Latest news with #PolyplexCorporation
Business Standard
04-07-2025
- Business
- Business Standard
India Ratings affirms ratings of Polyplex Corporation with 'stable' outlook
Polyplex Corporation said that India Ratings and Research has affirmed the company's long-term rating at 'IND AA-' with 'stable' outlook. The agency has also affirmed the companys short-term rating at 'IND A1+. India Ratings and Research stated the affirmation reflects an improvement in the consolidated financial performance in FY25 while maintaining a strong credit profile, in line with the agencys expectations. The ratings continue to be supported by the companys strong position in the flexible packaging industry. The agency further said that developments that could, individually or collectively, lead to a positive rating action include an improvement in the scale and operating EBITDA, and maintaining the share of value-added products in the overall revenue and EBITDA mix, while maintaining the credit metrics on a sustained basis. However, delays, cost over-runs or a slower-than- expected ramp-up for new projects, a decline in the consolidated revenue or sustained deterioration in the operating EBITDA, large, debt-funded capex or acquisition, leading to sustained deterioration in the net leverage, and any adverse government regulatory action negatively impacting the sector could lead to an adverse rating action. Polyplex Corporation (PCL) has a product portfolio includes PET films (thin & thick), BOPP, cast polypropylene and blown polypropylene. These products are used in flexible packaging besides several industrial applications such as tapes, labels, thermal lamination, imaging and graphics, photo-voltaic and optical applications. The companys manufacturing facilities spread across India, the US, Thailand, Turkey and Indonesia. The scrip rose 0.21% to currently trade at Rs 1205.65 on the BSE.
Business Standard
29-05-2025
- Business
- Business Standard
Polyplex Corp slumps after weak Q4 performance
Polyplex Corporation tumbled 5.77% to Rs 1297 after the company reported a consolidated net loss of Rs 8.65 crore in Q4 FY25 as against a net profit of Rs 31.37 crore recorded in Q4 FY24. Net sales rose by 3.6% to Rs 1,739.56 crore in Q4 March 2025 over Q4 March 2024. The company posted a pre-tax loss of Rs 5.61 crore in the fourth quarter as against a pre-tax profit of Rs 21.13 crore recorded in the same period last year. Total operating expenditure rose 5.9% to Rs 1,675.66 crore in Q4 FY25 over Q4 FY24. During the quarter, cost of materials consumed stood at Rs 1,057.12 crore (down 12.5% YoY) while employee benefits expense was at Rs 160.16 crore (down 7.8% YoY). Other expenses increased by 52.5% YoY to Rs 315.41 crore in Q4 FY25. PBIDT came in at Rs 81.63 crore, down 28% YoY. PBIDT margin was 4.69% in Q4 FY25 as against 6.75% in Q4 FY24. For the full year FY25, net sales 9.2% YoY to Rs 6,885.18 crore, while net profit increased by 5.5x YoY to Rs 209.21 crore. Polyplex Corporations product portfolio includes PET films (thin & thick), BOPP, cast polypropylene and blown polypropylene. These products are used in flexible packaging besides several industrial applications such as tapes, labels, thermal lamination, imaging and graphics, photo-voltaic and optical applications.
Business Standard
29-05-2025
- Business
- Business Standard
Polyplex Corporation consolidated net profit rises 20.07% in the March 2025 quarter
Sales rise 3.63% to Rs 1739.56 crore Net profit of Polyplex Corporation rose 20.07% to Rs 10.11 crore in the quarter ended March 2025 as against Rs 8.42 crore during the previous quarter ended March 2024. Sales rose 3.63% to Rs 1739.56 crore in the quarter ended March 2025 as against Rs 1678.69 crore during the previous quarter ended March 2024. For the full year,net profit rose 453.03% to Rs 209.21 crore in the year ended March 2025 as against Rs 37.83 crore during the previous year ended March 2024. Sales rose 9.17% to Rs 6885.18 crore in the year ended March 2025 as against Rs 6306.87 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 1739.561678.69 4 6885.186306.87 9 OPM % 3.675.75 - 10.115.79 - PBDT 70.47103.03 -32 745.32383.04 95 PBT -5.6121.13 PL 445.3475.91 487 NP 10.118.42 20 209.2137.83 453
Time of India
22-04-2025
- Business
- Time of India
Dolly Khanna portfolio: Ace investor adds 2 new smallcaps in March quarter, raises stake in Som Distilleries, 6 others
Dolly Khanna, the ace investor, strategically adjusted her portfolio in the March quarter, adding GHCL and Polyplex Corporation. Simultaneously, she increased her stakes in Som Distilleries, Prakash Industries, and several others, signaling confidence in these counters. These moves reflect Khanna's continued focus on smallcap stocks, aligning with her long-term investment strategy. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Stake in March ended quarter – 20 Microns – Mangalore Chemicals & Fertilizers – Prakash Pipes Tired of too many ads? Remove Ads – Stove Kraft – KCP Sugar Ace investor Dolly Khanna has added two new smallcap stocks in her portfolio in the quarter ended March 31, 2025 while increasing her stakes in seven other bought 1.03% stake in GHCL while 1.16% in Polyplex Corporation in the January-March is a Noida-based company which manufactures industrial soda and soda ash while the latter manufactures polyester film for packaging, electrical and various industrial has delivered 22% returns in the past one year while declining by 15% in 2025, so far. As for Polyplex Corporation, the counter has rallied 44% over a 1-year period while eroding 7% on the year-to-date stocks in which it has raised its holding include Som Distilleries Stove Kraft and KCP Sugar Khanna increased her stake in the company by 102 bps to 2.41% in the January-March quarter versus 1.39% in the October-December increased her stake in this counter to 2.07% as on March 31, 2025, up from 1.28% in the December quarter. It is a 79 bps QoQ ace investor increased her stakes by 43 bps in this industrial minerals and speciality chemicals company bringing it to 1.71 at the end of March quarter versus 1.28% in the October-December raised her holding in this scrip in the March quarter to 2.18% from Rs 1.75% in the quarter Prakash Pipes, her stake increased by 37 bps to 4.08% in Q4FY25 versus 3.71% in Stove Kraft, Khanna's stake went up to 1.31% in the quarter under review versus 1.07% in the December ended Khanna's holding in KCP Sugar went up by 1.85 bps in January-March period versus 1.75% in the October-December is a Chennai based large investor, who is known to invest in lesser known pick specially smallcap stocks. She has been investing in the stock markets since 1996. According to Trendlyne, her portfolio is managed by her husband Rajiv Khanna and as per the latest corporate shareholding data compiled by Trendlyne, Khanna publicly holds 17 stocks with a net worth of over Rs 534 are shares held by Dolly Khanna as per the shareholding data filed with the exchanges. The latest quarter tends to have missing data since not all companies may have reported their shareholding data till other stocks in her portfolio include Talbros Automotive Chennai Petroleum and Emkay Global : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
