Polymac Thermoformers Ltd
POLYMACBSE
₹11.05▲ +0.00 (+0.00%)
Whole company worth₹5 Cr
Price for ₹1 of profit₹553
1-year range₹7 – ₹20
This price may be out of date. Last traded ₹11.05 on 25 Sept 2026 (25 days ago). Not a live price.
The short version
A steadily growing, thinly profitable business — priced richly for what it earns.
What Polymac Thermoformers does
Incorporated in 1999, Polymac Thermoformers Ltd manufactures disposable plastic glasses, cups, and bowls, etc.
Worked out from Polymac Thermoformers's own filed results and exchange data, in plain words. Where a finance term matters, we say what it means.
01What does it do?
Polymac Thermoformers is a micro-sized company in plastic products - industrial.
Incorporated in 1999, Polymac Thermoformers Ltd manufactures disposable plastic glasses, cups, and bowls, etc.
- Whole company is worth
- ₹5.3 crore
- Shareholders
- 378 people
- Listed since
- 2014
A very small company by stock-market value — prices can swing hard and trading can be thin.
02Is it growing?
Sales have grown 16% a year for 5 years.
At that pace a business doubles in size roughly every 5 years. Profit, though, fell 38% a year over the same stretch.
Point at a bar for exact figures · amounts in ₹ crore
03Does it make money?
Out of every ₹100 it sells, it keeps ₹0.1 as profit.
Here is where the money from Polymac Thermoformers's sales went in FY26, the latest full year it has reported.
₹73
₹23
- ₹73Making or buying what it sellsraw materials, stock, goods bought for resale
- ₹23Running the businessstaff, rent, marketing, power and everything else
- ₹1.5Interest on its loansthe cost of borrowed money
- ₹1.6Wear and tearmachines, stores and buildings losing value over time
- ₹0.4Taxincome tax paid to the government
- ₹0.1Profit it keepswhat is left for the company's owners
On the money its owners have put in
It earns ₹0 a year on every ₹100 its owners have invested.
Bank FD ~₹6–7
₹0
₹-10₹0₹10₹20₹30₹40
That figure is called return on equity (ROE). Under ₹12 is a thin return for the risk of owning shares. For comparison, a bank fixed deposit pays roughly ₹6–7.
Does the profit turn into cash?
For every ₹100 of profit it reported, ₹-858 actually came in as cash.
Profit it reported₹0.4 Cr
Cash its business brought in−₹3.1 Cr
Over the last 3 years: ₹0.4 crore of profit but only −₹3.1 crore of cash. A wide gap like this is worth understanding before trusting the profit figure.
04Is the price high or low?
You pay ₹553 for every ₹1 of profit it makes in a year.
This is the P/E ratio: share price divided by a year's profit per share. A P/E of 553 means buyers are paying for about 553 years of today's profit up front.
The share price over the past year
It is 45% below its highest price of the past year and 65% above its lowest.
05Who owns it?
Its founders and parent group own 25 of every 100 shares — a large stake, though not a majority.
If the company were split into 100 equal shares, this is who would hold them. 378 people and institutions hold its shares.
As filed for the quarter ending 30 Sept 2026. Arrows show the change since the quarter before, in percentage points.
06What is going well, and what to watch
One thing going well, three things worth watching.
Picked out of the numbers above by fixed rules — the same rules for every company — so nothing here is somebody's opinion.
Going well
- Sales have compounded at 16% a year.
Worth watching
- The share price is 553 times a year's profit, so it leans heavily on growth continuing.
- Thinly traded — only about ₹1 lakh of shares change hands a day, so buying or selling can move the price.
- The share price is 45% below its high of the past year.
07What happened lately?
Its latest quarter.
Jan–Mar 2026 is the most recent quarter it has reported. Each figure is compared with the same three months a year earlier, because many businesses sell more in some seasons than others.
Sales
₹8.7 Cr
Loss
₹0.3 Cr
No notable developments in the last few weeks.
Advanced view
Every number, every table, the full chart.
Ten years of statements, quarterly results, peers side by side, technical indicators, analyst estimates, bulk deals and filings.
Ask DoXy
Still have a question about Polymac Thermoformers?
This page describes Polymac Thermoformers using its reported figures and exchange data. It is for information only and is not investment advice or a recommendation to buy, sell or hold. DocStoX is not a SEBI-registered investment adviser or research analyst.
Polymac Thermoformers Ltd (POLYMAC): company summary
The company's revenue grew 53.3% annually, reaching ₹13 crore, but net profit remained at ₹0 crore, with a net profit margin of 0.1%, down from 0.5% the prior year.
Polymac Thermoformers Ltd (POLYMAC) is a micro-cap Industrial Products company valued at ₹5 crore operating in Plastic Products - Industrial on the NSE and BSE.
- Recent price move
- Polymac Thermoformers Ltd last traded at ₹11.05, unchanged on the day.
- Financial performance
- The company's revenue grew 53.3% annually, reaching ₹13 crore, but net profit remained at ₹0 crore, with a net profit margin of 0.1%, down from 0.5% the prior year. In the latest quarter, revenue rose 85.1% year-on-year to ₹9 crore, while the net loss narrowed from ₹1 crore to ₹0 crore.
- Valuation multiples
- The stock trades at 552.5 times earnings, 0.55 times book value.
- Things to watch
- The company has reported zero net profit for the latest fiscal year and the latest quarter, with a net profit margin of 0.1%. The net loss in the latest quarter was narrower than the previous year's loss, but the company remains unprofitable. The stock is 44.7% below its 52-week high, and the net profit margin has declined by 0.4 percentage points.
- Where it stands
- Polymac Thermoformers Ltd ended its latest fiscal year with zero net profit, despite a 53.3% annual revenue growth. The latest quarter saw a narrowing net loss, but the company remains unprofitable. The stock is 44.7% below its 52-week high, and the net profit margin has fallen to 0.1%.
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.
More Industrial Products stocks · Plastic Products - Industrial
Explore Polymac Thermoformers Ltd’s valuation
Free deep-dive tools · no sign-up
Fair ValueOur fair-value estimate, upside, and Bear/Base/Bull scenarios.Intrinsic ValueGraham & earnings-power intrinsic value with margin of safety.DCFDiscounted cash flow — free cash flow, growth, value per share.ValuationP/E, P/B, earnings yield and the full multiples picture.Financial RatiosProfitability, leverage and efficiency ratios at a glance.PeersHow it stacks up against its closest listed competitors.
Polymac Thermoformers Ltd peers in Industrial Products
Other Industrial Products stocks on the NSE & BSE. See the full Industrial Products sector list.
Related tools & concepts
Value Polymac Thermoformers Ltd with the ratios and calculators DocStoX uses in its analysis.
P/E RatioPrice to earningsReturn on Equity (ROE)ProfitabilityROCECapital efficiencyDebt to EquityLeverageP/B RatioPrice to bookNet Profit MarginBottom-line efficiencyDCF / Intrinsic ValueEstimate fair valueCAGR CalculatorAnnualised returnDividend YieldIncome on pricePosition SizeRisk-based sizingBrokerage CalculatorCharges on a tradeSIP CalculatorSystematic investing