Polycon International Ltd.

About

Polycon International Limited engages in the manufacture and trading of PET products in India. The company offers PET bottles, jars, and preforms; caps and lids; CPR open top rectangular tanks, PRLFT loft tanks, PHD household drums, CPVC industrial buckets and vats, and PS stools. It also provides LLDPE rotomoulding water storage tanks, PVC profiles, and sections. Polycon International Limited was incorporated in 1991 and is based in Jaipur, 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	4.25	4.57	4.84	3.86	4.36	4.88	5.43	5.90	5.84	5.57	6.06	5.31	6.07
Expenses	3.96	4.93	4.71	4.01	3.76	4.33	5.98	5.05	5.33	4.25	5.36	4.50	5.78
Operating Profit	0.29	-0.36	0.13	-0.15	0.60	0.55	-0.55	0.85	0.51	1.32	0.70	0.81	0.29
OPM %	6.82	-7.88	2.69	-3.89	13.76	11.27	-10.13	14.41	8.73	23.70	11.55	15.25	4.78
Other Income	0.11	0.23	0.01	0.00	0.00	0.04	2.31	0.02	0.01	0.02	0.00	0.00	0.00
Depreciation	0.36	0.35	0.36	0.36	0.36	0.35	0.34	0.34	0.32	0.28	0.26	0.25	0.25
Interest	0.53	0.53	0.53	0.53	0.52	0.54	0.54	0.55	0.54	0.54	0.50	0.51	0.51
Profit before tax	-0.49	-1.01	-0.75	-1.04	-0.28	-0.30	0.88	-0.02	-0.34	0.52	-0.06	0.05	-0.47
Tax %	-6.12	-8.91	-8.00	-2.88	-10.71	10.00	9.09	-100.00	0.00	-5.77	0.00	40.00	0.00
Net Profit	-0.47	-0.92	-0.69	-1.02	-0.26	-0.33	0.80	0.00	-0.33	0.56	-0.07	0.04	-0.47
EPS in Rs	-0.96	-1.88	-1.41	-2.08	-0.53	-0.67	1.63	0.00	-0.67	1.14	-0.14	0.08	-0.96

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	17.63	22.06	23.02	26.22	30.55	27.61	30.02	37.53	35.61	39.56	36.76	38.37
Expenses	17.42	20.70	19.89	23.16	27.25	24.54	27.93	34.38	33.38	36.47	33.56	34.68
Operating Profit	0.21	1.36	3.13	3.06	3.30	3.07	2.09	3.15	2.23	3.09	3.20	3.69
OPM %	1.19	6.17	13.60	11.67	10.80	11.12	6.96	8.39	6.26	7.81	8.71	9.62
Other Income	0.24	2.38	0.03	0.03	0.08	0.04	-1.69	0.05	0.55	0.04	0.08	0.23
Interest	2.10	2.17	2.07	1.86	2.21	2.20	2.17	2.00	1.40	1.81	1.91	2.37
Depreciation	1.43	1.35	1.04	1.08	1.26	1.20	1.05	1.00	1.01	0.98	0.98	1.21
Profit before tax	-3.08	0.22	0.05	0.15	-0.09	-0.29	-2.82	0.20	0.37	0.34	0.39	0.34
Tax %	-6.82	40.91	-20.00	53.33	22.22	3.45	2.13	25.00	18.92	29.41	30.77	32.35
Net Profit	-2.88	0.14	0.06	0.06	-0.10	-0.30	-2.88	0.15	0.30	0.24	0.27	0.25
EPS in Rs	-5.88	0.29	0.12	0.12	-0.20	-0.61	-5.88	0.31	0.61	0.49	0.55	0.51
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	5.44	5.44	5.44	5.44	5.44	5.44	5.44	5.44	5.44	5.44	5.44	5.44
Reserves	-4.33	-1.45	-1.60	-1.66	-1.72	-1.62	-0.62	2.24	2.09	1.78	1.58	1.31
Borrowings	33.82	33.94	32.77	29.34	27.42	24.51	21.94	22.75	21.59	21.55	20.26	20.39
Other Liabilities	7.72	5.55	5.44	4.31	5.86	4.64	4.56	4.30	3.39	2.84	2.66	2.88
Total Liabilities	42.65	43.48	42.05	37.43	37.00	32.97	31.32	34.73	32.51	31.61	29.94	30.02
Fixed Assets	7.66	9.05	8.93	8.79	9.86	9.72	10.34	11.51	11.89	11.43	10.67	10.83
CWIP	2.38	1.32	1.24	1.12	0.00	0.00	0.00	2.36	0.21	0.21	0.68	0.41
Investments	0.03	0.03	0.03	0.03	0.03	0.02	0.01	0.02	0.02	0.01	0.02	0.06
Other Assets	32.58	33.08	31.85	27.49	27.11	23.23	20.97	20.84	20.39	19.96	18.57	18.72
Total Assets	42.65	43.48	42.05	37.43	37.00	32.97	31.32	34.73	32.51	31.61	29.94	30.02

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	2.68	-0.34	-0.61	-0.01	2.26	-0.07	0.77	4.35	1.81	2.66	1.25	7.90
Cash from Investing Activity	-1.08	-1.38	-1.34	-1.20	-1.36	-0.52	0.69	-2.76	-0.76	-1.30	-0.95	-0.73
Cash from Financing Activity	-1.54	1.61	1.88	1.31	-0.87	0.37	-1.46	-1.38	-1.93	-0.90	0.07	-7.58
Net Cash Flow	0.06	-0.11	-0.07	0.10	0.03	-0.22	0.00	0.21	-0.88	0.46	0.37	-0.41
Free Cash Flow	1.58	-1.85	-1.91	-1.15	0.87	-0.65	1.47	1.57	0.35	1.37	0.17	6.94
CFO/OP %	1,276.00	-24.00	-19.00	0.00	68.00	-2.00	39.00	142.00	86.00	90.00	43.00	217.00

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	166.66	138.65	138.42	121.39	130.23	142.11	127.06	106.79	123.20	99.37	95.02	105.30
Inventory Days	789.41	650.93	613.16	393.00	300.71	248.67	166.43	112.97	84.88	67.41	73.61	56.56
Days Payable	119.19	93.81	95.27	60.88	80.25	55.86	56.54	20.32	24.92	15.03	20.88	12.20
Cash Conversion Cycle	836.88	695.77	656.31	453.51	350.69	334.92	236.94	199.44	183.16	151.75	147.76	149.66
Working Capital Days	340.57	308.74	231.34	151.18	92.36	85.53	50.09	29.47	42.84	29.43	27.50	8.56
ROCE %	-2.69	0.11	6.08	6.26	7.13	6.93	3.92	7.32	4.87	7.64	8.38	9.15

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	49.61	49.61	49.61	49.61	49.61	49.61	49.61	49.61	49.61	49.61	49.61	49.61
Public	50.38	50.39	50.39	50.38	50.38	50.39	50.39	50.38	50.39	50.39	50.39	50.38
No. of Shareholders	1,064	1,064	1,036	1,019	999	961	958	941	904	900	876	856