Polychem Ltd
POLY

Polychem Ltd (POLYCHEM)

₹522.68.86%

Key Stats

₹516.1
Day's Price Range
₹550
₹433
52-Week Price Range
₹935.6
1 Month Return-15.64 %
3 Month Return-15.64 %
1 Year Return16.02 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 7
60.15
EPS
Rank 7
₹9.11
BVPS
Rank 1
₹631.71
Dividend Yield
Rank 10
ROE
Rank 10
1.44%
Price To Book Ratio
Rank 2
0.86
Debt To Asset
Rank 10
0.23

Company Information

Incorporated in 1955 Polychem products include polystyrene styrene monomer industrial alcohol VAM acetic acid PVA etc. It also has a fairly wide range of alcoholic beverages like whisky vodka and brandy. Some of the brands marketed by the company include Royal Secret Alcazar Beehive etc. It came out with a rights issue of zerointerest FCDs in Nov.92 to partfinance the expansion of its alcohol distillery vinyl acetate monomer plant VAM and polyvinyl alcohol PVA plant and to meet working capital needs estimated cost of Rs 32 cr.Polychem signed an agreement with International Distillers and Vintners IDV UK to produce and market the latters brands in India. It also formed a strategic alliance with Dow Chemical Company US to market the latters speciality grade polystyrene in India. Polychem in collaboration with AVX US promoted a new company Gujarat PolyAVX Electronics to manufacture leaded and chip multilayer ceramic capacitors.In 19992000 due to the accumulated losses the company has reffered to the BIFR in terms of its provision of SICA and has appointed IDBI as its operating agency.
OrganisationPolychem Ltd
HeadquartersMumbai
IndustryPetrochemicals