Jindal Poly Films Ltd

NSE
JINDALPOLY •
BUY

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Start SIP in Jindal Poly Films Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

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Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
52W Low on Mar 28, 2023
-5.7
TTM PE Ratio
Negative PE TTM
-8.7
Price to Book Ratio
Low in industry
0.6
Dividend yield 1yr %
Below industry Median
0.7
TTM PEG Ratio
PEG TTM is less than 1
0.1
RSI
RSI is mid-range
32
MFI
MFI is mid-range
30.7

Jindal Poly Films Ltd Key Financials

*All values are in ₹ Cr.

Jindal Poly Films Ltd shareholding Pattern

Promoter
74.6%
Foreign Institutions
3.1%
Public
22.3%

Jindal Poly Films Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
0
Bearish Moving Averages
16
5Day EMA
593.70
10Day EMA
599.60
12Day EMA
601.80
20Day EMA
609.50
26Day EMA
614.10
50Day EMA
625.20
100Day EMA
636.00
200Day EMA
658.50
Delivery & Volume
Resistance & Support
590.03
Pivot
Resistance
First Resistance
595.07
Second Resistance
602.48
Third Resistance
607.52
Support
First Support
582.62
Second support
577.58
Third Support
570.17
Relative Strength Index
31.97
Money Flow Index
30.74
MACD
-12.36
MACD Signal
-11
Average True Range
18.24
Average Directional Index
13.95
Rate of Change (21)
-5.59
Rate of Change (125)
-8.30

