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On 6 Nov 2026, Polychem was priced at ₹1,726.80, or 5.2× trailing earnings, against an industry P/E of 22.1×, and the shares are 28% below their 52-week high. Sales fell 4.8% a year over 3 years while net profit grew 31%; its ROCE of 46% is the highest among the 7 largest Specialty Chemicals peers, though net profit is above operating profit, which points to a one-off gain. It carries very little debt, and its dividend yield is 1.2%. It is a small-cap company with a market cap of ₹70 Cr, ranked 158th of 204 Specialty Chemicals companies by market cap; the shares fell 22% 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
₹1,726.05
Day high
₹1,734.65
Day low
₹1,726.00
Prev. close
₹1,755.00
Volume
96

Health check

1 good · 2 fair · 2 to check
  • ReturnsBehind

    −22.0% over a year, better than 0 of 7 peers.

  • Price tagDistorted

    A one-off gain inflates profit, so P/E isn’t comparable right now.

  • GrowthSteady

    Sales −4.8%, profit +31.2% a year over 3 years.

  • ProfitabilityStrong

    ROCE 46.3% vs peer median 24.4%.

  • Balance sheetFair

    Practically debt-free, Piotroski 5 of 9.

  • Red flags3 to check

    Quarterly profit down 88.9% on a year ago.

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

Specialty Chemicals

203 listed peers. Screen the industry

Small cap

₹70 Cr, #158 of 204 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹48 Cr · profit ₹14 Cr
Market cap
₹70 Cr
Small cap
P/E
5.2
Industry 22.1
Price to book
1.15
Peers 13.33
Dividend yield
1.16%
ROE
39.4%
Peers 23.0%
ROCE
46.3%
Peers 24.4%
Debt to equity
0.01
Debt ₹0.60 Cr
EPS (TTM)
₹329.25
OPM (TTM)
4.8%
Net margin 29.2%
Sales growth
−5.6%
Latest quarter vs a year ago
Profit growth
−88.9%
Latest quarter vs a year ago
Price to sales
1.46
EV/EBITDA 93.6

Strengths and risks

Strengths

  • Return on equity of 39.4%.
  • Return on capital employed of 46.3%.
  • Practically debt-free.

Risks to check

  • Quarterly profit down 88.9% on a year ago.
  • Quarterly sales down 5.6% on a year ago.
  • Net profit is above operating profit, so a one-off gain is likely flattering earnings.

Derived automatically from reported figures. Not a recommendation.

About Polychem

Polychem Limited, together with its subsidiary, manufactures and sells polymers and co-polymers in India, the United Kingdom, the United States, the Netherlands, Germany, Japan, and Hungary. The company operates through three segments: Specialty Chemicals; Property Development; and Manufacturing and Trading in Capacitors. It offers styrene, divinyl benzene, acrylic acid, and acrylates, as well as cross linked polystyrene, low molecular weight polystyrene,…

Headquarters
Mumbai
Employees
23
Sector
Basic Materials
ISIN
INE752B01024
Website
polychemltd.com

Price range

52 weeks

₹1,683.05₹2,395.00

Today

₹1,726.00₹1,734.65
Avg volume (3M)
98
1-year return
minus 22.0%
From 52-week high
minus 27.9%

Peers · Specialty Chemicals

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
ASIANPAINTAsian Paints2,546.00plus 0.88%2,44,02550.535.024.4%18.9%0.211.1%plus 1.5%
SOLARINDSSolar Industries India18,608.00plus 0.48%1,68,38474.464.129.5%27.8%0.2212.4%plus 35.9%
PIDILITINDPidilite Industries1,579.00plus 1.63%1,60,82760.044.428.5%23.5%0.037.4%plus 6.8%
LINDEINDIALinde India6,859.00plus 8.73%58,496118.464.216.3%31.5%0.23–plus 5.4%
BERGEPAINTBerger Paints India478.35minus 5.28%55,77645.429.420.6%15.3%0.154.2%minus 6.0%
FLUOROCHEMGujarat Fluorochemicals4,665.50minus 0.94%51,25175.944.09.6%24.1%0.26−4.5%plus 28.0%
ACUTAASAcutaas Chemicals3,786.60plus 0.42%31,00170.964.127.7%39.4%0.0129.4%plus 105.6%
POLYCHEMPolychem1,726.80minus 1.61%705.217.846.3%4.8%0.01−4.8%minus 22.0%
Median of 7 peers–0.48%58,49670.944.424.4%24.1%0.215.8%6.8%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
12.79.98.611.612
10.498.510.612.1
2.40.90.21−0
18.5%8.7%2.3%8.8%−0.3%
2.5028.20.40.1
00000
0.20.20.20.30.2
0.80.40.80.21.2
5.51.128.91.31
11.2%16.5%12.0%209.7%31.1%
3.40.713.7−1.40.4
83.9817.73338.04-35.889.36

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
−4.8%
Profit CAGR 3Y
+31.2%
EPS CAGR 3Y
+31.2%
ROE
39.4%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
49.752.640.842.8
–+5.9%minus 22.4%+4.9%
44.444.437.539
5.38.33.43.9
10.6%15.7%8.2%9.0%
0.90.80.70.9
0.20.10.10.1
0.8110.9
5.31.71.833
10.59.64.836.8
8.4%14.2%19.8%18.9%
7.27.22.816.3
–minus 0.3%minus 60.7%+476.4%
178.89178.2770.06403.87

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
0.40.40.40.4
34.540.84459.5
0.11.61.41.2
8.68.48.622.1
43.651.254.483.2
3.43.93.46
19.12428.658.4
1.53.52.21.9
19.619.720.217
43.651.254.483.2

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
5.36.42.1−0.9
−3.8−3.1−0.50.3
−0.4−1.1−1.5−1.2
12.2−0−1.7
−1.8−0.5−0.5−4.1
3.55.91.6−4.9
−0.1−0.8−1.2−0.8

Shareholding pattern

This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders. Institutions hold about 2.8% (Yahoo estimate).

Major shareholders

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you