---
title: "Ritesh Polyesters Ltd (531057) — Share Price, Financials & Analysis"
symbol: "531057"
company: "Ritesh Polyesters Ltd"
canonical: "https://tapetide.com/stocks/531057"
bse_code: "531057"
generated_at: "2026-10-13T11:01:20.901Z"
---

# Ritesh Polyesters Ltd (531057)

Canonical page: https://tapetide.com/stocks/531057

## Company

- **BSE Code:** 531057
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Ritesh Polyesters Limited manufactures and sells polyester yarn and fabrics in India.

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -0.33% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 50% | 14% | 8% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 77.98 | 75.7 | 71.72 | 71.69 | 78.57 | 77.15 | 76.95 | 81.83 | 89.15 | 87.08 | 88.58 | 94.51 |
| Expenses | 65.3 | 61.19 | 58.22 | 60.67 | 66.31 | 63.61 | 64.04 | 65.69 | 72.92 | 73.32 | 78.05 | 79.68 |
| Operating Profit | 12.68 | 14.51 | 13.5 | 11.02 | 12.26 | 13.54 | 12.91 | 16.14 | 16.23 | 13.76 | 10.53 | 14.83 |
| OPM % | 16.26 | 19.17 | 18.82 | 15.37 | 15.6 | 17.55 | 16.78 | 19.72 | 18.21 | 15.8 | 11.89 | 15.69 |
| Other Income | 0.24 | 0.06 | 0.64 | 0.01 | 0.22 | 0.05 | 0.17 | 0.02 | -3.94 | 0 | 0 | -2.91 |
| Interest | 0.02 | 0.04 | 0.04 | 0.01 | 0 | 0.03 | 0.02 | 0.02 | 0.01 | 0.09 | 0.08 | 0.06 |
| Depreciation | 2.06 | 2.22 | 2.32 | 2.53 | 2.46 | 2.51 | 2.6 | 2.63 | 2.59 | 2.9 | 2.92 | 2.99 |
| Profit before tax | 10.84 | 12.31 | 11.78 | 8.49 | 10.02 | 11.05 | 10.46 | 13.51 | 9.69 | 10.77 | 7.53 | 8.87 |
| Tax % | 12.36 | 18.44 | 15.62 | 23.91 | 20.46 | 21.54 | 11.19 | 18.8 | 37.36 | 30.73 | 29.88 | 24.8 |
| Net Profit | 9.5 | 10.04 | 9.94 | 6.46 | 7.97 | 8.67 | 9.29 | 10.97 | 6.07 | 7.46 | 5.28 | 6.67 |
| EPS in Rs | 6.43 | 6.8 | 6.73 | 4.37 | 5.4 | 5.87 | 6.29 | 7.43 | 4.11 | 5.05 | 3.58 | 4.52 |

### Profit & Loss

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

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.14 | 0.04 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.14 | 0.05 | 0.13 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 |
| Operating Profit | 0 | -0.01 | -0.13 | -0.01 | -0.02 | -0.02 | -0.02 | -0.02 | -0.02 | -0.01 |
| OPM % | 0 | -25 | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 0.24 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | -0.01 | 0.11 | -0.01 | -0.02 | -0.02 | -0.02 | -0.02 | -0.02 | -0.01 |
| Tax % | — | 0 | 36.36 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0 | -0.01 | 0.07 | -0.01 | -0.02 | -0.02 | -0.02 | -0.02 | -0.02 | -0.01 |
| EPS in Rs | 0 | -0.01 | 0.1 | -0.01 | -0.03 | -0.03 | -0.03 | -0.03 | -0.03 | -0.01 |
| 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 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 6.18 | 6.18 | 6.18 | 6.18 | 6.18 | 6.18 | 6.18 | 6.18 | 6.18 | 6.18 |
| Reserves | -2.26 | -2.27 | -2.2 | -2.21 | 0 | 0 | 0 | 0 | -2.28 | -2.3 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 0 | 0 | 0.04 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 3.92 | 3.91 | 4.02 | 3.97 | 6.18 | 6.18 | 6.18 | 6.18 | 3.9 | 3.88 |
| Fixed Assets | 0.11 | 0.11 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 |
| Other Assets | 3.58 | 3.57 | 3.79 | 3.74 | 5.95 | 5.95 | 5.95 | 5.95 | 3.67 | 3.65 |
| Total Assets | 3.92 | 3.91 | 4.02 | 3.97 | 6.18 | 6.18 | 6.18 | 6.18 | 3.9 | 3.88 |

