POLYSIL

Polysil Irrigation Systems Limited

Listed company · ISIN INE517M01028 · NSE SM · FV ₹10
Last price
₹59
-3.38%today
What this company does

Polysil Irrigation Systems Limited is a listed company. It booked ₹5 cr of revenue in its latest quarter (Q1 FY27) and kept 3.9% of sales as profit.

28out of 100
Equitytale Health Score
Fragile

Healthier than 28% of listed companies we score, on the 5 of 6 measures we could read for it. Each measure is ranked against the 2,334–2,885 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)
40

At close. Not part of the score.

Profitability & returns26

How much profit it earns on the money it employs

Balance sheet26

How much it owes, and whether earnings cover the interest

Cash quality2

Whether reported profit actually arrives as cash · lowest in its sector on what we could measure

Valuation19

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

Governance & risk86

How much of the promoters' stake is pledged, and how much they hold

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Some things to watch
Strengths
✓ Makes a profit
✓ No promoter shares pledged
Watch-outs
! Thin 3.9% net margin
! Low 1.4% return on equity

What if I invest in POLYSIL?

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 We do not publish price targets or predict returns.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
₹59▼ -3.38%
latest close · 2026-10-01
52-wk low ₹4751 sessions so far52-wk high ₹123
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 ratio183.1High
LowAverageHigh
P/B ratio2.69Moderate
Below bookModerateHigh
EV / EBITDA30.1High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity1.4%Weak
WeakFairStrong ▸15%
Return on capital9.2%Fair
WeakFairStrong
Net margin3.9%Thin
ThinDecentStrong
EBITDA margin30.9%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.61Moderate
LowModerateHigh ▸1
Interest cover1.8×Risky
RiskyOkayStrong ▸5×
Current ratio1.33Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹155 cr
Book value
₹22
EPS
₹0.08
latest quarter
Net debt
₹34 cr
owes more than its cash
Enterprise value
₹190 cr
EBITDA
₹6 cr
annualised
EBIT
₹6 cr
annualised
Operating margin
27.3%
Return on assets
0.6%
Earnings yield
0.55%
P/S
7.62
Sales / share
₹7.7
Tax rate
66.5%
Face value
₹10
Shares
2.7 cr
Working capital
₹24 cr
Current assets
₹94 cr
Current liabilities
₹71 cr
Delivery %
77.9%
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 2026-10-01.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.

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₹5 cr
Other Income₹1.7 L
Total Income₹5 cr
Cost of Materials₹2 cr
Purchases of Stock-in-Trade₹27.5 L
Inventory Change (±)₹-2 cr
Employee Benefit Expense₹1 cr
Finance Costs₹79.3 L
Depreciation & Amortisation₹18.4 L
Other Expenses₹2 cr
Total Expenses₹5 cr
Profit before Tax₹59.9 L
Tax Expense₹39.8 L
Net Profit₹20.1 L
Net margin on total income3.9%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹68.4 L13.4%
Employee benefit expense₹1 cr21.4%
Finance costs₹79.3 L15.5%
Depreciation & amortisation₹18.4 L3.6%
Other expenses₹2 cr34.3%
Tax expense₹39.8 L7.8%
Profit for the period₹20.1 L3.9%
Total income ₹5 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27
Revenue15 cr5 cr
Total income16 cr5 cr
Expenses13 cr5 cr
Profit before tax3 cr59.9 L
Tax9.8 L39.8 L
Net profit (owners' share)3 cr20.1 L
Net margin (owners' share, on revenue)19.3%3.9%
EPS (₹)1.420.08
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹131 cr
Shareholder equity
₹58 cr
parent shareholders
Total debt
₹35 cr
Cash
₹99.8 L
Who owns it · 2026-06-30
No pledge
Promoter
23.8%
FII / Foreign
—
DII / Domestic
1.7%
Retail / others
74.5%
Promoter stake down 4.2% over the last 4 quarters.
Smart-money activity
Bulk / block deals
BoughtNEO APEX SHARE BROKING SERVICES LLP · NSE2.67 L @ ₹47.4626 Aug 26
SoldNEO APEX SHARE BROKING SERVICES LLP · NSE1.42 L @ ₹50.4226 Aug 26
BoughtNEO APEX SHARE BROKING SERVICES LLP · NSE2.03 L @ ₹71.2510 Aug 26
What shareholders were asked to approve

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 2026
See the official result
1
Ordinary Resolution for adoption of financial statements and auditors and directors report thereon for the year ended on 31.03.2026
Backed by 100% of shareholders other than promotersneeded 50%
9.28 L votes for, 0 against
2
Ordinary Resolution for appointment of a director in place of Mr. Prafulbhai Damjibhai Radadia (DIN: 09660425), who retires by rotation and being eligible, seeks re-appointment.
Backed by 100% of shareholders other than promotersneeded 50%
9.28 L votes for, 0 against

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 — 25 named members
owning 23.8% between them · as of 2026-06-30
BHARAT KUMAR T PATEL21.27%
PRAFULBHAI D RADADIA1.80%
ASHABEN NIRAVBHAI KATRODIYA0.72%
ARATIBEN P RADADIYAno shares
ASHISH DHIRUBHAI DESAIno shares
ASMITABEN B PATELno shares
BHARATKUMAR DHIRAJLAL DESAIno shares
BHARTIBEN PANKAJBHAI KAPADIYAno shares

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.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹21 cr raised in Jun 2025 by selling shares to selected investors

As of Jun 2026, the company says it has spent 69% of what it set aside, leaving ₹7 cr still to be spent.

(a) Working Capital Requirements for upscaling and upgradation of existing products; (b) Capital Expenditure for by way of installation of new and latest machinery as well as expansion of existing capacity; (c) Repayment of Secured and / or Unsecured Loan(s) of Banks, NBFCs and financial institutions; (d) Strategic Partnerships or Alliances and tie-ups with similar nature of businesses for expansion of company’s business; (e) General Corporate Purposes including issue related expenses
69%
₹15 cr of ₹21 cr
₹20 cr raised in Jun 2025 by selling shares to selected investors

As of Jun 2026, the company says it has spent 0% of what it set aside, leaving ₹20 cr still to be spent.

(a) Working Capital Requirements for upscaling and upgradation of existing products; (b) Capital Expenditure for by way of installation of new and latest machinery as well as expansion of existing capacity; (c) Repayment of Secured and / or Unsecured Loan(s) of Banks, NBFCs and financial institutions; (d) Strategic Partnerships or Alliances and tie-ups with similar nature of businesses for expansion of company’s business; (e) General Corporate Purposes including issue related expenses
0%
₹0 cr of ₹20 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

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