Deep Polymers
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Deep Polymers' board on 10 October 2026 proposed issuing 32 lakh equity warrants of Rs10 face value aggregating Rs3.2 crore on a preferential basis to promoter and public investors, with the price to be fixed under SEBI ICDR pricing guidelines. Twelve lakh warrants were earmarked for promoters Deepal Patel and Aryan Patel and the remaining 20 lakh for twelve non-promoter individuals, each warrant convertible into one equity share within 18 months upon payment of the full price, subject to shareholder approval at an extraordinary general meeting. It allotted 11.47 lakh shares on a preferential basis to the promoter group in November 2023. The company reported standalone revenue of Rs98.72 crore in FY26, led by masterbatch sales of Rs78.37 crore, with exports of about Rs8.8 crore to more than 25 countries. Promoter holding stood at 65.84% in March 2026, with net debt of Rs36.68 crore supported by Rs22.30 crore of unsecured director loans.
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Deep Polymers' board on 10 October 2026 proposed issuing 32 lakh equity warrants of Rs10 face value aggregating Rs3.2 crore on a preferential basis to promoter and public investors, with the price to be fixed under SEBI ICDR pricing guidelines. Twelve lakh warrants were earmarked for promoters Deepal Patel and Aryan Patel and the remaining 20 lakh for twelve non-promoter individuals, each warrant convertible into one equity share within 18 months upon payment of the full price, subject to shareholder approval at an extraordinary general meeting. It allotted 11.47 lakh shares on a preferential basis to the promoter group in November 2023. The company reported standalone revenue of Rs98.72 crore in FY26, led by masterbatch sales of Rs78.37 crore, with exports of about Rs8.8 crore to more than 25 countries. Promoter holding stood at 65.84% in March 2026, with net debt of Rs36.68 crore supported by Rs22.30 crore of unsecured director loans.
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Aug 26 (Reuters) - Deep Polymers Ltd DEPP.BO:
DEEP POLYMERS LTD - COMMERCIAL PRODUCTION OF BOPP MASTERBATCH STARTED IN GUJARAT
Source text: ID:nBSE9KSWJ7
Further company coverage: DEPP.BO
(([email protected];;))
Aug 26 (Reuters) - Deep Polymers Ltd DEPP.BO:
DEEP POLYMERS LTD - COMMERCIAL PRODUCTION OF BOPP MASTERBATCH STARTED IN GUJARAT
Source text: ID:nBSE9KSWJ7
Further company coverage: DEPP.BO
(([email protected];;))
Aug 21 (Reuters) - Deep Polymers Ltd DEPP.BO:
APPROVED PROPOSAL TO RAISE FUNDS VIA ISSUANCE OF SHARES ON PREFERENTIAL BASIS
TO ISSUE SHARES WORTH 11.5 MILLION RUPEES
Source text for Eikon: ID:nBSE3mLSYt
Further company coverage: DEPP.BO
(([email protected];))
Aug 21 (Reuters) - Deep Polymers Ltd DEPP.BO:
APPROVED PROPOSAL TO RAISE FUNDS VIA ISSUANCE OF SHARES ON PREFERENTIAL BASIS
TO ISSUE SHARES WORTH 11.5 MILLION RUPEES
Source text for Eikon: ID:nBSE3mLSYt
Further company coverage: DEPP.BO
(([email protected];))
Aug 17 (Reuters) - Deep Polymers Ltd DEPP.BO:
TO CONSIDER ISSUANCE OF SHARES BY WAY OF PREFERENTIAL ALLOTMENT
Source text for Eikon: ID:nBSE5CGcKp
Further company coverage: DEPP.BO
(([email protected];;))
Aug 17 (Reuters) - Deep Polymers Ltd DEPP.BO:
TO CONSIDER ISSUANCE OF SHARES BY WAY OF PREFERENTIAL ALLOTMENT
Source text for Eikon: ID:nBSE5CGcKp
Further company coverage: DEPP.BO
(([email protected];;))
Aug 8 (Reuters) - Deep Polymers Ltd DEPP.BO:
MANUFACTURING FACILITY AT GANDHINAGAR HAS COMMENCED COMMERCIAL PRODUCTION OF MASTERBATCHES
POTENTIAL TO GENERATE REVENUE OF ABOUT 2.50 BILLION RUPEES PER ANNUM ON FULL CAPACITY UTILIZATION
COMMENCED COMMERCIAL PRODUCTION OF MASTERBATCHES EFFECTIVE AUGUST 08
Source text for Eikon: ID:nBSE45LmZ9
Further company coverage: DEPP.BO
(([email protected];))
Aug 8 (Reuters) - Deep Polymers Ltd DEPP.BO:
MANUFACTURING FACILITY AT GANDHINAGAR HAS COMMENCED COMMERCIAL PRODUCTION OF MASTERBATCHES
POTENTIAL TO GENERATE REVENUE OF ABOUT 2.50 BILLION RUPEES PER ANNUM ON FULL CAPACITY UTILIZATION
COMMENCED COMMERCIAL PRODUCTION OF MASTERBATCHES EFFECTIVE AUGUST 08
Source text for Eikon: ID:nBSE45LmZ9
Further company coverage: DEPP.BO
(([email protected];))
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What does Deep Polymers do?
Deep Polymers Limited specializes in producing a variety of quality products like antifab fillers, transparent fillers, and color fillers, serving as cost-effective alternatives for polymers with additional functionalities such as anti-fibrillating, anti-blocking, and anti-slip properties.
Who are the competitors of Deep Polymers?
Deep Polymers major competitors are Deepak Chemtex, Paragon Fine & Spl., Midaas Fashions, Alkali Metals, Mysore PetroChemical, Eiko Lifesciences, Advance Petrochem.. Market Cap of Deep Polymers is ₹96 Crs. While the median market cap of its peers are ₹79 Crs.
Is Deep Polymers financially stable compared to its competitors?
Deep Polymers seems to be less financially stable compared to its competitors. Altman Z score of Deep Polymers is 3.15 and is ranked 6 out of its 8 competitors.
Does Deep Polymers pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Deep Polymers latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Deep Polymers allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Deep Polymers balance sheet?
Balance sheet of Deep Polymers is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Deep Polymers improving?
Yes, profit is increasing. The profit of Deep Polymers is ₹7.74 Crs for TTM, ₹6.78 Crs for Mar 2026 and ₹5.2 Crs for Mar 2025.
Is the debt of Deep Polymers increasing or decreasing?
The net debt of Deep Polymers is decreasing. Latest net debt of Deep Polymers is ₹21.31 Crs as of Mar-26. This is less than Mar-25 when it was ₹33.88 Crs.
Is Deep Polymers stock expensive?
Deep Polymers is not expensive. Latest PE of Deep Polymers is 14.19, while 3 year average PE is 25.76. Also latest EV/EBITDA of Deep Polymers is 8.05 while 3yr average is 16.24.
Has the share price of Deep Polymers grown faster than its competition?
Deep Polymers has given lower returns compared to its competitors. Deep Polymers has grown at ~-13.34% over the last 1yrs while peers have grown at a median rate of -2.2%
Is the promoter bullish about Deep Polymers?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 66.1% and last quarter promoter holding is 65.88%.
Are mutual funds buying/selling Deep Polymers?
There is Insufficient data to gauge this.