Financial Performance Highlights FY 2025-26
Key Financial Figures (₹ in Crores)
- Total Income: ₹341.20 Cr (up 10% from ₹310.80 Cr in FY25)
- EBITDA: ₹26.35 Cr (up 3.5% from ₹25.45 Cr in FY25)
- Profit Before Tax: ₹14.05 Cr (up 12.1% from ₹12.53 Cr in FY25)
- Net Profit: ₹9.17 Cr (up 1.6% from ₹9.03 Cr in FY25)
- Finance Cost: ₹4.71 Cr (down from ₹5.88 Cr in FY25)
- Depreciation: ₹7.59 Cr (up from ₹7.05 Cr in FY25)
- Taxation: ₹4.64 Cr (up from ₹3.50 Cr in FY25)
Business Segment Performance
- Automotive Components & Other Products: ₹261 Cr (up 24% from ₹210 Cr in FY25)
- Consumer Durables: ₹80 Cr (down from ₹100 Cr in FY25)
Six-Year Financial Trend (₹ in Crores)
| Year | EBITDA | Finance Cost | PBT | PAT | Net Worth | Long-term Debt |
| FY21 | 7.84 | 3.76 | 1.67| 1.27| 25.80 | 15.65 |
| FY22 | 13.10 | 4.43 | 4.94| 3.63| 29.41 | 16.43 |
| FY23 | 17.76 | 5.05 | 8.64| 6.15| 35.37 | 10.85 |
| FY24 | 23.00 | 5.33 | 11.70| 8.42| 43.09 | 10.76 |
| FY25 | 25.45 | 5.87 | 12.53| 9.03| 51.38 | 9.31 |
| FY26 | 26.35 | 4.71 | 14.05| 9.17| 60.02 | 11.54 |
Long-term Debt-to-Equity Ratio: Improved from 0.60 in FY21 to 0.19 in FY26
Dividend Declaration
- Recommended Final Dividend: ₹1.50 per equity share (15% on face value of ₹10 each)
- Record Date: 14th September 2026
- Payment: Within 30 days from AGM date, subject to approval
Annual General Meeting Details
37th AGM Schedule
- Date: Monday, 21st September 2026
- Time: 10:15 A.M.
- Venue: Arihanth Hall, Madras Hotel Ashoka, 47, Pantheon Road, Egmore, Chennai-600008
- Remote e-Voting Window: 18th to 20th September 2026
- Record Date: 14th September 2026
AGM Agenda
Ordinary Business
1. Adoption of Audited Standalone Financial Statements for FY 2025-26
2. Declaration of Final Dividend of ₹1.50 per share for FY 2025-26
3. Re-appointment of Mr. Sudershan Parakh (DIN: 01161124) as Director retiring by rotation
Special Business
4. Re-appointment of M/s. CA Patel & Associates as Statutory Auditors for 5 years with remuneration of ₹5 lakhs p.a. for first three years and maximum 20% increase for remaining tenure
5. Re-appointment of Mr. Arihant Parakh (DIN: 07933966) as Managing Director for 3 years from 25th September 2026 to 24th September 2029
Board and Management Details
Board of Directors as on 31-03-2026
- Shri Hemant Chordia: Chairman (Independent Director)
- Shri Arihant Parakh: Managing Director (DIN: 07933966)
- Shri Sudershan Parakh: Director (DIN: 01161124)
- Shri Alok Parakh: Director (DIN: 01417398) - appointed w.e.f. 12-09-2025
- Smt Deepa Venkat Ramani: Independent Director (DIN: 07143610)
- Shri Venkatesan N: Executive Director (DIN: 09760588)
Key Managerial Personnel
- Mr. Arihant Parakh: Managing Director
- Mr. Sai Krishna Alluri: Chief Financial Officer (appointed w.e.f. 01-07-2025)
- Mr. Abishek S: Company Secretary & Compliance Officer
Changes in Management
- Mr. Manikandan R: Chief Financial Officer retired on 30-06-2025 after superannuation
- Mrs. Manju Parakh: Director did not offer herself for re-appointment and ceased w.e.f. 11-09-2025
Operational Highlights and Strategic Updates
Manufacturing Expansion
- New Plant at SriCity, Andhra Pradesh: On track to commence commercial operations between October and December 2026
- Manufacturing Footprint: 6 facilities across 4 states (Tamil Nadu, Himachal Pradesh, Puducherry, Andhra Pradesh)
Sustainability Initiatives
- 240 KW rooftop solar installation at Irungattukottai plant
- Participation in renewable power Group Captive scheme at Irungattukottai and Hosur plants
Business Environment
- GST Council rationalization: Auto component taxation standardized at flat 18% (replacing earlier 18-28% range)
- Market Position: Net sales grown almost fourfold in six years from ₹89.70 Cr in FY21 to ₹341.20 Cr in FY26
Key Milestones (1989-2026)
- Incorporated in 1989 as Hi-Tech Plastics Pvt. Ltd
