About Polycon
Polycon is a publicly listed company based in Jaipur (India) founded in 1991. Plastic containers, PET bottles, and jars are manufactured and exported. The company has 87 employees. Its Indian entity Polycon International Ltd. reported revenue of ₹17.87 Cr. Polycon offers products and services including Water Storage Tanks, CPVC-Industrial Buckets & Vats, and PHD-House Hold Drums. Its focus areas include Food and Agriculture, Food Processing & Packaging Equipment and Diversified.
Company details
Polycon was established in 1991 in Jaipur, India, within the plastics sector. Plastic containers, PET bottles, jars, and similar packaging items are produced, supplied, and exported by the company. Operations center on manufacturing processes tailored for industrial and consumer needs, with distribution extending to both local and global markets from its Indian headquarters.
- Headquarters Jaipur, India
- Employees 87
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website polyconltd.com
- Legal Name Polycon International Ltd.
- Market Cap₹16.59 Cr
POLYCON · BSE
- Share Price₹33.92
0.00% today
- Revenue₹17.63 Cr
FY 2025-26 · -20.1% YoY
- EBITDA₹0.21 Cr
Margin 1.2%
- Net Profit−₹2.87 Cr
FY 2025-26 · -31.7% YoY
- Debt / Equity13.49
Interest cover -172.1x
- Employee Count87
Associated legal entities of Polycon
Polycon is associated with 3 registered companies on The Company Check; the primary company is Polycon International Ltd., a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Polycon International Ltd. Listed CIN L28992RJ1991PLC006265 | Active | 17 Oct 1991 | Jaipur, Rajasthan | ₹17.9 Cr | 90 | 7 | View details |
| Polycon Speciality Containers Private Limited CIN U25209RJ2020PTC071912 | Active | 02 Nov 2020 | Jaipur, Rajasthan | ₹1.8 Cr | 2 | View details | |
| Polycon Ace Healthcare Private Limited CIN U25206RJ2020PTC071628 | Active | 19 Oct 2020 | Jaipur, Rajasthan | 2 | View details |
Products & Services of Polycon
Polycon offers a comprehensive portfolio of products and services, including Water Storage Tanks, CPVC-Industrial Buckets & Vats, and PHD-House Hold Drums.
Products for holding water in various capacities
Containers for industrial storage and use
Drums designed for everyday household storage needs
Board of directors of Polycon International Ltd. (Polycon)
Polycon International Ltd. is the primary company behind Polycon. The boards of the 3 registered companies of Polycon currently have 8 directors; the longest-serving is Rajiv Baid, appointed in 2007. 16 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajiv Baid DIN 00212265 | Managing Director | 01 Oct 2007 | 19 yrs | Polycon International Ltd. |
| Varun Baid DIN 08268396 | Whole-time director | 30 Oct 2018 | 7 yrs 11 mo | Polycon International Ltd., Polycon Ace Healthcare Private Limited, Polycon Speciality Containers Private Limited |
| Anuj Nahata DIN 08925064 | Director | 19 Oct 2020 | 6 yrs | Polycon Ace Healthcare Private Limited |
| Harsh Maheshwari DIN 08944942 | Director | 02 Nov 2020 | 5 yrs 11 mo | Polycon Speciality Containers Private Limited |
| Prashant Singh Vohra DIN 09217439 | Director | 30 Jun 2021 | 5 yrs 3 mo | Polycon International Ltd. |
| Nikhil Bhandari DIN 09398483 | Director | 30 May 2022 | 4 yrs 4 mo | Polycon International Ltd. |
| Vinod Sacheti DIN 03022059 | Director | 30 Oct 2024 | 1 yr 11 mo | Polycon International Ltd. |
| Archana Sharma DIN 10798849 | Director | 30 Oct 2024 | 1 yr 11 mo | Polycon International Ltd. |
IPO & Listings of Polycon
Polycon is a publicly listed company on the BSE with ticker symbol POLYCON 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 date05 Jul 2002
- Listed onBSE: 531397
- Listed entityPOLYCON International Ltd.
- Exchange sectorProducer manufacturing
- ISININE262C01014
- Share price₹29.72 (+2.48% on the day) · 2026-10-14
- Market capitalisation₹14.2 Cr
- EPS (diluted, trailing year)₹-6.32
- Volume (last session)463
Financials of Polycon
Exchange-reported figures of Polycon International Ltd., the listed company behind Polycon (BSE: POLYCON).
