Key Financials Snapshot

TTM · Standalone · ₹ in Cr
Market Cap
₹48 Cr.
Stock P/E
-43
P/B
1.9
Current Price
₹44
Book Value
₹ 23.1
Face Value
10
52W High
₹59.5
52W Low
₹ 36.7
Dividend Yield
0%

Axel Polymers Overview

Business

Axel Polymers Ltd. operates in the Plastic Products sector in India. As indicated by its name, the company is likely involved in the manufacturing, compounding, or processing of polymers and various plastic products. Its core business model would typically involve sourcing raw plastic materials (monomers or basic polymers), processing them into intermediate products (e.g., compounds, masterbatches) or finished goods, and then selling these to various industrial clients or directly to consumers, depending on its specific product portfolio. The company primarily makes money through the sale of these plastic-based materials and products.

Revenue Mix

Without access to the company's financial reports, specific breakdowns of key segments and their revenue contributions are not available. However, based on the sector, potential segments could include:

Polymer Compounding: Developing specialized plastic compounds tailored for specific applications (e.g., automotive, electrical, packaging).

Masterbatches: Manufacturing concentrated mixtures of pigments or additives used to color or impart properties to plastics.

Engineering Plastics: Producing high-performance plastic materials for demanding applications.

Commodity Plastics: Manufacturing or processing more common plastic materials for general use.

The revenue mix would depend on the company's specialization within these areas.

Industry

The Indian plastic products industry is vast, diversified, and growing, driven by increasing domestic consumption, industrial expansion, and substitution of traditional materials. It is characterized by a mix of large integrated players, mid-sized specialized companies, and numerous small-scale manufacturers. Raw material prices, often linked to crude oil, play a significant role. Without specific market share data or product details, Axel Polymers' exact positioning relative to peers is not ascertainable. It likely positions itself either as a specialized provider of certain polymer compounds or masterbatches, or as a general manufacturer catering to a broad range of industries, competing on quality, price, and supply chain efficiency.

MOAT

Without specific details on Axel Polymers' operations, a definitive competitive advantage (moat) is difficult to assess. Potential sources of competitive advantage in the plastic products industry could include:

Specialized Formulations/R&D: Proprietary compounds or masterbatches that offer superior performance for niche applications.

Cost Leadership/Scale: Highly efficient manufacturing processes and procurement leading to lower costs.

Customer Relationships/Switching Costs: Strong, long-term relationships with industrial clients due to product customization, reliability, and integration into their supply chains.

Supply Chain Efficiency: Robust logistics and raw material sourcing that ensure consistent supply and competitive pricing.

Brand Reputation: A trusted name for quality and reliability, particularly in B2B segments.

Growth Drivers

Key factors that could drive growth for Axel Polymers Ltd. over the next 3-5 years include:

Economic Growth & Urbanization in India: Increasing disposable incomes and infrastructure development will boost demand across various end-user industries (packaging, automotive, construction, consumer goods).

Rise of End-User Industries: Growth in sectors like automotive, electronics, and construction, which rely heavily on specialized plastic components.

Substitution Trend: Continued replacement of traditional materials (metal, wood, glass) with plastics due to advantages in weight, cost, design flexibility, and durability.

Technological Advancements: Development of new polymer applications and advanced plastic materials for emerging sectors.

Government Initiatives: Policies like "Make in India" promoting domestic manufacturing and infrastructure projects.

Risks

Axel Polymers Ltd. faces several business risks, including:

Raw Material Price Volatility: Prices of polymers are often linked to crude oil, making the company susceptible to fluctuations in global oil markets.

Environmental Regulations: Increasing scrutiny and regulations on plastic use, single-use plastics, and waste management could impact demand or necessitate significant operational changes.

Intense Competition: The Indian plastic products industry is competitive, with both domestic and international players, leading to pressure on margins.

Economic Slowdown: A downturn in the broader economy could reduce demand from key end-user industries.

Technological Disruption: Emergence of alternative materials or manufacturing processes could render existing products or technologies less competitive.

Foreign Exchange Fluctuations: If the company relies on imported raw materials or exports products, currency volatility could impact profitability.

Management & Ownership

Information regarding the specific promoters, management quality, and detailed ownership structure for Axel Polymers Ltd. is not publicly available without further research. Typically, in India, many mid-sized companies like Axel Polymers are promoter-led, with the founding family or individuals holding a significant stake and actively involved in management. The remaining shares would be held by institutional investors, high-net-worth individuals, and the public. The quality of management would depend on their experience, strategic vision, operational efficiency, and governance practices.

