New Risk • May 26
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: ₹440m (US$4.6m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (35% accrual ratio). Market cap is less than US$10m (₹831.3m market cap, or US$8.72m). Minor Risks Paying a dividend despite having no free cash flows. Revenue is less than US$5m (₹440m revenue, or US$4.6m). Reported Earnings • May 23
Full year 2026 earnings released: EPS: ₹404 (vs ₹70.06 in FY 2025) Full year 2026 results: EPS: ₹404 (up from ₹70.06 in FY 2025). Revenue: ₹773.2m (up 86% from FY 2025). Net income: ₹163.2m (up 476% from FY 2025). Profit margin: 21% (up from 6.8% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 24% per year. Tillkännagivande • May 14
Polychem Limited to Report Q4, 2026 Results on May 21, 2026 Polychem Limited announced that they will report Q4, 2026 results on May 21, 2026 Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹2,285, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 22x in the Chemicals industry in India. Total returns to shareholders of 168% over the past three years. Reported Earnings • Feb 10
Third quarter 2026 earnings released: EPS: ₹338 (vs ₹21.87 in 3Q 2025) Third quarter 2026 results: EPS: ₹338 (up from ₹21.87 in 3Q 2025). Revenue: ₹378.5m (up 262% from 3Q 2025). Net income: ₹136.6m (up ₹127.7m from 3Q 2025). Profit margin: 36% (up from 8.4% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Feb 03
Polychem Limited to Report Q3, 2026 Results on Feb 09, 2026 Polychem Limited announced that they will report Q3, 2026 results on Feb 09, 2026 Reported Earnings • Nov 13
Second quarter 2026 earnings released: EPS: ₹17.73 (vs ₹11.45 loss in 2Q 2025) Second quarter 2026 results: EPS: ₹17.73 (up from ₹11.45 loss in 2Q 2025). Revenue: ₹105.7m (up 43% from 2Q 2025). Net income: ₹7.17m (up ₹11.8m from 2Q 2025). Profit margin: 6.8% (up from net loss in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Tillkännagivande • Nov 05
Polychem Limited to Report Q2, 2026 Results on Nov 12, 2025 Polychem Limited announced that they will report Q2, 2026 results on Nov 12, 2025 New Risk • Oct 14
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹885.3m (US$9.97m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹885.3m market cap, or US$9.97m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (₹415m revenue, or US$4.7m). New Risk • Aug 02
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 8.1% 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 Risk Share price has been highly volatile over the past 3 months (8.1% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.8% net profit margin). Revenue is less than US$5m (₹417m revenue, or US$4.8m). Market cap is less than US$100m (₹984.4m market cap, or US$11.3m). Tillkännagivande • Jul 30
Polychem Limited to Report Q1, 2026 Results on Aug 06, 2025 Polychem Limited announced that they will report Q1, 2026 results on Aug 06, 2025 Reported Earnings • Jul 23
Full year 2025 earnings released: EPS: ₹70.06 (vs ₹178 in FY 2024) Full year 2025 results: EPS: ₹70.06 (down from ₹178 in FY 2024). Revenue: ₹416.5m (down 23% from FY 2024). Net income: ₹28.3m (down 61% from FY 2024). Profit margin: 6.8% (down from 13% in FY 2024). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Jul 17
Polychem Limited, Annual General Meeting, Aug 12, 2025 Polychem Limited, Annual General Meeting, Aug 12, 2025, at 11:00 Indian Standard Time. New Risk • Jun 30
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 7.9% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.9% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.8% net profit margin). Revenue is less than US$5m (₹417m revenue, or US$4.9m). Market cap is less than US$100m (₹1.14b market cap, or US$13.3m). Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to ₹2,522, the stock trades at a trailing P/E ratio of 36x. Average trailing P/E is 29x in the Chemicals industry in India. Total returns to shareholders of 303% over the past three years. Declared Dividend • Jun 22
Dividend reduced to ₹20.00 Dividend of ₹20.00 is 33% lower than last year. Ex-date: 1st July 2025 Payment date: 31st July 2025 Dividend yield will be 1.0%, which is higher than the industry average of 0.8%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 26% per year over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 68% to shift the payout ratio to a potentially unsustainable range, which is more than the 1.6% EPS decline seen over the last 5 years. New Risk • May 22
