Nahar Poly Films Limited (NAHARPOLY) AI Stock Analysis

Nahar Poly Films Limited

(NSE:NAHARPOLY)

Select Model

Rating:78Outperform

Price Target:INR 251.00▲(13.81% Upside)

Action:reiterated

Date:08/29/26

The overall score is driven primarily by the company’s resilient financial position, with a strong equity base, low and declining debt, and recovering revenues and profits from a cyclical low. Attractive valuation metrics, including a low P/E and a positive dividend yield, further support the investment case and lift the score. Technical indicators are more neutral, showing consolidation near key moving averages with modest negative momentum, which tempers near‑term upside expectations but does not signal severe weakness.

Positive Factors

Conservative Balance SheetConservative leverage and a substantial equity base provide financial flexibility as the company manages cyclical conditions. The sharp reduction in total debt during 2026 should lower balance-sheet pressure and leave more capacity to withstand weaker operating periods.

Negative Factors

Volatile Cash GenerationInconsistent operating and free cash flow reduces confidence that reported earnings convert reliably into liquidity. Periods of negative cash generation can constrain reinvestment, debt reduction, and shareholder distributions, particularly if weaker cash performance recurs during an operating downturn.

Nahar Poly Films Limited (NAHARPOLY) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 5.61B
Dividend Yield: 0.68%
Average Volume (3M): 993
Price to Earnings (P/E): 7.6
Beta (1Y): 0.85
Revenue Growth: 7.92%
EPS Growth: 39.07%
Country: India
Employees: 317
Sector: General
Sector Strength: 55
Industry: Packaging & Containers

Nahar Poly Films Limited Business Overview & Revenue Model

Company Description

Headquartered in Ludhiana, India, Nahar Poly Films Limited is a key manufacturer and global supplier of bi-axially oriented polypropylene (BOPP) films. The company's diverse product portfolio features both metalized and unmetalized film types, alongs...

How the Company Makes Money

The company primarily makes money by manufacturing and selling polyester (BOPET) films to customers that use these films as an input material for flexible packaging and other converting/industrial uses. Revenue is generated from (1) sales volumes of...

Nahar Poly Films Limited Financial Statement Overview

Summary

Strong rebound in revenue and profitability from the weak 2024 base, supported by a very robust, low‑debt balance sheet and generally solid cash generation, though margin and free‑cash‑flow volatility prevent a top‑tier score.

Income Statement

78Positive

Balance Sheet

88Very Positive

Cash Flow

69Positive

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	6.67B	7.04B	6.66B	6.00B	7.23B	4.87B
Gross Profit	1.51B	1.39B	1.10B	487.58M	1.61B	1.85B
EBITDA	1.00B	1.07B	940.97M	320.16M	865.43M	1.24B
Net Income	722.80M	788.36M	473.79M	56.79M	432.02M	977.11M
Balance Sheet
Total Assets	0	10.00B	9.48B	9.59B	9.79B	11.44B
Cash, Cash Equivalents and Short-Term Investments	47.10M	47.10M	254.13M	255.84M	405.24M	6.23M
Total Debt	0	342.52M	955.06M	1.26B	1.63B	1.73B
Total Liabilities	-8.67B	1.33B	1.46B	1.60B	2.00B	2.31B
Stockholders Equity	8.67B	8.67B	8.02B	7.99B	7.79B	9.13B
Cash Flow
Free Cash Flow	505.13M	196.31M	590.83M	265.35M	1.02B	-1.25B
Operating Cash Flow	604.44M	444.14M	642.47M	267.29M	1.10B	-237.06M
Investing Cash Flow	-457.79M	-380.46M	-130.82M	-112.27M	-366.89M	-918.87M
Financing Cash Flow	-232.34M	-190.13M	-383.86M	-380.77M	-408.73M	1.15B

Nahar Poly Films Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price220.55

Price Trends

50DMA228.66Negative

100DMA240.78Negative

200DMA241.15Negative

Market Momentum

MACD-2.37Negative

RSI48.26Neutral

STOCH74.24Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NAHARPOLY, the sentiment is Negative. The current price of 220.55 is below the 20-day moving average (MA) of 220.94, below the 50-day MA of 228.66, and below the 200-day MA of 241.15, indicating a bearish trend. The MACD of -2.37 indicates Negative momentum. The RSI at 48.26 is Neutral, neither overbought nor oversold. The STOCH value of 74.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:NAHARPOLY.

Nahar Poly Films Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:NAHARPOLY against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:NAHARPOLY	78Outperform	INR 5.42B	7.59	―	0.68%	7.92%	39.07%
IN:TCPLPACK	72Outperform	INR 40.08B	34.68	―	0.57%	4.98%	-13.56%
IN:TIMETECHNO	60Neutral	INR 78.34B	15.40	―	0.95%	15.51%	15.99%
IN:PYRAMID	59Neutral	INR 5.49B	17.12	―	0.33%	19.00%	16.07%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:UFLEX	52Neutral	INR 41.06B	6.00	―	0.53%	10.36%	128.39%
IN:EMMBI	45Neutral	INR 1.36B	16.18	―	0.44%	10.34%	9.03%

* General Sector Average

Performance Comparison

IN:NAHARPOLY and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:NAHARPOLY	Nahar Poly Films Limited	220.55	-90.83	-29.17%
IN:EMMBI	Emmbi Industries Limited	70.64	-37.39	-34.61%
IN:PYRAMID	Pyramid Technoplast Ltd.	149.25	-11.78	-7.31%
IN:TCPLPACK	TCPL Packaging Limited	4403.95	1119.34	34.08%
IN:TIMETECHNO	Time Technoplast Limited	158.70	-52.19	-24.75%
IN:UFLEX	UFlex Limited	568.65	32.10	5.98%

Nahar Poly Films Limited Corporate Events

Nahar Poly Films Opens SEBI-Mandated Special Window for Legacy Physical Share Transfers

Oct 23, 2026

Nahar Poly Films Limited has informed shareholders that, in line with a recent SEBI directive, it has opened a special window running from February 5, 2026 to February 4, 2027 to process transfer and dematerialisation requests for physical share cert...

Nahar Poly Films Files SEBI-Mandated Demat Compliance Certificate for Q2 FY2026

Oct 8, 2026

Nahar Poly Films Limited has confirmed regulatory compliance related to the dematerialisation of its equity shares for the quarter ended 30 September 2026, in line with SEBI (Depositories and Participants) Regulations, 2018. The company notified both...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 29, 2026

Nahar Poly Films Limited AI Stock Analysis