🔍

Polymechplast Machines Ltd (526043)

📊 BSE: 526043 🏢 Industrial Products 📢 Latest filing: 31 Aug 2026

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Polymechplast Machines' revenue was ₹9.9 Cr (-17.1% year on year, -54.4% on the previous quarter), and net profit ₹-0.8 Cr (a bigger loss than a year earlier); the operating margin was -8.9%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹9.9	-17.1%	-54.4%
Operating profit	₹-0.9	loss widened	loss widened
Net profit	₹-0.8	loss widened	to loss
EPS (₹)	-1.42	loss widened	to loss
Operating margin	-8.9%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Polymechplast Reschedules 39th AGM to Sep 30, Sets Sep 22 as Dividend Record Date

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 31 Aug 2026, 04:18 PM

Polymechplast Machines Ltd has revised the schedule for its 39th Annual General Meeting (AGM) to September 30, 2026. The record date for determining shareholder eligibility for the FY26 final dividend has been set to September 22, 2026. The book closure window will run from September 24 to September 30, 2026. If approved at the AGM, the dividend distribution will commence from October 12, 2026.

39th AGM rescheduled to Wednesday, September 30, 2026 at 3:00 p.m. via Video Conferencing
Record date for FY26 final dividend and e-voting fixed as Tuesday, September 22, 2026
Book closure period set from September 24, 2026 to September 30, 2026 (both days inclusive)
Final dividend payment, upon shareholder approval, scheduled to begin from October 12, 2026

💡 Shareholders seeking dividend eligibility should ensure shares are held in demat before the record date of September 22, 2026, and track AGM proceedings on September 30, 2026.

Polymechplast Appoints Devang Shah as Independent Director for 5 Years, Reconstitutes Committees

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 27 Aug 2026, 01:35 PM

Polymechplast Machines Ltd announced the appointment of Mr. Devang Rasiklal Shah (DIN: 11912406) as an Additional Non-Executive Independent Director for a 5-year term starting 27th August, 2026, subject to shareholder approval at the next AGM. Following the appointment, the Board reconstituted its Audit Committee, Nomination & Remuneration Committee, and Stakeholders Relationship Committee, inducting Mr. Shah as a member across all three. The company, which has a market cap of approximately Rs 27 Cr, reported TTM revenue of Rs 67 Cr and net profit of Rs 3 Cr.

Appointment of Mr. Devang Rasiklal Shah as Additional Non-Executive Independent Director effective 27th August, 2026
Appointed for a tenure of 5 consecutive years, not liable to retire by rotation
Reconstituted the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee

💡 Track shareholder approval for the appointment in the upcoming Annual General Meeting and monitor future quarterly operational turnaround after Q1 FY27's net loss of Rs 0.80 Cr.

Polymechplast Appoints Devang Rasiklal Shah as Independent Director for 5-Year Term

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 27 Aug 2026, 01:32 PM

Polymechplast Machines Ltd has appointed Mr. Devang Rasiklal Shah as an Additional Non-Executive Independent Director effective August 27, 2026. The appointment is for a term of 5 consecutive years through August 26, 2031, subject to shareholder approval at the ensuing Annual General Meeting. Mr. Shah possesses over 30 years of business experience across international trade, commercial operations, and regulatory compliance. He holds nil equity shares in the company, which currently has a market capitalization of ₹27 Cr.

Appointed Mr. Devang Rasiklal Shah as Non-Executive Independent Director for a 5-year tenure (27th August, 2026 to 26th August, 2031).
Appointee brings 30+ years of professional experience in international business and regulatory compliance.
Shareholding of the appointee in the company is Nil.
Appointment is subject to regularisation and shareholder approval at the ensuing AGM.

💡 Track shareholder approval at the upcoming Annual General Meeting along with upcoming quarterly operational performance.

Polymechplast Appoints Devang Rasiklal Shah as Independent Director for 5-Year Tenure

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 27 Aug 2026, 01:29 PM

Polymechplast Machines Ltd announced the appointment of Mr. Devang Rasiklal Shah as an Additional Non-Executive Independent Director for a 5-year term from August 27, 2026, to August 26, 2031, subject to shareholder approval at the AGM. Mr. Shah possesses over 30 years of experience in international trade, DGFT compliance, and cross-border operations. The Board also approved the reconstitution of various committees. Mr. Shah holds zero equity shares in the company and has no family relationships with existing directors.

