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Promact Plastics Ltd (526494)

📊 BSE: 526494 🏢 Packaging 📢 Latest filing: 19 Sep 2026

Latest quarterly results (Q4 FY26)

In its latest reported quarter, Q4 FY26, Promact Plastics' revenue was ₹0.0 Cr (-100.0% year on year, -100.0% on the previous quarter), and net profit ₹-0.2 Cr (against a profit a year earlier).

Q4 FY26 (₹ Cr)	Value	YoY vs Q4 FY25	QoQ
Revenue	₹0.0	-100.0%	-100.0%
Operating profit	₹-0.2	to loss	loss widened
Net profit	₹-0.2	to loss	loss widened
EPS (₹)	-0.38	to loss	loss widened

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Promact Plastics Clarifies Price Movement Driven Purely by Market Conditions

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 19 Sep 2026, 05:36 PM

Promact Plastics Ltd has submitted a clarification to BSE regarding recent movements in its share price following an exchange query dated September 18, 2026. The company confirmed that all material price-sensitive information under Regulation 30 has been disclosed within the required timeframes. Management stated that there is no pending undisclosed information and that the share price movement is purely market-driven with no management involvement. The company operates at a micro-cap level of Rs 8 Cr market cap with negative net worth of Rs -3 Cr and minimal operational revenue.

Clarification submitted on September 19, 2026, responding to BSE query dated September 18, 2026
Company confirmed zero pending undisclosed price-sensitive announcements under Regulation 30
Management noted share price behavior is purely market-driven without any company connection
Company trades at a market cap of approximately Rs 8 Cr with FY26 revenue of Rs 0.16 Cr

💡 Track subsequent quarterly financial performance to assess any operational turnaround from current loss-making levels, noting that no undisclosed corporate actions exist.

Promact Plastics Issues Notice for 42nd AGM on September 14, 2026 and FY26 Annual Report

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 18 Aug 2026, 01:44 PM

Promact Plastics Limited has published its Notice for the 42nd Annual General Meeting (AGM) scheduled for September 14, 2026, alongside its FY 2025-26 Annual Report. Key resolutions include the re-appointment of Managing Director Ankit J. Patel for a 3-year term effective July 17, 2026, and the appointment of an Independent Director. Financial disclosures in the report highlight ongoing operational stress, with a Current Ratio of 0.54 and negative DSCR of -1.64 against FY26 revenue of just ₹0.16 crore.

42nd Annual General Meeting scheduled for Monday, September 14, 2026, via Video Conferencing.
Proposed re-appointment of Managing Director Ankit J. Patel for a 3-year term from July 17, 2026 to July 16, 2029.
Appointment of Prakashchandra D. Patel as Independent Director for a 5-year term until July 28, 2031.
FY26 analytical ratios reflect a Current Ratio of 0.54 and a Debt-to-Equity ratio of 1.44.

💡 Monitor voting outcomes from the September 14, 2026 AGM and watch for subsequent quarterly financial results to assess if operations can scale beyond near-zero revenue.

Promact Plastics Convenes 42nd AGM on Sep 14, 2026; Re-appoints MD for 3 Years

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 18 Aug 2026, 01:40 PM

Promact Plastics Limited has issued the notice for its 42nd Annual General Meeting scheduled for September 14, 2026, along with its FY 2025-26 Annual Report. Key business items include the re-appointment of Managing Director Mr. Ankit J. Patel for a 3-year tenure effective July 17, 2026, to July 16, 2029. Shareholders will also vote on the appointment of two Independent Directors, Mr. Prakashchandra D. Patel and Mr. Babubhai H. Patel (aged 79), for 5-year terms ending July 28, 2031.

42nd Annual General Meeting scheduled on September 14, 2026, at 3:00 PM IST via Video Conferencing.
Proposed re-appointment of Mr. Ankit J. Patel as Managing Director for a 3-year period (July 17, 2026 to July 16, 2029).
Appointment of Mr. Prakashchandra D. Patel and Mr. Babubhai H. Patel (age 79) as Independent Directors for 5-year terms.
Proposed appointment of M/s. Kashyap R. Mehta & Partners as Secretarial Auditors for 5 consecutive years (FY27 to FY31).

💡 Track shareholder voting results following the September 14, 2026 AGM and monitor upcoming quarterly filings for any sign of operational turnaround.

