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Axel Polymers Ltd
AXELPOLYMERSLTD NSE
Axel Polymers Ltd
IndustrialsNSE: AXELPOLYMERSLTD BSE: 513642 Industrial Products
Key Fundamentals
MicrocapPlastic Products - IndustrialIndustrial ProductsMarket Cap
₹50.31 Cr
Volatility
Moderate
P/E Ratio
-43.5
EBITDA
₹2.44 Cr
Return on Equity
1.15%
Debt to Equity
1.18
Book Value
₹22.94
EPS
₹0.67
52W High
₹60
52W Low
₹36.7
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Weaknesses
6- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -13.6%
- The company has delivered a poor sales growth of -1.68% over past five years.
- Company has a low return on equity of 1.21% over last 3 years.
- Debtor days have increased from 53.6 to 78.0 days.
- Working capital days have increased from 56.6 days to 115 days
Growth Rate
Revenue Growth
-43.22% ↘
Net Income Growth
-660.00% ↘
Cash Flow Change
-205.48% ↘
ROE
-88.92% ↘
ROCE
-29.39% ↘
EBITDA Margin (Avg.)
4.58% ↗
Quarterly Results
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 27.18 | 25.81 | 30.92 | 38.65 | 37.28 | 42.24 | 13.87 | 11.11 | 14.33 | 11.7 | 10.72 | 8.86 | 13.12 |
| Expenses | 25.29 | 24.28 | 29.53 | 37.18 | 35.85 | 41.93 | 13.72 | 10.95 | 11.03 | 10.7 | 9.79 | 8.59 | 12.88 |
| Operating Profit | 1.89 | 1.53 | 1.39 | 1.47 | 1.43 | 0.31 | 0.15 | 0.16 | 3.3 | 1 | 0.93 | 0.27 | 0.24 |
| OPM % | 6.95% | 5.93% | 4.5% | 3.8% | 3.84% | 0.73% | 1.08% | 1.44% | 23.03% | 8.55% | 8.68% | 3.05% | 1.83% |
| Other Income | 0.12 | 0.01 | 0.01 | 0.01 | 0.01 | 0.03 | 0.01 | 0.01 | 0.09 | 0.01 | 0.02 | 0.03 | 0.05 |
| Interest | 0.86 | 0.8 | 0.78 | 0.67 | 0.62 | 0.75 | 0.85 | 0.81 | 0.82 | 0.82 | 0.79 | 0.77 | 0.7 |
| Depreciation | 0.24 | 0.12 | 0.12 | 0.12 | 0.34 | 0.12 | 0.12 | 0.12 | 0.2 | 0.15 | 0.15 | 0.15 | 0.28 |
| PBT | 0.91 | 0.62 | 0.5 | 0.69 | 0.48 | -0.53 | -0.81 | -0.76 | 2.37 | 0.04 | 0.01 | -0.62 | -0.69 |
| Tax % | 54.95% | 0% | 0% | 2.9% | 114.58% | 0% | 0% | 0% | 5.91% | 0% | 0% | 0% | 20.29% |
| Net Profit | 0.41 | 0.62 | 0.5 | 0.67 | -0.07 | -0.53 | -0.81 | -0.76 | 2.23 | 0.04 | 0.01 | -0.62 | -0.82 |
| EPS in Rs | 0.48 | 0.73 | 0.59 | 0.79 | -0.08 | -0.62 | -0.95 | -0.89 | 2.62 | 0.05 | 0.01 | -0.56 | -0.75 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 16.19 | 18.53 | 21.94 | 26.97 | 24.37 | 22.9 | 48.32 | 72.91 | 82.65 | 128 | 78.09 | 44.4 |
| Expenses | 14.74 | 17.37 | 20.81 | 25.65 | 22.71 | 21.51 | 44.41 | 68.8 | 77.53 | 122 | 74.13 | 41.97 |
| Operating Profit | 1.45 | 1.16 | 1.13 | 1.32 | 1.66 | 1.39 | 3.91 | 4.11 | 5.12 | 5.8 | 3.96 | 2.43 |
| OPM % | 8.96% | 6.26% | 5.15% | 4.89% | 6.81% | 6.07% | 8.09% | 5.64% | 6.19% | 4.53% | 5.07% | 5.47% |
