Nahar Poly Films Limited
NSE: NAHARPOLY · Packaging · sector
₹209.11NSE close 2026-10-26
Key numbers
Market cap₹514 cr
Price₹209.11
52w high / low₹326 / ₹200
P/E7.1xSector median 16.2x
P/B0.6xSector median 1.4x
Book value₹352.5
Dividend yield0.47%Sector median 0.58%
ROE8.7%Sector median 9.8%
ROCE9.2%Sector median 11.6%
OPM14.2%Sector median 9.2%
Debt / equity0.09xSector median 0.39x
EV/EBITDA6.2xSector median 7.7x
Interest cover12.1x
Current ratio2.04x
Sales growth 3y-0.9%Sector median +4.7%
Profit growth 3y+22.2%Sector median +0.8%
PEG0.32x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 63 companies in Packaging (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹5 cr vs borrowings ₹79 cr (FY26): borrowings are higher by ₹74 cr.
- Borrowings fell in each of the last 3 years (₹163 cr → ₹79 cr).
- Operating profit covered interest 12.1x in the last 12 months.
- No promoter shares are pledged.
- Promoter holding rose by 0.65 percentage points in a year, to 72.93% (2026-09-30).
- Operating cash flow was below net profit in 2 of the last 5 years (FY26, FY22).
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 35% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹209.11 on 2026-10-26: -35.9% from the 52-week high, +4.6% 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 ₹374.65 · low ₹180.78
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 169 | 173 | 157 | 197 | 172 | 167 | 168 | 160 |
| EBITDA | 23 | 15 | 23 | 28 | 28 | 20 | 31 | 15 |
| OPM % | 13.5% | 8.7% | 15.0% | 14.1% | 16.1% | 12.2% | 18.6% | 9.5% |
| Other income | 6 | 4 | 7 | 3 | 6 | 12 | 4 | 5 |
| Net profit | 17 | 8 | 14 | 18 | 21 | 19 | 20 | 12 |
| EPS (₹) | 7.07 | 3.06 | 5.75 | 7.42 | 8.45 | 7.86 | 8.34 | 4.75 |
| Revenue YoY | +2.2% | -3.2% | +7.0% | -18.7% | ||||
| Profit YoY | +19.4% | +157.3% | +45.0% | -36.0% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 489 | 723 | 600 | 666 | 704 | 667 |
| EBITDA | 119 | 82 | 21 | 76 | 107 | 95 |
| Net profit | 98 | 43 | 6 | 47 | 79 | 72 |
| EPS (₹) | 39.74 | 17.57 | 2.31 | 19.27 | 32.06 | 29.40 |
| Revenue growth | +47.9% | -17.0% | +11.0% | +5.7% | -4.0% | |
| Profit growth | -55.8% | -86.9% | +734.2% | +66.4% | +26.2% | |
| Dividend / share (₹) | 1.50 | 2.50 | 1.50 | 1.00 | 1.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -0.9% | +18.3% | -4.0% |
| Net profit | +22.2% | +4.7% | +26.2% |
| EPS | +22.2% | +4.7% | – |
| Share price | – | -5.6% (2y) | -28.6% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 779 | 799 | 802 | 867 |
| Borrowings | – | 163 | 126 | 96 | 79 |
| Cash & equivalents | – | 41 | 26 | 25 | 5 |
| Total assets | – | 979 | 959 | 948 | 1,000 |
| Fixed assets | – | 269 | 237 | 210 | 180 |
| Capital work in progress | – | 0 | 0 | – | 22 |
| Investments | – | 0 | 0 | 576 | 607 |
| Receivables | – | 26 | 25 | 32 | 24 |
| Inventory | – | 50 | 44 | 50 | 70 |
| Payables | – | 11 | 11 | 12 | 14 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -24 | 110 | 17 | 57 | 50 |
| Cash from investing | -92 | -37 | -11 | -3 | -25 |
| Cash from financing | 115 | -41 | -38 | -41 | -38 |
| Capex | 101 | 8 | 0 | 5 | 25 |
| Free cash flow | -125 | 102 | 16 | 51 | 26 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 5.5% | 0.7% | 5.9% | 9.1% |
| ROCE % | – | 5.8% | 0.0% | 6.9% | 10.4% |
| Debtor days | – | 13 | 15 | 17 | 12 |
| Inventory days | – | 34 | 35 | 39 | 55 |
| Payable days | – | 8 | 9 | 9 | 11 |
| Cash conversion cycle (days) | – | 39 | 41 | 47 | 56 |
| Working capital days | – | 39 | 39 | 54 | 34 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 72.93% |
| FIIs | 0.03% |
| DIIs | 0.01% |
| of which Mutual funds | 0.01% |
| of which Insurance | 0.00% |
| Government | 0.00% |
| Public (non-institutions) | 27.03% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 71.88% | 72.22% | 72.24% | 72.28% | 72.28% | 72.50% | 72.51% | 72.93% |
| Promoter group | % |
|---|---|
| Nahar Capital and Financial Services Ltd | 49.16% |
| Nahar Spinning Mills Limited | 19.09% |
| Sankheshwar Holding Co. Ltd. | 3.19% |
| Dinesh Oswal | 0.60% |
| Closettrunk Private Limited | 0.50% |
| Sambhav Oswal | 0.15% |
| Kamal Oswal | 0.13% |
| Jawahar LAL Oswal | 0.09% |
| Sanjana Oswal | 0.00% |
| Abhinav Oswal | 0.00% |
| Ritu Oswal | 0.00% |
| Rishabh Oswal | 0.00% |
| Tanvi Oswal | 0.00% |
| Manisha Oswal | 0.00% |
| Abhilash Growth Fund(p) Limited | 0.00% |
| Public holders above 1% | % |
|---|---|
| Investor Education and Protection Fund Authority Ministry of Corporate Affairs | 3.17% |
| Sangeetha S | 2.40% |
| Anil Kumar Goel | 1.18% |
19,003 shareholders. Pledged: 0.00% of promoter shares.
