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National Plastic Technologies Ltd (531287)

📊 BSE: 531287 🏢 Plastic Products - Industrial 📢 Latest filing: 21 Sep 2026 📝 Analysis written: 13 Nov 2025

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, National Plastic's revenue was ₹95.2 Cr (+28.5% year on year, +6.2% on the previous quarter), and net profit ₹2.6 Cr (+15.5% year on year); the operating margin was 6.9%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹95.2	+28.5%	+6.2%
Operating profit	₹6.6	+4.3%	+12.9%
Net profit	₹2.6	+15.5%	+72.1%
EPS (₹)	4.22	+15.6%	+72.2%
Operating margin	6.9%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

National Plastic Technologies Reappoints MD Arihant Parakh for 3 Years and Approves Auditor

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 21 Sep 2026, 07:42 PM

National Plastic Technologies announced that shareholders at its Annual General Meeting held on September 21, 2026, approved key leadership and governance reappointment resolutions. Mr. Arihant Parakh was reappointed as Managing Director for a 3-year term from September 25, 2026, to September 24, 2029. Mr. Sudershan Parakh was reappointed as Director retiring by rotation. Additionally, M/s. C A Patel & Associates were reappointed as Statutory Auditors for a 5-year tenure covering FY 2026-27 to FY 2030-31.

Reappointment of Mr. Arihant Parakh as Managing Director for 3 years effective September 25, 2026, to September 24, 2029
Reappointment of Director Mr. Sudershan Parakh who was liable to retire by rotation effective September 21, 2026
Approval of M/s. C A Patel & Associates as Statutory Auditors for 5 years covering FY 2026-27 through FY 2030-31
All resolutions passed at the 37th AGM held on September 21, 2026

💡 Track the upcoming Q2 FY27 earnings to evaluate margin performance and operational execution under the continuing management team.

National Plastic Technologies Reappoints MD Arihant Parakh for 3 Years and Approves Auditor

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 21 Sep 2026, 07:40 PM

Reappointment of Mr. Arihant Parakh as Managing Director for 3 years effective September 25, 2026, to September 24, 2029
Reappointment of Director Mr. Sudershan Parakh who was liable to retire by rotation effective September 21, 2026
Approval of M/s. C A Patel & Associates as Statutory Auditors for 5 years covering FY 2026-27 through FY 2030-31
All resolutions passed at the 37th AGM held on September 21, 2026

💡 Track the upcoming Q2 FY27 earnings to evaluate margin performance and operational execution under the continuing management team.

National Plastic Technologies Appoints R. Balaji Ramanujam as Chief Financial Officer

🟡 NEUTRAL ⭐ 7/10

MANAGEMENT 📅 21 Sep 2026, 07:13 PM

National Plastic Technologies Limited has appointed Mr. R. Balaji Ramanujam, FCA, as Chief Financial Officer effective 21st September 2026. Mr. Ramanujam brings over 25 years of experience in finance, including over 15 years with Schwing Stetter India Private Limited. Additionally, he has been authorized alongside Managing Director Arihant Parakh to determine event materiality under Regulation 30(5). The appointment comes at a time when the micro-cap plastic manufacturer is operating with TTM revenue of ₹362 crore and debt of ₹52 crore.

Appointment of Mr. R. Balaji Ramanujam as CFO effective 21st September 2026
Appointee carries over 25 years of professional finance and compliance experience
Over 15 years of prior experience spent at Schwing Stetter India Private Limited
Board meeting approving the appointment concluded at 6.10 p.m. on 21st September 2026

💡 Track upcoming quarterly financial reporting and balance sheet management under the new CFO, particularly working capital efficiency and debt servicing (current debt at ₹52 crore).

National Plastic Technologies Files FY26 Annual Report; SriCity Plant Commercialisation on Track

🟡 NEUTRAL ⭐ 4/10

ROUTINE 📅 29 Aug 2026, 05:54 PM

National Plastic Technologies has released its Annual Report for FY26 along with the notice for its 37th AGM scheduled for September 21, 2026. For FY26, total income rose 10% to Rs 341.20 Cr, driven by a 24% growth in automotive component revenue to Rs 261 Cr, while net profit reached Rs 9.17 Cr. The company recommended a final dividend of Rs 1.50 per share (15% face value) with a record date of September 14, 2026. Operationally, the new manufacturing facility at SriCity, Andhra Pradesh, is scheduled to start commercial operations between October and December 2026.

