Polyspin Exports Ltd (POLYSPIN)

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Polyspin Exports Ltd (POLYSPIN) · mywealthgrid

About

Polyspin Exports Ltd operates in Packaging within the Industrials sector.

Face value: ₹5

Market cap

₹30 Cr

P/E

983.3×

P/B

0.5×

Dividend yield

ROE

ROCE

14.6%

Debt / equity

1.35

OPM

5.7%

EPS (TTM)

₹0.0

Book value

₹63.1

52-week high

—

52-week low

—

1,486 historical price candles were omitted because the exchange source has not been verified.

₹29.5-6.2%1Y

Quick read

rule-based

Pros

No positive flags triggered.

Cons

−Low return on equity of 0% (3-yr avg)
−Thin operating margin of 5.7%
−Profit declined 30.7% a year over the last 3 years
−Revenue shrank over the last 3 years (-6.7% a year)
−Expensive at 983.3× trailing earnings

Research score

Structured signal from quality, growth, valuation and momentum.

21/100

Business quality: 15
Growth: 0
Valuation

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
Epl LimitedEPLEPL	₹7,443 Cr	₹8,152 Cr	₹5,043 Cr	₹1,000 Cr	20.3%	₹388 Cr	8.3%	19.5%	14.9%	97
Agi Greenpac LimitedAGIAGI	₹5,116 Cr	₹5,355 Cr	₹2,763 Cr	₹628 Cr	22.3%	₹362 Cr	13.2%	18.6%	15.6%	188
Uflex LimitedUFLEXUFLEX	₹4,692 Cr	₹14,545 Cr	₹16,866 Cr	₹2,302 Cr	12.2%	₹682 Cr	2.1%	8.6%	4.1%	89
Tcpl Packaging LimitedTCPLPACKTCPLPACK	₹3,574 Cr	₹4,148 Cr	₹1,872 Cr	₹299 Cr	16.2%	₹115 Cr	5.4%	22.4%	14.4%	98
Polyplex Corporation LimitedPOLYPLEXPOLYPLEX	₹3,228 Cr	₹4,145 Cr	₹7,601 Cr	₹592 Cr	4.9%	₹155 Cr	0.6%	1.1%	1.1%	147
Jindal Poly Films LimitedJINDALPOLYJINDALPOLY	₹2,863 Cr	₹6,866 Cr	₹2,152 Cr	₹-613 Cr	-20.2%	₹-989 Cr	-36.6%	-2%	-29.6%	81
Xpro India LimitedXPROINDIAXPROINDIA	₹2,670 Cr	₹2,959 Cr	₹535 Cr	₹50 Cr	6.3%	₹33 Cr	3.9%	3.9%	2.8%	80
Knack Packaging LimitedKNACKKNACK	₹2,211 Cr	₹2,404 Cr	₹736 Cr	₹133 Cr	18.1%	₹74 Cr	10%	47.1%	41.5%	—
Mold-Tek Packaging LimitedMOLDTKPACMOLDTKPAC	₹2,187 Cr	₹2,231 Cr	₹631 Cr	₹121 Cr	19.1%	₹64 Cr	10.1%	24.3%	17.9%	148
Cosmo First LimitedCOSMOFIRSTCOSMOFIRST	₹2,166 Cr	₹3,752 Cr	₹4,004 Cr	₹428 Cr	10.5%	₹167 Cr	4.3%	11.6%	10.1%	10
Huhtamaki India LimitedHUHTAMAKIHUHTAMAKI	₹1,757 Cr	₹1,859 Cr	₹2,610 Cr	₹225 Cr	7.7%	₹136 Cr	4.8%	12.3%	9.5%	26
Arrow Greentech LimitedARROWGREENARROWGREEN	₹1,306 Cr	₹1,306 Cr	₹247 Cr	₹86 Cr	32.2%	₹64 Cr	23.6%	30.4%	22.4%	141

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Financials

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

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	235	277	208	202	225
COGS	140	163	114	115	118
Gross profit	95	114	94	87	107
	80	98	90	88	94
Operating profit (EBITDA)	15	16	4	-1	13
OPM %	6.6%	5.8%	1.9%	-0.5%	5.7%
Depreciation	4	4	3	3	4
Interest	5	5	3	4	5
	4	6	4	4	4
Profit before tax	11	13	6	-4	7
Tax	3	4	0	-2	3
Tax %	30.8%	32.3%	7.2%	-37.4%	42.9%
	8	9	5	-3	4
PAT margin %	3.2%	3.3%	2.6%	-1.4%	1.8%
EPS (₹)	9.2	9.2	5.4	-2.8	4.1
EPS adjusted (₹)	0.1	0.1	0	-0	0
	6.5%	6.5%	0%	—	0%
Annual report	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
Equity capital	4	5	5	5	5	5
Reserves	—	42	51	55	54	58
	—	79	78	70	75	85
	—	23	22	32	26	18
Total equity & liabilities	—	149	157	162	159	167
	45	46	43	43	37	50
CWIP	—	0	0	7	16	0
Investments	—	3	3	7	8	9
	—	101	110	105	99	107
Total assets	—	149	157	162	159	167

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	-9	13	11	8	-9
	-1	-0	-8	-9	4
	13	-6	-12	1	5
Net cash flow	2	6	-9	-0	0
Free cash flow	-12	11	1	-5	-10
CFO / Operating profit %	-60.8%	82%	277.1%	—	-72.7%