Peers in Packaging
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| EPL | ₹7,100 cr | 18.3x | 2.5x | 14.9% | 17.0% | 19.3% | +8.8% | 2.25% |
| AGI | ₹4,590 cr | 12.7x | 1.9x | 16.1% | 19.6% | 22.5% | +5.3% | 0.98% |
| UFLEX | ₹4,111 cr | 6.0x | 0.5x | 8.8% | 8.9% | 13.5% | +1.6% | 0.53% |
| TCPLPACK | ₹3,649 cr | 31.6x | 5.1x | 16.9% | 17.8% | 15.3% | +7.9% | 0.75% |
| JINDALPOLY | ₹2,976 cr | – | 1.0x | -27.6% | -17.5% | -78.1% | -14.4% | 0.87% |
| POLYPLEX | ₹2,943 cr | 18.9x | 0.7x | 3.9% | 6.9% | 7.8% | -2.5% | 1.55% |
| XPROINDIA | ₹2,278 cr | 69.0x | 3.0x | 4.8% | 5.2% | 9.3% | -0.4% | 0.20% |
| KNACK | ₹2,038 cr | – | – | – | – | – | – | – |
| MOLDTKPAC | ₹1,928 cr | 25.3x | 2.8x | 11.4% | 13.4% | 19.1% | +6.7% | 0.69% |
| NAHARPOLY | ₹514 cr | 7.1x | 0.6x | 8.7% | 9.2% | 14.2% | -0.9% | 0.47% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-04 | Dividend | Dividend - Rs 1.50 Per Share |
| 2025-09-04 | Dividend | Dividend - Re 1 Per Share |
| 2024-09-06 | Dividend | Dividend - Re 1 Per Share |
| 2023-09-08 | Dividend | Dividend - Rs 1.50 Per Share |
| 2022-08-11 | Dividend | Dividend - Rs 2.50 Per Share |
| 2021-09-16 | Dividend | Dividend - Rs 1.50 Per Share |
| 2020-09-17 | Dividend | Dividend - Re 1 Per Share |
| 2019-09-12 | Dividend | Dividend - Rs 0.50 Per Share |
| 2018-09-10 | Dividend | Dividend Re 0.50 Per Share |
| 2017-08-31 | Dividend | Dividend - Re 0.50 Per Share |
| 2016-09-08 | Dividend | Annual General Meeting/Dividend - Re 0.50 Per Share |
| 2015-09-10 | Other | Annual General Meeting |
| 2014-09-11 | Other | Annual General Meeting |
| 2013-09-19 | Other | Annual General Meeting |
| 2012-09-18 | Dividend | Dividend Rs.0.50 Per Share |
| 2011-09-08 | Dividend | Dividend-Re.0.35 Per Share |
| 2010-09-16 | Dividend | Dividend-Re.0.35 Per Share |
| 2009-09-18 | Dividend | Dividend-Re.0.35 Pr Share |
| 2008-09-18 | Dividend | Dividend - 10% |
| 2007-09-03 | Dividend | Dividend-15% |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Packaging Films: Manufacture of Flexible Packaging Films both transparent & Metalized (including Value added oriented films for packaging, labels, lamination and industrial applications)
| Sector | Industrials |
| Industry | Packaging |
| Sub-industry | Packaging |
| Symbol | NAHARPOLY |
| BSE code | 523391 |
| ISIN | INE308A01027 |
| Face value | ₹5.0 |
| Incorporated | 1988-11-11 |
| Website | www.owmnahar.com |
| Plants (India / abroad) | 2 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.