Promact Plastics Releases FY26 Annual Report; 42nd AGM Scheduled for September 14, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 18 Aug 2026, 01:33 PM

Promact Plastics Limited has published its Annual Report for FY 2025-26 and issued notice for its 42nd Annual General Meeting scheduled for September 14, 2026. The agenda includes the re-appointment of Managing Director Mr. Ankit J. Patel for a 3-year term from July 17, 2026, to July 16, 2029. Disclosed financial ratios show strained liquidity and profitability, with a current ratio of 0.54, DSCR of -1.64, and ROE of -11.12% for FY26. Key managerial personnel remuneration for the fiscal stood at Rs 7.80 Lakhs.

42nd Annual General Meeting convened for September 14, 2026, via Video Conferencing
Proposed re-appointment of MD Ankit J. Patel for a 3-year term effective July 17, 2026, to July 16, 2029
FY26 financial ratios deteriorated: Current ratio at 0.54, DSCR at -1.64, and ROE at -11.12%
Appointment of Secretarial Auditors M/s. Kashyap R. Mehta & Partners for 5 financial years (FY27 to FY31)
Total KMP remuneration paid during FY26 was Rs 7.80 Lakhs compared to Rs 7.28 Lakhs in FY25

💡 Track voting outcomes at the upcoming AGM on September 14, 2026, and monitor subsequent quarterly operational performance for signs of revenue revival.

Rs 16.45 Cr Net Profit in Q1 FY27; Exceptional Gain Exceeds Market Cap

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 10 Aug 2026, 05:36 PM

Promact Plastics reported a massive turnaround in Q1 FY27 with a net profit of Rs 16.45 Cr, compared to a loss of Rs 0.15 Cr in the same quarter last year. This performance was primarily driven by a one-time exceptional income of Rs 20.94 Cr, which significantly exceeds the company's current market capitalization of Rs 6 Cr. Revenue from operations also surged to Rs 5.12 Cr, a substantial increase from the Rs 0.16 Cr recorded for the entire previous financial year (FY26). The company appears to have pivoted to a trading-heavy model, with purchases of stock-in-trade accounting for 98% of total expenses.

Net Profit of Rs 16.45 Cr in Q1 FY27 vs a loss of Rs 0.15 Cr in Q1 FY26
Exceptional income of Rs 20.94 Cr recognized during the quarter, the primary driver of profitability
Revenue from operations jumped to Rs 5.12 Cr from just Rs 0.07 Cr in the year-ago period
Basic EPS for the quarter stands at Rs 25.26, compared to a negative Rs 0.22 YoY
Total expenses rose to Rs 5.16 Cr, largely driven by Rs 5.06 Cr in stock-in-trade purchases

💡 Investors should closely monitor the source of the Rs 20.94 Cr exceptional income and whether the new trading-based revenue stream is sustainable or a one-off event. The impact on the company's negative net worth (previously -Rs 3 Cr) is the key structural change to verify in the next full balance sheet disclosure.

Rs 16.45 Cr Net Profit: Promact Plastics Reports Massive Turnaround in Q1 FY27

🟢 POSITIVE ⭐ 9/10

EARNINGS 📅 10 Aug 2026, 05:30 PM

Promact Plastics reported a significant financial turnaround for the quarter ended June 30, 2026, posting a net profit of Rs 16.45 Cr compared to a loss of Rs 0.15 Cr in the same quarter last year. This profit is nearly 2.7x the company's current market capitalization of Rs 6 Cr. The results were primarily driven by a massive exceptional income of Rs 20.94 Cr, alongside a surge in trading revenue to Rs 5.12 Cr from near-zero levels previously.

Net profit reached Rs 16.45 Cr in Q1 FY27, a sharp reversal from a loss of Rs 0.72 Cr for the full FY26.
Revenue from operations surged to Rs 5.12 Cr, representing a 6,700% increase over the Rs 0.07 Cr reported in Q1 FY26.
Exceptional income of Rs 20.94 Cr was the primary driver of the bottom-line growth.
Earnings Per Share (EPS) for the quarter stood at Rs 25.26, significantly higher than the current stock price of Rs 9.4.
Total financial indebtedness was reported as zero as of June 30, 2026.

💡 Investors should investigate the specific source of the Rs 20.94 Cr exceptional income, as it is a one-time event. Additionally, monitor if the new trading revenue (Rs 5.12 Cr) is sustainable, given the thin operating margins on stock-in-trade purchases.

Board Meeting Scheduled for August 10, 2026, to Approve Q1 Financial Results

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 03 Aug 2026, 06:25 PM

Promact Plastics Ltd has announced a board meeting on August 10, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. This announcement comes at a critical time as the company reported zero revenue in the most recent quarter (March 2026) and carries a negative net worth of Rs 3 Cr. The trading window for designated persons has been closed since June 24, 2026, and will remain so until 48 hours after the results are declared. Investors should focus on whether the company has resumed any operational activity, given the TTM revenue is effectively zero.

