JINDALPOLYIndustrials

Jindal Poly Films Limited

Packaging · ISIN INE197D01010 · BSE 500227 · NSE EQ · FV ₹10
Last price
₹726
-2.21%today
What this company does

Jindal Poly Films Limited operates in Packaging, part of the Industrials sector. It booked ₹696 cr of revenue in its latest quarter (Q1 FY27) and kept 15.5% of sales as profit. It is the 6th largest of 9 Packaging companies we track, by market value.

The Company is engaged in the business of manufacturing & sales of Nonwoven Fabric Products of various dimensions and grades.
The company is engaged in the business of manufacture and distribution of Nonwoven Fabrics.
In the report:
57out of 100
Equitytale Health Score
Mixed

Healthier than 57% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 166–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
63

At close. Not part of the score.

Profitability & returns54

How much profit it earns on the money it employs

Balance sheet31

How much it owes, and whether earnings cover the interest

Cash quality54

Whether reported profit actually arrives as cash

Growth & consistency39

Whether sales and profit have grown, and how steadily

Valuation87

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 16% net margin
Profit up 193% vs last year
Promoters hold 75%
No promoter shares pledged
Watch-outs
! Sales down 36% vs last year
! Carries high debt (D/E 1.3)
! Operating cash flow is negative

What if I invest in JINDALPOLY?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹726 -2.21%
latest close · 2026-09-17
1-year return
-23.2%
52-wk low ₹61852-wk high ₹1,449
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio9.1Low
LowAverageHigh
P/B ratio1.04Moderate
Below bookModerateHigh
EV / EBITDA11.2Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity14.2%Fair
WeakFairStrong ▸15%
Return on capital6.5%Weak
WeakFairStrong
Net margin15.5%Strong
ThinDecentStrong
EBITDA margin23.0%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.32High
LowModerateHigh ▸1
Interest cover3.9×Okay
RiskyOkayStrong ▸5×
Current ratio3.18Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹3,179 cr
Book value
₹697
EPS
₹19.99
latest quarter
Net debt
₹3,957 cr
owes more than its cash
Enterprise value
₹7,136 cr
EBITDA
₹640 cr
annualised
EBIT
₹468 cr
annualised
Operating margin
16.8%
Return on assets
5.0%
Earnings yield
11.01%
P/S
1.14
Sales / share
₹635.6
Tax rate
-0.7%
Face value
₹10
Shares
4.4 cr
Working capital
₹3,420 cr
Current assets
₹4,993 cr
Current liabilities
₹1,572 cr
Delivery %
46.6%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹350₹876, midpoint ₹678

