An intimation of outcome of board meeting held on 14th May, 2026 to consider Audited Financial results for 4th Quarter and year ended 31st March 2026.
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Ashish Polyplast Limited reported annual revenue of Rs. 1,502.06 Lakhs for FY26, down from Rs. 1,601.44 Lakhs in FY25, representing a 6.2% revenue decline. Net profit for the year dropped to Rs. 13.03 Lakhs from Rs. 24.78 Lakhs in the previous year, a significant 47% fall. Q4 FY26 showed a loss of Rs. 34.07 Lakhs despite higher quarterly revenue of Rs. 404.95 Lakhs, mainly due to Rs. 43.36 Lakhs fair value loss on mutual fund investments. The company maintains positive operating cash flow of Rs. 28.93 Lakhs for the year. Statutory auditors issued an unmodified opinion confirming clean books of accounts.
The stock may see negative sentiment due to near halving of annual profits and revenue decline. However, auditors gave clean opinion and the company has positive cash flows, providing some comfort to investors despite the weak profitability.