Key Quantitative Figures

  • Total Revenue: ₹48.44 lakhs (2025-2026) vs ₹50.39 lakhs (2024-2025)
  • Profit Before Tax: ₹7.39 lakhs (2025-2026) vs ₹8.94 lakhs (2024-2025)
  • Profit After Tax: ₹5.99 lakhs (2025-2026) vs ₹8.74 lakhs (2024-2025)
  • Equity Share Capital: ₹552.85 lakhs (unchanged during year)
  • Loans to Related Parties: ₹6,203.87 lakhs outstanding as of March 31, 2026
  • Cash & Cash Equivalents: ₹4.50 lakhs as of March 31, 2026
  • Earnings Per Share: ₹0.11 (Basic and Diluted) for FY 2025-2026

Dates of Action

  • Annual Report Submission Date: August 14, 2026
  • AGM Date: September 23, 2026 at 12:30 PM IST
  • Board Meeting Dates: May 20, 2025; August 08, 2025; November 11, 2025; February 11, 2026
  • Cut-off Date for Voting: September 16, 2026
  • Remote E-voting Period: September 20, 2026 (9:00 AM) to September 22, 2026 (5:00 PM)
  • Book Closure: September 17, 2026 to September 23, 2026 (both days inclusive)

Parties Involved

  • Stock Exchanges: BSE Limited, The Calcutta Stock Exchange Limited
  • Registrar & Share Transfer Agent: MUFG Intime India Private Limited (replaced CB Management Services Private Limited effective May 08, 2026)
  • Statutory Auditors: B. Mukherjee & Co., Chartered Accountants
  • Secretarial Auditors: B.K. Barik & Associates, Practicing Company Secretary
  • Internal Auditors: GRPS & Co., Chartered Accountants
  • Scrutinizer for E-voting: Mr. Ashok Kumar Daga, Practicing Company Secretary
  • Banker: HDFC Bank

Board of Directors (as on May 04, 2026)

  • Whole-Time Director: Mr. Sajjan Kumar Sharma (DIN: 02162166)
  • Non-Executive Independent Directors: Mrs. Rashi Nagori Mehta (DIN: 09057989), Ms. Shampa Paul (DIN: 07490402)
  • Non-Executive Non-Independent Director: Mrs. Ananya Dey (DIN: 01297763)
  • Company Secretary & CFO: Mr. Navdeep Bhansali (ACS: 60924)

AGM Business Items

Ordinary Business:

1. Adoption of audited financial statements for FY 2025-2026

2. Re-appointment of Mrs. Ananya Dey who retires by rotation

Special Business:

3. Re-appointment of Mr. Sajjan Kumar Sharma as Whole-Time Director for 5 years from November 01, 2026 with remuneration of ₹3.22 lakhs per annum (CTC)

4. Re-appointment of Mrs. Rashi Nagori Mehta as Independent Director for second term of 5 years from September 29, 2026

5. Re-appointment of Ms. Shampa Paul as Independent Director for second term of 5 years from April 15, 2027

Financial Performance Analysis

  • Revenue Decline: 3.88% decrease from previous year (₹50.39 lakhs to ₹48.44 lakhs)
  • Profit Decline: 31.45% decrease in PAT (₹8.74 lakhs to ₹5.99 lakhs)
  • Current Ratio: 95.62% (improved from 87.99% in previous year)
  • Return on Equity: 0.94% (decreased from 1.39% in previous year)
  • No dividend recommended due to paucity of funds

Related Party Transactions

  • Loans to Bbigplas Poly Private Limited (Promoter/Holding Company): ₹6,203.87 lakhs outstanding as of March 31, 2026
  • Interest Income from Related Parties: ₹48.26 lakhs received during FY 2025-2026
  • Office Space License: Paying ₹10,000 per month to Bbigplas Poly Private Limited for office premises
  • Security Deposit: ₹50,000 paid as refundable security deposit

Capital Structure Impact

  • No change in equity share capital during the year
  • No issuance of shares with differential rights, sweat equity, or stock options
  • No buyback or other capital restructuring activities

Cash Flow Implications

  • Net Cash from Operating Activities: Negative ₹47.06 lakhs
  • Net Cash from Investing Activities: Positive ₹48.44 lakhs (primarily interest income)
  • Net Increase in Cash: ₹1.38 lakhs

Governance and Compliance

  • All directors attended all 4 board meetings during the year
  • Company has established vigil mechanism/whistle blower policy
  • No fraud reported by auditors under Section 143(12) of Companies Act
  • No material orders passed by regulators or courts
  • CSR provisions not applicable to the company

Future Outlook Statements

The global plastic compounding industry is expected to witness sustained growth supported by demand from automotive, electrical, healthcare, packaging, and industrial manufacturing sectors. Environmental sustainability remains a key growth driver with increasing focus on recycled and bio-based compounds. The company anticipates opportunities from technological innovation and expanding end-use applications.

Risk Factors Identified

  • Compliance risk due to frequent changes in laws and regulations
  • Financial risk including default and liquidity risks
  • Security risk related to cybersecurity
  • Human resource risks
  • Environmental risks including climate action failure and biodiversity loss
  • Volatile raw material and supply chain costs