Dutron Polymers (BSE 517437)₹100.00+2.30%Plastic Products - Industrial
In the Mar 2026 quarter (standalone), Dutron Polymers reported sales of ₹23.03 Cr, down 2.5% from Mar 2025, and net profit of ₹0.50 Cr, up 35.1% year on year. For the year to Mar 2026, sales were ₹91.95 Cr and net profit ₹2.71 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 36.24 | 27.28 | 29.91 | 25.79 | 33.74 | 19.53 | 27.10 | 23.63 | 26.95 | 19.45 | 22.51 | 23.03 |
| Expenses | 33.86 | 26.22 | 28.68 | 25.03 | 31.31 | 18.65 | 26.00 | 23.03 | 25.49 | 18.63 | 21.08 | 22.06 |
| Operating Profit | 2.25 | 0.95 | 1.12 | 0.64 | 2.33 | 0.80 | 0.99 | 0.53 | 1.33 | 0.72 | 1.35 | 0.88 |
| OPM % | 6.2% | 3.5% | 3.8% | 2.5% | 7.0% | 4.2% | 3.7% | 2.3% | 5.0% | 3.8% | 6.1% | 3.9% |
| Other Income | 0.08 | 0.07 | 0.08 | 0.28 | 0.12 | 0.08 | 0.10 | 0.24 | 0.13 | 0.14 | 0.13 | 0.16 |
| Interest | 0.27 | 0.27 | 0.21 | 0.13 | 0.19 | 0.17 | 0.13 | 0.14 | 0.15 | 0.12 | 0.12 | 0.13 |
| Depreciation | 0.27 | 0.27 | 0.27 | 0.27 | 0.27 | 0.29 | 0.28 | 0.26 | 0.22 | 0.23 | 0.22 | 0.22 |
| Profit before tax | 1.82 | 0.51 | 0.75 | 0.53 | 2.02 | 0.45 | 0.71 | 0.40 | 1.12 | 0.54 | 1.17 | 0.72 |
| Tax % | 22.1% | 22.0% | 29.8% | 76.9% | 24.9% | 25.0% | 25.8% | 7.7% | 21.6% | 37.8% | 13.0% | 29.6% |
| Net Profit | 1.42 | 0.41 | 0.52 | 0.13 | 1.51 | 0.34 | 0.54 | 0.37 | 0.88 | 0.35 | 1.01 | 0.50 |
| EPS (Rs) | 2.34 | 0.66 | 0.84 | 0.21 | 2.51 | 0.56 | 0.87 | 0.61 | 1.46 | 0.56 | 1.66 | 0.81 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 105 | 87.33 | 96.95 | 106 | 89.19 | 94.39 | 125 | 132 | 119 | 104 | 91.95 | 91.94 |
| Expenses | 98.99 | 81.50 | 91.38 | 101 | 84.18 | 88.88 | 119 | 125 | 114 | 99.04 | 87.29 | 87.26 |
| Operating Profit | 5.38 | 5.54 | 5.23 | 4.88 | 4.65 | 5.10 | 5.46 | 5.85 | 5.02 | 4.67 | 4.32 | 4.28 |
| OPM % | 5.2% | 6.4% | 5.4% | 4.6% | 5.3% | 5.4% | 4.4% | 4.5% | 4.2% | 4.5% | 4.7% | 4.7% |
| Other Income | 0.14 | 0.14 | 0.16 | 0.60 | 0.61 | 0.43 | 0.41 | 0.13 | 0.53 | 0.58 | 0.59 | 0.56 |
| Interest | 1.35 | 1.42 | 1.67 | 1.65 | 1.52 | 1.46 | 1.07 | 1.27 | 0.88 | 0.60 | 0.50 | 0.52 |
| Depreciation | 1.43 | 1.53 | 0.95 | 1.04 | 1.13 | 1.11 | 1.17 | 1.16 | 1.10 | 1.13 | 0.92 | 0.89 |
| Profit before tax | 2.78 | 2.77 | 2.81 | 2.83 | 2.64 | 3.00 | 3.65 | 3.59 | 3.58 | 3.55 | 3.52 | 3.55 |
| Tax % | 29.3% | 33.4% | 35.0% | 25.6% | 25.2% | 23.8% | 20.3% | 27.9% | 31.7% | 23.2% | 22.8% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.34 | 0.27 | 0.00 | 0.04 | 0.00 | 0.00 | 0.04 | 0.00 | — |
| Net Profit | 1.97 | 1.84 | 1.83 | 2.11 | 1.98 | 2.29 | 2.91 | 2.59 | 2.46 | 2.73 | 2.71 | 2.74 |
| EPS (Rs) | 3.26 | 3.04 | 3.02 | 3.49 | 3.27 | 3.79 | 4.84 | 4.31 | 4.09 | 4.54 | 4.49 | 4.49 |
| Dividend payout % | 42.9% | 46.0% | 46.2% | 40.1% | 36.6% | 31.6% | 29.0% | 32.6% | 36.8% | 33.1% | 33.4% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.98 | 5.98 | 5.98 | 5.99 | 5.98 | 5.98 | 5.99 | 5.98 | 5.98 | 5.98 | 5.98 | 5.98 |
| Reserves | 8.54 | 9.50 | 10.24 | 11.05 | 10.96 | 13.22 | 14.96 | 17.01 | 18.83 | 20.40 | 23.10 | 24.91 |
