Creative Graphics reports FY26 total income of INR 348 crore
Creative Graphics Solutions India Limited announced its audited financial results for the year ended March 31, 2026, reporting a consolidated total income of INR 348 crore and a net profit of INR 18.76 crore. The company cited expansion costs and supply chain challenges for the profit decline. Key business updates include the commercialization of new machinery at Wahren and the operational status of its Bangalore factory.

*this image is generated using AI for illustrative purposes only.
Creative Graphics Solutions India Limited has released its audited standalone and consolidated financial results for the half-year and year ended March 31, 2026. The earnings release was submitted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The management also held an Analyst/Investor call on May 21, 2026, to discuss the performance, the recording of which is available on the company's website.
Consolidated Performance
For the full year FY 2025-26, the company reported a consolidated total income of INR 348 crore, compared to INR 256 crore in the previous fiscal year. Net profit for the period stood at INR 18.76 crore, a decrease from INR 20.77 crore in FY 2024-25. The decline in profitability was attributed to increased expenses related to capacity expansion and gross margin compression in the pharma packaging business during the second half of the year.
| Fiscal Year | Total Income (INR Crore) | Net Profit (INR Crore) |
|---|---|---|
| FY 2023-24 | 135 | 10.81 |
| FY 2024-25 | 256 | 20.77 |
| FY 2025-26 | 348 | 18.76 |
In the half-year ended March 31, 2026 (H2 FY 2026), consolidated total income was INR 172 crore, with a net profit of INR 6.55 crore. This compares to H1 FY 2026, which recorded a total income of INR 177 crore and a net profit of INR 12.21 crore.
Standalone Performance
On a standalone basis, the company reported a total income of INR 155 crore for FY 2025-26, up from INR 116 crore in the prior year. Net profit remained relatively stable at INR 13.35 crore compared to INR 13.42 crore in FY 2024-25. For H2 FY 2026, standalone total income reached INR 87 crore, while net profit was INR 564 lakh.
| Fiscal Year | Total Income (INR Crore) | Net Profit (INR Crore) |
|---|---|---|
| FY 2023-24 | 95 | 10.5 |
| FY 2024-25 | 116 | 13.42 |
| FY 2025-26 | 155 | 13.35 |
Business Updates
The company provided updates on its expansion initiatives. The PVC/PVDC machine at Wahren was commercialized towards the end of H2 FY 2025-26, while the Tandem Machine was commercialized in April 2026. The 12000MT Alu Alu Machine is installed with trial runs underway, on track for commercialization within H1 FY 2026-27. The new flexographic plate factory in Bangalore is operational, while the Oman factory commercialization has been delayed due to war-related challenges.
Historical Stock Returns for Creative Graphics Solutions
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -7.26% | -9.55% | -21.31% | -30.96% | -14.10% | -20.99% |
How soon could the 12000MT Alu Alu Machine commercialization and the Tandem Machine ramp-up meaningfully reverse the gross margin compression seen in the pharma packaging segment during H2 FY 2026?
What is the expected timeline and financial impact of the Oman factory commercialization once the war-related disruptions subside, and does the company have contingency plans if delays extend beyond FY 2026-27?
Given that consolidated revenue grew ~36% YoY while net profit declined, at what revenue scale or capacity utilization level does management expect operating leverage to kick in and restore profitability to prior-year margins?

























