
About Nahar Poly Films Limited
Data last updated:
Nahar Poly Films Limited is a public limited company based in Ludhiana, Punjab, India. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 11 November 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN L17115PB1988PLC008820. Its GSTIN is 23AAACN5708K1ZJ (Madhya Pradesh). The company holds 3 GST registrations, of which 1 is active. It is a listed company as per MCA records. Its shares are listed on BSE: 523391 and NSE: NAHARPOLY.
The company has an authorised share capital of ₹45 Cr and a paid-up capital of ₹12.29 Cr. It was formerly known as Nahar Exports Limited and Nahar Investments and Holding Limited. It is led by directors including Sambhav Oswal (Managing Director) and Satish Kumar Sharma (Whole-Time Director).
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 376 Industrial Area A Ludhiana, Punjab, India – 141003.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹704.2 Cr, a growth of 5.7% compared to the previous year. For the same year it recorded a net profit of ₹77.33 Cr (net margin 11%) and EBITDA of ₹107.13 Cr (EBITDA margin 15.2%). The net worth stands at ₹866.78 Cr (up 8.1% YoY). Total assets are valued at ₹957.9 Cr (up 5.6% YoY).
The company has about 342 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nahar PolyFilms. As per MCA filings, the company has open charges of ₹256.9 Cr and satisfied charges of ₹1,063.94 Cr on record. Court records list 107 cases involving the company, including 66 filed by the company and 41 filed against it; 4 cases are pending. The company has 22 deals on record (12 secondary share transfers, 9 market trades, 1 funding round), with disclosed funding of ₹12.29 Cr; the latest was in July 2024. Its 7 peer companies in the Packaging industry (Films and Foils), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 4 larger and 3 smaller; the largest is Sparsh Industries Private Limited with revenue of ₹1,318.5 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website naharpolyfilms.com.
Company details
Name history
Nahar Poly Films has undergone 2 name changes throughout its history. The company was previously known as Nahar Exports Limited, and Nahar Investments And Holding Limited. The current legal name is Nahar Poly Films Limited.
| Company Name | Status |
|---|---|
| Nahar Poly Films Limited | Current |
| Nahar Exports Limited | Previous |
| Nahar Investments And Holding Limited | Previous |
CIN history
Nahar Poly Films has one previous CIN (Corporate Identification Number): U17115PB1988PLC008820. The current CIN is L17115PB1988PLC008820, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L17115PB1988PLC008820 | Current |
| U17115PB1988PLC008820 | Previous |
Contact details
Nahar Poly Films Limited's registered office is in Ludhiana, Punjab. Its website is naharpolyfilms.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address376 Industrial Area A Ludhiana, Punjab, India – 141003
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of Nahar Poly Films Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Nahar Poly Films operates one associated brand: Nahar PolyFilms. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies BOPP and packaging films to manufacturers worldwide. | naharpolyfilms.com |
Business activity
The main business activity of Nahar Poly Films is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Nahar Poly Films Limited, buy the company report.
