Audited Financial Result for the 31/03/2026

Narmada Macplast reported 90.5% revenue growth year-over-year, with revenue from operations rising from Rs. 698.40 Lakhs to Rs. 1,330.70 Lakhs for FY2026. However, profit after tax declined sharply by 69% from Rs. 539.17 Lakhs to Rs. 167.50 Lakhs. The decline was partly due to an exceptional gain of Rs. 537.85 Lakhs from asset disposal in the previous year. EBITDA margin expanded significantly from 8.5% to 18.1%, indicating improved operational efficiency. The company generated negative operating cash flow of Rs. 35.45 Lakhs. Trade receivables increased substantially by Rs. 1,065 Lakhs, while trade payables jumped from Rs. 2.36 Lakhs to Rs. 791.31 Lakhs. Share capital doubled from Rs. 362.30 Lakhs to Rs. 724.60 Lakhs, likely due to a bonus issue. The auditor issued an unmodified opinion.