Pankaj Polymers (BSE 531280)₹117.00+0.13%Packaging
In the Mar 2026 quarter (standalone), Pankaj Polymers reported sales of ₹0.58 Cr, down 33.3% from Mar 2025, and net profit of ₹0.11 Cr. For the year to Mar 2026, sales were ₹1.31 Cr and net profit ₹2.21 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 | 0.61 | 0.58 | 0.30 | 0.31 | 0.32 | 0.00 | 0.34 | 0.87 | 0.47 | 0.28 | 0.00 | 0.58 |
| Expenses | 0.79 | 0.71 | 0.41 | 0.48 | 0.48 | 0.18 | 0.48 | 1.00 | 0.73 | 0.43 | 0.16 | 0.87 |
| Operating Profit | −0.17 | −0.12 | −0.10 | −0.16 | −0.15 | −0.16 | −0.13 | −0.12 | −0.25 | −0.14 | −0.14 | −0.28 |
| OPM % | −30.0% | −22.8% | −37.9% | −56.6% | −51.6% | — | −42.4% | −15.1% | −56.5% | −55.6% | — | −50.9% |
| Other Income | 0.29 | 0.11 | 0.19 | 0.19 | 0.18 | 0.18 | 0.19 | 0.18 | 0.18 | 2.30 | 0.18 | 0.62 |
| Interest | 0.07 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 | 0.03 | 0.03 | 0.01 | 0.06 |
| Depreciation | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.02 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.02 | −0.11 | 0.00 | −0.07 | −0.07 | −0.08 | 0.00 | −0.02 | −0.12 | 2.13 | 0.03 | 0.28 |
| Tax % | 0.0% | 0.0% | — | −16.6% | 0.0% | 0.0% | — | 0.0% | 54.6% | −6.1% | 0.0% | 63.0% |
| Net Profit | 0.02 | −0.10 | 0.00 | −0.06 | −0.07 | −0.07 | 0.00 | −0.02 | −0.18 | 2.26 | 0.03 | 0.11 |
| EPS (Rs) | 0.03 | −0.17 | 0.00 | −0.10 | −0.12 | −0.12 | 0.00 | −0.03 | −0.32 | 4.10 | 0.05 | 0.19 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7.91 | 5.66 | 4.70 | 0.83 | 0.69 | 1.27 | 1.79 | 1.79 | 1.77 | 1.51 | 1.31 | 1.33 |
| Expenses | 7.77 | 6.41 | 4.79 | 1.89 | 1.34 | 1.73 | 2.56 | 2.40 | 2.34 | 2.11 | 2.15 | 2.19 |
| Operating Profit | 0.12 | −0.74 | −0.08 | −1.05 | −0.64 | −0.45 | −0.76 | −0.60 | −0.56 | −0.59 | −0.83 | −0.81 |
| OPM % | 1.7% | −13.3% | −1.9% | −129.3% | −95.6% | −36.5% | −43.2% | −34.3% | −32.4% | −40.0% | −64.6% | −60.9% |
| Other Income | 0.29 | 2.56 | 0.89 | 0.30 | 3.80 | 0.64 | 1.09 | 1.13 | 0.80 | 0.76 | 3.30 | 3.28 |
| Interest | 0.94 | 0.39 | 0.29 | 0.12 | 0.03 | 0.03 | 0.18 | 0.35 | 0.26 | 0.20 | 0.16 | 0.13 |
| Depreciation | 0.43 | 0.46 | 0.42 | 0.31 | 0.31 | 0.14 | 0.15 | 0.12 | 0.12 | 0.10 | 0.00 | 0.00 |
| Profit before tax | −0.95 | 0.98 | 0.11 | −1.19 | 2.83 | 0.03 | 0.00 | 0.07 | −0.15 | −0.14 | 2.31 | 2.32 |
| Tax % | 8.6% | 3.1% | 20.1% | −16.0% | −4.6% | 150.1% | — | 0.0% | −7.1% | 0.0% | 4.4% | — |
| Exceptional items | 0.00 | 1.99 | 0.00 | 0.00 | 2.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | −1.04 | 0.96 | 0.09 | −1.01 | 2.96 | −0.02 | −0.03 | 0.06 | −0.14 | −0.14 | 2.21 | 2.22 |
| EPS (Rs) | −1.88 | 1.74 | 0.16 | −1.83 | 5.37 | −0.03 | −0.05 | 0.10 | −0.25 | −0.25 | 4.01 | 4.02 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.52 | 5.52 | 5.52 | 5.52 | 5.52 | 5.52 | 5.52 | 5.52 | 5.52 | 5.52 | 5.52 | 5.52 |
| Reserves | 3.60 | 2.57 | 3.45 | 3.57 | 2.54 | 5.62 | 5.73 | 5.59 | 5.64 | 5.50 | 5.37 | 7.48 |
| Borrowings | 9.09 | 3.36 | 2.50 | 2.24 | 0.15 | 0.50 | 0.36 | 3.34 | 2.77 | 2.44 | 1.86 | 0.00 |
