On 6 Nov 2026, Pankaj Polymers was priced at ₹116.85, or 23.0× trailing earnings, against an industry P/E of 18.1×, and the shares are 35% below their 52-week high. Its ROCE of 19% is the second-highest among the 7 largest Packaging & Containers peers, and sales fell 10% a year over 3 years, though net profit is above operating profit, which points to a one-off gain. It is a small-cap company with a market cap of ₹65 Cr, ranked 51st of 83 Packaging & Containers companies by market cap; the shares rose 523% over the past year.
- ₹114.50
- ₹117.60
- ₹110.50
- ₹112.05
- 1.2K
Health check
- ReturnsAhead
+522.5% over a year, better than 7 of 7 peers.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- GrowthSteady
Sales −10.0%, profit +257.6% a year over 3 years.
- ProfitabilityAverage
ROCE 18.9% vs peer median 16.7%.
- Balance sheetStretched
Piotroski 3 of 9.
- Red flags3 to check
Net profit is above operating profit, so a one-off gain is likely flattering earnings.
Small cap
Moves with the market
Key metrics
- Market cap
- ₹65 Cr
- Small cap
- P/E
- 23.0
- Industry 18.1
- Price to book
- 5.16
- Peers 2.06
- Dividend yield
- 0.00%
- ROE
- 18.3%
- Peers 14.4%
- ROCE
- 18.9%
- Peers 16.7%
- Debt to equity
- n/a
- Debt ₹0.00 Cr
- EPS (TTM)
- ₹5.08
- OPM (TTM)
- −26.7%
- Net margin 156.8%
- Sales growth
- +109.5%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 35.96
- EV/EBITDA −76.1
Strengths and risks
Strengths
- Return on equity of 18.3%.
- Quarterly sales up 109.5% on a year ago.
Risks to check
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- 35% below its 52-week high.
- Interest coverage of only −4.8×.
About Pankaj Polymers
Pankaj Polymers Limited engages in the manufacture and sale of polymer products in India. It offers P.P. woven sacks; P.P. disposable wares; and injection and blow moulded products of PP/PBT/PET. The company's PP bags are used as packing material in cement, sugar, and fertilizer industries, as well as packing rice bags. Its PP disposable ware products are used as ice-cream cups, glasses, and containers with a lid of various shapes and colours; and…
- Headquarters
- Secunderabad
- Employees
- 2
- Sector
- Consumer Cyclical
- ISIN
- INE698B01011
- Website
- pankajpolymers.com
Price range
- Avg volume (3M)
- 12.6K
- 1-year return
- plus 522.5%
- From 52-week high
- minus 34.7%
Peers · Packaging & Containers
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TIMETECHNOTime Technoplast | 170.65 | minus 1.98% | 8,424 | 16.6 | 2.06 | 15.3% | 13.4% | 10.3% | 12.5% | 28.9% | 0.86% | minus 17.5% |
| EPLEPL | 221.31 | minus 3.61% | 7,101 | 18.1 | 2.26 | 16.7% | 14.9% | 19.8% | 8.5% | 19.7% | 2.18% | plus 13.4% |
| AGIAGI Greenpac | 645.55 | minus 3.31% | 4,177 | 11.8 | 1.65 | 18.2% | 14.9% | 22.0% | 5.5% | 10.4% | 1.05% | minus 18.3% |
| UFLEXUFLEX | 575.30 | minus 2.13% | 4,154 | 6.1 | 0.51 | 7.5% | 4.1% | 14.0% | 1.4% | −12.9% | 0.51% | plus 9.1% |
| TCPLPACKTCPL Packaging | 4,431.10 | minus 2.80% | 4,024 | 34.9 | 5.61 | 18.3% | 14.4% | 12.8% | 7.3% | −4.2% | 0.55% | plus 37.9% |
| JINDALPOLYJindal Poly Films | 697.50 | minus 0.11% | 3,054 | – | 1.00 | −18.2% | −29.9% | −36.5% | −15.6% | – | 0.00% | plus 25.0% |
| KNACKKnack Packaging | 199.71 | plus 1.42% | 2,444 | 21.6 | 3.34 | 38.3% | 35.5% | 17.8% | 16.6% | 67.1% | 0.00% | plus 7.6% |
| PANKAJPOPankaj Polymers | 116.85 | plus 4.28% | 65 | 23.0 | 5.16 | 18.9% | 18.3% | −26.7% | −10.0% | 257.6% | 0.00% | plus 522.5% |
| Median of 7 peers | – | −2.13% | 4,154 | 17.3 | 2.06 | 16.7% | 14.4% | 14.0% | 7.3% | 15.0% | 0.55% | 9.1% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 0.5 | 0.3 | – | 0.6 | 1 | |
| 0.7 | 0.4 | – | 0.9 | 1.2 | |
| −0.3 | −0.1 | −0.1 | −0.3 | −0.3 | |
| −56.8% | −53.3% | – | −51.4% | −26.7% | |
| 0.2 | 2.3 | 0.2 | 0.6 | 0.9 | |
| 0 | 0 | 0 | 0.1 | – | |
| 0 | 0 | 0 | – | – | |
| −0.1 | 2.1 | 0 | 0.3 | 0.6 | |
| −52.2% | −6.1% | – | 63.3% | 26.0% | |
| −0.2 | 2.3 | 0 | 0.1 | 0.5 | |
| -0.31 | 4.06 | 0.04 | 0.17 | 0.81 |
Profit & loss
- Sales CAGR 3Y
- −10.0%
- Profit CAGR 3Y
- +257.6%
- EPS CAGR 3Y
- +252.9%
- ROE
- 18.3%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1.8 | 1.8 | 1.5 | 1.3 | |
| – | minus 1.1% | minus 15.0% | minus 13.4% | |
| 2.4 | 2.3 | 2.1 | 2.1 | |
| −0.6 | −0.6 | −0.6 | −0.8 | |
| −34.5% | −32.5% | −40.5% | −63.6% | |
| 1.1 | 0.8 | 0.8 | 0.7 | |
| 0.3 | 0.2 | 0.2 | 0.2 | |
| 0.1 | 0.1 | 0.1 | 0 | |
| −0 | 0 | – | 2.6 | |
| 0.1 | −0.1 | −0.1 | 2.3 | |
| 9.4% | 10.1% | 4.4% | 4.3% | |
| 0 | −0.1 | −0.1 | 2.2 | |
| 0.09 | -0.23 | -0.23 | 3.96 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 5.5 | 5.5 | 5.5 | 5.5 | |
| 5.6 | 5.5 | 5.4 | 7.5 | |
| 2.8 | 2.5 | 1.9 | – | |
| 0.1 | 0.6 | 1.3 | 1.1 | |
| 14.1 | 14.1 | 14.1 | 14.1 | |
| 1 | 0.8 | 0.7 | – | |
| 2.3 | 2.3 | 2.3 | – | |
| 0.1 | 0.1 | 0.1 | 0.2 | |
| 10.8 | 10.9 | 10.9 | 14 | |
| 14.1 | 14.1 | 14.1 | 14.1 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −0.6 | −0.2 | 0.1 | −0.3 | |
| 1 | 0.1 | 0.8 | 6.3 | |
| −0.4 | 0.1 | −0.8 | −5.9 | |
| −0 | −0 | 0.1 | 0.1 | |
| −0.6 | −0.2 | 0.1 | −0.3 |
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.