{
  "main_header": {
    "sid": 10039397,
    "name": "SPP Polymer",
    "stock_name": "SPP Polymer",
    "full_name": "SPP Polymer Ltd",
    "name_url": "stocks-analysis/spp-polymer",
    "exchange": 1,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "16.60",
    "chg": 0.4,
    "chgp": "2.47%",
    "dir": 1,
    "prev_price": "16.20",
    "mcapval": "25.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": "",
    "symbol": "SPPPOLY",
    "ind_name": "Diversified consumer products",
    "ind_code": 40,
    "indexname": "",
    "isin": "INE0QR801013",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": 6000,
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-register-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/spp-polymer-10039397-1&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Why is SPP Polymer falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-spp-polymer-fallingrising-3730057",
        "imagepath": "",
        "date": "2025-11-26 01:32:59",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Extended Downtrend Against Market Benchmarks</strong></p>\n<p>SPP Polymer’s recent price movement is part of a longer-term downward trajectory. Over the past week, the stock has declined by 5.81%, significantly underperforming the Sensex, which remained nearly flat with a marginal 0.10% gain. The one-month performance further emphasises this trend, with the stock falling 8.73% while the Sensex posted a modest 0.35% increase.</p>\n<p>More strikingly, the year-to-date (YTD) return for SPP Polymer stands at a steep negative 50.31%, in stark contrast to the Sensex’s healthy 9.47% gain over the same period. The one-year comparison is even more pronounced, with the stock down 54.69% while the benchmark index advanced by 6.87%. These figures highlight a persistent weakness in the company’s share pric..."
      },
      {
        "title": "Is SPP Polymer overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-spp-polymer-overvalued-or-undervalued-3713735",
        "imagepath": "",
        "date": "2025-11-19 08:12:14",
        "description": "As of 18 November 2025, SPP Polymer's valuation grade has moved from attractive to fair, indicating a reassessment of its market position. The company is currently fairly valued, with a PE ratio of 23.43, an EV to EBITDA of 6.19, and a Price to Book Value of 0.54. In comparison to its peers, Finolex Industries has a slightly higher PE ratio of 23.91, while Supreme Industries is significantly more expensive with a PE of 54.\n\nDespite the fair valuation, SPP Polymer has underperformed in the market, with a year-to-date stock return of -47.24%, contrasting sharply with the Sensex's positive return of 9.58% over the same period. This divergence may suggest that the market is pricing in challenges for SPP Polymer that are not fully reflected in its current valuation metrics...."
      },
      {
        "title": "How has been the historical performance of SPP Polymer?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-spp-polymer-3704379",
        "imagepath": "",
        "date": "2025-11-15 00:36:45",
        "description": "Answer:\nThe historical performance of SPP Polymer shows a steady growth in net sales and profitability over the past three years.\n\nBreakdown:\nSPP Polymer's net sales increased from 66.05 Cr in Mar'23 to 91.75 Cr in Mar'24, and further to 107.56 Cr in Mar'25, indicating a consistent upward trend. Total operating income followed a similar trajectory, rising from 66.78 Cr in Mar'23 to 91.75 Cr in Mar'24, and reaching 107.56 Cr in Mar'25. Despite the increase in raw material costs, which rose from 51.80 Cr in Mar'23 to 82.91 Cr in Mar'25, the company managed to maintain an operating profit (PBDIT) of 7.30 Cr in Mar'25, although it decreased from 8.23 Cr in Mar'24. Profit before tax also improved from 1.02 Cr in Mar'23 to 1.96 Cr in Mar'25, while profit after tax increased from 0.54 Cr in Mar'23 to 1.13 Cr in Mar'25. The company's total assets grew significantly from 54.06 Cr in Mar'23 to 80.33 Cr in Mar'25, dri..."
      },
      {
        "title": "Is SPP Polymer overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-spp-polymer-overvalued-or-undervalued-3620694",
        "imagepath": "",
        "date": "2025-10-15 08:08:30",
        "description": "As of 14 October 2025, the valuation grade for SPP Polymer has moved from attractive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a PE ratio of 23.63, an EV to EBITDA of 5.77, and a Price to Book Value of 0.54. \n\nIn comparison to its peers, SPP Polymer's valuation is more favorable than that of Supreme Industries and Astral, which are both considered very expensive with PE ratios of 59.45 and 78.55, respectively. However, it is less favorable than Finolex Industries, which has a PE ratio of 29.76 and is also rated as fair. Notably, SPP Polymer has experienced a significant decline in stock price, down 60.3% over the past year, contrasting sharply with the Sensex's modest return of 0.07% during the same period...."
      },
      {
        "title": "Is SPP Polymer overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-spp-polymer-overvalued-or-undervalued-3588782",
        "imagepath": "",
        "date": "2025-10-03 08:10:55",
