Polyplex Corporation Ltd.
Polyplex Corporation Limited engages in the manufacture and sale of polymeric films in India, other Asian countries, Europe, the Americas, and internationally. It offers Sarafil base films, including biaxially-oriented polyester (BOPET) films for use in packaging, electrical, and industrial applications; BO polypropylene (PP) films for flexible packaging and other applications; cast and blown PP films for flexible packaging and other applications; sustainable films; holographic films; and transfer metalized papers. The company also provides Saracote silicone coated PET/PP films, such as release liner-labels and specialty products, shingle roofing tapes, release film liners, and primer coated liners used in labels, tapes, roofing shingles, and peels and sticks underlayments. In addition, it offers Saralam range of extrusion coated film products comprising reflective insulation, decorative lamination, PET thermal lamination film-thin and thick gauge, PP thermal lamination, MegaBond PET and PP thermal lamination, nylon thermal lamination, and Zafira UV polyester thermal lamination films for use in thermal lamination products, such as book covers, identity cards, etc., as well as in carton lamination, commercial films, etc. Further, the company provides Saraprint, a non tearable PET films, which include digital print media products, polyester master plates, laser printer, inkjet, backlit, and label face films for various applications that comprise photo albums, commercial printing, promotional and customized digital printing, mini-offset printing, and label and flexible packaging applications, as well as in durable displays, certificates, aadhar cards, product catalogues, company brochures, signage, posters, graphic industries, visiting cards, menu cards, bills, and self-adhesive labels applications. Polyplex Corporation Limited was incorporated in 1984 and is based in Noida, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockRule-based from financial data. Not advice.
Historically, Apr has averaged the highest return (+16.1%); Oct the lowest (-7.4%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.8%Neutral MonthJan 2026: +1.82% | -0.3%Neutral MonthFeb 2026: -0.28% | -11.6%Negative MonthMar 2026: -11.62% | +26.6%Positive MonthApr 2026: +26.59% | +1.8%Neutral MonthMay 2026: +1.75% | -1.1%Neutral MonthJun 2026: -1.07% | +16.1%Positive MonthJul 2026: +16.13% | +6.4%*Positive MonthAug 2026: +6.41% | β | β | β | β |
| 2025 | -12.4%Negative MonthJan 2025: -12.35% | -4.5%Negative MonthFeb 2025: -4.48% | +10.3%Positive MonthMar 2025: +10.30% | +1.8%Neutral MonthApr 2025: +1.84% | +9.5%Positive MonthMay 2025: +9.48% | -9.0%Negative MonthJun 2025: -8.95% | -7.3%Negative MonthJul 2025: -7.30% | -10.0%Negative MonthAug 2025: -10.04% | +2.5%Positive MonthSep 2025: +2.48% | -7.5%Negative MonthOct 2025: -7.53% | -13.1%Negative MonthNov 2025: -13.11% | -0.1%Neutral MonthDec 2025: -0.07% |
| 2024 | -3.7%Negative MonthJan 2024: -3.66% | -14.8%Negative MonthFeb 2024: -14.77% | -11.2%Negative MonthMar 2024: -11.24% | +20.5%Positive MonthApr 2024: +20.45% | -14.4%Negative MonthMay 2024: -14.42% | +26.9%Positive MonthJun 2024: +26.86% | +18.7%Positive MonthJul 2024: +18.66% | +4.5%Positive MonthAug 2024: +4.49% | -7.4%Negative MonthSep 2024: -7.44% | -0.2%Neutral MonthOct 2024: -0.20% | +11.8%Positive MonthNov 2024: +11.77% | +0.9%Neutral MonthDec 2024: +0.86% |
| 2023 | -4.0%Negative MonthJan 2023: -4.01% | -11.6%Negative MonthFeb 2023: -11.55% | -15.5%Negative MonthMar 2023: -15.47% | +18.9%Positive MonthApr 2023: +18.91% | -0.1%Neutral MonthMay 2023: -0.12% | -3.2%Negative MonthJun 2023: -3.22% | -6.4%Negative MonthJul 2023: -6.45% | -1.0%Neutral MonthAug 2023: -1.02% | -4.9%Negative MonthSep 2023: -4.85% | -11.7%Negative MonthOct 2023: -11.71% | +3.7%Positive MonthNov 2023: +3.69% | -0.7%Neutral MonthDec 2023: -0.73% |
| 2022 | -1.9%Neutral MonthJan 2022: -1.91% | -2.1%Negative MonthFeb 2022: -2.08% | +34.7%Positive MonthMar 2022: +34.69% | +12.7%Positive MonthApr 2022: +12.65% | -13.3%Negative MonthMay 2022: -13.31% | -7.0%Negative MonthJun 2022: -6.96% | +5.7%Positive MonthJul 2022: +5.68% | -7.4%Negative MonthAug 2022: -7.45% | -8.1%Negative MonthSep 2022: -8.07% | -15.3%Negative MonthOct 2022: -15.33% | +6.9%Positive MonthNov 2022: +6.89% | -11.2%Negative MonthDec 2022: -11.25% |
