AMS Polymers reported a net profit of ₹78.84 lakh for the financial year ended March 31, 2026, a slight increase from ₹77.02 lakh in the previous year. Revenue from operations for the year stood at ₹10,959.75 lakh, compared to ₹10,096.36 lakh in FY25. The company’s total income for FY26 was ₹10,963.34 lakh.

For the quarter ended March 31, 2026, the company recorded a net profit of ₹10.24 lakh, a decline from ₹16.60 lakh in the same quarter of the previous year. Revenue from operations for Q4FY26 was ₹2,850.33 lakh, up from ₹2,811.66 lakh in Q4FY25. Total expenses for the quarter increased to ₹2,831.24 lakh from ₹2,788.46 lakh in the corresponding period last year.

The Board of Directors, in its meeting held on May 22, 2026, approved the audited standalone financial results for the quarter and year ended March 31, 2026. The statutory auditors, M/s Roshan Agarwal & Associates, issued an audit report with an unmodified opinion on the annual audited standalone financial statements. The Board also appointed M/s A Saini & Associates, Chartered Accountants, as the internal auditor for the financial year 2026-27.

The company’s earnings per equity share (basic and diluted) for FY26 stood at ₹2.39, compared to ₹2.33 in the previous year. For the quarter ended March 31, 2026, the earnings per share were ₹0.31. The paid-up equity share capital remained unchanged at ₹330.25 lakh with a face value of ₹10 per share.

Financial Performance Summary

The company also addressed a discrepancy in its financial results submitted under Regulation 33/52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It clarified that the required declaration in XBRL mode was not submitted due to a clerical error and has since been uploaded to the BSE Listing Portal.

AMS Polymers Ltd statutory auditor Roshan Agarwal & Associates resigned effective June 30, 2026, citing pre-occupation with other professional assignments and a lack of a dedicated audit team. The firm, appointed on August 8, 2025, was originally scheduled to hold office until the conclusion of the 41st Annual General Meeting of the company. The resignation was intimated to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The auditor confirmed that apart from the stated reasons, there are no other material reasons for the resignation. The firm also confirmed that it had not approached the Audit Committee or the Board of Directors regarding any concerns prior to resigning. The disclosure included details of the auditor's association, noting that the latest limited review report was for the quarter and nine months ended December 31, 2025, and the audited financial results for the year ended March 31, 2026, were submitted on May 22, 2026.

Auditor Details

The resignation details were provided in the format specified by SEBI Circular No. CIR/CFD/CMD1/114/2019 dated October 18, 2019. The auditor confirmed that the inability to obtain sufficient appropriate audit evidence was not due to management-imposed limitations or circumstances beyond management's control.

The company has requested the exchanges to take note of the intimation. Dilshad Ahmed, Company Secretary of AMS Polymers Limited, signed the communication sent to BSE Limited, Ahmedabad Stock Exchange Limited, Ludhiana Stock Exchange Limited, and Delhi Stock Exchange Ltd.