Plastics & Polymers

Profitability across the plastics and polymers sector presents a mixed picture. Shaily Engineering Plastics reported a substantial 128% year-over-year increase in net profit for FY26, driven by a 26% revenue growth, while G M Polyplast also saw a significant rise in net profit, up to ₹826.69 lakh. Conversely, Promact Plastics experienced a net loss of ₹72.42 lakh, and AMS Polymers had to reschedule a board meeting due to managing director unavailability. Noble Polymers is pursuing a ₹11.74 crore fundraise through convertible warrants, and Siyaram Recycling secured a ₹1.51 crore order from Supreme Industries, highlighting ongoing demand within the industry. These varied results suggest a dynamic environment influenced by factors like polymer price fluctuations and evolving demand patterns.