WEBSITE BSE:539200 NSE: NOBPOL Inc. Year: 1994 Industry: Plastic Products My Bucket: Add Stock
Last updated: 11:30
No Notes Added Yet
1. Business Overview
Noble Polymers Ltd. (NOBPOL) is an Indian company operating in the Plastic Products sector. Its core business involves the manufacturing and sale of various plastic-based products. This likely includes processing raw plastic polymers (e.g., PE, PP, PVC) through methods such as injection molding, blow molding, extrusion, or thermoforming, to produce finished or semi-finished goods. The company's business model could encompass both B2B (supplying components or packaging to other industries) and B2C (manufacturing consumer-facing plastic goods). Revenue is generated directly from the sale of these manufactured plastic products to customers.
2. Key Segments / Revenue Mix
Specific key segments and their revenue contributions for Noble Polymers Ltd. are not publicly available. However, typical segments for a plastic products manufacturer in India could include:
Packaging: Films, bottles, containers, bags for food & beverage, pharmaceuticals, consumer goods.
Industrial/Automotive Components: Parts for manufacturing, electrical, automotive sectors.
Consumer Goods: Household items, toys, furniture.
Agriculture: Pipes, irrigation components, nets.
Construction: Pipes, fittings, profiles.
Without specific data, the exact revenue mix remains undefined.
3. Industry & Positioning
The plastic products industry in India is characterized by its fragmentation, with numerous small, medium, and large-scale players. It is largely driven by demand from a diverse range of end-user industries such as packaging, automotive, construction, agriculture, and consumer durables. The industry is sensitive to raw material price fluctuations (linked to crude oil) and evolving environmental regulations. Without specific details on NOBPOL's scale or market share, its positioning cannot be definitively determined. It could be a cost leader, a niche player focusing on specialized products, or a regional player serving specific end-markets, competing with both larger diversified players and smaller localized manufacturers.
4. Competitive Advantage (Moat)
Specific competitive advantages for Noble Polymers Ltd. are not known. Potential moats in the plastic products industry could include:
Scale & Cost Efficiency: Large production capacities leading to economies of scale in procurement and manufacturing.
Proprietary Technology/Expertise: Specialized molding techniques, advanced material science, or patented product designs.
Strong Customer Relationships: Long-term contracts and deep integration with key B2B clients, creating high switching costs.
Efficient Distribution Network: Robust supply chain capabilities ensuring timely delivery across a wide geographical area.
Brand Recognition: (If catering to B2C) A strong brand identity and consumer loyalty.
Without further information, it is difficult to ascertain if Noble Polymers Ltd. possesses a durable competitive advantage.
5. Growth Drivers
Key factors that could drive growth for Noble Polymers Ltd. over the next 3-5 years include:
India's Economic Growth: Increasing disposable incomes, urbanization, and industrialization fueling demand across various end-user sectors.
Growth in End-User Industries: Expansion in sectors like packaging, automotive, consumer goods, and construction will directly translate into higher demand for plastic products.
Infrastructure Development: Government initiatives in infrastructure will boost demand for plastic pipes, fittings, and other construction-related products.
Substitution Trend: Continued shift from traditional materials (metal, wood, glass) to plastics due to advantages in cost, weight, durability, and design flexibility.
Technological Advancements: Adoption of new polymer grades and advanced manufacturing processes to produce higher-value, specialized products.
6. Risks
Raw Material Price Volatility: Plastic polymers are derivatives of crude oil, making the company susceptible to fluctuations in global oil prices.
Environmental Regulations: Increasing scrutiny and regulations on single-use plastics, waste management, and recycling mandates could impact business models and increase operational costs.
Intense Competition & Pricing Pressure: The fragmented nature of the industry often leads to price wars and compressed margins.
Dependence on End-User Industries: A slowdown in key client sectors (e.g., automotive, construction) could adversely affect demand.
Technological Obsolescence: Failure to invest in new machinery or adapt to evolving processing technologies could erode competitiveness.
