Ashish Polyplast Ltd (530429)
Q2 FY27 results
📅 Next results: 27 Oct 2026 (board meeting)Ashish Polyplast Ltd's board meets on 27 Oct 2026 to consider its Q2 FY27 results (July-September 2026).
In its latest reported quarter, Q1 FY27, Ashish Polyplast's revenue was ₹3.4 Cr (-8.4% year on year, -15.4% on the previous quarter), and net profit ₹0.7 Cr (+75.8% year on year); the operating margin was 3.2%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹3.4 | -8.4% | -15.4% |
| Operating profit | ₹0.1 | -9.8% | -1.6% |
| Net profit | ₹0.7 | +75.8% | from loss |
| EPS (₹) | 2.02 | +75.7% | from loss |
| Operating margin | 3.2% | — | — |
📢 Recent Corporate Announcements
Ashish Polyplast Ltd has scheduled a meeting of its Board of Directors on October 27, 2026. The board will review and consider the un-audited financial results for the second quarter and half year ended September 30, 2026. The micro-cap firm, with a market cap of Rs 10 Cr and TTM revenue of Rs 15 Cr, reported net profit of Rs 0.69 Cr in Q1 FY27. This filing is a standard regulatory intimation under Regulation 29 of SEBI LODR.
- Board meeting scheduled for Tuesday, October 27, 2026 at 05:00 PM
- Agenda to consider un-audited financial results for the quarter and half year ended September 30, 2026
- Meeting to be held at the company's Registered Office in Ahmedabad
- Compliance filed under Regulation 29(1)(a) of SEBI (LODR) Regulations 2015
Ashish Polyplast Limited convened its 32nd Annual General Meeting on September 25, 2026, via Video Conferencing with 24 members present. Shareholders considered two ordinary resolutions: adopting the Audited Financial Statements for FY26 and re-appointing Mrs. Kantaben Dahyabhai Panchal as Director retiring by rotation. The remote e-voting took place from September 22 to September 24, 2026, and final scrutinizer results are expected within two working days. The filing reflects purely procedural AGM proceedings with no new corporate or strategic updates.
- 32nd AGM conducted via VC/OAVM on September 25, 2026, from 11:00 AM to 11:18 AM (voting extended to 11:33 AM)
- A total of 24 members were present in person or via proxy/VC
- Remote e-voting was active from September 22, 2026 (09:00 AM) to September 24, 2026 (05:00 PM)
- 2 ordinary resolutions proposed: adoption of FY26 financial statements and director re-appointment
- Scrutinizer's voting report to be submitted within 2 working days
Ashish Polyplast Limited has submitted copies of newspaper advertisements published in English and regional newspapers regarding its 32nd Annual General Meeting (AGM). The notice covers the details of the AGM, book closure dates, and e-voting provisions pursuant to SEBI Listing Regulations. The company has a market cap of approximately ₹9 crore and reported TTM revenue of ₹15 crore. This is a standard statutory disclosure with no direct operational or financial impact.
- Notice published for the 32nd Annual General Meeting of the company
- Advertisements released in one English and one regional language newspaper
- Includes information on book-closure and e-voting facilities for members
- Filing dated 1st September 2026 in compliance with SEBI LODR regulations
Ashish Polyplast Limited has submitted its 32nd Annual Report for the financial year 2025-26 pursuant to Regulation 34 of SEBI LODR. The 32nd Annual General Meeting (AGM) is scheduled for September 25, 2026, via video conferencing. The cut-off date for remote e-voting eligibility is September 18, 2026, with voting active between September 22 and September 24, 2026. Financial disclosures within the report highlight a contraction in Return on Capital Employed (ROCE) to 2.58% in FY26 from 5.33% in FY25.
- 32nd Annual General Meeting scheduled for September 25, 2026 at 11:00 AM via VC/OAVM
- Cut-off record date for e-voting set as September 18, 2026
- Remote e-voting window runs from September 22, 2026 (9:00 AM) to September 24, 2026 (5:00 PM)
- Debt-Equity ratio increased to 0.22 in FY26 compared to 0.03 in FY25 due to working capital borrowings
- Return on Capital Employed (ROCE) declined to 2.58% in FY26 from 5.33% in FY25
Ashish Polyplast Limited has announced the schedule for its 32nd Annual General Meeting (AGM) to be held on Friday, September 25, 2026. The company has fixed Friday, September 18, 2026, as the cut-off date to determine shareholder voting eligibility. Remote e-voting will commence at 9:00 AM on September 22, 2026, and conclude at 5:00 PM on September 24, 2026. The register of members and share transfer books will remain closed from September 19 to September 25, 2026.
- 32nd Annual General Meeting scheduled for Friday, September 25, 2026
- Cut-off date for e-voting eligibility set for Friday, September 18, 2026
- E-voting window opens September 22, 2026 (9:00 AM) and closes September 24, 2026 (5:00 PM)
- Book closure period runs from September 19, 2026 to September 25, 2026 (both days inclusive)
Ashish Polyplast Limited has announced its Annual General Meeting (AGM) scheduled for Friday, September 25, 2026. The company has fixed Friday, September 18, 2026, as the cut-off date for determining shareholder eligibility for e-voting. The register of members and share transfer books will remain closed from September 19, 2026, to September 25, 2026. Remote e-voting will run from 9:00 AM on September 22, 2026, to 5:00 PM on September 24, 2026.
