---
title: "Shree TNB Polymers Ltd (544978) — Share Price, Financials & Analysis"
symbol: "544978"
company: "Shree TNB Polymers Ltd"
canonical: "https://tapetide.com/stocks/544978"
bse_code: "544978"
sector: "Industrials"
industry: "Industrial Products"
generated_at: "2026-10-13T10:59:41.177Z"
---

# Shree TNB Polymers Ltd (544978)

Canonical page: https://tapetide.com/stocks/544978

## Company

- **BSE Code:** 544978
- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Incorporated in March 2007, Shree 
TNB Polymers Limited is a Silvassa-
based polymer manufacturing company specializing in piping systems and plastic solutions.[1]

## Latest Price

- **Price:** ₹54.07
- **Change:** -1.9 (-3.39%)
- **Open:** ₹57.5
- **Day High:** ₹57.5
- **Day Low:** ₹54
- **Previous Close:** ₹55.97
- **Volume:** 48000
- **As Of:** 2026-10-13T10:02:27+00:00

## Key Insights

### Weaknesses

- Promoter holding is low: 32.8%
- Company has a low return on equity of 13.8% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | 34% | 50% |
| revenue growth | 13% | 5% |

## Financial Statements

### Profit & Loss

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

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Sales | 172 | 208 | 176 | 198 |
| Expenses | 161 | 193 | 160 | 178 |
| Operating Profit | 11 | 15 | 16 | 20 |
| OPM % | 6 | 7 | 9 | 10 |
| Other Income | 0 | 0 | 0 | 0 |
| Interest | 4 | 6 | 6 | 6 |
| Depreciation | 3 | 3 | 3 | 4 |
| Profit before tax | 4 | 7 | 7 | 10 |
| Tax % | 50 | 24 | 20 | 30 |
| Net Profit | 2 | 5 | 6 | 7 |
| EPS in Rs | 2.42 | 5.62 | 5.64 | 4.65 |
| Dividend Payout % | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Equity Capital | 9 | 9 | 10 | 15 |
| Reserves | 20 | 25 | 38 | 40 |
| Borrowings | 36 | 36 | 38 | 45 |
| Other Liabilities | 41 | 35 | 40 | 45 |
| Total Liabilities | 105 | 105 | 127 | 145 |
| Fixed Assets | 36 | 40 | 47 | 50 |
| CWIP | 6 | 0 | 0 | 2 |
| Investments | 0 | 0 | 0 | 0 |
| Other Assets | 64 | 65 | 80 | 94 |
| Total Assets | 105 | 105 | 127 | 145 |

### Cash Flow

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

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | 8 | 7 | 4 | 9 |
| Cash from Investing Activity | -16 | -2 | -10 | -9 |
| Cash from Financing Activity | 8 | -5 | 6 | 0 |
| Net Cash Flow | 0 | 0 | 0 | 0 |
| Free Cash Flow | -9 | 5 | -6 | 1 |
| CFO/OP | 81 | 55 | 39 | 53 |

### Ratios

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Debtor Days | 44 | 62 | 87 | 94 |
| Inventory Days | 103 | 62 | 99 | 96 |
| Days Payable | 87 | 63 | 97 | 97 |
| Cash Conversion Cycle | 60 | 61 | 90 | 93 |
| Working Capital Days | 6 | 14 | 25 | 30 |
| ROCE % | — | 18 | 16 | 17 |

## Shareholding Pattern

### annual

| Category | Oct 2026 |
| --- | --- |
| Promoters | 32.76% |
| FIIs | 2.15% |
| DIIs | 11.19% |
| Public | 53.91% |
| No. of Shareholders | 682 |

### Quarterly

| Category | Oct 2026 |
| --- | --- |
| Promoters | 32.76% |
| FIIs | 2.15% |
| DIIs | 11.19% |
| Public | 53.91% |
| No. of Shareholders | 682 |

## Technical Indicators

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

- **Overall Signal:** Neutral
- **Buy / Neutral / Sell:** 0 / 19 / 0

### Moving Averages — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | — | Neutral |
| EMA (10) | — | Neutral |
| SMA (20) | — | Neutral |
| EMA (20) | — | Neutral |
| SMA (50) | — | Neutral |
| EMA (50) | — | Neutral |
| SMA (100) | — | Neutral |
| EMA (100) | — | Neutral |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | — | Neutral |
| MACD (12,26,9) | — | Neutral |
| Stochastic (14,3,3) | — | Neutral |
| ADX (14) | — | Neutral |
| Williams %R (14) | — | Neutral |
| ATR (14) | — | Neutral |
| ROC (12) | — | Neutral |
| Stoch RSI (14) | — | Neutral |
| UO (7,14,28) | — | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-10-10 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ed62a5f8-6447-4c2f-b371-ef0b0da0e034.pdf) |
| 2026-10-09 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=10710541-9366-46c2-b886-a3c902e50304.pdf) |
| 2026-10-08 | [Announcement Under Regulation 30 (5) - Authorization Of Key Managerial Personnel For Determination Of Materiality Disclosure](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b8118b40-2304-48dd-abfd-e2a0dd910de5.pdf) |
| 2026-10-08 | [Announcement Of Regulation 30 LODR -Code Of Fair Disclosure Of UPSI](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=360e5f27-2eac-45bd-8931-ef192ae679c0.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2025-08-01 | Credit rating update — Infomerics |
| 2020-03-27 | Credit rating update — India Ratings |
| 2019-06-28 | Credit rating update — ICRA |
| 2019-02-13 | Credit rating update — India Ratings |
| 2017-12-06 | Credit rating update — ICRA |
| 2017-01-23 | Credit rating update — ICRA |

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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 2026-10-13T10:59:41.177Z.