Polytex India

how big is Polytex India?

As of May 05, Polytex India Ltd has a market capitalization of 7.00 Cr, categorizing it as a Micro Cap company, with recent quarterly net sales of 0.00 Cr and a net profit of -0.15 Cr. Shareholder's funds are valued at 2.59 Cr, and total assets amount to 2.92 Cr.

Market Cap: As of May 05, Polytex India Ltd has a market capitalization of 7.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, which include Sep'24, Mar'24, Dec'23, and Sep'23, the company reported Net Sales of 0.00 Cr and a Net Profit of -0.15 Cr. This data is based on Standalone financials.<BR><BR>Balance Sheet Snapshot: This is based on Standalone data for the reporting period of Mar'24. The Shareholder's Funds are valued at 2.59 Cr, while Total Assets amount to 2.92 Cr.

How has been the historical performance of the Polytex India?

Polytex India has experienced a significant decline in financial performance since March 2021, with net sales dropping to zero by March 2023-2025, and negative operating and net profits by March 2025. Shareholder's funds and total liabilities have also decreased substantially, indicating a severe downturn and lack of liquidity.

Answer:<BR>The historical performance of Polytex India shows a declining trend in key financial metrics over the years, particularly from March 2021 onwards.<BR><BR>Breakdown:<BR>Polytex India's net sales have significantly decreased from Rs 1.08 crore in March 2021 to Rs 0.00 crore in March 2023, 2024, and 2025. Total operating income followed a similar trend, dropping from Rs 1.08 crore in March 2021 to Rs 0.00 crore in the subsequent years. The company reported an operating profit (PBDIT) of Rs 0.53 crore in March 2021, which turned negative in the following years, reaching -Rs 0.11 crore by March 2025. Profit before tax also declined from Rs 0.53 crore in March 2021 to -Rs 0.11 crore in March 2025. The net profit mirrored this decline, falling from Rs 0.39 crore in March 2021 to -Rs 0.11 crore in March 2025. Shareholder's funds decreased from Rs 15.63 crore in March 2021 to Rs 2.59 crore in March 2024. The total liabilities have also decreased from Rs 15.93 crore in March 2021 to Rs 2.92 crore in March 2024. Cash and cash equivalents have remained at Rs 0.00 crore since March 2022, indicating a lack of liquidity. Overall, the financial data reflects a significant downturn in Polytex India's performance over the years.

Is Polytex India overvalued or undervalued?

As of November 12, 2024, Polytex India is considered undervalued with a PE ratio of 6.08, a PEG ratio of 0.00, and a strong ROE of 20.56%, despite a 48.18% stock decline this year, indicating potential investment opportunities in the Non-Banking Financial Company sector.

As of 12 November 2024, Polytex India has moved from a grade of "does not qualify" to "risky." The company is currently considered undervalued based on its financial metrics. The PE ratio stands at 6.08, significantly lower than its peers, with Life Insurance at 12.54 and Bajaj Finance at 35.01. Additionally, the EV to EBIT and EV to EBITDA ratios are both at -6.25, indicating potential issues with profitability, while the ROE is a relatively strong 20.56%.<BR><BR>In comparison to its peers, Polytex India appears to be undervalued, especially when looking at the PEG ratio of 0.00, which suggests that the stock may be trading at a discount relative to its growth expectations. Despite a challenging year where the stock has declined by 48.18% compared to a 7.63% gain in the Sensex, the valuation metrics suggest that there may be an opportunity for investors looking for value in the Non-Banking Financial Company sector.

What is the technical trend for Polytex India?

As of May 27, 2025, Polytex India exhibits a mildly bearish trend, with bearish indicators across multiple timeframes, including MACD, RSI, and moving averages.

As of 27 May 2025, the technical trend for Polytex India has changed from bearish to mildly bearish. The weekly MACD remains bearish, while the monthly MACD shows a mildly bearish stance. The RSI indicates a bearish condition on the monthly timeframe, with no signal on the weekly. Bollinger Bands and KST both reflect bearish trends on both weekly and monthly charts. Moving averages on the daily timeframe are bearish, and the Dow Theory supports a mildly bearish outlook in both weekly and monthly contexts. Overall, the current technical stance is mildly bearish, driven primarily by the bearish indicators across multiple timeframes.

