Dutron Polymers

What does Dutron Polymers do?

Dutron Polymers Ltd is an Indian manufacturer of plastic pipe systems, established in 1962, known for producing PVC suction hoses. As of March 2025, it has a market cap of Rs 88 Cr, with net sales of 24 Cr and a P/E ratio of 32.00.

Overview:<BR>Dutron Polymers Ltd is a renowned manufacturer of plastic pipe systems in India, operating within the Plastic Products - Industrial industry and categorized as a Micro Cap company.<BR><BR>History:<BR>Dutron Polymers Ltd was incorporated in 1962 and began as a modest plastic pipe manufacturing facility in Ahmedabad. The company achieved a significant milestone in 1971 by creating the first specimens of PVC Suction Hoses in India, with technical assistance from Totaku Industries Inc., Japan. The latest quarterly results reported are for March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 24 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 0 Cr (Quarterly Results - Mar 2025)<BR>- Market-cap: Rs 88 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 32.00<BR>- Industry P/E: 41<BR>- Dividend Yield: 1.02%<BR>- Debt-Equity: 0.21<BR>- Return on Equity: 10.29%<BR>- Price to Book: 3.33<BR><BR>Contact Details:<BR>Address: Dutron House Navrangpura, Nr Mithakhali Underbridge Ahmedabad Gujarat : 380009<BR>Tel: 91-079-26561849/26427522<BR>Email: investor@dutronindia.com<BR>Website: http://www.dutronindia.com

Has Dutron Polymers declared dividend?

Yes, Dutron Polymers Ltd has declared a 15% dividend, amounting to ₹1.5 per share, with an ex-date of July 5, 2024. Recent total returns show mixed performance, with negative returns in shorter periods but positive returns over the longer term, particularly in the 2 to 5-year spans.

Dutron Polymers Ltd has declared a 15% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 15%<BR>- Amount per share: 1.5<BR>- Ex-date: 05 Jul 24<BR><BR>Dividend Yield: 1.02%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -17.6%, the dividend return was 0%, resulting in a total return of -17.6%.<BR><BR>Over the past year, the price return was -6.53%, the dividend return was 0.74%, leading to a total return of -5.79%.<BR><BR>In the 2-year period, the price return was 8.37%, the dividend return was 2.17%, culminating in a total return of 10.54%.<BR><BR>For the 3-year period, the price return was 14.62%, the dividend return was 2.48%, resulting in a total return of 17.1%.<BR><BR>In the last 4 years, the price return was -13.1%, the dividend return was 2.09%, leading to a total return of -11.01%.<BR><BR>Over the past 5 years, the price return was 13.33%, the dividend return was 6.09%, resulting in a total return of 19.42%.<BR><BR>Overall, while Dutron Polymers has declared a dividend, the recent total returns indicate a mixed performance, with negative returns in shorter periods but positive returns over the longer term, particularly in the 2 to 5-year spans.

Who are the peers of the Dutron Polymers?

Dutron Polymers' peers include Supreme Industries, Astral, Finolex Industries, Garware Hi Tech, Shaily Engineering, Malpani Pipes, Swashthik, and National Plastic. In terms of management risk, growth, and capital structure, they vary from excellent to below average, with Garware Hi Tech showing the highest 1-year return at 155.66% and Dutron Polymers at -0.37%.

Peers: The peers of Dutron Polymers are Supreme Inds., Astral, Finolex Inds., Garware Hi Tech, Shaily Engineer., Malpani Pipes, Swashthik, and Natl. Plastic.<BR><BR>Quality Snapshot: Excellent management risk is observed at Supreme Inds., while Good management risk is found at Astral, Finolex Inds., Shaily Engineer., and Dutron Polymers. Average management risk is noted at Garware Hi Tech, and Below Average management risk is seen at Malpani Pipes, Swashthik, and Natl. Plastic. Growth is Excellent at Malpani Pipes and Swashthik, Good at Astral and Shaily Engineer., Average at Garware Hi Tech, and Below Average at Finolex Inds. and Dutron Polymers. Capital Structure is Excellent at Supreme Inds., Astral, and Finolex Inds., Good at Shaily Engineer., Average at Dutron Polymers and Malpani Pipes, and Below Average at Swashthik and Natl. Plastic.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Garware Hi Tech at 155.66%, while the peer with the lowest is Finolex Inds. at -34.87%. Dutron Polymers has a 1-year return of -0.37%, which is better than Finolex Inds. but worse than Garware Hi Tech. Additionally, the six-month return is negative for Supreme Inds., Astral, Finolex Inds., Garware Hi Tech, Swashthik, and Natl. Plastic.

