Polychem Q1 Results Net Profit of ₹150.18 Lakhs and 33.21% Decrease in EPS

For the first quarter of the 2024-2025 financial year, Polychem reported its financial results on August 8, 2024. The company’s performance showed a mixed picture, with revenues from operations reaching ₹1,374.47 lakhs, which was a decrease from the previous quarter but still robust compared to the same period last year.

Polychem's net sales and other operating income contributed to a total income of ₹1,374.47 lakhs. Expenses also saw a rise, leading to a profit before tax of ₹242.33 lakhs. Despite this, Polychem's net profit after tax for the quarter was ₹150.18 lakhs, indicating a solid performance amidst fluctuating financial conditions.

The company's segment information revealed that it operates across three main areas: Property Development, Specialty Chemicals, and Manufacturing and Trading in Capacitors. Each segment contributed differently to the overall financial results.

While the Specialty Chemicals segment, in particular, saw a decline compared to the previous quarter, the company managed to maintain a stable position. Polychem’s financial results reflect both its challenges and resilience in a competitive market, as it continues to adjust and respond to evolving economic conditions.

Polychem Q1 Results 2024 - 2025

Here’s a summary of Polychem’s financial results for the first quarter of the 2024-2025 financial year:

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Polychem Current Market Overview

Polychem is currently trading at ₹2,925 per share, showing a decrease of 7.30% recently. With a market capitalization of ₹117 crores, the company has a stock price range between ₹3,340 and ₹1,601 over its recent trading period.

The stock's Price-to-Earnings (P/E) ratio stands at 16.5, suggesting a moderate valuation. Polychem has a book value of ₹1,020 per share and offers a dividend yield of 1.03%. The company’s Return on Capital Employed (ROCE) is 22.7%, and its Return on Equity (ROE) is 18.9%, reflecting strong financial performance. The face value of the stock is ₹10.

Quarterly Results

Here’s the table of Polychem’s financial performance over the recent quarters, highlighting key metrics from December 2023 through June 2024:

About Polychem 

Polychem is a well-established company known for its production of various polymers and chemicals. Founded in 1956, the company has pioneered the manufacturing of key materials like Styrene, Polystyrene, and Polyvinyl Alcohol in India.

Based in Mumbai, Polychem operates a versatile plant where it produces custom resins and polymers for various industries. The company's product range includes different types of Polystyrene and Co-Polymers, which are used in a variety of applications.

Over the years, Polychem has built a reputation for innovation and quality in the chemical manufacturing sector.