Second-quarter net sales rise 43%; 5,000 mm pipe output planned

Revenue growth above 20%EBITDA margin compressionNegative operating cash flowResults View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

-4.9%Reaction day

₹26.50

prior close

₹25.24

announcement price

In-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used+0.7%-5.6% vs market

Plastic Products - Industrial peers, median of 44sector+0.3%-5.3% vs sector

On the reaction day the stock moved 5.6 pts less than Nifty Microcap 250 and 5.3 pts less than its Plastic Products - Industrial peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

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UpDownMarket · Nifty Microcap 250Sector · Plastic Products - Industrial peers, median of 44Pending

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AI summary

The board approved unaudited standalone results for the quarter and half year ended 30 September 2026. Second-quarter net sales rose 43% to Rs 421.30 lakh from Rs 295.50 lakh; operating income rose 38% to Rs 430.88 lakh. Half-year operating income rose 35% to Rs 859.48 lakh. Quarterly profit grew over 25% year on year, but half-year profit fell to Rs 45.79 lakh from Rs 63.51 lakh. Production of pipes up to 5,000 mm is planned for November 2026.

Likely market impact

Strong sales and quarterly profit growth support sentiment, but weaker half-year profit and expansion execution remain risks.

By the numbersStandalone · Q2 FY27 vs Q2 FY26

	Q2 FY27	Q2 FY26	Change
Revenue	₹4.21 Cr	₹2.96 Cr	+42.6%
Operating profit	₹0.36 Cr	₹0.44 Cr	−18.2%
Profit after tax	₹0.34 Cr	₹0.46 Cr	−25.0%
EBITDA margin	9.5%	16.2%	−6.7 pp

From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.