Who are in the management team of Polytex India?

As of March 2022, the management team of Polytex India includes Arvind Kariya (Whole Time Director & CFO), Ankita Gupta (Company Secretary & Compliance Officer), Jegna Arvind Kariya (Additional Non-Executive Director), and three Independent Directors: Kapil Purohit, Deepa Jayramdas Lakhwani, and Heena Gurmukhdas Kukreja. This team is responsible for the company's operations and governance.

As of March 2022, the management team of Polytex India includes the following individuals:<BR><BR>1. Arvind Kariya - Whole Time Director & CFO<BR>2. Ankita Gupta - Company Secretary & Compliance Officer<BR>3. Jegna Arvind Kariya - Additional Non-Executive Director<BR>4. Kapil Purohit - Independent Director<BR>5. Deepa Jayramdas Lakhwani - Independent Director<BR>6. Heena Gurmukhdas Kukreja - Independent Director<BR><BR>This team oversees the operations and governance of the company.

What does Polytex India do?

Polytex India Ltd is a Micro Cap NBFC established in 1987, focused on investments, trading in shares, and providing short-term loans. As of March 2025, it reported a net profit of 0 Cr and has a market cap of INR 6 Cr.

Overview:<BR>Polytex India Ltd is a Micro Cap company operating in the Non Banking Financial Company (NBFC) sector, primarily engaged in investments and trading in shares and securities, as well as providing short-term loans and advances.<BR><BR>History:<BR>Polytex India Ltd was incorporated in 1987 and is registered with the Reserve Bank of India as a Non Banking Financial Company. The latest quarterly results reported a net profit of 0 Cr for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2025)<BR>Market-cap value: INR 6 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 6.00<BR>Industry P/E: 9<BR>Dividend Yield: 0.00%<BR>Debt Equity: 0.09<BR>Return on Equity: 20.56%<BR>Price to Book: 2.56<BR><BR>Contact Details:<BR>Address: 401 4th Floor Nisarg Apartment, Besant Road Vile parle (West) Mumbai Maharashtra : 400056<BR>Tel: 91-22-67147824/827<BR>Email: polytexindia@gmail.com<BR>Website: http://www.polytexindia.com

Who are the top shareholders of the Polytex India?

The top shareholders of Polytex India are Sadhana Paresh Kariya with 17.41% and Arvind Mulji Kariya with 17.69%. Individual investors hold 23.13%, and there are no pledged promoter holdings or shares held by mutual funds or foreign institutional investors.

The top shareholders of Polytex India include Sadhana Paresh Kariya, who holds the highest promoter stake at 17.41%. The highest public shareholder is Arvind Mulji Kariya, with a holding of 17.69%. Additionally, individual investors collectively hold 23.13% of the company. Notably, there are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors holding shares.

When is the next results date for Polytex India?

The next results date for Polytex India is 14 November 2025.

The next results date for Polytex India is scheduled for 14 November 2025.

Which are the latest news on Polytex India?

Why is Polytex India Ltd falling/rising?

As of 08-Feb, the stock price of Polytex India Ltd is at 5.15, unchanged from the previous day, and has declined by 14.17% year-to-date. The stock is underperforming against the Sensex and shows a persistent downward trend, with significantly decreased investor participation.

As of 08-Feb, the stock price of Polytex India Ltd is currently at 5.15, showing no change from the previous day. The stock has been experiencing a downward trend, as evidenced by its performance over various periods. In the last week, the stock has fallen by 4.98%, and over the past month, it has decreased by 9.65. Year-to-date, the decline is 14.17%. <BR><BR>Additionally, the stock has underperformed compared to the benchmark Sensex, which has increased by 1.59% over the past week and decreased by only 1.74% over the past month. The stock is also trading below its moving averages across all time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a persistent downward trend.<BR><BR>Investor participation has notably decreased, with delivery volume on January 27 dropping by 94.16% compared to the 5-day average. This decline in trading activity suggests a lack of confidence among investors, contributing to the stock's falling price. Overall, these factors indicate that Polytex India Ltd is currently experiencing a decline in its stock price.