PML

Vadodara, India Founded: 1978 • Age: 48 yrs Listed
Manufacturer and supplier of injection blow moulding machines
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About PML

PML is a publicly listed company based in Vadodara (India) founded in 1978. Manufacturer and supplier of injection blow moulding machines. The company has 108 employees. Its chief executive, as recorded, is Mukesh Bhuva. Its Indian entity Polymechplast Machines Limited reported revenue of ₹73.86 Cr. PML offers products and services including Protek Series and Alpha Series. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services.

Company details

PML was founded in 1978 and is based in Vadodara, India. Operations focus on the manufacturing and supply of injection and blow moulding machines within the plastics processing sector. Equipment is provided to support industrial production needs, with activities centered in the Indian market. Leadership is held by CEO Mukesh Bhuva, overseeing core functions in machinery development and distribution.

  • Headquarters Vadodara, India
  • Employees 108
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website polymechplast.com
  • Social LinkedIn
  • Legal Name Polymechplast Machines Limited
Operational Areas
Industrial Goods & Manufacturing → Contract & Outsourced Manufacturing
Key Metrics
  • Market Cap
    ₹25.77 Cr

    POLYCHMP · BSE

  • Share Price
    ₹45.85

    -0.35% today

  • Revenue
    ₹68.93 Cr

    FY 2025-26 · +6.2% YoY

  • EBITDA
    ₹0.65 Cr

    Margin 0.9%

  • Net Profit
    ₹3.20 Cr

    FY 2025-26 · +350.7% YoY

  • P/E (TTM)
    9.7x

    P/B 0.9x

  • Employee Count
    108

Products & Services of PML

PML offers a comprehensive portfolio of products and services, including Protek Series and Alpha Series.

Protek Series
Injection Moulding Machines

IoT technology-based machines are provided for smart solutions in plastic processing applications.

Alpha Series
Injection Moulding Machines

Machines for precision complex moulding applications are supplied to meet industrial needs.

Board of directors of Polymechplast Machines Limited (PML)

Polymechplast Machines Limited is the primary company behind PML. The board of Polymechplast Machines Limited currently have 8 directors; the longest-serving is Mahendrabhai Ravjibhai Bhuva, appointed in 1998. 12 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Mahendrabhai Ravjibhai Bhuva
DIN 00054562
Director01 Oct 199828 yrsPolymechplast Machines Limited
Himmatlal Parshottambhai Bhuva
DIN 00054580
Managing Director01 Oct 199828 yrsPolymechplast Machines Limited
Asmani Ailush Surve
DIN 10277624
Director11 Aug 20233 yrs 2 moPolymechplast Machines Limited
Chirag Sureshbhai Shah
DIN 10688506
Director12 Aug 20242 yrs 2 moPolymechplast Machines Limited
Manan Joshi
DIN 08544569
CEO02 Dec 20241 yr 10 moPolymechplast Machines Limited
Amit Jayantilal Shah
DIN 10578730
Director07 Aug 20251 yr 2 moPolymechplast Machines Limited
Anand Mahendrabhai Bhuva
DIN 11217077
Director07 Aug 20251 yr 2 moPolymechplast Machines Limited
Devang Rasiklal Shah
DIN 11912406
Director27 Aug 20262 moPolymechplast Machines Limited

People of PML

1 people are tracked at PML (1 in leadership); the tracked headcount is 108.

NameRoleGroup
Mukesh Bhuva
CEOLeadership
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Complete people profiles for PML

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IPO & Listings of PML

PML is a publicly listed company on the BSE with ticker symbol POLYCHMP in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date10 Aug 1993
  • Listed onBSE: 526043
  • Listed entityPolymechplast Machines Limited
  • Exchange sectorProducer manufacturing
  • ISININE809B01014
  • Share price₹47.88 · 2026-10-14
  • Market capitalisation₹26.8 Cr
  • Price to earnings9.9
  • EPS (diluted, trailing year)₹4.82
  • Dividend yield2.2%
  • Volume (last session)39

