Date: 30th May, 2026
Quarterly Financial Performance (Q4 FY2026)
- Net Sales: ₹223 Crores, representing 22% growth year-over-year (YoY)
- EBITDA: ₹23 Crores, representing 24% growth YoY
- Profit After Tax: ₹13 Crores, representing 31% growth YoY compared to ₹10 Crores in corresponding quarter of previous financial year
Annual Financial Performance (FY2026)
- Net Sales: ₹789 Crores
- EBITDA: ₹76 Crores
- Profit After Tax: ₹43 Crores
- Earnings Per Share (EPS): ₹18.09
Dividend Declaration
The Board of Directors recommended a final dividend of 24% (₹2.40 per equity share of ₹10 each). This is in addition to the interim dividend of 10% (₹1 per equity share) declared earlier during the year.
- Total dividend for FY2026: 34% (₹3.40 per equity share)
- Previous financial year (FY2025) dividend: 24% (₹2.40 per equity share)
Division-wise Performance
PVC Pipes & Fittings Division
FY2025-26 was described as a challenging year for the industry due to:
- Volatility in raw material prices
- Prolonged unseasonal rainfall
- Global geopolitical uncertainties
Despite these challenges:
- Sales volume: 48,118 MT
- Growth: -13% compared to previous financial year
Outlook: With strong brand recognition and stability in PVC resin prices, the growth trajectory is likely to continue in the current year.
Flexible Packaging Division
The division delivered encouraging performance through:
- Customer diversification
- Focus on value-added products
Performance metrics:
- Sales volume: 16,605 MT
- Growth: -7% compared to previous financial year
Strategic initiative: Encouraged by increased sales volume and expanding customer base in both domestic and international markets, the division has undertaken a capacity expansion plan in a phased manner. This expansion is expected to substantially enhance installed capacity over the years.