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 Director Anjali Patil Sapkal was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 18
Full year 2026 earnings released: EPS: ₹6.14 (vs ₹5.53 in FY 2025) Full year 2026 results: EPS: ₹6.14 (up from ₹5.53 in FY 2025). Revenue: ₹1.03b (up 7.3% from FY 2025). Net income: ₹82.7m (up 11% from FY 2025). Profit margin: 8.0% (up from 7.7% 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 12% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Duyuru • May 07
G M Polyplast Limited to Report Q4, 2026 Results on May 16, 2026 G M Polyplast Limited announced that they will report Q4, 2026 results at 12:15 PM, Indian Standard Time on May 16, 2026 New Risk • Dec 09
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹888.3m (US$9.89m) 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 (9.1% average weekly change). Market cap is less than US$10m (₹888.3m market cap, or US$9.89m). Duyuru • Oct 29
G M Polyplast Limited to Report Q2, 2026 Results on Nov 10, 2025 G M Polyplast Limited announced that they will report Q2, 2026 results on Nov 10, 2025 New Risk • Sep 08
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 6.7% 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 Share price has been highly volatile over the past 3 months (6.7% average weekly change). High level of non-cash earnings (23% accrual ratio). Minor Risk Market cap is less than US$100m (₹1.04b market cap, or US$11.8m). Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹90.20, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 26x in the Chemicals industry in India. Total returns to shareholders of 79% over the past three years. Reported Earnings • Aug 01
Full year 2025 earnings released: EPS: ₹5.53 (vs ₹5.27 in FY 2024) Full year 2025 results: EPS: ₹5.53 (up from ₹5.27 in FY 2024). Revenue: ₹961.6m (up 4.5% from FY 2024). Net income: ₹74.4m (up 5.1% from FY 2024). Profit margin: 7.7% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jul 31
G M Polyplast Limited, Annual General Meeting, Aug 23, 2025 G M Polyplast Limited, Annual General Meeting, Aug 23, 2025, at 12:00 Indian Standard Time. Location: ira by orchid mumbai, t2 international airport metro, ira by orchid, andheri - kurla rd, nr chakala, bhim nahar, andheri (e), mumbai India Reported Earnings • May 30
Full year 2025 earnings released: EPS: ₹5.53 (vs ₹5.27 in FY 2024) Full year 2025 results: EPS: ₹5.53 (up from ₹5.27 in FY 2024). Revenue: ₹962.4m (up 4.6% from FY 2024). Net income: ₹74.4m (up 5.1% from FY 2024). Profit margin: 7.7% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • May 19
G M Polyplast Limited to Report Q4, 2025 Results on May 28, 2025 G M Polyplast Limited announced that they will report Q4, 2025 results on May 28, 2025 Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹83.50, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 24x in the Chemicals industry in India. Total returns to shareholders of 219% over the past three years. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹105, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 25x in the Chemicals industry in India. Total returns to shareholders of 318% over the past three years. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹138, the stock trades at a trailing P/E ratio of 33x. Average trailing P/E is 28x in the Chemicals industry in India. Total returns to shareholders of 423% over the past three years. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹125, the stock trades at a trailing P/E ratio of 29.9x. Average trailing P/E is 30x in the Chemicals industry in India. Total returns to shareholders of 404% over the past three years. New Risk • Nov 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 7.6% 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: Minor Risks Dividend is not well covered by earnings (0% payout ratio). Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (6.1% net profit margin). Market cap is less than US$100m (₹2.19b market cap, or US$25.8m). Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹126, the stock trades at a trailing P/E ratio of 30.1x. Average trailing P/E is 32x in the Chemicals industry in India. Total returns to shareholders of 407% over the past three years. New Risk • Nov 18
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.1% Last year net profit margin: 9.1% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (0% payout ratio). Profit margins are more than 30% lower than last year (6.1% net profit margin). Market cap is less than US$100m (₹1.94b market cap, or US$23.0m). Duyuru • Nov 05
G M Polyplast Limited to Report First Half, 2025 Results on Nov 14, 2024 G M Polyplast Limited announced that they will report first half, 2025 results on Nov 14, 2024 Reported Earnings • Oct 16
First quarter 2025 earnings released: EPS: ₹0.61 (vs ₹1.89 in 1Q 2024) First quarter 2025 results: EPS: ₹0.61 (down from ₹1.89 in 1Q 2024). Revenue: ₹215.8m (flat on 1Q 2024). Net income: ₹8.26m (down 68% from 1Q 2024). Profit margin: 3.8% (down from 12% in 1Q 2024). 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 90% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Oct 07
G M Polyplast Limited to Report Q1, 2025 Results on Oct 15, 2024 G M Polyplast Limited announced that they will report Q1, 2025 results on Oct 15, 2024 Reported Earnings • Jul 25
Full year 2024 earnings released: EPS: ₹5.27 (vs ₹3.66 in FY 2023) Full year 2024 results: EPS: ₹5.27 (up from ₹3.66 in FY 2023). Revenue: ₹920.2m (up 12% from FY 2023). Net income: ₹70.9m (up 44% from FY 2023). Profit margin: 7.7% (up from 6.0% in FY 2023). 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 but the company’s share price has increased by 100% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Jul 22