| Other Liabilities | 4.17 | 1.09 | 0.75 | 0.74 | 0.33 | 0.56 | 0.24 | 0.32 | 0.14 | 0.65 | 1.30 | 1.09 |
| Total Liabilities | 22.38 | 12.54 | 12.22 | 12.07 | 8.54 | 12.20 | 11.85 | 14.77 | 14.07 | 14.11 | 14.05 | 14.09 |
| Fixed Assets | 5.30 | 5.04 | 4.21 | 3.84 | 2.28 | 1.53 | 1.21 | 1.09 | 0.95 | 1.58 | 1.49 | 0.74 |
| CWIP | 0.81 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.71 | 0.29 | 0.84 | 1.03 | 2.20 | 2.94 | 2.51 | 2.31 | 2.31 | 2.31 | 2.31 | 0.00 |
| Other Assets | 15.56 | 7.21 | 7.17 | 7.20 | 4.06 | 7.73 | 8.13 | 11.37 | 10.81 | 10.22 | 10.25 | 13.35 |
| Inventories | 1.86 | 1.40 | 0.97 | 0.79 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Trade receivables | 8.59 | 3.02 | 1.83 | 1.06 | 0.50 | 0.00 | 0.10 | 0.17 | 0.10 | 0.00 | 0.00 | 0.00 |
| Cash & equivalents | 2.74 | 0.25 | 0.04 | 0.03 | 0.07 | 0.21 | 0.08 | 0.08 | 0.06 | 0.05 | 0.10 | 0.15 |
| Total Assets | 22.38 | 12.54 | 12.22 | 12.07 | 8.54 | 12.20 | 11.85 | 14.77 | 14.07 | 14.11 | 14.05 | 14.09 |
| 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 | 2.39 | 2.82 | −1.30 | −0.26 | 1.80 | −3.78 | −1.39 | −0.70 | −0.60 | −0.19 | 0.07 | −0.35 |
| Cash from investing activity | −1.04 | 1.39 | 2.36 | 0.68 | 0.22 | 3.63 | 1.38 | 0.98 | 0.95 | 0.09 | 0.78 | 6.29 |
| Cash from financing activity | 0.96 | −6.72 | −1.29 | −0.46 | −1.97 | 0.28 | −0.15 | −0.31 | −0.40 | 0.10 | −0.80 | −5.91 |
| Net cash flow | 2.31 | −2.50 | −0.19 | −0.02 | 0.05 | 0.12 | −0.14 | 0.02 | −0.03 | −0.03 | 0.04 | 0.06 |
| Capex | 1.05 | 0.07 | 0.91 | 0.29 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Free cash flow | 1.32 | 3.49 | 0.97 | 0.25 | 2.88 | 1.10 | −1.17 | −0.67 | −0.55 | −0.15 | 0.05 | 2.59 |
| CFO / OP % | −1,575.0% | 2,191.9% | 164.9% | 232.9% | −175.1% | 570.9% | 209.0% | 74.9% | 97.0% | 34.9% | −8.1% | 36.0% |
| 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 | 92 | 140 | 119 | 83 | 227 | 5 | 32 | 37 | 23 | 0 | 0 | 0 |
| Inventory days | 24 | 96 | 94 | 99 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days payable | 42 | 30 | 21 | 33 | — | — | — | — | — | — | — | — |
| Cash conversion cycle | 74 | 206 | 193 | 149 | 228 | 6 | 33 | 38 | 24 | 0 | 0 | 0 |
| Working capital days | 3 | 151 | 273 | 342 | 1,571 | 3,661 | 2,236 | 2,137 | 334 | 297 | −54 | −65 |
| ROCE % | 6.7% | −1.4% | −8.9% | −1.2% | −9.1% | −6.2% | −0.4% | −1.1% | 3.0% | 1.0% | 0.6% | 19.1% |
For the Mar 2026 quarter, Pankaj Polymers reported sales of ₹0.58 Cr, down 33.3% year on year and net profit of ₹0.11 Cr. The operating margin was −50.9%.
Pankaj Polymers' sales for the year to Mar 2026 were ₹1.31 Cr; over the last twelve months they were ₹1.33 Cr.
Net profit for the year to Mar 2026 was ₹2.21 Cr, and ₹2.22 Cr over the last twelve months. Earnings per share over the same trailing period were ₹4.02.
Pankaj Polymers reported borrowings of ₹0 Cr at Mar 2026, against cash and equivalents of ₹0.15 Cr.
Cash from operations was −₹0.35 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹2.59 Cr.