- Annual General Meeting (AGM) scheduled for Friday, September 25, 2026
- Cut-off date for e-voting eligibility set to Friday, September 18, 2026
- Book closure period from September 19, 2026 to September 25, 2026 (both days inclusive)
- Remote e-voting window open from September 22, 2026 (9:00 AM) to September 24, 2026 (5:00 PM)
Ashish Polyplast Ltd has submitted its unaudited financial results for the quarter ended June 30, 2026. A key highlight is a net unrealised fair value gain of Rs 63.83 Lakhs (Rs 0.64 Cr) on mutual fund investments, which is significant given the company's FY26 total PAT was only Rs 0.13 Cr. The company continues to operate solely in the PVC Pipes segment. While the full revenue figures for the quarter were not explicitly detailed in the text extract, the investment gain represents a major non-operational boost to the bottom line.
- Recognised a net unrealised fair value gain of Rs 63.83 Lakhs on mutual fund investments for Q1 FY27.
- The investment gain of Rs 0.64 Cr is approximately 491% of the total FY26 annual PAT of Rs 0.13 Cr.
- Company operates in a single reportable segment: manufacturing and sale of PVC Pipes.
- Board meeting for result approval was conducted in 30 minutes, from 17:30 to 18:00 on August 12, 2026.
- TTM Revenue remains at Rs 15 Cr with a low operating margin of 3.5% as per recent context.
Ashish Polyplast reported a net profit of 0.69 Cr for Q1 FY27, a significant jump from 0.39 Cr in the same quarter last year. However, core revenue from operations declined 8.3% YoY to 3.43 Cr. The bottom line was heavily supported by 'Other Income' of 0.64 Cr, which primarily consists of a non-cash fair value gain on mutual fund investments. While EPS improved to 2.02, the operational performance remains under pressure with declining sales.
- Net Profit for the quarter stood at 68.57 Lakhs compared to 39.12 Lakhs in Jun 2025.
- Revenue from operations decreased to 3.43 Cr from 3.74 Cr in the year-ago period.
- Other Income included a net unrealised fair value gain of 63.83 Lakhs on mutual fund investments.
- Total expenses reduced to 3.42 Cr from 3.67 Cr YoY, mainly due to lower material costs.
- Basic and Diluted EPS increased to 2.02 from 1.15 YoY.
Ashish Polyplast reported a Net Profit of ₹0.69 Cr for Q1 FY27, up from ₹0.39 Cr in the same quarter last year. However, this profit is almost entirely attributed to 'Other Income' of ₹0.64 Cr, which includes a ₹0.638 Cr unrealized fair value gain on mutual fund investments. Revenue from operations declined 8.3% YoY to ₹3.43 Cr, and core operating margins remain extremely thin as total expenses (₹3.42 Cr) nearly equaled operational revenue.
- Net Profit increased to ₹68.57 Lakhs in Q1 FY27 compared to ₹39.12 Lakhs in Q1 FY26.
- Revenue from operations decreased by 8.3% YoY to ₹342.61 Lakhs from ₹373.94 Lakhs.
- Other Income of ₹63.96 Lakhs was the primary profit driver, containing a ₹63.83 Lakhs gain on mutual funds.
- Total expenses stood at ₹341.85 Lakhs, leaving a negligible operating profit before other income.
- Earnings Per Share (EPS) for the quarter stood at ₹2.02, compared to ₹1.15 in the year-ago period.
Ashish Polyplast reported its Q1 FY27 results for the period ending June 30, 2026. The standout figure is a net unrealized fair value gain of Rs 63.83 Lakhs on mutual fund investments, which is significantly higher than the company's total FY26 net profit of Rs 13 Lakhs. The company continues to operate in a single segment of PVC pipes and hoses. While the investment gain boosts the bottom line, core operating margins remain thin based on historical context (3.5% OPM).
- Recognized a net unrealized fair value gain of Rs 63.83 Lakhs for the quarter ended June 30, 2026.
- Investment gains were derived from mutual funds measured at fair value through profit or loss (FVTPL).
- The company remains a single-segment entity focused on PVC Pipes manufacturing.
- Board meeting for result approval concluded at 18:00 P.M. on August 12, 2026.
Ashish Polyplast has scheduled a board meeting on August 12, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. The board will also finalize the date and record date for the Annual General Meeting (AGM) pertaining to the financial year ended March 31, 2026. This follows a fiscal year (FY26) where the company reported a total revenue of ‡15.02 crore and a thin net profit of ‡0.13 crore. Investors will be monitoring if the company can reverse the ‡0.34 crore net loss reported in the preceding March 2026 quarter.
- Board meeting scheduled for August 12, 2026, at 05:30 P.M. to review Q1 FY27 results
- Agenda includes fixing the Record Date and Book Closure for the upcoming AGM
- Company reported a TTM revenue of ‡15 crore against a micro-cap valuation of ‡10 crore
- Previous quarter (Mar 2026) saw a net loss of ‡0.34 crore on revenue of ‡4.05 crore
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