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Ratios

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

Consolidated Standalone

Consolidated figures

Ratio	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Margins
Gross margin %	40.4%	41.2%	45%	43.1%	47.5%
EBITDA margin %	6.6%	5.8%	1.9%	-0.5%	5.7%
EBIT margin %	5%	4.4%	0.6%	-2%	3.8%
PAT margin %	3.2%	3.3%	2.6%	-1.4%	1.8%
Working capital
Receivable days	40	53	57	53	73
Inventory days	123	64	147	117	117
Payable days	27	18	64	53	19
NWC days	136	100	139	117	170
Leverage
Current ratio	1.12	1.42	1.24	1.27	1.27
Debt to EBITDA	5.15	4.86	17.4	—	6.65
Debt to equity	1.67	1.39	1.17	1.28	1.35
Interest coverage	3.1	3.8	1.8	-0.1	2.2
Asset turnover	1.57	1.77	1.29	1.27	1.35
Return ratios
Return on assets %	5%	5.7%	3.3%	-1.7%	2.5%
Return on capital employed %	26.9%	26%	7.1%	-0.6%	14.6%
Return on equity %	15.8%	16%	9%	-4.7%	6.5%

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.

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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
	47.82%	47.82%	47.79%	47.96%	47.44%	46.81%	46.81%	46.81%	46.81%	46.81%	46.83%	47.03%
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%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	52.18%	52.18%	52.21%	52.04%	52.56%	53.19%	53.19%	53.19%	53.19%	53.19%	53.17%	52.97%
No. of shareholders	—	—	—	—	—	—	—	—	4,085	4,036	3,996	3,980

Promoter holding down 0.79 percentage points since Sep 2023.

4 deals · 24 Nov 2023 – 13 Mar 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
13 Mar 2025	INTEGRATED INVESTMENT MANAGEMENT SERVICES PRIVATE LIMITED	Bulk	BSE	Sell	3,40,000	₹33.50	₹1.14 Cr
13 Mar 2025	INTEGRATED INSURANCE BROKING SERVICES PRIVATE LIMITED	Bulk	BSE	Buy	3,40,000	₹33.50	₹1.14 Cr
24 Nov 2023	CHAUHAN TRISHUL JITUSINH	Bulk	BSE	Buy	58,888	₹57.33	₹0.34 Cr
24 Nov 2023	CHAUHAN TRISHUL JITUSINH	Bulk	BSE	Sell	28,680	₹59.08	₹0.17 Cr

1–4 of 4

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. SINTHALAPADI RAMAKRISHNARAJA VENKATANARAYANARAJANon-Executive - Independent Director-Chairperson
Mrs. DURGA RAMJIExecutive Director-MD
Mr. SENGALIPURAM RAMAMURTHY SUBRAMANIANNon-Executive - Non Independent Director
Mr. S V RAVINon-Executive - Non Independent Director
Mr. SUNDARAMNon-Executive - Independent Director
Mr. V S JAGDISHNon-Executive - Independent Director
Mr. DEVARAJAN RAJESHNon-Executive - Independent Director
Mrs. SHWETHA RAMJINon-Executive - Non Independent Director
Mr. B. PonramChief Operating Officer
Mr. S. Seenivasa VarathanChief Financial Officer
Mr. A. EmarajanCompany Secretary, Compliance Officer & Nodal Officer

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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.

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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 Polyspin Exports 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

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Events

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

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

72 announcementsExport CSV

21 Aug 2026, 4:46 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

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Ratio	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Margins
Gross margin %	40.4%	41.2%	45%	43.1%	47.5%
EBITDA margin %	6.6%	5.8%	1.9%	-0.5%	5.7%
EBIT margin %	5%	4.4%	0.6%	-2%	3.8%
PAT margin %	3.2%	3.3%	2.6%	-1.4%	1.8%
Working capital
Receivable days	40	53	57	53	73
Inventory days	123	64	147	117	117
Payable days	27	18	64	53	19
NWC days	136	100	139	117	170
Leverage
Current ratio	1.12	1.42	1.24	1.27	1.27
Debt to EBITDA	5.15	4.86	17.4	—	6.65
Debt to equity	1.67	1.39	1.17	1.28	1.35
Interest coverage	3.1	3.8	1.8	-0.1	2.2
Asset turnover	1.57	1.77	1.29	1.27	1.35
Return ratios
Return on assets %	5%	5.7%	3.3%	-1.7%	2.5%
Return on capital employed %	26.9%	26%	7.1%	-0.6%	14.6%
Return on equity %	15.8%	16%	9%	-4.7%	6.5%

Date	Category	Subject	Filing
21 Aug 2026, 4:46 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
21 Aug 2026, 4:05 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
21 Aug 2026, 3:21 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
14 Aug 2026, 2:41 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
14 Aug 2026, 2:34 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
30 Jul 2026, 2:24 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
30 Jul 2026, 11:34 am	Board Meeting	Board Meeting Intimation for Unudited Standalone And Consolidated Financial Results For The Quarter Ended 30Th June, 2026	PDF
28 Jul 2026, 2:46 pm	Company Update General	Notice Of 41St Annual General Meeting And Annual Report For The Year 2025 - 2026	PDF

Polyspin Exports Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Credit ratings

6

1

1

Compounded sales growth

Compounded profit growth

Return on equity

Polyspin Exports Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

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

Events

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Credit ratings

Dividends6

Board meetings1

Stock splits1

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

6

1

1