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Polytex India financials and balance sheet

BSE: 512481FinanceSmall Cap

Last close ₹4.43down ₹0.23 (4.94%)

Share price at the BSE close on 19 Oct 2026. Previous close ₹4.66.

52-week range of traded prices to 19 Oct 2026
₹3.92Low, 27 Jul 2026₹6.52High, 16 Mar 2026
Market cap
₹5.98 Cr4,858th largest listed
P/E
Lossover the last 12 months
P/B
2.6
Dividend yield
Nonein the last 12 months
ROE
−5.8%
ROCE
−5.1%
Debt to equity
0.12
Volume, BSE
388

10 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.Polytex India annual reports

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
Peak revenue ₹1.08 Cr, year to Mar 2021A loss in 5 of the 10 years shown

Operating and net margin, per cent

  • Operating margin
  • Net margin

Results for the year to Mar 2026

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

From revenue to net profit

  1. Revenue0.0
  2. Employee costs0.0
  3. Other expenses−0.1
  4. Operating profit−0.1
  5. Depreciation0.0
  6. Other income0.0
  7. One-off items0.0
  8. Finance costs0.0
  9. Profit before tax−0.1
  10. Tax0.0
  11. Net profit−0.1

What the company owns

  • Current investments₹3 Cr
  • Cash and bank₹0 Cr
  • Plant, investments and other assets₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹2 Cr
  • Borrowings₹0 Cr
  • Owed to suppliers₹0 Cr
  • Other liabilities₹0 Cr

Profit and loss

Standalone, ₹ crore, years to March.Polytex India quarterly results

₹ croreMar 2017Mar 2018Mar 2019Filed 20 MayMar 2020Filed 6 JulMar 2021Filed 7 JulMar 2022Filed 14 JunMar 2023Filed 26 MayMar 2024Filed 20 JunMar 2025Filed 12 JunMar 2026Filed 23 Jul
Revenue from operations0.790.770.730.751.080.180.000.000.000.00
––––0.55–––0.110.14
Materials and goods bought––0.000.000.000.000.000.000.000.00
Employee costs––––0.13–––0.010.02
Other expenses––––0.42–––0.090.12
Operating profit before depreciation––––0.52–––−0.11−0.14
Operating margin––––48.6%–––––
Materials, % of revenue––––0.0%–––––
Employee costs, % of revenue––––12.3%–––––
Other expenses, % of revenue––––39.2%–––––
Depreciation and amortisation–––0.000.000.000.000.000.000.00
Operating profit after depreciation––––0.52–––−0.11−0.14
Other income0.000.000.000.000.000.000.000.000.000.00
Finance costs––0.000.000.000.000.000.000.000.01
One-off items–––0.000.000.000.000.000.000.00
Profit before tax0.190.260.130.070.53−0.82−0.15−0.16−0.11−0.15
0.060.090.030.010.14−0.08−0.080.000.000.00
Net profit0.130.170.100.060.39−0.75−0.07−0.16−0.11−0.15
Net margin16.8%22.0%13.3%7.5%36.1%−425.7%––––
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2017 and Mar 2018: the statement does not state its finance costs or depreciation, which operating profit is worked out from, so operating profit is not given. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2019: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2020, Mar 2022, Mar 2023 and Mar 2024: borrowing is this company's raw material rather than a claim against it, and it has no trading cycle, so netting its debt against its cash, adding its interest bill back to its profit or counting days of inventory are not figures about it.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2019Filed 20 MayMar 2020Filed 6 JulMar 2021Filed 7 JulMar 2022Filed 14 JunMar 2023Filed 26 MayMar 2024Filed 20 JunMar 2025Filed 12 JunMar 2026Filed 23 Jul
15.215.215.62.82.72.62.52.3
Share capital13.513.513.513.513.513.513.513.5
Reserves1.71.72.1−10.7−10.8−10.9−11.0−11.2
0.00.00.00.10.10.20.20.3
0.1–0.3–––0.40.5
0.0–0.0–––0.00.0
Total assets15.318.415.93.13.02.92.92.9
15.3–0.0–––2.90.0
0.0–15.9–––0.12.9
Net debt0.0–−3.1–––0.2−2.6
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there. Net debt is left blank for the years to Mar 2020, Mar 2022, Mar 2023 and Mar 2024: borrowing is this company's raw material rather than a claim against it, and it has no trading cycle, so netting its debt against its cash, adding its interest bill back to its profit or counting days of inventory are not figures about it.

Cash flow

Standalone, ₹ crore, years to March.