Financials of Nahar Poly Films Limited
FY 2025-26 filings availableNahar Poly Films Limited reported revenue of ₹704.2 Cr (up 5.7% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue 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 | 704 | 666 | 600 | 723 | 489 | 303 | 277 |
| Revenue growth | +5.8% | +11.0% | -17.0% | +47.9% | +61.1% | +9.5% | - |
| EBITDA | 107 | 76.17 | 21.32 | 81.68 | 119 | 65.61 | 42.18 |
| EBITDA margin | +15.2% | +11.4% | +3.6% | +11.3% | +24.4% | +21.6% | +15.2% |
| Profit before tax | 90.65 | 51.39 | (12.45) | 41.92 | 114 | 68.20 | 43.56 |
| Net profit | 77.33 | 43.82 | 2.96 | 43.02 | 97.69 | 62.59 | 37.04 |
| Net profit margin | +11.0% | +6.6% | +0.5% | +6.0% | +20.0% | +20.6% | +13.4% |
| EPS (₹) | 31.34 | 18.83 | 2.26 | 17.17 | 38.84 | 24.89 | 14.82 |
| Balance sheet | |||||||
| Total assets | 958 | 907 | 925 | 943 | 1,086 | 584 | 394 |
| Net worth | 867 | 802 | 799 | 779 | 913 | 525 | 391 |
| Total debt | 78.95 | 95.51 | 126 | 163 | 173 | 58.40 | 3.59 |
| Cash & bank | 0.73 | 13.38 | 0.60 | 33.21 | 1.00 | 1.26 | 0.58 |
| Net working capital | 96.05 | 104 | 63.25 | 110 | 106 | 14.78 | 62.19 |
| Cash flow | |||||||
| Cash from operations | 50.28 | 56.65 | 16.69 | 110 | (23.71) | 94.18 | 40.10 |
| Cash from investing | (24.68) | (3.26) | (11.23) | (36.69) | (91.89) | (136) | (39.64) |
| Cash from financing | (38.24) | (40.62) | (38.08) | (40.87) | 115 | 42.22 | (1.13) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 160 | 168 | 167 | 172 | 197 | 157 | 173 | 169 |
| Revenue growth (YoY) | -18.7% | +7.1% | -3.2% | +2.2% | +17.3% | - | - | - |
| Other income | 4.63 | 3.66 | 11.64 | 5.50 | 3.04 | 6.72 | 4.13 | 5.52 |
| EBITDA | 15.16 | 31.21 | 20.38 | 27.77 | 27.77 | 23.48 | 15.10 | 22.71 |
| EBITDA margin | +9.5% | +18.6% | +12.2% | +16.1% | +14.1% | +15.0% | +8.7% | +13.5% |
| Depreciation | 8.11 | 7.99 | 8.17 | 8.19 | 8.12 | 8.09 | 8.20 | 8.18 |
| Interest | 1.61 | 1.73 | 1.87 | 2.01 | 2.24 | 2.38 | 2.45 | 2.62 |
| Profit before tax | 10.07 | 25.15 | 21.98 | 23.07 | 20.45 | 19.73 | 8.58 | 17.43 |
| Tax | 3.85 | 5.33 | 5.68 | 6.82 | 5.56 | 6.68 | 1.99 | 5.68 |
| Net profit | 6.22 | 19.82 | 16.30 | 16.25 | 14.89 | 13.05 | 6.59 | 11.75 |
| EPS (₹) | 4.75 | 8.34 | 7.85 | 8.45 | 7.42 | 5.75 | 3.06 | 7.07 |
| 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 | 704 | 666 | 600 | 723 | 489 | 303 | 277 |
| Revenue growth | +5.8% | +11.0% | -17.0% | +47.9% | +61.1% | +9.5% | - |
| EBITDA | 107 | 76.16 | 21.32 | 81.67 | 119 | 65.61 | 42.18 |
| EBITDA margin | +15.2% | +11.4% | +3.6% | +11.3% | +24.4% | +21.6% | +15.2% |
| Profit before tax | 91.65 | 52.37 | (11.46) | 42.90 | 116 | 68.53 | 44.56 |
| Net profit | 66.78 | 32.81 | (11.21) | 31.75 | 87.66 | 51.41 | 32.67 |
| Net profit margin | +9.5% | +4.9% | -1.9% | +4.4% | +17.9% | +16.9% | +11.8% |
| EPS (₹) | 27.14 | 14.45 | (3.37) | 12.70 | 34.86 | 20.45 | 13.08 |
| Balance sheet | |||||||
| Total assets | 635 | 586 | 611 | 643 | 805 | 340 | 180 |
