Polylink Polymers (India) Ltd
Incorporated in 1993, Polylink Polymers Ltd is engaged in the manufacture and sale of polymeric compounds and color master batches.[1]
- Market Cap ₹ 44.7 Cr.
- Current Price ₹ 20.2
- High / Low ₹ 34.5 / 14.4
- Stock P/E 87.6
- Book Value ₹ 13.7
- Dividend Yield 0.00 %
- ROCE 11.0 %
- ROE 7.38 %
- Face Value ₹ 5.00
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 5.49% 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
Commodities Chemicals Chemicals & Petrochemicals Petrochemicals
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 35.40 | 37.04 | 35.99 | 32.01 | 34.46 | 47.04 | 47.05 | 37.43 | 45.69 | 50.36 | 74.67 | 91.23 | 87.03 | |
| 32.36 | 34.24 | 33.24 | 30.03 | 31.62 | 44.79 | 45.11 | 35.54 | 43.70 | 48.62 | 71.37 | 87.09 | 84.93 | |
| Operating Profit | 3.04 | 2.80 | 2.75 | 1.98 | 2.84 | 2.25 | 1.94 | 1.89 | 1.99 | 1.74 | 3.30 | 4.14 | 2.10 |
| OPM % | 8.59% | 7.56% | 7.64% | 6.19% | 8.24% | 4.78% | 4.12% | 5.05% | 4.36% | 3.46% | 4.42% | 4.54% | 2.41% |
| 1.14 | 0.59 | 0.81 | 0.87 | 0.68 | 0.62 | 0.76 | 0.53 | 0.45 | 0.27 | 0.24 | 0.28 | 0.35 | |
| Interest | 1.24 | 1.08 | 0.56 | 0.36 | 0.37 | 0.42 | 0.36 | 0.12 | 0.15 | 0.10 | 0.27 | 0.43 | 0.48 |
| Depreciation | 1.41 | 1.40 | 0.54 | 0.75 | 0.90 | 0.87 | 0.90 | 0.82 | 0.89 | 0.94 | 0.95 | 1.01 | 1.32 |
| Profit before tax | 1.53 | 0.91 | 2.46 | 1.74 | 2.25 | 1.58 | 1.44 | 1.48 | 1.40 | 0.97 | 2.32 | 2.98 | 0.65 |
| Tax % | 32.03% | 57.14% | 25.20% | 33.91% | 33.78% | 29.75% | 26.39% | 19.59% | 36.43% | 32.99% | 25.00% | 28.19% | |
| 1.04 | 0.38 | 1.82 | 1.14 | 1.49 | 1.11 | 1.07 | 1.19 | 0.90 | 0.64 | 1.73 | 2.13 | 0.51 | |
| EPS in Rs | 0.47 | 0.17 | 0.82 | 0.52 | 0.67 | 0.50 | 0.48 | 0.54 | 0.41 | 0.29 | 0.78 | 0.96 | 0.23 |
| 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: | 14% |
| 3 Years: | 26% |
| TTM: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 15% |
| 3 Years: | 33% |
| TTM: | -83% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 9% |
| 3 Years: | 1% |
| 1 Year: | -34% |
| Return on Equity | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 5% |
| 3 Years: | 5% |
| Last Year: | 7% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11.06 | 11.06 | 11.06 | 11.06 | 11.06 | 11.06 | 11.06 | 11.06 | 11.06 | 11.06 | 11.06 | 11.06 | 11.06 |
| Reserves | -2.68 | -2.30 | -0.48 | 8.62 | 10.14 | 11.26 | 12.32 | 13.53 | 14.45 | 15.03 | 16.76 | 18.85 | 19.22 |
| 8.28 | 4.30 | 3.23 | 2.58 | 2.62 | 2.98 | 0.42 | 1.38 | 1.87 | 0.45 | 1.90 | 2.58 | 7.33 | |
| 2.57 | 2.11 | 2.76 | 3.51 | 3.37 | 3.77 | 4.39 | 3.42 | 3.69 | 3.55 | 5.94 | 7.23 | 7.96 | |
| Total Liabilities | 19.23 | 15.17 | 16.57 | 25.77 | 27.19 | 29.07 | 28.19 | 29.39 | 31.07 | 30.09 | 35.66 | 39.72 | 45.57 |
| 5.71 | 4.78 | 5.35 | 15.49 | 15.86 | 15.90 | 15.75 | 15.25 | 16.33 | 15.79 | 16.20 | 16.38 | 21.22 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.20 | 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 | 0.00 |
