As of 6 Nov 2026, Atharva Poly-Plast trades at 36.1× trailing earnings, above the industry P/E of 22.1×, and the shares are close to their 52-week high. Sales and net profit grew 6.3% and 108% a year over 3 years; its ROE of 40% is the highest among the 7 largest Specialty Chemicals peers. It is listed on an SME platform with a market cap of ₹233 Cr, ranked 126th of 204 Specialty Chemicals companies by market cap; the shares rose 91% over the past year.
- ₹138.45
- ₹138.90
- ₹134.45
- ₹132.30
- 56K
Health check
- ReturnsAhead
+91.2% over a year, better than 6 of 7 peers.
- Price tagPricier
P/E 36.1 vs industry 22.1.
- GrowthStrong
Sales +6.3%, profit +108.4% a year over 3 years.
- ProfitabilityStrong
ROCE 3804.5% vs peer median 24.4%.
- Balance sheetFair
Piotroski 5 of 9.
- Red flags1 to check
P/E of 36.1 against an industry P/E of 22.1.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹233 Cr
- Small cap
- P/E
- 36.1
- Industry 22.1
- Price to book
- 8.74
- Peers 13.33
- Dividend yield
- 0.00%
- ROE
- 39.6%
- Peers 23.0%
- ROCE
- 3804.5%
- Peers 24.4%
- Debt to equity
- n/a
- EPS (TTM)
- ₹3.84
- OPM (TTM)
- 17.5%
- Net margin 11.9%
- Sales growth
- n/a
- Year-ago quarter not reported
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 4.29
Strengths and risks
Strengths
- Return on equity of 39.6%.
- Return on capital employed of 3804.5%.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- P/E of 36.1 against an industry P/E of 22.1.
About Atharva Poly-Plast
Atharva Poly-Plast Limited manufactures plastic moulded components for the furniture, home appliance, and automotive sectors. It serves businesses in North America, Europe, South America, the Middle East, Africa, and Southeast Asia. The company was founded in 1990 and is based in Pune, India.
- Headquarters
- Pune
- Sector
- Basic Materials
- ISIN
- INE226801012
- Website
- atharvapolyplast.in
Price range
- Avg volume (3M)
- 60.8K
- 1-year return
- plus 91.2%
- From 52-week high
- minus 0.3%
Peers · Specialty Chemicals
| 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% |
| ATHARVAAtharva Poly-Plast | 138.50 | plus 4.69% | 233 | 36.1 | 20.9 | 3804.5% | 17.5% | – | 6.3% | plus 91.2% |
| Median of 7 peers | – | 0.48% | 58,496 | 70.9 | 44.4 | 24.4% | 24.1% | 0.21 | 5.8% | 6.8% |
Quarterly results
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- Sales CAGR 3Y
- +6.3%
- Profit CAGR 3Y
- +108.4%
- ROE
- 39.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 45.3 | 41.5 | 47.5 | 54.4 | |
| – | minus 8.4% | +14.6% | +14.4% | |
| 41.5 | 35.6 | −121 | 43.2 | |
| 3.8 | 5.9 | 169 | 11.2 | |
| 8.3% | 14.3% | 354.6% | 20.6% | |
| 0.3 | −0.6 | −0.3 | −0.5 | |
| 1 | 0.8 | 0.7 | 0.8 | |
| 1.9 | 1.9 | 161 | 1.6 | |
| −0.3 | – | −0.1 | −0 | |
| 0.8 | 2.6 | 6.5 | 8.3 | |
| 11.5% | 23.5% | 21.4% | 21.6% | |
| 0.7 | 2 | 5.1 | 6.5 | |
| – | +180.3% | +153.6% | +27.5% | |
| 0.42 | 1.19 | 3.01 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 6.5 | 6.5 | 0.1 | 0.1 | |
| −0.8 | 1.2 | 0.1 | 0.1 | |
| 16.2 | 13.6 | 0.1 | 0.1 | |
| 11 | 11.3 | 0.1 | 0.1 | |
| 32.9 | 32.7 | 0.3 | 0.4 | |
| 18.1 | 16.9 | 0.2 | 0.2 | |
| – | 0 | 0 | – | |
| 0 | 1.5 | 0 | 0 | |
| 1.1 | 0.9 | 0 | 0 | |
| 13.7 | 13.4 | 0.1 | 0.2 | |
| 32.9 | 32.7 | 0.3 | 0.4 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 7.8 | 3 | 7 | 1.7 | |
| −1.9 | 1 | 1.6 | −2.4 | |
| −5 | −4.2 | −6.7 | 0.3 | |
| 0.8 | −0.2 | 1.8 | −0.3 | |
| −3.4 | −0.6 | −0.1 | −4 | |
| 4.4 | 2.4 | 6.9 | −2.3 |
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.