Polymechplast Ma

Why is Polymechplast Machines Ltd falling/rising?

As of 01-Sep, Polymechplast Machines Ltd's stock price is falling due to weak financial performance, a significant decline in profitability, and decreased investor interest, resulting in a one-year return of -19.09% compared to the benchmark. The stock is trading below key moving averages, indicating a bearish trend.

As of 01-Sep, Polymechplast Machines Ltd's stock price is falling, currently at 46.20, reflecting a decrease of 1.69 or 3.53%. This decline can be attributed to several factors highlighted in the provided data. <BR><BR>Firstly, the stock has consistently underperformed against the benchmark indices, with a one-year return of -19.09% compared to the Sensex's -4.26%. Over the past three years, the stock has shown a significant decline of -20.34%, while the benchmark has gained 17.67%. This trend indicates a persistent weakness in the company's performance relative to the market.<BR><BR>Moreover, the company's financial health appears to be deteriorating. It reported an operating loss, with a negative EBIT of Rs. -0.84 crore, and a poor EBIT to Interest ratio of 1.29, suggesting difficulties in servicing its debt. The recent quarterly results show a significant drop in profitability, with a PAT of Rs -0.80 crore, down 175.9%, and net sales falling by 17.11%. <BR><BR>Investor participation has also decreased, with a delivery volume on 31 August that fell by 60.78% compared to the five-day average. Additionally, the stock is trading below all key moving averages, indicating a bearish trend. <BR><BR>Overall, the combination of weak financial performance, declining investor interest, and consistent underperformance against benchmarks contributes to the falling stock price of Polymechplast Machines Ltd.

Which are the latest news on Polymechplast Ma?

Who are in the management team of Polymechplast Ma?

The management team of Polymechplast Ma includes M R Bhuva (Chairman & Managing Director), H P Bhuva (Executive Director), and independent directors H D Pathak, A N Shah, and Asmani Surve.

The management team of Polymechplast Ma includes the following individuals:<BR><BR>1. **M R Bhuva** - Chairman & Managing Director<BR>2. **H P Bhuva** - Executive Director<BR>3. **H D Pathak** - Independent Director<BR>4. **A N Shah** - Independent Director<BR>5. **Asmani Surve** - Independent Director<BR><BR>If you need more details about their roles or contributions, feel free to ask!

What does Polymechplast Ma do?

Polymechplast Machines Ltd manufactures and exports plastic processing machines and operates as a micro-cap company. Established in 1978, it reported net sales of 10 Cr and a net loss of 1 Cr for June 2026, with a market cap of INR 27 Cr.

Overview:<BR>Polymechplast Machines Ltd is engaged in the manufacturing and export of a range of plastic processing machines, operating within the industrial manufacturing sector and classified as a micro-cap company.<BR><BR>History:<BR>The company was established in 1978 under the name 'PLASTICO' in Vadodara, Gujarat. It has been involved in the production of plastic processing machinery since its inception. The latest quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 10 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: -1 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 27 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 10.00 <BR>Industry P/E: 41 <BR>Dividend Yield: 2.13% <BR>Debt-Equity: 0.01 <BR>Return on Equity: 11.37% <BR>Price to Book: 0.93 <BR><BR>Contact Details:<BR>Address: Plot No 775 Gold Coin House, GIDC Ind Estate Makarpura Vadodara Gujarat : 390010 <BR>Tel: 91-265-2643210 <BR>Email: goldcoin@polymechplast.com <BR>Website: http://www.polymechplast.com

Who are the peers of the Polymechplast Ma?

Polymechplast Ma's peers include Arigato Universe, Rasi Electrodes, G G Dandekar, and others, with varying management risks and growth rates. Arigato Universe leads in 1-year returns at 82.63%, while Polymechplast Ma has a return of -18.90%.

Peers: The peers of Polymechplast Ma are Arigato Universe, Rasi Electrodes, G G Dandekar, Hawa Engineers, Misquita Engg., Harshil Agrotech, Iykot Hitech, Harish Textile, Trans India, and Falcon.<BR><BR>Quality Snapshot: Below Average management risk is observed at Arigato Universe, Rasi Electrodes, G G Dandekar, Misquita Engg., Iykot Hitech, and Trans India, while Average management risk is found at Polymechplast Ma, Harshil Agrotech, and Harish Textile. Good growth is noted at Arigato Universe, while Below Average growth is seen at Rasi Electrodes, G G Dandekar, Hawa Engineers, Polymechplast Ma, Misquita Engg., Harshil Agrotech, Iykot Hitech, and Harish Textile. Good capital structure is present at Rasi Electrodes, G G Dandekar, Polymechplast Ma, Harshil Agrotech, while Below Average capital structure is found at Arigato Universe, Hawa Engineers, Misquita Engg., Iykot Hitech, Harish Textile, Trans India, and Falcon.<BR><BR>Return Snapshot: Arigato Universe has the highest 1-year return at 82.63%, while Trans India has the lowest at -83.66%, with Polymechplast Ma's 1-year return at -18.90% being significantly better than Trans India but worse than Arigato Universe. Additionally, several peers, including Rasi Electrodes, Hawa Engineers, Misquita Engg., Harshil Agrotech, Trans India, and Falcon, have negative six-month returns.

