Key Financial Figures (Standalone)

  • Revenue from Operations: ₹6,001.30 lakhs (FY26) vs ₹8,530.75 lakhs (FY25) - decline of 29.67%
  • Other Income: ₹197.24 lakhs (FY26) vs ₹57.78 lakhs (FY25)
  • Total Income: ₹6,198.54 lakhs (FY26) vs ₹8,588.53 lakhs (FY25) - decline of 27.82%
  • Total Expenses: ₹5,986.98 lakhs (FY26) vs ₹8,006.07 lakhs (FY25)
  • Profit Before Tax: ₹211.57 lakhs (FY26) vs ₹582.46 lakhs (FY25) - decline of 63.68%
  • Profit After Tax: ₹184.34 lakhs (FY26) vs ₹505.13 lakhs (FY25) - decline of 63.50%
  • EPS (Basic & Diluted): ₹0.74 (FY26) vs ₹2.38 (FY25)
  • Foreign Exchange Earnings: ₹2,113.33 lakhs (exports)
  • Foreign Exchange Outgo: ₹1,584.46 lakhs (imports)

Capital Structure Impact

  • Paid-up Share Capital: Increased from ₹2,122.00 lakhs (21,220,000 shares) to ₹2,477.20 lakhs (24,772,000 shares) post-IPO
  • Authorized Share Capital: Proposal to increase from ₹52,00,00,000 to ₹1,25,00,00,000 (12.5 crore equity shares of ₹10 each)
  • IPO Details: Successfully completed IPO of 67,50,000 equity shares at ₹50 per share (₹40 premium), aggregating ₹3,375.00 lakhs
  • Fresh issue: 35,52,000 equity shares (₹1,776.00 lakhs)
  • Offer for sale: 31,98,000 equity shares (₹1,599.00 lakhs)
  • Market maker reservation: 3,42,000 equity shares (₹171.00 lakhs)

Key Dates and Events

  • IPO Listing Date: June 6, 2025 on BSE SME Platform
  • Trading Symbol: 3BFILMS
  • AGM Date: August 8, 2026 at 3:30 PM
  • AGM Venue: Block No 1241 1242 1243 1244, Padra Jambusar Highway, Masar, Padra, Vadodara 391421, Gujarat
  • E-voting Period: August 5, 2026 (9:00 AM) to August 7, 2026 (5:00 PM)
  • Cut-off Date: August 1, 2026
  • Scrutinizer: M/s. K H Rao & Co., Practising Company Secretary

Management Commentary

The financial year was marked by challenging operating environment for the packaging industry with global geopolitical uncertainties, elevated raw material prices, volatility in crude oil prices, higher logistics costs, and subdued demand across certain end-user segments. The management responded with cost optimization initiatives, operational efficiencies, and maintained financial discipline. The fundamentals remain strong supported by customer relationships and quality products.

Corporate Actions

  • Dividend: No dividend recommended for FY 2025-26
  • Reserves: ₹184.34 lakhs transferred to Reserve & Surplus
  • Board Changes: Multiple director appointments and resignations during the year
  • Ms. Mital Devani resigned as Independent Director effective May 30, 2026
  • Mr. Mithil A Babariya appointed Whole-time director from September 4, 2025
  • Multiple changes in Company Secretary position

Related Party Transactions

Transactions with related parties including 3B Flexipacks Private Limited (sales/purchases/rent) and loans from directors/relatives amounting to ₹6,366.49 lakhs in unsecured loans.

Operational Highlights

  • Business: Manufacturing of CPP & CPE films for flexible packaging industry
  • Product Range: 15 to 250 microns thickness
  • Market Position: Serving food and beverage, clothing, flowers and other consumer goods industries
  • Export Markets: Products exported to over 200 countries

Forward-looking Statements

The management remains confident that measures implemented will strengthen competitiveness and support improved financial performance. Strategy focuses on sustainable growth, innovation, operational excellence, and expanding manufacturing capacity.