L.K.Mehta Polymers Ltd
Incorporated in 1995, L.K. Mehta Polymers Limited is engaged in trading and manufacturing Plastic products.[1]
- Market Cap ₹ 18.0 Cr.
- Current Price ₹ 47.0
- High / Low ₹ 71.1 / 42.2
- Stock P/E 30.1
- Book Value ₹ 28.4
- Dividend Yield 0.00 %
- ROCE 10.6 %
- ROE 8.44 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -27.1%
- Company has a low return on equity of 9.73% over last 3 years.
- Debtor days have increased from 75.3 to 117 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 BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 11.43 | 16.75 | 18.53 | 18.97 | |
| 11.22 | 16.62 | 17.15 | 17.60 | |
| Operating Profit | 0.21 | 0.13 | 1.38 | 1.37 |
| OPM % | 1.84% | 0.78% | 7.45% | 7.22% |
| 0.51 | 0.39 | 0.30 | 0.19 | |
| Interest | 0.47 | 0.41 | 0.88 | 0.64 |
| Depreciation | 0.11 | 0.11 | 0.05 | 0.12 |
| Profit before tax | 0.14 | 0.00 | 0.75 | 0.80 |
| Tax % | 71.43% | 22.67% | 25.00% | |
| 0.04 | -0.01 | 0.58 | 0.60 | |
| EPS in Rs | 0.64 | -0.16 | 9.28 | 1.56 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 18% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 147% |
| TTM: | 3% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 10% |
| Last Year: | 8% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Equity Capital | 0.63 | 0.63 | 0.63 | 3.84 |
| Reserves | 1.54 | 1.54 | 2.70 | 7.05 |
| 4.39 | 3.90 | 6.48 | 6.49 | |
| 1.67 | 1.13 | 0.93 | 0.57 | |
| Total Liabilities | 8.23 | 7.20 | 10.74 | 17.95 |
| 1.06 | 0.93 | 1.29 | 0.93 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.01 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| 7.17 | 6.27 | 9.45 | 17.01 | |
| Total Assets | 8.23 | 7.20 | 10.74 | 17.95 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -0.01 | 0.55 | -1.72 | -1.75 | |
| 0.48 | 0.34 | -0.17 | 0.08 | |
| -0.54 | -0.89 | 1.98 | 6.63 | |
| Net Cash Flow | -0.07 | 0.00 | 0.10 | 4.96 |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 61.63 | 51.21 | 57.52 | 117.18 |
| Inventory Days | 101.87 | 53.80 | 93.53 | 77.64 |
| Days Payable | 37.98 | 12.31 | 12.22 | 2.62 |
| Cash Conversion Cycle | 125.52 | 92.70 | 138.83 | 192.19 |
| Working Capital Days | 95.80 | 78.45 | 77.41 | 130.07 |
| ROCE % | 6.49% | 20.53% | 10.59% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Oct - Submission of Certificate under Regulation 75(5) of the SEBI (Depositories and Participants) Regulations, 2018
-
Announcement under Regulation 30 (LODR)-Change in Management
30 Sep - Appointed M/s NPG & Company as secretarial auditor for five years from 30th AGM (29 Sep 2025) to 35th AGM.
-
Closure of Trading Window
30 Sep - Trading window closed from 01 Oct 2025 until 48 hours after H1 (ended 30 Sept 2025) results declaration.
- Shareholder Meeting / Postal Ballot-Outcome of AGM 29 Sep
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
9 Sep - Newspaper Publication-Notice of 30th Annual General Meeting of the Company.
Business Profile[1] The company trades and manufactures plastic products, including ropes, twines, and granules, under its in-house brand "Super Pack." It also has expertise in trading and reprocessing polypropylene and polyethylene granules.