Shree TNB Polymers Ltd
Incorporated in March 2007, Shree
TNB Polymers Limited is a Silvassa-
based polymer manufacturing company specializing in piping systems and plastic solutions.[1]
- Market Cap ₹ 36.8 Cr.
- Current Price ₹ 54.2
- High / Low ₹ 60.0 / 52.7
- Stock P/E 5.16
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 17.3 %
- ROE 13.7 %
- Face Value ₹ 10.0
Pros
Cons
- Promoter holding is low: 32.8%
- Company has a low return on equity of 13.8% 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
Industrials Capital Goods Industrial Products Plastic Products - Industrial
Part of BSE SME IPO
Quarterly Results
Figures in Rs. Crores
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 172 | 208 | 176 | 198 | |
| 161 | 193 | 160 | 178 | |
| Operating Profit | 11 | 15 | 16 | 20 |
| OPM % | 6% | 7% | 9% | 10% |
| 0 | 0 | 0 | 0 | |
| Interest | 4 | 6 | 6 | 6 |
| Depreciation | 3 | 3 | 3 | 4 |
| Profit before tax | 4 | 7 | 7 | 10 |
| Tax % | 50% | 24% | 20% | 30% |
| 2 | 5 | 6 | 7 | |
| EPS in Rs | 1.62 | 3.75 | 3.77 | 4.65 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 5% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 50% |
| TTM: | 34% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 14% |
| Last Year: | 14% |
Balance Sheet
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 9 | 9 | 10 | 15 |
| Reserves | 20 | 25 | 38 | 40 |
| 36 | 36 | 38 | 45 | |
| 41 | 35 | 40 | 45 | |
| Total Liabilities | 105 | 105 | 127 | 145 |
| 36 | 40 | 47 | 50 | |
| CWIP | 6 | 0 | 0 | 2 |
| Investments | 0 | 0 | 0 | 0 |
| 64 | 65 | 80 | 94 | |
| Total Assets | 105 | 105 | 127 | 145 |
Cash Flows
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 8 | 7 | 4 | 9 | |
| -16 | -2 | -10 | -9 | |
| 8 | -5 | 6 | 0 | |
| Net Cash Flow | 0 | -0 | -0 | 0 |
| Free Cash Flow | -9 | 5 | -6 | 1 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 81% | 55% | 39% | 53% |
Ratios
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 44 | 62 | 87 | 94 |
| Inventory Days | 103 | 62 | 99 | 96 |
| Days Payable | 87 | 63 | 97 | 97 |
| Cash Conversion Cycle | 60 | 61 | 90 | 93 |
| Working Capital Days | 6 | 14 | 25 | 30 |
| ROCE % | 18% | 16% | 17% |
Documents
Announcements
- Closure of Trading Window
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Shree TNB Polymers won ₹50.99 crore HDPE pipe orders; first ₹9.70 crore lot cleared for dispatch.
-
Announcement Of Regulation 30 LODR -Code Of Fair Disclosure Of UPSI
- Company uploaded Code of Practices under SEBI PIT Regulations on October 8, 2026.
-
Announcement Under Regulation 30 (5) - Authorization Of Key Managerial Personnel For Determination Of Materiality Disclosure
- Company disclosed authorized KMPs for material event disclosures under Regulation 30(5).
- Listing of Equity Shares of Shree TNB Polymers Ltd
Business Overview:[1][2]
Shree TNB Polymers is a polymer manufacturing company focused on piping systems and plastic solutions. Its portfolio includes HDPE pipes and fittings, PP/PPH pipes and fittings, Double Wall Corrugated (DWC) pipes, sprinkler and drip irrigation systems, solid industrial sheets, Wellpack sheets. The company caters to infrastructure, agriculture, water management, construction, and industrial applications.