Kanpur Plastipack Limited announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, following a board meeting held on May 2, 2026. The board approved the financial results and recommended a final dividend of ₹1.20 per share, equivalent to 12%, for the financial year 2025-26, subject to shareholder approval at the upcoming Annual General Meeting.

Strong Q4 FY26 Performance

For the quarter ended March 31, 2026, the company delivered robust performance across key metrics. Standalone total income reached ₹18,310.42 lakh, representing a 6.16% year-on-year increase from ₹17,247.02 lakh in Q4 FY25. Net profit for the quarter stood at ₹1,453.21 lakh, up 21.91% from ₹1,191.99 lakh in the corresponding quarter of the previous year.

Exceptional FY26 Full Year Results

The company reported significant growth in profitability for FY26. Standalone net profit for the year reached ₹3,819.34 lakh, a substantial 68.08% increase from ₹2,272.39 lakh in the previous year. On a consolidated basis, net profit stood at ₹4,080 lakh. Total income for FY26 grew to ₹72,666.79 lakh, up 26.26% from ₹57,551.24 lakh in FY25.

Export Performance and Geographic Diversification

Exports remained a key growth driver, with total export volumes of 4,924 MT in Q4 FY26 and 23,805 MT for the full year. The company maintains a diversified geographic presence with Europe contributing 56.5% of exports, South America 21.8%, and North America 16.9%. Exports contributed approximately 75% of manufacturing revenue for FY26, representing 61% of total revenue.

Strategic Growth Initiatives and Capacity Expansion

The company is progressing on multiple strategic fronts. The FIBC capacity expansion project, which will add 6,000 MT per annum over the next five years, has achieved 10% of planned capacity ahead of schedule. A modern roll management system is under construction and expected completion by September 2026.

Joint Venture and Technology Partnership

The strategic 50:50 joint venture with Italian technology partner Essegomma S.P.A., incorporated as Essekan Private Limited on January 7, 2026, focuses on high-performance polypropylene yarn. The machine has arrived and commissioning has been completed with necessary approvals received, strengthening the company's global positioning through technology access and export opportunities.

Management Outlook

Mr. Shashank Agarwal, Deputy Managing Director, commented on the strong FY26 performance driven by operating leverage, disciplined cost management, higher contribution from value-added products, and one-time benefits from raw material price increases due to geopolitical disturbances. The company remains well-positioned to sustain profitable growth and expand its global footprint through ongoing capacity expansion and improving product mix.

Kanpur plastipack Limited has announced the re-appointment of Mr. Manoj Agarwal as Chairman cum Managing Director for a three-year term. The board of directors approved this decision at their meeting held on May 2, 2026, following recommendations from the Nomination and Remuneration Committee.

Re-appointment Details

The company's board has approved Mr. Manoj Agarwal's re-appointment for a term spanning from September 1, 2026 to August 31, 2029. This decision comes as his current term as Chairman cum Managing Director is set to expire on August 31, 2026.

Leadership Profile

Mr. Manoj Agarwal, aged 71 years, holds a Masters in Management Studies from BITS, Pilani. He has been instrumental in guiding the company's operations for over 40 years, during which the company's performance has improved considerably under his leadership.

Professional Experience

Mr. Agarwal brings extensive expertise across multiple domains:

• Operations management
• Administration
• Export marketing

He has held several prestigious positions in industry bodies, including past Chairman of the Plastics Export Promotion Council, past President of the Tie UP chapter, and past President of Indian Flexible Intermediate Bulk Container Association. He is also a member of the Management Committee of Plastindia foundation and actively participates in various professional and social organizations.

Board Relationships

The company disclosed family relationships within the board structure. Mrs. Usha Agarwal serves as Non Executive Director, while Mr. Shashank Agarwal holds the position of Deputy Managing Director. Both are immediate relatives of Mr. Manoj Agarwal.

Regulatory Compliance

The re-appointment follows all regulatory requirements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that Mr. Agarwal is not debarred from holding directorship by any regulatory authority, including SEBI or the Ministry of Corporate Affairs.

The board meeting commenced at 12:55 PM and concluded at 5:10 PM on May 2, 2026. The re-appointment remains subject to approval by shareholders at the ensuing Annual General Meeting.