---
title: "Nidhi Polyester Ltd (506123) — Share Price, Financials & Analysis"
symbol: "506123"
company: "Nidhi Polyester Ltd"
canonical: "https://tapetide.com/stocks/506123"
bse_code: "506123"
generated_at: "2026-10-13T11:01:43.315Z"
---

# Nidhi Polyester Ltd (506123)

Canonical page: https://tapetide.com/stocks/506123

## Company

- **BSE Code:** 506123
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Company has a low return on equity of 0.60% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 71% | 230% | 78% |
| revenue growth | 72% | 115% | 66% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2022 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 5.05 | 8.55 | 17.54 | 15.33 | 14.29 | 15.26 |
| Expenses | 3.33 | 5.94 | 12.51 | 11.1 | 10.77 | 10.97 |
| Operating Profit | 1.72 | 2.61 | 5.03 | 4.23 | 3.52 | 4.29 |
| OPM % | 34.06 | 30.53 | 28.68 | 27.59 | 24.63 | 28.11 |
| Other Income | 0.18 | 0.11 | 0.08 | 0.63 | -0.1 | 0.15 |
| Interest | 0.75 | 0.72 | 0.34 | 0.26 | 0.26 | 0.41 |
| Depreciation | 0.24 | 0.3 | 0.34 | 0.35 | 0.58 | 0.54 |
| Profit before tax | 0.91 | 1.7 | 4.43 | 4.25 | 2.58 | 3.49 |
| Tax % | 0 | 5.88 | 26.86 | 19.53 | 34.88 | 12.89 |
| Net Profit | 0.92 | 1.6 | 3.25 | 3.41 | 1.68 | 3.04 |
| EPS in Rs | 50.97 | 3.72 | 5.78 | 5.58 | 2.75 | 4.98 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 12.14 | 3.42 | 1.82 | 0.09 | 0.04 | 0.04 | 0.05 | 0.03 | 0.29 | 0.5 |
| Expenses | 0.21 | 0.45 | 0.04 | 0.01 | 0.01 | 0.15 | 0.02 | 0.22 | 0.01 | 0.01 |
| Operating Profit | 11.93 | 2.97 | 1.78 | 0.08 | 0.03 | -0.11 | 0.03 | -0.19 | 0.28 | 0.49 |
| OPM % | 98.27 | 86.84 | 97.8 | 88.89 | 75 | -275 | 60 | -633.33 | 96.55 | 98 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0 |
| Profit before tax | 11.92 | 2.96 | 1.77 | 0.07 | 0.02 | -0.12 | 0.02 | -0.2 | 0.27 | 0.49 |
| Tax % | 23.57 | 8.78 | 10.73 | 0 | 0 | 16.67 | 50 | -35 | 25.93 | 26.53 |
| Net Profit | 9.11 | 2.7 | 1.58 | 0.07 | 0.02 | -0.13 | 0.01 | -0.13 | 0.21 | 0.36 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Reserves | 19.1 | 21.8 | 23.38 | 23.45 | 23.47 | 23.34 | 23.35 | 23.22 | 23.43 | 23.77 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 1.61 | 1.75 | 1.52 | 0.48 | 0.22 | 0.02 | 0.02 | 0.01 | 0 | 0.02 |
| Total Liabilities | 21.71 | 24.55 | 25.9 | 24.93 | 24.69 | 24.36 | 24.37 | 24.23 | 24.43 | 24.79 |
| Fixed Assets | 0.16 | 0.16 | 0.15 | 0.14 | 0.13 | 0.12 | 0.12 | 0.11 | 0.09 | 0.07 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 12.42 | 15.6 | 17.71 | 17.78 | 17.8 | 17.5 | 17.72 | 17.54 | 17.55 | 17.83 |
| Other Assets | 9.13 | 8.79 | 8.04 | 7.01 | 6.76 | 6.74 | 6.53 | 6.58 | 6.79 | 6.89 |
| Total Assets | 21.71 | 24.55 | 25.9 | 24.93 | 24.69 | 24.36 | 24.37 | 24.23 | 24.43 | 24.79 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 8.14 | 1.27 | 0 | -0.01 | -0.01 | -0.08 | — | — | -0.29 | -0.21 |
| Cash from Investing Activity | -8.03 | -0.77 | -0.62 | 0.01 | 0.01 | 0.21 | — | — | 0.29 | 0.21 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | 0 | — | — | 0 | 0 |
| Net Cash Flow | 0.11 | 0.5 | -0.62 | 0 | 0 | 0.13 | — | — | 0 | 0 |
| Free Cash Flow | 8.14 | 1.27 | 0 | -0.01 | -0.01 | -0.08 | — | — | -0.28 | -0.21 |
| CFO/OP | 68 | 43 | 0 | -12 | -33 | 73 | — | — | -86 | -24 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 33.07 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | — | 0 | — | — | — | — | — | — | — | — |
| Cash Conversion Cycle | 33.07 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Working Capital Days | 223.39 | 688.38 | 1313.6 | 26604.44 | 59860 | -91.25 | 0 | 730 | 365 | 292 |
| ROCE % | — | 13.8 | 7.5 | 0.29 | 0.08 | -0.49 | 0.08 | -0.82 | 1.11 | 1.99 |

