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 | 5,511 | 6,357 | 7,773 | 9,201 | 10,134 | 10,446 | 11,218 |
| Total income | 5,632 | 5,530 | 6,373 | 7,841 | 9,283 | 10,252 | 10,559 | 11,320 |
| EBITDA | 805 | 854 | 1,300 | 1,310 | 1,282 | 1,666 | 1,546 | 1,657 |
| Profit before tax | 677 | 628 | 1,078 | 1,075 | 1,010 | 1,352 | 1,175 | 1,199 |
| Net profit | 461 | 496 | 801 | 812 | 764 | 1,016 | 897 | 911 |
| EPS (₹) | 36.3 | 39.1 | 63.1 | 319.5 | 60.2 | 80.0 | 70.6 | 71.7 |
| Net worth | 1,993 | 2,133 | 2,869 | 3,388 | 3,845 | 4,499 | 4,986 | 5,452 |
| Total debt | 162 | 411 | 1 | 0 | 0 | 0 | 0 | 0 |
| Operating cash flow | — | — | 1,246 | 472 | 891 | 1,431 | 1,004 | 1,214 |
| Free cash flow | — | — | 1,019 | 6 | 470 | 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 | — | 7.7 | 61.4 | 1.3 | -5.8 | 32.9 | -11.7 | 1.6 |
| Profitability | ||||||||
| EBITDA margin % | 14.3 | 15.5 | 20.5 | 16.9 | 13.9 | 16.4 | 14.8 | 14.8 |
| Net margin % | 8.2 | 9.0 | 12.6 | 10.4 | 8.2 | 9.9 | 8.5 | 8.1 |
| Return on equity % | 23.1 | 24.1 | 32.0 | 26.0 | 21.1 | 24.4 | 18.9 | 17.5 |
| Return on capital % | 28.8 | 27.6 | 40.2 | 34.5 | 28.2 | 32.8 | 25.0 | 23.5 |
| Leverage & cash | ||||||||
| Debt to equity | 0.08 | 0.19 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash flow ÷ profit | — | — | 1.55 | 0.58 | 1.17 | 1.41 | 1.12 | 1.33 |
| Current ratio | 1.43 | 1.37 | 2.13 | 2.47 | 2.53 | 2.58 | 2.36 | 2.20 |