Tag
Plastics & Polymers
11 articles
Several Indian plastics and polymers companies are navigating a mixed financial landscape, with revenue growth often offset by profit pressures. While companies like Mehul Colours and B.D. Industries demonstrated robust revenue increases of 33% and 20.5% respectively, others, such as Captain Pipes and AIK Pipes, reported revenue declines alongside profit contractions. Increased capital expenditure, strategic investments, and rising finance costs are contributing to margin compression for some, while others, like Deep Polymers, face auditor qualifications related to debt provisioning and accounting standards. These varied results highlight the challenges and opportunities within the sector as companies balance expansion initiatives with maintaining profitability amidst evolving market conditions.
Polyplex Finalizes PDPL Acquisition at ₹73.49 Crore
Polyplex Corporation Board approves final sale consideration of ₹73.49 crore for 51% stake acquisition in PDPL.
Board approves additional payment of ₹11.39 crore to sellers based on post-closing adjus
Apollo Pipes Shareholders Approve Capital Increase and Warrants
Apollo Pipes shareholders approved two resolutions via postal ballot: increasing authorized share capital and a preferential warrant issue.
Both resolutions passed with near-unanimous approval, receiv
Signet Industries 41st AGM Approves Dividend and Resolutions
Signet Industries held its 41st AGM on September 30, 2026, approving audited FY26 financial statements and a final dividend of ₹0.50 per share.
Shareholders re-appointed director Saurabh Sangla and ap
Premier Polyfilm 34th AGM Approves ₹0.15 Dividend
Premier Polyfilm held its 34th AGM virtually on September 24, 2026, passing all seven proposed resolutions.
Shareholders approved a final dividend of ₹0.15 per share (15%) for FY 2025-26 and re-appoin
AIK Pipes AGM Notice Corrigendum and FY26 Results
Issued corrigendum to AGM notice correcting related party name from 'M/s AIK Pipes' to 'M/s AIK Pipes and Pumps'.
Seeking shareholder approval for material related party transactions up to ₹5 crore ea
Deep Polymers FY26 Profit Rises 30% with Auditor Qualifications
Deep Polymers reported FY26 consolidated net profit of ₹6.78 crore, up 30% YoY, with revenue of ₹98.72 crore showing modest growth.
Auditors issued qualified opinion citing non-provision for ₹3.08 cro
Mehul Colours FY26 Revenue Up 33% to ₹30.4 Cr
• Mehul Colours submitted its FY25-26 Annual Report to BSE, reporting revenue growth of 33.22% to ₹30.40 Cr and PAT of ₹5.22 Cr.
• The company completed its IPO in FY26, issuing 30.08 lakh shares at ₹
Clara Industries FY26 Revenue Up 30% to ₹14.33 Crore
Clara Industries reported FY26 revenue growth of 30% to ₹14.33 crore driven by expanded manufacturing capabilities and market presence.
Profit after tax declined 4.8% to ₹1.80 crore due to strategic i
Signet Industries 41st AGM Notice and FY26 Results
Signet Industries convened its 41st AGM on 30 September 2026 to adopt FY26 financial statements and declare a ₹0.5 per share dividend.
FY26 revenue grew to ₹1,349 crore with net profit of ₹16.16 crore
Padmanabh Alloys 31st AGM Notice and FY26 Annual Report
Padmanabh Alloys convenes 31st AGM on September 30, 2026, with e-voting from September 27-29, 2026.
FY26 revenue increased to ₹45.56 crore from ₹39.04 crore YoY, while net profit declined to ₹14.60 la
B.D. Industries FY26 Revenue Up 20.5% Post SME IPO
B.D. Industries reported consolidated revenue of ₹101.34 crore, up 20.5% YoY, with PAT at ₹9.56 crore following its August 2025 SME IPO raising ₹45.36 crore.
The company convened its 16th AGM for Sept