Polycon International quarterly results and financials

Polycon International (BSE 531397)₹35.70+5.25%(6 Nov 2026 close)Packaging

Key facts

In the Mar 2026 quarter (standalone), Polycon International reported sales of ₹4.58 Cr, down 6.3% from Mar 2025, and net profit of −₹0.91 Cr. For the year to Mar 2026, sales were ₹17.66 Cr and net profit −₹2.87 Cr.

Sales (Mar 2026): ₹4.58 Cr
Net profit (Mar 2026): −₹0.91 Cr
Sales (FY Mar 2026): ₹17.66 Cr
Net profit (FY Mar 2026): −₹2.87 Cr
EPS (Mar 2026): ₹−1.89
Borrowings (Mar 2026): ₹33.86 Cr

Company filings, standalone accounts; latest reported quarter Mar 2026

Polycon International quarterly results

₹ crore unless stated; each column is a quarter.

Polycon International Quarterly results
	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	6.08	5.32	6.07	5.58	5.85	5.91	5.44	4.89	4.37	3.87	4.85	4.58
Expenses	5.79	4.51	5.37	4.26	5.34	5.07	5.99	4.34	3.77	4.02	4.72	4.95
Operating Profit	0.28	0.80	0.69	1.31	0.50	0.84	−0.54	0.54	0.59	−0.14	0.12	−0.35
OPM %	4.8%	15.3%	11.6%	23.8%	8.8%	14.4%	−10.1%	11.3%	13.8%	−3.9%	2.7%	−7.9%
Other Income	0.00	0.00	0.00	0.03	0.02	0.03	2.32	0.05	0.00	0.00	0.02	0.24
Interest	0.52	0.52	0.51	0.55	0.55	0.56	0.55	0.55	0.53	0.54	0.54	0.54
Depreciation	0.26	0.26	0.27	0.29	0.33	0.35	0.35	0.36	0.37	0.37	0.37	0.36
Profit before tax	−0.46	0.04	−0.05	0.51	−0.33	−0.01	0.87	−0.29	−0.27	−1.03	−0.74	−1.00
Tax %	0.0%	40.0%	0.0%	−5.8%	0.0%	−100.0%	9.0%	10.0%	−10.8%	−2.9%	−8.0%	−8.9%
Exceptional items	0.00	0.00	0.00	0.00	0.00	0.00	2.01	0.00	0.00	0.00	0.00	0.00
Net Profit	−0.48	0.03	−0.06	0.55	−0.32	0.00	0.81	−0.32	−0.25	−1.03	−0.68	−0.91
EPS (Rs)	−0.97	0.09	−0.15	1.15	−0.68	0.00	1.64	−0.68	−0.54	−2.09	−1.42	−1.89

Polycon International profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Polycon International Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	36.81	39.57	35.63	37.58	30.06	27.63	30.57	26.26	23.03	22.07	17.66	17.67
Expenses	33.67	36.58	33.44	34.46	28.01	24.59	27.34	23.21	19.95	20.76	17.48	17.46
Operating Profit	3.19	3.08	2.22	3.14	2.08	3.06	3.29	3.05	3.12	1.35	0.20	0.22
OPM %	8.7%	7.9%	6.3%	8.4%	7.0%	11.2%	10.8%	11.7%	13.7%	6.2%	1.2%	1.3%
Other Income	0.09	0.05	0.56	0.06	−1.70	0.05	0.09	0.04	0.04	2.39	0.25	0.26
Interest	1.92	1.82	1.41	2.01	2.18	2.21	2.22	1.87	2.08	2.18	2.11	2.15
Depreciation	0.99	0.99	1.02	1.01	1.06	1.21	1.27	1.09	1.05	1.36	1.44	1.47
Profit before tax	0.38	0.33	0.36	0.19	−2.81	−0.28	−0.08	0.14	0.04	0.21	−3.07	−3.04
Tax %	30.8%	29.4%	18.9%	25.0%	2.1%	3.4%	22.2%	53.3%	−20.1%	40.9%	−6.8%	—
Exceptional items	0.02	0.02	0.29	0.02	−1.75	0.00	0.00	0.00	0.00	2.28	0.00	0.00
Net Profit	0.26	0.23	0.29	0.14	−2.89	−0.29	−0.09	0.07	0.05	0.13	−2.87	−2.87
EPS (Rs)	0.56	0.50	0.62	0.32	−5.90	−0.62	−0.21	0.13	0.13	0.30	−5.90	−5.94
Dividend payout %	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	—

Polycon International balance sheet

₹ crore, at each year end.

