Polychem Ltd.
BSE: POLYCHEM · Commodity Chemicals · sector
₹1,819.85BSE close 2026-10-26
Key numbers
Market cap₹74 cr
Price₹1,819.85
52w high / low₹2,395 / ₹1,800
P/E4.5xSector median 15.2x
P/B1.2xSector median 1.3x
Book value₹1,482.1
Dividend yield1.10%Sector median 0.84%
ROE25.9%Sector median 7.2%
ROCE54.2%Sector median 9.4%
OPM3.9%Sector median 8.6%
Debt / equity0.00xSector median 0.25x
EV/EBITDA42.7xSector median 11.6x
Interest cover290.4x
Current ratio6.77x
Sales growth 3y+6.7%Sector median +1.0%
Profit growth 3y+63.7%Sector median -11.1%
PEG0.07x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 70 companies in Commodity Chemicals (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹3 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 290.4x in the last 12 months.
- Net loss in 1 of the last 6 quarters.
- Other income was 234% of net profit in the last 12 months.
- Dividend paid in 4 of the last 5 financial years.
- Price ₹1,819.85 on 2026-10-26: -24.0% from the 52-week high, +1.1% 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 ₹3,340.55 · low ₹1,806.25
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 11 | 13 | 10 | 9 | 12 | 12 |
| EBITDA | 1 | 2 | 1 | 0 | 1 | -0 |
| OPM % | 8.4% | 18.0% | 8.4% | 2.3% | 5.6% | -0.3% |
| Other income | 1 | 3 | 0 | 29 | 1 | 1 |
| Net profit | 1 | 3 | 1 | 14 | -1 | 0 |
| EPS (₹) | 22.16 | 83.98 | 17.73 | 338.04 | 35.88 | 9.36 |
| Revenue YoY | +9.5% | -7.2% | ||||
| Profit YoY | -261.1% | -88.8% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 20 | 35 | 37 | 42 | 43 | 43 |
| EBITDA | -0 | 5 | 7 | 4 | 3 | 2 |
| Net profit | 3 | 4 | 6 | 3 | 16 | 14 |
| EPS (₹) | 80.02 | 92.10 | 149.41 | 70.06 | 403.87 | 401.01 |
| Revenue growth | +72.4% | +4.7% | +13.0% | +2.9% | – | |
| Profit growth | +15.2% | +62.4% | -53.1% | +476.7% | – | |
| Dividend / share (₹) | – | 3.00 | 20.00 | 30.00 | 20.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +6.7% | – | – |
| Net profit | +63.7% | – | – |
| EPS | +63.7% | – | – |
| Share price | – | -20.8% (2y) | -16.3% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 44 | 60 |
| Borrowings | 0 | 0 |
| Cash & equivalents | 5 | 3 |
| Total assets | 54 | 83 |
| Fixed assets | 2 | 6 |
| Capital work in progress | 0 | 0 |
| Investments | 28 | 58 |
| Receivables | 7 | 7 |
| Inventory | 8 | 7 |
| Payables | 0 | 0 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | 2 | -1 |
| Cash from investing | -1 | 0 |
| Cash from financing | -2 | -1 |
| Capex | 0 | 4 |
| Free cash flow | 2 | -5 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 6.4% | 27.3% |
| ROCE % | 11.1% | 61.6% |
| Debtor days | 63 | 56 |
| Inventory days | 126 | 112 |
| Payable days | 8 | 2 |
| Cash conversion cycle (days) | 181 | 166 |
| Working capital days | 158 | 133 |
Peers in Commodity Chemicals
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| SRF | ₹69,362 cr | 30.4x | 4.5x | 16.0% | 15.2% | 21.4% | +373.5% | 0.38% |
| TATACHEM | ₹15,184 cr | – | 0.7x | -10.1% | -4.2% | -1.6% | -4.6% | 1.84% |
| DEEPAKFERT | ₹14,422 cr | 14.7x | 2.1x | 15.1% | 13.6% | 16.7% | +0.6% | 0.89% |
| GNFC | ₹7,634 cr | 7.4x | 0.8x | 11.7% | 15.2% | 14.8% | -8.7% | 3.41% |
| TANFACIND | ₹4,989 cr | 66.3x | 13.4x | 19.7% | 20.5% | 15.5% | +23.8% | – |
| GUJALKALI | ₹4,043 cr | 60.9x | 0.8x | 1.2% | 3.6% | 11.3% | -1.2% | 2.88% |
| GRAUWEIL | ₹3,537 cr | 22.1x | 3.3x | 15.9% | 19.6% | 15.3% | +6.8% | 0.64% |
| GHCL | ₹3,486 cr | 6.7x | 1.0x | 14.9% | 19.9% | 24.8% | -12.3% | 3.29% |
| JGCHEM | ₹2,190 cr | 29.1x | 4.1x | 15.1% | 19.8% | 8.9% | – | 0.18% |
| POLYCHEM | ₹74 cr | 4.5x | 1.2x | 25.9% | 54.2% | 3.9% | +6.7% | 1.10% |
Business segments (2026-06-30)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Specialty Chemicals | ₹6 cr | 48.5% | ₹0 cr | 8.4% |
| Manufacturing and trading in Capacitors | ₹6 cr | 41.2% | ₹1 cr | 19.3% |
| Unallocated | ₹1 cr | 10.3% | ₹0 cr | 0.0% |
| Property Development | ₹0 cr | – | ₹0 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-17 | Dividend | Final Dividend Rs 20.0 |
| 2025-07-01 | Dividend | Final Dividend Rs 20.0 |
| 2024-07-12 | Dividend | Final Dividend Rs 30.0 |
| 2023-07-14 | Dividend | Final Dividend Rs 20.0 |
| 2022-07-13 | Dividend | Final Dividend Rs 3.0 |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Commodities |
| Industry | Commodity Chemicals |
| Sub-industry | Commodity Chemicals |
| Symbol | POLYCHEM |
| BSE code | 506605 |
| ISIN | INE752B01024 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.