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 17.63 | 22.06 | 23.02 | 26.22 | 30.55 | 27.61 | 30.02 |
| Revenue growth | -20.1% | -4.2% | -12.2% | -14.2% | +10.7% | -8.0% | - |
| EBITDA | 0.21 | 1.37 | 3.12 | 3.06 | 3.31 | 3.05 | 0.31 |
| EBITDA margin | +1.2% | +6.2% | +13.6% | +11.7% | +10.8% | +11.1% | +1.0% |
| Profit before tax | (3.08) | 0.23 | 0.04 | 0.15 | (0.08) | (0.31) | (2.83) |
| Net profit | (2.87) | (2.18) | 0.05 | 0.07 | (0.10) | (0.32) | (1.15) |
| Net profit margin | -16.3% | -9.9% | +0.2% | +0.3% | -0.3% | -1.2% | -3.8% |
| EPS (₹) | (5.29) | 0.26 | 0.11 | 0.12 | (0.19) | (0.54) | (5.29) |
| Balance sheet | |||||||
| Total assets | 37.29 | 39.07 | 37.62 | 34.12 | 32.23 | 29.29 | 27.84 |
| Net worth | 1.11 | 3.99 | 3.84 | 3.78 | 3.72 | 3.82 | 4.82 |
| Total debt | 34.85 | 33.94 | 32.77 | 29.34 | 27.42 | 24.51 | 21.94 |
| Cash & bank | 0.16 | 0.10 | 0.21 | 0.27 | 0.17 | 0.14 | 0.36 |
| Net working capital | 25.12 | 26.91 | 25.57 | 22.44 | 20.47 | 17.60 | 15.48 |
| Cash flow | |||||||
| Cash from operations | 2.68 | (0.34) | (0.61) | (0.01) | 2.26 | (0.07) | 0.77 |
| Cash from investing | (1.08) | (1.38) | (1.34) | (1.20) | (1.36) | (0.52) | 0.69 |
| Cash from financing | (1.54) | 1.61 | 1.88 | 1.31 | (0.87) | 0.37 | (1.46) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.77 | 4.25 | 4.57 | 4.84 | 3.86 | 4.36 | 4.88 | 5.43 |
| Revenue growth (YoY) | -28.2% | -2.5% | -6.4% | -10.9% | -34.6% | -25.3% | - | - |
| Other income | 0.09 | 0.11 | 0.23 | 0.01 | 0.00 | 0.00 | 0.04 | 2.31 |
| Total expenses | 2.87 | 3.96 | 4.93 | 4.72 | 4.01 | 3.76 | 4.34 | 5.99 |
| EBITDA | (0.10) | 0.29 | (0.36) | 0.12 | (0.15) | 0.60 | 0.54 | (0.56) |
| EBITDA margin | -3.6% | +6.8% | -7.9% | +2.5% | -3.9% | +13.8% | +11.1% | -10.3% |
| Depreciation | 0.36 | 0.36 | 0.35 | 0.36 | 0.36 | 0.36 | 0.35 | 0.34 |
| Interest | 0.56 | 0.53 | 0.53 | 0.53 | 0.53 | 0.52 | 0.54 | 0.54 |
| Profit before tax | (0.93) | (0.49) | (1.01) | (0.76) | (1.04) | (0.28) | (0.31) | 0.87 |
| Tax | (0.04) | (0.03) | (0.09) | (0.06) | (0.03) | (0.03) | 0.03 | 0.08 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.77 | 4.25 | 4.57 | 4.84 | 3.86 | 4.36 | 4.88 | 5.43 |
| Revenue growth (YoY) | -28.2% | -2.5% | -6.4% | -10.9% | -34.6% | -25.3% | - | - |
| Other income | 0.09 | 0.11 | 0.23 | 0.01 | 0.00 | 0.00 | 0.04 | 2.31 |
| Total expenses | 2.87 | 3.96 | 4.93 | 4.72 | 4.01 | 3.76 | 4.34 | 5.99 |
| EBITDA | (0.10) | 0.29 | (0.36) | 0.12 | (0.15) | 0.60 | 0.54 | (0.56) |
| EBITDA margin | -3.6% | +6.8% | -7.9% | +2.5% | -3.9% | +13.8% | +11.1% | -10.3% |
| Depreciation | 0.36 | 0.36 | 0.35 | 0.36 | 0.36 | 0.36 | 0.35 | 0.34 |
| Interest | 0.56 | 0.53 | 0.53 | 0.53 | 0.53 | 0.52 | 0.54 | 0.54 |
| Profit before tax | (0.93) | (0.49) | (1.01) | (0.76) | (1.04) | (0.28) | (0.31) | 0.87 |