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 62% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹801.4m market cap, or US$9.36m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.8% net profit margin). Revenue is less than US$5m (₹417m revenue, or US$4.9m). Reported Earnings • May 15
Full year 2025 earnings released: EPS: ₹70.06 (vs ₹178 in FY 2024) Full year 2025 results: EPS: ₹70.06 (down from ₹178 in FY 2024). Revenue: ₹439.0m (down 19% from FY 2024). Net income: ₹28.3m (down 61% from FY 2024). Profit margin: 6.4% (down from 13% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • May 10
Polychem Limited to Report Q4, 2025 Results on May 14, 2025 Polychem Limited announced that they will report Q4, 2025 results on May 14, 2025 Board Change • Apr 01
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Anand Dalal was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Feb 28
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹1,910, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 24x in the Chemicals industry in India. Total returns to shareholders of 228% over the past three years. Buy Or Sell Opportunity • Feb 14
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.1% to ₹2,170. The fair value is estimated to be ₹2,793, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 35%. Reported Earnings • Feb 13
Third quarter 2025 earnings released: EPS: ₹21.87 (vs ₹43.14 in 3Q 2024) Third quarter 2025 results: EPS: ₹21.87 (down from ₹43.14 in 3Q 2024). Revenue: ₹108.3m (down 18% from 3Q 2024). Net income: ₹8.84m (down 49% from 3Q 2024). Profit margin: 8.2% (down from 13% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Feb 11
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹853.1m (US$9.84m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Market cap is less than US$10m (₹853.1m market cap, or US$9.84m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Tillkännagivande • Feb 03
Polychem Limited to Report Q3, 2025 Results on Feb 11, 2025 Polychem Limited announced that they will report Q3, 2025 results on Feb 11, 2025 Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹2,525, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 32x in the Chemicals industry in India. Total returns to shareholders of 447% over the past three years. Reported Earnings • Nov 14
Second quarter 2025 earnings released: ₹11.45 loss per share (vs ₹37.38 profit in 2Q 2024) Second quarter 2025 results: ₹11.45 loss per share (down from ₹37.38 profit in 2Q 2024). Revenue: ₹81.1m (down 33% from 2Q 2024). Net loss: ₹4.63m (down 131% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹2,359, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 34x in the Chemicals industry in India. Total returns to shareholders of 391% over the past three years. Tillkännagivande • Nov 06
Polychem Limited to Report Q2, 2025 Results on Nov 13, 2024 Polychem Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Buy Or Sell Opportunity • Oct 08
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 4.7% to ₹3,062. The fair value is estimated to be ₹2,548, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 62%. New Risk • Sep 18
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 7.2% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.2% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹1.24b market cap, or US$14.8m). Valuation Update With 7 Day Price Move • Sep 18
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹3,538, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 36x in the Chemicals industry in India. Total returns to shareholders of 599% over the past three years. Buy Or Sell Opportunity • Sep 18
Now 38% overvalued after recent price rise Over the last 90 days, the stock has risen 24% to ₹3,538. The fair value is estimated to be ₹2,566, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Earnings per share has grown by 62%. Tillkännagivande • Aug 29
Polychem Limited Approves Dividend Polychem Limited at its AGM held on August 29, 2024, approved to declare a dividend of INR 30.00 i.e (300%) per equity share of INR 10.00 each. Reported Earnings • Aug 07
Full year 2024 earnings released: EPS: ₹178 (vs ₹179 in FY 2023) Full year 2024 results: EPS: ₹178 (down from ₹179 in FY 2023). Revenue: ₹538.7m (up 5.1% from FY 2023). Net income: ₹72.0m (flat on FY 2023). Profit margin: 13% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 71% per year and the company’s share price has also increased by 71% per year. Buy Or Sell Opportunity • Jul 04