| Other Income | 0.04 | 0.08 | 0.27 | 0.04 | 0.02 | 0.02 | 0.4 | 0.55 | 0.28 | 0.04 | 0.14 | 0.12 |
| Interest | 0.88 | 0.84 | 0.93 | 0.79 | 0.91 | 0.97 | 3.32 | 2.84 | 3.16 | 2.85 | 3.23 | 3.08 |
| Depreciation | 0.48 | 0.25 | 0.21 | 0.28 | 0.33 | 0.36 | 0.42 | 0.48 | 0.54 | 0.7 | 0.56 | 0.73 |
| PBT | 0.13 | 0.15 | 0.26 | 0.29 | 0.44 | 0.08 | 0.57 | 1.34 | 1.7 | 2.29 | 0.31 | -1.26 |
| Tax % | 0% | 0% | 15.38% | 17.24% | -6.82% | -12.5% | -15.79% | 31.34% | 30.59% | 31.88% | 41.94% | -10.32% |
| Net Profit | 0.12 | 0.15 | 0.22 | 0.23 | 0.47 | 0.09 | 0.66 | 0.92 | 1.18 | 1.56 | 0.17 | -1.13 |
| EPS in Rs | 0.28 | 0.35 | 0.51 | 0.53 | 1.09 | 0.21 | 1.53 | 1.08 | 1.39 | 1.83 | 0.2 | -1.03 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.3 | 4.3 | 4.3 | 4.3 | 4.3 | 4.3 | 8.52 | 8.52 | 8.52 | 8.52 | 8.52 | 11 |
| Reserves | -3.44 | -3.29 | -3.09 | -2.84 | -2.37 | -2.31 | 2.9 | 3.81 | 5.01 | 6.47 | 6.62 | 14.24 |
| Borrowings | 4.38 | 5.46 | 5.69 | 7.46 | 7.55 | 7.46 | 25.9 | 25.94 | 25.19 | 25.67 | 34.08 | 29.84 |
| Other Liabilities | 10.22 | 6.66 | 6.96 | 6.3 | 5.06 | 6.86 | 14.25 | 17.09 | 16.5 | 23.56 | 18.2 | 15.17 |
| Total Liabilities | 15.46 | 13.13 | 13.86 | 15.22 | 14.54 | 16.31 | 51.57 | 55.36 | 55.22 | 64.22 | 67.42 | 70.25 |
| Fixed Assets | 3.03 | 2.81 | 3.5 | 3.6 | 3.86 | 3.66 | 7.83 | 7.71 | 8.84 | 9.77 | 10.18 | 10 |
| CWIP | 0.3 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 12.13 | 10.31 | 10.36 | 11.62 | 10.68 | 12.65 | 43.74 | 47.65 | 46.38 | 54.45 | 57.24 | 60.25 |
| Total Assets | 15.46 | 13.13 | 13.86 | 15.22 | 14.54 | 16.31 | 51.57 | 55.36 | 55.22 | 64.22 | 67.42 | 70.25 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 0.22 | -1.77 | 1.14 | -0.62 | 1.39 | 1.22 | -1.73 | 3.2 | 5.97 | 3.47 | -3.66 | 0 |
| Investing | -0.47 | 0.2 | -0.7 | -0.34 | -0.58 | -0.14 | -0.01 | -0.19 | -1.57 | -1.59 | -0.87 | 0 |
| Financing | -0.08 | 1.08 | -0.7 | 0.97 | -0.81 | -1.08 | 1.34 | -2.81 | -3.57 | -1.92 | 5.69 | 0 |
| Net Cash Flow | -0.34 | -0.5 | -0.27 | 0.02 | 0 | 0 | -0.39 | 0.21 | 0.84 | -0.05 | 1.16 | 0 |
| Free Cash Flow | 0.17 | -1.81 | 0.28 | -1 | 0.79 | 1.06 | -2.12 | 2.83 | 4.3 | 1.84 | -4.64 | 0 |
| CFO/OP | 15 | -153 | 104 | -43 | 89 | 88 | -41 | 83 | 122 | 74 | -88 | 0 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 123 | 86.08 | 33.94 | 36.68 | 26.36 | 33.47 | 100 | 57.02 | 33.87 | 31.19 | 51.56 | 78.01 |
| Inventory Days | 127 | 103 | 123 | 113 | 146 | 184 | 219 | 167 | 168 | 126 | 216 | 437 |
| Days Payable | 176 | 38.81 | 36.63 | 19.49 | 20.2 | 62.21 | 126 | 95.43 | 80.23 | 71.47 | 91.43 | 102 |
| Cash Conversion Cycle | 74.43 | 150 | 121 | 130 | 152 | 155 | 193 | 128 | 122 | 85.42 | 176 | 414 |
