Polysil Irrigation Systems Ltd
Incorporation in 1985, Polysil Irrigation Systems Ltd manufactures and sells HDPE/LLDPE/LD Pipes and Micro Irrigation Systems[1]
- Market Cap ₹ 338 Cr.
- Current Price ₹ 150
- High / Low ₹ 357 / 55.0
- Stock P/E 120
- Book Value ₹ 25.7
- Dividend Yield 0.00 %
- ROCE 8.63 %
- ROE 6.98 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 5.84 times its book value
- The company has delivered a poor sales growth of -3.40% over past five years.
- Promoter holding is low: 28.0%
- Company has a low return on equity of 3.60% over last 3 years.
- Company has high debtors of 419 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
Part of Nifty SME Emerge
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 39.39 | 54.19 | 37.61 | 43.88 | 44.42 | 13.86 | 45.58 | |
| 36.60 | 51.13 | 34.76 | 39.26 | 38.86 | 12.90 | 40.60 | |
| Operating Profit | 2.79 | 3.06 | 2.85 | 4.62 | 5.56 | 0.96 | 4.98 |
| OPM % | 7.08% | 5.65% | 7.58% | 10.53% | 12.52% | 6.93% | 10.93% |
| 0.06 | 0.13 | 0.05 | -0.22 | 0.10 | 0.25 | 1.46 | |
| Interest | 0.83 | 1.14 | 1.49 | 1.49 | 1.92 | 1.84 | 2.27 |
| Depreciation | 1.20 | 1.01 | 0.73 | 0.53 | 0.72 | 0.71 | 0.73 |
| Profit before tax | 0.82 | 1.04 | 0.68 | 2.38 | 3.02 | -1.34 | 3.44 |
| Tax % | 39.02% | 37.50% | 50.00% | 63.87% | 31.46% | 38.06% | 18.31% |
| 0.50 | 0.65 | 0.34 | 0.87 | 2.07 | -1.85 | 2.81 | |
| EPS in Rs | 111.11 | 142.86 | 74.73 | 0.88 | 1.83 | -1.63 | 1.25 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -3% |
| 3 Years: | 1% |
| TTM: | 229% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 34% |
| 3 Years: | 43% |
| TTM: | 252% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 178% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | 4% |
| Last Year: | 7% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.45 | 0.46 | 0.46 | 9.90 | 11.34 | 11.34 | 22.51 |
| Reserves | 12.23 | 12.93 | 13.27 | 5.46 | 13.63 | 11.37 | 35.28 |
| 12.36 | 11.05 | 14.95 | 15.47 | 16.70 | 16.51 | 35.29 | |
| 13.67 | 17.51 | 17.59 | 24.49 | 36.81 | 49.73 | 38.31 | |
| Total Liabilities | 38.71 | 41.95 | 46.27 | 55.32 | 78.48 | 88.95 | 131.39 |
| 7.21 | 6.80 | 8.26 | 9.35 | 8.70 | 7.99 | 8.49 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 31.50 | 35.15 | 38.01 | 45.97 | 69.78 | 80.96 | 122.90 | |
| Total Assets | 38.71 | 41.95 | 46.27 | 55.32 | 78.48 | 88.95 | 131.39 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 0.99 | -0.42 | -0.41 | 2.00 | -6.25 | 1.51 | -47.58 | |
| -0.37 | -0.92 | -2.28 | -1.61 | -0.65 | 1.08 | 0.18 | |
| -0.47 | 1.49 | 2.41 | -0.47 | 6.85 | -2.43 | 48.20 | |
| Net Cash Flow | 0.15 | 0.15 | -0.28 | -0.08 | -0.06 | 0.16 | 0.80 |
| Free Cash Flow | 0.12 | -0.98 | -2.59 | 0.38 | -6.32 | 1.50 | -48.82 |
| CFO/OP | 52% | -5% | -8% | 57% | -97% | 117% | -952% |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 114.16 | 122.12 | 210.60 | 233.82 | 390.39 | 1,112.12 | 418.89 |
| Inventory Days | 208.57 | 146.65 | 239.83 | 200.71 | 207.49 | 1,251.02 | 440.80 |
| Days Payable | 154.19 | 110.55 | 179.63 | 193.66 | 292.36 | 1,147.14 | 286.84 |
| Cash Conversion Cycle | 168.54 | 158.21 | 270.80 | 240.88 | 305.52 | 1,215.99 | 572.85 |
| Working Capital Days | 46.05 | 56.78 | 90.35 | 83.43 | 156.78 | 417.41 | 180.82 |
| ROCE % | 8.81% | 8.17% | 13.91% | 13.63% | 1.24% | 8.63% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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Extracted by Screener AI
Documents
Announcements
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Copy of Newspaper Publication
1 June 2026 - Audited financial results for quarter and FY ended 31 March 2026 published in newspapers.
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Outcome of Board Meeting
30 May 2026 - Board approved FY26 audited standalone results on May 30, 2026; auditors issued unmodified opinion.
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Outcome of Board Meeting
21 May 2026 - Board approved allotment of 40 lakh equity shares on warrant conversion; paid-up capital rose to Rs. 26.50 crore.
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Allotment of Securities
21 May 2026 - Board approved allotment of 40 lakh shares on May 21, 2026; paid-up capital rose to Rs. 26.50 crore.
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Disclosure under SEBI Takeover Regulations
21 May 2026 - Bharatkumar Tulshibhai Patel has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, …
Business Overview:[1]
PISL is in the business of manufacturing and trading in micro irrigation products and providing agriculture related services