Sarla Performance Fibers Ltd
NSE: SARLAPOLY BSE: 526885
Incorporated in 1993, Sarla Performance Fibers Ltd manufactures various types of polyester and nylon yarns[1]
₹92.9
52W: ₹65 — ₹128
PE 9.63 · Book ₹60.1 · +55% vs bookMarket Cap₹776 Cr
Stock P/E9.63Price to Earnings
ROCE12.4%Return on Capital
ROE15.8%Return on Equity
Div. Yield3.24%Face Value ₹1
Strengths
- +Stock is providing a good dividend yield of 3.22%.
- +Company has delivered good profit growth of 29.6% CAGR over last 5 years
- +Company has been maintaining a healthy dividend payout of 38.0%
Weaknesses
- −The company has delivered a poor sales growth of 9.54% over past five years.
- −Tax rate seems low
- −Company has a low return on equity of 11.3% over last 3 years.
Shareholding Pattern
Promoters57.11%
FIIs0.78%
DIIs0.9%
Public41.22%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 56.67% | 56.67% | 56.7%▲0.0 | 56.9%▲0.2 | 56.9% | 56.93%▲0.0 | 57.07%▲0.1 | 57.11%▲0.0 |
| FIIs | 0.77% | 0.73%▼0.0 | 1.04%▲0.3 | 0.8%▼0.2 | 0.8% | 0.7%▼0.1 | 0.72%▲0.0 | 0.78%▲0.1 |
| DIIs | 0.72% | 0.83%▲0.1 | 1.61%▲0.8 | 0.79%▼0.8 | 0.9%▲0.1 | 0.9% | 0.9% | 0.9% |
| Public | 41.85% | 41.76%▼0.1 | 40.64%▼1.1 | 41.52%▲0.9 | 41.42%▼0.1 | 41.45%▲0.0 | 41.32%▼0.1 | 41.22%▼0.1 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 96 | 105 | 111 | 114 | 100 | 99 | 102 | 108 | 89 | 98 |
| Expenses | 82 | 87 | 91 | 92 | 76 | 84 | 92 | 85 | 72 | 94 |
| Operating Profit | 14 | 19 | 20 | 22 | 24 | 16 | 10 | 23 | 17 | 4 |
| OPM % | 14% | 18% | 18% | 19% | 24% | 16% | 10% | 21% | 19% | 4% |
| Net Profit | 9 | 11 | 17 | 15 | 12 | 6 | 23 | 19 | 19 | -35 |
| EPS ₹ | 1.08 | 1.34 | 2.02 | 1.8 | 1.42 | 0.74 | 2.71 | 2.3 | 2.3 | -4.17 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹396Cr, down 6.2% YoY. OPM at 14%.
Debt Position
Borrowings at ₹195Cr. Debt-to-equity ratio: 0.40x. Healthy balance sheet.
Capex Cycle
CWIP at ₹4Cr (2% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 0.9% (+0.90pp change). FIIs: 0.78% (+0.13pp change). Promoters hold 57.11%.
Margin & Efficiency
ROCE declining from 18% (Mar 2015) to 12% (Mar 2026). Working capital days: 51.
Valuation
PE 9.63x with 12.4% ROCE. Price is 55% above book value of ₹60.1. Dividend yield: 3.24%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Investor Presentation 14 May
- Announcement under Regulation 30 (LODR)-Credit Rating 14 May - Acuite reaffirmed Sarla Performance Fibers' bank loan ratings: A stable and A1 for Rs 337 crore.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 13 May - Copy of a public announcement dated May 12, 2026 for the Buyback published on May 13, 2026 in the newspapers mentioned in the attached file.
- Certified True Copy Of Board Resolution - Buyback 13 May - Sarla Performance Fibers announces buyback of 40 lakh shares at ₹110 each for ₹44 crore; record date May 15, 2026.
- Announcement under Regulation 30 (LODR)-Public Announcement-Buyback of Shares 13 May - Board approved buyback of 40 lakh shares at ₹110 each, totaling up to ₹44 crore; record date May 15, 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse