Nahar Poly Films Limited Annual Report 2025-26 Comprehensive Summary

Document Dates: August 29, 2026 (Regulatory Filing) & May 28, 2026 (Auditor's Report)

Financial Performance Highlights

Standalone Financials (₹ Crores):

  • Total Income: ₹729.03 (FY25: ₹684.87) - 6.45% increase
  • Profit Before Tax: ₹91.64 (FY25: ₹52.36) - 75.02% increase
  • Net Profit: ₹68.27 (FY25: ₹36.36) - 87.76% increase
  • Total Comprehensive Income: ₹65.25 (FY25: (₹2.04))

Consolidated Financials (₹ Crores):

  • Revenue from operations: ₹704.20 (Previous year: ₹665.94)
  • Profit Before Tax: ₹90.65 (Previous year: ₹51.37) - 76.46% increase
  • Net Profit (including share from associates): ₹78.84 (Previous year: ₹47.38) - 66.40% increase
  • Share of Profit from Associates: ₹11.56 crore (Previous year: ₹12.01 crore)
  • Earnings per share (basic and diluted): ₹32.06 (Previous year: ₹19.27)

Dividend Declaration

  • Recommended final dividend of ₹1.50 per equity share of ₹5 each (30%)
  • Dividend payable to shareholders whose names appear in Register of Members as on September 4, 2026
  • Register of Members to remain closed from September 5-9, 2026 for dividend purpose
  • TDS will be deducted as per Income Tax Act, 2025

Expansion Plans

  • Installing third BOPP film line with capacity of 36,000 MT per annum at Village Simrai, Mandideep, District Raisen, Madhya Pradesh
  • Capital outlay: Approximately ₹595 crores
  • Financing: Combination of term loans and internal accruals
  • Expected completion: Financial year 2027-2028
  • Post-expansion capacity: 96,000 MT per annum
  • Capital commitments: ₹196.53 Cr for contracts remaining to be executed

Annual General Meeting Details

  • Date: September 25, 2026
  • Time: 11:30 AM
  • Mode: Video Conference (VC) / Other Audio Visual Means (OAVM)
  • Cut-off date for e-voting: September 18, 2026
  • Remote e-voting period: September 22-24, 2026 (9:00 AM to 5:00 PM)

Business Items for AGM

Ordinary Business:

1. Adoption of standalone and consolidated financial statements for FY26

2. Declaration of dividend of ₹1.50 per share

3. Re-appointment of Mr. Kamal Oswal and Mr. Dinesh Gogna as Non-Executive Directors

Special Business:

4. Ratification of remuneration to Cost Auditors M/s. Khushwinder Kumar & Associates for FY27

5. Re-appointment of four Independent Directors for second terms

Auditor's Opinion and Key Findings

  • Auditor YAPL & Co. issued an unmodified opinion stating financial statements give true and fair view in conformity with Indian Accounting Standards
  • No key audit matters were identified requiring communication in the report
  • Unmodified opinion on adequacy and operating effectiveness of internal financial controls
  • Company has disclosed impact of pending litigations on financial position
  • No funds advanced to intermediaries with understanding to lend to ultimate beneficiaries

Balance Sheet Position

  • Total assets: ₹999.93 Cr (Previous year: ₹947.99 Cr)
  • Total equity: ₹866.77 Cr (Previous year: ₹801.71 Cr)
  • Non-current borrowings: ₹44.70 Cr (Previous year: ₹78.23 Cr)
  • Current borrowings: ₹34.25 Cr (Previous year: ₹17.28 Cr)
  • Investments: ₹607.45 Cr (Previous year: ₹576.19 Cr)

Investments Portfolio

Non-current Investments: ₹607.45 Cr comprising:

  • Investments in associates (Nahar Capital & Financial Services Ltd): ₹360.04 Cr
  • Equity instruments at FVOCI: ₹145.29 Cr
  • Tax-free bonds: ₹2.18 Cr
  • Mutual funds, debentures and bonds at FVTPL: ₹97.70 Cr
  • Unquoted investments: ₹2.24 Cr

Corporate Governance

Board Composition:

  • Total Directors: 12
  • Chairman: Mr. Jawahar Lal Oswal (Non-Executive, Promoter)
  • Managing Director: Mr. Sambhav Oswal
  • Executive Director: Mr. Satish Kumar Sharma
  • Non-Executive Directors: 4
  • Independent Directors: 6 (including 2 women independent directors)

Key Managerial Personnel:

  • Mr. Sambhav Oswal (Managing Director)
  • Mr. Satish Kumar Sharma (Executive Director)
  • Mr. Rakesh Kumar Jain (Chief Financial Officer)
  • Ms. Sakshi Maheshwari (Company Secretary & Compliance Officer)

Credit Rating

  • Long Term Bank Facilities: CARE A; STABLE (Reaffirmed on April 7, 2026)
  • Short Term Bank Facilities: CARE A1 (Reaffirmed on April 7, 2026)

Key Ratios and Metrics

  • Current ratio: 2.04 (Previous year: 3.19)
  • Debt-equity ratio: 0.08 (Previous year: 0.12)
  • Return on equity: 9.45% (Previous year: 5.92%)
  • Net profit ratio: 14.51% (Previous year: 9.52%)
  • Inventory turnover ratio: 9.34 (Previous year: 11.80)

Important Dates

  • Book Closure: September 5-9, 2026
  • Dividend Payment: On or before October 5, 2026
  • E-voting: September 22-24, 2026
  • AGM: September 25, 2026