Jindal Poly Films Ltd Company background

Founded in: 1974
Jindal Poly Films Limited (JPFL) (formerly known Jindal Polyester Ltd) was incorporated in Sep.74. The Company is engaged in the manufacturing of BiaxiallyOriented Polyethylene Terephthalate (BOPET) and Biaxially Oriented Poly Propylene Films (BOPP films), Cast Poly Propylene Films (CPP films), Thermal Lamination Films, Medical Films, and NonWoven Products such as Interlining, Disposable Fabrics and Fabrics for Industrial Applications, etc. The manufacturing plant of the Company at Nasik, Maharashtra is the worlds largest integrated facility for the production of BOPET and BOPP Films. In 1974, the company set up its first unit to manufacture ERW steel pipes and tubes, black and galvanised, at Jindal Nagar (Ghaziabad district), UP. In Apr.93, the steel unit of the company was transferred to Jindal Pipes. The company is the largest producer of flexible packaging films in the country. The company also manufacture and sell POY and manufacture polyester chips for captive comsumption. Jindal France SAS, Rexor SAS and Hindustan Polyester Ltd are the subsidiaries of the company.In 1985, JPL diversified into the manufacture of polypropylene filament yarn and polyester filament yarn at Gulaothi, UP. It also modernised its POY plant in 1990 to update technology and replace certain old and wornout equipments/components. In 1992, it set up a polycondensation plant with an installed capacity of 15000 tpa for captive consumption.During 199495, Northern Plastics Finance Company (NPFCL), engaged mainly in investing and dealing in securities and finance, was amalgamated with the company. JPL has also came out with a public issue in Aug.94 to partfinance the expansion scheme and to diversify to manufacture bottlegrade chips. During 199596, the company has set up a new project of biaxially oriented polyester film at Nasik as a 100% EOU with an installed capacity of 12000 tpa. In Apr.99, India Polyfilms and Patel Poly Products were merged with the company and all the assets and liabilities of the merged companies were transferred and vested in the company on 14th Mar. 2000.JPL has expanded the capacity of Polyester film plant 12000 tonnes to 36000 tonnes by commissioning a new thick polyester film line in the month of December 2000. The commercial production of BOPP with a annual capacity of 13000 TPA was commissioned in 200203. To meet the future demand the company is planning to take some new projects like Manufacture of BOPP film with total capacity of 45000 TPA,Metalizing of Bopet Film with a capacity of 12000 TPA and to augment the Poly condensation with a total capacity of 50000 tpa etc.In January 2003, the Company commenced the first metalizing production using sophisticated technology.During 200405 the company has increased the installed capacity of Biaxially Oriented Polyester/Polypropylene Film by 57000 MT and with this expansion the total installed capacity of Biaxially Oriented Polyester/Polypropylene Film has increased to 131000 MT. During 2005 the company made a public offer by way of 100% Book Building by issuance of 83,33,325 Equity Shares of face value of Rs.10 each at a premium of Rs.350 per shares amounting to Rs.3000 Million.During 200405 the company has commissioned an 8.2 metre wide, fivelayer line with the capacity to produce 32000 TPA of BOPP films at Nashik Maharashtra. Further it also proposes to set up a 45000 TPA, 8.2 metre wide line to make BOPP films at Nashik, Maharashtra by August 2006. The company has also established an 8.7 metre wide thin film line at Nashik, Maharashtra. With the implementation of this line the company now has a total capacity of 86000 tonnes for Bopet film. In August 2005, the Company increased its metalising capacity by 14000 TPA to 26000 TPA at its plant in Nashik, Maharashtra. The company also proposes to install two line of 7000 TPA by September 2006. The company has already commissioned 4500 TPA capacity to manufacture PVDC, Acrylic and LTS Coated films, at Nashik. A second line with same capacity is likely to start by February 2006.In March 2005, the name of the company was changed from Jindal Polyester Ltd to Jindal Poly Films Ltd.During the year 200506, the Company completed its follow on Public offering by way of 100% Book Building by issuance of 83,33,325 equity shares of face value of Rs.10 each at a premium of Rs. 350 per share aggregating around Rs. 3000 million. The Companys new BOPP Film Line (Line3) with a capacity of 45,000 tpa commenced commercial production from September, 2006.The Companys 2 new BOPP line having combined capacity of 90,000 tpa commenced production during the financial year 200809, and the total capacity of BOPP in operation stood at 1,80,000 tpa. One BOPP line with a capacity of 30,000 tpa (line 6) commenced operation during the year 201112.During year 2014 the company completed the acquisition of Entire Global BOPP Films business of ExxonMobil, USA with the change of control from 1st October, 2013 consisting of five manufacturing facilities, two located in USA and three in Europe.Board of Directors of the Company had, at its meeting held on January 12, 2015 approved a Scheme of Arrangement between Jindal Photo Limited (Demerged Company) and Jindal Poly Films Limited (Resulting Company) for demerger of the manufacturing division of the demerged Company, which is engaged in the business of manufacture, production, sale and distribution of photographic products (Demerged Undertaking), into the Resulting Company. Subsequently, the Honble Allahabad High court had approved the Scheme, which became effective from the appointed date i.e 1st April, 2014. During the Financial year 201617, Global Nonwovens Ltd. became wholly owned subsidiary company. On December 22, 2017 the Board of Directors of the Company approved the proposal of issue of 260,000 shares by M/S JPF Netherlands B.V (JPF NL), a subsidiary of the Company and thereafter M/s JPF Netherlands B.V. issued and allotted shares on 29th December, 2017 and consequently JPF NL ceased as subsidiary of Jindal Poly Films Ltd. w.e.f 29th December, 2017.Board of Directors of Company in its meeting held 23rd August, 2016, approved a Scheme of Amalgamation for merger of Global Nonwovens Limited (wholly owned subsidiary) with Jindal Poly Films Limited. (Holding Company), effective from the Appointed Date i.e. 1st April, 2015 and resultant, Global Nonwovens Limited ceased to be subsidiary of the Company in 201617.During the year 201920, Honble National Company Law Tribunal (NCLT) of Judicature Allahabad Bench vide their order dated 9th December 2019 Sanctioned the scheme of Arrangement between Jindal Poly Films Limited (Demerged Company) and its wholly owned subsidiary Universus Photo Imagings Ltd. (Formerly known as Jindal Photo Imaging Ltd) (Resulting Company) for demerger of Photo Films Business (Demerged Undertaking) w.e.f. appointed date 1st April, 2019 with the Registrar of Companies on 20th December 2019, which inter alia provides for demerger of Demerged Undertaking into Resulting Company, on a goingconcern basis.On 16th March, 2022, the Company made a share subscription and purchase agreement with Project Holdings Fourteen (DIFC) Ltd., an SPV of Special investment fund of Brookfield Asset Management Inc. to invest Rs. 2,00,000 lakhs for acquisition of noncontrolling stake in JPFL Films Private Limited. Shareholders of the Company approved transfer of packaging films business on 21st April, 2022. After completing all the conditions precedent, the packaging film business now stands transferred to JPFL Films Pvt. Ltd, on 2nd August 2022.
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Jindal Poly Films Ltd FAQs

Jindal Poly Films Ltd shares are currently priced at 587.65 on NSE and 586.3 on BSE as of 2/22/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Jindal Poly Films Ltd [JINDALPOLY] share was -3.02. The Jindal Poly Films Ltd [JINDALPOLY] share hit a 1-year low of Rs. 484.95 and a 1-year high of Rs. 749.05.

The market cap of Jindal Poly Films Ltd is Rs. 2573.11 Cr. as of 2/22/2024 12:00:00 AM.

The PE ratios of Jindal Poly Films Ltd is 7.73 as of 2/22/2024 12:00:00 AM.

The PB ratios of Jindal Poly Films Ltd is 0.45 as of 2/22/2024 12:00:00 AM

The Mutual Fund Shareholding was 0.03% at the end of 2/22/2024 12:00:00 AM.

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