Polyplex Corporation Limited (POLYPLEX) AI Stock Analysis

• Market Cap: ₹29.66B
• Dividend Yield: 0.78%
• Average Volume (3M): 2.90K
• Price to Earnings (P/E): 21.7
• Beta (1Y): 1.12
• Revenue Growth: 5.98%
• EPS Growth: -52.53%
• Country: IN
• Employees: 534
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Chemicals - Specialty
• EPS (TTM): 7.87
• Shares Outstanding: 31,392,462
• 10 Day Avg. Volume: 2,964
• 30 Day Avg. Volume: 2,896
• PEG Ratio: 0.04
• Price to Book (P/B): 0.99
• Price to Sales (P/S): 0.54
• P/FCF Ratio: -45.29
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 54 Neutral
• Price Target: ₹881.00 ▲(6.65% Upside)

The overall stock score for Polyplex Corporation Limited is primarily influenced by its financial performance and technical analysis. The company has a strong balance sheet but faces challenges in profitability and cash flow. Technical indicators suggest bearish momentum, and the valuation indicates potential overvaluation. These factors contribute to a cautious outlook on the stock.

Positive Factors

Strong Balance Sheet

A strong balance sheet with a moderate debt-to-equity ratio provides financial stability and flexibility, supporting long-term growth and resilience against economic fluctuations.

Revenue Growth

Revenue growth of 7.87% indicates expanding market reach and demand for products, supporting long-term business sustainability and competitive positioning.

EPS Growth

A significant EPS growth of 44.36% reflects improved profitability and operational efficiency, enhancing shareholder value and financial health over the long term.

Negative Factors

Profitability Challenges

Decreasing net profit margins suggest challenges in maintaining profitability, which could impact long-term financial performance and require strategic cost management.

Cash Flow Concerns

Negative free cash flow indicates potential issues in cash generation and capital allocation, which may affect the company's ability to invest in growth and manage liabilities.

Declining Margins

Declining EBIT and EBITDA margins highlight operational inefficiencies, which could hinder profitability and competitiveness if not addressed through cost management and process improvements.

Polyplex Corporation Limited Business Overview & Revenue Model

Company Description

Polyplex Corporation Limited (POLYPLEX) is a leading global manufacturer of polyester films and other polymer-based products. Established in 1988, the company operates in various sectors including packaging, labeling, electrical insulation, and automotive applications. POLYPLEX specializes in producing high-quality biaxially oriented polyester (BOPET) and polypropylene (BOPP) films, which are widely used in packaging, graphics, and industrial applications. The company has a diverse customer base that spans across multiple industries, ensuring a robust market presence.

How the Company Makes Money

Polyplex generates revenue primarily through the manufacturing and sale of its polyester films, which are sold to various sectors including packaging, electronics, and automotive industries. The company's revenue model is based on the volume of films produced and the pricing strategy for its products. Key revenue streams include direct sales to large corporations and distributors, as well as long-term supply contracts with major clients. Additionally, POLYPLEX benefits from economies of scale due to its large production capacity, which helps lower production costs and increase profit margins. Strategic partnerships and collaborations with industry players also contribute to its revenue, enhancing market reach and enabling innovative product development.

Polyplex Corporation Limited Financial Statement Overview

Summary

Polyplex Corporation Limited shows strength in its balance sheet with a strong equity position, but the income statement highlights challenges in maintaining profitability and growth. Cash flow issues, particularly in free cash flow, require attention to ensure sustainable financial health.

Income Statement

Polyplex Corporation Limited has shown fluctuating revenue growth over the years, with a noticeable dip in gross profit margin recently. The net profit margin has decreased significantly, indicating pressure on profitability. EBIT and EBITDA margins have also declined compared to previous years, suggesting a need to manage costs and improve operational efficiency.

Balance Sheet

The company maintains a moderate debt-to-equity ratio, indicating a balanced capital structure. Return on equity has been decreasing, which could be a concern for future profitability. The equity ratio is robust, showing strong asset backing by equity, providing financial stability.

Cash Flow

Operating cash flow has remained positive, but free cash flow has turned negative, raising concerns about cash generation and capital expenditures. The free cash flow to net income ratio is unfavorable, suggesting challenges in converting income into cash flow.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	69.38B	68.85B	62.94B	76.40B	66.07B	49.03B
Gross Profit	22.53B	11.85B	14.65B	20.86B	24.61B	20.29B
EBITDA	6.31B	7.91B	4.22B	10.42B	14.36B	12.76B
Net Income	1.36B	2.09B	378.32M	3.48B	5.69B	5.12B
Balance Sheet
Total Assets	0.00	79.98B	74.31B	73.97B	72.46B	61.77B
Cash, Cash Equivalents and Short-Term Investments	8.45B	8.45B	7.85B	10.98B	10.39B	10.15B
Total Debt	0.00	8.82B	7.48B	7.99B	9.46B	6.95B
Total Liabilities	-62.21B	17.77B	16.20B	16.27B	19.23B	13.68B
Stockholders Equity	62.21B	37.63B	35.11B	34.83B	33.16B	30.53B
Cash Flow
Free Cash Flow	0.00	-823.10M	-619.32M	5.29B	1.58B	5.73B
Operating Cash Flow	0.00	4.20B	4.55B	8.02B	5.60B	11.02B
Investing Cash Flow	0.00	-5.12B	-7.96B	-1.15B	10.61M	-4.36B
Financing Cash Flow	0.00	192.10M	-1.52B	-6.57B	-2.32B	-6.60B

Polyplex Corporation Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 826.10
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:POLYPLEX, the sentiment is Negative. The current price of 826.1 is below the 20-day moving average (MA) of 887.55, below the 50-day MA of 960.83, and below the 200-day MA of 1116.54, indicating a bearish trend. The MACD of -37.65 indicates Positive momentum. The RSI at 23.03 is Positive, neither overbought nor oversold. The STOCH value of 11.79 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:POLYPLEX.

Polyplex Corporation Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INDIGOPNTS	74 Outperform	₹47.52B	33.56	―	0.27%	0.14%	2.95%
MANINDS	74 Outperform	₹29.53B	15.86	―	―	10.26%	46.49%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
UFLEX	61 Neutral	₹36.02B	9.23	―	0.62%	7.44%	―
GUJALKALI	59 Neutral	₹41.42B	-120.51	―	2.99%	10.35%	―
POLYPLEX	54 Neutral	₹29.66B	21.75	―	0.78%	5.98%	-52.53%
JINDALPOLY	50 Neutral	₹24.49B	-112.39	―	1.13%	19.84%	-115.35%