| Tax | (0.04) | (0.03) | (0.09) | (0.06) | (0.03) | (0.03) | 0.03 | 0.08 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 17.63 | 22.06 | 23.02 | 26.22 | 30.55 | 27.61 | 30.02 |
| Revenue growth | -20.1% | -4.2% | -12.2% | -14.2% | +10.7% | -8.0% | - |
| Other income | 0.24 | 2.38 | 0.03 | 0.03 | 0.08 | 0.04 | 0.08 |
| Total expenses | 17.42 | 20.69 | 19.90 | 23.16 | 27.24 | 24.56 | 29.71 |
| Employee cost | 2.02 | 2.32 | 2.20 | 2.34 | 3.05 | 3.24 | 3.35 |
| EBITDA | 0.21 | 1.37 | 3.12 | 3.06 | 3.31 | 3.05 | 0.31 |
| EBITDA margin | +1.2% | +6.2% | +13.6% | +11.7% | +10.8% | +11.1% | +1.0% |
| Depreciation | 1.43 | 1.35 | 1.04 | 1.08 | 1.26 | 1.20 | 1.05 |
| Interest | 2.10 | 2.17 | 2.07 | 1.86 | 2.21 | 2.20 | 2.17 |
| Profit before tax | (3.08) | 0.23 | 0.04 | 0.15 | (0.08) | (0.31) | (2.83) |
| Tax | (0.21) | 0.09 | (0.01) | 0.08 | 0.02 | 0.01 | 0.06 |
| Net profit | (2.87) | (2.18) | 0.05 | 0.07 | (0.10) | (0.32) | (1.15) |
| Net profit margin | -16.3% | -9.9% | +0.2% | +0.3% | -0.3% | -1.2% | -3.8% |
| EPS (₹) | (5.29) | 0.26 | 0.11 | 0.12 | (0.19) | (0.54) | (5.29) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 5.44 | 5.44 | 5.44 | 5.44 | 5.44 | 5.44 | 5.44 |
| Reserves & surplus | (4.33) | (1.45) | (1.60) | (1.66) | (1.72) | (1.62) | (0.62) |
| Shareholders' funds (net worth) | 1.11 | 3.99 | 3.84 | 3.78 | 3.72 | 3.82 | 4.82 |
| Secured loans | 21.03 | 20.58 | 19.37 | 7.49 | 12.51 | 11.51 | 11.16 |
| Unsecured loans | 13.82 | 13.36 | 13.40 | 21.85 | 14.91 | 13.00 | 10.78 |
| Total debt | 34.85 | 33.94 | 32.77 | 29.34 | 27.42 | 24.51 | 21.94 |
| Total liabilities | 37.29 | 39.07 | 37.62 | 34.12 | 32.23 | 29.29 | 27.84 |
| Assets | |||||||
| Gross block | 43.99 | 43.95 | 43.60 | 42.63 | 42.61 | 41.22 | 40.70 |
| Net block | 7.66 | 9.05 | 8.93 | 8.79 | 9.85 | 9.72 | 10.34 |
| Capital work in progress | 2.38 | 1.32 | 1.24 | 1.12 | 0.00 | 0.00 | 0.00 |
| Investments | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.01 |
| Inventories | 21.26 | 21.65 | 19.05 | 15.30 | 13.19 | 9.17 | 7.30 |
| Sundry debtors | 8.05 | 8.38 | 8.73 | 8.72 | 10.90 | 10.75 | 10.45 |
| Cash & bank balances | 0.16 | 0.10 | 0.21 | 0.27 | 0.17 | 0.14 | 0.36 |
| Loans & advances | 0.81 | 0.82 | 1.68 | 1.10 | 0.69 | 0.95 | 0.58 |
| Total current assets | 30.28 | 30.95 | 29.67 | 25.39 | 24.95 | 21.01 | 18.69 |
| Total current liabilities | 5.16 | 4.04 | 4.10 | 2.95 | 4.48 | 3.41 | 3.21 |
| Net working capital | 25.12 | 26.91 | 25.57 | 22.44 | 20.47 | 17.60 | 15.48 |
| Total assets | 37.29 | 39.07 | 37.62 | 34.12 | 32.23 | 29.29 | 27.84 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.08 | 0.19 | 0.26 | 0.16 | 0.12 | 0.35 | 0.35 |
| Net cash from operating activities | 2.68 | (0.34) | (0.61) | (0.01) | 2.26 | (0.07) | 0.77 |
| Net cash from investing activities | (1.08) | (1.38) | (1.34) | (1.20) | (1.36) | (0.52) | 0.69 |
