Bai Kakaji Polymers Limited reported a 48.5% increase in consolidated net profit to ₹26.98 crore for the financial year ended March 31, 2026, driven by operating leverage and a richer product mix. Revenue from operations rose 12.1% to ₹364.69 crore from ₹325.37 crore in the previous year. The board approved the audited standalone and consolidated financial results for the half-year and full year ended March 31, 2026, at a meeting held on May 29, 2026.

The statutory auditor, Ratan Chandak & Co LLP, issued an unmodified opinion on the audited standalone and consolidated financial results. The company’s basic earnings per share (EPS) for the year stood at ₹15.32, compared to ₹80.75 in the previous year. The decline in EPS is attributed to the increase in paid-up equity share capital following the company’s initial public offer. The company completed its IPO of 56,54,400 equity shares at ₹186 each, with listing on the SME platform of BSE Limited on December 31, 2025.

Financial Performance

The company’s total income for FY26 increased to ₹364.69 crore from ₹325.37 crore in FY25. Total expenses for the year amounted to ₹315.91 crore, up from ₹291.47 crore in the prior year. Profit before tax for the year rose to ₹36.01 crore from ₹25.85 crore. For the half-year ended March 31, 2026, net profit was ₹13.96 crore on revenue of ₹202.58 crore.

Consolidated Results

On a consolidated basis, net profit for FY26 increased to ₹26.98 crore from ₹18.17 crore in the previous year. Consolidated revenue from operations stood at ₹364.69 crore, compared to ₹325.37 crore in FY25. The consolidated results include the financial performance of subsidiary Mundada Polymers Private Limited. The auditors also issued an unmodified opinion on the consolidated financial results.

The company’s manufacturing facilities are located in the Latur industrial area of Maharashtra, specifically at Plot No. M3 & M4, Plot No. G17, Plot No. G3/1 & G19/1/1, and Plot No. D-52 in the Additional M.I.D.C. zone.

BAI-KAKAJI Polymers Limited has filed its mandatory annual disclosure with BSE Limited under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, for the financial year ended 31st March, 2026. The disclosure, dated 05/04/2026, was submitted by the Company Secretary and Compliance Officer, Dheerajkumar Pannalal Tiwari (Membership No. 44510), confirming receipt of the annual encumbrance declaration from the promoters and persons acting in concert (PAC).

Promoter Declaration on Encumbrance

Promoter Balkishan Pandurangji Mundada, acting on behalf of all promoters, the promoter group, and PAC, formally declared that no encumbrance has been created, invoked, or released—directly or indirectly—on any shares held by them during the financial year 2025-26. This declaration is in compliance with the regulatory requirements under SEBI's Takeover Regulations, which mandate annual disclosures from promoters regarding the encumbrance status of their shareholding.

Promoter and PAC Shareholding Details

The disclosure includes a comprehensive list of promoters, promoter group members, and persons acting in concert, along with their respective shareholdings. The following table presents the details as submitted:

Among the promoter group, Mundada Harikishan Pandurangji, Akash Balkishan Mundada, and Balkishan Pandurangji Mundada each hold 5247200, 5247170, and 5247200 shares, respectively, each representing 24.51% of the total share/voting capital. Akshay Balkishan Mundada holds 105900 shares, accounting for 0.49% of the total capital.

Company Background

BAI-KAKAJI Polymers Limited is incorporated under CIN U22209MH2013PLC246369 and is headquartered at Plot No. M3 & M4, M.I.D.C., Latur 413531, Maharashtra. The company operates four manufacturing facilities, all located within the M.I.D.C. industrial area in Latur, Maharashtra:

• Factory 1: Plot No. M3 & M4, M.I.D.C., Latur 413531
• Factory 2: Plot No. G17, M.I.D.C., Latur 413531
• Factory 3: Plot No. G3/1 & G19/1/1, M.I.D.C., Latur 413531
• Factory 4: Plot No. D-52, Additional M.I.D.C., Latur 413531

The disclosure was filed at Latur on 05/04/2026, and the company has requested BSE Limited to take the submission on record. A copy of the declaration has also been addressed to the Audit Committee of BAI-KAKAJI Polymers Limited.