Polycon International Balance sheet
	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	5.46	5.46	5.46	5.46	5.46	5.46	5.46	5.46	5.46	5.46	5.46	5.46
Reserves	1.32	1.59	1.79	2.10	2.25	−0.63	−1.62	−1.72	−1.66	−1.60	−1.45	−4.33
Borrowings	20.38	20.26	21.54	21.61	22.74	21.94	24.53	27.43	29.36	32.78	33.99	33.86
Other Liabilities	2.90	2.68	2.86	3.41	4.32	4.59	4.66	5.89	4.33	5.47	5.58	7.76
Total Liabilities	30.06	29.99	31.65	32.58	34.77	31.36	33.03	37.06	37.49	42.11	43.58	42.75
Fixed Assets	10.81	10.65	11.40	11.87	11.49	10.32	9.70	9.84	8.77	8.91	9.03	7.64
CWIP	0.42	0.69	0.22	0.22	2.37	0.00	0.00	0.00	1.13	1.25	1.33	2.39
Investments	0.07	0.03	0.02	0.03	0.03	0.02	0.03	0.04	0.04	0.04	0.04	0.04
Other Assets	18.76	18.62	20.01	20.46	20.88	21.02	23.30	27.18	27.55	31.91	33.18	32.68
Inventories	3.56	4.08	4.51	4.68	6.43	7.28	9.14	13.14	15.24	19.00	21.57	21.21
Trade receivables	11.09	9.60	10.80	12.05	11.00	10.47	10.78	10.93	8.74	8.76	8.40	8.06
Cash & equivalents	0.17	0.56	1.03	0.15	0.36	0.37	0.15	0.18	0.26	0.20	0.11	0.15
Total Assets	30.06	29.99	31.65	32.58	34.77	31.36	33.03	37.06	37.49	42.11	43.58	42.75

Polycon International cash flow

₹ crore, for each year.

Polycon International Cash flow
	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	7.89	1.24	2.65	1.80	4.34	0.76	−0.06	2.25	0.00	−0.60	−0.33	2.67
Cash from investing activity	−0.72	−0.94	−1.31	−0.75	−2.75	0.70	−0.53	−1.37	−1.21	−1.33	−1.39	−1.09
Cash from financing activity	−7.55	0.06	−0.89	−1.92	−1.37	−1.45	0.36	−0.86	1.30	1.87	1.60	−1.53
Net cash flow	−0.42	0.38	0.45	−0.89	0.20	0.00	−0.23	0.02	0.09	−0.06	−0.12	0.05
Capex	1.04	1.15	1.79	1.47	2.79	0.60	0.63	1.40	0.03	1.20	1.57	0.05
Free cash flow	6.96	0.18	1.38	0.36	1.58	1.48	−0.66	0.88	−1.16	−1.92	−1.86	1.59
CFO / OP %	217.0%	43.0%	90.0%	86.0%	142.0%	39.0%	−2.0%	68.0%	0.0%	−19.0%	−24.0%	1,276.0%

Polycon International ratios

Working-capital days and returns, by year.

Polycon International Ratios
	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	106	96	100	124	108	128	143	131	122	139	140	168
Inventory days	58	75	68	86	114	167	250	302	394	614	652	790
Days payable	13	22	16	26	21	58	57	81	62	96	95	120
Cash conversion cycle	149	147	151	182	198	236	334	350	453	655	695	836
Working capital days	10	28	30	44	30	51	87	93	152	232	310	342
ROCE %	9.1%	8.3%	7.6%	4.8%	7.3%	3.9%	6.9%	7.1%	6.2%	6.0%	0.1%	−2.7%

Polycon International: frequently asked questions

What are the latest quarterly results of Polycon International?

For the Mar 2026 quarter, Polycon International reported sales of ₹4.58 Cr, down 6.3% year on year and net profit of −₹0.91 Cr. The operating margin was −7.9%.

What is the annual revenue of Polycon International?

Polycon International's sales for the year to Mar 2026 were ₹17.66 Cr; over the last twelve months they were ₹17.67 Cr.

What is the net profit of Polycon International?

Net profit for the year to Mar 2026 was −₹2.87 Cr, and −₹2.87 Cr over the last twelve months. Earnings per share over the same trailing period were ₹−5.94.

How much debt does Polycon International have?

Polycon International reported borrowings of ₹33.86 Cr at Mar 2026, against cash and equivalents of ₹0.15 Cr.

What is the free cash flow of Polycon International?

Cash from operations was ₹2.67 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹1.59 Cr.

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