Pearl Polymers Limited (PEARLPOLY)

Loading page…

Pearl Polymers Limited (PEARLPOLY) · mywealthgrid

About

Pearl Polymers Limited operates in Plastic Products - Consumer within the Consumer Discretionary sector.

Face value: ₹10

Market cap

₹29 Cr

P/E

—

P/B

1.0×

Dividend yield

ROE

-15.3%

ROCE

-15.1%

Debt / equity

OPM

-37.2%

EPS (TTM)

₹-3.2

Book value

₹17.2

52-week high

—

52-week low

—

2,524 historical price candles were omitted because the exchange source has not been verified.

₹17.1+1%1Y

Quick read

rule-based

Pros

+Almost debt-free (debt/equity 0)

Cons

−Low return on equity of -9.3% (3-yr avg)
−Revenue shrank over the last 5 years (-29.3% a year)
−Weak interest coverage of -97.4×

Research score

Structured signal from quality, growth, valuation and momentum.

45/100

Business quality: 20
Growth: 15
Valuation: 100

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

Loading peers…

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
	176	174	181	179	140	112	14	17	16	22	20
COGS	-101	-98	-110	57	86	66	12	12	10	12	12
Gross profit	—	—	—	121	53	46	2	5	6	10	8
	268	262	287	119	58	50	64	15	13	18	15
	10	9	4	3	-4	-4	-62	-10	-7	-8	-7
OPM %	5.6%	5.5%	2.4%	1.5%	-3.2%	-3.7%	-442.7%	-57.1%	-42.6%	-36.1%	-37.2%
Depreciation	7	6	6	6	6	6	1	1	1	0	0
Interest	5	5	5	5	4	4	0	0	0	0	0
	1	1	2	2	3	4	91	2	8	3	3
Profit before tax	-0	1	-4	-6	-12	-11	28	-8	0	-5	-5
Tax	—	—	—	-1	-1	0	6	0	-0	-0	-0
Tax %	—	—	—	-23%	-10.6%	0%	21.6%	1.7%	-100%	-2.9%	-3.1%
	0	0	-3	-5	-11	-11	22	-8	1	-5	-5
PAT margin %	0.3%	0.2%	-1.5%	-2.7%	-8%	-9.5%	156.1%	-47.7%	4%	-23.3%	-24.2%
EPS (₹)	0.3	—	-1.5	-2.9	-6.6	-6.3	13	-4.9	0.4	-3	-2.8
EPS adjusted (₹)	—	0.2	-1.6	-2.9	-6.6	-6.3	13	-4.9	0.4	-3	-2.8
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 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	17	17	17	17	17	17	17	17	17	17
Reserves	36	33	29	18	7	29	21	22	17	12
	30	30	27	26	28	0	0	0	0	0
	41	57	54	45	39	10	7	7	7	7
Total equity & liabilities	124	137	126	106	91	56	45	45	41	36
	53	54	50	45	39	5	5	5	4	4
CWIP	0	0	0	0	0	0	0	0	0	0
Investments	2	2	2	2	2	31	32	30	29	25
	69	80	75	59	50	21	9	10	8	7
Total assets	124	137	126	106	91	56	45	45	41	36

Loading financials…

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 %	67.8%	38.2%	40.8%	15.6%	28.5%	39.5%	46.5%	41.3%
EBITDA margin %	1.5%	-3.2%	-3.7%	-442.7%	-57.1%	-42.6%	-36.1%	-37.2%
EBIT margin %	-2%	-7.7%	-9%	-448%	-60.4%	-46.2%	-38.3%	-39.7%
PAT margin %	-2.7%	-8%	-9.5%	156.1%	-47.7%	4%	-23.3%	-24.2%
Working capital
Receivable days	89	80	87	58	44	39	29	36
Inventory days	—	—	88	95	52	77	48	42
Payable days	265	138	144	129	121	155	130	138
NWC days	—	—	31	24	-25	-39	-53	-61
Leverage
Current ratio	—	—	0.78	5.64	6.71	7.28	5.6	4.75
Debt to EBITDA	9.79	—	—	—	—	—	—	—
Debt to equity	0.59	0.76	1.18	0.01	0.01	0	0	0
Interest coverage	-0.3	-2	-1.6	112.4	-113.9	7.6	-86.8	-97.4
Asset turnover	1.42	1.32	1.23	0.25	0.38	0.36	0.54	0.55
Return ratios
Return on assets %	-3.9%	-10.6%	-11.6%	38.8%	-18.1%	1.4%	-12.5%	-13.2%
Return on capital employed %	—	—	-21.1%	71.9%	-18.3%	1%	-14%	-15.1%
Return on equity %	-10.7%	-32.2%	-44%	47.4%	-21.5%	1.7%	-15.3%	-16.5%

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.