Financials of PML

Exchange-reported figures of Polymechplast Machines Limited, the listed company behind PML (BSE: POLYCHMP).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹68.93 Cr
+6.2% YoY
EBITDA
₹0.65 Cr
-62.0% YoY
Profit After Tax
₹3.20 Cr
+350.7% YoY
Net Worth
₹28.22 Cr
+10.7% YoY
Total Assets
₹33.36 Cr
+7.7% YoY
Total Debt
₹4.68 Cr
+32.6% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue68.9364.8959.0469.2283.4460.8943.91
Revenue growth+6.2%+9.9%-14.7%-17.0%+37.0%+38.7%-
EBITDA0.651.711.922.815.483.902.84
EBITDA margin+0.9%+2.6%+3.3%+4.1%+6.6%+6.4%+6.5%
Profit before tax4.341.301.122.064.743.642.37
Net profit3.200.710.701.533.432.771.74
Net profit margin+4.6%+1.1%+1.2%+2.2%+4.1%+4.6%+4.0%
EPS (₹)5.721.251.292.746.155.813.59
Balance sheet
Total assets33.3630.9826.5429.3929.2321.5820.21
Net worth28.2225.5025.3625.1824.1516.2013.81
Total debt4.683.531.054.215.075.386.40
Cash & bank4.438.743.167.378.115.751.52
Net working capital9.1710.873.459.128.954.636.13
Cash flow
Cash from operations(5.24)(0.83)3.461.112.608.702.56
Cash from investing3.241.640.71(0.22)(8.50)(5.10)(2.55)
Cash from financing0.221.75(4.15)(1.89)3.75(1.33)(0.82)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue9.9321.7520.2314.9711.9819.1815.0216.40
Revenue growth (YoY)-17.1%+13.4%+34.7%-8.7%-16.2%---
Other income0.244.280.220.230.200.180.230.21
EBITDA(0.88)(0.35)1.090.15(0.24)0.390.550.86
EBITDA margin-8.9%-1.6%+5.4%+1.0%-2.0%+2.0%+3.7%+5.2%
Depreciation0.190.220.220.220.210.230.230.23
Interest0.090.150.070.080.080.110.060.04
Profit before tax(0.92)3.561.020.08(0.33)0.230.490.80
Tax(0.21)0.490.380.12(0.09)0.060.140.25
Net profit(0.71)3.070.64(0.04)(0.24)0.170.350.55
EPS (₹)(1.42)5.311.09(0.16)(0.52)0.350.390.91
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue68.9364.8959.0469.2283.4460.8943.91
Revenue growth+6.2%+9.9%-14.7%-17.0%+37.0%+38.7%-
EBITDA0.091.711.862.815.483.902.84
EBITDA margin+0.1%+2.6%+3.2%+4.1%+6.6%+6.4%+6.5%
Profit before tax3.781.301.062.064.743.642.37
Net profit2.880.920.771.543.462.771.74
Net profit margin+4.2%+1.4%+1.3%+2.2%+4.2%+4.6%+4.0%
EPS (₹)5.151.621.412.776.205.823.59
Balance sheet
Total assets33.3631.3026.6629.4329.2621.5820.21
Net worth28.2225.8225.4725.2224.1816.2013.81
Total debt4.683.531.054.215.075.386.40
Cash & bank4.438.743.167.378.115.751.52
Net working capital9.1710.873.459.128.954.636.13
Cash flow
Cash from operations(5.24)(0.83)3.461.112.608.702.56
Cash from investing3.241.640.71(0.22)(8.50)(5.10)(2.55)
Cash from financing0.221.75(4.15)(1.89)3.75(1.33)(0.82)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue9.9321.7520.2314.9711.9819.1815.0216.40
Revenue growth (YoY)-17.1%+13.4%+34.7%-8.7%-16.2%---
Other income0.244.280.220.230.200.180.230.21
Total expenses10.8122.6619.1414.8212.2218.7914.4715.54
EBITDA(0.88)(0.91)1.090.15(0.24)0.390.550.86
EBITDA margin-8.9%-4.2%+5.4%+1.0%-2.0%+2.0%+3.7%+5.2%
Depreciation0.190.220.220.220.210.230.230.23
Interest0.090.150.070.080.080.110.060.04
Profit before tax(0.92)3.001.020.08(0.33)0.230.490.80
Tax(0.21)0.490.380.12(0.09)0.060.140.25

