What is Polymac Thermoformers Ltd (537573) share price return in the past 10 years?

Polymac Thermoformers Ltd share price has declined -1.4% annually (CAGR) over the past ten years.

What is the share price of Polymac Thermoformers Ltd (537573)?

Company share prices are keep on changing according to the market conditions. The current trading price of Polymac Thermoformers Ltd (537573) on 01-Jun-2026 16:59:59 at 16:59 is 13.68.

What is the P/E ratio of Polymac Thermoformers?

The latest standalone P/E ratio of Polymac Thermoformers as of 01-Jun-2026 is 594.66.

What is the P/B ratio of Polymac Thermoformers Ltd (537573)?

The latest standalone P/B ratio of Polymac Thermoformers Ltd (537573) as of 01-Jun-2026 is 0.62.

What is the 52-week high and low of Polymac Thermoformers Ltd (537573)?

The 52-week high of Polymac Thermoformers Ltd (537573) is Rs. 20.31 and the 52-week low is Rs. 11.74.

Polymac Thermoformers Ltd (537573) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Polymac Thermoformers Ltd (537573)
Brand: Polymac Thermoformers

Polymac Thermoformers Ltd (537573)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 537573 NSE: Plastic Products | Small Cap | Polymac Thermoformer Share Price

Polymac Thermoformers Ltd (537573)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 537573 NSE: Plastic Products | Small Cap | Polymac Thermoformer Share Price

Key Metrics

Valuation Multiples

Market Cap

₹7 Cr.

Current Price

₹13.7

52-Week Low / High

₹12 / 20

TTM EPS

₹0

TTM Sales

₹13.1 Cr.

Book Value per Share

₹22.2

P/E Ratio

594.66

Higher than its 5-year historical median

Industry PE

Price to Book (P/B)

0.62

Lower than its 5-year historical median

Price to Sales (P/S)

0.50

Lower than its 5-year historical median

EV/EBITDA

17.34

Lower than its 5-year historical median

Dividend Yield

0.00%

Profitability Efficiency

Return on Equity (ROE)

0.42%

Underperforms industry median

Return on Capital Employed (ROCE)

2.00%

Underperforms industry median

Return on Assets (ROA)

0.24%

Operating Profit Margin

-2.2%

Net Profit Margin

0.52%

Gross Profit Margin

3.1%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Slowing versus 3-year growth rate

-41.1%

Operating Profit Growth (1 Year)

-272.73%

Net Profit Growth (1 Year)

Improving versus 3-year growth rate

-87.1%

Asset Quality

Promoter Holding

25.21%

Pledged shares (%) of Promoter's holding (%)

0.00%

Reserves

₹6 Cr.

Equity

₹4.8 Cr.

Face Value

₹10

All Time Low / High

₹7.21 / 210.00

Polymac Thermoformers stock performance

Key Ratios

Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Polymac Thermoformers Ltd a good quality company?

Polymac Thermoformers Ltd is a quality company, based on a 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 Polymac Thermoformers Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Polymac Thermoformers Ltd vs industry peers?

Polymac Thermoformers Ltd revenue CAGR is 10.34%, compared to the industry median CAGR of 4.71%, indicating faster growth and gaining its market share.

Q.1 Promoter shareholding and pledge status of Polymac Thermoformers Ltd?

Promoters hold 25.21% of the Polymac Thermoformers Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of Polymac Thermoformers Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of -0.4% based on the current price.

