Buy Or Sell Opportunity • Apr 13
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 41% to ₹18.81. The fair value is estimated to be ₹23.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making. New Risk • Feb 16
New major risk - Revenue and earnings growth Earnings have declined by 28% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 28% per year over the past 5 years. Market cap is less than US$10m (₹136.8m market cap, or US$1.51m). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Revenue is less than US$5m (₹179m revenue, or US$2.0m). Anuncio • Feb 03
Polycon International Limited to Report Q3, 2026 Results on Feb 14, 2026 Polycon International Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 14, 2026 Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹30.89, the stock trades at a trailing P/E ratio of 68.2x. Average trailing P/E is 18x in the Packaging industry in India. Total returns to shareholders of 181% over the past three years. Anuncio • Nov 05
Polycon International Limited to Report Q2, 2026 Results on Nov 14, 2025 Polycon International Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹26.54, the stock trades at a trailing P/E ratio of 58.6x. Average trailing P/E is 19x in the Packaging industry in India. Total returns to shareholders of 214% over the past three years. New Risk • Oct 13
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.02x net interest cover). Share price has been highly volatile over the past 3 months (8.3% average weekly change). Market cap is less than US$10m (₹123.6m market cap, or US$1.39m). Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (₹206m revenue, or US$2.3m). Anuncio • Sep 01
Polycon International Limited, Annual General Meeting, Sep 26, 2025 Polycon International Limited, Annual General Meeting, Sep 26, 2025, at 13:00 Indian Standard Time. Location: o-22, parmanand hall, ashok watika samiti, ashok marg, c- scheme, jaipur - 302001, India Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹24.18, the stock trades at a trailing P/E ratio of 53.4x. Average trailing P/E is 19x in the Packaging industry in India. Total returns to shareholders of 172% over the past three years. Reported Earnings • Aug 17
First quarter 2026 earnings released: ₹0.52 loss per share (vs ₹0.68 loss in 1Q 2025) First quarter 2026 results: ₹0.52 loss per share (improved from ₹0.68 loss in 1Q 2025). Revenue: ₹43.6m (down 25% from 1Q 2025). Net loss: ₹2.55m (loss narrowed 24% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Anuncio • Aug 02
Polycon International Limited to Report Q1, 2026 Results on Aug 14, 2025 Polycon International Limited announced that they will report Q1, 2026 results on Aug 14, 2025 Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹22.42, the stock trades at a trailing P/E ratio of 76.9x. Average trailing P/E is 22x in the Packaging industry in India. Total returns to shareholders of 138% over the past three years. New Risk • Jun 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.008x net interest cover). Share price has been highly volatile over the past 3 months (9.3% average weekly change). Market cap is less than US$10m (₹126.6m market cap, or US$1.46m). Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (₹221m revenue, or US$2.5m). Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹22.90, the stock trades at a trailing P/E ratio of 78.6x. Average trailing P/E is 24x in the Packaging industry in India. Total returns to shareholders of 118% over the past three years. Reported Earnings • Jun 02
Full year 2025 earnings released: EPS: ₹0.29 (vs ₹0.13 in FY 2024) Full year 2025 results: EPS: ₹0.29 (up from ₹0.13 in FY 2024). Revenue: ₹221.3m (down 3.9% from FY 2024). Net income: ₹1.43m (up 128% from FY 2024). Profit margin: 0.6% (up from 0.3% in FY 2024). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Board Change • Jun 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Nikhil Bhandari was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Anuncio • May 19
Polycon International Limited to Report Q4, 2025 Results on May 30, 2025 Polycon International Limited announced that they will report Q4, 2025 results on May 30, 2025 Valuation Update With 7 Day Price Move • May 12
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹22.89, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 20x in the Packaging industry in India. Total returns to shareholders of 118% over the past three years. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹22.25, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 19x in the Packaging industry in India. Total returns to shareholders of 95% over the past three years. Reported Earnings • Feb 17
Third quarter 2025 earnings released: EPS: ₹1.64 (vs ₹0.51 in 3Q 2024) Third quarter 2025 results: EPS: ₹1.64 (up from ₹0.51 in 3Q 2024). Revenue: ₹54.2m (down 6.8% from 3Q 2024). Net income: ₹8.03m (up 225% from 3Q 2024). Profit margin: 15% (up from 4.2% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Anuncio • Feb 03
Polycon International Limited to Report Q3, 2025 Results on Feb 14, 2025 Polycon International Limited announced that they will report Q3, 2025 results on Feb 14, 2025 New Risk • Nov 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Market cap is less than US$10m (₹146.3m market cap, or US$1.73m). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Revenue is less than US$5m (₹234m revenue, or US$2.8m). Reported Earnings • Nov 17