Loading ratios…

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
	55.58%	55.58%	55.58%	55.58%	55.58%	55.58%	55.58%	55.58%	55.58%	55.58%	55.58%	55.58%
	0.05%	0.07%	0.1%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%
	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.03%	0.03%	0.03%	0.03%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	44.33%	44.31%	44.28%	44.33%	44.33%	44.33%	44.33%	44.33%	44.34%	44.34%	44.34%	44.34%
No. of shareholders	—	—	—	—	—	—	—	—	17,199	17,014	16,767	16,758

Promoter holding up 0 percentage points since Sep 2023.

190 deals · 15 Dec 2021 – 20 Apr 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
20 Apr 2026	SUJAY BANGALORE SUBRAMANYA	Bulk	NSE	Sell	93,693	₹22.58	₹0.21 Cr
20 Apr 2026	SUJAY BANGALORE SUBRAMANYA	Bulk	NSE	Buy	93,693	₹22.94	₹0.21 Cr
23 Dec 2025	RIMPY MITTAL	Bulk	NSE	Buy	88,965	₹24.51	₹0.22 Cr
23 Dec 2025	RIMPY MITTAL	Bulk	NSE	Sell	35,965	₹23.63	₹0.08 Cr
27 Nov 2025	RIMPY MITTAL	Bulk	NSE	Sell	93,546	₹25.45	₹0.24 Cr
27 Nov 2025	RIMPY MITTAL	Bulk	NSE	Buy	93,546	₹24.77	₹0.23 Cr
8 Aug 2025	AVIRAT ENTERPRISE	Bulk	NSE	Buy	1,05,000	₹33.99	₹0.36 Cr
30 Jul 2025	AVIRAT ENTERPRISE	Bulk	NSE	Sell	2,84,000	₹36.94	₹1.05 Cr
30 Jul 2025	SAROJDEVI S KABRA	Bulk	NSE	Buy	1,39,892	₹37.78	₹0.53 Cr
30 Jul 2025	SAROJDEVI S KABRA	Bulk	NSE	Sell	1,39,892	₹37.86	₹0.53 Cr

1–10 of 190

1 / 19

Mr. UDIT SETHExecutive Director-Chairperson related to Promoter-MD
Mr. AMIT SETHExecutive Director
Mr. VARUN SETHExecutive Director
Mr. ANANT KANOINon-Executive - Independent Director
Mrs. ANUPAMA MAZUMDARNon-Executive - Independent Director
Mr. BREJ BEHARI GUPTANon-Executive - Independent Director
Mr. Sanjeev RikhiChief Financial Officer
Ms. Prachi TyagiCompany Secretary & Compliance Officer

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

Loading shareholding…

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.

Loading f&o…

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 Pearl Polymers Limited. Portfolios are published monthly by each AMC; coverage is still partial.

