Financial Results Overview

Quarter Ended 30/09/2026 (Q2 FY27)

  • Revenue from Operations: ₹388.04 lakhs
  • Other Income: ₹7.12 lakhs
  • Total Revenue: ₹395.16 lakhs
  • Total Expenses: ₹381.18 lakhs
  • Profit Before Tax: ₹13.98 lakhs
  • Tax Expense: ₹8.98 lakhs (Current tax: ₹1.71 lakhs, Deferred tax: ₹7.28 lakhs)
  • Net Profit: ₹5.00 lakhs
  • Earnings Per Share (Basic/Diluted): ₹0.15

Quarter Ended 30/06/2026 (Q1 FY27)

  • Revenue from Operations: ₹342.61 lakhs
  • Other Income: ₹63.96 lakhs
  • Total Revenue: ₹406.57 lakhs
  • Total Expenses: ₹341.85 lakhs
  • Profit Before Tax: ₹64.72 lakhs
  • Tax Expense: -₹3.85 lakhs (Deferred tax: -₹4.20 lakhs, Excess/Short Provision: ₹0.35 lakhs)
  • Net Profit: ₹68.57 lakhs
  • Earnings Per Share (Basic/Diluted): ₹2.02

Half Year Ended 30/09/2026 (H1 FY27)

  • Revenue from Operations: ₹730.65 lakhs
  • Other Income: ₹71.08 lakhs
  • Total Revenue: ₹801.73 lakhs
  • Total Expenses: ₹723.04 lakhs
  • Profit Before Tax: ₹78.70 lakhs
  • Tax Expense: ₹5.14 lakhs
  • Net Profit: ₹73.56 lakhs
  • Earnings Per Share (Basic/Diluted): ₹2.17

Comparative Figures (Half Year Ended 30/09/2025)

  • Revenue from Operations: ₹742.89 lakhs
  • Other Income: ₹30.11 lakhs
  • Total Revenue: ₹773.00 lakhs
  • Total Expenses: ₹735.18 lakhs
  • Profit Before Tax: ₹37.82 lakhs
  • Tax Expense: ₹5.88 lakhs
  • Net Profit: ₹31.94 lakhs
  • Earnings Per Share (Basic/Diluted): ₹0.94

Annual Figures (Year Ended 31/03/2026)

  • Revenue from Operations: ₹1,502.06 lakhs
  • Other Income: ₹0.50 lakhs
  • Total Revenue: ₹1,502.57 lakhs
  • Total Expenses: ₹1,484.08 lakhs
  • Profit Before Tax: ₹18.49 lakhs
  • Tax Expense: ₹5.45 lakhs
  • Net Profit: ₹13.03 lakhs
  • Earnings Per Share (Basic/Diluted): ₹0.38

Key Financial Metrics

Expense Breakdown (H1 FY27)

  • Cost of Materials Consumed: ₹586.11 lakhs
  • Changes in Inventories: ₹1639 lakhs (credit)
  • Employee Benefits Expense: ₹33.82 lakhs
  • Finance Costs: ₹5.47 lakhs
  • Depreciation and Amortization: ₹14.65 lakhs
  • Other Expenses: ₹66.60 lakhs

Assets and Liabilities (as at 30/09/2026)

  • Total Assets: ₹1,037.24 lakhs
  • Non-current Assets: ₹706.87 lakhs (Property, plant and equipment: ₹266.35 lakhs, Financial assets: ₹432.27 lakhs)
  • Current Assets: ₹330.36 lakhs (Inventories: ₹102.89 lakhs, Trade receivables: ₹166.75 lakhs, Cash and cash equivalents: ₹54.99 lakhs)
  • Total Equity: ₹756.49 lakhs (Equity share capital: ₹339.75 lakhs, Other equity: ₹416.74 lakhs)
  • Non-current Liabilities: ₹42.42 lakhs (Borrowings: ₹10.80 lakhs, Provisions: ₹7.29 lakhs, Deferred tax liabilities: ₹24.33 lakhs)
  • Current Liabilities: ₹238.33 lakhs (Borrowings: ₹170.00 lakhs, Trade payables: ₹36.18 lakhs to micro/small enterprises and ₹11.98 lakhs to others)

Cash Flow Statement (H1 FY27)

  • Cash Flow from Operating Activities: ₹60.08 lakhs
  • Cash Flow from Investing Activities: -₹17.54 lakhs
  • Cash Flow from Financing Activities: ₹25.33 lakhs
  • Net Increase in Cash: ₹6.89 lakhs
  • Opening Cash Balance: ₹48.10 lakhs
  • Closing Cash Balance: ₹54.99 lakhs

Board Meeting Details

  • Meeting Date: 27th October 2026
  • Meeting Time: 17:00 to 18:30
  • Documents Approved: Un-audited financial results for Q2 and H1 FY27, limited review report, statement of assets and liabilities, cash flow statement

Declarations and Compliance Statements

  • No outstanding defaults on loans and debt securities (Part-C not applicable)
  • No related party transactions to disclose (Company exempted under Regulation 15 of SEBI LODR)
  • No investment or acquisition of shares in unlisted entities during the quarter
  • No outstanding disputed tax liabilities
  • No penalties or punitive actions imposed by stock exchanges, SEBI, ROC or other regulators during the quarter
  • No impact of audit qualifications (Part-E not applicable for quarterly results)
  • No deviation in use of public issue/rights issue/preferential issue proceeds (not applicable as company hasn't raised such financing in last 12 months)

Auditor's Limited Review Report

  • Conducted by M.R. Pandhi & Associates, Chartered Accountants (Firm Registration No.: 112360W)
  • Review performed under Standard on Review Engagements (SRE) 2410
  • No material misstatements identified in the unaudited financial results
  • Financial results prepared in accordance with Ind AS 34 and other accounting principles

Notes to Financial Results

1. Previous period figures have been regrouped/reclassified where necessary

2. Company recognized net unrealized fair value gain of ₹63.83 lakhs in Q1 and ₹6.61 lakhs in Q2 on investments in mutual funds measured at FVTPL

3. Quarterly figures are balancing figures between half-year results and previously published quarterly results

4. Company operates in single reportable segment - manufacturing and sale of PVC Pipes

5. Limited review completed as required under SEBI LODR Regulation 33

6. Financial results prepared in accordance with Indian Accounting Standards (Ind AS)

7. Results reviewed by audit committee and approved by board on October 27, 2026

Additional Information

  • Paid-up Equity Share Capital: ₹339.75 lakhs (Face value of ₹10 per share)
  • Company CIN: L17110GJ1994PLC021391
  • Results available on company website (www.ashishpolyplast.com) and BSE website (www.bseindia.com)