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PANKAJ POLYMERS LTD.

Capital Goods › Industrial Products
₹120.10
at close · 27 Oct 2026
▼ 6.30 (-4.98%)

Latest filings

  1. Pankaj Polymers partners with SIS India for expense management solution · Strategic Transactions
  2. Pankaj Polymers files Reg 74(5) compliance certificate for Q2 FY27 · Compliance
  3. AGM approves statutory auditor and independent director appointments · Management Changes
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates in the packaging and industrial products space, classified by the exchange under Capital Goods / Industrial Products / Packaging. In FY26, revenue was Rs 1.30 crore with materials accounting for 99.3% of revenue, employee cost 14.1%, other operating expenses 51.3% and depreciation 0.4% — indicating a thin-margin operation where raw materials are essentially the entire cost base. Capex was nil and the company carried no debt, with total assets of Rs 14.13 crore. A complete change of control took place in 2026: the existing Goel-family promoter group sold out through a Share Purchase Agreement dated 14 January 2026 and an open offer, with incoming promoters Sandeep Jain, Vikas Garg, Rahul Nagar and Himanshu Arora collectively acquiring 58.15% of voting capital. The entire old board and CFO resigned citing change in management, replaced by a new team led by CEO Mayank Chawla (background at Bharti Airtel, Paytm and Edenred) along with directors from fintech and RBI backgrounds. The board has approved a preferential issue of 8.55 lakh equity shares and 22.2 lakh convertible warrants at Rs 81 each, a proposed name change to a fintech-themed identity, shifting of the registered office from Telangana to Delhi, and alteration of the objects clause to add digital payments, BBPS, payment aggregation and IT services.

Operating scale
FY26 revenue
Rs 1.2984 croreFY26
Total assets
Rs 14.1294 croreFY26
Materials as share of revenue
99.3%FY26
Equity share capital
55,43,900 shares of Rs 10 eachFY26
Incoming promoter group stake
58.15%May 2026
Who pays it
Not specified in the facts; packaging-business customers are not detailed.
Biggest cost
Raw materials, at 99.3% of FY26 revenue (Rs 1.29 crore).
Kind of business
Very small, materials-heavy packaging business undergoing full change of control and a proposed pivot to fintech and digital payments.
Where it sits
BSE-listed micro-cap in the packaging / industrial products segment, with the entire promoter group reclassified to public post the 2026 open offer and a new incoming promoter group from the fintech industry now in control.
Market Cap
₹67 Cr
P / E (TTM)
26.7×
EV / EBITDA
26.9×
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
1.4%·
ROCE (5y median)
ROE -0.2% (5y median) · margin 190.5%
Leverage
0.00·
Debt / Equity · low
Net cash ₹0.16 Cr
Revenue FY20→FY26
1.9×▲
Margin −265.0 pts
₹1 Cr → ₹1 Cr
Cash conversion
-0.84×▼
Operating cash ÷ profit · 5 yrs
₹-2 Cr on ₹2 Cr
Moves on a normal day
3.72%·
Median daily move
Last 266 sessions · the yardstick for filing-day moves
Where it sits among 72 Packaging peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#44/64
P/B#58/61
ROCE#7/68
ROE#6/61
Debt / Equity#1/61
EBITDA margin#2/62
Revenue growth#56/61
Profit growth#3/60

Scorecard

Measured from the filed financials, judged against its Packaging peers · as of FY26 — not investment advice

Strengths
No borrowings on the balance sheet
lower than 95% of its 61 Packaging peers
Negative working-capital cycle — the business is funded by its suppliers
Concerns
Returns on capital 1.4% (5-year median)
#7 of 68 in Packaging on the latest reported figures · down from 24.8% in FY20
Over 5 years it reported ₹1.97 Cr of profit and an operating cash outflow of ₹1.65 Cr — -0.84×
Less than 60p of every ₹1 of profit arrived as cash

Charts

How has the market priced it — with filings on the timeline?

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from PANKAJ POLYMERS LTD.'s filed financials and exchange disclosures

What does PANKAJ POLYMERS LTD. do?

PANKAJ POLYMERS LTD. is a Industrial Products company listed on BSE.

Is PANKAJ POLYMERS LTD. profitable?

Yes. Over the trailing twelve months PANKAJ POLYMERS LTD. reported a net profit of ₹2.20 Cr on revenue of ₹1.30 Cr.

Does PANKAJ POLYMERS LTD. pay a dividend?

Not in the latest reported year — PANKAJ POLYMERS LTD.'s dividend payout for FY26 was nil.

Is PANKAJ POLYMERS LTD. debt-free?

Yes. It reported no borrowings on its 31 Mar 2026 balance sheet, and ₹0.16 Cr of cash.

Is PANKAJ POLYMERS LTD. expensive compared with its peers?

On trailing P/E, PANKAJ POLYMERS LTD. ranks 44 of 64 in Packaging — cheaper than 32% of them, against an industry median of 16.6×. This is a position, not a valuation judgement.

How much does the PANKAJ POLYMERS LTD. share price move in a day?

On a typical session PANKAJ POLYMERS LTD. moves 3.72% — that is the median absolute close-to-close move across its last 266 trading days. MarketPing measures each filing's price reaction against it.

Where can I track PANKAJ POLYMERS LTD.'s announcements?

Every NSE and BSE filing by PANKAJ POLYMERS LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.