Summary of Key Information:
Reporting Period: First Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Submission of unaudited financial results and board decisions under SEBI LODR Regulations
Audit Opinion:
Clean/Unmodified - Statutory auditors issued an unmodified conclusion on both standalone and consolidated financial results after limited review.
Key Financial Highlights [₹ Lakhs]:
Standalone Results:
Revenue from Operations: ₹16,927.08 lakhs (Q1 FY26: ₹13,865.43 lakhs) - 22% YoY increase
Total Income: ₹17,101.05 lakhs (Q1 FY26: ₹14,016.07 lakhs)
Net Profit: ₹2,363.34 lakhs (Q1 FY26: ₹1,680.37 lakhs) - 40.6% YoY increase
EPS (Basic): ₹12.57 (Q1 FY26: ₹8.94)
Other Equity: ₹23,326.08 lakhs
Consolidated Results:
Revenue from Operations: ₹17,145.15 lakhs (Q1 FY26: ₹14,019.08 lakhs) - 22.4% YoY increase
Total Income: ₹17,319.34 lakhs (Q1 FY26: ₹14,171.44 lakhs)
Net Profit: ₹2,373.21 lakhs (Q1 FY26: ₹1,685.48 lakhs) - 40.8% YoY increase
EPS (Basic): ₹12.62 (Q1 FY26: ₹8.97)
Other Equity: Not Specified
Segment-wise Performance:
The Group operates in a single reportable business segment: 'Styrenics and Allied Products' as per Ind AS-108.
Corporate Actions:
The Board approved a new line of Polystyrene with production capacity of 80,000 TPA at its Amdoshi Complex at an estimated cost of ₹325 Crores. When completed, the company's Polystyrene capacity will increase to 3,80,000 TPA from the current 3,00,000 TPA. The project is to be completed by March 2029 and will be financed through internal accruals. Rationale: Increasing demand in future from appliances sector in India and export potentials.
Other Significant Information:
- Existing capacity utilization: 80%
- Paid-Up Equity Share Capital: ₹3,760.83 lakhs (face value ₹2 per share)
- The figures for the quarter ended March 31, 2026, are balancing figures between audited full-year figures and published year-to-date figures up to the third quarter