SPP PolymerShare price, financial results, shareholding and management
- Market cap
- ₹19 cr
- Stock P/E
- -peers 19.5
- Book value
- ₹30
- Price to book
- 0.40
- EV / operating profit
- -
- Market cap to sales
- 0.17
- ROCE · FY26
- -5.5%
- ROE · FY26
- -8.6%
- ROE, 3-year average
- -0.5%
- Operating margin · FY26
- -2.4%peers 11.9%
- Sales growth, 3 years
- 18.8%
- Profit growth, 3 years
- -468.1%
- Debt to equity
- 0.28peers 0.29
- Borrowings
- ₹12.9 cr
- Interest cover
- -3.4×
- Cash from business / op. profit
- -65%
- Debtor days
- 75
- Pledged
- 0.00%
- Promoter holding
- 67.08%
- Change in promoter holding
- 0.00 pts
- Shareholders
- 1,294
- 52-week high / low
- ₹18 / ₹10
- Dividend yield
- 0.00%
- Face value
- ₹10
Tap or hover on any figure for what it means. Our arithmetic on reported figures, at the latest close.
newboard is reading this company's filings. Its plain description, key points, management and study will appear here soon; the figures below are worked out from what it has filed.
SPP Polymer share price chart
Close on 6 Nov 2026 · +4.78% on the day · Vol 12,000
Daily prices to 6 Nov 2026, adjusted for splits and bonuses. Closing prices only: check the exchange for the live price.
Share price returns
To the close of 6 Nov 2026
- 1 month
- +2.1%
- 3 months
- -1.6%
- 6 months
- -13.9%
- 1 year
- -29.1%
- Since IPO
- -79.6%
- Traded a day, 20 days
- ₹0.01 cr
- Taken for delivery
- 89%
Business growth
Sales and net profit, from the reported results
| Sales | Profit | |
|---|---|---|
| FY26 on FY25 | +3% | -468% |
| 3 years, a year | +19% | - |
| Latest half, H2 FY26 | +6% | -5433% |
SPP Polymer revenue and profit growth
Half-yearly results · Profit and lossSales have grown steadily. Last year profit fell even as sales rose, so the company kept less from each rupee of sales.
SME companies report every six months. In the latest half, sales were higher than in the same half a year before. Profit grew more slowly than sales, so each rupee of sales left a little less profit.
SPP Polymer half-yearly results
SME companies report every six months · ₹ crore
| H2FY24 | H1FY25 | H2FY25 | H1FY26 | H2FY26 | |
|---|---|---|---|---|---|
| Sales | 51 | 54 | 53.52 | 53.71 | 56.96 |
| Expenses | 48 | 50 | 51.48 | 53.59 | 59.68 |
| Operating profit | 3 | 4 | 2.04 | 0.11 | -2.72 |
| OPM | 6.0% | 7.0% | 3.8% | 0.2% | -4.8% |
| Interest | 1 | 1 | 0.50 | 0.32 | 0.62 |
| Depreciation | 2 | 2 | 1.87 | 1.68 | 1.70 |
| Profit before tax | 2 | 2 | 0.25 | -0.96 | -3.22 |
| Net profit | 2 | 1 | 0.06 | -0.96 | -3.20 |
SPP Polymer profit and loss
Full years to March, FY20 to FY26 · ₹ crore, consolidated where reported
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Sales | 59 | 66 | 80 | 66 | 92 | 107.56 | 110.67 |
| Expenses | 56 | 63 | 79 | 63 | 86 | 101.59 | 113.27 |
| Operating profit | 2 | 2 | 2 | 3 | 6 | 5.97 | -2.61 |
| OPM | 3.7% | 3.6% | 1.9% | 4.0% | 7.0% | 5.5% | -2.4% |
| Other income | 0 | 0 | 0 | 1 | 2 | 1.34 | 2.74 |
| Interest | 1 | 1 | 1 | 1 | 3 | 1.66 | 0.94 |
| Depreciation | 1 | 1 | 1 | 1 | 4 | 3.69 | 3.38 |
| Exceptional and other items | 1 | 1 | · | -1 | · | · | · |
| Profit before tax | 1 | 1 | 0 | 1 | 1 | 1.96 | -4.18 |
| Tax rate | 0.0% | 0.0% | 32.0% | 0.0% | 0.0% | 42.3% | 0.5% |
| Net profit | 1 | 1 | 0 | 1 | 1 | 1.13 | -4.16 |
| EPS ₹ | · | · | · | 1.92 | 0.93 | 0.73 | -2.70 |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 68.0% | 0.0% |
The years to FY24 come rounded to the nearest crore in the source.
