Dutron Polymers Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN L25209GJ1981PLC004786 Incorporated 17 November 1981 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - BSE: 517437 Public Limited Company manufacturing
Data last updated
Market Cap
₹63.00 Cr
DUTRON · BSE
Share Price
₹109.00
+3.81% today
Revenue
₹91.91 Cr
FY 2025-26 · -11.7% YoY
EBITDA
₹4.33 Cr
Margin 4.7%
Net Profit
₹2.70 Cr
FY 2025-26 · +1.1% YoY
P/E (TTM)
23.7x
P/B 2.0x
ROE
9.0%
ROCE 11.3%
Debt / Equity
0.14
Interest cover 14.4x

About Dutron Polymers Limited

Data last updated:

Dutron Polymers Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 17 November 1981 and has been in existence for over 45 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L25209GJ1981PLC004786. Its GSTIN is 24AABCD1496R1Z7 (Gujarat). Its shares are listed on BSE: 517437.

The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹6 Cr. It was formerly known as Dutron Polymers Private Limited. It is led by directors including Rasesh Hasmukhlal Patel (Managing Director) and Sudipbhai Bipinchandra Patel.

Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Dutron Housenr Mithakhali Underbridge Navrangpura, Ahmedabad, Gujarat, India – 380009.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹91.91 Cr, a decline of 11.7% compared to the previous year. For the same year it recorded a net profit of ₹2.7 Cr (net margin 2.9%) and EBITDA of ₹4.33 Cr (EBITDA margin 4.7%). The net worth stands at ₹30.95 Cr (up 6.2% YoY). Total assets are valued at ₹35.86 Cr (up 2% YoY).

The company has about 100 employees on its provident fund (EPFO) records.

As per MCA filings, the company has satisfied charges of ₹3 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 1 case is pending. The company has 4 deals on record (4 market trades); the latest was in March 2013. Its 10 peer companies in the Manufacturing industry (Pipes, Polymers) are compared by revenue, 5 larger and 5 smaller; the largest is Winfra Realtors Private Limited with revenue of ₹12,000.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dutronindia.com.

Company Details of Dutron Polymers Limited
CIN L25209GJ1981PLC004786
Registration Number 004786
Incorporation Date 17 November 1981
ROC Ahmedabad
Listing Status Listed (BSE: 517437)
Company Status Active
Date of Last AGM 23 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Dutron Housenr Mithakhali Underbridge Navrangpura, Ahmedabad, Gujarat, India – 380009
  • Industry
    Manufacturing, Pipe & Tubes
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Financials, compliance, directors, charges, ownership and filings for Dutron Polymers Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Dutron Polymers Limited

The main business activity of Dutron Polymers is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal productsLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Dutron Polymers Limited FY 2025-26 filings available

Dutron Polymers Limited reported revenue of ₹91.91 Cr (down 11.7% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹91.91 Cr
-11.7% YoY
EBITDA
₹4.33 Cr
-7.7% YoY
Profit After Tax
₹2.70 Cr
+1.1% YoY
Net Worth
₹30.95 Cr
+6.2% YoY
Total Assets
₹35.86 Cr
+2.0% YoY
Total Debt
₹3.59 Cr
-23.8% 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
Revenue91.9110411913212594.3889.18
Revenue growth-11.7%-12.8%-9.6%+5.9%+32.0%+5.8%-
EBITDA4.334.695.035.875.485.134.68
EBITDA margin+4.7%+4.5%+4.2%+4.5%+4.4%+5.4%+5.3%
Profit before tax3.513.553.573.583.643.002.65
Net profit2.702.672.442.582.872.291.73
Net profit margin+2.9%+2.6%+2.1%+2.0%+2.3%+2.4%+1.9%
EPS (₹)4.504.544.084.304.833.803.28
Balance sheet
Total assets35.8635.1633.8435.8237.1535.0435.75
Net worth30.9529.1526.4324.8823.0420.9819.24
Total debt3.594.716.259.6413.3613.2514.51
Cash & bank5.228.064.651.721.483.000.47
Net working capital27.4026.4725.2423.1826.0424.1823.66
Cash flow
Cash from operations(1.00)5.344.957.941.506.263.36
Cash from investing(0.17)(0.66)(0.27)(0.50)(0.55)(0.73)(1.18)
Cash from financing(2.46)(2.12)(5.73)(7.19)(2.47)(2.99)(2.06)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue27.3423.0222.5019.4426.9423.6427.0919.54
Revenue growth (YoY)+1.5%-2.6%-16.9%-0.5%-20.2%---
Other income0.140.170.140.150.140.250.110.09
Total expenses26.2522.1321.1518.7025.6023.1026.0918.73
EBITDA1.090.891.350.741.340.541.000.81
EBITDA margin+4.0%+3.9%+6.0%+3.8%+5.0%+2.3%+3.7%+4.1%
Depreciation0.230.230.230.240.230.270.290.30
Interest0.110.120.110.110.140.130.120.16
Profit before tax0.890.711.150.541.110.390.700.44
Tax0.200.210.150.200.240.030.180.11

