Axel Polymers Ltd.

BSE: AXELPOLY · Plastic Products - Industrial · sector

₹44.50BSE close 2026-10-26

Key numbers

Market cap₹394 cr

Price₹44.50

52w high / low₹60 / ₹37

P/E53.0xSector median 15.7x

P/B15.6xSector median 1.6x

Book value₹2.9

Dividend yield–Sector median 0.53%

ROE-6.2%Sector median 9.1%

ROCE3.4%Sector median 11.5%

OPM5.1%Sector median 10.0%

Debt / equity1.18xSector median 0.16x

EV/EBITDA168.8xSector median 10.0x

Interest cover0.6x

Current ratio1.46x

Sales growth 3y-19.5%Sector median +6.0%

Profit growth 3y–Sector median +18.9%

PEG12.78x

Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 51 companies in Plastic Products - Industrial (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹3 cr vs borrowings ₹30 cr (FY26): borrowings are higher by ₹27 cr.
Operating profit covered interest 0.6x in the last 12 months.
Net loss in 2 of the last 6 quarters.
No dividend in the last 5 financial years.
Price ₹44.50 on 2026-10-26: -25.2% from the 52-week high, +21.3% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹63.00 · low ₹29.64

Quarterly results

₹ cr	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	14	12	11	9	13	16
EBITDA	3	1	1	0	0	1
OPM %	23.0%	8.5%	8.7%	3.0%	1.8%	6.5%
Other income	0	0	0	0	0	0
Net profit	2	0	0	-1	-1	0
EPS (₹)	2.62	0.05	0.01	0.06	0.75	0.02
Revenue YoY					-8.4%	+38.5%
Profit YoY					-136.8%	+350.0%

Standalone figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	73	85	128	78	44	49
EBITDA	4	5	6	4	2	2
Net profit	1	1	2	0	-1	-1
EPS (₹)	1.08	1.08	1.83	0.20	1.22	0.84
Revenue growth		+16.8%	+50.2%	-39.0%	-43.1%	–
Profit growth		+28.3%	+32.2%	-89.1%	-764.7%	–
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	-19.5%	–	–
Net profit	–	–	–
EPS	+4.1%	–	–
Share price	–	-14.8% (2y)	-5.3%

Balance sheet

₹ cr	FY25	FY26
Shareholders' equity	15	25
Borrowings	34	30
Cash & equivalents	2	3
Total assets	67	70
Fixed assets	6	6
Capital work in progress	–	0
Investments	0	0
Receivables	11	9
Inventory	39	41
Payables	17	10

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY25	FY26
Cash from operations	-4	-3
Cash from investing	-1	-0
Cash from financing	6	4
Capex	1	1
Free cash flow	-5	-3

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY25	FY26
ROE %	1.1%	-4.5%
ROCE %	7.2%	3.3%
Debtor days	52	78
Inventory days	216	437
Payable days	91	102
Cash conversion cycle (days)	177	413
Working capital days	40	142

Peers in Plastic Products - Industrial

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
SUPREMEIND	₹41,291 cr	40.0x	6.7x	17.4%	19.6%	14.4%	+6.8%	1.07%
ASTRAL	₹36,288 cr	63.0x	8.9x	15.0%	20.0%	16.0%	+8.4%	0.28%
GRWRHITECH	₹16,208 cr	38.0x	5.6x	15.7%	19.8%	22.9%	+13.8%	0.17%
KINGFA	₹8,901 cr	39.4x	6.4x	21.2%	21.9%	14.2%	+12.4%	0.00%
FINPIPE	₹8,775 cr	14.2x	1.4x	10.0%	12.1%	17.5%	-2.2%	2.53%
TIMETECHNO	₹7,839 cr	15.4x	1.9x	14.0%	15.7%	14.3%	+12.5%	0.75%
PRINCEPIPE	₹2,805 cr	27.5x	1.7x	6.3%	8.1%	10.2%	-1.4%	0.20%
JISLJALEQS	₹1,701 cr	56.5x	0.3x	-0.9%	4.5%	11.2%	+3.6%	–
JAICORPLTD	₹1,545 cr	16.5x	1.0x	6.4%	8.2%	12.7%	-4.7%	6.25%
AXELPOLY	₹394 cr	53.0x	15.6x	-6.2%	3.4%	5.1%	-19.5%	–

All 51 companies in Plastic Products - Industrial →

Documents

Links go to the original files on the exchange website.

About the company


Sector	Industrials
Industry	Plastic Products - Industrial
Sub-industry	Plastic Products - Industrial
Symbol	AXELPOLY
BSE code	513642
ISIN	INE197C01012
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-24 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.