- Went public and listed on BSE in 1995
- Renamed to National Plastic Technologies Ltd in 2008
- Current manufacturing facilities: Irungattukottai, Himachal Pradesh, Pondicherry, Hosur 1, Hosur 2, and upcoming AP plant
Corporate Governance and Compliance
Board Meetings
- 4 Board meetings held during FY 2025-26 on 27-05-2025, 29-07-2025, 31-10-2025 and 02-02-2026
Committee Composition
- Audit Committee: Shri Hemant Chordia (Chairman), Smt Deepa Venkat Ramani, Shri Sudershan Parakh
- Nomination and Remuneration Committee: Smt Deepa Venkat Ramani (Chairman), Shri Hemant Chordia, Shri Sudershan Parakh
- Stakeholders Relationship Committee: Shri Hemant Chordia (Chairman), Shri Sudershan Parakh, Smt Deepa Venkat Ramani
Auditor Appointments
- Statutory Auditors: M/s. CA Patel & Associates (FRN: 014055S) - proposed for reappointment
- Internal Auditors: M/s. Smaya & Associates
- Secretarial Auditors: M/s. P Muthukumaran & Associates
Compliance Status
- No material fraud reported by auditors under section 143(12) of Companies Act, 2013
- No significant material order passed by regulators/courts impacting going concern status
- All related party transactions at arm's length and in ordinary course of business
Capital Structure and Shareholding
Equity Share Capital
- Paid-up Equity Share Capital: ₹6.08 Cr (60,78,330 equity shares of ₹10 each)
- No change in share capital during the year
Shareholding Pattern (as on 31-03-2026)
- Promoters & Promoter Group: 66.34%
- Public: 33.66%
- Dematerialized Holdings: 95.70%
- Physical Holdings: 4.30%
Major Shareholders
- Shri Sudershan Parakh: 15,18,505 shares (24.98%)
- Shri Arihant Parakh: 7,02,284 shares (11.55%)
- National Polyplast (India) Pvt Ltd: 5,99,996 shares (9.87%)
Related Party Transactions
Material Transactions at Arm's Length Basis
- Purchase of goods from National Autoplast: ₹138.65 lakhs
- Purchase of goods from National Polyplast: ₹44.21 lakhs
- Sale of goods to National Autoplast: ₹13.55 lakhs
- Sale of goods to National Polyplast: ₹4.69 lakhs
- Purchase of movable fixed assets: ₹188.80 lakhs from National Autoplast
- Donation to Panadevi Bachhraj Parakh Charitable Trust: ₹3.00 lakhs
All transactions were in ordinary course of business and at market prices.
CSR Activities
CSR Committee
- Chairman: Arihant Parakh
- Members: Hemant Chordia, Deepa Venkat Ramani
CSR Expenditure
- CSR Obligation: ₹21.88 lakhs (2% of average net profit)
- Amount Spent: ₹22.00 lakhs
- Areas: Healthcare (₹9.00 lakhs), Education (₹13.00 lakhs)
Implementation
Through implementing agencies: Little Hearts Trust, MS Dadha Foundation, MERT-30 Trust, Premsagar Foundation, Panadevi Bachhraj Parakh Charitable Trust
Risk Management
Key Risks Identified
- Credit Risk: Risk of financial loss if customers fail to meet contractual obligations
- Liquidity Risk: Risk of inability to meet financial obligations
- Market Risk: Includes foreign currency risk and interest rate risk
- Customer Concentration Risk: More than 90% of sales from top 5 customers
Risk Mitigation
- Engaging with potential customers to reduce concentration risk
- Added Hero Moto Corp Ltd as customer in FY26
- Cost pressures passed on to customers
- Close watch on geopolitical risks and cost pressures
Employee Information
Workforce Strength
- Total Employees: 422 as on 31-03-2026
- Industrial Relations: Cordial and peaceful throughout the year
Employee Benefits
- Gratuity Liability: ₹111.60 lakhs (as per actuarial valuation)
- No complaints under Sexual Harassment of Women at Workplace Act, 2013
Important Dates and Calendar
Tentative Calendar for FY 2026-27
- Q1 Results: 31st July 2026
- Q2 Results: On or before 14th November 2026
- Q3 Results: On or before 14th February 2027
- Q4 Results: On or before 30th May 2027
- Next AGM: July/August/September 2027