FY26 total income reached Rs 341.20 Cr (up 10% YoY) and net profit stood at Rs 9.17 Cr
Automotive components and other products revenue grew ~24% to Rs 261 Cr, while consumer durables softened to Rs 80 Cr
Recommended final dividend of Rs 1.50 per equity share (15% of face value) with record date on September 14, 2026
New plant at SriCity, Andhra Pradesh, on track to begin commercial operations between October and December 2026
Long-term debt-to-equity ratio improved to 0.19 with net worth at Rs 60.02 Cr

💡 Track the commissioning of the SriCity plant slated for Oct-Dec 2026 and shareholder voting outcomes at the AGM on September 21, 2026.

National Plastic Technologies Proposes Rs 1.50/Share Final Dividend; AGM on Sept 21, 2026

🟡 NEUTRAL ⭐ 3/10

DIVIDEND 📅 29 Aug 2026, 10:01 AM

National Plastic Technologies Ltd has issued the notice for its 37th Annual General Meeting scheduled for September 21, 2026. The company has proposed a final dividend of Rs 1.50 per equity share (15% on face value of Rs 10) for FY 2025-26, fixing September 14, 2026, as the record date. Other key agenda items include the re-appointment of Mr. Arihant Parakh as Managing Director for a 3-year term from September 25, 2026, to September 24, 2029, and the re-appointment of statutory auditors for a 5-year period.

Final dividend of Rs 1.50 per equity share (15% of face value) proposed for FY 2025-26
Record date for dividend entitlement and e-voting cut-off set for September 14, 2026
37th AGM scheduled for September 21, 2026, with remote e-voting open from September 18 to 20, 2026
Re-appointment of Mr. Arihant Parakh as Managing Director for a 3-year tenure ending September 24, 2029
Re-appointment of M/s CA Patel & Associates as Statutory Auditors for 5 years at an annual remuneration of Rs 5 lakhs

💡 Eligible shareholders seeking dividend entitlement must hold shares on or before the record date of September 14, 2026. Watch for AGM voting outcomes on key resolutions on September 21, 2026.

National Plastic Technologies CFO Sai Krishna Alluri Resigns Effective August 25, 2026

🟡 NEUTRAL ⭐ 7/10

MANAGEMENT 📅 17 Aug 2026, 07:10 PM

National Plastic Technologies has announced the resignation of its Chief Financial Officer (CFO) and Key Managerial Personnel, Mr. Sai Krishna Alluri, on August 17, 2026. His resignation will become effective at the close of business hours on August 25, 2026, citing better career opportunities. The company has an annualized TTM revenue of Rs 362 Cr and a market cap of Rs 141 Cr. Details regarding an incoming CFO or interim arrangement were not disclosed in the filing.

CFO Mr. Sai Krishna Alluri tendered his resignation letter on August 17, 2026
Resignation takes effect at the close of business hours on August 25, 2026
Reason cited for the departure is pursuit of better career opportunities
Appointment of a replacement or successor CFO was not disclosed

💡 Monitor subsequent exchange filings for the appointment of a new Chief Financial Officer to ensure smooth operational and financial transition.

₹1.50 Final Dividend: National Plastic Technologies Sets Record Date for FY26

🟡 NEUTRAL ⭐ 4/10

DIVIDEND 📅 31 Jul 2026, 07:19 PM

National Plastic Technologies has scheduled its 37th Annual General Meeting (AGM) for September 21, 2026. The company has fixed September 14, 2026, as the record date for a final dividend of ₹1.50 per equity share for the financial year ended March 31, 2026. This dividend represents a 15% payout on the face value of ₹10. Based on the current market price of ₹226.8, the dividend yield is approximately 0.66%, with a payout ratio of roughly 10% of the TTM EPS of ₹15.10.

Final dividend of ₹1.50 per equity share announced for FY26, representing 15% of face value.
Record date for dividend entitlement is fixed as Monday, September 14, 2026.
37th Annual General Meeting (AGM) to be held on September 21, 2026, in Chennai.
Dividend payment to be completed within 30 days of declaration, specifically by October 15, 2026.

💡 Investors should note the record date of September 14, 2026, to ensure eligibility for the dividend and watch for the AGM proceedings for updates on EV segment expansion.

