BSEPolyspin Exports LtdHighNeutral
Announced Fri, 14 Nov · 11:34 IST

Un-Audited Financial Results for the Quarter and Six Months Ended 30th September, 2025.

Pat Growth 25pctRevenue DeclineEbitda Margin CompressionResults View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Polyspin Exports, an FIBC packaging manufacturer, reported Q2 FY26 standalone revenue of Rs. 5,887 lakhs, down about 4.3% YoY from Rs. 6,152 lakhs. For the half-year (H1 FY26), revenue rose 5.5% to Rs. 11,623 lakhs vs Rs. 11,019 lakhs. Standalone profit before tax from continuing operations fell to Rs. 339 lakhs from Rs. 488 lakhs in H1 FY25, a roughly 30% drop, as raw material costs rose sharply. However, total standalone PAT (continuing + discontinued) jumped to Rs. 279 lakhs from Rs. 193 lakhs (+44%), boosted by a lower tax base. On a consolidated basis, total PAT for H1 FY26 stood at Rs. 382 lakhs vs Rs. 246 lakhs, helped by a Rs. 103 lakh share of profits from associate Lankaspin (Sri Lanka). Operating cash flow turned strongly positive at Rs. 847 lakhs against a negative Rs. 934 lakhs in FY25, and cash balances improved to Rs. 142 lakhs. The statutory auditor issued a clean, unqualified limited review report.

Likely market impact

Mixed picture for shareholders: top-line growth is modest and profit margins are under pressure from higher material costs, but bottom-line has improved and cash generation has strengthened significantly. The textile division has been fully exited, so future results will reflect the FIBC business only.