Key Metrics 
Check Before You Invest 
10 Yrs X-Ray 
Valuation 
Analyst Note 
Qtr. Results 
Financials 
News 
About
Bai-Kakaji Polymers Ltd (544670)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544670 NSE: Plastic Products | Small Cap | Bai-Kakaji Polymers Share Price
₹302 -3.95 (-1.29%)
As on 23-Sep'26 14:54
Bai-Kakaji Polymers Ltd (544670)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544670 NSE: Plastic Products | Small Cap | Bai-Kakaji Polymers Share Price
₹302 -3.95 (-1.29%)
As on 23-Sep'26 14:54
Key Metrics
Valuation Multiples
Market Cap
₹655 Cr.
Current Price
₹302
52-Week Low / High
₹143 / 329
TTM EPS
₹12.6
TTM Sales
₹365 Cr.
Book Value per Share
₹82.1
P/E Ratio
24.28
Higher than its 5-year historical median
Industry PE
36.7
Price to Book (P/B)
3.73
Higher than its 5-year historical median
Price to Sales (P/S)
1.80
Higher than its 5-year historical median
EV/EBITDA
11.52
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
23.54%
Return on Capital Employed (ROCE)
21.72%
Return on Assets (ROA)
11.19%
Operating Profit Margin
13.4%
Net Profit Margin
7.4%
Gross Profit Margin
14.9%
Growth Momentum
1-yr vs 3-yr growth
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
8.85%
Operating Profit Growth (1 Year)
-
43.89%
Net Profit Growth (1 Year)
-
48.49%
Asset Quality
Promoter Holding
74.07%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹154 Cr.
Equity
₹21.4 Cr.
Face Value
₹10
All Time Low / High
₹143.10 / 328.90
Check Before You Invest
Quality
Not GoodValuation
Somewhat OvervaluedCheck Valuation charts
Price Trend
Weak
Is Bai-Kakaji Polymers Ltd a good quality company?
Bai-Kakaji Polymers Ltd is a weak quality company, based on a inconsistent multi-year financial track record.
This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.
We have analysed the performance of the company on the following:
-
How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
-
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
-
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.
How does Bai-Kakaji Polymers Ltd performance compare with that of its Peers?
Revenue growth of Bai-Kakaji Polymers Ltd vs industry peers?
Bai-Kakaji Polymers Ltd revenue CAGR is %, compared to the industry median CAGR of 0%, indicating stable growth and maintaining its market share.
Promoter shareholding and pledge status of Bai-Kakaji Polymers Ltd?
Promoters hold 74.07% of the Bai-Kakaji Polymers Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Stock return of Bai-Kakaji Polymers Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.
10 Year X-Ray :
Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year endData adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
What is a Financial Track Record? How to read this chart in order to understand the data present here?
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Bai-Kakaji Polymers Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Value Creation ⓘ
| Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|
| ROCE % ⓘ | 11.8% | 13.2% | 20.7% | 26.3% | 23.1% | - |
| Value Creation Index ⓘ | -0.2 | -0.1 | 0.5 | 0.9 | 0.7 | - |
Growth Parameters ⓘ |
||||||
| Sales ⓘ | 193 | 273 | 295 | 325 | 354 | 354 |
| Sales YoY Gr. | - | 41.1% | 8% | 10.4% | 8.9% | - |
| Adj EPS ⓘ | 2.6 | 2.5 | 5.9 | 11.4 | 12.3 | 12.3 |
| YoY Gr. | - | -0.8% | 132.3% | 93.2% | 7.5% | - |
| BVPS (₹) ⓘ | 13.9 | 16.5 | 22.5 | 34 | 81.8 | 81.8 |
| Adj Net Profit ⓘ | 4 | 4 | 9.3 | 18 | 26.3 | 26 |
| Cash Flow from Ops. ⓘ | 7.5 | 13 | 21.4 | -9.9 | 29.2 | - |
| Debt/CF from Ops. ⓘ | 6.3 | 3.5 | 1.9 | -11 | 1.1 | - |
CAGR ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 9.1% | 8.9% | ||||
| Adj EPS ⓘ | NA | NA | 69% | 7.5% | ||||
| BVPSⓘ | NA | NA | 70.5% | 140.6% | ||||
| Share Price | - | - | - | - | ||||
Key Financial Parameters ⓘ
| Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 18.5 | 16.7 | 30.3 | 40.4 | 23 | 15 |
| Op. Profit Mgn % ⓘ | 6.6 | 5.3 | 7.1 | 10.4 | 13.6 | NAN |
| Net Profit Mgn % ⓘ | 2.1 | 1.5 | 3.2 | 5.5 | 7.4 | 7.4 |
| Debt to Equity ⓘ | 2.2 | 1.8 | 1.2 | 2 | 0.2 | - |
| Working Cap Days ⓘ | 0 | 59 | 61 | 82 | 109 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 40 | 42 | 51 | 59 | 0 |
Valuation of Bai-Kakaji Polymers - Consolidated
Analyst's Notes
No data found!
