Ecoplast FY26 profit falls, board fixes merger record date

Ecoplast Limited reported a decline in net profit to ₹1,198.12 lakh for the year ended March 31, 2026, from ₹1,377.01 lakh in the previous year, as revenue rose to ₹22,108.23 lakh. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026. The company has prudently decided not to recommend any dividend for the financial year 2025-26, citing financial position and future prospects.

The board approved the re-appointment of M/s Kishore Bhatia & Associates, Cost Accountants, and M/s Akkad Mehta & Co. LLP, Chartered Accountants, as Cost Auditors and Internal Auditors respectively for the financial year 2026-27. The statutory auditors have expressed an unmodified opinion on the standalone and consolidated financial results. The trading window for dealing in the company's securities, which was closed since April 01, 2026, will reopen 48 hours after the declaration of the financial results.

In a significant corporate development, the Board fixed Friday, June 12, 2026, as the record date for the Scheme of Amalgamation of Kunal Plastics Private Limited with Ecoplast Limited. The scheme, sanctioned by the National Company Law Tribunal, Ahmedabad Bench, is effective from May 28, 2026. Shareholders of the transferor company are entitled to receive 52 fully paid-up equity shares of ₹10 each for every 1 fully paid-up equity share of ₹100 each held.

Financial Performance

Metric	Year ended March 31, 2026 (₹ in Lacs)	Year ended March 31, 2025 (₹ in Lacs)
Revenue from Operations	22,108.23	20,778.26
Total Income	22,487.48	21,123.77
Total Expenses	20,890.32	19,233.70
Profit for the Year	1,198.12	1,377.01
Basic EPS (₹)	25.20	31.72

For the quarter ended March 31, 2026, the company reported a profit of ₹453.97 lakh on a total income of ₹5,817.48 lakh. The results have been prepared in accordance with Indian Accounting Standards (Ind AS) and include the impact of the amalgamation scheme retrospectively from April 1, 2025, as per Ind AS 103 requirements. The consolidated financial results reflect the inclusion of subsidiary Synergy Films Private Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.26%	+0.03%	+4.75%	-5.02%	-17.08%	+567.84%

Ecoplast Limited has announced that its scheme of amalgamation with Kunal Plastics Private Limited became effective on May 28, 2026. The merger was finalized after both entities filed the certified copy of the National Company Law Tribunal (NCLT) order with the Registrar of Companies, Ahmedabad. This filing satisfies the conditions outlined in the scheme, specifically Clause 1.6 and Clause 17, and complies with Section 232(5) of the Companies Act, 2013. Consequently, Kunal Plastics Private Limited stands amalgamated with Ecoplast Limited and dissolved without being wound up from the effective date.

Capital Structure Changes

As a result of the amalgamation, the authorized share capital of Ecoplast Limited has been reorganized. The authorized share capital of Rs. 25,00,000 belonging to the transferor company has been transferred to and consolidated with Ecoplast Limited. Consequently, the total authorized share capital of Ecoplast Limited now stands at Rs. 10,25,00,000.

Regulatory Compliance

The intimation regarding the effective date was submitted to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This disclosure follows the company's previous communication dated May 27, 2026, regarding the receipt of the certified copy of the NCLT order dated May 14, 2026.