---
title: "Indian Polyfins Ltd (514292) — Share Price, Financials & Analysis"
symbol: "514292"
company: "Indian Polyfins Ltd"
canonical: "https://tapetide.com/stocks/514292"
bse_code: "514292"
generated_at: "2026-10-13T10:59:43.835Z"
---

# Indian Polyfins Ltd (514292)

Canonical page: https://tapetide.com/stocks/514292

## Company

- **BSE Code:** 514292
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** indiapolyspinlimited.com

## About

Indian Polyfins Ltd. is engaged in manufactures Flat Yarn, Grey Fabrics, Sized Yarn and Textured Yarn.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- The company has delivered a poor sales growth of -21.2% over past five years.
- Company has a low return on equity of 6.80% over last 3 years.
- Company has high debtors of 522 days.
- Working capital days have increased from 266 days to 713 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -82% | 42% | 53% |
| revenue growth | -73% | -30% | -21% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1.78 | 1.43 | 1.4 | 1.41 | 1.65 | 1.45 | 1.44 | 1.57 | 1.28 | 1.3 | 1.39 | 1.53 |
| Expenses | 1.55 | 1.42 | 1.44 | 1.41 | 1.54 | 1.42 | 1.38 | 1.62 | 1.32 | 1.31 | 1.36 | 1.57 |
| Operating Profit | 0.23 | 0.01 | -0.04 | 0 | 0.11 | 0.03 | 0.06 | -0.05 | -0.04 | -0.01 | 0.03 | -0.04 |
| OPM % | 12.92 | 0.7 | -2.86 | 0 | 6.67 | 2.07 | 4.17 | -3.18 | -3.12 | -0.77 | 2.16 | -2.61 |
| Other Income | 0.02 | 0.01 | 0.02 | 0.01 | 0.03 | 0 | 0 | 0.03 | 0.05 | 0.02 | 0.01 | 0.01 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.04 | 0.04 | 0.04 | 0.03 | 0.03 | 0.04 | 0.04 | 0.03 | 0.18 | 0.08 | 0.08 | 0.08 |
| Profit before tax | 0.21 | -0.02 | -0.06 | -0.02 | 0.11 | -0.01 | 0.02 | -0.05 | -0.17 | -0.07 | -0.04 | -0.11 |
| Tax % | 14.29 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0.18 | -0.01 | -0.06 | -0.03 | 0.11 | -0.01 | 0.02 | -0.05 | -0.17 | -0.07 | -0.04 | -0.11 |

### Profit & Loss

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

| Item | Mar 2006 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 21.27 | 6.52 | 5.9 | 5.74 | 5.46 | 7.38 | 1.98 |
| Expenses | 18.94 | 6.43 | 5.81 | 5.74 | 5.56 | 6.33 | 1.95 |
| Operating Profit | 2.33 | 0.09 | 0.09 | 0 | -0.1 | 1.05 | 0.03 |
| OPM % | 10.95 | 1.38 | 1.53 | 0 | -1.83 | 14.23 | 1.52 |
| Other Income | 0.1 | 0.12 | 0.07 | 0.08 | -0.62 | -0.42 | 0.34 |
| Interest | 0.01 | 0.01 | 0.01 | 0.01 | 0 | 0 | 0 |
| Depreciation | 0.56 | 0.14 | 0.14 | 0.28 | 0.27 | 0.23 | 0.02 |
| Profit before tax | 1.86 | 0.06 | 0.01 | -0.21 | -0.99 | 0.4 | 0.35 |
| Tax % | -6.45 | 50 | 0 | 0 | -7.07 | -17.5 | 20 |
| Net Profit | 1.98 | 0.02 | 0.01 | -0.2 | -0.92 | 0.46 | 0.28 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2006 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 4.29 | 4.29 | 4.29 | 4.29 | 4.29 | 4.29 | 4.29 |
| Reserves | 2.23 | 0.64 | 0.65 | 0.41 | -0.51 | -0.04 | 0.24 |
| Borrowings | 1.9 | 0 | 0.04 | 0.03 | 0.01 | 0 | 0 |
| Other Liabilities | 3.65 | 1.47 | 0.58 | 0.65 | 1.66 | 0.83 | 0.13 |
| Total Liabilities | 12.07 | 6.4 | 5.56 | 5.38 | 5.45 | 5.08 | 4.66 |
| Fixed Assets | 4.11 | 2.09 | 2.05 | 2.01 | 1.57 | 1.48 | 0.08 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 7.96 | 4.31 | 3.51 | 3.37 | 3.88 | 3.6 | 4.58 |
| Total Assets | 12.07 | 6.4 | 5.56 | 5.38 | 5.45 | 5.08 | 4.66 |

### Cash Flow

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

| Item | Mar 2006 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 1.67 | — | 0 | 0.06 | -0.17 | 0.04 | -1.58 |
| Cash from Investing Activity | -0.26 | — | -0.03 | -0.2 | 0.24 | -0.1 | 1.57 |
| Cash from Financing Activity | -1.23 | — | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow | 0.18 | — | -0.03 | -0.14 | 0.06 | -0.06 | -0.02 |
| Free Cash Flow | 1.41 | — | 0.02 | -0.22 | 0.02 | -0.1 | -0.06 |
| CFO/OP | 72 | — | 0 | — | 170 | 4 | -5033 |

