This is to bring to your kind notice that a meeting of the Board of Directors was held today i.e Friday, 29th May, 2026 as required under Regulation 30 (Schedule 111 Part A(4) of SEBI ....
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Technopack Polymers held its Board meeting on 29th May 2026 and approved the audited financial results for the half-year and year ended 31 March 2026. The statutory auditor M/s. Karia & Associates issued an Unmodified Opinion. Full-year net sales stood at Rs. 927.96 lakh with a net profit of Rs. 85.02 lakh (vs. Rs. 171.61 lakh in the prior year), reflecting lower profitability as the company ramped up newly acquired machinery — the auditor's emphasis of matter notes that current-year revenue is not comparable to the previous period due to commencement of commercial production from the new machinery. The Board also appointed M/s. G R Shah & Associates as Secretarial Auditor and M/s. Padaliya & Associates as Internal Auditor for both FY 2025-26 and FY 2026-27. EPS for the year is Rs. 1.57. The meeting lasted 20 minutes (2:00 PM to 2:20 PM).
Profit declined by ~50% year-on-year due to new machinery ramp-up costs and non-comparable revenues. The Unmodified Opinion from auditors is a positive signal. Shareholders should note the lower EPS and monitor recovery as the new production capacity scales up.