L.K. Mehta Polymers reports revenue growth in FY26 results
L.K. Mehta Polymers reported a rise in total revenue to ₹2953.59 lakh for the year ended March 31, 2026, with net profit increasing to ₹62.64 lakh. The board approved the audited financial results and appointed internal auditors for FY27. Statutory auditors DCJ & Associates issued an unmodified opinion, and the company confirmed the utilization of ₹7.28 crore out of ₹7.38 crore raised via IPO, with no deviation in fund usage.

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L.K. Mehta Polymers reported financial results for the year ended March 31, 2026, showing a rise in total revenue to ₹2953.59 lakh from ₹1915.84 lakh in the previous year. The Board of Directors approved the audited financial results for the half-year and full-year ended March 31, 2026, during a meeting held on May 29, 2026. The statutory auditors, DCJ & Associates, issued an unmodified opinion on the standalone financial statements.
The company recorded a profit before tax of ₹90.04 lakh for FY26, compared to ₹80.03 lakh in the prior year. Net profit for the period stood at ₹62.64 lakh, an increase from ₹60.43 lakh in FY25. Basic earnings per share (EPS) were reported at ₹1.63 for the full year, down from ₹2.08 in the previous year. The board also approved the appointment of internal auditors for the financial year 2026-27.
Financial Performance
Revenue from operations for the full year ended March 31, 2026, reached ₹2919.32 lakh, up from ₹1896.58 lakh in the same period last year. Total expenses increased to ₹2863.55 lakh from ₹1835.80 lakh, driven by higher costs of material consumed and purchases of trading goods. Financial costs for the year amounted to ₹65.81 lakh, while depreciation and amortization stood at ₹13.89 lakh.
| Metric | FY26 (₹ in Lakhs) | FY25 (₹ in Lakhs) |
|---|---|---|
| Total Revenue | 2953.59 | 1915.84 |
| Total Expenses | 2863.55 | 1835.80 |
| Profit Before Tax | 90.04 | 80.03 |
| Net Profit | 62.64 | 60.43 |
| Basic EPS | 1.63 | 2.08 |
IPO Fund Utilization
The company confirmed that it raised ₹7,38,40,000 through its Initial Public Offer (IPO). As of March 31, 2026, ₹7,28,40,000 has been utilized for the purposes stated in the offer document. The unutilized balance of ₹10,00,000 is parked in a fixed deposit with HDFC Bank. The auditors certified that there was no deviation or variation in the utilization of the funds raised.
Historical Stock Returns for LK Mehta Polymers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | +7.34% | -9.76% | -23.08% | -37.03% |
What strategies will the company implement to improve profit margins given the significant rise in material costs?
How does the company plan to utilize the remaining IPO funds to drive future growth?
Will the increase in revenue be sustainable in the coming fiscal year, or was it driven by one-time factors?






