Supply Chain Disruptions: Global or domestic events impacting logistics or raw material availability.
7. Management & Ownership
Specific details regarding the promoters, management team's experience, or ownership structure of Noble Polymers Ltd. are not available. In many Indian companies, promoter families often hold significant stakes and play a crucial role in strategic decision-making and day-to-day operations. The quality of management, their vision for growth, and their ability to navigate industry challenges are critical for the company's long-term success.
8. Outlook
Noble Polymers Ltd., as a participant in India's plastic products industry, stands to benefit from the country's robust economic growth and increasing industrial and consumer demand for plastic goods. The underlying demand drivers from various end-user sectors are strong, suggesting potential for expansion. However, the company faces significant challenges including the inherent volatility of raw material prices, intense competitive pressures, and an evolving regulatory landscape concerning plastic usage and waste management. Success will hinge on its ability to manage costs efficiently, innovate in product development and processes, build strong customer relationships, and adapt effectively to environmental policy shifts. Without specific operational and financial details, its future performance remains largely dependent on these execution factors and broader industry dynamics.
Our experts help you choose the right stocks based on performance, risk, and growth potential.
Market Cap ₹2 Cr.
Stock P/E 0.6
P/B 0.4
Current Price ₹2.9
Book Value ₹ 7.3
Face Value 5
52W High ₹2.9
Dividend Yield 0%
52W Low ₹ 0.5
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income | 0 | 0 | 6 | -2 | 0 | -0 | 0 | 0 | 0 | -0 |
| Total Income | 0 | 0 | 6 | -2 | 0 | -0 | 0 | 0 | 0 | -0 |
| Total Expenditure | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Operating Profit | 0 | -0 | 5 | -2 | 0 | -0 | 0 | -0 | 0 | -2 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | -0 | 5 | -2 | 0 | -0 | 0 | -0 | 0 | -2 |
| Provision for Tax | 0 | 0 | 1 | -0 | 0 | -0 | 0 | -0 | 0 | 0 |
| Profit After Tax | 0 | -0 | 5 | -1 | 0 | -0 | 0 | -0 | 0 | -2 |
| Adjustments | 0 | 0 | 0 | 0 | -0 | -0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 0 | -0 | 5 | -1 | 0 | -0 | 0 | -0 | 0 | -2 |
| Adjusted Earnings Per Share | 0 | -0 | 7.1 | -2.3 | 0.5 | -0.4 | 0.2 | -0.1 | 0 | -2.6 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 0 |
| Total Income | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 0 |
| Total Expenditure | 1 | 1 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 1 |
| Operating Profit | 0 | 0 | -1 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 4 | -2 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 0 | 0 | -1 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 4 | -2 |
| Provision for Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Profit After Tax | 0 | 0 | -1 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 3 | -2 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 0 | 0 | -1 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 3 | -2 |
| Adjusted Earnings Per Share | 0 | 0 | -2.1 | 0 | 0 | 0 | 0 | 0 | 0.2 | -0 | 4.9 | -2.5 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 0% | 0% | 0% | -100% |
| Operating Profit CAGR | 0% | 0% | 0% | 0% |
| PAT CAGR | 0% | 0% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | NA% | NA% | NA% | -5% |
| ROE Average | 101% | 34% | 20% | -12% |
| ROCE Average | 104% | 41% | 25% | 4% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 1 | 1 | -0 | 0 | 0 | 0 | 0 | 0 | -0 | -0 | 6 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 3 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| Total Liabilities | 4 | 3 | 3 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 8 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 4 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 |