What is the technical trend for Dutron Polymers?

As of May 3, 2025, Dutron Polymers shows a mildly bearish trend, with daily moving averages indicating bearishness, while weekly indicators present mixed signals of mild bullishness, and overall price action remains significantly below its 52-week high.

As of 3 May 2025, the technical trend for Dutron Polymers has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish trend, while the weekly MACD and Bollinger Bands show mild bullishness. The monthly indicators, including MACD and Bollinger Bands, remain bearish, suggesting a lack of strong upward momentum. The KST is mildly bullish on the weekly timeframe but mildly bearish on the monthly, indicating mixed signals. Overall, the strength of the bearish trend is supported by the recent price action, with the stock trading significantly below its 52-week high.

Who are in the management team of Dutron Polymers?

As of March 2022, the management team of Dutron Polymers includes Sudip B Patel (Chairman & Executive Director), Rasesh H Patel (Managing Director), Alpesh B Patel (Whole-time Director), Mitesh C Shah and Rajendra Desai (Independent Directors), Kapilaben Hasmukhlal Patel (Director), and Roopa R Shah (Company Secretary & Compliance Officer). Each member contributes to the company's governance and operations.

As of March 2022, the management team of Dutron Polymers includes the following individuals:<BR><BR>1. Sudip B Patel - Chairman & Executive Director<BR>2. Rasesh H Patel - Managing Director<BR>3. Alpesh B Patel - Whole-time Director<BR>4. Mitesh C Shah - Independent Director<BR>5. Kapilaben Hasmukhlal Patel - Director<BR>6. Roopa R Shah - Company Secretary & Compliance Officer<BR>7. Rajendra Desai - Independent Director<BR><BR>Each member plays a vital role in the governance and operational oversight of the company.

Who are the top shareholders of the Dutron Polymers?

The top shareholders of Dutron Polymers are primarily promoters, with Rasesh H Patel holding the largest individual stake at 9.98%. Individual investors own 17.29% of the shares, and there are no mutual funds, foreign institutional investors, or pledged promoter holdings.

The top shareholders of Dutron Polymers primarily consist of the promoters, with Rasesh H Patel holding the highest individual stake at 9.98%. There are no mutual funds or foreign institutional investors involved in the company's shareholding. Additionally, individual investors collectively hold 17.29% of the shares. There are no pledged promoter holdings or significant public shareholders noted.

How big is Dutron Polymers?

As of 24th July, Dutron Polymers Ltd has a market capitalization of 78.00 Cr and reported net sales of 104.03 Cr and a net profit of 2.72 Cr over the latest four quarters.

As of 24th July, <BR><BR>Market Cap: Dutron Polymers Ltd has a market capitalization of 78.00 Cr, categorized as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 104.03 Cr, while the sum of Net Profit for the same period is 2.72 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 26.43 Cr and Total Assets at 36.25 Cr.

Is Dutron Polymers overvalued or undervalued?

As of September 2, 2025, Dutron Polymers is considered an attractive investment due to its undervalued financial metrics, including a PE Ratio of 34.04, which is significantly lower than its peers, despite a year-to-date stock decline of 26.25%.

As of 2 September 2025, the valuation grade for Dutron Polymers has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued based on its financial metrics. Key ratios include a PE Ratio of 34.04, an EV to EBITDA of 18.28, and a ROCE of 15.15%. <BR><BR>In comparison to its peers, Dutron Polymers' PE Ratio is significantly lower than that of Supreme Industries at 65.62 and Astral at 78.73, both categorized as very expensive. Additionally, while Finolex Industries has a PE Ratio of 33.89, it still falls short of the attractive valuation that Dutron currently holds. Despite recent stock performance lagging behind the Sensex, with a year-to-date decline of 26.25% compared to a 2.58% gain in the index, the overall valuation metrics suggest that Dutron Polymers presents a compelling investment opportunity.

When is the next results date for Dutron Polymers?

The next results date for Dutron Polymers is November 7, 2025.

The next results date for Dutron Polymers is scheduled for November 7, 2025.

How has been the historical performance of Dutron Polymers?

Dutron Polymers has experienced fluctuating financial performance, with net sales declining from INR 131.91 crore in March 2023 to INR 104.03 crore in March 2025, while profit after tax increased from INR 2.58 crore to INR 2.72 crore during the same period. Despite these fluctuations, the company has shown resilience in profitability and improved cash flow.

