Jindal Poly Films Ltd Falls to 52-Week Low of Rs.359.9 Amid Continued Weak Performance

Stock Performance and Market Context

On 22 Jan 2026, Jindal Poly Films Ltd (Stock ID: 864806) recorded its lowest price in the past year at Rs.359.9, following a prolonged period of decline. The stock outperformed its sector by 2.8% today, reaching an intraday high of Rs.383.15, a 4.67% gain from the day’s open. However, this uptick came after 10 consecutive days of losses, indicating a tentative pause rather than a sustained reversal.

The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, signalling a bearish trend across all timeframes. This technical positioning underscores the prevailing weakness in the share price despite the broader market’s mixed performance.

Meanwhile, the Sensex opened higher at 82,459.66 points, gaining 550.03 points (0.67%) but later eased to 82,169.57, still up 0.32%. The benchmark index remains 4.86% shy of its 52-week high of 86,159.02. Notably, the Sensex has declined by 4.19% over the past three weeks, with mid-cap stocks leading gains today, as the BSE Mid Cap index rose by 0.94%.

Financial Performance and Ratings

Jindal Poly Films Ltd’s financial metrics continue to reflect subdued growth and profitability concerns. The company’s Mojo Score stands at 15.0, with a Strong Sell grade assigned on 18 Nov 2025, upgraded from a Sell rating. The Market Cap Grade is 3, indicating a mid-tier market capitalisation relative to peers.

Over the last year, the stock has delivered a negative return of -53.53%, significantly underperforming the Sensex’s 7.40% gain during the same period. The 52-week high for the stock was Rs.908.1, highlighting the steep decline in valuation.

Operating profit has contracted sharply, with a five-year annualised decline of -150.30%. Net sales for the nine months ending September 2025 fell by 20.34% to Rs.2,743.68 crores, while net profit after tax (PAT) registered a loss of Rs.-44.57 crores, also down by 20.34%. Interest expenses have increased by 50.42% to Rs.238.10 crores over the same period, adding pressure on the company’s bottom line.

Risk Profile and Valuation Considerations

The company’s risk profile remains elevated due to negative operating profits and declining sales. Over the past year, profits have fallen by 124.9%, reflecting significant margin pressures. Despite the company’s sizeable operations, domestic mutual funds hold no stake in Jindal Poly Films Ltd, which may indicate limited institutional confidence at current valuations.

Valuation metrics suggest the stock is trading at levels considered risky relative to its historical averages. The persistent decline in earnings and sales has contributed to the stock’s underperformance not only over the last year but also across three years and the past three months, lagging behind the broader BSE500 index.

Nevertheless, the company maintains a relatively low Debt to EBITDA ratio of 0.77 times, indicating a strong ability to service its debt obligations despite the challenging financial environment.

Summary of Recent Trends

Jindal Poly Films Ltd’s share price decline to Rs.359.9 represents a continuation of a downward trajectory that has persisted for over a year. The stock’s 52-week low contrasts sharply with its peak of Rs.908.1, underscoring the scale of the correction. The company’s financial results have been under pressure, with two consecutive quarters of negative earnings and a significant drop in net sales.

While the broader market has experienced volatility, with the Sensex falling over the past three weeks, Jindal Poly Films Ltd’s underperformance has been more pronounced. The stock’s technical indicators remain weak, and the company’s financial metrics point to ongoing challenges in revenue generation and profitability.

Despite these headwinds, the company’s manageable debt levels provide some cushion in terms of financial stability. However, the overall picture remains one of subdued performance and cautious market sentiment.

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