Bhansali Engineering Polymers Limited reported a 42.9% rise in profit after tax to ₹65.6 crore for the quarter ended June 30, 2026, driven by higher realizations and improved cost efficiencies. The expansion in profitability underscores the resilience of the business model amidst a dynamic global geopolitical environment, according to Mr. Jayesh B. Bhansali, Joint Managing Director & Chief Financial Officer. The company remains debt-free, with a ₹200 crores debottlenecking capex fully funded through internal accruals.

Revenue from operations increased 53.3% to ₹472.2 crores in Q1FY27, compared to ₹307.9 crores in the same period last year. EBITDA increased to ₹92.3 crores from ₹63.9 crores in Q1FY26, with the EBITDA margin standing at 19.2%. The board approved the unaudited financial results and declared a first interim dividend of Re.1 per equity share for the financial year 2026-27.

Financial Performance

The company's profit after tax margin stood at 13.6% in Q1FY27. Finance costs remained negligible at ₹0.1 crore, while depreciation stood at ₹2.0 crore. Tax expenses for the quarter amounted to ₹25.1 crores.

*Includes Other Income

Capacity Expansion and Outlook

Bhansali Engineering Polymers is undertaking a debottlenecking project at its Abu Road and Satnoor plants to increase capacity from 75,000 MTPA to 1,00,000 MTPA. The total capex outlay is ₹200 Crores, funded 100% via internal accruals, with targeted commissioning in September 2026 and optimal utilisation expected by FY28. This expansion strengthens the company's position as one of India's lowest-cost ABS producers and positions it to capture a larger share of domestic demand currently met through imports.

The board fixed July 23, 2026, as the record date to determine shareholder eligibility for the dividend, which will be paid on or before August 16, 2026.

Bhansali Engineering Polymers Limited has fixed July 13, 2026, as the record date to determine member entitlement for a final dividend of ₹1 per equity share for the financial year 2025-26, pending approval at the 42nd Annual General Meeting (AGM). The company announced that the Register of Members and Share Transfer Books will remain closed from July 14, 2026, to July 20, 2026, for this purpose.

The 42nd AGM is scheduled to be held on Tuesday, July 21, 2026, at 11:30 AM IST through Video Conferencing (VC) and Other Audio Visual Means (OAVM). This meeting is being conducted in compliance with the provisions of the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, along with relevant General Circulars issued by the Ministry of Corporate Affairs.

The company has fixed Monday, July 13, 2026, as the cut-off date to determine the eligibility of members to vote on the businesses set out in the Notice of AGM. The remote e-voting period will commence on Saturday, July 18, 2026, at 9:30 AM IST and end on Monday, July 20, 2026, at 5:00 PM IST. Members holding shares as on the cut-off date may cast their votes electronically. The Board of Directors has appointed Mr. Himanshu Kamdar, Partner of M/s Rath & Associates, Practicing Company Secretaries, to scrutinize the entire voting process.

Pursuant to Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has issued letters to members whose email addresses are not registered with the company, Registrar and Share Transfer Agent (RTA), or Depository Participant. These letters provide the weblink and exact path to access the Annual Report for the financial year 2025-26. The weblink is available at https://bhansaliabs.com/assets/miscellaneous_reports/1782453987.Annual_Report_2025-26.pdf , and the exact path is www.bhansaliabs.com >>> Investor Relations >>> Annual Reports >>> Annual Report 2025-26. The RTA, MUFG Intime India Private Limited, can be contacted for queries at investor.helpdesk@in.mpms.mufg.com .

Shareholders holding shares in demat form are requested to ensure their bank account details are updated with their respective Depository Participants. For those holding shares in physical form, dividends will be paid only through electronic mode after the submission of required details such as PAN, KYC, and nomination information.