Management X-Ray
Shareholding Pattern
Promoter's Holding & Share Pledging
| Pledged * | 0.00 | 0.00 |
* Pledged shares as % of Promoter's holding (%)
Financials
| PARTICULARS | Mar'25 | Mar'26 |
|---|---|---|
| Sales | 325 | 365 |
| Operating Expenses ⓘ + | 291 | 316 |
| Operating Profit ⓘ | 34 | 49 |
| Operating Profit Margin (%) | 10.4% | 13.4% |
| Other Income ⓘ + | 6 | 14 |
| Interest ⓘ | 5 | 8 |
| Depreciation ⓘ | 8 | 18 |
| Profit Before Tax ⓘ | 26 | 36 |
| Tax ⓘ | 8 | 9 |
| Profit After Tax | 18 | 27 |
| PAT Margin (%) | 5.6% | 7.4% |
| Adjusted EPS (₹) | 11.5 | 12.6 |
| Dividend Payout Ratio (%) | 0% | 0% |
| PARTICULARS | Mar'25 | Mar'26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | |||||||||||
| Shareholders Fund + | 54 | 176 | |||||||||
| Debt + | 105 | 64 | |||||||||
| Minority Interest | 0 | 0 | |||||||||
| Trade Payables | 13 | 25 | |||||||||
| Others Liabilities ⓘ | 30 | 15 | |||||||||
| Total Liabilities ⓘ | 202 | 281 | |||||||||
Fixed Assets | |||||||||||
| Net Fixed Assets ⓘ + | 103 | 144 | |||||||||
| CWIP ⓘ | 0 | 6 | |||||||||
| Investments ⓘ | 0 | 0 | |||||||||
| Inventories | 41 | 51 | |||||||||
| Trade Receivables | 31 | 39 | |||||||||
| Cash Equivalents | 1 | 3 | |||||||||
| Others Assets ⓘ | 27 | 38 | |||||||||
| Total Assets ⓘ | 202 | 281 | |||||||||
| PARTICULARS | Mar'25 | Mar'26 |
|---|---|---|
| Cash Flow From Operating Activity ⓘ + | -10 | 28 |
| Cash Flow From Investing Activity ⓘ + | -63 | -73 |
| Cash Flow From Financing Activity ⓘ + | 74 | 45 |
| Net Cash Flow ⓘ | 0 | 0 |
| PARTICULARS | Mar'25 | Mar'26 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 33.93 | 23.54 | ||||||||
| ROCE (%) | 19.28 | 21.72 | ||||||||
| Asset Turnover Ratio | 1.61 | 1.51 | ||||||||
| PAT to CFO Conversion(x) | -0.56 | 1.04 | ||||||||
| Working Capital Days | ||||||||||
| Receivable Days | 34.20 | 34.80 | ||||||||
| Inventory Days | 45.70 | 45.90 | ||||||||
| Payable Days | 19 | 26.80 | ||||||||
Top 5 Mutual Funds Holding
Last Visited Stocks
Announcements
Bai-Kakaji Polymers Ltd FAQs
The current trading price of Bai-Kakaji Polymers on 23-Sep-2026 14:54 is ₹302.0.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 22-Sep-2026 the market cap of Bai-Kakaji Polymers stood at ₹654.9 Cr
The latest P/E ratio of Bai-Kakaji Polymers as of 22-Sep-2026 is 24.87.
The latest P/B ratio of Bai-Kakaji Polymers as of 22-Sep-2026 is 3.74.
The 52-week high of Bai-Kakaji Polymers is ₹328.9 and the 52-week low is ₹143.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Bai-Kakaji Polymers is ₹354 ( Cr.) .
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Bai-Kakaji Polymers Ltd is a below average quality company.
The key valuation ratios of Bai-Kakaji Polymers Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Bai-Kakaji Polymers Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
About Bai-Kakaji Polymers Ltd
Bai Kakaji Polymers was originally incorporated as a private limited company under the name Harikishan Minerals Private Limited on July 30, 2013. Subsequently, the name of the company was changed to Bai-Kakaji Polymers Private Limited pursuant to a special resolution passed by the shareholders on March 30, 2015. The company was later converted into a public limited company following a special resolution passed by the shareholders at the Extraordinary General Meeting held on March 18, 2025. As a result, the name of the company was changed from Bai-Kakaji Polymers Private Limited to Bai-Kakaji Polymers Limited on April 09, 2025.
The company is primarily engaged in the business of manufacturing of PET preforms, Plastic caps and closures. These are important parts of packaging used in many consumer products. Its products find diverse applications across various industries including packaged drinking water, carbonated beverages, juices and dairy products. All its products go through strict quality checks to make sure they meet the required standards. The company has grown into a larger company focused on making PET bottle caps in different shapes, sizes, and colours, along with cap handles used in many applications.
It also offers shrink and adhesive films to support its existing customers with a complete packaging solution. The company is certified with ISO 9001:2015 by Euro UK Accreditation Licensing Services, Austria. This certification covers the manufacturing, packing, and dispatch of PP/HDPE caps and closures (using compression and injection moulding) and PET preforms (using injection moulding) for the food and beverage industry.
Business area of the company
The company is primarily engaged in the business of manufacturing of PET preforms, Plastic caps and closures. Its products find diverse applications across various industries including packaged drinking water, carbonated beverages, juices and dairy products.
Products of the company
Caps and Closures
- Alaska Water Cap
- Short Neck Water Cap
- Short Neck Juice Cap
- CSD Cap 1881 with Liner
- CSD Cap 1881 without Liner
- Juice Cap Single Piece
- Bottle Cap
PREFORMS
- Pet Preforms
Awards, accreditations and recognition
- January 19, 2023: The company honoured by Modern Plastics in Mumbai as the ‘Fastest Growing Regional PET Preform Manufacturer’.
History and milestones
- 2013-14: Incorporation of the company.
- 2019-20: Crossed Revenue of Rs 100 crore.
- 2022-23: Crossed Revenue of Rs 200 crore.
- 2024-25: Company converted from Private Limited Company to Public Limited Company.
- 2024-25: Acquisition of Bai -Kakaji Industries a solo proprietorship firm.
You have 49 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