        "description": "As of 1 October 2025, SPP Polymer's valuation grade has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued based on its key financial ratios, including a PE ratio of 23.15, an EV to EBITDA ratio of 5.68, and a Price to Book Value of 0.53. These figures suggest that the stock is trading at a reasonable price relative to its earnings and assets.\n\nIn comparison to its peers, SPP Polymer stands out as more attractively valued than companies such as Supreme Industries, which has a PE ratio of 59.83, and Astral, with a PE of 76.45. While SPP Polymer's ROCE is relatively low at 4.00% and ROE at 2.30%, the overall valuation metrics indicate that it is positioned favorably against its industry counterparts. Despite a significant decline in stock performance year-to-date, with a drop of 47.85% compared to a 5.04% gain in the Sensex, the c..."
      },
      {
        "title": "Is SPP Polymer overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-spp-polymer-overvalued-or-undervalued-3587562",
        "imagepath": "",
        "date": "2025-10-02 08:11:44",
        "description": "As of 1 October 2025, SPP Polymer's valuation grade has moved from fair to attractive, indicating a positive shift in its market perception. The company appears to be undervalued, given its current price of 17.00 against a PE ratio of 23.15, a Price to Book Value of 0.53, and an EV to EBITDA of 5.68. These ratios suggest that SPP Polymer is trading at a discount compared to its earnings and asset value.\n\nIn comparison to its peers, SPP Polymer's PE ratio is significantly lower than that of Supreme Industries at 59.83 and Astral at 76.45, both of which are classified as very expensive. Additionally, while SPP Polymer has a PEG ratio of 0.00, indicating no growth expectations priced in, its dividend yield of 2.94% offers some return to investors. Despite a challenging year with a stock return of -60.96% compared to the Sensex's -3.72%, the current valuation metrics suggest that SPP Polymer presents an attract..."
      },
      {
        "title": "Why is SPP Polymer falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-spp-polymer-fallingrising-3562902",
        "imagepath": "",
        "date": "2025-09-24 00:12:55",
        "description": "As of 23-Sep, SPP Polymer Ltd's stock price is currently at 17.05, showing no change (0.00%). The stock has outperformed its sector by 1.25% today, although it is trading higher than its 20-day moving average but lower than its 5-day, 50-day, 100-day, and 200-day moving averages. Notably, the stock has experienced a significant decline in investor participation, with delivery volume dropping by 79.17% compared to the 5-day average. Over the past week, the stock has decreased by 0.29%, while it has seen a modest increase of 2.10% over the past month. However, the year-to-date performance shows a substantial decline of 47.70%, and the one-year return is down by 65.03%.\n\nIn the broader market context, the Sensex has shown a slight decline of 0.28% over the past week, while it has increased by 1.20% over the past month. This indicates that SPP Polymer's recent performance is somewhat in line with the market tre..."
      },
      {
        "title": "Why is SPP Polymer falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-spp-polymer-fallingrising-3556124",
        "imagepath": "",
        "date": "2025-09-22 23:53:39",
        "description": "As of 22-Sep, SPP Polymer Ltd's stock price is currently at 17.05, reflecting a decrease of 0.55 or 3.13%. The stock has underperformed its sector today by 2.43%. In terms of returns, over the past week, the stock has gained 0.29%, but it has significantly underperformed over the longer term, with a year-to-date decline of 47.70% and a one-year drop of 66.76%. The stock is trading higher than its 20-day moving average but lower than its 5-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 42.86% against the 5-day average, indicating some interest despite the overall negative price movement.\n\nBroader market context shows that while SPP Polymer's short-term performance over the past week is positive, it still lags behind the Sensex, which has increased by 0.53% in the same period. The stock's year-to-date..."
      },
      {
        "title": "Why is SPP Polymer falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-spp-polymer-fallingrising-3516530",
        "imagepath": "",
        "date": "2025-09-15 23:34:07",
        "description": "As of 15-Sep, SPP Polymer Ltd is experiencing a decline in its stock price, currently at 17.00, reflecting a decrease of 0.1 or 0.58%. The stock has underperformed its sector today by 0.52%. In terms of returns, the stock has shown a negative performance over the past week, down 0.58%, and has also declined by 2.86% over the past month. Year-to-date, the stock has significantly underperformed, with a drop of 47.85%, while the benchmark Sensex has increased by 6.02%. The stock's moving averages indicate that it is currently higher than the 5-day and 20-day averages but lower than the 50-day, 100-day, and 200-day averages, suggesting a bearish trend. There are no positive or negative factors available to provide additional context for the stock's recent movement.\n\nIn the broader market context, SPP Polymer's short-term performance has lagged behind the Sensex, which has gained 1.20% over the past week. This u..."
      }
    ],
    "total": 84,
    "sid": "10039397",
    "stock_news_url": "https://www.marketsmojo.com/news/spp-polymer-10039397"
  },
  "announcements": "",
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "SPP Polymer Ltd has declared <strong>5%</strong> dividend, ex-date: 01 Aug 25",
          "dt": "2025-08-01",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Why is SPP Polymer falling/rising?