| Borrowings | 13.54 | 15.08 | 15.62 | 22.59 | 16.55 | 14.47 | 13.21 | 13.32 | 9.62 | 6.23 | 4.69 | 3.58 |
| Other Liabilities | 5.77 | 4.65 | 6.16 | 8.02 | 5.08 | 4.57 | 4.54 | 5.96 | 5.20 | 3.67 | 6.83 | 7.18 |
| Total Liabilities | 33.83 | 35.21 | 38.00 | 47.65 | 38.57 | 38.24 | 38.70 | 42.27 | 39.63 | 36.28 | 40.60 | 41.65 |
| Fixed Assets | 6.72 | 8.54 | 8.83 | 8.14 | 8.76 | 9.00 | 8.68 | 8.20 | 7.71 | 7.12 | 7.01 | 6.69 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 1.75 | 2.06 | 2.32 | 2.48 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 27.11 | 26.67 | 27.42 | 37.45 | 27.49 | 26.76 | 30.02 | 34.07 | 31.92 | 29.16 | 33.59 | 34.96 |
| Inventories | 11.98 | 13.15 | 16.14 | 13.81 | 12.33 | 14.41 | 12.65 | 11.25 | 13.22 | 10.51 | 11.43 | 18.39 |
| Trade receivables | 13.82 | 12.20 | 9.56 | 22.60 | 13.52 | 10.23 | 11.73 | 18.34 | 11.27 | 11.94 | 11.54 | 8.45 |
| Cash & equivalents | 0.25 | 0.04 | 0.48 | 0.07 | 0.33 | 0.48 | 3.01 | 1.47 | 1.73 | 4.64 | 8.05 | 5.21 |
| Total Assets | 33.83 | 35.21 | 38.00 | 47.65 | 38.57 | 38.24 | 38.70 | 42.27 | 39.63 | 36.28 | 40.60 | 41.65 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −0.73 | 4.41 | 3.24 | −4.96 | 8.24 | 3.37 | 6.27 | 1.51 | 7.96 | 4.96 | 5.35 | −1.01 |
| Cash from investing activity | −0.27 | −3.20 | −1.82 | −0.27 | −1.22 | −1.17 | −0.72 | −0.54 | −0.49 | −0.26 | −0.65 | −0.16 |
| Cash from financing activity | 1.04 | −1.41 | −0.98 | 4.83 | −6.72 | −2.07 | −3.00 | −2.48 | −7.20 | −5.74 | −2.13 | −2.47 |
| Net cash flow | 0.04 | −0.22 | 0.44 | −0.42 | 0.29 | 0.13 | 2.55 | −1.54 | 0.26 | −1.07 | 2.57 | −3.64 |
| Capex | 1.15 | 3.20 | 1.82 | 0.27 | 1.66 | 1.35 | 0.81 | 0.73 | 0.67 | 0.51 | 1.02 | 0.63 |
| Free cash flow | −1.01 | 1.20 | 1.41 | −5.24 | 7.01 | 2.36 | 5.45 | 0.85 | 7.27 | 4.44 | 4.37 | −1.62 |
| CFO / OP % | 5.0% | 100.0% | 78.0% | −73.1% | 186.0% | 88.0% | 135.0% | 43.0% | 154.0% | 116.0% | 137.0% | −3.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 57 | 42 | 40 | 85 | 46 | 42 | 45 | 54 | 31 | 36 | 40 | 34 |
| Inventory days | 65 | 54 | 81 | 62 | 50 | 72 | 59 | 38 | 43 | 39 | 49 | 86 |
| Days payable | 17 | 11 | 14 | 16 | 0 | 7 | 5 | 10 | 8 | 0 | 14 | 18 |
| Cash conversion cycle | 106 | 86 | 108 | 132 | 98 | 108 | 100 | 83 | 68 | 76 | 77 | 103 |
| Working capital days | 62 | 48 | 59 | 108 | 75 | 92 | 82 | 72 | 59 | 63 | 65 | 86 |
| ROCE % | 10.2% | 14.0% | 13.3% | 12.5% | 11.0% | 11.3% | 13.0% | 13.2% | 13.7% | 13.2% | 12.3% | 11.7% |
For the Mar 2026 quarter, Dutron Polymers reported sales of ₹23.03 Cr, down 2.5% year on year and net profit of ₹0.50 Cr, up 35.1% year on year. The operating margin was 3.9%.
Dutron Polymers' sales for the year to Mar 2026 were ₹91.95 Cr; over the last twelve months they were ₹91.94 Cr.
Net profit for the year to Mar 2026 was ₹2.71 Cr, and ₹2.74 Cr over the last twelve months. Earnings per share over the same trailing period were ₹4.49.
Dutron Polymers reported borrowings of ₹3.58 Cr at Mar 2026, against cash and equivalents of ₹5.21 Cr.
Cash from operations was −₹1.01 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹1.62 Cr.