The shares of a Microcap company engaged in the the business of chemicals, printing dyes and water based wood coatings with a diverse portfolio of 108 textile ink variants and 51 wood coating products are in focus after DII acquired Rs 65.7 Lakhs worth of shares in the company.
Price Action
The shares of Silkflex Polymers (India) Ltd, with a total market capitalization of Rs 87.40 Crore on Tuesday, hit a 5 percent upper circuit at Rs 78.5 per share in the morning trading session. However, in the afternoon, the shares retreated and were trading at Rs 75.3 per share, which was 0.7 percent higher than the previous closing price of Rs 74.8.
What Happened
On March 24, 2025, the DII, India Equity Fund 1, purchased 88,000 shares of Silkflex Polymers (India) Ltd at Rs 74.68, investing around Rs 65.7 Lakhs in the company. As of December 2024, India Equity Fund 1 holds 4.88 percent stake in the company.
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Financials
The company reported an increase of 48 percent in revenue from operations from Rs 23.74 Crore in Q3FY24 to Rs 35.15 Crore in Q3FY25. Their Net Profits also saw a growth of 81.25 percent from Rs 1.76 Crore to Rs 3.19 Crore over the same period.
Key Ratios
The company boasts a lower D/E ratio of 0.66, and its P/E ratio stands at 22.06X, which is lower than the industry average of 44.2X. It has an ROE of 16.86 percent with an ROCE of 17.74 percent. The company has a strong 1-year CAGR for Revenue at 74.13 percent, Net Profit at 399.96 percent, and Operating Profit at 184.3 percent.
About Silkflex Polymers (India) Ltd
Silkflex Polymer Ltd is a leading manufacturer specializing in high-quality polymer products. It is primarily engaged in the the business of chemicals, printing dyes and water based wood coatings, and boasts a diverse portfolio of 108 textile ink variants and 51 wood coating products. With a focus on innovation and sustainability, the company serves various industries, providing durable and eco-friendly solutions.
Written By Adhvaitha Nayani
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