Polyplex Corp, the leading producer of polyester film and packaging goods, serves clients in more than 80 different nations. You may be an investor who is curious about this company’s prospects and if it would be wise to purchase its stock.
The share price objective for Polyplex Corp. is an important consideration because it might give important information about the company’s future earnings and growth prospects.
Recent financial success is another crucial factor to take into account. For example, the company’s net sales in December 2022 significantly increased from the same time the previous year.
This article will examine whether Polyplex Corp. is a wise investment by closely examining its share price objective from 2023 to 2030.
You can buy Polyplex Corp shares from the following trading platforms:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| December 2023 | ₹1,110.24 | ₹965.43 |
Polyplex Corp’s stock is anticipated to range between ₹965.43 and ₹1,110.24 by December 2023, with a current market price of ₹1,028 as of December 11, 2023.
The company boasts a market capitalization of ₹3,227 crore and a stock price-to-earnings (P/E) ratio of 45.4, suggesting a positive outlook for investors as it aims to achieve robust growth in the coming year.
| When | Maximum Price | Minimum Price |
| January 2024 | ₹1,132.90 | ₹985.13 |
| February 2024 | ₹1,156.02 | ₹1,005.23 |
| March 2024 | ₹1,179.61 | ₹1,025.75 |
| April 2024 | ₹1,145.25 | ₹995.87 |
| May 2024 | ₹1,128.33 | ₹981.15 |
| June 2024 | ₹1,168.95 | ₹1,016.48 |
| July 2024 | ₹1,157.26 | ₹1,006.31 |
| August 2024 | ₹1,203.55 | ₹1,046.56 |
| September 2024 | ₹1,251.69 | ₹1,088.43 |
| October 2024 | ₹1,227.15 | ₹1,067.08 |
| November 2024 | ₹1,263.96 | ₹1,099.10 |
| December 2024 | ₹1,295.56 | ₹1,126.57 |
Polyplex Corp’s share price targets for 2024 showcase a positive trajectory, with an estimated range between ₹985.13 and ₹1,295.56. The company anticipates growth throughout the year, reaching a maximum of ₹1,295.56 in December 2024.
| When | Maximum Price | Minimum Price |
| January 2025 | ₹1,321.47 | ₹1,016.52 |
| February 2025 | ₹1,355.36 | ₹1,042.58 |
| March 2025 | ₹1,408.22 | ₹1,083.24 |
| April 2025 | ₹1,380.60 | ₹1,062.00 |
| May 2025 | ₹1,340.39 | ₹1,031.07 |
| June 2025 | ₹1,400.71 | ₹1,077.47 |
| July 2025 | ₹1,373.24 | ₹1,056.34 |
| August 2025 | ₹1,415.72 | ₹1,089.01 |
| September 2025 | ₹1,465.27 | ₹1,127.13 |
| October 2025 | ₹1,503.36 | ₹1,156.43 |
| November 2025 | ₹1,540.95 | ₹1,185.34 |
| December 2025 | ₹1,579.47 | ₹1,214.98 |
In 2025, Polyplex Corp envisions a robust performance, with share prices projected to range between ₹1,016.52 and ₹1,579.47 throughout the year. The company anticipates steady growth, reaching a maximum of ₹1,579.47 in December 2025. This optimistic outlook suggests sustained momentum and potential opportunities for investors, reflecting Polyplex Corp’s commitment to value creation and resilience in the market.
| Year | Maximum Price | Minimum Price |
| 2026 | ₹1,658.44 | ₹1,160.91 |
| 2027 | ₹1,824.29 | ₹1,277.00 |
| 2028 | ₹2,554.00 | ₹1,277.00 |
| 2029 | ₹2,211.26 | ₹1,105.63 |
| 2030 | ₹2,874.64 | ₹2,012.25 |
Polyplex Corp’s long-term share price projections from 2026 to 2030 demonstrate a positive trajectory, with estimates ranging from ₹1,160.91 to ₹2,874.64. The company anticipates consistent growth, reaching a maximum of ₹2,874.64 in 2030. These forecasts suggest a promising outlook for investors, reflecting Polyplex Corp’s strategic positioning and potential for substantial returns over the specified period. Investors may find opportunities for sustained value appreciation in the coming years.