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to ₹2,978. The fair value is estimated to be ₹2,466, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 71%. New Risk • Jun 06
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (₹1.12b market cap, or US$13.5m). Buy Or Sell Opportunity • May 31
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 4.3% to ₹2,889. The fair value is estimated to be ₹2,406, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 71%. Buy Or Sell Opportunity • May 15
Now 21% overvalued Over the last 90 days, the stock has fallen 3.0% to ₹2,894. The fair value is estimated to be ₹2,398, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 71%. Tillkännagivande • May 15
Polychem Limited Proposes Dividend for the Financial Year Ended March 31, 2024 Polychem Limited at its board meeting held on May 14, 2024, proposed payment of dividend of INR 30 per equity share of INR 10 each that is 300% on the Equity shares of the Company for the financial year ended 31st March, 2024, subject to the approval of shareholders at the upcoming Annual General Meeting. Tillkännagivande • May 08
Polychem Limited to Report Q4, 2024 Results on May 14, 2024 Polychem Limited announced that they will report Q4, 2024 results on May 14, 2024 Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹2,741, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 30x in the Chemicals industry in India. Total returns to shareholders of 505% over the past three years. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹2,142, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 28x in the Chemicals industry in India. Total returns to shareholders of 355% over the past three years. Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: ₹43.14 (vs ₹38.35 in 3Q 2023) Third quarter 2024 results: EPS: ₹43.14 (up from ₹38.35 in 3Q 2023). Revenue: ₹137.5m (up 11% from 3Q 2023). Net income: ₹17.4m (up 13% from 3Q 2023). Profit margin: 13% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has increased by 90% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Feb 03
Polychem Limited to Report Q3, 2024 Results on Feb 09, 2024 Polychem Limited announced that they will report Q3, 2024 results on Feb 09, 2024 Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹3,183, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 29x in the Chemicals industry in India. Total returns to shareholders of 714% over the past three years. Reported Earnings • Nov 09
Second quarter 2024 earnings released: EPS: ₹37.38 (vs ₹71.44 in 2Q 2023) Second quarter 2024 results: EPS: ₹37.38 (down from ₹71.44 in 2Q 2023). Revenue: ₹124.1m (down 8.9% from 2Q 2023). Net income: ₹15.1m (down 48% from 2Q 2023). Profit margin: 12% (down from 21% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 75% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Aug 30
Polychem Limited Approves to Declare A Dividend Polychem Limited approved to declare a dividend of INR 20/- per equity share (i.e. 200%) of INR 10/- each. Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: ₹39.65 (vs ₹23.08 in 1Q 2023) First quarter 2024 results: EPS: ₹39.65 (up from ₹23.08 in 1Q 2023). Revenue: ₹142.4m (up 1.1% from 1Q 2023). Net income: ₹16.0m (up 72% from 1Q 2023). Profit margin: 11% (up from 6.6% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. New Risk • Aug 07
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 102% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹612.8m market cap, or US$7.41m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Tillkännagivande • Aug 01
Polychem Limited to Report Q1, 2024 Results on Aug 08, 2023 Polychem Limited announced that they will report Q1, 2024 results on Aug 08, 2023 Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹1,335, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 22x in the Chemicals industry in India. Total returns to shareholders of 240% over the past three years. New Risk • Jun 29
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 7.3% 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 Risk Market cap is less than US$10m (₹510.8m market cap, or US$6.22m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.3% average weekly change). Reported Earnings • May 19
Full year 2023 earnings released: EPS: ₹179 (vs ₹12.53 in FY 2022) Full year 2023 results: EPS: ₹179 (up from ₹12.53 in FY 2022). Revenue: ₹568.5m (up 59% from FY 2022). Net income: ₹72.3m (up ₹67.2m from FY 2022). Profit margin: 13% (up from 1.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • May 18