Loading fund holders…

Documents

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

Announcements

Annual reports

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

Loading documents…

Events

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

1

Board meeting to consider results12 Aug 2026

Loading events…

Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

6 announcementsExport CSV

3 Sept 2026, 12:02 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

Loading announcements…

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	67.8%	38.2%	40.8%	15.6%	28.5%	39.5%	46.5%	41.3%
EBITDA margin %	1.5%	-3.2%	-3.7%	-442.7%	-57.1%	-42.6%	-36.1%	-37.2%
EBIT margin %	-2%	-7.7%	-9%	-448%	-60.4%	-46.2%	-38.3%	-39.7%
PAT margin %	-2.7%	-8%	-9.5%	156.1%	-47.7%	4%	-23.3%	-24.2%
Working capital
Receivable days	89	80	87	58	44	39	29	36
Inventory days	—	—	88	95	52	77	48	42
Payable days	265	138	144	129	121	155	130	138
NWC days	—	—	31	24	-25	-39	-53	-61
Leverage
Current ratio	—	—	0.78	5.64	6.71	7.28	5.6	4.75
Debt to EBITDA	9.79	—	—	—	—	—	—	—
Debt to equity	0.59	0.76	1.18	0.01	0.01	0	0	0
Interest coverage	-0.3	-2	-1.6	112.4	-113.9	7.6	-86.8	-97.4
Asset turnover	1.42	1.32	1.23	0.25	0.38	0.36	0.54	0.55
Return ratios
Return on assets %	-3.9%	-10.6%	-11.6%	38.8%	-18.1%	1.4%	-12.5%	-13.2%
Return on capital employed %	—	—	-21.1%	71.9%	-18.3%	1%	-14%	-15.1%
Return on equity %	-10.7%	-32.2%	-44%	47.4%	-21.5%	1.7%	-15.3%	-16.5%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Shaily Engineering Plastics LimitedSHAILYSHAILY	₹13,842 Cr	₹14,016 Cr	₹1,025 Cr	₹294 Cr	28.3%	₹177 Cr	17.2%	34%	26.9%	135
Safari Industries (India) LimitedSAFARISAFARI	₹6,756 Cr	₹6,756 Cr	₹2,108 Cr	₹267 Cr	13.2%	₹165 Cr	8.2%	20%	16.2%	101
Vip Industries LimitedVIPINDVIPIND	₹3,989 Cr	₹4,400 Cr	₹1,875 Cr	₹-277 Cr	-13%	₹-378 Cr	-18.2%	-46.8%	-74.6%	60
Nilkamal LimitedNILKAMALNILKAMAL	₹2,789 Cr	₹3,045 Cr	₹3,715 Cr	₹345 Cr	8.7%	₹125 Cr	3.1%	10.4%	7.5%	109
Bai-Kakaji Polymers LtdBAIKAKAJIBAIKAKAJI	₹618 Cr	—	₹354 Cr	₹48 Cr	13.6%	₹26 Cr	7.4%	—	—	—
Atharva Poly-Plast LtdATHARVAATHARVA	₹213 Cr	₹221 Cr	—	—	—	—	—	—	—	—
Pil Italica Lifestyle LimitedPILITAPILITA	₹175 Cr	₹190 Cr	₹101 Cr	₹7 Cr	8.3%	₹3 Cr	4.1%	8.7%	5.5%	112
Prima Plastics LtdPRIMAPLAPRIMAPLA	₹152 Cr	₹177 Cr	₹160 Cr	₹27 Cr	17%	₹20 Cr	13.3%	11.5%	10.8%	170
Avro India LimitedAVROINDAVROIND	₹90 Cr	₹107 Cr	₹98 Cr	₹2 Cr	3.6%	₹4 Cr	4.9%	8.4%	5.3%	178
Tokyo Plast International LimitedTOKYOPLASTTOKYOPLAST	₹67 Cr	₹114 Cr	₹81 Cr	₹7 Cr	8.8%	₹0 Cr	0.8%	5.4%	1%	171
Pearl Polymers LimitedPEARLPOLYPEARLPOLY	₹29 Cr	₹29 Cr	₹20 Cr	₹-7 Cr	-37.2%	₹-5 Cr	-24.2%	-15.1%	-15.3%	-61
Technopack Polymers LtdTECHNOPACKTECHNOPACK	₹13 Cr	—	₹8 Cr	₹3 Cr	34.7%	₹1 Cr	14.5%	—	—	—

Date	Category	Subject	Filing
3 Sept 2026, 12:02 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
2 Sept 2026, 7:19 pm	Company Update General	Letter To Shareholder	PDF
2 Sept 2026, 7:02 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
2 Sept 2026, 6:54 pm	AGM/EGM AGM	Notice Of 55Th Annual General Meeting Of The Company To Be Held On Friday, 25Th September 2026 At 12:30 P.M. Through Video Conferencing Or Other Audio Visual Means	PDF
30 Aug 2026, 5:27 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
8 Jul 2026, 11:12 am	Company Update Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018	Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018	PDF

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	10	11	12	7	4	1	29	-5	-7	-5	-5
	-2	-5	-8	-0	0	2	5	-1	8	3	5
	-8	-6	-3	-8	-4	-2	-28	-0	-0	-0	-0
Net cash flow	-0	0	—	-1	0	1	6	-6	1	-2	-0
Free cash flow	—	—	—	—	—	0	27	-5	-8	-5	-5
CFO / Operating profit %	106.7%	111.7%	268.1%	272.8%	—	—	—	—	—	—	—

Pearl Polymers Limited

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Events

Board meetings1

Announcements

Board meetings1

Ratio timeline

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Quarterly record

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Return on equity

1

1