### Ratios

| Item | Mar 2006 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 97.47 | 133.8 | 100.22 | 96.66 | 107.63 | 72.21 | 521.69 |
| Inventory Days | 23.02 | 202.78 | 271.14 | — | 324.44 | — | — |
| Days Payable | 77.56 | 341.34 | 83.43 | — | 192.64 | — | — |
| Cash Conversion Cycle | 42.94 | -4.77 | 287.93 | 96.66 | 239.43 | 72.21 | 521.69 |
| Working Capital Days | 65.38 | 150.59 | 173.84 | 115.73 | 38.77 | 46 | 713.41 |
| ROCE % | — | — | 0.4 | -4.12 | -7.04 | 21.39 | 4.78 |

## Shareholding Pattern

### annual

| Category | Mar 2024 | Mar 2025 | Sep 2025 |
| --- | --- | --- | --- |
| Promoters | 71.55% | 71.57% | 71.57% |
| Public | 28.45% | 28.43% | 28.43% |
| No. of Shareholders | 1264 | 1155 | 1148 |

### Quarterly

| Category | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 71.55% | 71.55% | 71.55% | 71.57% | 71.57% |
| DIIs | 0.22% | 0% | 0% | 0% | 0% |
| Public | 28.24% | 28.45% | 28.45% | 28.43% | 28.43% |
| No. of Shareholders | 1377 | 1264 | 1163 | 1155 | 1148 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 5 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 343.47 | Sell |
| EMA (10) | 339.63 | Sell |
| SMA (20) | 351.8 | Sell |
| EMA (20) | 348.3 | Sell |
| SMA (50) | 365.92 | Sell |
| EMA (50) | 363.15 | Sell |
| SMA (100) | 384.92 | Sell |
| EMA (100) | 379.22 | Sell |
| SMA (200) | 414.03 | Sell |
| EMA (200) | 389.82 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 31.58 | Neutral |
| MACD (12,26,9) | -10.05 | Sell |
| Stochastic (14,3,3) | 16.3 | Buy |
| ADX (14) | 24.21 | Neutral |
| Williams %R (14) | -75.04 | Neutral |
| ATR (14) | 12.47 | High Volatility |
| ROC (12) | -8.54 | Sell |
| Stoch RSI (14) | 18.64 | Buy |
| UO (7,14,28) | 41.98 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-02-03 | [Change in Director(s)](https://nsearchives.nseindia.com/corporate/AUROIMPEX_03022026181711_Reg_30.pdf) |
| 2026-01-21 | [Updates](https://nsearchives.nseindia.com/corporate/AUROIMPEX_21012026141448_shareholdingpattern.pdf) |
| 2026-01-16 | [Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter](https://nsearchives.nseindia.com/corporate/AUROIMPEX_16012026133228_NonApplicabilityofCG.pdf) |
| 2026-01-12 | [Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/AUROIMPEX_12012026132709_Reg_74_5_.pdf) |
| 2025-12-16 | [Updates](https://nsearchives.nseindia.com/corporate/AUROIMPEX_16122025175603_outcome.pdf) |
| 2016-06-13 | [Updates on Financial Results for Dec 31, 2014 & June 30, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=B31098A8_D2A8_40EC_AAFE_9FDCDD0ABE0C_105114.pdf) |
| 2016-06-13 | [Updates on Financial Results for Dec 31, 2014 & June 30, 2015](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/6/B31098A8_D2A8_40EC_AAFE_9FDCDD0ABE0C_105114.pdf) |
| 2016-04-26 | [Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended Dec 31, 2015](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=BE1027D9_4898_4D19_B274_E1B9CE9819E2_090056.pdf) |
| 2016-04-26 | [Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended March 31, 2016](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=417BE2E7_58F0_4F60_AD30_36A7CA411CB6_090107.pdf) |
| 2016-04-26 | [Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended Dec 31, 2015](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2016/4/BE1027D9_4898_4D19_B274_E1B9CE9819E2_090056.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://archives.nseindia.com/annual_reports/SME_AR_29083_AUROIMPEX_2024_2025_A_2082017_16092025114634.pdf) |
| 2024 | [Financial Year 2024](https://archives.nseindia.com/annual_reports/SME_AR_25867_AUROIMPEX_2023_2024_0509202418819.pdf) |
| 2023 | [Financial Year 2023](https://archives.nseindia.com/annual_reports/SME_AR_23615_AUROIMPEX_2022_2023_06092023135005_09062023140004.zip) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2023 | [Concall - Sep 2023](https://archives.nseindia.com/corporate/AUROIMPEX_13092023084220_IPDSC.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2025-11-27 | Credit rating update — CARE Ratings |
| 2025-06-12 | Credit rating update — Infomerics |
| 2025-04-24 | Credit rating update — CRISIL |
| 2024-10-25 | Credit rating update — CARE Ratings |
| 2024-05-03 | Credit rating update — Infomerics |
| 2024-01-25 | Credit rating update — CRISIL |

---

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 2026-10-13T10:59:43.835Z.