---
title: "Revalyu Recycling India Ltd (514486) — Share Price, Financials & Analysis"
symbol: "514486"
company: "Revalyu Recycling India Ltd"
canonical: "https://tapetide.com/stocks/514486"
isin: "INE441D01020"
bse_code: "514486"
generated_at: "2026-10-13T10:58:39.752Z"
---

# Revalyu Recycling India Ltd (514486)

Canonical page: https://tapetide.com/stocks/514486

## Company

- **BSE Code:** 514486
- **ISIN:** INE441D01020
- **Stock Type:** EQUITY
- **Listed Since:** 2006-03-01
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** polygenta.com

## About

Polygenta Technologies is engaged in the business of manufacturing sustainable polyester filament yarn by recycling post consumer PET flakes using a break-through recycling technology (the ReNEW process).(Source : 201903 Annual Report Page No: 74)

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.11 times its book value
- Company's working capital requirements have reduced from 142 days to 84.4 days

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -21.2% over last 3 years.
- Earnings include an other income of Rs.2.31 Cr.
- Company's cost of borrowing seems high

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 55% | 17% | 11% |
| revenue growth | 31% | 26% | 12% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 11.68 | 15.24 | 14.7 | 13.18 | 17.02 | 19.08 | 22.45 | 24.78 | 26.81 | 30.02 | 28.57 | 23.44 |
| Expenses | 19.58 | 22.04 | 19.89 | 18.85 | 23.28 | 20.97 | 24.41 | 26.34 | 27.08 | 28.5 | 25.88 | 23.95 |
| Operating Profit | -7.9 | -6.8 | -5.19 | -5.67 | -6.26 | -1.89 | -1.96 | -1.56 | -0.27 | 1.52 | 2.69 | -0.51 |
| OPM % | -67.64 | -44.62 | -35.31 | -43.02 | -36.78 | -9.91 | -8.73 | -6.3 | -1.01 | 5.06 | 9.42 | -2.18 |
| Other Income | -0.24 | 0.8 | 0.52 | 0.21 | -16 | 0.21 | 0.19 | 1.71 | 0.41 | 1 | 0.59 | 0.31 |
| Interest | 0.44 | 0.39 | 0.38 | 0.34 | 0.42 | 2.87 | 0.49 | 0.47 | 0.31 | 0.41 | 0.32 | 0.29 |
| Depreciation | 3.7 | 3.75 | 3.94 | 3.72 | 3.7 | 3.73 | 3.8 | 3.79 | 5.43 | 3.75 | 4.13 | 4.02 |
| Profit before tax | -12.28 | -10.14 | -8.99 | -9.52 | -26.38 | -8.28 | -6.06 | -4.11 | -5.6 | -1.64 | -1.17 | -4.51 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -12.28 | -10.14 | -8.99 | -9.52 | -26.38 | -8.28 | -6.06 | -4.11 | -5.6 | -1.64 | -1.17 | -4.51 |
| EPS in Rs | -0.79 | -0.65 | -0.58 | -0.61 | -1.69 | -0.53 | -0.39 | -0.26 | -0.36 | -0.1 | -0.07 | -0.29 |