| Net worth | 543 | 481 | 485 | 480 | 632 | 281 | 176 |
| Total debt | 78.95 | 95.51 | 126 | 163 | 173 | 58.40 | 3.59 |
| Cash & bank | 0.73 | 13.38 | 0.60 | 33.21 | 1.00 | 1.26 | 0.58 |
| Net working capital | 96.05 | 104 | 63.25 | 110 | 106 | 14.78 | 62.19 |
| Cash flow | |||||||
| Cash from operations | 50.28 | 56.65 | 16.69 | 110 | (23.71) | 94.18 | 40.10 |
| Cash from investing | (24.68) | (3.26) | (11.23) | (36.69) | (91.89) | (136) | (39.64) |
| Cash from financing | (38.24) | (40.62) | (38.08) | (40.87) | 115 | 42.22 | (1.13) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 160 | 168 | 167 | 172 | 197 | 157 | 173 | 169 |
| Revenue growth (YoY) | -18.7% | +7.1% | -3.2% | +2.2% | +17.3% | - | - | - |
| Other income | 4.63 | 3.66 | 11.64 | 6.49 | 3.04 | 6.72 | 4.13 | 6.51 |
| Total expenses | 145 | 136 | 147 | 145 | 169 | 133 | 158 | 146 |
| EBITDA | 15.16 | 31.21 | 20.38 | 27.77 | 27.77 | 23.48 | 15.10 | 22.71 |
| EBITDA margin | +9.5% | +18.6% | +12.2% | +16.1% | +14.1% | +15.0% | +8.7% | +13.5% |
| Depreciation | 8.11 | 7.99 | 8.17 | 8.19 | 8.12 | 8.09 | 8.20 | 8.18 |
| Interest | 1.61 | 1.73 | 1.87 | 2.01 | 2.24 | 2.38 | 2.45 | 2.62 |
| Profit before tax | 10.07 | 25.15 | 21.98 | 24.06 | 20.45 | 19.73 | 8.58 | 18.42 |
| Tax | 3.85 | 5.33 | 5.68 | 6.82 | 5.56 | 6.68 | 1.99 | 5.68 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 160 | 168 | 167 | 172 | 197 | 157 | 173 | 169 |
| Revenue growth (YoY) | -18.7% | +7.1% | -3.2% | +2.2% | +17.3% | - | - | - |
| Other income | 4.63 | 3.66 | 11.64 | 5.50 | 3.04 | 6.72 | 4.13 | 5.52 |
| EBITDA | 15.16 | 31.21 | 20.38 | 27.77 | 27.77 | 23.48 | 15.10 | 22.71 |
| EBITDA margin | +9.5% | +18.6% | +12.2% | +16.1% | +14.1% | +15.0% | +8.7% | +13.5% |
| Depreciation | 8.11 | 7.99 | 8.17 | 8.19 | 8.12 | 8.09 | 8.20 | 8.18 |
| Interest | 1.61 | 1.73 | 1.87 | 2.01 | 2.24 | 2.38 | 2.45 | 2.62 |
| Profit before tax | 10.07 | 25.15 | 21.98 | 23.07 | 20.45 | 19.73 | 8.58 | 17.43 |
| Tax | 3.85 | 5.33 | 5.68 | 6.82 | 5.56 | 6.68 | 1.99 | 5.68 |
| Net profit | 6.22 | 19.82 | 16.30 | 16.25 | 14.89 | 13.05 | 6.59 | 11.75 |
| EPS (₹) | 4.75 | 8.34 | 7.85 | 8.45 | 7.42 | 5.75 | 3.06 | 7.07 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 704 | 666 | 600 | 723 | 489 | 303 | 277 |
| Revenue growth | +5.8% | +11.0% | -17.0% | +47.9% | +61.1% | +9.5% | - |
| Other income | 23.84 | 17.94 | 10.70 | 4.86 | 4.41 | 4.80 | 3.86 |
| Total expenses | 597 | 590 | 579 | 642 | 370 | 238 | 235 |
| Employee cost | 32.20 | 28.18 | 24.86 | 20.34 | 15.48 | 10.99 | 8.16 |
| EBITDA | 107 | 76.17 | 21.32 | 81.68 | 119 | 65.61 | 42.18 |
| EBITDA margin | +15.2% | +11.4% | +3.6% | +11.3% | +24.4% | +21.6% | +15.2% |
| Depreciation | 32.47 | 32.50 | 32.43 | 32.24 | 6.44 | 1.87 | 2.20 |
| Interest | 7.85 | 10.22 | 12.04 | 12.38 | 2.94 | 0.34 | 0.28 |
| Profit before tax | 90.65 | 51.39 | (12.45) | 41.92 | 114 | 68.20 | 43.56 |
| Tax | 23.38 | 16.00 | (2.97) | 10.97 | 28.67 | 17.10 | 11.64 |
| Net profit | 77.33 | 43.82 | 2.96 | 43.02 | 97.69 | 62.59 | 37.04 |
