Deccan Polypacks Limited reported a net loss of ₹35.81 lakh for the financial year ended March 31, 2026, reversing the profit of ₹90.52 lakh recorded in the previous year. The company's total assets contracted significantly to ₹4.88 lakh from ₹14.41 lakh as of March 31, 2025, driven primarily by a depletion in cash and cash equivalents. The statutory auditors issued an unmodified opinion on the annual audited financial results, which were approved by the board on May 29, 2026.

The financial performance for FY26 reflects a total expense of ₹35.81 lakh, up from ₹21.44 lakh in the prior year, with no income recorded from discontinued operations during the current period. In contrast, the previous year saw an other income of ₹111.97 lakh. The company reported a basic and diluted loss per share of ₹1.69 for FY26, compared to earnings per share of ₹4.28 in FY25.

Financial Position

The balance sheet data highlights a shift in the company's capital structure and asset composition. Long-term borrowings increased sharply to ₹1,367.87 lakh as of March 31, 2026, from ₹8.00 lakh in the previous year. Conversely, cash and cash equivalents dropped to ₹1.48 lakh from ₹11.00 lakh over the same period.

Cash Flow Analysis

The company's net cash flow from operating activities remained negative at ₹35.52 lakh for the year ended March 31, 2026, compared to a negative outflow of ₹21.44 lakh in the previous year. Financing activities provided a net inflow of ₹26.00 lakh, primarily driven by an increase in long-term borrowings. Consequently, the closing balance of cash and cash equivalents stood at ₹1.48 lakh, down from an opening balance of ₹11.00 lakh.

Auditor's Report

GMK Associates, Chartered Accountants, provided an independent auditor's report stating that the financial statements give a true and fair view of the state of affairs of the company as at March 31, 2026. The report included an emphasis of matter regarding notes to the Ind AS financial statements concerning preparation on a realizable value basis and the absence of confirmation of balances. The auditors noted that the impact of these uncertainties could not be determined at the time of reporting.

Regulatory Disclosures

The financial results were published in the newspapers Business Standard and Prajasakthi on May 30, 2026. The company confirmed that it has suspended its manufacturing operations and sold its land, building, and manufacturing facilities. Due to the absence of a final action plan for the company's affairs and operations, the financial statements were not prepared on a going concern basis but rather on a realizable value basis.

Deccan Polypacks Limited has notified the BSE of an upcoming Board of Directors meeting, scheduled in accordance with Regulation 29(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was issued on May 18, 2026, and the meeting is set to take place on Friday, May 29, 2026, at 2:00 p.m. at the company's registered office located at Plot No. A-40, Road No. 7, IDA, Kukatpally, Hyderabad – 500037, Telangana.

Board Meeting Agenda

The board has convened to address key financial and compliance matters pertaining to the quarter and full year ended March 31, 2026. The following items are on the agenda for consideration:

Meeting Details

The key logistical details of the scheduled board meeting are summarised below:

The intimation was signed by Venkata Prudvi Raju Datla, Wholetime Director of Deccan Polypacks Limited (DIN: 03024648), confirming the company's compliance with its disclosure obligations to the exchange.