Kanpur Plastipack Limited has notified the stock exchanges of an upcoming Nomination and Remuneration Committee meeting, scheduled for May 08, 2026 at 11:00 AM. The intimation has been filed in compliance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Agenda: ESOP-2025 Grant

The notice, dated May 05, 2026, states that the meeting is a continuation of the company's earlier intimation dated November 10, 2025, which pertained to the approval of the Employee Stock Option Scheme – 2025 ("ESOP-2025"). The Nomination and Remuneration Committee will convene to deliberate on the following agenda items:

Regulatory Compliance

The intimation has been submitted to both BSE Limited and the National Stock Exchange of India Limited as required under the applicable listing regulations. The filing was signed by Ankur Srivastava, Company Secretary of Kanpur Plastipack Limited, and digitally authenticated on May 05, 2026.

Kanpur Plastipack Limited is a manufacturer and exporter of industrial bulk packaging products, including Flexible Intermediate Bulk Containers (FIBC), PP Multifilament Yarn, UV Master Batches, Fabrics, and CPP Films, and is headquartered at Panki Industrial Area, Kanpur.

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. Subsequently, the company held an earnings conference call on May 4, 2026 at 11:30 AM, the audio recording of which has been made available on the company's website in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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.