Axel Polymers Ltd. · CashKonnect

About

Axel Polymers Limited engages in the manufacture and sale of engineering polymer compounds, blends and, alloys in India. It offers PBT, polycarbonate, mPPE, nylon, styrene, polypropylene, and utility compounds. The company also trades in polymer compounds. It serves automotive, electrical and electronics, water management, consumer appliances, engineering applications, and construction industries. Axel Polymers Limited was incorporated in 1992 and is based in Mumbai, India.

Key Metrics

as of Sep 2026

Market Cap54 Cr

P/E—

Div Yield0.00 %

Book Value₹22.90

52w High₹60.00

52w Low₹36.70

Face Value₹10.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	16.20	13.12	8.86	10.72	11.70	14.33	11.11	13.87	42.24	37.28	38.65	30.92	25.81
Expenses	15.14	12.88	8.59	9.79	10.70	11.03	10.95	13.72	41.93	35.85	37.18	29.53	24.28
Operating Profit	1.06	0.24	0.27	0.93	1.00	3.30	0.16	0.15	0.31	1.43	1.47	1.39	1.53
OPM %	6.54	1.83	3.05	8.68	8.55	23.03	1.44	1.08	0.73	3.84	3.80	4.50	5.93
Other Income	0.02	0.05	0.03	0.02	0.01	0.09	0.01	0.01	0.03	0.01	0.01	0.01	0.01
Depreciation	0.15	0.28	0.15	0.15	0.15	0.20	0.12	0.12	0.12	0.34	0.12	0.12	0.12
Interest	0.75	0.70	0.77	0.79	0.82	0.82	0.81	0.85	0.75	0.62	0.67	0.78	0.80
Profit before tax	0.18	-0.69	-0.62	0.01	0.04	2.37	-0.76	-0.81	-0.53	0.48	0.69	0.50	0.62
Tax %	0.00	20.29	0.00	0.00	0.00	5.91	0.00	0.00	0.00	114.58	2.90	0.00	0.00
Net Profit	0.18	-0.82	-0.62	0.01	0.04	2.23	-0.76	-0.81	-0.53	-0.07	0.67	0.50	0.62
EPS in Rs	0.16	-0.75	-0.56	0.01	0.05	2.62	-0.89	-0.95	-0.62	-0.08	0.79	0.59	0.73

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	44.40	78.09	127.92	82.65	72.91	48.32	22.90	24.37	26.97	21.94	18.53	16.19
Expenses	41.97	74.13	122.12	77.53	68.80	44.41	21.51	22.71	25.65	20.81	17.37	14.74
Operating Profit	2.43	3.96	5.80	5.12	4.11	3.91	1.39	1.66	1.32	1.13	1.16	1.45
OPM %	5.47	5.07	4.53	6.19	5.64	8.09	6.07	6.81	4.89	5.15	6.26	8.96
Other Income	0.12	0.14	0.04	0.28	0.55	0.40	0.02	0.02	0.04	0.27	0.08	0.04
Interest	3.08	3.23	2.85	3.16	2.84	3.32	0.97	0.91	0.79	0.93	0.84	0.88
Depreciation	0.73	0.56	0.70	0.54	0.48	0.42	0.36	0.33	0.28	0.21	0.25	0.48
Profit before tax	-1.26	0.31	2.29	1.70	1.34	0.57	0.08	0.44	0.29	0.26	0.15	0.13
Tax %	-9.52	41.94	31.88	30.59	31.34	-15.79	-12.50	-6.82	17.24	15.38	0.00	0.00
Net Profit	-1.13	0.17	1.56	1.18	0.92	0.66	0.09	0.47	0.23	0.22	0.15	0.12
EPS in Rs	-1.03	0.20	1.83	1.39	1.08	1.53	0.21	1.09	0.53	0.51	0.35	0.28
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	11.00	8.52	8.52	8.52	8.52	8.52	4.30	4.30	4.30	4.30	4.30	4.30
Reserves	14.24	6.62	6.47	5.01	3.81	2.90	-2.31	-2.37	-2.84	-3.09	-3.29	-3.44
Borrowings	29.84	34.08	25.67	25.19	25.94	25.90	7.46	7.55	7.46	5.69	5.46	4.38
Other Liabilities	15.17	18.20	23.56	16.50	17.09	14.25	6.86	5.06	6.30	6.96	6.66	10.22
Total Liabilities	70.25	67.42	64.22	55.22	55.36	51.57	16.31	14.54	15.22	13.86	13.13	15.46
Fixed Assets	10.00	10.18	9.77	8.84	7.71	7.83	3.66	3.86	3.60	3.50	2.81	3.03
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.30
Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	60.25	57.24	54.45	46.38	47.65	43.74	12.65	10.68	11.62	10.36	10.31	12.13
Total Assets	70.25	67.42	64.22	55.22	55.36	51.57	16.31	14.54	15.22	13.86	13.13	15.46