| Working Capital Days | 4.51 | 47.27 | 12.48 | 20.71 | 13.33 | 18.33 | 33.16 | 27.78 | 30.74 | 24.77 | 29.87 | 115 |
| ROCE % | 17.99% | 16.91% | 17.35% | 13.65% | 14.67% | 11.09% | 16.63% | 11.06% | 12.63% | 12.95% | 7.88% | 3.49% |
Documents
1
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
14 Apr - Regulation 74(5) certificate submitted for quarter ended March 31, 2026. 14 Apr - Regulation 74(5) certificate submitted for quarter ended March 31, 2026.
3
Announcement under Regulation 30 (LODR)-Monthly Business Updates
2 Mar - Feb 2026 vehicles: Domestic 20,314; Domestic+exports 22,157; YoY growth ~24–28%; cumulative 1,95,056. 2 Mar - Feb 2026 vehicles: Domestic 20,314; Domestic+exports 22,157; YoY growth ~24–28%; cumulative 1,95,056.
4
Rumour verification - Regulation 30(11)
15h - March 8, 2026: Ashok Leyland says March 6 press conference non-material; share price movement unrelated. 15h - March 8, 2026: Ashok Leyland says March 6 press conference non-material; share price movement unrelated.
5
Announcement under Regulation 30 (LODR)-Restructuring
19 Feb - Ashok Leyland West Africa SA voluntarily liquidated; ceased being step-down subsidiary on Feb 19, 2026. 19 Feb - Ashok Leyland West Africa SA voluntarily liquidated; ceased being step-down subsidiary on Feb 19, 2026.
Frequently Asked Questions about Axel Polymers Ltd
What does Axel Polymers Ltd do?
Incorporated in 1992, Axel Polymers Ltd is a manufacturer of Compounds Blends & Alloys of Engineering Polymers.[1]
Where is Axel Polymers Ltd (513642) listed?
Axel Polymers Ltd is listed on the Indian stock exchanges. It is listed on NSE: AXELPOLYMERSLTD and BSE: 513642. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Axel Polymers Ltd belong to?
Axel Polymers Ltd operates in the Industrials sector within the Industrial Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Axel Polymers Ltd?
Axel Polymers Ltd has a market capitalisation of approximately ₹50.31 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Axel Polymers Ltd?
The Price-to-Earnings (PE) ratio of Axel Polymers Ltd is -43.50. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Axel Polymers Ltd?
Over the past 52 weeks, Axel Polymers Ltd has traded between a low of ₹36.7 and a high of ₹60. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Axel Polymers Ltd?
Axel Polymers Ltd has a Return on Equity (ROE) of 1.15%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Axel Polymers Ltd on Tapetide?
On Tapetide, you can view Axel Polymers Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1992, Axel Polymers Ltd is a manufacturer of Compounds Blends & Alloys of Engineering Polymers.[1]
Website axelpolymers.com
Face Value ₹ 10