Outcome of Board Meeting held on 05th November, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Machino Plastics reported 18.6% YoY revenue growth for H1 FY26, with total revenue at Rs. 22,294 lakhs vs Rs. 18,790 lakhs last year. However, profit for H1 fell sharply to Rs. 254.7 lakhs from Rs. 351.3 lakhs (down ~27.5%). Q2 FY26 alone saw a steeper slide — profit crashed to Rs. 54.6 lakhs from Rs. 211.5 lakhs (down ~74%), while revenue grew modestly to Rs. 10,967 lakhs. EBITDA margins compressed notably as raw material and employee costs rose faster than revenue. The balance sheet shows heavy borrowing — long-term debt jumped from Rs. 9,215 lakhs to Rs. 12,905 lakhs, pushing the debt-to-equity ratio above 3x. Auditor K M G S & Associates issued an unmodified (clean) limited review opinion.
Mixed-to-negative for shareholders — top-line growth is healthy but profitability is deteriorating fast, with sharp margin compression and rising leverage. The D/E ratio above 3x is a red flag, though the clean auditor opinion and continued revenue growth offer some comfort.