Exceptional and other items: profit before tax beyond operating profit, other income, interest and depreciation, such as one-off items or a share of associates' profit, as reported.
SPP Polymer profitability
Margins and returns on capitalLast year the company kept less from each rupee of sales than the year before. Its costs were more than its sales. It earns a low return on the money it uses.
Operating margin, every year
Per cent of sales kept before interest, depreciation and tax
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Operating margin | 3.7% | 3.6% | 1.9% | 4.0% | 7.0% | 5.5% | -2.4% |
| Tax rate | 0.0% | 0.0% | 32.0% | 0.0% | 0.0% | 42.3% | 0.5% |
| ROCE | · | 10.0% | 3.8% | 5.0% | 8.8% | 7.0% | -5.5% |
| ROE | · | 7.4% | 0.0% | 4.4% | 4.0% | 3.0% | -8.6% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 68.0% | 0.0% |
SPP Polymer debt and cash flow
Balance sheet · Cash flow · Working capitalThe company's own money, its net worth, has shrunk. It borrowed much more last year. Its loans are smaller than its own money. Last year the business brought in more cash than it showed as profit. Customers take longer to pay than they did in FY24, which ties up more of the company's money in unpaid bills.
Bars below the line are cash going out.
SPP Polymer balance sheet
At each 31 March · ₹ crore
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Equity capital | 2 | 2 | 3 | 3 | 11 | 15.39 | 15.39 |
| Reserves | 11 | 12 | 17 | 22 | 14 | 35.72 | 30.75 |
| Net worth | 13 | 14 | 20 | 25 | 25 | 51.11 | 46.14 |
| Borrowings | 8 | 5 | 13 | 22 | 19 | 7.72 | 12.91 |
| Other liabilities | 4 | 3 | 5 | 7 | 27 | 21.70 | 22.70 |
| Total liabilities | 25 | 22 | 38 | 54 | 71 | 80.53 | 81.75 |
| Fixed assets | 6 | 6 | 7 | 27 | 24 | 23.36 | 20.24 |
| Capital work in progress | 0 | 0 | 4 | 0 | 0 | 1 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 19 | 16 | 27 | 27 | 47 | 56.17 | 61.51 |
| Receivables | · | · | · | · | · | 16.24 | 22.75 |
| Inventory | · | · | · | · | · | 28.92 | 28.81 |
| Cash | · | · | · | · | · | 0.02 | 0.06 |
| Trade payables | · | · | · | · | · | 18.69 | 19.81 |
SPP Polymer cash flow
₹ crore
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | · | 4 | -6 | 4 | 6 | -9.83 | 1.70 |
| Cash from investing | · | 0 | -6 | -17 | -2 | -4.84 | 0.12 |
| Cash from financing | · | -4 | 13 | 12 | -5 | 14.61 | -1.78 |
| Net cash flow | · | 0 | 1 | -1 | -1 | -0.06 | 0.04 |
| Capital spending | · | · | · | · | · | 2.60 | 0.62 |
Working capital
Days
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 44 | 54 | 46 | 43 | 56 | 55 | 75 |
| Inventory days | 64 | 29 | 53 | 71 | 129 | 133 | 118 |
| Days payable | 16 | 12 | 24 | 41 | 124 | 86 | 81 |
| Cash conversion cycle | 93 | 70 | 76 | 73 | 61 | 102 | 112 |
| Working capital days | 31 | 35 | 29 | 34 | 30 | 81 | 73 |
SPP Polymer peers and competitors
Listed SME companies in the same industryBy sales, SPP Polymer is number 76 of the 156 listed SME companies in industrial products.