2025-11-26 01:32:59

Extended Downtrend Against Market Benchmarks

SPP Polymer’s recent price movement is part of a longer-term downward trajectory. Over the past week, the stock has declined by 5.81%, significantly underperforming the Sensex, which remained nearly flat with a marginal 0.10% gain. The one-month performance further emphasises this trend, with the stock falling 8.73% while the Sensex posted a modest 0.35% increase.

More strikingly, the year-to-date (YTD) return for SPP Polymer stands at a steep negative 50.31%, in stark contrast to the Sensex’s healthy 9.47% gain over the same period. The one-year comparison is even more pronounced, with the stock down 54.69% while the benchmark index advanced by 6.87%. These figures highlight a persistent weakness in the company’s share pric...

Read More

Is SPP Polymer overvalued or undervalued?

2025-11-19 08:12:14

As of 18 November 2025, SPP Polymer's valuation grade has moved from attractive to fair, indicating a reassessment of its market position. The company is currently fairly valued, with a PE ratio of 23.43, an EV to EBITDA of 6.19, and a Price to Book Value of 0.54. In comparison to its peers, Finolex Industries has a slightly higher PE ratio of 23.91, while Supreme Industries is significantly more expensive with a PE of 54. Despite the fair valuation, SPP Polymer has underperformed in the market, with a year-to-date stock return of -47.24%, contrasting sharply with the Sensex's positive return of 9.58% over the same period. This divergence may suggest that the market is pricing in challenges for SPP Polymer that are not fully reflected in its current valuation metrics....

Read More

How has been the historical performance of SPP Polymer?

2025-11-15 00:36:45

Answer: The historical performance of SPP Polymer shows a steady growth in net sales and profitability over the past three years. Breakdown: SPP Polymer's net sales increased from 66.05 Cr in Mar'23 to 91.75 Cr in Mar'24, and further to 107.56 Cr in Mar'25, indicating a consistent upward trend. Total operating income followed a similar trajectory, rising from 66.78 Cr in Mar'23 to 91.75 Cr in Mar'24, and reaching 107.56 Cr in Mar'25. Despite the increase in raw material costs, which rose from 51.80 Cr in Mar'23 to 82.91 Cr in Mar'25, the company managed to maintain an operating profit (PBDIT) of 7.30 Cr in Mar'25, although it decreased from 8.23 Cr in Mar'24. Profit before tax also improved from 1.02 Cr in Mar'23 to 1.96 Cr in Mar'25, while profit after tax increased from 0.54 Cr in Mar'23 to 1.13 Cr in Mar'25. The company's total assets grew significantly from 54.06 Cr in Mar'23 to 80.33 Cr in Mar'25, dri...

Read More

Is SPP Polymer overvalued or undervalued?

2025-10-15 08:08:30

As of 14 October 2025, the valuation grade for SPP Polymer has moved from attractive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a PE ratio of 23.63, an EV to EBITDA of 5.77, and a Price to Book Value of 0.54. In comparison to its peers, SPP Polymer's valuation is more favorable than that of Supreme Industries and Astral, which are both considered very expensive with PE ratios of 59.45 and 78.55, respectively. However, it is less favorable than Finolex Industries, which has a PE ratio of 29.76 and is also rated as fair. Notably, SPP Polymer has experienced a significant decline in stock price, down 60.3% over the past year, contrasting sharply with the Sensex's modest return of 0.07% during the same period....

