Board Meeting Details

The Board Meeting was held on Wednesday, 12th August 2026 at the Registered Office of the Company. The meeting commenced at 05:30 PM and concluded at 06:00 PM.

Key Decisions and Approvals

  • No leave of absence was granted to any Director
  • Minutes of previous Board Meeting and various committee meetings (Audit Committee, NRC Committee, Stakeholders Relationship Committee) for quarter ended 30/06/2026 were reviewed and approved
  • Draft of Un-Audited Quarterly Financial Result for Q1 ended 30th June 2026 was considered, reviewed and approved
  • Draft of Limited Review Report of the Auditors for Unaudited Financial Results for quarter ended 30/06/2026 was approved
  • Integrated Financial Results IND AS in prescribed XBRL format were approved for submission
  • Managing Director Ashish D Panchal was authorized to submit the financial results to stock exchange

Financial Results for Quarter Ended 30/06/2026 (Unaudited)

Income Statement (₹ in Lakhs):

  • Revenue from Operations: ₹342.61
  • Other Income: ₹63.96 (primarily ₹63.83 Lakhs unrealized fair value gain on mutual fund investments)
  • Total Revenue: ₹406.57

Expenses (₹ in Lakhs):

  • Cost of Materials consumed: ₹253.52
  • Employee benefits expense: ₹17.18
  • Finance Costs: ₹2.90
  • Depreciation and amortisation expense: ₹7.16
  • Other Expenses: ₹38.93
  • Total Expenses: ₹341.85

Profitability (₹ in Lakhs):

  • Profit before tax: ₹64.72
  • Tax Expense: ₹(3.85) [Current tax: ₹0.35, Deferred tax: ₹(4.20), Excess/(Short) Provision of Earlier Years: ₹0.50]
  • Net Profit for the period after tax: ₹68.57
  • Total Comprehensive Income: ₹68.27

Per Share Data:

  • Paid-up Equity Share Capital (Face Value of ₹10 each): ₹339.75 Lakhs
  • Basic EPS: ₹2.02
  • Diluted EPS: ₹2.02

Comparative Financial Performance

Quarter ended 30.06.2026 vs Previous Periods (₹ in Lakhs):

  • Revenue from Operations: ₹342.61 (Q1 FY26: ₹373.94, Q4 FY26: ₹404.95, FY26 Annual: ₹1,502.06)
  • Net Profit: ₹68.57 (Q1 FY26: ₹39.12, Q4 FY26: ₹(34.07), FY26 Annual: ₹13.03)

Additional Business Information

  • The company is primarily engaged in manufacturing and sale of PVC Pipes, which constitutes a single reportable segment
  • Financial results prepared in accordance with Indian Accounting Standards (Ind AS)
  • Results reviewed by Audit Committee and approved by Board of Directors
  • Results available on company website (www.ashishpolyplast.com) and BSE website

AGM Planning

Board authorized Mr. Ashish D Panchal to finalize details for Annual General Meeting for year ended 31/03/2026, including:

  • Date, day, time, venue and mode of holding AGM
  • Record Date and Book Closure Dates
  • Mode of Remote E-voting and Physical E-voting
  • Appointment of E-voting Agency

Auditor Review

M.R. Pandhi & Associates, Chartered Accountants conducted limited review and confirmed that nothing has come to their attention that causes them to believe the financial results contain any material misstatement.

Compliance Status

Company noted various declarations made in Integrated Financial Results and compliance with Regulation 33 of SEBI (LODR).