Axel Polymers

What does Axel Polymers do?

Axel Polymers Ltd manufactures engineering and specialty polymer compounds and operates in the industrial plastics sector. As of March 2025, it reported net sales of 14 Cr and a net profit of 2 Cr, with a market cap of Rs 30 Cr.

Overview:<BR>Axel Polymers Ltd is engaged in the manufacturing of Compounds Blends & Alloys of Engineering & Specialty Polymers and trading of polymer compounds, operating within the Plastic Products - Industrial industry and categorized as a Micro Cap company.<BR><BR>History:<BR>Axel Polymers Limited was established in May 1992. The latest quarterly results reported are for March 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot:<BR>Net Sales: 14 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 2 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 30 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 30.00 <BR>Industry P/E: 41 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 2.11 <BR>Return on Equity: 0.86% <BR>Price to Book: 1.98 <BR><BR>Contact Details:<BR>Address: 309 Vill Mokshi, Sankarda Savli Rd Taluka Savli Vadodara Gujarat : 391780 <BR>Tel: 91-2667 244395 <BR>Fax: 91-2667 244395 <BR>Website: http://www.axelindia.com

Has Axel Polymers declared dividend?

No Dividend History Available

Who are the peers of the Axel Polymers?

Axel Polymers' peers include Supreme Inds., Astral, Finolex Inds., Garware Hi Tech, Shaily Engineer., and others. In terms of management risk, growth, and capital structure, they vary from excellent to below average, with Axel Polymers showing a 1-year return of -49.79%.

Peers: The peers of Axel Polymers are Supreme Inds., Astral, Finolex Inds., Garware Hi Tech, Shaily Engineer., Command Polymers, L.K.Mehta Poly., Tijaria Polypipe, Kunststoff Inds., and Ashish Polyplast.<BR><BR>Quality Snapshot: Excellent management risk is observed at Supreme Inds., while Good management risk is found at Astral, Finolex Inds., and Shaily Engineer., and Average management risk is noted for Garware Hi Tech, Axel Polymers, and Kunststoff Inds. Below Average management risk is present at Command Polymers and Ashish Polyplast. Growth is Average at Supreme Inds., Garware Hi Tech, Axel Polymers, and Kunststoff Inds., while Good growth is seen at Astral and Shaily Engineer., and Below Average growth is noted for Finolex Inds. and Command Polymers. Capital Structure is Excellent at Supreme Inds., Astral, Finolex Inds., and Garware Hi Tech, Good at Shaily Engineer. and Kunststoff Inds., while Axel Polymers and the rest have Below Average or do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Garware Hi Tech at 156.71%, while the lowest is Tijaria Polypipe at -74.61%. Axel Polymers has a 1-year return of -49.79%, which is significantly lower than Garware Hi Tech and higher than Tijaria Polypipe. Additionally, several peers, including Finolex Inds., Astral, and Command Polymers, have negative six-month returns.

What is the technical trend for Axel Polymers?

As of May 26, 2025, Axel Polymers shows a mildly bearish technical trend, with mixed signals from MACD and moving averages, despite some bullish indicators on the monthly RSI.

As of 26 May 2025, the technical trend for Axel Polymers has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, but the monthly MACD remains bearish, indicating mixed signals. The weekly RSI shows no signal, while the monthly RSI is bullish, suggesting some strength in the longer term. Bollinger Bands are mildly bearish on both weekly and monthly time frames, reinforcing the bearish sentiment. Daily moving averages are mildly bearish, and the KST is mildly bullish on the weekly but bearish on the monthly. Dow Theory indicates a mildly bearish stance on the weekly with no trend on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the mixed signals from MACD and moving averages.

Who are in the management team of Axel Polymers?

As of March 2022, the management team of Axel Polymers includes Gaurav Thanky (Chairman & Managing Director), A B Bodhanwala (Director & CFO), M A Bodhanwala (Non-Executive & Non-Independent Director), Jigardan Ajitdan Gadhvi (Company Secretary & Compliance Officer), Haresh Kothari (Independent Director), and Umang Dasani (Additional Independent Director). These individuals are responsible for the company's operations and governance.

As of March 2022, the management team of Axel Polymers includes the following individuals:<BR><BR>1. A B Bodhanwala - Director & CFO<BR>2. M A Bodhanwala - Non-Executive & Non-Independent Director<BR>3. Gaurav Thanky - Chairman & Managing Director<BR>4. Jigardan Ajitdan Gadhvi - Company Secretary & Compliance Officer<BR>5. Haresh Kothari - Independent Director<BR>6. Umang Dasani - Additional Independent Director<BR><BR>These members play key roles in guiding the company's operations and governance.