## Shareholding Pattern

### annual

| Category | Mar 2024 | Mar 2025 | Oct 2025 |
| --- | --- | --- | --- |
| Promoters | 72.98% | 67.18% | 67.71% |
| DIIs | 0% | 0% | 0.1% |
| Public | 27.03% | 32.82% | 32.19% |
| No. of Shareholders | 753 | 1327 | 1697 |

### Quarterly

| Category | Oct 2023 | Mar 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Sep 2025 | Oct 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 72.98% | 72.98% | 72.98% | 72.98% | 67.18% | 67.18% | 67.71% |
| DIIs | 0% | 0% | 0.06% | 0.06% | 0% | 0.1% | 0.1% |
| Public | 27.02% | 27.03% | 26.95% | 26.96% | 32.82% | 32.72% | 32.19% |
| No. of Shareholders | 1383 | 753 | 1007 | 1216 | 1327 | 1694 | 1697 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 4 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 928.24 | Sell |
| EMA (10) | 925.44 | Sell |
| SMA (20) | 975.02 | Sell |
| EMA (20) | 944.25 | Sell |
| SMA (50) | 970.15 | Sell |
| EMA (50) | 975.69 | Sell |
| SMA (100) | 1035.62 | Sell |
| EMA (100) | 1018.82 | Sell |
| SMA (200) | 1101.62 | Sell |
| EMA (200) | 1085.7 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 38.61 | Neutral |
| MACD (12,26,9) | -19.23 | Sell |
| Stochastic (14,3,3) | 6.84 | Buy |
| ADX (14) | 19.05 | Neutral |
| Williams %R (14) | -89.89 | Buy |
| ATR (14) | 43.43 | High Volatility |
| ROC (12) | -14.87 | Sell |
| Stoch RSI (14) | 6.16 | Buy |
| UO (7,14,28) | 42.97 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-03-10 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/xml-data/corpfiling/AttachLive/324aff7f-9a9d-4360-920e-2e542008ea57.pdf) |
| 2026-03-10 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/xml-data/corpfiling/AttachLive/02f19678-a37e-4518-acbc-bcd47685ae9a.pdf) |
| 2026-03-09 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/xml-data/corpfiling/AttachLive/a674b13e-0a62-4a74-abe4-c787ed49679f.pdf) |
| 2026-02-24 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eb185b16-29e2-4a32-aa88-9c9755252e7c.pdf) |
| 2026-02-24 | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1411f122-31c7-4ae1-b458-1ebec2391f59.pdf) |
| 2026-02-13 | [Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8f713f47-34aa-4787-9cbe-5c2fc6566d22.pdf) |
| 2026-02-10 | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report](https://www.bseindia.com/xml-data/corpfiling/AttachHis/66c530af-cc73-438d-be94-4f05d29c9b19.pdf) |
| 2026-02-07 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1b5fc8e1-2e54-4136-bcd0-12208384234c.pdf) |
| 2026-02-06 | [Corrigendum To The Notice Of Extra Ordinary General Meeting Held On Saturday, December 06, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ebf68111-5093-4d77-a330-8ecf9ab86553.pdf) |
| 2026-01-29 | [Board Meeting Outcome for Outcome Of Board Meeting Held On Thursday, January 29, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4bae6ad7-f231-447b-9c92-fede434d594d.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0dfd6aa2-888f-4374-a401-da7c46d9b70d.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/689e7186-1e3a-4b9b-8d23-16f3f1bd7443.pdf) |
| Mar 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport/506123/5061230311.pdf) |
| Mar 2010 | [Annual Report 2010](https://www.bseindia.com/bseplus/AnnualReport/506123/5061230310.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2025 | [Concall - Sep 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bdc3754e-05f1-4d37-8e62-f5ee68dbbe16.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/70d447a7-4173-4c10-bcf5-a5becdf6bc2b.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:01:43.315Z.