Command Polymers Ltd

Command Polymers Ltd (COMMAND) is a micro-cap Industrial Products company valued at ₹20 crore operating in Plastic Products - Industrial on the NSE and BSE.

Recent price move

Command Polymers Ltd last traded at ₹21, unchanged on the day.

Recent developments

2026-09-07: The DocStoX score slightly dropped to 6.3, reflecting a minor shift in the company's evaluation, but the verdict remained 'hold'. 2026-06-30: Promoter holding was recorded at 38.39%, indicating no significant change in ownership structure.

Financial performance

The company's business is improving, with annual revenue rising 2.0% and net profit falling 7.1% despite a 0.5 percentage point drop in net profit margin. The latest quarter saw revenue surge 278.5% compared to the same quarter a year earlier, and net profit jumped 834.1% to ₹4 crore, reversing a previous loss.

Valuation multiples

The stock trades at 35.0 times earnings, 1.22 times book value.

Things to watch

The company's low interest coverage ratio and thin net profit margin could signal financial strain. The recent surge in profits may not be sustainable, as the company has not paid dividends despite reporting profits. The price is 35.7% below its 52-week high, suggesting potential undervaluation or lack of investor confidence.

Where it stands

The DocStoX verdict of 'hold' follows from the company's strong earnings growth but weak business quality and price momentum. The most critical factor is the lack of consistent profitability and dividend payouts, which raise concerns about long-term viability.

Summarised by DocStoX's model on 2026-09-08 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.