Who are the top shareholders of the Axel Polymers?

The top shareholders of Axel Polymers include Gaurav Surendrakumar Thanky with 42.39%, individual investors with 34.17%, and Tejal Parag Dattani as the highest public shareholder at 1.67%. There are no foreign institutional investors or pledged promoter holdings.

The top shareholders of Axel Polymers include the promoters, with Gaurav Surendrakumar Thanky holding the largest share at 42.39%. Individual investors collectively hold 34.17% of the shares, while the highest public shareholder is Tejal Parag Dattani, who owns 1.67%. Additionally, there is a mutual fund scheme that holds 0.19% of the shares, but there are no foreign institutional investors (FIIs) involved. Notably, there are no pledged promoter holdings.

How big is Axel Polymers?

As of 24th July, Axel Polymers Ltd has a market capitalization of 38.00 Cr, with recent net sales of 81.55 Cr and a net profit of 0.13 Cr over the last four quarters.

As of 24th July, <BR><BR>Market Cap: Axel Polymers Ltd has a market capitalization of 38.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 81.55 Cr, while the sum of Net Profit for the same period is 0.13 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2024. Shareholder's Funds stand at 14.99 Cr, and Total Assets amount to 64.48 Cr.

Is Axel Polymers overvalued or undervalued?

As of November 3, 2025, Axel Polymers is considered undervalued with an attractive valuation grade, despite a year-to-date stock decline of -12.53%, while its PE ratio of 57.73 and other metrics suggest it is more appealing compared to peers like Finolex Industries, Supreme Industries, and Astral.

As of 3 November 2025, Axel Polymers has moved from a fair to an attractive valuation grade, indicating a positive shift in its perceived value. The company is currently considered undervalued, supported by a PE ratio of 57.73, an EV to EBITDA ratio of 15.69, and a PEG ratio of 2.53. In comparison to its peers, Finolex Industries, which is rated as fair, has a significantly lower PE ratio of 29.41, while Supreme Industries and Astral are categorized as very expensive with PE ratios of 58.8 and 81.9, respectively.<BR><BR>Despite the attractive valuation, Axel Polymers has experienced a decline in stock performance, with a year-to-date return of -12.53%, contrasting with the Sensex's gain of 7.47% over the same period. This underperformance, combined with its strong valuation metrics, reinforces the conclusion that Axel Polymers is currently undervalued in the market.

How has been the historical performance of Axel Polymers?

Axel Polymers experienced significant financial declines from March 2024 to March 2025, with net sales dropping from 127.92 Cr to 78.09 Cr, and profit after tax decreasing from 1.56 Cr to 0.17 Cr, alongside negative cash flow from operating activities. Overall, 2025 marked a challenging year compared to 2024.

Answer:<BR>The historical performance of Axel Polymers shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Axel Polymers' net sales peaked at 127.92 Cr in March 2024 but dropped to 78.09 Cr by March 2025. The total operating income followed a similar trend, decreasing from 127.92 Cr in March 2024 to 78.09 Cr in March 2025. Raw material costs also saw a decline from 120.33 Cr in March 2024 to 82.73 Cr in March 2025, while total expenditure decreased from 122.13 Cr to 74.12 Cr in the same period. Operating profit, excluding other income, was 5.79 Cr in March 2024 but fell to 3.97 Cr in March 2025. Profit before tax also decreased from 2.29 Cr to 0.31 Cr, leading to a profit after tax decline from 1.56 Cr to 0.17 Cr. The earnings per share dropped from 1.83 to 0.20, reflecting a significant downturn in profitability. On the balance sheet, total liabilities increased from 64.22 Cr in March 2024 to 67.42 Cr in March 2025, while total assets rose from 64.22 Cr to 67.42 Cr. The cash flow from operating activities turned negative at -3.00 Cr in March 2025, contrasting with a positive cash flow of 3.00 Cr in March 2024. Overall, the financial performance of Axel Polymers indicates a challenging year in 2025 compared to the previous year.

When is the next results date for Axel Polymers Ltd?

The next results date for Axel Polymers Ltd is 13 February 2026.

The next results date for Axel Polymers Ltd is scheduled for 13 February 2026.

Are Axel Polymers Ltd latest results good or bad?

Axel Polymers Ltd's latest results are poor, showing a 98.77% decline in net profit year-on-year and a 22.71% drop in net sales, marking the lowest quarterly revenue in recent history. The company's financial health is further strained by high interest costs and consistent revenue decline over the past four quarters.