Rs 1.50 Final Dividend: National Plastic Technologies Sets Sept 14 as Record Date

🟡 NEUTRAL ⭐ 5/10

DIVIDEND 📅 31 Jul 2026, 07:11 PM

National Plastic Technologies has fixed September 14, 2026, as the record date for its final dividend of Rs 1.50 per share for FY26. This dividend represents a 15% payout on the face value of Rs 10 per share. The 37th Annual General Meeting (AGM) is scheduled for September 21, 2026, where the dividend will be formally approved. If approved, the payment will be completed by October 15, 2026, representing a dividend yield of approximately 0.66% at current prices.

Final dividend of Rs 1.50 per equity share (15% of face value) announced for FY26
Record date for determining dividend eligibility fixed as Monday, 14th September 2026
37th Annual General Meeting scheduled for Monday, 21st September 2026, in Chennai
Dividend payment to be completed within 30 days of declaration, by 15th October 2026

💡 Monitor the stock for the ex-dividend date, typically one business day prior to the record date. Ensure shares are held in the demat account by the record date to qualify for the payout.

National Plastic Technologies Reappoints Arihant Parakh as MD for 3-Year Term

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 31 Jul 2026, 07:03 PM

National Plastic Technologies has approved the reappointment of Mr. Arihant Parakh as Managing Director for a three-year term effective from September 25, 2026, to September 24, 2029. The Board also reappointed M/s. C A Patel & Associates as Statutory Auditors for a five-year period spanning FY 2026-27 to FY 2030-31. Both appointments are subject to shareholder approval at the upcoming Annual General Meeting. Mr. Parakh, who has over 20 years of experience in the plastic industry, continues to lead the company's operations and financial management.

Reappointment of Mr. Arihant Parakh as Managing Director for a 3-year term starting September 25, 2026
Statutory Auditor reappointment for a 5-year block from FY 2026-27 to FY 2030-31
MD Mr. Arihant Parakh brings over 20 years of industry experience and a PG Diploma from ISB Hyderabad
The Board meeting concluded within 1 hour and 40 minutes on July 31, 2026
Promoter holding remains stable at 66.34% as of June 2026

💡 Investors should monitor the upcoming Annual General Meeting for the formal approval of these reappointments and review the detailed Q1 FY27 financial results for performance trends.

National Plastic Technologies Reappoints MD for 3 Years and Statutory Auditor for 5 Years

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 31 Jul 2026, 06:55 PM

National Plastic Technologies has approved its Q1 FY27 financial results and confirmed the reappointment of key leadership positions. Mr. Arihant Parakh, who possesses over 20 years of experience in the plastic industry, has been reappointed as Managing Director for a three-year term effective September 25, 2026. Additionally, C A Patel & Associates have been reappointed as Statutory Auditors for a five-year period spanning FY 2026-27 to FY 2030-31. These reappointments aim to maintain management continuity for the company, which currently generates Rs 341 Cr in TTM revenue.

Reappointment of Mr. Arihant Parakh as Managing Director for a 3-year term starting September 25, 2026
Reappointment of Statutory Auditors, C A Patel & Associates, for a 5-year tenure until the 42nd AGM in 2031
Managing Director Arihant Parakh brings over 20 years of specialized experience in the plastic industry
Trading window for the company's securities to reopen on August 3, 2026
Board approved unaudited standalone financial results for the quarter ended June 30, 2026

💡 Investors should monitor the upcoming Annual General Meeting (AGM) for formal shareholder approval of these reappointments and review the detailed Q1 FY27 financial performance once the full results are published.

National Plastic Technologies Q1 Revenue Up 28.5% YoY to ₹95.18 Cr

🟢 POSITIVE ⭐ 6/10

EARNINGS 📅 31 Jul 2026, 06:52 PM

National Plastic Technologies reported a strong start to FY27 with Q1 revenue reaching ₹95.18 Cr, a 28.5% increase over the ₹74.07 Cr reported in Q1 FY26. Net profit grew 15.3% YoY to ₹2.56 Cr, showing significant sequential recovery from ₹1.49 Cr in the preceding quarter. The board also approved the re-appointment of Mr. Arihant Parakh as Managing Director for a 3-year term and C A Patel & Associates as Statutory Auditors for 5 years. A final dividend of ₹1.50 per share for FY26 remains pending shareholder approval.