Each company's latest full year and its latest close; companies the exchange puts in the same industry, whose businesses can differ a good deal. A list, not a comparison of their shares.
| Company | Market cap ₹ cr | P/E | Sales ₹ cr | Profit ₹ cr | Op. margin | Debt/equity |
|---|---|---|---|---|---|---|
| Barflex Polyfilms | 126 | 26.4 | 119 | 4.8 | 5.4% | 0.21 |
| Royal Arc Electrodes | 167 | 16.6 | 116 | 10.1 | 13.3% | 0.00 |
| SPP Polymer | 19 | - | 111 | -4.2 | -2.4% | 0.28 |
| Srivasavi Adhesive Tapes | 125 | 22.4 | 110 | 5.6 | 8.4% | 0.41 |
| Anubhav Plast | 54 | 7.7 | 109 | 7 | 13.0% | - |
| Sabar Flex India | 18 | 70.5 | 104 | 0.3 | 1.8% | 0.29 |
| G M Polyplast | 83 | 10.4 | 103 | 8 | 12.0% | 0.04 |
| Sealmatic India | 468 | 46.8 | 103 | 10 | 15.0% | 0.08 |
| Marco Cables & Conductors | 52 | 12.5 | 103 | 4.2 | 12.1% | 1.62 |
| SKP Bearing Industries | 283 | 322.9 | 103 | 0.9 | 9.6% | 0.88 |
| Jyoti Global Plast | 82 | 11.7 | 102 | 7 | 11.8% | 0.39 |
| Median of the 10 others | 104 | 19.5 | 104 | 6.3 | 11.9% | 0.29 |
SPP Polymer shareholding pattern
Promoters, FIIs, DIIs, HNIs and small holdersThe promoters own more than half the company. Big foreign and Indian funds own very little. The number of shareholders has come down.
SPP Polymer shareholding pattern
Per cent of shares, from the patterns filed with the exchange. Tap + to see everyone holding 1% or more in that group. HNIs and small holders show only where the pattern was filed in full.
| Sep 24 | Mar 25 | Sep 25 | Mar 26 | |
|---|---|---|---|---|
| Promoters | 67.08% | 67.08% | 67.08% | 67.08% |
| Foreign investors (FIIs) | 0.69% | 0.00% | 0.00% | - |
| Indian institutions (DIIs) | 0.00% | 0.00% | 0.00% | - |
| HNIs (over ₹2 lakh each) | 7.35% | 7.78% | 8.75% | 9.27% |
| Small holders (up to ₹2 lakh) | 22.94% | 22.53% | 21.95% | 21.60% |
| Companies and others | 1.94% | 2.61% | 2.22% | 2.05% |
| Number of shareholders | 1,683 | 1,463 | 1,382 | 1,294 |
The named holders are at 31 March 2026, beside 30 Sept 2025, each under the group the pattern files them in.
SPP Polymer latest news and announcements
Announcements · Documents · Corporate actionsWhat changed recently
Each half-year is set against the same half a year earlier
- H2 FY26: sales ₹57 cr (+6%), net profit -₹3.2 cr (-5433%) on H2 FY25.
- Shareholding, 31 March 2026: promoters unchanged at 67.08%.