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 15 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue27.3423.0222.5019.4426.9423.6427.0919.54
Revenue growth (YoY)+1.5%-2.6%-16.9%-0.5%-20.2%---
Other income0.140.170.140.150.140.250.110.09
Total expenses26.2522.1321.1518.7025.6023.1026.0918.73
EBITDA1.090.891.350.741.340.541.000.81
EBITDA margin+4.0%+3.9%+6.0%+3.8%+5.0%+2.3%+3.7%+4.1%
Depreciation0.230.230.230.240.230.270.290.30
Interest0.110.120.110.110.140.130.120.16
Profit before tax0.890.711.150.541.110.390.700.44
Tax0.200.210.150.200.240.030.180.11
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue91.9110411913212594.3889.18
Revenue growth-11.7%-12.8%-9.6%+5.9%+32.0%+5.8%-
Other income0.600.590.520.140.400.440.62
Total expenses87.5899.3411412611989.2584.50
Employee cost7.897.677.656.636.126.006.19
EBITDA4.334.695.035.875.485.134.68
EBITDA margin+4.7%+4.5%+4.2%+4.5%+4.4%+5.4%+5.3%
Depreciation0.931.141.111.171.181.121.14
Interest0.490.590.871.261.061.451.51
Profit before tax3.513.553.573.583.643.002.65
Tax0.800.821.131.000.740.710.66
Net profit2.702.672.442.582.872.291.73
Net profit margin+2.9%+2.6%+2.1%+2.0%+2.3%+2.4%+1.9%
EPS (₹)4.504.544.084.304.833.803.28
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital6.006.006.006.006.006.006.00
Reserves & surplus24.9523.1520.4318.8817.0414.9813.24
Shareholders' funds (net worth)30.9529.1526.4324.8823.0420.9819.24
Secured loans0.570.000.000.000.000.000.74
Unsecured loans3.024.716.259.6413.3613.2513.77
Total debt3.594.716.259.6413.3613.2514.51
Total liabilities35.8635.1633.8435.8237.1535.0435.75
Assets
Gross block23.4022.9422.3421.8221.148.6619.96
Net block6.676.997.107.698.178.668.97
Capital work in progress0.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.002.49
Inventories18.3711.4210.4913.2111.2312.6414.39
Sundry debtors8.4411.5311.9211.2618.3311.7210.22
Cash & bank balances5.228.064.651.721.483.000.47
Loans & advances1.040.670.200.86(0.18)0.081.13
Total current assets33.0731.6827.2627.0530.8627.4426.21
Total current liabilities5.675.212.023.874.823.262.55
Net working capital27.4026.4725.2423.1826.0424.1823.66
Total assets35.8635.1633.8435.8237.1535.0435.75
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash3.230.661.721.483.000.470.34
Net cash from operating activities(1.00)5.344.957.941.506.263.36
Net cash from investing activities(0.17)(0.66)(0.27)(0.50)(0.55)(0.73)(1.18)
Net cash from financing activities(2.46)(2.12)(5.73)(7.19)(2.47)(2.99)(2.06)
Net change in cash(3.63)2.56(1.06)0.25(1.53)2.540.12
Closing cash5.228.064.651.721.483.000.47
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-11.7%-12.8%-9.6%+5.9%+32.0%+5.8%-
EBITDA growth-7.7%-6.8%-14.3%+7.1%+6.8%+9.6%-
PBT growth-1.1%-0.6%-0.3%-1.7%+21.3%+13.2%-6.0%
Net income growth+1.1%+9.4%-5.4%-10.1%+25.3%+32.4%-
Revenue CAGR (3Y)-11.4%-5.8%+8.1%+13.9%+5.4%-0.9%-0.7%
EBITDA CAGR (3Y)-9.7%-5.1%-0.7%+7.8%+3.8%-0.8%-5.5%
Profitability & leverage
Net income margin+3.0%+2.6%+2.1%+2.0%+2.3%+2.4%+2.2%
Return on capital employed+11.3%+12.0%+12.9%+13.3%+13.1%+12.6%+10.6%
Return on net worth+9.0%+9.9%+9.6%+10.9%+13.3%+11.5%+9.6%
Debt / equity0.140.200.310.480.610.700.87
Long-term debt / equity0.130.160.200.280.320.360.46
Interest cover14.4116.6222.1926.8124.6536.1642.66
Efficiency & per share
Fixed asset turnover4.004.635.456.208.476.684.34
Inventory turnover6.179.5010.0610.7910.446.986.68
Debtors turnover9.208.8710.298.928.298.607.52
EPS (₹)4.504.544.084.304.833.803.28
Dividend per share (₹)1.501.501.501.401.401.201.20
Book value per share (₹)51.2848.2743.7341.1538.0834.6531.75
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Peer Comparison of Dutron Polymers Limited

