Financial Performance Highlights

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹3,008.17 lakhs (Unaudited)
  • Other Income: ₹6.31 lakhs
  • Total Income: ₹3,014.48 lakhs
  • Total Expenses: ₹2,852.07 lakhs
  • Profit Before Tax: ₹162.41 lakhs
  • Tax Expense: ₹72.51 lakhs (Current Tax: ₹17.03 lakhs, Deferred Tax: ₹55.48 lakhs)
  • Profit for the Period: ₹89.90 lakhs
  • Basic and Diluted EPS: ₹0.55

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹5,954.08 lakhs (Unaudited)
  • Other Income: ₹21.76 lakhs
  • Total Income: ₹5,975.84 lakhs
  • Total Expenses: ₹5,549.30 lakhs
  • Profit Before Tax: ₹426.54 lakhs
  • Tax Expense: ₹139.27 lakhs (Current Tax: ₹66.45 lakhs, Deferred Tax: ₹72.82 lakhs)
  • Profit for the Period: ₹287.27 lakhs
  • Basic and Diluted EPS: ₹1.75

Comparative Performance:

Q2 FY2026 revenue increased 63% YoY from ₹1,840.41 lakhs in Q2 FY2025, while net profit declined 48% from ₹172.66 lakhs. H1 FY2026 revenue increased 74% from ₹3,423.10 lakhs in H1 FY2025.

Segment Performance

The company operates in two reportable segments:

Plastics Division (Q2 FY2026):

  • Revenue: ₹1,810.51 lakhs
  • Segment Results: ₹277.02 lakhs

Hygiene Division (Q2 FY2026):

  • Revenue: ₹1,209.83 lakhs
  • Segment Results: ₹20.57 lakhs

Total segment revenue: ₹3,020.34 lakhs, with inter-segment revenue elimination of ₹5.86 lakhs.

Capital Structure

  • Paid-up equity share capital: ₹1,642.43 lakhs (Face Value ₹10 per share)
  • Reserves excluding Revaluation Reserves: ₹3,318.86 lakhs
  • Total Equity: ₹4,961.29 lakhs

Assets and Liabilities Position (as of September 30, 2026)

Total Assets: ₹16,620.74 lakhs

  • Non-Current Assets: ₹10,651.66 lakhs (including Property, Plant and Equipment: ₹8,078.68 lakhs, Capital Work-in-progress: ₹1,791.36 lakhs)
  • Current Assets: ₹5,969.08 lakhs (including Inventories: ₹1,903.53 lakhs, Trade Receivables: ₹1,973.37 lakhs)

Total Liabilities: ₹11,659.45 lakhs

  • Non-Current Liabilities: ₹6,256.22 lakhs (including Borrowings: ₹5,903.02 lakhs)
  • Current Liabilities: ₹5,403.23 lakhs (including Borrowings: ₹3,986.41 lakhs, Trade Payables: ₹726.17 lakhs)

Cash Flow Statement (H1 FY2026)

  • Net Cash used in Operating Activities: ₹(741.77) lakhs
  • Net Cash used in Investing Activities: ₹(3,720.04) lakhs (mainly Purchase of Property, Plant and Equipment: ₹4,422.54 lakhs)
  • Net Cash from Financing Activities: ₹3,290.17 lakhs (mainly from Long-term Borrowings: ₹2,818.31 lakhs)
  • Net Change in Cash: ₹(1,171.64) lakhs
  • Cash and Cash Equivalents at period end: ₹129.37 lakhs

Tax Treatment

Current tax provided as Minimum Alternate Tax under section 206 of Income-tax Act, 2025 at 14% (plus applicable surcharge and cess), which is a final tax and does not give rise to any MAT credit.

Accounting Standards

Financial results prepared in accordance with Indian Accounting Standards (Ind AS). The limited review was conducted by GDK & Associates, Chartered Accountants (ICAI Firm Registration No.: 002159C).