Kshitij Polyline Limited returned to profitability in FY26, reporting a Profit After Tax (PAT) of ₹3.55 crore against a loss of ₹9.30 crore in FY25. This turnaround was driven by a 46.3% increase in revenue from operations, which rose to ₹44.75 crore from ₹30.58 crore in the prior fiscal year. The company’s net worth grew by 88% to ₹62.74 crore, while total assets expanded by 67% to ₹88.19 crore, reflecting strengthened operational efficiencies and disciplined financial management.

Financial Highlights FY26

The company posted a Profit Before Tax (PBT) of ₹3.97 crore, a significant recovery from the loss of ₹9.47 crore reported in FY25. Total income for the year stood at ₹46.92 crore, up from ₹32.38 crore in the previous year.

Strategic Acquisition and Expansion

Kshitij Polyline completed full and final payment obligations for the acquisition of Omkar Speciality Chemicals Limited in accordance with the Resolution Plan approved by the National Company Law Tribunal (NCLT), Mumbai Bench. The transaction awaits the final NCLT order and completion of consequential legal formalities. Management expects this acquisition to strengthen the company's presence in the specialty chemicals segment and create opportunities for revenue diversification.

Manufacturing and Recycling Initiatives

The company expanded its manufacturing infrastructure during FY26, with Property, Plant & Equipment increasing substantially to support capacity enhancement. Additionally, Kshitij Polyline initiated expansion into the plastic recycling segment as part of its sustainability-focused growth strategy. The company is deploying advanced recycling machinery to increase capacity, support circular economy initiatives, and serve growing domestic and export demand.

Future Outlook

Kshitij Polyline has submitted a Resolution Plan for BIL Vyapar Limited under the Insolvency and Bankruptcy framework, subject to approvals from the Committee of Creditors and NCLT. Looking ahead, the company remains focused on integrating Omkar Speciality Chemicals, commissioning recycling infrastructure, and pursuing strategic inorganic growth opportunities to strengthen profitability and return on capital employed.

Kshitij Polyline Ltd has announced the completion of the full and final payment for the acquisition of M/s Omkar Speciality Chemicals Ltd. The disclosure was made to the National Stock Exchange of India Limited on May 21, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The payment was processed in accordance with the Resolution Plan as approved by the Hon'ble National Company Law Tribunal, Mumbai Bench (NCLT). This development follows a previous disclosure regarding the outcome of the acquisition process dated February 11, 2026.

Acquisition Details

The acquisition of Omkar Speciality Chemicals Ltd marks a significant expansion step for Kshitij Polyline Ltd. The company has adhered to the regulatory requirements and the approved resolution plan to finalize the financial aspects of the deal.

Next Steps

Kshitij Polyline Ltd stated that it will inform the National Stock Exchange of India Limited in due course upon receipt of the final order from the NCLT. The company confirmed that this disclosure is for information and record purposes.