 | 1.55 | 0.79 | 0.91 | 2.88 | |
| EPS in Rs | 0.99 | 1.30 | 1.89 | 2.59 | 4.58 | 3.60 | 5.81 | 6.19 | 2.77 | 1.41 | 1.62 | 5.14 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 17.46% | 22.23% | 17.19% | 16.14% | 36.13% | 70.89% | 61.54% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 3% |
| 3 Years: | 0% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 1% |
| 3 Years: | 23% |
| TTM: | 216% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 0% |
| 3 Years: | -2% |
| 1 Year: | -9% |
| Return on Equity | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 8% |
| 3 Years: | 6% |
| Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 5.28 | 5.28 | 5.28 | 4.78 | 4.78 | 4.78 | 4.78 | 5.60 | 5.60 | 5.60 | 5.60 | 5.60 |
| Reserves | 2.62 | 3.38 | 4.36 | 6.05 | 7.79 | 9.03 | 11.42 | 18.58 | 19.62 | 19.87 | 20.22 | 22.62 |
| 4.86 | 5.67 | 5.47 | 6.13 | 6.31 | 6.40 | 5.38 | 5.07 | 4.21 | 1.05 | 3.53 | 4.68 | |
| 6.65 | 5.39 | 4.95 | 8.13 | 9.90 | 10.26 | 15.38 | 15.88 | 13.84 | 14.94 | 15.37 | 19.96 | |
| Total Liabilities | 19.41 | 19.72 | 20.06 | 25.09 | 28.78 | 30.47 | 36.96 | 45.13 | 43.27 | 41.46 | 44.72 | 52.86 |
| 6.66 | 6.94 | 6.82 | 6.68 | 6.77 | 6.49 | 13.61 | 16.83 | 16.44 | 16.33 | 15.46 | 11.76 | |
| CWIP | 0.03 | 0.00 | 0.03 | 1.19 | 2.81 | 5.06 | 0.23 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.06 | 0.06 | 0.72 | 0.72 | 0.16 |
| 12.72 | 12.78 | 13.21 | 17.22 | 19.20 | 18.92 | 23.10 | 28.24 | 26.77 | 24.41 | 28.54 | 40.94 | |
| Total Assets | 19.41 | 19.72 | 20.06 | 25.09 | 28.78 | 30.47 | 36.96 | 45.13 | 43.27 | 41.46 | 44.72 | 52.86 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.03 | 2.22 | 1.02 | 3.99 | 1.30 | 2.56 | 8.70 | 2.60 | 1.11 | 3.46 | -0.83 | -5.24 | |
| -0.08 | -0.40 | -0.42 | -1.02 | -2.10 | -2.55 | -5.10 | -8.50 | -0.22 | 0.71 | 1.64 | 3.24 | |
| -0.50 | -0.45 | -0.61 | 0.21 | -0.73 | -0.82 | -1.33 | 3.75 | -1.89 | -4.15 | 1.75 | 0.22 | |
| Net Cash Flow | -0.55 | 1.37 | -0.01 | 3.17 | -1.52 | -0.81 | 2.27 | -2.16 | -1.00 | 0.02 | 2.56 | -1.78 |
| Free Cash Flow | -0.09 | 1.69 | 0.80 | 2.60 | -0.80 | 0.27 | 5.72 | -0.88 | 0.63 | 2.64 | 0.92 | 1.63 |
| CFO/OP | -136% | 160% | 69% | 171% | 67% | 116% | 247% | 63% | 57% | 206% | -15% | -4,500% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 43.34 | 26.93 | 33.12 | 24.57 | 20.02 | 13.05 | 8.87 | 12.12 | 8.38 | 16.38 | 10.18 | 23.56 |
| Inventory Days | 153.11 | 111.62 | 110.13 | 76.40 | 103.92 | 135.71 | 91.62 | 75.26 | 95.49 | 91.85 | 97.47 | 111.75 |
| Days Payable | 54.14 | 22.20 | 20.52 | 24.22 | 51.15 | 53.39 | 53.23 | 37.75 | 46.72 | 49.84 | 45.58 | 81.01 |
| Cash Conversion Cycle | 142.31 | 116.34 | 122.73 | 76.74 | 72.79 | 95.36 | 47.27 | 49.63 | 57.16 | 58.39 | 62.08 | 54.31 |
| Working Capital Days | 9.23 | -2.43 | 0.65 | -18.93 | -0.67 | -5.90 | -36.09 | -17.94 | -12.97 | -4.70 | -7.93 | 0.64 |
| ROCE % | -2.70% | 11.30% | 12.70% | 16.21% | 19.70% | 14.38% | 19.00% | 20.34% | 8.59% | 5.72% | 5.51% | 13.33% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Export Earnings INR Lakhs |
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| Number of Permanent Employees Nos |
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| Global Installed Base (Goldcoin Machines) Units |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - FY26 Secretarial Compliance Report filed; several past LODR delays fined, including Rs. 2,14,760 and Rs. 59,000.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
23 May - Newspaper Publication for Audited Financial Results for the Quarter and Financial Year ended 31st March, 2026
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AUDITED FINANCIAL RESULTS FOR THE QUARTER AND FINANCIAL YEAR ENDED 31-MARCH-2026
21 May - Board approved FY26 audited results, recommended 10% dividend, and appointed internal auditor.
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INTIMATION OF APPOINTMENT OF INTERNAL AUDITORS FOR THE FINANCIAL YEAR 2026-27
21 May - Board appointed M/s. K R & Associates as internal auditors for FY2026-27 on 21 May 2026.
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Corporate Action-Board approves Dividend
21 May - Board recommended final dividend of 10% Rs.1 per share for FY2026 on 21 May 2026.
Annual reports
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Financial Year 2025
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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
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Business Overview:[1][2][3]
PML, based in Vadodara, manufactures GOLD COIN plastic processing machinery, including injection and blow moulding machines. It is a pioneer in two- and three-color marble-effect injection moulding machines in India, with 10,000+ GOLD COIN machines operating globally, many running 24/7.