Polyplex Corporation is one of the world’s leading manufacturers of polyester film. It has the world’s seventh-largest polyester film production capacity and a diversified product line, including CPP, BOPP, and Blown PP/PE. The company, headquartered in Noida, Uttar Pradesh, also has a variety of downstream capabilities, such as silicone coating, extrusion, and holography. Polyplex has been operating since 1996 and grown into a global conglomerate with a presence in 75 countries.
On 6 January 2023, the market capitalisation of the company was Rs 4,756.67 crore. It reported consolidated sales of Rs 1784 crore at the end of September 2022. The company is listed on the Bombay Stock Exchange with the code 524051 and on the National Stock Exchange (NSE) with the code POLYPLEX.
Sanjiv Saraf is the chairman of the company. Pranay Kothari, Sanjiv Chadha, Brij Kishore Soni, Jitender Balakrishnan, and Pooja Halder are some of the other directors, while Manish Gupta is the chief financial officer of the company. Its auditors are S. S. Kothari Mehta & Co.
On 6 January 2023, Polyplex Corporation’s share price on BSE was Rs 1515 and Rs 1516 on the NSE. The share price touched a 52-week high of Rs 2,870.20 and a 52-week low of Rs 1,462.00. Its three-month return to investors was -19.6%, while its one-month return was -13.47%.
The promoters of Polyplex Corporation have a stake of 50.97% in the company, while non-institutional investors have a stake of 32.61%. Domestic institutional investors and foreign institutional investors have a consolidated stake of 16.34% in the company.
Nippon India Small Cap Direct-G has invested a total of Rs 118 crore in the company. Nippon India Nifty Smallcap 250 has invested Rs 1.2 crore in the company, while Motilal Oswal Nifty Smallcap 250 has invested Rs. 1.1 crore in Polyplex.
As of 6 January 2023, the company’s PE ratio stood at 7.18, its EPS TTM was 211.30, and the PB ratio was 0.92. The company has a dividend yield of 6.86%.
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