| Total Current Assets | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 6 |
| Total Assets | 4 | 3 | 3 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 8 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow from Operating Activities | 0 | -2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 3 |
| Cash Flow from Investing Activities | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -7 |
| Cash Flow from Financing Activities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 4 |
| Net Cash Inflow / Outflow | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Closing Cash & Cash Equivalent | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| # | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 0.01 | 0.01 | -2.08 | 0 | 0 | 0 | 0 | 0 | 0.18 | -0 | 4.93 |
| CEPS(Rs) | 0.01 | 0.01 | -2.08 | 0 | 0 | 0 | 0 | 0 | 0.18 | -0 | 4.93 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 1.85 | 1.87 | -0.07 | 0 | 0 | 0 | 0 | 0 | -0.08 | -0.08 | 9.85 |
| Core EBITDA Margin(%) | -15.99 | -9.65 | -172.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBIT Margin(%) | 0.96 | 4.47 | -148.46 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre Tax Margin(%) | 0.95 | 0.55 | -148.47 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PAT Margin (%) | 0.65 | 0.38 | -148.47 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Profit Margin (%) | 0.65 | 0.38 | -148.47 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| ROA(%) | 0.18 | 0.13 | -48.35 | 0 | 0 | 0 | 0 | 0 | 7.58 | -0.54 | 71.68 |
| ROE(%) | 0.66 | 0.4 | -229.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 101.04 |
| ROCE(%) | 0.3 | 1.82 | -76.74 | 0 | 0 | 0 | 0 | 0 | 20.12 | -0.78 | 104.1 |
| Receivable days | 157.25 | 129.28 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | 89.43 | 99.34 | 244.39 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PER(x) | 0 | 1293.33 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Price/Book(x) | 0 | 5.18 | -22.61 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 4.78 | 5.51 | 1.58 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Core EBITDA(x) | 497.51 | 123.28 | -1.06 | 0 | 0 | 0 | 0 | 0 | 22.78 | -1343.96 | 0.97 |
| Net Sales Growth(%) | 15.28 | 2.39 | -29.89 | -100 | 0 | 0 | 0 | 0 | -100 | 0 | 0 |
| EBIT Growth(%) | 4.4 | 376.19 | -2429.74 | 100 | 0 | 0 | 0 | 0 | 111.87 | -101.69 | 0 |
| PAT Growth(%) | 3.82 | -40.96 | 0 | 100 | 0 | 0 | 0 | 0 | 108.76 | -102.38 | 0 |
| EPS Growth(%) | 3.8 | -41.18 | 0 | 100 | 0 | 0 | 0 | 0 | 108.76 | -102.37 | 0 |
| Debt/Equity(x) | 2.4 | 0.86 | -29.45 | 0 | 0 | 0 | 0 | 0 | -7.68 | -7.28 | 0.11 |
| Current Ratio(x) | 4.09 | 1.36 | 0.63 | 0 | 0 | 0 | 0 | 0 | 2.93 | 0.05 | 3.94 |
| Quick Ratio(x) | 4.09 | 1.36 | 0.63 | 0 | 0 | 0 | 0 | 0 | 0.02 | 0.05 | 3.94 |
| Interest Cover(x) | 75.32 | 1.14 | 0 | 0 | 0 | 0 | 0 | 0 | 409.65 | -27 | 0 |
| Total Debt/Mcap(x) | 0 | 0.17 | 1.3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.1 |
| Public | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 99.9 | 99.9 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 0.65 | 0.65 | 0.65 | 0.65 | 0.65 | 0.65 | 0.65 | 0.65 | 0.65 | 0.65 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0.65 | 0.65 | 0.65 | 0.65 | 0.65 | 0.65 | 0.65 | 0.65 | 0.65 | 0.65 |
* The pros and cons are machine generated.
You May Also Know About
Looking to buy unlisted shares or need guidance on the investment process? Our expert Private Equity Advisors are here to assist you with accurate information, real-time pricing, and seamless execution.
Want to sell unlisted shares, liquidate your ESOPs, or understand the step-by-step process of liquidation? Connect with our Buying Team for smooth coordination, quick evaluations, and end-to-end support.
Planning to build or grow your portfolio? For Mutual Fund investments, PMS solutions, tailored portfolio creation, and overall wealth management, our dedicated Wealth Team is ready to guide you.