Read More

Is SPP Polymer overvalued or undervalued?

2025-10-03 08:10:55

As of 1 October 2025, SPP Polymer's valuation grade has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued based on its key financial ratios, including a PE ratio of 23.15, an EV to EBITDA ratio of 5.68, and a Price to Book Value of 0.53. These figures suggest that the stock is trading at a reasonable price relative to its earnings and assets. In comparison to its peers, SPP Polymer stands out as more attractively valued than companies such as Supreme Industries, which has a PE ratio of 59.83, and Astral, with a PE of 76.45. While SPP Polymer's ROCE is relatively low at 4.00% and ROE at 2.30%, the overall valuation metrics indicate that it is positioned favorably against its industry counterparts. Despite a significant decline in stock performance year-to-date, with a drop of 47.85% compared to a 5.04% gain in the Sensex, the c...

Read More

Is SPP Polymer overvalued or undervalued?

2025-10-02 08:11:44

As of 1 October 2025, SPP Polymer's valuation grade has moved from fair to attractive, indicating a positive shift in its market perception. The company appears to be undervalued, given its current price of 17.00 against a PE ratio of 23.15, a Price to Book Value of 0.53, and an EV to EBITDA of 5.68. These ratios suggest that SPP Polymer is trading at a discount compared to its earnings and asset value. In comparison to its peers, SPP Polymer's PE ratio is significantly lower than that of Supreme Industries at 59.83 and Astral at 76.45, both of which are classified as very expensive. Additionally, while SPP Polymer has a PEG ratio of 0.00, indicating no growth expectations priced in, its dividend yield of 2.94% offers some return to investors. Despite a challenging year with a stock return of -60.96% compared to the Sensex's -3.72%, the current valuation metrics suggest that SPP Polymer presents an attract...

Read More

Why is SPP Polymer falling/rising?

2025-09-24 00:12:55

As of 23-Sep, SPP Polymer Ltd's stock price is currently at 17.05, showing no change (0.00%). The stock has outperformed its sector by 1.25% today, although it is trading higher than its 20-day moving average but lower than its 5-day, 50-day, 100-day, and 200-day moving averages. Notably, the stock has experienced a significant decline in investor participation, with delivery volume dropping by 79.17% compared to the 5-day average. Over the past week, the stock has decreased by 0.29%, while it has seen a modest increase of 2.10% over the past month. However, the year-to-date performance shows a substantial decline of 47.70%, and the one-year return is down by 65.03%. In the broader market context, the Sensex has shown a slight decline of 0.28% over the past week, while it has increased by 1.20% over the past month. This indicates that SPP Polymer's recent performance is somewhat in line with the market tre...

Read More

Why is SPP Polymer falling/rising?

2025-09-22 23:53:39

As of 22-Sep, SPP Polymer Ltd's stock price is currently at 17.05, reflecting a decrease of 0.55 or 3.13%. The stock has underperformed its sector today by 2.43%. In terms of returns, over the past week, the stock has gained 0.29%, but it has significantly underperformed over the longer term, with a year-to-date decline of 47.70% and a one-year drop of 66.76%. The stock is trading higher than its 20-day moving average but lower than its 5-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 42.86% against the 5-day average, indicating some interest despite the overall negative price movement. Broader market context shows that while SPP Polymer's short-term performance over the past week is positive, it still lags behind the Sensex, which has increased by 0.53% in the same period. The stock's year-to-date...

Read More

Why is SPP Polymer falling/rising?

2025-09-15 23:34:07

As of 15-Sep, SPP Polymer Ltd is experiencing a decline in its stock price, currently at 17.00, reflecting a decrease of 0.1 or 0.58%. The stock has underperformed its sector today by 0.52%. In terms of returns, the stock has shown a negative performance over the past week, down 0.58%, and has also declined by 2.86% over the past month. Year-to-date, the stock has significantly underperformed, with a drop of 47.85%, while the benchmark Sensex has increased by 6.02%. The stock's moving averages indicate that it is currently higher than the 5-day and 20-day averages but lower than the 50-day, 100-day, and 200-day averages, suggesting a bearish trend. There are no positive or negative factors available to provide additional context for the stock's recent movement. In the broader market context, SPP Polymer's short-term performance has lagged behind the Sensex, which has gained 1.20% over the past week. This u...

Read More

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