- CIN
- —
- ISIN
- INE0OLN01029
- Incorporated
- —
- Registered state
- —
Key valuation
- Market cap
- ₹1,913 Cr
- P/E
- 5.1x
- Debt / equity
- 0.1x
- Shares outstanding
- 39,84,38,875
Prices shown are indicative, dealer-quoted and updated periodically — they are not exchange-traded prices and may differ from the price at which a transaction is finally executed.
Price history
Dated dealer-quote averages, plotted on a true time scale. There is no continuous trading behind these numbers.
Business overview
India keeps announcing that it wants to make chips at home. Polymatech actually does. The company has been at it since 2007, working out of Oragadam in Tamil Nadu. Design, development, packaging, manufacture. Semiconductor and opto-semiconductor components, the whole way through. Compound semiconductor technology is the speciality. Where does that end up? Telecom gear. Cars. Factory automation. Medical devices. The consumer electronics in your pocket right now. And the newer digital infrastructure everybody keeps promising is coming. R&D stays in house. So does precision packaging, which sounds dull and is actually where a great many chips get ruined. The plants are modern and the export side keeps widening. Will India get anywhere near making its own chips at scale? Thats a far bigger question than one company can answer. But when people start listing the names that might, this one comes up.
Key highlights
- Incorporated in 2007
Financial snapshot
FY2025
- Revenue FY2025
- ₹1,902.90 Cr
- EBITDA
- ₹487.07 Cr
- PAT
- ₹375.59 Cr
- Net worth
- ₹1,172.13 Cr
- Total debt
- ₹53.62 Cr
- Cash & equivalents
- ₹392.29 Cr
- Operating cash flow
- ₹439.25 Cr
- EPS
- ₹9.43
Reported financials · FY2021–FY2025
Figures in ₹ crore unless stated.
| Particulars | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY | CAGR |
|---|---|---|---|---|---|---|---|
| Profit & loss | |||||||
| Revenue from operationsYoY +55.9%CAGR +155.0% | 45 | 126 | 649 | 1,221 | 1,903 | +55.9% | +155.0% |
| Other income | 1 | 1 | 1 | 17 | 9 | — | — |
| Total expenses | 39 | 92 | 483 | 968 | 1,468 | — | — |
| EBITDAYoY +60.6%CAGR +165.0% | 10 | 39 | 185 | 303 | 487 | +60.6% | +165.0% |
| Depreciation & amortisation | 3 | 3 | 16 | 50 | 52 | — | — |
| EBIT | 7 | 36 | 169 | 253 | 436 | — | — |
| Finance cost | 1 | 2 | 3 | 0 | 0 | — | — |
| Profit before taxYoY +64.7%CAGR +182.1% | 7 | 35 | 167 | 270 | 445 | +64.7% | +182.1% |
| Tax expense | 0 | 0 | 0 | 30 | 70 | — | — |
| Profit after taxYoY +56.4%CAGR +170.5% | 7 | 35 | 167 | 240 | 376 | +56.4% | +170.5% |
| Earnings per share | ₹0.18 | ₹0.87 | ₹4.19 | ₹6.03 | ₹9.43 | — | — |
| Balance sheet | |||||||
| Net worthYoY +47.9%CAGR +130.5% | 42 | 76 | 324 | 792 | 1,172 | +47.9% | +130.5% |
| Total debt | 32 | 42 | 43 | 21 | 54 | — | — |
| Current liabilities | 20 | 20 | 26 | 772 | 1,825 | — | — |
| Fixed assets | — | — | — | — | 609 | — | — |
| Cash & equivalents | 0 | 0 | 41 | 22 | 392 | — | — |
| Current assets | 10 | 47 | 233 | 1,170 | 2,451 | — | — |
| Total assetsYoY +90.7%CAGR +139.8% | 93 | 138 | 388 | 1,616 | 3,081 | +90.7% | +139.8% |
| Cash flow | |||||||
| Operating activities | 28 | 3 | 48 | 254 | 439 | — | — |
| Investing activities | 11 | -10 | -80 | -477 | -102 | — | — |
| Financing activities | 0 | 7 | 74 | 204 | 33 | — | — |
| Net change in cash | 40 | 0 | 41 | -19 | 370 | — | — |
Revenue, EBITDA and PAT
₹ crore. A year with no reported figure is left out rather than drawn as zero.
- Revenue
- EBITDA
- PAT
Every ratio here is worked out from the reported figures in the Financials tab, and valuation multiples from the indicative price in the header. Nothing is a stored value. A ratio the filings cannot support (a line not reported, or a zero or negative base) is left out or shown as —, never as a misleading number. Balance-sheet ratios use year-end figures.
Valuation multiples
What the indicative price pays for the latest year's earnings, book and cash. On FY2025 figures and the ₹48.00 indicative price.
- Market cap
- ₹1,913 Cr
- Enterprise value
- ₹1,574 Cr
- Price / earnings (P/E)
- 5.09x
- Price / book (P/B)
- 1.63x
- Price / sales (P/S)
- 1.01x
- Price / operating cash flow
- 4.35x
- EV / EBITDA
- 3.23x
- EV / EBIT
- 3.61x
- EV / sales
- 0.83x
- Earnings yield
- 19.6%
- Cash / market cap
- 20.5%
How these are worked out
- Market cap
- Indicative price × shares outstanding
- Enterprise value
- Market cap + debt − cash
- Price / earnings (P/E)
- Market cap ÷ PAT (profitable years only)
- Price / book (P/B)
- Market cap ÷ net worth
- Price / sales (P/S)
- Market cap ÷ revenue from operations
- Price / operating cash flow
- Market cap ÷ cash from operating activities
- EV / EBITDA
- Enterprise value ÷ EBITDA
- EV / EBIT
- Enterprise value ÷ (EBITDA − depreciation)
- EV / sales
- Enterprise value ÷ revenue from operations
- Earnings yield
- PAT ÷ market cap
- Cash / market cap
- Cash & equivalents ÷ market cap
IPO / listing status
The company has not announced IPO details such as a DRHP filing, an expected window or its bankers. This section will update once it does.
Research & news
Information currently unavailable
Nothing has been published on Polymatech yet. Research, news and articles tagged with it will appear here when they are.
Documents
Information currently unavailable
No documents have been catalogued for this company yet.