Bai-Kakaji Polymers FY26 PAT rises 48.5% to ₹26.98 crore

Bai-Kakaji Polymers Limited reported a 48.5% increase in profit after tax to ₹26.98 crore for the financial year ended March 31, 2026, driven by improved operational efficiencies and a stronger balance sheet. Revenue from operations rose 12.1% to ₹364.69 crore, while EBITDA surged 43.9% to ₹48.78 crore, expanding the EBITDA margin by 300 basis points to 13.4%. The company’s operating cash flow turned positive at ₹28.04 crore compared to a negative ₹9.93 crore in the previous year.

Financial Performance

The company’s net profit margin improved to 7.4% from 5.6% in FY25. Total borrowings decreased sharply by 39.7% to ₹65.73 crore, resulting in a debt-to-equity ratio of 0.37x, down from 2.04x. Net fixed assets grew 40% to ₹144.30 crore, reflecting capacity expansion. The gross block for the group increased to approximately ₹217 crore.

Parameter	FY26	FY25	Change
Revenue from Operations (Rs. Cr)	364.69	325.37	+12.1%
EBITDA (Rs. Cr)	48.78	33.90	+43.9%
EBITDA Margin (%)	13.4%	10.4%	+300 bps
PAT (Rs. Cr)	26.98	18.17	+48.5%
PAT Margin (%)	7.4%	5.6%	+180 bps
Total Borrowings (Rs. Cr)	65.73	109.02	Down 39.7%
Debt-Equity Ratio (x)	0.37x	2.04x	Sharply lower
Net Fixed Assets (Rs. Cr)	144.30	103.07	+40%
Operating Cash Flow (Rs. Cr)	+28.04	-9.93	Turned Positive

Strategic Expansion

Bai-Kakaji Polymers is executing a ~₹100 crore capital expenditure plan to expand capacity across rigid and flexible packaging segments. The company operates four manufacturing facilities in Latur, Maharashtra, with a total PET preform capacity of 22,600 MTPA and caps and closures capacity of approximately 500 crore units per annum. Flexible packaging capacity stands at 8,460 MTPA with utilization rates around 90%.

Future Outlook

The management has outlined a growth roadmap targeting ₹1,000 crore revenue by FY29. The company is expanding its flexible packaging business through its wholly-owned subsidiary, Mundada Polymers, to offer integrated packaging solutions. Key investments include mould and ancillary equipment, proposed Husky and SACMI machines, and a 3.1 MW solar power plant to enhance sustainability.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.06%	+8.11%	+2.24%	-4.36%	-4.36%	-4.36%

Bai Kakaji Polymers Limited will hold a virtual investor meeting on June 15, 2026, organized by Hem Securities as part of the Samruddhi Season 3 – Nav-Bharat ka Caravan initiative. The meeting is scheduled to take place between 12:00 pm and 1:00 pm. The company stated that no unpublished price sensitive information will be shared during the interaction with analysts and investors.

The disclosure was made to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The company noted that the schedule is subject to changes due to exigencies on the part of investors, analysts, or the company itself.

Meeting Details

Date of the Meeting	Particulars	Type of Meeting	Mode of Meeting	Time
15-June-26	Samruddhi Season 3 – Nav-Bharat ka Caravan – organised by Hem Securities	Group Conference Meeting	Virtual Meeting	12:00 – 1:00 pm

Participants wishing to attend the session must register in advance via the provided link. The presentations made during the meeting will follow the same lines as those available on the websites of bai kakaji polymers and the stock exchange.