Board Meeting Details

The Board meeting commenced at 12:30 PM and concluded at 12:55 PM on 29th October, 2026.

Key Decisions and Updates

1. Financial Results Approval: The Board approved the unaudited standalone financial results for the second quarter and half year ended 30th September, 2026.

2. Auditor Review: 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 Q2 and H1 FY2027.

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

4. Manufacturing Expansion: The Managing Director informed the Board about the ongoing expansion of manufacturing capabilities to produce pipes of up to 5,000 mm diameter, significantly increasing from the current range of 3,000-3,600 mm. A Chinese technician is assisting with this expansion. Necessary preparations are in progress, and commercial production of the larger diameter pipes is expected to commence in November 2026. This expansion is expected to enhance manufacturing capabilities and cater to wider customer requirements.

Financial Results Highlights (Standalone, ₹ in Lakhs)

Quarter Ended 30th September, 2026 (Q2 FY2027):

  • Net Sales/Income from Operations: ₹421.30
  • Other Income: ₹9.58
  • Total Income: ₹430.88
  • Total Expenses: ₹384.91
  • Profit Before Tax: ₹45.91
  • Current Tax Expense: ₹11.55
  • Net Profit After Tax: ₹34.35
  • Earnings Per Share (Basic & Diluted): Not quantified in disclosure

Half Year Ended 30th September, 2026 (H1 FY2027):

  • Net Sales/Income from Operations: ₹839.08
  • Other Income: ₹20.40
  • Total Income: ₹859.48
  • Total Expenses: ₹774.69
  • Profit Before Tax: ₹84.79
  • Current Tax Expense: ₹21.28
  • Net Profit After Tax: ₹63.51

Comparative Performance (H1 FY2027 vs H1 FY2026):

  • Total Income: ₹859.48 lakh (vs ₹637.05 lakh in H1 FY2026)
  • Net Profit After Tax: ₹63.51 lakh (vs ₹90.67 lakh in H1 FY2026)

Balance Sheet Highlights (as of 30th September, 2026):

  • Property, Plant and Equipment: ₹422.74 lakh
  • Capital Work-in-Progress: ₹616.13 lakh
  • Total Non-Current Assets: ₹7,277.57 lakh
  • Inventories: ₹177.94 lakh
  • Trade Receivables (Current): ₹70.98 lakh
  • Cash and Cash Equivalents: ₹237.75 lakh
  • Total Current Assets: ₹607.29 lakh
  • Total Assets: ₹1,884.96 lakh

Cash Flow Statement (H1 FY2027):

  • Net Cash Used in Operating Activities: ₹(24.99) lakh
  • Net Cash Used in Investing Activities: ₹(522.52) lakh
  • Net Cash Used in Financing Activities: ₹0
  • Net Decrease in Cash: ₹(547.51) lakh
  • Cash at Beginning: ₹785.26 lakh
  • Cash at End: ₹237.75 lakh

Additional Information

  • The financial results have been reviewed by the Audit Committee and approved by the Board.
  • The company operates in a single segment: "Polymer Processing."
  • Results are prepared in compliance with Indian Accounting Standards (Ind AS).
  • Income tax provision is made at prevailing rates after adjustments.
  • Previous period figures have been regrouped/reclassified for comparability.
  • The financial results are being advertised in newspapers as per Regulation 47 of SEBI LODR and made available on the company website: http://kunststoffeindia.com/