How big is Polymechplast Ma?

As of 31st August, Polymechplast Machines Ltd has a market capitalization of 27.00 Cr, with net sales of 66.88 Cr and a net profit of 2.70 Cr over the latest four quarters.

As of 31st August, Polymechplast Machines Ltd has a market capitalization of 27.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported net sales of 66.88 Cr and a net profit of 2.70 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with shareholder's funds amounting to 25.51 Cr and total assets valued at 44.08 Cr.

Should I buy, sell or hold Polymechplast Machines Ltd?

When is the next results date for Polymechplast Machines Ltd?

The next results date for Polymechplast Machines Ltd is 12 August 2026.

The next results date for Polymechplast Machines Ltd is scheduled for 12 August 2026.

Are Polymechplast Machines Ltd latest results good or bad?

Polymechplast Machines Ltd's latest results show a significant net profit increase, but concerns arise from an operating loss and reliance on exceptional income, indicating underlying operational weaknesses. Investors should be cautious due to these challenges and the high P/E ratio compared to industry peers.

Polymechplast Machines Ltd's latest results present a mixed picture. On one hand, the company reported a significant net profit of ₹2.98 crores for Q4 FY26, marking a remarkable increase of 388.52% quarter-on-quarter and an impressive 1390.00% year-on-year. Additionally, net sales grew by 7.51% from the previous quarter and 13.40% compared to the same quarter last year, which might seem positive at first glance.<BR><BR>However, a deeper analysis reveals serious concerns. The company recorded an operating loss of ₹0.35 crores, resulting in a negative operating margin of -1.61%. This is a sharp decline from the previous quarter's operating profit of ₹1.09 crores. The substantial profit reported was largely driven by exceptional other income of ₹4.28 crores, which accounted for over 119% of the profit before tax. This reliance on non-operating income raises questions about the sustainability of the earnings.<BR><BR>Moreover, the company has been facing operational challenges, with declining return ratios and a high P/E ratio of 75x, which is significantly above industry peers. The lack of institutional interest and the company's poor performance relative to the market further complicate the outlook.<BR><BR>In summary, while the headline profit figures may appear good, the underlying operational weaknesses and dependency on exceptional income suggest that the results are more concerning than they might initially seem. Investors should approach with caution, as the fundamentals indicate significant challenges ahead.

Is Polymechplast Ma overvalued or undervalued?

As of November 13, 2025, Polymechplast Ma is considered overvalued and risky due to its extremely high PE ratio of 805.25, negative ROCE of -0.22%, low ROE of 0.16%, and poor performance compared to peers and the Sensex.

As of 13 November 2025, the valuation grade for Polymechplast Ma has moved from expensive to risky, indicating a shift in perception regarding its financial health. The company is currently considered overvalued, primarily due to its exceptionally high PE ratio of 805.25, alongside a negative ROCE of -0.22% and a low ROE of 0.16%. The EV to EBITDA ratio stands at 26.24, which further underscores the concerns regarding its valuation.<BR><BR>In comparison with peers, Polymechplast Ma's PE ratio far exceeds that of Thermax at 60.51 and BEML Ltd at 55.98, both of which are categorized as expensive. The company's valuation metrics suggest that it is not only overvalued but also carries significant risk, particularly given its poor performance relative to the Sensex, with a year-to-date return of -20.61% compared to the Sensex's 8.11%.

How has been the historical performance of Polymechplast Ma?

Polymechplast Ma's historical performance shows fluctuations, with net sales at 64.89 Cr in Mar'25, a slight increase from Mar'24 but a decline from previous years. Total assets and liabilities rose, while cash flow from operating activities was zero, indicating challenges in consistent growth.

