Vinayak Polycon International (BSE 534639)₹19.490.00%Packaging
In the Jun 2026 quarter (standalone), Vinayak Polycon International reported sales of ₹6.08 Cr, up 20.2% from Jun 2025, and net profit of ₹0.03 Cr, down 25.0% year on year. For the year to Mar 2026, sales were ₹19.85 Cr and net profit ₹0.04 Cr.
Company filings, standalone accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5.67 | 5.41 | 5.53 | 4.19 | 5.76 | 6.07 | 5.11 | 5.06 | 5.06 | 4.67 | 5.06 | 6.08 |
| Expenses | 5.29 | 5.07 | 5.04 | 3.89 | 5.42 | 5.74 | 4.80 | 4.83 | 4.78 | 4.47 | 4.86 | 5.84 |
| Operating Profit | 0.37 | 0.33 | 0.48 | 0.29 | 0.33 | 0.32 | 0.30 | 0.22 | 0.27 | 0.19 | 0.19 | 0.23 |
| OPM % | 6.7% | 6.3% | 8.8% | 7.1% | 5.9% | 5.4% | 6.0% | 4.5% | 5.5% | 4.3% | 3.9% | 3.9% |
| Other Income | 0.00 | 0.00 | 0.03 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 |
| Interest | 0.13 | 0.10 | 0.11 | 0.10 | 0.10 | 0.08 | 0.08 | 0.06 | 0.08 | 0.06 | 0.07 | 0.07 |
| Depreciation | 0.20 | 0.20 | 0.22 | 0.18 | 0.18 | 0.18 | 0.18 | 0.14 | 0.16 | 0.15 | 0.17 | 0.14 |
| Profit before tax | 0.08 | 0.07 | 0.21 | 0.05 | 0.09 | 0.10 | 0.10 | 0.06 | 0.07 | 0.02 | 0.02 | 0.06 |
| Tax % | 14.3% | −16.7% | 35.0% | 0.0% | 50.0% | 33.3% | 0.0% | 0.0% | 33.4% | −100.0% | 800.1% | 20.0% |
| Net Profit | 0.05 | 0.06 | 0.13 | 0.03 | 0.02 | 0.05 | 0.08 | 0.04 | 0.03 | 0.00 | −0.05 | 0.03 |
| EPS (Rs) | 0.20 | 0.24 | 0.46 | 0.14 | 0.11 | 0.20 | 0.30 | 0.17 | 0.14 | 0.04 | −0.20 | 0.14 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 15.23 | 20.59 | 18.87 | 23.22 | 15.53 | 11.52 | 15.25 | 21.75 | 21.47 | 21.13 | 19.85 | 20.87 |
| Expenses | 14.14 | 18.91 | 17.64 | 21.78 | 14.47 | 10.88 | 14.38 | 20.63 | 19.93 | 19.87 | 18.98 | 19.95 |
| Operating Profit | 1.10 | 1.70 | 1.26 | 1.46 | 1.08 | 0.64 | 0.87 | 1.15 | 1.56 | 1.27 | 0.90 | 0.88 |
| OPM % | 7.3% | 8.3% | 6.7% | 6.3% | 7.0% | 5.6% | 5.8% | 5.3% | 7.3% | 6.0% | 4.6% | 4.2% |
| Other Income | 0.02 | 0.00 | 0.03 | 0.36 | 0.01 | 0.02 | 0.03 | 0.07 | 0.03 | 0.02 | 0.02 | 0.02 |
| Interest | 0.28 | 0.47 | 0.39 | 0.38 | 0.37 | 0.23 | 0.26 | 0.40 | 0.44 | 0.33 | 0.24 | 0.28 |
| Depreciation | 0.68 | 1.07 | 0.87 | 0.92 | 0.73 | 0.70 | 0.63 | 0.67 | 0.80 | 0.70 | 0.59 | 0.62 |
| Profit before tax | 0.19 | 0.21 | 0.06 | 0.57 | 0.04 | −0.24 | 0.04 | 0.20 | 0.38 | 0.31 | 0.14 | 0.17 |
| Tax % | 27.8% | 50.0% | −120.0% | 25.0% | 66.7% | −13.1% | −33.3% | 36.9% | 21.7% | 23.4% | 61.6% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | 0.12 | 0.09 | 0.10 | 0.40 | 0.01 | −0.18 | 0.03 | 0.11 | 0.28 | 0.21 | 0.04 | 0.01 |
| EPS (Rs) | 0.43 | 0.33 | 0.37 | 1.34 | 0.07 | −0.63 | 0.14 | 0.40 | 0.95 | 0.72 | 0.17 | 0.12 |
| 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 | 3.09 | 3.07 | 3.08 | 3.07 | 3.07 | 3.07 | 3.08 | 3.07 | 3.07 | 3.08 | 3.09 | 3.07 |
| Reserves | 0.66 | 0.79 | 0.89 | 1.00 | 1.41 | 1.43 | 1.24 | 1.28 | 1.40 | 1.69 | 1.92 | 1.97 |