Second quarter 2025 earnings released: EPS: ₹0.04 (vs ₹0.08 in 2Q 2024) Second quarter 2025 results: EPS: ₹0.04 (down from ₹0.08 in 2Q 2024). Revenue: ₹59.3m (up 12% from 2Q 2024). Net income: ₹39.0k (down 89% from 2Q 2024). Profit margin: 0.1% (down from 0.7% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹31.50, the stock trades at a trailing P/E ratio of 78.9x. Average trailing P/E is 26x in the Packaging industry in India. Total returns to shareholders of 141% over the past three years. Anuncio • Oct 31
Polycon International Limited to Report Q2, 2025 Results on Nov 14, 2024 Polycon International Limited announced that they will report Q2, 2025 results on Nov 14, 2024 Anuncio • Sep 20
Polycon International Limited Announces Cessation of Adarsh Kumar Singhania, Kamal Kumar Bordia and Tiyana Sacheti as Independent Directors Polycon International Limited announced that the second term of 5(five) years of Mr. Adarsh Kumar Singhania, Mr. Kamal Kumar Bordia and Mrs. Tiyana Sacheti as Independent Directors of the company has come to an end on September 19, 2024, and, consequently, ceased to be the Independent Directors of the company with effect from end of the day on September 19, 2024. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹28.85, the stock trades at a trailing P/E ratio of 72.2x. Average trailing P/E is 27x in the Packaging industry in India. Total returns to shareholders of 337% over the past three years. Anuncio • Aug 30
Polycon International Limited, Annual General Meeting, Sep 27, 2024 Polycon International Limited, Annual General Meeting, Sep 27, 2024, at 13:00 Indian Standard Time. Location: o-22, parmanand hall, ashok watika, samiti, ashok marg, c-scheme, jaipur-302001, rajasthan., jaipur India Reported Earnings • Aug 15
First quarter 2025 earnings released: ₹0.68 loss per share (vs ₹0.96 loss in 1Q 2024) First quarter 2025 results: ₹0.68 loss per share (improved from ₹0.96 loss in 1Q 2024). Revenue: ₹58.5m (down 3.7% from 1Q 2024). Net loss: ₹3.34m (loss narrowed 28% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 52% per year, which means it is well ahead of earnings. Anuncio • Jul 30
Polycon International Limited to Report Q1, 2025 Results on Aug 14, 2024 Polycon International Limited announced that they will report Q1, 2025 results on Aug 14, 2024 Board Change • Jul 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Nikhil Bhandari was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jun 05
Full year 2024 earnings released: EPS: ₹0.13 (vs ₹0.13 in FY 2023) Full year 2024 results: EPS: ₹0.13 (down from ₹0.13 in FY 2023). Revenue: ₹230.4m (down 12% from FY 2023). Net income: ₹624.0k (down 3.0% from FY 2023). Profit margin: 0.3% (up from 0.2% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings. Anuncio • May 24
Polycon International Limited to Report Q4, 2024 Results on May 30, 2024 Polycon International Limited announced that they will report Q4, 2024 results on May 30, 2024 New Risk • Apr 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹33m free cash flow). Market cap is less than US$10m (₹77.0m market cap, or US$922.5k). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Revenue is less than US$5m (₹231m revenue, or US$2.8m). Anuncio • Jan 31
Polycon International Limited to Report Q3, 2024 Results on Feb 14, 2024 Polycon International Limited announced that they will report Q3, 2024 results on Feb 14, 2024 Reported Earnings • Dec 30
Second quarter 2024 earnings released: EPS: ₹0.08 (vs ₹0.44 in 2Q 2023) Second quarter 2024 results: EPS: ₹0.08 (down from ₹0.44 in 2Q 2023). Revenue: ₹53.1m (down 20% from 2Q 2023). Net income: ₹358.0k (down 83% from 2Q 2023). Profit margin: 0.7% (down from 3.2% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance. Anuncio • Nov 04
Polycon International Limited to Report Q2, 2024 Results on Nov 14, 2023 Polycon International Limited announced that they will report Q2, 2024 results at 3:30 PM, Indian Standard Time on Nov 14, 2023 Anuncio • Aug 18
Polycon International Limited, Annual General Meeting, Sep 29, 2023 Polycon International Limited, Annual General Meeting, Sep 29, 2023. Reported Earnings • Aug 16
First quarter 2024 earnings released: ₹0.96 loss per share (vs ₹0.32 loss in 1Q 2023) First quarter 2024 results: ₹0.96 loss per share (further deteriorated from ₹0.32 loss in 1Q 2023). Revenue: ₹60.8m (down 22% from 1Q 2023). Net loss: ₹4.67m (loss widened 200% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jun 01
Full year 2023 earnings released: EPS: ₹0.13 (vs ₹0.21 loss in FY 2022) Full year 2023 results: EPS: ₹0.13 (up from ₹0.21 loss in FY 2022). Revenue: ₹262.5m (down 14% from FY 2022). Net income: ₹643.0k (up ₹1.65m from FY 2022). Profit margin: 0.2% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Anuncio • May 21
Polycon International Limited to Report Q4, 2023 Results on May 30, 2023 Polycon International Limited announced that they will report Q4, 2023 results at 3:30 PM, Indian Standard Time on May 30, 2023 Reported Earnings • Feb 12
Third quarter 2023 earnings released: EPS: ₹0.05 (vs ₹0.012 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.05 (up from ₹0.012 in 3Q 2022). Revenue: ₹69.5m (down 10% from 3Q 2022). Net income: ₹260.0k (up 364% from 3Q 2022). Profit margin: 0.4% (up from 0.1% in 3Q 2022). Anuncio • Jan 28