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 31 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue9.9321.7520.2314.9711.9819.1815.0216.40
Revenue growth (YoY)-17.1%+13.4%+34.7%-8.7%-16.2%---
Other income0.244.280.220.230.200.180.230.21
EBITDA(0.88)(0.35)1.090.15(0.24)0.390.550.86
EBITDA margin-8.9%-1.6%+5.4%+1.0%-2.0%+2.0%+3.7%+5.2%
Depreciation0.190.220.220.220.210.230.230.23
Interest0.090.150.070.080.080.110.060.04
Profit before tax(0.92)3.561.020.08(0.33)0.230.490.80
Tax(0.21)0.490.380.12(0.09)0.060.140.25
Net profit(0.71)3.070.64(0.04)(0.24)0.170.350.55
EPS (₹)(1.42)5.311.09(0.16)(0.52)0.350.390.91
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue68.9364.8959.0469.2283.4460.8943.91
Revenue growth+6.2%+9.9%-14.7%-17.0%+37.0%+38.7%-
Other income4.930.760.660.630.490.530.29
Total expenses68.2863.1857.1266.4177.9656.9941.07
Employee cost0.006.445.716.216.385.375.03
EBITDA0.651.711.922.815.483.902.84
EBITDA margin+0.9%+2.6%+3.3%+4.1%+6.6%+6.4%+6.5%
Depreciation0.870.920.940.920.800.460.31
Interest0.370.250.520.460.430.330.45
Profit before tax4.341.301.122.064.743.642.37
Tax0.900.380.290.521.280.870.63
Net profit3.200.710.701.533.432.771.74
Net profit margin+4.6%+1.1%+1.2%+2.2%+4.1%+4.6%+4.0%
EPS (₹)5.721.251.292.746.155.813.59
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital5.605.605.605.605.604.784.78
Reserves & surplus22.6219.9019.7619.5818.5511.429.03
Shareholders' funds (net worth)28.2225.5025.3625.1824.1516.2013.81
Minority interest0.000.000.000.000.000.000.00
Secured loans4.683.531.054.215.075.386.40
Unsecured loans0.000.000.000.000.000.000.00
Total debt4.683.531.054.215.075.386.40
Total liabilities33.3630.9826.5429.3929.2321.5820.21
Assets
Gross block17.8220.7820.7319.9019.3715.367.87
Net block11.7615.4716.3316.4416.8313.626.50
Capital work in progress0.000.000.000.000.000.235.06
Investments0.160.400.610.020.030.020.00
Inventories15.6312.9611.1313.4512.7211.1211.31
Sundry debtors4.451.812.651.592.771.481.57
Cash & bank balances4.438.743.167.378.115.751.52
Loans & advances4.160.781.310.281.071.651.99
Total current assets28.6724.2918.2522.6924.6720.0016.39
Total current liabilities19.5013.4214.8013.5715.7215.3710.26
Net working capital9.1710.873.459.128.954.636.13
Total assets33.3630.9826.5429.3929.2321.5820.21
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash2.590.030.021.023.180.911.72
Net cash from operating activities(5.24)(0.83)3.461.112.608.702.56
Net cash from investing activities3.241.640.71(0.22)(8.50)(5.10)(2.55)
Net cash from financing activities0.221.75(4.15)(1.89)3.75(1.33)(0.82)
Net change in cash(1.78)2.560.02(1.00)(2.16)2.27(0.81)
Closing cash4.438.743.167.378.115.751.52
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+6.2%+9.9%-14.7%-17.0%+37.0%+38.7%-
EBITDA growth-62.0%-10.9%-31.7%-48.7%+40.5%+37.3%-
PBT growth+233.9%+16.1%-45.6%-56.5%+30.2%+53.6%+9997.0%
Net income growth+350.7%+1.4%-54.3%-55.4%+23.8%+59.2%-
Revenue CAGR (3Y)-0.1%-8.0%-1.0%+16.4%---
EBITDA CAGR (3Y)-38.6%-32.2%-21.0%-0.4%---
Profitability & leverage
Net income margin+5.0%+1.4%+1.4%+2.2%+4.2%+4.6%+4.0%
Return on capital employed-+5.4%+5.9%+8.6%+20.4%+19.1%+13.9%
Return on net worth-+3.6%+3.4%+6.3%+17.2%+18.5%+12.5%
Debt / equity-0.090.100.190.260.390.46
Long-term debt / equity-0.000.000.000.020.050.08
Interest cover-168.1831.6553.0624.349.199.5917.79
Efficiency & per share
Fixed asset turnover-3.132.913.534.815.245.58
Inventory turnover-5.394.805.297.005.433.88
Debtors turnover-29.1027.8531.7539.2739.9327.97
EPS (₹)5.721.251.292.746.155.813.59
Dividend per share (₹)1.001.001.001.001.001.000.80
