AMS Polymers discloses exemption from related party disclosure norms

1 min read     Updated on 23 May 2026, 02:15 PM
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Suketu GScanX News Team
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AMS Polymers Limited reported that Regulation 23(9) related party disclosure is not applicable for Q4FY26 and FY26. The exemption follows the company's confirmation that its paid-up equity share capital and net worth remained below ₹10 crore and ₹25 crore respectively, satisfying the criteria under Regulation 15(2) of SEBI regulations.

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AMS Polymers Limited has submitted a disclosure to the stock exchanges regarding the non-applicability of Regulation 23(9) of the SEBI (Listing Obligation and Disclosure Requirements), 2015. This regulation pertains to disclosures regarding related party transactions. The company stated that the exemption applies to the quarter and financial year ended March 31, 2026.

The notification cites Regulation 15(2) of the SEBI (Listing Obligations and Disclosure Requirements), 2015. This provision specifies that compliance with certain Corporate Governance norms, including those outlined in Regulations 17 to 27, does not apply to listed entities with specific financial thresholds. Specifically, the exemption is available to companies whose paid-up equity share capital does not exceed ₹10 crore and whose net worth does not exceed ₹25 crore as on the last day of the previous financial year.

In its communication, AMS Polymers Limited confirmed that neither its net worth exceeded ₹25 crore nor did its paid-up equity share capital exceed ₹10 crore. As a result, the company is not required to provide the disclosure relating to related parties under Regulation 23(9). The letter was signed by Dilshad Ahmed, Company Secretary & Compliance Officer, on May 23, 2026.

Financial Thresholds for Exemption

The company's eligibility for the exemption is based on the following financial parameters as on the last day of the previous financial year:

Parameter Threshold Limit Company Status
Paid-up Equity Share Capital ₹10 crore Did not exceed
Net Worth ₹25 crore Did not exceed

The disclosure was addressed to the Manager (Listing) at BSE Limited, with copies sent to the Ahmedabad Stock Exchange, Ludhiana Stock Exchange, and Delhi Stock Exchange Ltd.

Historical Stock Returns for Ams Polymers

1 Day5 Days1 Month6 Months1 Year5 Years
-5.00%-0.22%+17.53%+164.21%+164.21%+220.49%

If AMS Polymers Limited's net worth or paid-up equity share capital crosses the SEBI threshold limits in the coming financial years, how prepared is the company to comply with full Corporate Governance disclosure requirements under Regulations 17 to 27?

What are the potential risks for minority shareholders of small-cap companies like AMS Polymers Limited that are exempt from related party transaction disclosures under Regulation 23(9)?

Could SEBI consider revising the financial thresholds for Corporate Governance exemptions under Regulation 15(2) to enhance transparency across a broader set of listed entities?

AMS Polymers FY26 Net Profit Rises to ₹78.84 Lacs

1 min read     Updated on 22 May 2026, 07:23 PM
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AMS Polymers reported a 2.4% increase in net profit to ₹78.84 lacs for FY26, driven by a rise in revenue from operations to ₹10,959.75 lacs. For the quarter ended March 31, 2026, net profit stood at ₹10.24 lacs. The board approved the audited results and appointed M/s A Saini & Associates as the Internal Auditor for the upcoming financial year.

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AMS Polymers Limited has announced its audited standalone financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved the results during its meeting held on May 22, 2026. The company reported a net profit of ₹78.84 lacs for the full year, compared to ₹77.02 lacs in the previous year.

Financial Performance for FY26

For the year ended March 31, 2026, the company recorded a total income of ₹10,963.34 lacs, a slight increase from ₹10,096.60 lacs in the prior year. Revenue from operations stood at ₹10,959.75 lacs, up from ₹10,096.36 lacs. Total expenses for the year rose to ₹10,852.14 lacs from ₹9,995.01 lacs. The profit for the period from continuing operations was ₹78.84 lacs, with basic earnings per share (EPS) increasing to ₹2.39 from ₹2.33 in the previous year.

Quarterly Results

In the quarter ended March 31, 2026, AMS Polymers reported a net profit of ₹10.24 lacs, a decline from ₹16.60 lacs in the same quarter of the previous year. Revenue from operations for the quarter was ₹2,850.33 lacs, compared to ₹2,811.66 lacs in the corresponding period last year. Total income for Q4 FY26 stood at ₹2,853.92 lacs, while total expenses were ₹2,831.24 lacs.

Key Financial Metrics

The following table summarizes the key financial figures for the year and quarter ended March 31, 2026:

Metric Year Ended March 31, 2026 (₹ in Lacs) Year Ended March 31, 2025 (₹ in Lacs) Quarter Ended March 31, 2026 (₹ in Lacs)
Revenue from Operations 10,959.75 10,096.36 2,850.33
Total Income 10,963.34 10,096.60 2,853.92
Total Expenses 10,852.14 9,995.01 2,831.24
Net Profit 78.84 77.02 10.24
Basic EPS (₹) 2.39 2.33 0.31

Corporate Developments

Alongside the financial results, the board appointed M/s A Saini & Associates, Chartered Accountants, as the Internal Auditor of the company for the financial year 2026-27. The trading window for dealing in the company's shares, which was closed since April 1, 2026, will remain in effect until May 24, 2026, in accordance with SEBI regulations.

Historical Stock Returns for Ams Polymers

1 Day5 Days1 Month6 Months1 Year5 Years
-5.00%-0.22%+17.53%+164.21%+164.21%+220.49%

Given that AMS Polymers' net profit margin remains razor-thin at under 1% despite revenue growth, what strategic initiatives could the company pursue to meaningfully improve profitability in FY27?

With total expenses growing faster than revenue (8.6% vs 8.6%), how might rising input costs in the polymer industry impact AMS Polymers' margins in the coming quarters?

How does AMS Polymers' Q4 FY26 profit decline of 38% year-on-year signal potential demand or pricing pressures that could persist into FY27?

More News on Ams Polymers

1 Year Returns:+164.21%