Outlook

Axel Polymers Ltd. operates in a sector poised for significant growth in India, driven by robust economic expansion and increasing demand for plastics across diverse industries. The bull case for the company hinges on its ability to effectively manage raw material costs, innovate in specialized polymer compounds or products, maintain strong customer relationships, and expand its market reach. The bear case, however, considers the significant challenges posed by volatile raw material prices, intense competition, and an increasingly stringent regulatory environment regarding plastic usage and disposal. Its future performance will largely depend on its strategic agility in navigating these industry-specific opportunities and risks while maintaining operational efficiency and fostering innovation.

Axel Polymers Share Price

Live · BSE · Inception: 1992
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Standalone · annual

Axel Polymers Quarterly Results

#(Fig in Cr.) Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 37 42 14 11 14 12 11 9 13 16
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 37 42 14 11 14 12 11 9 13 16
Total Expenditure 36 42 14 11 11 11 10 9 13 15
Operating Profit 1 0 0 0 3 1 1 0 0 1
Interest 1 1 1 1 1 1 1 1 1 1
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 -1 -1 -1 2 0 0 -1 -1 0
Provision for Tax 1 0 0 0 0 0 0 0 0 0
Profit After Tax -0 -1 -1 -1 2 0 0 -1 -1 0
Adjustments 0 0 -0 0 0 0 0 0 0 -0
Profit After Adjustments -0 -1 -1 -1 2 0 0 -1 -1 0
Adjusted Earnings Per Share -0.1 -0.6 -0.9 -0.9 2.6 0.1 0 -0.6 -0.7 0.2

Axel Polymers Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 19 22 27 24 23 23 73 83 128 78 44 49
Other Income 0 0 0 0 0 0 1 0 0 0 0 0
Total Income 19 22 27 24 23 23 73 83 128 78 45 49
Total Expenditure 17 21 26 23 22 21 69 78 122 74 42 47
Operating Profit 1 1 1 2 1 2 5 5 6 4 3 2
Interest 1 1 1 1 1 1 3 3 3 3 3 4
Depreciation 0 0 0 0 0 0 0 1 1 1 1 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 0 0 0 0 0 1 2 2 0 -1 -2
Provision for Tax 0 0 0 -0 -0 -0 0 1 1 0 -0 0
Profit After Tax 0 0 0 0 0 0 1 1 2 0 -1 -2
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 0 0 0 0 0 1 1 2 0 -1 -2
Adjusted Earnings Per Share 0.4 0.5 0.5 1.1 0.2 0.4 1.1 1.4 1.8 0.2 -1 -1.1

Axel Polymers Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 1 1 1 2 2 2 12 14 15 15 25
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 1 1 1 1 0 1 5 6 7 6 3
Other Non-Current Liabilities 5 5 5 3 3 3 0 -0 0 0 5
Total Current Liabilities 7 7 8 8 10 15 38 35 42 46 38
Total Liabilities 13 14 15 14 16 22 55 55 65 67 70
Fixed Assets 3 4 4 4 4 3 8 9 10 10 10
Other Non-Current Assets 1 2 2 1 1 1 3 3 3 3 5
Total Current Assets 10 8 10 9 11 17 44 43 52 54 55
Total Assets 13 14 15 14 16 22 55 55 65 67 70

Axel Polymers Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 1 1 0 0 0 0 1 0 1 1 2
Cash Flow from Operating Activities -2 1 -1 1 1 -0 3 6 3 -4 -3
Cash Flow from Investing Activities 0 -1 -0 -1 -0 -0 -0 -2 -2 -1 -0
Cash Flow from Financing Activities 1 -1 1 -1 -1 0 -3 -4 -2 6 4
Net Cash Inflow / Outflow -0 -0 0 -0 0 -0 0 1 -0 1 1
Closing Cash & Cash Equivalent 0 0 0 0 0 -0 1 1 1 2 3