| Net profit margin | +11.0% | +6.6% | +0.5% | +6.0% | +20.0% | +20.6% | +13.4% |
| EPS (₹) | 31.34 | 18.83 | 2.26 | 17.17 | 38.84 | 24.89 | 14.82 |
| 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 | 12.58 | 12.58 | 12.58 | 12.58 | 12.58 | 12.58 | 12.58 |
| Reserves & surplus | 854 | 789 | 786 | 767 | 900 | 513 | 378 |
| Shareholders' funds (net worth) | 867 | 802 | 799 | 779 | 913 | 525 | 391 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 78.95 | 95.51 | 126 | 163 | 173 | 58.40 | 3.59 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 78.95 | 95.51 | 126 | 163 | 173 | 58.40 | 3.59 |
| Total liabilities | 958 | 907 | 925 | 943 | 1,086 | 584 | 394 |
| Assets | |||||||
| Gross block | 457 | 454 | 449 | 449 | 440 | 169 | 168 |
| Net block | 180 | 210 | 237 | 269 | 293 | 28.20 | 28.83 |
| Capital work in progress | 22.29 | 0.00 | 0.00 | 0.00 | 1.85 | 172 | 20.78 |
| Investments | 611 | 588 | 623 | 568 | 715 | 366 | 279 |
| Inventories | 70.12 | 50.24 | 44.32 | 49.75 | 62.06 | 20.60 | 19.34 |
| Sundry debtors | 24.05 | 31.71 | 25.07 | 25.62 | 28.36 | 11.30 | 9.31 |
| Cash & bank balances | 0.73 | 13.38 | 0.60 | 33.21 | 1.00 | 1.26 | 0.58 |
| Loans & advances | 30.13 | 36.76 | 17.04 | 26.16 | 40.39 | 51.07 | 43.12 |
| Total current assets | 125 | 132 | 87.03 | 135 | 132 | 84.23 | 72.35 |
| Total current liabilities | 28.98 | 27.89 | 23.78 | 25.13 | 25.93 | 69.45 | 10.16 |
| Net working capital | 96.05 | 104 | 63.25 | 110 | 106 | 14.78 | 62.19 |
| Total assets | 958 | 907 | 925 | 943 | 1,086 | 584 | 394 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 13.38 | 0.60 | 33.21 | 1.00 | 1.26 | 0.58 | 1.24 |
| Net cash from operating activities | 50.28 | 56.65 | 16.69 | 110 | (23.71) | 94.18 | 40.10 |
| Net cash from investing activities | (24.68) | (3.26) | (11.23) | (36.69) | (91.89) | (136) | (39.64) |
| Net cash from financing activities | (38.24) | (40.62) | (38.08) | (40.87) | 115 | 42.22 | (1.13) |
| Net change in cash | (12.64) | 12.78 | (32.61) | 32.21 | (0.26) | 0.68 | (0.66) |
| Closing cash | 0.73 | 13.38 | 0.60 | 33.21 | 1.00 | 1.26 | 0.58 |
| 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 | +5.8% | +11.0% | -17.0% | +47.9% | +61.1% | +9.5% | - |
| EBITDA growth | +40.7% | +257.3% | -73.9% | -31.6% | +81.9% | +55.6% | - |
| PBT growth | +76.4% | +9998.0% | - | -63.3% | +67.7% | +56.6% | +264.8% |
| Net income growth | +76.5% | +1380.4% | -93.1% | -56.0% | +56.1% | +69.0% | - |
| Revenue CAGR (3Y) | -0.9% | +10.9% | +25.5% | +37.7% | +22.5% | +6.4% | +2.9% |
| EBITDA CAGR (3Y) | +9.5% | -13.9% | -31.3% | +24.6% | +106.0% | +47.4% | +10.3% |
| Profitability & leverage | |||||||
| Net income margin | +9.6% | +5.3% | -1.6% | +4.3% | +17.5% | +16.8% | +11.5% |
| Return on capital employed | +10.6% | +6.7% | -0.3% | +5.4% | +14.1% | +14.0% | +10.3% |
| Return on net worth | +8.1% | +4.4% | -1.6% | +3.7% | +11.9% | +11.2% | +7.5% |
| Debt / equity | 0.10 | 0.14 | 0.18 | 0.20 | 0.16 | 0.07 | 0.00 |