10 Year X-Ray : Login to view analysis.

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 end

Value Creation ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	0.6%	3.1%	-0.5%	1.7%	-0.9%	2.5%	3.5%	2.6%	4%	2%	-
Value Creation Index ⓘ	-1.0	-0.8	-1.0	-0.9	-1.1	-0.8	-0.8	-0.8	-0.7	-0.9	-
Growth Parameters ⓘ
Sales ⓘ	1.5	2.6	3.9	6.7	5.2	6.1	7.2	8.8	14.6	8.6	13
Sales YoY Gr.	-	77.7%	48.7%	72.1%	-22.1%	17.2%	16.9%	22.6%	65.3%	-41.1%	-
Adj EPS ⓘ	0	0.5	-0.2	0.2	-0.5	0	1.1	0.9	0.6	0.1	0
YoY Gr.	-	1466.7%	-144.7%	NA	-317.4%	NA	10400%	-10.5%	-31.9%	-85.9%	-
BVPS (₹) ⓘ	21.8	22.3	22.1	22.3	21.8	22	23.1	21.5	22.1	22.2	22.2
Adj Net Profit ⓘ	0	0.2	-0.1	0.1	-0.2	0	0.5	0.5	0.3	0	0
Cash Flow from Ops. ⓘ	-0.4	0.7	-0.6	-1.9	0.7	-0.6	-25.5	25.3	-1.5	0	-
Debt/CF from Ops. ⓘ	-3.3	2.1	-0.9	-0.7	2	-2.6	-1.1	0.3	-1.1	110.5	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	21.6%	10.3%	6.1%	-41.1%
Adj EPS ⓘ	13%	NA	-55.9%	-85.9%
BVPSⓘ	0.2%	0.4%	-1.2%	0.4%
Share Price	-1.4%	12.1%	-26.1%	-9%

Key Financial Parameters ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	0.1	2.2	-0.9	1	-2.3	0	4.7	4.2	3	0.4	0.1
Op. Profit Mgn % ⓘ	-95.2	-170.5	-17.2	-0.1	-9.9	-6.7	-0.4	-10	0.7	-2.2	-73
Net Profit Mgn % ⓘ	1	8.6	-2.6	1.6	-4.6	0.1	7	5.1	2.1	0.5	0.1
Debt to Equity ⓘ	0.1	0.1	0.1	0.1	0.1	0.2	2.6	0.7	0.1	0.2	-
Working Cap Days ⓘ	2,852	1,670	1,020	566	761	631	1,186	931	307	656	0
Cash Conv. Cycle ⓘ	318	209	160	149	221	185	195	159	76	118	0

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	1.48	2.63	3.91	6.73	5.24	6.14	7.18	8.80	14.55	8.57
Operating Expenses ⓘ +	2.89	7.12	4.58	6.74	5.77	6.55	7.21	9.68	14.44	8.76
Manufacturing Costs	0.87	4.07	0.30	1.10	0.76	1.28	1.40	2.25	3.41	2.19
Material Costs	1.50	2.46	3.11	4.74	3.96	4.34	4.82	6.27	7.24	5.42
Employee Cost	0.40	0.38	0.86	0.57	0.57	0.52	0.52	0.63	0.60	0.65
Other Costs ⓘ	0.11	0.22	0.31	0.34	0.47	0.40	0.47	0.54	3.19	0.49
Operating Profit ⓘ	-1.41	-4.49	-0.67	-0.01	-0.53	-0.41	-0.03	-0.88	0.11	-0.19
Operating Profit Margin (%)	-95.2%	-170.0%	-17.2%	-0.1%	-10.1%	-6.7%	-0.4%	-10.0%	0.7%	-2.2%
Other Income ⓘ +	1.62	4.96	0.71	0.29	0.55	0.79	1.06	1.81	0.67	0.63
Exceptional Items ⓘ	0	0	0	0	0	0.02	0	0	0	0
Interest ⓘ	0.05	0.06	0.04	0.06	0.12	0.10	0.25	0.14	0.16	0.17
Depreciation ⓘ	0.14	0.10	0.09	0.09	0.12	0.10	0.13	0.17	0.19	0.20
Profit Before Tax ⓘ	0.02	0.31	-0.10	0.13	-0.22	0.20	0.65	0.61	0.42	0.07
Tax ⓘ	0	0.08	0	0.02	0.03	0.09	0.15	0.16	0.11	0.03
Profit After Tax	0.02	0.23	-0.10	0.11	-0.24	0.11	0.50	0.45	0.31	0.04
PAT Margin (%)	1.0%	8.6%	-2.4%	1.6%	-4.7%	1.8%	7.0%	5.1%	2.1%	0.5%
Adjusted EPS (₹)	0.0	0.5	-0.2	0.2	-0.5	0.2	1.1	0.9	0.6	0.1
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Valuation of Polymac Thermoformer - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	10.41	10.64	10.54	10.65	10.41	10.52	11.02	10.27	10.58	10.62
Share Capital ⓘ	4.78	4.78	4.78	4.78	4.78	4.78	4.78	4.78	4.78	4.78
Reserves ⓘ	5.63	5.86	5.76	5.87	5.63	5.74	6.24	5.48	5.79	5.84
Debt +	1.28	1.41	0.52	1.29	1.28	1.56	28.29	6.53	1.53	1.67
Long Term Debt	0	0	0	0	0	0.33	0.10	0.04	1.53	1.67
Short Term Debt	1.28	1.41	0.52	1.29	1.28	1.22	28.20	6.49	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	0.45	0.56	0.59	0.26	0.43	0.29	0.64	0.28	3.02	3.49
Others Liabilities ⓘ	1.42	2.26	0.22	0.28	0.22	0.36	0.86	1.19	3.78	2.75
Total Liabilities ⓘ	13.56	14.87	11.87	12.49	12.33	12.72	40.81	18.27	18.91	18.53
Fixed Assets
Net Fixed Assets ⓘ +	0.99	1.03	0.94	1.06	1.20	1.20	2	2.04	2.23	2.69
Gross Block	2.72	2.88	2.65	1.06	3.13	3.22	4.15	4.37	4.76	5.41
Accumulated Depreciation	1.74	1.85	1.71	0	1.92	2.02	2.15	2.33	2.53	2.72
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investments ⓘ	0.54	1.62	1	0.05	0.22	0.88	1.03	0.69	0.77	0.78
Inventories	1.73	1.44	1.71	2.55	2.43	3.04	3.21	3.15	4.31	5.05
Trade Receivables	-0.37	0.60	0.57	1.49	0.52	0.89	1.47	0.79	1.53	0.41
Cash Equivalents	0.01	0.15	0.15	0.28	0.14	0.18	1.57	6.85	0.10	0.04
Others Assets ⓘ	10.66	10.02	7.50	7.06	7.82	6.53	31.52	4.74	9.97	9.56
Total Assets ⓘ	13.56	14.87	11.87	12.49	12.33	12.72	40.81	18.27	18.91	18.53

