---
title: "MTZ Polyfilms Ltd (512424) — Share Price, Financials & Analysis"
symbol: "512424"
company: "MTZ Polyfilms Ltd"
canonical: "https://tapetide.com/stocks/512424"
isin: "INE864A01011"
bse_code: "512424"
sector: "Commodities"
industry: "Chemicals & Petrochemicals"
generated_at: "2026-09-13T19:16:38.782Z"
---

# MTZ Polyfilms Ltd (512424)

Canonical page: https://tapetide.com/stocks/512424

## Company

- **BSE Code:** 512424
- **ISIN:** INE864A01011
- **Sector:** Commodities
- **Industry:** Chemicals & Petrochemicals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** mtzpoly.com

## About

The Company is engaged in the manufacture and sale of PET Film.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | -4% | 0% |
| revenue growth | 12% | 0% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 29 | 41 | 42 | 45 | 64 | 64 |
| Expenses | 27 | 36 | 36 | 42 | 55 | 57 |
| Operating Profit | 1 | 6 | 6 | 4 | 8 | 7 |
| OPM % | 5 | 14 | 14 | 8 | 13 | 11 |
| Other Income | 0 | 0 | 0 | 0 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 | 1 | 1 |
| Depreciation | 0 | 0 | 1 | 0 | 1 | 1 |
| Profit before tax | 1 | 5 | 5 | 3 | 8 | 7 |
| Tax % | 29 | 25 | 27 | 25 | 26 | 25 |
| Net Profit | 1 | 4 | 4 | 2 | 6 | 5 |
| EPS in Rs | 2.45 | 14.72 | 2.09 | 0.91 | 2.36 | 2.04 |

### Profit & Loss

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- | --- |
| Sales | 89 | 95 | 100 | 83 | 94 |
| Expenses | 95 | 100 | 93 | 83 | 96 |
| Operating Profit | -5 | -5 | 6 | 0 | -3 |
| OPM % | -6 | -6 | 6 | 0.2 | -2.9 |
| Other Income | 1 | 5 | 0 | 0 | 0 |
| Interest | 7 | 8 | 9 | 9 | 7 |
| Depreciation | 10 | 10 | 10 | 10 | 10 |
| Profit before tax | -22 | -19 | -12 | -19 | -20 |
| Tax % | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -22 | -19 | -12 | -19 | -20 |
| EPS in Rs | — | -2.14 | -1.36 | -2.1 | -2.19 |
| Dividend Payout % | 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 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 87 | 89 | 89 | 89 | 89 |
| Reserves | -59 | -72 | -84 | -102 | -122 |
| Borrowings | 128 | 128 | 134 | 159 | 165 |
| Other Liabilities | 34 | 37 | 34 | 16 | 20 |
| Total Liabilities | 189 | 182 | 173 | 162 | 153 |
| Fixed Assets | 132 | 122 | 113 | 103 | 93 |
| CWIP | 37 | 38 | 38 | 38 | 38 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 20 | 22 | 22 | 21 | 22 |
| Total Assets | 189 | 182 | 173 | 162 | 153 |

### Cash Flow

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -7 | -7 | -5 | -10 | -5 |
| Cash from Investing Activity | -2 | -1 | -1 | 0 | 0 |
| Cash from Financing Activity | 9 | 9 | 6 | 10 | 6 |
| Net Cash Flow | -1 | 0 | 0 | 0 | 0 |
| Free Cash Flow | -9 | -8 | -6 | -10 | -5 |
| CFO/OP | 136 | 137 | -82 | -5965 | 199 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 22 | 18 | 14 | 25 | 27 |
| Inventory Days | 32 | 39 | 40 | 38 | 29 |
| Days Payable | 167 | 168 | 154 | 64 | 69 |
| Cash Conversion Cycle | -113 | -111 | -100 | -2 | -13 |
| Working Capital Days | -63 | -66 | -51 | 12 | -5 |
| ROCE % | — | -7 | -2 | -7 | -9 |

## Shareholding Pattern

### annual

| Category | Mar 2025 | Sep 2025 |
| --- | --- | --- |
| Promoters | 72.13% | 72.13% |
| Public | 27.87% | 27.87% |
| No. of Shareholders | 952 | 987 |

### Quarterly

| Category | Sep 2024 | Mar 2025 | Sep 2025 |
| --- | --- | --- | --- |
| Promoters | 72.13% | 72.13% | 72.13% |
| Public | 27.87% | 27.87% | 27.87% |
| No. of Shareholders | 928 | 952 | 987 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 6 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 110.32 | Sell |
| EMA (10) | 109.68 | Sell |
| SMA (20) | 114.67 | Sell |
| EMA (20) | 112.99 | Sell |
| SMA (50) | 119.35 | Sell |
| EMA (50) | 120.33 | Sell |
| SMA (100) | 134.73 | Sell |
| EMA (100) | 131.18 | Sell |
| SMA (200) | 150.92 | Sell |
| EMA (200) | 146.17 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 38.83 | Neutral |
| MACD (12,26,9) | -3.98 | Sell |
| Stochastic (14,3,3) | 11.75 | Buy |
| ADX (14) | 23.04 | Neutral |
| Williams %R (14) | -72.94 | Neutral |
| ATR (14) | 4.56 | High Volatility |
| ROC (12) | -8.5 | Sell |
| Stoch RSI (14) | 50.88 | Neutral |
| UO (7,14,28) | 43.84 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 7 January 2026 - SEBI Reg 74(5) compliance certificate for quarter ended 31 Dec 2025; no demat requests received. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 7 January 2026 - SEBI Reg 74(5) compliance certificate for quarter ended 31 Dec 2025; no demat requests received.](https://nsearchives.nseindia.com/corporate/ALUWIND_07012026145328_Certificate_under_Regulation_74.pdf) |
| 7 January 2026 - Corporate governance provisions (regs 17–27 etc.) not applicable for quarter ended 31 Dec 2025 due SME listing. | [Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter 7 January 2026 - Corporate governance provisions (regs 17–27 etc.) not applicable for quarter ended 31 Dec 2025 due SME listing.](https://nsearchives.nseindia.com/corporate/ALUWIND_07012026150517_Non_Applicability_of_CG.pdf) |
| 21 January 2026 - Two work orders totalling Rs35.13 Cr from Kalpataru and K Raheja; completion 24 and 7 months. | [Bagging/Receiving of orders/contracts 21 January 2026 - Two work orders totalling Rs35.13 Cr from Kalpataru and K Raheja; completion 24 and 7 months.](https://nsearchives.nseindia.com/corporate/ALUWIND_21012026151028_Work_order.pdf) |
| 17 January 2026 - NRC approved grant of 90,000 ESOPs on 16 Jan 2026; exercise price initially at face value. | [Options to purchase securities 17 January 2026 - NRC approved grant of 90,000 ESOPs on 16 Jan 2026; exercise price initially at face value.](https://nsearchives.nseindia.com/corporate/ALUWIND_17012026151237_Intimation_for_Grant_of_Option.pdf) |
| 16 January 2026 - Work order worth INR 431,474,400 from Godrej Properties for aluminium windows; 38-month completion. | [Bagging/Receiving of orders/contracts 16 January 2026 - Work order worth INR 431,474,400 from Godrej Properties for aluminium windows; 38-month completion.](https://nsearchives.nseindia.com/corporate/ALUWIND_16012026125013_Announcement.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28285_ALUWIND_2024_2025_A_46990997_03092025163948.pdf) |
| from nse | [Financial Year 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_25568_ALUWIND_2023_2024_03092024172318.pdf) |

---

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 2026-09-13T19:16:38.782Z.