SHAKTI POLYTARP (BSE: SHAKTIPOLY) had a P/E of 8.3× on 6 Nov 2026, below the industry P/E of 22.1×, and the shares are 20% below their 52-week high. Its ROCE of 29% is the second-highest among the 7 largest Specialty Chemicals peers, and sales and net profit grew 67% and 162% a year over 3 years. It is listed on an SME platform with a market cap of ₹84 Cr, ranked 153rd of 204 Specialty Chemicals companies by market cap; the shares fell 14% over the past year.
- ₹49.99
- ₹49.99
- ₹49.00
- ₹47.00
- 6K
Health check
- ReturnsBehind
−14.2% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 8.3 vs industry 22.1.
- GrowthStrong
Sales +67.1%, profit +161.6% a year over 3 years.
- ProfitabilityStrong
ROCE 28.5% vs peer median 24.4%.
- Balance sheetFair
Piotroski 6 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹84 Cr
- Small cap
- P/E
- 8.3
- Industry 22.1
- Price to book
- 2.21
- Peers 13.33
- Dividend yield
- 0.00%
- ROE
- 44.0%
- Peers 23.0%
- ROCE
- 28.5%
- Peers 24.4%
- Debt to equity
- n/a
- EPS (TTM)
- ₹5.87
- OPM (TTM)
- 8.1%
- Net margin 4.7%
- Sales growth
- n/a
- Year-ago quarter not reported
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 0.39
Strengths and risks
Strengths
- Return on equity of 44.0%.
- Return on capital employed of 28.5%.
- P/E of 8.3 against an industry P/E of 22.1.
About SHAKTI POLYTARP
Shakti Polytarp Limited engages in the manufacturing of tarpaulin and solutions customized to the bulk packaging requirements. The company offers a range of tarpaulin products, such as geotextile, lumber wrap, house wraps, pond liners, and green net. It also offers HDPE and PP tapes, reprocessed plastic granules, and warp knit fabric. Its products' applications include industrial operations, parking sheds, vehicle covers, playground sheet covers,…
- Headquarters
- Indore
- Employees
- 114
- Sector
- Basic Materials
- ISIN
- INE05UY01016
- Website
- shaktipolytarp.com
Price range
- Avg volume (3M)
- 1.2 L
- 1-year return
- minus 14.2%
- From 52-week high
- minus 20.2%
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% |
| SHAKTIPOLYSHAKTI POLYTARP | 49.00 | plus 4.26% | 84 | 8.3 | 8.0 | 28.5% | 8.1% | – | 67.1% | minus 14.2% |
| 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
- +67.1%
- Profit CAGR 3Y
- +161.6%
- ROE
- 44.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 46.2 | 62 | 166 | 216 | |
| – | +34.2% | +168.1% | +29.7% | |
| 43.1 | 58.2 | 156 | 196 | |
| 3.1 | 3.8 | 10.7 | 19.4 | |
| 6.7% | 6.2% | 6.4% | 9.0% | |
| −0.2 | −0.1 | −0.1 | 0.1 | |
| 1.3 | 1.7 | 2.6 | 4 | |
| 0.9 | 1 | 1.2 | 1.8 | |
| – | 0.1 | – | −0.2 | |
| 0.6 | 1.1 | 6.9 | 13.6 | |
| 9.6% | 14.6% | 28.0% | 26.0% | |
| 0.6 | 1 | 5 | 10.1 | |
| – | +74.9% | +406.1% | +102.5% | |
| 0.31 | 0.57 | 2.90 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 4.7 | 5.7 | 12.6 | 12.6 | |
| 2.6 | 5.1 | 5.2 | 15.3 | |
| 16.8 | 23.7 | 48 | 72.5 | |
| 9.6 | 5.8 | 5.6 | 9.8 | |
| 33.7 | 40.3 | 71.4 | 110 | |
| 12.9 | 15 | 20.6 | 53.2 | |
| – | 2.7 | 2 | 7.4 | |
| – | 2.2 | 5.7 | 8.4 | |
| 0.1 | 0.3 | 3.5 | 0.3 | |
| 20.7 | 20.1 | 39.5 | 40.9 | |
| 33.7 | 40.3 | 71.4 | 110 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −3.6 | −2.1 | −10.8 | 13.4 | |
| −0.1 | −5.2 | −9.4 | −36.9 | |
| 3.8 | 7.5 | 23.5 | 20.2 | |
| 0 | 0.2 | 3.3 | −3.3 | |
| −0.1 | −3 | −6.7 | −34.4 | |
| −3.7 | −5.1 | −17.5 | −21 |
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.