Padmanabh Alloys & Polymers Ltd.

About

Padmanabh Alloy & Polymers Limited engages in the manufacture and sale of filled and reinforced thermoplastic compounds and master batches products primarily in India. It provides mineral filled thermoplastic, mineral master batches, synthetic paper master batches, glass reinforced thermoplastic, and other specialty master batches. The company also offers additive master batches for plastic processors. In addition, it provides general compounds, such as talc filled, calcium carbonate filled, glass reinforced, and walostonite filled polypropylene homopolymer and copolymer, as well as EPDM base HD/PP, polypropylene flame-retardant, and other tailormade PP compounds. Further, the company offers engineering plastic products, including glass reinforced nylon and ABS compounds, and polycarbonate-ABS blends and alloys; and masterbatches comprising anti-fibrillation, U.V. based, PP anti-stat, white, polypropylene based black, and other tailormade masterbatches. Its products are used in automobile, furniture, home appliances, electrical switches, agriculture, and office applications. The company was incorporated in 1994 and is based in Surat, India.

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	15.74	12.28	11.02	11.93	10.33	9.22	10.12	10.09	9.61	9.56	10.72	10.65	11.31
Expenses	14.69	11.94	10.95	11.74	10.10	9.01	10.01	9.84	9.43	9.69	10.43	10.12	10.79
Operating Profit	1.05	0.34	0.07	0.19	0.23	0.21	0.11	0.25	0.18	-0.13	0.29	0.53	0.52
OPM %	6.67	2.77	0.64	1.59	2.23	2.28	1.09	2.48	1.87	-1.36	2.71	4.98	4.60
Other Income	0.00	0.00	0.00	0.00	0.00	0.01	0.00	0.00	0.00	0.01	0.01	0.00	0.00
Depreciation	0.05	0.06	0.06	0.05	0.05	0.05	0.05	0.05	0.05	0.04	0.06	0.05	0.04
Interest	0.18	0.11	0.09	0.10	0.11	0.13	0.12	0.10	0.09	0.10	0.09	0.09	0.10
Profit before tax	0.82	0.17	-0.08	0.04	0.07	0.04	-0.06	0.10	0.04	-0.26	0.15	0.39	0.38
Tax %	34.15	-100.00	-100.00	-75.00	485.71	-450.00	16.67	-110.00	175.00	-46.15	0.00	28.21	44.74
Net Profit	0.54	0.35	0.00	0.07	-0.27	0.23	-0.07	0.22	-0.03	-0.15	0.14	0.28	0.21
EPS in Rs	1.00	0.65	0.00	0.13	-0.50	0.42	-0.13	0.41	-0.06	-0.28	0.26	0.52	0.39

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	45.56	39.04	42.24	41.47	28.97	29.27	28.26	34.63	34.34	26.91	28.01	27.22
Expenses	44.74	38.31	41.03	40.59	28.47	28.69	27.17	33.59	33.24	25.76	26.64	25.92
Operating Profit	0.82	0.73	1.21	0.88	0.50	0.58	1.09	1.04	1.10	1.15	1.37	1.30
OPM %	1.80	1.87	2.86	2.12	1.73	1.98	3.86	3.00	3.20	4.27	4.89	4.78
Other Income	0.01	0.02	0.02	0.03	0.01	0.09	0.01	0.04	0.02	0.08	0.03	0.05
Interest	0.41	0.43	0.38	0.38	0.29	0.26	0.26	0.26	0.25	0.28	0.32	0.28
Depreciation	0.21	0.19	0.20	0.14	0.15	0.13	0.13	0.24	0.21	0.07	0.11	0.07
Profit before tax	0.21	0.13	0.65	0.39	0.07	0.28	0.71	0.58	0.66	0.88	0.97	1.00
Tax %	28.57	-84.62	26.15	43.59	57.14	32.14	32.39	15.52	74.24	19.32	0.00	16.00
Net Profit	0.15	0.24	0.48	0.23	0.03	0.18	0.48	0.49	0.18	0.72	0.97	0.84
EPS in Rs	0.28	0.44	0.89	0.42	0.06	0.33	0.89	0.91	0.33	1.33	1.79	1.55
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	5.71	5.71	5.71	5.71	5.71	5.71	5.71	5.71	5.71	5.71	5.71	5.71
Reserves	3.40	3.23	3.00	2.52	2.29	2.27	2.09	1.61	1.12	0.94	0.22	-0.48
Borrowings	4.41	5.00	3.18	3.70	4.11	3.82	2.87	2.18	2.94	2.62	2.87	2.45
Other Liabilities	9.12	7.82	5.64	6.34	5.42	5.89	5.28	5.57	6.29	4.36	3.72	3.02
Total Liabilities	22.64	21.76	17.53	18.27	17.53	17.69	15.95	15.07	16.06	13.63	12.52	10.70
Fixed Assets	2.46	2.34	2.25	1.76	1.75	1.72	1.71	1.71	1.36	1.54	1.61	1.45
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.18	0.00	0.00	0.00
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	20.18	19.42	15.28	16.51	15.78	15.97	14.24	13.36	14.52	12.09	10.91	9.25
Total Assets	22.64	21.76	17.53	18.27	17.53	17.69	15.95	15.07	16.06	13.63	12.52	10.70

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	1.31	-1.13	1.43	0.97	0.18	-0.61	-0.19	1.38	0.12	0.46	0.62	0.30
Cash from Investing Activity	-0.33	-0.29	-0.69	-0.15	-0.17	-0.15	-0.13	-0.40	-0.20	0.03	-0.28	0.08
Cash from Financing Activity	-0.99	1.38	-0.78	-0.79	-0.01	0.69	0.43	-1.02	0.08	-0.53	-0.38	-0.32
Net Cash Flow	-0.01	-0.03	-0.04	0.03	0.00	-0.07	0.11	-0.04	0.00	-0.05	-0.04	0.06
Free Cash Flow	0.98	-1.42	0.74	0.82	0.01	-0.76	-0.32	0.98	-0.08	0.48	0.34	0.38
CFO/OP %	163.00	-132.00	133.00	125.00	46.00	-90.00	4.00	151.00	33.00	55.00	56.00	32.00

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	110.40	133.60	87.79	91.27	133.43	133.06	117.92	82.53	104.91	107.83	97.08	86.36
Inventory Days	55.16	53.76	48.23	59.31	73.90	55.25	68.16	59.09	40.08	39.57	32.74	23.78
Days Payable	86.44	80.34	45.49	56.04	66.52	70.59	72.25	61.64	68.52	63.21	47.51	37.95
Cash Conversion Cycle	79.12	107.03	90.54	94.54	140.80	117.72	113.83	79.97	76.46	84.19	82.31	72.18
Working Capital Days	56.56	66.01	63.08	56.77	78.62	63.10	75.82	58.08	56.12	66.06	53.69	47.60
ROCE %	4.52	4.34	8.65	6.41	3.01	4.81	9.62	8.61	9.56	12.51	15.66	18.27

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	35.89	35.89	35.59	35.58	35.54	35.82	35.59	45.26	45.43	48.72	50.35	52.56
DIIs	5.53	5.53	5.53	5.53	5.53	5.53	5.53	5.53	5.53	5.53	5.53	5.53
Public	58.58	58.58	58.88	58.89	58.93	58.65	58.89	49.23	49.05	45.74	44.12	41.91
No. of Shareholders	2,159	2,159	2,182	2,132	2,099	2,094	2,014	1,825	1,739	1,552	1,321	1,179