Pearl Polymers Ltd
₹ 17.8
4.21%
16 Apr
- close price
About
Incorporated in 1984, Pearl Polymers Ltd manufactures and trades PET Jars and Bottles.[1]
Key Points
- Market Cap ₹ 30.4 Cr.
- Current Price ₹ 17.8
- High / Low ₹ 41.4 / 12.3
- Stock P/E
- Book Value ₹ 20.4
- Dividend Yield 0.00 %
- ROCE -15.9 %
- ROE -15.7 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.87 times its book value
- Debtor days have improved from 37.1 to 28.6 days.
- Company's working capital requirements have reduced from 25.2 days to 10.1 days
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -12.0% 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.
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 224.74 | 198.20 | 176.53 | 173.96 | 180.98 | 178.68 | 139.44 | 111.58 | 13.96 | 17.12 | 16.40 | 21.97 | 20.35 | |
| 210.39 | 190.18 | 166.00 | 164.26 | 176.68 | 175.92 | 143.85 | 115.74 | 75.90 | 25.48 | 23.38 | 28.70 | 27.66 | |
| Operating Profit | 14.35 | 8.02 | 10.53 | 9.70 | 4.30 | 2.76 | -4.41 | -4.16 | -61.94 | -8.36 | -6.98 | -6.73 | -7.31 |
| OPM % | 6.39% | 4.05% | 5.96% | 5.58% | 2.38% | 1.54% | -3.16% | -3.73% | -443.70% | -48.83% | -42.56% | -30.63% | -35.92% |
| 1.18 | 2.82 | 1.01 | 1.46 | 1.79 | 2.17 | 2.50 | 3.61 | 90.78 | 0.96 | 7.96 | 2.00 | 2.56 | |
| Interest | 7.79 | 6.22 | 5.39 | 4.50 | 4.57 | 4.95 | 4.18 | 4.10 | 0.25 | 0.07 | 0.05 | 0.06 | 0.04 |
| Depreciation | 7.22 | 6.53 | 6.54 | 6.31 | 5.90 | 6.29 | 6.37 | 5.92 | 0.73 | 0.57 | 0.60 | 0.49 | 0.48 |
| Profit before tax | 0.52 | -1.91 | -0.39 | 0.35 | -4.38 | -6.31 | -12.46 | -10.57 | 27.86 | -8.04 | 0.33 | -5.28 | -5.27 |
| Tax % | -3.85% | 30.89% | -220.51% | 280.00% | -39.73% | -22.98% | -10.59% | 0.00% | 21.64% | 1.74% | -100.00% | -2.84% | |
| 0.54 | -2.51 | 0.46 | -0.64 | -2.63 | -4.86 | -11.15 | -10.58 | 21.84 | -8.17 | 0.65 | -5.12 | -5.12 | |
| EPS in Rs | 0.32 | -1.49 | 0.27 | -0.38 | -1.56 | -2.89 | -6.62 | -6.28 | 12.97 | -4.85 | 0.39 | -3.04 | -3.03 |
| Dividend Payout % | 0.00% | 0.00% | 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: | -20% |
| 5 Years: | -31% |
| 3 Years: | 16% |
| TTM: | -3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | % |
| TTM: | -327% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 1% |
| 3 Years: | -5% |
| 1 Year: | -39% |
| Return on Equity | |
|---|---|
| 10 Years: | -6% |
| 5 Years: | -3% |
| 3 Years: | -12% |
| Last Year: | -16% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 16.83 | 16.83 | 16.83 | 16.83 | 16.83 | 16.83 | 16.83 | 16.83 | 16.83 | 16.83 | 16.83 | 16.83 | 16.83 |
| Reserves | 45.18 | 35.56 | 36.02 | 35.67 | 33.46 | 28.59 | 17.76 | 7.21 | 29.26 | 21.21 | 21.73 | 16.57 | 17.53 |
| 38.29 | 29.37 | 28.49 | 28.38 | 29.62 | 26.62 | 26.37 | 28.32 | 0.42 | 0.23 | 0.10 | 0.00 | 0.00 | |
| 47.23 | 51.24 | 42.33 | 47.78 | 56.87 | 54.14 | 44.58 | 38.77 | 9.83 | 6.97 | 6.52 | 7.44 | 6.11 | |
| Total Liabilities | 147.53 | 133.00 | 123.67 | 128.66 | 136.78 | 126.18 | 105.54 | 91.13 | 56.34 | 45.24 | 45.18 | 40.84 | 40.47 |
| 66.65 | 56.66 | 52.81 | 52.18 | 54.68 | 49.78 | 44.77 | 39.02 | 4.72 | 4.79 | 4.67 | 4.63 | 4.45 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.02 | 0.11 | 0.00 | 0.00 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1.91 | 2.22 | 2.10 | 2.13 | 2.15 | 2.11 | 2.10 | 2.12 | 30.58 | 31.87 | 30.20 | 27.91 | 28.57 |
