Noble Polymers Ltd

Noble Polymers Ltd (NOBPOL) is a micro-cap Industrials company valued at ₹13 crore operating in Industrial Products on the NSE and BSE.

Recent price move

Noble Polymers Ltd last traded at ₹20.99, modestly up 1.99% on the day.

Recent developments

On 2026-09-25, the company announced a dividend of ₹0.05 per share, ex-date. In the latest quarter, revenue reached ₹11 crore, up from ₹0 crore in the same quarter a year earlier, indicating a strong recovery in recent months.

Financial performance

The company's business has improved significantly in the latest quarter, with net profit rising 676.9% to ₹1 crore compared to ₹0 crore a year earlier. However, annual net profit swung from a profit of ₹3 crore to a loss of ₹2 crore, and return on equity and return on capital employed are both negative at -34.0% and -31.4%, respectively.

Valuation multiples

A price-to-earnings ratio is not meaningful here because the company is loss-making; the stock trades at 1.50 times book value.

Things to watch

The company reported a net loss of ₹2 crore in its latest financial year, despite a profitable latest quarter. Return on equity and return on capital employed are negative, suggesting poor profitability. The stock is at its 52-week high, but annual net profit has swung to a loss, raising concerns about sustainability.

Where it stands

Noble Polymers Ltd ended the latest quarter with a net profit of ₹1 crore, up 676.9% from the previous year, but reported a net loss of ₹2 crore for the full fiscal year. The stock is at its 52-week high, but the company's financials show a significant swing from profit to loss, highlighting instability.

Summarised by DocStoX's model on 2026-10-18 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.