Financial Highlights – FY2026
Kshitij Polyline Limited reported a significant financial turnaround for FY2026 with improved performance across all key parameters:
- Revenue from Operations increased by 46.3% to ₹44.75 crore from ₹30.58 crore in FY2025
- Total Income increased to ₹46.92 crore from ₹32.38 crore in FY2025
- Profit Before Tax (PBT) stood at ₹3.97 crore compared to a loss of ₹9.47 crore in FY2025
- Profit After Tax (PAT) stood at ₹3.55 crore compared to a loss of ₹9.30 crore in FY2025
- Net Worth increased by 88% to ₹62.74 crore from ₹33.38 crore in FY2025
- Total Assets expanded by 67% to ₹88.19 crore from ₹52.77 crore in FY2025
The turnaround reflects improved operational efficiencies, better capacity utilization, strengthened market presence and disciplined financial management.
Strategic Acquisition Update
The Company completed full and final payment obligations towards the acquisition of Omkar Speciality Chemicals Limited in accordance with the Resolution Plan approved by the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench. The transaction awaits receipt of the final NCLT order and completion of consequential legal formalities.
The acquisition is expected to significantly strengthen Kshitij Polyline's presence in the specialty chemicals segment and create opportunities for revenue diversification, margin enhancement and long-term value creation.
Manufacturing Expansion and Capacity Build-up
During FY2026, the Company continued to strengthen its manufacturing infrastructure:
- Property, Plant & Equipment increased substantially during the year
- Commenced operations at expanded manufacturing facilities
- Investments in plant and machinery and expansion of production capabilities
Entry into Plastic Recycling Business
The Company has initiated expansion into the plastic recycling segment as part of its sustainability-focused growth strategy:
- Planning and deploying advanced recycling machinery and processing infrastructure
- Objectives include increasing recycling capacity, supporting circular economy initiatives, enhancing sustainability credentials, creating new revenue streams, and serving growing domestic and export demand for recycled products
Resolution Plan for BIL Vyapar Limited
Kshitij Polyline has submitted a Resolution Plan for BIL Vyapar Limited, a company listed on both NSE and BSE, under the Insolvency and Bankruptcy framework. Any outcome remains subject to approvals from the Committee of Creditors, NCLT and other regulatory authorities.
Business Platform Diversification
The Company is building a diversified business platform spanning:
- Plastic Sheets and Films Manufacturing
- Polymer Processing
- Specialty Chemicals
- Plastic Recycling
- Strategic Acquisitions
- Value-Accretive Corporate Opportunities
Management Commentary
Management stated that FY2026 has been a landmark year with successful financial transformation, strengthened balance sheet, expanded manufacturing capabilities, and advanced strategic initiatives. They highlighted the completion of Omkar Speciality Chemicals payment obligations as a major milestone and emphasized their vision of building a diversified, future-ready industrial platform.
Outlook
The Company remains focused on:
- Completion and integration of Omkar Speciality Chemicals
- Expansion of specialty chemical operations
- Commissioning of recycling infrastructure and machinery
- Capacity enhancement across manufacturing operations
- Strategic inorganic growth opportunities
- Strengthening profitability and return on capital employed
- Creating sustainable long-term shareholder value
Safe Harbour Statement
The release contains forward-looking statements, and actual results may differ due to economic conditions, market dynamics, regulatory developments, approvals and other factors beyond the Company's control.