Answer:<BR>The historical performance of Polymechplast Ma shows fluctuations in key financial metrics over the years, with net sales reaching 64.89 Cr in Mar'25, a slight increase from 59.04 Cr in Mar'24, but a decline from 69.22 Cr in Mar'23 and 83.44 Cr in Mar'22. Total operating income mirrored this trend, ending at 64.89 Cr in Mar'25. The total expenditure, excluding depreciation, was 63.19 Cr in Mar'25, up from 57.11 Cr in Mar'24, but down from 66.41 Cr in Mar'23 and 77.95 Cr in Mar'22. Operating profit (PBDIT) decreased to 2.46 Cr in Mar'25 from 2.59 Cr in Mar'24, and profit before tax rose slightly to 1.29 Cr from 1.14 Cr in the previous year. However, profit after tax showed a minor increase to 0.91 Cr in Mar'25 from 0.85 Cr in Mar'24, down from 1.55 Cr in Mar'23 and 3.47 Cr in Mar'22. The consolidated net profit for Mar'25 was 0.70 Cr, a slight decrease from 0.72 Cr in Mar'24, and significantly lower than 1.54 Cr in Mar'23 and 3.45 Cr in Mar'22. The company's total assets increased to 44.08 Cr in Mar'25 from 41.34 Cr in Mar'24, while total liabilities also rose to 44.08 Cr from 41.34 Cr in the same period. Cash flow from operating activities was zero in Mar'25, contrasting with 3.00 Cr in Mar'24, while net cash inflow for Mar'25 was 2.00 Cr, up from zero in Mar'24.<BR><BR>Breakdown:<BR>Polymechplast Ma's financial performance has shown variability over the past few years. In Mar'25, net sales were recorded at 64.89 Cr, reflecting a modest increase from the previous year but a decline from the two years prior. The total operating income followed a similar pattern, while total expenditure rose, indicating increased costs. Operating profit saw a slight decrease, and while profit before tax improved, profit after tax remained relatively stable with a minor increase. The consolidated net profit also reflected this trend, showing a decrease compared to previous years. On the balance sheet, total assets and total liabilities both increased in Mar'25, indicating a growth in the company's financial position. Cash flow from operating activities was notably zero in Mar'25, contrasting with a positive cash flow in the prior year, although the net cash inflow for the year was positive. Overall, the company has experienced fluctuations in its financial metrics, highlighting challenges in maintaining consistent growth.

Who are the top shareholders of the Polymechplast Ma?

The top shareholders of Polymechplast Ma include promoter Bhuva Mahendrakumar Ravjibhai with 11.58% and public shareholder Yesha Electricals Pvt Ltd with 9.37%. Individual investors hold a combined 44.96%, with no mutual funds or foreign institutional investors involved, and no pledged promoter holdings.

The top shareholders of Polymechplast Ma include Bhuva Mahendrakumar Ravjibhai, who is the promoter with the highest holding at 11.58%. The highest public shareholder is Yesha Electricals Pvt Ltd, holding 9.37%. Additionally, individual investors collectively hold 44.96% of the company's shares. There are no mutual funds or foreign institutional investors currently holding shares in the company, and there are no pledged promoter holdings.

What is the technical trend for Polymechplast Ma?

As of June 6, 2025, Polymechplast Ma's technical trend is mildly bearish, influenced by bearish Bollinger Bands and moving averages, despite some bullish signals from the MACD and KST indicators.

As of 6 June 2025, the technical trend for Polymechplast Ma has changed from mildly bullish to mildly bearish. The weekly MACD indicates a mildly bullish stance, but the monthly MACD is bearish, suggesting a divergence in momentum over different time frames. The Bollinger Bands are bearish on both weekly and monthly charts, reinforcing the bearish outlook. Daily moving averages are mildly bearish, while the KST shows a mildly bullish trend on the weekly and bullish on the monthly, indicating some strength in the longer term. Dow Theory reflects a no trend on the weekly and mildly bearish on the monthly, further supporting the bearish sentiment. Overall, the current stance is mildly bearish, driven primarily by the bearish signals from Bollinger Bands and moving averages.

Has Polymechplast Ma declared dividend?

Yes, Polymechplast Machines Ltd has declared a 10% dividend, amounting to ₹1 per share, with an ex-date of September 13, 2024. The dividend yield is 1.65%, and while recent returns have varied, the company has shown significant long-term price appreciation alongside dividend payments.

Polymechplast Machines Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1 per share<BR>- Ex-date: 13 Sep 24<BR><BR>Dividend Yield: 1.65%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -16.0%, with a dividend return of 0%, resulting in a total return of -16.0%.<BR><BR>Over the past year, the price return was 9.8%, the dividend return was 1.69%, leading to a total return of 11.49%.<BR><BR>In the 2-year period, the price return was 0.15%, the dividend return was 3.33%, which culminated in a total return of 3.48%.<BR><BR>For the 3-year period, the price return was -11.06%, with a dividend return of 4.77%, resulting in a total return of -6.29%.<BR><BR>In the 4-year span, the price return was 3.21%, the dividend return was 7.06%, giving a total return of 10.27%.<BR><BR>Over the last 5 years, the price return was 189.38%, with a dividend return of 23.82%, leading to a total return of 213.2%.<BR><BR>Overall, Polymechplast Machines Ltd has declared a dividend, contributing positively to total returns over various periods, especially in the longer term, where significant price appreciation has been observed alongside dividend payments.