Financial Performance Summary (Figures in ₹ Lakhs)
| Particulars | FY 2025-26 | FY 2024-25 | Change |
| Revenue from operations | 8,459.64 | 9,123.33 | -7.00% |
| Other income | 50.75 | 27.71 | +83.15% |
| Total Revenue | 8,510.39 | 9,151.04 | -7.00% |
| Total Expenses | 8,380.60 | 8,853.63 | -5.34% |
| Profit before tax | 129.79 | 297.41 | -56.36% |
| Net Profit after tax | 122.34 | 213.20 | -42.62% |
| Retained Earnings | 2,006.63 | 1,884.75 | +6.46% |
Key Financial Ratios
| Ratio | FY 2025-26 | FY 2024-25 | Change |
| Current Ratio | 1.85 | 2.61 | -29.12% |
| Debt Equity Ratio | 0.18 | 0.08 | +125.00% |
| Return on Equity | 4.01% | 7.39% | -45.74% |
| Net Profit Ratio | 1.45% | 2.34% | -38.03% |
Board and Management Changes
- Mr. Dilip Nikhare resigned as Company Secretary and Compliance Officer effective 25th June, 2025
- Ms. Priyal Dangi appointed as Company Secretary and Compliance Officer effective 8th August, 2025
- Mrs. Pragya Bhartia Barwale retires by rotation and seeks reappointment at AGM
Dividend Policy
No dividend recommended for financial year 2025-26 to preserve resources for long-term growth objectives and future business expansion.
Share Capital Structure
- Authorized Capital: 50,000,000 equity shares of ₹5 each (₹2,500 lakhs)
- Issued, Subscribed and Paid-up: 22,111,500 equity shares of ₹5 each (₹1,105.58 lakhs)
- No change in share capital during the year
- Promoter Holding: KHL Finance Limited holds 60.50% (1,33,77,797 shares)
Subsidiary and Holding Company Details
- Polylink Polymers (India) Limited continues as subsidiary of KHL Finance Limited (60.50% holding)
- No other subsidiary, joint venture or associate companies
- No company ceased to be subsidiary during the year
Internal Auditor
M/s. Chandabhoy & Jassoobhoy, Chartered Accountants, Ahmedabad
Key Operational Metrics
- Total Employees: 45 as on 31st March, 2026
- Manufacturing: All types of polymers, polymeric compounds and copolymers for cables
- Export Status: One Star Export House
- Export Earnings: ₹1,171.68 lakhs (FOB Value)
- Foreign Exchange Outgo: ₹512.45 lakhs
Energy Conservation Measures
- Solar Power Plant: 315kw capacity generating 385,766 units during the year
- Electricity Consumption: 3,015,409 units from UGVCL at average cost of ₹8.62 per unit
Related Party Transactions
- Lease agreement with Kashipur Holdings Limited for office premises in Ahmedabad
- Monthly lease rent: ₹70,197 per month with 5% annual increase
- Agreement period: 1st April 2023 to 31st March 2028
- All transactions at arm's length basis
Compliance Status
- No material related party transactions
- No frauds reported by auditors
- No pending insolvency proceedings
- No sexual harassment complaints during the year
- All SEBI regulations complied with
Contingent Liabilities
- GST Demand: ₹26.34 lakhs (under appeal)
- Bank Guarantees: ₹64.86 lakhs in favor of Uttar Gujarat Vij Company Limited
AGM Details
- 33rd Annual General Meeting: 28th September, 2026 at 11:30 AM through VC/OAVM
- Book Closure: 22nd September, 2026 to 28th September, 2026
- Business: Adoption of financial statements, director reappointment, secretarial auditor appointment