Tijaria Polypipes Ltd
NSE: TIJARIA · Plastic Products - Industrial · sector
₹5.10NSE close 2026-10-26
Key numbers
Market cap₹15 cr
Price₹5.10
52w high / low₹10 / ₹4
P/E–Sector median 15.7x
P/B–Sector median 1.6x
Book value₹-11.8
Dividend yield–Sector median 0.53%
ROE–Sector median 9.1%
ROCE-1.9%Sector median 11.5%
OPM–Sector median 10.0%
Debt / equity–Sector median 0.16x
EV/EBITDA–Sector median 10.0x
Interest cover-1.2x
Current ratio1.42x
Sales growth 3y–Sector median +6.0%
Profit growth 3y–Sector median +18.9%
PEG–
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 ₹2 cr vs borrowings ₹73 cr (FY26): borrowings are higher by ₹71 cr.
- Operating profit covered interest -1.2x in the last 12 months.
- No promoter shares are pledged.
- Promoter holding rose by 0.88 percentage points in a year, to 36.14% (2026-09-30).
- Operating cash flow was below net profit in 0 of the last 5 years.
- Net loss in 8 of the last 8 quarters.
- No dividend in the last 5 financial years.
- Price ₹5.10 on 2026-10-26: -48.0% from the 52-week high, +43.7% 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 ₹13.96 · low ₹3.99
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBITDA | -0 | -0 | -3 | -0 | -0 | -0 | -0 | -0 |
| OPM % | – | – | – | – | – | – | – | – |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | -1 | -1 | -3 | -0 | -0 | -0 | -0 | -0 |
| EPS (₹) | -0.33 | -0.26 | -1.10 | 0.18 | -0.28 | -0.11 | -0.10 | -0.13 |
| Revenue YoY | – | – | – | – | ||||
| Profit YoY | – | – | – | – |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 55 | 14 | 0 | 0 | 0 | 0 |
| EBITDA | -9 | -4 | -0 | -3 | -0 | -0 |
| Net profit | -22 | -9 | -3 | -5 | -1 | -1 |
| EPS (₹) | -7.58 | -3.30 | -1.02 | -1.90 | -0.45 | -0.62 |
| Revenue growth | -74.8% | -98.9% | -100.0% | – | – | |
| Profit growth | – | – | – | – | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | -30.0% (2y) | -16.8% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | -24 | -27 | -32 | -34 |
| Borrowings | – | 76 | 72 | 77 | 73 |
| Cash & equivalents | – | 2 | 2 | 2 | 2 |
| Total assets | – | 62 | 55 | 54 | 49 |
| Fixed assets | – | 25 | 23 | 17 | 16 |
| Capital work in progress | – | 0 | 0 | – | – |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 25 | 25 | 25 | 25 |
| Inventory | – | 0 | 0 | 0 | 0 |
| Payables | – | 7 | 7 | 0 | 0 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 2 | -5 | 4 | -5 | 5 |
| Cash from investing | 1 | 0 | 0 | 0 | 0 |
| Cash from financing | -5 | 5 | -4 | 5 | -5 |
| Capex | 0 | 0 | 0 | 0 | 0 |
| Free cash flow | 2 | -5 | 4 | -5 | 5 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 39.1% | 10.8% | 16.7% | 3.8% |
| ROCE % | – | -14.3% | -6.4% | -12.1% | -2.0% |
| Debtor days | – | 660 | 61,396 | – | – |
| Inventory days | – | 12 | 1,026 | – | – |
| Payable days | – | 168 | 17,302 | – | – |
| Cash conversion cycle (days) | – | 504 | 45,120 | – | – |
| Working capital days | – | 371 | 34,244 | – | – |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 36.14% |
| DIIs | 0.00% |
| Public (non-institutions) | 63.86% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 35.16% | 35.26% | 35.26% | 35.26% | 35.26% | 36.07% | 36.14% | 36.14% |
| Promoter group | % |
|---|---|
| Tijaria Industries Ltd. | 24.47% |
| Vardhaman Jain Tijaria | 4.33% |
| Ramesh Jain Tijariya | 3.49% |
| Arihant Tijaria | 1.89% |
| Vratika Jain Tijaria | 1.75% |
| Tijaria Vinyl PVT. Ltd. | 0.12% |
| Vineet Jain Tijaria | 0.03% |
| Vikas Jain Tijaria | 0.03% |
| Alok Jain Tijaria | 0.03% |
| Praveen Jain Tijaria | 0.01% |
| ANU Jain Tijaria | 0.00% |
| Reema Jain | 0.00% |
| Sonal Jain Tijaria | 0.00% |
| Public holders above 1% | % |
|---|---|
| Sumitra Devi Gupta | 2.30% |
| Vikash Kumar Agrawal | 2.05% |
| Gopani Kiritkumar Amrutlal | 1.30% |
| Buddhi Prakash Sharma | 1.29% |
| Ankita Gupta | 1.13% |
12,327 shareholders. Pledged: 0.00% of promoter shares.
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% |
| TIJARIA | ₹15 cr | – | – | – | -1.9% | – | – | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Pipe | ₹0 cr | – | ₹-0 cr | – |
| Textile | ₹0 cr | – | ₹-0 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-19 | Other | Annual General Meeting |
| 2024-02-07 | Other | Extra Ordinary General Meeting |
| 2023-09-20 | Other | Annual General Meeting |
| 2023-01-02 | Other | Extra Ordinary General Meeting |
| 2022-09-21 | Other | Annual General Meeting |
| 2022-03-25 | Other | Extra Ordinary General Meeting |
| 2021-09-21 | Other | Annual General Meeting |
| 2020-09-04 | Other | Annual General Meeting |
| 2019-09-17 | Other | Annual General Meeting |
| 2018-09-18 | Other | Annual General Meeting |
| 2018-02-15 | Other | Extra-Oirdinary General Meeting |
| 2017-09-21 | Other | Annual General Meeting |
| 2016-09-21 | Other | Annual General Meeting |
| 2015-08-20 | Other | Annual General Meeting |
| 2014-09-24 | Other | Annual General Meeting |
| 2013-09-20 | Other | Annual General Meeting |
| 2012-09-12 | Other | Annual General Meeting |
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 | Industrials |
| Industry | Plastic Products - Industrial |
| Sub-industry | Plastic Products - Industrial |
| Symbol | TIJARIA |
| BSE code | 533629 |
| ISIN | INE440L01017 |
| 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.