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	-0.38	0.68	-0.60	-1.94	0.65	-0.60	-25.49	25.34	-1.45	0.02
PBT ⓘ	0.02	0.31	-0.10	0.13	-0.22	0.18	0.65	0.60	0.42	0.07
Adjustment ⓘ	-0.49	0.12	-0.09	-0.11	-0.29	-0.38	-0.68	-1.49	-0.30	-0.26
Changes in Working Capital ⓘ	0.02	0.24	-0.42	-1.89	1.19	-0.32	-25.43	26.22	-1.43	0.2
Tax Paid ⓘ	0.07	0.02	0	-0.08	-0.03	-0.09	-0.03	0	-0.13	0
Cash Flow From Investing Activity ⓘ +	-0.33	-0.57	-5.89	1.43	-0.68	0.46	-0.03	1.92	0.18	-0.04
Capex	-0.07	0	0.05	-0.22	-0.27	-0.10	-0.93	-0.21	-0.39	-0.66
Net Investments	0.08	-1.08	-5.81	0.95	-0.17	-0.02	-0.15	0.34	-0.08	-0.01
Others ⓘ	-0.34	0.51	-0.13	0.70	-0.25	0.57	1.05	1.79	0.65	0.63
Cash Flow From Financing Activity ⓘ +	0.56	-0.07	6.49	0.64	-0.11	0.19	26.91	-21.97	-5.49	-0.03
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0.12	-0.06	6.49	-0.07	0	0	-0.24	-0.06	1.49	0.14
Interest Paid ⓘ	-0.05	-0.05	0	-0.06	-0.10	-0.09	-0.24	-0.13	-0.16	-0.17
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0.50	0.03	-0	0.77	-0.01	0.28	27.39	-21.79	-6.83	0
Net Cash Flow ⓘ	-0.15	0.04	-0	0.13	-0.14	0.05	1.39	5.29	-6.76	-0.06

