Earnings Release - Q4 & FY2026

Kanpur Plastipack reported robust FY26 results with total income rising 26% YoY to ₹72,666.79 lakh and net profit jumping 68% YoY to ₹3,819.34 lakh. EBITDA margin expanded from 9.42% to 10.29%, reflecting improved operating leverage and better product mix. Q4 also showed strong performance with net profit up 22% YoY and EBITDA margin at 13.68%. Exports contributed 61% of total revenue (75% of manufacturing revenue) with Europe being the largest market at 56.5%. The company is expanding FIBC capacity by 6,000 MT/year (10% complete) and setting up non-woven production expected by September 2026. A new 50:50 JV with Essegomma S.p.A. (Italy) for high-performance polypropylene yarn has completed commissioning. Management noted one-time benefit from raw material price increases due to geopolitical volatility, with some short-term margin impact expected.