Profit lagging revenue
Revenue grew 7.4% but profit declined 0.7%, so the company kept less of each rupee of revenue as profit.
Importance 63 / 95 · growth
The strongest observations the engine found, ranked. Every line is generated from the filed numbers by a fixed rule — no opinion, no estimate.
Revenue grew 7.4% but profit declined 0.7%, so the company kept less of each rupee of revenue as profit.
Importance 63 / 95 · growth
ROE of 16.1% is the lowest in 7 years (prior range 17.8% to 36.0%).
Importance 57 / 95 · profitability
Net worth compounded at 16.2% a year over 7 years (₹2,154 → ₹6,169).
Importance 56 / 95 · financial health
Classified by the exchange under Industrials › Capital Goods › Industrial Products › Plastic Products - Industrial.
Peer set used on this page: 2 plastic products - industrial.
Revenue grew 7.4% but profit declined 0.7%, so the company kept less of each rupee of revenue as profit.
Rule PROFIT_SLOWER_THAN_REVENUE
Revenue has compounded at 10.4% a year over 7 years (₹5,612 → ₹11,218) — steady rather than rapid.
Quarterly results, the trailing-twelve-months snapshot, and verified corporate actions — kept separate from each other and from the annual story above. Every figure traces to a filed number; nothing here is external news or commentary.
Q1 FY27 net profit was ₹281 cr, up 38.8% from ₹202 cr a year earlier.
Rule QTR_PROFIT_GROWTH_YOY
Q1 FY27 net profit grew 38.8% while revenue grew 4.2% vs the same quarter last year — a gap of 34.6 percentage points.
Rule QTR_PROFIT_VS_REVENUE_GROWTH
Q1 FY27 interest (finance cost) was ₹4 cr, up 50.2% from ₹3 cr a year earlier.
Rule QTR_INTEREST_EXPENSE_CHANGE_YOY
| Quarter | Revenue | YoY | Net profit | YoY | Net margin |
|---|---|---|---|---|---|
| Q2 FY25 | 2,273 | — | 207 | — | 9.1% |
| Q3 FY25 | 2,510 | +2.5% | 187 | −27.0% | 7.4% |
| Q4 FY25 | 3,027 | +0.6% | 294 | −17.2% | 9.7% |
| Q1 FY26 | 2,609 | −1.0% | 202 | −26.0% | 7.8% |
| Q2 FY26 | 2,394 | +5.3% | 165 | −20.3% | 6.9% |
| Q3 FY26 | 2,687 | +7.1% | 153 | −18.0% | 5.7% |
| Q4 FY26 | 3,528 | +16.5% | 434 | +47.5% | 12.3% |
| Q1 FY27 | 2,718 | +4.2% | 281 | +38.8% | 10.3% |
Trailing twelve months to 30 Jun 2026 · sum of the last 4 contiguous quarters
ROE of 16.1% is the lowest in 7 years (prior range 17.8% to 36.0%).
Rule ROE_AT_MULTI_YEAR_LOW
Net worth compounded at 16.2% a year over 7 years (₹2,154 → ₹6,169).
Rule NET_WORTH_COMPOUNDING
Operating cash flow has matched or exceeded reported profit in 5 of the last 6 profit-making years (latest 1.27×).
Free cash flow has been positive in 6 of the last 6 years.
Ranked against 2 plastic products - industrial (FY2026, consolidated). No peer-relative rule fired for this company.
Not enough peers in this set report the underlying metrics yet for a ranking.
On the trailing twelve months. Last full year: P/E 45.0× · P/S 3.8× · ROE 16.1%.
Long-term price performance is shown above.
Price-action indicators as of 2026-10-01. Secondary to the fundamentals above — included for timing context, not as a signal.
Observations the engine tagged watch or deteriorating — prompts for your own research, not conclusions.
The full statements, kept deliberately secondary. Every figure traces to a BSE Integrated Filing (inline XBRL); ratios are recomputed from the normalised facts.
| Metric | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,612 | 5,512 | 6,357 | 7,773 | 9,202 | 10,134 | 10,446 | 11,218 |
| Total income | 5,620 | 5,513 | 6,361 | 7,793 | 9,231 | 10,200 | 10,504 | 11,262 |
| EBITDA | 792 | 836 | 1,289 | 1,262 | 1,229 | 1,613 | 1,489 | 1,598 |
| Profit before tax | 650 | 610 | 1,066 | 1,027 | 958 | 1,299 | 1,119 | 1,141 |
| Net profit | 449 | 467 | 978 | 968 | 865 | 1,070 | 961 | 954 |
| EPS (₹) | 35.3 | 36.8 | 77.0 | 381.1 | 68.1 | 84.2 | 75.6 | 75.1 |
| Net worth | 2,154 | 2,261 | 3,169 | 3,844 | 4,402 | 5,109 | 5,660 | 6,169 |
| Total debt | 162 | 411 | 1 | 0 | 0 | 0 | 0 | 0 |
| Operating cash flow | — | — | 1,246 | 471 | 890 | 1,431 | 1,004 | 1,215 |
| Free cash flow | — | — | 1,020 | 5 | 469 | 745 | 116 | 104 |
| Ratio | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| Growth | ||||||||
| Revenue growth YoY | — | -1.8 | 15.3 | 22.3 | 18.4 | 10.1 | 3.1 | 7.4 |
| Profit growth YoY | — | 4.2 | 109.3 | -1.0 | -10.6 | 23.6 | -10.2 | -0.7 |
| Profitability | ||||||||
| EBITDA margin % | 14.1 | 15.2 | 20.3 | 16.2 | 13.4 | 15.9 | 14.3 | 14.2 |
| Net margin % | 8.0 | 8.5 | 15.4 | 12.4 | 9.4 | 10.5 | 9.1 | 8.5 |
| Return on equity % | 20.8 | 21.2 | 36.0 | 27.6 | 21.0 | 22.5 | 17.8 | 16.1 |
| Return on capital % | 26.3 | 25.3 | 36.8 | 29.4 | 23.4 | 27.6 | 21.0 | 19.8 |
| Leverage & cash | ||||||||
| Debt to equity | 0.08 | 0.18 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash flow ÷ profit | — | — | 1.27 | 0.49 | 1.03 | 1.34 | 1.04 | 1.27 |
| Current ratio | 1.43 | 1.37 | 2.13 | 2.47 | 2.53 | 2.58 | 2.36 | 2.20 |