### Cash Flow

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

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.02 | 0.03 | -0.12 | 0.15 | 0 | 0 | -0.08 | 0 | 0 | 0 |
| Cash from Investing Activity | 0 | 0 | 0.11 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Flow | -0.02 | 0.03 | -0.01 | 0.15 | 0 | 0 | -0.08 | 0 | 0 | 0 |
| Free Cash Flow | -0.02 | 0.03 | -0.01 | 0.15 | 0 | 0 | -0.08 | 0 | 0 | 0 |
| CFO/OP | — | -300 | 92 | -1500 | 0 | 0 | 400 | 0 | 0 | 0 |

### Ratios

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 234.64 | 821.25 | — | — | — | — | — | — | — | — |
| Inventory Days | 0 | 0 | — | — | — | — | — | — | — | — |
| Cash Conversion Cycle | 234.64 | 821.25 | — | — | — | — | — | — | — | — |
| Working Capital Days | 8968.57 | 31025 | — | — | — | — | — | — | — | — |
| ROCE % | 0 | -0.26 | -0.25 | -0.25 | -0.39 | -0.32 | -0.32 | -0.32 | -0.4 | -0.26 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 74.97% | 74.97% | 74.97% | 74.97% | 74.97% | 74.97% | 74.97% | 74.97% | 74.97% | 74.97% |
| FIIs | 0% | 0% | 0% | 0% | 0.02% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.04% | 0.03% | 0.02% | 0.02% | 0.02% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Public | 24.99% | 25% | 25.01% | 25.01% | 24.99% | 25.01% | 25.01% | 25.01% | 25% | 25.02% |
| No. of Shareholders | 14176 | 16615 | 16253 | 15535 | 13890 | 14986 | 14695 | 15406 | 15341 | 14838 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 74.97% | 74.97% | 74.97% | 74.97% | 74.97% | 74.97% | 74.97% | 74.97% | 74.97% | 74.97% | 74.97% | 74.97% |
| FIIs | 0% | 0% | 0.04% | 0.03% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Public | 25.01% | 25% | 24.97% | 24.98% | 25.01% | 25% | 25.01% | 25% | 25% | 25.01% | 25.02% | 25.02% |
| No. of Shareholders | 14695 | 14975 | 15329 | 15483 | 15406 | 15573 | 16173 | 15378 | 15341 | 15207 | 15154 | 14838 |

## 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) | 6.07 | Sell |
| EMA (10) | 6.04 | Sell |
| SMA (20) | 6.7 | Sell |
| EMA (20) | 6.52 | Sell |
| SMA (50) | 7.48 | Sell |
| EMA (50) | 7.29 | Sell |
| SMA (100) | 8.22 | Sell |
| EMA (100) | 7.97 | Sell |
| SMA (200) | 9.01 | Sell |
| EMA (200) | 8.82 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 27.7 | Buy |
| MACD (12,26,9) | -0.58 | Sell |
| Stochastic (14,3,3) | 11 | Buy |
| ADX (14) | 26.75 | Buy |
| Williams %R (14) | -77.13 | Neutral |
| ATR (14) | 0.62 | High Volatility |
| ROC (12) | -20.29 | Sell |
| Stoch RSI (14) | 78.15 | Neutral |
| UO (7,14,28) | 31.27 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-02-12 | [Unaudited Standalone And Consolidated Financial Results For The Quarter And Nine Months Ended 31St December, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/363255e9-24ba-4a84-94a1-544c87822f7f.pdf) |
| 2026-02-12 | [Board Meeting Outcome for Outcome Of The Board Meeting Held On 12Th February, 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bcfcb74e-7000-4ba0-a698-d983c18ca279.pdf) |
| 2026-02-12 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d4cda997-2069-42db-af8a-87f4e7563b57.pdf) |
| 2026-02-03 | [Board Meeting Intimation for Consideration And Approval Of The Un-Audited Standalone And Consolidated Financial Results Of The Company For The Quarter And Nine Months Ended 31St December, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9ba58ccb-898f-4639-859c-312696a26bcb.pdf) |
| 2026-01-09 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/97223e8e-d50f-498d-ae88-67beb073e79a.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/84ebb2fc-0c1f-4453-a88c-b1c354f26356.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6f3b0798-f1da-4b64-a38a-c4036bf3d9dd.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e00266f0-75bb-4f62-95ed-0d7747d8596d.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/509635/76071509635.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/509635/70808509635.pdf) |
| 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/509635/66067509635.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/509635/5096350319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/509635/5096350318.pdf) |
| Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/509635/5096350317.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/509635/5096350316.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2025-09-25 | Credit rating update — Acuité |
| 2025-09-03 | Credit rating update — Acuité |
| 2024-06-05 | Credit rating update — Acuité |
| 2023-03-08 | Credit rating update — Acuité |
| 2022-01-12 | Credit rating update — Acuité |
| 2020-10-12 | Credit rating update — Acuité |

---

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 2026-10-13T11:01:20.901Z.