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	-2.62	-3.66	3.47	5.97	3.20	-1.73	1.22	1.39	-0.62	1.14	-1.77	0.22
Cash from Investing Activity	-0.43	-0.87	-1.59	-1.57	-0.19	-0.01	-0.14	-0.58	-0.34	-0.70	0.20	-0.47
Cash from Financing Activity	4.17	5.69	-1.92	-3.57	-2.81	1.34	-1.08	-0.81	0.97	-0.70	1.08	-0.08
Net Cash Flow	1.13	1.16	-0.05	0.84	0.21	-0.39	0.00	0.00	0.02	-0.27	-0.50	-0.34
Free Cash Flow	-3.16	-4.64	1.84	4.30	2.83	-2.12	1.06	0.79	-1.00	0.28	-1.81	0.17
CFO/OP %	-115.00	-88.00	74.00	122.00	83.00	-41.00	88.00	89.00	-43.00	104.00	-153.00	15.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	78.01	51.56	31.19	33.87	57.02	100.01	33.47	26.36	36.68	33.94	86.08	123.32
Inventory Days	437.38	215.52	125.70	168.33	166.83	218.96	184.09	146.24	113.12	123.25	102.73	127.01
Days Payable	101.63	91.43	71.47	80.23	95.43	125.81	62.21	20.20	19.49	36.63	38.81	175.90
Cash Conversion Cycle	413.76	175.64	85.42	121.97	128.43	193.16	155.35	152.40	130.30	120.56	150.00	74.43
Working Capital Days	115.01	29.91	24.77	30.74	27.78	33.16	18.33	13.33	20.71	12.48	47.27	4.51
ROCE %	3.49	7.88	12.95	12.63	11.06	16.63	11.09	14.67	13.65	17.35	16.91	17.99

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	46.65	46.65	60.26	61.16	61.16	61.16	61.16	61.16	61.26	61.26	61.72	61.90
DIIs	0.18	0.18	0.24	0.24	0.24	0.24	0.24	0.24	0.24	0.24	0.24	0.24
Public	53.16	53.17	39.51	38.61	38.60	38.61	38.61	38.61	38.51	38.51	38.04	37.87
No. of Shareholders	10,109	10,136	10,168	10,067	10,098	10,105	10,139	10,158	10,199	10,221	10,158	10,111

Corporate Actions

No corporate actions recorded.

Announcements

5 filings

Announcement under Regulation 30 (LODR)-Change in Corporate Office Address
01 Sep 2026 1 Sep - Corporate office shifted within Mumbai to Borivali West from September 1, 2026.
Intimation Regarding Shifting Of Place Of Maintenance Of Books Of Account And Relevant Records Of The Company
01 Sep 2026 1 Sep - Books of account shifted to registered office effective 1 Sep 2026; no change in registered office.
Intimation Of Book Closure And Cut-Off Date For The 34Th Annual General Meeting Of Axel Polymers Limited
29 Aug 2026 29 Aug - Book closure from 5–11 September 2026; AGM on 11 September 2026, cut-off date 4 September 2026.
Reg. 34 (1) Annual Report.
25 Aug 2026 25 Aug - Axel Polymers filed a revised 2025-26 Annual Report after correcting a typographical error.
Announcement under Regulation 30 (LODR)-Newspaper Publication
21 Aug 2026 21 Aug - Newspaper Publication of Notice of 34th Annual General Meeting to be held on Friday 11th September, 2026 and E-voting Instructions.