Polymac Thermoformers Ltd
Incorporated in 1999, Polymac Thermoformers Ltd manufactures disposable plastic glasses, cups, and bowls, etc.[1]
- Market Cap ₹ 8.60 Cr.
- Current Price ₹ 18.0
- High / Low ₹ 24.2 / 11.2
- Stock P/E
- Book Value ₹ 21.8
- Dividend Yield 0.00 %
- ROCE -1.21 %
- ROE -1.71 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.82 times its book value
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 25.2%
- Company has a low return on equity of -0.03% over last 3 years.
- Debtor days have increased from 15.1 to 53.2 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|
| 1.47 | 1.48 | 2.63 | 3.91 | |
| 7.23 | 2.90 | 7.19 | 4.23 | |
| Operating Profit | -5.76 | -1.42 | -4.56 | -0.32 |
| OPM % | -391.84% | -95.95% | -173.38% | -8.18% |
| 6.04 | 1.62 | 4.97 | 0.28 | |
| Interest | 0.05 | 0.05 | 0.06 | 0.04 |
| Depreciation | 0.15 | 0.15 | 0.10 | 0.09 |
| Profit before tax | 0.08 | 0.00 | 0.25 | -0.17 |
| Tax % | 25.00% | 32.00% | 0.00% | |
| 0.06 | 0.00 | 0.17 | -0.17 | |
| EPS in Rs | 0.13 | 0.00 | 0.36 | -0.36 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 39% |
| TTM: | 49% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -206% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | % |
| 3 Years: | -21% |
| 1 Year: | -7% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 0% |
| Last Year: | -2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|
| Equity Capital | 4.78 | 4.78 | 4.78 | 4.78 |
| Reserves | 5.66 | 6.12 | 5.83 | 5.66 |
| 0.78 | 1.31 | 1.40 | 0.61 | |
| 2.47 | 1.89 | 3.67 | 1.99 | |
| Total Liabilities | 13.69 | 14.10 | 15.68 | 13.04 |
| 1.10 | 0.99 | 1.03 | 0.94 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1.11 | 1.01 | 1.28 | 1.00 |
| 11.48 | 12.10 | 13.37 | 11.10 | |
| Total Assets | 13.69 | 14.10 | 15.68 | 13.04 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|
| 0.00 | 0.00 | 0.68 | -0.60 | |
| 0.00 | 0.00 | -0.57 | -5.89 | |
| 0.00 | 0.00 | -0.07 | 6.49 | |
| Net Cash Flow | 0.00 | 0.00 | 0.04 | 0.00 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|
| Debtor Days | 17.38 | -91.25 | 83.27 | 53.21 |
| Inventory Days | 323.42 | 420.97 | 213.66 | 200.69 |
| Days Payable | 205.60 | 109.50 | 83.09 | 69.24 |
| Cash Conversion Cycle | 135.20 | 220.22 | 213.84 | 184.66 |
| Working Capital Days | 1,906.94 | 2,032.16 | 893.76 | 572.24 |
| ROCE % | 0.43% | 2.64% | -1.21% |
Documents
Announcements
-
Board Meeting Outcome for Regulation 30 (Disclosure Of Event Or Information) SEBI (LODR) Regulations, 2015
28 Oct - Sunita Shroff resigned as Whole-time Director of Polymac Thermoformers effective 28/10/2025.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
23 Oct - Newspaper Advertisement regarding Special Window for re-lodgement of transfer request of Physical shares
-
Non-Applicability Of Related Party Disclosure Pursuant To Regulation 23(9) Of SEBI (LODR) Regulation, 2015 For The Half Year Ended September 30, 2025
17 Oct - Polymac Thermoformers confirms Regulation 23(9) not applicable for half-year ended 30 Sep 2025; capital and net worth below thresholds.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
14 Oct - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulation 2018 for the quarter ended 30th September 2025
-
Monthly Report On Re-Lodgement Of Transfer Requests Of Physical Shares Pursuant To SEBI Circular No. SEBI/HO/MIRSD/MIRSD-Pod/P/CIR/2025/97 Dated 02 July 2025
14 Oct - SEBI re-lodgement report as of 31 Aug 2025: NIL requests received/processed/approved/rejected.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
Business Overview:[1][2]
PTFL is engaged in the commercial and agro business. It is also diversifying into other business activities. The company manufactures disposable plastic glasses, cups, bowls, etc. These are fast replacing conventional glasses, cups, etc., and are manufactured by the thermoforming technique.