Revenue from operations grew 28.5% YoY to ₹95.18 Cr from ₹74.07 Cr.
Net profit after tax increased 15.3% YoY to ₹2.56 Cr compared to ₹2.22 Cr.
Earnings Per Share (EPS) for the quarter rose to ₹4.22 from ₹3.66 YoY.
Managing Director Arihant Parakh re-appointed for 3 years effective September 25, 2026.
Statutory Auditors re-appointed for a 5-year term until FY 2030-31.

💡 Investors should monitor the upcoming AGM for the approval of the ₹1.50 dividend and the MD's re-appointment. Focus on whether the company can maintain this revenue momentum while improving operating margins, which currently face pressure from commodity volatility.

28.5% YoY Revenue Growth in Q1 FY27; Net Profit Rises to ₹2.56 Cr

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 31 Jul 2026, 06:44 PM

National Plastic Technologies reported a strong start to FY27 with revenue from operations growing 28.5% YoY to ₹95.18 Cr. Net profit increased by 15.3% YoY to ₹2.56 Cr, showing significant recovery from the previous quarter's ₹1.49 Cr. While the top line grew robustly, total expenses rose 29% YoY, primarily driven by a 24.6% increase in raw material costs. The board also confirmed the re-appointment of Managing Director Arihant Parakh for a three-year term, ensuring leadership continuity.

Revenue from operations increased to ₹95.18 Cr in Q1 FY27 from ₹74.07 Cr in Q1 FY26.
Net profit grew 15.3% YoY to ₹2.56 Cr, resulting in an EPS of ₹4.22 for the quarter.
Cost of materials consumed rose to ₹67.85 Cr, representing 71.3% of total revenue.
Managing Director Arihant Parakh re-appointed for 3 years effective September 25, 2026.
Finance costs decreased YoY to ₹1.11 Cr from ₹1.33 Cr, indicating improved debt management.

💡 Monitor the company's ability to sustain this revenue momentum in the EV and consumer durables segments while managing raw material price volatility. Watch for the upcoming AGM for shareholder approval of the ₹1.50 per share dividend and leadership re-appointments.

July 31 Board Meeting to Approve Q1 Results and Fix Dividend Record Date

🟡 NEUTRAL ⭐ 4/10

BOARD_MEETING 📅 24 Jul 2026, 07:33 PM

National Plastic Technologies Ltd has scheduled a board meeting on July 31, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. The board will also fix the record date for the final dividend of FY 2025-26, which was previously recommended on May 25, 2026. This follows a quarter (Mar 2026) where the company reported a net profit of Rs 1.49 crore on a revenue of Rs 89.59 crore. The company currently operates with a market capitalization of Rs 129 crore and a TTM revenue of Rs 341 crore.

Board meeting scheduled for July 31, 2026, to approve Q1 FY27 results.
Record date for the FY25-26 final dividend to be finalized during the meeting.
Trading window for insiders has been closed since June 30, 2026.
Company reported a revenue of Rs 74.07 crore in the corresponding quarter of the previous year (June 2025).

💡 Investors should monitor the Q1 FY27 results on July 31 to assess if the company can improve its operating profit margin, which stood at 7.6% for the TTM period, and check for the specific record date for dividend eligibility.

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💰 Financial Performance

Revenue Growth by Segment

The company reported growth in its primary segments of Automotive and Consumer Durables, though specific segment-wise revenue figures were not disclosed. Overall Profit After Tax (PAT) grew by 7.26% YoY, reaching INR 9.03 Cr in FY 2024-25 compared to INR 8.42 Cr in FY 2023-24.

Geographic Revenue Split

Not disclosed in available documents; however, the company operates two manufacturing plants in Hosur, Tamil Nadu, and targets the domestic Indian market and exports.

Profitability Margins

Operating Profit Margin decreased by 4% YoY to 8.14% in FY 2024-25 from 8.51% in FY 2023-24. Net Profit Margin declined by 7% YoY to 2.91% from 3.13% in the previous year, primarily due to increased operational costs and commodity price volatility.

EBITDA Margin

Operating Profit Margin stands at 8.14% for FY 2024-25, reflecting a slight contraction from 8.51% in FY 2023-24 due to reduced margins on a higher base.

