Polo Queen Industrial and Fintech Ltd
Polo Queen Industrial and Fintech Ltd is a Mumbai-based trading-led group spanning textiles, branded FMCG, chemicals/minerals
and a small non-deposit-taking NBFC. Its Poloqueen /Doan Rajkamal portfolio serves civilian and defence channels, while specialty cleaning additives are produced through third-party job work. It also owns Mahad and Dombivli property assets and proposes agro-processing and data-centre projects.[1]
- Market Cap ₹ 248 Cr.
- Current Price ₹ 7.39
- High / Low ₹ 38.4 / 6.74
- Stock P/E 151
- Book Value ₹ 5.77
- Dividend Yield 0.00 %
- ROCE 2.48 %
- ROE 1.34 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 1.09% over last 3 years.
- Earnings include an other income of Rs.1.24 Cr.
- Debtor days have increased from 67.6 to 87.7 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
Services Services Commercial Services & Supplies Trading & Distributors
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 61.31 | 71.84 | 51.72 | 17.34 | 32.12 | 56.52 | 76.75 | 68.44 | 80.42 | 75.86 | 65.87 | |
| Sales growth | +17.18% | -28.01% | -66.47% | +85.24% | +75.97% | +35.79% | -10.83% | +17.50% | -5.67% | -4.94% | |
| 57.93 | 68.89 | 49.80 | 17.19 | 30.47 | 52.42 | 71.27 | 64.89 | 75.95 | 71.59 | 63.10 | |
| Operating Profit | 3.38 | 2.95 | 1.92 | 0.15 | 1.65 | 4.10 | 5.48 | 3.55 | 4.47 | 4.27 | 2.77 |
| OPM % | 5.51% | 4.11% | 3.71% | 0.87% | 5.14% | 7.25% | 7.14% | 5.19% | 5.56% | 5.63% | 4.21% |
| 0.26 | 0.24 | 0.38 | 0.65 | 0.23 | 0.09 | 0.26 | 2.20 | 1.16 | 1.03 | 1.24 | |
| Interest | 1.69 | 1.52 | 1.40 | 1.05 | 1.44 | 1.92 | 1.94 | 1.73 | 1.62 | 1.43 | 1.45 |
| Depreciation | 0.16 | 0.14 | 0.11 | 0.09 | 0.06 | 0.28 | 0.27 | 0.25 | 0.28 | 0.27 | 0.26 |
| Profit before tax | 1.79 | 1.53 | 0.79 | -0.34 | 0.38 | 1.99 | 3.53 | 3.77 | 3.73 | 3.60 | 2.30 |
| Tax % | 36.31% | 33.33% | 25.32% | 0.00% | 10.53% | 28.14% | 33.14% | 23.61% | 28.95% | 28.61% | |
| 1.14 | 1.02 | 0.59 | -0.34 | 0.33 | 1.43 | 2.36 | 2.87 | 2.64 | 2.57 | 1.64 | |
| EPS in Rs | 0.03 | 0.03 | 0.02 | -0.01 | 0.01 | 0.04 | 0.07 | 0.09 | 0.08 | 0.08 | 0.04 |
| Dividend Payout % | 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: | % |
| 5 Years: | 19% |
| 3 Years: | 0% |
| TTM: | -5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 62% |
| 3 Years: | 3% |
| TTM: | -41% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -1% |
| 3 Years: | -46% |
| 1 Year: | -80% |
| Return on Equity | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 1% |
| 3 Years: | 1% |
| Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 67.15 | 67.15 | 67.15 | 67.15 | 67.15 | 67.15 | 67.15 | 67.15 | 67.15 | 67.15 | 67.15 |
| Reserves | 112.97 | 113.92 | 114.55 | 113.98 | 115.39 | 117.02 | 118.93 | 121.32 | 123.66 | 126.22 | 126.74 |
| 10.82 | 11.93 | 15.88 | 14.97 | 15.40 | 16.43 | 14.24 | 14.65 | 10.86 | 10.05 | 12.20 | |
| 12.74 | 10.63 | 6.71 | 7.59 | 7.68 | 15.61 | 18.51 | 8.49 | 16.27 | 19.38 | 13.27 | |
| Total Liabilities | 203.68 | 203.63 | 204.29 | 203.69 | 205.62 | 216.21 | 218.83 | 211.61 | 217.94 | 222.80 | 219.36 |
| 179.60 | 179.53 | 179.49 | 179.43 | 179.38 | 183.91 | 183.71 | 183.47 | 183.46 | 183.19 | 183.08 | |
| CWIP | 3.49 | 4.99 | 10.84 | 12.12 | 12.19 | 7.64 | 7.78 | 7.78 | 7.78 | 7.78 | 7.78 |
| Investments | 0.00 | 1.22 | 2.21 | 1.85 | 3.17 | 3.59 | 3.18 | 1.47 | 0.00 | 0.00 | 0.00 |
| 20.59 | 17.89 | 11.75 | 10.29 | 10.88 | 21.07 | 24.16 | 18.89 | 26.70 | 31.83 | 28.50 | |
| Total Assets | 203.68 | 203.63 | 204.29 | 203.69 | 205.62 | 216.21 | 218.83 | 211.61 | 217.94 | 222.80 | 219.36 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 3.80 | 2.49 | 5.49 | 0.60 | 2.36 | 3.00 | 5.58 | 4.40 | 2.50 | 2.55 | |