Dutron Polymers Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Pipes, Polymers). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Dutron Polymers Limited this company₹91.91 Cr (FY 2026)••••••••-11.7%••••Ahmedabad, Gujarat, India
Winfra Realtors Private Limited₹12,000 (FY 2024)••••••••-97.0%••••Mohali, Punjab, India
R.S.N. Polymers Private Limited₹11,660 (FY 2018)••••••••••••New Delhi, Delhi, India
Resham Polymers Limited₹11,650 (FY 2025)••••••••60.0%••••New Delhi, Delhi, India
Plastionyx Polymers Private Limited₹11,619 (FY 2025)••••••••-97.0%••••New Delhi, Delhi, India
Aqua Flow Polymers Private Limited₹10,600 (FY 2025)••••••••-5.0%••••Diamond Harbour, West Bengal, India
Angel PVC Pipes Private Limited₹10,220 (FY 2025)••••••••-19.0%••••Supaul, Bihar, India
Rajwara Irrigation and Pipes Private Limited₹10,150 (FY 2023)••••••••4.0%••••Kolkata, West Bengal, India
GP Polymers Private Limited₹10,000 (FY 2020)••••••••••••Palghar, Maharashtra, India
Butternuts Tie Up Private Limited₹10,000 (FY 2025)••••••••11.0%••••Kolkata, West Bengal, India
Akshara Polymers Private Limited₹9,850 (FY 2025)••••••••-5.0%••••Ranchi, Jharkhand, India

Peers are the five companies nearest above and the five nearest below Dutron Polymers by revenue in the Manufacturing industry (Pipes, Polymers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Dutron Polymers Limited

Dutron Polymers Limited is audited by MANTHAN M SHAH & ASSOCIATES for the financial year 2023.

NameStatusAppointment DateCessation Date
MANTHAN M SHAH & ASSOCIATESLockedLockedLocked
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Complete auditor history

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Board of Directors of Dutron Polymers Limited

Dutron Polymers has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sudipbhai Bipinchandra PatelDirector01 Feb 199234 Years 8 MonthsCurrent
Alpesh Bipinchandra PatelDirector01 Dec 199332 Years 10 MonthsCurrent
Rajendrabhai Dayaljibhai DesaiDirector10 Aug 20188 Years 2 MonthsCurrent
Rasesh Hasmukhlal PatelManaging Director01 Apr 199333 Years 6 MonthsCurrent
Yogenbhai Bhalabhai PatelDirector09 Sep 20242 Years 1 MonthsCurrent
Parul Pareshbhai ParikhDirector09 Sep 20242 Years 1 MonthsCurrent

Shareholding Pattern of Dutron Polymers Limited

Shareholding for the quarter ended Mar 2026: promoters hold 74.90%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 25.10%.