Financial Condition of Polyplex Corp: Last 5 years
| Financials | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Sales | 4,570 | 4,487 | 4,918 | 6,624 | 7,652 |
| Expenses | 3,838 | 3,706 | 3,701 | 5,316 | 6,705 |
| Operating Profit | 732 | 781 | 1,217 | 1,308 | 947 |
| OPM % | 16% | 17% | 25% | 20% | 12% |
| Other Income | 163 | 131 | 59 | 128 | 95 |
| Interest | 29 | 18 | 18 | 16 | 35 |
| Depreciation | 209 | 253 | 280 | 273 | 296 |
| Profit before tax | 657 | 640 | 979 | 1,147 | 711 |
| Tax % | 11% | 23% | 12% | 16% | 13% |
| Net Profit | 584 | 494 | 862 | 965 | 616 |
| EPS (Rs) | 103.18 | 88.18 | 163.04 | 181.19 | 110.97 |
| Dividend Payout % | 50% | 20% | 102% | 58% | 79% |
PolyCorp experienced consistent growth in sales from 2019 to 2023, reaching 7,652 in the final year. Operating profits ranged from 732 to 1,308, with an average operating profit margin (OPM %) of 16% to 25%. Net profit fluctuated between 494 and 965, resulting in respectable earnings per share (EPS) figures ranging from 88.18 to 181.19. The dividend payout percentage varied from 20% to 102%, reflecting the company’s commitment to rewarding shareholders. Overall, PolyCorp demonstrated resilience and potential for future growth.
What do I like the most about Polyplex Corporation?
Polyplex Corporation stands as an attractive investment choice for discerning investors due to its commendable financial practices and shareholder-friendly initiatives. Here’s why the company stands out:
- Debt Reduction: Polyplex Corporation’s proactive debt reduction strategy signifies responsible financial management, reducing financial risk, and enhancing the company’s overall stability.
- Attractive Valuation: The stock’s trading value at 0.93 times its book value suggests that Polyplex Corporation may be undervalued. This can be a favorable aspect for investors looking for stocks with growth potential and reasonable market pricing.
- Healthy Dividend Payout: The consistent and robust dividend payout of 80.6% demonstrates Polyplex Corporation’s commitment to returning value to shareholders, providing investors with a steady income stream and indicating confidence in the company’s financial health.
FAQS
It is anticipated that Polyplex Corp’s share price will increase to ₹1,110.24 by the end of 2023.
The share price target of Polyplex Corp for 2025 might be around ₹1,579.47.
Can Polyplex be considered a multi-bagger stock?
Polyplex is a stock that has yielded significant returns, having surged by over 143% within two years. However, the stock has corrected by more than 50% from its ATH.
The per-share price of Polyplex Corp might reach around ₹2,874.64 by the end of 2030.
Can Polyplex Corporation touch 2500 INR?
There is a chance Polyplex corporations may touch 2500 INR by December 2028.
Also read:
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- Cyient Share Price Target 2023 to 2030: Can Cyient reach 5000 INR by 2030?
- Shree Cement Share Price Target 2023 to 2030: Can SHREECEM touch 35,000 INR?
Conclusion
In conclusion, Polyplex Corp emerges as a promising investment with a positive outlook for shareholders. The company, a global leader in polyester film and packaging, foresees substantial share price growth from ₹1,110.24 in 2023 to a projected ₹2,874.64 by 2030. With a robust financial performance, marked by consistent sales growth, prudent expense management, and varying but commendable profit margins, Polyplex Corp demonstrates resilience and potential for future expansion.
The dividend payout percentage reflects a commitment to shareholder value. While past stock performance has shown volatility, the overall trajectory indicates an upward trend, making Polyplex Corp an intriguing prospect for investors seeking long-term growth in the dynamic materials and packaging industry.
What did we learn?