₹ croreMar 2021Filed 7 JulMar 2022Filed 14 JunMar 2023Filed 26 MayMar 2024Filed 20 JunMar 2025Filed 12 JunMar 2026Filed 23 Jul
−0.44−1.04−0.14−0.09−0.07−0.07
−0.29–––−0.07−0.07
0.25–––0.040.08
Payables0.05–––0.030.04
Other working capital0.21–––0.000.03
Tax paid−0.15–––0.000.00
Capital spending0.000.000.000.000.000.00
Free cash flow−0.44−1.04−0.14−0.09−0.07−0.07
3.350.910.000.000.000.00
−3.000.13−0.040.060.070.07
Dividends paid0.000.000.000.000.000.00
Shares bought back0.000.000.000.000.000.00
Shares issued0.000.000.000.000.000.00
Net change in cash−0.090.00−0.18−0.030.000.00
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2017, Mar 2018, Mar 2019 and Mar 2020.

Per share

Standalone, ₹ per share, years to March.Polytex India dividend history

₹ per shareMar 2017Mar 2018Mar 2019Filed 20 MayMar 2020Filed 6 JulMar 2021Filed 7 JulMar 2022Filed 14 JunMar 2023Filed 26 MayMar 2024Filed 20 JunMar 2025Filed 12 JunMar 2026Filed 23 Jul
Earnings per share₹0.10₹0.13₹0.07₹0.04₹0.29−₹0.55−₹0.06−₹0.12−₹0.08−₹0.11
Diluted earnings per share₹0.10₹0.13₹0.07₹0.04₹0.29−₹0.55−₹0.06−₹0.12−₹0.08−₹0.11
Book value per share––₹11.28₹11.29₹11.58₹2.09₹2.03₹1.92₹1.84₹1.73
Shareholder yield––––0.0%0.0%0.0%0.0%0.0%0.0%
Market cap at the year end (₹ crore)5.006.221.980.952.977.165.147.287.877.56

Ratios

Standalone, years to March.Polytex India PE ratio and valuation

RatioMar 2018Mar 2019Filed 20 MayMar 2020Filed 6 JulMar 2021Filed 7 JulMar 2022Filed 14 JunMar 2023Filed 26 MayMar 2024Filed 20 JunMar 2025Filed 12 JunMar 2026Filed 23 Jul
Revenue growth−1.9%−4.6%2.7%42.7%−83.7%−100.0%–––
Net profit growth28.0%−42.3%−42.2%587.9%–––––
Earnings per share growth30.0%−46.2%−42.9%625.0%–––––
–0.6%0.4%2.5%−8.1%––––
––−0.3 pts2.1 pts−10.6 pts––––
From the net margin––−0.3 pts1.4 pts−32.2 pts––––
From asset turnover––0.0 pts0.7 pts21.0 pts––––
From borrowing––0.0 pts0.0 pts0.6 pts––––
Return on capital employed–––3.3%–––−4.0%−5.3%
Cash conversion–––−114.6%–––––
Debt to equity–0.00–0.00–––0.090.12
Receivable days–0–0–––––
Working capital days–−29–4,245–––––
Asset turnover–0.050.040.060.020.000.000.000.00
Assets per rupee of net worth–1.001.111.111.031.091.101.161.22
Sales per rupee of plant–128.84–262.44–––0.000.00
Plant being built, % of plant in use––0.0%0.0%––0.0%0.0%0.0%
Debt to equity, interest cover, receivable days, inventory days, payable days, cash conversion cycle, days, return on capital employed and working capital days are left blank for the years to Mar 2020, Mar 2022, Mar 2023 and Mar 2024: borrowing is this company's raw material rather than a claim against it, and it has no trading cycle, so netting its debt against its cash, adding its interest bill back to its profit or counting days of inventory are not figures about it. Interest cover is left blank for the years to Mar 2025 and Mar 2026: operating profit after depreciation is a loss, and a loss covers no interest bill. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2026.

Return on assets, latest year
−5.0%
Measure5 years3 years
Return on capital employed, average–−4.6%
Asset turnover, average0.000.00
Debt to equity, average–0.11

Where the cash came from and went

Standalone: the listed company alone, without its subsidiaries. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ crore5 years3 yearsLatest year
Cash from operations−1.41−0.23−0.07
Cash from investing0.910.000.00
Cash from financing0.290.200.07
Capital spending0.000.000.00
Dividends paid0.000.000.00
Shares bought back0.000.000.00
Shares issued for cash0.000.000.00
Borrowings raised––0.00
Borrowings repaid––0.00

Accounting checks

Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets––––−14.66−6.392.12−2.45−1.21−2.66
Effective tax ratePublished threshold 17.16 per cent30.1634.2425.9116.9426.35–––––
A threshold marked as ours has no published figure; it is the line we read the check against.