G M Polyplast Limited, Annual General Meeting, Aug 13, 2024 G M Polyplast Limited, Annual General Meeting, Aug 13, 2024, at 15:00 Indian Standard Time. Location: the club mumbai,197, kashibai mahadev marg, shakti nagar, shanti nagar d.n.nagar, andheri (w), andheri (w) - 400053, mumbai India New Risk • May 25
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. 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). High level of non-cash earnings (24% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₹2.45b market cap, or US$29.4m). Duyuru • May 17
G M Polyplast Limited to Report Q4, 2024 Results on May 22, 2024 G M Polyplast Limited announced that they will report Q4, 2024 results on May 22, 2024 Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹154, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 28x in the Chemicals industry in India. Total returns to shareholders of 545% over the past three years. Reported Earnings • Nov 13
First half 2024 earnings released: EPS: ₹3.78 (vs ₹1.88 in 1H 2023) First half 2024 results: EPS: ₹3.78 (up from ₹1.88 in 1H 2023). Revenue: ₹433.4m (flat on 1H 2023). Net income: ₹50.9m (up 101% from 1H 2023). Profit margin: 12% (up from 5.8% in 1H 2023). 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 90% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Nov 09
G M Polyplast Limited Approves to Declare the Interim Dividend, Payable on or Before December 05, 2023 G M Polyplast Limited at the board meeting held on November 07, 2023, approved to declare, the interim dividend of INR. 0.50 (i.e. 5%) per equity share of face value INR 10 each. The Company has fixed November 20, 2023 as the record date for the purpose of recognizing the shareholders for payment of Interim Dividend. The Dividend shall be paid on or before December 05, 2023. Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹198, the stock trades at a trailing P/E ratio of 54.1x. Average trailing P/E is 28x in the Chemicals industry in India. Total returns to shareholders of 290% over the past year. Duyuru • Aug 23
G M Polyplast Limited Announces Resignation of Mr. Tushar Nitinchandra Pandya as Chief Financial Officer with Effect from August 28, 2023 G M Polyplast Limited announced resignation of Mr. Tushar Nitinchandra Pandya as Chief Financial Officer with effect from August 28, 2023. Reported Earnings • Aug 07
Full year 2023 earnings released: EPS: ₹3.66 (vs ₹3.12 in FY 2022) Full year 2023 results: EPS: ₹3.66 (up from ₹3.12 in FY 2022). Revenue: ₹822.6m (up 11% from FY 2022). Net income: ₹49.2m (up 17% from FY 2022). Profit margin: 6.0% (up from 5.7% in FY 2022). The increase in margin was driven by higher revenue. Duyuru • Aug 06
G M Polyplast Limited, Annual General Meeting, Aug 29, 2023 G M Polyplast Limited, Annual General Meeting, Aug 29, 2023, at 10:00 Indian Standard Time. Location: Hotel Sahara Star, Nehru Road, Opp. Domestic AirportVile Parle (East) Vile Parle (East) Mumbai India Agenda: To receive, consider and adopt the Audited financial statements of the Company for the year ended March 31, 2023, including Balance Sheet, Profit and Loss Account and Cash Flow Statement, the Director's Report and Auditor's Report thereon; to appoint a director in place of Mr. Dinesh Balbeer Sharma, who retires by rotation and being eligible, offers himself for re-appointment; and to consider other matters. New Risk • Jun 13
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 38% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (38% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Share price has been volatile over the past 3 months (8.6% average weekly change). Market cap is less than US$100m (₹1.55b market cap, or US$18.8m). Reported Earnings • Jun 02
Full year 2023 earnings released: EPS: ₹7.08 (vs ₹3.12 in FY 2022) Full year 2023 results: EPS: ₹7.08 (up from ₹3.12 in FY 2022). Revenue: ₹1.55b (up 110% from FY 2022). Net income: ₹95.4m (up 128% from FY 2022). Profit margin: 6.1% (up from 5.7% in FY 2022). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • May 09
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹127, the stock trades at a trailing P/E ratio of 34.5x. Average trailing P/E is 21x in the Chemicals industry in India. Total returns to shareholders of 358% over the past year. Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹129, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 389% over the past year. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹113, the stock trades at a trailing P/E ratio of 30.6x. Average trailing P/E is 20x in the Chemicals industry in India. Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹121, the stock trades at a trailing P/E ratio of 32.8x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 357% over the past year. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹172, the stock trades at a trailing P/E ratio of 46.7x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 521% over the past year. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 15% share price gain to ₹1,222, the stock trades at a trailing P/E ratio of 47.3x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 560% over the past year. Valuation Update With 7 Day Price Move • Dec 16
Investor sentiment improved over the past week After last week's 18% share price gain to ₹1,013, the stock trades at a trailing P/E ratio of 39.2x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 479% over the past year. Valuation Update With 7 Day Price Move • Nov 21
