Outcome of the Board Meeting held on May 20, 2026 for consideration of Financial Results for Quarter and Year ended March 31, 2026, recommendation of dividend and to record the AGM date. ....
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The Board of Directors approved the audited financial results for Q4 and FY ended March 31, 2026. Consolidated revenue from operations grew 12% to Rs.15,980.67 Lakhs from Rs.14,265.10 Lakhs in the prior year. Standalone revenue increased to Rs.8,664.59 Lakhs from Rs.8,095.89 Lakhs. Consolidated PAT improved to Rs.1,991.03 Lakhs (standalone: Rs.640.97 Lakhs vs prior year Rs.422.45 Lakhs). The statutory auditor issued an unmodified (clean) opinion. A final dividend of Rs.2 per share (20%) was recommended, subject to shareholder approval at the AGM on August 10, 2026. The demerger of the Rotational Moulding business to Prima Innovation Limited was completed effective March 31, 2026, with PIL ceasing to be a subsidiary.
Strong financial performance with double-digit revenue growth and healthy PAT expansion. The clean audit opinion is reassuring. The demerger may re-rate the standalone entity as a focused plastic articles business. Dividend of Rs.2/share provides shareholder return.