SPP Polymer announcements
15 on record, latest first; each opens the filing on the exchange
- Shareholders meetingSrutinizers report of Annual General Meeting held on September 26, 2026. Further, the company has informed the Exchange regarding voting resultsPDF ↗
- Trading WindowClosure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015PDF ↗
- Shareholders meetingProceedings of held on September 26, 2026PDF ↗
- Resignation of Director/KMP/SMPResignation of Director/KMP/SMPPDF ↗
- ResignationOf Chetna Shoor as Company Secretary & Compliance Officer of the company w.e.f. October 16, 2026PDF ↗
- Copy of Newspaper PublicationCopy of Newspaper PublicationPDF ↗
- Shareholders meetingNotice of Annual General Meeting to be held on September 26, 2026PDF ↗
- Outcome of Board MeetingHeld on July 23, 2026PDF ↗
- Reply to Clarification- Financial resultsThe Exchange had sought clarification from SPP Polymer Limited for the quarter ended 31-Mar-2025 with respect to Regulation 33 of the SEBI (Listing Obligations PDF ↗
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Certificate under SEBI (Depositories and Participants) Regulations, 2018PDF ↗
- Disclosure under SEBI Takeover Regulationsof Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011PDF ↗
- Reply to Clarification- Financial resultsThe Exchange had sought clarification from SPP Polymer Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listing Obligations PDF ↗
SPP Polymer annual reports, earnings calls and documents
Every document links to its source; “read” marks those this page is built from
SPP Polymer share split, bonus and dividends
From the corporate actions the company announces on the exchange
- DividendDIVIDEND - RS 0.50 PER SHAREex-date 1 Aug 2025
Checks we ran on SPP Polymer's data · 9
Before any number shows, it goes through the same checks. A figure that fails is held back, never shown as if it were right.
- ✓Balance sheet totals add up for FY25 and FY26.
- ✓Market cap uses the share count in the latest shareholding pattern (1,53,91,160 shares).
- ✓The share capital in the FY26 results matches the share count in the shareholding pattern.
- ✓Promoter pledge figures are within possible limits in every shareholding pattern shown.
- ✓Promoter and public holdings add up to 100% in every shareholding pattern shown.
- ✓The two half-years of FY26 add up to the full-year sales.
- ✓Earnings per share moves in line with profit across the years shown.
- ✓Revenue and profit are reported for every year shown, FY20 to FY26.
- iPrices run to the close on 13 Oct 2026, from the exchange's daily figures.
Questions people ask about SPP Polymer
What does SPP Polymer do?
SPP Polymer is an SME company listed on NSE Emerge, in industrial products.
What is the share price of SPP Polymer?
₹12.1 at the close on 6 Nov 2026, from the exchange's daily figures.
What is the market cap of SPP Polymer?
₹19 cr at the close on 6 Nov 2026, on 1,53,91,160 shares.
What are SPP Polymer's revenue and profit?
Revenue ₹111 cr and profit after tax -₹4 cr in FY26.
Who are the promoters of SPP Polymer?
The promoter group; promoters held 67.08% at 31 March 2026.
What was the IPO price of SPP Polymer?
₹59 a share; it listed on 17 Sept 2024.
What is SPP Polymer's website?
www.spppolymer.com
More SME companies like SPP Polymer
Other listed SME companies in industrial products, the closest in size first, each read from its own documents.
- AIK Pipes and PolymersAIKPIPES · BSE SME · Industrial ProductsMarket cap ₹18 cr
- Command PolymersCOMMAND · BSE SME · Industrial ProductsMarket cap ₹19 cr
- Agarwal Float Glass IndiaAGARWALFT · NSE Emerge · Industrial Products · listed 2023Market cap ₹18 cr
- Sabar Flex IndiaSABAR · NSE Emerge · Industrial Products · listed 2022Market cap ₹18 cr
- Sati Poly PlastSATIPOLY · NSE Emerge · Industrial Products · listed 2024Market cap ₹18 cr
- Krupalu MetalsKRUPALU · BSE SME · Industrial ProductsMarket cap ₹18 cr
Every listed SME company in Industrial Products → · SME companies listed in 2024 →
Built from 15 exchange announcements, 4 shareholding patterns and 7 years of reported results. Every figure carries its source; where the documents are silent, the page says so.