Axel Polymers Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) 0.36 0.5 0.54 1.09 0.22 0.44 1.08 1.39 1.83 0.2 -1.02
CEPS(Rs) 0.93 1 1.19 1.86 1.06 1.3 1.64 2.02 2.65 0.86 -0.36
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 2.35 2.81 3.4 4.49 4.63 5.11 14.47 15.89 17.6 17.78 22.95
Core EBITDA Margin(%) 5.7 4.61 4.74 6.82 6.09 6.91 5.64 6.2 4.53 5.08 5.48
EBIT Margin(%) 4.89 4.86 3.92 5.53 4.6 5.37 5.74 5.88 4.01 4.54 4.11
Pre Tax Margin(%) 0.75 1.05 1.03 1.78 0.34 0.54 1.84 2.06 1.79 0.4 -2.83
PAT Margin (%) 0.75 0.88 0.84 1.92 0.41 0.82 1.26 1.43 1.22 0.22 -2.54
Cash Profit Margin (%) 1.96 1.75 1.85 3.29 2 2.42 1.92 2.09 1.76 0.94 -0.9
ROA(%) 1.07 1.61 1.61 3.19 0.62 1 2.38 2.14 2.6 0.26 -1.64
ROE(%) 16.36 19.44 17.37 27.57 4.77 9.01 12.62 9.16 10.91 1.15 -5.58
ROCE(%) 17.01 17.77 13.74 14.66 11.13 12.12 17 12.63 12.93 7.88 3.5
Receivable days 88.17 47.83 31.23 33.45 30.73 60.67 42.43 42.09 26.54 51.35 84.39
Inventory Days 76.88 72.98 82.24 105.01 127 157.3 98.69 134.69 103.18 184.75 330.63
Payable days 98.81 34.85 23.91 21.88 41.73 104.37 68.68 81.7 60.5 107.19 140.21
PER(x) 11.52 19.76 43.66 12.49 36.76 28.27 46.06 30.32 39.06 200.93 0
Price/Book(x) 1.74 3.53 6.92 3.03 1.73 2.43 3.42 2.65 4.05 2.3 1.9
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.35 0.44 0.65 0.55 0.47 0.61 0.92 0.73 0.67 0.85 1.68
EV/Core EBITDA(x) 5.3 6.84 12.85 7.95 7.67 8.76 14.41 11.12 14.64 16.27 29.25
Net Sales Growth(%) 14.43 18.41 22.93 -9.63 -6.05 0.62 216.45 13.35 54.77 -38.96 -43.15
EBIT Growth(%) -0.54 19.32 -8.45 24.14 -21.89 17.44 238.12 16.16 5.62 -31.01 -48.48
PAT Growth(%) 22.38 41.05 7.67 101.81 -80.01 101.57 385.65 29.27 31.39 -88.85 -749.22
EPS Growth(%) 22.36 41.05 7.67 101.82 -80.01 101.6 145.21 29.26 31.39 -88.85 -602.65
Debt/Equity(x) 5.4 4.71 5.09 3.91 3.75 3.99 2.1 1.86 1.71 2.25 1.18
Current Ratio(x) 1.46 1.16 1.18 1.11 1.12 1.17 1.17 1.23 1.23 1.19 1.46
Quick Ratio(x) 0.85 0.36 0.37 0.25 0.26 0.41 0.42 0.3 0.29 0.32 0.38
Interest Cover(x) 1.18 1.27 1.36 1.48 1.08 1.11 1.47 1.54 1.8 1.1 0.59
Total Debt/Mcap(x) 3.1 1.34 0.74 1.29 2.17 1.65 0.61 0.7 0.42 0.98 0.62

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -44% -19% +14% +9%
Operating Profit CAGR -25% -16% +8% +12%
PAT CAGR — 0% — —
Share Price CAGR -7% -2% +2% +18%
ROE Average -6% +2% +6% +11%
ROCE Average +4% +8% +11% +13%

Axel Polymers Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 46.65 %
FII 0 %
DII (MF + Insurance) 0.18 %
Public (retail) 53.17 %
# Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 61.2661.2661.1661.1661.1661.1661.1660.2646.6546.65
FII 0000000000
DII 0.230.230.230.230.230.230.230.230.180.18
Public 38.5138.5138.6138.6138.6138.6138.6139.553.1753.17
Others 0000000000
Total 100100100100100100100100100100

Axel Polymers Peer Comparison

Plastic Products Edit Columns

Axel Polymers Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Axel Polymers Pros & Cons

Pros

  • Company has reduced debt.

Cons

  • Promoter holding is low: 46.65%.
  • Company has a low return on equity of 2% over the last 3 years.
  • Debtor days have increased from 107.19 to 140.21days.
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