Pearl Polymers Ltd
NSE: PEARLPOLY · Plastic Products - Consumer · sector
₹15.31NSE close 2026-10-26
Key numbers
Market cap₹26 cr
Price₹15.31
52w high / low₹30 / ₹13
P/E–Sector median 22.9x
P/B0.9xSector median 2.0x
Book value₹17.2
Dividend yield–Sector median 0.29%
ROE-17.1%Sector median 8.1%
ROCE-18.7%Sector median 10.8%
OPM-36.6%Sector median 8.9%
Debt / equity0.00xSector median 0.20x
EV/EBITDA–Sector median 16.9x
Interest cover-106.9x
Current ratio4.75x
Sales growth 3y+4.8%Sector median +5.8%
Profit growth 3y–Sector median +12.1%
PEG–
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 11 companies in Plastic Products - Consumer (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹23 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest -106.9x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 2 of the last 5 years (FY26, FY24).
- Net loss in 5 of the last 8 quarters.
- Revenue was higher than a year earlier in 1 of the last 4 quarters.
- No dividend in the last 5 financial years.
- Price ₹15.31 on 2026-10-26: -48.3% from the 52-week high, +20.1% 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 ₹42.27 · low ₹13.83
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5 | 5 | 6 | 5 | 4 | 5 | 6 | 5 |
| EBITDA | -2 | -2 | -3 | -1 | -1 | -1 | -3 | -1 |
| OPM % | -30.4% | -32.6% | -47.4% | -29.1% | -32.4% | -31.1% | -53.1% | -27.2% |
| Other income | 2 | -0 | -2 | 4 | -0 | -0 | -1 | 4 |
| Net profit | 0 | -2 | -4 | 3 | -2 | -2 | -4 | 2 |
| EPS (₹) | 0.14 | -1.32 | -2.63 | 1.72 | -1.15 | -0.98 | -2.43 | 1.40 |
| Revenue YoY | -8.7% | -14.4% | -10.3% | +2.4% | ||||
| Profit YoY | -943.5% | – | – | -18.7% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 14 | 17 | 16 | 22 | 20 | 20 |
| EBITDA | -62 | -10 | -7 | -8 | -7 | -7 |
| Net profit | 22 | -8 | 1 | -5 | -5 | -5 |
| EPS (₹) | 12.98 | -4.86 | 0.39 | -3.04 | -2.83 | -3.16 |
| Revenue growth | +22.4% | -4.2% | +34.0% | -10.3% | -8.1% | |
| Profit growth | -137.4% | – | -887.7% | – | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +4.8% | -29.3% | -8.1% |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | -32.5% (2y) | -43.7% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 38 | 39 | 33 | 29 |
| Borrowings | – | 0 | 0 | 0 | 0 |
| Cash & equivalents | – | 32 | 32 | 28 | 23 |
| Total assets | – | 45 | 45 | 41 | 36 |
| Fixed assets | – | 5 | 5 | 4 | 4 |
| Capital work in progress | – | 0 | 0 | 0 | 0 |
| Investments | – | 1 | 1 | 1 | 1 |
| Receivables | – | 2 | 2 | 2 | 2 |
| Inventory | – | 2 | 2 | 2 | 1 |
| Payables | – | 4 | 4 | 4 | 4 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 29 | -5 | -7 | -5 | -5 |
| Cash from investing | 5 | -1 | 8 | 3 | 5 |
| Cash from financing | -28 | -0 | -0 | -0 | -0 |
| Capex | 1 | 1 | 1 | 0 | 0 |
| Free cash flow | 27 | -5 | -8 | -5 | -5 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | -21.5% | 1.7% | -15.3% | -16.5% |
| ROCE % | – | -20.8% | 1.0% | -15.6% | -16.9% |
| Debtor days | – | 44 | 39 | 29 | 36 |
| Inventory days | – | 52 | 77 | 48 | 42 |
| Payable days | – | 121 | 155 | 129 | 138 |
| Cash conversion cycle (days) | – | -25 | -39 | -52 | -60 |
| Working capital days | – | 707 | 746 | 469 | 419 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 55.58% |
| FIIs | 0.05% |
| DIIs | 0.03% |
| of which Mutual funds | 0.03% |
| Public (non-institutions) | 44.34% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 55.58% | 55.58% | 55.58% | 55.58% | 55.58% | 55.58% | 55.58% | 55.58% |
| Promoter group | % |
|---|---|
| Pearl Telefonics Private Limited | 13.83% |
| Theta Investments PVT. Ltd. | 12.26% |
| Chand Seth | 7.36% |
| Pacific Pearl Finance and Leasing Private Limited | 7.34% |
| Varun Seth | 4.50% |
| Amit Seth | 4.29% |
| Udit Seth | 3.86% |
| Suneeta Seth | 1.22% |
| Pearl Flats (India) Limited | 0.91% |
| Nidhi Choudhari | 0.00% |
| Public holders above 1% | % |
|---|---|
| Mira Steel LLP | 2.23% |
16,594 shareholders. Pledged: 0.00% of promoter shares.