| Long-term debt / equity | 0.07 | 0.11 | 0.14 | 0.16 | 0.13 | 0.05 | 0.00 |
| Interest cover | 10.51 | 23.40 | -108.37 | 25.04 | 2.60 | 0.53 | 0.70 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.55 | 1.47 | 1.34 | 1.63 | 1.60 | 1.80 | 1.65 |
| Inventory turnover | 11.70 | 14.09 | 12.75 | 12.94 | 11.83 | 15.20 | 15.22 |
| Debtors turnover | 25.26 | 23.46 | 23.67 | 26.79 | 24.66 | 29.45 | 18.16 |
| EPS (₹) | 31.34 | 18.83 | 2.26 | 17.17 | 38.84 | 24.89 | 14.82 |
| Dividend per share (₹) | 1.50 | 1.00 | 1.50 | 1.50 | 2.50 | 1.50 | 1.00 |
| Book value per share (₹) | 344.57 | 318.70 | 317.58 | 309.82 | 362.87 | 208.77 | 155.24 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 160 | 168 | 167 | 172 | 197 | 157 | 173 | 169 |
| Revenue growth (YoY) | -18.7% | +7.1% | -3.2% | +2.2% | +17.3% | - | - | - |
| Other income | 4.63 | 3.66 | 11.64 | 6.49 | 3.04 | 6.72 | 4.13 | 6.51 |
| Total expenses | 145 | 136 | 147 | 145 | 169 | 133 | 158 | 146 |
| EBITDA | 15.16 | 31.21 | 20.38 | 27.77 | 27.77 | 23.48 | 15.10 | 22.71 |
| EBITDA margin | +9.5% | +18.6% | +12.2% | +16.1% | +14.1% | +15.0% | +8.7% | +13.5% |
| Depreciation | 8.11 | 7.99 | 8.17 | 8.19 | 8.12 | 8.09 | 8.20 | 8.18 |
| Interest | 1.61 | 1.73 | 1.87 | 2.01 | 2.24 | 2.38 | 2.45 | 2.62 |
| Profit before tax | 10.07 | 25.15 | 21.98 | 24.06 | 20.45 | 19.73 | 8.58 | 18.42 |
| Tax | 3.85 | 5.33 | 5.68 | 6.82 | 5.56 | 6.68 | 1.99 | 5.68 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 704 | 666 | 600 | 723 | 489 | 303 | 277 |
| Revenue growth | +5.8% | +11.0% | -17.0% | +47.9% | +61.1% | +9.5% | - |
| Other income | 24.83 | 18.93 | 11.69 | 5.85 | 6.39 | 5.13 | 4.86 |
| Total expenses | 597 | 590 | 579 | 642 | 370 | 238 | 235 |
| Employee cost | 32.20 | 28.18 | 24.86 | 20.34 | 15.48 | 10.99 | 8.16 |
| EBITDA | 107 | 76.16 | 21.32 | 81.67 | 119 | 65.61 | 42.18 |
| EBITDA margin | +15.2% | +11.4% | +3.6% | +11.3% | +24.4% | +21.6% | +15.2% |
| Depreciation | 32.47 | 32.50 | 32.43 | 32.24 | 6.44 | 1.87 | 2.20 |
| Interest | 7.85 | 10.22 | 12.04 | 12.38 | 2.94 | 0.34 | 0.28 |
| Profit before tax | 91.65 | 52.37 | (11.46) | 42.90 | 116 | 68.53 | 44.56 |
| Tax | 23.38 | 16.00 | (2.97) | 10.97 | 28.67 | 17.10 | 11.64 |
| Net profit | 66.78 | 32.81 | (11.21) | 31.75 | 87.66 | 51.41 | 32.67 |
| Net profit margin | +9.5% | +4.9% | -1.9% | +4.4% | +17.9% | +16.9% | +11.8% |
| EPS (₹) | 27.14 | 14.45 | (3.37) | 12.70 | 34.86 | 20.45 | 13.08 |
| 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 | 12.58 | 12.58 | 12.58 | 12.58 | 12.58 | 12.58 | 12.58 |
| Reserves & surplus | 531 | 468 | 473 | 467 | 620 | 269 | 164 |
| Shareholders' funds (net worth) | 543 | 481 | 485 | 480 | 632 | 281 | 176 |
| Secured loans | 78.95 | 95.51 | 126 | 163 | 173 | 58.40 | 3.59 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 78.95 | 95.51 | 126 | 163 | 173 | 58.40 | 3.59 |
| Total liabilities | 635 | 586 | 611 | 643 | 805 | 340 | 180 |
| Assets | |||||||
| Gross block | 457 | 454 | 449 | 449 | 440 | 169 | 168 |