Board meeting scheduled for August 10, 2026, to approve Q1 results.
Results cover the three-month period ended June 30, 2026.
Trading window has been closed since June 24, 2026.
Company currently has a negative net worth of Rs 3 Cr.
TTM revenue is reported at Rs 0 Cr with an operating margin of -143.8%.

💡 Watch for the financial results on August 10 to see if the company has managed to generate any revenue or if the negative net worth situation has deteriorated further.

Promact Plastics Appoints 2 New Independent Directors; 42nd AGM Set for Sept 14, 2026

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 29 Jul 2026, 05:57 PM

Promact Plastics has announced a significant board restructuring, appointing Mr. Prakashchandra D. Patel and Mr. Babubhai H. Patel as Independent Directors for 5-year terms effective July 29, 2026. This follows the simultaneous resignation of two existing independent directors, Akash D. Patel and Krunalkumar P. Patel. The company also appointed M/s. Kashyap R. Mehta & Partners as Secretarial Auditors for a five-year period (FY27-FY31). These administrative changes occur against a backdrop of stressed financials, including zero TTM revenue and a negative net worth of Rs 3 Cr.

Appointment of 2 Independent Directors for a 5-year term starting July 29, 2026
Resignation of 2 Independent Directors effective July 29, 2026, citing pre-occupation
42nd Annual General Meeting (AGM) scheduled for September 14, 2026
Appointment of Secretarial Auditors for a 5-year block from FY 2026-27 to 2030-31
Company reports TTM revenue of Rs 0 Cr and a negative net worth of Rs 3 Cr

💡 Investors should monitor the 42nd AGM on September 14, 2026, for any management commentary regarding the resumption of business operations or capital infusion to address the negative net worth.

Promact Plastics Appoints 2 New Independent Directors; 42nd AGM Set for Sept 14, 2026

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 29 Jul 2026, 05:52 PM

Promact Plastics has announced a significant board reshuffle with the resignation of two Independent Directors, Mr. Akash D. Patel and Mr. Krunalkumar P. Patel, effective July 29, 2026. To fill these vacancies, the board has appointed Mr. Prakashchandra D. Patel and Mr. Babubhai H. Patel as Additional Independent Directors for a five-year term. The company also appointed new Secretarial Auditors for a five-year block starting FY 2026-27. These administrative changes occur against a backdrop of zero TTM revenue and a negative net worth of Rs -3 Cr.

2 Independent Directors resigned effective July 29, 2026, citing pre-occupation.
2 new Additional Independent Directors appointed for a 5-year term starting July 29, 2026.
42nd Annual General Meeting (AGM) scheduled for September 14, 2026, via video conferencing.
Secretarial Auditor M/s. Kashyap R. Mehta & Partners appointed for a 5-year term (FY 2026-27 to 2030-31).
New appointee Mr. Babubhai H. Patel brings 56 years of experience in banking and finance.

💡 Investors should monitor the 42nd AGM on September 14, 2026, for any management commentary regarding business revival, as the company currently reports zero revenue and negative net worth.

Promact Plastics Schedules 42nd AGM for Sept 14, 2026; Appoints New Independent Directors

🟡 NEUTRAL ⭐ 4/10

BOARD_MEETING 📅 29 Jul 2026, 05:42 PM

Promact Plastics has scheduled its 42nd Annual General Meeting (AGM) for September 14, 2026, to be held via video conferencing. The board has approved the appointment of two new Independent Directors, Mr. Prakashchandra D. Patel and Mr. Babubhai H. Patel, for five-year terms, replacing two outgoing directors who resigned effective July 29, 2026. Additionally, the company appointed M/s. Kashyap R. Mehta & Partners as secretarial auditors for a five-year period starting FY 2026-27. These administrative changes occur against a backdrop of zero TTM revenue and a negative net worth of Rs 3 Cr.

42nd Annual General Meeting scheduled for September 14, 2026, at 3:00 p.m. IST.
Appointment of 2 new Independent Directors for a 5-year term starting July 29, 2026.
Resignation of 2 Independent Directors, Mr. Akash D. Patel and Mr. Krunalkumar P. Patel, effective July 29, 2026.
Appointment of secretarial auditors for a 5-year block covering FY 2026-27 to 2030-31.
Remote e-voting period set from September 11 to September 13, 2026, with a cut-off date of September 7, 2026.

💡 Investors should monitor the upcoming AGM for any management commentary regarding business revival, as the company currently reports zero TTM revenue and negative net worth.

