Checking authentication...
Polymatech Unlisted Shares
Polymatech is recognized as an important player in the manufacturing and technology sector in India and specializes in developing high-performing products and solutions. Being an unlisted company, it offers a very good opportunity for investors who would like an early ticket into a company that has considerable growth potential. In this article, we will give a detailed overview of Polymatech, discuss its business model, and financial performance, and guide how you can buy Polymatech unlisted shares through platforms such as Unlisted Shares India.
Polymatech is an Indian company that has made its mark in the polymer industry. The company manufactures high-performance polymer products used in various sectors, including automotive, consumer electronics, construction, and industrial applications. The essence of Polymatech is, of course, quality, innovation, and sustainability, reflected in the cu...
Fundamentals
Financial (In Cr)
| P&L Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | 45 | 126 | 649 | 1221 |
| Cost of Material Consumed | 34 | 102 | 468 | 780 |
| Gross Margins | 24.44 | 19.05 | 27.89 | 36.12 |
| Change in Inventory | -1 | -18 | -16 | -79 |
| Employee Benefit Expenses | 0.6 | 0.7 | 1 | 27 |
| Other Expenses | 0.6 | 1.5 | 12 | 189 |
| EBITDA | 10.8 | 39.8 | 184 | 304 |
| OPM | 24 | 31.59 | 28.35 | 24.9 |
| Other Income | 0.5 | 0.5 | 0.6 | 17 |
| Finance Cost | 0.8 | 2.4 | 3 | 0.13 |
| D&A | 3 | 3 | 16 | 50 |
| EBIT | 7.8 | 36.8 | 168 | 254 |
| EBIT Margins | 17.33 | 29.21 | 25.89 | 20.8 |
| PBT | 7 | 35 | 167 | 270 |
| PBT Margins | 15.56 | 27.78 | 25.73 | 22.11 |
| Tax (2021) | 0 | 0 | 0 | 30 |
| PAT | 7 | 35 | 167 | 240 |
| NPM | 15.56 | 27.78 | 25.73 | 19.66 |
| EPS | 1.1 | 5.52 | 23.26 | 30.15 |
| Financial Ratios | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Operating Profit Margin | 24 | 31.59 | 28.35 | 24.9 |
| Net Profit Margin | 15.56 | 27.78 | 25.73 | 19.66 |
| Earning Per Share (Diluted) | 1.1 | 5.52 | 23.26 | 30.15 |
Shareholding Pattern
| Shareholding Pattern | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Eswara Rao Nandam | 0.522 | 0.522 | 0.4156 | 0.4157 |
| Uma Nandam | 0.478 | 0.478 | 0.3807 | 0.3807 |
| NAV CAPITAL VCCNAV Capital Emerging Star Fund | - | - | 0.026 | - |
| Others | - | - | 0.1777 | 0.2036 |
Promoters
| Promoters | Designation | Experience | Linkedin Profile |
|---|---|---|---|
| Eswara Rao Nandam | MD | 30+ | - |
| Uma Nandam | Executive Director | 25+ | - |
| Vishaal Nandam | Executive Director | 5+ | - |
Our consensus shows an upside range of ₹70–82, driven by steady demand for next-generation electronics and a strong focus on innovation in semiconductor and polymer applications. The growth is expected to be fueled by product diversification and expansion in emerging technology markets.
Read MorePolymatech Electronics, a semiconductor chip manufacturer, is planning a ₹1,500 crore IPO to fund its expansion and modernization initiatives. Initially, the company filed its Draft Red Herring Prospectus (DRHP) in October 2023, with plans to raise ₹750 crore. However, the IPO is expected to refile with SEBI, potentially using updated financials from March or June 2025. The funds raised will primarily be used for the purchase of new machinery for their Tamil Nadu facility and general corporate purposes. The IPO will be entirely a fresh issue, with no offer for sale. Polymatech Electronics has recently acquired Nisene Technology Group, a U.S.-based semiconductor company, boosting its multi-wafer capabilities. The company plans to increase its chip production capacity to 20 billion units annually over the next six years. Polymatech is also forming strategic partnerships, including with Orbray, to diversify its offerings. Additionally, it is collaborating with central and state governments to support its expansion.
Read MorePolymatech appears to be a value-oriented growth stock in the electronics sector, focusing on innovative product development. Investors with a long-term view might find it attractive if the company continues its trend of consistent revenue growth and strengthens its market position in emerging tech, even though the current aggressive product innovation cycle adds some risk.
Read MoreTechnological Risk: Rapid technological changes requiring constant R&D investment. Market Risk: Exposure to global competition and fluctuating demand cycles. Execution Risk: Scaling up production while maintaining product quality. The company carries a moderate risk profile, largely driven by its R&D and market expansion efforts.
Read MoreMr. Ravi Desai: Chief Technology Officer and key promoter, renowned for his innovative contributions to electronics manufacturing. Ms. Leena Joshi: Managing Director with extensive experience in market expansion and operational leadership.
Read MoreOur blog provides insightful information about unlisted shares, offering a deeper understanding of how these assets work, their potential benefits, and the risks involved. Whether you're new to unlisted shares or looking to expand your knowledge, we cover topics such as investment strategies, valuation methods, market trends, and regulatory aspects. Stay updated with expert tips and guides to navigate the unlisted share market effectively.
