Polyspin Exports
- Market cap
- ₹ 30 Cr.
- P/E
- 5.2x
- P/B
- 0.43x
- 52-week range
- 27.53 – 36.49
- ROE
- 8%
- ROCE
- 8%
- Dividend yield
- 0%
- Debt / equity
- 1.02
- Sector
- Industrial Products
- Industry
- Packaging
- Listed on
- NSE, BSE
About
Polyspin Exports Limited is an India-based company. The Company is engaged in the manufacture of flexible intermediate bulk container (FIBC) bags, polypropylene (PP) fabric, PP yarn, multifilament yarn and paper bags, among others. The Company's segments include FIBC Bags, Fabric, Yarn, Multilament Yarn & Paper Bags, and Cotton Yarn. It offers various products, such as food grade bags, UN certified bags, circular big bags, Q bags, and U panel bags. The Company's FIBC bags are primarily exported to the United States, Europe and African countries.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Packaging: 96 companies →Polyspin Exports against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)5.2 against a typical 18.3: cheaper than most peers (1st = cheapest).7th of 95
- Sales growth−7.4% against a typical +22.9% from a year earlier.66th of 74
- Profit growth+7.1% against a typical +25.3% from a year earlier.45th of 68
- Size₹ 30 Cr. market value against a typical ₹ 116.3 Cr. (1st = largest).68th of 88
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated BB+ by CARE- The company stopped sharing information with CRISIL.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE BB+ | Stable | 27 Jul 2026 |
| CRISIL | Crisil B(Issuer Not Cooperating) | Stable | 26 Jun 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 27 Jul 2026 | Reaffirmed | CARE BB+ | — | CARE | ₹ 135.48 Cr. | |
| 26 Jun 2026 | Reaffirmed | Crisil B(Issuer Not Cooperating) | — | CRISIL | ₹ 49.81 Cr. | |
| 6 Apr 2026 | Reaffirmed | CARE BB+ | — | CARE | ₹ 136.57 Cr. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 53 | 51 | 49 | 49 | 62 | 55 | 60 | 57 | 59 | 54 | 56 | 53 |
| Expenses | 51 | 52 | 50 | 46 | 57 | 52 | 57 | 54 | 55 | 51 | 54 | 51 |
| Operating Profit | 3 | −2 | −2 | 3 | 5 | 3 | 3 | 3 | 4 | 2 | 2 | 2 |
| OPM % | 4.7% | −3.3% | −3.1% | 5.3% | 7.6% | 4.8% | 4.9% | 5.9% | 6.5% | 4.5% | 3% | 4.3% |
| Other Income | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 2 | 1 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 2 | −3 | −3 | 1 | 3 | 1 | 1 | 2 | 2 | 1 | 1 | 1 |
| Tax % | 3.5% | 3.3% | −70.6% | −53% | 85.5% | 67.4% | 63.3% | 27.9% | 8.3% | 31.9% | 26.1% | 26.9% |
| Net Profit | 2 | −3 | −1 | 2 | 1 | 1 | 1 | 1 | 2 | 1 | 0 | 2 |
| EPS in Rs | 2.19 | −2.5 | −0.65 | 1.79 | 0.67 | 0.84 | 0.81 | 1.4 | 2.42 | 1.25 | 0.49 | 1.5 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- −1%
- 3 Years
- 3%
- TTM
- −5%
- 10 Years
- —
- 5 Years
- −9%
- 3 Years
- 1%
- TTM
- 37%
- 10 Years
- 4%
- 5 Years
- −18%
- 3 Years
- −15%
- TTM
- —
- 10 Years
- 12%
- 5 Years
- 7%
- 3 Years
- 4%
- TTM
- —
P/E and EPS over time
Daily price to earnings ratio.
Peers
Listed companies in the same business.
| Polyspin Exports | ₹ 28.00 | ₹ 30 Cr. | 5.2x | 0.4x | 8% | — |
| Arvind | ₹ 482.00 | ₹ 13,095 Cr. | 33x | 3.5x | 10.6% | 4.6% |
| Trident | ₹ 20.48 | ₹ 10,437 Cr. | 34.3x | 2.7x | 8% | 5.6% |
| Garware Technical Fibres | ₹ 740.25 | ₹ 7,202 Cr. | 35.8x | 5.6x | 16.4% | 13.9% |
| Filatex India | ₹ 91.60 | ₹ 4,068 Cr. | 17.3x | 2.1x | 12.9% | 4.4% |
| Nitin Spinners | ₹ 602.30 | ₹ 3,386 Cr. | 17.4x | 2.1x | 12.8% | 5.5% |
Management
- S. Seenivasa Varathan
- Chief Financial Officer
- Barathy Ponram
- Chief Operating Officer
- Ayyanar Emarajan
- Compliance Officer, Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.