Polychem Limited Recommends Dividend for the Financial Year Ended 31 March 2023 The board of directors of Polychem Limited at its meeting held on May 17, 2023, Payment of dividend of INR 20 per share of INR 10 each i.e 200% on the Equity shares of the Company for the financial year ended 31 March, 2023, subject to the approval of shareholders at the upcoming Annual General Meeting. Tillkännagivande • May 11
Polychem Limited to Report Q4, 2023 Results on May 17, 2023 Polychem Limited announced that they will report Q4, 2023 results on May 17, 2023 Valuation Update With 7 Day Price Move • May 11
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹1,123, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 292% over the past three years. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹977, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 126% over the past three years. Buying Opportunity • Feb 14
Now 20% undervalued Over the last 90 days, the stock is up 3.5%. The fair value is estimated to be ₹1,228, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 17%. Reported Earnings • Feb 09
Third quarter 2023 earnings released: EPS: ₹38.35 (vs ₹4.37 loss in 3Q 2022) Third quarter 2023 results: EPS: ₹38.35 (up from ₹4.37 loss in 3Q 2022). Revenue: ₹127.7m (up 46% from 3Q 2022). Net income: ₹15.5m (up ₹17.3m from 3Q 2022). Profit margin: 12% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Feb 01
Polychem Limited to Report Q3, 2023 Results on Feb 08, 2023 Polychem Limited announced that they will report Q3, 2023 results on Feb 08, 2023 Reported Earnings • Nov 20
Second quarter 2023 earnings released: EPS: ₹71.44 (vs ₹3.70 loss in 2Q 2022) Second quarter 2023 results: EPS: ₹71.44 (up from ₹3.70 loss in 2Q 2022). Revenue: ₹171.8m (up 108% from 2Q 2022). Net income: ₹28.9m (up ₹30.4m from 2Q 2022). Profit margin: 17% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 43% per year, which means it is well ahead of earnings. Board Change • Nov 16
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. 2 experienced directors. 6 highly experienced directors. Woman Independent Non Executive Director Nirmala Mehendale was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Nov 05
Polychem Limited to Report Q2, 2023 Results on Nov 14, 2022 Polychem Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Tillkännagivande • Aug 31
Polychem Limited Declares Dividend Polychem Limited at its AGM held on 29 August 2022 declared a dividend of INR 3/- per equity share of INR 10/- each (i.e. 30%). Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment improved over the past week After last week's 19% share price gain to ₹969, the stock trades at a trailing P/E ratio of 33.6x. Average trailing P/E is 18x in the Chemicals industry in India. Total returns to shareholders of 241% over the past three years. Valuation Update With 7 Day Price Move • Aug 16
Investor sentiment improved over the past week After last week's 17% share price gain to ₹737, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 145% over the past three years. Reported Earnings • Aug 04
Full year 2022 earnings released: EPS: ₹12.53 (vs ₹20.48 in FY 2021) Full year 2022 results: EPS: ₹12.53 (down from ₹20.48 in FY 2021). Revenue: ₹357.8m (up 45% from FY 2021). Net income: ₹5.06m (down 39% from FY 2021). Profit margin: 1.4% (down from 3.4% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Tillkännagivande • Aug 04
Polychem Limited, Annual General Meeting, Aug 29, 2022 Polychem Limited, Annual General Meeting, Aug 29, 2022, at 11:00 Indian Standard Time. Agenda: To consider the audited Standalone financial statements of the Company for the financial year ended March 31, 2022, including the audited Standalone Balance Sheet as at March 31, 2022, the Statement of Profit and Loss and Cash Flow Statement, for the year ended on that date and the reports of the Board of Directors (the Board) and Auditors thereon; to discuss the audited consolidated financial statements of the Company for the financial year ended March 31, 2022, including the audited Consolidated Balance Sheet as at March 31, 2022, the Statement of Profit and Loss and Cash Flow Statement for the year ended on that date and the report of Auditors thereon; to declare dividend on equity shares; to reappoint statutory auditors; and to discuss other matters. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improved over the past week After last week's 16% share price gain to ₹640, the stock trades at a trailing P/E ratio of 51.1x. Average trailing P/E is 17x in the Chemicals industry in India. Total returns to shareholders of 140% over the past three years. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improved over the past week After last week's 22% share price gain to ₹653, the stock trades at a trailing P/E ratio of 52.1x. Average trailing P/E is 18x in the Chemicals industry in India. Total returns to shareholders of 120% over the past three years. Tillkännagivande • May 27
