Board Meeting Details

The Board Meeting commenced at 1:00 PM and concluded at 2:20 PM on May 26, 2026.

Key Approvals

1. Financial Results: Approved Audited Financial Results (Standalone and Consolidated) for the Quarter/Year ended March 31, 2026.

2. Dividend Recommendation: Recommended a dividend of ₹0.70 (seventy paisa) per equity share (Face Value of ₹10 each) for the financial year ended March 31, 2026. The dividend will be paid within 30 days from the date of approval at the ensuing Annual General Meeting (AGM).

3. Auditor Appointments:

  • Approved appointment of M/s Gaurav Jain & Associates, Cost Accountant, Jaipur as Cost Auditor for FY 2026-27.
  • Approved re-appointment of Mr. Manohar Sharma, Chartered Accountant, as Internal Auditor.

Consolidated Financial Results (Audited)

For Quarter Ended March 31, 2026:

  • Revenue from Operations: ₹6,973.64 lakhs
  • Other Income: ₹86.56 lakhs
  • Total Income: ₹7,060.20 lakhs
  • Total Expenses: ₹5,893.72 lakhs
  • Profit Before Tax: ₹1,166.48 lakhs
  • Total Tax: ₹333.81 lakhs
  • Profit for Period: ₹832.67 lakhs
  • EPS (Basic & Diluted): ₹7.69

For Year Ended March 31, 2026:

  • Revenue from Operations: ₹26,447.85 lakhs
  • Other Income: ₹148.87 lakhs
  • Total Income: ₹26,596.72 lakhs
  • Total Expenses: ₹22,520.57 lakhs
  • Profit Before Tax: ₹4,067.15 lakhs
  • Total Tax: ₹1,053.11 lakhs
  • Profit for Year: ₹3,014.04 lakhs
  • EPS (Basic & Diluted): ₹27.85

Segment Information (Consolidated)

The company operates in two segments:

1. Plastic Products: Manufacturing, Sales, Supply & Installation of uPVC/PVC Profiles, Sheets, Moulding, Windows & Doors

  • Q4 Revenue: ₹6,140.60 lakhs
  • FY26 Revenue: ₹22,195.15 lakhs
  • Q4 Segment Profit: ₹1,127.18 lakhs
  • FY26 Segment Profit: ₹4,036.73 lakhs

2. Modular Furniture: Manufacturing and Sales of Modular Furniture Items

  • Q4 Revenue: ₹855.42 lakhs
  • FY26 Revenue: ₹4,359.30 lakhs
  • Q4 Segment Profit: ₹99.21 lakhs
  • FY26 Segment Profit: ₹489.62 lakhs

Subsidiaries Included in Consolidation

The consolidated results include:

  • Polywood Profiles Pvt. Ltd.
  • Dynasty Modular Furnitures Pvt. Ltd.
  • Polywood Green Building Systems Pvt. Ltd.

One subsidiary had total assets of ₹5,346.26 lakhs as at March 31, 2026, with total revenue of ₹1,924.31 lakhs (quarter) and ₹7,567.91 lakhs (year), and net profit after tax of ₹342.28 lakhs (quarter) and ₹1,400.03 lakhs (year).

Standalone Financial Results (Audited)

For Quarter Ended March 31, 2026:

  • Revenue from Operations: ₹5,817.90 lakhs
  • Other Income: ₹85.21 lakhs
  • Total Income: ₹5,903.11 lakhs
  • Total Expenses: ₹5,321.32 lakhs
  • Profit Before Tax: ₹581.79 lakhs
  • Total Tax: ₹158.93 lakhs
  • Profit for Period: ₹422.86 lakhs
  • EPS (Basic & Diluted): ₹3.91

For Year Ended March 31, 2026:

  • Revenue from Operations: ₹18,735.60 lakhs
  • Other Income: ₹265.90 lakhs
  • Total Income: ₹19,001.50 lakhs
  • Total Expenses: ₹16,229.98 lakhs
  • Profit Before Tax: ₹1,873.56 lakhs
  • Total Tax: ₹452.89 lakhs
  • Profit for Year: ₹1,420.67 lakhs
  • EPS (Basic & Diluted): ₹13.12

Cash Flow Statements

Consolidated Cash Flows (FY26):

  • Net cash from operating activities: ₹818.19 lakhs
  • Net cash used in investing activities: ₹(2,616.24) lakhs
  • Net cash from financing activities: ₹1,692.62 lakhs
  • Net decrease in cash: ₹(105.42) lakhs

Standalone Cash Flows (FY26):

  • Net cash used in operating activities: ₹(327.07) lakhs
  • Net cash used in investing activities: ₹(2,071.98) lakhs
  • Net cash from financing activities: ₹2,450.67 lakhs
  • Net increase in cash: ₹51.61 lakhs

Balance Sheet Highlights

Consolidated (as at March 31, 2026):

  • Total Assets: ₹22,554.59 lakhs
  • Total Equity: ₹12,959.90 lakhs
  • Non-current Liabilities: ₹2,997.35 lakhs
  • Current Liabilities: ₹5,168.34 lakhs

Standalone (as at March 31, 2026):

  • Total Assets: ₹16,427.01 lakhs
  • Total Equity: ₹6,926.53 lakhs
  • Non-current Liabilities: ₹3,957.73 lakhs
  • Current Liabilities: ₹5,542.75 lakhs

Additional Information

  • The figures for the quarter ended March 31, 2026, are balancing figures between audited full-year figures and published year-to-date figures up to the third quarter.
  • No investor complaints were received/pending as of March 31, 2026.
  • The company has one segment of activity for standalone operations: Plastic Products.