Book value per share (₹)0.0045.5345.2844.9543.1233.8828.88
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue9.9321.7520.2314.9711.9819.1815.0216.40
Revenue growth (YoY)-17.1%+13.4%+34.7%-8.7%-16.2%---
Other income0.244.280.220.230.200.180.230.21
Total expenses10.8122.6619.1414.8212.2218.7914.4715.54
EBITDA(0.88)(0.91)1.090.15(0.24)0.390.550.86
EBITDA margin-8.9%-4.2%+5.4%+1.0%-2.0%+2.0%+3.7%+5.2%
Depreciation0.190.220.220.220.210.230.230.23
Interest0.090.150.070.080.080.110.060.04
Profit before tax(0.92)3.001.020.08(0.33)0.230.490.80
Tax(0.21)0.490.380.12(0.09)0.060.140.25
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue68.9364.8959.0469.2283.4460.8943.91
Revenue growth+6.2%+9.9%-14.7%-17.0%+37.0%+38.7%-
Other income4.930.760.660.630.490.530.29
Total expenses68.8463.1857.1866.4177.9656.9941.07
Employee cost0.006.445.716.216.385.375.03
EBITDA0.091.711.862.815.483.902.84
EBITDA margin+0.1%+2.6%+3.2%+4.1%+6.6%+6.4%+6.5%
Depreciation0.870.920.940.920.800.460.31
Interest0.370.250.520.460.430.330.45
Profit before tax3.781.301.062.064.743.642.37
Tax0.900.380.290.521.280.870.63
Net profit2.880.920.771.543.462.771.74
Net profit margin+4.2%+1.4%+1.3%+2.2%+4.2%+4.6%+4.0%
EPS (₹)5.151.621.412.776.205.823.59
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital5.605.605.605.605.604.784.78
Reserves & surplus22.6220.2219.8719.6218.5811.429.03
Shareholders' funds (net worth)28.2225.8225.4725.2224.1816.2013.81
Secured loans4.643.531.054.215.075.386.40
Unsecured loans0.040.000.000.000.000.000.00
Total debt4.683.531.054.215.075.386.40
Total liabilities33.3631.3026.6629.4329.2621.5820.21
Assets
Gross block17.8220.7820.7319.9019.3715.367.87
Net block11.7615.4716.3316.4416.8313.626.50
Capital work in progress0.000.000.000.000.000.235.06
Investments0.160.720.720.060.060.020.00
Inventories15.6312.9611.1313.4512.7211.1211.31
Sundry debtors4.451.812.651.592.771.481.57
Cash & bank balances4.438.743.167.378.115.751.52
Loans & advances4.160.781.310.281.071.651.99
Total current assets28.6724.2918.2522.6924.6720.0016.39
Total current liabilities19.5013.4214.8013.5715.7215.3710.26
Net working capital9.1710.873.459.128.954.636.13
Total assets33.3631.3026.6629.4329.2621.5820.21
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash2.590.030.021.023.180.911.72
Net cash from operating activities(5.24)(0.83)3.461.112.608.702.56
Net cash from investing activities3.241.640.71(0.22)(8.50)(5.10)(2.55)
Net cash from financing activities0.221.75(4.15)(1.89)3.75(1.33)(0.82)
Net change in cash(1.78)2.560.02(1.00)(2.16)2.27(0.81)
Closing cash4.438.743.167.378.115.751.52
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+6.2%+9.9%-14.7%-17.0%+37.0%+38.7%-
EBITDA growth-94.7%-8.1%-33.8%-48.7%+40.5%+37.3%-
PBT growth+190.8%+22.6%-48.5%-56.5%+30.2%+53.6%-22.8%
Net income growth+213.0%+19.5%-50.0%-55.5%+24.9%+59.2%-
Revenue CAGR (3Y)-0.1%-8.0%-1.0%+16.4%+15.3%+8.8%+9.2%
EBITDA CAGR (3Y)-68.2%-32.2%-21.9%-0.4%+15.0%+12.6%+12.4%
Profitability & leverage
Net income margin+4.2%+1.4%+1.3%+2.2%+4.2%+4.6%+4.0%
Return on capital employed-+5.3%+5.7%+8.6%+20.3%+19.1%+14.3%
Return on net worth-+3.6%+3.1%+6.3%+17.2%+18.5%+13.0%
Debt / equity-0.090.100.190.260.390.48
Long-term debt / equity-0.000.000.000.020.050.08
Interest cover-47.4431.6556.5224.349.199.5917.79
Efficiency & per share
Fixed asset turnover-3.132.913.534.815.245.60
Inventory turnover-5.394.805.297.005.433.95
Debtors turnover-29.1027.8531.7539.2739.9319.26
EPS (₹)5.151.621.412.776.205.823.59
Dividend per share (₹)1.001.001.001.001.001.000.80
Book value per share (₹)0.0046.1045.4745.0343.1733.8928.88