| -5.22 | -0.61 | -6.63 | -1.11 | 0.07 | -0.18 | -1.36 | -3.10 | 0.15 | -2.09 | |
| 1.64 | -0.97 | 0.14 | 0.45 | -2.47 | -2.50 | -4.31 | -1.04 | -2.90 | -0.66 | |
| Net Cash Flow | 0.21 | 0.91 | -1.00 | -0.06 | -0.04 | 0.32 | -0.09 | 0.26 | -0.24 | -0.21 |
| Free Cash Flow | 0.81 | 0.93 | -0.44 | -0.70 | 2.28 | 2.73 | 5.37 | 1.58 | 2.23 | 2.54 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 128% | 101% | 304% | 407% | 138% | 74% | 114% | 156% | 74% | 84% |
Ratios
Consolidated / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 87.40 | 68.95 | 54.55 | 146.93 | 83.52 | 110.11 | 89.69 | 44.69 | 70.58 | 87.67 |
| Inventory Days | 14.67 | 9.96 | 19.07 | 51.05 | 25.22 | 16.59 | 12.70 | 17.43 | 15.28 | 13.71 |
| Days Payable | 76.00 | 59.02 | 52.75 | 202.29 | 100.35 | 112.99 | 95.05 | 45.99 | 83.86 | 108.84 |
| Cash Conversion Cycle | 26.07 | 19.88 | 20.86 | -4.32 | 8.39 | 13.70 | 7.35 | 16.14 | 2.00 | -7.47 |
| Working Capital Days | 7.74 | 4.06 | -21.03 | 32.84 | -34.77 | -19.44 | -20.50 | -16.91 | -9.30 | -6.54 |
| ROCE % | 1.59% | 1.17% | 0.40% | 0.87% | 1.96% | 2.72% | 1.83% | 2.46% | 2.48% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Permanent Employees count ・Standalone data |
|
||||||||||
| FMCG Trading Revenue Share % of total turnover ・Standalone data |
|||||||||||
| Textiles/Fabric Trading Revenue Share % of total turnover ・Standalone data |
|||||||||||
| Trade Receivables Turnover Ratio times ・Standalone data |
|||||||||||
| Bank Limit Utilization (12-month average) % ・Standalone data |
|||||||||||
| Chemicals & Minerals Trading Revenue Share % of total turnover ・Standalone data |
|||||||||||
| Markets Served (States) count ・Standalone data |
|||||||||||
Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper publication for Unaudited (Standalone and Consolidated) financial results for the quarter and half year ended September 30, 2026.
- Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended September 30, 2026
-
Board Meeting Outcome for Outcome Of Board Meeting Held On Thursday, November 12, 2026
- Board approved unaudited standalone and consolidated Q2 and H1 FY2026 results on November 12, 2026.
-
Board Meeting Intimation for Consideration And Approval Of Unaudited Standalone And Consolidated Financial Resultsfor The Quarter Ended September 30, 2026.
- Board meeting on November 12, 2026 to approve Q2 FY2026 unaudited standalone and consolidated results.
-
Board Meeting Outcome for Outcome Of Board Meeting October 23, 2026
- Board gave in-principle approval on October 23, 2026 to develop IT Park at Dombivli MIDC premises.
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from bse
-
Annual Report 2021
from bse
-
Annual Report 2020
from bse
-
Annual Report 2019
from bse
-
Annual Report 2018
from bse
-
Annual Report 2017
from bse
-
Annual Report 2016
from bse
-
Annual Report 2015
from bse
-
Annual Report 2014
from bse
-
Annual Report 2013
from bse
-
Annual Report 2012
from bse
Product Range:[1]
The core business trades fabrics /textiles,
FMCG, chemicals and minerals. The FMCG comprises personal care products, mosquito coils, household cleaners, air fresheners, dishwash, detergents, fabric soaps and whiteners, sold under Poloqueen through
Doan Rajkamal to civilian and defence channels.
Management states that internally developed, biodegradable specialty cleaning additives are produced through third-party job work and positioned as import substitutes for conventional surfactants.[2]