Axel Polymers Ltd's latest results indicate a challenging situation for the company. In Q2 FY26, the net profit was a mere ₹0.01 crore, reflecting a staggering decline of 98.77% year-on-year and a 75% drop from the previous quarter. Net sales also fell to ₹10.72 crores, marking a 22.71% decrease compared to the same quarter last year and an 8.38% decline from the previous quarter. This represents the lowest quarterly revenue in recent history for the company.<BR><BR>While there was a slight improvement in the operating margin, which increased to 8.68%, the overall financial performance raises significant concerns. The company has been experiencing a consistent decline in revenue over the past four quarters, leading to questions about its competitive positioning and demand in the polymer compounds market.<BR><BR>Additionally, the stock has underperformed significantly, with a one-year return of -21.42%, which is notably worse than both the Sensex and its sector peers. The company's financial health is further strained by high interest costs, which consumed a large portion of its operating profit, leaving little for shareholders.<BR><BR>Overall, the results can be characterized as poor, with multiple red flags indicating serious operational and financial challenges.

Should I buy, sell or hold Axel Polymers Ltd?

Why is Axel Polymers Ltd falling/rising?

As of 23-Mar, Axel Polymers Ltd's stock price is declining at 43.43, down 6.6%, with significant losses over recent days and trading below all key moving averages. Despite a strong annual return, concerns about high debt and reduced promoter stake contribute to a bearish outlook.

As of 23-Mar, Axel Polymers Ltd's stock price is falling, currently at 43.43, which reflects a change of -3.07 (-6.6%). The stock has been underperforming, having lost -7.12% over the last two days and opened with a significant loss of -6.34% today. It reached an intraday low of Rs 38.2, marking a decline of -17.85%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>Additionally, the stock's performance today has underperformed the sector by -2.23%. The overall market sentiment is also negative, as the Plastic Products sector has fallen by -4.36%. There is a notable decrease in investor participation, with delivery volume dropping by -99.84% compared to the 5-day average, suggesting reduced interest from investors.<BR><BR>Despite a strong performance over the past year with a return of 23.03%, the company's fundamentals show weaknesses, including a high Debt to EBITDA ratio of 6.89 times, which indicates a low ability to service debt. Furthermore, the promoters have decreased their stake by -0.9%, which may reflect a lack of confidence in the company's future prospects. These factors contribute to the stock's current downward trajectory.

Why is Axel Polymers Ltd falling/rising?

As of 24-Mar, Axel Polymers Ltd's stock price is rising to Rs 44.60, up 2.69%, with increased investor interest and a potential trend reversal despite trading below moving averages.

As of 24-Mar, Axel Polymers Ltd's stock price is rising, currently at Rs 44.60, reflecting an increase of Rs 1.17 or 2.69%. This upward movement is notable as the stock has outperformed its sector by 1.16% today and has gained after two consecutive days of decline. The stock reached an intraday high of Rs 44.60, indicating positive momentum.<BR><BR>Additionally, there has been a significant increase in investor participation, with delivery volume rising by 308.55% compared to the 5-day average, suggesting heightened interest from investors. Despite the stock trading below its moving averages across various time frames, the recent performance indicates a potential trend reversal. Overall, these factors contribute to the stock's current rise.

Why is Axel Polymers Ltd falling/rising?

As of 25-Mar, Axel Polymers Ltd's stock price is Rs 41.00, down 8.07%, significantly underperforming its sector. The stock has shown a negative trend over various periods, with year-to-date declines of 19.62%, and is trading below its moving averages, indicating a bearish outlook.

As of 25-Mar, Axel Polymers Ltd's stock price is falling, currently at Rs 41.00, which reflects a decrease of Rs 3.6 or 8.07%. The stock has underperformed significantly today, with a performance that is 10.02% lower than its sector. It opened with a loss of 6.28% and reached an intraday low of Rs 40.01, marking a decline of 10.29% at its lowest point. <BR><BR>The stock has shown a negative trend over various periods, including a 1-week decline of 3.51% and a 1-month decline of 9.87%. Year-to-date, it has decreased by 19.62%, which is notably worse than the Sensex's decline of 11.67% during the same period. Additionally, Axel Polymers is trading below its moving averages across multiple time frames, indicating a bearish trend. <BR><BR>Despite a rise in delivery volume by 13.97% against the 5-day average, the overall market sentiment appears to be negative, contributing to the stock's decline. The high volatility observed today, with an intraday volatility of 5.52%, further suggests that the stock is experiencing significant fluctuations, which may be unsettling for investors.

Which are the latest news on Axel Polymers?