| 13.52 | 10.39 | 11.22 | 10.28 | 11.33 | 13.17 | 12.44 | 12.94 | 14.74 | 14.30 | 19.46 | 23.34 | 24.35 | |
| Total Assets | 19.23 | 15.17 | 16.57 | 25.77 | 27.19 | 29.07 | 28.19 | 29.39 | 31.07 | 30.09 | 35.66 | 39.72 | 45.57 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.14 | 5.46 | 2.55 | 1.24 | 1.88 | 0.39 | 3.80 | 0.28 | 0.48 | 4.13 | -2.14 | 2.33 | |
| 0.99 | -0.43 | -0.69 | -0.44 | -1.55 | -0.41 | -0.77 | -1.18 | -0.87 | -0.52 | -0.85 | -2.65 | |
| -1.24 | -5.01 | -1.58 | -0.96 | -0.33 | -0.03 | -2.94 | 0.71 | 0.36 | -1.49 | 0.87 | 0.33 | |
| Net Cash Flow | -0.39 | 0.02 | 0.29 | -0.16 | -0.01 | -0.05 | 0.09 | -0.19 | -0.03 | 2.12 | -2.12 | 0.00 |
| Free Cash Flow | 0.83 | 4.98 | 1.45 | 0.88 | 0.60 | -0.43 | 3.21 | -1.13 | -0.39 | 3.71 | -3.10 | -0.32 |
| CFO/OP | -5% | 211% | 107% | 72% | 80% | 38% | 213% | 28% | 39% | 245% | -53% | 68% |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 46.81 | 40.50 | 40.16 | 60.32 | 68.32 | 66.03 | 56.40 | 72.84 | 74.21 | 46.97 | 59.05 | 56.09 |
| Inventory Days | 43.70 | 17.40 | 30.87 | 51.14 | 57.68 | 42.34 | 43.73 | 60.72 | 51.20 | 48.21 | 42.83 | 36.90 |
| Days Payable | 19.66 | 20.28 | 23.23 | 42.02 | 34.42 | 24.00 | 29.71 | 30.63 | 26.29 | 19.90 | 27.19 | 25.69 |
| Cash Conversion Cycle | 70.84 | 37.62 | 47.81 | 69.44 | 91.58 | 84.37 | 70.42 | 102.93 | 99.12 | 75.27 | 74.69 | 67.30 |
| Working Capital Days | 9.69 | -0.10 | 15.82 | 39.80 | 50.84 | 48.88 | 58.57 | 83.57 | 77.89 | 62.40 | 62.62 | 52.85 |
| ROCE % | 13.90% | 14.06% | 22.48% | 11.64% | 11.37% | 8.14% | 7.33% | 6.43% | 5.81% | 4.04% | 9.07% | 10.96% |
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 | |
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Extracted by Screener AI
Documents
Announcements
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
2d - Polylink Polymers confirms it is not a Large Corporate; outstanding borrowing was Rs. 5.05 crore.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Apr - Regulation 74(5) compliance certificate filed for quarter and year ended 31 March 2026.
- Closure of Trading Window 26 Mar
- Unaudited Financial Result For The Quarter Ended 31St December,2025 6 Feb
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Board Meeting Outcome for Outcome Of Board Meeting Pursuant To Regulation 30 And 33 Of SEBI (LODR) Regulations, 2015 ('Listing Regulation')
6 Feb - Board approved unaudited results for quarter/nine months ended 31 Dec 2025; limited review by auditors.
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]
PLPL is in the business of manufacturing all types of polymers, Polymeric compounds, and copolymers required as source material for cables of all types, including power cables, XLPE cables, and Telecommunication cables.