| 78.97 | 74.12 | 68.76 | 74.33 | 79.84 | 74.29 | 58.67 | 49.96 | 21.04 | 8.58 | 10.31 | 8.30 | 7.45 | |
| Total Assets | 147.53 | 133.00 | 123.67 | 128.66 | 136.78 | 126.18 | 105.54 | 91.13 | 56.34 | 45.24 | 45.18 | 40.84 | 40.47 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 21.44 | 18.94 | 10.47 | 10.60 | 11.53 | 7.42 | 4.03 | 2.33 | 28.90 | -4.78 | -7.09 | -4.82 | |
| -7.19 | -6.93 | -2.24 | -4.86 | -8.01 | -0.27 | 0.32 | 1.79 | 5.13 | -1.41 | 8.38 | 3.32 | |
| -15.93 | -12.63 | -8.36 | -5.53 | -3.42 | -7.95 | -4.35 | -2.28 | -28.22 | -0.26 | -0.18 | -0.16 | |
| Net Cash Flow | -1.68 | -0.63 | -0.14 | 0.21 | 0.11 | -0.80 | 0.01 | 1.84 | 5.81 | -6.45 | 1.11 | -1.66 |
| Free Cash Flow | 13.97 | 11.89 | 7.77 | 5.24 | 3.11 | 6.83 | 3.91 | 3.88 | 60.93 | -5.42 | -7.65 | -5.25 |
| CFO/OP | 150% | 237% | 100% | 109% | 269% | 271% | -90% | -55% | -56% | 56% | 98% | 72% |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 64.27 | 75.14 | 76.30 | 90.47 | 96.42 | 88.88 | 79.63 | 86.88 | 58.57 | 43.71 | 38.95 | 28.58 |
| Inventory Days | 55.78 | 64.29 | 78.48 | 97.12 | 82.32 | 81.59 | 93.19 | 99.57 | 101.50 | 52.70 | 77.63 | 48.46 |
| Days Payable | 62.17 | 83.52 | 91.84 | 132.47 | 159.65 | 151.50 | 153.90 | 162.80 | 138.20 | 122.57 | 156.75 | 129.54 |
| Cash Conversion Cycle | 57.87 | 55.91 | 62.93 | 55.12 | 19.09 | 18.96 | 18.92 | 23.65 | 21.87 | -26.16 | -40.17 | -52.50 |
| Working Capital Days | 2.84 | 7.70 | 18.13 | 20.48 | 1.98 | -0.82 | -21.28 | -50.15 | 103.28 | 21.75 | 43.84 | 10.13 |
| ROCE % | 7.91% | 5.04% | 6.24% | 5.55% | 0.11% | -2.66% | -14.30% | -14.60% | 54.74% | -17.43% | -2.60% | -15.93% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Manufacturing Plants Units |
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| Number of Permanent Employees Number |
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| Traded Goods Purchase - PET Bottles & Jars INR Lakhs |
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| Net Working Capital Cycle Days |
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| Number of Machines Units |
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Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
10 Apr - Newspaper Advertisement of Postal Ballot Notice.
-
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
9 Apr - Postal ballot on reappointing Anant Kanoi as Independent Director for five years from 30 March 2026.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
4 Apr - Depositories and Participants) Regulations, 2018 as amended from time to time, we are enclosing herewith a Compliance Certificate for the quarter ended March 31, 2026.
-
Board Meeting Outcome For Revised Outcome
4 Apr - Revised board outcome: Q3 and nine-month FY26 results; Anant Kanoi reappointed independent director for five years from March 30, 2026.
- Closure of Trading Window 25 Mar
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
from bse
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from nse
Business Overview:[1][2]
PPL offer the widest range of polyethylene terephthalate(PET) bottles and jars for usage
in the kitchen, home and office manufacturing in India, under the brand name Pearlpet. The
company is expanding its range to include trendy steel and other products.