| Net block | 180 | 210 | 237 | 269 | 293 | 28.20 | 28.83 |
| Capital work in progress | 22.29 | 0.00 | 0.00 | 0.00 | 1.85 | 172 | 20.78 |
| Investments | 288 | 267 | 309 | 268 | 434 | 122 | 65.08 |
| Inventories | 70.12 | 50.24 | 44.32 | 49.75 | 62.06 | 20.60 | 19.34 |
| Sundry debtors | 24.05 | 31.71 | 25.07 | 25.62 | 28.36 | 11.30 | 9.31 |
| Cash & bank balances | 0.73 | 13.38 | 0.60 | 33.21 | 1.00 | 1.26 | 0.58 |
| Loans & advances | 30.13 | 36.76 | 17.04 | 26.16 | 40.39 | 51.07 | 43.12 |
| Total current assets | 125 | 132 | 87.03 | 135 | 132 | 84.23 | 72.35 |
| Total current liabilities | 28.98 | 27.89 | 23.78 | 25.13 | 25.93 | 69.45 | 10.16 |
| Net working capital | 96.05 | 104 | 63.25 | 110 | 106 | 14.78 | 62.19 |
| Total assets | 635 | 586 | 611 | 643 | 805 | 340 | 180 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 13.38 | 0.60 | 33.21 | 1.00 | 1.26 | 0.58 | 1.24 |
| Net cash from operating activities | 50.28 | 56.65 | 16.69 | 110 | (23.71) | 94.18 | 40.10 |
| Net cash from investing activities | (24.68) | (3.26) | (11.23) | (36.69) | (91.89) | (136) | (39.64) |
| Net cash from financing activities | (38.24) | (40.62) | (38.08) | (40.87) | 115 | 42.22 | (1.13) |
| Net change in cash | (12.64) | 12.78 | (32.61) | 32.21 | (0.26) | 0.68 | (0.66) |
| Closing cash | 0.73 | 13.38 | 0.60 | 33.21 | 1.00 | 1.26 | 0.58 |
| 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 | +5.8% | +11.0% | -17.0% | +47.9% | +61.1% | +9.5% | - |
| EBITDA growth | +40.7% | +257.2% | -73.9% | -31.6% | +81.9% | +55.6% | - |
| PBT growth | +75.0% | +9998.0% | - | -63.1% | +69.8% | +53.8% | +244.4% |
| Net income growth | +103.5% | +392.7% | -135.3% | -63.8% | +70.5% | +57.4% | - |
| Revenue CAGR (3Y) | -0.9% | +10.9% | +25.5% | +37.7% | +22.5% | +6.4% | +2.9% |
| EBITDA CAGR (3Y) | +9.5% | -13.9% | -31.3% | +24.6% | +106.0% | +47.4% | +10.3% |
| Profitability & leverage | |||||||
| Net income margin | +9.7% | +5.5% | -1.4% | +4.4% | +17.9% | +17.0% | +11.9% |
| Return on capital employed | +16.3% | +10.5% | -0.3% | +7.6% | +20.8% | +26.5% | +23.9% |
| Return on net worth | +13.3% | +7.5% | -2.3% | +5.7% | +19.2% | +22.5% | +17.7% |
| Debt / equity | 0.17 | 0.23 | 0.30 | 0.30 | 0.25 | 0.14 | 0.01 |
| Long-term debt / equity | 0.12 | 0.19 | 0.23 | 0.24 | 0.21 | 0.09 | 0.00 |
| Interest cover | 10.51 | 23.41 | -108.37 | 25.05 | 2.60 | 0.53 | 0.70 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.55 | 1.47 | 1.34 | 1.63 | 1.60 | 1.80 | 1.65 |
| Inventory turnover | 11.70 | 14.09 | 12.75 | 12.94 | 11.83 | 15.20 | 15.22 |
| Debtors turnover | 25.26 | 23.46 | 23.67 | 26.79 | 24.66 | 29.45 | 18.16 |
| EPS (₹) | 27.14 | 14.45 | (3.37) | 12.70 | 34.86 | 20.45 | 13.08 |
| Dividend per share (₹) | 1.50 | 1.00 | 1.50 | 1.50 | 2.50 | 1.50 | 1.00 |
| Book value per share (₹) | 216.04 | 191.08 | 192.87 | 190.80 | 251.31 | 111.84 | 70.12 |
To see the full year-wise statements and ratios of Nahar Poly Films Limited, buy the company report.