| Net cash from financing activities | (1.54) | 1.61 | 1.88 | 1.31 | (0.87) | 0.37 | (1.46) |
| Net change in cash | 0.06 | (0.11) | (0.07) | 0.10 | 0.03 | (0.22) | 0.00 |
| Closing cash | 0.16 | 0.10 | 0.21 | 0.27 | 0.17 | 0.14 | 0.36 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -20.1% | -4.2% | -12.2% | -14.2% | +10.7% | -8.0% | - |
| EBITDA growth | -84.7% | -56.1% | +2.0% | -7.6% | +8.5% | +883.9% | - |
| PBT growth | - | +475.0% | -73.3% | +9998.0% | +74.2% | +89.1% | - |
| Net income growth | -31.7% | -4460.0% | -28.6% | +170.0% | +68.8% | +72.2% | - |
| Revenue CAGR (3Y) | -12.4% | -10.3% | -5.9% | -4.4% | -6.6% | -8.1% | -8.8% |
| EBITDA CAGR (3Y) | -59.1% | -25.5% | +0.8% | +114.5% | +1.6% | +11.2% | -53.5% |
| Profitability & leverage | |||||||
| Net income margin | -16.3% | +0.6% | +0.2% | +0.3% | -0.3% | -1.2% | -9.6% |
| Return on capital employed | 0.0% | +0.2% | +5.7% | +5.9% | 0.0% | 0.0% | 0.0% |
| Return on net worth | 0.0% | -40.1% | +1.1% | +1.3% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 13.49 | 8.52 | 8.15 | 7.57 | 6.89 | 5.38 | 3.58 |
| Long-term debt / equity | 10.22 | 5.08 | 3.22 | 2.58 | 2.45 | 2.17 | 1.53 |
| Interest cover | -172.13 | 10,850.00 | 99.52 | 93.94 | 107.80 | 118.92 | -293.24 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.40 | 0.50 | 0.53 | 0.62 | 0.73 | 0.67 | 0.74 |
| Inventory turnover | 0.82 | 1.08 | 1.34 | 1.84 | 2.73 | 3.35 | 4.37 |
| Debtors turnover | 2.15 | 2.58 | 2.64 | 2.67 | 2.82 | 2.60 | 2.80 |
| EPS (₹) | (5.29) | 0.26 | 0.11 | 0.12 | (0.19) | (0.54) | (5.29) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 2.03 | 7.32 | 7.06 | 6.95 | 6.83 | 7.01 | 8.85 |
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Frequently Asked Questions about Polycon
Polycon was founded in 1991.
Polycon is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.
Polycon has 87 employees.
The primary company behind Polycon, Polycon International Ltd., reported revenue of ₹17.87 Cr for FY 2026, down 20% year on year.
Polycon was established in 1991 in Jaipur, India, within the plastics sector. Plastic containers, PET bottles, jars, and similar packaging items are produced, supplied, and exported by the company. Operations center on manufacturing processes tailored for industrial and consumer needs, with distribution extending to both local and global markets from its Indian headquarters.
Polycon offers Water Storage Tanks, CPVC-Industrial Buckets & Vats, and PHD-House Hold Drums.
Yes, Polycon is publicly traded on BSE under the ticker symbol POLYCON.
Polycon is associated with 3 legal entities: Polycon International Ltd., Polycon Ace Healthcare Private Limited, Polycon Speciality Containers Private Limited.
The legal entities of Polycon currently have 9 directors, including Vinod Sacheti, Nikhil Bhandari, Prashant Singh Vohra and others.