HCP Plastene Bulkpack FY26 Results Resubmission with Audit

Revenue from Operations: ₹58,750.76 Lakhs (Previous Year: ₹46,343.54 Lakhs)
Total Income: ₹59,959.16 Lakhs (PY: ₹46,811.32 Lakhs)
Profit Before Tax: ₹3,980.12 Lakhs (PY: ₹1,797.96 Lakhs)
Tax Expense: ₹1,100.89 Lakhs (Current Tax: ₹450.51 Lakhs; Deferred Tax: ₹650.38 Lakhs)
Net Profit for the period (after tax): ₹2,879.23 Lakhs (PY: ₹1,333.08 Lakhs)
Total Comprehensive Income: ₹2,883.33 Lakhs (PY: ₹1,342.13 Lakhs)
Net Profit Attributable to Owners: ₹2,319.97 Lakhs (PY: ₹962.56 Lakhs)
Paid-up Equity Share Capital: ₹1,067.48 Lakhs (Face Value: ₹10 per share)
Basic EPS (Continuing Operations): ₹27.01 (PY: ₹12.57)
Diluted EPS (Continuing Operations): ₹21.60 (PY: ₹12.50)

Total Assets: ₹37,846.76 Lakhs (PY: ₹28,507.88 Lakhs)
Non-Current Assets: ₹9,679.64 Lakhs (PY: ₹10,547.86 Lakhs)
Current Assets: ₹28,167.12 Lakhs (PY: ₹17,960.02 Lakhs)
Inventories: ₹8,051.45 Lakhs (PY: ₹5,623.60 Lakhs)
Trade Receivables: ₹11,399.61 Lakhs (PY: ₹9,888.96 Lakhs)
Cash & Cash Equivalents: ₹1,545.35 Lakhs (PY: ₹77.89 Lakhs)
Total Equity: ₹10,718.02 Lakhs (PY: ₹7,916.37 Lakhs)
Non-Current Liabilities: ₹6,169.48 Lakhs (PY: ₹3,597.55 Lakhs)
Long-term Borrowings: ₹5,488.73 Lakhs (PY: ₹3,243.48 Lakhs)
Current Liabilities: ₹20,959.27 Lakhs (PY: ₹16,993.95 Lakhs)
Current Borrowings: ₹18,954.35 Lakhs (PY: ₹15,779.18 Lakhs)

Total Assets: ₹19,118.18 Lakhs (PY: ₹11,043.46 Lakhs)
Non-Current Assets: ₹5,513.55 Lakhs (PY: ₹6,133.17 Lakhs)
Current Assets: ₹13,604.63 Lakhs (PY: ₹4,910.29 Lakhs)
Inventories: ₹3,253.70 Lakhs (PY: ₹1,511.86 Lakhs)
Trade Receivables: ₹5,094.74 Lakhs (PY: ₹2,927.62 Lakhs)
Cash & Cash Equivalents: ₹17.66 Lakhs (PY: ₹35.05 Lakhs)
Total Equity: ₹6,423.70 Lakhs (PY: ₹4,777.80 Lakhs)
Non-Current Liabilities: ₹3,472.72 Lakhs (PY: ₹1,812.60 Lakhs)
Long-term Borrowings: ₹3,334.59 Lakhs (PY: ₹1,800.44 Lakhs)
Current Liabilities: ₹9,221.77 Lakhs (PY: ₹4,453.06 Lakhs)
Current Borrowings: ₹8,154.33 Lakhs (PY: ₹4,018.13 Lakhs)

The company operates in two segments:

Woven Sacks Division: Revenue ₹58,517.45 Lakhs; Segment Result (PBIT) ₹5,931.13 Lakhs; Assets ₹34,476.90 Lakhs
Label Division: Revenue ₹233.31 Lakhs; Segment Result (PBIT) ₹92.10 Lakhs; Assets ₹1,704.93 Lakhs

Woven Sacks Division: Revenue not separately stated in standalone segment table; Segment Result (PBIT) ₹2,953.61 Lakhs; Assets ₹15,748.30 Lakhs
Label Division: Revenue not separately stated in standalone segment table; Segment Result (PBIT) ₹92.10 Lakhs; Assets ₹1,704.93 Lakhs

The consolidated results include the financials of K P Woven Private Limited (Subsidiary). Its audited standalone financial statements reflect:
Total Assets: ₹20,579.63 Lakhs as at 31 March 2026
Total Revenues: ₹40,215.62 Lakhs for the year ended 31 March 2026
Net Profit After Tax: ₹1,149.10 Lakhs
Net Cash Inflows: ₹1,484.85 Lakhs
The company's Joint Venture, HCP Plastene Bulkpack Plt., Malaysia, was dissolved during the year (effective 27.03.2026) per applicable Malaysian laws.
The investment was derecognized, and the resultant impact recognized per Ind AS 110.
Management represents no further obligations, contingent liabilities, claims, or exposures exist for this JV.

Net Cash from Operating Activities: ₹-759.44 Lakhs
Net Cash used in Investing Activities: Not fully quantified in provided data
Net Cash from Financing Activities: ₹918.23 Lakhs
Net Decrease in Cash: ₹-17.39 Lakhs
Closing Cash Balance: ₹17.66 Lakhs

The Audit Committee reviewed and the Board of Directors approved the results at their meetings held on 28th May 2026.
The resubmission was signed by Prakash Hiralal Parekh, Managing Director (DIN: 00158264).

#Tags: #HCPPlasteneBulkpack #FY2026Results #SEBIDisclosure #RegulatoryCompliance #FinancialResults #Neutral