Investor sentiment improved over the past week After last week's 28% share price gain to ₹958, the stock trades at a trailing P/E ratio of 37.1x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 450% over the past year. Reported Earnings • Nov 20
First half 2023 earnings released First half 2023 results: Revenue: ₹434.6m (up 45% from 1H 2022). Net income: ₹25.3m (up 44% from 1H 2022). Profit margin: 5.8% (in line with 1H 2022). Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Suhas Rane was the last independent director to join the board, commencing their role in 2022. 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 • Nov 10
Investor sentiment improved over the past week After last week's 16% share price gain to ₹681, the stock trades at a trailing P/E ratio of 31.2x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 273% over the past year. Duyuru • Nov 07
G M Polyplast Limited to Report Q2, 2023 Results on Nov 14, 2022 G M Polyplast Limited announced that they will report Q2, 2023 results on Nov 14, 2022 Valuation Update With 7 Day Price Move • Oct 16
Investor sentiment improved over the past week After last week's 16% share price gain to ₹561, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 207% over the past year. Board Change • Oct 13
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Suhas Rane was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Oct 01
G M Polyplast Limited Appoints Suhas Rane as Independent Director G M Polyplast Limited appointed Mr. Suhas Rane as Independent Director of the company. He has done his PhD in Supply Chain Management, University of Pune, India and has perused DMS, Management Diploma, from University of Mumbai, Welingkar Institute after completing his graduation in the field of Engineering in Mechanics, University in Mumbai, India. He has also been the Associate Dean -ICFAI Business School, Mumbai and Director (Planning & Admin), NMIMS University and had been associated with reputed companies like Tata Motors, Mahindra & Mahindra, Pidilite. He serves as a visiting faculty at highly regarded Institutes like Narsee Monjee Institute of Management Studies (NMIMS): Mumbai, S.P. Jain: Mumbai, Singapore & Dubai, Indo German Training Centre: Mumbai, CII: Vikroli, Mumbai. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improved over the past week After last week's 16% share price gain to ₹486, the stock trades at a trailing P/E ratio of 22.3x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 164% over the past year. Reported Earnings • Sep 10
Full year 2022 earnings released: EPS: ₹21.81 (vs ₹20.02 in FY 2021) Full year 2022 results: EPS: ₹21.81 (up from ₹20.02 in FY 2021). Revenue: ₹738.7m (up 42% from FY 2021). Net income: ₹41.9m (up 20% from FY 2021). Profit margin: 5.7% (down from 6.7% in FY 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improved over the past week After last week's 16% share price gain to ₹306, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 68% over the past year. Duyuru • Sep 07
G M Polyplast Limited, Annual General Meeting, Sep 30, 2022 G M Polyplast Limited, Annual General Meeting, Sep 30, 2022, at 10:30 Indian Standard Time. Location: Hotel Sahara Star, Nehru Road, Opp. Domestic Airport Vile Parle (East) Mumbai India Agenda: To consider and approve the audited financial statements of the company for the year ended March 31, 2022, including balance sheet, profit and loss account and cash flow statement, the director's report and auditor's report thereon; to consider and approve the interim dividend; to consider and approve the appointment of a directors; to consider the increase in authorized share capital of the company; and to consider the alteration of memorandum of association of the company. Duyuru • Aug 28
G M Polyplast Limited Approves Resignation of Dinesh Rathod as Independent Director G M Polyplast Limited announced that at its board meeting held on August 27, 2022, approved the resignation of Mr. Dinesh Rathod as independent director of the company. Valuation Update With 7 Day Price Move • Jul 26
Investor sentiment improved over the past week After last week's 21% share price gain to ₹290, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 18x in the Chemicals industry in India. Total returns to shareholders of 74% over the past year. Board Change • Jul 21
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Subramanian Vaidya was the last independent director to join the board, commencing their role in 2020. 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 • May 23
Investor sentiment improved over the past week After last week's 28% share price gain to ₹246, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 18x in the Chemicals industry in India. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Subramanian Vaidya was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Subramanian Vaidya was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Nov 17
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 24 November 2021. Payment date: 11 December 2021. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (0.7%). Board Change • Nov 08
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Subramanian Vaidya was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Subramanian Vaidya was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 30
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Subramanian Vaidya was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 02
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Subramanian Vaidya was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Feb 08
G M Polyplast Limited to Report Q3, 2021 Results on Feb 16, 2021 G M Polyplast Limited announced that they will report Q3, 2021 results on Feb 16, 2021 