Answer:<BR>The historical performance of Dutron Polymers shows a fluctuating trend in key financial metrics over the past several years.<BR><BR>Breakdown:<BR>Dutron Polymers experienced a decline in net sales from INR 131.91 crore in March 2023 to INR 104.03 crore in March 2025, with a peak in March 2023. Total operating income followed a similar trend, decreasing from INR 131.91 crore in March 2023 to INR 104.03 crore in March 2025. The raw material cost also decreased from INR 118.75 crore in March 2023 to INR 89.87 crore in March 2025. Operating profit (PBDIT) excluding other income showed a slight decline from INR 5.87 crore in March 2023 to INR 4.68 crore in March 2025, while profit before tax remained relatively stable, fluctuating around INR 3.54 crore in March 2025 compared to INR 3.59 crore in March 2023. Profit after tax increased from INR 2.58 crore in March 2023 to INR 2.72 crore in March 2025. The company's total assets rose from INR 39.70 crore in March 2023 to INR 40.69 crore in March 2025, while total liabilities decreased from INR 39.70 crore in March 2023 to INR 40.69 crore in March 2025. Cash flow from operating activities improved from INR 7.00 crore in March 2023 to INR 5.00 crore in March 2025, and the closing cash and cash equivalents increased to INR 3.00 crore in March 2025 from INR 1.00 crore in March 2023. Overall, Dutron Polymers has shown resilience in profitability despite fluctuations in sales and operating income.

Are Dutron Polymers Ltd latest results good or bad?

Dutron Polymers Ltd's latest results show strong profit growth with a 194.12% increase in net profit, but revenue has declined by 16.94% year-on-year for the third consecutive quarter, raising concerns about sustainability. While margin improvements are positive, the ongoing revenue contraction is a significant issue for investors.

Dutron Polymers Ltd's latest results present a mixed picture. On one hand, the company reported a significant increase in net profit for Q3 FY26, rising by 194.12% quarter-on-quarter and 88.68% year-on-year, reaching ₹1.00 crore. This improvement in profitability is notable, especially with a PAT margin of 4.44%, which is the highest in recent quarters. Additionally, operating margins expanded to 6.00%, indicating better cost management and operational efficiency.<BR><BR>However, the company is facing serious challenges with its revenue, which declined by 16.94% year-on-year, marking the third consecutive quarter of revenue contraction. The latest net sales of ₹22.50 crores also reflect a 7.30% decline compared to the previous four-quarter average. This persistent drop in revenue raises concerns about the company's ability to sustain its profitability improvements.<BR><BR>Overall, while the margin expansion and profit growth are positive developments, the ongoing revenue decline is a critical concern that overshadows these results. Investors may view the situation as precarious, as the company needs to address its revenue challenges to validate the recent improvements in profitability.

Should I buy, sell or hold Dutron Polymers Ltd?

Why is Dutron Polymers Ltd falling/rising?

As of 09-Feb, Dutron Polymers Ltd's stock price is Rs 101.70, unchanged from the previous session, and has significantly underperformed the Sensex across various time frames, including a year-to-date drop of 6.78% and a one-year decline of 28.41%. The stock is currently trading below all key moving averages and has seen a drastic decrease in investor participation.

As of 09-Feb, Dutron Polymers Ltd's stock price is currently at Rs 101.70, showing no change from the previous trading session. The stock has been underperforming compared to the benchmark Sensex, with a 1-week return of +0.05% versus the Sensex's +2.94%. Over the past month, the stock has declined by 1.60%, while the Sensex has increased by 0.59%. Year-to-date, Dutron Polymers has experienced a significant drop of 6.78%, compared to a slight decline of 1.36% in the Sensex.<BR><BR>The stock's performance over the past year has been particularly poor, with a decrease of 28.41%, while the Sensex has gained 7.97%. Additionally, over the last three years, Dutron Polymers has fallen by 15.67%, in stark contrast to the Sensex's rise of 38.25%. The five-year performance also shows a decline of 27.18% for Dutron Polymers, while the Sensex has increased by 63.78%.<BR><BR>Today's trading highlights indicate that the stock is only 0.93% away from its 52-week low of Rs 100.75 and has underperformed its sector by 1.05%. The stock has shown erratic trading patterns, not trading on five out of the last twenty days. Furthermore, it is currently trading below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), indicating a bearish trend. There has also been a significant drop in investor participation, with delivery volume decreasing by 92.14% against the five-day average. Despite being liquid enough for trading, these factors contribute to the stock's downward trajectory.

Which are the latest news on Dutron Polymers?