### Profit & Loss

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

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 70 | 179 | 71 | 54 | 55 | 47 | 51 | 60 | 95 | 109 |
| Expenses | 63 | 205 | 104 | 96 | 96 | 87 | 106 | 84 | 101 | 105 |
| Operating Profit | 7 | -26 | -33 | -42 | -41 | -40 | -54 | -24 | -7 | 3 |
| OPM % | 10 | -15 | -47 | -77 | -75 | -85 | -105 | -40 | -7 | 3.1 |
| Other Income | 3 | 3 | -1 | 1 | -1 | 9 | 46 | -14 | 1 | 2 |
| Interest | 2 | 14 | 11 | 13 | 7 | 12 | 5 | 2 | 2 | 1 |
| Depreciation | 4 | 13 | 14 | 16 | 16 | 16 | 15 | 15 | 17 | 17 |
| Profit before tax | 4 | -50 | -58 | -70 | -64 | -59 | -28 | -55 | -24 | -13 |
| Tax % | 9 | 0 | 17 | 0 | -1 | 0 | 0 | 0 | 0 | — |
| Net Profit | 4 | -50 | -68 | -70 | -64 | -59 | -28 | -55 | -24 | -13 |
| EPS in Rs | 0.29 | -4.06 | -5.56 | -4.83 | -4.39 | -4.02 | -1.76 | -3.52 | -1.54 | -0.82 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 2 | 123 | 123 | 123 | 145 | 145 | 146 | 156 | 156 | 156 |
| Reserves | -1 | 2 | -30 | -25 | -51 | -134 | -193 | 85 | 59 | 44 |
| Borrowings | 246 | 135 | 165 | 165 | 194 | 181 | 177 | 6 | 3 | 2 |
| Other Liabilities | 20 | 48 | 49 | 28 | 43 | 90 | 150 | 17 | 11 | 9 |
| Total Liabilities | 267 | 308 | 307 | 291 | 331 | 282 | 280 | 264 | 228 | 212 |
| Fixed Assets | 26 | 240 | 234 | 249 | 256 | 218 | 215 | 199 | 186 | 170 |
| CWIP | 186 | 0 | 7 | 1 | 17 | 17 | 16 | 16 | 0 | 8 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 56 | 68 | 66 | 41 | 58 | 48 | 49 | 49 | 42 | 34 |
| Total Assets | 267 | 308 | 307 | 291 | 331 | 282 | 280 | 264 | 228 | 212 |

### Cash Flow

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

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -17 | 25 | -26 | -26 | -56 | -19 | -25 | -31 | -24 | -5 |
| Cash from Investing Activity | -144 | -33 | -7 | -22 | -19 | -5 | 0 | 0 | -1 | -1 |
| Cash from Financing Activity | 160 | 7 | 34 | 47 | 76 | 23 | 24 | 31 | 24 | 6 |
| Net Cash Flow | -1 | -2 | 0 | -1 | 1 | -1 | -1 | 1 | -1 | 0 |
| Free Cash Flow | -161 | -8 | -33 | -48 | -75 | -21 | -25 | -31 | -26 | -6 |
| CFO/OP | 172 | 357 | 101 | 78 | 133 | 44 | 63 | 57 | 99 | 80 |

### Ratios

| Item | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | — | 53 | 18 | 8 | 43 | 17 | 24 | 42 | 41 | 34 |
| Inventory Days | — | 241 | 59 | 111 | 163 | 167 | 157 | 108 | 91 | 94 |
| Days Payable | — | 187 | 22 | 30 | 54 | 71 | 76 | 67 | 70 | 38 |
| Cash Conversion Cycle | — | 107 | 55 | 89 | 152 | 113 | 105 | 84 | 62 | 89 |
| Working Capital Days | — | 23 | 2 | -36 | -80 | -455 | -976 | 219 | 121 | 84 |
| ROCE % | 0 | 2 | -14 | -18 | -21 | -23 | -32 | -24 | -16 | -11 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Dec 2019 |
| --- | --- | --- | --- | --- |
| Promoters | 75.43% | 75% | 75% | 75% |
| DIIs | 2.01% | 2.01% | 2.01% | 2.01% |
| Public | 13.89% | 14.33% | 14.33% | 14.33% |
| Others | 8.66% | 8.66% | 8.66% | 8.66% |
| No. of Shareholders | 1195 | 1179 | 1203 | 1206 |

### Quarterly

| Category | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 75.43% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% |
| DIIs | 2.01% | 2.01% | 2.01% | 2.01% | 2.01% | 2.01% | 2.01% | 2.01% | 2.01% | 2.01% | 2.01% | 2.01% |
| Public | 13.89% | 14.33% | 14.33% | 14.33% | 14.33% | 14.33% | 14.33% | 14.33% | 14.33% | 14.33% | 14.33% | 14.33% |
| Others | 8.66% | 8.66% | 8.66% | 8.66% | 8.66% | 8.66% | 8.66% | 8.66% | 8.66% | 8.66% | 8.66% | 8.66% |
| No. of Shareholders | 1195 | 1195 | 1194 | 1189 | 1179 | 1182 | 1181 | 1195 | 1203 | 1201 | 1206 | 1206 |

