Ashish Polyplast share price, P/E, ROE & financials

As of 6 Nov 2026, Ashish Polyplast trades at 20.6× trailing earnings, below the industry P/E of 22.1×, and the shares are 32% below their 52-week high. Sales and net profit fell 2.2% and 12% a year over 3 years; its ROCE of 3.8% is the lowest among the 7 largest Specialty Chemicals peers. Debt is 0.24× equity. It is a small-cap company with a market cap of ₹8.82 Cr, ranked 197th of 204 Specialty Chemicals companies by market cap; the shares fell 27% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹25.95
Day high: ₹25.95
Day low: ₹25.95
Prev. close: ₹25.95
Volume: 14

Health check

2 fair · 4 to check

ReturnsBehind
−27.0% over a year, better than 0 of 7 peers.
Price tagIn line
P/E 20.6 vs industry 22.1.
GrowthShrinking
Sales −2.2%, profit −11.7% a year over 3 years.
ProfitabilityWeak
ROCE 3.8% vs peer median 24.4%.
Balance sheetFair
Debt 0.24× equity, interest covered 3.2×, Piotroski 6 of 9.
Red flags3 to check
Return on equity is low at 7.5%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Specialty Chemicals

203 listed peers. Screen the industry

Small cap

₹8.82 Cr, #197 of 204 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹15 Cr · profit ₹1 Cr

Market cap: ₹8.82 Cr; Small cap
P/E: 20.6; Industry 22.1
Price to book: 1.14; Peers 13.33
Dividend yield: 0.00%
ROE: 7.5%; Peers 23.0%
ROCE: 3.8%; Peers 24.4%
Debt to equity: 0.24; Debt ₹1.81 Cr
EPS (TTM): ₹1.26
OPM (TTM): 3.5%; Net margin 3.7%
Sales growth: −8.4%; Latest quarter vs a year ago
Profit growth: +75.3%; Latest quarter vs a year ago
Price to sales: 0.59; EV/EBITDA 17.3

Strengths

Quarterly profit up 75.3% on a year ago.
Positive operating cash flow in each of the last 4 years.

Risks to check

Return on equity is low at 7.5%.
Quarterly sales down 8.4% on a year ago.
32% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Ashish Polyplast

Ashish Polyplast Limited manufactures and sells PVC pipes and sheets in India. The company offers air and pneumatic, water, welding, fire, car washing, and super and power spray hose pipes; PVC medium and heavy-duty suction, and delivery hose pipes; and oil, duct, and non-toxic hose pipes. It offers its products under RealOn, A-ONE, and SUPER brands. The company's products have applications in agriculture, manufacturing and construction, mining and…

Headquarters: Ahmedabad
Employees: 17
Sector: Basic Materials
ISIN: INE831C01016
Website: ashishpolyplast.com

Price range

52 weeks

₹20.10₹38.00

Today

₹25.95₹25.95

Avg volume (3M): 1.2K
1-year return: minus 27.0%
From 52-week high: minus 31.7%

Peers · Specialty Chemicals

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
ASIANPAINTAsian Paints	2,546.00	plus 0.88%	2,44,025	50.5	35.0	24.4%	18.9%	0.21	1.1%	plus 1.5%
SOLARINDSSolar Industries India	18,608.00	plus 0.48%	1,68,384	74.4	64.1	29.5%	27.8%	0.22	12.4%	plus 35.9%
PIDILITINDPidilite Industries	1,579.00	plus 1.63%	1,60,827	60.0	44.4	28.5%	23.5%	0.03	7.4%	plus 6.8%
LINDEINDIALinde India	6,859.00	plus 8.73%	58,496	118.4	64.2	16.3%	31.5%	0.23	–	plus 5.4%
BERGEPAINTBerger Paints India	478.35	minus 5.28%	55,776	45.4	29.4	20.6%	15.3%	0.15	4.2%	minus 6.0%
FLUOROCHEMGujarat Fluorochemicals	4,665.50	minus 0.94%	51,251	75.9	44.0	9.6%	24.1%	0.26	−4.5%	plus 28.0%
ACUTAASAcutaas Chemicals	3,786.60	plus 0.42%	31,001	70.9	64.1	27.7%	39.4%	0.01	29.4%	plus 105.6%
ASHISHPOAshish Polyplast	25.95	0.00%	9	20.6	18.0	3.8%	3.5%	0.24	−2.2%	minus 27.0%
Median of 7 peers	–	0.48%	58,496	70.9	44.4	24.4%	24.1%	0.21	5.8%	6.8%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
3.7	3.7	3.5	4	3.4
3.6	3.6	3.3	3.9	3.3
0.1	0.1	0.2	0.1	0.1
3.2%	2.8%	5.5%	2.6%	3.2%
0.4	0	0	0	0.6
0	0	0	0	0
0.1	0.1	0.1	0.1	0.1
–	−0.1	0.1	−0.4	–
0.5	−0.1	0.2	−0.4	0.6
19.4%	33.1%	22.0%	12.2%	−5.9%
0.4	−0.1	0.2	−0.3	0.7
1.15	-0.21	0.45	-1.00	2.02

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: −2.2%
Profit CAGR 3Y: −11.7%
EPS CAGR 3Y: −12.1%
ROE: 7.5%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
16	15.9	16	15
–	minus 0.6%	+0.5%	minus 6.2%
15.4	15.3	15.4	14.5
0.6	0.6	0.6	0.5
3.8%	3.9%	3.9%	3.6%
0	0.7	0	−0
0.1	0.1	0.1	0.1
0.3	0.3	0.3	0.2
−0	–	0.1	−0
0.3	1	0.4	0.2
27.6%	13.7%	34.9%	29.5%
0.2	0.8	0.2	0.1
–	+344.6%	minus 70.6%	minus 47.4%
0.56	2.48	0.73	0.38

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
3.4	3.4	3.4	3.4
2.2	3.1	3.3	3.4
1.5	0.3	0.2	1.5
0.9	1.4	1.1	1.2
8	8.2	8.1	9.5
2.6	2.4	2.2	2.7
1.4	2.1	3.1	3.5
0.4	0.8	0.2	0.5
3.6	3	2.5	2.8
8	8.2	8.1	9.5

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
0.7	1.7	0.6	0.3
−0.8	−0	−1	−1.2
0.4	−1.3	−0.2	1.2
0.3	0.4	−0.5	0.3
−0.8	−0.2	−0.1	−0.7
−0	1.5	0.5	−0.4

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

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you

Mar 2023	Mar 2024	Mar 2025	Mar 2026
3.4	3.4	3.4	3.4
2.2	3.1	3.3	3.4
1.5	0.3	0.2	1.5
0.9	1.4	1.1	1.2
8	8.2	8.1	9.5
2.6	2.4	2.2	2.7
1.4	2.1	3.1	3.5
0.4	0.8	0.2	0.5
3.6	3	2.5	2.8
8	8.2	8.1	9.5

Mar 2023	Mar 2024	Mar 2025	Mar 2026
3.4	3.4	3.4	3.4
2.2	3.1	3.3	3.4
1.5	0.3	0.2	1.5
0.9	1.4	1.1	1.2
8	8.2	8.1	9.5
2.6	2.4	2.2	2.7
1.4	2.1	3.1	3.5
0.4	0.8	0.2	0.5
3.6	3	2.5	2.8
8	8.2	8.1	9.5