AMS Polymers (BSE: AMS) had a P/E of 31.7× on 5 Nov 2026, and the shares are 42% below their 52-week high. Sales and net profit grew 8.8% and 15% a year over 3 years, with ROCE of 34% and ROE of 14%. Debt is 2.40× equity. It is a small-cap company with a market cap of ₹15 Cr; the shares rose 82% over the past year.
- ₹46.90
- ₹46.90
- ₹46.90
- ₹46.90
- 182
Health check
- ReturnsStrong
+82.0% over the past year.
- Price tagNo peers
P/E 31.7, with no peers to compare.
- GrowthSteady
Sales +8.8%, profit +14.8% a year over 3 years.
- ProfitabilityStrong
ROCE 34.1%.
- Balance sheetStretched
Debt 2.40× equity, interest covered 2.3×.
- Red flags4 to check
Debt is 2.40× equity.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹15 Cr
- Small cap
- P/E
- 31.7
- Price to book
- 2.57
- Book value ₹18.26
- Dividend yield
- 0.00%
- ROE
- 14.0%
- Return on equity
- ROCE
- 34.1%
- Return on capital employed
- Debt to equity
- 2.40
- Debt ₹15 Cr
- EPS (TTM)
- ₹1.48
- OPM (TTM)
- 1.6%
- Net margin 0.4%
- Sales growth
- +36.2%
- Latest quarter vs a year ago
- Profit growth
- −54.1%
- Latest quarter vs a year ago
- Price to sales
- 0.13
- EV/EBITDA 16.0
Strengths and risks
Strengths
- Return on capital employed of 34.1%.
- Quarterly sales up 36.2% on a year ago.
Risks to check
- Debt is 2.40× equity.
- Quarterly profit down 54.1% on a year ago.
- 42% below its 52-week high.
- Interest coverage of only 2.3×.
About AMS Polymers
AMS Polymers Limited manufactures, trades, imports, exports, and deals in specialty chemicals in India. The company offers organic and inorganic heavy and light chemicals; polyurethane chemicals; sealants; primers, binder, and protective coatings; adhesives, including flexible packaging, textile, artificial leather, PVC, and solvent and water-based adhesives; polyester poloyos; Epoxy; PU and blended system; liquid and solid resins; and prepolymers. Its…
- Headquarters
- Delhi
- Employees
- 19
- Sector
- Basic Materials
- ISIN
- INE345U01019
- Website
- amspolymers.com
Price range
- Avg volume (3M)
- 272
- 1-year return
- plus 82.0%
- From 52-week high
- minus 42.4%
Peers
We couldn’t find listed peers for this company.
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 26.7 | 27.4 | 25.9 | 28.5 | 36.3 | |
| 25.8 | 27.2 | 25.2 | 28 | 35.7 | |
| 0.9 | 0.2 | 0.7 | 0.5 | 0.6 | |
| 3.5% | 0.7% | 2.6% | 1.6% | 1.7% | |
| 0 | 0 | 0 | 0 | 0 | |
| 0.2 | 0 | 0.5 | 0.3 | 0.2 | |
| 0 | 0 | 0.1 | 0 | 0.1 | |
| 0.7 | 0.1 | 0.1 | 0.2 | 0.4 | |
| 8.0% | – | 105.2% | 54.9% | 31.2% | |
| 0.6 | 0.1 | −0 | 0.1 | 0.3 | |
| 0.18 | 0.34 | – | 0.31 | 0.84 |
Profit & loss
- Sales CAGR 3Y
- +8.8%
- Profit CAGR 3Y
- +14.8%
- EPS CAGR 3Y
- +14.8%
- ROE
- 14.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 85 | 83.7 | 101 | 110 | |
| – | minus 1.6% | +20.6% | +8.6% | |
| 83.9 | 82.2 | 99.1 | 107 | |
| 1.2 | 1.5 | 1.9 | 2.2 | |
| 1.4% | 1.8% | 1.9% | 2.0% | |
| −0.1 | −0.1 | −0 | −0 | |
| 0.3 | 0.5 | 0.8 | 0.9 | |
| 0 | 0.1 | 0.1 | 0.1 | |
| 0.7 | 0.8 | 1 | 1.1 | |
| 26.0% | 26.0% | 24.2% | 29.1% | |
| 0.5 | 0.6 | 0.8 | 0.8 | |
| – | +16.8% | +26.6% | +2.4% | |
| 1.58 | 1.93 | 1.93 | 2.39 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.3 | 3.3 | 3.3 | 3.3 | |
| 0.5 | 1.2 | 1.9 | 2.7 | |
| 9.2 | 12.8 | 14.9 | 14.5 | |
| 21.6 | 25.6 | 53.5 | 29.5 | |
| 34.6 | 42.8 | 73.6 | 50.1 | |
| 0.2 | 0.2 | 0.3 | 0.6 | |
| 0.1 | 0.1 | 0.1 | 0.1 | |
| 0 | 0 | 0.2 | 0 | |
| 34.4 | 42.5 | 73 | 49.3 | |
| 34.6 | 42.8 | 73.6 | 50.1 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −4.4 | −3.5 | −1.7 | 0.5 | |
| −0.2 | −0.1 | 0 | −0.3 | |
| 4.5 | 3.6 | 2.1 | −0.4 | |
| −0.1 | 0 | 0.4 | −0.2 | |
| −0.2 | −0.1 | – | −0.4 | |
| −4.6 | −3.5 | −1.7 | 0.2 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.