Board Meeting Details

The Board meeting commenced at 12:30 PM and concluded at 1:20 PM on August 14, 2026.

Key Approvals and Considerations

1. Financial Results: Approved the unaudited standalone financial results for the first quarter and three months ended June 30, 2026.

2. Auditor Review: Noted that the company's auditors, M/s. Akshay Kirtikumar & Associates LLP, Chartered Accountants, issued a Limited Review Report for the standalone financial statements prepared under the Companies Act, 2013 and standalone financial results prepared under Listing Regulations for Q1 FY2027.

3. Other Reports: Considered the Share Capital Audit Report, reports of various committees, investor complaints, and other reports.

4. AGM Documentation: Considered and approved the Notice of Annual General Meeting, Directors' Report, Management Discussion & Analysis Report, and Secretarial Audit Report for the financial year 2025-2026.

5. AGM Details: Scheduled the 40th Annual General Meeting (AGM) for Tuesday, September 29, 2026, at 9:30 AM at Hotel Ocean Inn, Plot No. 20, Devka Beach, Nani Daman (U.T.) - 396 210.

6. Scrutinizer Appointment: Appointed M/s Ritesh Sharma & Associates, Company Secretary in Practice, Mumbai, as scrutinizer to scrutinize the voting process for the AGM.

Financial Results Overview (Standalone, Unaudited, Rs. in Lakhs)

Quarter Ended June 30, 2026 (Q1 FY2027) vs. Comparable Periods:

  • Net Sales/Income from Operations: ₹417.78 (vs. ₹305.69 in Q1 FY2026; ₹317.27 in Q4 FY2026)
  • Other Income: ₹10.82 (vs. ₹18.35 in Q1 FY2026; ₹14.90 in Q4 FY2026)
  • Total Income: ₹428.60 (vs. ₹324.04 in Q1 FY2026; ₹332.18 in Q4 FY2026)
  • Total Expenses: ₹389.72 (vs. ₹263.17 in Q1 FY2026; ₹294.45 in Q4 FY2026)
  • Cost of materials consumed/Purchases of stock-in-trade: ₹284.87
  • Changes in inventories: (₹11.77) credit
  • Employee benefits expense: ₹45.99
  • Depreciation & amortization: ₹3.72
  • Finance Costs: Included in 'Other expenses'
  • Other expenses: ₹66.91
  • Profit Before Tax: ₹38.88 (vs. ₹60.87 in Q1 FY2026; ₹37.72 in Q4 FY2026)
  • Tax Expense: ₹9.72 (Current Tax; vs. ₹16.00 in Q1 FY2026; Net tax credit of ₹6.25 in Q4 FY2026 due to Deferred Tax Credit of ₹11.68)
  • Net Profit After Tax: ₹29.16 (vs. ₹44.87 in Q1 FY2026; ₹43.97 in Q4 FY2026)
  • Earnings Per Share (EPS) (Basic & Diluted): ₹0.42 (vs. ₹0.65 in Q1 FY2026; ₹0.64 in Q4 FY2026)

Year-End Reference (Audited, March 31, 2026 - FY2026):

  • Net Sales/Income from Operations: ₹1,206.40
  • Other Income: ₹68.04
  • Total Income: ₹1,274.45
  • Total Expenses: ₹1,064.35
  • Profit Before Tax: ₹210.09
  • Tax Expense: ₹38.75 (Current Tax: ₹50.43; Deferred Tax Credit: ₹11.68)
  • Net Profit After Tax: ₹171.34
  • Paid-up Equity Share Capital: ₹689.00 Lakhs (68.9 lakh shares of ₹10 each fully paid)
  • Reserves (excluding Revaluation): ₹623.14 Lakhs

Additional Disclosures and Notes

  • Public Disclosure: In terms of Regulation 47 of SEBI LODR, the financial results are being advertised in newspapers and made available on the company's website (http://kunststoffeindia.com/).
  • Segment Reporting: The company operates in a single segment, "Polymer Processing," hence segment-wise reporting under Ind AS 108 is not applicable.
  • Accounting Standards: The results are prepared in compliance with Indian Accounting Standards (Ind AS) notified by the Ministry of Corporate Affairs, specifically Ind AS 34 for interim reporting.
  • Taxation: Provision for income tax is made at the prevailing rate after adjustments.
  • Comparability: Figures for the corresponding previous period have been regrouped/reclassified wherever necessary for comparability.
  • Auditor Confirmation: The limited review report from Akshay Kirtikumar & Associates LLP, dated August 14, 2026, states that based on their review, nothing has come to their attention suggesting the financial results are not disclosed properly per Regulation 33 or contain any material misstatement.