Peers in Plastic Products - Consumer
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| SHAILY | ₹13,731 cr | 77.6x | 19.2x | 28.0% | 27.9% | 28.7% | +17.7% | 0.06% |
| SAFARI | ₹6,017 cr | 36.4x | 5.4x | 15.9% | 19.8% | 12.7% | +19.1% | 0.29% |
| VIPIND | ₹3,710 cr | – | 12.8x | -83.6% | -43.7% | -10.7% | -3.7% | 0.01% |
| NILKAMAL | ₹2,444 cr | 19.6x | 1.6x | 8.1% | 10.8% | 8.9% | +6.5% | 1.22% |
| BAIKAKAJI | ₹605 cr | 18.0x | 3.9x | 17.5% | 28.4% | 14.3% | – | – |
| PILITA | ₹165 cr | 78.1x | 2.0x | 2.8% | 4.6% | 6.2% | +8.3% | – |
| PRIMAPLA | ₹124 cr | 6.3x | 0.7x | 9.4% | 13.2% | 17.8% | +4.8% | 8.68% |
| AVROIND | ₹75 cr | 17.8x | 0.8x | 4.9% | 6.7% | 2.2% | +5.8% | – |
| TOKYOPLAST | ₹69 cr | 197.0x | 1.1x | 0.6% | 3.2% | 8.1% | +1.6% | – |
| PEARLPOLY | ₹26 cr | – | 0.9x | -17.1% | -18.7% | -36.6% | +4.8% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-17 | Other | Annual General Meeting |
| 2023-09-21 | Other | Annual General Meeting |
| 2022-09-22 | Other | Annual General Meeting |
| 2021-09-22 | Other | Annual General Meeting |
| 2020-12-22 | Other | Annual General Meeting |
| 2019-09-19 | Other | Annual General Meeting |
| 2018-09-19 | Other | Annual General Meeting |
| 2017-09-21 | Other | Annual General Meeting |
| 2016-09-22 | Other | Annual General Meeting |
| 2015-09-23 | Other | Annual General Meeting |
| 2014-09-19 | Other | Annual General Meeting |
| 2013-09-16 | Other | Annual General Meeting |
| 2012-09-14 | Other | Annual General Meeting |
| 2011-09-14 | Other | Annual General Meeting |
| 2010-09-17 | Other | Annual General Meeting |
| 2009-09-14 | Other | Annual General Meeting |
| 2008-09-09 | Other | Annual General Meeting Bc Start Date Revised |
| 2007-09-04 | Other | Agm |
| 2006-09-08 | Other | Agm |
| 2005-07-18 | Other | Agm |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Plastic Products - Consumer |
| Sub-industry | Plastic Products - Consumer |
| Symbol | PEARLPOLY |
| BSE code | 523260 |
| ISIN | INE844A01013 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
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.