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Related news about Pml

Polymechplast Machines reports consolidated net loss of Rs 0.80 crore in the June 2026 quarter | Capital Market News - Business Standard
Business Standard • 2 months ago
Polymechplast Machines consolidated net profit declines 24.56% in the September 2022 quarter
India Infoline • 1 year ago
Polymechplast Machines to announce Quarterly Result
India Infoline • 1 year ago
Polymechplast Machines Says Sitaram Lokhande Resigns As Chief Executive Officer
Reuters • 1 year ago
Polymechplast Machines Approved MoU For Investment By Subscription Aggregating To 16 Million Rupees
Reuters • 3 years ago
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Frequently Asked Questions about PML

PML was founded in 1978.

PML is headquartered in Vadodara, India. It is registered at Vadodara, Gujarat, India.

Mukesh Bhuva is the CEO of PML, as recorded in our data.

PML has 108 employees.

The primary company behind PML, Polymechplast Machines Limited, reported revenue of ₹73.86 Cr for FY 2026, up 6% year on year.

PML was founded in 1978 and is based in Vadodara, India. Operations focus on the manufacturing and supply of injection and blow moulding machines within the plastics processing sector. Equipment is provided to support industrial production needs, with activities centered in the Indian market. Leadership is held by CEO Mukesh Bhuva, overseeing core functions in machinery development and distribution.

PML offers Protek Series and Alpha Series.

Yes, PML is publicly traded on BSE under the ticker symbol POLYCHMP.

PML operates through Polymechplast Machines Limited.

The legal entities of PML currently have 10 directors, including Asmani Ailush Surve, Manan Joshi, Amit Jayantilal Shah and others.

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