Credit Rating as enclosed
Newspaper Advertisement for the Audited Financial Results for the quarter and year ended 31.03.2026
Results for the quarter and year ended 31st March 2026
Outcome of Board Meeting
The Board Meeting to be held on 29/05/2026 has been revised to 30/05/2026
Intimation of effective date of scheme of amalgamation enclosed herewith.
Credit rating
Credit Rating
Intimation under Regulation 30 of the SEBI (LODR) Regulations 2015 regarding the Order dated 14th May, 2026 passed by the Hon'ble NCLT, Ahmedabad Bench sanctioning the Scheme of Amalgamation of Kunal Plastics Private Limited with the Ecoplast Limited and their respective shareholders.
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 25.43 | 29.95 | 28.40 | 29.66 | 30.40 | 30.35 | 33.39 | 32.45 | 34.33 | 35.73 | 36.07 | 57.37 |
| YOY Revenue Growth % | -1.9% | 50.07% | 21.95% | 10.49% | 19.54% | 1.36% | 17.56% | 9.38% | 12.96% | 17.72% | 8.03% | 76.81% |
| Other Income | 0.59 | 0.36 | 0.42 | 0.81 | 0.66 | 0.40 | 0.42 | 0.73 | 0.93 | 0.70 | 0.48 | 0.80 |
| Total Income | 26.02 | 30.31 | 28.83 | 30.47 | 31.06 | 30.75 | 33.81 | 33.18 | 35.26 | 36.44 | 36.55 | 58.17 |
| Total Expenses + | 23.48 | 26.77 | 26.30 | 26.64 | 28.15 | 28.42 | 30.98 | 30.18 | 32.48 | 33.65 | 34.62 | 52.34 |
| Cost of Materials Consumed | 16.64 | 18.80 | 18.54 | 18.59 | 20.28 | 20.19 | 21.22 | 19.77 | 23.41 | 23.23 | 23.72 | 35.30 |
| Employee Benefit Expense | 2.71 | 2.73 | 2.99 | 2.69 | 3.12 | 3.27 | 3.29 | 3.39 | 3.85 | 4.06 | 4.23 | 6.81 |
| Other Expenses | 3.91 | 4.66 | 4.63 | 4.72 | 4.80 | 4.73 | 4.69 | 4.43 | 5.55 | 5.33 | 5.21 | 9.14 |
| Operating Profit | 1.95 | 3.17 | 2.10 | 3.02 | 2.25 | 1.93 | 2.42 | 2.27 | 1.85 | 2.08 | 1.46 | 5.03 |
| OPM % | 7.7% | 10.6% | 7.4% | 10.2% | 7.4% | 6.4% | 7.2% | 7% | 5.4% | 5.8% | 4% | 8.8% |
| Profit Before Tax + | 2.54 | 3.54 | 2.52 | 3.83 | 2.91 | 2.33 | 2.84 | 3.00 | 2.78 | 2.78 | 1.94 | 5.84 |
| Tax Expense | 0.76 | 0.73 | 0.68 | 0.80 | 0.72 | 0.58 | 0.73 | 0.99 | 0.71 | 0.76 | 0.55 | 1.30 |
| Tax % | 30% | 20.6% | 26.9% | 20.8% | 24.9% | 24.8% | 25.7% | 32.8% | 25.6% | 27.4% | 28.2% | 22.2% |
| Profit After Tax | 1.78 | 2.81 | 1.85 | 3.04 | 2.19 | 1.75 | 2.11 | 2.02 | 2.07 | 2.02 | 1.39 | 4.54 |
| EPS (Basic) | 5.93 | 9.36 | 6.15 | 10.12 | 7.29 | 5.83 | 7.03 | 5.83 | 5.98 | 5.85 | 4.03 | 9.55 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Revenue from Operations | 221.08 | 126.59 | 113.44 | 96.01 | 94.11 | 75.37 |
| YOY Revenue Growth % | 74.65% | 11.59% | 18.15% | 2.02% | 24.87% | - |
