Date: 3rd July 2026
KMP / Board / Auditor Changes
Not Specified
Dividend Declaration or Non-Declaration
- Interim dividend of 550% (₹11 per equity share) declared on 27th October 2025 and paid in November 2025
- Final dividend of 1250% (₹25 per equity share) recommended by Board of Directors, subject to member approval at AGM
- Total dividend for FY26 works out to 1800% (₹36 per equity share of face value ₹2 each)
- Total dividend payout amounts to ₹457 crores compared to ₹432 crores in previous year
- After provisions, ₹454 crores transferred to General Reserve
Board Meeting Outcomes
Not Specified
Financial Results (Standalone & Consolidated)
- Net Revenues for FY25-26: ₹11,320 crores (including ₹96 crores from trading in other related products)
- Previous year Net Revenues: ₹10,559 crores (including ₹73 crores from trading in other related products)
- Plastic products sold: 7.54 lakh tons vs 6.75 lakh tons previous year (12% volume growth)
- Profit before interest, depreciation and taxes: ₹1,657 crores vs ₹1,546 crores previous year
- Net Profit after Tax: ₹911 crores in 2025-26 vs ₹894 crores in 2024-25
- Turnover of value-added products: ₹4,677 crores in 2025-26 vs ₹4,060 crores previous year
- Export value: US$26.30 million in 2025-26 vs US$26.70 million previous year
- Net cash surplus balance: ₹542 crores as of June 2026
Disinvestment / Strategic Actions
Not Specified
Operational Performance by Division:
Plastics Piping Systems Business:
- Continued strong growth driven by expanded product portfolio and innovation
- Launched PERT Pipe System for high temperature & pressure applications
- Developed metal fittings for high-temperature applications
- Launched Electrofusion Olefins fittings and compression moulded fittings (673 product portfolio)
- Entered industrial piping system segment with Electrofusion Olefin fittings
- Became licensee of Poloplast GmbH & Co KG, Austria for PP silent Pipe System
- Acquired and integrated Wavin business
- Installed capacity reached 1 million MT per annum as of 31st March 2026 vs 8,70,000 MT at beginning of year
Cross Laminated Film & Products:
- Affected by look-alike products in market (considered temporary phenomenon)
- Added new customers in USA & Latin America
- Conducted trials for Cross Plastics at customer sites with encouraging outcome
Furniture Business:
- Recognized for strong brand value and premium reputation in plastic furniture industry
- Prioritizing expansion of institutional business, particularly education sector
- Improving product visibility and customer shopping experience
- Developing product range for international market
Industrial Component Division:
- Challenging year due to slack demand in appliance sector from extended monsoon and regulatory issues (BIS, Energy Ratings)
- Expanding into new sectors: Telecom, Paint Mixing Machines, Testing Machines, EV Batteries, Floating solar panels, Drones
- Planned need-based capacity augmentation for projected increased demand
Material Handling Division:
- Performed reasonably well
- Focus on customer reach, customized offerings, and quality standards
- Introducing new models in Crates, Pallets and dustbins
- Offering customized Roto moulded pallets for FMCG and Pharma customers
- Commenced production of PP bubble guard sheets
Composite Cylinder Division:
- Added BPCL as customer for LPG cylinders, supplied over 2 lakh cylinders during year
- Expanding customer base in Middle East and Russia
- Started supplying cascades for CNG gas
Performance Films Division:
- Delivered resilient performance by focusing on export market
- Achieved stable growth
- Anticipates continued momentum from order pipeline and capacity expansion
Protective Packaging Products (PPD) Division:
- Delivered good performance with better demand and resilient volumes
- Developing customized solutions for end customer requirements
- Expanding fabrication facilities in capacities and geographical spread
- Focusing on new product development, new technologies, and export business
New Vertical - uPVC Windows & Doors:
- Launched with positive market response
- Uses state-of-the-art extrusion technology from Austria and fabrication technology from Italy
- First company to launch digital printing for windows in India
Strategic Initiatives:
- Capex plan progressing smoothly for capacity boosting in Plastics Piping system & Material Handling system
- New plants planned in Bihar, Jammu and Malanpur (Near Gwalior)
- All capex and working capital requirements to be met from internal accruals
- Operating 35 manufacturing facilities across 13 states
- Distribution network with over 7,000 channel partners
- Export presence in over 55 countries
- Targeting export growth from $26 million per year to several times higher in next 5-6 years
- Investing in products suitable for international market
- Directing more human resources to international market expansion
Market Outlook and Guidance:
- Polymer prices declined in April after extreme highs in March due to US-Iran war ceasefire
- Huge destocking by distributor chain led to volume degrowth in Q1
- Anticipate volume recovery for rest of year with polymer prices returning to normal
- India economy expected to grow 6.5% to 7% despite geopolitical uncertainties
- Government infrastructure development, water supply expansion, and piped natural gas networks to drive demand
- New global polymer production capacities expected to ease supply situation
Sustainability Initiatives:
- Increasing renewable energy capacity and usage year-on-year
- Invested approximately ₹140 crore in renewable energy initiatives
- Commitment to Net Zero targets under Science Based Target Initiative (SBTi)
- Focus on circular economy, resource efficiency, and climate risk management
Risk Management:
- Proactive approach to manage risks from geopolitical uncertainties, supply chain disruptions, raw material price volatility, and currency fluctuations
- Strategy includes diversified sourcing, prudent hedging, and strong domestic focus
CSR Activities:
- Supreme Foundation works in social reforms with focus on education sector
- Programs include educational infrastructure, learning resources, educator training, and rural children participation
- Spent ₹24.47 crores on various CSR activities during year
- Contributions in education, medical & healthcare facilities, sanitation, drinking water supply, and social welfare
Other Operational / Legal / Strategic Disclosures
Not Specified