Key Financial Figures - Standalone (₹ in Lakhs)

Quarter Ended June 30, 2026:

  • Revenue from Operations: ₹10,854.10
  • Other Income: ₹109.78
  • Total Income: ₹10,963.88
  • Profit Before Tax: ₹1,136.66
  • Current Tax: ₹175.22
  • Deferred Tax: ₹6.73 (credit)
  • Net Profit: ₹968.17
  • Basic EPS: ₹2.40
  • Diluted EPS: ₹2.31

Comparative Performance:

  • Revenue increased 21% YoY (from ₹8,999.16 in Q1 FY2026)
  • PAT increased 36% YoY (from ₹505.99 in Q1 FY2026)
  • PAT increased 36% QoQ (from ₹711.18 in Q4 FY2026)

Key Financial Figures - Consolidated (₹ in Lakhs)

Quarter Ended June 30, 2026:

  • Revenue from Operations: ₹10,912.57
  • Other Income: ₹79.68
  • Total Income: ₹10,992.25
  • Profit Before Tax: ₹1,151.15
  • Current Tax: ₹264.22
  • Deferred Tax: ₹6.38 (credit)
  • Net Profit: ₹893.31
  • Basic EPS: ₹2.21
  • Diluted EPS: ₹2.13

Segment Analysis - Standalone

Manufacturing Segment (FIBC, Woven Sacks/Bags, Tarpaulin, etc.):

  • Revenue: ₹10,819.34 lakhs
  • Segment Result: ₹1,544.44 lakhs
  • Segment Assets: ₹32,537.75 lakhs
  • Segment Liabilities: ₹15,233.89 lakhs

Other Segments (Trading of Granules, Solar Power):

  • Revenue: ₹10.85 lakhs
  • Segment Result: ₹43.35 lakhs
  • Segment Assets: ₹1,338.72 lakhs
  • Segment Liabilities: ₹291.46 lakhs

Capital Structure

  • Paid-up Share Capital: ₹403.392 lakhs (Face Value ₹10/-)
  • Reserves (excluding revaluation): ₹13,349.03 lakhs

Operational Highlights

  • Company commenced commercial production of expanded capacity at its Techtex Unit on July 22, 2026
  • Expansion of SEZ unit is still in progress
  • Capital expenditure on expansion capitalized under Capital Work in Progress
  • Company has 1.0 MW solar power project for captive consumption

Subsidiary and Associate Information

Consolidated entities include:

  • Commercial Syn Bags Limited (Parent)
  • Consyn India Private Limited (Wholly Owned Subsidiary)
  • Consyn International Private Limited [formerly Erawat Vegcap Private Limited] (Step-down Subsidiary)
  • Smartlift Bulk Packaging Limited, UK (Associate)
  • Smartlift Bulk Packaging (Ireland) Limited, Ireland (Subsidiary of Associate)

Land Acquisition Issue:

  • Consyn India Private Limited has 99-year lease land from MPIDC - RO Indore (from January 12, 2022 to January 11, 2121)
  • Central Government issued notification u/s 3A of National Highways Act, 1956 on June 24, 2024 for land acquisition for NHAI projects
  • Construction work stopped due to acquisition notification
  • Company filed objection before Sub Divisional Magistrate and writ petition before Hon'ble High Court, Indore
  • Interim relief granted: Company shall not be disposed from the land
  • Final area to be acquired yet to be demarcated
  • Company continues to recognize lease liabilities and right of use assets pending final court order

Preferential Issue Update

  • Received in-principal approval for issuance of warrants on preferential basis
  • Board allotted 20,00,000 convertible warrants of ₹72 each to promoters and promoter group on March 20, 2025
  • Received 25% upfront money: ₹360.00 lakhs
  • Converted 3,87,000 warrants into equity shares
  • No further receipt of funds or conversion during quarter ended June 30, 2026

Audit Review

  • Limited review conducted by Ashok Kumar Agrawal & Associates, Chartered Accountants
  • Review performed under SRE 2410
  • No material misstatements identified
  • Associate Smartlift Bulk Packaging Limited, UK and its subsidiary not reviewed (immaterial to group)

Board Meeting Details

  • Meeting held on Saturday, August 8, 2026
  • Commenced at 5:00 PM, concluded at 6:45 PM
  • Results to be published in English and Hindi newspapers
  • XBRL filing in process

Performance Drivers

Management attributes improved performance to:

  • Higher crude oil prices
  • Improved realizations
  • Favorable export market
  • Wide range of product mix