Capital Expenditure

The company is investing in Solar power plants and upgrading machines with technologies like hot foiling and robot welding. Specific INR values for planned CAPEX were not disclosed, but investments are described as being 'ahead of the curve'.

Credit Rating & Borrowing

The company improved its Debt-Equity Ratio by 15%, reducing it to 1.16 times in FY 2024-25 from 1.35 times in FY 2023-24. Interest Coverage Ratio remains stable at 3.13 times.

⚙️ Operational Drivers

Raw Materials

Plastics and various commodities; specific chemical names or percentage of total cost were not disclosed, but volatility in these prices is cited as a major threat to margins.

Capacity Expansion

Current operations are conducted through two plants in Hosur (SIDCO Industrial Estate and Devankottai Taluk). The company is continuously upgrading machines to include hot foiling, ultrasonic welding, blow molding, and robot welding to meet customer requirements.

Raw Material Costs

Raw material costs are subject to commodity price fluctuations, which contributed to a 7% decline in Net Profit Margin. The company focuses on value-added products to mitigate these costs.

Manufacturing Efficiency

The company utilizes automation and robot welding to improve efficiency. Inventory Turnover Ratio improved by 7% to 7.35 times, indicating better asset utilization.

Logistics & Distribution

Plants are strategically located in Hosur to ensure easy access to transportation modes and proximity to major Automotive and Consumer Durable OEMs.

📈 Strategic Growth

Expected Growth Rate

6.50%

Growth Strategy

Growth will be driven by the rising adoption of Electric Vehicles (EVs), where the company is already supplying components to two-wheeler manufacturers. Additional strategies include expanding the R&D center, increasing exports, participating in government tenders, and leveraging the 'Make in India' initiative in the electronics and consumer durables sectors.

Products & Services

Plastic molded products and components for the Automotive (ICE and EV), Consumer Durables, Packaging, and Electronics industries.

Brand Portfolio

National Plastic Technologies (part of the National Group with 70+ years of excellence).

New Products/Services

Value-added products for EV manufacturers and premium feature-led products for the consumer durables industry. Expected revenue contribution % not disclosed.

Market Expansion

Targeting increased volume in the EV segment and electronics manufacturing, which is expected to reach US$ 300 billion in India within a few years.

Market Share & Ranking

India is the 3rd largest consumer of plastics globally; the company identifies as a major supplier to the automotive and consumer durable sectors.

Strategic Alliances

The company is in constant discussion with OEMs and Tier-I players to add new customers, though specific partner names were not listed.

🌍 External Factors

Industry Trends

The Indian plastic industry is expected to grow at a CAGR of 6.50% to reach USD 67.82 billion by 2030. Trends include the substitution of traditional materials with plastics in EV (weight reduction) and a shift toward premium, sustainable consumer durables.

Competitive Landscape

The sector contains over 30,000 companies; the company faces 'increasing competition' but maintains a competitive edge through technology adoption like ultrasonic welding and hot foiling.

Competitive Moat

Moat is built on 70+ years of group experience, long-standing relationships with OEMs spanning decades, and strategically located plants. Sustainability is supported by high switching costs for OEMs once a supplier is integrated into their production line.

Macro Economic Sensitivity

Highly sensitive to Indian GDP growth (6.50% in FY25) and per capita plastic consumption, which is currently low at 15 kgs compared to developed nations.

Consumer Behavior

Shift toward locally manufactured ('Make in India') and premium, technology-led consumer products.

Geopolitical Risks

Global uncertainty is mentioned as a challenge, but the company's focus on domestic 'Make in India' initiatives provides a buffer against trade barriers.

⚖️ Regulatory & Governance

Industry Regulations

Compliant with all statutory and regulatory requirements for its manufacturing plants; no major pending litigations reported.

Environmental Compliance

All plants are compliant with statutory requirements; the company is investing in Solar power and power-saving devices to meet environmental standards.

Legal Contingencies

BSE imposed a fine of INR 1.80 lakhs plus GST for delayed submission of financial results for the years 2014-15 and 2015-16; a review application is pending. A separate INR 2 lakh fine regarding board composition was withdrawn by BSE after company submissions.

⚠️ Risk Analysis

Key Uncertainties

Commodity price volatility and increase in operation costs are the primary risks that could impact margins by 5-10% based on historical margin fluctuations.