Kshitij Polyline Ltd
Incorporated in 2008, Kshitij Polyline Ltd is a manufacturer of plastic sheets and films.[1]
- Market Cap ₹ 67.3 Cr.
- Current Price ₹ 4.36
- High / Low ₹ 4.36 / 1.88
- Stock P/E 19.0
- Book Value ₹ 4.07
- Dividend Yield 0.00 %
- ROCE 8.43 %
- ROE 7.39 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 1.07 times its book value
- Company is expected to give good quarter
Cons
- Company has a low return on equity of -6.71% over last 3 years.
- Earnings include an other income of Rs.2.17 Cr.
- Working capital days have increased from 189 days to 342 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
Commodities Chemicals Chemicals & Petrochemicals Printing Inks
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 27.08 | 35.88 | 31.80 | 24.25 | 39.04 | 33.86 | 34.18 | 30.58 | 44.75 | |
| 23.51 | 31.62 | 28.27 | 21.32 | 35.28 | 30.46 | 37.50 | 37.95 | 38.88 | |
| Operating Profit | 3.57 | 4.26 | 3.53 | 2.93 | 3.76 | 3.40 | -3.32 | -7.37 | 5.87 |
| OPM % | 13.18% | 11.87% | 11.10% | 12.08% | 9.63% | 10.04% | -9.71% | -24.10% | 13.12% |
| 0.28 | 0.37 | 0.03 | 0.01 | 0.04 | 0.11 | 5.76 | 1.80 | 2.17 | |
| Interest | 1.56 | 2.14 | 1.83 | 1.75 | 2.08 | 1.63 | 1.78 | 2.25 | 1.46 |
| Depreciation | 0.80 | 0.92 | 0.99 | 1.04 | 1.10 | 1.28 | 1.17 | 1.66 | 2.61 |
| Profit before tax | 1.49 | 1.57 | 0.74 | 0.15 | 0.62 | 0.60 | -0.51 | -9.48 | 3.97 |
| Tax % | 29.53% | 45.22% | 28.38% | 93.33% | 33.87% | 40.00% | 9.80% | -1.79% | 10.58% |
| 1.06 | 0.86 | 0.54 | 0.00 | 0.42 | 0.37 | -0.56 | -9.30 | 3.55 | |
| EPS in Rs | 0.19 | 0.09 | 0.06 | 0.00 | 0.05 | 0.04 | -0.06 | -1.04 | 0.23 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 10% |
| TTM: | 46% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 112% |
| TTM: | 138% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 3 Years: | -31% |
| 1 Year: | 39% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | -4% |
| 3 Years: | -7% |
| Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.30 | 8.68 | 8.68 | 8.68 | 10.13 | 10.13 | 10.13 | 17.80 | 30.85 |
| Reserves | 3.32 | 8.78 | 9.31 | 9.32 | 8.28 | 12.25 | 7.99 | 15.58 | 31.89 |
| 11.47 | 14.14 | 15.73 | 16.43 | 17.27 | 21.86 | 27.37 | 14.44 | 18.34 | |
| 4.68 | 4.00 | 1.50 | 4.23 | 4.91 | 5.01 | 4.93 | 4.95 | 7.11 | |
| Total Liabilities | 24.77 | 35.60 | 35.22 | 38.66 | 40.59 | 49.25 | 50.42 | 52.77 | 88.19 |
| 6.03 | 6.07 | 10.60 | 10.52 | 11.16 | 11.30 | 10.37 | 10.28 | 16.99 | |
| CWIP | 0.00 | 1.20 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 2.22 | 2.22 | 2.27 |
| 18.73 | 28.33 | 24.62 | 28.14 | 29.43 | 37.85 | 37.83 | 40.27 | 68.93 | |
| Total Assets | 24.77 | 35.60 | 35.22 | 38.66 | 40.59 | 49.25 | 50.42 | 52.77 | 88.19 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 0.48 | -4.51 | 3.60 | 2.31 | 3.89 | -1.27 | -3.20 | -10.43 | -0.90 | |
| -1.34 | -3.43 | -2.77 | -1.78 | -2.55 | -4.51 | -2.12 | -0.21 | -27.39 | |
| 0.86 | 8.34 | -0.83 | -0.18 | -1.91 | 8.76 | 2.18 | 10.75 | 28.31 | |
| Net Cash Flow | 0.00 | 0.39 | 0.00 | 0.36 | -0.57 | 2.98 | -3.14 | 0.12 | 0.02 |
| Free Cash Flow | -0.80 | -6.67 | -0.72 | 1.35 | 2.15 | -3.48 | -3.20 | -12.00 | -10.22 |
| CFO/OP | 18% | -96% | 105% | 80% | 106% | -32% | 95% | 142% | -15% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 117.13 | 99.29 | 103.30 | 143.44 | 56.75 | 62.74 | 26.06 | 58.96 | 48.78 |
| Inventory Days | 145.42 | 144.30 | 185.78 | 284.04 | 188.99 | 253.97 | 187.63 | 107.74 | 186.35 |
| Days Payable | 70.48 | 39.02 | 13.61 | 72.82 | 49.62 | 48.19 | 34.69 | 22.54 | 55.41 |
| Cash Conversion Cycle | 192.07 | 204.57 | 275.47 | 354.65 | 196.13 | 268.52 | 178.99 | 144.16 | 179.72 |
| Working Capital Days | 71.17 | 107.83 | 111.34 | 152.47 | 91.34 | 78.26 | 20.61 | 205.06 | 342.16 |
| ROCE % | 14.35% | 7.87% | 5.58% | 7.70% | 5.58% | 2.83% | -15.50% | 8.43% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtors Turnover Ratio Times |
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| Total Permanent Employees Number |
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| Number of Product Ranges/SKUs Number |
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| Capacity Utilization Kgs per day |
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| Installed Production Capacity Kgs per day |
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| Pan India Sales Force Number |
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Extracted by Screener AI
Documents
Announcements
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Outcome of Board Meeting
8 May 2026 - Board approved rights issue of equity shares up to Rs. 2,933.74 lakh on May 8, 2026.
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Issue of Securities
8 May 2026 - Board approved rights issue of equity shares up to Rs. 2,933.74 lakhs.
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Trading Window
5 May 2026 - Board meets May 8, 2026 to consider equity rights issue.
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Clarification - Financial Results
29 April 2026 - Exchange has sought clarification from Kshitij Polyline Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …
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Copy of Newspaper Publication
26 April 2026 - Newspaper publication of audited Q4 and FY2026 results approved on April 24, 2026.
Business Overview:[1][2]
KPL is in the business of manufacturing, supplying, distributing, and exporting of Lamination Equipment and Stationery Products including PP, PVC, HIPS /PS, ABS, HDPE, Sheets & Films, PVC Profiles
& Other Stationery items. The company offers products in various sizes and colors, catering to both standard and customized requirements, designed to meet the needs of various industries.