## 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) | 4888.44 | Sell |
| EMA (10) | 4844.17 | Sell |
| SMA (20) | 4898.6 | Sell |
| EMA (20) | 4859.62 | Sell |
| SMA (50) | 4837.44 | Sell |
| EMA (50) | 4878.03 | Sell |
| SMA (100) | 5024.25 | Sell |
| EMA (100) | 4925.32 | Sell |
| SMA (200) | 5005.38 | Sell |
| EMA (200) | 5039.7 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 44.94 | Neutral |
| MACD (12,26,9) | -8.37 | Sell |
| Stochastic (14,3,3) | 27.25 | Neutral |
| ADX (14) | 14.61 | Neutral |
| Williams %R (14) | -68.83 | Neutral |
| ATR (14) | 152.37 | High Volatility |
| ROC (12) | -2.68 | Sell |
| Stoch RSI (14) | 16.75 | Buy |
| UO (7,14,28) | 49.26 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-02-26 | [Revocation Of Suspension Of Trading In Equity Shares Of The Company.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/84055051-89f7-4b2b-8b85-b9d4fb489cd4.pdf) |
| 2025-10-15 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e1a4cf0e-3da7-4ba1-9356-cb5aefc663e1.pdf) |
| 2025-10-09 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/xml-data/corpfiling/AttachHis/29aa2201-596b-4530-a36c-b971d8e51b09.pdf) |
| 2025-10-09 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/xml-data/corpfiling/AttachHis/35d664a6-7d10-4363-b140-f8866bf2b63e.pdf) |
| 2025-10-09 | [Disclosure Of List Of Directors In Connection With Revocation/Suspension Of Trading](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d8200530-4efd-4613-a94a-908437f664ba.pdf) |
| 2020-04-20 | [Announcement under Regulation 30 (LODR)-Public Announcement-Delisting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5216fc5a-2521-41e9-8dca-b02bb70a271a.pdf) |
| 2020-04-20 | [Announcement under Regulation 30 (LODR)-Public Announcement-Delisting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9a361813-f3cf-4448-8a53-8dfba694cc5a.pdf) |
| 2020-04-20 | [Announcement under Regulation 30 (LODR)-Public Announcement-Delisting](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5216fc5a-2521-41e9-8dca-b02bb70a271a.pdf) |
| 2020-04-20 | [Announcement under Regulation 30 (LODR)-Public Announcement-Delisting](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9a361813-f3cf-4448-8a53-8dfba694cc5a.pdf) |
| 2020-03-31 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dd06e18e-591d-46ce-ad6a-d59bcfb0a7b3.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/828b55b1-9ad3-493c-a519-985ee2d11bb4.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6a596c30-228a-4fe4-b120-4b3bf64e499f.pdf) |
| Mar 2019 | [Annual Report 2019](https://www.bseindia.com/bseplus/AnnualReport/514486/5144860319.pdf) |
| Mar 2018 | [Annual Report 2018](https://www.bseindia.com/bseplus/AnnualReport/514486/5144860318.pdf) |
| 2018 | [Financial Year 2018](https://www.bseindia.com/HIS_ANN_RPT/HISTANNR/2018/BHAGAWATI_GASES_LTD-500051-MARCH-2018.PDF) |
| Mar 2017 | [Annual Report 2017](https://www.bseindia.com/bseplus/AnnualReport/514486/5144860317.pdf) |
| 2017 | [Financial Year 2017](https://www.bseindia.com/HIS_ANN_RPT/HISTANNR/2017/BHAGAWATI_GASES_LTD-500051-MARCH-2017.PDF) |
| Mar 2016 | [Annual Report 2016](https://www.bseindia.com/bseplus/AnnualReport/514486/5144860316.pdf) |
| Mar 2015 | [Financial Year 2015](https://www.bseindia.com/bseplus/AnnualReport/500051/5000510315.pdf) |
| Mar 2015 | [Annual Report 2015](https://www.bseindia.com/bseplus/AnnualReport/514486/5144860315.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2020-11-19 | Credit rating update — CARE Ratings |
| 2020-11-19 | Credit rating update — CARE Ratings |
| 2020-04-03 | Credit rating update — CARE Ratings |
| 2019-09-24 | Credit rating update — CARE Ratings |
| 2019-02-01 | Credit rating update — CARE Ratings |

---

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 2026-10-13T10:58:39.752Z.