Dutron Polymers Ltd (DUTRON)

About

Dutron Polymers Ltd operates in Plastic Products - Industrial within the Industrials sector.

Face value: ₹10

Market cap

₹62 Cr

P/E

27.1×

P/B

2.0×

Dividend yield

2.9%

ROE

8.7%

ROCE

11.3%

Debt / equity

0.12

OPM

4.7%

EPS (TTM)

₹3.8

Book value

₹51.6

52-week high

—

52-week low

—

2,052 historical price candles were omitted because the exchange source has not been verified.

₹103.0-4.4%1Y

Quick read

rule-based

Pros

+Dividend yield of 2.9%
+Dividend payout of 79.1% of profit
+High promoter holding of 74.9% with no pledge

Cons

−Low return on equity of 6.5% (3-yr avg)
−Thin operating margin of 4.7%
−Revenue shrank over the last 5 years (-0.5% a year)

Research score

Structured signal from quality, growth, valuation and momentum.

51/100

Business quality: 36
Growth: 51
Valuation: 65

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Supreme Industries LimitedSUPREMEINDSUPREMEIND	₹42,926 Cr	₹42,926 Cr	₹11,326 Cr	₹1,632 Cr	13.9%	₹1,032 Cr	8.5%	19.1%	16.1%	44
Garware Hi-Tech Films LimitedGRWRHITECHGRWRHITECH	₹16,067 Cr	₹16,067 Cr	₹2,258 Cr	₹497 Cr	20.5%	₹388 Cr	16%	17.6%	13.5%	89
Finolex Industries LimitedFINPIPEFINPIPE	₹9,338 Cr	₹9,775 Cr	₹3,954 Cr	₹692 Cr	16.5%	₹615 Cr	14.6%	12.2%	9.7%	133
Kingfa Science & Technology (India) LimitedKINGFAKINGFA	₹8,958 Cr	₹8,958 Cr	₹2,222 Cr	₹314 Cr	13.1%	₹226 Cr	9.3%	23.6%	17.4%	100
Time Technoplast LimitedTIMETECHNOTIMETECHNO	₹8,869 Cr	₹9,508 Cr	₹6,445 Cr	₹922 Cr	14.6%	₹490 Cr	7.8%	18.2%	13.4%	161
Prince Pipes And Fittings LimitedPRINCEPIPEPRINCEPIPE	₹2,731 Cr	₹2,871 Cr	₹2,627 Cr	₹270 Cr	8.9%	₹102 Cr	2.8%	6.4%	4.5%	71
Apollo Pipes LimitedAPOLLOPIPEAPOLLOPIPE	₹2,255 Cr	₹2,379 Cr	₹1,125 Cr	₹49 Cr	6%	₹-15 Cr	0.4%	2.1%	0.6%	58
Jain Irrigation Systems LimitedJISLJALEQSJISLJALEQS	₹1,951 Cr	₹6,013 Cr	₹6,362 Cr	₹765 Cr	12.5%	₹-53 Cr	-0.6%	7.3%	-0.4%	230
Jai Corp LimitedJAICORPLTDJAICORPLTD	₹1,571 Cr	₹1,571 Cr	₹541 Cr	₹70 Cr	10.6%	₹93 Cr	32.9%	13.1%	11.7%	269
Premier Polyfilm LimitedPREMIERPOLPREMIERPOL	₹949 Cr	₹949 Cr	₹365 Cr	₹50 Cr	13.6%	₹35 Cr	9.4%	31.2%	24.1%	102
R M Drip And Sprinklers Systems LimitedRMDRIPRMDRIP	₹587 Cr	₹640 Cr	₹207 Cr	₹53 Cr	26.6%	₹35 Cr	17.7%	33.6%	31.5%	268
Prakash Pipes LimitedPPLPPL	₹582 Cr	₹621 Cr	₹780 Cr	₹118 Cr	15.1%	₹83 Cr	10.7%	28.6%	20.5%	—

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	121	98	97	106	89	94	125	132	0	0	92
COGS	-89	-72	-81	-90	-73	83	112	118	0	0	78
Gross profit	—	—	—	—	—	12	13	14	—	—	14
	205	165	172	192	158	7	7	8	0	0	10
	5	6	6	5	5	5	5	6	0	0	4
OPM %	4.5%	5.6%	5.8%	4.6%	5.2%	5.4%	4.4%	4.5%	—	—	4.7%
Depreciation	1	2	1	1	1	1	1	1	0	0	1
Interest	1	1	2	2	2	1	1	1	0	0	0
	0	0	0	0	0	0	0	0	0	0	1
Profit before tax	3	3	3	3	3	3	4	4	0	0	4
Tax	—	—	1	1	—	1	1	1	0	0	1
Tax %	—	—	35%	25.5%	—	23.8%	20.3%	27.9%	—	—	23.1%
	3	2	2	2	2	2	3	3	0	0	3
PAT margin %	2.3%	1.9%	1.9%	2%	2.2%	2.4%	2.3%	2%	—	—	2.9%
EPS (₹)	4.6	3.1	3	3.5	4.4	6.6	—	—	—	—	4.5
EPS adjusted (₹)	—	—	—	—	3.3	3.8	4.8	4.3	—	—	4.5
	0%	0%	0%	40%	27.1%	18.1%	—	—	—	—	33.3%
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	6	6	6	6	0	0	6
Reserves	—	15	17	19	0	0	25
	—	13	14	10	0	0	4
	—	5	6	5	0	0	7
Total equity & liabilities	—	39	43	40	0	0	42
	9	9	8	8	0	0	7
CWIP	—	—	—	—	—	—	0
Investments	—	3	3	4	0	0	0
	—	28	32	28	—	—	35
Total assets	—	39	43	40	0	0	42

