Commercial Syn Bags reported a 94% year-on-year increase in net profit to ₹2695.68 lakh for the financial year ended March 31, 2026, driven by higher operational income. Revenue from operations for the year stood at ₹38398.47 lakh, compared to ₹34161.10 lakh in the previous year. The board approved the audited standalone and consolidated financial results at its meeting held on May 30, 2026, with the statutory auditors issuing an unmodified opinion.

Annual Financial Performance

The company's profitability improved significantly in FY26, with profit before tax rising to ₹3115.29 lakh from ₹1758.67 lakh in the prior year. Total expenses for the year increased to ₹35729.43 lakh. Earnings per share (EPS) for the year on a basic basis stood at ₹6.75, up from ₹3.48 in the previous year. The following table summarises the key annual financial metrics:

Q4 Performance

For the quarter ended March 31, 2026, Commercial Syn Bags recorded a net profit of ₹711.18 lakh against ₹720 lakh in the same quarter of the previous year. Revenue from operations for the quarter stood at ₹10017.57 lakh, compared to ₹9700 lakh year-on-year. Total income for the quarter rose to ₹10237.46 lakh. Notably, EBITDA for the quarter improved to ₹1130 lakh from ₹1000 lakh in the year-ago period, with the EBITDA margin expanding to 11.24% from 10.34%, reflecting improved operational efficiency. The key Q4 metrics are summarised below:

Operational and Capital Updates

The company's manufacturing segment remained the primary revenue driver, contributing ₹38123.82 lakh for the full year. Capital expenditure incurred on the expansion of SEZ and Techtex units has been capitalised and carried under capital work in progress. Additionally, the company received necessary funds for the conversion of 3,87,000 warrants into equity shares during the quarter, with the allotment approved by the board on March 30, 2026. The statutory auditors, Ashok Kumar Agrawal & Associates, confirmed that the audit report carried no modifications or qualifications. The company also stated that the incremental impact of the new Labour Codes notified by the Government of India was not material and has been recognised in the financial results.

Commercial Syn Bags Limited has filed a regulatory compliance notice with the stock exchanges, informing that SEBI Regulation 74(5) of the Depositories and Participants Regulation, 2018 is not applicable to the company for the quarter ended 31st March, 2026.

Regulatory Compliance Status

The company has communicated to both BSE and NSE that the specific SEBI regulation does not apply due to the complete dematerialization of its shareholding. This regulation, formerly known as Regulation 54 of SEBI (Depository and Participant) Regulations, 1996, governs certain compliance requirements for companies with physical share certificates.

Registrar Confirmation

Bigshare Services Pvt. Ltd., serving as the company's registrar and share transfer agent, has provided a certificate confirming the non-applicability of the regulation. The registrar has certified that:

• The entire shareholding of Commercial Syn Bags Limited is held in dematerialized form
• No requests for rematerialization or dematerialization were received during the quarter ended 31st March, 2026
• The company maintains full compliance with depository regulations

Corporate Information

Commercial Syn Bags Limited operates as a manufacturer and exporter of FIBC, PP Fabric, Woven Sacks, BOPP Bags, Tarpaulin, and Flexible Packaging products. The company is listed on both major Indian stock exchanges with BSE code 539986 and NSE symbol COMSYN.

Regulatory Framework

The SEBI Regulation 74(5) requires companies to file specific compliance certificates regarding the status of their share dematerialization. However, when a company's entire shareholding is in electronic form, this regulation becomes non-applicable, eliminating the need for detailed compliance reporting under this specific provision.

This filing demonstrates the company's commitment to maintaining transparency and adhering to all applicable regulatory requirements while efficiently managing its compliance obligations.