Appointed Mr. Devang Rasiklal Shah as Non-Executive Independent Director for a 5-year tenure from August 27, 2026 to August 26, 2031
Mr. Shah brings 30+ years of experience in international trade, supply chain, and commercial operations
Shareholding of the newly appointed director stands at Nil
Reconstitution of various board committees approved at the meeting

💡 Track shareholder voting on the director's appointment at the upcoming Annual General Meeting.

₹0.80 Cr Consolidated Net Loss in Q1 FY27 for Polymechplast Machines

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 14 Aug 2026, 03:11 PM

Polymechplast Machines reported a consolidated net loss of ₹0.80 cr for the quarter ended June 30, 2026, a sharp reversal from the ₹2.98 cr profit in the preceding quarter. Revenue from operations stood at ₹9.93 cr, representing a 17% year-on-year decline from ₹11.98 cr in June 2025. The company also announced the resignation of Independent Director Mr. Chirag Sureshbhai Shah, effective August 7, 2026. This filing is a revision to include a missing page from the auditor's limited review report.

Consolidated net loss of ₹0.80 cr for Q1 FY27 compared to a profit of ₹2.98 cr in Q4 FY26
Revenue from operations decreased 17% YoY to ₹9.93 cr from ₹11.98 cr
Standalone EPS turned negative at -₹1.28 for the quarter
Total expenses of ₹11.09 cr exceeded total income of ₹10.17 cr
Resignation of Independent Director Chirag Sureshbhai Shah effective August 7, 2026

💡 Investors should monitor the company's ability to stabilize its top-line and manage costs, as the current quarter shows a significant margin contraction and a shift to operating losses.

Polymechplast Machines Sets Sept 17 Record Date for FY26 Dividend; 39th AGM on Sept 24

🟡 NEUTRAL ⭐ 5/10

DIVIDEND 📅 12 Aug 2026, 02:59 PM

Polymechplast Machines has scheduled its 39th Annual General Meeting (AGM) for September 24, 2026. The company has fixed September 17, 2026, as the record date to determine shareholder eligibility for the final dividend for FY26. This follows a year where the company reported a net profit of Rs 3.2 Cr, a significant increase from Rs 0.7 Cr in FY25. Dividend payments are slated to commence from October 12, 2026, subject to shareholder approval at the AGM.

39th Annual General Meeting scheduled for September 24, 2026, via video conferencing.
Record date for final dividend eligibility fixed as September 17, 2026.
Book closure period set from September 18, 2026, to September 24, 2026.
Dividend distribution to start from October 12, 2026, if approved by members.
FY26 net profit reached Rs 3.2 Cr on a total revenue of Rs 68.93 Cr.

💡 Investors interested in the dividend must ensure they hold the shares before the ex-dividend date (typically one day prior to the Sept 17 record date). Monitor the AGM for management's outlook on improving the thin 1.0% operating margins.

Polymechplast Reconstitutes Board Committees Following Director Resignation

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 12 Aug 2026, 02:57 PM

Polymechplast Machines Ltd has reorganized its key board committees effective August 12, 2026. This administrative update follows the resignation of Independent Director Mr. Chirag Sureshbhai Shah on August 7, 2026. The Audit, Nomination and Remuneration, and Stakeholders Relationship committees have been reconstituted to maintain regulatory compliance. The company, with a market cap of Rs 29 Cr, reported a TTM revenue of Rs 69 Cr and a PAT of Rs 3 Cr.

Resignation of Independent Director Mr. Chirag Sureshbhai Shah effective August 7, 2026
Reconstitution of 3 major board committees effective August 12, 2026
Audit Committee now chaired by Mr. Amit Shah with 3 total members
Nomination and Remuneration Committee now chaired by Mrs. Asmani Surve
Stakeholders Relationship Committee now includes 4 members, including Executive Director Mr. Anand Bhuva

💡 This is a routine governance update. Investors should monitor if the company appoints a new independent director to maintain the board's overall strength and diversity.

Polymechplast Reports ₹0.80 Cr Q1 Net Loss as Revenue Drops 61% QoQ

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 12 Aug 2026, 02:53 PM

Polymechplast Machines Ltd reported a weak set of Q1 FY27 results with consolidated total income falling to ₹10.17 Cr, a 61% decline from ₹26.04 Cr in the previous quarter. The company posted a consolidated net loss of ₹0.80 Cr, swinging from a profit of ₹2.98 Cr in March 2026. A critical concern for investors is the cost of materials consumed (₹10.81 Cr), which exceeded the total income for the quarter, indicating severe margin pressure and a negative gross margin.