Promoters: 74.90%Retail & Others: 25.10%
Mar 2026
QUARTER
74.90% Promoters
25.10% Retail & Others
Promoter holding - history
Now 74.90% · Mar 2026High 74.90% · Jun 2025Low 74.90% · Jun 2025
73%73.8%74.5%75.3%76%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 74.90%Sep 2025: 74.90%Dec 2025: 74.90%Mar 2026: 74.90%74.90%74.90%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters74.90%74.90%74.90%74.90%
Public25.10%25.10%25.10%25.10%

Charges & Borrowings of Dutron Polymers Limited

Open charges
None
Satisfied charges
₹3 Cr
Breakdown by lending institutions
Corporation Bank₹3.00 Cr
Latest charge details
DateLenderAmountStatus
18 Nov 2004Corporation Bank₹3 CrSatisfied

Total charge records: 1 View all charges

Deals & Funding of Dutron Polymers Limited

Dutron Polymers Limited has 4 deals on record (4 market trades); the latest was in March 2013.

Total deals
4
Market trades
4

Deals on record (3 of 4)

WhenDealAmountParties
Mar 2013Market trade₹18.3 LakhBuyer: an individual
Seller: an individual
Dec 2007Market trade₹9.3 LakhSeller: an individual
Dec 2006Market trade₹8.1 LakhBuyer: an individual
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All 4 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Employees and EPFO Compliance at Dutron Polymers Limited

Dutron Polymers Limited has a workforce of 100 employees as of Apr 04, 2024.

Employee count
100
Active EPFO establishments
1
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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CIN History of Dutron Polymers Limited

Dutron Polymers has one previous CIN (Corporate Identification Number): U25209GJ1981PLC004786. The current CIN is L25209GJ1981PLC004786, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L25209GJ1981PLC004786Current
U25209GJ1981PLC004786Previous

Recent Activity on Dutron Polymers Limited

Dutron Polymers Limited has 18 board changes on record since 1992: 12 appointments and 6 cessations. The latest: Kapilaben Hasmukhlal Patel ceased to be Director on 10 Sep 2024.

AGM
Dutron Polymers Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Filing
Dutron Polymers Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Kapilaben Hasmukhlal Patel ceased to be Director.
Ceased
Mitesh Chandulal Shah ceased to be Director.
Appointed
Parul Pareshbhai Parikh was appointed as Director.
Appointed
Yogenbhai Bhalabhai Patel was appointed as Director.
Ceased
Praful Gokuldas Shah ceased to be Director.
Appointed
Rajendrabhai Dayaljibhai Desai was appointed as Director.
Charges
A charge registered on 18 Nov 2004 via Charge ID 80061803 with Corporation Bank was fully satisfied on 05 Jan 2018.
Appointed
Kapilaben Hasmukhlal Patel was appointed as Director.
Appointed
Mitesh Chandulal Shah was appointed as Director.
Ceased
Chandulal Talakchand Shah ceased to be Director.

12 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Dutron Polymers Limited

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MSME Payment Delays by Dutron Polymers Limited

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Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Dutron Polymers Limited

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GST Compliance of Dutron Polymers Limited

Dutron Polymers has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AABCD1496R1Z7GujaratActive01 Jul 2017
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State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Dutron Polymers Limited

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Frequently Asked Questions about Dutron Polymers Limited

Dutron Polymers is an active public limited company based in Ahmedabad, Gujarat, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 17 November 1981 (45+ years old) and is registered under CIN L25209GJ1981PLC004786. Listed on BSE: 517437.

Dutron Polymers reported revenue of ₹91.91 Cr for FY 2025-26 (down 11.7% YoY) based on standalone financials.

Dutron Polymers has 6 current directors:

The GSTIN of Dutron Polymers is 24AABCD1496R1Z7, registered in Gujarat.

The CIN (Corporate Identification Number) of Dutron Polymers is L25209GJ1981PLC004786. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Dutron Polymers is listed on BSE with code 517437.

Dutron Polymers has 4 court cases on record: 4 filed against it. 1 is pending. Most are in the high courts.

Dutron Polymers was incorporated on 17 November 1981, making it 45+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Dutron Polymers has 4 deals on record (4 market trades); the latest was in March 2013.

The peers of Dutron Polymers by revenue are Winfra Realtors Private Limited, R.S.N. Polymers Private Limited, Resham Polymers Limited, Plastionyx Polymers Private Limited, Aqua Flow Polymers Private Limited and 5 more, all in the Manufacturing industry (Pipes, Polymers).

Kapilaben Hasmukhlal Patel ceased to be Director on 10 Sep 2024. Mitesh Chandulal Shah ceased to be Director on 10 Sep 2024. Parul Pareshbhai Parikh was appointed as Director on 09 Sep 2024. Dutron Polymers has 18 board changes on record in total.

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