Command Polymers Ltd
Incorporated in 1998, Command Polymers
Ltd is in the business of manufacturing of
Plastic goods[1]
- Market Cap ₹ 30.6 Cr.
- Current Price ₹ 32.7
- High / Low ₹ 46.3 / 27.6
- Stock P/E 54.7
- Book Value ₹ 16.7
- Dividend Yield 0.00 %
- ROCE 4.73 %
- ROE 3.64 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -0.65% over past five years.
- Promoter holding is low: 38.4%
- Company has a low return on equity of -2.43% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.0.94 Cr.
- Debtor days have increased from 35.1 to 63.0 days.
- Working capital days have increased from 77.8 days to 128 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
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 1.28 | 10.89 | 16.35 | 19.47 | 23.04 | 10.84 | 10.54 | |
| 0.72 | 10.23 | 15.43 | 18.02 | 21.56 | 11.54 | 9.51 | |
| Operating Profit | 0.56 | 0.66 | 0.92 | 1.45 | 1.48 | -0.70 | 1.03 |
| OPM % | 43.75% | 6.06% | 5.63% | 7.45% | 6.42% | -6.46% | 9.77% |
| 0.00 | 0.00 | 0.02 | 0.01 | 0.16 | -0.05 | 0.94 | |
| Interest | 0.27 | 0.26 | 0.34 | 0.74 | 0.57 | 0.74 | 0.85 |
| Depreciation | 0.26 | 0.28 | 0.33 | 0.37 | 0.45 | 0.71 | 0.73 |
| Profit before tax | 0.03 | 0.12 | 0.27 | 0.35 | 0.62 | -2.20 | 0.39 |
| Tax % | 0.00% | 25.00% | 25.93% | -8.57% | 30.65% | -8.18% | -43.59% |
| 0.03 | 0.09 | 0.20 | 0.38 | 0.42 | -2.02 | 0.56 | |
| EPS in Rs | 0.04 | 0.13 | 0.29 | 0.56 | 0.45 | -2.15 | 0.60 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -1% |
| 3 Years: | -19% |
| TTM: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 44% |
| 3 Years: | 14% |
| TTM: | 129% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 12% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | -1% |
| 3 Years: | -2% |
| Last Year: | 4% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 6.84 | 6.84 | 6.84 | 6.84 | 9.38 | 9.38 | 9.38 |
| Reserves | 2.28 | 2.37 | 2.48 | 2.86 | 7.74 | 5.73 | 6.29 |
| 2.51 | 2.38 | 5.14 | 6.85 | 7.92 | 10.76 | 10.84 | |
| 6.64 | 4.81 | 8.07 | 2.34 | 1.56 | 1.39 | 0.59 | |
| Total Liabilities | 18.27 | 16.40 | 22.53 | 18.89 | 26.60 | 27.26 | 27.10 |
| 3.75 | 4.26 | 5.64 | 7.10 | 12.69 | 14.02 | 13.79 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.18 | 0.49 | 0.00 |
| Investments | 4.78 | 4.78 | 3.78 | 0.00 | 0.00 | 0.00 | 0.00 |
| 9.74 | 7.36 | 13.11 | 11.79 | 13.73 | 12.75 | 13.31 | |
| Total Assets | 18.27 | 16.40 | 22.53 | 18.89 | 26.60 | 27.26 | 27.10 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 0.01 | 1.12 | -1.76 | -3.67 | 5.85 | -5.09 | -0.17 | |
| -0.05 | -0.79 | -0.69 | 1.97 | -6.26 | -3.96 | 0.95 | |
| 0.00 | -0.39 | 2.43 | 1.71 | 7.62 | 2.13 | -0.77 | |
| Net Cash Flow | -0.03 | -0.05 | -0.03 | 0.01 | 7.21 | -6.92 | 0.01 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 2,537.89 | 131.39 | 118.54 | 110.42 | 15.21 | 26.94 | 63.03 |
| Inventory Days | 189.80 | 58.06 | 140.70 | 82.83 | 63.30 | 259.36 | 327.82 |
| Days Payable | 4,504.10 | 157.91 | 167.68 | 34.93 | 13.25 | 30.81 | 14.39 |
| Cash Conversion Cycle | -1,776.41 | 31.54 | 91.57 | 158.32 | 65.26 | 255.49 | 376.45 |
| Working Capital Days | 268.05 | 19.44 | 8.71 | 56.99 | 0.79 | 104.38 | 128.13 |
| ROCE % | 3.27% | 4.68% | 7.03% | 4.95% | -5.50% | 4.73% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 3 Sep
- Reg. 34 (1) Annual Report. 1 Sep
-
Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015
30 Aug - AGM on 24 Sep 2025 at 4:00 PM; annual report at commandpolymers.com/annual_report.html
-
Notice Of 27Th Annual General Meeting Of The Company
29 Aug - Notice of 27th AGM on 24 Sep 2025; adoption of FY2024-25 accounts; reappointment of Mrs. Guddi Gupta.
-
Intimation Of Book Closure For 27Th Annual General Meeting Of The Company
29 Aug - Register closed 18–24 Sep 2025; 27th AGM scheduled 24 Sep 2025.
Business Overview:[1]
CPL is in the business of manufacturing, producing, buying, selling, exchange, work, alter, improve, import, export, and deal in all
types of plastic goods, boots, shoes, clogs, all kind of footwear, made with leather, plastic, rubber. Other products include, laces, buckles, leggings, boot polishes, purses, bags, boxes, belts, accessories, and fittings.