Board of directors of Nahar Poly Films Limited
Nahar Poly Films has 12 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sambhav Oswal Also directs: Sankheshwar Holding Company Limited | Managing Director | 26 Jun 2020 | 6 Years 4 Months | Current |
| Dinesh Oswal Also directs: Nahar Spinning Mills Ltd, Nahar Capital and Financial Services Limited, Nahar Industrial Enterprises Limited and 5 more | Director | 11 Nov 1988 | 37 Years 11 Months | Current |
| Roshan Lal Behl Also directs: Nahar Spinning Mills Ltd, Nahar Capital and Financial Services Limited, Nahar Industrial Enterprises Limited and 4 more | Director | 24 Aug 2022 | 4 Years 2 Months | Current |
| Rajan Dhir Also directs: Nahar Capital and Financial Services Limited | Director | 24 Aug 2022 | 4 Years 2 Months | Current |
| Prem Lata Singla Also directs: Nahar Industrial Enterprises Limited, Monte Carlo Fashions Limited | Director | 24 Aug 2022 | 4 Years 2 Months | Current |
| Dinesh Gogna Also directs: Nahar Spinning Mills Ltd, Nahar Capital and Financial Services Limited, Nahar Industrial Enterprises Limited and 5 more | Director | 15 Nov 1989 | 36 Years 11 Months | Current |
Peer comparison
Nahar Poly Films Limited is compared with the 7 companies closest to it by revenue in the Packaging industry (Films and Foils), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sparsh Industries Private Limited | ₹1,318.5 Cr (FY 2025) | 7.0% | Delhi, India | |||
| Ester Industries Limited | ₹1,299.04 Cr (FY 2025) | 19.0% | Uttarakhand, India | |||
| Ultimate Flexipack Limited | ₹870.83 Cr (FY 2025) | 9.0% | New Delhi, Delhi, India | |||
| Caprihans India Limited | ₹767.56 Cr (FY 2025) | 6.0% | Khed, Maharashtra, India | |||
| Nahar Poly Films Limitedthis company | ₹704.2 Cr (FY 2026) | ₹77.33 Cr | 11% | 5.7% | 342 | Ludhiana, Punjab, India |
| Kris Flexipacks Private Limited | ₹621.52 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Xpro India Limited | ₹554.19 Cr (FY 2025) | 16.0% | West Bengal, India | |||
| Surya Global Flexifilms Private Limited | ₹499.26 Cr (FY 2025) | 47.0% | Delhi, India |
To see the full peer comparison of Nahar Poly Films Limited, buy the company report.
Auditor
Nahar Poly Films Limited is audited by YAPL & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YAPL & Co. | FY 2024 | 017800N |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 72.50%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 27.50%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 72.50% | 72.50% | 72.30% | 72.30% |
| Public | 27.50% | 27.50% | 27.70% | 27.70% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Sep 2021 | 100488562 | Others | ₹66.9 Cr | Open | |
| 19 Dec 2019 | 100312243 | Others | ₹80 Cr | Open | |
| 26 Nov 2019 | 100309316 | Others | ₹110 Cr | Open | |
| 15 Jul 2015 | 10582552 | Punjab National Bank | ₹19.12 Cr | Satisfied | |
| 26 Jul 2010 | 10234213 | Others | ₹58 Cr | Satisfied |
To see the full charge records of Nahar Poly Films Limited, buy the company report.