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹696 cr
Other Income₹150 cr
Total Income₹846 cr
Cost of Materials₹436 cr
Purchases of Stock-in-Trade₹2 cr
Inventory Change (±)₹-1 cr
Employee Benefit Expense₹65 cr
Finance Costs₹30 cr
Depreciation & Amortisation₹43 cr
Other Expenses₹184 cr
Total Expenses₹759 cr
Profit before Tax₹87 cr
Tax Expense₹-59.7 L
Net Profit₹107 cr
Net margin on total income12.7%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹437 cr50.4%
Employee benefit expense₹65 cr7.5%
Finance costs₹30 cr3.5%
Depreciation & amortisation₹43 cr5.0%
Other expenses₹184 cr21.2%
Profit for the period₹107 cr12.4%
Total income ₹846 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue372 cr675 cr696 cr
Total income446 cr979 cr846 cr
Expenses524 cr1,271 cr759 cr
Profit before tax-80 cr-1,356 cr87 cr
Tax20 cr-368 cr-59.7 L
Net profit (owners' share)-96 cr-988 cr108 cr
Net margin (owners' share, on revenue)-25.9%-146.4%15.5%
EPS (₹)-22.86-225.7419.99
YoY (latest quarter): total income -31.8% · net profit +192.9%
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹8,726 cr
Shareholder equity
₹3,051 cr
parent shareholders
Total debt
₹4,003 cr
Cash
₹46 cr
Cash flow · H1 FY26
Operating
₹-89 cr
Investing
₹554 cr
Financing
₹-447 cr
Peer comparison
Packaging · by market value
CompanyPriceMarket capP/E
EPL Limited₹231₹7,416 cr18.8
AGI Greenpac Limited₹734₹4,747 cr11.9
UFLEX Limited₹653₹4,715 cr2.8
TCPL Packaging Limited₹3,863₹3,516 cr22.0
Polyplex Corporation Limited₹1,085₹3,406 cr9.4
Jindal Poly Films Limitedthis company₹726₹3,179 cr9.1
Xpro India Limited₹1,236₹2,901 cr91.4
COSMO FIRST LIMITED₹880₹2,310 cr10.6
Mold-Tek Packaging Limited₹662₹2,069 cr29.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.81%
trailing 12 months
Dividend / share (TTM)
₹5.9
Last dividend
₹5.9
ex 23 Sep 2025
ActionDetailEx-date
Dividend₹5.9 / share23 Sep 2025
Dividend₹5.5 / share23 Sep 2024
Dividend₹4.3 / share22 Sep 2023
Dividend₹5 / share21 Sep 2022
Dividend₹2 / share22 Sep 2021
Dividend₹1 / share22 Sep 2020
Who owns it · 2026-06-30
No pledge
Promoter
74.5%
FII / Foreign
1.9%
DII / Domestic
0.0%
Retail / others
23.5%
Smart-money activity
Insider trades
BoughtBhavesh Trut · Promoter Group12.09 L25 Apr 22
SoldSSJ Trust · Promoter Group12.09 L25 Apr 22
BoughtSSJ TRUST · Promoters4.57 L · ₹21.3 cr19 Oct 20
Bulk / block deals
SoldSEETHA KUMARI . · NSE10.55 L @ ₹8948 Apr 26
BoughtMACE VENTURE · NSE2.85 L @ ₹8948 Apr 26
BoughtM PRASAD & CO LIMITED · NSE7.70 L @ ₹8948 Apr 26
Stake changes
BoughtM Prasad & co Ltd., Mace Venture and Monet Securities Pvt. Ltd.→ 11.40% · 14.10 L8 Apr 26
BoughtMonet Securities Pvt. Ltd→ 8.18% · 21.89 L20 Mar 26
SoldSeetha Kumari→ 0.21% · 20.72 L12 Nov 24
What shareholders were asked to approve
5 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 30 Sep 2025
See the official result
1
Adoption of Accounts
⚑ Passed only because promoters voted yes
Backed by 15% of shareholders other than promotersneeded 50%
7.44 L votes for, 43.67 L against · 0% of mutual funds and other big investors said no
2
Declaration of dividend on equity shares for the financial year ended 31st March 2025
Backed by 100% of shareholders other than promotersneeded 50%
51.56 L votes for, 7 against · 0% of mutual funds and other big investors said no
3
Reappointment of retiring director Mr. Sanjeev Saxena
⚑ Passed only because promoters voted yes
Backed by 9% of shareholders other than promotersneeded 50%
4.58 L votes for, 46.71 L against · 40% of mutual funds and other big investors said no
4
Appointment of M/s. DMK Associates, Practicing Company Secretaries as Secretarial Auditors of the Company
⚑ Passed only because promoters voted yes
Backed by 15% of shareholders other than promotersneeded 50%
7.62 L votes for, 43.67 L against · 0% of mutual funds and other big investors said no
5
Alteration of Articles of Association of the Company
⚑ Passed only because promoters voted yes
Backed by 15% of shareholders other than promotersneeded 75%
7.62 L votes for, 43.67 L against · 0% of mutual funds and other big investors said no
6
Increase in limits of Loans, Investments, Guarantees and Securities
⚑ Passed only because promoters voted yes
Backed by 9% of shareholders other than promotersneeded 75%
4.59 L votes for, 46.71 L against · 40% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 7 named members
owning 74.5% between them · as of 2026-06-30
CONCATENATE FLEXI FILMS ADVEST PRIVATE LIMITED62.80%
BHAVESH TRUST (Trustees Mr. Bhavesh Jindal and Mrs. Subhadra Jindal)8.17%
CONSOLIDATED FINVEST AND HOLDINGS LIMITED3.57%
Bhavesh Jindalno shares
CONCATENATE ADVEST ADVISORY PRIVATE LIMITEDno shares
FUTURISTIC TRUST (Trustees Mr. Shyam Sunder Jindal and Mrs. Subhadra Jindal)no shares
Shyam Sunder Jindalno shares
Business done with them
FY2025 · 2 of the group
The company paid ₹30 cr to companies in the promoter group last year — about 0.6% of its ₹5,335 cr revenue and received ₹11.3 L back from them.
Concatenate Advest Advisory Private Limited
Other payments to them · Professional services paid, Rent paid, Sale of investment
₹30 cr
company paid
Concatenate Advest Advisory Private Limited
Leases As Lessee · Professional services paid, Rent paid, Sale of investment
₹2 cr
company received
Concatenate Flexi Films Advest Private Limited
Paid them for services · Professional services paid
also owns 62.80% of the company
₹15 L
company paid
Concatenate Advest Advisory Private Limited
Contribution received from them · Professional services paid, Rent paid, Sale of investment
₹11.3 L
company received

The company also transacted with 28 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.