Renol Polychem Ltd
Incorporated in 2008, Renol Polychem Limited is a manufacturer and supplier specializing in colour masterbatches, plastic masterbatches, industrial chemicals, impact modifiers, plastic pigments, etc.[1]
- Market Cap ₹ 70.1 Cr.
- Current Price ₹ 58.0
- High / Low ₹ 158 / 57.6
- Stock P/E 8.61
- Book Value ₹ 89.3
- Dividend Yield 0.00 %
- ROCE 17.6 %
- ROE 13.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.65 times its book value
- Debtor days have improved from 157 to 67.1 days.
- Company's working capital requirements have reduced from 205 days to 145 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -18.0%
* 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 Specialty Chemicals
Part of Nifty SME Emerge
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 3m | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 6.45 | 62.30 | 89.00 | |
| 4.22 | 55.15 | 77.40 | |
| Operating Profit | 2.23 | 7.15 | 11.60 |
| OPM % | 34.57% | 11.48% | 13.03% |
| 0.07 | 0.26 | 0.21 | |
| Interest | 0.10 | 0.60 | 0.28 |
| Depreciation | 0.02 | 0.14 | 0.50 |
| Profit before tax | 2.18 | 6.67 | 11.03 |
| Tax % | 29.82% | 25.04% | 26.20% |
| 1.53 | 5.00 | 8.14 | |
| EPS in Rs | 2.79 | 9.11 | 6.74 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 43% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 63% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -22% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 18% |
| Last Year: | 13% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Equity Capital | 5.49 | 5.49 | 12.08 |
| Reserves | 3.20 | 7.84 | 95.88 |
| 2.58 | 6.95 | 0.62 | |
| 4.22 | 3.13 | 7.20 | |
| Total Liabilities | 15.49 | 23.41 | 115.78 |
| 0.39 | 0.34 | 15.55 | |
| CWIP | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.30 | 37.29 |
| 15.10 | 22.77 | 62.94 | |
| Total Assets | 15.49 | 23.41 | 115.78 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| 1.20 | -1.25 | -10.88 | |
| 0.00 | -0.40 | -64.61 | |
| -0.30 | 3.60 | 79.88 | |
| Net Cash Flow | 0.90 | 1.95 | 4.39 |
| Free Cash Flow | 1.20 | -1.35 | -26.59 |
| CFO/OP | 54% | -17% | -84% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|
| Debtor Days | 350.85 | 52.55 | 67.09 |
| Inventory Days | 117.56 | ||
| Days Payable | 20.18 | ||
| Cash Conversion Cycle | 350.85 | 52.55 | 164.47 |
| Working Capital Days | 415.36 | 55.54 | 145.18 |
| ROCE % | 46.09% | 17.55% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Carbon Noodle Extruder Machine Capacity Utilization % |
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| Gujarat as % of Revenue % |
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| Imported Raw Materials as % of Total Material Purchases % |
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| Manufactured Goods as % of Total Sales % |
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| Master Batch Extruder Machine Capacity Utilization % |
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| Mixture Machine Capacity Utilization % |
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| Top 10 Customers as % of Total Revenue % |
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| Top 10 Suppliers as % of Total Material Purchases % |
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Extracted by Screener AI
Documents
Announcements
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Outcome of Board Meeting
- Board approved AGM on 30 September 2026 and appointed secretarial, internal, and statutory auditors.
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Change in Auditors
- Board approved AGM on 30 September 2026, book closure, e-voting dates, and auditor appointments.
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Shareholders meeting
- 3rd AGM on 30 Sep 2026 via VC/OAVM; proposes auditor appointments and ₹5 crore related party transactions.
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Record Date
- Book closure from 24-30 September 2026 for 3rd AGM on 30 September 2026.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
- Renol Polychem Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30-06-2026
Business Overview:[1]
RPL, based in Rajkot, manufactures Reno brand color and additive masterbatches. They provide essential, all-in-one chemical solutions, including stabilizers and lubricants, for manufacturing PVC, CPVC, and PP pipes.