Polar Power (POLA) Financials

$1.32

$0.05 (3.54%)

As on 11-Sep-2026 12:16EDT

Market cap

$6 Mln

Revenue (TTM)

$5 Mln

P/E Ratio

--

P/B Ratio

6.8

Div. Yield

0 %

Annual
Quarterly

Income Statement ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Operating Revenue	4.62	6.30	13.97	15.29	16.06	16.90
Cost of Revenue	8.23	9.46	12.66	14.60	13.93	13.45
Gross Profit	-3.61	-3.16	1.31	0.70	2.13	3.45
Operating Expenses	7.54	4.81	5.69	6.69	7.66	6.54
Operating Profit (EBIT)	-8.40	-7.97	-4.38	-5.99	-5.53	-3.10
Other Income	--	--	--	--	--	--
Profit before Tax	-9.61	-9.13	-4.68	-6.55	-5.58	-1.41
Provision for Tax	--	--	--	0.22	-0.01	1.80
Profit after Tax (Net Income)	-9.61	-9.13	-4.68	-6.55	-5.58	-1.41
Minority Interest	--	--	--	--	--	--
Consolidated Profit	--	--	--	--	--	-1.41

Liabilities ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Shareholder's Funds	0.86	0.14	8.51	13.19	18.18	23.25
Minority Interest	--	--	--	--	--	--
Non-Current Liabilities	1.84	0.04	0.47	1.86	0.06	0.54
Current Liabilities	7.50	10.29	8.56	10.21	5.95	3.39
Total Liabilities	17.71	10.44	17.55	25.26	24.19	27.18

Assets ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Non-Current Assets	0.16	0.41	1.95	3.27	0.87	2.03
Current Assets	10.04	10.03	15.60	21.99	23.32	25.15
Total Assets	19.55	10.44	17.55	25.26	24.19	27.18
Total Debt*	3.94	5.56	6.92	7.54	2.42	1.50
Net Current Assets	0.70	-0.26	7.04	11.78	17.37	21.76

Cashflow ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Cash From Operating Activities	--	-1.06	-0.54	-3.43	-6.51	-9.38
Cash Flow from Investing Activities	--	--	-0.02	-0.19	-0.03	-0.07
Cash from Financing Activities	--	0.76	0.50	3.96	1.64	12.91
Net Cash Inflow / Outflow	--	--	--	--	--	--

Financials Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Adjusted EPS ($)	-3.48	-3.41	-1.86	-2.61	-3.01	-0.77
Cash EPS ($)	--	-3.39	-1.80	-2.44	-2.74	-0.47
Adjusted Book Value ($)	--	0.05	3.39	5.26	9.83	12.73
Dividend per Share ($)	--	--	--	--	--	--
Cash Flow per Share ($)	--	-0.40	-0.21	-1.37	-3.52	-5.13
Free Cash Flow per Share ($)	--	-0.40	-0.22	-1.44	-3.53	-5.17

Profitability Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
ROCE (%)	--	-86.42	-25.87	-31.69	-24.60	-7.00
ROE (%)	-1,919.28	-211.02	-43.10	-41.75	-26.92	-8.14
ROA (%)	-42.15	-65.28	-21.85	-26.48	-21.71	-6.29
EBIT Margin (%)	-109.72	-133.45	-28.83	-39.16	-34.42	-8.01
Net Margin (%)	-207.92	-144.88	-33.48	-42.82	-34.73	-8.37
Cash Profit Margin (%)	0.00	--	--	--	--	--

Growth Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Revenue Growth (%)	-61.39	-0.55	-0.09	-0.05	-0.05	0.87
EBIT Growth (%)	-28.95	-108.86	32.74	-8.38	-308.12	89.54
Net Profit Growth (%)	-110.10	-95.27	28.57	-17.41	-294.41	86.99
EPS Growth (%)	-91.09	-0.83	0.29	0.13	-2.90	0.88
Book Value Growth (%)	-91.72	--	--	--	--	--

Valuation Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Price / Earnings	--	-0.49	-1.72	-0.16	-0.43	-4.63
Price / Book Value	6.78	31.05	0.94	0.08	0.13	0.28
Dividend Yield (%)	--	--	--	--	--	--
EV/EBITDA	-4.27	-1.18	-3.74	-1.43	-0.92	-3.65
Close Price ($)	1.81	1.67	3.20	2.87	9.03	25.06
High Price ($)	5.70	5.70	4.90	13.16	46.76	215.74
Low Price ($)	1.31	1.53	2.24	2.80	8.05	24.78
Market Cap ($ Cr)	5.81	--	--	--	--	--

Solvency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debt to Equity	--	38.62	0.81	0.57	0.13	0.06
Short term debt to equity ratio	4.60	38.62	0.76	0.43	0.13	0.04
Current Ratio	1.34	0.97	1.82	2.15	3.92	7.41
Quick Ratio	0.11	0.06	0.32	0.54	1.32	4.75
Interest Coverage	-8.29	-11.68	-6.21	-10.71	-95.28	-22.57

Operating Efficiency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debtors to sales (%)	12.25	5.23	15.41	29.18	31.25	41.61
Asset Turnover	0.20	0.45	0.65	0.62	0.63	0.75
Receivable days	--	71.93	86.49	113.21	137.03	114.32
Inventory Days	--	430.85	424.46	400.10	320.88	245.89
Payable days	--	56.25	31.31	24.92	7.31	8.68
Cash Conversion Cycle	--	446.53	479.63	488.39	450.59	351.54

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.