You may also like to look up Polylink Polymers (India) Ltd. I don’t have much information on it, so, why I am posting about it? It seems to be an ancillary ka ancillary, as it makes ingredients that go into making cables.
Polylink Polymers Ltd manufactures and sells polymeric compounds and color masterbatches. POLYLINK XLPE Compounds are silane grafted cross linkable polyethylene compound, for insulation of power cables and possessing excellent extrudability at high output rate. XLPE has good mechanical properties and good resistance to abrasion coupled with excellent dielectric properties.
Company manufactures various compounds of Power cable, Telephone cable and Engineering Plastics. Company also started production of Black, Color Master Batch and pigments.
Company is a One Star Export House and it exports to Europe, Russia, Africa, Sri Lanka, Bangladesh, etc.
Co’s manufacturing facility in Gujarat was developed with technical collaboration of AEI UK. It has imported machineries for its plant from the UK and Germany. Its present installed capacity stands at 30,000 MT per annum
.https://www.polylinkpolymers.com/asstes/images/pdf/annual-report/Annual-Report-2022-23.pdf
Its also into telephone cable compunds. POLYLINK Telecom cable Compounds are PE based, with carbon black, antioxidant and other special additives which offer excellent balance of properties and good extrudability. Our compound is suitable for sheathing and jacketing for jelly filled and optical fibre cables.
https://www.polylinkpolymers.com/xlpe-compounds.html#xlpe
Who are the competitors of Polylink Polymers?
Polylink Polymers major competitors are Rishiroop, Kkalpana lnds. (I), Plastiblends India, Jubilant Inds., DCW, Bhansali Engg. Poly., Supreme Petrochem.
Market Cap of Polylink Polymers is ₹86 Crs.
While the median market cap of its peers are ₹2,589 Crs.
The latest annual report may be found at https://stockdiscovery.s3.amazonaws.com/insight/india/3758/Annual%20Report/AR-24.pdf
Customers
- ASHOKA MOLD PLAST
- AVON
- Havells India Ltd.
- Kisan
- MODERN MOLDPLAST Pvt Ltd.
- Nilkamal Ltd.
- Polycab India Ltd.
- Prince Pipes and Fittings Ltd.
- Supreme Industries Ltd.
- Time Technoplast Ltd.
- Varmora Granito Pvt. Ltd.
Trigger: The Power shares are on fire, so time we looked beyond the power companies at their vendors.
Risks: Its a penny stock,current market price ₹39, which are by their nature risky.
Disclaimer: I have them in some small quantity.
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