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	5	1	8	0	0	-1
	-1	-0	-1	0	0	-0
	-2	-2	-7	0	0	-2
Net cash flow	3	-1	0	0	0	-4
Free cash flow	4	1	8	0	0	-2
CFO / Operating profit %	94.9%	18.1%	139.7%	—	—	-23.1%

Compounded sales growth

7 years: -2%
5 years: -1%
3 years: -11%
1 year: —

Compounded profit growth

7 years: 4%
5 years: 3%
3 years: 2%
1 year: —

Return on equity

7 years: —
5 years: 15%
3 years: 11%
Last year: 9%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	12.5%	10.1%	10.5%	—	—	15.4%
EBITDA margin %	4.6%	5.2%	5.4%	4.4%	4.5%	—	—	4.7%
EBIT margin %	3.6%	3.9%	4.2%	3.4%	3.6%	—	—	3.7%
PAT margin %	2%	2.2%	2.4%	2.3%	2%	—	—	2.9%
Working capital
Receivable days	—	—	45	54	31	—	—	34
Inventory days	—	—	56	37	41	—	—	86
Payable days	—	—	5	10	7	—	—	18
NWC days	—	—	97	81	65	—	—	102
Leverage
Current ratio	—	—	8.42	5.85	6.85	—	—	5.3
Debt to EBITDA	—	—	2.59	2.5	1.64	—	—	0.83
Debt to equity	—	—	0.63	0.59	0.39	—	—	0.12
Interest coverage	2.4	2.5	3.1	4.4	3.8	—	—	8.2
Asset turnover	—	—	2.39	2.9	3.32	—	—	2.2
Return ratios
Return on assets %	—	—	5.8%	6.8%	6.5%	—	—	6.5%
Return on capital employed %	—	—	12.3%	12.8%	13.2%	0%	—	11.3%
Return on equity %	—	—	10.9%	12.6%	10.4%	—	—	8.7%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	74.88%	74.88%	74.88%	74.88%	74.88%	74.88%	74.88%	74.88%	74.88%	74.88%	74.88%	74.88%
FII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	25.12%	25.12%	25.12%	25.12%	25.12%	25.12%	25.12%	25.12%	25.12%	25.12%	25.12%	25.12%
No. of shareholders	—	—	—	—	—	—	—	—	1,643	1,632	1,621	1,616

Promoter holding up 0 percentage points since Sep 2023.

Mr. RASESH HASMUKHLAL PATELExecutive Director-Chairperson related to Promoter-MD
Mr. SUDIPBHAI BIPINCHANDRA PATELExecutive Director
Bharatkumar Ravjibhai BarotChief Financial Officer
Mr. ALPESH BIPINCHANDRA PATELNon-Executive - Non Independent Director
Mr. RAJENDRABHAI DAYALJIBHAI DESAINon-Executive - Independent Director
Mrs. YOGENBHAI BHALABHAI PATELNon-Executive - Independent Director
Mr. PARUL PARESHBHAI PARIKHNon-Executive - Independent Director
Ms. Niharika ModiCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Dutron Polymers Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

30

Annual reports

26

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

16

Dividend dividend11 Sept 2026 · ex-date₹1.5
Final dividend12 Sept 2025 · ex-date₹1.5
Final dividend5 Jul 2024 · ex-date₹1.5
Dividend dividend23 Jun 2023 · ex-date₹1.4
Final dividend16 Jun 2022 · ex-date₹1.4
Final dividend6 Sept 2021 · ex-date₹1.2
Final dividend27 Aug 2020 · ex-date₹1.2
Final dividend30 Aug 2019 · ex-date₹1.4
Dividend dividend16 Sept 2015 · ex-date₹1.4
Dividend dividend17 Sept 2014 · ex-date₹1.4
Dividend dividend18 Sept 2013 · ex-date₹1.4
Dividend dividend13 Sept 2012 · ex-date₹1.2
Dividend dividend15 Sept 2011 · ex-date₹1.2
Dividend dividend10 Sept 2009 · ex-date₹1.1
Dividend dividend28 Aug 2008 · ex-date₹0.9
Dividend dividend19 Sept 2007 · ex-date₹0.6

1

Board meeting to consider results12 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

24 announcementsExport CSV

29 Sept 2026, 1:07 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

19 Sept 2026, 5:45 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

18 Sept 2026, 12:43 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

27 Aug 2026, 5:59 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

26 Aug 2026, 5:59 pmAGM/EGM

Notice Of Annual General Meeting Held On Friday, 18Th September, 2026

AGM PDF

26 Aug 2026, 11:35 amCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

14 Aug 2026, 6:24 pmCorp. Action

Intimation Of Record Date For 45Th AGM

Record Date PDF

14 Aug 2026, 6:16 pmCorp. Action

Intimation Of Book Closure For 45Th AGM

Book Closure PDF

Date	Category	Subject	Filing
29 Sept 2026, 1:07 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
19 Sept 2026, 5:45 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
18 Sept 2026, 12:43 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
27 Aug 2026, 5:59 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
26 Aug 2026, 5:59 pm	AGM/EGM AGM	Notice Of Annual General Meeting Held On Friday, 18Th September, 2026	PDF
26 Aug 2026, 11:35 am	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
14 Aug 2026, 6:24 pm	Corp. Action Record Date	Intimation Of Record Date For 45Th AGM	PDF
14 Aug 2026, 6:16 pm	Corp. Action Book Closure	Intimation Of Book Closure For 45Th AGM	PDF

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Dutron Polymers Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Ratios

Ratio timeline

Shareholding

Quarterly record

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

Dividends16

Board meetings1

Announcements

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Ratio timeline

Quarterly record

Board and management

No fund holdings on record

Announcements

Annual reports

Dividends16

Board meetings1

16

1

16

1