Promact Plastics Schedules 42nd AGM for Sept 14; Appoints New Independent Directors

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 29 Jul 2026, 05:36 PM

Promact Plastics has scheduled its 42nd Annual General Meeting (AGM) for September 14, 2026. The company is undergoing a board refresh, with two independent directors resigning and two new ones appointed, including Mr. Babubhai H. Patel, who brings 56 years of banking experience. These administrative changes occur against a backdrop of zero TTM revenue and a negative net worth of Rs 3 Cr. A new secretarial auditor has also been appointed for a five-year term starting FY 2026-27.

42nd Annual General Meeting scheduled for September 14, 2026, via video conferencing.
Appointment of Mr. Prakashchandra D. Patel and Mr. Babubhai H. Patel as Independent Directors for 5-year terms.
Mr. Babubhai H. Patel brings a total of 56 years of experience in banking and finance.
M/s. Kashyap R. Mehta & Partners appointed as Secretarial Auditors for a 5-year block (FY27 to FY31).
Remote e-voting period set from September 11, 2026 (9:00 AM) to September 13, 2026 (5:00 PM).

💡 Investors should monitor the AGM for any management commentary regarding the resumption of business operations, as the company currently reports zero revenue.

Promact Plastics Appoints 2 New Independent Directors; Sets AGM for Sept 14, 2026

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 29 Jul 2026, 05:29 PM

Promact Plastics has scheduled its 42nd Annual General Meeting (AGM) for September 14, 2026. The board has approved the appointment of two new Independent Directors, Mr. Prakashchandra D. Patel and Mr. Babubhai H. Patel, both with extensive banking experience, following the resignation of two existing directors. Additionally, the company appointed M/s. Kashyap R. Mehta & Partners as Secretarial Auditors for a five-year term. These administrative changes occur against a backdrop of severe financial distress, with the company reporting zero TTM revenue and a negative net worth of Rs 3 Cr.

42nd Annual General Meeting scheduled for September 14, 2026, via Video Conferencing.
Appointment of two new Independent Directors for a 5-year term effective July 29, 2026.
Resignation of two Independent Directors, Mr. Akash D. Patel and Mr. Krunalkumar P. Patel, effective July 29, 2026.
Secretarial Auditors appointed for a 5-year block from FY 2026-27 to 2030-31.
Remote e-voting period set from September 11, 2026, to September 13, 2026.

💡 Investors should monitor the AGM for any management commentary regarding the resumption of business operations, as the company currently has zero TTM revenue and negative net worth.

Promact Plastics Re-appoints Ankit J. Patel as Managing Director for 3-Year Term

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 15 Jul 2026, 06:48 PM

Promact Plastics Ltd has approved the re-appointment of Mr. Ankit J. Patel as Managing Director for a three-year period starting July 17, 2026. The decision, made during the board meeting on July 15, 2026, is subject to shareholder approval at the upcoming 42nd Annual General Meeting. Mr. Patel currently holds 4,81,939 equity shares, representing a 7.40% stake in the company. This move ensures leadership continuity as the appointee has extensive experience in import-export trading and general management.

Re-appointment of Managing Director for a fixed term of 3 years starting July 17, 2026
Mr. Ankit J. Patel holds 4,81,939 equity shares, equivalent to 7.40% of the company
The board meeting concluded within 30 minutes, from 5:30 p.m. to 6:00 p.m.
The appointment is subject to approval at the ensuing 42nd Annual General Meeting

💡 Investors should monitor the upcoming 42nd AGM for the formal shareholder vote on this re-appointment and any strategic updates provided by the management.

Promact Plastics Re-appoints Ankit J. Patel as Managing Director for 3-Year Term

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 15 Jul 2026, 06:42 PM

Promact Plastics Ltd has approved the re-appointment of Mr. Ankit J. Patel as Managing Director for a three-year term starting July 17, 2026. Mr. Patel currently holds 4,81,939 equity shares, representing a 7.40% stake in the company. The appointment is subject to shareholder approval at the upcoming 42nd Annual General Meeting. This move ensures leadership continuity for the packaging firm, which has seen a 12.3% share price decline over the last 12 months.

Re-appointment of Mr. Ankit J. Patel as Managing Director for a period of 3 years
New term is effective from July 17, 2026, following the Board meeting on July 15, 2026
The Director holds a significant personal stake of 7.40% (4,81,939 shares)
Appointment is subject to shareholder approval at the 42nd Annual General Meeting
Mr. Patel is a relative of Ms. Nikita J. Patel, another Director on the board

💡 Investors should watch for the 42nd AGM voting results to confirm shareholder approval and monitor if this leadership continuity helps reverse the negative 20.1% six-month price trend.

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