L.K.Mehta Polymers Ltd
Incorporated in 1995, L.K. Mehta Polymers Ltd is in the business of trading in Plastic Ropes and
Granules, and also deals in Gold.[1]
- Market Cap ₹ 16.5 Cr.
- Current Price ₹ 43.0
- High / Low ₹ 64.9 / 40.1
- Stock P/E 26.2
- Book Value ₹ 30.0
- Dividend Yield 0.00 %
- ROCE 7.98 %
- ROE 5.63 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 8.60% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 174 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
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 11.43 | 16.75 | 18.53 | 18.97 | 29.19 | |
| 11.22 | 16.62 | 17.15 | 17.60 | 27.83 | |
| Operating Profit | 0.21 | 0.13 | 1.38 | 1.37 | 1.36 |
| OPM % | 1.84% | 0.78% | 7.45% | 7.22% | 4.66% |
| 0.51 | 0.39 | 0.30 | 0.19 | 0.34 | |
| Interest | 0.47 | 0.41 | 0.88 | 0.64 | 0.66 |
| Depreciation | 0.11 | 0.11 | 0.05 | 0.12 | 0.14 |
| Profit before tax | 0.14 | 0.00 | 0.75 | 0.80 | 0.90 |
| Tax % | 71.43% | 22.67% | 25.00% | 30.00% | |
| 0.04 | -0.01 | 0.58 | 0.60 | 0.63 | |
| EPS in Rs | 0.64 | -0.16 | 9.28 | 1.56 | 1.64 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 20% |
| TTM: | 54% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 302% |
| TTM: | 5% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -23% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | 9% |
| Last Year: | 6% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 0.63 | 0.63 | 0.63 | 3.84 | 3.84 |
| Reserves | 1.54 | 1.54 | 2.70 | 7.05 | 7.66 |
| 4.39 | 3.90 | 6.48 | 6.49 | 10.23 | |
| 1.67 | 1.13 | 0.93 | 0.57 | 0.76 | |
| Total Liabilities | 8.23 | 7.20 | 10.74 | 17.95 | 22.49 |
| 1.06 | 0.93 | 1.29 | 0.93 | 1.04 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 7.17 | 6.27 | 9.45 | 17.01 | 21.45 | |
| Total Assets | 8.23 | 7.20 | 10.74 | 17.95 | 22.49 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| -0.01 | 0.55 | -1.72 | -1.75 | ||
| 0.48 | 0.34 | -0.17 | 0.08 | ||
| -0.54 | -0.89 | 1.98 | 6.63 | ||
| Net Cash Flow | -0.07 | 0.00 | 0.10 | 4.96 | |
| Free Cash Flow | 0.50 | 0.84 | -1.90 | -1.77 | |
| CFO/OP | -5% | 431% | -112% | -115% |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 61.63 | 51.21 | 57.52 | 117.18 | 173.81 |
| Inventory Days | 101.87 | 53.80 | 93.53 | 77.64 | 68.58 |
| Days Payable | 37.98 | 12.31 | 12.22 | 2.62 | 5.10 |
| Cash Conversion Cycle | 125.52 | 92.70 | 138.83 | 192.19 | 237.29 |
| Working Capital Days | 95.80 | 78.45 | 77.41 | 130.07 | 148.30 |
| ROCE % | 6.49% | 20.53% | 10.59% | 7.98% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtors Holding Period Days |
|
|||
| Revenue Concentration from Top 5 States % |
||||
| Capacity Utilization % |
||||
| Installed Capacity (Per Annum) MT |
||||
| Utilized Capacity (Per Annum) MT |
||||
| Number of Employees Count |
||||
Extracted by Screener AI
Documents
Announcements
-
Announcement Under Regulation 30 (LODR
29 May - Board approved re-appointment of Rahul Kumar Parihar as Internal Auditor for FY 2026-27.
-
Statement Of Deviation(S) Or Variations(S) For The Half Year Ended 31St March 2026
29 May - No deviation or variation in IPO proceeds for half year ended 31 March 2026.
-
Board Meeting Outcome for Outcome Of Board Meeting Pursuant To Regulation 30 Of SEBI (Listing Obligation And Disclosure Requirements) Regulation 2015
29 May - Board met on 29 May 2026, approved audited FY2026 results, financial statements, IPO utilization, and internal auditors.
-
Board Meeting Intimation for Intimation Of Board Meeting For Consideration And Approval Of Audited Financial Results For 31.03.2026.
26 May - Board meeting on 29 May 2026 to approve audited half-year and year ended 31 March 2026 results.
-
Board Meeting Intimation for Intimation Of Board Meeting For Consideration And Approval Of Audited Financial Results For 31.03.2026.
26 May - Board meeting on 29 May 2026 to approve audited half-year and yearly results for 31 March 2026.
Business Overview:[1]
LKMPL began with ropes, twines, and granules, and now operates across trading and manufacturing of a wide range of plastic products. Its portfolio includes monofilament, danline and tape ropes, baler and packaging twines, along with trading and reprocessing of polypropylene and polyethylene granules for its customers.