Polycon International Limited to Report Q3, 2023 Results on Feb 11, 2023 Polycon International Limited announced that they will report Q3, 2023 results on Feb 11, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: EPS: ₹0.44 (vs ₹0.06 in 2Q 2022) Second quarter 2023 results: EPS: ₹0.44 (up from ₹0.06 in 2Q 2022). Revenue: ₹66.3m (down 15% from 2Q 2022). Net income: ₹2.14m (up ₹1.86m from 2Q 2022). Profit margin: 3.2% (up from 0.4% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Anuncio • Nov 05
Polycon International Limited to Report Q2, 2023 Results on Nov 12, 2022 Polycon International Limited announced that they will report Q2, 2023 results on Nov 12, 2022 Anuncio • Oct 01
Polycon International Limited Announces Appointment of Nikhil Bhandari as an Independent Director Polycon International Limited announced Appointment of Mr. Nikhil Bhandari as an Independent Director of the Company for a period of 5 years . Mr. Nikhil Bhandari is Graduated in Commerce. He is engaged in Jewelry Business and having experience of Manufacturing of Jewelry. Anuncio • Sep 08
Polycon International Limited, Annual General Meeting, Sep 30, 2022 Polycon International Limited, Annual General Meeting, Sep 30, 2022, at 13:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements of the company for the year ended 31st March, 2022, along with the Reports of Board and Auditors thereon; to consider the re-appointment of Mr. Prashant Singh Vohra as a director, liable to retires by rotation; to appoint statutory auditors and to fix THEIR remuneration; to approve remuneration payable to directors; to consider the alteration of the object clause & liability clause of the memorandum of association; and to consider the adoption of new set of articles of association of the company. Reported Earnings • Aug 27
First quarter 2023 earnings released: ₹0.32 loss per share (vs ₹0.06 profit in 1Q 2022) First quarter 2023 results: ₹0.32 loss per share (down from ₹0.06 profit in 1Q 2022). Revenue: ₹78.3m (up 17% from 1Q 2022). Net loss: ₹1.56m (down ₹1.84m from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Anuncio • Aug 04
Polycon International Limited to Report Q1, 2023 Results on Aug 13, 2022 Polycon International Limited announced that they will report Q1, 2023 results on Aug 13, 2022 Reported Earnings • Feb 16
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.01 (down from ₹0.08 in 3Q 2021). Revenue: ₹77.4m (up 13% from 3Q 2021). Net income: ₹56.0k (down 85% from 3Q 2021). Profit margin: 0.1% (down from 0.5% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Anuncio • Feb 03
Polycon International Limited to Report Q3, 2022 Results on Feb 14, 2022 Polycon International Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Reported Earnings • Nov 23
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: ₹0.06 (down from ₹0.09 in 2Q 2021). Revenue: ₹78.0m (up 4.2% from 2Q 2021). Net income: ₹280.0k (down 34% from 2Q 2021). Profit margin: 0.4% (down from 0.6% in 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment improved over the past week After last week's 16% share price gain to ₹8.01, the stock trades at a trailing P/E ratio of 65.2x. Average trailing P/E is 15x in the Packaging industry in India. Total loss to shareholders of 20% over the past three years. Reported Earnings • Jul 03
Full year 2021 earnings released: EPS ₹0.09 (vs ₹5.88 loss in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹276.6m (down 7.9% from FY 2020). Net income: ₹401.0k (up ₹29.2m from FY 2020). Profit margin: 0.1% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improved over the past week After last week's 21% share price gain to ₹5.30, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 14x in the Packaging industry in India. Total loss to shareholders of 60% over the past three years. Executive Departure • May 01
Non-Executive Director has left the company On the 21st of April, Kishore Bhandari's tenure as Non-Executive Director ended after 5.6 years in the role. We don't have any record of a personal shareholding under Kishore's name. Kishore is the only executive to leave the company over the last 12 months. Reported Earnings • Feb 17
Third quarter 2021 earnings released: EPS ₹0.08 (vs ₹0.26 loss in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ₹68.5m (down 4.8% from 3Q 2020). Net income: ₹372.0k (up ₹1.63m from 3Q 2020). Profit margin: 0.5% (up from net loss in 3Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 72% per year but the company’s share price has only fallen by 32% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 08
New 90-day low: ₹4.62 The company is down 14% from its price of ₹5.36 on 10 November 2020. The Indian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 5.0% over the same period. Anuncio • Jan 29
Polycon International Ltd. to Report Q3, 2021 Results on Feb 12, 2021 Polycon International Ltd. announced that they will report Q3, 2021 results on Feb 12, 2021 Anuncio • Sep 13
Polycon International Ltd. to Report Q1, 2021 Results on Aug 14, 2020 Polycon International Ltd. announced that they will report Q1, 2021 results on Aug 14, 2020 Anuncio • Jun 21
Polycon International Ltd. to Report Q4, 2020 Results on Jun 30, 2020 Polycon International Ltd. announced that they will report Q4, 2020 results on Jun 30, 2020