Total charge records: 25 View all charges
Deals & funding
Nahar Poly Films Limited has 22 deals on record (12 secondary share transfers, 9 market trades, 1 funding round), with disclosed funding of ₹12.29 Cr; the latest was in July 2024.
Deals on record (5 of 22)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2024 | Market trade | ₹5.62 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: Nahar Spinning Mills Ltd , Others Nahar Poly Films Limited Seller: C D Integrated Services Limited |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: C D Integrated Services Limited Seller: Others Nahar Poly Films Limited |
| Apr 2017 | Market trade | ₹94.2 Lakh | Buyer: Jagat Foods Pvt Ltd , an individual Seller: Jagat Foods Pvt Ltd |
| Sep 2016 | Market trade | ₹95.1 Lakh | Buyer: Neon Vinimay Private Limited Seller: Neon Vinimay Private Limited |
To see the full deal history of Nahar Poly Films Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nahar Poly Films Limited has 107 court cases on record: 66 filed by Nahar Poly Films, 41 filed against it. 4 cases are pending and 103 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 54 | 5 | 3 |
| High courts | 40 | 23 | 1 |
| Supreme Court | 13 | 13 | 0 |
Cases on record (5 of 107)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Interim or miscellaneous application | Filed by the company against Daulatram Engineering Services Ltd. | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S Plenum Impex Private Limited | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S Malpani Polymers Pvt. Ltd. | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S Alpine Tape Private Limited | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against Ms Maxpack Tapes and Products Pvt Ltd | Disposed |
To see the full case history of Nahar Poly Films Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Nahar Poly Films Limited was last rated by Care on 07 Apr 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 07 Apr 2026 |
To see the full credit ratings and regulatory alerts of Nahar Poly Films Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nahar Poly Films Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Nahar Poly Films has 1 associated company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
Employees & EPFO
Nahar Poly Films Limited has a workforce of 342 employees on its EPFO records as of May 31, 2025, across 2 active EPFO establishments.
GST
Nahar Poly Films has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAACN5708K1ZJ | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nahar Poly Films Limited, buy the company report.
Recent activity
Nahar Poly Films Limited has 36 board changes on record since 1988: 24 appointments and 12 cessations. The latest: Pankaj Goel was appointed as Director on 12 Aug 2024.
87 earlier events are in the company report.
Frequently asked questions
Nahar Poly Films is an active public limited company based in Ludhiana, Punjab, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 11 November 1988 (38+ years old) and is registered under CIN L17115PB1988PLC008820. Listed on BSE: 523391 and NSE: NAHARPOLY.
Nahar Poly Films reported revenue of ₹704.2 Cr for FY 2025-26 (up 5.7% YoY) based on consolidated financials.
Nahar Poly Films has 12 current directors:
- Sambhav Oswal - Managing Director
- Satish Kumar Sharma - Whole-Time Director
- Dinesh Oswal - Director
- Roshan Lal Behl - Director
- Rajan Dhir - Director
- Prem Lata Singla - Director
- Dinesh Gogna - Director
- Manisha Gupta - Director
- Jawahar Lal Oswal - Director
- Kamal Oswal - Director
- Anchal Kumar Jain - Director
- Pankaj Goel - Director
The latest financial statements of Nahar Poly Films on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nahar Poly Films is 23AAACN5708K1ZJ, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Nahar Poly Films is L17115PB1988PLC008820. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Nahar Poly Films is a listed company as per MCA records. Its shares are listed on both BSE (code: 523391) and NSE (symbol: NAHARPOLY).
Nahar Poly Films has 107 court cases on record: 66 filed by the company and 41 filed against it. 4 are pending. Most are in the district courts.
Nahar Poly Films was incorporated on 11 November 1988, making it 38+ years old. It is registered with the Registrar of Companies, Chandigarh.
Nahar Poly Films has 22 deals on record (12 secondary share transfers, 9 market trades, 1 funding round), with disclosed funding of ₹12.29 Cr; the latest was in July 2024.
The peers of Nahar Poly Films by revenue are Sparsh Industries Private Limited, Ester Industries Limited, Ultimate Flexipack Limited, Caprihans India Limited, Kris Flexipacks Private Limited and 2 more, all in the Packaging industry (Films and Foils), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).