| Other Income | 3.79 | 2.21 | 2.18 | 3.90 | 0.85 | 0.93 |
| Total Income | 224.87 | 128.80 | 115.62 | 99.91 | 94.96 | 76.30 |
| Total Expenses + | 208.90 | 117.72 | 103.19 | 93.72 | 97.51 | 75.97 |
| Cost of Materials Consumed | 139.00 | 81.46 | 72.57 | 67.33 | 71.17 | 52.47 |
| Employee Benefit Expense | 27.38 | 13.07 | 11.11 | 9.27 | 9.50 | 8.49 |
| Other Expenses | 37.29 | 18.65 | 17.92 | 13.50 | 14.25 | 10.63 |
| Operating Profit | 12.18 | 8.86 | 10.25 | 2.30 | -3.40 | -0.59 |
| OPM % | 5.5% | 7% | 9% | 2.4% | -3.6% | -0.8% |
| Profit Before Exceptional | 15.97 | 11.07 | 12.43 | 6.20 | -2.55 | 0.33 |
| Exceptional Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit Before Tax + | 15.97 | 11.07 | 12.43 | 6.20 | -2.55 | 0.33 |
| Tax Expense | 3.99 | 3.01 | 2.96 | 1.75 | -0.81 | 0.10 |
| Tax % | 25% | 27.2% | 23.8% | 28.3% | - | 29.2% |
| Profit After Tax | 11.98 | 8.06 | 9.47 | 4.45 | -1.74 | 0.24 |
| EPS (Basic) | 25.20 | 26.50 | 31.56 | 14.82 | -5.80 | 0.78 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Non-Current Assets + | 71.50 | 28.03 | 19.57 | 16.89 | 18.96 | 19.16 |
| Property, Plant & Equipment | 45.24 | 24.10 | 15.18 | 14.80 | 15.79 | 16.56 |
| Capital Work in Progress | 6.19 | 0.52 | 0.48 | 0.08 | 0.02 | 0.65 |
| Non-Current Investments | 0.93 | 0.93 | 0.93 | 0.73 | 0.73 | 0.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Current Assets + | 71.57 | 59.26 | 35.35 | 27.06 | 35.48 | 32.22 |
| Inventories | 24.47 | 14.65 | 12.45 | 10.45 | 12.93 | 10.22 |
| Trade Receivables | 31.40 | 16.01 | 10.65 | 11.96 | 20.06 | 20.17 |
| Cash and Cash Equivalents | 3.36 | 4.58 | 1.91 | 2.36 | 0.43 | 0.08 |
| Current Investments | 3.00 | 18.07 | 0.00 | 0.00 | 0.00 | 0.00 |
| LIABILITIES & EQUITY | ||||||
| Total Equity | 119.52 | 74.24 | 42.25 | 33.31 | 29.72 | 31.74 |
| Equity Share Capital | 3.45 | 3.45 | 3.00 | 3.00 | 3.00 | 3.00 |
| Other Equity | 116.07 | 70.79 | 39.25 | 30.31 | 26.72 | 28.74 |
| Non-Current Liabilities | 3.14 | 1.96 | 2.23 | 1.56 | 3.59 | 5.99 |
| Current Liabilities | 20.41 | 11.10 | 10.43 | 9.09 | 21.13 | 13.65 |
| Total Liabilities | 23.55 | 13.06 | 12.67 | 10.65 | 24.72 | 19.65 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Cash from Operating Activities | -2.09 | 5.07 | 12.80 | 14.52 | -2.39 | 8.62 |
| Cash from Investing Activities | -6.17 | -29.37 | -3.57 | 0.53 | -1.52 | 1.27 |
| Cash from Financing Activities | -0.11 | 23.12 | -1.89 | -13.42 | 4.47 | -4.65 |
| Net Increase/Decrease in Cash | -8.37 | -1.18 | 7.34 | 1.63 | 0.56 | 5.25 |