| 2021 | β | β | β | β | β | +23.4%Positive MonthJun 2021: +23.36% | +8.4%Positive MonthJul 2021: +8.44% | +0.7%Neutral MonthAug 2021: +0.71% | +13.7%Positive MonthSep 2021: +13.69% | -2.2%Negative MonthOct 2021: -2.21% | +9.3%Positive MonthNov 2021: +9.33% | +1.7%Neutral MonthDec 2021: +1.66% |
| AvgΒ±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation β the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position β all Januaries together, all Februaries together, and so on β to show whether a given month has leaned positive or negative historically. βSimpleβ counts each month as +1 or β1. βWeightedβ gives larger moves more influence: +2 above +10%, β2 below β10%. With only 6 years of history for this asset, each monthβs score reflects a small number of observations β read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the assetβs full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each dayβs closing price by the price on January 1st of that year (or the assetβs first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen β at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in βAverage fromβ, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 10 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ1.56 K Cr | β | βΉ77.00 Cr | β | β | 10.8% | 10.5% | -955.6% |
| Mar 2024 | βΉ1.41 K Cr | β | βΉ-9.00 | β | β | -1.3% | -14.2% | -103.1% |
| Mar 2023 | βΉ1.65 K Cr | β | βΉ295.00 Cr | β | β | 42.5% | -7.7% | -39.9% |
| Mar 2022 | βΉ1.78 K Cr | β | βΉ491.00 Cr | β | β | 67.1% | 37.4% | 8.4% |
| Mar 2021 | βΉ1.30 K Cr | β | βΉ453.00 Cr | β | β | 81.3% | 2.0% | 97.0% |
| Mar 2020 | βΉ1.27 K Cr | β | βΉ230.00 Cr | β | β | 37.3% | -5.6% | 0.9% |
| Mar 2019 | βΉ1.35 K Cr | β | βΉ228.00 Cr | β | β | 41.0% | 23.8% | 286.4% |
| Mar 2018 | βΉ1.09 K Cr | β | βΉ59.00 Cr | β | β | 12.5% | 15.4% | 28.3% |
| Mar 2017 | βΉ944.00 Cr | β | βΉ46.00 Cr | β | β | 10.4% | -2.5% | 70.4% |
| Mar 2016 | βΉ968.00 Cr | β | βΉ27.00 Cr | β | β | 6.3% | -8.0% | 35.0% |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue / Net Sales | 1,119 | 1,052 | 968 | 944 | 1,089 | 1,348 | 1,273 | 1,299 | 1,785 | 1,648 | 1,414 | 1,563 | 1,552 |
| Total Expenses | 1,024 | 953 | 879 | 867 | 1,010 | 1,202 | 1,123 | 1,078 | 1,514 | 1,535 | 1,415 | 1,453 | 1,434 |
| EBIT / Operating Profit | 94 | 99 | 89 | 77 | 79 | 145 | 150 | 221 | 271 | 113 | -2 | 110 | 118 |
| OPM % | 8% | 9% | 9% | 8% | 7% | 11% | 12% | 17% | 15% | 7% | -0% | 7% | 8% |
| Other Income | 23 | 17 | 8 | 50 | 64 | 192 | 220 | 339 | 337 | 257 | 37 | 49 | 62 |
| Finance Costs | 20 | 16 | 8 | 19 | 16 | 5 | 3 | 3 | 2 | 1 | 3 | 10 | 10 |
| Depreciation & Amortisation | 73 | 77 | 65 | 53 | 48 | 45 | 55 | 57 | 51 | 48 | 46 | 47 | 47 |
| Profit Before Tax | 24 | 23 | 25 | 55 | 79 | 287 | 313 | 499 | 555 | 321 | -14 | 101 | 123 |
| Tax % | -38% | 13% | -8% | 17% | 26% | 21% | 27% | 9% | 11% | 8% | -33% | 24% | - |
| Net Profit / PAT | 33 | 20 | 27 | 46 | 59 | 228 | 230 | 453 | 491 | 295 | -9 | 77 | 94 |
| EPS (βΉ) | 10.20 | 6.23 | 8.43 | 14.29 | 18.42 | 71.31 | 71.85 | 144.43 | 156.55 | 93.85 | -2.88 | 24.56 | 29.97 |
| Dividend Payout % | 20% | 41% | 36% | 50% | 221% | 73% | 24% | 116% | 68% | 95% | -106% | 56% | - |
Peer Comparison
Industrials sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Polyplex Corporation Ltd.this co. | βΉ2.57 K Cr | βΉ1.56 K Cr | 27.30 | 3.47 | 73.58 | 10.5% |
| Larsen & Toubro Limited | βΉ5.35 L Cr | βΉ1.43 L Cr | 52.20 | 7.87 | 34.29 | 12.9% |
| Adani Ports and Special Economic Zone Ltd | βΉ3.29 L Cr | βΉ7.91 K Cr | 159.00 | 10.36 | 62.82 | 16.2% |
| Solar Industries India Limited | βΉ1.15 L Cr | βΉ4.46 K Cr | 121.00 | 32.81 | 128.61 | 19.9% |
| Polycab India Limited | βΉ1.14 L Cr | βΉ21.91 K Cr | 46.90 | 10.84 | 42.32 | 21.4% |
| Cummins India Ltd. | βΉ1.10 L Cr | βΉ10.34 K Cr | 49.50 | 15.01 | 47.01 | 15.4% |
| Ashok Leyland Ltd. | βΉ1.09 L Cr | βΉ38.75 K Cr | 32.00 | 9.49 | 22.91 | 1.0% |
| Industry Average | β | βΉ5.40 K Cr | 57.83 | 7.16 | 40.88 | 45.0% |