Polychem Limited Recommends Dividend Polychem Limited announced Payment of dividend of INR 3.00 per share of INR 10 each i.e 30% on the Equity shares of the Company for the financial year ended 31st March, 2022, subject to the approval of shareholders at the ensuing 65th AGM. Board Change • Apr 27
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. 3 experienced directors. 5 highly experienced directors. Woman Independent Non Executive Director Nirmala Mehendale was the last director to join the board, commencing their role in 2015. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment improved over the past week After last week's 15% share price gain to ₹709, the stock trades at a trailing P/E ratio of 77.9x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 151% over the past three years. Reported Earnings • Feb 16
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹4.37 loss per share (down from ₹13.94 profit in 3Q 2021). Revenue: ₹89.1m (up 29% from 3Q 2021). Net loss: ₹1.77m (down 131% from profit in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings. Tillkännagivande • Feb 06
Polychem Limited to Report Q3, 2022 Results on Feb 14, 2022 Polychem Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment improved over the past week After last week's 19% share price gain to ₹555, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 17x in the Chemicals industry in India. Total returns to shareholders of 49% over the past three years. Reported Earnings • Jun 26
Full year 2021 earnings released: EPS ₹20.48 (vs ₹75.89 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹260.6m (down 29% from FY 2020). Net income: ₹8.27m (down 73% from FY 2020). Profit margin: 3.2% (down from 8.3% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment improved over the past week After last week's 16% share price gain to ₹802, the stock trades at a trailing P/E ratio of 32.7x. Average trailing P/E is 21x in the Chemicals industry in India. Total returns to shareholders of 183% over the past three years. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment improved over the past week After last week's 22% share price gain to ₹575, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 63% over the past three years. Is New 90 Day High Low • Mar 10
New 90-day high: ₹493 The company is up 13% from its price of ₹437 on 10 December 2020. The Indian market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Chemicals industry, which is up 9.0% over the same period. Is New 90 Day High Low • Feb 11
New 90-day high: ₹480 The company is up 9.0% from its price of ₹440 on 13 November 2020. The Indian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 16% over the same period. Reported Earnings • Feb 06
Third quarter 2021 earnings released: EPS ₹13.94 (vs ₹22.35 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹74.1m (down 14% from 3Q 2020). Net income: ₹5.63m (down 38% from 3Q 2020). Profit margin: 7.6% (down from 10% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Tillkännagivande • Jan 25
Polychem Limited to Report Q3, 2021 Results on Feb 05, 2021 Polychem Limited announced that they will report Q3, 2021 results on Feb 05, 2021 Is New 90 Day High Low • Nov 17
New 90-day low: ₹424 The company is down 31% from its price of ₹616 on 19 August 2020. The Indian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 10.0% over the same period. Valuation Update With 7 Day Price Move • Nov 06
Market pulls back on stock over the past week After last week's 16% share price decline to ₹475, the stock is trading at a trailing P/E ratio of 9.4x, down from the previous P/E ratio of 11.3x. This compares to an average P/E of 16x in the Chemicals industry in India. Total returns to shareholders over the past three years are 19%. Tillkännagivande • Jul 09
Polychem Limited to Report Q4, 2020 Results on Jul 11, 2020 Polychem Limited announced that they will report Q4, 2020 results on Jul 11, 2020