Key Decisions Approved
1. Financial Results Approval
The Board of Directors approved the unaudited financial results (standalone and consolidated) for the quarter and half year ended September 30, 2026, along with the Limited Review Report issued by statutory auditors Walker Chandiok & Co LLP pursuant to Regulation 33 of SEBI LODR Regulations.
2. Management Personnel Transfer
- Reason for change: Transfer
- Effective date: November 1, 2026
- Current assignment: Guwahati - Bamboo Division
- Profile and director relationships: Not applicable
3. Subsidiary Investment Approval
The Board approved further investment of ₹5,00,00,000 (Rupees Five Crores only) in All Time Bamboo Private Limited, a wholly-owned subsidiary of the company.
Meeting Details
- Commencement: 03:30 PM
- Conclusion: 07:10 PM
Financial Results Summary
Consolidated Financial Results (₹ lakhs)
Quarter Ended September 30, 2026:
- Revenue from operations: ₹17,408.17
- Other income: ₹273.07
- Total income: ₹17,681.24
- Total expenses: ₹17,180.38
- Profit before tax: ₹500.86
- Tax expense: ₹137.60
- Profit for the period: ₹363.26
- EPS (basic & diluted): ₹0.55
Half Year Ended September 30, 2026:
- Revenue from operations: ₹33,576.70
- Other income: ₹622.66
- Total income: ₹34,199.36
- Total expenses: ₹32,074.38
- Profit before tax: ₹2,124.98
- Tax expense: ₹565.78
- Profit for the period: ₹1,559.20
- EPS (basic & diluted): ₹2.38
Comparative Performance (Quarterly):
- Q2 FY27 Profit: ₹363.26 lakhs vs Q1 FY27: ₹1,195.94 lakhs (70% decline)
- Q2 FY27 Profit: ₹363.26 lakhs vs Q2 FY26: ₹408.86 lakhs (11% decline)
Standalone Financial Results (₹ lakhs)
Quarter Ended September 30, 2026:
- Revenue from operations: ₹17,400.29
- Other income: ₹264.01
- Total income: ₹17,664.30
- Total expenses: ₹17,100.67
- Profit before tax: ₹563.63
- Tax expense: ₹141.92
- Profit for the period: ₹421.71
- EPS (basic & diluted): ₹0.64
Half Year Ended September 30, 2026:
- Revenue from operations: ₹33,506.52
- Other income: ₹612.26
- Total income: ₹34,118.78
- Total expenses: ₹31,918.97
- Profit before tax: ₹2,199.81
- Tax expense: ₹567.79
- Profit for the period: ₹1,632.02
- EPS (basic & diluted): ₹2.49
Balance Sheet Position (Consolidated)
As at September 30, 2026:
- Total assets: ₹85,681.87 lakhs
- Total equity: ₹62,894.14 lakhs
- Non-current liabilities: ₹8,915.37 lakhs
- Current liabilities: ₹13,872.36 lakhs
- Cash and cash equivalents: ₹4,744.52 lakhs
Cash Flow Statement (Consolidated)
Six months ended September 30, 2026:
- Net cash used in operating activities: ₹(2,190.76) lakhs
- Net cash used in investing activities: ₹(3,116.50) lakhs
- Net cash from financing activities: ₹1,106.89 lakhs
- Net decrease in cash: ₹(4,200.37) lakhs
Key Notes to Financial Results
1. Segment Reporting
The Chief Operating Decision Maker has identified manufacturing of 'plastic based articles' as a single business operating segment per Ind AS 108.
2. IPO Proceeds Utilization
As of September 30, 2026:
- Total IPO proceeds: ₹28,000.00 lakhs
- Amount utilized: ₹20,289.70 lakhs
- Unutilized amount: ₹7,710.30 lakhs
Breakdown of utilization:
- Prepayment/repayment of borrowings: ₹14,300.00 lakhs (fully utilized)
- Purchase of equipment/machinery for Manekpur Facility: ₹3,661.10 lakhs (out of ₹11,371.40 lakhs planned)
- General corporate purposes: ₹39.50 lakhs (fully utilized)
- Share issue expenses: ₹2,289.10 lakhs (fully utilized)
Unutilized IPO proceeds are temporarily invested in fixed deposits with scheduled commercial banks.
3. Exceptional Items
The exceptional item of ₹437.28 lakhs for year ended March 31, 2026 pertains to incremental non-recurring impact from implementation of Labour Codes effective November 21, 2025.
4. Subsidiary Information
The consolidated results include:
- All Time Plastics Pte Limited, Singapore (Subsidiary)
- All Time Bamboo Private Limited (Subsidiary)
The auditor's review relied on other auditors for two subsidiaries representing total assets of ₹2,497.84 lakhs and net loss of ₹62.76 lakhs for the quarter.