Consolidated Total Income declined 60.9% QoQ to ₹10.17 Cr from ₹26.04 Cr in the previous quarter
Consolidated Net Loss stood at ₹0.80 Cr against a profit of ₹2.98 Cr in the preceding quarter
Cost of materials consumed at ₹10.81 Cr was 106.3% of the total quarterly income
Independent Director Chirag Sureshbhai Shah resigned from the board effective August 7, 2026
Company fixed the 39th Annual General Meeting for September 24, 2026

💡 Investors should monitor the upcoming AGM on September 24, 2026, for management commentary regarding the sharp revenue decline and the unsustainable material cost-to-revenue ratio.

Rs 0.80 Cr Net Loss: Polymechplast Machines Reports Q1 FY27 Revenue Decline

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 12 Aug 2026, 02:47 PM

Polymechplast Machines reported a consolidated net loss of Rs 0.80 Cr for the quarter ended June 30, 2026, compared to a profit of Rs 2.98 Cr in the preceding March quarter. Revenue from operations fell to Rs 10.17 Cr, a 16.4% decline year-on-year from Rs 12.17 Cr in June 2025. The company's total expenses of Rs 11.09 Cr exceeded its total income, leading to a negative EPS of Rs 1.42. Additionally, Independent Director Chirag Sureshbhai Shah resigned effective August 7, 2026, necessitating a board reconstitution.

Consolidated net loss of Rs 0.80 Cr for Q1 FY27 against a profit in the previous quarter.
Revenue from operations decreased to Rs 10.17 Cr from Rs 12.17 Cr in the same quarter last year.
Total expenses stood at Rs 11.09 Cr, resulting in a loss before tax of Rs 0.92 Cr.
Resignation of Independent Director Chirag Sureshbhai Shah effective August 7, 2026.
39th Annual General Meeting scheduled for September 24, 2026, via video conferencing.

💡 Investors should monitor the company's ability to scale revenue back toward its TTM average of Rs 17.25 Cr per quarter to regain profitability. The upcoming AGM on September 24, 2026, will be critical for understanding the causes behind the sharp sequential revenue drop.

Resignation of Independent Director Chirag Sureshbhai Shah Effective August 7, 2026

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 08 Aug 2026, 05:46 PM

Mr. Chirag Sureshbhai Shah (DIN: 10688506) has resigned as an Independent Director of Polymechplast Machines Ltd with immediate effect from August 7, 2026. The resignation is attributed to health issues, and the director has confirmed there are no other material reasons for his departure. As a result, he has also ceased to be a member/chairman of the Audit, Nomination and Remuneration, and Stakeholders Relationship Committees. This is a routine administrative change for the company, which has a small market capitalization of Rs 27 Cr.

Resignation of Independent Director Chirag Sureshbhai Shah effective from August 7, 2026
Director vacated positions in 3 key board committees: Audit, NRC, and Stakeholders Relationship
Resignation cited specifically due to health issues requiring complete attention
Company maintains a small-cap profile with a market capitalization of Rs 27 Cr and TTM revenue of Rs 69 Cr

💡 Monitor the company's upcoming filings for the appointment of a new Independent Director to ensure continued compliance with SEBI board and committee composition regulations.

Aug 12 Board Meeting to approve Q1 FY27 results and 39th AGM notice

🟡 NEUTRAL ⭐ 2/10

BOARD_MEETING 📅 05 Aug 2026, 05:53 PM

Polymechplast Machines Ltd has scheduled a board meeting on August 12, 2026, to review and approve the unaudited financial results for the quarter ended June 30, 2026. The board will also finalize the notice for the 39th Annual General Meeting (AGM) and the Board's Report for FY26. This follows a fiscal year (FY26) where the company reported a TTM revenue of Rs 69 Cr and a thin operating margin of 1.0%. The trading window for company securities has been closed since July 1, 2026, in compliance with insider trading regulations.

Board meeting scheduled for August 12, 2026, at 11:30 a.m. in Vadodara
Agenda includes approval of Standalone and Consolidated Un-Audited Financial Results for Q1 FY27
Board to call and convene the 39th Annual General Meeting (AGM)
Trading window remains closed from July 1, 2026, until 48 hours post-result declaration

💡 Monitor the August 12 results to evaluate if the company can improve its operating profit margin, which stood at a low 1.0% for the trailing twelve months.

View All 526043 Announcements on Live Market Tracking →