BLS Polymers share price, P/E, ROE & financials

BLS Polymers (BLSPOLY) had a P/E of 54.2× on 6 Nov 2026, above the industry P/E of 30.0×, and the shares are 18% below their 52-week high. Sales and net profit grew 3.6% and 63% a year over 3 years; its ROCE of 44% is the highest among the 7 largest Electrical Equipment & Parts peers. Debt is 0.61× equity. It is a small-cap company with a market cap of ₹1,463 Cr, ranked 46th of 97 Electrical Equipment & Parts companies by market cap; the shares fell 12% 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: ₹248.26
Day high: ₹255.00
Day low: ₹233.56
Prev. close: ₹250.20
Volume: 90 L

Health check

1 good · 2 fair · 3 to check

ReturnsBehind
−12.3% over a year, better than 2 of 7 peers.
Price tagPricier
P/E 54.2 vs industry 30.0.
GrowthSteady
Sales +3.6%, profit +62.9% a year over 3 years.
ProfitabilityStrong
ROCE 44.0% vs peer median 22.1%.
Balance sheetFair
Debt 0.61× equity, interest covered 5.7×, Piotroski 7 of 9.
Red flags1 to check
P/E of 54.2 against an industry P/E of 30.0.

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

Electrical Equipment & Parts

96 listed peers. Screen the industry

Small cap

₹1,463 Cr, #46 of 97 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹349 Cr · profit ₹27 Cr

Market cap: ₹1,463 Cr; Small cap
P/E: 54.2; Industry 30.0
Price to book: 10.10; Peers 7.24
Dividend yield: 0.00%
ROE: 33.2%; Peers 18.0%
ROCE: 44.0%; Peers 22.1%
Debt to equity: 0.61; Debt ₹64 Cr
EPS (TTM): ₹4.35; Face value ₹10
OPM (TTM): 13.7%; Net margin 7.7%
Sales growth: n/a; Year-ago quarter not reported
Profit growth: n/a; Year-ago quarter not reported
Price to sales: 4.19; EV/EBITDA 37.1

Strengths

Return on equity of 33.2%.
Return on capital employed of 44.0%.

Risks to check

P/E of 54.2 against an industry P/E of 30.0.

Derived automatically from reported figures. Not a recommendation.

About BLS Polymers

BLS Polymers Limited manufactures polymer compounds for the wire and cable and industrial pipeline coating industries. The company operates through two segments: Polymer and Trading. The company manufactures polyethylene compounds, including high-density polyethylene, medium-density polyethylene, low-density polyethylene, and linear low-density polyethylene variants, used for insulation, jacketing, and sheathing of power, telecom, and optical fiber…

Headquarters: New Delhi
Employees: 122
Sector: Industrials
ISIN: INE0ZCQ01019
Website: blspolymers.com

Price range

52 weeks

₹225.00₹288.00

Today

₹233.56₹255.00

Avg volume (3M): 3.9 Cr
1-year return: minus 12.3%
From 52-week high: minus 18.1%

Peers · Electrical Equipment & Parts

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
POWERINDIAHitachi Energy India	27,800.00	minus 1.42%	1,23,911	107.7	95.3	24.9%	16.1%	0.02	22.2%	plus 37.9%
CGPOWERCG Power and Industrial Solutions	773.00	minus 4.43%	1,21,785	88.6	72.5	19.3%	13.1%	0.02	21.2%	plus 8.2%
POLYCABPolycab India	7,871.00	plus 0.28%	1,18,613	37.5	29.0	30.4%	13.6%	0.02	26.6%	plus 3.8%
HAVELLSHavells India	1,128.00	plus 5.61%	70,789	42.6	30.0	22.1%	9.1%	0.02	9.9%	minus 28.1%
APARINDSApar Industries	14,106.00	minus 9.65%	59,065	41.6	30.7	26.7%	9.5%	0.12	17.0%	plus 87.2%
KEIKEI Industries	3,988.00	minus 1.80%	38,143	36.1	29.9	18.7%	11.0%	0.04	19.1%	plus 1.8%
HONAUTHoneywell Automation India	30,080.00	minus 0.79%	26,613	47.0	35.7	15.7%	13.8%	0.02	10.9%	minus 17.5%
BLSPOLYBLS Polymers	235.79	minus 5.76%	1,463	54.2	35.1	44.0%	13.7%	0.61	3.6%	minus 12.3%
Median of 7 peers	–	−1.42%	70,789	42.6	30.7	22.1%	13.1%	0.02	19.1%	3.8%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

₹ Cr	Jun 26
	107
	91.4
	15.6
	14.6%
	0.5
	1.8
	0.8
	0.1
	13.7
	25.2%
	10.2
	1.65

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +3.6%
Profit CAGR 3Y: +62.9%
EPS CAGR 3Y: +62.9%
ROE: 33.2%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
315	296	328	349
–	minus 5.8%	+10.8%	+6.4%
297	277	292	306
17.9	19.5	35.9	43.1
5.7%	6.6%	10.9%	12.3%
0.3	1.7	3.1	3.4
6.7	8.6	8.3	7.7
2.4	2.7	3.1	2.9
−0.3	−0.1	0.7	0.1
8.8	9.7	28.3	36
28.6%	22.4%	25.2%	24.9%
6.2	7.5	21.1	27
–	+20.4%	+181.0%	+27.8%
1.01	1.21	3.41	4.35

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
9.6	9.6	9.6	45
29.7	37.2	58.3	49.9
90.4	95.8	75.3	53.1
31.6	25.9	35.9	58.1
161	168	179	206
18.8	21.2	21.1	28.3
–	–	1.2	5.8
0.3	0	0	0.7
142	147	157	171
161	168	179	206

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
−8.9	2.6	25.1	38.1
−4.2	−0.7	0.6	−6.4
12.3	−2.2	−25.7	−31
−0.8	−0.3	−0	0.7
−4	−2.9	−2.7	−6.5
−13	−0.2	22.4	31.6

Shareholding pattern

Source: NSE filings

NSE hasn’t returned a shareholding pattern for this company.

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you