Polymac Thermoformers Limited submitted its unaudited standalone financial results for the half year ended September 30, 2026, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board of Directors meeting was held on Thursday, November 12, 2026, commencing at 02:00 PM and concluding at 04:00 PM. The meeting approved and took on record the following documents:

  • Un-audited Financial Results for the half year ended September 30, 2026
  • Limited Review Report of the Auditors for the half year ended September 30, 2026
  • Related Party Transaction details for the half year ended September 30, 2026

Financial Performance Highlights (Rs. in Lakhs)

Income Statement:

  • Revenue from Operations: Rs 510.91 (H1 FY27) vs Rs 443.72 (H1 FY26)
  • Other Income: Rs (0.42) (H1 FY27) vs Rs (0.40) (H1 FY26)
  • Total Income: Rs 511.33 (H1 FY27) vs Rs 444.12 (H1 FY26)
  • Net Profit/(Loss) for the period: Rs 2.68 (H1 FY27) vs Rs 34.01 (H1 FY26) and Rs (32.85) (H2 FY26)
  • Basic & Diluted EPS: Rs 0.06 (H1 FY27) vs Rs 0.71 (H1 FY26) and Rs (0.69) (H2 FY26)

Balance Sheet Position as of September 30, 2026 (Rs. in Lakhs):

  • Total Equity and Liabilities: Rs 2,145.53 vs Rs 1,923.40 (March 31, 2026)
  • Share Capital: Rs 478.16 (unchanged)
  • Reserves and Surplus: Rs 593.47 vs Rs 590.78
  • Long-Term Borrowings: Rs 702.44 vs Rs 78.40 (significant increase)
  • Current Liabilities: Rs 357.44 vs Rs 762.04
  • Total Assets: Rs 2,145.53 vs Rs 1,923.40
  • Current Assets: Rs 1,679.15 vs Rs 1,456.95
  • Inventories: Rs 571.87 vs Rs 458.83
  • Trade Receivables: Rs 175.74 vs Rs 245.37
  • Cash and cash Equivalents: Rs 5.99 vs Rs 51.85

Cash Flow Statement (Rs. in Lakhs):

  • Cash Flow from Operating Activities: Rs (276.89) (H1 FY27) vs Rs (34.88) (H1 FY26)
  • Cash Flow from Investing Activities: Rs (29.45) (H1 FY27) vs Rs (2.95) (H1 FY26)
  • Cash Flow from Financing Activities: Rs 235.22 (H1 FY27) vs Rs (1.47) (H1 FY26)
  • Closing Cash Balance: Rs 5.99 vs Rs 21.59 (H1 FY26)

Related Party Transactions

The company disclosed the following related party transactions for the half year ended September 30, 2026:

1. Sourav Mondal (KMP): Remuneration of Rs 3.50 lakh (Approved)

2. Anjali Gupta (KMP): Remuneration of Rs 1.05 lakh (Approved)

3. Yaduka Agrotech Ltd (Common Director): Advance given of Rs 593.50 lakh (Approved), Closing balance: Rs 593.50 lakh

4. Yaduka Agrotech Ltd (Common Director): Advance received of Rs 433.59 lakh (Approved), Closing balance: Rs 159.91 lakh

5. Homiton Houseware Pvt. Ltd (Significant Influence): Advance given of Rs 87.06 lakh (Approved), Opening balance: Rs 188.28 lakh, Closing balance: Rs 275.34 lakh

6. Homiton Houseware Pvt. Ltd (Significant Influence): Advance received of Rs 53.00 lakh (Approved), Closing balance: Rs 222.34 lakh

Auditor's Review

Pankaj Verma & Associates, Chartered Accountants (Firm Regn.No.322593E), conducted a limited review of the financial results in accordance with Standard on Review Engagements (SRE) 2410. Their review report dated November 12, 2026, states that nothing has come to their attention that causes them to believe that the accompanying statement contains any material misstatement.

Additional Notes

1. The company does not have any extraordinary or exceptional items to report for the periods.

2. No investor complaints were received during the period, with no complaints pending at the beginning or unresolved at the half year.

3. The company has not adopted Indian Accounting Standard (IND AS) in terms of exemption available to companies listed with the SME Exchange.

4. Previous year/period figures have been regrouped/reclassified where necessary.