Ambitious Plastomac Company Limited appointed Anil Bhambhani as Whole Time Company Secretary and Compliance Officer effective August 24, 2026.

The Board of Directors approved the appointment during its meeting held on August 18, 2026, at the company’s registered office in Ahmedabad. The decision aligns with Section 203 of the Companies Act, 2013, and Regulation 6(1) of the SEBI Listing Regulations.

Appointment Details

Mr. Bhambhani brings over 20 years of experience in corporate secretarial, legal, and financial operations. He is an Associate Member of the Institute of Company Secretaries of India (ICSI) with membership number ACS 13310 and holds an LL.B. degree.

His expertise covers statutory compliance, banking operations, legal contracts, regulatory liaisoning, and corporate governance. The Nomination and Remuneration Committee recommended his appointment to the Board.

Regulatory Disclosures

The company disclosed the appointment pursuant to Regulation 30 and Part A of Schedule III of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. Mr. Bhambhani has been authorized to determine the materiality of events or information for stock exchange reporting alongside existing authorized persons.

The designated Key Managerial Personnel for communication include:

There are no disclosed relationships between directors regarding this appointment.

Ambitious Plastomac Company Limited reported a sharp rise in profitability for the first quarter of FY27, driven by substantial revenue growth. The company posted a net profit after tax of ₹4.89 lakh for the quarter ended June 30, 2026, compared to ₹2.47 lakh in the corresponding period of FY26. This represents a year-on-year increase of nearly 100%, signaling improved operational efficiency and scale.

Total income for the quarter reached ₹358.46 lakh, a significant jump from ₹140.55 lakh recorded in Q1FY26. The surge in top-line figures contributed directly to the bottom-line expansion, with earnings per share (EPS) rising to ₹0.08 from ₹0.04 in the previous year's quarter.

Financial Performance Overview

The financial results highlight a strong recovery and growth trajectory for the manufacturing firm. Key metrics for the quarter are detailed below:

On a sequential basis, the current quarter also outperformed the immediately preceding quarter (Q4FY26), where total income was ₹49.28 lakh and net profit after tax stood at ₹1.74 lakh. This quarter-over-quarter improvement suggests accelerating business momentum as the new fiscal year begins.

What the Numbers Show

A key observation from the filing is the disproportionate growth in total income relative to net profit. While revenue more than doubled year-on-year, net profit increased by a similar magnitude but from a smaller base. The company’s reserves, excluding revaluation reserve, showed a negative balance of -₹632.53 lakh as per the audited balance sheet of the previous year. This indicates that while current operations are generating positive cash flows and profits, the company is still working through accumulated historical deficits. The sustained positive PAT in Q1FY27 is a critical step toward rebuilding equity reserves.

Corporate Governance and Approvals

The unaudited financial results for the quarter ended June 30, 2026, were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on August 13, 2026. The statutory auditors have carried out a limited review of the financial results in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Managing Director Pinkal R. Patel confirmed the results, which are available on the company’s website and the stock exchange portals. The full format of the quarterly results has been filed with the BSE and NSE under the relevant regulatory provisions.