Plastiblends India Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.
PLASTIBLEN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Plastiblends India reported Q1 FY26 revenue from operations of Rs. 19,962.83 lakhs, down about 5.6% from Rs. 21,157.69 lakhs in Q1 FY25, though slightly higher sequentially versus Q4 FY25 (Rs. 19,915.83 lakhs). Net profit fell to Rs. 892.34 lakhs from Rs. 1,084.86 lakhs, with EPS declining to Rs. 3.43 from Rs. 4.17. The company blamed muted demand in irrigation, piping, textile, agriculture and flexible packaging, heavy rainfall disrupting sales, and delays in Jal Jeevan Mission projects. Rising power and labour costs further squeezed margins. The board also reconstituted the Audit, Nomination & Remuneration, Risk Management, and Stakeholder Relationship committees. Kirtane & Pandit LLP issued an unmodified limited review report.
Weak YoY numbers and margin pressure may weigh on the stock in the short term, but management remains net cash positive (Rs. 56 cr in mutual funds), is undertaking capacity expansion (capex + CWIP of Rs. 1,210 lakhs), and expects revenue growth to revive from the next quarter.