| Borrowings | 2.69 | 2.88 | 4.94 | 5.11 | 4.62 | 3.98 | 3.45 | 3.57 | 6.02 | 4.39 | 2.56 | 3.90 |
| Other Liabilities | 1.90 | 1.66 | 1.90 | 2.17 | 1.57 | 1.59 | 1.63 | 1.51 | 1.43 | 1.24 | 1.16 | 1.11 |
| Total Liabilities | 8.34 | 8.40 | 10.81 | 11.35 | 10.67 | 10.07 | 9.40 | 9.43 | 11.92 | 10.40 | 8.73 | 10.05 |
| Fixed Assets | 3.91 | 3.62 | 4.89 | 4.35 | 3.45 | 3.70 | 3.41 | 2.92 | 4.29 | 3.59 | 3.12 | 2.97 |
| 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 4.43 | 4.78 | 5.92 | 7.00 | 7.22 | 6.37 | 5.99 | 6.51 | 7.63 | 6.81 | 5.61 | 7.08 |
| Inventories | 1.02 | 0.90 | 0.66 | 1.02 | 0.81 | 1.87 | 1.78 | 1.91 | 1.51 | 2.24 | 2.23 | 2.81 |
| Trade receivables | 2.39 | 2.87 | 4.42 | 5.29 | 5.78 | 3.60 | 3.47 | 4.02 | 5.35 | 3.83 | 2.35 | 2.87 |
| Cash & equivalents | 0.04 | 0.09 | 0.03 | 0.07 | 0.04 | 0.04 | 0.07 | 0.02 | 0.02 | 0.07 | 0.04 | 0.42 |
| Total Assets | 8.34 | 8.40 | 10.81 | 11.35 | 10.67 | 10.07 | 9.40 | 9.43 | 11.92 | 10.40 | 8.73 | 10.05 |
| 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 | 1.92 | 0.56 | 1.14 | 0.56 | 0.82 | 1.98 | 1.14 | 0.23 | −0.10 | 2.17 | 2.32 | −0.33 |
| Cash from investing activity | 0.00 | −0.35 | −2.31 | −0.29 | 0.00 | −0.95 | −0.37 | −0.11 | −1.95 | −0.05 | −0.19 | −0.38 |
| Cash from financing activity | −1.90 | −0.13 | 1.12 | −0.19 | −0.85 | −0.99 | −0.74 | −0.13 | 2.05 | −2.05 | −2.14 | 1.08 |
| Net cash flow | 0.00 | 0.06 | −0.07 | 0.06 | −0.05 | 0.03 | 0.02 | −0.06 | 0.03 | 0.04 | −0.05 | 0.39 |
| Capex | 0.00 | 0.38 | 2.32 | 0.30 | 0.00 | 0.98 | 0.44 | 0.19 | 2.14 | 0.10 | 0.21 | 0.42 |
| Free cash flow | 1.91 | 0.19 | −1.21 | 0.25 | 0.81 | 1.01 | 0.75 | 0.10 | −2.07 | 2.08 | 2.10 | −0.74 |
| CFO / OP % | 150.0% | 58.0% | 68.1% | 46.1% | 61.0% | 193.0% | 174.0% | 25.0% | −7.0% | 139.0% | 188.0% | −35.0% |
| 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 | 51 | 69 | 79 | 102 | 91 | 85 | 110 | 96 | 90 | 65 | 41 | 53 |
| Inventory days | 34 | 37 | 18 | 31 | 19 | 75 | 105 | 75 | 38 | 60 | 62 | 86 |
| Days payable | 15 | 8 | 36 | 43 | 17 | 38 | 58 | 32 | 17 | 8 | 2 | 2 |
| Cash conversion cycle | 70 | 99 | 60 | 91 | 93 | 122 | 157 | 139 | 112 | 117 | 101 | 136 |
| Working capital days | 27 | 25 | 17 | 19 | 15 | 13 | 27 | 34 | 27 | 38 | 44 | 40 |
| ROCE % | 7.8% | 6.8% | 8.4% | 4.7% | 6.2% | 4.4% | −0.1% | 3.6% | 5.6% | 8.1% | 7.4% | 4.3% |
For the Jun 2026 quarter, Vinayak Polycon International reported sales of ₹6.08 Cr, up 20.2% year on year and net profit of ₹0.03 Cr, down 25.0% year on year. The operating margin was 3.9%.
Vinayak Polycon International's sales for the year to Mar 2026 were ₹19.85 Cr; over the last twelve months they were ₹20.87 Cr.
Net profit for the year to Mar 2026 was ₹0.04 Cr, and ₹0.01 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.12.
Vinayak Polycon International reported borrowings of ₹3.90 Cr at Mar 2026, against cash and equivalents of ₹0.42 Cr.
Cash from operations was −₹0.33 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹0.74 Cr.