Financial Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	0.14	2.16	-0.9	1.02	-2.32	1.05	4.65	4.21	2.96	0.42
ROCE (%)	0.63	3.11	-0.45	1.65	-0.86	2.52	3.48	2.63	3.97	2
Asset Turnover Ratio	0.11	0.19	0.29	0.55	0.42	0.49	0.27	0.3	0.78	0.46
PAT to CFO Conversion(x)	-19	2.96	N/A	-17.64	N/A	-5.45	-50.98	56.31	-4.68	0.5
Working Capital Days
Receivable Days	-37.30	16	54.60	55.80	70	41.90	60	46.80	29.10	41.30
Inventory Days	386.40	220.20	147.20	115.30	173.30	162.50	158.80	131.90	93.60	199.30
Payable Days	80.90	75	67.10	32.70	31.90	30.20	35.10	26.80	83.30	219.40

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Polymac Thermoformers Ltd FAQs

The current trading price of Polymac Thermoformer on 01-Jun-2026 16:59 is ₹13.68.

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 31-May-2026 the market cap of Polymac Thermoformer stood at ₹6.54 Cr

The latest P/E ratio of Polymac Thermoformer as of 31-May-2026 is 594.7.

The latest P/B ratio of Polymac Thermoformer as of 31-May-2026 is 0.62.

The 52-week high of Polymac Thermoformer is ₹20.31 and the 52-week low is ₹11.74.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Polymac Thermoformer is ₹13.14 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Polymac Thermoformers Ltd is a below average quality company.

The key valuation ratios of Polymac Thermoformers Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Polymac Thermoformers Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Polymac Thermoformers Ltd

Polymac Thermoformers was originally incorporated in Kolkata as â€˜Polymac Thermoformers Private Limitedâ€™ on December 17, 1999 under the Companies Act, 1956 vide certificate of incorporation issued by the Registrar of Companies, West Bengal. The company was converted in to a public limited company and consequently the name was changed to â€œPolymac Thermoformers Limited' vide fresh certificate of incorporation dated August 26, 2013 issued by the Registrar of Companies, West Bengal.

Business area of the company

The company is engaged in the business of manufacturing disposable plastic products such as plastic glasses, cups, bowls. The company has evolved in 1999 and in 2001 and has set up its manufacturing facility which is situated at Dankuni, Dankuni Coal Complex, Hoogly.

In modern era of fast food industry, there is a thirst of disposable utensil such as glass, cups, bowls etc which are rapidly replacing conventional utensils. These disposable plastic utensils are fast replacing conventional glasses, cups etc. These disposable plastic utensils are manufactured by thermoforming technique and are increasingly used in Ice cream industry, hotels, restaurants, canteens, etc. against conventional glass-wares or ceramic cups. The company manufactured disposable cups, glasses are mainly used for food items and are made out of polypropylene or polystyrene sheets.

Major Events and Milestones

December 1999: Incorporation of the company in the name and style of â€œPolymac Thermoformers Private Limitedâ€.
March 2001: Control of company acquired by Puspjeet Kumar.
April 2001: Acquisition of leasehold rights of 23.75 Satak of land situated at Dankuni, P.O.-Dankuni Coal Complex, Dist.-Hoogly.
August 2013: Conversion of company from private limited to public limited.

Polymac Thermoformers Ltd (537573)

Polymac Thermoformers Ltd (537573)

Polymac Thermoformers stock performance

Check Before You Invest

M-Cap below 100cr DeciZen not available

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Polymac Thermoformer - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Polymac Thermoformers Ltd FAQs

About Polymac Thermoformers Ltd

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Polymac Thermoformers Ltd (537573)

Polymac Thermoformers Ltd (537573)

Polymac Thermoformers stock performance

Check Before You Invest

M-Cap below 100cr DeciZen not available

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Polymac Thermoformer - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Polymac Thermoformers Ltd FAQs

What is the share price of Polymac Thermoformer?

What is the market cap of Polymac Thermoformer?

What is the P/E ratio of Polymac Thermoformer?

What is the P/B ratio of Polymac Thermoformer?

What is the 52-week high and low of Polymac Thermoformer?

What is the TTM revenue of Polymac Thermoformer?

Is Polymac Thermoformers Ltd a good quality company?

Is Polymac Thermoformers Ltd undervalued or overvalued?

Is Polymac Thermoformers Ltd a good buy now?

About Polymac Thermoformers Ltd

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.